Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 35.2 $ 43.7
Accounts receivable, net of allowance for credit losses of $2.0 and $1.5 131.2 125.1
Inventories, net 208.7 191.6
Income taxes receivable 10.1 10.2
Other current assets 25.0 17.9
Total current assets 410.2 388.5
Property, plant and equipment, net 220.3 175.7
Deferred income taxes 2.1 1.6
Goodwill 502.7 468.5
Other intangible assets, net 426.4 405.6
Other assets 28.9 23.8
Total assets 1,590.6 1,463.7
Current liabilities:    
Accounts payable 65.0 73.7
Accrued compensation and benefits 19.2 21.1
Other accrued expenses and current liabilities 22.3 32.0
Current portion of long-term non-revolving debt, net 21.8 19.0
Dividends payable 2.9 2.9
Income taxes payable 5.1 3.6
Total current liabilities 136.3 152.3
Revolving line of credit 217.9 261.3
Long-term non-revolving debt, net 304.2 164.2
Deferred income taxes 57.2 61.0
Other noncurrent liabilities 33.0 30.0
Total liabilities 748.6 668.8
Commitments and contingencies 0.0 0.0
Shareholders' equity:    
Preferred stock, par value $0.001, 2.0 shares authorized,no shares issued or outstanding 0.0 0.0
Common stock, par value $0.001, 100.0 shares authorized, 33.0 and 32.6 shares issued and outstanding 0.0 0.0
Capital in excess of par value 431.6 404.3
Retained earnings 475.3 450.0
Accumulated other comprehensive loss (64.9) (59.4)
Total shareholders' equity 842.0 794.9
Total liabilities and shareholders' equity $ 1,590.6 $ 1,463.7