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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities      
Net (loss) earnings $ (430.1) $ 150.4 $ 6.6
Adjustments to reconcile net (loss) earnings to cash from operating activities:      
Depreciation and amortization 53.9 62.5 60.6
Stock-based compensation 28.6 32.1 17.3
Total impairment charges 470.9 4.0 7.6
Restructuring Costs 13.5 0.0 0.0
Non-cash interest expense and amortization of debt issuance costs 0.7 8.0 8.9
Deferred income taxes 1.6 (61.2) (2.6)
Impaired Assets to be Disposed of by Method Other than Sale, Amount of Impairment Loss 0.0 0.0 1.7
Gain (Loss) on Disposition of Property Plant Equipment 0.5 0.0 0.3
Other, net (5.9) 0.0 5.0
Changes in assets and liabilities (excluding effects of foreign exchange):      
Receivables, net 11.1 (12.3) 29.0
Inventories, net (22.8) (20.7) 16.7
Prepaid and other current assets 2.0 (2.9) (0.1)
Accounts payable (41.2) 17.2 (17.5)
Accrued compensation and employee benefits (15.0) 11.9 (2.1)
Other accrued expenses (0.3) 1.8 2.6
Accrued taxes 1.3 (1.1) (5.8)
Other non-current assets and non-current liabilities 17.5 (7.6) (0.1)
Net cash provided by operating activities 86.3 182.1 128.1
Investing Activities      
Acquisitions of business (net of cash acquired) (0.7) (78.5) 0.0
Additions to property, plant, and equipment (32.1) (48.6) (31.9)
Proceeds from the sale of property, plant, and equipment 0.1 0.6 0.3
Payments for (Proceeds from) Investments (0.4) (3.5) (3.5)
Proceeds from Sale of Short-term Investments 0.4 0.4 0.0
Net cash used in investing activities (32.7) (129.6) (35.1)
Financing Activities      
Debt instrument, face amount 0.0 172.5 0.0
Payments under revolving credit facility (48.0) 0.0 (100.0)
Borrowings under revolving credit facility 23.0 70.0 100.0
Proceeds from exercise of stock-based awards 7.5 25.6 1.8
Payments for Repurchase of Common Stock (44.0) (44.5) (16.2)
Payments of debt issuance costs 0.0 0.0 (1.4)
Tax on stock option exercises and restricted and performance stock unit vesting (6.9) (7.7) (6.1)
Payments of finance lease obligations (4.8) (2.3) (2.0)
Net cash used in financing activities (73.2) (131.4) (23.9)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (1.1) 0.0 0.3
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (20.7) (78.9) 69.4
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations 48.2 68.9 147.8
Supplemental information - cash paid during the year for:      
Income taxes 6.2 16.1 16.8
Interest $ 3.6 $ 7.4 $ 8.1