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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net income (loss) $ 20.0 $ (122.2)
(Gain) loss on disposal of assets (6.9) 0.2
Depreciation 20.0 21.2
Amortization of debt issuance costs 1.8 2.2
Amortization of intangibles 34.6 33.2
Stock-based compensation 8.9 9.2
Non-cash charge for impairment of goodwill and intangible assets 0.0 165.2
Changes in operating assets and liabilities:    
Accounts receivable 73.7 88.5
Inventories (24.8) (3.1)
Other assets (3.4) (7.6)
Accounts payable (0.5) 1.3
Accrued expenses and other liabilities (60.8) (63.5)
Accrued income taxes (24.5) (29.1)
Net cash provided by operating activities 38.1 95.5
Investing activities    
Additions to property, plant and equipment (12.3) (8.6)
Proceeds from the disposition of assets 16.5 0.1
Cost of acquisitions, net of cash acquired (10.1) 0.0
Net cash used by investing activities (5.9) (8.5)
Financing activities    
Proceeds from long-term borrowings 152.9 96.1
Repayments of long-term debt (145.8) (117.2)
(Repayments) Borrowings of notes payable, net (1.7) 7.5
Payments for debt issuance costs (1.4) 0.0
Dividends paid (20.3) (21.5)
Repurchases of common stock (15.1) (12.5)
Payments related to tax withholding for stock-based compensation (0.9) (1.9)
Net cash used by financing activities (32.3) (49.5)
Effect of foreign exchange rate changes on cash and cash equivalents 8.5 (1.9)
Net increase in cash and cash equivalents 8.4 35.6
Cash and cash equivalents    
Beginning of the period 74.1 66.4
End of the period 82.5 102.0
Cash paid during the year for:    
Interest 39.4 43.4
Income taxes $ 25.4 $ 32.4