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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
1 Months Ended 5 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 02, 2019
Jun. 30, 2018
Cash Flows from Operating Activities      
Net loss $ (10.5) $ (19.0) $ (4.9)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 4.7 26.6 32.2
Amortization of deferred financing costs 0.2 7.5 1.4
Loss on disposal of fixed assets 0.0 1.0 0.7
Deferred income taxes (0.4) 0.6 (2.4)
Loss (gain) on derivative contract 5.4 0.0 (0.7)
Currency gain on foreign denominated notes payable (0.8) (2.4) (3.3)
Restricted stock unit grants 0.2 0.0 0.0
Changes in operating assets and liabilities:      
(Increase) decrease in receivables, net (1.1) 3.5 (1.5)
Decrease (increase) in inventory 1.1 (1.3) 0.1
(Increase) decrease in prepaid expenses and other assets (0.3) 2.7 0.6
Increase in other assets (0.1) (1.3) (1.8)
(Decrease) increase in accounts payable (25.8) (2.8) 1.0
Increase (decrease) in accrued liabilities 0.9 7.1 (1.6)
Increase (decrease) in other liabilities 1.9 2.3 (0.1)
Net cash (used in) provided by operating activities (24.6) 24.5 19.7
Capital expenditures:      
Converter equipment (2.5) (9.9) (15.0)
Other fixed assets (0.2) (0.6) (0.1)
Total capital expenditures (2.7) (10.5) (15.1)
Cash paid for acquisitions (944.8) 0.0 0.0
Patent and trademark expenditures (0.1) (0.3) (0.3)
Net cash used in investing activities (947.6) (10.8) (15.4)
Cash Flows from Financing Activities      
Proceeds from issuance of term loans and credit facility 539.0 0.0 0.0
Proceeds from sale of common stock 302.4 0.0 0.0
Redemption of stock (158.3) 0.0 0.0
Financing costs of debt facilities (12.6) 0.0 0.0
Payments on term loans and credit facility 0.0 (13.3) (2.6)
Payment of promissory note (4.0)   0.0
Net cash provided by (used in) financing activities 666.5 (13.3) (2.6)
Effect of Exchange Rate Changes on Cash 7.4 (7.7) (0.1)
Net Increase (Decrease) in Cash and Cash Equivalents (298.3) (7.3) 1.6
Cash and Cash Equivalents, beginning of period 10.2 17.5 8.6
Cash and Cash Equivalents, end of period $ 11.5 $ 10.2 $ 10.2