Acco brands corporation (ACCO)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities
Net Income (Loss) Attributable to Parent

106,800

106,700

131,700

95,500

85,900

91,600

77,100

115,400

56,700

12,400

-126,100

Gain on revaluation of previously held joint venture equity interest

-

-

-

28,900

0

0

-

-

-

-

-

Amortization of inventory step-up

900

100

900

400

0

0

-

13,300

0

0

-

Loss on disposal of assets

-700

-200

1,300

300

-100

-800

4,100

-2,000

40,400

1,500

-800

Release of tax valuation allowance

-

-

-

-

-

-

-11,600

-145,100

0

0

-

Deferred Income Tax Expense (Benefit)

8,700

22,700

-45,200

6,000

27,400

20,600

-700

-9,900

3,900

12,300

112,700

Insurance claims, net of proceeds

-

-

-

0

0

-

-

-

-

-

-

Depreciation

34,900

34,000

35,600

30,400

32,400

35,300

39,900

34,500

26,500

29,600

32,100

Other non-cash items

-

-

-

-100

0

-700

-1,200

-2,300

-100

-700

-

Amortization of debt issuance costs

2,300

2,100

2,900

3,800

3,500

4,600

6,200

9,900

8,200

6,300

6,500

Intangible impairment charges and other non-cash charges

-

-

-

-

-

-

-

-

-

-

6,300

Amortization of intangibles

35,400

36,700

35,600

21,600

19,600

22,200

24,700

19,900

6,400

6,900

7,200

Stock-based compensation

10,100

8,800

17,000

19,400

16,000

15,700

16,400

9,200

6,300

4,200

3,000

Loss on debt extinguishment

-200

-300

0

-29,900

-1,900

0

-9,400

-15,500

-2,900

0

-4,000

Equity in earnings of joint venture, net of dividends received

-

-

-

1,600

3,800

2,400

2,700

-3,000

2,900

2,900

4,200

Changes in balance sheet items:
Accounts receivable

14,800

-46,000

-10,200

-13,400

3,900

-20,400

-500

153,800

-600

18,500

-41,500

Inventories

-71,400

92,900

-2,500

-16,700

-9,800

-11,600

-6,500

-61,800

-5,400

9,800

-78,700

Other assets

400

-5,500

-4,200

-5,500

-1,200

6,100

-100

-7,400

-200

5,100

-10,200

Accounts payable

-32,800

101,000

-18,700

-19,300

-2,600

-10,100

26,800

-25,000

16,800

14,800

-54,900

Accrued expenses and other liabilities

-26,700

-72,500

-8,300

-31,200

-19,200

-28,900

9,000

30,100

-27,800

-2,200

-37,500

Accrued income taxes

7,200

-3,900

37,800

5,700

2,900

-4,300

-4,200

2,000

-1,100

7,700

-8,800

Net cash used by operating activities

203,900

194,800

204,900

167,100

171,200

171,700

194,500

-7,500

61,800

54,900

71,500

Investing activities
Additions to property, plant and equipment

32,800

34,100

31,000

18,500

27,600

29,600

36,600

30,300

13,500

12,600

10,300

Proceeds from the disposition of assets

500

200

4,200

700

2,800

3,800

6,100

3,100

1,400

2,500

600

Cost of acquisitions, net of cash acquired

41,300

38,000

292,300

88,800

0

0

1,300

397,500

0

0

-

Payments related to the sale of discontinued operations

-

-

-

-

-

-

1,500

-1,500

-53,500

3,700

-9,200

Other assets acquired

6,000

0

0

-

-

-

-

-

1,400

1,100

3,400

Other

-

-

-

-200

-200

0

0

-

-

-

-

Net cash used by investing activities

-79,600

-71,900

-319,100

-106,400

-24,600

-25,800

-33,300

-423,200

40,000

-14,900

-3,900

Financing activities
Proceeds from long-term borrowings

325,800

225,300

484,100

587,400

300,000

0

530,000

1,270,000

100

1,500

469,300

Repayments of long-term debt

387,900

249,500

296,500

685,100

370,100

121,100

679,500

872,000

63,000

200

397,900

Borrowings of notes payable, net

-8,500

0

0

51,500

-800

1,000

-700

1,200

0

-500

-54,200

Dividends paid

24,400

25,100

0

0

-

-

-

-

-

-

-

Payment for debt premium

-

-

-

25,000

0

0

-

-

-

-

-

Payment of Euro debt hedge

-

-

-

-

-

-

-

-

-

-

40,800

Payments of Debt Issuance Costs

3,400

600

3,600

6,900

1,700

300

4,300

38,500

0

800

20,600

Repurchases of common stock

65,000

75,000

36,600

0

60,000

19,400

0

0

-

-

-

Payments related to tax withholding for stock-based compensation

4,200

7,500

9,400

5,100

5,900

2,500

1,000

800

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

0

-

-

-

-

-

Proceeds from the exercise of stock options

4,200

6,800

4,200

6,800

700

300

0

200

-

-100

-

Other

-

-

-

-

-

-

-

-

-200

-

-300

Net cash provided by financing activities

-163,400

-125,600

142,200

-76,400

-137,800

-142,000

-155,500

360,100

-63,100

-100

-44,500

Effect of foreign exchange rate changes on cash and cash equivalents

-100

-7,200

6,000

3,200

-6,600

-4,200

-2,200

-600

-700

-300

2,400

Net increase in cash and cash equivalents

-39,200

-9,900

34,000

-12,500

2,200

-300

3,500

-71,200

38,000

39,600

25,500

Cash paid during the year for:
Interest

42,100

37,900

38,000

50,100

41,000

45,100

52,000

94,900

71,900

70,600

54,400

Income taxes

41,900

33,700

34,800

16,900

16,900

28,900

31,100

28,800

27,700

13,900

19,700

Significant non-cash transactions:
Common stock issued in conjunction with the acquisition of Mead C&OP

-

-

-

-

-

-

-

602,300

0

0

-