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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows provided by operating activities:    
Net income $ 7.6 $ 66.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 21.0 16.7
Depreciation and amortization 82.8 37.1
Amortization of deferred financing costs 2.2 0.0
Deferred income taxes (5.7) 12.8
Change in fair value of contingent consideration, net 12.4 1.9
Other 0.7 1.5
Changes in operating assets and liabilities:    
Accounts receivable (18.6) 66.5
Inventories (24.4) 17.1
Prepaid expenses and other assets (36.5) (16.1)
Accounts payable 2.5 (5.7)
Accrued expenses 5.2 2.5
Accrued compensation (2.4) 3.9
Contract liabilities 19.1 3.2
Net cash provided by operating activities: 65.9 207.6
Cash flows used in investing activities:    
Purchases of property, plant and equipment and other (50.8) (51.3)
Milestone payment from asset acquisition (10.0) 0.0
Proceeds from sale of assets 0.0 2.6
Net cash used in investing activities: (60.8) (48.7)
Cash flows provided by provided by financing activities:    
Proceeds from revolving credit facility 130.0 0.0
Principal payments on revolving credit facility (95.0) 0.0
Principal payments on term loan facility (8.4) 0.0
Issuances of stock under share-based benefit plans 5.7 11.4
Taxes paid on behalf of employees for equity activity (6.6) (6.3)
Contingent consideration payments (3.7) (2.2)
Purchase of treasury stock 0.0 (0.1)
Net cash provided by financing activities: 22.0 2.8
Effect of exchange rate changes on cash, cash equivalents and restricted cash (0.1) (0.6)
Net increase in cash, cash equivalents and restricted cash 27.0 161.1
Cash, cash equivalents and restricted cash at beginning of period 112.4 179.3
Cash, cash equivalents and restricted cash at end of period $ 139.4 $ 340.4