Core-Mark Holding Company, Inc. CORE Cash Flow

Core-mark holding company, inc. (CORE)

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
Cash flows from operating activities:
Net income
60,700	57,700	53,600	54,800	48,100	45,500	44,200	34,200	30,100	33,500	41,400	41,200	50,600	54,200	53,200	54,800	51,700	51,500	48,400	47,000	45,800	42,700	43,100	41,700	41,400	41,600	36,300	34,500	32,900	33,900	29,400	30,900	29,300	26,200	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
LIFO and inventory provisions
28,700	27,700	26,800	27,200	26,900	25,900	27,200	25,600	23,100	21,300	17,800	15,700	14,000	13,200	2,800	2,300	3,000	2,000	11,800	15,100	15,700	16,000	13,200	9,000	8,600	8,700	10,100	11,700	12,100	12,100	16,500	17,700	18,300	18,200	0	0	0
Amortization of debt issuance costs
800	800	800	800	800	800	800	800	800	800	800	700	600	500	400	300	300	300	300	300	300	300	300	400	400	400	400	400	400	400	400	400	500	500	0	0	0
Stock-based compensation expense
9,700	9,600	9,000	7,900	8,200	8,200	7,900	7,100	5,800	5,000	4,100	4,800	5,300	6,100	7,500	8,300	8,700	8,700	8,500	7,300	6,700	6,100	4,900	4,700	4,600	4,600	5,700	5,800	5,700	5,800	5,500	5,700	5,600	5,500	0	0	0
Credit loss expense, net
5,800	7,100	7,200	6,200	6,400	3,600	2,000	2,100	1,300	1,100	1,300	1,400	1,700	2,000	1,800	1,500	1,200	1,300	2,000	2,300	2,400	2,200	1,700	1,400	1,400	1,100	1,400	1,800	1,700	2,000	2,100	2,000	2,000	2,000	0	0	0
Impairment charge and other
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposals
100	0	-100	-300	-400	-600	-200	0	100	400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
61,200	60,900	60,800	60,800	60,000	59,500	59,300	59,700	57,200	54,400	51,300	47,400	45,400	42,900	40,800	39,300	38,800	37,900	36,900	35,300	33,500	32,000	30,400	28,900	27,800	27,200	26,500	26,000	25,600	25,300	25,300	24,400	23,600	22,400	0	0	0
Foreign currency losses, net
-800	-800	1,000	-300	1,200	1,800	400	1,000	1,600	1,800	2,500	1,800	400	500	-600	-800	-700	-1,800	-1,400	-500	-500	-100	-200	-500	-400	-800	-700	-600	-700	-200	0	-1,400	-1,000	-500	0	0	0
Deferred income taxes
-3,600	-4,700	-1,600	-1,100	-700	-100	1,900	2,000	2,000	2,000	6,900	8,100	7,900	8,400	12,800	10,400	10,400	8,900	-4,800	-3,700	-3,700	-3,000	0	0	0	-	-	-	-	-	-	-	-1,400	-2,000	0	0	0
Changes in operating assets and liabilities:
Accounts receivable, net
-1,400	5,200	10,800	22,900	-32,800	-29,000	-25,900	13,300	36,500	32,700	59,300	28,400	-9,800	59,200	43,400	64,700	85,500	28,100	14,600	20,600	12,600	13,800	18,800	-7,800	100	9,600	-3,800	9,100	-400	-7,100	15,500	29,000	30,700	20,000	0	0	0
Other receivables, net
19,900	6,200	15,200	24,600	-3,000	-4,300	300	-2,500	-7,400	-8,000	-8,400	-10,200	26,800	37,000	44,800	36,300	9,100	8,900	3,800	9,900	10,700	3,000	4,500	-100	1,000	5,600	6,400	4,600	8,600	10,600	5,300	9,500	100	-1,900	0	0	0
Inventories, net
288,100	5,000	248,000	112,400	-85,700	34,400	53,700	-37,100	139,800	70,500	108,800	78,200	67,600	180,400	126,700	31,200	98,300	-1,500	31,300	135,900	18,600	50,600	9,800	2,000	43,900	35,400	60,000	21,200	26,900	-5,300	9,000	-32,800	-13,400	78,000	0	0	0
Deposits, prepayments and other non-current assets
7,000	42,900	53,200	-15,800	12,300	-23,600	-700	46,300	-17,600	16,900	-45,100	7,100	11,900	22,800	39,500	49,500	25,500	25,900	1,900	-18,300	13,700	-5,700	21,900	7,300	3,900	16,500	-1,200	15,200	-1,400	-5,000	-4,400	3,400	9,400	12,400	0	0	0
Accounts payable
41,000	-8,600	56,000	38,400	26,900	31,000	45,900	39,100	57,400	50,200	68,400	25,300	-54,500	-11,000	-44,200	9,700	60,900	4,000	19,300	19,400	26,800	20,600	8,200	-1,600	19,900	16,000	21,400	25,600	2,600	600	3,600	8,800	13,200	30,000	0	0	0
Cigarette and tobacco taxes payable
37,900	-20,000	8,300	200	-7,400	-2,300	-8,200	-14,100	-8,600	40,700	6,300	44,500	49,300	65,500	60,200	47,200	44,700	13,800	16,900	16,300	1,900	9,100	12,000	6,700	16,600	19,900	2,600	9,600	-6,100	-10,300	-5,900	-18,200	7,000	7,500	0	0	0
Claims, accrued and other long-term liabilities
17,400	17,700	15,200	21,000	7,700	17,800	5,800	2,200	3,300	-18,300	-14,900	-22,400	-16,200	18,800	33,000	41,200	43,400	9,000	15,300	400	700	4,900	7,700	-900	2,900	3,900	2,200	3,500	-2,000	-5,400	1,700	7,200	-400	9,000	0	0	0
Excess tax deductions associated with stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	2,700	2,700	2,200	2,400	3,500	4,000	2,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-53,000	89,700	-92,000	72,700	285,300	211,200	176,400	154,900	36,600	93,600	69,200	65,100	10,900	-98,000	-86,600	33,000	44,300	77,200	102,900	-11,400	71,000	66,500	69,400	90,300	76,400	59,100	41,600	69,200	39,800	71,200	52,100	69,000	71,900	11,300	0	0	0
Cash flows from investing activities:
Acquisition of business, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,000	9,000	9,000	8,900	1,000	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-2,400	-	-2,000	-1,500	300	900	800	500	400	2,000	900	800	-1,800	-2,000	-4,100	-5,400	-300	100	0	0	0
Additions to property and equipment, net
22,700	22,800	20,500	20,100	18,300	20,100	19,100	26,600	41,400	48,200	53,800	62,300	59,200	54,300	50,100	38,700	36,400	30,300	54,500	53,500	51,600	53,900	29,100	26,100	21,300	18,000	21,100	21,900	24,600	28,400	33,200	31,400	28,200	24,000	0	0	0
Capitalization of software and related development costs
5,400	6,000	3,700	2,900	2,900	2,000	2,600	2,800	4,200	4,400	6,000	7,800	6,200	7,700	6,300	7,500	9,000	8,700	9,600	8,100	7,000	5,300	3,600	1,500	600	400	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of property and equipment, net
100	300	300	400	400	200	0	0	0	-	-	-	-	-	-	-	-	300	300	300	300	0	0	0	0	-	-	-	-	-	0	0	0	-	0	0	0
Net cash used in investing activities
-30,500	-31,000	-26,400	-25,100	-23,300	-24,400	-24,100	-198,400	-214,600	-221,600	-229,300	-74,800	-153,700	-150,400	-148,600	-134,100	-48,500	-47,700	-70,800	-68,800	-67,500	-61,100	-35,300	-31,700	-26,000	-24,000	-58,100	-57,100	-57,200	-60,600	-28,600	-25,400	-78,700	-75,100	0	0	0
Cash flows from financing activities:
Borrowings under revolving credit facility
1,841,600	1,692,600	1,828,400	1,763,600	1,647,500	1,769,900	1,710,800	1,959,900	1,908,000	1,708,600	1,747,800	1,423,000	1,564,100	1,638,700	1,382,500	1,719,700	1,329,400	936,200	1,224,500	578,000	479,700	488,300	-9,900	-42,300	-24,300	-27,300	37,900	-700	24,000	11,300	0	0	0	-	-	-	-
Repayments under revolving credit facility
1,690,100	1,687,800	1,690,400	1,792,900	1,906,000	1,938,100	1,834,800	1,840,400	1,710,000	1,556,400	1,535,700	1,422,400	1,357,100	1,349,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Payments on finance leases
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of financing costs
-	-	-	-	-	-	-	-	-	1,800	2,300	2,500	3,400	2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of finance leases
-	-	-	-	-	3,000	2,600	2,400	2,300	2,100	2,100	2,200	2,300	2,400	2,500	2,400	2,300	2,300	2,000	2,000	2,000	1,700	1,600	1,300	1,100	1,000	400	300	200	0	0	0	0	-	-	-	-
Dividends paid
21,200	20,700	20,200	19,800	19,400	18,900	18,500	18,100	17,600	17,200	16,800	16,400	15,900	15,500	15,000	14,200	13,500	12,800	12,100	11,700	11,200	10,700	10,300	10,000	9,700	7,100	8,900	8,600	8,300	10,300	7,800	5,800	3,900	1,900	0	0	0
Repurchases of common stock
27,400	22,000	11,100	8,000	12,700	15,500	13,300	11,900	7,200	4,400	5,300	5,400	7,200	8,900	7,400	6,700	7,900	9,200	11,700	11,000	8,000	8,000	6,800	6,400	6,700	7,200	10,200	8,300	8,000	5,200	1,700	14,300	19,700	19,000	0	0	0
Proceeds from exercise of common stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	500	1,300	1,700	2,100	1,900	1,400	2,300	2,400	2,800	3,900	4,000	3,800	4,100	3,000	4,000	5,400	0	0	0
Tax withholdings related to net share settlements of restricted stock units
2,500	2,200	2,300	2,400	2,300	1,700	1,700	1,500	1,600	3,700	3,600	3,800	3,900	5,400	5,500	5,400	5,300	3,300	3,500	3,900	4,000	1,700	2,400	2,400	2,600	3,600	3,200	3,200	3,100	2,000	1,900	1,700	1,800	1,700	0	0	0
Excess tax deductions associated with stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	2,900	3,000	2,700	2,700	2,200	2,400	3,500	4,000	2,800	2,700	1,900	1,800	2,100	1,800	2,000	1,800	1,100	1,200	800	1,400	1,700	0	0	0
Increase (Decrease) in book overdrafts
-9,900	-25,500	5,900	14,300	7,100	4,100	-9,500	-49,400	11,600	7,400	2,400	53,400	-2,700	8,700	14,900	11,400	7,300	100	4,600	5,300	14,400	6,200	900	-4,400	-10,400	-1,800	-300	6,500	9,300	-4,800	-500	1,200	3,700	17,100	0	0	0
Net cash used in financing activities
83,400	-71,200	105,700	-49,000	-289,000	-203,200	-169,600	36,200	180,800	130,400	184,500	24,500	172,400	266,700	242,600	99,800	-5,600	-34,200	-45,100	80,500	-4,100	-1,400	-25,500	-63,200	-50,700	-43,500	19,500	-9,000	19,500	-6,100	-30,200	-45,400	-17,000	62,900	0	0	0
Effects of changes in foreign exchange rates
300	-700	900	1,500	1,300	2,100	-700	-600	-2,500	-2,500	0	-200	1,600	2,400	1,600	300	300	-1,700	-1,800	-1,700	-1,400	-600	-300	400	200	300	-400	-400	-400	-600	-100	-200	-500	0	0	0	0
Change in cash and cash equivalents
200	-13,200	-11,800	100	-25,700	-14,300	-18,000	-7,900	300	-100	24,400	14,600	31,200	20,700	9,000	-1,000	-9,500	-6,400	-14,800	-1,400	-2,000	3,400	8,300	-4,200	-100	-8,100	2,600	2,700	1,700	3,900	-6,800	-2,000	-24,300	-900	0	0	0
Supplemental disclosures:
Cash (paid) received during the period for:
Income taxes, net
-15,700	-18,700	33,400	30,100	10,200	10,100	-39,400	-36,900	-10,700	-16,700	-22,300	-19,400	-27,100	-20,900	20,100	22,800	26,300	26,800	27,700	22,000	25,700	22,000	17,100	20,500	15,700	19,500	23,400	18,700	12,300	11,700	13,400	16,300	12,100	11,800	0	0	0
Interest
11,500	12,000	12,900	12,500	12,900	13,000	11,900	12,000	10,600	9,200	7,900	5,700	5,000	3,700	2,600	1,800	1,500	1,300	1,400	1,200	1,100	1,100	1,000	1,200	1,400	1,500	1,700	1,500	1,600	1,600	1,600	1,900	1,900	2,000	0	0	0
Operating lease liabilities arising from obtaining new right-of-use assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease liabilities arising from obtaining new right-of-use assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash capital lease obligations incurred
-	-	-	-	-	-	-	-	-	-	600	500	300	100	400	400	400	5,400	5,200	6,400	6,400	4,700	4,600	3,600	4,700	1,200	0	0	0	-	-	-	-	-	-	-	-
Unpaid property and equipment purchases included in accrued liabilities
-	-	-	-	-	-	-	-	-	1,600	1,900	5,500	5,300	2,900	4,900	3,200	6,100	5,100	-4,900	3,600	-1,600	1,400	9,400	3,000	5,200	1,900	0	0	0	-	-	-	-	-	-	-	-