XML 17 R5.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 80.1 $ 99.8
Receivables, less allowances of $10.1 and $7.1, respectively 265.3 259.1
Inventories 195.4 183.8
Prepaid and other current assets 33.8 33.9
Total current assets 574.6 576.6
Property, plant and equipment, less accumulated depreciation of $342.7 and $310.9, respectively 192.5 184.4
Operating lease assets 53.9 54.6
Goodwill 207.2 185.6
Intangible assets, net 58.2 58.7
Other assets 155.1 130.2
Total assets 1,241.5 1,190.1
LIABILITIES AND EQUITY    
Current portion of long-term debt 0.4 1.3
Accounts payable 122.3 126.9
Employee compensation and benefits 41.3 53.1
Other current liabilities 110.8 110.9
Total current liabilities 274.8 292.2
Long-term debt 213.4 198.2
Long-term operating lease liabilities 34.1 36.3
Employee benefits 14.8 13.5
Deferred income taxes 5.3 4.9
Other liabilities 45.4 22.9
Total long-term liabilities 313.0 275.8
Total liabilities 587.8 568.0
Commitments and contingencies (Note 12)
Common Stock, $0.375 par value; 60,000,000 shares authorized; 18,532,326 and 18,849,456 shares issued and outstanding, respectively 7.0 7.1
Additional paid-in capital 46.5 76.7
Retained earnings 632.0 609.7
Accumulated other comprehensive loss (33.6) (72.7)
Total Tennant Company shareholders' equity 651.9 620.8
Noncontrolling interest 1.8 1.3
Total equity 653.7 622.1
Total liabilities and total equity $ 1,241.5 $ 1,190.1