XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 6 Months Ended
Jun. 27, 2021
Jun. 28, 2020
Operating activities    
Net income $ 25.5 $ 10.3
Net (income) / loss from discontinued operations (5.0) 1.5
Net income from continuing operations 20.5 11.8
Adjustments to reconcile net income to net cash provided by operating activities    
Equity in net loss from affiliates 0.0 0.1
Depreciation 7.0 6.2
Amortization of purchased intangible assets 0.4 0.4
Amortization of debt issuance costs 0.3 0.3
Share-based compensation charges 1.4 1.3
Deferred income taxes (1.9) 0.2
Defined benefit pension credit (1.2) (2.2)
Defined benefit pension contributions (2.9) (1.8)
Changes in assets and liabilities    
Accounts and other receivables (8.4) 0.6
Inventories (1.4) (3.0)
Other current assets (2.8) 4.9
Accounts payable 7.5 (6.7)
Accrued liabilities 4.5 (2.3)
Other current liabilities 0.5 0.0
Other non-current assets and liabilities 0.9 (0.3)
Net cash provided by operating activities - continuing 24.4 9.5
Net cash provided by operating activities - discontinued 0.0 0.0
Net cash provided by operating activities 24.4 9.5
Investing activities    
Capital expenditures (3.6) (4.4)
Proceeds from sale of businesses and other 20.6 0.0
Acquisitions, net of cash acquired (19.3) 0.0
Net cash used for investing activities - continuing (2.3) (4.4)
Net cash used for investing activities - discontinued 0.0 0.0
Net cash used for investing activities (2.3) (4.4)
Financing activities    
Net (repayment) / drawdown of long-term borrowings (4.4) 0.4
Deferred consideration paid 0.0 (0.4)
Proceeds from sale of shares 0.0 1.1
Repurchase of own shares (0.9) 0.0
Share-based compensation cash paid (1.5) (1.2)
Dividends paid (6.8) (6.8)
Net cash used for financing activities (13.6) (6.9)
Effect of exchange rate changes on cash and cash equivalents 0.3 (0.3)
Net increase / (decrease) 8.8 (2.1)
Cash, cash equivalents and restricted cash; beginning of year 1.5 10.3
Cash, cash equivalents and restricted cash; end of the Second Quarter 10.3 8.2
Supplemental cash flow information:    
Interest payments 1.7 2.5
Income tax payments $ 3.7 $ 0.2