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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 43.5 $ 22.8
Accounts receivable, net of allowance for credit losses of $15.7 and $16.5 as of March 31, 2021 and December 31, 2020, respectively 377.9 362.6
Other receivables, net 94.8 105.5
Inventories, net (Note 3) 756.5 758.5
Deposits and prepayments 86.8 87.8
Total current assets 1,359.5 1,337.2
Property and equipment, net 280.8 276.0
Operating lease right-of-use assets 202.7 203.6
Goodwill 72.8 72.8
Other intangible assets, net 38.5 40.7
Other non-current assets, net 27.8 24.4
Total assets 1,982.1 1,954.7
Current liabilities:    
Accounts payable 250.0 190.9
Book overdrafts 33.0 31.1
Cigarette and tobacco taxes payable 257.5 302.9
Operating lease liabilities 33.2 32.9
Accrued liabilities 174.5 188.0
Total current liabilities 748.2 745.8
Long-term debt (Note 4) 352.9 344.5
Deferred income taxes 18.1 2.1
Long-term operating lease liabilities 179.7 179.7
Other long-term liabilities 11.8 12.5
Claims liabilities 38.6 38.2
Total liabilities 1,349.3 1,322.8
Contingencies (Note 5)
Stockholders’ equity:    
Common stock, $0.01 par value (150,000,000 shares authorized; 53,160,505 and 52,918,347 shares issued; 45,163,705 and 44,921,547 shares outstanding at March 31, 2021 and December 31, 2020, respectively) 0.5 0.5
Additional paid-in capital 296.6 298.3
Treasury stock at cost (7,996,800 shares of common stock at each of March 31, 2021 and December 31, 2020, respectively) (123.0) (123.0)
Retained earnings 461.9 459.7
Accumulated other comprehensive loss (3.2) (3.6)
Total stockholders’ equity 632.8 631.9
Total liabilities and stockholders’ equity $ 1,982.1 $ 1,954.7