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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 73.9 $ 55.2
Short-term investments 191.4 231.0
Receivables:    
Trade receivables, net 138.2 137.7
Other 15.4 11.9
Inventories 212.2 201.6
Prepaid expenses and other current assets 31.5 18.5
Total current assets 662.6 655.9
Property, plant and equipment, net 557.8 530.9
Deferred tax assets, net 118.7 159.7
Intangible assets, net 25.3 26.4
Goodwill 18.8 37.2
Other assets 39.5 33.4
Total 1,422.7 1,443.5
Current liabilities:    
Accounts payable 94.4 75.8
Accrued salaries, wages and related expenses 39.0 49.1
Other accrued liabilities 43.3 40.1
Total current liabilities 176.7 165.0
Net liabilities of Salaried VEBA 27.8 28.6
Deferred tax liabilities 3.3 3.3
Long-term liabilities 61.9 73.2
Long-term debt 369.4 368.7
Total liabilities 639.1 638.8
Commitments and contingencies
Stockholders' equity:    
Preferred stock, 5,000,000 shares authorized at both September 30, 2017 and December 31, 2016; no shares were issued and outstanding at September 30, 2017 and December 31, 2016 0.0 0.0
Common stock, par value $0.01, 90,000,000 shares authorized at both September 30, 2017 and at December 31, 2016; 22,392,946 shares issued and 16,905,368 shares outstanding at September 30, 2017; 22,332,732 shares issued and 17,651,461 shares outstanding at December 31, 2016 0.2 0.2
Additional paid in capital 1,052.8 1,047.4
Retained earnings 109.0 75.2
Treasury stock, at cost, 5,487,578 shares at September 30, 2017 and 4,681,271 shares at December 31, 2016, respectively (345.7) (281.4)
Accumulated other comprehensive loss (32.7) (36.7)
Total stockholders' equity 783.6 804.7
Total $ 1,422.7 $ 1,443.5