XML 53 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Cash flows from operating activities:    
Net income $ 37.5 $ 47.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 43.1 42.4
Deferred income taxes 0.2 0.7
Share-based compensation expense 10.6 12.0
Provision for bad debt 0.1 2.2
Discount accretion on insurance claims 0.2 0.3
Gain on sale of assets (2.4) (0.9)
Income from unconsolidated affiliates, net (6.3) (4.3)
Distributions from unconsolidated affiliates 5.4 3.5
Changes in operating assets and liabilities, net of effects of acquisitions:    
Trade accounts receivable (31.6) (57.9)
Prepaid expenses and other current assets (5.3) (6.7)
Other assets 0.6 10.8
Trade accounts payable and other accrued liabilities 22.4 12.5
Insurance claims 41.4 (5.8)
Income taxes payable (17.1) 3.0
Other liabilities 2.6 (2.5)
Total adjustments 63.9 9.3
Net cash provided by operating activities 101.4 57.0
Cash flows from investing activities:    
Additions to property, plant and equipment (21.1) (28.5)
Proceeds from sale of assets 4.5 2.2
Purchase of businesses, net of cash acquired (19.2) (12.4)
Investments in unconsolidated affiliates (0.1) (0.5)
Net cash used in investing activities (35.9) (39.2)
Cash flows from financing activities:    
Proceeds from exercises of stock options 16.5 7.3
Incremental tax benefit from share-based compensation awards 1.7 5.0
Repurchases of common stock (20.0) (10.0)
Dividends paid (27.0) (25.9)
Deferred financing costs paid (0.3) (1.2)
Borrowings from line of credit 729.3 795.1
Repayment of borrowings from line of credit (744.0) (798.3)
Changes in book cash overdrafts (5.3) 5.0
Repayment of capital lease obligations (1.9) (2.8)
Net cash used in financing activities (51.0) (25.8)
Net increase (decrease) in cash and cash equivalents 14.5 (8.0)
Cash and cash equivalents at beginning of year 36.7 32.6
Cash and cash equivalents at end of period $ 51.2 $ 24.6