v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 61.7 $ 67.5
Accounts receivable, net 149.9 139.6
Inventories 177.4 174.6
Prepaid expenses and other current assets 13.7 14.8
Total current assets 402.7 396.5
Property, plant and equipment, net 18.1 18.5
Operating lease right-of-use assets 87.4 91.8
Deferred income taxes 7.2 7.4
Goodwill and intangible assets 63.5 64.3
Other assets 2.2 2.3
Total assets 581.1 580.8
Current liabilities:    
Accounts payable 101.9 108.7
Accrued expenses and other current liabilities 59.2 53.7
Operating lease liabilities 15.9 16.1
Total current liabilities 177.0 178.5
Operating lease liabilities 83.3 87.5
Other liabilities 0.9 1.6
Total liabilities 261.2 267.6
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01 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 39,283,136 and 39,248,275 shares; outstanding 38,261,099 and 38,198,641 shares 0.4 0.4
Additional paid-in capital 213.6 212.8
Treasury stock at cost - 1,022,037 and 1,049,634 shares (21.7) (22.1)
Retained earnings 126.1 120.3
Accumulated other comprehensive income 1.5 1.8
Total shareholders’ equity 319.9 313.2
Total liabilities and shareholders’ equity $ 581.1 $ 580.8