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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Net loss $ (101.6) $ (21.8) $ (13.2)
Payments of contingent consideration 0.0 0.0 (9.2)
Gain on disposal of assets (1.8) (0.3) (3.6)
Deferred income tax benefit (6.9) (20.1) 1.3
Change in fair value of contingent liability 0.0 0.0 (9.0)
Depreciation 28.4 32.7 37.9
Amortization of debt issuance costs 2.8 3.0 2.7
Amortization of intangibles 44.7 43.4 41.5
Stock-based compensation 11.9 14.8 9.5
Loss on debt extinguishment 1.0 0.0 0.0
Non-cash charge for impairment of goodwill and intangible assets 165.2 89.5 98.7
Changes in operating assets and liabilities:      
Accounts receivable 43.3 (38.6) 31.6
Inventories 38.3 85.5 23.2
Other assets (9.0) 5.9 0.4
Accounts payable (6.3) (68.0) (66.0)
Accrued expenses and other liabilities (41.5) 18.2 (57.5)
Accrued income taxes (20.3) (15.5) (10.7)
Net cash provided by operating activities 148.2 128.7 77.6
Investing activities      
Additions to property, plant and equipment (15.9) (13.8) (16.5)
Proceeds from the disposition of assets 3.6 2.6 7.2
Net cash used by investing activities (12.3) (11.2) (9.3)
Financing activities      
Proceeds from long-term borrowings 207.0 121.9 236.7
Repayments of long-term debt (292.5) (199.2) (220.5)
Borrowings (repayments) of notes payable, net 10.8 (10.2) 0.7
Payments for debt issuance costs (2.5) 0.0 (1.2)
Dividends paid (28.4) (28.5) (28.6)
Payments of contingent consideration 0.0 0.0 (17.8)
Repurchases of common stock (15.0) 0.0 (19.4)
Payments related to tax withholding for stock-based compensation (2.0) (1.7) (2.5)
Proceeds from the exercise of stock options 0.0 0.0 4.3
Net cash used by financing activities (122.6) (117.7) (48.3)
Effect of foreign exchange rate changes on cash and cash equivalents (5.6) 4.4 1.0
Net increase in cash and cash equivalents 7.7 4.2 21.0
Cash and cash equivalents      
Beginning of the period 66.4 62.2 41.2
End of the period 74.1 66.4 62.2
Cash paid during the year for:      
Interest 49.4 55.6 42.6
Income taxes $ 41.6 $ 44.3 $ 37.5