ACCO Brands Corporation ACCO Cash Flow

Acco brands corporation (ACCO)

CashFlow / Quarterly

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	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating activities
Net Income (Loss) Attributable to Parent
8,000	43,500	28,000	35,900	-600	35,000	35,600	25,700	10,400	74,000	30,600	23,500	3,600	6,100	22,700	61,900	4,800	31,400	32,600	27,700	-5,800	43,900	34,200	21,300	-7,800	50,200	26,400	9,500	-9,000	-16,600	55,200	94,200	-17,400	9,400	11,700	43,700	-8,100
Amortization of inventory step-up
0	700	100	0	100	100	0	0	0	0	0	0	900	0	200	200	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of assets
0	-700	0	100	-100	-100	0	0	-100	1,500	-200	0	0	-200	700	-100	-100	-200	400	-100	-200	-200	-200	-100	-300	1,800	0	2,400	-100	-1,900	200	-200	-100	-	-	-	-
Release of tax valuation allowance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,600	0	0	-7,000	-14,200	-500	-130,400	0	-	-	-	-
Depreciation
8,600	8,600	8,800	8,700	8,800	8,500	8,000	8,500	9,000	9,300	8,500	8,800	9,000	7,400	7,500	7,700	7,800	7,700	7,900	8,300	8,500	8,500	8,500	9,200	9,100	9,500	9,800	10,700	9,900	9,900	9,900	8,600	6,100	6,100	6,500	6,800	7,100
Other non-cash items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100	0	-300	-300	-300	-900	0	0	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
500	600	700	500	500	600	500	500	500	500	500	500	1,400	600	1,400	1,100	700	1,000	800	800	900	1,700	1,100	800	1,000	1,900	1,200	1,200	1,900	4,700	2,000	1,700	1,500	1,500	3,400	1,700	1,600
Amortization of intangibles
8,400	8,600	8,600	8,900	9,300	9,500	9,400	8,500	9,300	9,200	9,400	9,000	8,000	5,700	5,800	5,400	4,700	4,700	4,800	4,900	5,200	5,300	5,400	5,600	5,900	6,000	5,900	6,200	6,600	6,400	6,900	5,100	1,500	1,500	1,600	1,600	1,700
Stock-based compensation
900	3,800	900	3,400	2,000	2,800	-1,200	4,000	3,200	5,100	4,100	5,400	2,400	7,300	4,200	4,600	3,300	5,500	2,900	4,600	3,000	4,100	3,900	4,600	3,100	4,700	4,300	5,100	2,300	3,700	1,400	2,400	1,700	2,500	1,000	2,000	800
Equity in earnings of joint venture, net of dividends received
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	700	900	2,500	2,500	900	-2,100	2,000	2,800	1,000	-3,400	1,800	3,100	1,300	-3,500	2,000	3,500	1,000	-9,500	1,700	3,600	1,400	-3,800
Changes in balance sheet items:
Accounts receivable
-112,000	68,800	-83,700	137,800	-108,100	200	-38,400	154,200	-162,000	54,400	-13,400	114,100	-165,300	54,300	-7,100	92,400	-153,000	44,600	18,700	97,800	-157,200	51,900	35,800	79,700	-187,800	85,000	8,900	94,400	-188,800	87,800	-12,700	118,300	-39,600	17,100	-2,000	-700	-15,000
Inventories
26,200	-36,600	-61,400	-30,700	57,300	11,700	6,500	31,200	43,500	-50,900	-26,600	43,800	31,200	-48,000	-39,400	17,700	53,000	-47,100	-54,400	38,900	52,800	-49,100	-33,800	28,400	42,900	-37,400	-33,900	40,200	24,600	-61,900	-28,400	24,700	3,800	-18,900	3,300	3,700	6,500
Other assets
13,800	-2,200	-6,800	-700	10,100	-6,100	-7,800	400	8,000	-9,200	-8,700	12,900	800	-5,500	-8,700	-500	9,200	-5,900	-4,400	3,900	5,200	-4,000	-3,900	-3,300	17,300	-5,900	-5,300	700	10,400	-9,300	-6,800	-1,000	9,700	-4,700	-1,100	-2,900	8,500
Accounts payable
-45,200	69,300	-27,700	5,500	-79,900	61,900	-20,900	51,200	8,800	-15,200	-43,700	44,500	-4,300	-12,000	-31,700	21,900	2,500	15,700	-55,600	39,900	-2,600	13,100	-35,300	20,600	-8,500	6,100	-27,000	48,900	-1,200	-8,100	-21,300	35,200	-30,800	21,300	3,200	6,600	-14,300
Accrued expenses and other liabilities
-72,100	14,100	14,800	-14,500	-41,100	-14,400	8,600	12,000	-78,700	11,700	38,500	14,900	-73,400	6,500	27,700	-16,300	-49,100	16,900	16,400	3,000	-55,500	20,100	28,400	-7,500	-69,900	36,300	7,100	16,500	-50,900	29,600	4,700	36,000	-40,200	30,700	-16,300	9,800	-52,000
Accrued income taxes
-6,300	500	4,500	3,400	-1,200	-10,900	11,500	8,200	-12,700	35,600	11,000	6,700	-15,500	-800	10,600	8,100	-12,200	-14,800	13,700	9,300	-5,300	-12,600	16,400	8,400	-16,500	4,900	12,200	3,000	-24,300	81,700	-19,000	-57,600	-3,100	1,500	-3,200	1,200	-600
Net cash used by operating activities
-25,200	128,800	190,800	-54,400	-61,300	110,100	91,200	-66,900	60,400	89,200	107,800	-57,500	65,400	56,200	109,200	-50,800	52,500	101,500	60,800	-41,000	49,900	104,200	61,900	-42,400	48,000	69,300	68,000	-28,500	85,700	72,800	86,000	-121,300	-45,000	83,700	7,000	31,100	-60,000
Investing activities
Additions to property, plant and equipment
6,900	10,900	7,200	7,500	7,200	7,800	9,300	9,000	8,000	12,200	5,800	7,800	5,200	7,400	4,200	3,000	3,900	6,200	5,800	6,900	8,700	8,500	8,000	6,300	6,800	6,400	3,600	19,300	7,300	12,300	7,700	8,300	2,000	2,900	3,500	3,600	3,500
Proceeds from the disposition of assets
0	400	-200	200	100	0	200	0	0	4,100	-100	100	100	-100	700	100	0	100	2,600	0	100	0	0	3,000	800	1,900	300	3,900	0	-	-	-	-	1,100	100	100	100
Cost of acquisitions, net of cash acquired
-600	-	-	-	0	-	-	-	-	0	-300	0	292,600	0	3,400	85,400	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments related to the sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	0	100	1,300	600	100	-2,300	100	-	-	-	-
Other assets acquired
0	800	0	-200	5,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-100	1,500
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-300	-300
Net cash used by investing activities
-6,300	-10,500	-49,500	-7,100	-12,500	-8,500	-46,400	-9,000	-8,000	-8,100	-5,600	-7,700	-297,700	-7,300	-6,900	-88,300	-3,900	-5,900	-3,200	-6,900	-8,600	-8,500	-8,000	-3,300	-6,000	-5,900	-3,300	-15,500	-8,600	-8,900	-7,000	-405,200	-2,100	-3,500	-3,400	51,500	-4,600
Financing activities
Proceeds from long-term borrowings
117,400	-100	100	202,100	123,700	7,900	7,000	188,900	21,500	10,000	300	61,800	412,000	400,000	0	187,400	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long-term debt
5,300	115,900	167,000	105,000	0	131,200	63,800	42,900	11,600	116,000	75,700	10,400	94,400	521,600	73,200	90,300	0	-	-	-	-	-	-	-	-	78,000	32,400	549,100	20,000	138,100	52,100	681,700	100	-	-	-	-
Borrowings of notes payable, net
12,400	100	-7,200	-6,200	4,800	0	-300	-400	700	-	-	0	0	-	-	-	-	-47,000	-48,300	74,700	19,800	200	-42,500	42,700	600	-1,800	-57,000	58,800	-700	300	300	600	0	-	-	-	-
Dividends paid
6,200	6,300	5,900	6,000	6,200	6,200	6,200	6,300	6,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Debt Issuance Costs
-	-	-	-	-	-	-	-	-	100	0	100	3,400	6,100	0	800	0	-	-	-	-	-	-	-	-	-	-	-	-	600	200	36,800	900	-	-	-	-
Repurchases of common stock
18,900	8,200	18,900	27,400	10,500	0	24,800	41,100	9,100	300	30,300	6,000	0	-	-	-	-	14,000	6,000	25,400	14,600	16,500	2,900	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments related to tax withholding for stock-based compensation
1,700	-100	0	100	4,200	0	100	0	7,400	100	100	0	9,200	100	0	0	5,000	0	200	900	4,800	600	100	400	1,400	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of stock options
1,500	1,100	2,900	200	0	0	600	900	5,300	1,000	400	1,400	1,400	4,900	300	1,300	300	200	200	300	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-200
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	0	-900	-	-100	100	-400	-	-	-	-
Net cash provided by financing activities
99,200	-129,300	-196,000	54,300	107,600	-129,500	-88,200	99,100	-7,000	-105,500	-105,400	46,700	306,400	-104,200	-97,900	130,400	-4,700	-110,800	-70,300	42,900	400	-112,600	-70,600	42,000	-800	-80,200	-89,500	35,800	-21,600	-138,600	-52,100	552,200	-1,400	-100	-52,100	-10,700	-200
Effect of foreign exchange rate changes on cash and cash equivalents
-2,100	1,100	-1,700	800	-300	-100	-800	-6,700	400	0	2,300	2,400	1,300	-2,800	400	2,500	3,100	-300	-3,300	1,100	-4,100	-2,400	-3,100	700	600	-500	300	1,400	-3,400	-300	3,600	-5,400	1,500	-200	-2,900	900	1,500
Net increase in cash and cash equivalents
65,600	-9,900	-56,400	-6,400	33,500	-28,000	-44,200	16,500	45,800	-24,400	-900	-16,100	75,400	-58,100	4,800	-6,200	47,000	-15,500	-16,000	-3,900	37,600	-19,300	-19,800	-3,000	41,800	-17,300	-24,500	-6,800	52,100	-75,000	30,500	20,300	-47,000	79,900	-51,400	72,800	-63,300
Cash paid during the year for:
Interest
2,900	-	-	-	4,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
10,100	-	-	-	11,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Significant non-cash transactions: