v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 55.1 $ 44.6
Accounts receivable, net 156.8 126.5
Inventories 171.2 167.1
Prepaid expenses and other current assets 10.9 14.4
Total current assets 394.0 352.6
Property, plant and equipment, net 19.4 19.1
Operating lease right-of-use assets 96.2 72.7
Deferred income taxes 8.5 8.1
Goodwill and intangible assets 65.9 65.7
Other assets 2.5 2.5
Total assets 586.5 520.7
Current liabilities:    
Accounts payable 115.0 106.5
Accrued expenses and other current liabilities 57.4 47.8
Operating lease liabilities 14.9 14.1
Total current liabilities 187.3 168.4
Operating lease liabilities 92.1 69.0
Other liabilities 1.9 2.2
Total liabilities 281.3 239.6
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0.0 0.0
Common stock 0.4 0.4
Additional paid-in capital 210.6 207.5
Treasury stock (15.0) (16.8)
Retained earnings 107.1 88.6
Accumulated other comprehensive income 2.1 1.4
Total shareholders’ equity 305.2 281.1
Total liabilities and shareholders’ equity $ 586.5 $ 520.7