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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 91.4 $ 90.2
Trade and other accounts receivable (less allowances of $4.4 million and $4.1 million respectively) 287.8 244.5
Inventories (less allowances of $12.2 million and $12.6 million respectively):    
Finished goods 189.5 145.9
Raw materials 72.4 63.9
Total inventories 261.9 209.8
Prepaid expenses 8.4 13.1
Prepaid income taxes 9.8 2.8
Other current assets 0.0 1.1
Total current assets 659.3 561.5
Net property, plant and equipment 194.7 196.0
Goodwill 366.3 361.8
Other intangible assets 142.3 163.3
Deferred tax assets 6.2 6.5
Pension asset 121.4 116.0
Other non-current assets 6.9 5.1
Total assets 1,497.1 1,410.2
Current liabilities:    
Bank overdraft 0.5 0.0
Accounts payable 127.4 117.9
Accrued liabilities 122.9 104.1
Current portion of long-term debt 15.8 15.8
Current portion of finance leases 2.0 2.7
Current portion of plant closure provisions 4.0 5.2
Current portion of accrued income taxes 17.9 15.8
Total current liabilities 290.5 261.5
Long-term debt, net of current portion 208.1 202.6
Finance leases, net of current portion 1.8 3.2
Plant closure provisions, net of current portion 44.9 40.9
Accrued income taxes, net of current portion 39.7 41.7
Unrecognized tax benefits, net of current portion 3.2 2.5
Deferred tax liabilities 46.7 45.0
Pension liabilities and post-employment benefits 16.6 16.5
Other non-current liabilities 5.3 2.0
Total liabilities 656.8 615.9
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 322.9 320.4
Treasury stock (5,130,179 and 5,204,181 shares at cost, respectively) (92.9) (93.3)
Retained earnings 658.9 605.0
Accumulated other comprehensive loss (49.3) (38.5)
Total Innospec stockholders' equity 839.9 793.9
Non-controlling interest 0.4 0.4
Total equity 840.3 794.3
Total liabilities and equity $ 1,497.1 $ 1,410.2