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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash, cash equivalents, and restricted cash $ 84.6 $ 117.1
Receivables, less allowances of $6.7 and $7.2, respectively 268.8 247.6
Inventories 189.7 175.9
Prepaid and other current assets 34.7 28.5
Total current assets 577.8 569.1
Property, plant and equipment, less accumulated depreciation of $303.1 and $304.0, respectively 179.4 187.7
Operating lease assets 44.2 41.7
Goodwill 191.0 187.4
Intangible assets, net 67.5 63.1
Other assets 107.6 64.4
Total assets 1,167.5 1,113.4
LIABILITIES AND EQUITY    
Current portion of long-term debt 7.8 6.4
Accounts payable 128.7 111.4
Employee compensation and benefits 51.7 67.3
Other current liabilities 78.0 88.6
Total current liabilities 266.2 273.7
Long-term debt 205.6 194.2
Long-term operating lease liabilities 29.7 27.4
Employee benefits 13.4 13.3
Deferred income taxes 7.9 5.0
Other liabilities 18.8 21.5
Total long-term liabilities 275.4 261.4
Total liabilities 541.6 535.1
Commitments and contingencies (Note 12)
Common Stock, $0.375 par value; 60,000,000 shares authorized; 18,950,661 and 18,631,384 shares issued and outstanding, respectively 7.1 7.0
Additional paid-in capital 80.7 64.9
Retained earnings 593.1 547.4
Accumulated other comprehensive loss (56.3) (42.3)
Total Tennant Company shareholders' equity 624.6 577.0
Noncontrolling interest 1.3 1.3
Total equity 625.9 578.3
Total liabilities and total equity $ 1,167.5 $ 1,113.4