XML 65 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 31.2 $ 40.5
Accounts receivable, net of allowances for doubtful accounts of $2.4 and $2.1, respectively 169.9 136.0
Inventories 259.6 229.1
Prepaid expenses and other current assets 19.2 25.4
Total current assets 479.9 431.0
Properties and equipment, net of accumulated depreciation of $159.1 and $151.6, respectively 172.2 141.9
Rental equipment, net of accumulated depreciation of $43.8 and $43.8, respectively 111.6 108.4
Operating lease right-of-use assets 26.7 29.8
Goodwill 430.7 432.2
Intangible assets, net of accumulated amortization of $49.1 and $42.7, respectively 203.4 205.7
Deferred tax assets 7.7 8.4
Other long-term assets 11.6 8.7
Total assets 1,443.8 1,366.1
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 0.7 0.6
Accounts payable 77.9 64.8
Customer deposits 23.6 21.9
Accrued liabilities:    
Compensation and withholding taxes 28.9 29.9
Current operating lease liabilities 6.7 8.8
Other current liabilities 41.9 44.4
Total current liabilities 179.7 170.4
Long-term borrowings and finance lease obligations 326.1 282.2
Long-term operating lease liabilities 20.7 22.1
Long-term pension and other postretirement benefit liabilities 36.6 40.4
Deferred tax liabilities 57.7 53.2
Other long-term liabilities 13.9 13.8
Total liabilities 634.7 582.1
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 69.2 and 68.9 shares issued, respectively 69.2 68.9
Capital in excess of par value 262.4 256.7
Retained earnings 726.7 683.6
Treasury stock, at cost, 8.6 and 8.0 shares, respectively (170.2) (151.0)
Accumulated other comprehensive loss (79.0) (74.2)
Total stockholders’ equity 809.1 784.0
Total liabilities and stockholders’ equity $ 1,443.8 $ 1,366.1