XML 22 R10.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Cash flows from operating activities:    
Net earnings $ 30.4 $ 18.4
Adjustments to reconcile net earnings to net cash from operating activities:    
Asset impairment charge 5.5 2.4
Gain on sale of EMEA staffing operations (1.6) 0.0
Gain on sale of assets (5.5) 0.0
Depreciation and amortization 17.6 17.2
Operating lease asset amortization 4.6 8.4
Provision for credit losses and sales allowances (0.2) 0.4
Stock-based compensation 5.2 5.6
Gain on sale of equity securities 0.0 (2.0)
Gain on forward contract (1.2) 0.0
Other, net (1.1) 0.5
Changes in operating assets and liabilities, net of acquisition (21.5) (27.5)
Net cash from operating activities 32.2 23.4
Cash flows from investing activities:    
Capital expenditures (6.7) (9.3)
Proceeds from sale of EMEA staffing operations, net of cash disposed 77.1 0.0
Proceeds from sale of assets 4.4 0.0
Acquisition of company, net of cash received (427.4) 0.0
Payment for settlement of forward contract (2.4) 0.0
Proceeds from equity securities 0.0 2.0
Other investing activities 1.9 (0.4)
Net cash used in investing activities (353.1) (7.7)
Cash flows from financing activities:    
Net change in short-term borrowings 0.0 (0.7)
Proceeds from long-term debt 378.6 0.0
Payments on long-term debt (168.2) 0.0
Financing lease payments 0.0 (0.5)
Dividend payments (5.4) (5.6)
Payments of tax withholding for stock awards (2.1) (1.3)
Buyback of common shares 0.0 (34.8)
Contingent consideration payments 0.0 (2.5)
Other financing activities (1.3) 0.0
Net cash from (used in) financing activities 201.6 (45.4)
Effect of exchange rates on cash, cash equivalents and restricted cash (2.7) 1.8
Net change in cash, cash equivalents and restricted cash (122.0) (27.9)
Cash, cash equivalents and restricted cash at beginning of period 167.6 162.4
Cash, cash equivalents and restricted cash at end of period 45.6 134.5
Cash and cash equivalents 38.2 124.8
Restricted cash included in prepaid expenses and other current assets 0.6 0.7
Restricted cash included in other assets $ 6.8 $ 9.0