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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
OPERATING ACTIVITIES    
Net income $ 8.9 $ 13.5
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation and amortization 29.9 30.3
Deferred income taxes (1.0) 2.6
Net pension expense 13.4 11.5
Share-based compensation expense 2.7 2.5
Net loss on disposal of property and equipment 0.1 0.0
Changes in working capital and other:    
Accounts receivable 24.4 16.2
Inventories (33.0) (30.8)
Other current assets (4.8) (6.3)
Accounts payable 2.5 1.3
Accrued liabilities (1.6) (17.2)
Pension plan contributions 0.0 (2.8)
Other postretirement plan contributions (3.4) (3.6)
Other, net 3.4 (2.2)
Net cash provided from operating activities 41.5 15.0
INVESTING ACTIVITIES    
Purchases of property, equipment and software (29.9) (59.0)
Proceeds from disposals of property and equipment 0.0 0.1
Other 4.0 0.0
Net cash used for investing activities (25.9) (58.9)
FINANCING ACTIVITIES    
Dividends paid (9.0) (9.6)
Purchase of treasury stock (45.9) 0.0
Payments on seller financed debt related to software (1.2) 0.0
Tax benefits on share-based compensation 0.0 0.1
Proceeds from stock options exercised 0.1 0.7
Net cash used for financing activities (56.0) (8.8)
Effect of exchange rate changes on cash and cash equivalents 1.0 (1.3)
DECREASE IN CASH AND CASH EQUIVALENTS (39.4) (54.0)
Cash and cash equivalents at beginning of period 70.0 120.0
Cash and cash equivalents at end of period 30.6 66.0
Non-cash investing activities:    
Acquisition of property, equipment and software 10.7 37.9
Non-cash financing activities:    
Seller financed debt related to purchase of software $ 0.0 $ 4.9