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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net income $ 25.3 $ 18.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Lower of cost or market adjustment to inventory 2.5 0.2
Unrealized (gain) loss on derivatives (0.7) 0.4
Depreciation 6.6 5.3
Amortization of debt issuance costs 1.4 1.3
Share-based compensation expense 1.9 1.6
Excess tax benefit from share-based compensation (0.1) (0.2)
Provision for bad debts, net of reductions 0.6 0.0
Deferred income taxes (2.6) 0.5
Loss on disposal of property, plant and equipment 0.3 0.0
Gain on sale of investment in joint venture (6.3) 0.0
Equity earnings, net of distributions 0.1 (0.5)
Change in assets and liabilities:    
Accounts receivable (13.3) (23.8)
Inventories (9.3) (1.7)
Prepaid expenses and other current assets 4.8 (2.9)
Accounts payable 23.1 23.6
Accrued liabilities (6.0) (6.4)
Income taxes, net 7.4 (2.3)
Other, net   (0.6)
Net cash provided by operating activities 35.7 13.4
Cash flows from investing activities    
Capital expenditures (7.6) (14.1)
Proceeds from sale of property, plant, and equipment 0.0 0.1
Proceeds from sale of investment in joint venture 8.0 0.0
Net cash provided by (used in) investing activities 0.4 (14.0)
Cash flows from financing activities    
Borrowings on ABL Facility 0.6 174.2
Payments on ABL Facility (0.6) (163.2)
Principal payments under capital lease obligation (0.5) 0.0
Dividends paid (1.6) (1.6)
Distribution to noncontrolling interest owner (0.2) 0.0
Proceeds from exercise of stock options 0.1 0.1
Excess tax benefit from share-based compensation 0.1 0.2
Share repurchases (0.3) (0.4)
Net cash (used in) provided by financing activities (2.4) 9.3
Effect of foreign currency exchange rates 0.1 (0.1)
Net increase (decrease) in cash 33.8 8.6
Cash at beginning of period 44.6 10.8
Cash at end of period 78.4 19.4
Noncash investing and financing activities    
Purchases of property, plant and equipment not yet paid 2.7 2.9
Acquisition of equipment under capital lease obligation $ 0.0 $ 6.0