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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 78.4 $ 97.2
Accounts receivable, net 114.0 88.2
Inventories 132.3 112.5
Prepaid expenses and other current assets 7.3 6.4
Total current assets 332.0 304.3
Property, plant and equipment, net 16.0 17.8
Operating lease right-of-use assets 78.8 59.3
Deferred income taxes 7.8 7.3
Goodwill and intangibles 7.1 7.2
Other assets 1.0 1.0
Total assets 442.7 396.9
Current liabilities:    
Accounts payable 129.1 115.9
Accrued expenses and other current liabilities 52.0 34.0
Operating lease liabilities 9.1 9.9
Total current liabilities 190.2 159.8
Deferred income tax liability 0.1 0.1
Other liabilities 4.9 2.8
Operating lease liabilities 79.4 58.7
Total liabilities 274.6 221.4
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 192.9 189.7
Treasury stock (26.4) (20.4)
Retained (deficit) earnings (1.9) 2.8
Accumulated other comprehensive income 3.1 3.0
Total shareholders’ equity 168.1 175.5
Total liabilities and shareholders’ equity $ 442.7 $ 396.9