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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 108.2 $ 14.1
Accounts receivable, net of allowance for credit losses of $15.5 and $14.5 as of June 30, 2020 and December 31, 2019, respectively 483.2 402.9
Other receivables, net 100.5 96.2
Inventories, net (Note 3) 638.9 670.9
Deposits and prepayments 63.6 116.0
Total current assets 1,394.4 1,300.1
Property and equipment, net 262.6 249.9
Operating lease right-of-use assets 181.1 199.8
Goodwill 72.8 72.8
Other intangible assets, net 43.1 47.2
Other non-current assets, net 24.9 28.6
Total assets 1,978.9 1,898.4
Current liabilities:    
Accounts payable 305.1 192.2
Book overdrafts 31.9 23.9
Cigarette and tobacco taxes payable 327.1 280.1
Operating lease liabilities 34.7 39.5
Accrued liabilities 155.0 151.0
Total current liabilities 853.8 686.7
Long-term debt (Note 4) 301.5 382.1
Deferred income taxes 23.0 22.6
Long-term operating lease liabilities 156.2 173.4
Other long-term liabilities 10.4 5.6
Claims liabilities 37.0 36.1
Total liabilities 1,381.9 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 June 30, 2020 and December 31, 2019, respectively) 0.5 0.5
Additional paid-in capital 292.3 290.6
Treasury stock at cost (7,824,173 and 7,588,829 shares of common stock at June 30, 2020 and December 31, 2019, respectively) (118.0) (112.6)
Retained earnings 428.7 418.5
Accumulated other comprehensive loss (6.5) (5.1)
Total stockholders’ equity 597.0 591.9
Total liabilities and stockholders’ equity $ 1,978.9 $ 1,898.4