Donnelley Financial Solutions, Inc. DFIN Cash Flow

Donnelley financial solutions, inc. (DFIN)

CashFlow / Quarterly

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
OPERATING ACTIVITIES
Net earnings (loss)
4,100	7,000	14,700	17,300	-1,400	-1,000	48,000	18,900	7,700	-23,700	5,300	18,800	9,300	-800	10,200	36,300	13,400
Adjustments to reconcile net earnings (loss) to net cash used in operating activities:
Depreciation and amortization
12,400	12,800	12,700	12,000	12,100	12,700	11,600	11,100	10,400	12,800	10,600	10,900	10,200	13,200	9,800	10,800	9,500
Provision for expected losses on accounts receivable
1,600	-100	100	2,200	1,000	400	1,000	2,500	1,000	-400	700	1,800	1,800	1,400	300	1,200	200
Share-based compensation
2,300	1,200	2,600	3,600	1,500	2,000	2,100	3,300	1,800	1,600	1,700	2,400	1,100	1,300	200	700	300
Gain on debt extinguishment
2,300	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-500	4,100	3,200	-2,000	-2,800	4,100	4,700	1,100	600	15,100	500	-1,000	-2,200	-4,900	-300	-400	-300
Net pension plan income
-500	3,300	-500	-500	-500	-800	-800	-800	-800	-800	-800	-900	-800	-600	-200	0	-200
Amortization of right-of-use assets
5,800	-	-	-	5,700	-	-	-	-	-	-	-	-	-	-	-	-
Other
100	26,100	-4,700	-20,300	2,000	2,900	1,100	-1,200	-500	4,500	-500	-800	-400	-300	-700	0	0
Changes in operating assets and liabilities - net of acquisitions:
Accounts receivable, net
55,700	-40,600	-58,800	27,100	63,600	-45,500	-31,300	36,700	65,400	-54,600	-53,000	22,900	66,700	-11,500	-42,300	44,100	52,800
Inventories
4,200	-2,600	700	-1,800	2,700	-1,100	-2,100	-1,000	5,800	-200	-2,500	-1,500	3,400	-1,000	1,800	-1,800	2,900
Prepaid expenses and other current assets
4,700	-1,700	-1,800	-2,300	3,200	1,300	-1,700	-1,000	200	1,500	700	-3,100	4,400	1,100	-200	6,000	500
Accounts payable
12,500	8,700	-28,400	-17,800	23,900	7,300	-9,900	-7,000	20,300	-6,600	-9,400	-17,300	15,000	24,400	13,700	-300	4,500
Income taxes payable and receivable
2,100	-9,800	2,000	6,100	-11,300	-8,000	13,300	3,300	600	1,700	-5,100	1,100	7,700	-3,000	-200	-100	-300
Accrued liabilities and other
-4,000	13,700	6,900	-10,800	-23,300	-5,700	22,300	4,800	-23,100	4,100	14,700	1,700	-6,100	5,500	15,600	10,100	-13,500
Lease liabilities
5,900	-	-	-	5,500	-	-	-	-	-	-	-	-	-	-	-	-
Pension and other postretirement benefits plan contributions
200	200	400	200	200	200	200	300	1,200	500	200	1,400	100	0	0	0	1,100
Net cash used in operating activities
-37,100	58,700	61,100	3,000	-68,300	55,900	60,600	3,400	-53,600	57,700	73,100	-1,200	-38,200	49,200	90,400	10,100	-43,700
Capital expenditures
6,900	9,700	8,900	11,100	15,100	14,300	7,200	9,200	6,400	7,800	8,000	7,700	4,300	12,200	1,700	3,800	8,500
Acquisition of business, net of cash acquired
0	1,900	0	400	2,200	12,500	0	0	0	-	-	-	-	-	-	-	-
(Purchase) sale of investment
1,300	-	-	-	0	-	-	-	-	0	0	0	3,400	0	3,500	0	0
Other investing activities
0	-	-	100	-200	-	-	0	0	100	-100	0	-200	100	-2,100	4,000	-2,400
Net cash used in investing activities
-8,200	-2,800	19,300	-11,600	-17,100	-27,200	73,000	-9,200	-6,400	-7,900	-7,900	-7,700	-7,500	-12,300	-3,100	-7,800	-6,100
FINANCING ACTIVITIES
Revolving facility borrowings
146,500	102,500	76,000	158,500	178,500	105,000	48,500	118,500	88,000	68,500	56,000	117,000	57,000	0	0	0	0
Payments on revolving facility borrowings
40,500	102,500	131,500	151,500	130,000	105,000	75,500	111,500	68,000	68,500	61,000	132,000	37,000	0	0	0	0
Payments on long-term debt
63,300	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the issuance of common stock
-	-	-	-	-	0	0	0	1,200	0	0	18,800	0	-	-	-	-
Treasury share repurchases
5,200	500	0	100	1,200	700	0	0	800	0	900	0	0	-	-	-	-
Debt issuance costs
0	0	0	0	200	1,200	0	0	0	600	0	0	1,500	0	9,300	0	0
Net transfers related to the Separation
-	-	-	-	-	-	-	-	-	-	-	-100	3,100	-	-	0	0
Net change in short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-15,700	6,900
Net transfers from Parent and affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,800	39,700
Other financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-400	200	200
Net cash provided by financing activities
37,500	-73,000	-55,500	6,900	47,100	-36,900	-89,500	7,000	20,400	-30,500	-41,500	4,700	21,600	-53,900	-67,200	14,300	46,800
Effect of exchange rate on cash and cash equivalents
-1,700	-100	0	700	1,500	-700	300	-1,500	-300	500	400	0	200	200	-1,000	2,300	2,900
Net decrease in cash and cash equivalents
-9,500	-17,200	24,900	-1,000	-36,800	-8,900	44,400	-300	-39,900	19,800	24,100	-4,200	-23,900	-16,800	19,100	18,900	-100
Supplemental cash flow information
Income taxes paid (net of refunds)
2,000	1,300	6,100	3,800	13,800	2,500	1,500	3,900	2,200	-	-	-	-	-	-	-	-
Interest paid
2,600	12,900	2,500	15,000	1,500	14,700	2,100	15,600	2,200	-	-	-	-	-	-	-	-