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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash, cash equivalents, and restricted cash $ 91.3 $ 117.1
Receivables, less allowances of $6.8 and $7.2, respectively 260.2 247.6
Inventories 201.8 175.9
Prepaid and other current assets 40.6 28.5
Total current assets 593.9 569.1
Property, plant and equipment, less accumulated depreciation of $316.4 and $304.0, respectively 183.7 187.7
Operating lease assets 52.1 41.7
Goodwill 198.4 187.4
Intangible assets, net 66.4 63.1
Other assets 121.6 64.4
Total assets 1,216.1 1,113.4
LIABILITIES AND EQUITY    
Current portion of long-term debt 0.6 6.4
Accounts payable 128.0 111.4
Employee compensation and benefits 59.4 67.3
Other current liabilities 85.5 88.6
Total current liabilities 273.5 273.7
Long-term debt 208.6 194.2
Long-term operating lease liabilities 35.2 27.4
Employee benefits 13.8 13.3
Deferred income taxes 7.9 5.0
Other liabilities 28.6 21.5
Total long-term liabilities 294.1 261.4
Total liabilities 567.6 535.1
Commitments and contingencies (Note 12)
Common Stock, $0.375 par value; 60,000,000 shares authorized; 18,872,792 and 18,631,384 shares issued and outstanding, respectively 7.1 7.0
Additional paid-in capital 76.8 64.9
Retained earnings 608.6 547.4
Accumulated other comprehensive loss (45.3) (42.3)
Total Tennant Company shareholders' equity 647.2 577.0
Noncontrolling interest 1.3 1.3
Total equity 648.5 578.3
Total liabilities and total equity $ 1,216.1 $ 1,113.4