Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 36.3 $ 43.7
Accounts receivable, net of allowance for credit losses of $1.6 and $1.5 139.5 125.1
Inventories, net 202.4 191.6
Income taxes receivable 8.7 10.2
Other current assets 21.7 17.9
Total current assets 408.6 388.5
Property, plant and equipment, net 202.6 175.7
Deferred income taxes 1.8 1.6
Goodwill 483.5 468.5
Other intangible assets, net 438.7 405.6
Other assets 21.6 23.8
Total assets 1,556.8 1,463.7
Current liabilities:    
Accounts payable 71.7 73.7
Accrued compensation and benefits 19.5 21.1
Other accrued expenses and current liabilities 30.7 32.0
Current portion of long-term non-revolving debt, net 20.2 19.0
Dividends payable 3.0 2.9
Income taxes payable 7.9 3.6
Total current liabilities 153.0 152.3
Revolving line of credit 345.6 261.3
Long-term non-revolving debt, net 158.9 164.2
Deferred income taxes 61.0 61.0
Other noncurrent liabilities 29.7 30.0
Total liabilities 748.2 668.8
Commitments and contingencies
Shareholders' equity:    
Preferred stock, par value $0.001, 2.0 shares authorized,no shares issued or outstanding 0.0 0.0
Common stock, par value $0.001, 100.0 shares authorized, 32.6 and 32.6 shares issued and outstanding 0.0 0.0
Capital in excess of par value 406.4 404.3
Retained earnings 460.9 450.0
Accumulated other comprehensive loss (58.7) (59.4)
Total shareholders' equity 808.6 794.9
Total liabilities and shareholders' equity $ 1,556.8 $ 1,463.7