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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 34.3 $ 28.5
Accounts receivable, net 136.8 108.0
Inventories 153.8 179.4
Prepaid expenses and other current assets 13.0 9.8
Total current assets 337.9 325.7
Property, plant and equipment, net 20.3 21.0
Operating lease right-of-use assets 87.0 90.3
Deferred income taxes 10.0 9.9
Goodwill and intangible assets 70.7 6.6
Other assets 1.9 1.7
Total assets 527.8 455.2
Current liabilities:    
Accounts payable 125.8 96.9
Accrued expenses and other current liabilities 55.3 43.2
Short-term debt 0.0 0.6
Operating lease liabilities 13.9 12.4
Total current liabilities 195.0 153.1
Operating lease liabilities 84.1 89.1
Other liabilities 2.5 2.6
Total liabilities 281.6 244.8
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 203.9 201.2
Treasury stock (18.8) (19.5)
Retained earnings 58.3 25.9
Accumulated other comprehensive income 2.4 2.4
Total shareholders’ equity 246.2 210.4
Total liabilities and shareholders’ equity $ 527.8 $ 455.2