TENNANT CO
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
TNC$74.48+4.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except shares and per share data)
| December 31 | 2023 | 2022 |
|---|---|---|
| ASSETS | ||
| Cash, cash equivalents, and restricted cash | $117.1 | $77.4 |
| Receivables, less allowances of $7.2 and $6.1, respectively | 247.6 | 251.5 |
| Inventories | 175.9 | 206.6 |
| Prepaid and other current assets | 28.5 | 39.8 |
| Total current assets | 569.1 | 575.3 |
| Property, plant and equipment, less accumulated depreciation of $304.0 and $279.3, respectively | 187.7 | 179.9 |
| Operating lease assets | 41.7 | 31.8 |
| Goodwill | 187.4 | 182.0 |
| Intangible assets, net | 63.1 | 76.4 |
| Other assets | 64.4 | 39.7 |
| Total assets | $1,113.4 | $1,085.1 |
| LIABILITIES AND TOTAL EQUITY | ||
| Current portion of long-term debt | $6.4 | $5.2 |
| Accounts payable | 111.4 | 126.1 |
| Employee compensation and benefits | 67.3 | 44.0 |
| Other current liabilities | 88.6 | 86.3 |
| Total current liabilities | 273.7 | 261.6 |
| Long-term debt | 194.2 | 295.1 |
| Long-term operating lease liabilities | 27.4 | 17.1 |
| Employee-related benefits | 13.3 | 13.2 |
| Deferred income taxes | 5.0 | 11.5 |
| Other liabilities | 21.5 | 14.5 |
| Total long-term liabilities | 261.4 | 351.4 |
| Total liabilities | 535.1 | 613.0 |
| Commitments and contingencies (Note 16) | ||
| Common stock, $0.375 par value per share, 60,000,000 shares authorized; 18,631,384 and 18,521,485 issued and outstanding, respectively | 7.0 | 7.0 |
| Additional paid-in capital | 64.9 | 56.0 |
| Retained earnings | 547.4 | 458.0 |
| Accumulated other comprehensive loss | (42.3) | (50.2) |
| Total Tennant Company shareholders' equity | 577.0 | 470.8 |
| Noncontrolling interest | 1.3 | 1.3 |
| Total equity | 578.3 | 472.1 |
| Total liabilities and total equity | $1,113.4 | $1,085.1 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.