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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net income $ 131.5 $ 128.0 $ 73.1
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation 31.0 28.9 29.7
Amortization of intangibles 15.6 19.6 22.5
Loss on disposal and impairment of property, plant and equipment and other 0.8 0.2 2.1
Stock-based compensation 17.8 13.8 13.9
Deferred income tax 1.3 (15.3) 6.4
Changes in operating assets and liabilities, net of effects from business acquisitions:      
Accounts receivable (15.0) 6.0 (7.5)
Inventories 17.0 (34.5) (8.4)
Prepaid expenses and other assets (1.6) 0.6 14.7
Accounts payable, accrued expenses and other liabilities (4.4) 22.1 9.4
Net cash provided by operating activities 194.0 169.4 155.9
INVESTING ACTIVITIES      
Additions to property, plant and equipment (29.2) (35.9) (29.4)
Proceeds from the sale of property, plant and equipment 0.1 2.2 0.4
Net proceeds from the sale of asset, and other   0.2 3.1
Purchase of intangible assets   (0.7) (1.5)
Business acquisitions, net of cash acquired and other (42.7) (1.7) 0.1
Net cash used in investing activities (71.8) (35.9) (27.3)
FINANCING ACTIVITIES      
Proceeds from long-term borrowings 82.0 50.0 20.0
Payments of long-term debt (127.0) (194.5) (178.0)
Payments for withholdings on vested stock, finance leases and other (11.8) (6.6) (4.9)
Proceeds from share transactions under employee stock plans 2.1 2.5 1.7
Payments to repurchase common stock (19.5) (26.0) (18.2)
Dividends (31.4) (28.3) (25.9)
Net cash used in financing activities (105.6) (202.9) (205.3)
Effect of exchange rate changes on cash and cash equivalents (1.0) (6.7) 18.5
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 15.6 (76.1) (58.2)
Cash and cash equivalents at beginning of year 204.1 280.2 338.4
CASH AND CASH EQUIVALENTS AT END OF YEAR 219.7 204.1 280.2
Acquisition of businesses:      
Fair value of assets acquired 43.3 4.1  
Cash paid, net of cash acquired 42.7 1.7  
Gain on acquisition     (0.1)
Liabilities assumed 0.6 2.4  
Issuance of stock under management stock purchase plan 1.8 1.9 0.9
CASH PAID FOR:      
Interest 17.1 19.1 18.8
Income taxes $ 50.8 $ 55.3 $ 39.4