XML 86 R75.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Guarantor and Non-Guarantor Financial Statements, Cash Flow Statements (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:        
Net cash provided by operating activities     $ 106.6 $ 108.9
Cash flows from investing activities        
Capital expenditures $ (15.1) $ (15.5) (57.4) (38.4)
Purchase of available for sale securities     (201.1) (0.5)
Proceeds from disposition of available for sale securities     30.0 84.0
Intercompany loans receivable     0.0  
Net cash (used in) provided by investing activities [1]     (228.5) 45.1
Cash flows from financing activities        
Repayment of principal and redemption premium of 8.25% Senior Notes     (206.0) (6.1)
Issuance of 5.875% Senior Notes     375.0 0.0
Cash paid for debt issuance costs     (6.8) 0.0
Repayment of Convertible Notes     0.0 (175.0)
Proceeds from cash-settled call options related to repayment of Convertible Notes     0.0 94.9
Payment for conversion premium related to repayment of Convertible Notes     0.0 (94.9)
Proceeds from stock option exercises     1.0 0.0
Repayment of capital lease     (0.1) 0.0
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest [2]     0.0 1.1
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares     (2.8) (3.0)
Repurchase of common stock     (13.6) (45.1)
Cash dividends paid to stockholders     (24.4) (21.0)
Intercompany loans payable       0.0
Cash dividends paid to Parent     0.0  
Change in Intercompany Loans Payable     0.0  
Net cash provided by (used in) financing activities [1]     122.3 (249.1)
Net (decrease) increase in cash and cash equivalents during the period     0.4 (95.1)
Cash and cash equivalents at beginning of period   82.6 72.5 177.7
Cash and cash equivalents at end of period 72.9 82.6 72.9 82.6
Consolidating Adjustments        
Cash flows from operating activities:        
Net cash provided by operating activities     (200.0) 0.0
Cash flows from investing activities        
Capital expenditures     0.0 0.0
Purchase of available for sale securities     0.0 0.0
Proceeds from disposition of available for sale securities     0.0 0.0
Intercompany loans receivable     103.3  
Net cash (used in) provided by investing activities     103.3 0.0
Cash flows from financing activities        
Repayment of principal and redemption premium of 8.25% Senior Notes     0.0 0.0
Issuance of 5.875% Senior Notes     0.0  
Cash paid for debt issuance costs     0.0  
Repayment of Convertible Notes       0.0
Proceeds from cash-settled call options related to repayment of Convertible Notes       0.0
Payment for conversion premium related to repayment of Convertible Notes       0.0
Proceeds from stock option exercises     0.0  
Repayment of capital lease     0.0  
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest       0.0
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares     0.0 0.0
Repurchase of common stock     0.0 0.0
Cash dividends paid to stockholders     0.0 0.0
Intercompany loans payable       0.0
Cash dividends paid to Parent     200.0  
Change in Intercompany Loans Payable     (103.3)  
Net cash provided by (used in) financing activities     96.7 0.0
Net (decrease) increase in cash and cash equivalents during the period     0.0 0.0
Cash and cash equivalents at beginning of period     0.0 0.0
Cash and cash equivalents at end of period 0.0 0.0 0.0 0.0
Parent        
Cash flows from operating activities:        
Net cash provided by operating activities     189.7 250.2
Cash flows from investing activities        
Capital expenditures     0.0 0.0
Purchase of available for sale securities     0.0 0.0
Proceeds from disposition of available for sale securities     0.0 0.0
Intercompany loans receivable     (205.6)  
Net cash (used in) provided by investing activities     (205.6) 0.0
Cash flows from financing activities        
Repayment of principal and redemption premium of 8.25% Senior Notes     (206.0) (6.1)
Issuance of 5.875% Senior Notes     375.0  
Cash paid for debt issuance costs     (6.8)  
Repayment of Convertible Notes       (175.0)
Proceeds from cash-settled call options related to repayment of Convertible Notes       94.9
Payment for conversion premium related to repayment of Convertible Notes       (94.9)
Proceeds from stock option exercises     1.0  
Repayment of capital lease     0.0  
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest       0.0
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares     (2.8) (3.0)
Repurchase of common stock     (13.6) (45.1)
Cash dividends paid to stockholders     (24.4) (21.0)
Intercompany loans payable       0.0
Cash dividends paid to Parent     0.0  
Change in Intercompany Loans Payable     (106.5)  
Net cash provided by (used in) financing activities     15.9 (250.2)
Net (decrease) increase in cash and cash equivalents during the period     0.0 0.0
Cash and cash equivalents at beginning of period     0.0 0.0
Cash and cash equivalents at end of period 0.0 0.0 0.0 0.0
Guarantor Subsidiaries        
Cash flows from operating activities:        
Net cash provided by operating activities     108.4 (140.8)
Cash flows from investing activities        
Capital expenditures     (55.6) (26.0)
Purchase of available for sale securities     (201.1) (0.5)
Proceeds from disposition of available for sale securities     30.0 84.0
Intercompany loans receivable     106.0  
Net cash (used in) provided by investing activities     (120.7) 57.5
Cash flows from financing activities        
Repayment of principal and redemption premium of 8.25% Senior Notes     0.0 0.0
Issuance of 5.875% Senior Notes     0.0  
Cash paid for debt issuance costs     0.0  
Repayment of Convertible Notes       0.0
Proceeds from cash-settled call options related to repayment of Convertible Notes       0.0
Payment for conversion premium related to repayment of Convertible Notes       0.0
Proceeds from stock option exercises     0.0  
Repayment of capital lease     0.0  
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest       1.1
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares     0.0 0.0
Repurchase of common stock     0.0 0.0
Cash dividends paid to stockholders     0.0 0.0
Intercompany loans payable       (13.5)
Cash dividends paid to Parent     (200.0)  
Change in Intercompany Loans Payable     209.3  
Net cash provided by (used in) financing activities     9.3 (12.4)
Net (decrease) increase in cash and cash equivalents during the period     (3.0) (95.7)
Cash and cash equivalents at beginning of period     72.2 175.3
Cash and cash equivalents at end of period 69.2 79.6 69.2 79.6
Non-Guarantor Subsidiaries        
Cash flows from operating activities:        
Net cash provided by operating activities     8.5 (0.5)
Cash flows from investing activities        
Capital expenditures     (1.8) (12.4)
Purchase of available for sale securities     0.0 0.0
Proceeds from disposition of available for sale securities     0.0 0.0
Intercompany loans receivable     (3.7)  
Net cash (used in) provided by investing activities     (5.5) (12.4)
Cash flows from financing activities        
Repayment of principal and redemption premium of 8.25% Senior Notes     0.0 0.0
Issuance of 5.875% Senior Notes     0.0  
Cash paid for debt issuance costs     0.0  
Repayment of Convertible Notes       0.0
Proceeds from cash-settled call options related to repayment of Convertible Notes       0.0
Payment for conversion premium related to repayment of Convertible Notes       0.0
Proceeds from stock option exercises     0.0  
Repayment of capital lease     (0.1)  
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest       0.0
Cancellation of shares to cover employees' tax withholdings upon vesting of non-vested shares     0.0 0.0
Repurchase of common stock     0.0 0.0
Cash dividends paid to stockholders     0.0 0.0
Intercompany loans payable       13.5
Cash dividends paid to Parent     0.0  
Change in Intercompany Loans Payable     0.5  
Net cash provided by (used in) financing activities     0.4 13.5
Net (decrease) increase in cash and cash equivalents during the period     3.4 0.6
Cash and cash equivalents at beginning of period     0.3 2.4
Cash and cash equivalents at end of period $ 3.7 $ 3.0 $ 3.7 $ 3.0
[1] See Note 12 for the supplemental disclosure on non-cash transactions.
[2] See Note 4 and Note 6 for discussion of our adoption of ASU 2016-09 (as defined in Note 1).