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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 40.5 $ 81.7
Accounts receivable, net of allowances for doubtful accounts of $2.1 and $2.9, respectively 136.0 127.0
Inventories 229.1 185.0
Prepaid expenses and other current assets 25.4 11.8
Total current assets 431.0 405.5
Properties and equipment, net 141.9 106.9
Rental equipment, net 108.4 113.3
Operating lease right-of-use assets 29.8 21.9
Goodwill 432.2 394.2
Intangible assets, net 205.7 153.5
Deferred tax assets 8.4 9.5
Deferred charges and other long-term assets 8.7 3.8
Long-term assets of discontinued operations 0.0 0.2
Total assets 1,366.1 1,208.8
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 0.6 0.2
Accounts payable 64.8 51.6
Customer deposits 21.9 13.3
Accrued liabilities:    
Compensation and withholding taxes 29.9 30.3
Current operating lease liabilities 8.8 8.2
Other current liabilities 44.4 44.7
Current liabilities of discontinued operations 0.0 0.1
Total current liabilities 170.4 148.4
Long-term borrowings and finance lease obligations 282.2 209.8
Long-term operating lease liabilities 22.1 15.5
Long-term pension and other post-retirement benefit liabilities 40.4 54.0
Deferred tax liabilities 53.2 53.7
Other long-term liabilities 13.8 24.5
Long-term liabilities of discontinued operations 0.0 0.8
Total liabilities 582.1 506.7
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 68.9 and 67.8 shares issued, respectively 68.9 67.8
Capital in excess of par value 256.7 240.8
Retained earnings 683.6 605.0
Treasury stock, at cost, 8.0 and 7.3 shares, respectively (151.0) (119.8)
Accumulated other comprehensive loss (74.2) (91.7)
Total stockholders’ equity 784.0 702.1
Total liabilities and stockholders’ equity $ 1,366.1 $ 1,208.8