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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Apr. 01, 2016
Mar. 27, 2015
Operating activities:    
Net income $ 81.2 $ 44.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19.0 18.1
Amortization of debt issuance costs 0.1 0.1
Stock-based compensation expense 4.7 3.6
Asset impairment, net 0.0 1.4
Change in uncertain tax positions 0.1 0.1
Loss (gain) on disposal of property, plant and equipment 3.1 (1.2)
Deferred income taxes (1.5) (0.5)
Excess tax benefit from stock-based compensation 0.0 (0.2)
Foreign currency translation adjustment 1.6 (4.1)
Changes in operating assets and liabilities:    
Receivables (14.8) (49.8)
Inventories (9.6) (16.9)
Prepaid expenses and other current assets 4.6 (0.1)
Accounts payable and accrued expenses 5.5 20.4
Other noncurrent assets and liabilities (1.1) (1.6)
Net cash provided by operating activities 92.9 13.5
Investing activities:    
Capital expenditures (34.1) (25.2)
Proceeds from sales of property, plant and equipment 0.4 2.9
Net cash used in investing activities (33.7) (22.3)
Financing activities:    
Proceeds from long-term debt 150.3 244.4
Payments on long-term debt (128.2) (170.2)
Proceeds from stock options exercised 0.5 17.4
Excess tax benefit from stock-based compensation 0.0 0.2
Dividends paid (6.4) (6.5)
Repurchase and retirement of ordinary shares (66.4) (84.8)
Net cash (used in) provided by financing activities (50.2) 0.5
Effect of exchange rate changes on cash 1.0 2.8
Net increase (decrease) in cash and cash equivalents 10.0 (5.5)
Cash and cash equivalents, beginning 24.9 34.1
Cash and cash equivalents, ending 34.9 28.6
Supplemental cash flow information:    
Cash paid for interest 0.8 1.0
Cash paid for income taxes 2.1 1.4
Non-cash financing and investing activities:    
Purchase of assets under capital lease obligations 0.0 0.7
Retirement of ordinary shares $ 64.6 $ 69.7