Clearwater paper corp (CLW)
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 Income (Loss) Attributable to Parent

900

-5,600

-195,365

-149,948

-142,600

-143,800

124,890

91,309

92,385

97,300

25,758

25,796

38,623

49,554

51,776

73,939

68,672

55,983

17,171

360

-2,784

-2,315

107,794

114,858

114,063

106,955

43,945

49,692

59,523

64,131

55,781

45,362

37,796

39,674

0

0

0

Adjustments to reconcile net income to net cash flows provided by (used in) operating activities:
Depreciation and amortization

117,800

115,600

112,557

105,909

102,533

101,900

101,218

101,732

102,610

105,000

104,637

101,528

97,497

91,090

87,809

86,266

84,874

84,732

86,450

87,539

88,922

90,145

89,227

89,114

90,352

90,272

88,440

85,459

81,936

79,333

78,302

78,672

77,812

76,933

0

0

0

Stock-based compensation expense

4,800

4,100

3,414

5,027

3,319

3,300

0

0

0

-

-

-

10,230

12,385

11,888

10,254

5,560

4,557

6,084

7,899

9,480

12,790

12,403

12,289

10,654

10,960

9,780

11,653

13,408

9,703

10,698

8,765

7,260

8,134

0

0

0

(Decrease) increase in accrued property, plant and equipment

-

-

-

-

-

-

0

0

0

-

-

-

5,108

328

3,871

-2,826

-4,455

5,202

7,521

12,286

12,110

6,187

-8,493

-12,266

-7,787

-4,085

0

0

0

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,227

5,149

4,259

4,259

0

0

0

0

-

-

-

-

-

-

-

-

Deferred tax expense

600

-300

-2,853

9,631

8,240

7,100

-51,272

-45,842

-45,215

-40,600

20,600

17,544

18,337

18,327

40,813

27,235

21,776

16,081

-11,485

1,476

11,310

13,813

28,202

24,870

19,416

5,629

-10,065

-9,294

-11,620

12,870

15,723

16,904

24,652

14,777

0

0

0

Employee benefit plans

0

-

-

-

0

-

-

-

-

-5,100

-4,478

-1,601

-1,378

-1,979

389

-988

813

3,011

2,634

2,574

2,036

2,115

3,933

6,012

8,326

10,131

10,470

10,424

10,377

9,366

17,342

16,767

16,182

16,897

0

0

0

Gain on divested assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred issuance costs on debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

963

928

991

5,638

5,844

6,141

6,338

1,896

1,895

4,964

4,992

4,906

4,993

2,010

0

0

0

-

-

-

-

Non-cash additions to plant, property, and equipment

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal of plant and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,522

-1,492

-1,321

-809

-500

-959

-2,205

-1,915

-1,922

-1,493

-537

-502

-1,550

-2,003

0

0

0

-

-

-

-

Other non-cash activity, net

4,000

2,500

2,140

298

252

1,500

2,110

2,238

2,893

2,900

0

0

0

-

-

-

121

-1,020

646

651

-1,318

-328

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Accounts Receivable

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in working capital, net

-

-

-

-

-

-

0

0

-24,094

-

-36,339

-33,674

-4,997

3,462

-3,415

27,862

-1,836

-14,841

-16,413

-2,243

3,135

12,248

28,259

-43,601

10,810

15,022

-9,894

5,145

-35,641

-61,281

1,957

36,559

73,357

86,012

0

0

0

(Increase) decrease in taxes receivable, net

-

-

-

-

-

-14,000

-7,803

3,331

14,734

10,600

6,944

4,736

3,433

-5,142

7,634

744

679

13,596

-2,609

-6,840

-4,980

-9,248

-5,771

-2,070

-6,301

-10,325

-3,538

-4,903

-3,227

10,828

-464

1,656

14,508

-354

0

0

0

Increase (Decrease) in Inventories

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Other Current Assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Accounts Payable, Trade

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Employee Related Liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Other Accrued Liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from equity-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,433

3,204

2,323

1,207

864

0

0

0

-

-

-

-

15,837

0

0

0

-

-

-

-

Increase (Decrease) in Accrued Taxes Payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,736

-5,329

-5,860

960

4,741

4,617

5,386

2,453

0

0

0

Funding of qualified pension plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,179

4,177

11,245

14,202

16,955

18,396

19,306

16,338

15,050

15,613

9,735

8,128

20,627

20,323

19,523

19,523

12,498

0

0

0

Other, net

-100

3,000

1,747

2,172

2,403

-1,000

-183

-82

-2,202

300

-2,446

-1,731

420

-1,687

-1,082

-1,866

-1,803

-2,722

-1,276

-2,089

-2,227

-1,343

-2,056

-304

-365

439

837

1,098

-866

1,053

2,029

-2,863

3,200

3,195

0

0

0

Net cash provided by operating activities

97,100

55,600

31,566

72,734

108,640

168,900

147,623

185,989

164,022

178,700

186,044

179,935

169,267

172,751

191,003

168,180

180,645

159,675

144,724

132,097

131,882

139,100

146,748

209,298

158,113

136,357

129,650

132,365

173,764

198,693

156,675

111,803

68,257

68,395

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Change in short-term investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,000

-49,750

10,000

1,000

-48,000

-20,000

-89,000

-21,000

-26,000

50,000

52,000

60,000

60,000

-35,001

-48,001

-72,000

-115,095

-71,094

0

0

0

Additions to plant and equipment

79,000

140,100

247,460

325,519

318,870

295,700

237,084

192,591

205,883

199,700

186,485

183,664

166,641

155,349

155,955

130,758

134,617

128,902

117,460

115,954

102,029

93,028

90,222

91,792

87,361

90,593

102,811

134,270

181,726

203,776

202,183

170,689

152,098

134,069

0

0

0

Net proceeds from divested assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

604

829

863

1,021

975

733

619

460

0

0

0

0

-

-

-

-

-

-

-

-

Payments for (Proceeds from) Other Investing Activities

-

-

-

-

-

-800

-954

-1,290

-1,300

-900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for investing activities

-79,000

-140,100

-247,483

-254,622

-247,938

-224,000

-165,200

-191,301

-204,583

-198,800

-253,139

-250,654

-233,680

-222,506

-145,938

-70,661

-123,519

-78,548

-18,891

-8,351

54,732

35,687

-489

-70,173

-60,901

-140,593

-164,075

-203,534

-249,955

-177,004

-140,321

-84,828

-24,177

-50,149

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Purchase of treasury stock

-

-

-

-

-

-

-

-

-

4,900

18,674

35,034

42,541

65,327

67,213

98,010

90,503

99,990

84,305

62,826

107,816

100,000

124,217

114,338

79,166

100,000

85,078

71,165

68,816

18,650

0

0

0

-

-

-

-

Borrowings of short-term debt

347,400

549,300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of short-term debt

507,500

657,700

886,261

768,697

690,175

565,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Long-term Debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term debt, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

275,000

275,000

275,000

275,000

0

0

0

0

-

-

-

-

Repayment of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150,000

150,000

150,000

150,000

0

0

15,215

15,215

15,595

0

0

0

Proceeds from Lines of Credit

-

-

-

-

-

-

-

-

-

-

0

0

1,241,672

-

944,844

477,169

123,287

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Lines of Credit

-

-

-

-

-

-

-

-

-

-

0

0

1,117,677

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,837

4,834

4,781

4,725

2

0

0

0

-

-

-

-

Payment, Tax Withholding, Share-based Payment Arrangement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,147

4,152

3,860

3,779

3,779

1,523

1,450

3,428

3,428

4,831

4,442

2,464

2,466

13,234

13,867

13,867

13,893

2,400

0

0

0

Excess tax benefits from equity-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,433

3,204

2,323

1,207

864

0

0

0

-

-

-

-

15,837

0

0

0

-

-

-

-

Other, net

-500

-400

-977

-1,004

-735

-400

-1,126

-829

-775

-1,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

0

0

0

Net cash (used for) provided by financing activities

29,100

82,000

146,516

171,863

140,865

63,300

88,749

51,046

37,600

13,800

75,242

69,843

78,180

67,146

-58,151

-99,589

-84,694

-102,848

-125,994

-134,762

-180,860

-171,131

-153,610

-117,824

-82,708

15,332

35,790

55,134

61,185

-17,549

-18,069

-44,642

-38,937

-29,096

0

0

0

Increase (decrease) in cash, cash equivalents and restricted cash

47,200

-2,500

-69,401

-10,025

1,567

8,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property acquired under capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,687

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest, net of amounts capitalized

42,500

38,400

37,440

28,233

27,273

26,100

27,682

28,084

27,609

28,100

27,317

27,632

27,237

26,690

27,006

27,283

27,726

28,195

28,429

29,151

42,570

34,418

47,777

39,368

39,369

36,147

40,508

29,958

33,052

30,086

33,658

37,834

43,503

43,595

0

0

0

Income Taxes Paid, Net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

361

0

0

0

Cash and Cash Equivalents, Period Increase (Decrease)

-

-

-

-

-

-

-

-

-

-

8,147

-876

13,767

17,391

-13,086

-2,070

-27,568

-21,721

-161

-11,016

5,754

3,656

-7,351

21,301

14,504

11,096

1,365

-16,035

-15,006

4,140

-1,507

-17,261

5,452

-10,489

0

0

0

Cash paid for income taxes

-

-

-

-

-

3,700

1,998

1,888

2,636

2,700

3,972

9,099

17,119

17,655

33,013

38,704

34,073

35,849

19,541

10,670

8,360

6,851

7,052

5,387

3,298

3,256

3,379

9,359

16,650

18,719

20,780

19,056

35,577

43,085

0

0

0

Cash received from income tax refunds

-

-

-

-

-

14,300

15,095

15,231

3,922

7,600

6,734

6,433

6,506

11,289

10,972

11,010

12,388

2,533

3,475

9,726

8,213

11,867

11,253

4,951

5,079

1,577

1,433

1,409

2,251

2,220

6,133

6,133

5,256

33,808

0

0

0

Increase in accrued plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0