|
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | As reported Quarter Ended March 31, 2016 | Adjustments | As adjusted Quarter Ended March 31, 2016 | | As reported Quarter Ended December 31, 2015 | Adjustments | As adjusted Quarter Ended December 31, 2015 | | As reported Quarter Ended March 31, 2015 | Adjustments | As adjusted Quarter Ended March 31, 2015 |
| |
| | Net sales | $ | 504.6 |
| | $ | 504.6 |
| | $ | 462.9 |
| | $ | 462.9 |
| | $ | 471.7 |
| | $ | 471.7 |
|
| | Operating costs and expenses: | | | | | | | | | | | |
| | Cost of sales | 415.5 |
| | 415.5 |
| | 395.3 |
| | 395.3 |
| | 427.8 |
| | 427.8 |
|
| | Depreciation and amortization | 27.9 |
| | 27.9 |
| | 24.0 |
| | 24.0 |
| | 26.7 |
| | 26.7 |
|
| | Selling and administrative | 42.3 |
| | 42.3 |
| | 37.9 |
| | 37.9 |
| | 38.7 |
|
| 38.7 |
|
| | (Gain) loss on sale or impairment of long-lived assets, net | — |
|
| — |
| | 0.6 |
| (0.6 | ) | — |
| | 0.1 |
| (0.1 | ) | — |
|
| | Other operating credits and charges, net | — |
|
| — |
| | 3.7 |
| (3.7 | ) | — |
| | 11.6 |
| (11.6 | ) | — |
|
| | Total operating costs and expenses | 485.7 |
| | 485.7 |
| | 461.5 |
| | 457.2 |
| | 504.9 |
| | 493.2 |
|
| | Income (loss) from operations | 18.9 |
| | 18.9 |
| | 1.4 |
| | 5.7 |
| | (33.2 | ) | | (21.5 | ) |
| | Non-operating income (expense): | | | | | | | | | | | |
| | Interest expense, net of capitalized interest | (8.0 | ) | | (8.0 | ) | | (8.1 | ) |
|
| (8.1 | ) | | (7.5 | ) | | (7.5 | ) |
| | Investment income | 1.8 |
| | 1.8 |
| | 1.5 |
| | 1.5 |
| �� | 1.4 |
| | 1.4 |
|
| | Other non-operating items | 0.5 |
| | 0.5 |
| | 0.2 |
| | 0.2 |
| | (2.2 | ) | | (2.2 | ) |
| | Total non-operating income (expense) | (5.7 | ) | | (5.7 | ) | | (6.4 | ) | | (6.4 | ) | | (8.3 | ) | | (8.3 | ) |
| | Income (loss) before taxes and equity in income of unconsolidated affiliates | 13.2 |
| | 13.2 |
| | (5.0 | ) | | (0.7 | ) | | (41.5 | ) | | (29.8 | ) |
| | Provision (benefit) for income taxes | 4.4 |
| (4.4 | ) | — |
| | 5.0 |
| (5.0 | ) | — |
| | (6.3 | ) | 6.3 |
| — |
|
| | "Normalized" tax rate @ 35% | — |
| 5.1 |
| 5.1 |
| | — |
| 0.4 |
| 0.4 |
| | — |
| (10.2 | ) | (10.2 | ) |
| | Equity in income of unconsolidated affiliates | (1.5 | ) | | (1.5 | ) | | (2.6 | ) | 0.7 |
| (1.9 | ) | | (0.7 | ) | | (0.7 | ) |
| | Income (loss) from continuing operations | 10.3 |
| | 9.6 |
| | (7.4 | ) | | 0.8 |
| | (34.5 | ) | | (18.9 | ) |
| | Income (loss) from discontinued operations before taxes | — |
| | — |
| | (0.3 | ) | | (0.3 | ) | | — |
| | — |
|
| | Provision (benefit) for income taxes | — |
| | — |
| | (0.1 | ) | | (0.1 | ) | | — |
| | — |
|
| | Income (loss) from discontinued operations | — |
| | — |
| | (0.2 | ) | | (0.2 | ) | | — |
| | — |
|
| | Net income (loss) | $ | 10.3 |
| | $ | 9.6 |
| | $ | (7.6 | ) | | $ | 0.6 |
| | $ | (34.5 | ) | | $ | (18.9 | ) |
| | | | | | | | | | | | | |
| | Income (loss) per share of common stock: | | | | | | | | | | | |
| | Net income (loss) per share - basic | $ | 0.07 |
| | $ | 0.07 |
| | $ | (0.05 | ) | | $ | 0.01 |
| | $ | (0.24 | ) | | $ | (0.13 | ) |
| | Net income (loss) per share - diluted | $ | 0.07 |
| | $ | 0.07 |
| | $ | (0.05 | ) | | $ | 0.01 |
| | $ | (0.24 | ) | | $ | (0.13 | ) |
| | | | | | | | | | | | | |
| | Average shares of stock outstanding - basic | 142.9 |
| | 142.9 |
| | 142.7 |
| | 142.7 |
| | 142.0 |
| | 142.0 |
|
| | Average shares of stock outstanding - diluted | 145.2 |
| | 145.2 |
| | 142.7 |
| | 142.7 |
| | 142.0 |
| | 142.0 |
|
