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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and equivalents $ 0.3 $ 2.2
Trade accounts receivable, net 69.3 60.5
Inventories, net 105.7 139.4
Other current assets 10.6 12.8
Total current assets 185.9 214.9
Property, Plant and Equipment:    
Land 5.0 5.0
Building and improvements 32.3 32.4
Machinery and equipment 58.2 58.2
Gross property, plant and equipment 95.5 95.6
Less accumulated depreciation 67.1 64.4
Property, plant and equipment, net 28.4 31.2
Other Assets:    
Operating lease right-of-use assets 33.9 40.9
Goodwill   9.5
Other 4.4 5.0
Total other assets 38.3 55.4
Total Assets 252.6 301.5
Current Liabilities:    
Current maturities of long-term debt 1.7 1.7
Current maturities of operating lease right-of-use liabilities 9.1 9.7
Trade accounts payable 53.1 56.8
Accrued compensation 10.0 5.5
Other accrued liabilities 15.7 15.8
Total current liabilities 89.6 89.5
Non-current Liabilities:    
Long-term debt, less current maturities 92.4 135.1
Operating lease right-of-use liabilities 24.9 31.6
Other non-current liabilities 2.4 2.4
Total non-current liabilities 119.7 169.1
Shareholders’ Equity:    
Preferred shares; $.01 par (5,000,000 shares authorized)
Common shares; $.01 par (75,000,000 shares authorized: 26,889,190 shares issued and outstanding at December 31, 2020 and 26,441,926 at December 31, 2019) 0.3 0.3
Additional paid-in capital 49.5 48.2
Accumulated deficit (6.5) (5.6)
Total shareholders’ equity 43.3 42.9
Total Liabilities and Shareholders’ Equity $ 252.6 $ 301.5