v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
OPERATING ACTIVITIES      
Net earnings $ 32.4 $ 92.4 $ 82.2
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 59.3 60.2 56.7
Provision for expected losses on accounts receivable 11.1 17.6 13.7
Impairment charges 3.9 0.6 0.1
Share-based compensation expense 31.4 25.2 22.5
Deferred income taxes (10.0) (9.4) (14.6)
Pension plan settlement charge 82.8 0.0 0.0
Gain on sales of long-lived assets (0.5) (9.8) (0.8)
Gain on sales of investments in equity securities (0.1) (0.2) (7.0)
(Gain) loss on sale of a business 0.0 (0.4) 6.1
Amortization of operating lease right-of-use assets 6.8 9.3 15.4
Other 0.9 1.3 0.9
Changes in operating assets and liabilities:      
Receivables, net (15.2) (4.4) (2.3)
Prepaid expenses and other current assets (1.9) (6.3) 1.7
Accounts payable (4.4) (5.7) (15.3)
Income taxes payable and receivable (3.3) (0.5) (3.6)
Accrued liabilities and other (5.7) 16.9 (13.8)
Operating lease liabilities (9.5) (13.8) (16.1)
Pension and other postretirement benefits plans contributions (13.1) (1.9) (1.8)
Net cash provided by operating activities 164.9 171.1 124.0
INVESTING ACTIVITIES      
Capital expenditures (57.1) (65.9) (61.8)
Proceeds from sales of investments in equity securities 0.1 0.2 10.0
Proceeds from sale of long-lived assets 0.0 12.4 0.0
Proceeds from sale of a business 0.0 0.0 0.5
Net cash used in investing activities (57.0) (53.3) (51.3)
FINANCING ACTIVITIES      
Revolving facility borrowings 309.5 159.5 302.0
Payments on revolving facility borrowings (248.5) (159.5) (347.0)
Payments on long-term debt (129.3) 0.0 0.0
Proceeds from issuance of long-term debt 115.0 0.0 0.0
Debt issuance costs (2.2) 0.0 0.0
Treasury share repurchases (185.0) (81.6) (40.3)
Cash received for common stock issuances 1.9 2.4 3.1
Finance lease payments (3.2) (2.9) (2.4)
Net cash used in financing activities (141.8) (82.1) (84.6)
Effect of exchange rate on cash and cash equivalents 1.1 (1.5) 0.8
Net (decrease) increase in cash and cash equivalents (32.8) 34.2 (11.1)
Cash and cash equivalents at beginning of year 57.3 23.1 34.2
Cash and cash equivalents at end of year 24.5 57.3 23.1
Supplemental cash flow information:      
Income taxes paid (net of refunds) 24.6 40.8 38.3
Interest paid 11.6 13.3 16.6
Non-cash investing activities:      
Capitalized software included in accounts payable 5.4 0.6 0.1
Non-cash consideration from sale of investment in an equity security (Note 1) $ 0.0 $ 0.0 $ 2.9