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Condensed Consolidated Statements of Cash Flows (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING ACTIVITIES    
Net earnings $ 26.4 $ 35.2
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 10.7 9.8
Provision for expected losses on accounts receivable 2.3 1.1
Share-based compensation 3.6 3.1
Deferred income taxes (0.2) 3.2
Net pension plan income (0.2) (1.0)
Amortization of right-of-use assets 4.1 4.4
Other 0.2 0.9
Changes in operating assets and liabilities:    
Accounts receivable, net (22.2) (63.1)
Prepaid expenses and other current assets (12.2) (14.3)
Accounts payable 16.4 4.0
Income taxes payable and receivable 5.3 5.0
Accrued liabilities and other (81.1) (20.5)
Operating Lease liabilities (5.0) (5.8)
Pension and other postretirement benefits plan contributions (0.3) (0.3)
Net cash used in operating activities (52.2) (38.3)
INVESTING ACTIVITIES    
Capital expenditures (9.9) (8.0)
Net cash used in investing activities (9.9) (8.0)
FINANCING ACTIVITIES    
Revolving facility borrowings 113.0 105.0
Payments on revolving facility borrowings (43.0) (83.0)
Treasury share repurchases (52.6) (11.2)
Proceeds from Stock Options Exercised 0.3 0.0
Finance lease payments (0.4) 0.0
Net cash provided by financing activities 17.3 10.8
Effect of exchange rate on cash and cash equivalents 0.7 0.4
Net decrease in cash and cash equivalents (44.1) (35.1)
Cash and cash equivalents at beginning of year 54.5 73.6
Cash and cash equivalents at end of period 10.4 38.5
Supplemental cash flow information    
Income taxes paid (net of refunds) 2.5 2.5
Interest paid $ 0.9 $ 0.3