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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:        
Net loss $ (10.8) $ (0.5) $ (4.3) $ (0.4)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Earnings from discontinued operations, net of income taxes     (27.2) (3.1)
Depreciation and amortization     13.9 0.1
Deferred income tax benefit     (7.2)  
Change in fair value of common stock warrant liability 6.3 (0.2) 5.6 (1.0)
Share-based compensation expense     0.6 0.8
Amortization of debt issuance costs     2.4  
Unrealized losses on derivative financial instruments 1.4   1.3  
Amortization of the fair value adjustment of acquired inventory     7.2  
Goodwill impairment   0.4   0.4
Inventory impairment       0.4
Other     0.6  
Changes in operating assets and liabilities, net of the effects of acquisition     62.6 2.0
Net cash used in operating activities of discontinued operations     (0.6) (0.6)
Net cash provided by (used in) operating activities     54.9 (1.4)
Cash flows from investing activities:        
Acquisition of business, net of cash     (522.3)  
Proceeds from sale of NABCO, net of $3.9 million held in escrow     74.1  
Purchases of property and equipment     (10.0) (0.1)
Other     (0.2)  
Net cash used in investing activities of discontinued operations       (0.1)
Net cash used in investing activities     (458.4) (0.2)
Cash flows from financing activities:        
Payment of NABCO outstanding debt     (14.3)  
Proceeds from Asset-Based Facility, net of issuance costs     92.4  
Payments on capital leases and the Asset-Based Facility     (45.3)  
Proceeds from issuance of Senior Secured Note, net of debt issuance costs     287.1  
Proceeds from exercise of common stock options     1.1  
Proceeds from issuance of common stock, net of issuance costs     58.2  
Proceeds from exercise of Warrants 0.1   0.1  
Other       (0.1)
Net cash used in financing activities of discontinued operations     (0.4) (1.4)
Net cash provided by (used in) financing activities     378.9 (1.5)
Effect of exchange rate differences on cash and cash equivalents     0.2  
Decrease in cash and cash equivalents     (24.4) (3.1)
Cash and cash equivalents, beginning of period     63.0 48.0
Cash and cash equivalents, end of period 38.6 44.9 38.6 44.9
Cash and cash equivalents, end of period - continuing operations 38.5 44.5 38.5 44.5
Cash and cash equivalents, end of period - discontinued operations $ 0.1 $ 0.4 $ 0.1 $ 0.4