Altra industrial motion corp. (AIMC)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities
Net (Loss)/Income

-24,600

127,200

84,900

71,500

61,500

35,300

52,713

53,690

50,074

51,400

40,655

32,691

26,656

25,140

29,579

34,487

34,763

35,343

38,289

35,016

38,209

40,182

38,321

41,831

39,689

40,185

27,555

25,615

25,548

24,205

35,539

39,160

37,469

37,675

0

0

0

Adjustments to reconcile net income to net operating cash flows:
Depreciation

58,300

58,000

57,600

49,900

42,200

34,800

27,436

27,370

26,939

26,500

25,133

24,047

22,946

21,604

21,562

21,214

21,335

21,559

22,112

22,469

22,616

23,118

22,610

22,233

22,044

21,419

21,546

21,242

20,774

20,537

20,183

19,945

19,332

18,403

0

0

0

Amortization of intangible assets

70,100

70,400

70,800

55,700

40,500

25,200

9,661

9,715

9,655

9,500

9,049

8,717

8,520

8,294

8,509

8,524

8,481

8,562

8,572

8,774

9,000

9,019

8,507

7,830

7,111

6,505

6,669

6,738

6,789

6,839

6,764

6,738

6,579

6,280

0

0

0

Amortization of deferred financing costs

4,600

4,600

4,500

3,200

2,100

1,200

651

601

651

600

661

708

755

802

1,267

1,291

1,323

1,366

917

929

934

927

926

916

916

873

5,205

5,763

5,866

6,006

1,908

1,715

1,833

1,833

0

0

0

Impairment of goodwill and intangible asset

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-1,800

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain)/Loss on foreign currency, net

0

-

0

0

0

-

-

-

0

-

0

0

102

-

397

370

111

395

746

419

529

157

-610

-724

-937

-742

-424

310

49

125

-563

-1,341

-826

-843

0

0

0

Amortization of inventory fair value adjustment

-

-

-

-

-

-

-

-

-

2,300

0

0

0

-

-

-

-

-

-

-

-

2,376

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

4,005

3,924

3,846

3,770

3,694

3,620

3,548

3,476

3,407

3,339

3,272

3,206

3,143

4,615

4,821

4,845

4,869

3,394

3,239

3,180

2,696

0

0

0

Loss on disposal, impairment and other

-

-100

-200

-200

-500

-300

-1,336

-1,374

-1,158

-1,000

-7,914

-8,047

-8,026

-8,532

-1,729

-1,287

-2,477

-2,003

-569

-800

330

92

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on partial settlement of pension plan

-

-

-

-

-

-5,100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

13,400

13,600

14,400

12,400

10,300

8,100

4,557

4,847

4,849

5,300

5,403

5,071

4,818

4,230

4,143

4,101

4,057

4,004

3,699

3,486

3,337

3,101

3,409

3,236

3,198

3,173

2,860

2,920

2,761

2,696

2,771

2,640

2,555

2,471

0

0

0

Changes in assets and liabilities:
Trade receivables

-32,600

-14,800

-19,200

-4,300

8,100

-1,500

5,899

8,288

9,652

8,100

3,380

8,062

7,401

4,140

1,686

-11,653

-9,227

-7,223

-8,850

-2,659

-816

1,050

-3,095

842

-8,897

-5,791

5,786

-3,638

-6,002

-836

29,184

302

9,206

9,379

0

0

0

Inventories

-4,600

-5,800

3,900

14,800

24,100

14,000

6,722

6,427

1,535

2,400

6,317

-613

1,970

-2,324

-2,845

-3,545

-7,987

-6,049

-2,493

-3,123

-4,954

-5,402

-8,237

-8,872

-8,514

-6,412

-4,429

-2,466

-2,981

-4,084

30,715

7,451

16,000

19,948

0

0

0

Accounts payable and accrued liabilities

-12,200

-16,200

1,000

1,200

24,400

23,400

12,899

8,212

-1,903

-3,000

-7,692

-6,349

4,168

4,333

-1,064

2,024

-6,839

2,816

7,733

-3,138

-8,176

-6,055

-16,587

-3,770

-1,918

-708

3,114

-1,482

-1,138

-6,640

-1,270

-213

7,421

8,839

0

0

0

Other current assets and liabilities

14,700

-14,600

15,400

10,000

-9,100

9,400

5,108

5,954

-852

3,200

2,591

-81

2,212

-529

6

4,115

4,572

3,343

11,453

2,976

51

-860

-11,606

-6,301

-3,818

-2,156

4

-321

-1,505

-726

-520

549

313

1,344

0

0

0

Other operating assets and liabilities

-7,700

4,400

-600

-4,400

12,100

-300

-5,972

120

-1,290

-5,100

488

-943

-3,348

-1,849

70

83

1,674

1,895

123

326

-1,045

-749

1,999

2,225

2,983

3,677

2,781

2,880

4,157

3,863

14,417

7,965

7,484

7,215

0

0

0

Net cash provided by operating activities

251,500

255,900

237,700

183,300

151,900

116,300

96,211

83,644

81,178

80,500

73,036

72,065

73,613

76,641

70,165

87,234

80,092

86,816

86,006

76,882

78,200

84,499

89,494

94,375

99,403

89,625

67,594

68,600

71,475

59,918

72,287

64,045

51,939

46,901

0

0

0

Cash flows from investing activities
Purchase of property, plant and equipment

45,900

51,700

53,300

46,700

44,500

37,500

30,639

33,284

32,467

32,800

26,518

22,496

20,621

18,941

19,409

20,285

20,828

22,906

30,767

30,609

30,164

28,050

29,926

28,771

28,941

27,823

20,545

24,415

27,608

31,346

33,564

30,250

27,725

22,242

0

0

0

A&S acquisition purchase price adjustment

-

29,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of building

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from cross currency interest rate swap settlement

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-5,700

-80,900

-1,015,600

-1,009,100

-1,009,600

-989,400

-33,343

-32,767

-26,367

-26,700

-208,381

-207,580

-208,588

-206,908

-19,409

-19,084

-19,627

-21,705

-28,992

-44,853

-44,408

-42,294

-146,926

-130,953

-131,123

-130,005

-20,525

-31,839

-35,032

-38,770

-40,677

-37,088

-95,370

-89,887

0

0

0

Cash flows from financing activities
Payments of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from issuance of Convertible Notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85,000

0

0

0

Payments on Term Loan Facility

121,000

130,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

130,063

17,796

22,042

19,345

23,247

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Payments on Revolving Credit Facility

-

-

-

-

-

281,600

0

0

0

-

-

29,408

40,873

31,861

36,868

39,505

19,445

14,998

9,000

5,000

3,025

9,190

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Dividend payments

44,600

44,400

38,100

32,000

26,100

20,000

20,044

20,000

19,396

18,300

0

0

0

-

-

-

-

14,928

13,519

12,808

15,515

15,033

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for redemption of convertible debt

-

-

-

-

-

-

-

-

-

900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from equipment and working capital notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

1,694

2,974

2,411

2,999

0

0

0

-

-

-

-

-

-

-

-

Payments of equipment and working capital notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Borrowing under Revolving Credit Facility

-

-

-

-

-

19,000

40,000

34,000

31,000

28,000

0

0

0

-

-

-

-

120,036

9,000

9,000

13,000

8,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net payments of financing leases, mortgages, and other obligations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (payments)/proceeds from China debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of equipment, working capital notes, mortgages and other debt

-

-

-

-

-

-

-

1,295

1,233

1,200

1,040

1,268

2,294

3,308

3,406

4,013

4,733

3,864

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares surrendered for tax withholding

3,800

4,000

4,200

3,900

3,700

3,100

2,811

3,214

3,437

2,100

2,138

1,620

1,409

1,337

1,288

1,157

1,145

1,182

893

1,154

1,154

1,158

0

0

0

-

-

-

-

949

935

936

933

944

0

0

0

Additional borrowing under revolver

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from mortgages and other debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of variable rate demand revenue bonds related to the San Marcos facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Payments on mortgages and other debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

651

639

677

756

1,003

1,009

1,350

1,199

767

1,028

543

547

0

0

0

Purchases of common stock under share repurchase program

-

-

-

-

-

-

-

-

-

-

-

-

-

4,713

7,726

13,683

14,899

17,298

19,087

22,717

22,176

17,618

0

0

0

-

30

105

206

333

501

653

775

825

0

0

0

Net cash provided by (used in) financing activities

-70,600

-177,900

897,000

939,300

962,700

986,200

-61,352

-70,301

-63,953

-74,000

142,467

154,910

140,652

149,772

-59,418

-71,947

-59,314

-55,783

-44,480

-51,095

-40,190

-53,965

32,360

41,007

23,416

17,991

-64,750

-69,976

-46,862

-29,880

-31,536

-17,832

-19,766

64,765

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-700

1,200

-1,200

2,000

1,000

3,900

-4,549

-1,439

2,623

3,100

6,264

5,256

2,417

-707

-1,222

-4,150

-3,734

-6,511

-5,879

-7,825

-8,025

-4,341

-2,206

3,232

3,982

839

-183

-513

-3,356

1,371

-2,199

-4,377

-2,379

-1,987

0

0

0

Net change in cash and cash equivalents

174,500

-1,700

117,900

115,500

106,000

117,000

-3,033

-20,863

-6,519

-17,100

13,386

24,651

8,094

18,798

-9,884

-7,947

-2,583

2,817

6,655

-26,891

-14,423

-16,101

-27,278

7,661

-4,322

-21,550

-17,864

-33,728

-13,775

-7,361

-2,125

4,748

-65,576

19,792

0

0

0

Cash paid during the period for:
Interest paid on borrowings

69,900

68,800

48,700

52,900

30,800

21,200

7,787

6,748

6,903

6,900

6,718

7,329

6,604

7,161

7,098

7,026

7,027

7,237

7,109

7,447

7,467

7,618

7,647

7,026

6,836

6,704

24,604

25,283

32,171

30,891

20,110

19,239

19,953

18,724

0

0

0

Income taxes paid

47,100

45,400

59,800

50,400

39,400

34,100

16,495

19,898

23,263

23,600

21,695

17,481

12,008

10,855

12,561

13,809

15,999

15,729

19,131

24,039

31,574

31,631

21,575

17,488

13,070

13,398

18,986

16,356

12,738

12,397

10,742

10,209

10,132

11,860

0

0

0

Non-cash Financing and Investing:
Conversion of convertible senior notes to common stock

-

-

-

-

-

-

-

-

-

51,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-