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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statement of Cash Flows [Abstract]    
Net earnings $ 126,600,000 $ 57,500,000
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 43,100,000 32,700,000
Share-based incentive compensation 8,900,000 8,400,000
Profit sharing expense 6,000,000.0 5,500,000
Provisions for bad debt 1,100,000 800,000
Provisions for inventory obsolescence 1,800,000 2,100,000
Deferred taxes, net 3,500,000 1,700,000
Net (gain) loss on sale of business (12,200,000) 6,800,000
Other non-cash items 2,800,000 20,000,000.0
Changes in operating assets and liabilities:    
Trade receivables, net (33,600,000) 18,200,000
Inventories, net (27,600,000) (54,000,000.0)
Accounts payable 300,000 5,100,000
Income tax receivable/payable 23,100,000 12,900,000
Other assets and liabilities (102,800,000) (52,600,000)
Net cash provided by operating activities 41,000,000.0 65,100,000
Cash flows from investing activities:    
Capital expenditures (48,700,000) (49,400,000)
Receipts (payments) associated with sale of business and property and equipment 9,300,000 (3,100,000)
Business acquired, net of cash acquired 0 (1,200,000)
Investment in marketable securities 12,200,000 0
Settlement of foreign currency forward contracts 2,500,000 (3,500,000)
Net cash used in investing activities (24,700,000) (57,200,000)
Cash flows from financing activities:    
Net proceeds from short-term borrowings 69,400,000 21,300,000
Dividends paid on common stock (25,700,000) (25,000,000.0)
Impact of tax withholding on share-based compensation (11,200,000) (10,300,000)
Repurchases of common stock 0 (17,700,000)
Principal payments related to financing leases (3,000,000.0) (2,300,000)
Net cash provided by (used in) financing activities 29,500,000 (34,000,000.0)
Effect of foreign currency exchange rate changes on cash and cash equivalents (33,600,000) (9,600,000)
Cash and cash equivalents 262,400,000 271,700,000
Restricted cash and cash equivalents 0 0
Balance, beginning of period 262,400,000 271,700,000
Net change during the period 12,200,000 (35,700,000)
Cash and cash equivalents 274,600,000 236,000,000.0
Restricted cash and cash equivalents 0 0
Balance, end of period 274,600,000 236,000,000.0
Supplemental Cash Flow Information:    
Interest payments, net of amounts capitalized 50,000,000.0 43,000,000.0
Income tax payments, net of cash refunds 15,900,000 12,700,000
Restructuring payments including associated costs 25,700,000 24,700,000
Non-cash items:    
Transfers of shares of common stock from treasury for profit-sharing contributions $ 24,400,000 $ 21,900,000