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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) from continuing operations $ 49.5 $ 65.5 $ 3.9
Adjustments to reconcile income (loss) from continuing operations to net cash provided by (used in) operating activities:      
Depreciation and amortization 4.5 4.6 4.5
Asset impairment and other non-cash benefit 1.9 0.0 (0.2)
(Benefit) provision for deferred income taxes 8.4 (21.9) 1.1
Provision for returns and doubtful accounts 0.7 1.0 3.1
Compensation expense related to equity compensation plans 0.9 1.6 1.6
Gain on dispositions and abandonment 0.0 0.0 (4.3)
Changes in operating assets and liabilities:      
Accounts receivable (11.9) (6.7) 38.5
Inventories (19.4) (5.0) 16.3
Prepaid expenses and other current assets (2.4) 0.9 5.5
Income taxes payable (receivable) (5.4) 0.0 0.4
Accounts payable (6.6) 4.7 (88.0)
Accrued expenses and other current liabilities (10.4) (0.6) (12.6)
Net cash provided by (used in) operating activities from continuing operations 9.8 44.1 (30.2)
Net cash (used in) provided by operating activities from discontinued operations (32.1) 1.5 (27.2)
Net cash (used in) provided by operating activities (22.3) 45.6 (57.4)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (4.5) (2.5) (2.2)
Proceeds from disposals of property, plant and equipment 0.0 0.1 0.5
Net cash used in investing activities from continuing operations (4.5) (2.4) (1.7)
Net cash provided by (used in) investing activities from discontinued operations 249.6 (0.4) (1.0)
Net cash provided by (used in) investing activities 245.1 (2.8) (2.7)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of capital lease obligations (0.1) (0.1) (0.3)
Dividends paid (109.3) (13.0) (3.7)
Proceeds from issuance of common stock 5.4 2.4 0.0
Payment of payroll taxes on stock-based compensation through shares withheld (1.9) (0.8) 0.0
Repurchase of treasury shares (9.1) 0.0 0.0
Net cash used in financing activities from continuing operations (115.0) (11.5) (4.0)
Net cash used in financing activities from discontinued operations 0.0 0.0 (0.1)
Net cash used in financing activities (115.0) (11.5) (4.1)
EFFECTS OF EXCHANGE RATES ON CASH 3.1 3.5 (1.2)
NET INCREASE (DECREASE) IN CASH 110.9 34.8 (65.4)
CASH – BEGINNING OF YEAR 184.5 149.7 215.1
CASH – END OF YEAR 295.4 184.5 149.7
Supplemental disclosures:      
Interest paid 0.2 0.4 0.7
Income taxes paid 36.6 5.8 5.8
Supplemental disclosures of non-cash investing and financing activities:      
Acquisitions of equipment through capital leases $ 0.0 $ 0.3 $ 0.0