XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 192.9 $ 246.1
Trade receivables, less allowance for credit losses of $4.2 and $4.1 million at June 30, 2022 and December 31, 2021, respectively 271.6 224.5
Inventories 316.1 267.8
Income tax receivable 23.5 11.7
Assets held for sale   377.3
Prepaid expenses and other current assets 36.8 40.4
Total current assets 840.9 1,167.8
Property, plant and equipment, net 271.8 275.8
Goodwill 1,520.9 1,564.0
Intangible assets, net 998.0 1,057.2
Deferred income taxes 1.2 2.3
Other non-current assets 17.0 13.5
Operating lease right of use assets 44.4 50.0
Total assets 3,694.2 4,130.6
Current liabilities:    
Accounts payable 183.9 173.3
Accrued payroll 63.3 81.8
Accruals and other current liabilities 82.0 77.0
Income tax payable 3.7 6.0
Current portion of long-term debt 15.6 11.1
Liabilities held for sale   53.0
Operating lease liabilities 13.5 14.3
Total current liabilities 362.0 416.5
Long-term debt, net of current portion 1,070.1 1,401.0
Deferred income taxes 249.5 250.5
Pension liabilities 27.8 29.9
Long-term taxes payable 1.8 2.7
Other long-term liabilities 6.0 7.3
Operating lease liabilities, net of current portion 32.7 37.6
Stockholders’ equity:    
Common stock ($0.001 par value per share, 120,000,000 shares authorized, 65,066,459 and 64,923,539 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively) 0.1 0.1
Additional paid-in capital 1,722.5 1,718.4
Retained earnings 337.5 277.6
Accumulated other comprehensive loss (115.8) (11.0)
Total stockholders’ equity 1,944.3 1,985.1
Total liabilities and stockholders’ equity $ 3,694.2 $ 4,130.6