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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 41.5 $ 82.5
Accounts receivable, net of allowance for doubtful accounts of $26.9 and $27.3, respectively 528.5 490.6
Inventory, net 933.6 771.2
Income tax receivable 2.8 0.0
Prepaid expenses and other current assets 73.6 61.0
Total current assets 1,580.0 1,405.3
Property and equipment, net (Note 5) 252.1 249.4
Operating lease right-of-use assets, net (Note 7) 380.5 388.9
Goodwill (Note 6) 485.2 485.5
Intangible assets, net (Note 6) 266.9 280.8
Deferred tax assets 5.3 5.3
Other assets 11.4 13.7
Total assets 2,981.4 2,828.9
Current liabilities:    
Accounts payable 390.9 270.8
Current portion of finance leases (Note 7) 23.7 21.8
Current portion of operating leases (Note 7) 83.4 83.6
Accrued compensation 52.5 74.2
Long-term debt, current portion (Note 9) 5.3 5.3
Income tax payable 0.0 8.0
Accrued liabilities 114.2 114.6
Total current liabilities 670.0 578.3
Other long-term liabilities 10.3 11.5
Finance leases, less current portion (Note 7) 77.8 69.8
Operating leases, less current portion (Note 7) 304.7 313.3
Deferred tax liabilities 2.1 2.3
Long-term debt, less current portion (Note 9) 442.7 367.6
Total liabilities 1,507.6 1,342.8
Commitments and contingencies (Note 11)
Stockholders' equity:    
Common stock, par value $0.01; 1,000,000,000 shares authorized; 45,520,704 and 45,404,091 shares issued, and 45,198,683 and 45,082,070 shares outstanding at March 31, 2024 and December 31, 2023, respectively 0.5 0.5
Additional paid-in capital 610.7 601.8
Retained earnings 897.0 916.3
Accumulated other comprehensive income 2.3 4.2
Treasury stock, at cost, 322,021 and 322,021 shares at March 31, 2024 and December 31, 2023, respectively (36.7) (36.7)
Total stockholders' equity 1,473.8 1,486.1
Total liabilities and stockholders' equity $ 2,981.4 $ 2,828.9