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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 130.6 $ 8.5
Customer receivables, net of allowance for doubtful accounts of $4.8 and $4.0, respectively 114.2 107.4
Inventories 203.9 195.9
Prepaid expenses 19.3 17.2
Other current assets 11.4 11.6
Assets held for sale 11.1 0.0
Total current assets 490.5 340.6
Property, plant, and equipment, net 224.9 239.0
Goodwill 328.0 332.1
Intangible assets, net 343.4 348.2
Right-of-use lease assets 107.1 94.4
Other non-current assets 2.4 3.6
Total assets 1,496.3 1,357.9
Current liabilities:    
Current maturities of long-term debt 17.0 17.1
Accounts payable 122.3 131.9
Current portion of lease liability 24.9 20.7
Other current liabilities 110.6 120.3
Total current liabilities 274.8 290.0
Long-term debt, net 589.3 428.9
Deferred income taxes 77.1 87.5
Pension liability 33.5 22.0
Lease liability 98.7 87.0
Other non-current liabilities 19.2 14.9
Total liabilities 1,092.6 930.3
Commitments and contingent liabilities (Note 9)
Shareholders’ equity: (shares in thousands)    
Common stock,$0.01 par value; 200,000 shares authorized; 67,336 and 66,296 shares issued, respectively, 50,649 and 49,775 shares outstanding, respectively, net, at all periods, of treasury shares and inclusive of non-voting restricted shares 0.5 0.5
Additional paid-in capital 64.4 66.8
Retained earnings 432.1 429.7
Accumulated other comprehensive loss (93.3) (69.4)
Total shareholders’ equity 403.7 427.6
Total liabilities and shareholders’ equity $ 1,496.3 $ 1,357.9