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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 23.5 $ 15.4
Accounts receivable, net 135.1 106.8
Inventories 205.7 172.8
Prepaid expenses and other current assets 7.8 6.4
Total current assets 372.1 301.4
Property, plant and equipment, net 16.8 16.5
Operating lease right-of-use assets 97.8 68.8
Deferred income taxes 10.5 10.3
Goodwill, intangibles and other assets 8.2 8.0
Total assets 505.4 405.0
Current liabilities:    
Accounts payable 128.7 114.4
Accrued expenses and other current liabilities 48.8 50.5
Short-term debt 30.0 4.5
Operating lease liabilities 11.9 10.5
Total current liabilities 219.4 179.9
Operating lease liabilities 95.9 68.5
Other liabilities 2.4 3.0
Total liabilities 317.7 251.4
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 198.3 195.8
Treasury stock (19.6) (20.4)
Retained earnings (deficit) 5.6 (25.5)
Accumulated other comprehensive income 3.0 3.3
Total shareholders’ equity 187.7 153.6
Total liabilities and shareholders’ equity $ 505.4 $ 405.0