XML 39 R23.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Condensed Consolidating Financial Statements | 12 Months Ended
--- | ---
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Financial Statements | Condensed Consolidating Financial Statements The Company has $300.0 million in outstanding 6.5% Notes (see Note 4). The 6.5% Notes are guaranteed by the Subsidiary Guarantors and are collateralized by the assets of certain of the Company’s 100% owned subsidiaries. The 6.5% Notes are fully and unconditionally guaranteed on a joint and several basis by each guarantor subsidiary and the Company. There are no contractual restrictions limiting cash transfers from guarantor subsidiaries by dividends, loans or advances to the Company. The 6.5% Notes are not guaranteed by the Company’s foreign subsidiaries (the “Non-Guarantor Subsidiaries”). The following tables present condensed consolidating financial statements for the parent company, the Subsidiary Guarantors and the Non-Guarantor Subsidiaries, respectively, for 2017, 2016, and 2015. The consolidating financial information below follows the same accounting policies as described in the consolidated financial statements, except for the use of the equity method of accounting to reflect ownership interests in wholly-owned subsidiaries, which are eliminated upon consolidation.
Condensed Consolidating Balance Sheet December 31, 2017 (in millions)
| Parent Company |  | Subsidiary Guarantors on a Combined Basis |  | Non-Guarantors on a Combined Basis |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 121.1 |  |  | $ | (2.2 | ) |  | $ | 10.7 |  |  | $ | — |  |  | $ | 129.6 |
Accounts receivable, net | — |  |  | 239.9 |  |  | 28.5 |  |  | — |  |  | 268.4 |
Amounts due from affiliated companies | 238.1 |  |  | — |  |  | — |  |  | (238.1 | ) |  | — |
Inventoried costs | — |  |  | 32.2 |  |  | 18.2 |  |  | — |  |  | 50.4 |
Other current assets | 3.9 |  |  | 15.6 |  |  | 3.4 |  |  | — |  |  | 22.9 |
Total current assets | 363.1 |  |  | 285.5 |  |  | 60.8 |  |  | (238.1 | ) |  | 471.3 |
Property, plant and equipment, net | 1.9 |  |  | 52.5 |  |  | 6.8 |  |  | — |  |  | 61.2 |
Goodwill | — |  |  | 418.3 |  |  | 42.9 |  |  | — |  |  | 461.2 |
Intangible assets, net | — |  |  | 15.8 |  |  | 6.2 |  |  | — |  |  | 22.0 |
Investment in subsidiaries | 471.1 |  |  | 70.0 |  |  | — |  |  | (541.1 | ) |  | — |
Other assets | 0.8 |  |  | 7.5 |  |  | — |  |  | — |  |  | 8.3 |
Total assets | $ | 836.9 |  |  | $ | 849.6 |  |  | $ | 116.7 |  |  | $ | (779.2 | ) |  | $ | 1,024.0 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable | $ | 2.3 |  |  | $ | 42.0 |  |  | $ | 4.5 |  |  | $ | — |  |  | $ | 48.8 |
Accrued expenses | 5.7 |  |  | 38.3 |  |  | 3.3 |  |  | — |  |  | 47.3 |
Accrued compensation | 5.6 |  |  | 25.3 |  |  | 3.9 |  |  | — |  |  | 34.8 |
Billings in excess of costs and earnings on uncompleted contracts | — |  |  | 42.6 |  |  | 4.6 |  |  | — |  |  | 47.2 |
Amounts due to affiliated companies | — |  |  | 206.4 |  |  | 31.7 |  |  | (238.1 | ) |  | — |
Other current liabilities | 1.4 |  |  | 4.6 |  |  | 3.7 |  |  | — |  |  | 9.7 |
Current liabilities of discontinued operations | 1.0 |  |  | — |  |  | 0.1 |  |  | — |  |  | 1.1 |
Total current liabilities | 16.0 |  |  | 359.2 |  |  | 51.8 |  |  | (238.1 | ) |  | 188.9 |
Long-term debt, net of current portion | 293.5 |  |  | — |  |  | — |  |  | — |  |  | 293.5 |
Other long-term liabilities | 12.1 |  |  | 7.3 |  |  | 6.9 |  |  | — |  |  | 26.3 |
Non-current liabilities of discontinued operations | 3.8 |  |  | — |  |  | — |  |  | — |  |  | 3.8 |
Total liabilities | 325.4 |  |  | 366.5 |  |  | 58.7 |  |  | (238.1 | ) |  | 512.5 |
Total stockholders’ equity | 511.5 |  |  | 483.1 |  |  | 58.0 |  |  | (541.1 | ) |  | 511.5 |
Total liabilities and stockholders’ equity | $ | 836.9 |  |  | $ | 849.6 |  |  | $ | 116.7 |  |  | $ | (779.2 | ) |  | $ | 1,024.0 |
Condensed Consolidating Balance Sheet December 25, 2016 (in millions)
| Parent Company |  | Subsidiary Guarantors on a Combined Basis |  | Non-Guarantors on a Combined Basis |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 67.2 |  |  | $ | (3.3 | ) |  | $ | 5.2 |  |  | $ | — |  |  | $ | 69.1 |
Accounts receivable, net | — |  |  | 197.9 |  |  | 31.5 |  |  | — |  |  | 229.4 |
Amounts due from affiliated companies | 204.6 |  |  | — |  |  | — |  |  | (204.6 | ) |  | — |
Inventoried costs | — |  |  | 37.2 |  |  | 18.2 |  |  | — |  |  | 55.4 |
Other current assets | 6.3 |  |  | 11.6 |  |  | 1.3 |  |  | — |  |  | 19.2 |
Total current assets | 278.1 |  |  | 243.4 |  |  | 56.2 |  |  | (204.6 | ) |  | 373.1 |
Property, plant and equipment, net | 1.6 |  |  | 41.7 |  |  | 6.5 |  |  | — |  |  | 49.8 |
Goodwill | — |  |  | 442.5 |  |  | 42.9 |  |  | — |  |  | 485.4 |
Intangible assets, net | — |  |  | 24.5 |  |  | 8.1 |  |  | — |  |  | 32.6 |
Investment in subsidiaries | 458.0 |  |  | 67.5 |  |  | — |  |  | (525.5 | ) |  | — |
Other assets | 0.4 |  |  | 7.3 |  |  | — |  |  | — |  |  | 7.7 |
Total assets | $ | 738.1 |  |  | $ | 826.9 |  |  | $ | 113.7 |  |  | $ | (730.1 | ) |  | $ | 948.6 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable | $ | 4.5 |  |  | $ | 43.7 |  |  | $ | 4.5 |  |  | $ | — |  |  | $ | 52.7 |
Accrued expenses | 5.6 |  |  | 44.5 |  |  | 3.5 |  |  | — |  |  | 53.6 |
Accrued compensation | 4.0 |  |  | 31.2 |  |  | 3.9 |  |  | — |  |  | 39.1 |
Billings in excess of costs and earnings on uncompleted contracts | — |  |  | 38.9 |  |  | 2.9 |  |  | — |  |  | 41.8 |
Amounts due to affiliated companies | — |  |  | 174.6 |  |  | 30.0 |  |  | (204.6 | ) |  | — |
Other current liabilities | 1.4 |  |  | 4.1 |  |  | 2.2 |  |  | — |  |  | 7.7 |
Current liabilities of discontinued operations | 1.5 |  |  | — |  |  | 0.1 |  |  | — |  |  | 1.6 |
Total current liabilities | 17.0 |  |  | 337.0 |  |  | 47.1 |  |  | (204.6 | ) |  | 196.5 |
Long-term debt, net of current portion | 430.2 |  |  | — |  |  | 0.8 |  |  | — |  |  | 431.0 |
Other long-term liabilities | 10.8 |  |  | 19.9 |  |  | 10.3 |  |  | — |  |  | 41.0 |
Non-current liabilities of discontinued operations | 3.7 |  |  | — |  |  | — |  |  | — |  |  | 3.7 |
Total liabilities | 461.7 |  |  | 356.9 |  |  | 58.2 |  |  | (204.6 | ) |  | 672.2 |
Total stockholders’ equity | 276.4 |  |  | 470.0 |  |  | 55.5 |  |  | (525.5 | ) |  | 276.4 |
Total liabilities and stockholders’ equity | $ | 738.1 |  |  | $ | 826.9 |  |  | $ | 113.7 |  |  | $ | (730.1 | ) |  | $ | 948.6 |
Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) Year Ended December 31, 2017 (in millions)
| Parent Company |  | Subsidiary Guarantors on a Combined Basis |  | Non-Guarantors on a Combined Basis |  | Eliminations |  | Consolidated
Service revenues | $ | — |  |  | $ | 334.3 |  |  | $ | 12.1 |  |  | $ | — |  |  | $ | 346.4 |
Product sales | — |  |  | 360.2 |  |  | 60.0 |  |  | (14.7 | ) |  | 405.5 |
Total revenues | — |  |  | 694.5 |  |  | 72.1 |  |  | (14.7 | ) |  | 751.9 |
Cost of service revenues | — |  |  | 238.6 |  |  | 8.9 |  |  | — |  |  | 247.5 |
Cost of product sales | — |  |  | 274.4 |  |  | 47.4 |  |  | (14.7 | ) |  | 307.1 |
Total costs | — |  |  | 513.0 |  |  | 56.3 |  |  | (14.7 | ) |  | 554.6 |
Gross profit | — |  |  | 181.5 |  |  | 15.8 |  |  | — |  |  | 197.3 |
Selling, general and administrative expenses | 9.1 |  |  | 163.6 |  |  | 12.6 |  |  | — |  |  | 185.3 |
Research and development expenses | — |  |  | 16.6 |  |  | 1.2 |  |  | — |  |  | 17.8 |
Operating income (loss) from continuing operations | (9.1 | ) |  | 1.3 |  |  | 2.0 |  |  | — |  |  | (5.8 | )
Other income (expense): |  |  |  |  |  |  |  |  |
Interest income (expense), net | (28.9 | ) |  | 0.2 |  |  | 0.1 |  |  | — |  |  | (28.6 | )
Loss on extinguishment of debt | (17.3 | ) |  | — |  |  | — |  |  | — |  |  | (17.3 | )
Other income (expense), net | — |  |  | 0.2 |  |  | 0.7 |  |  | — |  |  | 0.9 |
Total other income (expense), net | (46.2 | ) |  | 0.4 |  |  | 0.8 |  |  | — |  |  | (45.0 | )
Income (loss) from continuing operations before income taxes | (55.3 | ) |  | 1.7 |  |  | 2.8 |  |  | — |  |  | (50.8 | )
Provision (benefit) for income taxes from continuing operations | 0.4 |  |  | (8.9 | ) |  | 0.3 |  |  | — |  |  | (8.2 | )
Income (loss) from continuing operations | (55.7 | ) |  | 10.6 |  |  | 2.5 |  |  | — |  |  | (42.6 | )
Loss from discontinued operations | (0.1 | ) |  | — |  |  | — |  |  | — |  |  | (0.1 | )
Equity in net income (loss) of subsidiaries | 13.1 |  |  | 2.5 |  |  | — |  |  | (15.6 | ) |  | — |
Net income (loss) | $ | (42.7 | ) |  | $ | 13.1 |  |  | $ | 2.5 |  |  | $ | (15.6 | ) |  | $ | (42.7 | )
Comprehensive income (loss) | $ | (42.4 | ) |  | $ | 13.1 |  |  | $ | 2.8 |  |  | $ | (15.9 | ) |  | $ | (42.4 | )
Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) Year Ended December 25, 2016 (in millions)
| Parent Company |  | Subsidiary Guarantors on a Combined Basis |  | Non-Guarantors on a Combined Basis |  | Eliminations |  | Consolidated
Service revenues | $ | — |  |  | $ | 330.9 |  |  | $ | 17.2 |  |  | $ | — |  |  | $ | 348.1 |
Product sales | — |  |  | 273.8 |  |  | 54.6 |  |  | (7.8 | ) |  | 320.6 |
Total revenues | — |  |  | 604.7 |  |  | 71.8 |  |  | (7.8 | ) |  | 668.7 |
Cost of service revenues | — |  |  | 244.0 |  |  | 11.8 |  |  | — |  |  | 255.8 |
Cost of product sales | — |  |  | 225.0 |  |  | 42.1 |  |  | (7.8 | ) |  | 259.3 |
Total costs | — |  |  | 469.0 |  |  | 53.9 |  |  | (7.8 | ) |  | 515.1 |
Gross profit | — |  |  | 135.7 |  |  | 17.9 |  |  | — |  |  | 153.6 |
Selling, general and administrative expenses | 6.3 |  |  | 142.3 |  |  | 9.7 |  |  | — |  |  | 158.3 |
Research and development expenses | — |  |  | 13.5 |  |  | 0.4 |  |  | — |  |  | 13.9 |
Operating income (loss) from continuing operations | (6.3 | ) |  | (20.1 | ) |  | 7.8 |  |  | — |  |  | (18.6 | )
Other income (expense): |  |  |  |  |  |  |  |  |
Interest expense, net | (34.6 | ) |  | (0.1 | ) |  | — |  |  | — |  |  | (34.7 | )
Gain on extinguishment of debt | 0.2 |  |  | — |  |  | — |  |  | — |  |  | 0.2 |
Other income (expense), net | — |  |  | 0.2 |  |  | 0.6 |  |  | — |  |  | 0.8 |
Total other income (expense), net | (34.4 | ) |  | 0.1 |  |  | 0.6 |  |  | — |  |  | (33.7 | )
Income (loss) from continuing operations before income taxes | (40.7 | ) |  | (20.0 | ) |  | 8.4 |  |  | — |  |  | (52.3 | )
Provision (benefit) for income taxes from continuing operations | (0.1 | ) |  | 7.0 |  |  | 1.2 |  |  | — |  |  | 8.1 |
Income (loss) from continuing operations | (40.6 | ) |  | (27.0 | ) |  | 7.2 |  |  | — |  |  | (60.4 | )
Loss from discontinued operations | (0.1 | ) |  | — |  |  | — |  |  | — |  |  | (0.1 | )
Equity in net income (loss) of subsidiaries | (19.8 | ) |  | 7.2 |  |  | — |  |  | 12.6 |  |  | — |
Net income (loss) | $ | (60.5 | ) |  | $ | (19.8 | ) |  | $ | 7.2 |  |  | $ | 12.6 |  |  | $ | (60.5 | )
Comprehensive income (loss) | $ | (60.8 | ) |  | $ | (19.8 | ) |  | $ | 6.9 |  |  | $ | 12.9 |  |  | $ | (60.8 | )
Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) Year Ended December 27, 2015 (in millions)
| Parent Company |  | Subsidiary Guarantors on a Combined Basis |  | Non-Guarantors on a Combined Basis |  | Eliminations |  | Consolidated
Service revenues | $ | — |  |  | $ | 339.0 |  |  | $ | 15.2 |  |  | $ | — |  |  | $ | 354.2 |
Product sales | — |  |  | 262.3 |  |  | 56.3 |  |  | (15.7 | ) |  | 302.9 |
Total revenues | — |  |  | 601.3 |  |  | 71.5 |  |  | (15.7 | ) |  | 657.1 |
Cost of service revenues | — |  |  | 255.5 |  |  | 11.0 |  |  | — |  |  | 266.5 |
Cost of product sales | — |  |  | 203.1 |  |  | 41.4 |  |  | (15.7 | ) |  | 228.8 |
Total costs | — |  |  | 458.6 |  |  | 52.4 |  |  | (15.7 | ) |  | 495.3 |
Gross profit | — |  |  | 142.7 |  |  | 19.1 |  |  | — |  |  | 161.8 |
Selling, general and administrative expenses | 10.1 |  |  | 130.8 |  |  | 9.2 |  |  | — |  |  | 150.1 |
Research and development expenses | — |  |  | 15.7 |  |  | 0.5 |  |  | — |  |  | 16.2 |
Operating income (loss) from continuing operations | (10.1 | ) |  | (3.8 | ) |  | 9.4 |  |  | — |  |  | (4.5 | )
Other income (expense): |  |  |  |  | . |  |  |  |
Interest expense, net | (35.8 | ) |  | (0.1 | ) |  | (0.1 | ) |  | — |  |  | (36.0 | )
Loss on extinguishment of debt | (3.4 | ) |  | — |  |  | — |  |  | — |  |  | (3.4 | )
Other income (expense), net | — |  |  | (3.3 | ) |  | 2.6 |  |  | — |  |  | (0.7 | )
Total other income (expense), net | (39.2 | ) |  | (3.4 | ) |  | 2.5 |  |  | — |  |  | (40.1 | )
Income (loss) from continuing operations before income taxes | (49.3 | ) |  | (7.2 | ) |  | 11.9 |  |  | — |  |  | (44.6 | )
Provision (benefit) for income taxes from continuing operations | (17.8 | ) |  | 4.4 |  |  | 2.0 |  |  | — |  |  | (11.4 | )
Income (loss) from continuing operations | (31.5 | ) |  | (11.6 | ) |  | 9.9 |  |  | — |  |  | (33.2 | )
Income (loss) from discontinued operations | 71.8 |  |  | (21.1 | ) |  | 2.3 |  |  | — |  |  | 53.0 |
Equity in net income (loss) of subsidiaries | (20.5 | ) |  | 12.2 |  |  | — |  |  | 8.3 |  |  | — |
Net income (loss) | $ | 19.8 |  |  | $ | (20.5 | ) |  | $ | 12.2 |  |  | $ | 8.3 |  |  | $ | 19.8 |
Comprehensive income (loss) | $ | 20.1 |  |  | $ | (20.5 | ) |  | $ | 12.3 |  |  | $ | 8.2 |  |  | $ | 20.1 |
Condensed Consolidating Statement of Cash Flows Year Ended December 31, 2017 (in million)
| Parent Company |  | Subsidiary Guarantors on a Combined Basis |  | Non-Guarantors on a Combined Basis |  | Eliminations |  | Consolidated
Net cash provided by (used in) operating activities from continuing operations | $ | (25.9 | ) |  | $ | (8.8 | ) |  | $ | 7.7 |  |  | $ | — |  |  | $ | (27.0 | )
Investing activities: |  |  |  |  |  |  |  |  |
Investment in affiliated companies | (33.2 | ) |  | — |  |  | — |  |  | 33.2 |  |  | — |
Capital expenditures | (0.8 | ) |  | (23.9 | ) |  | (1.8 | ) |  | — |  |  | (26.5 | )
Proceeds from sale of assets | — |  |  | 0.7 |  |  | — |  |  | — |  |  | 0.7 |
Net cash provided by (used in) investing activities from continuing operations | (34.0 | ) |  | (23.2 | ) |  | (1.8 | ) |  | 33.2 |  |  | (25.8 | )
Financing activities: |  |  |  |  |  |  |  |  |
Proceeds from the issuance of long-term debt | 300.0 |  |  | — |  |  | — |  |  | — |  |  | 300.0 |
Extinguishment of long-term debt | (448.8 | ) |  | — |  |  | — |  |  | — |  |  | (448.8 | )
Repayments under credit facility | — |  |  | — |  |  | (1.0 | ) |  | — |  |  | (1.0 | )
Debt issuance costs | (6.6 | ) |  | — |  |  | — |  |  | — |  |  | (6.6 | )
Proceeds from the issuance of common stock | 269.1 |  |  | — |  |  | — |  |  | — |  |  | 269.1 |
Proceeds from exercise of restricted stock units, employee stock options, employee stock purchase plan, and other | 0.7 |  |  | — |  |  | — |  |  | — |  |  | 0.7 |
Financings from affiliated companies | — |  |  | 33.2 |  |  | — |  |  | (33.2 | ) |  | — |
Net cash provided by (used in) financing activities from continuing operations | 114.4 |  |  | 33.2 |  |  | (1.0 | ) |  | (33.2 | ) |  | 113.4 |
Net cash flows of continuing operations | 54.5 |  |  | 1.2 |  |  | 4.9 |  |  | — |  |  | 60.6 |
Net investing cash flows from discontinued operations | (0.6 | ) |  | — |  |  | — |  |  | — |  |  | (0.6 | )
Effect of exchange rate changes on cash and cash equivalents | — |  |  | — |  |  | 0.5 |  |  | — |  |  | 0.5 |
Net increase in cash and cash equivalents | $ | 53.9 |  |  | $ | 1.2 |  |  | $ | 5.4 |  |  | $ | — |  |  | $ | 60.5 |
Condensed Consolidating Statement of Cash Flows Year Ended December 25, 2016 (in millions)
| Parent Company |  | Subsidiary Guarantors on a Combined Basis |  | Non-Guarantors on a Combined Basis |  | Eliminations |  | Consolidated
Net cash provided by (used in) operating activities from continuing operations | $ | (26.3 | ) |  | $ | 16.6 |  |  | $ | (2.7 | ) |  | $ | — |  |  | $ | (12.4 | )
Investing activities: |  |  |  |  |  |  |  |  |
Cash paid for acquisitions, net of cash acquired | — |  |  | (5.1 | ) |  | — |  |  | — |  |  | (5.1 | )
Change in restricted cash | — |  |  | 0.3 |  |  | — |  |  | — |  |  | 0.3 |
Investment in affiliated companies | — |  |  | (3.0 | ) |  | — |  |  | 3.0 |  |  | — |
Capital expenditures | (0.5 | ) |  | (7.1 | ) |  | (1.6 | ) |  | — |  |  | (9.2 | )
Proceeds from the sale of assets | — |  |  | 0.1 |  |  | — |  |  | — |  |  | 0.1 |
Net cash provided by (used in) investing activities from continuing operations | (0.5 | ) |  | (14.8 | ) |  | (1.6 | ) |  | 3.0 |  |  | (13.9 | )
Financing activities: |  |  |  |  |  |  |  |  |
Extinguishment of long-term debt | (14.1 | ) |  | — |  |  | — |  |  | — |  |  | (14.1 | )
Repayments under credit facility | — |  |  | — |  |  | (1.0 | ) |  | — |  |  | (1.0 | )
Proceeds from the issuance of common stock | 76.2 |  |  | — |  |  | — |  |  | — |  |  | 76.2 |
Proceeds from exercise of restricted stock units, employee stock options, and employee stock purchase plan | 2.0 |  |  | — |  |  | — |  |  | — |  |  | 2.0 |
Financings from affiliated companies | 3.0 |  |  | — |  |  | — |  |  | (3.0 | ) |  | — |
Net cash provided by (used in) financing activities from continuing operations | 67.1 |  |  | — |  |  | (1.0 | ) |  | (3.0 | ) |  | 63.1 |
Net cash flows of continuing operations | 40.3 |  |  | 1.8 |  |  | (5.3 | ) |  | — |  |  | 36.8 |
Net operating cash flows from discontinued operations | 0.4 |  |  | (0.3 | ) |  | — |  |  | — |  |  | 0.1 |
Net investing cash flows from discontinued operations | 4.0 |  |  | — |  |  | — |  |  | — |  |  | 4.0 |
Effect of exchange rate changes on cash and cash equivalents | — |  |  | — |  |  | (0.3 | ) |  | — |  |  | (0.3 | )
Net increase (decrease) in cash and cash equivalents | $ | 44.7 |  |  | $ | 1.5 |  |  | $ | (5.6 | ) |  | $ | — |  |  | $ | 40.6 |
Condensed Consolidating Statement of Cash Flows Year Ended December 27, 2015 (in millions)
| Parent Company |  | Subsidiary Guarantors on a Combined Basis |  | Non-Guarantors on a Combined Basis |  | Eliminations |  | Consolidated
Net cash provided by (used in) operating activities from continuing operations | $ | (2.0 | ) |  | $ | (30.8 | ) |  | $ | 3.1 |  |  | $ | — |  |  | $ | (29.7 | )
Investing activities: |  |  |  |  |  |  |  |  |
Change in restricted cash | — |  |  | 4.7 |  |  | — |  |  | — |  |  | 4.7 |
Investment in affiliated companies | (33.8 | ) |  | — |  |  | — |  |  | 33.8 |  |  | — |
Capital expenditures | (1.0 | ) |  | (9.5 | ) |  | (0.8 | ) |  | — |  |  | (11.3 | )
Proceeds from the sale of assets | — |  |  | 0.9 |  |  | — |  |  | — |  |  | 0.9 |
Net cash provided by (used in) investing activities from continuing operations | (34.8 | ) |  | (3.9 | ) |  | (0.8 | ) |  | 33.8 |  |  | (5.7 | )
Financing activities: |  |  |  |  |  |  |  |  |
Extinguishment of long-term debt | (175.0 | ) |  | — |  |  | — |  |  | — |  |  | (175.0 | )
Repayments under credit facility | (41.0 | ) |  | — |  |  | (1.0 | ) |  | — |  |  | (42.0 | )
Proceeds from exercise of restricted stock units, employee stock options, and employee stock purchase plan | 3.4 |  |  | — |  |  | — |  |  | — |  |  | 3.4 |
Financing from affiliated companies | — |  |  | 33.8 |  |  | — |  |  | (33.8 | ) |  | — |
Other, net | — |  |  | (1.1 | ) |  | — |  |  | — |  |  | (1.1 | )
Net cash provided by (used in) financing activities from continuing operations | (212.6 | ) |  | 32.7 |  |  | (1.0 | ) |  | (33.8 | ) |  | (214.7 | )
Net cash flows of continuing operations | (249.4 | ) |  | (2.0 | ) |  | 1.3 |  |  | — |  |  | (250.1 | )
Net operating cash flows from discontinued operations | — |  |  | 3.1 |  |  | (0.3 | ) |  | — |  |  | 2.8 |
Net investing cash flows from discontinued operations | 243.2 |  |  | (0.4 | ) |  | (0.3 | ) |  | — |  |  | 242.5 |
Effect of exchange rate changes on cash and cash equivalents | — |  |  | — |  |  | (0.2 | ) |  | — |  |  | (0.2 | )
Net increase (decrease) in cash and cash equivalents | $ | (6.2 | ) |  | $ | 0.7 |  |  | $ | 0.5 |  |  | $ | — |  |  | $ | (5.0 | )

X
- References No definition available. + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for condensed financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161450&loc=d3e5614-111684 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01(a)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 + Details
Name: | us-gaap_CondensedFinancialStatementsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration