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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 32.9 $ 48.0
Accounts receivable, less allowances of $5.9 and $5.9, respectively 289.6 260.3
Inventories - net 782.5 609.4
Other current assets 57.7 41.2
Total current assets 1,162.7 958.9
Property, plant and equipment - net 353.1 346.2
Operating lease right-of-use assets 67.2 59.3
Goodwill 79.0 77.8
Intangible assets - net 127.1 118.5
Other non-current assets 94.7 99.3
Total assets 1,883.8 1,660.0
Current Liabilities:    
Accounts payable and accrued expenses 469.2 389.4
Customer advances 22.9 18.0
Short-term borrowings and current portion of long-term debt 10.7 13.1
Product warranties 38.5 37.0
Other liabilities 19.1 16.8
Total current liabilities 560.4 474.3
Non-Current Liabilities:    
Long-term debt 459.8 377.1
Operating lease liabilities 54.1 47.0
Deferred income taxes 2.3 2.1
Pension obligations 50.2 47.1
Postretirement health and other benefit obligations 4.4 4.7
Long-term deferred revenue 15.7 17.5
Other non-current liabilities 55.6 50.1
Total non-current liabilities 642.1 545.6
Commitments and contingencies (Note 18)
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, 35,459,107 and 35,134,245 shares outstanding, respectively) 0.4 0.4
Additional paid-in capital 613.6 615.1
Accumulated other comprehensive loss (64.0) (107.6)
Retained earnings 194.5 199.3
Treasury stock, at cost (5,334,876 and 5,659,738 shares, respectively) (63.2) (67.1)
Total stockholders' equity 681.3 640.1
Total liabilities and stockholders' equity $ 1,883.8 $ 1,660.0