v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 86.7 $ 67.5
Accounts receivable, net 186.8 139.6
Inventories 163.6 174.6
Prepaid expenses and other current assets 12.2 14.8
Total current assets 449.3 396.5
Property, plant and equipment, net 17.8 18.5
Operating lease right-of-use assets 88.7 91.8
Deferred income taxes 7.4 7.4
Goodwill and intangible assets 62.7 64.3
Other assets 2.5 2.3
Total assets 628.4 580.8
Current liabilities:    
Accounts payable 120.3 108.7
Accrued expenses and other current liabilities 65.6 53.7
Operating lease liabilities 14.4 16.1
Total current liabilities 200.3 178.5
Operating lease liabilities 84.5 87.5
Other liabilities 0.9 1.6
Total liabilities 285.7 267.6
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 38,108,341 and 38,198,641 shares 0.4 0.4
Additional paid-in capital 215.1 212.8
Treasury stock at cost - 1,174,795 and 1,049,634 shares (26.2) (22.1)
Retained earnings 152.3 120.3
Accumulated other comprehensive income 1.1 1.8
Total shareholders’ equity 342.7 313.2
Total liabilities and shareholders’ equity $ 628.4 $ 580.8