XML 38 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 66.2 $ 31.6
Accounts receivable, net of allowances for doubtful accounts of $3.0 and $2.4, respectively 145.0 134.2
Inventories 196.6 182.9
Prepaid expenses and other current assets 9.9 12.0
Total current assets 417.7 360.7
Properties and equipment, net of accumulated depreciation of $133.0 and $125.5, respectively 105.6 91.9
Rental equipment, net of accumulated depreciation of $40.9 and $33.6, respectively 115.4 115.4
Operating lease right-of-use assets 22.4 27.6
Goodwill 392.0 388.8
Intangible assets, net of accumulated amortization of $29.4 and $22.1, respectively 155.4 162.9
Deferred tax assets 7.7 10.0
Deferred charges and other long-term assets 8.2 7.9
Long-term assets of discontinued operations 0.3 0.3
Total assets 1,224.7 1,165.5
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 0.2 0.2
Accounts payable 71.1 65.0
Customer deposits 11.5 11.5
Accrued liabilities:    
Compensation and withholding taxes 27.8 31.1
Current operating lease liabilities 8.1 8.2
Other current liabilities 39.7 44.0
Current liabilities of discontinued operations 0.2 0.2
Total current liabilities 158.6 160.2
Long-term borrowings and finance lease obligations 238.7 220.3
Long-term operating lease liabilities 16.2 21.6
Long-term pension and other postretirement benefit liabilities 44.6 50.9
Deferred tax liabilities 58.1 52.7
Other long-term liabilities 27.8 17.3
Long-term liabilities of discontinued operations 0.9 0.9
Total liabilities 544.9 523.9
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 67.8 and 66.9 shares issued, respectively 67.8 66.9
Capital in excess of par value 237.4 228.6
Retained earnings 583.8 528.2
Treasury stock, at cost, 7.3 and 6.4 shares, respectively (119.3) (93.0)
Accumulated other comprehensive loss (89.9) (89.1)
Total stockholders’ equity 679.8 641.6
Total liabilities and stockholders’ equity $ 1,224.7 $ 1,165.5