Cooper tire & rubber co (CTB)
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'11Dec'10Sep'10Jun'10Mar'10
Operating activities:
Net (loss) income

79,822

98,317

45,885

72,309

78,758

80,563

39,005

46,231

76,347

96,745

208,557

196,377

221,903

251,294

240,117

243,289

232,413

215,804

241,988

242,974

227,257

236,822

176,950

125,614

122,456

133,565

190,813

270,223

287,213

252,426

384,069

323,319

279,176

269,603

101,121

129,468

165,192

163,887

0

0

0

Adjustments to reconcile net income (loss) to net cash used in operations:
Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,118

0

0

0

Depreciation and amortization

148,563

148,054

148,469

147,921

148,035

147,161

143,786

143,139

141,903

140,228

139,981

136,841

133,214

130,257

127,748

126,043

123,730

121,408

124,435

128,856

133,751

139,166

140,848

139,008

137,515

134,751

131,944

130,315

128,933

128,916

127,387

124,782

125,345

122,899

123,542

126,958

123,520

123,721

0

0

0

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,629

31,711

35,775

34,826

34,029

-43

-2,393

-1,510

209

-166,939

-167,494

-167,177

-168,690

7,123

4,881

3,934

2,787

0

0

0

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Stock-based compensation

3,883

4,362

3,474

3,560

3,457

3,868

4,165

4,061

4,006

4,009

5,481

6,446

10,101

13,570

15,009

15,944

17,032

14,919

14,912

14,109

10,250

9,047

6,348

6,124

6,591

6,973

8,594

8,826

8,463

8,036

6,975

5,465

4,545

4,133

4,272

5,652

6,737

6,845

0

0

0

Change in LIFO inventory reserve

-5,847

2,548

-1,722

4,360

6,706

-3,026

18,528

8,876

-21,357

2,981

1,003

26,738

56,327

11,990

-11,402

-19,828

-33,313

-53,108

-25,873

-51,655

-53,320

-35,205

-28,842

-28,254

-30,012

-11,411

-65,329

-99,200

-85,464

-63,685

-61,750

-8,058

-6,295

45,352

95,708

88,195

109,543

64,116

0

0

0

Amortization of unrecognized postretirement benefits

35,700

36,446

36,441

36,506

36,583

36,662

38,076

39,461

40,764

42,004

42,255

42,411

42,717

43,058

43,795

44,682

45,383

46,170

43,534

40,973

38,500

35,907

40,164

45,627

48,931

52,283

50,652

47,628

46,749

45,839

43,126

40,518

37,923

35,325

29,920

33,699

33,069

32,522

0

0

0

Loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,838

-4,347

-5,323

-5,280

-2,797

0

0

0

Changes in operating assets and liabilities:
Accounts and notes receivable

-18,474

-8,980

11,358

20,030

2,496

19,729

13,438

25,440

51,147

18,646

68,740

43,152

-19,164

42,530

16,467

38,029

37,038

15,155

-56,277

-31,968

-9,103

64,636

122,131

41,852

14,859

-25,361

-51,261

-38,541

-39,034

-38,180

-35,239

53,119

39,942

27,131

75,772

46,197

49,627

113,197

0

0

0

Inventories

-54,586

-14,355

43,648

17,576

-27,240

-27,438

-18,851

11,434

8,125

31,820

63,623

89,453

150,187

77,872

32,251

12,914

-28,057

-51,864

-29,232

-70,461

-65,013

524

-11,892

-47,646

-73,598

-62,620

-68,826

-17,980

82,968

28,201

-69,841

-80,300

-26

105,583

295,574

317,733

204,841

148,785

0

0

0

Other current assets

-9,583

-15,261

-6,758

-9,534

-1,282

2,080

-283

12,679

19,111

15,648

7,502

-5,483

-2,036

-3,831

-4,474

8,037

3,427

931

18,674

8,756

-5,910

2,162

15,654

17,859

33,327

28,851

16,884

13,817

1,037

8,936

32,809

22,212

7,558

-6,629

-22,579

-8,993

11,872

13,906

0

0

0

Accounts payable

-13,353

9,809

1,654

25,867

323

10,646

904

-20,637

-11,812

-31,217

-25,863

-16,972

15,155

13,128

-3,849

-14,812

-32,383

-42,068

-15,597

-18,696

-8,241

67,734

54,811

23,289

868

-81,603

-119,685

-89,753

-54,551

37,939

-7,171

-62,386

-2,614

-58,048

48,657

84,004

38,069

78,477

0

0

0

Accrued liabilities

-32,703

-4,517

9,117

-8,877

-20,815

7,635

75

-5,185

-2,434

-12,226

-63,375

-50,537

-57,221

-22,286

2,179

15,000

1,298

25,712

18,913

18,922

24,663

25,943

4,105

21,086

2,083

4,639

46,045

36,028

50,164

60,318

52,413

1,959

57

773

4,494

22,058

9,498

-11,491

0

0

0

Other items

-21,896

-4,946

-24,835

6,259

30,342

21,298

13,698

-8,652

-12,075

5,972

24,309

23,984

20,286

-20,168

55,156

47,775

50,766

85,342

60,019

59,161

60,593

40,933

52,949

59,937

69,816

59,981

60,936

43,716

-2,940

16,821

-40,910

-57,809

-25,906

2,583

37,140

73,855

59,751

7,823

0

0

0

Net cash provided by discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,014

0

0

0

Net cash used in operating activities

272,636

290,593

206,368

233,778

235,194

254,303

243,723

182,231

168,295

177,624

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

490,299

320,314

249,199

125,517

34,638

72,966

163,492

174,691

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

316,020

304,307

354,336

356,037

338,634

319,084

247,253

296,267

278,854

272,375

0

0

0

-

-

-

-

-

-

-

-

157,677

0

0

0

Investing activities:
Additions to property, plant and equipment and capitalized software

197,682

202,722

205,133

200,894

193,444

193,299

198,093

205,142

212,306

197,186

191,583

179,761

183,873

175,437

180,864

179,425

171,012

182,544

161,516

157,507

152,967

145,041

157,162

163,503

170,873

180,448

199,271

202,544

199,621

187,336

157,597

150,175

156,565

155,406

165,984

157,790

140,177

119,738

0

0

0

Acquisition of business, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,380

0

0

0

-

-

-

-

Acquisition of assets in Serbia

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,534

0

0

0

-

-

-

-

-

-

-

-

Proceeds from the sale of assets

146

119

6

49

65

160

396

395

400

278

48

49

328

337

427

427

318

1,651

1,714

2,423

2,501

1,248

0

0

0

-

-

-

-

-

-

-

-

3,450

4,737

5,656

5,868

2,498

0

0

0

Net cash used in investing activities

-246,537

-251,604

-254,128

-249,846

-193,379

-193,139

-197,697

-204,747

-211,906

-196,908

-197,463

-185,640

-189,473

-181,028

-180,437

-178,998

-170,694

-180,893

10,909

15,627

20,245

26,918

-155,882

-162,857

-170,050

-179,725

-198,695

-201,908

-198,823

-205,072

-175,377

-168,090

-175,099

-169,336

-178,627

-169,514

-151,689

-117,240

0

0

0

Financing activities:
Issuances of short-term debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net issuances of short-term debt

19,596

15,288

15,419

33,453

44,806

39,450

71,969

52,034

52,209

40,957

4,271

18,860

997

10,019

-2,817

-6,949

-8,050

-41,303

-147,157

8,890

10,986

55,447

158,422

-23,098

-10,653

-11,915

9,440

125,796

93,848

99,805

98,552

-955

11,085

23,590

-4,159

20,938

19,330

12,974

0

0

0

Issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,634

15,634

20,584

24,588

24,527

24,574

19,593

16,135

10,089

10,224

20,005

29,319

30,017

0

0

0

-

-

-

-

Repayment of long-term debt and finance lease obligations

179,048

177,251

1,388

1,371

1,383

1,395

3,024

2,834

2,438

2,421

935

935

1,127

935

600

2,017

2,667

3,125

25,477

24,820

32,086

35,715

18,868

26,849

28,398

24,162

18,899

14,849

11,019

22,013

0

0

0

-

-

-

-

19,752

0

0

0

Acquisition of noncontrolling shareholder interest

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of financing fees

-

-

-

-

-

1,230

1,230

1,230

1,230

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

-

-

-

-

-

30,183

50,853

81,656

88,634

90,868

95,711

92,436

100,972

107,999

108,507

102,905

121,295

108,821

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of employee taxes withheld from share-based awards

1,128

1,376

1,380

1,375

1,378

2,111

2,440

2,467

2,464

7,002

6,669

7,291

7,307

2,948

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions by noncontrolling shareholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,750

0

0

0

Acquisition of noncontrolling shareholder interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

116,500

116,500

116,500

116,500

17,920

0

0

0

Payment of dividends to Cooper Tire & Rubber Company stockholders

21,083

21,068

21,057

21,044

21,066

21,138

21,246

21,456

21,705

21,914

22,134

22,325

22,554

22,828

23,124

23,414

23,637

23,880

24,104

24,256

24,942

25,538

26,086

26,640

26,615

26,604

26,573

26,480

26,375

26,273

26,190

26,168

26,156

26,127

26,048

25,962

25,868

25,770

0

0

0

Issuance of common shares related to stock-based compensation

409

232

0

0

0

-

-

-

-

4,224

4,508

4,703

4,216

3,950

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits on stock-based compensation

-

-

-

-

-

-

0

0

0

-

-

-

-

274

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common shares and excess tax benefits on options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,005

18,284

19,781

3,230

3,459

2,231

499

1,438

5,655

10,256

9,857

8,963

5,239

482

1,856

4,470

9,232

10,957

10,931

10,308

0

0

0

Net cash provided by (used in) financing activities

194,350

-4,662

-22,862

-52,636

-46,472

-75,778

-95,651

-99,983

-106,110

-119,770

-116,855

-100,110

-127,416

-121,271

-134,783

-132,232

-154,463

-160,660

-269,279

-289,777

-243,826

-194,755

-70,009

-56,423

-50,369

-46,506

-48,201

-95,003

-120,730

-132,605

-134,618

-48,982

-7,208

-138,061

-114,803

-146,341

-162,431

-70,995

0

0

0

Effects of exchange rate changes on cash

735

552

-300

-189

-1,903

554

2,135

2,447

5,790

7,111

3,442

-170

-7,162

-11,178

-9,357

-13,326

-6,012

-9,249

-7,512

-466

-1,852

2,674

4,611

5,496

5,337

-230

-69

-99

-3,885

1,564

643

-429

2,267

2,231

1,945

1,495

1,613

-78

0

0

0

Net change in cash, cash equivalents and restricted cash

221,184

34,879

-70,922

-68,893

-6,560

-14,060

-47,490

-120,052

-143,931

-131,943

-208,414

-125,663

-81,069

1,190

26,116

4,041

-15,149

-46,495

88,454

81,421

113,201

153,921

25,973

82,483

63,772

45,914

38,293

3,652

14,528

118,107

180,947

102,813

69,159

-179,649

-256,847

-241,394

-149,015

-13,622

0

0

0