XML 55 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Cash flows from operating activities    
Net income $ 28.0 $ 13.0
(Income) loss from discontinued operations, net of taxes (0.1) 0.1
Income from continuing operations 27.9 13.0
Adjustments to reconcile income from continuing operations to net cash used in operating activities of continuing operations    
Depreciation and amortization 24.4 26.7
Deferred income taxes (1.0) (8.7)
Share-based compensation expense 4.9 4.5
Provision for bad debt 2.4 3.0
Discount accretion on insurance claims 0.0 0.2
Loss on sale of assets 0.3 0.0
Income from unconsolidated affiliates (0.9) (0.9)
Distributions from unconsolidated affiliates 0.0 1.7
Changes in operating assets and liabilities    
Trade accounts receivable and costs incurred in excess of amounts billed 3.0 (68.2)
Prepaid expenses and other current assets (8.5) (8.2)
Right-of-use assets 4.1  
Other noncurrent assets (1.6) 0.0
Trade accounts payable and other accrued liabilities (88.9) (32.5)
Long-term lease liabilities (4.2)  
Insurance claims (1.0) 11.1
Income taxes payable 7.6 13.1
Other noncurrent liabilities (2.8) 5.9
Total adjustments (62.3) (52.3)
Net cash used in operating activities of continuing operations (34.5) (39.3)
Net cash provided by (used in) operating activities of discontinued operations 0.2 (0.1)
Net cash used in operating activities (34.3) (39.3)
Cash flows from investing activities    
Additions to property, plant and equipment (11.5) (11.6)
Proceeds from sale of assets 4.2 0.2
Proceeds from redemption of auction rate security 5.0 0.0
Net cash used in investing activities (2.3) (11.4)
Cash flows from financing activities    
Taxes withheld from issuance of share-based compensation awards, net (2.4) (2.3)
Dividends paid (12.3) (11.9)
Borrowings from credit facility 425.0 357.6
Repayment of borrowings from credit facility (368.6) (309.6)
Changes in book cash overdrafts 6.4 7.2
Financing of energy savings performance contracts 1.1 1.7
Repayment of finance leases (0.8)  
Repayment of finance leases   (0.8)
Net cash provided by financing activities 48.4 42.0
Effect of exchange rate changes on cash and cash equivalents (0.4) 0.3
Net increase (decrease) in cash and cash equivalents 11.4 (8.5)
Cash and cash equivalents at beginning of year 58.5 39.1
Cash and cash equivalents at end of year $ 69.8 $ 30.6