| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | |||||||||||
Net income (loss) | |||||||||||
186,000 | -74,000 | 273,000 | 162,000 | -326,000 | 218,000 | 160,000 | 406,000 | 258,000 | 169,000 | -75,000 | 106,000 |
Adjustments to reconcile net income (loss) to cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
148,000 | 149,000 | 155,000 | 161,000 | 183,000 | 201,000 | 190,000 | 154,000 | 142,000 | 143,000 | 169,000 | 163,000 |
Specialty Fluids loss on sale and asset impairment charge | |||||||||||
-29,000 | - | - | - | - | - | - | - | - | - | - | - |
Impairment of held for sale assets | |||||||||||
- | - | - | - | - | - | - | 2,000 | 2,000 | 2,000 | - | - |
Impairment of investment in equity affiliate | |||||||||||
11,000 | - | - | - | - | - | - | - | - | - | - | - |
Long-lived asset impairment charge | |||||||||||
- | 162,000 | - | 23,000 | 210,000 | - | - | - | - | - | - | - |
Goodwill impairment charge | |||||||||||
- | 92,000 | - | - | 352,000 | - | - | - | - | - | - | - |
Deferred tax provision (benefit) | |||||||||||
-27,000 | 91,000 | -31,000 | -36,000 | -86,000 | 8,000 | -9,000 | -6,000 | -25,000 | 2,000 | -51,000 | -30,000 |
Employee benefit plan settlement | |||||||||||
7,000 | - | - | - | 18,000 | - | - | - | - | - | - | - |
Gain on sale of land | |||||||||||
- | 39,000 | - | - | - | - | - | - | - | - | - | - |
Gain on sale of investments | |||||||||||
- | 10,000 | - | - | - | - | - | - | - | - | - | - |
Gain on existing investment in NHUMO | |||||||||||
- | - | - | - | - | 29,000 | - | - | - | - | - | - |
Gain on sale of business | |||||||||||
- | - | - | - | - | 4,000 | - | 191,000 | - | - | - | - |
Loss on disposal of property, plant and equipment | |||||||||||
- | - | - | - | - | - | - | - | -2,000 | -6,000 | -11,000 | 12,000 |
Equity in earnings of affiliated companies | |||||||||||
1,000 | 2,000 | 7,000 | 3,000 | 4,000 | - | 11,000 | 11,000 | 8,000 | 7,000 | 5,000 | 8,000 |
Non-cash compensation | |||||||||||
11,000 | 22,000 | 16,000 | 17,000 | 12,000 | 14,000 | 16,000 | 18,000 | 19,000 | 27,000 | 27,000 | 30,000 |
Tax benefit from stock based compensation awards | |||||||||||
- | - | - | - | 2,000 | - | - | - | - | - | - | - |
Other non-cash (income) expense | |||||||||||
3,000 | -16,000 | 3,000 | -5,000 | -6,000 | 22,000 | 18,000 | -4,000 | 3,000 | 5,000 | -2,000 | -1,000 |
Changes in assets and liabilities: | |||||||||||
Accounts and notes receivable | |||||||||||
-73,000 | 127,000 | 64,000 | -25,000 | -154,000 | 54,000 | -34,000 | -6,000 | 111,000 | 116,000 | -215,000 | -63,000 |
Inventories | |||||||||||
-27,000 | 105,000 | 61,000 | -54,000 | -58,000 | 56,000 | -64,000 | 30,000 | 79,000 | 7,000 | -184,000 | -68,000 |
Prepaid expenses and other current assets | |||||||||||
-18,000 | 27,000 | 14,000 | -1,000 | -16,000 | -2,000 | -5,000 | -26,000 | 17,000 | 18,000 | -1,000 | 29,000 |
Accounts payable and accrued liabilities | |||||||||||
-75,000 | 122,000 | 91,000 | -27,000 | -75,000 | -29,000 | -18,000 | 100,000 | 23,000 | 47,000 | -43,000 | -11,000 |
Income taxes payable | |||||||||||
-6,000 | 7,000 | -2,000 | -4,000 | -19,000 | 15,000 | -29,000 | -13,000 | 1,000 | 7,000 | -15,000 | 8,000 |
Other liabilities | |||||||||||
-37,000 | 12,000 | -16,000 | 5,000 | -12,000 | -14,000 | -11,000 | -38,000 | -12,000 | -7,000 | -26,000 | -22,000 |
Cash dividends received from equity affiliates | |||||||||||
2,000 | 9,000 | 11,000 | 9,000 | 14,000 | 25,000 | 8,000 | 6,000 | 4,000 | 6,000 | -1,000 | -2,000 |
Other | |||||||||||
- | - | - | - | - | -4,000 | 2,000 | -18,000 | -1,000 | 4,000 | 4,000 | 1,000 |
Cash provided (used) by operating activities | |||||||||||
363,000 | 298,000 | 348,000 | 392,000 | 499,000 | 315,000 | 419,000 | 415,000 | 195,000 | 249,000 | 399,000 | 124,000 |
Cash Flows from Investing Activities: | |||||||||||
Additions to property, plant and equipment | |||||||||||
224,000 | 229,000 | 147,000 | 112,000 | 141,000 | 171,000 | 264,000 | 281,000 | 230,000 | 108,000 | 106,000 | 199,000 |
Proceeds from sale of business | |||||||||||
135,000 | - | - | - | - | - | - | 181,000 | - | - | - | - |
Investment in equity affiliate | |||||||||||
- | - | - | - | - | - | - | - | 2,000 | - | 3,000 | - |
Acquisition of business | |||||||||||
3,000 | 64,000 | - | - | - | 73,000 | - | 1,104,000 | - | 5,000 | - | - |
Proceeds from the sale of land | |||||||||||
- | 39,000 | - | 16,000 | - | - | - | - | - | - | - | - |
Proceeds from sales of investments | |||||||||||
- | 11,000 | - | - | - | - | - | - | - | - | - | - |
Proceeds from notes receivable from sale of business | |||||||||||
- | - | - | - | - | 20,000 | - | 23,000 | - | - | - | - |
Receipts from notes receivable from sale of business (Note D) | |||||||||||
- | - | - | - | - | 215,000 | 39,000 | - | - | - | - | - |
Acquisition of interest in equity affiliate | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -7,000 |
Proceeds from sales of property, plant and equipment | |||||||||||
- | - | - | - | - | - | - | 2,000 | 6,000 | 6,000 | 2,000 | 18,000 |
Change in assets held for rent | |||||||||||
- | - | - | 8,000 | 21,000 | 7,000 | 2,000 | 1,000 | 6,000 | -2,000 | - | - |
Other | |||||||||||
2,000 | 3,000 | 2,000 | - | - | - | - | - | - | - | - | - |
Decrease (increase) in assets held for rent | |||||||||||
- | - | - | - | - | - | - | - | - | - | -2,000 | 2,000 |
Cash provided (used) by investing activities | |||||||||||
-94,000 | -246,000 | -149,000 | -104,000 | -162,000 | -16,000 | -227,000 | -1,180,000 | -232,000 | -112,000 | -105,000 | -176,000 |
Cash Flows from Financing Activities: | |||||||||||
Borrowings under financing arrangements | |||||||||||
29,000 | - | 1,000 | - | - | 13,000 | 6,000 | 84,000 | 71,000 | 37,000 | 25,000 | 126,000 |
Repayments under financing arrangements | |||||||||||
29,000 | 4,000 | 3,000 | 3,000 | 3,000 | 17,000 | 33,000 | 88,000 | 45,000 | 31,000 | 69,000 | 130,000 |
Increase (decrease) in short-term borrowings, net | |||||||||||
- | -4,000 | 2,000 | - | - | - | - | - | - | - | -16,000 | 14,000 |
Settlement of derivatives | |||||||||||
- | - | - | - | - | - | 31,000 | - | - | 7,000 | - | - |
Increase in notes payable, net | |||||||||||
- | - | - | - | - | -4,000 | -12,000 | -42,000 | 30,000 | -8,000 | - | - |
Proceeds from issuance (repayments) of commercial paper, net | |||||||||||
-216,000 | 249,000 | - | -12,000 | -18,000 | -211,000 | 241,000 | - | - | - | - | - |
Proceeds from long-term debt | |||||||||||
352,000 | 90,000 | - | 248,000 | - | 17,000 | 117,000 | 911,000 | - | - | 312,000 | 110,000 |
Repayments of long-term debt | |||||||||||
75,000 | 251,000 | 2,000 | 301,000 | 57,000 | 23,000 | 442,000 | 172,000 | 21,000 | 6,000 | 321,000 | 13,000 |
Repayments of redeemable preferred stock | |||||||||||
25,000 | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from cash contributions received from noncontrolling stockholders | |||||||||||
- | - | - | - | - | - | 13,000 | 4,000 | - | - | - | 8,000 |
Purchases of common stock | |||||||||||
173,000 | 142,000 | 61,000 | 45,000 | 101,000 | 18,000 | 6,000 | 36,000 | 59,000 | 5,000 | 2,000 | 35,000 |
Proceeds from sales of common stock | |||||||||||
4,000 | 22,000 | 21,000 | 10,000 | 4,000 | 14,000 | 9,000 | 10,000 | 11,000 | 9,000 | - | 1,000 |
Tax benefit from stock based compensation awards | |||||||||||
- | - | - | - | 2,000 | - | - | - | - | - | - | - |
Cash dividends paid to noncontrolling interests | |||||||||||
23,000 | 21,000 | 14,000 | 16,000 | 27,000 | 19,000 | 17,000 | 16,000 | 12,000 | 6,000 | 9,000 | 18,000 |
Cash dividends paid to common stockholders | |||||||||||
80,000 | 80,000 | 77,000 | 65,000 | 56,000 | 54,000 | 51,000 | 49,000 | 47,000 | 47,000 | 48,000 | 47,000 |
Proceeds from restricted stock loan payments | |||||||||||
- | - | - | - | - | - | - | - | - | - | 1,000 | 7,000 |
Cash provided (used) by financing activities | |||||||||||
-236,000 | -141,000 | -133,000 | -184,000 | -256,000 | -302,000 | -206,000 | 606,000 | -72,000 | -57,000 | -127,000 | 23,000 |
Effects of exchange rate changes on cash | |||||||||||
-39,000 | -16,000 | 14,000 | 19,000 | -71,000 | -25,000 | -11,000 | -7,000 | 8,000 | 3,000 | 8,000 | 4,000 |
Increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||
-6,000 | -105,000 | 80,000 | 123,000 | 10,000 | -28,000 | -25,000 | -166,000 | -101,000 | 83,000 | 175,000 | -25,000 |
Income taxes paid | |||||||||||
99,000 | 84,000 | 69,000 | 66,000 | 78,000 | 53,000 | 84,000 | 73,000 | 64,000 | 43,000 | 30,000 | 41,000 |
Interest paid | |||||||||||
47,000 | 47,000 | 48,000 | 51,000 | 42,000 | 47,000 | 51,000 | 39,000 | 34,000 | 28,000 | 24,000 | 34,000 |
Non-cash additions to property, plant and equipment | |||||||||||
- | - | - | - | - | - | - | 4,000 | 14,000 | - | - | - |
Restricted stock issued for notes receivable, net of forfeitures | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 8,000 |