American woodmark corp (AMWD)
CashFlow / TTM
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10
OPERATING ACTIVITIES
Net income

83,872

89,477

85,802

83,688

80,773

64,360

65,627

63,141

61,380

73,937

71,819

71,199

67,223

64,683

65,226

58,723

56,659

51,928

41,419

35,499

29,825

25,444

23,044

20,461

20,017

19,173

15,852

9,758

-1,412

-12,583

-17,509

-20,786

-18,194

-14,908

-19,316

-20,018

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

97,524

96,247

95,541

94,446

93,626

80,753

62,486

45,004

26,625

20,786

19,721

18,682

18,371

17,816

17,395

16,456

15,419

14,649

14,401

14,526

14,597

14,752

14,686

14,545

14,323

14,042

14,100

14,431

17,150

19,473

21,286

23,387

23,549

24,372

25,616

26,703

0

0

0

Net loss on disposal of property, plant and equipment

-1,662

-1,606

-1,685

-1,973

-1,010

-1,115

-937

-615

-424

-354

-340

-444

-1,749

-1,668

-1,703

-1,576

-201

-203

-153

-153

-189

-165

-159

-123

-123

-121

-209

-231

-178

-211

-159

-180

-188

-211

-228

-209

0

0

0

Reduction in the carrying amount of operating lease right-of-use assets

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

2,633

2,684

2,686

2,724

2,054

1,356

700

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on foreign exchange forward contracts

-47

295

-850

0

34

-456

537

-257

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

481

370

376

-54

-111

0

0

0

-

-

-

-

Gain on insurance recoveries

0

0

0

580

580

580

580

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

94

670

670

1,069

975

0

0

0

-

-

-

-

-

-

-

-

Stock-based compensation expense

3,872

3,493

3,151

3,040

2,881

3,110

2,938

3,097

3,498

3,429

3,568

3,469

3,435

3,463

3,492

3,609

3,611

3,528

3,517

3,497

3,314

3,329

3,377

3,295

3,379

3,478

3,385

3,509

3,455

3,341

3,419

3,413

3,752

4,028

4,127

3,995

0

0

0

Deferred income taxes

-10,671

-8,370

-7,787

-7,805

1,808

8,755

18,010

21,404

13,565

6,399

9,653

9,899

12,483

19,066

12,137

11,629

11,273

6,939

5,126

4,335

5,932

6,102

7,137

7,978

7,222

7,151

6,811

5,789

-484

-7,638

-10,619

-12,290

-8,349

-5,660

-7,236

-8,185

0

0

0

Pension contributions in excess of expense

1,112

6,512

6,791

7,875

8,129

13,836

20,632

20,928

20,660

26,189

28,522

27,840

27,635

13,787

5,168

4,732

5,681

4,816

4,740

4,604

4,174

2,657

2,228

2,039

10,250

7,581

6,027

4,299

-4,235

-1,122

1,373

4,528

6,130

6,668

7,005

6,907

0

0

0

Excess Tax Benefit from Share-based Compensation, Operating Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,968

6,643

5,451

4,179

1,887

378

414

662

854

167

493

215

18

0

0

0

-

-

-

-

80

0

0

0

Contributions of employer stock to employee benefit plan

3,772

3,772

3,772

3,623

3,623

3,623

3,623

3,554

3,554

3,554

3,554

2,926

2,926

2,926

2,926

1,761

3,379

4,676

5,819

6,217

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-cash items

-1,452

-2,838

-1,823

-916

-338

667

184

-14

-201

60

-212

-318

97

406

542

663

-516

-749

-1,242

-216

4,911

3,773

3,614

2,634

732

770

976

1,389

-1,404

-1,539

-432

-867

472

1,272

1,783

971

0

0

0

Changes in operating assets and liabilities:
Customer receivables

4,312

-9,311

-10,387

-9,719

-3,992

10,398

14,434

18,786

7,590

-2,113

5,467

7,780

10,444

7,489

4,704

9,938

1,538

6,556

1,725

-288

-70

5,737

6,233

7,546

7,324

8,334

11,924

6,825

16,350

12,819

3,188

1,533

-3,070

1,051

7,837

3,514

0

0

0

Income taxes receivable

37,346

28,655

13,005

4,852

-38,719

-28,216

-10,955

-2,802

13,577

6,289

4,205

4,925

1,641

3,901

3,953

4,276

3,913

3,190

2,652

5,605

6,363

5,320

5,374

2,875

2,218

3,886

6,406

7,068

6,840

5,008

1,278

-115

-112

1,087

1,934

-331

0

0

0

Inventories

7,730

6,460

4,039

5,172

19,458

13,804

13,936

7,492

-2,599

1,813

2,650

207

1,543

6,671

4,396

4,585

5,241

630

87

-126

677

732

786

1,236

1,639

1,611

846

1,669

1,427

1,406

-225

320

-433

96

-4,841

-5,709

0

0

0

Prepaid expenses and other assets

-5,834

-8,279

-6,704

-4,775

55

-49

1,237

-858

1,645

484

1,131

6,301

-1,127

-1,968

4,090

723

4,184

8,655

3,237

5,113

5,052

4,864

7,845

5,869

1,978

3,363

2,567

3,814

7,770

7,546

2,988

923

-849

493

4,779

4,534

0

0

0

Accounts payable

18,986

9,799

18,894

6,225

-9,475

-2,853

-9,908

-2,525

1,510

-46

7,627

773

-641

-1,228

953

5,269

6,991

8,176

2,566

1,963

4,784

-138

3,086

1,943

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Accrued compensation and related expenses

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-294

-1,791

1

1,546

3,884

1,201

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketing and other accrued expenses

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Net cash provided by operating activities

165,103

169,410

200,520

190,845

175,844

152,604

113,142

86,775

74,297

78,772

70,703

77,080

72,707

72,762

89,896

74,604

77,728

83,515

68,552

60,164

52,988

43,360

47,542

40,535

45,834

42,492

30,559

24,527

4,868

6,021

8,073

16,053

18,905

13,484

15,718

13,196

0

0

0

INVESTING ACTIVITIES
Payments to acquire property, plant and equipment

31,397

33,291

27,179

32,128

42,686

41,685

46,256

47,590

39,355

32,117

28,227

21,811

17,172

17,908

21,779

28,685

33,282

34,799

28,671

20,015

14,250

10,457

8,529

7,903

6,746

7,524

8,526

8,860

9,131

8,818

7,603

6,679

6,544

5,678

5,277

4,952

0

0

0

Proceeds from sales of property, plant and equipment

326

342

68

64

72

60

34

27

14

13

30

37

787

791

773

846

103

88

97

22

31

46

38

81

70

55

129

80

75

75

2

15

15

16

17

3

0

0

0

Proceeds from sales of assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,447

6,503

6,503

1,833

56

0

0

0

-

-

-

-

Proceeds from insurance recoveries

0

0

0

580

580

580

580

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

94

670

670

1,069

975

0

0

0

-

-

-

-

-

-

-

-

Acquisition of business, net of cash acquired

0

0

0

7,182

7,182

64,382

64,382

57,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of certificates of deposit

-

-

-

-

-

-

-

25,000

52,750

59,500

59,750

85,000

69,750

77,500

81,250

46,750

45,500

42,500

48,750

40,750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of certificates of deposit

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in promotional displays

8,266

8,045

7,236

7,257

6,044

4,720

3,520

2,303

1,574

2,609

3,404

3,720

4,693

3,278

3,793

4,434

3,840

3,956

3,555

2,363

2,747

3,004

3,058

3,499

4,216

4,033

4,546

4,759

4,348

4,518

3,926

3,310

3,690

3,483

3,197

3,456

0

0

0

Net cash used by investing activities

-36,837

-36,494

-27,097

-37,923

-47,260

-32,897

-39,544

-44,316

-30,365

-34,463

-34,351

-53,744

-58,828

-65,395

-66,049

-40,773

-46,769

-56,417

-68,629

-56,606

-44,822

-29,771

-9,905

-9,583

-10,222

-10,832

-7,204

-6,117

-6,502

-6,359

-9,694

-9,918

-8,754

-7,680

-5,518

-5,466

0

0

0

FINANCING ACTIVITIES
Payments of long-term debt

113,407

101,343

101,278

122,205

175,806

189,756

159,633

96,572

31,838

11,753

11,760

11,731

1,698

1,649

1,603

1,547

1,507

1,447

1,397

1,309

4,401

4,674

4,574

4,516

1,245

1,139

1,058

1,019

1,077

1,048

1,052

1,021

927

927

896

892

0

0

0

Proceeds from long-term debt

-

-

-

-

-

-

-

734

1,524

2,208

3,461

3,477

3,078

5,199

3,946

3,196

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

295

83

0

500

503

503

532

1,289

1,293

1,411

1,603

2,366

2,746

4,368

6,578

8,114

12,036

12,405

17,224

14,268

10,898

11,682

11,744

15,330

18,451

17,376

10,064

5,878

1,818

0

0

18

17

170

170

399

0

0

0

Payments for Repurchase of Common Stock

-

-

-

-

-

-

-

29,000

29,000

26,464

13,869

13,407

18,004

20,036

19,925

16,593

11,996

7,000

2,757

5,053

8,194

8,194

7,205

3,141

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Notes receivable, net

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Withholding of employee taxes related to stock-based compensation

1,050

1,050

1,050

1,739

1,763

1,763

1,795

2,803

2,779

2,810

2,794

1,734

1,922

1,891

1,875

2,826

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess Tax Benefit from Share-based Compensation, Financing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,968

6,643

5,451

4,179

1,887

378

414

662

854

167

493

215

18

0

0

0

-

-

-

-

80

0

0

0

Payment of dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,287

2,572

3,855

5,137

5,130

0

0

0

Net cash used by financing activities

-123,212

-139,343

-152,560

-173,676

-226,199

-224,390

-199,009

-141,027

-67,524

-37,408

-23,318

-20,821

-15,342

-16,695

-14,304

-8,909

1,195

7,011

14,976

10,283

-1,694

-1,230

44

7,777

24,437

23,794

16,285

11,941

8,411

6,307

6,303

5,065

-3,466

-4,589

-5,840

-5,543

0

0

0

Net decrease in cash and cash equivalents

5,054

-6,427

20,863

-20,754

-97,615

-104,683

-125,411

-98,568

-23,592

6,901

13,034

2,515

-1,463

-9,328

9,543

24,922

32,154

34,109

14,899

13,841

6,472

12,359

37,681

38,729

60,049

55,454

39,640

30,351

6,777

5,969

4,682

11,200

6,685

1,215

4,360

2,187

0

0

0

Non-cash investing and financing activities:
Property, plant and equipment included in accounts payable at period end

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during the period for:
Interest

29

31

34

35

29

24

10

5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

44

36

21

22

13

10

18

18

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-