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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash $ 63.2 $ 63.2
Investments 5.2 5.7
Trade receivables, contract assets and other receivables, net of allowance for credit losses of $5.5 and $4.0, respectively 218.2 152.7
Inventories 455.3 455.6
Prepaid and refundable income taxes 12.5 14.6
Prepaid expenses and other assets 24.4 27.7
Total current assets 778.8 719.5
Property and equipment, net of accumulated depreciation of $255.2 and $248.1, respectively 186.9 187.6
Investments 17.2 13.8
Goodwill 25.6 46.3
Intangible assets, net of accumulated amortization of $53.5 and $51.3, respectively 13.7 16.4
Deferred income tax assets 43.3 37.5
Other long-term assets 41.5 38.2
Total assets 1,107.0 1,059.3
Current liabilities:    
Current maturities of long-term debt 0.0 0.1
Short-term debt 13.2 11.0
Accounts payable 102.6 116.9
Customer deposits 89.1 70.2
Accrued product warranty 15.4 16.5
Accrued employee related liabilities 31.9 44.1
Accrued loss reserves 2.0 2.7
Other current liabilities 57.0 37.5
Total current liabilities 311.2 299.0
Long-term debt 125.0 72.0
Deferred income tax liabilities 1.6 1.1
Other long-term liabilities 35.9 33.5
Total liabilities 473.7 405.6
Commitments and contingencies (Note 8)
Shareholders' equity:    
Preferred stock – authorized 2,000,000 shares of $1.00 par value; none issued 0.0 0.0
Common stock – authorized 40,000,000 shares of $0.20 par value; issued and outstanding – 22,800,581 as of June 30, 2024 and 22,740,635 as of December 31, 2023 4.6 4.5
Additional paid-in capital 140.3 138.4
Accumulated other comprehensive loss (43.7) (38.1)
Company stock held by deferred compensation programs, at cost (0.7) (0.8)
Retained earnings 532.8 549.4
Shareholders' equity 633.3 653.4
Noncontrolling interest 0.0 0.3
Total equity 633.3 653.7
Total liabilities and equity $ 1,107.0 $ 1,059.3