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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
OPERATING ACTIVITIES    
Net income (loss) $ (10.5) $ 32.0
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 26.9 25.5
Stock-based compensation expense 4.4 2.8
Changes in operating assets and liabilities:    
Accounts receivable 9.6 (20.6)
Inventories 20.8 (6.8)
Prepaid and other current assets 0.6 (3.0)
Accounts payable and accrued expenses (18.2) 5.4
Other (0.8) (1.8)
Net cash provided by operating activities 32.8 33.5
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (14.9) (31.6)
Proceeds from sale of an asset 1.4 0.0
Business acquisitions, net of cash acquired 0.0 (8.1)
Net cash used by investing activities (13.5) (39.7)
FINANCING ACTIVITIES    
(Payments on) proceeds from revolving credit facility, net (7.7) 20.9
Payments on other debt (8.1) (7.3)
Proceeds from other debt 3.8 1.8
Payments on finance lease facilities, net (2.6) (5.0)
Dividends (1.6) (5.5)
Purchases of treasury shares (7.2) (0.9)
Payments of withholding taxes on share awards (0.7) (2.8)
Net cash (used) provided by financing activities (24.1) 1.2
Effect of exchange rate changes on cash (0.3) (0.9)
Decrease in cash and cash equivalents (5.1) (5.9)
Cash and cash equivalents at beginning of period 56.0 55.7
Cash and cash equivalents at end of period 50.9 49.8
Interest paid 15.7 18.5
Income taxes paid $ 2.0 $ 11.0