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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities:    
Net income $ 20.5 $ 14.6
Adjustments to reconcile net income to cash provided by (used for) operating activities:    
Depreciation 46.2 29.5
Asset impairment expense 0.0 1.9
Amortization of intangible assets 2.4 0.7
Stock-based compensation expense 5.6 6.4
Amortization of deferred financing fees 1.0 1.1
Gain on sale of property, plant and equipment (0.9) (0.1)
Net unrealized foreign currency transaction losses 6.4 1.1
Income tax benefit from change in reserve of uncertain tax positions (11.7) 0.0
Deferred income taxes 0.9 0.9
Other 0.9 3.6
Changes in operating assets and liabilities    
Accounts receivable 10.7 13.0
Inventories (136.1) (94.4)
Notes receivable 7.1 (1.0)
Other assets (0.6) (10.3)
Accounts payable 39.8 77.1
Accrued expenses and other liabilities 7.3 24.0
Net cash provided by (used for) operating activities (0.5) 68.1
Cash Flows from Investing Activities:    
Capital expenditures (31.8) (22.3)
Proceeds from sale of property, plant and equipment 1.5 0.1
Acquisition of businesses (Note 2) 2.3 (50.9)
Net cash used for investing activities (28.0) (73.1)
Cash Flows from Financing Activities:    
Proceeds from revolving credit facility - net 4.0 100.0
Other debt - net (4.0) (3.4)
Debt issuance and other debt related costs (1.9) 0.0
Exercises of stock options 0.1 5.8
Common stock repurchases (1.9) 0.0
Net cash provided by (used for) financing activities (3.7) 102.4
Effect of exchange rate changes on cash and cash equivalents (0.6) (3.8)
Net increase (decrease) in cash and cash equivalents (32.8) 93.6
Cash and cash equivalents at beginning of period 75.4 128.7
Cash and cash equivalents at end of period $ 42.6 $ 222.3