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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 55.0 $ 56.0
Accounts receivable, net 248.1 261.3
Inventories, net 310.9 327.2
Unbilled contract revenue 56.9 61.7
Other current assets 35.5 19.5
Total current assets 706.4 725.7
Property, plant and equipment, net 236.6 237.6
Operating lease right-of-use assets 68.6 64.3
Goodwill 110.9 108.4
Intangible assets, net 86.8 90.6
Pension assets 74.8 65.0
Other long-term assets 16.4 18.8
Total assets 1,300.5 1,310.4
Current liabilities:    
Trade accounts payable 166.7 175.0
Current portion of long-term debt and short-term debt 11.6 16.8
Current portion of operating lease liabilities 12.9 11.9
Accrued employee compensation 28.1 25.7
Deferred revenue 37.4 35.7
Other accrued expenses 50.4 39.9
Total current liabilities 307.1 305.0
Long-term liabilities, less current portion:    
Long-term debt 517.8 545.2
Long-term operating lease liabilities 56.7 53.6
Deferred income taxes 36.8 28.5
Other long-term liabilities 24.2 28.5
Total long-term liabilities 635.5 655.8
Capital stock, par value $1 a share    
Serial preferred stock: Authorized -- 632,470 shares: Issued and outstanding -- none 0.0 0.0
Common stock: Authorized - 40,000,000 shares; Issued - 16,148,791 shares in 2020 and 15,706,398 in 2019 16.1 15.7
Additional paid-in capital 135.5 129.8
Retained earnings 290.5 298.2
Treasury stock, at cost, 3,560,010 shares in 2020 and 3,040,623 shares in 2019 (79.8) (71.1)
Accumulated other comprehensive loss (18.1) (37.0)
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity 344.2 335.6
Noncontrolling interests 13.7 14.0
Total equity 357.9 349.6
Total liabilities and shareholders' equity $ 1,300.5 $ 1,310.4