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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Apr. 03, 2016
Mar. 29, 2015
OPERATING ACTIVITIES    
Net income $ 16.2 $ 11.6
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 7.3 7.9
Amortization of intangibles 5.1 5.1
Loss on disposal and impairment of property, plant and equipment and other 0.3 1.1
Stock-based compensation 2.8 2.3
Deferred income tax benefit (1.0) (1.8)
Gain on acquisition (1.7)  
Changes in operating assets and liabilities, net of effects from business acquisitions and divestures:    
Accounts receivable (16.0) (21.6)
Inventories (19.9) (0.4)
Prepaid expenses and other assets (2.3) 0.4
Accounts payable, accrued expenses and other liabilities (12.7) (3.8)
Net cash (used in) provided by operating activities (21.9) 0.8
INVESTING ACTIVITIES    
Additions to property, plant and equipment (9.2) (5.6)
Proceeds from sale of property, plant and equipment 0.1  
Restricted cash (18.2)  
Business acquisitions, net of cash acquired (2.1)  
Net cash used in investing activities (29.4) (5.6)
FINANCING ACTIVITIES    
Proceeds from long-term borrowings 300.0  
Payments of long-term debt (275.4) (0.3)
Payment of capital leases and other (0.5) (0.8)
Proceeds from share transactions under employee stock plans 0.6 0.5
Tax benefit of stock awards exercised   0.1
Payments to repurchase common stock (12.5) (9.4)
Debt issue costs (2.1)  
Dividends (5.9) (5.3)
Net cash provided by (used in) financing activities 4.2 (15.2)
Effect of exchange rate changes on cash and cash equivalents 10.3 (19.3)
DECREASE IN CASH AND CASH EQUIVALENTS (36.8) (39.3)
Cash and cash equivalents at beginning of year 296.2 301.1
CASH AND CASH EQUIVALENTS AT END OF PERIOD 259.4 261.8
Acquisition of businesses:    
Fair value of assets acquired 5.7  
Cash paid, net of cash acquired 2.1  
Gain on acquisition 1.7  
Liabilities assumed 1.9  
Issuance of stock under management stock purchase plan 0.7 0.3
CASH PAID FOR:    
Interest 1.2 1.2
Income taxes $ 5.5 $ 5.8