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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 21.2 $ 19.0
Adjustments to reconcile net income to net cash provided by operating activities:    
LIFO and inventory provisions 15.6 14.4
Amortization of debt issuance costs 0.4 0.4
Stock-based compensation expense 4.1 4.1
Credit loss expense, net 4.6 4.0
Impairment charge and other 0.3 0.0
Loss on disposals 0.1 0.1
Depreciation and amortization 32.4 30.9
Foreign currency losses, net 0.2 1.2
Deferred income taxes 0.4 (0.4)
Changes in operating assets and liabilities:    
Accounts receivable, net (86.1) (79.3)
Other receivables, net (5.1) (17.8)
Inventories, net 12.4 89.6
Deposits, prepayments and other non-current assets 48.1 (54.5)
Accounts payable 114.1 62.4
Cigarette and tobacco taxes payable 49.0 (54.1)
Claims, accrued and other long-term liabilities 7.3 10.8
Net cash provided by operating activities 219.0 30.8
Cash flows from investing activities:    
Additions to property and equipment, net (9.8) (9.2)
Capitalization of software and related development costs (0.9) (2.1)
Proceeds from sale of property and equipment, net 0.0 0.2
1100000 1.1 0.0
Net cash used in investing activities (9.6) (11.1)
Cash flows from financing activities:    
Borrowings under the Credit Facility 884.8 861.2
Repayments under the Credit Facility (984.6) (870.5)
Payments on finance leases (5.5) (2.1)
Dividends paid (11.1) (10.2)
Repurchases of common stock (5.5) 0.0
Tax withholdings related to net share settlements of restricted stock units (2.4) (2.1)
Increase in book overdrafts 8.0 10.3
Net cash used in financing activities (116.3) (13.4)
Effects of changes in foreign exchange rates 1.0 (0.3)
Change in cash and cash equivalents 94.1 6.0
Cash and cash equivalents, beginning of period 14.1 27.3
Cash and cash equivalents, end of period 108.2 33.3
Cash (paid) received during the period for:    
Income taxes, net (8.9) (10.1)
Interest (4.3) (5.4)
Operating lease liabilities arising from obtaining new right-of-use assets 2.0 0.9
Finance lease liabilities arising from obtaining new right-of-use assets 27.9 13.7
Non-cash transactions between other non-current assets and other long-term liabilities $ 0.0 $ 3.3