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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities:    
Net income $ 16.5 $ 3.1
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 13.9 16.1
Amortization of intangible assets 1.0 0.8
Stock-based compensation expense 3.1 3.1
Amortization of deferred financing fees 0.3 0.4
Net unrealized foreign currency transaction losses (gains) (1.6) 1.4
Changes in operating assets and liabilities:    
Accounts receivable 17.1 (7.7)
Inventories (100.6) (69.4)
Notes receivable 1.7 3.0
Other assets 3.2 0.4
Accounts payable 56.2 54.6
Accrued expenses and other liabilities 4.6 (0.2)
Net cash provided by operating activities 15.4 5.6
Cash Flows from Investing Activities:    
Capital expenditures (10.6) (8.7)
Proceeds from sale of fixed assets 2.0 0.0
Net cash used for investing activities (8.6) (8.7)
Cash Flows from Financing Activities:    
Payments on revolving credit facility - net (10.0) (20.0)
Other debt - net (1.9) (0.8)
Exercises of stock options 0.3 0.1
Common stock repurchases (3.5) 0.0
Net cash used for financing activities (15.1) (20.7)
Effect of exchange rate changes on cash and cash equivalents 0.4 0.0
Net decrease in cash and cash equivalents (7.9) (23.8)
Cash and cash equivalents at beginning of period 64.4 75.4
Cash and cash equivalents at end of period $ 56.5 $ 51.6