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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 172.1 $ 125.6
Short-term investments 25.3 36.7
Receivables:    
Trade receivables, net 188.1 179.8
Other 26.1 25.6
Contract assets 46.1 54.9
Inventories 192.5 215.1
Prepaid expenses and other current assets 18.4 18.9
Total current assets 668.6 656.6
Property, plant and equipment, net 614.3 611.8
Operating lease assets 26.3 0.0
Deferred tax assets, net 6.3 35.9
Intangible assets, net 30.3 32.4
Goodwill 44.0 44.0
Other assets 36.5 38.6
Total 1,426.3 1,419.3
Current liabilities:    
Accounts payable 93.8 121.4
Accrued salaries, wages and related expenses 31.9 40.1
Other accrued liabilities 50.1 44.0
Total current liabilities 175.8 205.5
Long-term portion of operating lease liabilities 25.6 0.0
Net liabilities of Salaried VEBA 32.8 32.4
Deferred tax liabilities 4.2 4.2
Long-term liabilities 65.4 66.4
Long-term debt 371.1 370.4
Total liabilities 674.9 678.9
Commitments and contingencies
Stockholders' equity:    
Preferred stock, 5,000,000 shares authorized at both September 30, 2019 and December 31, 2018; no shares were issued and outstanding at September 30, 2019 and December 31, 2018 0.0 0.0
Common stock, par value $0.01, 90,000,000 shares authorized at both September 30, 2019 and at December 31, 2018; 22,550,827 shares issued and 15,900,956 shares outstanding at September 30, 2019; 22,471,705 shares issued and 16,234,603 shares outstanding at December 31, 2018 0.2 0.2
Additional paid in capital 1,061.5 1,059.3
Retained earnings 193.0 150.2
Treasury stock, at cost, 6,649,871 shares at September 30, 2019 and 6,237,102 shares at December 31, 2018, respectively (460.1) (420.5)
Accumulated other comprehensive loss (43.2) (48.8)
Total stockholders' equity 751.4 740.4
Total $ 1,426.3 $ 1,419.3