| 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 | Dec'10 | Sep'10 | Jun'10 | Mar'10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows From (Used In) Operating Activities | |||||||||||||||||||||||||||||||||
Net earnings | |||||||||||||||||||||||||||||||||
582,000 | 237,000 | 908,000 | 601,000 | 87,000 | 87,000 | 101,000 | 201,000 | 449,000 | 109,000 | 83,000 | 799,000 | 620,000 | 188,000 | 132,000 | 413,000 | 240,000 | 103,000 | 3,000 | 109,000 | 238,000 | 104,000 | 35,000 | 280,000 | 393,000 | 62,000 | -118,000 | 352,000 | 222,000 | 107,000 | 3,000 | 56,000 | 67,000 | -155,000 |
Adjustments to reconcile net earnings to net cash from operating activities: | |||||||||||||||||||||||||||||||||
Depreciation and amortization expenses | |||||||||||||||||||||||||||||||||
292,000 | 282,000 | 282,000 | 273,000 | 240,000 | 226,000 | 218,000 | 211,000 | 210,000 | 212,000 | 203,000 | 192,000 | 182,000 | 179,000 | 153,000 | 144,000 | 135,000 | 130,000 | 133,000 | 139,000 | 112,000 | 106,000 | 117,000 | 116,000 | 109,000 | 103,000 | 105,000 | 103,000 | 106,000 | 103,000 | 108,000 | 106,000 | 108,000 | 100,000 |
Lower of cost or market inventory valuation adjustment | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | -123,000 | -20,000 | -363,000 | 147,000 | 276,000 | 83,000 | 0 | -42,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Amortization of debt issuance costs and discounts | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,000 | 4,000 | 4,000 | 6,000 | 6,000 | 4,000 | 4,000 | 4,000 |
Debt redemption charges | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | -10,000 | 0 | -31,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Gain related to Hawaii Business | |||||||||||||||||||||||||||||||||
0 | -10,000 | 0 | -13,000 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6,000 | 127,000 | -3,000 | -60,000 | 3,000 | -93,000 | 7,000 | 10,000 | 22,000 |
Stock-based compensation expense | |||||||||||||||||||||||||||||||||
14,000 | 12,000 | 17,000 | 18,000 | 20,000 | 14,000 | 14,000 | 13,000 | 11,000 | -3,000 | 18,000 | 22,000 | 7,000 | 28,000 | 35,000 | 12,000 | 26,000 | -18,000 | 46,000 | -13,000 | -5,000 | 52,000 | 12,000 | 72,000 | 0 | 21,000 | 28,000 | -10,000 | -13,000 | 48,000 | 30,000 | 14,000 | 1,000 | 13,000 |
Deferred income taxes | |||||||||||||||||||||||||||||||||
110,000 | 61,000 | -865,000 | 120,000 | 12,000 | 38,000 | 21,000 | 91,000 | 91,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | -113,000 | -41,000 | 122,000 | 24,000 | 26,000 | 18,000 | 96,000 | 60,000 | 9,000 | 41,000 | 42,000 | -83,000 |
Excess tax benefits from stock-based compensation arrangements | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | 3,000 | 1,000 | 3,000 | 5,000 | 1,000 | 3,000 | 4,000 | 1,000 | 0 | 1,000 | 1,000 |
Turnaround expenditures | |||||||||||||||||||||||||||||||||
69,000 | 168,000 | 126,000 | 144,000 | 175,000 | 99,000 | 91,000 | 6,000 | 93,000 | 133,000 | 42,000 | 81,000 | 84,000 | 83,000 | 137,000 | 40,000 | 19,000 | 60,000 | 118,000 | 56,000 | 118,000 | 159,000 | 68,000 | 17,000 | 66,000 | 126,000 | - | - | - | - | - | - | - | - |
Marketing branding costs | |||||||||||||||||||||||||||||||||
-14,000 | -10,000 | -12,000 | -4,000 | -19,000 | -18,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other operating activities, net | |||||||||||||||||||||||||||||||||
-9,000 | 18,000 | 15,000 | -2,000 | -16,000 | 10,000 | 13,000 | 6,000 | 0 | -3,000 | 12,000 | 10,000 | 6,000 | -16,000 | 14,000 | -46,000 | -20,000 | 7,000 | - | -55,000 | 4,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Changes in current assets and current liabilities | |||||||||||||||||||||||||||||||||
18,000 | 264,000 | - | 81,000 | -311,000 | 315,000 | - | -30,000 | -44,000 | 22,000 | - | 109,000 | -249,000 | 428,000 | - | 25,000 | -140,000 | 343,000 | - | -565,000 | 639,000 | -139,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Changes in current assets and current liabilities: | |||||||||||||||||||||||||||||||||
Receivables | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -362,000 | 424,000 | -202,000 | 92,000 | 123,000 | -227,000 | 146,000 | 323,000 | -136,000 | 24,000 | -161,000 | 65,000 |
Inventories | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -161,000 | -44,000 | 64,000 | -51,000 | 56,000 | -147,000 | 387,000 | 210,000 | 208,000 | -23,000 | 209,000 | 241,000 |
Prepayments and other | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -24,000 | -15,000 | -65,000 | 10,000 | -10,000 | 6,000 | 21,000 | 54,000 | 6,000 | -16,000 | 27,000 | 17,000 |
Accounts payable and other current liabilities | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -366,000 | 376,000 | -24,000 | -47,000 | 12,000 | -42,000 | -6,000 | 484,000 | 150,000 | 5,000 | -105,000 | 402,000 |
Changes in noncurrent assets and noncurrent liabilities | |||||||||||||||||||||||||||||||||
-58,000 | 92,000 | -179,000 | -132,000 | -1,000 | 157,000 | -98,000 | 83,000 | 89,000 | -123,000 | 44,000 | -87,000 | 29,000 | 26,000 | - | - | - | - | - | - | - | - | 11,000 | -21,000 | 9,000 | 4,000 | -43,000 | 23,000 | 41,000 | 9,000 | -150,000 | 32,000 | 77,000 | 14,000 |
Net cash from operating activities | |||||||||||||||||||||||||||||||||
847,000 | 250,000 | 429,000 | 431,000 | 670,000 | 100,000 | 103,000 | 573,000 | 444,000 | 184,000 | 284,000 | 940,000 | 1,055,000 | -148,000 | 317,000 | 671,000 | 526,000 | -150,000 | 189,000 | 831,000 | -408,000 | 247,000 | 410,000 | 451,000 | 739,000 | -15,000 | -173,000 | 773,000 | -122,000 | 211,000 | 230,000 | 216,000 | -26,000 | -35,000 |
Cash Flows From (Used In) Investing Activities | |||||||||||||||||||||||||||||||||
Capital expenditures | |||||||||||||||||||||||||||||||||
385,000 | 467,000 | 444,000 | 363,000 | 281,000 | 258,000 | 271,000 | 197,000 | 209,000 | 217,000 | 257,000 | 233,000 | 269,000 | 271,000 | 208,000 | 217,000 | 141,000 | 119,000 | 123,000 | 154,000 | 168,000 | 125,000 | 147,000 | 139,000 | 132,000 | 111,000 | 111,000 | 75,000 | 64,000 | 48,000 | 69,000 | 69,000 | 73,000 | 86,000 |
Acquisitions, net of cash | |||||||||||||||||||||||||||||||||
291,000 | 340,000 | -4,000 | 182,000 | 266,000 | 672,000 | 1,000 | 18,000 | 80,000 | 314,000 | 91,000 | 0 | 6,000 | 0 | - | - | - | - | - | - | - | - | 170,000 | -38,000 | 1,000 | 37,000 | 0 | 0 | 0 | 0 | - | - | - | - |
Deposits for acquisitions | |||||||||||||||||||||||||||||||||
- | 10,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Advanced payments made for Los Angeles Acquisition | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27,000 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds from asset sales | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 3,000 | 0 | - | - | - | - | 0 | 1,000 | 0 | 1,000 |
Other investing activities, net | |||||||||||||||||||||||||||||||||
0 | -1,000 | -4,000 | -15,000 | 16,000 | -1,000 | -1,000 | -1,000 | 0 | 4,000 | -2,000 | 2,000 | 0 | 2,000 | 20,000 | -1,000 | 0 | -10,000 | -6,000 | 25,000 | -23,000 | -2,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||||||||||||||||||||||||||
-696,000 | -816,000 | -470,000 | -525,000 | -519,000 | -929,000 | -297,000 | -214,000 | -271,000 | -535,000 | -346,000 | -235,000 | -275,000 | -273,000 | -2,689,000 | -216,000 | -158,000 | -109,000 | -54,000 | 393,000 | -2,766,000 | -150,000 | -188,000 | -230,000 | -130,000 | -148,000 | -105,000 | -75,000 | -63,000 | -48,000 | -69,000 | -68,000 | -73,000 | -85,000 |
Cash Flows From (Used In) Financing Activities | |||||||||||||||||||||||||||||||||
Borrowings under revolving credit agreements | |||||||||||||||||||||||||||||||||
1,570,000 | 1,370,000 | 961,000 | 590,000 | 720,000 | 44,000 | 690,000 | 161,000 | 303,000 | 297,000 | 130,000 | 84,000 | 163,000 | 99,000 | 351,000 | 67,000 | 228,000 | 0 | - | - | - | - | 0 | 0 | 100,000 | 85,000 | 177,000 | 20,000 | 55,000 | 60,000 | 150,000 | 0 | 0 | 66,000 |
Repayments on revolving credit agreements | |||||||||||||||||||||||||||||||||
1,248,000 | 650,000 | 1,573,000 | 145,000 | 180,000 | 334,000 | 760,000 | 0 | 599,000 | 67,000 | 105,000 | 103,000 | 99,000 | 124,000 | 334,000 | 52,000 | 0 | 0 | - | - | - | - | 0 | 168,000 | 72,000 | 112,000 | 80,000 | 55,000 | 30,000 | 130,000 | 0 | 0 | 0 | 66,000 |
Proceeds from debt offerings | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,300,000 | 0 | 0 | 300,000 | 256,000 | 550,000 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments of debt | |||||||||||||||||||||||||||||||||
6,000 | 5,000 | 2,050,000 | 454,000 | 1,633,000 | 3,000 | 2,000 | 5,000 | 1,000 | 252,000 | 2,000 | 399,000 | 3,000 | 0 | 1,000 | 131,000 | 1,000 | 301,000 | 100,000 | 4,000 | 2,000 | 0 | - | - | - | - | - | - | - | - | 1,000 | 1,000 | 0 | 1,000 |
Proceeds from inventory financing arrangements | |||||||||||||||||||||||||||||||||
0 | 330,000 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments of inventory financing arrangements | |||||||||||||||||||||||||||||||||
330,000 | 116,000 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Dividend payments | |||||||||||||||||||||||||||||||||
89,000 | 92,000 | 91,000 | 93,000 | 65,000 | 65,000 | 63,000 | 65,000 | 61,000 | 60,000 | 59,000 | 62,000 | 53,000 | 54,000 | 37,000 | 39,000 | 32,000 | 33,000 | 33,000 | 33,000 | 27,000 | 28,000 | 21,000 | 17,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from stock options exercised | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11,000 | 9,000 | 0 | 14,000 | 5,000 | 0 | 3,000 | 4,000 | 1,000 | 1,000 | 0 | 3,000 |
Net proceeds from issuance of Andeavor Logistics LP common units | |||||||||||||||||||||||||||||||||
0 | 0 | 0 | 3,000 | 0 | 281,000 | 0 | 30,000 | 329,000 | 5,000 | 28,000 | 26,000 | 21,000 | 24,000 | 793,000 | 156,000 | 0 | 0 | 310,000 | 0 | 0 | 392,000 | 171,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Distributions to noncontrolling interest | |||||||||||||||||||||||||||||||||
90,000 | 99,000 | 88,000 | 85,000 | 70,000 | 63,000 | 61,000 | 57,000 | 50,000 | 48,000 | 47,000 | 45,000 | 46,000 | 44,000 | 33,000 | 21,000 | 22,000 | 20,000 | 16,000 | 15,000 | 14,000 | 14,000 | 9,000 | 6,000 | 5,000 | 6,000 | 5,000 | 4,000 | 0 | 0 | - | - | - | - |
Purchases of common stock | |||||||||||||||||||||||||||||||||
2,000 | 256,000 | 292,000 | 252,000 | 148,000 | 0 | - | - | - | - | 150,000 | 225,000 | 250,000 | 19,000 | 150,000 | 150,000 | 100,000 | 100,000 | 99,000 | 105,000 | 101,000 | 135,000 | 95,000 | 0 | 21,000 | 10,000 | 56,000 | 38,000 | 4,000 | 3,000 | -1,000 | 0 | 1,000 | 2,000 |
Taxes paid related to net share settlement of equity awards | |||||||||||||||||||||||||||||||||
0 | 23,000 | 1,000 | 2,000 | 9,000 | 22,000 | 0 | 1,000 | 4,000 | 20,000 | 0 | 1,000 | 5,000 | 39,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments of debt issuance costs | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Excess tax benefits from stock-based compensation arrangements | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | 3,000 | 1,000 | 3,000 | 5,000 | 1,000 | 3,000 | 4,000 | 1,000 | 0 | 1,000 | 1,000 |
Other financing activities, net | |||||||||||||||||||||||||||||||||
-1,000 | -3,000 | -2,000 | -1,000 | -3,000 | -6,000 | -9,000 | -14,000 | -9,000 | -7,000 | -49,000 | 1,000 | 11,000 | 37,000 | -40,000 | 6,000 | -19,000 | -8,000 | -8,000 | -10,000 | -33,000 | 21,000 | 0 | -27,000 | 1,000 | -1,000 | -3,000 | -9,000 | -3,000 | -22,000 | -4,000 | 0 | 0 | -4,000 |
Net cash from (used in) financing activities | |||||||||||||||||||||||||||||||||
-196,000 | 456,000 | 56,000 | -439,000 | -1,388,000 | -168,000 | 2,102,000 | -93,000 | 509,000 | -152,000 | 45,000 | -724,000 | -261,000 | -120,000 | 1,842,000 | -164,000 | 73,000 | -181,000 | -389,000 | -160,000 | 1,630,000 | 236,000 | 50,000 | -176,000 | 3,000 | -27,000 | 43,000 | -170,000 | 68,000 | -87,000 | 148,000 | 0 | 0 | -3,000 |
Decrease in Cash and Cash Equivalents | |||||||||||||||||||||||||||||||||
-45,000 | -110,000 | 15,000 | -533,000 | -1,237,000 | -997,000 | 1,908,000 | 266,000 | 682,000 | -503,000 | -17,000 | -19,000 | 519,000 | -541,000 | -530,000 | 291,000 | 441,000 | -440,000 | -254,000 | 1,064,000 | -1,544,000 | 333,000 | 272,000 | 45,000 | 612,000 | -190,000 | -235,000 | 528,000 | -117,000 | 76,000 | 309,000 | 148,000 | -99,000 | -123,000 |
Interest paid, net of capitalized interest | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2,000 | - | -1,000 | 64,000 | -2,000 | 62,000 | -4,000 | 63,000 | -6,000 |
Income taxes paid, net | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | 83,000 | 60,000 | 1,000 | -6,000 | -1,000 | -20,000 | -85,000 |
Capital expenditures included in accounts payable at end of period | |||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 36,000 | - | 11,000 | -1,000 | 17,000 | -2,000 | 6,000 | 4,000 | 15,000 |