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Condensed Consolidated Statements of Cash Flows (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING ACTIVITIES    
Net earnings $ 15.8 $ 26.4
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 12.4 10.7
Provision for expected losses on accounts receivable 3.6 2.3
Share-based compensation expenses 4.3 3.6
Deferred income taxes (2.9) (0.2)
Net pension plan income (0.2) (0.2)
Gain on investment in an equity security (6.7) 0.0
Amortization of right-of-use assets 3.7 4.1
Other 0.2 0.2
Changes in operating assets and liabilities:    
Accounts receivable, net (39.7) (22.2)
Prepaid expenses and other current assets (7.2) (12.2)
Accounts payable 0.6 16.4
Income taxes payable and receivable 2.2 5.3
Accrued liabilities and other (33.1) (81.1)
Operating lease liabilities (4.1) (5.0)
Pension and other postretirement benefits plans contributions (0.4) (0.3)
Net cash used in operating activities (51.5) (52.2)
INVESTING ACTIVITIES    
Capital expenditures (10.6) (9.9)
Proceeds from sale of investment in an equity security 8.9 0.0
Net cash used in investing activities (1.7) (9.9)
FINANCING ACTIVITIES    
Revolving facility borrowings 99.0 113.0
Payments on revolving facility borrowings (33.5) (43.0)
Treasury share repurchases (18.4) (52.6)
Proceeds from exercise of stock options 1.2 0.3
Finance lease payments (0.6) (0.4)
Net cash provided by financing activities 47.7 17.3
Effect of exchange rate on cash and cash equivalents 0.1 0.7
Net decrease in cash and cash equivalents (5.4) (44.1)
Cash and cash equivalents at beginning of year 34.2 54.5
Cash and cash equivalents at end of period 28.8 10.4
Supplemental cash flow information:    
Income taxes paid (net of refunds) 2.7 2.5
Interest paid 4.1 0.9
Non-cash investing activities:    
Non-cash consideration from sale of investment in an equity security (Note 1) $ 2.9 $ 0.0