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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 9.0 $ 8.1
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
LIFO and inventory provisions 7.5 4.6
Amortization of debt issuance costs 0.3 0.3
Stock-based compensation expense 2.5 2.6
Bad debt expense, net 0.6 0.5
Depreciation and amortization 10.7 9.5
Foreign currency transaction (gains) losses, net (0.8) 0.6
Deferred income taxes (0.3) 0
Changes in operating assets and liabilities:    
Accounts receivable (26.4) (28.8)
Other receivables 3.4 0.5
Inventories (41.9) 24.9
Deposits, prepayments and other non-current assets (20.0) (6.0)
Accounts payable 39.1 21.6
Cigarette and tobacco taxes payable (2.4) (2.2)
Pension, claims and other accrued liabilities (1.7) (0.9)
Income taxes payable 0.5 0
Net cash (used in) provided by operating activities (19.9) 35.3
Cash flows from investing activities:    
Acquisition of business, net of cash acquired (51.4) 0
Restricted cash (3.4) (0.2)
Additions to property and equipment, net (5.8) (5.5)
Capitalization of software 0 (0.9)
Net cash used in investing activities (60.6) (6.6)
Cash flows from financing activities:    
Borrowings (repayments) under revolving credit facility, net 76.1 (19.2)
Payments of financing costs (0.7) (1.8)
Repurchases of common stock (5.4) 0
Proceeds from exercise of common stock options and warrants 4.3 2.9
Tax withholdings related to net share settlements of restricted stock units (0.9) (1.0)
Excess tax deductions associated with stock-based compensation 1.4 0.8
Increase (decrease) in book overdrafts 9.0 (12.9)
Net cash provided by (used in) financing activities 83.8 (31.2)
Effects of changes in foreign exchange rates 0 (0.3)
Increase (decrease) in cash and cash equivalents 3.3 (2.8)
Cash and cash equivalents, beginning of period 16.1 17.7
Cash and cash equivalents, end of period 19.4 14.9
Supplemental disclosures:    
Income taxes paid, net of refunds 0.3 11.5
Interest paid $ 1.0 $ 0.6