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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Jan. 03, 2015
Operating Activities      
Net (loss) income $ (71.5) $ 20.6 $ 16.4
Depreciation & amortization 238.7 223.8 110.7
Amortization of financing fees 5.6 4.8 2.5
Amortization of senior notes premium (5.9) (5.6) (0.4)
Share-based compensation expense 9.4 10.3 5.8
Provision (benefit) for deferred income taxes 21.2 (30.4) (65.8)
Unrealized commodity hedging loss (gain), net 9.8 (1.2) 1.2
Loss on disposal of property, plant & equipment, net 6.1 6.9 1.7
Write-off of financing fees and discount     4.1
Asset impairments 0.0 0.0 1.7
Other non-cash items 9.2 (8.2) (0.9)
Change in operating assets and liabilities, net of acquisitions:      
Accounts receivable 18.5 4.5 1.5
Inventories 22.6 6.5 12.9
Prepaid expenses and other current assets (3.1) 30.8 (25.2)
Other assets (0.5) (8.5) 1.7
Accounts payable and accrued liabilities, and other liabilities 12.8 (3.3) (6.8)
Income taxes recoverable (3.1) 3.6 (4.4)
Net cash provided by operating activities 269.8 254.6 56.7
Investing Activities      
Acquisitions, net of cash received (959.4) (24.0) (798.5)
Additions to property, plant & equipment (139.8) (110.8) (46.7)
Additions to intangible assets (8.1) (4.6) (6.9)
Proceeds from sale of property, plant & equipment and sale-leaseback 8.8 40.9 1.8
Proceeds from insurance recoveries 1.5    
Other investing activities 0.4 (1.2)  
Net cash used in investing activities (1,096.6) (99.7) (850.3)
Financing Activities      
Payments of long-term debt (3.6) (3.7) (393.6)
Issuance of long-term debt 498.7   1,150.0
Borrowings under ABL 2,403.2 994.5 959.0
Payments under ABL (2,320.3) (1,101.8) (779.6)
Distributions to non-controlling interests (7.7) (8.5) (8.5)
Issuance of common shares 366.8 143.1  
Financing fees (13.5) (0.6) (24.0)
Preferred shares repurchased and cancelled   (148.8)  
Common shares repurchased and cancelled (5.7) (0.8) (12.1)
Dividends to common and preferred shareholders (31.4) (31.0) (22.8)
Payment of deferred consideration for acquisitions (10.8) (2.5) (32.4)
Other financing activities     (0.3)
Net cash provided by (used in) financing activities 875.7 (160.1) 835.7
Effect of exchange rate changes on cash (7.9) (3.9) (3.1)
Net increase (decrease) in cash & cash equivalents 41.0 (9.1) 39.0
Cash & cash equivalents, beginning of period 77.1 86.2 47.2
Cash & cash equivalents, end of period 118.1 77.1 86.2
Supplemental Non-cash Investing and Financing Activities:      
Additions to property, plant & equipment through accounts payable and accrued liabilities 5.4 5.8 7.8
Acquisition related deferred consideration     19.0
Accrued deferred financing fees 0.5   1.5
Dividends payable issued through accounts payable and other accrued liabilities 0.3    
Preferred Shares issued as consideration for DSS Acquisition     148.8
Supplemental Disclosures of Cash Flow Information:      
Cash paid for interest 125.0 113.2 45.5
Cash paid for income taxes, net $ 3.8 $ 2.8 $ 2.5