Financial Statements

Financial Statements

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Restated) Year Ending Dec 2014 (Update)
Cash & Equivalents 100.24 178.57 298.06 88.11
Short Term Investments 0.00 8.96 0.00 0.00
Cash and Short Term Investments 100.24 187.53 298.06 88.11
Accounts Receivable - Trade, Gross 45.04 39.87 30.42 34.79
Provision for Doubtful Accounts -1.24 -0.14 -1.40 -1.17
Accounts Receivable - Trade, Net 44.58 44.52 38.42 66.65
Receivables - Other 19.12 0.00 3.06 33.88
Total Receivables, Net 63.70 44.52 41.48 100.52
Inventories - Finished Goods 1.81 3.33 3.39 24.44
Inventories - Work In Progress 22.04 28.39 31.18 16.20
Inventories - Raw Materials 33.50 46.79 65.58 78.92
Inventories - Other -3.20 -3.48 -3.19 -2.55
Total Inventory 54.15 75.03 96.97 117.01
Prepaid Expenses 6.46 8.62 4.06 5.35
Restricted Cash - Current 16.64 16.71 16.92 7.18
Deferred Income Tax - Current Asset 0.00 0.00 0.00 7.69
Other Current Assets, Total 16.64 16.71 16.92 14.87
Total Current Assets 241.19 332.41 457.48 325.86
Buildings - Gross 186.66 182.97 167.54 164.09
Land/Improvements - Gross 5.29 4.33 3.69 3.54
Machinery/Equipment - Gross 233.03 232.17 219.49 196.77
Construction in Progress - Gross 1.82 1.97 16.78 11.61
Other Property/Plant/Equipment - Gross 1,159.87 996.42 906.79 695.23
Property/Plant/Equipment, Total - Gross 1,586.66 1,417.86 1,314.28 1,071.23
Accumulated Depreciation, Total -387.71 -332.80 -289.25 -247.13
Property/Plant/Equipment, Total - Net 1,198.95 1,085.06 1,025.03 824.10
Goodwill, Net 7.17 7.17 7.17 7.17
LT Investment - Affiliate Companies 22.57 26.33 27.40 29.17
Long Term Investments 22.57 26.33 27.40 29.17
Note Receivable - Long Term 0.01 0.00 0.00 0.00
Deferred Charges 0.00 0.00 0.00 2.15
Other Long Term Assets 3.53 5.28 8.00 3.96
Other Long Term Assets, Total 3.53 5.28 8.00 6.11
Total Assets 1,473.43 1,456.25 1,525.07 1,192.41
Accounts Payable 21.32 32.57 40.56 71.58
Accrued Expenses 25.66 27.04 17.80 20.25
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00
Current Portion of Long Term Debt/Capital Leases 25.59 25.59 125.78 110.61
Dividends Payable 0.00 0.00 0.00 0.00
Customer Advances 0.00 0.00 0.00 16.72
Income Taxes Payable 0.00 7.66 0.00 0.00
Other Current liabilities, Total 0.00 7.66 0.00 16.72
Total Current Liabilities 72.57 92.85 184.14 219.17
Long Term Debt 520.02 545.39 570.76 298.34
Total Long Term Debt 520.02 545.39 570.76 298.34
Total Debt 545.61 570.98 696.54 408.95
Deferred Income Tax - Long Term Liability 194.08 252.94 222.34 168.35
Deferred Income Tax 194.08 252.94 222.34 168.35
Pension Benefits - Underfunded 8.10 8.65 8.48 8.54
Other Long Term Liabilities 15.12 6.14 3.06 2.59
Other Liabilities, Total 23.22 14.79 11.54 11.13
Total Liabilities 809.89 905.98 988.78 696.99
Common Stock 0.21 0.21 0.21 0.21
Common Stock, Total 0.21 0.21 0.21 0.21
Additional Paid-In Capital 239.61 239.61 239.61 239.61
Retained Earnings (Accumulated Deficit) 514.45 403.23 361.15 260.94
Treasury Stock - Common -86.03 -86.03 -57.42 0.00
Cumulative Translation Adjustment -0.84 -2.02 -2.23 -0.28
Minimum Pension Liability Adjustment -3.87 -4.73 -5.03 -5.07
Other Comprehensive Income 0.00 0.00 0.00 0.00
Other Equity, Total -4.71 -6.75 -7.26 -5.35
Total Equity 663.53 550.27 536.30 495.42
Total Liabilities & Shareholders' Equity 1,473.43 1,456.25 1,525.07 1,192.41
Shares Outstanding – Common Stock Primary Issue 19.08 19.08 19.84 21.35
Total Common Shares Outstanding 19.08 19.08 19.84 21.35
Treasury Shares – Common Primary Issue 0.00 0.00 0.00 0.00
Employees 1,932.00 2,159.00 2,407.00 2,865.00
Number of Common Shareholders 14.00 14.00 13.00 0.00
Deferred Revenue - Current 0.00 0.00 0.00 16.72
Total Current Assets less Inventory 187.05 257.38 360.52 208.85
Quick Ratio 2.58 2.77 1.96 0.95
Current Ratio 3.32 3.58 2.48 1.49
Net Debt 445.37 383.45 398.48 320.85
Tangible Book Value 656.37 543.10 529.13 488.25
Tangible Book Value per Share 34.39 28.46 26.66 22.87
Total Long Term Debt, Supplemental 550.43 576.01 0.00 308.95
Long Term Debt Maturing within 1 Year 25.59 25.59 0.00 10.61
Long Term Debt Maturing in Year 2 25.51 25.59 0.00 10.61
Long Term Debt Maturing in Year 3 26.35 25.51 0.00 10.61
Long Term Debt Maturing in Year 4 26.36 26.35 0.00 13.70
Long Term Debt Maturing in Year 5 25.85 26.36 0.00 16.89
Long Term Debt Maturing in Year 6 0.00 0.00 0.00 0.00
Long Term Debt Maturing in 2-3 Years 51.86 51.10 0.00 21.22
Long Term Debt Maturing in 4-5 Years 52.21 52.71 0.00 30.59
Long Term Debt Maturing in Year 6 & Beyond 420.76 446.62 0.00 246.53
Total Operating Leases 6.60 7.07 0.00 8.87
Operating Lease Payments Due in Year 1 1.43 1.28 0.00 1.64
Operating Lease Payments Due in Year 2 1.36 1.15 0.00 1.16
Operating Lease Payments Due in Year 3 1.29 1.12 0.00 0.97
Operating Lease Payments Due in Year 4 1.09 1.16 0.00 0.93
Operating Lease Payments Due in Year 5 0.29 1.06 0.00 0.92
Operating Lease Payments Due in Year 6 0.00 0.00 0.00 0.00
Operating Lease Payments Due in 2-3 Years 2.65 2.27 0.00 2.14
Operating Lease Payments Due in 4-5 Years 1.39 2.22 0.00 1.85
Standardized Operating Lease Payments Due in Year 6 and Beyond 1.13 1.30 0.00 3.24
Pension Obligation - Domestic 25.26 24.83 0.00 25.86
Post-Retirement Obligation 0.00 0.00 0.00 0.08
Plan Assets - Domestic 17.13 16.15 0.00 17.28
Funded Status - Domestic -8.14 -8.69 0.00 -8.58
Funded Status - Post-Retirement 0.00 0.00 0.00 -0.08
Accumulated Obligation - Post-Retirement 0.00 0.00 0.00 0.00
Total Funded Status -8.14 -8.69 0.00 -8.66
Discount Rate - Domestic 3.42 3.89 0.00 3.75
Discount Rate - Post-Retirement 0.00 0.00 0.00 3.60
Accrued Liabilities - Domestic -8.14 -8.69 0.00 -8.58
Accrued Liabilities - Post-Retirement 0.00 0.00 0.00 -0.08
Other Assets, Net - Domestic 0.00 0.00 0.00 0.00
Other Assets, Net - Post-Retirement 0.00 0.00 0.00 0.00
Net Assets Recognized on Balance Sheet -8.14 -8.69 0.00 -8.66
Equity % - Domestic 60.15 59.04 0.00 63.24
Debt Securities % - Domestic 36.90 37.17 0.00 36.76
Other Investments % - Domestic 2.95 3.79 0.00 0.00
Total Plan Obligations 25.26 24.83 0.00 25.94
Total Plan Assets 17.13 16.15 0.00 17.28

In millions of USD (except for per share items)

Copyright Morningstar