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Consolidated Statements of Cash Flows
$ in Millions
 12 Months Ended
Jan. 02, 2022
USD ($)
Jan. 03, 2021
USD ($)
Dec. 29, 2019
USD ($)
Cash flows from operating activities:      
Net earnings (loss) $ 156.1 $ (72.0) $ 112.4
Adjustments to reconcile net earnings to net cash from operating activities:      
Goodwill impairment charge 0.0 147.7 0.0
Deferred income taxes 21.6 (57.1) (18.3)
Depreciation and amortization 29.8 24.2 31.6
Operating lease asset amortization 21.2 21.1 22.3
Provision for credit losses and sales allowances 1.6 12.8 4.1
Stock-based compensation 5.1 3.9 5.6
(Gain) loss on investment in Persol Holdings (121.8) 16.6 (35.8)
Gain on insurance settlement (19.0) 0.0 0.0
Gain on sale of assets 0.0 (32.1) (12.3)
Asset impairment charge 0.0 0.0 15.8
Equity in net (earnings) loss of PersolKelly Pte. Ltd. (5.4) (0.8) 3.6
Other, net 6.0 1.4 (0.4)
Changes in operating assets and liabilities, net of acquisitions (10.2) 120.3 (26.4)
Net cash from operating activities 85.0 186.0 102.2
Cash flows from investing activities:      
Capital expenditures (11.2) (15.5) (20.0)
Proceeds from sale of assets 0.0 55.5 13.8
Acquisition of companies, net of cash received (213.0) (39.2) (86.4)
Proceeds from company-owned life insurance 12.2 2.3 3.0
Proceeds from Insurance Settlement, Investing Activities 19.0 0.0 0.0
Proceeds from sale of Brazil, net of cash disposed 0.0 1.2 0.0
Proceeds (payments) related to loans to equity affiliate 5.9 5.6 (4.4)
Proceeds from (investment in) equity securities 5.0    
Proceeds from (investment in) equity securities   (0.2) (1.0)
Other investing activities 1.4 0.1 0.7
Net cash (used in) from investing activities (180.7) 9.8 (94.3)
Cash flows from financing activities:      
Net change in short-term borrowings (0.2) (1.7) (0.3)
Financing lease payments (1.5) (2.0) (0.7)
Dividend payments (4.0) (3.0) (11.9)
Payments of tax withholding for stock awards (0.6) (1.2) (2.5)
Contingent consideration payments (1.6) 0.0 0.0
Other financing activities (0.2) (0.2) (0.7)
Net cash used in financing activities (8.1) (8.1) (16.1)
Effect of exchange rates on cash, cash equivalents and restricted cash (4.8) 9.4 (0.9)
Net change in cash, cash equivalents and restricted cash (108.6) 197.1 (9.1)
Cash, cash equivalents and restricted cash at beginning of year 228.1 [1] 31.0 [1] 40.1
Cash, cash equivalents and restricted cash at end of year 119.5 [1] 228.1 [1] 31.0 [1]
Cash and equivalents 112.7 223.0 25.8
Restricted cash included in prepaid expenses and other current assets 0.2 0.0 0.2
Restricted cash included in other assets $ 6.6 $ 5.1 $ 5.0
[1] (1) The following table provides a reconciliation of cash, cash equivalents and restricted cash to the amounts reported in our consolidated balance sheet: