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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 39.2 $ 40.5
Accounts receivable, net of allowances for doubtful accounts of $2.6 and $2.1, respectively 156.4 136.0
Inventories 249.7 229.1
Prepaid expenses and other current assets 18.9 25.4
Total current assets 464.2 431.0
Properties and equipment, net of accumulated depreciation of $155.6 and $151.6, respectively 170.4 141.9
Rental equipment, net of accumulated depreciation of $45.3 and $43.8, respectively 111.0 108.4
Operating lease right-of-use assets 25.3 29.8
Goodwill 431.3 432.2
Intangible assets, net of accumulated amortization of $45.9 and $42.7, respectively 203.6 205.7
Deferred tax assets 8.1 8.4
Other long-term assets 11.2 8.7
Total assets 1,425.1 1,366.1
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 0.5 0.6
Accounts payable 80.7 64.8
Customer deposits 28.5 21.9
Accrued liabilities:    
Compensation and withholding taxes 24.2 29.9
Current operating lease liabilities 6.3 8.8
Other current liabilities 41.3 44.4
Total current liabilities 181.5 170.4
Long-term borrowings and finance lease obligations 329.2 282.2
Long-term operating lease liabilities 19.7 22.1
Long-term pension and other postretirement benefit liabilities 38.9 40.4
Deferred tax liabilities 54.5 53.2
Other long-term liabilities 13.5 13.8
Total liabilities 637.3 582.1
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 69.1 and 68.9 shares issued, respectively 69.1 68.9
Capital in excess of par value 259.3 256.7
Retained earnings 698.6 683.6
Treasury stock, at cost, 8.5 and 8.0 shares, respectively (166.5) (151.0)
Accumulated other comprehensive loss (72.7) (74.2)
Total stockholders’ equity 787.8 784.0
Total liabilities and stockholders’ equity $ 1,425.1 $ 1,366.1