Dean Foods Co DF Cash Flow

Dean foods co (DF)

CashFlow / Quarterly

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
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-294,721	-79,393	-64,863	-61,827	-260,351	-26,648	-40,094	-265	52,318	1,382	17,647	-9,759	32,831	14,526	33,371	39,201	18,480	20,233	26,519	-73,740	5,277	-15,972	-645	-8,956	-37,677	415,120	-53,883	495,797	30,552	36,441	56,165	37,883	-10,499	-1,552,034	-53,020	23,382	-22,968	21,957	42,850	40,917
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-88	0	-21,761	24,652	22,385	38,633	66,837	11,424	-	-	-	-	46,662	-1,577	-609	-733
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	757	0	0	-89	-611	0	318	836	-227	-398	-65	491,885	-	-	-	-	-	-	-	-	-673	6,357	0	1,837
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization
39,342	37,832	38,275	37,773	37,817	38,108	40,025	40,077	40,973	43,178	43,298	43,191	45,648	44,861	42,838	45,038	44,909	45,010	47,707	39,258	41,648	40,955	41,448	40,246	42,178	42,264	44,083	45,304	46,414	47,695	28,039	64,600	-23,754	70,556	71,015	72,324	44,114	69,591	66,718	66,816
Share-based compensation expense
-847	-501	1,836	1,895	650	620	4,470	2,155	3,460	902	2,702	3,957	9,107	8,926	5,730	6,067	4,626	4,833	4,013	2,905	5,474	1,552	3,555	1,695	2,185	3,510	10,283	3,311	-3,545	11,139	18,085	3,412	4,540	7,231	9,546	9,105	7,244	9,009	10,195	10,424
Non-cash facility closing and reorganization costs, net
-	-1,205	-133	-284	-	4,872	-42,643	-1,091	-	10	-3,589	-1,161	-99	-6,150	2,580	2,404	-5,342	-1,067	2,567	1,106	1,158	-29	5,196	1,224	1,683	-1,999	1,102	-81	-7,418	47,222	2,774	-12,129	-	-	-	-	-	-	-	-
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,422	3,604	33,915	-	-	-	0	-	-	-	-	-	-	-	-
Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	109,910	20,820	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of financing costs
0	0	0	3,755	0	0	0	0	0	0	0	1,080	0	0	0	0	-	-	-	-	-	-	-	-	0	5,365	0	1,426	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
1,498	694	688	1,955	2,423	1,917	1,699	1,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early retirement of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-43,609	-1,437	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on divestitures and other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,525	-	10,785	749	-621
Deferred income taxes
-570	1,919	-3,611	-3,861	-13,143	-10,255	-17,281	809	-28,658	-4,306	12,290	-4,757	13,844	-5,045	12,282	5,295	7,707	1,752	755	-44,573	6,304	5,426	32,425	18,772	26,432	1,334	-8,203	-8,798	13,246	-20,146	232	29,097	-103,984	-392,606	11,120	-5,383	35,053	72,897	3,765	9,328
Litigation settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,521	-	-	1,019	0	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
552	-1,422	1,912	3,465	-8,206	1,116	2,731	291	-4,271	-6,792	7,121	-4,525	5,137	-9,902	8,455	1,171	-6,060	-3,597	212	220	-4,875	-1,245	-1,317	-517	-1,754	482	-2,361	2,076	-3,622	-286	-1,852	-2,255	-1,513	-27	-123	-9	-	-	-	-
Changes in operating assets and liabilities, net of acquisitions:
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-322
Receivables, net
65,560	-1,225	-67,428	-12,024	-22,991	19,047	-45,570	-38,535	2,358	71,599	-45,799	-22,552	26,409	53,928	-24,960	-54,915	-4,898	43,728	-40,875	-92,234	-29,048	58,312	-51,605	18,972	40,159	-20,522	-82,739	40,910	23,334	52,771	-51,479	-16,912	-67,168	87,216	-11,080	39,902	-46,581	29,298	-3,769	-11,725
Inventories
-18,551	-13,942	-7,282	34,892	-6,640	-14,345	-11,208	8,988	-3,010	-6,149	-9,979	6,424	22,840	-3,713	-15,752	16,059	1,231	7,510	-10,072	2,826	-27,903	9,888	-16,452	23,230	4,254	-15,024	-15,344	26,771	-17,992	24,729	-22,390	18,589	-49,691	-3,387	22,393	41,096	-38,133	16,985	19,091	1,467
Prepaid expenses and other assets
27,377	-8,072	-1,917	4,413	-13,044	1,711	-1,894	-9,048	17,046	3,416	-2,205	-6,632	3,428	-448	1,142	-11,596	10,258	-4,893	-699	-12,814	8,724	-3,171	-8,556	-4,846	2,426	1,277	-4,247	6,197	-5,577	268	92	2,573	32,617	-9,345	-6,008	3,085	-2,148	-5,253	-2,923	3,111
Accounts payable and accrued expenses
212,459	-71,487	-15,623	-17,364	23,790	11,531	-2,141	-41,318	21,706	-11,973	-38,220	-35,033	29,541	21,209	-960	-114,955	1,191	15,797	14,439	-77,951	2,825	7,181	-96,209	44,950	-348	20,775	-96,451	-55,742	17,147	71,719	-16,589	-51,752	8,642	36,712	11,465	11,996	-16,596	68,761	38,801	-73,593
Termination of interest rate swap liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-28,147	-	-	-	-	-	-	-	-	-	-	-	-
Income tax receivable
-	-	-	-	-	-	-	-	-1,780	6,831	-2,044	431	-1,149	8,537	-23,854	18,707	4,063	4,313	-9,255	57,176	-23,881	39,180	-41,916	-22,488	-123,658	-127,086	-222,849	13,885	-78,702	72,100	23,908	-6,789	-4,483	13,189	12,698	21,358	-	-	-	-
Litigation settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-61,325	-	-	-	-	-	-	-	-
Income taxes receivable/payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,284
Net cash provided by (used in) operating activities continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-72,099	-13,540	-153,629	-91,459	17,116	55,611	118,316	13,836	-	-	-	-	111,352	135,807	173,210	70,276
Net cash provided by operating activities discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-88	0	28,220	-14,046	43,674	51,771	191,958	-9,864	-	-	-	-	19,683	8,097	-445	1,238
Net cash provided by (used in) operating activities
67,920	-86,050	42,840	-72,046	33,164	-962	81,807	38,953	78,074	-12,455	51,624	27,556	72,795	59,299	79,089	46,230	86,125	50,257	114,192	157,579	104,875	22,803	-7,531	32,799	-72,187	-13,540	-125,409	-105,505	60,790	107,382	310,274	3,972	192,614	66,775	142,465	37,183	131,035	143,904	172,765	71,514
Cash flows from investing activities:
Payments for property, plant and equipment
23,817	20,602	18,465	26,518	46,687	31,388	20,784	16,508	45,342	26,833	26,179	8,372	63,337	35,553	28,685	17,067	81,913	32,578	28,747	19,304	59,935	35,864	25,587	28,035	84,776	41,395	33,191	15,801	45,629	35,034	3,444	39,785	-36,996	96,658	78,343	40,411	95,365	67,664	66,901	45,992
Proceeds from insurance and other recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,129	0	2,996	-	-	-	-	-	-	-	-
Proceeds from divestitures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-443	93,933	91,780	-	-	-	-
Proceeds from sale of fixed assets
687	668	2,704	1,928	384	6,665	8,239	4,179	1,224	631	1,480	1,001	963	3,031	7,502	3,209	2,673	3,007	11,177	1,638	8,941	1,132	16,184	1,372	1,414	4,255	2,874	1,397	3,595	-671	8,484	1,554	1,373	592	2,878	1,807	4,432	-1,274	2,028	3,053
Other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	790	-	-	-	-	-	-	-	-
Net cash used in investing activities continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-83,362	-37,140	-30,317	-14,404	-41,442	21,563	5,830	-36,025	-	-	-	-	-90,933	-68,938	-64,873	-42,939
Net cash provided by investing activities discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-17,349	1,420,843	-44,812	-30,061	-44,499	-4,732	-	-	-	-	-26,566	24,928	-50	-83
Net cash used in investing activities
-23,130	-19,934	-15,761	-24,590	-46,303	-24,723	-25,869	-12,329	-44,118	-28,202	-55,295	-7,371	-63,256	-32,522	-178,504	-13,858	-81,440	-29,571	-17,570	-17,666	-50,994	-34,732	-9,403	-26,663	-83,362	-37,140	-47,666	1,406,439	-86,254	-8,498	-38,669	-40,757	-107,011	-92,893	18,468	53,176	-117,499	-44,010	-64,923	-43,022
Cash flows from financing activities:
Repayments of debt
538	523	335	438	294	170	415	174	142,205	286	232	600	54	283	482	413	388	428	253	347	170	169	165	164	220	0	-1	1,027,197	1,157,377	51,645	127,902	13,351	-	-	-	-	-	-	-	-
Early retirement of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	476,188	23,812	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premiums paid on early retirement of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	37,309	1,161	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of financing costs
23,084	7,982	1,936	7,625	715	0	0	0	19	3	55	1,709	0	0	0	0	-20	1,745	295	14,796	54	2,126	1,107	0	0	5,622	0	575	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of Dean Foods Company senior secured term loan debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,829	76,702	105,937	-	-	-	-
Repayment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64,196
Proceeds from senior secured revolver
150,800	593,600	408,700	141,401	115,600	50,400	90,700	95,100	113,300	92,700	66,600	54,300	57,100	79,100	118,100	0	4,700	12,000	28,400	315,570	411,552	548,551	615,399	701,795	347,700	185,250	356,500	154,250	807,200	625,900	415,600	633,100	824,650	509,450	849,490	1,090,800	1,131,100	1,045,180	805,100	1,025,300
Payments for senior secured revolver
123,700	438,300	420,100	142,901	96,400	50,300	105,800	91,200	114,900	81,200	69,700	59,000	48,000	92,400	104,800	0	4,700	12,000	42,900	371,371	389,211	552,100	892,830	423,105	297,450	302,250	262,400	396,350	779,100	506,000	443,800	587,600	771,350	859,150	933,290	1,063,900	1,141,100	1,084,680	853,500	989,600
Proceeds from receivables securitization facility
0	45,000	215,000	400,000	610,000	570,000	575,000	665,000	835,000	570,000	585,000	535,000	420,000	395,000	130,000	0	0	0	50,000	635,000	820,000	555,000	780,000	501,000	430,000	90,000	168,000	220,000	844,897	472,287	569,065	797,567	154,616	1,340,000	1,357,000	1,105,000	780,267	790,000	300,000	350,000
Payments for receivables securitization facility
75,000	70,000	230,000	295,000	610,000	540,000	610,000	675,000	725,000	540,000	570,000	525,000	440,000	395,000	70,000	0	0	0	50,000	870,000	880,000	560,000	480,000	714,000	217,000	182,000	76,000	220,000	844,896	613,797	666,005	781,613	317,123	955,000	1,357,000	1,105,000	780,267	790,000	300,000	350,000
Proceeds from issuance of 2023 notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	700,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	25,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of subsidiary's common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,423
Repurchase of subsidiary's common stock
0	0	0	28	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
0	0	0	0	2,700	8,300	8,200	8,200	8,160	8,183	8,179	8,178	8,119	8,167	8,255	8,259	6,398	6,572	6,608	6,604	6,578	6,565	6,546	6,543	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock, net of share repurchases for withholding taxes
-	-	-	-	-	-	-	-	-	-	-	-1,396	55	-129	17	-663	-907	-48	922	17	2,565	343	4,084	869	5,843	8,853	9,538	-753	3,296	1,727	3,666	-2,255	-141	-84	4,428	-580	-	-	-	-
Issuance of common stock, net of share repurchases for withholding taxes
-	2	34	376	-	23	-106	519	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax savings on share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	68	-21	-59	758	156	-13	-18	217	28	48	25	259	-185	1,967	-60	232	211	37	37	286	-	-	-	-	-	-	-	193
Capital contribution from non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,354	2,037	2,913	1,076	2,295	1,361	3,260
Net cash used in financing activities continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-188,555	385,427	195,579	-1,270,393	-1,125,769	-71,491	-249,339	46,134	-	-	-	-	-	-	-	-
Net cash used in financing activities discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-15,084	-36,500	1,135,812	-28,161	-13,150	3,501	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-1,535	121,793	-28,705	95,033	15,530	22,036	-58,629	-15,011	-41,792	33,496	3,598	-6,583	-18,978	-21,900	39,521	-8,577	-7,517	-61,816	-20,752	-125,811	-66,841	-17,018	18,860	35,111	-188,555	385,427	180,495	-1,306,893	10,043	-99,652	-262,489	49,635	-84,998	22,141	-154,037	-76,704	-37,027	-63,984	-90,215	-26,466
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-739	-529	-891	66	-201	-793	-236	-408	-1,059	-436	87	-258	217	-61	-526	371	-75	493	-3,043	3,358	-247	-4,099	302	2,947	-1,849	4,943	-2,453	-1,143
Change in cash and cash equivalents
-	-	-	-1,603	-	-	-	11,613	-	-7,161	-73	13,602	-10,178	4,348	-60,785	23,861	-3,033	-41,923	75,634	13,694	-14,019	-29,383	2,013	40,989	-343,887	334,686	6,894	-5,588	-15,496	-275	6,073	16,208	358	-8,076	7,198	16,602	-25,340	40,853	15,174	883