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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:        
Net earnings (loss) $ 1.3 $ 0.8 $ (3.0) $ 0.4
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:        
Earnings from discontinued operations, net of income taxes     (26.5) (4.6)
Depreciation and amortization     24.3 0.1
Deferred income tax benefit     (8.6)  
Change in fair value of common stock warrant liability (3.4) (2.4) 2.2 (3.4)
Share-based compensation expense     1.0 1.0
Amortization of debt issuance costs     3.7  
Unrealized losses on derivative financial instruments (0.5)   0.8  
Amortization of the fair value adjustment of acquired inventory     8.5  
Other     1.0 0.8
Changes in operating assets and liabilities, net of the effects of acquisition     63.0 4.3
Net cash provided by (used in) operating activities of discontinued operations     (4.7) 0.2
Net cash provided by (used in) operating activities     61.7 (1.2)
Cash flows from investing activities:        
Acquisition of business, net of cash     (524.7)  
Proceeds from sale of NABCO, net of $3.9 million held in escrow     74.0  
Purchases of property and equipment     (18.6) (0.1)
Other     (0.6)  
Net cash used in investing activities of discontinued operations       (0.1)
Net cash used in investing activities     (469.9) (0.2)
Cash flows from financing activities:        
Payment of NABCO outstanding debt     (14.3)  
Proceeds from Asset-Based Facility, net of issuance costs     117.4  
Payments on capital leases and the Asset-Based Facility     (64.2)  
Proceeds from issuance of Senior Secured Notes, 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     63.3  
Proceeds from exercise of Warrants     0.1  
Other     0.1 0.2
Net cash used in financing activities of discontinued operations     (0.4) (1.9)
Net cash provided by (used in) financing activities     390.2 (1.7)
Decrease in cash and cash equivalents     (18.0) (3.1)
Cash and cash equivalents, beginning of period     63.0 48.0
Cash and cash equivalents, end of period 45.0 44.9 45.0 44.9
Cash and cash equivalents, end of period—continuing operations 44.9 44.6 44.9 44.6
Cash and cash equivalents, end of period—discontinued operations $ 0.1 $ 0.3 $ 0.1 $ 0.3