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
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net (loss) income $ (2.0) $ 0.1
Adjustments to reconcile net (loss) income to net cash (used for) provided by operating activities:    
Depreciation and amortization 22.3 28.0
Deferred income taxes (0.6) 0.3
Stock-based compensation 2.1 2.3
U.S. pension expense 2.7 3.4
Other non-cash adjustments, net (0.5) 1.0
Changes in operating assets and liabilities:    
Receivables (26.8) (24.4)
Inventories 3.4 (10.7)
Accounts payable and accrued expenses (32.2) 18.8
Income taxes payable and receivable 0.0 3.1
Other assets and liabilities (2.2) 2.7
Net cash (used for) provided by operating activities (33.8) 24.6
Cash flows from investing activities:    
Purchases of property, plant and equipment (15.5) (17.4)
Other investing activities 0.0 0.1
Net cash used for investing activities (15.5) (17.3)
Cash flows from financing activities:    
Proceeds from revolving credit facility 0.0 27.0
Payments on revolving credit facility (25.0) (43.0)
Payments of Financing Costs (0.1) 0.0
Payments on long-term debt (2.1) 0.0
Payments on capital lease 0.0 (0.1)
Purchases of treasury stock (51.3) (1.0)
Proceeds from exercised stock options 0.1 0.2
Value of shares withheld related to employee tax withholding (0.7) (0.5)
Net cash (used for) financing activities (79.1) (17.4)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.1 (0.4)
Net decrease in cash, cash equivalents and restricted cash (128.3) (10.5)
Cash, cash equivalents and restricted cash at beginning of year 173.8 39.0
Cash, cash equivalents and restricted cash at end of period 45.5 28.5
Cash, cash equivalents and restricted cash at end of period from discontinued operations 0.0 (3.5)
Cash, cash equivalents and restricted cash at end of period from continuing operations 45.5 32.0
Supplemental Cash Flow Disclosure:    
Amounts in accounts payable for capital expenditures 4.6 4.1
Interest paid 1.8 1.6
Income taxes paid (refunded), net $ 1.1 $ (1.6)