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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Apr. 02, 2017
Apr. 03, 2016
OPERATING ACTIVITIES    
Net income $ 21.7 $ 16.2
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 6.6 7.3
Amortization of intangibles 5.5 5.1
Loss on disposal and impairment of goodwill, property, plant and equipment and other 0.4 0.3
Gain on acquisition   (1.7)
Stock-based compensation 2.9 2.8
Deferred income tax 5.3 (1.0)
Changes in operating assets and liabilities, net of effects from business acquisitions and divestures:    
Accounts receivable (12.5) (16.0)
Inventories (14.3) (19.9)
Prepaid expenses and other assets (2.7) (2.3)
Accounts payable, accrued expenses and other liabilities (22.0) (12.7)
Net cash provided by operating activities (9.1) (21.9)
INVESTING ACTIVITIES    
Additions to property, plant and equipment (5.8) (9.2)
Proceeds from the sale of property, plant and equipment   0.1
Restricted cash   (18.2)
Net proceeds from the sale of asset, and other 1.9  
Business acquisitions, net of cash acquired 0.1 (2.1)
Net cash used in investing activities (3.8) (29.4)
FINANCING ACTIVITIES    
Proceeds from long-term borrowings 10.0 300.0
Payments of long-term debt (38.9) (275.4)
Payment of capital leases and other (3.3) (0.5)
Proceeds from share transactions under employee stock plans 0.3 0.6
Payments to repurchase common stock (4.4) (12.5)
Debt issuance costs   (2.1)
Dividends (6.2) (5.9)
Net cash (used in) provided by financing activities (42.5) 4.2
Effect of exchange rate changes on cash and cash equivalents 4.0 10.3
DECREASE IN CASH AND CASH EQUIVALENTS (51.4) (36.8)
Cash and cash equivalents at beginning of year 338.4 296.2
CASH AND CASH EQUIVALENTS AT END OF PERIOD 287.0 259.4
Acquisition of businesses:    
Fair value of assets acquired   5.7
Cash paid, net of cash acquired   2.1
Gain on acquisition   1.7
Liabilities assumed   1.9
Issuance of stock under management stock purchase plan 0.9 0.7
CASH PAID FOR:    
Interest 4.0 1.2
Income taxes $ 5.0 $ 5.5