Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net (loss) $ (13.2) $ (16.7)
Adjustments to reconcile net (loss) to net cash (used for) operating activities:    
Depreciation and amortization 10.6 11.3
Deferred income taxes (0.5) (0.2)
Stock-based compensation 0.7 0.4
Gain from long-term disability plan change (1.1) 0.0
U.S. pension expense 0.9 1.4
Other non-cash adjustments, net 1.4 (0.2)
Changes in operating assets and liabilities:    
Receivables (4.8) (21.8)
Inventories (8.1) (4.9)
Accounts payable and accrued expenses 1.2 (33.0)
Income taxes payable and receivable 0.0 (0.4)
Other assets and liabilities (4.2) 0.9
Net cash (used for) operating activities (17.1) (63.2)
Cash flows from investing activities:    
Purchases of property, plant and equipment (7.5) (8.6)
Net cash used for investing activities (7.5) (8.6)
Cash flows from financing activities:    
Proceeds from revolving credit facility 30.0 0.0
Payments on revolving credit facility 0.0 (25.0)
Payments on long-term debt (0.1) (1.0)
Value of shares withheld related to employee tax withholding 0.0 (0.7)
Net cash provided by (used for) financing activities 29.9 (26.7)
Effect of exchange rate changes on cash and cash equivalents (0.5) 0.4
Net increase (decrease) in cash and cash equivalents 4.8 (98.1)
Cash and cash equivalents at beginning of year 27.1 173.8
Cash and cash equivalents at end of period 31.9 75.7
Supplemental Cash Flow Disclosure:    
Amounts in accounts payable for capital expenditures 2.0 3.7
Interest paid 0.7 0.9
Income taxes paid (refunded), net $ 0.3 $ 0.3