Repayments on revolving credit facility (140.0) -
Deferred financing costs (0.9) -
Net change in advances to parent (290.3) (85.0)
Cash received from parent in
connection with separation 125.4 -
Payment of dividends on common stock (11.4) -
Proceeds on issuance of common stock 0.4 -
Net cash used in financing activities (66.8) (85.0)
Effect of exchange rate changes on
cash and cash equivalents - 0.2
Net cash flows 21.1 1.0
Cash and cash equivalents:
At beginning of period 11.9 7.9
At end of period $33.0 $8.9
Disclosure Regarding Forward-Looking Statements
Throughout this announcement and the related conference call, we make a
number of "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. As the words imply,
"forward-looking statements" are statements about the future, as contrasted
with historical information. Our forward-looking statements are based on
assumptions that we believe are reasonable, but by their very nature they
are subject to a wide range of risks.
Words that could indicate we're making forward-looking statements include the following:
intend believe plan expect may goal
become pursue estimate will forecast continue
This isn't an exhaustive list, but is simply intended to give you an
idea of how we try to identify "forward-looking statements." The absence of
any of these words, however, does not mean that the statement is no
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