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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 38.1 $ 34.4
Accounts receivable, less allowances of $5.6 and $6.1, respectively 257.3 278.8
Inventories - net 759.4 666.5
Notes receivable - net 4.7 6.7
Other current assets 33.0 46.6
Total current assets 1,092.5 1,033.0
Property, plant and equipment - net 355.5 366.1
Operating lease right-of-use assets 56.1 59.7
Goodwill 78.9 79.6
Intangible assets - net 122.1 125.6
Other non-current assets 42.8 42.7
Total assets 1,747.9 1,706.7
Current Liabilities:    
Accounts payable and accrued expenses 481.8 457.4
Customer advances 17.8 19.2
Short-term borrowings and current portion of long-term debt 21.4 13.4
Product warranties 38.5 47.1
Other liabilities 19.1 26.2
Total current liabilities 578.6 563.3
Non-Current Liabilities:    
Long-term debt 406.3 358.7
Operating lease liabilities 44.0 47.2
Deferred income taxes 7.4 7.5
Pension obligations 51.2 55.8
Postretirement health and other benefit obligations 5.3 5.6
Long-term deferred revenue 19.6 24.1
Other non-current liabilities 43.2 41.2
Total non-current liabilities 577.0 540.1
Commitments and contingencies (Note 17)
Stockholders' Equity:    
Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding) 0.0 0.0
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 35,116,857 and 35,094,993 shares outstanding, respectively) 0.4 0.4
Additional paid-in capital 610.1 613.1
Accumulated other comprehensive loss (100.5) (86.4)
Retained earnings 149.6 143.5
Treasury stock, at cost (5,677,126 and 5,698,990 shares, respectively) (67.3) (67.3)
Total stockholders' equity 592.3 603.3
Total liabilities and stockholders' equity $ 1,747.9 $ 1,706.7