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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash, Cash Equivalents, and Restricted Cash $ 141.0 $ 74.6
Receivables:    
Trade, less Allowances of $4.6 and $3.6, respectively 195.4 216.5
Other 4.5 6.8
Net Receivables 199.9 223.3
Inventories 127.7 150.1
Prepaid and Other Current Assets 25.0 33.0
Total Current Assets 493.6 481.0
Property, Plant and Equipment 437.5 412.5
Accumulated Depreciation (252.0) (239.2)
Property, Plant and Equipment, Net 185.5 173.3
Operating Lease Assets 44.5 46.6
Goodwill 207.8 195.1
Intangible Assets, Net 126.2 137.7
Other Assets 25.0 29.2
Total Assets 1,082.6 1,062.9
Current Liabilities:    
Current Portion of Long-Term Debt [1] 10.9 31.3
Accounts Payable 106.3 94.1
Employee Compensation and Benefits 53.7 63.5
Other Current Liabilities 83.4 86.0
Total Current Liabilities 254.3 274.9
Long-Term Liabilities:    
Long-Term Debt 297.6 307.5
Long-Term Operating Lease Liability 28.7 30.3
Employee-Related Benefits 17.9 19.4
Deferred Income Taxes 39.1 41.7
Other Liabilities 38.9 27.8
Total Long-Term Liabilities 422.2 426.7
Total Liabilities 676.5 701.6
Commitments and Contingencies (Note 16)
Equity:    
Common Stock, $0.375 par value per share, 60,000,000 shares authorized; 18,503,805 and 18,336,010 issued and outstanding, respectively 6.9 6.9
Additional Paid-In Capital 54.7 45.5
Retained Earnings 363.3 346.0
Accumulated Other Comprehensive Loss (20.1) (38.5)
Total Tennant Company Shareholders' Equity 404.8 359.9
Noncontrolling Interest 1.3 1.4
Total Equity 406.1 361.3
Total Liabilities and Total Equity $ 1,082.6 $ 1,062.9
[1] Current portion of long-term debt includes $10.0 million of anticipated repayment on Secured Credit Facility Borrowings under our 2017 Credit Agreement, $0.8 million of current maturities of other secured borrowings and $0.1 million of current maturities of finance lease obligations.