XML 22 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 246.1 $ 254.4
Trade receivables, less allowance for credit losses of $4.1 and $4.9 million at December 31, 2021 and 2020, respectively 224.5 240.8
Inventories 267.8 210.4
Income tax receivable 11.7 6.9
Assets held for sale 377.3  
Prepaid expenses and other current assets 40.4 35.7
Total current assets 1,167.8 748.2
Property, plant and equipment, net 275.8 344.2
Intangible assets, net 1,057.2 1,459.6
Goodwill 1,564.0 1,596.0
Deferred income taxes 2.3 4.9
Other non-current assets 13.5 14.2
Operating lease right of use assets 50.0 41.0
Total assets 4,130.6 4,208.1
Current liabilities:    
Accounts payable 173.3 163.6
Accrued payroll 81.8 76.2
Accruals and other current liabilities 77.0 73.0
Income tax payable 6.0 17.9
Current portion of long-term debt 11.1 16.6
Liabilities held for sale 53.0  
Operating lease liabilities 14.3 13.3
Total current liabilities 416.5 360.6
Long-term debt, net of current portion 1,401.0 1,408.1
Deferred income taxes 250.5 359.6
Pension liabilities 29.9 35.4
Long-term taxes payable 2.7 3.6
Other long-term liabilities 7.3 14.3
Operating lease liabilities, net of current portion 37.6 29.8
Stockholders’ equity:    
Common stock ($0.001 par value, 120,000,000 shares authorized, 64,923,539 and 64,676,567 shares issued and outstanding at December 31, 2021 and 2020, respectively) 0.1 0.1
Additional paid-in capital 1,718.4 1,706.0
Retained earnings 277.6 269.5
Accumulated other comprehensive income/(loss) (11.0) 21.1
Total stockholders’ equity 1,985.1 1,996.7
Total liabilities and stockholders’ equity $ 4,130.6 $ 4,208.1