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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash $ 2.3 $ 1.2
Accounts receivable, net 182.7 137.8
Inventories, net 239.2 229.0
Prepaid expenses and other current assets 24.4 13.6
Total current assets 448.6 381.6
PROPERTY AND EQUIPMENT, NET 344.5 311.9
OPERATING LEASE RIGHT-OF-USE ASSETS, NET 102.6  
OTHER ASSETS    
Goodwill 41.9 24.3
Intangible assets, net 43.4 26.3
Other assets 1.6 2.1
Total other assets 86.9 52.7
TOTAL ASSETS 982.6 746.2
CURRENT LIABILITIES    
Lines of credit, net 98.4 157.7
Current portion of long-term debt 2.6 8.7
Accounts payable 73.5 58.9
Customer deposits 16.7 9.3
Accrued expenses 39.3 30.1
Current operating lease liabilities 16.2  
Other current liabilities 19.1 12.2
Total current liabilities 420.6 434.3
LONG-TERM LIABILITIES    
Long-term debt, net of current portion 310.0 135.0
Finance lease obligations, net of current portion 9.0 0.6
Deferred revenue, net of current portion 4.2 4.9
Guaranteed purchase obligations, net of current portion 5.2 7.6
Long-term operating lease liabilities 88.4  
Other liabilities 3.6 6.9
Deferred tax liability 6.9  
TOTAL LIABILITIES 847.9 589.3
CONTINGENCIES - NOTE 14
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, 1,200,000 Depositary Shares representing a 1/1000th fractional interest in a share of 10% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share, issued and outstanding at December 31, 2021 and December 31, 2020
Additional paid-in capital 217.4 216.2
Treasury stock (5.9) (5.9)
Accumulated deficit (76.8) (53.4)
TOTAL STOCKHOLDERS’ EQUITY 134.7 156.9
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 982.6 746.2
New Equipment    
CURRENT LIABILITIES    
Floor plan payable 114.2 127.6
Used and Rental Equipment    
CURRENT LIABILITIES    
Floor plan payable $ 40.6 $ 29.8