Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 37.5 $ 43.7
Accounts receivable, net of allowance for credit losses of $2.0 and $1.5 140.1 125.1
Inventories, net 205.7 191.6
Income taxes receivable 7.3 10.2
Other current assets 22.4 17.9
Total current assets 413.0 388.5
Property, plant and equipment, net 217.9 175.7
Deferred income taxes 2.1 1.6
Goodwill 510.0 468.5
Other intangible assets, net 441.8 405.6
Other assets 25.9 23.8
Total assets 1,610.7 1,463.7
Current liabilities:    
Accounts payable 71.6 73.7
Accrued compensation and benefits 21.8 21.1
Other accrued expenses and current liabilities 22.7 32.0
Current portion of long-term non-revolving debt, net 20.5 19.0
Dividends payable 3.0 2.9
Income taxes payable 6.4 3.6
Total current liabilities 146.0 152.3
Revolving line of credit 218.9 261.3
Long-term non-revolving debt, net 309.7 164.2
Deferred income taxes 62.0 61.0
Other noncurrent liabilities 26.6 30.0
Total liabilities 763.2 668.8
Commitments and contingencies 0.0 0.0
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, 33.0 and 32.6 shares issued and outstanding 0.0 0.0
Capital in excess of par value 428.4 404.3
Retained earnings 474.7 450.0
Accumulated other comprehensive loss (55.6) (59.4)
Total shareholders' equity 847.5 794.9
Total liabilities and shareholders' equity $ 1,610.7 $ 1,463.7