XML 72 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASHFLOWS - Statement (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net (loss) earnings $ (8.3) $ 9.5 $ (55.9)
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:      
Depreciation expense 40.6 38.5 41.2
Amortization expense, including increase to cost of goods sold for inventory acquired in business combinations 54.6 45.2 52.7
Non-cash impairment charges 4.3 0 0
Loss from debt retirement 0 6.4 33.8
Non-cash interest expense, net 2.4 5.6 6.0
Non-cash share-based compensation expense 10.5 4.6 1.7
Loss (gain) on sale of property and equipment 0.6 (0.4) 1.0
Deferred income tax (benefit) provision (7.7) 4.3 (29.1)
Changes in certain assets and liabilities, net of effects from acquisitions:      
Accounts receivable, net 5.8 18.4 7.5
Inventories (0.7) 45.9 1.8
Prepaid and other current assets (2.1) 2.8 (7.1)
Accounts payable 23.7 12.6 (15.8)
Accrued expenses and taxes 29.0 (8.8) 41.0
Long-term assets, liabilities and other, net (17.5) (20.4) 2.1
Total adjustments to net (loss) earnings 143.5 154.7 136.8
Net cash provided by operating activities 135.2 164.2 80.9
Cash flows from investing activities:      
Capital expenditures (43.8) (24.1) (21.1)
Net cash paid for businesses acquired (146.4) (2.6) (30.9)
Investment in joint venture 0 0 (5.3)
Proceeds from the sale of property and equipment 0.2 3.0 1.3
(Increase) decrease in restricted cash and marketable securities (2.4) 0.2 0.2
Other, net (0.9) 0 0.1
Net cash used in investing activities (193.3) (23.5) (55.7)
Cash flows from financing activities:      
Proceeds from borrowings 153.1 34.6 82.8
Payment of borrowings (156.0) (84.0) (140.3)
Net proceeds from the sale of the 8.5% Senior Notes due 2021 0 251.7 500.0
Net proceeds from borrowings under the Term Loan Facility 0 0 348.2
Redemption of the Term Loan Facility 0 (251.7) 0
Redemption of the 11% Senior Secured Notes due 2013 0 0 (753.3)
Fees paid in connection with debt facilities 0 (5.9) (59.6)
Net (use) proceeds from equity transactions (2.5) 1.2 (2.7)
Other, net (0.3) (0.1) 0.2
Net cash used in financing activities (5.7) (54.2) (24.7)
Net change in unrestricted cash and cash equivalents (63.8) 86.5 0.5
Unrestricted cash and cash equivalents at the beginning of the period 144.7 58.2 57.7
Unrestricted cash and cash equivalents at the end of the period $ 80.9 $ 144.7 $ 58.2