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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 133.4 $ 120.2
Accounts receivable, net 218.2 176.5
Inventories, net 347.2 352.9
Income taxes receivable 21.2 30.6
Other current assets 31.7 32.3
Total current assets 751.7 712.5
Property, plant and equipment, net 633.2 672.5
Finance lease right-of-use assets 17.1 18.2
Operating lease right-of-use assets 44.8 45.6
Deferred income tax benefits 9.7 6.4
Goodwill 469.5 474.1
Intangible assets, net 591.7 631.3
Other assets 89.8 81.8
Total assets 2,607.5 2,642.4
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Current debt 2.7 2.8
Finance lease liabilities 1.4 1.4
Operating lease liabilities 9.9 9.9
Accounts payable 168.6 139.3
Income taxes payable 12.6 14.3
Accrued expenses and other current liabilities 109.9 113.7
Total current liabilities 305.1 281.4
Long-term debt 1,133.7 1,101.8
Finance lease liabilities, noncurrent 17.2 18.2
Operating lease liabilities, noncurrent 34.6 35.3
Long-term income tax payable 0.0 7.7
Pension and other postretirement benefits 60.0 62.2
Deferred income tax liabilities 121.0 142.3
Other liabilities 37.9 44.4
Total liabilities 1,709.5 1,693.3
Stockholders’ equity:    
Preferred stock, $0.10 par value; 10,000,000 shares authorized; none issued or outstanding 0.0 0.0
Common stock, $0.10 par value; 100,000,000 shares authorized; $54,324,185 and 54,211,124 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 5.4 5.4
Additional paid-in-capital 669.7 669.6
Retained earnings 194.6 235.0
Accumulated other comprehensive income, net of tax 28.3 39.1
Total stockholders’ equity 898.0 949.1
Total liabilities and stockholders’ equity $ 2,607.5 $ 2,642.4