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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 58.1 $ 97.2
Accounts receivable, net 110.2 88.2
Inventories 132.4 112.5
Prepaid expenses and other current assets 6.5 6.4
Total current assets 307.2 304.3
Property, plant and equipment, net 16.1 17.8
Operating lease right-of-use assets 57.7 59.3
Deferred income taxes 7.4 7.3
Goodwill and intangibles 7.2 7.2
Other assets 1.1 1.0
Total assets 396.7 396.9
Current liabilities:    
Accounts payable 130.6 115.9
Accrued expenses and other current liabilities 45.8 34.0
Operating lease liabilities 10.1 9.9
Total current liabilities 186.5 159.8
Deferred income tax liability 0.1 0.1
Other liabilities 4.1 2.8
Operating lease liabilities 57.3 58.7
Total liabilities 248.0 221.4
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 191.0 189.7
Treasury stock (24.3) (20.4)
Retained (deficit) earnings (21.2) 2.8
Accumulated other comprehensive income 2.8 3.0
Total shareholders’ equity 148.7 175.5
Total liabilities and shareholders’ equity $ 396.7 $ 396.9