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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 67.5 $ 44.6
Accounts receivable, (net of allowance for credit losses of $2.3 and $2.8, respectively) 139.6 126.5
Inventories 174.6 167.1
Prepaid expenses and other current assets 14.8 14.4
Total current assets 396.5 352.6
Property, plant and equipment, net 18.5 19.1
Operating lease right-of-use assets 91.8 72.7
Deferred income taxes 7.4 8.1
Goodwill and intangibles 64.3 65.7
Other assets 2.3 2.5
Total assets 580.8 520.7
Current liabilities:    
Accounts payable 108.7 106.5
Accrued expenses and other current liabilities 53.7 47.8
Operating lease liabilities 16.1 14.1
Total current liabilities 178.5 168.4
Operating lease liabilities 87.5 69.0
Other liabilities 1.6 2.2
Total liabilities 267.6 239.6
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 39,248,275 and 39,178,283 shares; outstanding 38,198,641 and 38,230,328 shares 0.4 0.4
Additional paid-in capital 212.8 207.5
Treasury stock at cost —1,049,634 and 947,955 shares (22.1) (16.8)
Retained earnings 120.3 88.6
Accumulated other comprehensive income 1.8 1.4
Total shareholders’ equity 313.2 281.1
Total liabilities and shareholders’ equity $ 580.8 $ 520.7