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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 114.7 $ 236.3
Accounts receivable, less allowance for doubtful accounts of $2.0 in 2025 and of $1.0 in 2024 134.1 115.9
Inventories 153.8 138.8
Prepaid expenses and other current assets 35.1 21.3
Total current assets 437.7 512.3
Property, plant and equipment, net 221.5 193.2
Goodwill 1,064.8 896.2
Other intangible assets, net 823.5 790.3
Other assets 115.5 99.5
Total assets 2,663.0 2,491.5
Current liabilities    
Current maturities of long-term debt 0.2 16.0
Accounts payable 71.6 66.0
Accrued expenses 116.9 116.0
Total current liabilities 188.7 198.0
Long-term debt 655.1 624.1
Deferred income taxes 143.4 126.9
Other liabilities 131.9 113.9
Total liabilities 1,119.1 1,062.9
Commitments and contingent liabilities
Shareholders’ equity    
Common stock – $.01 par value; 100,000,000 shares authorized; issued 21,240,597 shares at December 31, 2025 and 21,185,581 shares at December 31, 2024 0.2 0.2
Additional paid-in capital 333.3 319.4
Retained earnings 1,189.7 1,175.6
Accumulated other comprehensive income (loss) 21.9 (65.4)
Common stock held in treasury, at cost – 174,546 shares at December 31, 2025 and 176,684 shares at December 31, 2024 (1.2) (1.2)
Total shareholders’ equity 1,543.9 1,428.6
Total liabilities and equity $ 2,663.0 $ 2,491.5