XML 128 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 76.0 $ 24.1
Accounts receivable, net of allowances for doubtful accounts of $0.8 and $0.7, respectively 73.0 73.6
Inventories 87.2 87.6
Prepaid expenses and other current assets 15.1 9.2
Current assets of discontinued operations 63.8 76.2
Total current assets 315.1 270.7
Properties and equipment, net 52.9 52.7
Goodwill 231.6 235.2
Deferred tax assets 20.1 45.1
Deferred charges and other assets 3.5 4.0
Long-term assets of discontinued operations 43.3 51.0
Total assets 666.5 658.7
Current liabilities:    
Current portion of long-term borrowings and capital lease obligations 0.4 6.2
Accounts payable 38.0 41.7
Accrued liabilities:    
Compensation and withholding taxes 18.6 22.6
Other current liabilities 31.6 35.7
Current liabilities of discontinued operations 28.6 32.9
Total current liabilities 117.2 139.1
Long-term borrowings and capital lease obligations 43.7 44.0
Long-term pension and other post-retirement benefit liabilities 55.2 62.6
Deferred gain 12.6 14.6
Other long-term liabilities 16.9 16.0
Long-term liabilities of discontinued operations 15.3 10.8
Total liabilities 260.9 287.1
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 64.8 and 64.2 shares issued, respectively 64.8 64.2
Capital in excess of par value 195.6 187.0
Retained earnings 274.9 227.0
Treasury stock, at cost, 2.6 million and 1.7 million shares, respectively (40.9) (27.1)
Accumulated other comprehensive loss (88.8) (79.5)
Total stockholders’ equity 405.6 371.6
Total liabilities and stockholders’ equity $ 666.5 $ 658.7