CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash	$ 184.5	$ 149.7
Accounts receivable, net of allowances of $9.9 and $17.2	174.3	148.6
Inventories	131.5	116.7
Prepaid expenses and other current assets	3.8	3.9
Current assets of discontinued operations	0.0	92.3
Total current assets	494.1	511.2
Property, plant and equipment, net	15.1	16.4
Deferred income taxes	26.2	4.2
Goodwill and intangibles	14.5	15.7
Other assets	1.5	1.5
Long term assets of discontinued operations	0.0	17.1
Total assets	551.4	566.1
Current liabilities:
Accounts payable	196.1	181.3
Dividend payable	55.7	0.0
Accrued expenses and other current liabilities	64.0	49.2
Current liabilities of discontinued operations	0.0	94.5
Total current liabilities	315.8	325.0
Deferred income tax liability	0.1	0.3
Other liabilities	23.7	24.3
Long term liabilities of discontinued operations	0.0	2.1
Total liabilities	339.6	351.7
Commitments and contingencies
Shareholders’ equity:
Preferred stock, par value $.01 per share, authorized 25 million shares; issued none
Common stock, par value $.01 per share, authorized 150 million shares; issued 38,861,992 and 38,861,992 shares; outstanding 37,093,774 and 36,924,293 shares	0.4	0.4
Additional paid-in capital	186.5	185.5
Treasury stock at cost —1,768,218 and 1,937,699 shares	(21.8)	(23.9)
Retained earnings	44.8	73.1
Accumulated other comprehensive income (loss)	1.9	(20.7)
Total shareholders’ equity	211.8	214.4
Total liabilities and shareholders’ equity	$ 551.4	$ 566.1