XML 19 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Statement of Cash Flows [Abstract]      
Net earnings (loss) $ 10.2 $ (12.4)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 41.9 47.4  
Impairment charges 0.8 3.8  
Amortization of debt issuance costs and original issue discount 0.6 0.6  
Gain on debt extinguishment 0.0 (0.6) $ (0.6)
Stock-based compensation 3.0 2.8  
Loss on the sale of a businesses 0.0 2.9  
Gain on the sale or disposal of property, plant and equipment (7.0) (0.8)  
Deferred income taxes 0.1 12.6  
Equity in earnings of unconsolidated entity (0.1) 0.0  
Changes in operating assets and liabilities—net of acquisitions and divestitures 23.4 (11.6)  
Net cash provided by operating activities 72.9 44.7  
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (16.9) (29.0)  
Cost investment in unconsolidated entities (0.3) 0.0  
Proceeds from the sale of property, plant and equipment 11.4 3.6  
Proceeds from the sale of businesses 0.0 41.3  
Acquisition of businesses—net of cash acquired 0.0 (1.6)  
Other investing activities (0.2) 0.0  
Net cash (used in) provided by investing activities (6.0) 14.3  
FINANCING ACTIVITIES      
Payments of long-term debt (33.9) (43.9)  
Payments of finance lease obligations (0.8) (3.1)  
Borrowings on revolving credit facilities 4.4 204.8  
Payments on revolving credit facilities (5.7) (76.7)  
Equity awards redeemed to pay employees’ tax obligations (1.1) (1.0)  
Payment of cash dividends (1.4) (9.5)  
Other financing activities (2.9) 0.1  
Net cash (used in) provided by financing activities (41.4) 70.7  
Effect of exchange rates on cash and cash equivalents (0.1) (0.6)  
Net increase in cash and cash equivalents 25.4 129.1  
Cash and cash equivalents at beginning of period 55.2 78.7 78.7
Cash and cash equivalents at end of period $ 80.6 $ 207.8 $ 55.2