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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 28.5 $ 15.4
Accounts receivable, (net of allowance for credit losses of $2.3 and $2.5, respectively) 108.0 106.8
Inventories 179.4 172.8
Prepaid expenses and other current assets 9.8 6.4
Total current assets 325.7 301.4
Property, plant and equipment, net 21.0 16.5
Operating lease right-of-use assets 90.3 68.8
Deferred income taxes 9.9 10.3
Goodwill, intangibles and other assets 8.3 8.0
Total assets 455.2 405.0
Current liabilities:    
Accounts payable 96.9 114.4
Accrued expenses and other current liabilities 43.2 50.5
Short term debt 0.6 4.5
Operating lease liabilities 12.4 10.5
Total current liabilities 153.1 179.9
Operating lease liabilities 89.1 68.5
Other liabilities 2.6 3.0
Total liabilities 244.8 251.4
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $.01 per share, authorized 25 million shares; issued none 0.0 0.0
Common stock, par value $0.01 per share, authorized 150 million shares; issued 39,064,239 and 39,011,096 shares; outstanding 37,960,605 and 37,854,409 shares 0.4 0.4
Additional paid-in capital 201.2 195.8
Treasury stock at cost —1,103,634 and 1,156,687 shares (19.5) (20.4)
Retained earnings (deficit) 25.9 (25.5)
Accumulated other comprehensive income 2.4 3.3
Total shareholders’ equity 210.4 153.6
Total liabilities and shareholders’ equity $ 455.2 $ 405.0