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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 48.2 $ 28.5
Accounts receivable, net 113.7 108.0
Inventories 166.1 179.4
Prepaid expenses and other current assets 7.4 9.8
Total current assets 335.4 325.7
Property, plant and equipment, net 20.8 21.0
Operating lease right-of-use assets 87.3 90.3
Deferred income taxes 9.8 9.9
Goodwill, intangibles and other assets 8.3 8.3
Total assets 461.6 455.2
Current liabilities:    
Accounts payable 103.6 96.9
Accrued expenses and other current liabilities 40.0 43.2
Short-term debt 0.0 0.6
Operating lease liabilities 12.2 12.4
Total current liabilities 155.8 153.1
Operating lease liabilities 86.2 89.1
Other liabilities 2.6 2.6
Total liabilities 244.6 244.8
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 201.8 201.2
Treasury stock (19.1) (19.5)
Retained earnings 31.4 25.9
Accumulated other comprehensive income 2.5 2.4
Total shareholders’ equity 217.0 210.4
Total liabilities and shareholders’ equity $ 461.6 $ 455.2