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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 70.0 $ 295.4
Accounts receivable, net 91.7 84.1
Inventories 105.9 107.3
Prepaid expenses and other current assets 6.8 10.6
Total current assets 274.4 497.4
Property, plant and equipment, net 14.9 14.9
Operating lease right-of-use assets 51.3  
Deferred income taxes 8.9 8.9
Goodwill and intangibles 7.4 7.7
Other assets 1.3 1.1
Total assets 358.2 530.0
Current liabilities:    
Accounts payable 111.0 101.1
Dividend payable 0.0 243.5
Accrued expenses and other current liabilities 38.2 35.0
Operating lease liabilities 10.6  
Total current liabilities 159.8 379.6
Deferred income tax liability 0.1 0.1
Other liabilities 3.0 12.6
Operating lease liabilities 51.3  
Total liabilities 214.2 392.3
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 187.1 187.0
Treasury stock (24.1) (25.1)
Retained earnings (22.4) (27.6)
Accumulated other comprehensive income 3.0 3.0
Total shareholders’ equity 144.0 137.7
Total liabilities and shareholders’ equity $ 358.2 $ 530.0