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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 73.6 $ 31.6
Accounts receivable, net of allowances for doubtful accounts of $2.6 and $2.4, respectively 125.3 134.2
Inventories 197.5 182.9
Prepaid expenses and other current assets 10.4 12.0
Total current assets 406.8 360.7
Properties and equipment, net of accumulated depreciation of $129.7 and $125.5, respectively 101.4 91.9
Rental equipment, net of accumulated depreciation of $37.8 and $33.6, respectively 113.4 115.4
Operating lease right-of-use assets 24.8 27.6
Goodwill 390.6 388.8
Intangible assets, net of accumulated amortization of $26.9 and $22.1, respectively 157.6 162.9
Deferred tax assets 8.7 10.0
Deferred charges and other long-term assets 7.6 7.9
Long-term assets of discontinued operations 0.3 0.3
Total assets 1,211.2 1,165.5
Current liabilities:    
Current portion of long-term borrowings and finance lease obligations 0.2 0.2
Accounts payable 73.1 65.0
Customer deposits 11.7 11.5
Accrued liabilities:    
Compensation and withholding taxes 23.1 31.1
Other current liabilities 52.4 52.2
Current liabilities of discontinued operations 0.2 0.2
Total current liabilities 160.7 160.2
Long-term borrowings and finance lease obligations 244.4 220.3
Long-term operating lease liabilities 18.3 21.6
Long-term pension and other postretirement benefit liabilities 49.6 50.9
Deferred tax liabilities 56.9 52.7
Other long-term liabilities 25.0 17.3
Long-term liabilities of discontinued operations 0.9 0.9
Total liabilities 555.8 523.9
Stockholders’ equity:    
Common stock, $1 par value per share, 90.0 shares authorized, 67.5 and 66.9 shares issued, respectively 67.5 66.9
Capital in excess of par value 234.7 228.6
Retained earnings 563.3 528.2
Treasury stock, at cost, 7.1 and 6.4 shares, respectively (115.4) (93.0)
Accumulated other comprehensive loss (94.7) (89.1)
Total stockholders’ equity 655.4 641.6
Total liabilities and stockholders’ equity $ 1,211.2 $ 1,165.5