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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities      
Net income (loss) $ 39.2 $ (123.6) $ 11.0
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Asset impairment expense 0.0 171.9 1.9
Depreciation 56.6 60.6 45.5
Amortization of intangible assets 3.2 3.1 1.4
Stock-based compensation expense 11.5 8.5 7.1
Amortization of deferred financing fees 1.3 1.4 1.5
Loss (gain) on sale of property, plant and equipment 0.0 (0.9) 0.2
Net unrealized foreign currency transaction losses (gains) (4.5) (3.2) 0.7
Income tax benefit from change in reserve of uncertain tax positions 0.0 (11.0) 0.0
Deferred income tax expense (benefit) - net (6.0) 4.4 0.6
Loss on foreign currency adjustments 9.3 0.0 0.0
Other 0.0 0.9 3.2
Changes in operating assets and liabilities      
Accounts receivable (9.3) (36.4) (5.2)
Inventories (46.7) (42.0) (68.3)
Notes receivable 5.7 8.3 1.0
Other assets (5.2) 5.8 (7.6)
Accounts payable (28.5) 40.4 62.9
Accrued expenses and other liabilities 36.4 (11.3) 20.3
Net cash provided by operating activities 63.0 76.9 76.2
Cash Flows From Investing Activities      
Capital expenditures (77.4) (61.8) (40.4)
Proceeds from sale of fixed assets 5.6 1.5 0.3
Acquisition of business (Note 3) 0.0 2.3 (186.2)
Net cash used for investing activities (71.8) (58.0) (226.3)
Cash Flows From Financing Activities      
Proceeds from (payments on) revolving credit facility - net 0.0 (20.0) (100.0)
Payments on revolving credit facility (20.0) 0.0 0.0
Proceeds from (payments on) other debt - net 3.8 (5.1) (4.9)
Debt issuance and other debt related costs 0.0 (1.9) 0.0
Exercises of stock options 0.3 0.1 5.8
Common stock repurchases (5.5) (3.0) 0.0
Net cash provided by (used for) financing activities (21.4) (29.9) 100.9
Effect of exchange rate changes on cash and cash equivalents 0.2 0.0 (4.1)
Net decrease in cash and cash equivalents (30.0) (11.0) (53.3)
Cash and cash equivalents at beginning of period 64.4 75.4 128.7
Cash and cash equivalents at end of period 34.4 64.4 75.4
Supplemental Cash Flow Information      
Interest paid 34.0 30.8 28.9
Income taxes (paid) refunded $ (10.1) $ (7.3) $ 3.7