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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 22.8 $ 14.1
Accounts receivable, net of allowance for credit losses of $16.5 and $14.5 at December 31, 2020 and 2019, respectively (Note 3) 362.6 402.9
Other receivables, net (Note 3) 105.5 96.2
Inventories, net (Note 4) 758.5 670.9
Deposits and prepayments (Note 3) 87.8 116.0
Total current assets 1,337.2 1,300.1
Property and equipment, net (Note 5) 276.0 249.9
Operating lease right-of-use assets 203.6 199.8
Goodwill (Note 7) 72.8 72.8
Other intangible assets, net (Note 7) 40.7 47.2
Other non-current assets, net (Note 3) 24.4 28.6
Total assets 1,954.7 1,898.4
Current liabilities:    
Accounts payable 190.9 192.2
Book overdrafts (Note 2) 31.1 23.9
Cigarette and tobacco taxes payable 302.9 280.1
Operating lease liabilities 32.9 39.5
Accrued liabilities (Note 3) 188.0 151.0
Total current liabilities 745.8 686.7
Long-term debt (Note 8) 344.5 382.1
Deferred income taxes (Note 10) 2.1 22.6
Long-term operating lease liabilities 179.7 173.4
Other long-term liabilities 12.5 5.6
Claims liabilities (Note 2) 38.2 36.1
Total liabilities 1,322.8 1,306.5
Commitments and contingencies (Note 9)
Stockholders’ equity (Note 14):    
Common stock, $0.01 par value (150,000,000 shares authorized; 52,918,347 and 52,702,551 shares issued; 44,921,547 and 45,113,722 shares outstanding at December 31, 2020 and 2019, respectively) 0.5 0.5
Additional paid-in capital 298.3 290.6
Treasury stock at cost (7,996,800 and 7,588,829 shares of common stock at December 31, 2020 and 2019, respectively) (123.0) (112.6)
Retained earnings 459.7 418.5
Accumulated other comprehensive loss (Note 15) (3.6) (5.1)
Total stockholders’ equity 631.9 591.9
Total liabilities and stockholders’ equity $ 1,954.7 $ 1,898.4