v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 64.7 $ 91.1
Accounts receivable, net of allowances for doubtful accounts of $3.1 and $2.6, respectively 238.3 196.4
Inventories 356.5 331.0
Prepaid expenses and other current assets 24.6 24.0
Total current assets 684.1 642.5
Properties and equipment, net of accumulated depreciation of $200.4 and $187.4, respectively 236.8 218.9
Rental equipment, net of accumulated depreciation of $62.4 and $53.3, respectively 201.0 173.2
Operating lease right-of-use assets 26.4 27.8
Goodwill 517.6 477.7
Intangible assets, net of accumulated amortization of $94.6 and $85.6, respectively 222.5 199.7
Deferred tax assets 10.7 9.4
Other long-term assets 16.9 16.0
Total assets 1,916.0 1,765.2
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 10.7 19.4
Accounts payable 102.8 79.0
Customer deposits 39.7 35.0
Accrued liabilities:    
Compensation and withholding taxes 39.0 45.6
Current operating lease liabilities 6.9 6.8
Other current liabilities 63.9 56.0
Total current liabilities 263.0 241.8
Long-term borrowings and finance lease obligations 258.3 204.4
Long-term operating lease liabilities 20.3 21.8
Long-term pension and other postretirement benefit liabilities 41.7 41.7
Deferred tax liabilities 58.5 58.0
Other long-term liabilities 12.0 11.4
Total liabilities 653.8 579.1
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 70.7 and 70.3 shares issued, respectively 70.7 70.3
Capital in excess of par value 319.8 309.8
Retained earnings 1,203.4 1,102.8
Treasury stock, at cost, 9.9 and 9.2 shares, respectively (260.2) (207.8)
Accumulated other comprehensive loss (71.5) (89.0)
Total stockholders’ equity 1,262.2 1,186.1
Total liabilities and stockholders’ equity $ 1,916.0 $ 1,765.2