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Consolidated Statements of Cash Flows Unaudited (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Sep. 27, 2014
Sep. 28, 2013
Operating Activities        
Net income (loss) $ 1.7 $ 13.3 $ (5.4) $ 32.4
Depreciation & amortization 27.2 25.1 78.5 74.7
Amortization of financing fees 0.7 0.7 1.9 2.2
Share-based compensation expense 1.5 1.1 4.9 3.6
Increase in deferred income taxes 2.2 0.3 3.7 1.9
Write-off of financing fees and discount 0.8 0 4.1 0
Loss on disposal of property, plant & equipment 0.7 1.1 1.2 1.4
Asset impairments (0.2) 0 1.7 0
Other non-cash items 0 0 (0.7) 0.2
Change in operating assets and liabilities, net of acquisitions:        
Accounts receivable 27.2 19.0 (39.1) (38.8)
Inventories 17.4 26.6 9.8 15.8
Prepaid expenses and other current assets (0.5) 0 (1.5) (2.0)
Other assets 0 6.1 (0.2) 6.0
Accounts payable and accrued liabilities, and other liabilities (17.5) (6.0) (20.2) (34.9)
Income taxes recoverable (0.7) 0.1 (1.1) 0.4
Net cash provided by operating activities 60.5 87.4 37.6 62.9
Investing Activities        
Acquisitions, net of cash received 0 (4.7) (80.8) (11.2)
Additions to property, plant & equipment (10.8) (10.2) (31.4) (44.7)
Additions to intangibles and other assets (1.5) (2.1) (4.3) (4.0)
Proceeds from sale of property, plant & equipment 1.6 0.2 1.6 0.2
Proceeds from insurance recoveries 0 0 0 0.4
Net cash used in investing activities (10.7) (16.8) (114.9) (59.3)
Financing Activities        
Payments of long-term debt (80.1) (0.6) (392.6) (20.2)
Issuance of long-term debt 0 0 525.0 0
Borrowings under ABL 191.1 0 474.3 0
Payments under ABL (156.0) 0 (455.4) 0
Distributions to non-controlling interests (2.4) (2.2) (7.2) (5.0)
Financing fees (1.2) (0.1) (9.1) (0.1)
Common shares repurchased and cancelled (4.6) (4.5) (7.7) (12.9)
Dividends to shareholders (5.6) (5.5) (16.4) (16.7)
Payment of deferred consideration for acquisitions (32.4) 0 (32.4) 0
Net cash (used in) provided by financing activities (91.2) (12.9) 78.5 (54.9)
Effect of exchange rate changes on cash (2.1) 1.3 (1.0) (2.3)
Net (decrease) increase in cash & cash equivalents (43.5) 59.0 0.2 (53.6)
Cash & cash equivalents, beginning of period 90.9 66.8 47.2 179.4
Cash & cash equivalents, end of period 47.4 125.8 47.4 125.8
Supplemental Non-cash Investing and Financing Activities:        
Acquisition related deferred consideration 0 0 19.0 5.1
Financing fees 0 0 0.2 0
Supplemental Disclosures of Cash Flow Information:        
Cash paid for interest 3.9 15.9 28.9 41.0
Cash paid (received) for income taxes, net $ 1.0 $ (0.2) $ 1.3 $ 0.1