XML 38 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 54.8 $ 81.7
Accounts receivable, net of allowances for doubtful accounts of $2.7 and $2.9, respectively 136.3 127.0
Inventories 204.6 185.0
Prepaid expenses and other current assets 9.2 11.8
Total current assets 404.9 405.5
Properties and equipment, net of accumulated depreciation of $140.8 and $136.2, respectively 112.5 106.9
Rental equipment, net of accumulated depreciation of $44.0 and $43.5, respectively 116.2 113.3
Operating lease right-of-use assets 33.8 21.9
Goodwill 406.7 394.2
Intangible assets, net of accumulated amortization of $34.4 and $31.9, respectively 178.7 153.5
Deferred tax assets 8.9 9.5
Deferred charges and other long-term assets 4.2 3.8
Long-term assets of discontinued operations 0.2 0.2
Total assets 1,266.1 1,208.8
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 0.6 0.2
Accounts payable 71.2 51.6
Customer deposits 15.3 13.3
Accrued liabilities:    
Compensation and withholding taxes 23.6 30.3
Current operating lease liabilities 9.9 8.2
Other current liabilities 46.0 44.7
Current liabilities of discontinued operations 0.1 0.1
Total current liabilities 166.7 148.4
Long-term borrowings and finance lease obligations 222.0 209.8
Long-term operating lease liabilities 25.8 15.5
Long-term pension and other postretirement benefit liabilities 52.9 54.0
Deferred tax liabilities 54.4 53.7
Other long-term liabilities 23.9 24.5
Long-term liabilities of discontinued operations 0.8 0.8
Total liabilities 546.5 506.7
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 68.4 and 67.8 shares issued, respectively 68.4 67.8
Capital in excess of par value 245.2 240.8
Retained earnings 621.7 605.0
Treasury stock, at cost, 7.4 and 7.3 shares, respectively (124.3) (119.8)
Accumulated other comprehensive loss (91.4) (91.7)
Total stockholders’ equity 719.6 702.1
Total liabilities and stockholders’ equity $ 1,266.1 $ 1,208.8