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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 167.1 $ 136.9
Short-term investments 0.0 4.8
Trade and other accounts receivable (less allowances of $4.4 million and $3.6 million, respectively) 125.5 137.4
Inventories (less allowances of $8.4 million and $8.8 million, respectively):    
Finished goods 109.5 104.4
Work in progress 0.8 2.7
Raw materials 51.5 52.8
Total inventories 161.8 159.9
Current portion of deferred tax assets 8.6 8.8
Prepaid expenses 9.2 6.1
Prepaid income taxes 7.0 3.0
Other current assets 0.0 1.8
Total current assets 479.2 458.7
Property, plant and equipment:    
Gross cost 174.5 161.0
Less accumulated depreciation (94.3) (85.0)
Net property, plant and equipment 80.2 76.0
Goodwill 267.4 267.4
Other intangible assets 150.5 168.7
Deferred finance costs 1.2 1.4
Deferred tax assets, net of current portion 1.4 1.4
Pension asset 62.6 55.5
Other non-current assets 0.8 0.9
Total assets 1,043.3 1,030.0
Current liabilities:    
Accounts payable 56.4 52.2
Accrued liabilities 79.7 84.1
Current portion of finance leases 1.6 0.7
Current portion of plant closure provisions 5.0 6.4
Current portion of accrued income taxes 11.8 7.9
Current portion of acquisition-related contingent consideration 4.3 54.6
Current portion of deferred income 0.2 0.2
Total current liabilities 159.0 206.1
Long-term debt, net of current portion 143.0 133.0
Finance leases, net of current portion 2.9 2.4
Plant closure provisions, net of current portion 34.2 31.3
Unrecognized tax benefits, net of current portion 2.3 3.9
Deferred tax liabilities, net of current portion 38.2 37.7
Pension liability 10.0 9.2
Deferred income, net of current portion 0.6 0.6
Other non-current liabilities 0.9 0.5
Total liabilities 391.1 424.7
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 313.4 311.0
Treasury stock (5,572,705 and 5,453,078 shares at cost, respectively) (99.0) (91.8)
Retained earnings 547.5 496.4
Accumulated other comprehensive loss (110.3) (110.9)
Total Innospec stockholders' equity 651.9 605.0
Non-controlling interest 0.3 0.3
Total equity 652.2 605.3
Total liabilities and equity $ 1,043.3 $ 1,030.0