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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES      
Net income $ 80.3 $ 73.0 $ 51.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 33.3 32.0 31.5
Stock-based compensation 6.4 5.8 6.5
Excess tax benefit from stock-based compensation (Note 9) 0.0 0.0 (2.6)
Deferred income tax provision (0.2) 16.9 8.3
Non-cash effects of changes in liabilities for uncertain income tax positions (0.1) (1.5) (0.1)
Pension settlement charge, net of plan payments 0.6 0.8 0.0
Non-cash loss on discontinued operations 0.0 0.0 12.0
Loss (gain) on asset dispositions 0.2 0.1 (0.1)
Net cash (used in) provided by changes in operating working capital, net of effect of acquisitions (Note 15) (11.8) (1.2) 1.8
Pension and other post-employment benefits (8.0) (10.9) 2.9
Other (0.7) 0.8 (0.1)
NET CASH PROVIDED BY OPERATING ACTIVITIES 100.0 115.8 111.2
INVESTING ACTIVITIES      
Capital expenditures (42.7) (68.5) (48.1)
Purchases of marketable securities (0.6) (0.1) (0.2)
Asset acquisition (8.0) 0.0 0.0
Net proceeds from sale of discontinued operations 0.0 0.0 5.4
Proceeds from sale of property, plant and equipment 0.0 0.1 0.5
Acquisitions (Note 4) (43.1) 0.0 (118.2)
Other (0.6) 0.3 0.5
NET CASH USED IN INVESTING ACTIVITIES (95.0) (68.2) (160.1)
FINANCING ACTIVITIES      
Proceeds from issuance of long-term debt (Note 7) 323.7 243.0 151.6
Debt issuance costs (0.3) (0.1) 0.0
Repayments of long-term debt (Note 7) (293.3) (252.9) (145.6)
Proceeds from exercise of stock options 0.4 0.4 1.2
Excess tax benefit from stock-based compensation (Note 9) 0.0 0.0 2.6
Cash dividends paid (25.1) (22.4) (20.3)
Shares purchased (Note 10) (9.3) (16.4) (8.4)
Other 0.1 0.0 0.1
NET CASH USED IN FINANCING ACTIVITIES (3.8) (48.4) (18.8)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 0.2 (0.3) (0.7)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1.4 (1.1) (68.4)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 3.1 4.2 72.6
CASH AND CASH EQUIVALENTS, END OF YEAR $ 4.5 $ 3.1 $ 4.2