ABM INDUSTRIES INC ABM Cash Flow

Abm industries inc (ABM)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10
Cash flows from operating activities
Net income
142,400	127,400	89,100	86,100	83,000	97,800	84,500	83,700	88,400	3,800	15,200	13,300	-13,600	57,200	88,200	58,700	72,600	76,300	65,400	83,300	80,200	75,600	71,900	68,500	72,618	72,900	76,363	72,940	65,334	62,582	52,967	68,265	70,744	68,504	72,262	65,350	59,736	64,121	0	0	0
(Income) loss from discontinued operations, net of taxes
100	-100	800	500	1,800	1,800	-100	0	-1,500	-74,300	-74,400	-76,300	-78,400	-5,100	12,300	14,500	19,200	22,200	0	0	0	-	-	-	-	-	-	-	-	-136	-348	-215	-189	-194	428	334	297	251	0	0	0
Income from continuing operations
142,400	127,500	88,200	85,500	80,900	95,900	84,600	83,700	90,000	78,100	89,600	89,600	64,800	62,300	75,900	44,200	53,400	54,100	0	0	0	-	-	-	-	-	-	-	-	62,718	53,195	68,480	70,933	68,698	71,954	65,016	59,439	63,870	0	0	0
Adjustments to reconcile income from continuing operations to net cash used in operating activities of continuing operations
Depreciation and amortization
105,100	107,400	107,800	108,900	110,200	112,500	112,800	99,100	85,100	70,100	57,800	56,800	57,200	57,500	57,500	58,300	57,500	57,000	56,600	55,900	55,900	56,400	55,990	57,090	58,801	60,390	59,138	56,794	53,812	50,897	52,207	52,555	52,958	52,658	49,253	45,177	40,496	36,315	0	0	0
Deferred income taxes
17,400	9,700	-8,000	-4,800	-2,100	-23,700	-34,500	-39,100	-46,300	-6,100	3,100	-2,000	14,300	-3,700	10,000	10,100	300	8,100	1,700	6,600	1,700	2,200	14,576	12,376	12,538	12,476	8,793	12,725	6,970	9,772	9,846	16,969	25,075	24,227	21,745	18,206	14,878	17,654	0	0	0
Share-based compensation expense
17,900	17,500	17,500	17,500	17,700	17,000	16,100	14,300	13,500	13,300	12,600	13,900	13,600	14,000	15,800	13,800	14,600	14,200	13,900	15,800	15,500	15,800	15,482	14,782	14,050	13,282	12,733	11,100	10,579	10,236	9,805	10,027	9,806	9,191	8,647	5,061	4,285	4,071	0	0	0
Provision for bad debt
6,100	6,700	6,900	4,900	6,800	6,400	5,900	6,000	6,300	4,100	4,100	5,100	11,200	12,900	14,000	12,500	3,600	2,700	900	1,600	3,000	2,900	2,736	2,236	2,620	2,836	3,190	2,903	3,263	2,551	1,961	3,518	2,871	3,142	3,017	2,239	2,905	2,636	0	0	0
Discount accretion on insurance claims
600	800	800	800	800	800	700	500	300	200	200	300	300	300	300	300	300	300	300	300	400	400	404	404	478	504	579	655	661	715	755	798	834	874	883	892	904	912	0	0	0
Loss on sale of assets
300	600	100	-200	-600	-500	-200	2,200	2,700	2,700	2,500	200	200	200	-2,200	-2,000	-500	100	2,700	3,300	1,800	1,200	810	210	317	210	1,017	886	1,553	2,015	1,338	1,277	633	150	126	1,192	939	1,059	0	0	0
Income from unconsolidated affiliates
3,000	3,000	3,100	3,300	3,600	3,200	3,100	3,500	3,300	4,200	5,900	6,600	6,600	7,600	8,000	8,600	9,900	9,000	8,500	7,500	6,500	6,500	6,719	6,719	6,624	6,319	4,915	4,062	4,458	6,395	6,510	6,929	6,260	3,915	0	0	0	-	-	-	-
Distributions from unconsolidated affiliates
3,700	5,400	5,400	5,300	3,600	1,900	100	5,000	4,900	5,700	7,500	4,500	6,400	8,200	7,500	6,400	6,100	6,500	7,500	7,800	7,800	5,600	4,459	3,659	3,078	2,959	3,219	3,191	3,520	5,802	6,137	6,112	5,345	2,539	0	0	0	-	-	-	-
Changes in operating assets and liabilities
Trade accounts receivable and costs incurred in excess of amounts billed
7,100	78,300	92,000	102,700	67,900	-16,000	58,800	39,700	34,600	115,700	123,700	140,600	125,400	80,900	53,800	32,000	48,500	55,900	10,300	19,400	23,500	39,400	66,763	60,263	69,585	50,763	26,217	19,954	14,564	11,359	14,665	11,572	3,496	18,432	22,807	19,251	2,857	-1,976	0	0	0
Prepaid expenses and other current assets
13,500	13,200	6,600	10,300	7,200	-2,400	-1,400	3,300	2,600	6,400	10,700	6,100	-4,300	0	3,000	-3,400	3,300	1,400	900	2,600	3,500	5,000	6,040	4,440	7,528	-1,960	127	5,250	3,351	14,188	5,282	4,141	8,575	7,786	17,095	12,994	9,398	297	0	0	0
Right-of-use assets
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other noncurrent assets
-2,900	-4,500	-3,500	-3,500	-13,000	-11,300	-15,200	-100	1,800	7,600	18,300	35,500	35,700	29,500	18,000	-1,400	-1,700	-1,700	-5,000	-2,400	-13,100	-15,600	-12,295	-12,995	-2,347	-4,895	-5,000	-6,738	-6,413	-9,390	-4,580	-9,955	-10,864	-5,962	-13,284	-5,924	-4,518	-3,856	0	0	0
Insurance recoverables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,204	3,951	-6,095	-6,123	-6,110	0	0	0	-	-	-	-	3,981	0	0	0
Trade accounts payable and other accrued liabilities
29,400	85,800	26,200	58,500	-800	-1,500	67,800	36,100	23,100	74,400	21,300	27,200	49,000	15,400	26,300	40,000	41,200	44,300	18,900	5,200	16,000	3,700	22,294	25,894	16,643	17,094	20,260	5,820	-3,149	19,754	17,627	20,403	4,683	25,943	26,357	19,336	29,020	-7,399	0	0	0
Long-term lease liabilities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement plans and other noncurrent liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,138	-3,865	-4,271	-2,183	-1,584	-4,119	-1,257	-3,004	-4,085	-1,534	-2,403	-387	-317	0	0	0
Insurance claims
-8,200	3,900	9,200	22,300	19,200	13,900	13,700	27,600	31,000	33,500	33,600	41,900	36,600	33,600	28,500	50,700	48,600	37,400	38,500	-13,600	-14,200	-8,700	-8,191	5,309	2,791	3,909	-1,922	-7,799	-920	1,688	9,992	-2,216	-4,737	-11,950	-9,273	-1,586	-3,636	-247	0	0	0
Income taxes payable
-2,300	3,200	19,400	11,600	2,900	700	-19,800	-25,000	-600	-22,500	12,800	17,200	-15,200	500	-17,100	-18,000	-2,600	-14,200	-11,800	-2,600	-3,100	8,300	-958	11,242	15,686	8,742	3,787	-4,462	-1,265	4,542	16,453	11,468	6,222	4,396	7,914	17,413	19,880	22,629	0	0	0
Other noncurrent liabilities
-23,100	-14,400	5,600	-400	0	-3,700	-2,600	-700	1,400	6,000	6,800	11,000	10,300	5,200	3,200	100	2,100	-200	3,700	2,300	-1,100	-1,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total adjustments
125,300	135,300	119,000	138,500	145,600	203,700	140,900	100,000	55,200	23,600	2,800	-8,000	42,600	48,200	65,400	140,400	112,200	91,400	112,800	48,900	59,700	48,700	36,113	66,713	35,282	62,413	74,685	59,337	60,211	86,229	103,210	111,175	97,398	88,102	78,385	69,514	93,785	76,876	0	0	0
Net cash used in operating activities of continuing operations
267,600	262,800	207,300	224,000	226,600	299,700	225,500	183,800	145,200	101,700	92,400	81,600	107,400	110,500	141,300	184,600	165,600	145,500	0	0	0	-	-	-	-	-	-	-	-	148,947	156,405	179,655	168,331	156,800	150,339	134,530	153,224	140,746	0	0	0
Net cash provided by (used in) operating activities of discontinued operations
200	-100	20,200	19,900	21,200	21,200	-37,900	-93,000	-94,800	-96,100	-58,600	-6,500	-5,200	-27,000	-21,200	-20,700	-16,600	900	0	0	0	-	-	-	-	-	-	-	-	1,665	2,528	2,680	2,353	3,190	4,072	4,188	6,850	9,118	0	0	0
Net cash used in operating activities
267,700	262,700	227,500	243,900	247,900	320,900	187,700	90,800	50,400	5,600	33,700	75,100	102,200	83,500	120,100	163,900	149,000	146,400	165,600	122,500	127,700	121,200	108,013	135,213	107,900	135,313	151,132	132,890	127,134	150,612	158,933	182,335	170,684	159,990	154,411	138,718	160,074	149,864	0	0	0
Cash flows from investing activities
Additions to property, plant and equipment
59,500	59,600	58,000	56,300	51,900	50,900	52,300	51,500	56,800	57,200	58,800	56,100	48,200	44,000	33,000	28,400	26,900	26,500	29,800	31,900	34,000	37,400	39,693	41,493	38,303	32,593	25,687	21,577	20,216	28,052	29,342	28,901	28,837	22,124	21,272	21,802	21,776	23,942	0	0	0
Proceeds from sale of assets
5,300	1,300	1,900	2,500	2,200	2,300	3,300	3,800	3,800	4,000	4,100	3,300	3,600	3,300	1,400	1,500	2,900	5,300	5,900	6,700	6,100	3,600	2,214	1,814	1,211	1,214	3,192	2,884	3,598	4,177	2,682	2,361	1,560	912	-567	769	503	1,512	0	0	0
(Adjustments to) and proceeds from sale of business
-	-	-	-	-	1,900	1,900	-33,700	-33,600	-35,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of businesses, net of cash acquired
-	-	-	-	-	-	-	-	837,400	853,600	33,600	33,600	33,600	96,000	81,000	96,000	100,400	19,200	55,000	40,300	47,800	48,200	20,426	19,426	11,689	199,326	0	0	0	-	-	-	-	290,985	324,699	357,020	357,020	65,430	0	0	0
Proceeds from redemption of auction rate security
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated affiliates
-	-	-	-	-	400	1,000	1,000	1,000	400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	215	0	0	0	-	-	-	-
Net cash used in investing activities
-49,200	-58,300	-55,900	-50,800	-44,200	-48,100	-884,200	-850,200	-858,000	-871,800	-52,800	-86,400	-76,300	-134,800	20,400	9,900	6,400	90,400	-78,700	-65,100	-76,100	-82,000	-58,488	-59,788	-43,564	-225,888	-209,218	-211,656	-210,418	-29,838	-32,067	-24,769	-20,669	-307,412	-342,493	-373,846	-378,923	-87,860	0	0	0
Cash flows from financing activities
Taxes withheld from issuance of share-based compensation awards, net
-1,400	-1,300	0	-1,000	-1,300	-1,000	0	0	0	-	-	-	4,900	5,300	4,600	4,500	11,900	15,400	19,200	18,700	12,600	10,000	10,797	16,097	14,852	13,297	12,241	6,399	11,000	12,496	10,244	10,074	6,218	9,708	14,729	16,062	15,856	11,376	0	0	0
Proceeds from issuance of share-based compensation awards, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,600	2,500	2,300	1,800	6,300	5,400	5,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
-	-	-	-	-	-	-	-	-	7,900	23,300	33,000	43,200	46,600	42,600	45,000	42,700	31,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
48,100	47,700	47,300	46,800	46,400	46,000	45,600	43,600	41,600	39,500	37,600	37,300	37,100	36,900	36,700	36,600	36,300	36,000	35,700	35,200	34,900	34,600	34,473	34,073	25,419	32,873	32,184	31,830	39,617	31,309	30,891	30,489	30,092	29,744	29,379	28,972	28,558	28,152	0	0	0
Deferred financing costs paid
-	-	-	-	-	100	18,800	18,800	18,800	18,700	0	0	0	100	700	700	700	900	300	300	300	1,200	0	0	0	-	0	0	0	14	44	44	44	5,021	0	0	0	-	-	-	-
Borrowings from credit facility
1,823,300	1,755,900	1,517,100	1,381,500	1,237,500	1,184,200	2,096,100	1,906,700	1,977,000	1,880,100	944,000	957,600	960,100	1,052,300	1,008,300	1,037,600	1,031,200	958,300	1,023,300	1,012,300	1,026,600	1,089,100	1,033,100	945,100	870,200	1,006,000	937,000	964,000	986,000	773,000	749,000	728,000	667,000	885,500	890,000	780,500	747,500	448,000	0	0	0
Repayment of borrowings from credit facility
1,955,500	1,896,500	1,621,100	1,539,200	1,433,000	1,426,400	1,324,700	1,065,900	1,090,500	957,200	903,600	888,600	940,800	942,000	1,089,100	1,135,700	1,107,000	1,120,100	1,029,900	1,032,500	1,031,200	1,084,200	1,069,930	1,001,930	926,130	906,130	840,500	846,000	856,000	858,000	862,000	858,000	804,000	726,000	675,000	529,500	489,500	480,000	0	0	0
Changes in book cash overdrafts
-1,000	-200	-6,200	-7,800	-100	-8,500	-9,600	-6,200	9,500	15,800	25,400	13,100	-2,200	700	-200	3,400	700	-7,300	-3,700	-800	300	6,600	6,568	3,968	4,659	2,968	0	0	0	-	-	-	0	-	-565	4,376	-11,270	-7,935	0	0	0
Financing of energy savings performance contracts
7,500	8,100	6,800	8,800	7,100	5,400	3,500	4,200	4,200	6,800	14,100	14,700	20,700	22,600	20,500	15,700	9,700	5,200	0	0	0	-	-	-	-	-3,507	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of finance leases
3,100	3,100	3,700	3,400	3,300	3,300	2,900	2,500	1,600	900	500	700	1,000	1,200	1,500	1,700	2,100	2,400	4,500	4,800	5,000	5,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-178,400	-184,800	-154,500	-208,100	-239,500	-295,800	695,000	771,800	832,700	874,000	14,800	23,500	-39,800	52,600	-136,800	-156,900	-135,600	-216,900	-59,800	-64,200	-46,500	-34,600	-63,545	-75,545	-66,523	79,755	75,095	91,214	102,060	-103,782	-144,830	-155,445	-163,730	134,443	194,794	237,475	229,037	-56,711	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-900	-200	-2,600	-1,100	-2,100	-700	-200	1,700	2,700	1,500	400	-2,200	-1,200	-3,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
39,300	19,400	14,600	-16,000	-38,000	-23,700	-1,700	14,000	27,800	9,300	-3,900	10,000	-15,100	-2,000	400	15,300	17,100	18,800	26,600	-7,300	4,600	4,100	-14,020	-120	-2,187	-10,820	17,009	12,448	18,776	16,992	-17,964	2,121	-13,715	-12,979	6,712	2,347	10,188	5,293	0	0	0
Change in cash related to assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental cash flow information
Income tax payments (refunds), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,545	10,741	10,093	10,061	9,651	7,507	4,761	1,823	-108	0	0	0
Interest paid on credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,331	6,373	7,560	8,766	10,055	8,692	7,005	5,300	3,398	0	0	0
Tax effect from exercise of options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,089	1,046	1,113	383	0	0	0
Cash received from exercise of options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	13,640	15,016	14,743	10,993	0	0	0