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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Cash flows from operating activities:    
Net earnings (loss) $ 25.6 $ (153.2)
Adjustments to reconcile net earnings (loss) to net cash from operating activities:    
Goodwill impairment charge 0.0 147.7
Deferred income taxes on goodwill impairment charge 0.0 (23.0)
Depreciation and amortization 5.9 6.0
Operating lease asset amortization 5.2 5.3
Provision for credit losses and sales allowances (0.1) (0.4)
Stock-based compensation 1.4 1.2
(Gain) loss on investment in Persol Holdings (30.0) 77.8
Gain on sale of assets 0.0 (32.1)
Equity in net (earnings) loss of PersolKelly Pte. Ltd. 1.1 1.5
Other, net 1.3 0.7
Changes in operating assets and liabilities, net of acquisitions 0.1 (23.1)
Net cash from operating activities 10.5 8.4
Cash flows from investing activities:    
Capital expenditures (2.7) (3.0)
Proceeds from company-owned life insurance 10.4 0.0
Proceeds from sale of assets 0.0 55.5
Acquisition of companies, net of cash received 0.0 (36.3)
Investment in equity securities 0.0 (0.3)
Other investing activities 0.2 0.0
Net cash from investing activities 7.9 15.9
Cash flows from financing activities:    
Net change in short-term borrowings 0.8 (0.1)
Financing lease payments (0.2) (0.3)
Payments of tax withholding for stock awards (0.5) (1.1)
Dividend payments 0.0 (3.0)
Other financing activities 0.0 (0.1)
Net cash from (used in) financing activities 0.1 (4.6)
Effect of exchange rates on cash, cash equivalents and restricted cash (1.4) 2.8
Net change in cash, cash equivalents and restricted cash 17.1 22.5
Cash, cash equivalents and restricted cash at beginning of period 228.1 31.0
Cash, cash equivalents and restricted cash at end of period 245.2 53.5
Cash and cash equivalents 239.4 48.3
Restricted cash included in prepaid expenses and other current assets 0.2 0.2
Restricted cash included in other assets $ 5.6 $ 5.0