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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 77.3 $ 48.0
Accounts receivable, less allowances of $5.8 and $5.9, respectively 281.3 260.3
Inventories - net 683.9 609.4
Other current assets 54.1 41.2
Total current assets 1,096.6 958.9
Property, plant and equipment - net 343.0 346.2
Operating lease right-of-use assets 68.0 59.3
Goodwill 79.6 77.8
Intangible assets - net 125.1 118.5
Other non-current assets 105.9 99.3
Total assets 1,818.2 1,660.0
Current Liabilities:    
Accounts payable and accrued expenses 401.6 389.4
Customer advances 18.3 18.0
Short-term borrowings and current portion of long-term debt 13.7 13.1
Product warranties 36.2 37.0
Other liabilities 21.8 16.8
Total current liabilities 491.6 474.3
Non-Current Liabilities:    
Long-term debt 447.1 377.1
Operating lease liabilities 53.6 47.0
Deferred income taxes 2.3 2.1
Pension obligations 45.3 47.1
Postretirement health and other benefit obligations 3.1 4.7
Long-term deferred revenue 18.8 17.5
Other non-current liabilities 61.2 50.1
Total non-current liabilities 631.4 545.6
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,35,473,418 and 35,134,245 shares outstanding, respectively) 0.4 0.4
Additional paid-in capital 616.7 615.1
Accumulated other comprehensive loss (65.3) (107.6)
Retained earnings 206.5 199.3
Treasury stock, at cost (5,320,565 and 5,659,738 shares, respectively) (63.1) (67.1)
Total stockholders' equity 695.2 640.1
Total liabilities and stockholders' equity $ 1,818.2 $ 1,660.0