XML 52 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Jan. 31, 2015
Jan. 31, 2014
Cash flows from operating activities:    
Net income $ 17.7us-gaap_NetIncomeLoss $ 13.1us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 14.0us-gaap_DepreciationAndAmortization 14.3us-gaap_DepreciationAndAmortization
Deferred income taxes (0.3)us-gaap_DeferredIncomeTaxExpenseBenefit 0.2us-gaap_DeferredIncomeTaxExpenseBenefit
Share-based compensation expense 3.8us-gaap_ShareBasedCompensation 3.9us-gaap_ShareBasedCompensation
Provision for bad debt 1.3us-gaap_ProvisionForDoubtfulAccounts 1.1us-gaap_ProvisionForDoubtfulAccounts
Discount accretion on insurance claims 0.1us-gaap_AccretionExpense 0.1us-gaap_AccretionExpense
Gain on sale of assets (0.7)us-gaap_GainLossOnSaleOfPropertyPlantEquipment (0.1)us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Income from unconsolidated affiliates, net (1.5)us-gaap_IncomeLossFromEquityMethodInvestments (1.5)us-gaap_IncomeLossFromEquityMethodInvestments
Distributions from unconsolidated affiliates 3.0us-gaap_EquityMethodInvestmentDividendsOrDistributions 0.8us-gaap_EquityMethodInvestmentDividendsOrDistributions
Changes in operating assets and liabilities, net of effects of acquisitions:    
Trade accounts receivable (34.6)us-gaap_IncreaseDecreaseInAccountsReceivable (44.2)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other current assets (5.1)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (6.3)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets (1.3)us-gaap_IncreaseDecreaseInOtherOperatingAssets 1.2us-gaap_IncreaseDecreaseInOtherOperatingAssets
Income taxes payable (6.9)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 4.5us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Other liabilities (0.6)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (0.9)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Insurance claims (5.9)us-gaap_IncreaseDecreaseInSelfInsuranceReserve (0.4)us-gaap_IncreaseDecreaseInSelfInsuranceReserve
Trade accounts payable and other accrued liabilities (15.4)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (24.7)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Total adjustments (50.1)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities (52.0)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash used in operating activities (32.4)us-gaap_NetCashProvidedByUsedInOperatingActivities (38.9)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Additions to property, plant and equipment (6.4)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (9.8)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of assets 2.6us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 0.1us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Purchase of businesses, net of cash acquired 0.2us-gaap_ProceedsFromPreviousAcquisition 0.2us-gaap_ProceedsFromPreviousAcquisition
Net cash used in investing activities (3.6)us-gaap_NetCashProvidedByUsedInInvestingActivities (9.5)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Proceeds from exercises of stock options 4.9us-gaap_ProceedsFromStockOptionsExercised 2.3us-gaap_ProceedsFromStockOptionsExercised
Incremental tax benefit from share-based compensation awards 0.3us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 0us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Dividends paid (8.9)us-gaap_PaymentsOfDividendsCommonStock (8.6)us-gaap_PaymentsOfDividendsCommonStock
Deferred financing costs paid (0.3)us-gaap_PaymentsOfFinancingCosts (1.2)us-gaap_PaymentsOfFinancingCosts
Borrowings from line of credit 226.7us-gaap_ProceedsFromLongTermLinesOfCredit 289.2us-gaap_ProceedsFromLongTermLinesOfCredit
Repayment of borrowings from line of credit (184.0)us-gaap_RepaymentsOfLongTermLinesOfCredit (237.0)us-gaap_RepaymentsOfLongTermLinesOfCredit
Changes in book cash overdrafts 0us-gaap_ProceedsFromRepaymentsOfBankOverdrafts 6.3us-gaap_ProceedsFromRepaymentsOfBankOverdrafts
Repayment of capital lease obligations (0.6)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (1.0)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations
Net cash provided by financing activities 38.1us-gaap_NetCashProvidedByUsedInFinancingActivities 50.0us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase in cash and cash equivalents 2.1us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1.6us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 36.7us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 32.6us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 38.8us-gaap_CashAndCashEquivalentsAtCarryingValue [1] $ 34.2us-gaap_CashAndCashEquivalentsAtCarryingValue
[1] Cash and cash equivalents are stated at nominal value, which equals fair value.