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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net income (loss) $ 14.8 $ (20.5)
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:    
Depreciation 19.7 18.1
Amortization of intangible assets 0.2 0.2
Amortization of deferred financing fees 0.7 0.7
Deferred income taxes 1.0  
Gain on sale of property, plant and equipment (0.1)  
Net unrealized foreign currency transaction (gains) losses (0.8) 5.8
Stock-based compensation expense 4.8 5.9
Other 3.6  
Changes in operating assets and liabilities:    
Accounts receivable (15.5) (6.4)
Inventories (62.2) (73.4)
Notes receivable 3.9 5.6
Other assets (11.4) (12.2)
Accounts payable 85.4 (6.5)
Accrued expenses and other liabilities 5.6 (16.0)
Net cash provided by (used for) operating activities 49.7 (98.7)
Cash Flows from Investing Activities:    
Capital expenditures (15.4) (8.0)
Proceeds from sale of fixed assets 0.1 0.1
Net cash used for investing activities (15.3) (7.9)
Cash Flows from Financing Activities:    
Proceeds from revolving credit facility   50.0
Other debt - net (7.8) (1.5)
Exercises of stock options 5.2 0.1
Common stock repurchases   (12.0)
Net cash provided by (used for) financing activities (2.6) 36.6
Effect of exchange rate changes on cash and cash equivalents (2.0) (1.0)
Net increase (decrease) in cash and cash equivalents 29.8 (71.0)
Cash and cash equivalents at beginning of period 128.7 199.3
Cash and cash equivalents at end of period $ 158.5 $ 128.3