|
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | As reported Quarter Ended March 31, 2015 | Adjustments | As adjusted Quarter Ended March 31, 2015 | | As reported Quarter Ended December 31, 2014 | Adjustments | As adjusted Quarter Ended December 31, 2014 | | As reported Quarter Ended March 31, 2014 | Adjustments | As adjusted Quarter Ended March 31, 2014 |
| |
| | Net sales | $ | 471.7 |
| | $ | 471.7 |
| | $ | 453.5 |
| | $ | 453.5 |
| | $ | 444.7 |
| | $ | 444.7 |
|
| | Operating costs and expenses: | | | | | | | | | | | |
| | Cost of sales | 427.8 |
| | 427.8 |
| | 430.9 |
| | 430.9 |
| | 388.4 |
| | 388.4 |
|
| | Depreciation and amortization | 26.7 |
| | 26.7 |
| | 23.3 |
| | 23.3 |
| | 25.6 |
| | 25.6 |
|
| | Selling and administrative | 38.7 |
| | 38.7 |
| | 40.8 |
| | 40.8 |
| | 40.9 |
| (3.3 | ) | 37.6 |
|
| | (Gain) loss on sale or impairment of long-lived assets, net | 0.1 |
| (0.1 | ) | — |
| | 1.0 |
| (1.0 | ) | — |
| | — |
| — |
| — |
|
| | Other operating credits and charges, net | 11.6 |
| (11.6 | ) | — |
| | 6.4 |
| (6.4 | ) | — |
| | — |
| — |
| — |
|
| | Total operating costs and expenses | 504.9 |
| | 493.2 |
| | 502.4 |
| | 495.0 |
| | 454.9 |
| | 451.6 |
|
| | Income (loss) from operations | (33.2 | ) | | (21.5 | ) | | (48.9 | ) | | (41.5 | ) | | (10.2 | ) | | (6.9 | ) |
| | Non-operating income (expense): | | | | | | | | | | | |
| | Interest expense, net of capitalized interest | (7.5 | ) | | (7.5 | ) | | (6.4 | ) | (1.5 | ) | (7.9 | ) | | (7.7 | ) | | (7.7 | ) |
| | Investment income | 1.4 |
| | 1.4 |
| | 1.1 |
| | 1.1 |
| | 1.8 |
| | 1.8 |
|
| | Other non-operating items | (2.2 | ) | | (2.2 | ) | | $ | (1.3 | ) | | (1.3 | ) | | (4.3 | ) | 5.8 |
| 1.5 |
|
| | Total non-operating income (expense) | (8.3 | ) | | (8.3 | ) | | (6.6 | ) | | (8.1 | ) | | (10.2 | ) | | (4.4 | ) |
| | Income (loss) from continuing operations before taxes and equity in income of unconsolidated affiliates | (41.5 | ) | | (29.8 | ) | | (55.5 | ) | | (49.6 | ) | | (20.4 | ) | | (11.3 | ) |
| | Provision (benefit) for income taxes | (6.3 | ) | 6.3 |
| — |
| | (11.3 | ) | 11.3 |
| — |
| | (5.6 | ) | 5.6 |
| — |
|
| | "Normalized" tax rate @ 35% | — |
| (10.2 | ) | (10.2 | ) | | — |
| (17.3 | ) | (17.3 | ) | | — |
| (3.7 | ) | (3.7 | ) |
| | Equity in income of unconsolidated affiliates | (0.7 | ) | | (0.7 | ) | | (1.2 | ) | 1.0 |
| (0.2 | ) | | (0.6 | ) | | (0.6 | ) |
| | Income (loss) from continuing operations | (34.5 | ) | | (18.9 | ) | | (43.0 | ) | | (32.1 | ) | | (14.2 | ) | | (7.0 | ) |
| | Income (loss) from discontinued operations before taxes | — |
| | — |
| | 0.2 |
| | 0.2 |
| | — |
| | — |
|
| | Provision (benefit) for income taxes | — |
| | — |
| | 0.1 |
| | 0.1 |
| | — |
| | — |
|
| | Income (loss) from discontinued operations | — |
| | — |
| | 0.1 |
| | 0.1 |
| | — |
| | — |
|
| | Net income (loss) | $ | (34.5 | ) | | $ | (18.9 | ) | | $ | (42.9 | ) | | $ | (32.0 | ) | | $ | (14.2 | ) | | $ | (7.0 | ) |
| | Income (loss) per share of common stock (basic and diluted): | | | | | | | | | | | |
| | Income (loss) from continuing operations | $ | (0.24 | ) | | $ | (0.13 | ) | | $ | (0.30 | ) | | $ | (0.23 | ) | | $ | (0.10 | ) | | $ | (0.05 | ) |
| | Income (loss) from discontinued operations | — |
| | — |
| | — |
| | — |
| | — |
| | — |
|
| | Net income (loss) per share | $ | (0.24 | ) | | $ | (0.13 | ) | | $ | (0.30 | ) | | $ | (0.23 | ) | | $ | (0.10 | ) | | $ | (0.05 | ) |
| | | | | | | | | | | | | |
| | Average shares of stock outstanding - basic and diluted | 142.0 |
| | 142.0 |
| | 141.7 |
| | 141.7 |
| | 140.8 |
| | 140.8 |
|
