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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income $ 3.1 $ 25.0 $ 16.6
Adjustments to reconcile net income to net cash provided by (used for) operating activities      
Equity income of unconsolidated affiliates (0.7) (0.4) (0.1)
Depreciation 14.1 17.8 17.0
Amortization of purchased intangible assets 1.2 1.2 1.3
Amortization of debt issuance costs 0.3 0.3 0.6
Share-based compensation charge 4.5 4.8 3.1
Deferred income taxes 3.2 0.2 (2.7)
Loss on disposal of property, plant and equipment 0.2 0.3 0.1
Gain on disposal of business (2.9) 0.0 0.0
Asset impairment charges 10.0 13.9 5.9
Pension and other post-retirement expense (2.8) (4.0) (3.4)
Defined benefit pension contributions 7.9 7.9 8.4
Changes in assets and liabilities, net of effects of business acquisitions      
Accounts and notes receivable (2.7) 5.8 (11.5)
Inventories 0.3 (15.5) 4.9
Other current assets (1.0) 1.1 1.3
Accounts payable (0.8) 7.3 1.5
Accrued liabilities (11.6) 4.8 13.5
Other current liabilities (0.9) 9.9 (2.0)
Other non-current assets and liabilities 0.2 (1.4) 1.1
Net cash provided by operating activities 5.8 63.2 38.8
Investing activities      
Capital expenditures (13.9) (13.9) (10.5)
Proceeds from sale of property, plant and equipment 1.2 0.1 0.1
Proceeds from sale of businesses and other 4.4 0.0 0.1
Investments in unconsolidated affiliates 0.0 1.1 (1.0)
Acquisitions, net of cash acquired 0.0 2.7 (4.7)
Net cash used for investing activities (8.3) (10.0) (16.0)
Financing activities      
Net (repayments) / drawdowns of short term borrowings (3.5) (15.7) 4.2
Net drawdowns / (repayments) of long-term borrowings 17.5 (21.3) (13.4)
Debt issuance costs 0.0 0.0 (0.6)
Deferred consideration paid (0.5) (0.8) (1.4)
Proceeds from sale of shares 3.5 6.6 0.0
Dividends paid (13.6) (13.4) (13.3)
Share based compensation cash paid (4.4) (7.3) (0.6)
Net cash used for financing activities (1.0) (51.9) (25.1)
Effect of exchange rate changes on cash and cash equivalents (0.3) (0.5) 2.0
Net (decrease) / increase (3.8) 0.8 (0.3)
Cash, cash equivalents and restricted cash; beginning of year 14.1 13.3 13.6
Cash, cash equivalents and restricted cash; end of year 10.3 14.1 13.3
Supplemental cash flow information:      
Interest payments 4.6 4.6 6.2
Income tax payments $ 6.1 $ 2.9 $ 4.1