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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 183.7 $ 246.1
Trade receivables, less allowance for credit losses of $4.2 and $4.1 million at March 31, 2022 and December 31, 2021, respectively 269.6 224.5
Inventories 308.3 267.8
Income tax receivable 10.2 11.7
Assets held for sale 383.0 377.3
Prepaid expenses and other current assets 40.3 40.4
Total current assets 1,195.1 1,167.8
Property, plant and equipment, net 276.4 275.8
Goodwill 1,556.2 1,564.0
Intangible assets, net 1,036.0 1,057.2
Deferred income taxes 1.2 2.3
Other non-current assets 12.9 13.5
Operating lease right of use assets 47.0 50.0
Total assets 4,124.8 4,130.6
Current liabilities:    
Accounts payable 179.0 173.3
Accrued payroll 58.5 81.8
Accruals and other current liabilities 81.1 77.0
Income tax payable 13.1 6.0
Current portion of long-term debt 13.2 11.1
Liabilities held for sale 53.1 53.0
Operating lease liabilities 14.1 14.3
Total current liabilities 412.1 416.5
Long-term debt, net of current portion 1,390.7 1,401.0
Deferred income taxes 243.2 250.5
Pension liabilities 29.4 29.9
Long-term taxes payable 1.8 2.7
Other long-term liabilities 5.8 7.3
Operating lease liabilities, net of current portion 34.8 37.6
Stockholders’ equity:    
Common stock ($0.001 par value per share, 120,000,000 shares authorized, 65,059,097 and 64,923,539 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively) 0.1 0.1
Additional paid-in capital 1,718.2 1,718.4
Retained earnings 317.2 277.6
Accumulated other comprehensive loss (28.5) (11.0)
Total stockholders’ equity 2,007.0 1,985.1
Total liabilities and stockholders’ equity $ 4,124.8 $ 4,130.6