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Guarantor and Non-Guarantor Financial Statements Guarantor and Non-Guarantor Financial Statements (Tables) | 3 Months Ended
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Mar. 31, 2012
Guarantor and Non-Guarantor Financial Statement [Abstract] |
Schedule of Condensed Financial Statements [Table Text Block] | CONDENSED CONSOLIDATING BALANCE SHEETS March 31, 2012
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 5.0 |  |  | $ | 71.6 |  |  | $ | 0.7 |  |  | $ | — |  |  | $ | 77.3 |
Receivables: |  |  |  |  |  |  |  |  |  |
Trade, less allowance for doubtful receivables |  | — |  |  | 125.8 |  |  | 4.3 |  |  | — |  |  | 130.1 |
Intercompany receivables |  | — |  |  | — |  |  | 2.9 |  |  | (2.9 | ) |  | — |
Other |  | — |  |  | 0.9 |  |  | 0.4 |  |  | — |  |  | 1.3 |
Inventories |  | — |  |  | 189.4 |  |  | 8.8 |  |  | — |  |  | 198.2 |
Prepaid expenses and other current assets |  | — |  |  | 74.5 |  |  | 0.8 |  |  | — |  |  | 75.3 |
Total current assets |  | 5.0 |  |  | 462.2 |  |  | 17.9 |  |  | (2.9 | ) |  | 482.2 |
Investments in and advances to unconsolidated affiliates |  | 1,111.9 |  |  | 7.3 |  |  | — |  |  | (1,119.2 | ) |  | — |
Property, plant, and equipment — net |  | — |  |  | 358.8 |  |  | 12.0 |  |  | — |  |  | 370.8 |
Long-term intercompany receivables |  | — |  |  | 22.3 |  |  | 2.5 |  |  | (24.8 | ) |  | — |
Net asset in respect of VEBA(s) |  | — |  |  | 213.4 |  |  | — |  |  | — |  |  | 213.4 |
Deferred tax assets — net |  | — |  |  | 178.9 |  |  | (0.6 | ) |  | 8.6 |  |  | 186.9 |
Intangible assets — net |  | — |  |  | 36.8 |  |  | — |  |  | — |  |  | 36.8 |
Goodwill |  | — |  |  | 37.2 |  |  | — |  |  | — |  |  | 37.2 |
Other assets |  | 41.0 |  |  | 18.9 |  |  | 3.1 |  |  | — |  |  | 63.0 |
Total |  | $ | 1,157.9 |  |  | $ | 1,335.8 |  |  | $ | 34.9 |  |  | $ | (1,138.3 | ) |  | $ | 1,390.3 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 0.1 |  |  | $ | 57.0 |  |  | $ | 8.3 |  |  | $ | — |  |  | $ | 65.4 |
Intercompany payable |  | — |  |  | 2.9 |  |  | — |  |  | (2.9 | ) |  | — |
Accrued salaries, wages, and related expenses |  | — |  |  | 29.2 |  |  | 2.4 |  |  | — |  |  | 31.6 |
Other accrued liabilities |  | 4.1 |  |  | 37.1 |  |  | 1.4 |  |  | — |  |  | 42.6 |
Payable to affiliate |  | — |  |  | 22.4 |  |  | — |  |  | — |  |  | 22.4 |
Long-term debt-current portion |  | — |  |  | 1.7 |  |  | — |  |  | — |  |  | 1.7 |
Total current liabilities |  | 4.2 |  |  | 150.3 |  |  | 12.1 |  |  | (2.9 | ) |  | 163.7 |
Net liability in respect of VEBA |  | — |  |  | 20.4 |  |  | — |  |  | — |  |  | 20.4 |
Long-term intercompany payable |  | 22.0 |  |  | 2.5 |  |  | 0.3 |  |  | (24.8 | ) |  | — |
Long-term liabilities |  | 44.6 |  |  | 53.7 |  |  | 17.8 |  |  | — |  |  | 116.1 |
Cash convertible senior notes |  | 149.8 |  |  | — |  |  | — |  |  | — |  |  | 149.8 |
Other long-term debt |  | — |  |  | 3.0 |  |  | — |  |  | — |  |  | 3.0 |
Total liabilities |  | 220.6 |  |  | 229.9 |  |  | 30.2 |  |  | (27.7 | ) |  | 453.0 |
Total stockholders’ equity |  | 937.3 |  |  | 1,105.9 |  |  | 4.7 |  |  | (1,110.6 | ) |  | 937.3 |
Total |  | $ | 1,157.9 |  |  | $ | 1,335.8 |  |  | $ | 34.9 |  |  | $ | (1,138.3 | ) |  | $ | 1,390.3 |
CONDENSED CONSOLIDATING BALANCE SHEETS December 31, 2011
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 5.0 |  |  | $ | 43.0 |  |  | $ | 1.8 |  |  | $ | — |  |  | $ | 49.8 |
Receivables: |  |  |  |  |  |  |  |  |  |
Trade, less allowance for doubtful receivables |  | — |  |  | 96.0 |  |  | 2.9 |  |  | — |  |  | 98.9 |
Intercompany receivables |  | — |  |  | 2.3 |  |  | 0.2 |  |  | (2.5 | ) |  | — |
Other |  | — |  |  | 0.8 |  |  | 0.4 |  |  | — |  |  | 1.2 |
Inventories |  | — |  |  | 196.6 |  |  | 9.1 |  |  | — |  |  | 205.7 |
Prepaid expenses and other current assets |  | 6.9 |  |  | 71.0 |  |  | 1.0 |  |  | — |  |  | 78.9 |
Total current assets |  | 11.9 |  |  | 409.7 |  |  | 15.4 |  |  | (2.5 | ) |  | 434.5 |
Investments in and advances to unconsolidated affiliates |  | 1,036.9 |  |  | 5.8 |  |  | — |  |  | (1,042.7 | ) |  | — |
Property, plant, and equipment — net |  | — |  |  | 355.9 |  |  | 11.9 |  |  | — |  |  | 367.8 |
Long-term intercompany receivables |  | — |  |  | 22.0 |  |  | 2.5 |  |  | (24.5 | ) |  | — |
Net asset in respect of VEBA(s) |  | — |  |  | 144.7 |  |  | — |  |  | — |  |  | 144.7 |
Deferred tax assets — net |  | — |  |  | 218.9 |  |  | (0.6 | ) |  | 8.6 |  |  | 226.9 |
Intangible assets — net |  | — |  |  | 37.2 |  |  | — |  |  | — |  |  | 37.2 |
Goodwill |  | — |  |  | 37.2 |  |  | — |  |  | — |  |  | 37.2 |
Other assets |  | 50.2 |  |  | 19.2 |  |  | 2.9 |  |  | — |  |  | 72.3 |
Total |  | $ | 1,099.0 |  |  | $ | 1,250.6 |  |  | $ | 32.1 |  |  | $ | (1,061.1 | ) |  | $ | 1,320.6 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | — |  |  | $ | 57.1 |  |  | $ | 5.1 |  |  | $ | — |  |  | $ | 62.2 |
Intercompany payable |  | — |  |  | 0.2 |  |  | 2.3 |  |  | (2.5 | ) |  | — |
Accrued salaries, wages, and related expenses |  | — |  |  | 28.7 |  |  | 2.2 |  |  | — |  |  | 30.9 |
Other accrued liabilities |  | 2.2 |  |  | 38.0 |  |  | 0.8 |  |  | — |  |  | 41.0 |
Payable to affiliate |  | — |  |  | 14.4 |  |  | — |  |  | — |  |  | 14.4 |
Long-term debt-current portion |  | — |  |  | 1.3 |  |  | — |  |  | — |  |  | 1.3 |
Total current liabilities |  | 2.2 |  |  | 139.7 |  |  | 10.4 |  |  | (2.5 | ) |  | 149.8 |
Net liability in respect of VEBA |  | — |  |  | 20.6 |  |  | — |  |  | — |  |  | 20.6 |
Long-term intercompany payable |  | 22.0 |  |  | 2.5 |  |  | — |  |  | (24.5 | ) |  | — |
Long-term liabilities |  | 54.0 |  |  | 53.5 |  |  | 18.5 |  |  | — |  |  | 126.0 |
Cash convertible senior notes |  | 148.0 |  |  |  |  |  | — |  |  | — |  |  | 148.0 |
Other long-term debt |  | — |  |  | 3.4 |  |  | — |  |  | — |  |  | 3.4 |
Total liabilities |  | 226.2 |  |  | 219.7 |  |  | 28.9 |  |  | (27.0 | ) |  | 447.8 |
Total stockholders’ equity |  | 872.8 |  |  | 1,030.9 |  |  | 3.2 |  |  | (1,034.1 | ) |  | 872.8 |
Total |  | $ | 1,099.0 |  |  | $ | 1,250.6 |  |  | $ | 32.1 |  |  | $ | (1,061.1 | ) |  | $ | 1,320.6 |
CONDENSED STATEMENT OF CONSOLIDATING COMPREHENSIVE INCOME Quarter Ended March 31, 2012
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Net sales |  | $ | — |  |  | $ | 355.5 |  |  | $ | 32.6 |  |  | $ | (22.7 | ) |  | $ | 365.4 |
Costs and expenses: |  |  |  |  |  |  |  |  |  |
Cost of products sold: |  |  |  |  |  |  |  |  |  |
Cost of products sold, excluding depreciation, amortization and other items |  | — |  |  | 287.4 |  |  | 29.9 |  |  | (22.3 | ) |  | 295.0 |
Depreciation and amortization |  | — |  |  | 6.1 |  |  | 0.2 |  |  | — |  |  | 6.3 |
Selling, administrative, research and development, and general |  | 0.5 |  |  | 17.7 |  |  | — |  |  | (0.3 | ) |  | 17.9 |
Total costs and expenses |  | 0.5 |  |  | 311.2 |  |  | 30.1 |  |  | (22.6 | ) |  | 319.2 |
Operating (loss) income |  | (0.5 | ) |  | 44.3 |  |  | 2.5 |  |  | (0.1 | ) |  | 46.2 |
Other (expense) income: |  |  |  |  |  |  |  |  |  |
Interest expense |  | (4.0 | ) |  | (0.1 | ) |  | — |  |  | — |  |  | (4.1 | )
Other income (expense), net |  | 0.5 |  |  | 0.2 |  |  | — |  |  | — |  |  | 0.7 |
Income before income taxes |  | (4.0 | ) |  | 44.4 |  |  | 2.5 |  |  | (0.1 | ) |  | 42.8 |
Income tax provision |  | — |  |  | (16.8 | ) |  | (0.7 | ) |  | 1.2 |  |  | (16.3 | )
Earnings in equity of subsidiaries |  | 30.5 |  |  | 1.7 |  |  | — |  |  | (32.2 | ) |  | — |
Net income |  | $ | 26.5 |  |  | $ | 29.3 |  |  | $ | 1.8 |  |  | $ | (31.1 | ) |  | $ | 26.5 |
Comprehensive income (loss) |  | $ | 27.6 |  |  | $ | 30.7 |  |  | $ | 1.5 |  |  | $ | (32.2 | ) |  | $ | 27.6 |
CONDENSED STATEMENT OF CONSOLIDATING COMPREHENSIVE INCOME Quarter Ended March 31, 2011
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Net sales |  | $ | — |  |  | $ | 312.9 |  |  | $ | 35.0 |  |  | $ | (25.3 | ) |  | $ | 322.6 |
Costs and expenses: |  |  |  |  |  |  |  |  |  |
Cost of products sold: |  |  |  |  |  |  |  |  |  |
Cost of products sold, excluding depreciation, amortization and other items |  | — |  |  | 272.6 |  |  | 33.1 |  |  | (24.8 | ) |  | 280.9 |
Depreciation and amortization |  | — |  |  | 6.1 |  |  | 0.2 |  |  | — |  |  | 6.3 |
Selling, administrative, research and development, and general |  | 0.4 |  |  | 13.8 |  |  | 1.9 |  |  | (0.5 | ) |  | 15.6 |
Total costs and expenses |  | 0.4 |  |  | 292.5 |  |  | 35.2 |  |  | (25.3 | ) |  | 302.8 |
Operating (loss) income |  | (0.4 | ) |  | 20.4 |  |  | (0.2 | ) |  | — |  |  | 19.8 |
Other (expense) income: |  |  |  |  |  |  |  |  |  |
Interest expense |  | (3.8 | ) |  | (0.7 | ) |  | — |  |  | — |  |  | (4.5 | )
Other income (expense), net |  | 1.6 |  |  | 0.1 |  |  | — |  |  | — |  |  | 1.7 |
Income before income taxes |  | (2.6 | ) |  | 19.8 |  |  | (0.2 | ) |  | — |  |  | 17.0 |
Income tax provision |  | — |  |  | (7.0 | ) |  | (0.4 | ) |  | 1.2 |  |  | (6.2 | )
Earnings in equity of subsidiaries |  | 13.4 |  |  | (0.6 | ) |  | — |  |  | (12.8 | ) |  | — |
Net income (loss) |  | $ | 10.8 |  |  | $ | 12.2 |  |  | $ | (0.6 | ) |  | $ | (11.6 | ) |  | $ | 10.8 |
Comprehensive income (loss) |  | $ | 11.2 |  |  | $ | 12.9 |  |  | $ | (0.9 | ) |  | $ | (12.0 | ) |  | $ | 11.2 |
CONDENSED STATEMENTS OF CONSOLIDATING CASH FLOWS Quarter Ended March 31, 2012
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net cash provided by operating activities |  | $ | 0.1 |  |  | $ | 35.7 |  |  | $ | (0.8 | ) |  | $ | — |  |  | $ | 35.0 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | — |  |  | (8.7 | ) |  | (0.3 | ) |  | — |  |  | (9.0 | )
Change in restricted cash |  | 6.9 |  |  | 0.3 |  |  | — |  |  | — |  |  | 7.2 |
Net cash used in investing activities |  | 6.9 |  |  | (8.4 | ) |  | (0.3 | ) |  | — |  |  | (1.8 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest |  | — |  |  | 1.3 |  |  | — |  |  | — |  |  | 1.3 |
Repurchase of common stock to cover employees' tax withholdings upon vesting of non-vested shares |  | (2.1 | ) |  | — |  |  | — |  |  | — |  |  | (2.1 | )
Cash dividend paid to stockholders |  | (4.9 | ) |  | — |  |  | — |  |  | — |  |  | (4.9 | )
Net cash (used in) provided by financing activities |  | (7.0 | ) |  | 1.3 |  |  | — |  |  | — |  |  | (5.7 | )
Net increase (decrease) in cash and cash equivalents during the period |  | — |  |  | 28.6 |  |  | (1.1 | ) |  | — |  |  | 27.5 |
Cash and cash equivalents at beginning of period |  | 5.0 |  |  | 43.0 |  |  | 1.8 |  |  | — |  |  | 49.8 |
Cash and cash equivalents at end of period |  | $ | 5.0 |  |  | $ | 71.6 |  |  | $ | 0.7 |  |  | $ | — |  |  | $ | 77.3 |
CONDENSED STATEMENTS OF CONSOLIDATING CASH FLOWS Quarter Ended March 31, 2011
|  | Parent |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |
Net cash provided by operating activities |  | $ | 5.8 |  |  | $ | 10.2 |  |  | $ | (0.2 | ) |  | $ | — |  |  | $ | 15.8 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | — |  |  | (5.8 | ) |  | (0.4 | ) |  | — |  |  | (6.2 | )
Cash payment for acquisition of manufacturing facility and related assets (net of $4.9 of cash received in connection with the acquisition in 2011) |  | — |  |  | (83.2 | ) |  | — |  |  | — |  |  | (83.2 | )
Net cash used in investing activities |  | — |  |  | (89.0 | ) |  | (0.4 | ) |  | — |  |  | (89.4 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |
Repayment of promissory notes |  | — |  |  | (0.3 | ) |  | — |  |  | — |  |  | (0.3 | )
Repurchase of common stock to cover employees' tax withholdings upon vesting of non-vested shares |  | (1.1 | ) |  | — |  |  | — |  |  | — |  |  | (1.1 | )
Cash dividend paid to stockholders |  | (4.7 | ) |  | — |  |  | — |  |  | — |  |  | (4.7 | )
Net cash used in financing activities |  | (5.8 | ) |  | (0.3 | ) |  | — |  |  | — |  |  | (6.1 | )
Net decrease in cash and cash equivalents during the period |  | — |  |  | (79.1 | ) |  | (0.6 | ) |  | — |  |  | (79.7 | )
Cash and cash equivalents at beginning of period |  | 5.0 |  |  | 129.6 |  |  | 1.0 |  |  | — |  |  | 135.6 |
Cash and cash equivalents at end of period |  | $ | 5.0 |  |  | $ | 50.5 |  |  | $ | 0.4 |  |  | $ | — |  |  | $ | 55.9 |

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