CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
| OPERATING ACTIVITIES |
|
|
|
| Net income (loss) |
$ (15.8)
|
$ 55.4
|
$ 36.4
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
36.7
|
38.9
|
36.1
|
| Stock-based compensation |
4.2
|
5.6
|
4.0
|
| Deferred income tax provision (benefit) |
(4.9)
|
3.4
|
(1.9)
|
| Asset impairment costs (Note 12) |
54.8
|
0.0
|
31.1
|
| Loss on debt extinguishment (Note 6) |
1.9
|
0.0
|
0.0
|
| Pension curtailment (gain)/settlement charge, net of plan payments (Note 7) |
1.6
|
(1.4)
|
1.8
|
| Loss on asset dispositions |
0.0
|
0.1
|
0.3
|
| Non-cash effects of changes in liabilities for uncertain income tax positions |
(0.2)
|
(0.7)
|
0.1
|
| Net cash provided by (used in) changes in operating working capital, net of effect of acquisitions (Note 14) |
18.2
|
(0.6)
|
(1.0)
|
| Pension and other post-employment benefits |
(5.8)
|
(3.7)
|
(12.3)
|
| Noncurrent payroll taxes |
2.2
|
0.0
|
0.0
|
| Other |
0.5
|
0.6
|
(1.9)
|
| Net Cash Provided By Operating Activities |
93.4
|
97.6
|
92.7
|
| INVESTING ACTIVITIES |
|
|
|
| Capital expenditures |
(18.9)
|
(21.4)
|
(38.1)
|
| Proceeds from sale of property, plant and equipment (Note 12) |
0.5
|
0.0
|
5.0
|
| Sales (purchases) of marketable securities |
(0.1)
|
(0.4)
|
|
| Sales (purchases) of marketable securities |
|
|
0.1
|
| Other |
(1.0)
|
(1.5)
|
(1.3)
|
| Net Cash Used In Investing Activities |
(19.5)
|
(23.3)
|
(34.3)
|
| FINANCING ACTIVITIES |
|
|
|
| Proceeds from issuance of long-term debt (Note 6) |
291.6
|
163.5
|
272.8
|
| Debt issuance costs (Note 6) |
(6.0)
|
(0.4)
|
(1.8)
|
| Repayments of long-term debt (Note 6) |
(295.9)
|
(201.6)
|
(285.6)
|
| Cash dividends paid |
(31.9)
|
(30.5)
|
(27.8)
|
| Shares purchased (Note 9) |
(4.8)
|
(6.2)
|
(10.8)
|
| Proceeds from exercise of stock options |
0.0
|
0.0
|
0.6
|
| Net Cash Used In Financing Activities |
(47.0)
|
(75.2)
|
(52.6)
|
| Effect of Exchange Rate Changes on Cash and Cash Equivalents |
1.2
|
0.0
|
(0.4)
|
| Net Increase (Decrease) in Cash and Cash Equivalents |
28.1
|
(0.9)
|
5.4
|
| Cash and Cash Equivalents, Beginning of Year |
9.0
|
9.9
|
4.5
|
| Cash and Cash Equivalents, End of Year |
$ 37.1
|
$ 9.0
|
$ 9.9
|