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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net (loss) income $ (10.7) $ 25.3
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 13.1 12.5
Provision for credit losses 1.9 0.2
Provision for warranties 8.7 10.6
Deferred compensation (benefit) expense (0.2) 0.1
Share-based compensation 2.3 2.2
Deferred tax benefit (5.3) (4.7)
Gain on disposition of property and equipment, net (1.1) (3.5)
Goodwill impairment 20.2 0.0
Other impairment charges 0.0 0.8
Amortization of debt issuance costs 0.2 0.2
Distributions to deferred compensation programs' participants (0.5) (0.4)
Change in operating assets and liabilities:    
Purchase of trading securities, net (2.3) (1.1)
Receivables and other contract assets (68.6) 9.7
Inventories (1.7) (37.2)
Prepaid expenses 3.2 5.7
Other assets (3.2) (8.3)
Accounts payable (12.8) 1.3
Accrued loss reserves (0.1) 0.6
Accrued employee related liabilities (12.0) 1.6
Other accrued liabilities 20.4 (7.4)
Accrued product warranty (9.7) (6.0)
Customer deposits 19.0 (11.4)
Income taxes payable/prepaid 3.1 6.7
Net cash used in operating activities (36.1) (2.5)
Cash flows from investing activities:    
Expenditures for property and equipment (13.4) (17.1)
Proceeds from sale of property and equipment 1.1 20.1
Purchase of investments (0.7) (0.5)
Sale of investments 0.4 0.1
Net cash (used in) provided by investing activities (12.6) 2.6
Cash flows from financing activities:    
Payment of dividends (5.9) (5.9)
Proceeds from borrowings on credit facilities and bank loans 107.2 113.6
Repayments of borrowings on credit facilities and bank loans (51.4) (128.1)
Sale of Company stock by deferred compensation programs, net 0.1 0.0
Withholding tax paid upon vesting of share-based compensation awards (0.5) (1.6)
Net cash provided by (used in) financing activities 49.5 (22.0)
Effect of exchange rates on cash (0.8) 0.4
(Decrease) increase in cash, cash equivalents and restricted cash 0.0 (21.5)
Cash, cash equivalents and restricted cash, beginning of period 63.2 66.0
Cash, cash equivalents and restricted cash, end of period 63.2 44.5
Cash paid during the year for:    
Interest, net of capitalized interest 3.8 2.6
Income taxes paid 4.4 5.5
Non-cash investing activities:    
Capital expenditures in accounts payable 0.6 0.5
Non-cash financing activities:    
Additions to right-of-use assets and lease liabilities $ 1.9 $ 0.2