XML 35 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net loss $ (7.8) $ (81.7)
Adjustments to reconcile net loss to operating cash flows:    
(Income) loss from discontinued operations, net of taxes (47.8) 26.2
Depreciation and amortization 15.4 16.4
Benefit for deferred income taxes (5.8) (17.8)
Amortization of debt discounts 0.8 0.4
Amortization of debt issuance costs 2.3 0.7
Loss on derivatives and warrants 0.5  
Stock-based compensation expense 4.6 1.6
Net gain on sale or disposal of certain assets (1.0) (1.1)
Changes in assets and liabilities, net of effects of dispositions:    
Restricted cash (0.1) (0.4)
Accounts receivable, net 47.9 36.7
Inventories (3.5) (7.8)
Prepaid and deferred promotion costs 2.9 1.3
Other assets (13.1) (28.4)
Unearned revenue 21.6 39.5
Income taxes (20.4) (1.2)
Accounts payable and accrued expenses (28.0) (14.5)
Other liabilities 4.8 (2.2)
Net change in cash due to continuing operating activities (26.7) (32.3)
Net change in cash due to discontinued operating activities (1.9) (2.6)
Net change in cash due to operating activities (28.6) (34.9)
Cash flows from investing activities:    
Capital expenditures (2.6) (4.9)
Proceeds from sale of a business 175.0  
Proceeds from sale of assets 1.2 8.4
Investing restricted cash (59.1)  
Net change in cash due to continuing investing activities 114.5 3.5
Net change in cash due to discontinued investing activities 2.1 (0.3)
Net change in cash due to investing activities 116.6 3.2
Cash flows from financing activities:    
Proceeds from borrowings 50.0  
Repayments of long-term revolving credit facility (35.0)  
Debt payments to related parties (45.0)  
Cash paid for financing fees (2.4) (0.2)
Repurchase of Successor Company common stock   (43.3)
Tax effect of stock compensation 1.1  
Financing restricted cash (11.9)  
Payment of prepayment penalty to related parties (5.0)  
Net change in cash due to continuing financing activities (48.2) (43.5)
Net change in cash due to discontinued financing activities (0.2)  
Net change in cash due to financing activities (48.4) (43.5)
Effect of exchange rate changes on cash and cash equivalents 2.0 4.4
Net change in cash and cash equivalents 41.6 (70.8)
Cash and cash equivalents at beginning of period 112.3 169.4
Cash and cash equivalents at end of period 153.9 98.6
Supplemental information    
Cash paid for interest 15.0 12.7
Cash paid for income taxes $ 0.1 $ 4.0