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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash, cash equivalents, and restricted cash $ 59.2 $ 123.6
Receivables, less allowances of $5.2 and $5.3, respectively 219.3 211.4
Inventories 199.6 160.6
Prepaid and other current assets 43.9 31.2
Total current assets 522.0 526.8
Property, plant and equipment, less accumulated depreciation of $261.1 and $258.4, respectively 166.1 172.8
Operating lease assets 31.4 41.3
Goodwill 168.6 193.1
Intangible assets, net 74.0 98.0
Other assets 43.0 29.7
Total assets 1,005.1 1,061.7
LIABILITIES AND EQUITY    
Current portion of long-term debt 5.3 4.2
Accounts payable 110.0 121.5
Employee compensation and benefits 47.2 60.6
Other current liabilities 81.7 104.0
Total current liabilities 244.2 290.3
Long-term debt 276.3 263.4
Long-term operating lease liabilities 17.3 25.4
Employee benefits 15.9 16.3
Deferred income taxes 15.9 20.6
Other liabilities 9.0 10.6
Total long-term liabilities 334.4 336.3
Total liabilities 578.6 626.6
Commitments and contingencies (Note 12)
Common Stock, $0.375 par value; 60,000,000 shares authorized; 18,596,389 and 18,535,116 shares issued and outstanding, respectively 7.0 7.0
Additional paid-in capital 57.3 54.1
Retained earnings 439.1 410.6
Accumulated other comprehensive loss (78.2) (37.9)
Total Tennant Company shareholders' equity 425.2 433.8
Noncontrolling interest 1.3 1.3
Total equity 426.5 435.1
Total liabilities and total equity $ 1,005.1 $ 1,061.7