XML 18 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Condensed Statements of Cash Flow - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Dec. 30, 2023
OPERATING ACTIVITIES      
Net earnings (loss) $ (13.7) $ 18.0  
Adjustments to reconcile net earnings (loss) to net cash used in operating activities:      
Depreciation and amortization 7.1 8.5  
Deferred income taxes 0.0 (3.8)  
Stock-based compensation expense 4.1 4.5  
Pension and SERP expense (0.2) 0.4  
Impairment, Long-Lived Asset, Held-for-Use 6.1 0.0  
Environmental and other related costs, net of cash payments (10.0) (1.3)  
Gain on sale of businesses, trademarks and intangible assets 0.0 20.1  
Other (2.6) (1.4)  
Changes in operating assets and liabilities:      
Accounts receivable (2.6) (10.9)  
Inventories 15.8 20.1  
Other operating assets 5.1 (10.1)  
Accounts payable (3.7) (49.4)  
Income taxes payable (0.4) 13.0  
Other operating liabilities (42.2) (65.3)  
Net cash used in operating activities (37.2) (97.8)  
INVESTING ACTIVITIES      
Additions to property, plant and equipment (5.1) (7.3)  
Proceeds from sale of businesses, intangible assets and other assets, net of cash disposed of 92.5 81.9  
Other (2.0) (0.1)  
Net cash provided by investing activities 85.4 74.5  
FINANCING ACTIVITIES      
Repayments of Lines of Credit (146.0) (225.0)  
Proceeds from Lines of Credit 106.0 250.0  
Cash Received From Borrowings Against Company Owned Life Insurance Policies 7.0 0.0  
Payments on long-term debt (24.2) (2.5)  
Cash dividends paid (8.1) (8.4)  
Payment, Tax Withholding, Share-based Payment Arrangement (1.6) (5.5)  
Proceeds from the exercise of stock options 0.0 0.1  
Net cash provided by (used in) financing activities (66.9) 8.7  
Effect of foreign exchange rate changes 3.8 (0.3)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (14.9) (14.9)  
Cash and cash equivalents at beginning of the year 184.6 135.5 $ 135.5
Cash and cash equivalents at end of the quarter $ 169.7 $ 120.6 $ 184.6