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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 22.7 $ 35.5
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
LIFO and inventory provisions 14.6 10.0
Amortization of debt issuance costs 0.6 0.3
Stock-based compensation expense 3.5 5.5
Bad debt expense, net 0.9 1.6
Depreciation and amortization 39.6 31.2
Foreign currency (gains) loss, net (1.9) 0.1
Deferred income taxes 2.1 3.6
Pension settlement expenses 0.0 1.2
Changes in operating assets and liabilities:    
Accounts receivable, net (48.7) (48.6)
Other receivables, net 6.2 (39.2)
Inventories, net (2.7) (74.3)
Deposits, prepayments and other non-current assets 36.3 (31.6)
Accounts payable 53.5 (25.9)
Cigarette and tobacco taxes payable (23.0) 36.2
Pension, claims, accrued and other long-term liabilities 5.6 39.3
Excess tax deductions associated with stock-based compensation 0.0 (2.8)
Net cash provided by (used in) operating activities 109.3 (57.9)
Cash flows from investing activities:    
Acquisition of business (169.0) (88.4)
Change in restricted cash 15.3 0.5
Additions to property and equipment, net (44.0) (44.5)
Capitalization of software and related development costs (3.4) (5.1)
Net cash used in investing activities (201.1) (137.5)
Cash flows from financing activities:    
Borrowings under revolving credit facility 1,273.9 1,164.8
Repayments under revolving credit facility (1,135.9) (949.9)
Payments of financing costs (1.8) (1.5)
Payments on capital leases (1.5) (1.8)
Dividends paid (12.6) (11.3)
Repurchases of common stock (3.6) (7.2)
Proceeds from exercise of common stock options 0.0 0.3
Tax withholdings related to net share settlements of restricted stock units (3.6) (5.4)
Excess tax deductions associated with stock-based compensation 0.0 2.8
Increase in book overdrafts 7.4 13.7
Net cash provided by financing activities 122.3 204.5
Effects of changes in foreign exchange rates (1.1) 1.3
Change in cash and cash equivalents 29.4 10.4
Cash and cash equivalents, beginning of period 26.4 12.5
Cash and cash equivalents, end of period 55.8 22.9
Cash paid during the period for:    
Income taxes, net 13.0 14.4
Interest 6.5 2.3
Non-cash capital lease obligations incurred 0.7 0.2
Non-cash indemnification holdback 5.0 0.0
Unpaid property and equipment purchases included in accrued liabilities $ 0.3 $ 1.3