XML 17 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash, cash equivalents, and restricted cash $ 140.6 $ 141.0
Receivables, less allowances of $5.1 and $4.6, respectively 198.4 199.9
Inventories 158.3 127.7
Prepaid and other current assets 29.0 25.0
Total current assets 526.3 493.6
Property, plant and equipment, less accumulated depreciation of $267.6 and $252.0, respectively 169.7 185.5
Operating lease assets 41.6 44.5
Goodwill 197.7 207.8
Intangible assets, net 104.3 126.2
Other assets 27.5 25.0
Total assets 1,067.1 1,082.6
Current portion of long-term debt [1] 3.7 10.9
Accounts payable 117.4 106.3
Employee compensation and benefits 59.9 53.7
Other current liabilities 95.2 83.4
Total current liabilities 276.2 254.3
Long-term debt 264.7 297.6
Long-term operating lease liabilities 26.3 28.7
Employee-related benefits 16.6 17.9
Deferred income taxes 25.8 39.1
Other liabilities 14.4 38.9
Total long-term liabilities 347.8 422.2
Total liabilities 624.0 676.5
Commitments and contingencies (Note 12)
Common Stock, $0.375 par value; 60,000,000 shares authorized; 18,583,237 and 18,503,805 shares issued and outstanding, respectively 7.0 6.9
Additional paid-in capital 60.8 54.7
Retained earnings 407.4 363.3
Accumulated other comprehensive loss (33.4) (20.1)
Total Tennant Company shareholders' equity 441.8 404.8
Noncontrolling interest 1.3 1.3
Total equity 443.1 406.1
Total liabilities and total equity $ 1,067.1 $ 1,082.6
[1] As of September 30, 2021, the Company is required to repay $3.1 million in outstanding credit facility borrowings and $0.6 million of current maturities of secured borrowings over the next 12 months.