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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash $ 1.7 $ 2.7
Accounts receivable, net of allowances of $14.3 and $13.0 as of March 31, 2023 and December 31, 2022, respectively 228.3 232.8
Inventories, net 469.1 399.7
Prepaid expenses and other current assets 30.4 28.1
Total current assets 729.5 663.3
Property and equipment, net 398.9 377.8
Operating lease right-of-use assets, net 111.4 113.6
OTHER ASSETS    
Goodwill 70.5 69.2
Other intangible assets, net 58.5 60.7
Other assets 8.0 6.0
Total other assets 137.0 135.9
TOTAL ASSETS 1,376.8 1,290.6
CURRENT LIABILITIES    
Current portion of long-term debt 4.7 4.2
Accounts payable 88.1 90.8
Customer deposits 24.1 27.9
Accrued expenses 56.7 55.1
Current operating lease liabilities 15.2 14.8
Current deferred revenue 12.6 14.1
Other current liabilities 9.6 7.5
Total current liabilities 525.8 471.2
LONG-TERM LIABILITIES    
Lines of credit, net 256.0 217.5
Long-term debt, net of current portion 311.3 311.2
Finance lease obligations, net of current portion 17.7 15.4
Deferred revenue, net of current portion 4.9 4.9
Guaranteed purchase obligations, net of current portion 4.0 4.7
Long-term operating lease liabilities, net of current portion 100.0 101.9
Deferred tax liability 6.3 6.4
Other liabilities 12.7 17.6
TOTAL LIABILITIES 1,238.7 1,150.8
CONTINGENCIES - NOTE 13
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value per share, 1,000,000 shares authorized, 1,200,000 Depositary Shares representing a 1/1000th fractional interest in a share of 10% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share, issued and outstanding at both March 31, 2023 and December 31, 2022
Common stock, $0.0001 par value per share, 200,000,000 shares authorized; 32,368,112 and 32,194,243 issued and outstanding at March 31, 2023 and December 31, 2022, respectively  
Additional paid-in capital 223.6 222.8
Treasury stock at cost, 862,182 and shares of common stock held at both March 31, 2023 and December 31, 2022, respectively (5.9) (5.9)
Accumulated deficit (76.4) (74.2)
Accumulated other comprehensive income (loss) (3.2) (2.9)
TOTAL STOCKHOLDERS’ EQUITY 138.1 139.8
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 1,376.8 1,290.6
New Equipment    
CURRENT LIABILITIES    
Floor plan payable 252.5 211.5
Used and Rental Equipment    
CURRENT LIABILITIES    
Floor plan payable $ 62.3 $ 45.3