CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2025		Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 7.0		$ 18.4	[1]
Receivables:
Trade receivables, net	395.2		319.7	[1]
Other	28.1		22.2	[1]
Contract assets	63.4		73.4	[1]
Inventories	725.2		601.9	[1]
Prepaid expenses and other current assets	42.6		39.0	[1]
Total current assets	1,261.5		1,074.6	[1]
Property, plant and equipment, net	1,145.2		1,161.2	[1]
Operating lease assets	22.4		27.2	[1]
Deferred tax assets, net	0.2		4.0	[1]
Intangible assets, net	41.0		45.5	[1]
Goodwill	18.8		18.8	[1]
Other assets	75.7		78.6	[1]
Total assets	2,564.8		2,409.9	[1]
Current liabilities:
Accounts payable	274.6		266.9	[1]
Accrued salaries, wages and related expenses	61.3		54.3	[1]
Other accrued liabilities	91.3		79.3	[1]
Total current liabilities	427.2		400.5	[1]
Long-term portion of operating lease liabilities	21.7		25.2	[1]
Pension and OPEB	73.4		71.4	[1]
Deferred tax liabilities	75.4		44.1	[1]
Long-term liabilities	81.4		84.0	[1]
Long-term debt, net	1,059.6		1,041.6	[1]
Total liabilities	1,738.7		1,666.8	[1]
Commitments and contingencies - Note 10
Stockholders’ equity:
Preferred stock, 5,000,000 shares authorized at both December 31, 2025 and December 31, 2024; no shares were issued and outstanding at December 31, 2025 and December 31, 2024	0.0		0.0	[1]
Common stock, par value $0.01, 90,000,000 shares authorized at both December 31, 2025 and December 31, 2024; 23,045,729 shares issued and 16,210,443 shares outstanding at December 31, 2025; 22,931,184 shares issued and 16,095,898 shares outstanding at December 31, 2024	0.2		0.2	[1]
Additional paid in capital	1,132.5		1,117.0	[1]
Retained earnings	142.5		81.3	[1]
Treasury stock, at cost, 6,835,286 shares at both December 31, 2025 and December 31, 2024	(475.9)		(475.9)	[1]
Accumulated other comprehensive income	26.8		20.5	[1]
Total stockholders’ equity	826.1	[2]	743.1	[1]
Total liabilities and stockholders' equity	$ 2,564.8		$ 2,409.9	[1]

[1] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 18 for further discussion.

[2] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 18 for further discussion.