Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v2.4.1.9
Consolidated Statements of Cash Flow (USD $)
In Millions, unless otherwise specified
3 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Operating Activities    
Consolidated net income $ 29.7us-gaap_ProfitLoss $ 21.6us-gaap_ProfitLoss
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 15.0us-gaap_DepreciationDepletionAndAmortization 14.3us-gaap_DepreciationDepletionAndAmortization
Deferred income taxes 0.5us-gaap_IncreaseDecreaseInDeferredIncomeTaxes (5.4)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Share-based compensation 2.2us-gaap_ShareBasedCompensation 1.7us-gaap_ShareBasedCompensation
Trade accounts receivable and receivables on long-term manufacturing contracts 5.5us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables 38.3us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Inventories (11.7)us-gaap_IncreaseDecreaseInInventories 0.4us-gaap_IncreaseDecreaseInInventories
Other current assets 0.3us-gaap_IncreaseDecreaseInOtherOperatingAssets (2.1)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Trade accounts payable (48.7)us-gaap_IncreaseDecreaseInAccountsPayableTrade (16.6)us-gaap_IncreaseDecreaseInAccountsPayableTrade
Accrued expenses and other current liabilities (37.9)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities (5.6)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
Income taxes payable 8.4us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (2.6)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Defined benefit plan and postretirement funding (2.7)us-gaap_PensionAndOtherPostretirementBenefitContributions (4.2)us-gaap_PensionAndOtherPostretirementBenefitContributions
Defined benefit plan and postretirement expense 3.6us-gaap_PensionAndOtherPostretirementBenefitExpense 3.6us-gaap_PensionAndOtherPostretirementBenefitExpense
Other, net (6.1)us-gaap_OtherOperatingActivitiesCashFlowStatement 2.5us-gaap_OtherOperatingActivitiesCashFlowStatement
Net cash (used in) provided by operating activities (41.9)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 45.9us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Investing Activities    
Capital expenditures (5.7)us-gaap_PaymentsToAcquireProductiveAssets (5.6)us-gaap_PaymentsToAcquireProductiveAssets
Proceeds from sales of property, plant, and equipment 0.5us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 0us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Other, net (2.6)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (0.6)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (7.8)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (6.2)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Financing Activities    
Repayments on term loan (2.3)us-gaap_RepaymentsOfLongTermDebt (2.5)us-gaap_RepaymentsOfLongTermDebt
Proceeds from revolving credit facilities 149.3us-gaap_ProceedsFromLinesOfCredit 94.2us-gaap_ProceedsFromLinesOfCredit
Repayments on revolving credit facilities (187.2)us-gaap_RepaymentsOfLinesOfCredit (105.9)us-gaap_RepaymentsOfLinesOfCredit
Proceeds from unsecured Series A Notes, net of financing costs 99.7us-gaap_ProceedsFromUnsecuredNotesPayable 0us-gaap_ProceedsFromUnsecuredNotesPayable
Payments of dividends on common stock (12.6)us-gaap_PaymentsOfDividendsCommonStock (12.4)us-gaap_PaymentsOfDividendsCommonStock
Repurchases of common stock (6.8)us-gaap_PaymentsForRepurchaseOfCommonStock 0us-gaap_PaymentsForRepurchaseOfCommonStock
Net proceeds on stock plans 1.2us-gaap_ProceedsFromRepurchaseOfEquity 7.6us-gaap_ProceedsFromRepurchaseOfEquity
Other, net 1.0us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (0.3)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash provided by (used in) financing activities 42.3us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (19.3)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rates on cash and cash equivalents 1.4us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations (0.8)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
Net cash flows (6.0)us-gaap_NetCashProvidedByUsedInContinuingOperations 19.6us-gaap_NetCashProvidedByUsedInContinuingOperations
Cash and cash equivalents:    
At beginning of period 58.0us-gaap_CashAndCashEquivalentsAtCarryingValue 42.7us-gaap_CashAndCashEquivalentsAtCarryingValue
At end of period $ 52.0us-gaap_CashAndCashEquivalentsAtCarryingValue $ 62.3us-gaap_CashAndCashEquivalentsAtCarryingValue