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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 224.6 $ 273.4
Short-term investments 115.9 85.0
Receivables:    
Trade, less allowance for doubtful receivables of $0.8 at September 30, 2013 and December 31, 2012 122.1 123.8
Other 14.5 3.4
Inventories 207.9 186.0
Prepaid expenses and other current assets 67.6 70.1
Total current assets 752.6 741.7
Property, plant, and equipment – net 411.7 384.3
Net asset in respect of VEBA 385.7 365.9
Deferred tax assets – net (including deferred tax liability relating to the VEBAs of $144.9 at September 30, 2013 and $136.9 at December 31, 2012) 61.6 102.0
Intangible assets – net 34.1 35.4
Goodwill 37.2 37.2
Other assets 109.1 86.0
Total 1,792.0 1,752.5
Current liabilities:    
Accounts payable 71.3 62.5
Accrued salaries, wages, and related expenses 39.0 39.3
Other accrued liabilities 40.9 51.8
Payable to affiliate 0 7.9
Short-term capital lease 0.2 0.1
Total current liabilities 151.4 161.6
Net liability in respect of VEBA 4.0 5.3
Deferred tax liability 1.1 0
Long-term liabilities 154.0 134.5
Long-term debt 386.4 380.3
Total liabilities 696.9 681.7
Commitments and contingencies – Note 8      
Stockholders’ equity:    
Preferred stock, 5,000,000 shares authorized at both September 30, 2013 and December 31, 2012; no shares were issued and outstanding at September 30, 2013 and December 31, 2012 0 0
Common stock, par value $0.01, 90,000,000 shares authorized at both September 30, 2013 and at December 31, 2012; 21,112,701 shares issued and 18,672,017 shares outstanding at September 30, 2013; 21,037,841 shares issued and 19,313,235 shares outstanding at December 31, 2012 0.2 0.2
Additional paid in capital 1,022.4 1,017.7
Retained earnings 212.2 151.2
Treasury stock, at cost, 2,440,684 shares at September 30, 2013 and 1,724,606 shares at December 31, 2012, respectively (116.8) (72.3)
Accumulated other comprehensive loss (22.9) (26.0)
Total stockholders’ equity 1,095.1 1,070.8
Total $ 1,792.0 $ 1,752.5