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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities    
Net Income $ 25.3 $ 33.2
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 31.8 32.3
Amortization of deferred financing fees 1.3 1.4
Deferred income taxes (0.2) (1.3)
Stock-based compensation 0.9 6.1
Dividends from unconsolidated affiliates 7.3 5.1
Other non-current liabilities (11.9) (3.7)
Other 17.4 2.6
Working capital changes:    
Accounts receivable 60.2 (3.5)
Inventories 71.1 (73.6)
Other current assets (7.4) (4.2)
Accounts payable (44.7) (18.3)
Other current liabilities (75.0) 6.6
Net cash provided by (used for) operating activities 76.1 (17.3)
Investing Activities    
Expenditures for property, plant and equipment (37.2) (31.4)
Proceeds from the sale of assets 7.4 6.9
Net Cash Provided by (Used in) Investing Activities (29.8) (24.5)
Financing Activities    
Additions to long-term debt 70.0 52.1
Reductions of long-term debt (65.5) (63.5)
Net change to revolving credit agreements (7.2) 52.9
Cash dividends paid (16.0) (15.7)
Net cash provided by (used for) financing activities (19.1) 25.0
Effect of exchange rate changes on cash (1.9) (4.1)
Cash and Cash Equivalents    
Decrease for the period 25.3 (20.9)
Balance at the beginning of the period 64.6 83.7
Balance at the end of the period 89.9 62.8
Payments of Ordinary Dividends, Noncontrolling Interest (0.3) (0.2)
Payments of Financing Costs 0.0 (0.4)
Payments for Repurchase of Common Stock $ (0.1) $ (0.2)