XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 198.2 $ 246.1
Trade receivables, less allowance for credit losses of $4.2 and $4.1 million at September 30, 2022 and December 31, 2021, respectively 245.7 224.5
Inventories 323.6 267.8
Income tax receivable 33.8 11.7
Assets held for sale   377.3
Prepaid expenses and other current assets 39.6 40.4
Total current assets 840.9 1,167.8
Property, plant and equipment, net 263.8 275.8
Goodwill 1,491.3 1,564.0
Intangible assets, net 963.2 1,057.2
Deferred income taxes 1.1 2.3
Other non-current assets 17.3 13.5
Operating lease right of use assets 40.3 50.0
Total assets 3,617.9 4,130.6
Current liabilities:    
Accounts payable 174.6 173.3
Accrued payroll 68.6 81.8
Accruals and other current liabilities 87.7 77.0
Income tax payable 5.4 6.0
Current portion of long-term debt 18.0 11.1
Liabilities held for sale   53.0
Operating lease liabilities 12.7 14.3
Total current liabilities 367.0 416.5
Long-term debt, net of current portion 1,038.2 1,401.0
Deferred income taxes 244.0 250.5
Pension liabilities 26.0 29.9
Long-term taxes payable 1.7 2.7
Other long-term liabilities 6.2 7.3
Operating lease liabilities, net of current portion 29.3 37.6
Stockholders’ equity:    
Common stock ($0.001 par value per share, 120,000,000 shares authorized,65,169,164 and 64,923,539 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively) 0.1 0.1
Additional paid-in capital 1,724.4 1,718.4
Retained earnings 365.3 277.6
Accumulated other comprehensive loss (184.3) (11.0)
Total stockholders’ equity 1,905.5 1,985.1
Total liabilities and stockholders’ equity $ 3,617.9 $ 4,130.6