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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (60.5) $ (36.0)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 25.0 25.9
Amortization of right of use asset 1.2 2.0
Stock-based compensation expense 4.8 2.0
Change in fair value of warrant liability 13.5 (5.9)
Impairment of investment in equity method investee 0.7
Foreign currency translation on senior bank debt (4.6) 6.6
Reclassification of loss on hedging instrument to comprehensive income 1.0 0.5
Non-cash interest expense relating to senior debt 16.3 1.2
Changes in assets and liabilities:    
Accounts receivable 5.5 3.7
Inventory 3.5 (1.4)
Prepaid expenses and other assets (4.1) 5.7
Corporate tax and other current taxes payable (6.7) 0.1
Accounts payable 3.9 0.8
Deferred revenues and customer prepayment (5.7) (3.8)
Accrued expenses (4.0) 9.3
Operating lease liabilities (1.2) (1.6)
Other long-term liabilities (0.7) 0.4
Net cash (used in) provided by operating activities (12.8) 10.2
Cash flows from investing activities:    
Purchases of property and equipment (5.4) (8.8)
Disposals of property and equipment
Purchases of capital software (6.8) (6.7)
Net cash used in investing activities (12.2) (15.5)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 333.1
Proceeds from issuance of revolver 22.3
Repayments of long-term debt (320.7)
Cash paid in connection with terminated interest rate swaps (2.1)
Debt fees incurred (9.1) (3.1)
Repayments of finance leases (0.2) (0.6)
Net cash provided by financing activities 1.0 18.6
Effect of exchange rate changes on cash 1.4 (2.5)
Net (decrease) increase in cash (22.6) 10.8
Cash, beginning of period 47.1 29.1
Cash, end of period 24.5 39.9
Supplemental cash flow disclosures    
Cash paid during the period for interest 17.5 0.4
Cash paid during the period for income taxes 0.1 0.1
Cash paid during the period for operating leases 1.7 1.2
Supplemental disclosure of non-cash investing and financing activities    
Property and equipment acquired through finance lease 1.3 1.5
Lease liabilities arising from obtaining right of use assets (6.1)
Adjustment to goodwill arising from adjustment to fair value of assets acquired (0.3)
Capitalized interest payments $ 10.6