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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 212.3 $ 169.5
Short-term investments 100.1 129.5
Receivables:    
Trade, less allowance for doubtful receivables of $0.8 at September 30, 2014 and December 31, 2013 132.4 119.8
Other 10.4 13.4
Inventories 211.3 214.4
Prepaid expenses and other current assets 156.4 44.2
Total current assets 822.9 690.8
Property, plant, and equipment – net 442.9 429.3
Net assets of VEBAs 430.3 406.0
Deferred tax assets – net (including deferred tax liability relating to the VEBAs of $161.5 at September 30, 2014 and $152.4 at December 31, 2013) 26.7 69.1
Intangible assets – net 32.5 33.7
Goodwill 37.2 37.2
Other assets 23.8 104.8
Total 1,816.3 1,770.9
Current liabilities:    
Accounts payable 89.3 62.9
Accrued salaries, wages, and related expenses 37.2 42.7
Other accrued liabilities 131.7 44.8
Current portion of long-term debt 170.2 0
Short-term capital leases 0.1 0.2
Total current liabilities 428.5 150.6
Deferred tax liability 1.2 1.2
Long-term liabilities 60.9 146.4
Long-term debt 225.0 388.5
Total liabilities 715.6 686.7
Commitments and contingencies – Note 7      
Stockholders’ equity:    
Preferred stock, 5,000,000 shares authorized at both September 30, 2014 and December 31, 2013; no shares were issued and outstanding at September 30, 2014 and December 31, 2013 0 0
Common stock, par value $0.01, 90,000,000 shares authorized at both September 30, 2014 and at December 31, 2013; 21,196,901 shares issued and 17,829,629 shares outstanding at September 30, 2014; 21,103,700 shares issued and 18,147,017 shares outstanding at December 31, 2013 0.2 0.2
Additional paid in capital 1,026.9 1,023.1
Retained earnings 271.1 233.8
Treasury stock, at cost, 3,367,272 shares at September 30, 2014 and 2,956,683 shares at December 31, 2013, respectively (181.1) (152.2)
Accumulated other comprehensive loss (16.4) (20.7)
Total stockholders’ equity 1,100.7 1,084.2
Total $ 1,816.3 $ 1,770.9