INCOME TAX (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income (Loss) before Income Taxes

The following table summarizes our U.S. and foreign components of income from continuing operations before income taxes (in millions): 

	Year Ended December 31,
	2022		2021		2020
United States	$	104.0	$	84.5	$	80.5
Foreign	(0.2)		3.1		3.5
Total	$	103.8	$	87.6	$	84.0

Schedule of (Benefit) Provision for Income Taxes

The following table summarizes the (benefit) provision for income taxes from continuing operations (in millions):

	Year Ended December 31,
	2022		2021		2020
Current:
Federal	$	21.2	$	16.8	$	17.0
State	4.3		3.8		3.3
Foreign	0.2		0.1		0.1
Total current	$	25.7	$	20.7	$	20.4
Deferred:
Federal	$	0.0	$	(0.6)	$	(0.8)
State	0.1		(0.2)		0.3
Foreign	(0.1)		(2.4)		0.0
Total deferred	$	0.0	$	(3.2)	$	(0.5)
Total tax provision	$	25.7	$	17.5	$	19.9

Schedule of Reconciliation of Difference between Income Tax Expense and Computed Income Tax Expense Based on Federal Statutory Corporate Rate

A reconciliation of the difference between the income tax expense and the computed income tax expense from continuing operations based on the Federal statutory corporate rate is as follows (in millions):

	Year Ended December 31,
	2022				2021				2020
Income tax at Federal statutory rate	$	21.8	21.0	%	$	18.4	21.0	%	$	17.6	21.0	%
State and local income taxes, net of federal tax benefit	3.7		3.7	%	2.9		3.3	%	3.0		3.5	%
Reversal of valuation allowances	0.0		0.0	%	(3.4)		(3.8)	%	(0.9)		(1.0)	%
2017 TCJA, net deferred tax remeasurement and repatriation tax impacts	(0.2)		(0.1)	%	0.0		0.0	%	0.0		0.0	%
Stock based compensation	0.0		0.0	%	(0.8)		(0.9)	%	(0.5)		(0.6)	%
Non-deductible items	0.7		0.6	%	0.5		0.5	%	0.8		0.9	%
Other items, net	(0.3)		(0.4)	%	(0.1)		(0.1)	%	(0.1)		(0.1)	%
Income tax	$	25.7	24.8	%	$	17.5	20.0	%	$	19.9	23.7	%

Schedule of Deferred Tax Assets and Liabilities

The deferred tax assets and liabilities are comprised of the following (in millions):

	December 31,
	2022		2021
Assets:
Accrued expenses and other liabilities	$	1.6	$	2.4
Inventory	2.9		2.8
Operating lease obligations	25.3		18.8
Intangible & other	0.4		0.0
Net operating loss and credit carryforwards	8.1		8.8
Valuation allowances	(5.8)		(6.1)
Total deferred tax assets	$	32.5	$	26.7
Liabilities:
Operating lease right-of-use assets	$	22.6	$	16.4
Other	0.1		0.2
Total deferred tax liabilities	$	22.7	$	16.6

Summary of Valuation Allowance

The following table summarizes the changes in valuation allowance (in millions):

	Balance at Beginning of Period		Benefit Recognized in Expense		Write-offs		Other		Balance at End of Period
2022	$	(6.1)	$	0.0	$	0.3	$	0.0	$	(5.8)
2021	$	(15.2)	$	3.0	$	7.0	$	(0.9)	$	(6.1)