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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Sep. 02, 2023
Sep. 03, 2022
Cash Flows from Operating Activities:    
Net earnings $ 16.1 $ 27.4
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 37.2 39.6
Stock-based compensation 6.4 5.4
Amortization of deferred financing costs 1.2 1.2
Deferred taxes 0.0 0.1
Restructuring expense 5.2 0.5
Decrease (increase) in current assets 73.3 (47.2)
(Decrease) in current liabilities (4.8) (91.2)
Other, net (3.7) (0.6)
Net Cash Provided by (Used in) Operating Activities 130.9 (64.8)
Cash Flows from Investing Activities:    
Notes receivables issued (6.5) (4.5)
Capital expenditures (19.9) (17.3)
Proceeds from loan on cash surrender value of life insurance 0.0 13.5
Other, net 0.1 (1.9)
Net Cash (Used in) Investing Activities (26.3) (10.2)
Cash Flows from Financing Activities:    
Repayments of long-term debt (6.6) (6.6)
Proceeds from credit facility 153.1 401.4
Repayments of credit facility (212.5) (290.5)
Dividends paid (14.2) (14.2)
Common stock issued 0.8 1.7
Common stock repurchased and retired (32.0) (14.3)
Other, net 0.3 (0.5)
Net Cash (Used in) Provided by Financing Activities (111.1) 77.0
Effect of Exchange Rate Changes on Cash and Cash Equivalents 0.5 (16.5)
Net Decrease in Cash and Cash Equivalents (6.0) (14.5)
Cash and Cash Equivalents, Beginning of Period 223.5 230.3
Cash and Cash Equivalents, End of Period $ 217.5 $ 215.8