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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 44.6 $ 34.4
Accounts receivable, (net of allowance for credit losses of $2.8 and $2.9, respectively) 126.5 130.7
Inventories 167.1 150.8
Prepaid expenses and other current assets 14.4 13.9
Total current assets 352.6 329.8
Property, plant and equipment, net 19.1 20.0
Operating lease right-of-use assets 72.7 84.4
Deferred income taxes 8.1 7.9
Goodwill and intangibles 65.7 69.3
Other assets 2.5 2.0
Total assets 520.7 513.4
Current liabilities:    
Accounts payable 106.5 111.0
Accrued expenses and other current liabilities 47.8 49.1
Operating lease liabilities 14.1 14.1
Total current liabilities 168.4 174.2
Operating lease liabilities 69.0 81.4
Other liabilities 2.2 2.6
Total liabilities 239.6 258.2
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $.01 per share, authorized 25 million shares; issued none 0.0 0.0
Common stock, par value $0.01 per share, authorized 150 million shares; issued 39,178,283 and 39,123,102 shares; outstanding 38,230,328 and 38,074,344 shares 0.4 0.4
Additional paid-in capital 207.5 204.8
Treasury stock at cost —947,955 and 1,048,758 shares (16.8) (18.6)
Retained earnings 88.6 66.0
Accumulated other comprehensive income 1.4 2.6
Total shareholders’ equity 281.1 255.2
Total liabilities and shareholders’ equity $ 520.7 $ 513.4