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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 169.5 $ 273.4
Short-term investments 129.5 85.0
Receivables:    
Trade, less allowance for doubtful receivables of $0.8 at December 31, 2013 and December 31, 2012 119.8 123.8
Other 13.4 3.4
Inventories 214.4 186.0
Prepaid expenses and other current assets 44.2 70.1
Total current assets 690.8 741.7
Property, plant, and equipment — net 429.3 384.3
Net asset in respect of VEBAs 406.0 365.9
Deferred tax assets — net (including deferred tax liability relating to the VEBAs of $152.4 at December 31, 2013 and $136.9 at December 31, 2012 - see Note 6) 69.1 102.0
Intangible assets — net 33.7 35.4
Goodwill 37.2 37.2
Other assets 104.8 86.0
Total 1,770.9 1,752.5
Current liabilities:    
Accounts payable 62.9 62.5
Accrued salaries, wages, and related expenses 42.7 39.3
Other accrued liabilities 44.8 51.8
Payable to affiliate 0 7.9
Short-term capital leases 0.2 0.1
Total current liabilities 150.6 161.6
Net liability in respect of VEBA 0 5.3
Deferred tax liability 1.2 0
Long-term liabilities 146.4 134.5
Long-term debt 388.5 380.3
Total liabilities 686.7 681.7
Commitments and contingencies — Note 10      
Stockholders’ equity:    
Preferred stock, 5,000,000 shares authorized at both December 31, 2013 and December 31, 2012; no shares were issued and outstanding at December 31, 2013 and December 31, 2012 0 0
Common stock, par value $0.01, 90,000,000 shares authorized at both December 31, 2013 and December 31, 2012; 21,103,700 shares issued and 18,147,017 shares outstanding at December 31, 2013; 21,037,841 shares issued and 19,313,235 shares outstanding at December 31, 2012 0.2 0.2
Additional paid in capital 1,023.1 1,017.7
Retained earnings 233.8 151.2
Treasury stock, at cost, 2,956,683 shares at December 31, 2013 and 1,724,606 shares at December 31, 2012 (152.2) (72.3)
Accumulated other comprehensive loss (20.7) (26.0)
Total stockholders’ equity 1,084.2 1,070.8
Total $ 1,770.9 $ 1,752.5