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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 51.5 $ 41.6
Accounts receivable, net of allowance for doubtful accounts of $7.5 and $7.3 as of March 31, 2018 and December 31, 2017, respectively 439.6 442.3
Other receivables, net 84.6 94.4
Inventories, net (Note 4) 620.3 689.1
Deposits and prepayments 74.2 108.0
Total current assets 1,270.2 1,375.4
Property and equipment, net 243.4 249.0
Goodwill 72.8 72.8
Other intangible assets, net 57.0 59.1
Other non-current assets, net 26.1 26.2
Total assets 1,669.5 1,782.5
Current liabilities:    
Accounts payable 203.6 169.9
Book overdrafts 39.1 45.3
Cigarette and tobacco taxes payable 232.5 304.5
Accrued liabilities 134.0 124.8
Total current liabilities 609.2 644.5
Long-term debt (Note 5) 444.0 512.9
Deferred income taxes 27.7 27.4
Other long-term liabilities 14.9 14.3
Claims liabilities 26.7 26.3
Pension liabilities 1.9 1.9
Total liabilities 1,124.4 1,227.3
Contingencies (Note 6)
Stockholders’ equity:    
Common stock, $0.01 par value (100,000,000 shares authorized, 52,508,213 and 52,397,668 shares issued; 46,152,263 and 46,165,009 shares outstanding at March 31, 2018 and December 31, 2017, respectively) 0.5 0.5
Additional paid-in capital 277.1 276.8
Treasury stock at cost (6,355,950 and 6,232,659 shares of common stock at March 31, 2018 and December 31, 2017, respectively) (77.9) (75.1)
Retained earnings 350.1 355.1
Accumulated other comprehensive loss (4.7) (2.1)
Total stockholders’ equity 545.1 555.2
Total liabilities and stockholders’ equity $ 1,669.5 $ 1,782.5