XML 72 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flows from Operating Activities:      
Net loss $ (44.4) [1] $ (340.7) [1] $ (46.7)
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 23.7 35.8 36.7
Stock-based compensation 6.9 7.3 7.5
Deferred income taxes and valuation allowance (4.7) 5.7 (2.9)
Goodwill, intangible and other asset impairments 7.1 285.7 8.6
Inventory write-offs 2.7 2.3 9.1
Pension settlement 2.1 2.4 3.1
Changes in fair value of contingent consideration (0.6) (8.6) 0
Loss on UK pension settlement 10.6 0 0
Gain on Sale of Properties (9.8) 0 0
Other, net (6.9) 2.9 11.8
Changes in operating assets and liabilities:      
Accounts receivable 48.8 23.7 28.0
Inventories 64.2 45.8 (12.2)
Other assets 7.8 (9.1) 1.3
Accounts payable (63.3) (44.0) (17.7)
Accrued payroll and other liabilities (29.6) (17.7) (47.1)
Restricted cash 7.5 0 4.2
Net cash used in operating activities 22.1 (8.5) (16.3)
Cash Flows from Investing Activities:      
Capital expenditures (7.0) (10.2) (7.3)
Proceeds from sale of assets and business 11.0 1.4 0
Recovery of investments 0.2 0.9 0
Acquisitions, net of cash acquired 1.6 (103.8) (47.0)
Purchase of tradename 0 (4.0) 0
Net cash used in investing activities 5.8 (115.7) (54.3)
Cash Flows from Financing Activities:      
Purchase of treasury stock (2.5) (6.5) (9.7)
Debt issuance costs (0.4) (2.4) 0
Debt borrowings 4.9 25.0 0
Debt repayments (4.9) (5.0) 0
Contingent consideration payments (0.5) (1.2) 0
Exercise of stock options 0 0 0.6
Net cash provided by (used in) financing activities (3.4) 9.9 (9.1)
Effect of exchange rate changes on cash and cash equivalents (0.6) (0.1) (2.1)
Net change in cash and cash equivalents 23.9 (114.4) (81.8)
Cash and cash equivalents - beginning of period 108.7 223.1 304.9
Cash and cash equivalents - end of period $ 132.6 $ 108.7 $ 223.1
[1] The sum of the quarterly loss per share may not equal the annual loss per share due to changes in average shares outstanding.