APTARGROUP INC ATR Cash Flow

Aptargroup inc (ATR)

CashFlow / TTM

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	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flows from Operating Activities:
Net income
234,478	242,227	234,364	216,617	198,477	194,766	203,597	218,104	227,512	220,029	220,110	219,681	213,543	205,604	199,410	199,572	198,062	199,295	197,414	192,772	188,315	191,624	186,948	183,560	180,356	171,926	169,944	166,813	158,585	162,420	166,198	173,340	182,975	183,630	185,712	183,490	178,962	173,589	0	0	0
Adjustments to reconcile net income to net cash provided by operations:
Depreciation
168,249	166,944	167,524	163,557	159,422	156,292	149,293	148,820	146,210	142,755	143,346	143,081	145,986	145,485	143,376	140,630	136,069	134,647	137,499	140,006	144,023	146,893	146,485	145,566	145,838	144,923	143,603	141,663	136,574	133,845	130,450	129,753	131,353	132,048	133,201	131,479	129,161	129,339	0	0	0
Amortization
29,620	27,608	25,664	22,270	18,639	15,455	12,274	10,977	10,728	10,339	10,172	10,017	10,260	9,317	7,797	6,315	4,651	4,246	4,512	4,724	5,008	5,325	5,335	5,318	5,194	5,033	5,027	4,993	4,065	3,177	2,168	1,122	1,839	2,195	2,905	3,525	3,412	3,620	0	0	0
Stock based compensation
26,469	23,893	22,807	21,636	18,615	19,561	18,748	18,108	18,687	18,924	17,006	17,138	17,468	19,824	21,139	21,034	21,186	20,612	20,602	20,602	20,883	19,749	19,297	18,198	16,254	14,392	13,460	13,330	13,455	12,695	12,366	13,028	11,805	13,753	13,557	12,431	12,955	11,215	0	0	0
Provision for CECL
1,536	782	1,663	1,039	1,326	923	301	382	182	235	316	365	695	561	327	-930	-644	-813	-258	1,172	-131	741	359	269	642	-385	-784	-713	-185	-595	127	403	856	1,642	603	337	-265	-252	0	0	0
(Gain) loss on disposition of fixed assets
-88	-344	-512	-634	-399	770	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
8,081	8,746	-11,990	-18,646	-19,948	-23,352	-911	-2,880	1,997	2,238	-12,716	-10,056	-12,737	-11,112	-8,745	-4,641	-7,007	-7,141	-5,329	-17,630	-17,926	-18,973	-245	9,792	9,464	6,844	-10,983	-15,293	-13,431	-9,015	3,070	5,054	4,248	2,004	2,225	2,074	1,379	503	0	0	0
Defined benefit plan expense
17,259	15,342	16,552	17,512	18,487	19,501	18,734	18,341	17,833	17,200	17,086	16,910	16,831	16,786	17,883	18,814	19,718	20,685	19,511	18,541	17,634	16,699	17,499	18,192	18,511	19,408	18,287	17,125	16,149	14,611	13,637	12,341	11,597	10,908	0	0	0	-	-	-	-
Equity in results of affiliates
-569	135	53	-230	-259	-229	-217	-244	-246	-229	-146	-89	-118	-191	-170	-364	-720	-718	-784	-699	-490	-1,917	-2,142	-2,304	-2,167	-883	-548	-491	-588	-457	0	0	0	-	-	-	-	-	-	-	-
Changes in balance sheet items, excluding effects from acquisitions and foreign currency adjustments:
Accounts and other receivables
20,652	-8,811	-6,376	3,352	34,785	66,968	71,240	91,286	76,277	44,658	33,516	6,753	6,723	41,721	35,182	58,198	53,824	27,759	5,922	-4,597	-6,030	16,322	47,495	36,199	47,934	32,806	11,477	10,671	-7,165	-16,689	39,707	27,632	25,451	44,997	12,227	33,342	64,822	50,143	0	0	0
Retirement and deferred compensation plan expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Inventories
-5,087	-605	25	12,899	19,705	25,183	52,780	37,805	23,651	12,989	-9,058	-9,952	6,955	834	4,107	12,624	21,757	18,925	9,511	-1,712	-12,252	-5,205	14,136	26,892	26,205	29,918	35,061	21,510	20,614	19,712	4,921	8,237	12,770	22,332	33,708	53,080	52,623	47,388	0	0	0
Prepaid and other current assets
2,909	-6,596	10,351	12,929	11,848	9,437	23,927	19,319	20,510	33,959	2,563	-1,971	4,642	5,968	9,949	9,142	8,653	6,982	2,789	17,009	13,805	6,496	5,962	2,592	3,113	6,394	11,634	4,709	-912	-10,124	-3,201	6,102	20,365	34,252	15,870	13,254	3,114	-4,390	0	0	0
Accounts payable, accrued and other liabilities
37,814	-779	-3,719	-9,982	17,276	37,155	65,008	90,825	58,720	58,245	33,193	8,975	2,433	-12,474	536	8,143	38,001	39,330	12,730	-3,332	-17,948	-24,319	-2,164	-703	1,936	1,144	10,683	8,474	-311	-824	-12,944	-833	-1,132	5,271	22,881	-8,869	32,116	59,147	0	0	0
Income taxes payable
-3,131	5,658	11,055	-11,856	-2,899	-3,155	-18,295	3,938	-7,479	-8,753	17,712	13,589	17,774	15,056	6,956	5,936	5,539	3,397	-1,769	7,401	-8,731	-10,949	-6,934	-14,118	7,106	16,712	8,565	11,431	3,445	2,969	-1,152	-11,266	4,348	-9,615	-9,735	-4,031	3,831	9,306	0	0	0
Retirement and deferred compensation plan liabilities
672	-3,956	-2,163	-24,058	-23,321	-22,762	-41,917	-22,029	-22,316	-41,004	-15,582	-16,570	-18,298	-9,380	-32,941	-41,641	-40,916	-30,332	-2,377	2,357	-1,763	-370	-10,527	-18,248	-19,497	-19,441	-1,530	11,153	1,147	-2,073	-16,730	-16,395	-20,671	-11,240	-10,647	-10,811	876	-5,657	0	0	0
Other changes, net
-18,624	-11,771	-32,708	-36,986	-26,351	-27,873	-5,999	10,329	-1,452	9,199	13,433	15,859	21,794	3,675	11,854	5,834	-4,725	7,219	18,783	10,806	10,282	-5,605	-2,355	-2,745	-1,318	6,221	-12,247	-16,758	-18,799	10,876	-17,487	-14,818	-10,068	-32,010	10,104	7,482	19,729	17,581	0	0	0
Net Cash Provided by Operations
521,854	514,457	484,424	380,259	340,245	313,628	269,152	330,316	337,572	324,729	388,041	390,005	351,598	325,299	294,816	267,798	295,870	323,759	346,314	345,806	324,049	316,329	292,957	287,192	292,037	286,100	310,895	339,335	326,343	313,892	273,785	279,700	278,848	261,042	277,011	211,380	231,475	278,695	0	0	0
Cash Flows from Investing Activities:
Capital expenditures
252,159	242,276	252,772	244,273	222,975	211,252	181,142	181,672	161,795	156,624	157,423	138,749	139,616	128,986	135,461	145,959	146,656	149,323	142,703	135,178	145,911	161,940	166,625	166,837	159,592	151,510	151,387	150,443	166,389	174,053	185,998	196,100	197,051	179,692	158,471	137,923	114,070	118,804	0	0	0
Proceeds from sale of property, plant and equipment
4,289	4,301	4,068	1,587	1,796	4,466	3,747	5,019	3,895	2,036	1,989	1,225	1,448	1,693	2,868	290	221	827	4,112	4,802	4,568	5,106	-769	-223	652	436	2,406	4,346	4,020	2,629	2,612	538	1,773	1,838	1,992	3,406	1,884	1,398	0	0	0
Maturity of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	29,485	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of business, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	202,985	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,014	0	0	0
Insurance proceeds
-	-	-	-	-	10,631	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of business, release of escrow
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of intangible assets
8,540	4,806	4,886	1,089	708	611	0	0	0	-	-	-	-	2,492	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	459	0	0	0
Investment in equity securities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment in equity securities
-	16,487	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in unconsolidated affiliate
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	279	0	0	0	-	-	-	-	-	-	-	-
Notes receivable, net
1,132	116	1,084	1,108	340	779	-901	-739	-471	-234	-919	-521	-467	-593	-1,130	-271	-1,128	-1,296	0	0	0	-	-	-	-	-	-	-	-	84	18	100	309	59	0	0	0	-	-	-	-
Net Cash Used by Investing Activities
-385,250	-336,268	-290,779	-801,933	-748,108	-735,461	-704,318	-245,155	-212,842	-224,800	-224,133	-139,668	-140,237	-300,502	-270,638	-281,474	-350,015	-176,230	-203,040	-200,177	-143,558	-159,200	-176,088	-173,097	-164,986	-157,120	-149,076	-334,120	-350,145	-359,459	-389,644	-213,769	-213,276	-195,823	-156,804	-134,942	-112,965	-120,999	0	0	0
Cash Flows from Financing Activities:
Proceeds from notes payable and overdrafts
42,219	50,854	67,959	71,276	57,288	49,069	0	0	0	-	-	-	-	-	133,171	59,480	77,112	-227,362	-238,550	-208,715	-169,087	95,816	168,731	208,610	115,039	94,184	0	0	0	-	-129,708	33,348	74,652	134,563	0	0	0	-	0	0	0
Repayments of notes payable and overdrafts
34,169	53,269	64,744	60,228	47,168	29,994	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds and repayments of short term credit facility, net
201,126	-52,096	0	0	0	-	-	-	-	-169,213	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term obligations
-	10,523	13,593	18,990	21,083	13,161	0	0	0	-	-	-	-	5,963	5,359	-573	337	225,236	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Repayments of long-term obligations
66,435	67,276	70,188	73,433	71,662	72,290	227,988	166,474	167,385	165,798	6,638	57,698	56,535	55,314	70,157	17,785	17,273	16,981	0	0	0	-	-	27,091	28,028	28,320	0	0	0	-	-	-	0	-	-	-	-	26,766	0	0	0
Dividends paid
91,854	90,200	88,506	86,628	83,847	82,300	80,887	79,778	79,793	79,900	80,064	78,874	77,826	76,659	75,332	74,035	72,615	71,247	70,641	71,308	72,108	71,072	69,402	67,723	66,006	66,133	64,286	62,370	60,405	58,442	58,369	58,383	55,800	53,308	50,842	48,297	46,420	44,485	0	0	0
Credit facility costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,216	1,637	1,637	820	720	299	299	300	498	546	895	894	1,518	0	0	0	-	-	-	-	-	-	-	-
Proceeds from stock option exercises
88,497	90,834	91,075	112,448	74,215	88,156	86,115	59,841	90,080	73,905	72,576	76,884	53,092	55,347	73,963	74,896	66,048	64,759	53,122	46,506	47,916	36,015	27,462	29,903	30,914	42,684	47,766	50,734	44,503	44,637	44,219	37,223	39,435	26,078	22,328	25,312	23,736	28,820	0	0	0
Purchase of treasury stock
-	86,497	54,873	19,096	15,000	3,905	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	340,517	129,108	127,109	121,044	118,813	119,119	114,285	80,465	79,793	63,851	71,865	103,107	102,595	107,328	94,337	88,077	86,473	0	0	0
Common stock repurchased and retired
-	-	-	-	-	57,786	57,787	57,787	37,772	40,994	87,575	123,682	138,749	131,371	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	9,171	10,414	10,697	8,731	8,388	7,973	7,771	8,829	6,998	6,005	5,994	5,291	6,104	6,861	7,341	3,779	7,809	7,875	6,467	11,282	6,433	6,587	7,629	5,232	5,555	0	0	0
Net Cash Provided (Used) by Financing Activities
67,956	-197,135	-211,303	5,662	-107,285	-14,872	-282,202	278,859	299,601	114,792	416,462	-262,587	-284,446	-29,715	-21,259	-9,890	38,995	-32,310	-24,316	-37,618	-35,508	-20,738	6,370	25,279	-61,140	-67,798	-93,101	-117,242	-58,661	-99,383	-66,650	-45,149	-76,539	-28,546	-47,196	-49,600	-88,717	-79,591	0	0	0
Effect of Exchange Rate Changes on Cash
-7,094	-904	-8,147	871	-12,233	-9,112	-4,916	17,156	35,700	31,632	5,559	-12,499	-28,160	-18,696	-4,241	-6,580	15,429	-25,080	-32,293	-57,489	-76,467	-46,490	-23,696	11,924	26,162	18,924	4,846	1,144	-22,238	-2,911	-14,633	-61,233	-56,365	-35,484	-29,807	67,218	29,537	-34,642	0	0	0
Net Increase (Decrease) in Cash and Equivalents and Restricted Cash
197,466	-19,850	-25,805	-415,141	-527,381	-445,817	-722,284	381,176	460,031	246,353	585,929	-24,749	-101,245	-23,614	-1,322	-30,146	279	90,139	86,665	50,522	68,516	89,901	99,543	151,298	92,073	80,106	73,564	-110,883	-104,701	-147,861	-197,142	-40,451	-67,332	1,189	43,204	94,056	59,330	43,463	0	0	0