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Consolidated Statements of Cash Flows Unaudited (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 28, 2014
Jun. 29, 2013
Operating Activities        
Net (loss) income $ (4.6) $ 18.1 $ (7.1) $ 19.1
Depreciation & amortization 26.0 24.9 51.3 49.6
Amortization of financing fees 0.6 0.8 1.2 1.5
Share-based compensation expense 2.1 1.8 3.4 2.5
Increase in deferred income taxes 2.6 1.6 1.5 1.6
Write-off of financing fees and discount 3.0   3.3  
Loss on disposal of property, plant & equipment 0.4 0.3 0.5 0.3
Asset impairments 0.3 0 1.9 0
Other non-cash items (0.5) (0.1) (0.7) 0.2
Change in operating assets and liabilities, net of acquisitions:        
Accounts receivable (33.0) (29.6) (66.3) (57.8)
Inventories 8.9 2.4 (7.6) (10.8)
Prepaid expenses and other current assets (1.2) (1.4) (1.0) (2.0)
Other assets (0.4)   (0.2) (0.1)
Accounts payable and accrued liabilities, and other liabilities 25.8 15.2 (2.7) (28.9)
Income taxes recoverable (0.4) 0.1 (0.4) 0.3
Net cash provided by (used in) operating activities 29.6 34.1 (22.9) (24.5)
Investing Activities        
Acquisitions, net of cash received (80.8) (6.5) (80.8) (6.5)
Additions to property, plant & equipment (11.8) (14.6) (20.6) (34.5)
Additions to intangibles and other assets (1.3) (1.7) (2.8) (1.9)
Proceeds from insurance recoveries       0.4
Net cash used in investing activities (93.9) (22.8) (104.2) (42.5)
Financing Activities        
Payments of long-term debt (296.5) (19.1) (312.5) (19.6)
Issuance of long-term debt 525.0   525.0  
Borrowings under ABL 188.2   283.2  
Payments under ABL (284.3)   (299.4)  
Distributions to non-controlling interests (2.5) (0.7) (4.8) (2.8)
Financing fees (7.9)   (7.9)  
Common shares repurchased and cancelled (2.7) (5.5) (3.1) (8.4)
Dividends to shareholders (5.7) (11.2) (10.8) (11.2)
Net cash (used in) provided by financing activities 113.6 (36.5) 169.7 (42.0)
Effect of exchange rate changes on cash 1.0 (1.0) 1.1 (3.6)
Net increase (decrease) in cash & cash equivalents 50.3 (26.2) 43.7 (112.6)
Cash & cash equivalents, beginning of period 40.6 93.0 47.2 179.4
Cash & cash equivalents, end of period 90.9 66.8 90.9 66.8
Supplemental Non-cash Investing and Financing Activities:        
Acquisition related deferred consideration 51.4 5.1 51.4 5.1
Financing fees 1.8   1.8  
Supplemental Disclosures of Cash Flow Information:        
Cash paid for interest 8.4 9.2 25.0 25.1
Cash (received) paid for income taxes, net   $ (0.2) $ 0.3 $ 0.3