v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 78.4 $ 77.3
Accounts receivable, less allowances of $5.9 and $5.8, respectively 264.8 281.3
Inventories - net 744.1 683.9
Other current assets 45.4 54.1
Total current assets 1,132.7 1,096.6
Property, plant and equipment - net 334.9 343.0
Operating lease right-of-use assets 66.2 68.0
Goodwill 80.3 79.6
Intangible assets - net 123.1 125.1
Other non-current assets 105.7 105.9
Total assets 1,842.9 1,818.2
Current Liabilities:    
Accounts payable and accrued expenses 450.4 401.6
Customer advances 22.0 18.3
Short-term borrowings and current portion of long-term debt 10.8 13.7
Product warranties 35.4 36.2
Other liabilities 21.1 21.8
Total current liabilities 539.7 491.6
Non-Current Liabilities:    
Long-term debt 436.6 447.1
Operating lease liabilities 51.9 53.6
Deferred income taxes 3.1 2.3
Pension obligations 44.2 45.3
Postretirement health and other benefit obligations 3.0 3.1
Long-term deferred revenue 19.1 18.8
Other non-current liabilities 59.4 61.2
Total non-current liabilities 617.3 631.4
Commitments and contingencies (Note 17)
Stockholders' Equity:    
Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding) 0.0 0.0
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 35,909,584 and 35,473,418 shares outstanding, respectively) 0.4 0.4
Additional paid-in capital 610.3 616.7
Accumulated other comprehensive loss (67.4) (65.3)
Retained earnings 200.5 206.5
Treasury stock, at cost (4,884,399 and 5,320,565 shares, respectively) (57.9) (63.1)
Total stockholders' equity 685.9 695.2
Total liabilities and stockholders' equity $ 1,842.9 $ 1,818.2