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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 73.7 $ 61.0
Accounts receivable, net of allowances for doubtful accounts of $2.6 and $2.5, respectively 220.3 186.2
Inventories 337.0 303.4
Prepaid expenses and other current assets 18.2 19.6
Total current assets 649.2 570.2
Properties and equipment, net of accumulated depreciation of $186.5 and $173.3, respectively 205.6 190.8
Rental equipment, net of accumulated depreciation of $52.6 and $47.5, respectively 159.8 134.8
Operating lease right-of-use assets 27.0 21.0
Goodwill 471.6 472.7
Intangible assets, net of accumulated amortization of $82.0 and $70.7, respectively 197.1 207.5
Deferred tax assets 11.7 12.0
Other long-term assets 11.6 11.5
Total assets 1,733.6 1,620.5
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 8.1 4.7
Accounts payable 88.9 66.7
Customer deposits 22.0 27.1
Accrued liabilities:    
Compensation and withholding taxes 41.0 42.3
Current operating lease liabilities 7.1 6.8
Other current liabilities 62.3 48.2
Total current liabilities 229.4 195.8
Long-term borrowings and finance lease obligations 223.3 294.3
Long-term operating lease liabilities 20.7 14.9
Long-term pension and other postretirement benefit liabilities 41.0 44.2
Deferred tax liabilities 56.5 53.2
Other long-term liabilities 13.3 16.2
Total liabilities 584.2 618.6
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 70.3 and 70.0 shares issued, respectively 70.3 70.0
Capital in excess of par value 306.0 291.1
Retained earnings 1,060.1 915.8
Treasury stock, at cost, 9.2 and 9.0 shares, respectively (205.5) (193.7)
Accumulated other comprehensive loss (81.5) (81.3)
Total stockholders’ equity 1,149.4 1,001.9
Total liabilities and stockholders’ equity $ 1,733.6 $ 1,620.5