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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 11.7 $ 14.1
Accounts receivable, net of allowance for credit losses of $15.2 and $14.5 as of September 30, 2020 and December 31, 2019, respectively 387.3 402.9
Other receivables, net 110.1 96.2
Inventories, net (Note 3) 832.2 670.9
Deposits and prepayments 86.4 116.0
Total current assets 1,427.7 1,300.1
Property and equipment, net 269.1 249.9
Operating lease right-of-use assets 174.7 199.8
Goodwill 72.8 72.8
Other intangible assets, net 42.4 47.2
Other non-current assets, net 25.3 28.6
Total assets 2,012.0 1,898.4
Current liabilities:    
Accounts payable 242.7 192.2
Book overdrafts 43.3 23.9
Cigarette and tobacco taxes payable 225.2 280.1
Operating lease liabilities 33.3 39.5
Accrued liabilities 176.6 151.0
Total current liabilities 721.1 686.7
Long-term debt (Note 4) 444.7 382.1
Deferred income taxes 22.9 22.6
Long-term operating lease liabilities 151.4 173.4
Other long-term liabilities 15.9 5.6
Claims liabilities 37.4 36.1
Total liabilities 1,393.4 1,306.5
Contingencies (Note 5)
Stockholders’ equity:    
Common stock, $0.01 par value (150,000,000 shares authorized; 52,916,459 and 52,702,551 shares issued; 45,092,286 and 45,113,722 shares outstanding at September 30, 2020 and December 31, 2019, respectively) 0.5 0.5
Additional paid-in capital 294.8 290.6
Treasury stock at cost (7,824,173 and 7,588,829 shares of common stock at September 30, 2020 and December 31, 2019, respectively) (118.0) (112.6)
Retained earnings 446.6 418.5
Accumulated other comprehensive loss (5.3) (5.1)
Total stockholders’ equity 618.6 591.9
Total liabilities and stockholders’ equity $ 2,012.0 $ 1,898.4