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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 36.9 $ 22.4
Accounts receivable, net 104.7 102.3
Inventories 134.7 132.3
Prepaid expenses and other current assets 6.6 6.8
Total current assets 282.9 263.8
Property, plant and equipment, net 16.6 16.6
Operating lease right-of-use assets 75.3 77.3
Deferred income taxes 7.0 7.6
Goodwill and intangibles 7.0 7.0
Other assets 2.7 2.6
Total assets 391.5 374.9
Current liabilities:    
Accounts payable 142.2 125.4
Accrued expenses and other current liabilities 42.6 50.7
Operating lease liabilities 9.8 10.3
Total current liabilities 194.6 186.4
Other liabilities 4.5 4.5
Operating lease liabilities 75.0 77.2
Total liabilities 274.1 268.1
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 193.1 193.5
Treasury stock (22.3) (24.0)
Retained (deficit) earnings (57.3) (66.5)
Accumulated other comprehensive income 3.5 3.4
Total shareholders’ equity 117.4 106.8
Total liabilities and shareholders’ equity $ 391.5 $ 374.9