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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 99.4 $ 99.8
Receivables, less allowances of $8.1 and $7.1, respectively 249.3 259.1
Inventories 205.9 183.8
Prepaid and other current assets 43.7 33.9
Total current assets 598.3 576.6
Property, plant and equipment, less accumulated depreciation of $351.2 and $310.9, respectively 192.1 184.4
Operating lease assets 54.7 54.6
Goodwill 208.3 185.6
Intangible assets, net 55.9 58.7
Other assets 147.6 130.2
Total assets 1,256.9 1,190.1
LIABILITIES AND EQUITY    
Current portion of long-term debt 0.4 1.3
Accounts payable 110.6 126.9
Employee compensation and benefits 48.9 53.1
Other current liabilities 121.6 110.9
Total current liabilities 281.5 292.2
Long-term debt 238.3 198.2
Long-term operating lease liabilities 34.3 36.3
Employee benefits 14.9 13.5
Deferred income taxes 1.2 4.9
Other liabilities 44.0 22.9
Total long-term liabilities 332.7 275.8
Total liabilities 614.2 568.0
Commitments and contingencies (Note 12)
Common Stock, $0.375 par value; 60,000,000 shares authorized; 18,259,632 and 18,849,456 shares issued and outstanding, respectively 6.9 7.1
Additional paid-in capital 26.6 76.7
Retained earnings 641.5 609.7
Accumulated other comprehensive loss (34.1) (72.7)
Total Tennant Company shareholders' equity 640.9 620.8
Noncontrolling interest 1.8 1.3
Total equity 642.7 622.1
Total liabilities and total equity $ 1,256.9 $ 1,190.1