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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Operating Activities        
Net income $ 26.3 $ 27.6 $ 33.1 $ 35.3
Depreciation & amortization 23.7 23.8 47.5 47.4
Amortization of financing fees 0.9 0.9 2.1 1.8
Share-based compensation expense 1.4 2.7 2.2 3.8
Increase in deferred income taxes 4.0 1.0 4.0 1.9
Gain on bargain purchase (0.9)   (0.9)  
Loss on disposal of property, plant & equipment 0.3   0.9  
Other non-cash items 1.0 1.6 0.6 1.8
Change in operating assets and liabilities, net of acquisition:        
Accounts receivable (31.3) (41.6) (51.8) (71.0)
Inventories (6.5) (16.6) (23.0) (22.7)
Prepaid expenses and other assets (4.1) (1.5) (5.9) (1.2)
Other assets (0.1) (0.6) 0.9 (0.7)
Accounts payable and accrued liabilities 22.1 24.8 (16.3) 2.9
Income taxes recoverable 1.3 (0.8) 1.6 (3.6)
Net cash (used in) provided by operating activities 38.1 21.3 (5.0) (4.3)
Investing Activities        
Acquisition     (5.0)  
Additions to property, plant & equipment (19.7) (10.8) (37.4) (23.3)
Additions to intangibles and other assets (1.0) (2.5) (3.7) (2.5)
Proceeds from sale of assets held for sale 1.0   1.0  
Other investing activities   (1.8)   (1.7)
Net cash (used in) provided by investing activities (19.7) (15.1) (45.1) (27.5)
Financing Activities        
Payments of long-term debt (1.4) (2.1) (2.6) (3.4)
Borrowings under ABL 17.5 43.6 24.5 143.4
Payments under ABL (17.5) (58.7) (24.5) (131.2)
Distributions to non-controlling interests (0.3) (0.9) (1.4) (2.5)
Common share repurchase (0.3)   (0.3)  
Net cash (used in) provided by financing activities (2.0) (18.1) (4.3) 6.3
Effect of exchange rate changes on cash (0.9) 0.1 0.6 1.3
Net increase (decrease) in cash & cash equivalents 15.5 (11.8) (53.8) (24.2)
Cash & cash equivalents, beginning of period 31.6 35.8 100.9 48.2
Cash & cash equivalents, end of period 47.1 24.0 47.1 24.0
Supplemental Disclosures of Cash Flow information:        
Cash paid for interest 9.5 10.2 25.5 27.9
Cash paid for income taxes (excludes refunds) $ 0.1 $ 0.8 $ 0.4 $ 4.2