XML 18 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net income $ 71.7 $ 57.7
Amortization of inventory step-up 0.0 0.9
Loss on disposal of assets 0.1 0.2
Depreciation 25.5 26.3
Amortization of debt issuance costs 1.5 2.4
Amortization of intangibles 27.2 26.4
Stock-based compensation 6.0 11.9
Loss on debt extinguishment 0.3 0.0
Changes in balance sheet items:    
Accounts receivable 46.2 64.6
Inventories (81.2) (48.4)
Other assets (0.6) (5.0)
Accounts payable 39.1 (3.5)
Accrued expenses and other liabilities (58.1) (20.0)
Accrued income taxes 7.0 2.2
Net cash provided by operating activities 84.7 115.7
Investing activities    
Additions to property, plant and equipment (26.3) (18.8)
Proceeds from the disposition of assets 0.2 0.1
Cost of acquisitions, net of cash acquired (37.3) (292.3)
Net cash used by investing activities (63.4) (311.0)
Financing activities    
Proceeds from long-term borrowings 217.4 474.1
Repayments of long-term debt (118.3) (180.5)
Payments for debt issuance costs (0.6) (3.5)
Dividends paid (18.9) 0.0
Repurchases of common stock (75.0) (36.3)
Payments related to tax withholding for stock-based compensation (7.5) (9.3)
Proceeds from the exercise of stock options 6.8 3.2
Net cash provided by financing activities 3.9 247.7
Effect of foreign exchange rate changes on cash and cash equivalents (7.1) 6.0
Net increase in cash and cash equivalents 18.1 58.4
Cash and cash equivalents    
Beginning of the period 76.9 42.9
End of the period $ 95.0 $ 101.3