XML 18 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities    
Net income (loss) $ (14.8) $ (17.5)
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:    
Depreciation and amortization 3.6 6.2
Interest on paid-in-kind toggle notes 0.8 3.4
Gain on early extinguishment of debt (33.6) (16.7)
Gain on sale of assets (1.7) (0.6)
Inventory valuation adjustment 0.0 0.7
Changes in operating assets and liabilities:    
Accounts receivable – (increase) decrease (32.1) (25.2)
Inventories, net – (increase) decrease 42.7 50.0
Payables under SWU purchase agreements – increase (decrease) (39.7) (50.9)
Deferred revenue, net of deferred costs – increase (decrease) 13.9 4.4
Accounts payable and other liabilities – (decrease) (24.7) (4.3)
Other, net (1.4) 0.6
Net Cash (Used in) Operating Activities (87.0) (49.9)
Cash Flows Provided by Investing Activities    
Capital expenditures (0.1) (2.9)
Proceeds from sales of assets (1.7) (1.0)
Deposits for surety bonds - net decrease 0.0 0.3
Net Cash Provided by (Used in) Investing Activities 1.6 (1.6)
Cash Flows Used in Financing Activities    
Repurchase of debt (27.6) (8.0)
Net Cash (Used in) Financing Activities (27.6) (8.0)
Net (Decrease) (113.0) (59.5)
Cash and Cash Equivalents at Beginning of Period 260.7 234.0
Cash and Cash Equivalents at End of Period 147.7 174.5
Supplemental Cash Flow Information:    
Interest paid 2.1 3.6
Conversion of interest payable-in-kind to long-term debt $ 0.8 $ 3.4