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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 136.9 $ 41.6
Short-term investments 4.8 4.7
Trade and other accounts receivable (less allowances of $3.6 million and $3.9 million, respectively) 137.4 164.3
Inventories (less allowances of $8.8 million and $10.2 million, respectively):    
Finished goods 104.4 127.0
Work in progress 2.7 1.2
Raw materials 52.8 56.7
Total inventories 159.9 184.9
Current portion of deferred tax assets 8.8 8.4
Prepaid expenses 6.1 8.3
Prepaid income taxes 3.0 2.0
Other current assets 1.8 0.0
Total current assets 458.7 414.2
Net property, plant and equipment 76.0 80.8
Goodwill 267.4 276.1
Other intangible assets 168.7 181.1
Deferred finance costs 1.4 1.1
Deferred tax assets, net of current portion 1.4 0.7
Pension asset 55.5 45.2
Other non-current assets 0.9 0.7
Total assets 1,030.0 999.9
Current liabilities:    
Accounts payable 52.2 87.6
Accrued liabilities 84.1 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 6.4 5.7
Current portion of accrued income taxes 7.9 5.6
Current portion of acquisition-related contingent consideration 54.6 45.7
Current portion of deferred income 0.2 0.2
Total current liabilities 206.1 222.9
Long-term debt, net of current portion 133.0 139.0
Finance leases, net of current portion 2.4 1.7
Plant closure provisions, net of current portion 31.3 28.4
Unrecognized tax benefits, net of current portion 3.9 6.2
Deferred tax liabilities, net of current portion 37.7 23.0
Pension liabilities 9.2 10.4
Acquisition-related contingent consideration 0.0 49.5
Deferred income, net of current portion 0.6 0.9
Other non-current liabilities 0.5 2.0
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 311.0 308.8
Treasury stock (5,453,078 and 5,263,481 shares at cost, respectively) (91.8) (78.7)
Retained earnings 496.4 391.8
Accumulated other comprehensive loss (110.9) (106.3)
Total Innospec stockholders' equity 605.0 515.9
Non-controlling interest 0.3 0.0
Total equity 605.3 515.9
Total liabilities and equity $ 1,030.0 $ 999.9