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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income/(loss) $ 127.0 $ 27.7 $ (25.5)
Adjustments to reconcile net income/(loss) to net cash flows:      
Depreciation 39.0 51.9 57.8
Amortization of intangible assets 55.2 70.4 69.8
Amortization of deferred financing costs 1.0 4.0 4.6
Loss on foreign currency, net 1.8 1.5 1.2
Accretion of debt discount 0.2 0.4 0.5
Non-cash amortization of interest rate swap expense   25.7 9.0
Impairment charges 13.2 142.4 147.5
Payment for interest rate swap settlement     (34.7)
Unrealized gain on investment in MTEK Industry AB (0.7)    
Loss (gain) on disposals and other 0.3 (0.3) 0.7
Loss on extinguishment of debt   15.4  
Loss on debt redemption 0.1    
Benefit for deferred taxes (32.1) (82.1) (28.3)
Stock based compensation 15.3 15.7 13.2
Amortization of inventory fair value adjustment 2.4    
Changes in assets and liabilities, net of assets acquired:      
Trade receivables (37.6) 4.4 10.6
Inventories (79.0) (67.4) 19.0
Accounts payable and accrued liabilities 6.0 37.0 18.8
Other current assets and liabilities 19.5 (22.4) (4.5)
Other operating assets and liabilities (6.6) (7.3) 2.8
Net cash provided by operating activities 125.0 217.0 262.5
Cash flows from investing activities      
Purchase of property, plant and equipment (55.9) (40.6) (33.7)
Proceeds from sale of property   2.2  
Proceeds from sale of JVS business 321.7    
Proceeds from cross currency interest rate swap settlement     56.2
Investment in MTEK Industry AB (4.6)   (5.0)
Acquisition of Nook Industries, net of cash acquired (8.1) (125.2)  
Net cash provided by (used in) investing activities 253.1 (163.6) 15.6
Cash flows from financing activities      
Payments of debt issuance costs   (3.7)  
Payments on Term Loan Facility (10.0)    
Payments on Revolving Credit Facility (355.0) (5.0) (100.0)
Borrowing under Term Loan A Facility   400.0  
Borrowing under Revolving Credit Facility 15.0 610.0 100.0
Repurchase of Note (16.4)    
Dividend payments (22.3) (18.3) (27.8)
Payments of equipment, working capital notes, mortgages and other debt (1.1) (5.9) (1.5)
Proceeds from equipment, working capital notes, mortgages and other debt 0.2 3.7  
Shares surrendered for tax withholding (6.1) (5.5) (3.9)
Proceeds from issuance of common stock upon exercise of options   2.2  
Net cash used in financing activities (395.7) (52.5) (193.2)
Effect of exchange rate changes on cash and cash equivalents (19.6) (9.2) 2.2
Net change in cash and cash equivalents (37.2) (8.3) 87.1
Cash and cash equivalents at beginning of year 246.1 254.4 167.3
Cash and cash equivalents at end of year 208.9 246.1 254.4
Cash paid during the year for:      
Interest paid on borrowings 50.4 49.3 58.1
Income taxes paid 85.1 82.3 61.7
Non-cash Financing and Investing:      
Nook Industries purchase price holdback   8.2  
Acquisition of property, plant and equipment included in accounts payable $ 2.7 6.8 4.3
A & S Business [Member]      
Cash flows from investing activities      
Business acquisition purchase price adjustment     (1.9)
Term Loan B      
Cash flows from financing activities      
Payments on Term Loan Facility   $ (1,030.0) $ (160.0)