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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net income $ 88.0 $ 56.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization [1] 25.7 21.1
Adjustment to fair value of contingent consideration (31.6) 0.0
Deferred taxes 13.9 1.9
Repayment of promissory note in civil complaint settlement 0.0 (5.0)
Excess tax benefit from stock-based payment arrangements (0.7) (0.7)
Cash contributions to defined benefit pension plans (7.9) (8.8)
Non-cash expense of defined benefit pension plans 0.4 3.0
Stock option compensation 2.7 1.7
Changes in assets and liabilities, net of effects of acquired and divested companies:    
Trade and other accounts receivable 21.2 17.4
Inventories 0.8 (14.8)
Prepaid expenses 4.0 2.0
Accounts payable and accrued liabilities (21.6) (20.0)
Accrued income taxes 0.8 10.7
Plant closure provisions 1.4 (0.7)
Profit on disposal of subsidiary (1.6) 0.0
Unrecognized tax benefits (2.6) (7.2)
Other non-current assets and liabilities (2.3) 2.2
Net cash provided by operating activities 90.6 59.0
Cash Flows from Investing Activities    
Capital expenditures (12.0) (9.3)
Proceeds from disposal of subsidiary 41.5 0.0
Business combinations, net of cash acquired 0.0 0.3
Internally developed software (7.0) (6.1)
Purchase of short-term investments (5.3) (4.2)
Sale of short-term investments 4.8 5.8
Net cash provided by/(used) in investing activities 22.0 (13.5)
Cash Flows from Financing Activities    
Non-controlling interest 0.4 0.0
Proceeds from revolving credit facility 0.0 8.0
Repayments of revolving credit facility (12.0) (35.0)
Repayments of term loans (0.4) (0.9)
Receipt of short-term borrowing 7.6 0.0
Refinancing costs 0.0 (0.1)
Excess tax benefit from stock-based payment arrangements 0.7 0.7
Dividend paid (7.3) (6.6)
Issue of treasury stock 1.0 0.4
Repurchase of common stock (15.4) (0.9)
Net cash used in financing activities (25.4) (34.4)
Effect of foreign currency exchange rate changes on cash (1.1) (0.9)
Net change in cash and cash equivalents 86.1 10.2
Cash and cash equivalents at beginning of period 41.6 80.2
Cash and cash equivalents at end of period $ 127.7 $ 90.4
[1] Amortization of deferred finance costs of $0.6 million (2014 - $0.5 million) are included in depreciation and amortization in the cash flow statement but in interest expense in the income statement.