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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 26.0 $ 14.1
Accounts receivable, net of allowance for credit losses of $13.8 and $14.5 as of March 31, 2020 and December 31, 2019, respectively 387.3 402.9
Other receivables, net 100.2 96.2
Inventories, net (Note 3) 758.1 670.9
Deposits and prepayments 79.4 116.0
Total current assets 1,351.0 1,300.1
Property and equipment, net 251.7 249.9
Operating lease right-of-use assets 194.6 199.8
Goodwill 72.8 72.8
Other intangible assets, net 45.4 47.2
Other non-current assets, net 27.7 28.6
Total assets 1,943.2 1,898.4
Current liabilities:    
Accounts payable 268.6 192.2
Book overdrafts 36.3 23.9
Cigarette and tobacco taxes payable 258.3 280.1
Operating lease liabilities 35.4 39.5
Accrued liabilities 151.6 151.0
Total current liabilities 750.2 686.7
Long-term debt (Note 4) 376.7 382.1
Deferred income taxes 23.3 22.6
Long-term operating lease liabilities 169.0 173.4
Other long-term liabilities 5.2 5.6
Claims liabilities 36.6 36.1
Total liabilities 1,361.0 1,306.5
Contingencies (Note 5)
Stockholders’ equity:    
Common stock, $0.01 par value (150,000,000 shares authorized; 52,910,228 and 52,702,551 shares issued; 45,086,055 and 45,113,722 shares outstanding at March 31, 2020 and December 31, 2019, respectively) 0.5 0.5
Additional paid-in capital 290.2 290.6
Treasury stock at cost (7,824,173 and 7,588,829 shares of common stock at March 31, 2020 and December 31, 2019, respectively) (118.0) (112.6)
Retained earnings 417.3 418.5
Accumulated other comprehensive loss (7.8) (5.1)
Total stockholders’ equity 582.2 591.9
Total liabilities and stockholders’ equity $ 1,943.2 $ 1,898.4