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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings $ 18.0 $ 15.3  
Adjustments to reconcile net earnings to cash provided by operating activities:      
Depreciation 6.3 6.3  
Amortization expense (including deferred financing fees) 2.5 2.2  
Loss on extinguishment of debt 0.0 1.4  
Inventory obsolescence 0.4 0.5  
Unrealized foreign currency loss (gains) 0.7 (2.0)  
Stock-based compensation 2.2 2.4  
Bad debt and customer claims 0.3 0.4  
Changes in assets and liabilities:      
Customer receivables 11.4 (6.3)  
Inventories (7.1) (9.6)  
Prepaid and other current assets 1.8 3.0  
Accounts payable (7.5) (0.2)  
Current and deferred income taxes 3.9 1.9  
Other current liabilities (10.5) (4.2)  
Other noncurrent assets and liabilities (3.3) (5.5)  
Cash provided by operating activities 19.1 5.6  
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (9.2) (8.5)  
Purchase of business, net of cash acquired 0.0 (303.7)  
Cash used in investing activities (9.2) (312.2)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from revolving credit facility 111.0 282.0  
Repayment of revolving credit facility (105.0) (132.0)  
Proceeds from term loan 0.0 350.5  
Repayment of term loan (4.3) (165.0)  
Payment of financing fees 0.0 (4.5)  
Payment of fees related to debt extinguishment 0.0 (1.0)  
Payment of dividends (7.8) (7.7)  
Purchase of common stock for treasury (3.0) (1.9)  
Cash (used in) provided by financing activities (9.1) 320.4  
Effect of exchange rate changes on cash and cash equivalents 0.0 0.2  
Net increase in cash and cash equivalents 0.8 14.0  
Cash and cash equivalents at beginning of period 1.6 2.2 $ 2.2
Cash and cash equivalents at end of period $ 2.4 $ 16.2 $ 1.6