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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 127.7 $ 41.6
Short-term investments 5.1 4.7
Trade and other accounts receivable (less allowances of $3.8 and $3.9, respectively) 130.2 164.3
Inventories (less allowances of $9.6 and $10.2, respectively):    
Finished goods 109.6 127.0
Work in progress 2.0 1.2
Raw materials 55.2 56.7
Total inventories 166.8 184.9
Current portion of deferred tax assets 8.1 8.4
Prepaid expenses 3.9 8.3
Prepaid income taxes 1.6 2.0
Total current assets 443.4 414.2
Property, plant and equipment:    
Gross cost 158.4 187.0
Less accumulated depreciation (84.3) (106.2)
Net property, plant and equipment 74.1 80.8
Goodwill 268.3 276.1
Other intangible assets 172.6 181.1
Deferred finance costs 0.5 1.1
Deferred tax assets, net of current portion 0.7 0.7
Pension asset 56.3 45.2
Other non-current assets 0.9 0.7
Total assets 1,016.8 999.9
Current liabilities:    
Bank overdraft 7.6 0.0
Accounts payable 67.2 87.6
Accrued liabilities 69.1 77.2
Current portion of long-term debt 0.0 0.4
Current portion of finance leases 0.7 0.5
Current portion of plant closure provisions 3.8 5.7
Current portion of accrued income taxes 4.5 5.6
Current portion of acquisition-related contingent consideration 43.6 45.7
Current portion of deferred income 0.2 0.2
Total current liabilities 196.7 222.9
Long-term debt, net of current portion 127.0 139.0
Finance leases, net of current portion 2.4 1.7
Plant closure provisions, net of current portion 31.2 28.4
Unrecognized tax benefits, net of current portion 3.6 6.2
Deferred tax liabilities, net of current portion 37.0 23.0
Pension liability 9.9 10.4
Acquisition-related contingent consideration, net of current portion 20.0 49.5
Deferred income, net of current portion 0.7 0.9
Other non-current liabilities 0.1 2.0
Total liabilities 428.6 484.0
Equity:    
Common stock, $0.01 par value, authorized 40,000,000 shares, issued 29,554,500 shares 0.3 0.3
Additional paid-in capital 310.6 308.8
Treasury stock (5,472,842 and 5,263,481 shares at cost, respectively) (92.1) (78.7)
Retained earnings 472.5 391.8
Accumulated other comprehensive loss (103.5) (106.3)
Total Innospec stockholders' equity 587.8 515.9
Non-controlling interest 0.4 0.0
Total equity 588.2 515.9
Total liabilities and equity $ 1,016.8 $ 999.9