Coca-cola consolidated, inc. (COKE)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'18Dec'17Oct'17Jul'17Apr'17Jan'17Sep'16Jun'16Mar'16Jan'16Sep'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)

39,739

18,560

1,028

12,432

-7,172

-15,156

91,412

83,373

93,702

102,847

44,894

51,536

61,279

56,663

39,455

41,461

53,058

-

63,377

49,523

35,934

36,082

28,352

32,730

29,534

32,102

39,138

32,269

32,033

31,459

30,794

30,565

30,649

32,023

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation expense from property, plant and equipment and financing leases

154,706

156,886

160,105

161,160

162,909

164,502

165,267

162,750

159,007

150,422

140,411

132,041

121,237

111,613

101,696

92,004

84,394

-

72,338

67,146

62,976

60,397

59,041

58,694

58,268

58,338

58,748

59,216

60,179

61,168

61,933

62,431

62,405

61,686

0

0

0

Amortization of intangible assets and deferred proceeds, net

22,997

23,030

23,071

23,017

22,899

22,754

23,777

22,951

22,073

18,419

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value adjustment of acquisition related contingent consideration

79,454

92,788

89,200

68,078

47,999

28,767

-18,330

-21,182

-14,206

3,226

-4,830

-6,970

-6,815

-1,910

26,633

37,990

15,638

-

4,080

88

6,166

1,077

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of property, plant and equipment

-5,135

-6,498

-6,454

-6,825

-7,005

-7,103

-7,195

-6,812

-5,634

-4,492

-4,432

-3,511

-3,285

-2,892

-2,469

-2,175

-1,403

-

-1,125

-1,164

-1,138

-677

-541

-771

-857

-46

98

522

512

-633

-609

-488

-349

-547

0

0

0

Amortization of intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,235

-

2,466

1,915

1,242

733

460

365

332

333

354

374

396

416

415

414

413

432

0

0

0

Deferred income taxes

13,342

3,987

4,717

29,976

21,315

9,366

-23,467

-49,479

-58,010

-58,111

12,692

19,500

32,525

42,942

19,406

10,386

5,288

-

76

2,261

4,040

4,220

-7,986

-10,088

-9,941

-10,017

2,353

5,518

6,313

7,138

10,949

9,924

8,020

7,888

0

0

0

Stock compensation expense

-45

2,000

3,100

5,900

6,893

5,600

5,949

5,045

6,614

7,922

9,182

8,835

7,587

7,154

6,071

7,216

7,811

-

6,944

5,031

3,805

3,542

3,290

3,187

3,169

2,919

2,481

2,560

2,599

2,623

2,721

2,281

2,301

2,342

0

0

0

Amortization of debt costs

1,148

1,313

1,406

1,499

1,586

1,477

1,379

1,275

1,090

1,082

1,151

1,226

1,548

1,855

2,030

2,181

2,082

-

1,991

1,976

1,964

1,938

1,918

1,920

1,924

1,933

1,969

2,059

2,151

2,242

2,312

2,343

2,339

2,330

0

0

0

Proceeds from Territory Conversion Fee

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred gains related to terminated interest rate agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-974

-1,145

-1,229

-1,227

-1,224

-1,221

0

0

0

Change in current assets less current liabilities

16,977

31,681

-39,771

89,102

-16,593

26,387

101,126

26,338

104,198

-259

45,322

2,351

-3,480

39,909

15,504

15,812

33,290

-

12,342

14,993

21,320

16,331

15,161

10,491

-9,127

-843

8,753

5,151

4,100

288

-2,711

-15,343

4,929

-5,529

0

0

0

Change in other noncurrent assets

-26,228

-15,201

-16,204

-5,745

-3,199

-4,347

3,801

4,102

11,534

17,916

15,342

15,534

16,211

14,564

13,458

9,200

3,373

-

3,280

4,557

4,686

3,195

-124

1,024

1,659

3,170

6,282

4,697

4,715

5,087

3,660

2,918

2,664

4,563

0

0

0

Change in other noncurrent liabilities

-17,218

-7,203

-3,749

-18,558

-20,057

-25,122

-16,116

-4,221

1,172

-1,100

-11,212

-8,434

-8,314

-10,850

-8,154

-12,185

-7,960

-

9,232

12,651

6,589

3,333

-10,661

-4,438

-229

1,569

4,225

947

-5,892

-16,261

-7,138

-12,405

-13,744

2,652

0

0

0

Other

-289

148

450

470

443

19

29

45

78

78

54

43

12

25

48

44

51

-

-699

-711

-719

-570

-5

-3

8

13

12

14

7

-1

2

13

8

5

0

0

0

Total adjustments

277,324

271,810

346,404

187,791

262,393

184,035

40,009

102,714

16,850

204,969

191,401

228,233

232,451

105,332

124,477

95,058

41,810

-

51,041

63,591

61,482

55,821

43,017

50,352

73,318

64,272

54,651

59,790

55,727

51,713

69,625

76,687

53,274

77,627

0

0

0

Net cash provided by operating activities

317,063

290,370

347,432

200,223

255,221

168,879

131,421

186,087

110,552

307,816

236,295

279,769

293,730

161,995

163,932

136,519

94,868

-

114,418

113,114

97,416

91,903

71,369

83,082

102,852

96,374

93,789

92,059

87,760

83,172

100,419

107,252

83,923

109,650

0

0

0

Cash Flows from Investing Activities:
Additions to property, plant and equipment

175,152

171,374

121,878

110,537

125,502

138,235

174,752

182,273

177,069

176,601

162,940

172,568

177,381

172,586

184,064

186,372

169,830

-

127,429

104,470

97,392

84,364

77,592

65,326

58,863

61,432

62,927

61,594

59,258

53,271

47,305

45,786

48,050

53,156

0

0

0

Other distribution agreements

0

4,654

0

0

0

-

-

-

-

15,598

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in CONA Services LLC

2,120

1,713

1,713

564

1,514

2,098

3,737

4,634

4,551

3,615

2,635

2,242

6,805

7,875

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of property, plant and equipment

5,041

4,064

2,732

3,035

3,046

5,259

3,670

3,271

3,291

608

1,232

1,174

1,152

1,072

1,950

2,029

1,904

-

763

784

861

1,701

1,292

1,528

2,792

6,136

6,209

6,217

4,940

701

1,768

1,872

1,813

1,772

0

0

0

Acquisition of distribution territories and manufacturing plants, net of cash acquired and purchase price settlements

-

-

-

-

-

-

-

-

-

265,060

325,835

325,701

311,688

272,637

193,041

194,628

138,727

-

82,164

80,701

74,977

41,588

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-172,231

-173,677

-139,984

-130,086

-137,495

-143,945

-157,041

-219,471

-302,060

-458,895

-553,874

-506,535

-510,320

-452,026

-392,869

-369,743

-291,995

-

-182,470

-184,387

-171,508

-124,251

-88,463

-75,961

-56,071

-55,296

-56,718

-55,377

-54,318

-49,570

-42,537

-40,914

-42,737

-50,884

0

0

0

Cash Flows from Financing Activities:
Payments on revolving credit facility

593,000

550,339

537,339

372,339

368,339

483,000

477,000

500,000

440,000

393,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

85,000

65,000

30,000

10,000

0

0

0

0

-

-

-

-

Borrowings under revolving credit facility

569,000

515,339

402,339

372,339

317,339

356,000

400,000

400,000

498,000

448,000

433,000

338,000

390,000

410,000

375,000

405,000

392,000

-

375,624

355,624

238,624

191,624

90,000

80,000

50,000

60,000

85,000

85,000

75,000

30,000

0

0

0

-

-

-

-

Payments on term loan facility

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,000

0

0

0

-

-

-

-

Proceeds from issuance of senior notes

-

-

-

-

-

150,000

150,000

150,000

150,000

125,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of acquisition related contingent consideration

31,397

27,182

25,155

26,256

25,038

24,683

0

0

0

-

-

-

-

13,550

12,104

11,176

8,998

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

9,405

9,400

9,412

9,411

9,406

9,400

9,347

9,337

9,333

9,328

9,322

9,317

9,312

9,307

9,303

9,298

9,293

-

9,282

9,276

9,271

9,266

9,260

9,256

9,250

9,245

9,240

9,234

9,229

9,224

9,219

9,214

9,209

9,203

0

0

0

Payments on financing or capital lease obligations

8,027

8,656

8,471

8,288

8,282

8,221

8,082

7,984

7,710

7,485

7,378

7,270

7,165

7,063

6,945

6,785

6,662

6,555

6,408

6,272

6,109

5,939

5,801

5,660

5,481

5,307

5,148

4,994

4,915

4,682

4,424

4,195

3,940

3,839

0

0

0

Debt issuance fees

283

420

305

261

1,529

1,531

0

0

290

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-940

-4,141

-4,151

-3,396

-

-1,217

-1,251

-1,103

-1,077

-220

-215

-149

-147

-142

-138

-138

-136

-140

-115

-115

-183

0

0

0

Net cash provided by financing activities

-105,581

-120,627

-210,796

-84,169

-117,708

-28,288

23,035

9,594

168,047

146,131

275,284

220,957

215,930

256,383

242,663

238,746

208,564

-

85,476

92,200

76,481

29,682

14,878

-9,972

-39,897

-39,716

-124,449

-89,285

-79,201

-113,961

-13,770

-14,179

-13,919

-13,880

0

0

0

Net increase (decrease) in cash during period

39,251

-3,934

-3,348

-14,032

18

-3,354

-2,585

-23,790

-23,461

-4,948

-42,295

-5,809

-660

-33,648

13,726

5,522

11,437

-

17,424

20,927

2,389

-2,666

-2,216

-2,851

6,884

1,362

-87,378

-52,603

-45,759

-80,359

44,112

52,159

27,267

44,886

0

0

0

Significant noncash investing and financing activities:
Right-of-use assets obtained in exchange for lease obligations

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations incurred

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,632

0

0

0

Additions to property, plant and equipment accrued and recorded in accounts payable, trade

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

18,145

-

12,761

13,300

7,725

9,185

8,053

7,535

10,139

7,175

0

0

0

-

-

-

-

-

-

-

-

Class B Common Stock
Issuance of Class B Common Stock in connection with stock award

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

2,225

1,763

1,763

1,763

1,763

1,298

1,298

1,298

1,298

1,421

1,421

1,421

1,421

1,327

0

0

0