XML 19 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 15.4 $ 22.4
Accounts receivable, (net of allowance for credit losses of $2.5 and $1.7, respectively) 106.8 102.3
Inventories 172.8 132.3
Prepaid expenses and other current assets 6.4 6.8
Total current assets 301.4 263.8
Property, plant and equipment, net 16.5 16.6
Operating lease right-of-use assets 68.8 77.3
Deferred income taxes 10.3 7.6
Goodwill, intangibles and other assets 8.0 9.6
Total assets 405.0 374.9
Current liabilities:    
Accounts payable 114.4 125.4
Accrued expenses and other current liabilities 50.5 50.7
Short term debt 4.5 0.0
Operating lease liabilities 10.5 10.3
Total current liabilities 179.9 186.4
Operating lease liabilities 68.5 77.2
Other liabilities 3.0 4.5
Total liabilities 251.4 268.1
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $.01 per share, authorized 25 million shares; issued none
Common stock, par value $.01 per share, authorized 150 million shares; issued 39,011,096 and 38,955,848 shares; outstanding 37,854,409 and 37,552,055 shares 0.4 0.4
Additional paid-in capital 195.8 193.5
Treasury stock at cost —1,156,687 and 1,403,793 shares (20.4) (24.0)
Retained deficit (25.5) (66.5)
Accumulated other comprehensive income 3.3 3.4
Total shareholders’ equity 153.6 106.8
Total liabilities and shareholders’ equity $ 405.0 $ 374.9