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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 53.1 $ 54.8
Accounts receivable, net 249.5 263.3
Inventories, net 422.9 411.1
Other current assets 110.5 95.2
Total current assets 836.0 824.4
Property, plant and equipment, net 182.9 184.9
Operating lease right-of-use assets 40.3 44.7
Goodwill 111.7 110.2
Intangible assets, net 71.9 73.3
Pension assets 85.3 75.1
Other long-term assets 37.0 28.1
Total assets 1,365.1 1,340.7
Current liabilities:    
Trade accounts payable 194.8 204.0
Current portion of long-term debt and short-term debt 8.4 9.4
Current portion of operating lease liabilities 10.7 10.6
Accrued employee compensation 35.7 31.8
Other accrued expenses 111.5 107.8
Total current liabilities 361.1 363.6
Long-term liabilities, less current portion:    
Long-term debt 618.3 633.4
Long-term operating lease liabilities 29.8 34.4
Deferred income taxes 11.7 9.0
Other long-term liabilities 7.1 10.4
Total long-term liabilities 666.9 687.2
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 - 18,292,490 shares in 2024 and 17,029,938 in 2023 18.3 17.0
Additional paid-in capital 190.6 155.9
Retained earnings 265.2 240.1
Treasury stock, at cost, 4,059,619 shares in 2024 and 3,958,966 shares in 2023 (91.5) (88.9)
Accumulated other comprehensive loss (51.8) (43.7)
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity 330.8 280.4
Noncontrolling interests 6.3 9.5
Total equity 337.1 289.9
Total liabilities and shareholders' equity $ 1,365.1 $ 1,340.7