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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities:    
Net income (loss) $ 18.2 $ 14.8
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:    
Depreciation 31.7 19.7
Amortization of intangible assets 1.6 0.2
Stock-based compensation expense 4.0 4.8
Amortization of deferred financing fees 0.7 0.7
Gain on sale of property, plant and equipment (1.1) (0.1)
Net unrealized foreign currency transaction (gains) losses 5.8 (0.8)
Income tax benefit from change in reserve of uncertain tax positions (11.7) 0.0
Deferred income taxes 0.9 1.0
Other 0.9 3.6
Changes in operating assets and liabilities    
Accounts receivable 0.8 (15.5)
Inventories (109.2) (62.2)
Notes receivable 3.4 3.9
Other assets (1.1) (11.4)
Accounts payable 61.1 85.4
Accrued expenses and other liabilities (0.3) 5.6
Net cash provided by operating activities 5.7 49.7
Cash Flows from Investing Activities:    
Capital expenditures (16.8) (15.4)
Proceeds from sale of property, plant and equipment 1.4 0.1
Acquisition of businesses (Note 2) 2.3 0.0
Net cash used for investing activities (13.1) (15.3)
Cash Flows from Financing Activities:    
Payments on revolving credit facility (20.0) 0.0
Other debt - net (2.3) (7.8)
Debt issuance and other debt related costs (1.8) 0.0
Exercises of stock options 0.1 5.2
Common stock repurchases (1.9) 0.0
Net cash used for financing activities (25.9) (2.6)
Effect of exchange rate changes on cash and cash equivalents 0.4 (2.0)
Net increase (decrease) in cash and cash equivalents (32.9) 29.8
Cash and cash equivalents at beginning of period 75.4 128.7
Cash and cash equivalents at end of period $ 42.5 $ 158.5