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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities      
Net income $ 25.0 $ 16.6 $ 17.8
Adjustments to reconcile net income to net cash provided by (used for) operating activities      
Equity income of unconsolidated affiliates (0.4) (0.1) (0.5)
Depreciation 17.8 17.0 17.0
Amortization of purchased intangible assets 1.2 1.3 1.1
Amortization of debt issuance costs 0.3 0.6 0.5
Share-based compensation charge 4.8 3.1 1.4
Deferred income taxes 0.2 (2.7) 2.9
Loss / (gain) on disposal of property, plant and equipment 0.3 0.1 (1.9)
Asset impairment charges 13.9 5.9 0.0
Pension and other post-retirement expense 0.4 0.6 7.2
Pension and other post-retirement contributions (12.3) (12.9) (10.9)
Changes in assets and liabilities, net of effects of business acquisitions      
Accounts and notes receivable 5.8 (11.5) (2.9)
Inventories (15.5) 4.9 4.5
Other current assets 1.1 1.3 (1.5)
Accounts payable 7.3 1.5 (9.0)
Accrued liabilities 4.8 14.0 (4.1)
Other current liabilities 9.9 (2.0) 0.2
Other non-current assets and liabilities (1.4) 1.1 (1.2)
Net cash provided by operating activities 63.2 38.8 20.6
Investing activities      
Capital expenditures (13.9) (10.5) (16.6)
Proceeds from sale of property, plant and equipment 0.1 0.1 3.4
Proceeds from sale of businesses and other 0.0 0.1 0.0
Investments in unconsolidated affiliates 1.1 (1.0) 1.0
Acquisitions, net of cash acquired 2.7 (4.7) (0.3)
Net cash used for investing activities (10.0) (16.0) (12.5)
Financing activities      
Net (repayments) / drawdowns in short term borrowings (15.7) 4.2 0.0
Net repayments of long-term borrowings (21.3) (13.4) (8.5)
Debt issuance costs 0.0 (0.6) (0.2)
Deferred consideration paid (0.8) (1.4) 0.0
Proceeds from issue of share capital 6.6 0.0 0.0
Dividends paid (13.4) (13.3) (13.3)
Share based compensation cash paid (7.3) (0.6) (0.2)
Repurchases of ordinary shares 0.0 0.0 (7.3)
Net cash used for financing activities (51.9) (25.1) (29.5)
Effect of exchange rate changes on cash and cash equivalents (0.5) 2.0 (1.9)
Net increase / (decrease) 0.8 (0.3) (23.3)
Cash, cash equivalents and restricted cash; beginning of year 13.3 13.6 36.9
Cash, cash equivalents and restricted cash; end of year 14.1 13.3 13.6
Supplemental cash flow information:      
Interest payments 4.6 6.2 6.4
Income tax payments $ 2.9 $ 4.1 $ 5.4