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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
Oct. 03, 2021
Sep. 27, 2020
Cash flows from operating activities:        
Net earnings (loss) $ 34.8 $ 16.7 $ 84.4 $ (95.4)
Adjustments to reconcile net earnings (loss) to net cash from operating activities:        
Goodwill impairment charge 0.0 0.0 0.0 147.7
Deferred income taxes on goodwill impairment charge     0.0 (23.0)
Depreciation and amortization     22.0 18.0
Operating Lease, Right-of-Use Asset, Amortization Expense     16.0 15.9
Provision for credit losses and sales allowances     0.8 10.7
Stock-based compensation     4.0 2.9
(Gain) loss on investment in Persol Holdings (35.5) (16.8) (71.8) 31.4
Gain on sale of assets 0.0 0.0 0.0 (32.1)
Equity in net (earnings) loss of PersolKelly Pte. Ltd. (1.7) (1.8) (2.3) 1.0
Other, net     4.6 1.8
Changes in operating assets and liabilities, net of acquisitions     (26.7) 137.6
Net cash from operating activities     31.0 216.5
Cash flows from investing activities:        
Capital expenditures     (7.5) (12.3)
Proceeds from sale of assets     0.0 55.5
Acquisition of companies, net of cash received     (213.0) (36.4)
Proceeds from company-owned life insurance     10.4 2.3
Proceeds from loans with equity affiliate     5.8 0.0
Proceeds from (investment in) equity securities       (0.2)
Proceeds from (investment in) equity securities     5.0  
Other investing activities     0.9 0.2
Net cash (used in) from investing activities     (198.4) 10.3
Cash flows from financing activities:        
Net change in short-term borrowings     (0.2) (1.5)
Financing lease payments     (1.3) (1.0)
Dividend payments     (2.0) (3.0)
Payments of tax withholding for stock awards     (0.6) (1.2)
Contingent consideration payments     (1.6) 0.0
Other financing activities     0.0 (0.1)
Net cash used in financing activities     (5.7) (6.8)
Effect of exchange rates on cash, cash equivalents and restricted cash     (3.9) 3.4
Net change in cash, cash equivalents and restricted cash     (177.0) 223.4
Cash, cash equivalents and restricted cash at beginning of period     228.1 31.0
Cash, cash equivalents and restricted cash at end of period 51.1 254.4 51.1 254.4
Cash and cash equivalents 43.5 248.2 43.5 248.2
Restricted cash included in prepaid expenses and other current assets 1.0 0.9 1.0 0.9
Restricted cash included in other assets $ 6.6 $ 5.3 $ 6.6 $ 5.3