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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 39.0 $ 44.6
Accounts receivable, net 142.8 126.5
Inventories 178.6 167.1
Prepaid expenses and other current assets 12.5 14.4
Total current assets 372.9 352.6
Property, plant and equipment, net 18.3 19.1
Operating lease right-of-use assets 70.0 72.7
Deferred income taxes 8.1 8.1
Goodwill and intangible assets 64.9 65.7
Other assets 2.5 2.5
Total assets 536.7 520.7
Current liabilities:    
Accounts payable 115.3 106.5
Accrued expenses and other current liabilities 51.2 47.8
Operating lease liabilities 13.9 14.1
Total current liabilities 180.4 168.4
Operating lease liabilities 66.3 69.0
Other liabilities 2.1 2.2
Total liabilities 248.8 239.6
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 209.0 207.5
Treasury stock (15.2) (16.8)
Retained earnings 92.1 88.6
Accumulated other comprehensive income 1.6 1.4
Total shareholders’ equity 287.9 281.1
Total liabilities and shareholders’ equity $ 536.7 $ 520.7