CARLISLE COMPANIES INCORPORATED CSL Cash Flow

Carlisle companies incorporated (CSL)

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
Operating activities:
Net income
455,200	472,800	458,300	420,100	380,900	611,100	638,100	624,700	613,300	365,500	326,600	230,500	243,400	250,100	255,700	369,100	348,800	319,700	290,800	274,600	254,900	251,300	268,100	257,300	190,300	209,700	187,800	180,800	265,400	270,200	261,000	245,100	206,900	180,300	173,900	170,800	154,700	145,600	0	0	0
Reconciliation of net income to net cash provided by operating activities:
Depreciation
91,700	88,400	87,400	86,400	85,000	86,400	88,000	88,500	88,000	84,900	80,700	78,400	76,300	75,100	0	0	0	-	-	69,300	66,800	64,700	63,700	67,400	70,700	75,400	78,000	77,000	76,500	74,600	72,600	68,600	68,000	68,100	65,300	65,100	62,700	58,800	0	0	0
Amortization
121,400	117,000	111,500	106,900	103,700	104,200	103,600	98,800	93,300	84,200	75,800	71,100	66,800	62,700	0	0	0	-	-	46,200	39,900	39,300	36,100	36,900	39,100	38,500	38,300	35,300	31,200	30,300	29,300	26,300	23,900	19,900	17,400	16,100	14,700	13,100	0	0	0
Lease expense
28,500	27,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
32,000	26,100	25,300	21,800	23,900	23,900	19,100	19,300	16,800	13,200	12,400	9,900	-2,200	-2,600	-1,400	-100	3,000	2,700	-6,000	-6,500	1,600	3,300	12,000	10,700	9,700	11,900	12,900	13,100	11,900	8,500	8,600	12,200	11,700	12,500	11,300	9,100	12,200	12,000	0	0	0
Loss on extinguishment of debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of property and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,600	4,100	2,500	1,300	-1,600	-2,200	-2,200	-2,100	-2,100	-1,800	-2,600	-1,800	13,300	13,100	14,000	17,500	0	0	0
Tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Deferred taxes
-7,100	-8,900	-6,500	-7,800	-2,600	-800	-52,600	-51,100	-56,400	-58,500	0	0	0	-	-	-	-	-15,800	-6,900	-10,300	-12,800	-9,900	-22,800	-13,600	-46,400	-61,700	-48,800	-55,800	-23,400	-13,800	-2,400	-2,100	-1,600	1,800	12,700	14,200	8,400	7,500	0	0	0
Gain on sale of discontinued operations, net of tax
-	-	-	-	-	250,400	251,000	247,600	247,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating activities, net
-3,300	-5,400	13,900	1,500	7,600	18,800	-8,000	3,400	-10,000	-13,900	-21,900	-3,400	6,400	6,000	24,700	3,100	-1,500	1,300	-200	3,500	5,200	2,400	0	0	0	-	-100	1,800	-1,400	-200	0	0	0	-	-400	100	900	600	0	0	0
Foreign exchange gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-300	-1,000	-100	0	0	0	-	-	-	0	-	-	-	700	1,800	0	0	0
Changes in assets and liabilities, excluding effects of acquisitions:
Receivables
-15,700	25,700	-7,100	57,600	77,400	54,500	105,800	81,200	46,600	53,900	61,500	47,100	32,500	-300	-3,000	-9,700	900	11,800	-26,100	24,600	18,100	18,100	53,700	8,500	-31,000	-8,400	-7,000	-41,400	-81,800	-21,000	1,700	32,500	118,600	71,400	103,100	125,800	61,700	71,700	0	0	0
Inventories
48,200	1,900	-23,800	-24,800	-8,200	29,000	64,500	70,000	70,500	48,500	37,500	31,600	26,000	12,200	-8,900	-17,300	-24,400	-23,000	-3,900	10,500	23,800	27,700	58,700	37,900	11,900	-35,600	-71,300	-71,600	-40,900	-26,500	20,500	66,500	55,400	75,800	46,300	44,000	60,100	56,300	0	0	0
Contract assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
-9,300	3,600	-7,100	-21,700	-6,100	2,000	22,400	23,300	11,900	20,100	8,800	6,900	12,100	9,200	-7,100	-3,500	-4,700	-6,700	2,500	-400	9,000	5,500	-7,900	-6,800	-19,200	-11,100	-28,000	-30,900	-37,300	-48,800	-14,500	-18,800	-1,100	-7,300	0	0	0	-	-	-	-
Accounts payable
-30,000	16,500	18,900	-34,800	-13,300	-39,500	-6,000	37,300	38,700	42,700	39,600	32,000	25,700	21,600	-9,000	17,000	-8,900	-2,900	-13,500	-32,900	-8,600	-5,100	22,600	23,800	11,100	-20,600	-12,200	-40,600	-49,900	-15,700	-18,300	24,200	72,600	50,900	0	0	0	-	-	-	-
Accrued and other current liabilities
-22,700	5,200	-21,100	-56,100	-90,300	-99,900	-85,500	-63,700	26,600	20,600	37,700	10,400	-6,000	23,100	10,800	11,400	71,900	62,900	75,900	85,200	16,800	14,500	-5,200	25,900	24,700	12,600	7,900	-25,700	-17,800	14,900	36,100	29,600	19,700	-11,000	0	0	0	-	-	-	-
Contract liabilities
22,600	18,500	13,100	10,300	11,300	11,800	15,700	14,900	14,800	19,300	19,700	20,700	14,000	11,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other long-term liabilities
-40,500	-34,200	-23,900	-19,500	-6,200	-3,300	-4,500	-7,200	-4,000	-4,600	-3,100	200	-3,200	100	-1,200	-1,800	3,500	1,200	-9,700	-14,900	-8,300	-8,500	4,900	3,900	-2,600	900	2,300	10,700	9,500	9,900	11,300	11,400	12,600	8,900	1,600	2,500	1,000	-300	0	0	0
Net cash provided by operating activities
646,500	703,100	726,100	539,100	415,800	339,200	261,700	321,200	460,000	458,700	475,700	486,000	454,100	531,200	531,400	560,300	588,700	529,200	484,100	374,300	294,100	295,900	263,900	365,600	428,000	414,700	478,200	451,100	475,600	485,900	395,500	331,800	239,800	191,200	163,900	100,600	124,000	107,400	0	0	0
Investing activities:
Acquisitions, net of cash acquired
416,800	616,400	287,700	272,200	220,800	19,500	673,800	727,700	709,200	934,300	362,400	308,300	403,200	185,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	314,300	0	0	0	-	-	-	-	-	-	-	-
Capital expenditures
88,400	88,900	81,200	94,800	101,500	120,700	150,200	160,700	172,000	159,900	137,300	129,000	120,500	108,800	100,700	84,200	71,700	72,100	74,400	88,700	113,800	118,800	126,200	125,300	108,100	110,800	124,400	129,200	145,200	140,400	124,800	106,400	84,700	79,600	66,300	66,800	73,100	64,600	0	0	0
Proceeds from sale of discontinued operation
-	-	-	-	-	758,000	758,000	754,600	754,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities, net
-10,400	-10,400	-2,200	-6,800	-8,700	-11,400	-11,100	-5,500	-3,500	100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	7,900	15,300	12,600	11,900	0	0	0	-	-	-	-	3,500	4,700	5,200	4,500	9,100	0	0	0
Proceeds from sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,800	0	0	0	-	-	-	-	-59,800	0	0	0
Net cash used in investing activities
-494,800	-694,900	-366,700	-356,800	-310,200	629,200	-54,900	-128,300	-123,100	-1,094,300	-499,400	-436,400	-522,800	-293,400	-202,900	-208,200	-678,600	-670,800	-864,600	-858,800	-293,700	-297,800	260,400	268,700	273,500	270,100	-382,300	-393,500	-405,500	-428,500	-429,800	-517,800	-496,600	-463,500	-469,500	-362,800	-372,700	-339,300	0	0	0
Financing activities:
Repayments of revolving credit facility
-	-	-	-	-	-	-	-	-	1,189,000	306,000	153,000	50,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in short-term borrowings and revolving credit lines
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-168,300	-293,200	-359,300	-357,400	54,600	191,700	248,700	346,900	0	0	0	-	-	-	-
Proceeds from notes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of notes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings from revolving credit facility
0	-	-	-	0	-	-	-	-	1,189,000	491,000	263,000	50,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
345,600	382,100	396,500	456,200	494,900	459,800	297,400	354,100	390,400	268,400	280,100	184,100	46,500	75,000	140,600	145,300	156,900	137,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of Hawk bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59,000	0	0	0	-	-	-	-
Dividends paid
107,900	102,900	98,300	94,100	93,700	93,500	92,800	91,900	92,500	92,100	91,700	91,300	87,700	84,500	81,400	78,200	75,100	72,300	68,900	65,500	63,700	61,200	59,000	56,900	55,100	53,700	52,600	51,100	49,600	48,000	46,300	44,900	44,200	43,500	42,800	42,000	41,300	40,600	0	0	0
Financing costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
36,900	37,000	27,700	38,200	31,600	22,700	26,600	9,900	8,500	8,400	6,300	12,100	45,500	48,400	50,400	47,900	34,800	39,400	65,000	62,200	40,400	42,500	16,700	19,300	26,000	19,500	24,400	32,100	40,700	38,800	31,400	20,100	18,200	13,800	14,600	14,600	5,700	7,400	0	0	0
Withholding tax paid related to stock-based compensation
13,500	10,400	10,100	9,800	8,800	10,100	11,100	11,100	7,200	9,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities, net
-3,000	-2,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash used in financing activities
524,900	-461,200	-479,900	-522,000	-565,800	-540,700	429,200	431,700	507,300	627,200	-183,900	-306,700	-245,700	-261,100	-326,400	-180,300	-200,100	-173,000	-66,200	-40,500	-33,600	-20,200	-49,400	-44,800	-37,000	-41,500	149,500	33,800	-22,200	-20,600	37,900	165,100	220,900	256,400	271,300	260,100	262,700	223,800	0	0	0
Effect of foreign currency exchange rate changes on cash and cash equivalents
-5,500	600	-1,900	-700	-2,300	-1,100	-500	600	3,500	2,700	-200	-1,000	-2,100	-2,100	-1,100	-3,100	-3,900	-5,500	0	0	0	-	-	-	-	-1,300	-100	0	-800	1,000	1,700	-1,400	600	1,200	1,300	4,600	3,600	1,200	0	0	0
Change in cash and cash equivalents
671,100	-452,400	-122,400	-340,400	-462,500	426,600	635,500	625,200	847,700	-5,700	-207,800	-258,100	-316,500	-25,400	1,000	168,700	-293,900	-320,100	-450,700	-527,800	-35,300	-23,700	472,700	588,800	663,700	642,000	245,300	91,400	47,100	37,800	5,300	-22,300	-35,300	-14,700	-33,000	2,500	17,600	-6,900	0	0	0
Less: change in cash and cash equivalents of discontinued operations
-	-	-	-	-	1,300	3,900	6,000	6,900	1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-