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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 48.9 $ 61.0
Accounts receivable, net of allowances for doubtful accounts of $2.4 and $2.5, respectively 191.4 186.2
Inventories 322.7 303.4
Prepaid expenses and other current assets 32.3 19.6
Total current assets 595.3 570.2
Properties and equipment, net of accumulated depreciation of $177.9 and $173.3, respectively 193.0 190.8
Rental equipment, net of accumulated depreciation of $49.2 and $47.5, respectively 143.8 134.8
Operating lease right-of-use assets 20.7 21.0
Goodwill 470.2 472.7
Intangible assets, net of accumulated amortization of $74.3 and $70.7, respectively 204.6 207.5
Deferred tax assets 11.7 12.0
Other long-term assets 12.1 11.5
Total assets 1,651.4 1,620.5
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 5.5 4.7
Accounts payable 88.8 66.7
Customer deposits 28.7 27.1
Accrued liabilities:    
Compensation and withholding taxes 23.4 42.3
Current income taxes payable 12.9 3.2
Current operating lease liabilities 6.6 6.8
Other current liabilities 45.1 45.0
Total current liabilities 211.0 195.8
Long-term borrowings and finance lease obligations 266.8 294.3
Long-term operating lease liabilities 14.7 14.9
Long-term pension and other postretirement benefit liabilities 44.9 44.2
Deferred tax liabilities 54.1 53.2
Other long-term liabilities 15.5 16.2
Total liabilities 607.0 618.6
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 70.2 and 70.0 shares issued, respectively 70.2 70.0
Capital in excess of par value 296.8 291.1
Retained earnings 960.1 915.8
Treasury stock, at cost, 9.1 and 9.0 shares, respectively (198.6) (193.7)
Accumulated other comprehensive loss (84.1) (81.3)
Total stockholders’ equity 1,044.4 1,001.9
Total liabilities and stockholders’ equity $ 1,651.4 $ 1,620.5