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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 44.9 $ 28.5
Accounts receivable, net 140.5 108.0
Inventories 164.3 179.4
Prepaid expenses and other current assets 9.7 9.8
Total current assets 359.4 325.7
Property, plant and equipment, net 20.6 21.0
Operating lease right-of-use assets 90.7 90.3
Deferred income taxes 9.9 9.9
Goodwill and intangible assets 71.5 6.6
Other assets 1.9 1.7
Total assets 554.0 455.2
Current liabilities:    
Accounts payable 118.8 96.9
Accrued expenses and other current liabilities 58.3 43.2
Short-term debt 40.3 0.6
Operating lease liabilities 13.9 12.4
Total current liabilities 231.3 153.1
Operating lease liabilities 88.0 89.1
Other liabilities 2.9 2.6
Total liabilities 322.2 244.8
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 202.3 201.2
Treasury stock (18.9) (19.5)
Retained earnings 45.3 25.9
Accumulated other comprehensive income 2.7 2.4
Total shareholders’ equity 231.8 210.4
Total liabilities and shareholders’ equity $ 554.0 $ 455.2