| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FROM OPERATIONS | ||||||||||||||||
Net income (loss) | ||||||||||||||||
139,000 | -355,000 | -147,000 | -293,000 | -58,000 | 227,000 | 195,000 | 131,000 | 340,000 | -7,000 | 169,000 | 138,000 | 308,000 | -129,000 | 10,000 | -12,000 | -215,000 |
Adjustments to reconcile net income (loss) to cash from operations: | ||||||||||||||||
Depreciation, depletion, and amortization | ||||||||||||||||
170,000 | 183,000 | 184,000 | 174,000 | 172,000 | 174,000 | 172,000 | 193,000 | 194,000 | 188,000 | 195,000 | 190,000 | 179,000 | 182,000 | 181,000 | 178,000 | 177,000 |
Deferred income taxes | ||||||||||||||||
23,000 | -44,000 | -5,000 | 31,000 | 33,000 | -14,000 | 24,000 | -42,000 | 2,000 | 104,000 | 14,000 | 27,000 | 23,000 | - | - | - | - |
Equity earnings, net of dividends | ||||||||||||||||
- | -9,000 | 2,000 | -17,000 | 3,000 | -28,000 | 0 | 5,000 | 6,000 | -8,000 | 13,000 | -15,000 | 1,000 | -14,000 | -14,000 | -16,000 | -4,000 |
Restructuring and other charges, net (D) | ||||||||||||||||
2,000 | 363,000 | 185,000 | 370,000 | 113,000 | 138,000 | 177,000 | 231,000 | -19,000 | 297,000 | -10,000 | 12,000 | 10,000 | 209,000 | 17,000 | 8,000 | 84,000 |
Net gain from investing activities – asset sales (O) | ||||||||||||||||
177,000 | -3,000 | 5,000 | -7,000 | 8,000 | - | - | -2,000 | 5,000 | 1,000 | -1,000 | -4,000 | 120,000 | 0 | 132,000 | 34,000 | -2,000 |
Net periodic pension benefit cost (J) | ||||||||||||||||
33,000 | 29,000 | 30,000 | 30,000 | 30,000 | 31,000 | 34,000 | 41,000 | 40,000 | 28,000 | 28,000 | 27,000 | 28,000 | 23,000 | 20,000 | 12,000 | 11,000 |
Stock-based compensation | ||||||||||||||||
8,000 | 1,000 | 8,000 | 11,000 | 10,000 | 6,000 | 9,000 | 10,000 | 10,000 | 3,000 | 7,000 | 7,000 | 7,000 | 4,000 | 6,000 | 10,000 | 8,000 |
Provision for bad debt expense | ||||||||||||||||
2,000 | 0 | 1,000 | 0 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Other | ||||||||||||||||
-4,000 | -11,000 | 5,000 | -1,000 | -23,000 | -5,000 | 32,000 | 18,000 | 14,000 | -1,000 | -34,000 | 12,000 | -9,000 | 28,000 | 3,000 | -9,000 | -6,000 |
Changes in assets and liabilities, excluding effects of divestitures and foreign currency translation adjustments: | ||||||||||||||||
(Increase) Decrease in receivables | ||||||||||||||||
70,000 | -156,000 | -33,000 | -52,000 | -42,000 | -166,000 | 0 | 252,000 | -43,000 | 6,000 | 37,000 | 82,000 | -7,000 | 108,000 | 102,000 | 1,000 | 23,000 |
Decrease in inventories | ||||||||||||||||
-41,000 | -26,000 | -58,000 | -36,000 | -17,000 | 20,000 | 61,000 | -23,000 | 248,000 | 177,000 | 16,000 | -16,000 | 102,000 | 38,000 | 3,000 | -34,000 | -8,000 |
Decrease in prepaid expenses and other current assets | ||||||||||||||||
-11,000 | 43,000 | -2,000 | -55,000 | -13,000 | 35,000 | -11,000 | 10,000 | -2,000 | 19,000 | -10,000 | -39,000 | -13,000 | - | - | - | - |
(Decrease) in accounts payable, trade | ||||||||||||||||
-121,000 | 46,000 | -55,000 | 15,000 | -159,000 | -30,000 | -30,000 | 1,000 | -106,000 | 268,000 | 90,000 | 64,000 | -45,000 | 181,000 | -42,000 | 19,000 | -152,000 |
(Decrease) in accrued expenses | ||||||||||||||||
-85,000 | -28,000 | -96,000 | -33,000 | -18,000 | -31,000 | -45,000 | -57,000 | -186,000 | -243,000 | -82,000 | -57,000 | -181,000 | 18,000 | -124,000 | -9,000 | -205,000 |
(Decrease) in taxes, including income taxes | ||||||||||||||||
-11,000 | 14,000 | -2,000 | -299,000 | -43,000 | -7,000 | 147,000 | 17,000 | 84,000 | 96,000 | 59,000 | -27,000 | -17,000 | -45,000 | 22,000 | -65,000 | -60,000 |
Pension contributions (J) | ||||||||||||||||
48,000 | 106,000 | 12,000 | 48,000 | 7,000 | 52,000 | 248,000 | 652,000 | 40,000 | 24,000 | 35,000 | 26,000 | 21,000 | 21,000 | 12,000 | 19,000 | 14,000 |
Decrease (Increase) in noncurrent assets | ||||||||||||||||
-32,000 | 0 | -8,000 | 22,000 | 10,000 | 12,000 | 40,000 | 36,000 | 13,000 | 11,000 | 42,000 | 43,000 | 3,000 | -4,000 | 9,000 | 165,000 | 14,000 |
(Decrease) Increase in noncurrent liabilities | ||||||||||||||||
-43,000 | -3,000 | -6,000 | -22,000 | 1,000 | -39,000 | -28,000 | -7,000 | -23,000 | -50,000 | 12,000 | 19,000 | -20,000 | - | - | - | -4,000 |
CASH PROVIDED FROM OPERATIONS | ||||||||||||||||
-90,000 | 262,000 | 174,000 | 82,000 | 168,000 | 535,000 | 288,000 | -430,000 | 55,000 | 455,000 | 384,000 | 311,000 | 74,000 | 239,000 | -109,000 | -82,000 | -359,000 |
FINANCING ACTIVITIES | ||||||||||||||||
Net transfers from former parent company | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | -399,000 | -72,000 | -33,000 | -302,000 |
Cash paid to former parent company related to separation (A) | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 9,000 | 238,000 | - | - | - | - |
Net change in short-term borrowings (original maturities of three months or less) | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 5,000 | -1,000 | 1,000 | 2,000 | - | - | 0 | -1,000 |
Additions to debt (original maturities greater than three months) (L) | ||||||||||||||||
- | - | - | - | - | 7,000 | 0 | 492,000 | 61,000 | 18,000 | 0 | 1,000 | 2,000 | - | - | - | - |
Payments on debt (original maturities greater than three months) (L) | ||||||||||||||||
- | - | - | - | - | 30,000 | 98,000 | 3,000 | 4,000 | 5,000 | 45,000 | 5,000 | 5,000 | 18,000 | 6,000 | 6,000 | 4,000 |
Proceeds from the exercise of employee stock options | ||||||||||||||||
- | 0 | 1,000 | 0 | 1,000 | 0 | 1,000 | 7,000 | 15,000 | 5,000 | 20,000 | 0 | 18,000 | - | - | - | - |
Financial contributions for the divestiture of businesses | ||||||||||||||||
12,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Contributions from noncontrolling interest | ||||||||||||||||
- | 10,000 | 20,000 | 1,000 | 20,000 | 40,000 | 0 | 56,000 | 53,000 | 24,000 | 0 | 32,000 | 24,000 | - | - | - | - |
Distributions to noncontrolling interest | ||||||||||||||||
31,000 | 84,000 | 102,000 | 72,000 | 214,000 | 261,000 | 181,000 | 118,000 | 267,000 | 98,000 | 89,000 | 98,000 | 57,000 | 57,000 | 92,000 | 34,000 | 50,000 |
Other | ||||||||||||||||
-1,000 | 0 | 0 | 0 | -6,000 | 0 | -2,000 | -1,000 | -5,000 | -2,000 | 0 | 0 | -6,000 | - | - | - | - |
CASH USED FOR FINANCING ACTIVITIES | ||||||||||||||||
-44,000 | -93,000 | -81,000 | -71,000 | -199,000 | -294,000 | -280,000 | 433,000 | -147,000 | -53,000 | -115,000 | -78,000 | -260,000 | 534,000 | -25,000 | -7,000 | 247,000 |
Capital expenditures | ||||||||||||||||
91,000 | 134,000 | 87,000 | 89,000 | 69,000 | 148,000 | 82,000 | 95,000 | 74,000 | 150,000 | 96,000 | 88,000 | 71,000 | 146,000 | 86,000 | 86,000 | 86,000 |
Proceeds from the sale of assets | ||||||||||||||||
199,000 | 0 | 12,000 | 0 | 11,000 | - | - | - | - | 488,000 | 0 | -5,000 | -238,000 | 0 | -125,000 | 0 | 13,000 |
Additions to investments | ||||||||||||||||
1,000 | 0 | 1,000 | 110,000 | 1,000 | - | - | - | - | 22,000 | 8,000 | 11,000 | 25,000 | 0 | 0 | 0 | 3,000 |
CASH PROVIDED FROM (USED FOR) INVESTING ACTIVITIES | ||||||||||||||||
107,000 | -134,000 | -76,000 | -199,000 | -59,000 | -148,000 | -83,000 | -100,000 | -74,000 | -170,000 | -104,000 | -94,000 | 142,000 | -144,000 | 38,000 | 60,000 | -103,000 |
Net change in restricted cash (L) | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | 0 | 1,000 |
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | ||||||||||||||||
-24,000 | 4,000 | -10,000 | 5,000 | -6,000 | -3,000 | 6,000 | -11,000 | 4,000 | 6,000 | -3,000 | 4,000 | 7,000 | -11,000 | 5,000 | 2,000 | 17,000 |
Net change in cash and cash equivalents and restricted cash | ||||||||||||||||
-51,000 | 39,000 | 7,000 | -183,000 | -96,000 | 90,000 | -69,000 | -108,000 | -162,000 | 238,000 | 162,000 | 143,000 | -37,000 | 618,000 | -91,000 | -27,000 | -198,000 |