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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities    
Net Income $ 15.6 $ 3.2
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 10.4 11.2
Amortization of deferred financing fees 0.4 0.4
Deferred income taxes 2.1 0.0
Stock-based compensation 0.3 3.1
Dividends from unconsolidated affiliates 7.3 5.1
Other non-current liabilities (5.2) (1.2)
Other 4.9 (3.5)
Working capital changes:    
Accounts receivable (28.1) (26.8)
Inventories (11.5) (58.9)
Other current assets (13.6) (6.5)
Accounts payable 22.0 46.5
Other current liabilities (50.3) 5.0
Net cash provided by (used for) operating activities (45.7) (22.4)
Investing Activities    
Expenditures for property, plant and equipment (17.6) (8.6)
Proceeds from the sale of assets 0.2 0.6
Net Cash Provided by (Used in) Investing Activities (17.4) (8.0)
Financing Activities    
Additions to long-term debt 21.2 16.7
Reductions of long-term debt (18.2) (23.3)
Net change to revolving credit agreements 55.5 15.5
Cash dividends paid (5.3) (5.2)
Proceeds from (Payments for) Other Financing Activities (0.1) (0.1)
Net cash provided by (used for) financing activities 53.1 3.6
Effect of exchange rate changes on cash (4.2) (1.2)
Cash and Cash Equivalents    
Decrease for the period (14.2) (28.0)
Balance at the beginning of the period 64.6 83.7
Balance at the end of the period $ 50.4 $ 55.7