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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities      
Net income (loss) $ 55.8 $ 39.2 $ (123.6)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Asset impairment expense 0.0 0.0 171.9
Depreciation expense 60.0 56.6 60.6
Amortization of intangible assets 2.9 3.2 3.1
Loss on debt extinguishment 1.1 0.0 0.0
Stock-based compensation expense 10.9 11.5 8.5
Amortization of deferred financing fees 1.4 1.3 1.4
Gain on sale of property, plant, and equipment 0.0 0.0 (0.9)
Net unrealized foreign currency transaction gains 0.0 0.0 (3.2)
Income tax benefit from change in reserve of uncertain tax positions 0.0 0.0 (11.0)
Deferred income tax expense (benefit) - net (55.6) (6.0) 4.4
Other 0.0 9.3 0.9
Changes in operating assets and liabilities      
Accounts receivable 9.0 (9.3) (36.4)
Inventories 21.4 (46.7) (42.0)
Notes receivable 0.0 0.0 8.3
Other assets 8.5 (4.0) 5.8
Accounts payable (39.1) (28.5) 40.4
Accrued expenses and other liabilities (27.1) 36.4 (11.3)
Net cash provided by operating activities 49.2 63.0 76.9
Cash Flows From Investing Activities      
Capital expenditures (45.7) (77.4) (61.8)
Proceeds from sale of fixed assets 4.8 5.6 1.5
Acquisition of business 0.0 0.0 2.3
Other 0.5 0.0 0.0
Net cash used for investing activities (40.4) (71.8) (58.0)
Cash Flows From Financing Activities      
Payments on revolving credit facility (20.0) (20.0) (20.0)
Proceeds from revolving credit facility 40.7 0.0 0.0
Payments on long-term debt (300.0) 0.0 0.0
Proceeds from long-term debt (300.0) 0.0 0.0
Proceeds from (payments on) other debt - net 6.6 3.8 (5.1)
Debt issuance and other debt related costs (7.4) 0.0 (1.9)
Exercises of stock options 0.0 0.3 0.1
Common stock repurchases (5.7) (5.5) (3.0)
Other financing activities (7.5) 0.0 0.0
Net cash provided by (used for) financing activities 6.7 (21.4) (29.9)
Effect of exchange rate changes on cash and cash equivalents (1.9) 0.2 0.0
Net increase (decrease) in cash and cash equivalents 13.6 (30.0) (11.0)
Cash and cash equivalents at beginning of period 34.4 64.4 75.4
Cash and cash equivalents at end of period 48.0 34.4 64.4
Supplemental Cash Flow Information      
Interest paid 36.6 34.0 30.8
Income taxes paid $ 12.9 $ 10.1 $ 7.3