XML 37 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 19.6 $ 16.9
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Income from discontinued operations, net of taxes (0.4) (0.6)
Depreciation and amortization 31.3 30.2
Amortization of debt discount 1.0 1.5
Stock compensation amortization 0.3 1.3
Provision for deferred income taxes 15.2 3.6
Loss on early extinguishment of debt, net   11.3
Amortization of debt issuance costs 2.6 2.8
Loss on sale of certain assets 0.1  
Pension and other post-retirement expense 2.8 2.6
Change in assets and liabilities:    
Decrease in trade receivables 6.9 15.4
Increase in inventories (22.8) (22.4)
Increase in prepaid expenses and other current assets (23.3) (4.7)
(Decrease) increase in accounts payable (4.5) 15.2
Increase (decrease) in accrued expenses and other current liabilities 11.6 (27.8)
Pension and other post-retirement plan contributions (19.4) (15.0)
Purchases of permanent displays (24.3) (23.6)
Other, net (18.4) (3.4)
Net cash (used in) provided by operating activities (21.7) 3.3
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (8.9) (5.9)
Acquisition   (39.0)
Proceeds from the sale of certain assets 0.1 0.1
Net cash used in investing activities (8.8) (44.8)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in short-term borrowings and overdraft 12.8 3.6
Payment of financing costs (0.1) (3.9)
Other financing activities (0.2) (0.7)
Net cash provided by financing activities 8.5 11.0
Effect of exchange rate changes on cash and cash equivalents 0.1 (1.3)
Net decrease in cash and cash equivalents (21.9) (31.8)
Cash and cash equivalents at beginning of period 101.7 76.7
Cash and cash equivalents at end of period 79.8 44.9
Cash paid during the period for:    
Interest 45.8 54.0
Preferred stock dividends 3.1 3.1
Income taxes, net of refunds 10.9 12.3
Supplemental schedule of non-cash investing and financing activities:    
Treasury stock received to satisfy minimum tax withholding liabilities 1.1 1.3
Borrowings under the 2011 Revolving Credit Facility
   
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under the 2011 Revolving Credit Facility   10.0
Repayments under the 2010 Term Loan Facility
   
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments under Term Loan Facility   (794.0)
Borrowings under the 2011 Term Loan Facility
   
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under the 2011 Term Loan Facility   796.0
Repayments under the 2011 Term Loan Facility
   
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments under Term Loan Facility $ (4.0)