FRESH DEL MONTE PRODUCE INC FDP Cash Flow

Fresh del monte produce inc (FDP)

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	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 (Loss), Including Portion Attributable to Noncontrolling Interest
13,000	-25,100	18,200	39,000	37,200	-32,300	-21,200	-5,600	43,200	-6,700	10,500	69,800	45,600	10,500	36,200	97,700	81,200	-73,600	29,900	65,900	44,200	-400	20,700	65,400	58,900	-143,100	5,400	62,000	41,800	-1,200	24,900	58,500	62,800	-10,900	12,900	36,800	56,000	-10,700	13,400	21,200	36,900
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
23,600	25,200	24,200	24,100	24,400	28,000	28,200	23,300	21,000	19,700	20,200	20,100	19,900	20,900	19,600	19,000	19,000	18,700	17,800	17,800	18,100	18,900	18,300	18,100	18,000	17,900	17,300	17,200	17,500	17,900	17,000	17,300	17,800	18,400	18,300	17,900	18,900	19,500	19,500	19,800	19,900
Amortization of debt issuance costs
100	200	300	200	300	200	200	200	100	200	100	100	100	200	100	100	100	200	100	100	100	100	100	100	100	100	100	100	100	200	200	400	400	400	1,700	700	600	600	600	600	500
Share-based compensation expense
2,600	1,400	900	1,900	4,200	2,700	1,800	2,400	4,600	2,700	2,900	2,900	3,600	2,100	14,900	3,200	4,700	5,600	4,800	2,800	3,600	2,600	4,300	2,300	3,200	1,900	2,900	2,200	2,900	1,700	3,300	2,000	3,300	1,800	3,400	1,500	2,500	1,400	1,600	2,500	2,000
Asset impairment, net
900	100	4,700	500	2,800	3,500	13,300	18,300	0	1,500	0	1,900	300	-2,500	5,400	3,100	0	700	1,000	0	1,400	1,900	0	0	300	11,800	-1,100	11,400	0	-	-	-	-	7,400	600	8,500	200	12,900	2,400	22,400	1,000
Gain on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,300	3,000	0	0	0	-	-	-	-	-	-	-	-
Change in uncertain tax positions
-	-	-	-	-	100	0	0	-100	900	0	-100	-100	-900	600	0	-100	500	200	0	-100	500	-100	-100	-100	6,400	-500	-400	-2,200	-14,000	0	13,900	-6,900	8,900	-100	-8,000	3,900	-	-	-	-
Gain on disposal of property, plant and equipment
200	2,500	6,900	5,700	3,500	1,200	0	5,700	200	-4,200	300	100	800	-5,100	-700	8,900	-3,100	-400	300	1,000	1,200	-4,700	200	100	100	-5,200	-200	200	300	-2,400	2,100	1,900	-1,400	600	1,700	900	-100	1,300	4,500	3,100	300
Equity loss of unconsolidated companies
-100	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	100	1,200	100	-100	-500	-100	0	-500	-100	-100	-800	0	100
Deferred income taxes
-200	-1,000	-1,400	600	7,000	-200	2,200	800	800	-500	1,900	4,900	-4,700	-2,100	-5,200	600	-1,500	-300	1,200	500	-500	6,800	3,500	600	-6,200	4,200	200	-2,100	2,200	1,200	-300	2,900	-3,300	-9,400	-3,800	1,700	300	2,900	-3,600	-6,700	4,100
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	100	200	0	100	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
800	-10,000	2,600	900	300	4,700	-800	4,200	-2,400	-2,200	-1,200	-4,500	-1,700	6,000	-700	3,400	-1,600	1,400	2,600	-1,800	4,100	2,700	4,100	-2,100	-300	2,300	-4,000	2,500	1,600	-1,000	-1,900	1,200	-1,900	-500	-2,600	5,100	-1,700	-4,400	-5,200	6,700	2,100
Changes in operating assets and liabilities
Receivables
46,800	5,800	-48,500	-24,400	45,000	23,600	-43,500	-42,700	65,000	23,700	-35,000	4,800	23,400	6,400	-2,900	-24,100	14,800	18,300	-57,000	-1,400	49,800	23,700	-69,000	18,900	46,600	21,500	-37,800	10,000	51,400	18,300	-42,600	-30,100	52,700	26,200	-71,700	-27,100	51,100	42,700	-60,100	-28,000	41,400
Inventories
12,300	17,500	4,400	-39,400	9,400	20,700	33,700	-55,200	3,600	33,400	50,400	-44,600	10,200	27,300	41,900	-67,000	9,600	1,100	35,400	-73,600	16,900	18,100	36,500	-69,900	7,100	37,300	24,700	-37,900	26,500	55,300	33,700	-53,100	14,700	28,200	46,100	-49,400	-3,400	11,700	12,500	-78,500	23,200
Prepaid expenses and other current assets
2,000	-5,000	-1,400	2,700	-4,300	-5,800	2,000	9,200	2,200	-11,400	-2,600	5,800	-1,600	-2,800	-5,600	5,400	-4,600	-8,500	2,600	1,800	100	2,200	1,300	9,200	-800	-5,700	3,100	7,400	-300	-10,200	1,600	10,700	-5,200	500	6,200	-3,600	-200	-10,800	-900	-1,500	7,900
Accounts payable and accrued expenses
25,900	35,200	-14,800	-50,300	-23,400	8,000	70,200	42,900	10,200	29,800	-15,300	7,300	5,200	2,100	31,100	-17,600	5,500	-7,800	-6,700	1,700	20,400	-2,200	-21,800	18,200	23,300	-200	-700	4,300	24,000	-15,800	-19,600	11,400	17,800	-2,700	-56,900	43,000	30,500	-27,300	-3,600	-18,100	40,600
Other noncurrent assets and liabilities
1,700	-14,300	3,000	-1,700	5,800	700	-5,000	300	9,900	-1,200	-1,800	4,600	6,000	-1,400	-2,200	3,000	1,100	500	4,500	-3,300	1,600	-2,000	1,700	-4,300	5,100	-9,200	7,000	-4,600	1,200	-3,000	-2,600	2,900	-3,600	800	-8,600	9,700	-1,100	200	-500	6,700	3,300
Net cash provided by operating activities
2,200	39,000	65,100	72,200	-7,200	-24,000	108,300	160,800	1,500	10,000	10,300	140,900	33,000	3,500	71,700	176,500	92,900	-1,000	58,700	166,000	13,500	-12,400	50,300	152,900	39,900	-48,600	31,800	117,900	7,600	-56,900	35,600	156,800	37,100	-53,100	5,200	175,400	68,200	-42,400	80,800	132,300	26,700
Investing activities:
Capital expenditures
16,600	28,800	23,300	36,000	34,200	31,400	37,300	39,100	42,700	35,700	30,900	36,300	35,600	48,300	31,100	33,200	34,100	41,600	37,500	27,300	25,200	30,100	37,100	31,200	50,700	69,600	32,600	24,500	32,800	17,200	28,400	21,300	12,800	16,700	20,300	21,200	21,200	22,800	19,200	14,300	14,500
Investments in unconsolidated companies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	11,000	0	-	-	-	-	-	-	-	-
Proceeds from sales of property, plant and equipment
400	21,400	20,000	23,400	4,600	8,300	900	7,700	500	700	1,100	1,800	1,100	1,400	3,600	7,000	400	800	300	2,900	2,900	400	400	400	400	1,500	7,600	700	600	1,000	2,800	3,100	2,900	800	2,800	700	400	3,500	6,600	3,800	2,100
Other investing activities
100	-	0	700	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	100	7,700	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of businesses, net of cash aquired
-	-	-	-	-	-	-	-	371,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of investment by an unconsolidated company
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,200
Net cash used in investing activities
-16,100	-7,400	-3,300	-11,900	-29,600	-8,800	-34,900	-37,200	-413,900	-35,000	-29,800	-34,500	-34,500	-48,800	-27,500	-33,300	-33,700	-40,800	-37,200	-24,400	-22,300	-42,400	-36,700	-30,800	-50,300	-88,700	-25,000	-23,700	-24,500	-7,900	-25,600	-29,000	-9,900	-15,900	-17,500	-20,500	-20,800	-19,300	-12,600	-10,500	-8,200
Financing activities:
Proceeds from debt
271,900	51,600	97,500	260,900	326,400	226,800	239,900	58,400	578,000	232,900	236,400	152,800	178,100	262,800	108,500	100,300	150,300	168,100	138,300	36,800	244,400	253,600	120,900	94,300	160,000	262,300	126,500	137,000	168,700	173,100	161,200	100,400	70,600	220,700	181,900	62,800	117,500	192,200	108,100	143,600	137,600
Payments on debt
257,900	56,800	145,300	321,200	290,800	191,900	299,700	168,300	138,700	157,700	178,300	193,900	143,400	170,500	161,300	188,400	128,200	131,700	134,900	169,800	170,200	125,200	162,200	195,600	129,500	108,900	148,000	162,000	148,300	74,000	175,400	228,500	115,500	117,900	157,000	200,200	188,400	100,000	124,600	238,700	149,500
Distributions to noncontrolling interests, net
-800	-2,400	-600	-800	-1,000	-300	-600	-600	-1,200	-600	-400	100	-3,700	300	-400	-100	0	-	-	-	-	0	0	5,100	-100	0	0	0	3,600	0	2,000	1,500	3,500	0	0	-2,000	-1,100	0	1,900	600	900
Proceeds from stock options exercised
0	0	800	100	200	0	0	100	700	200	1,300	0	100	1,500	6,500	3,700	500	2,700	12,900	2,300	17,400	14,100	27,100	4,900	2,800	2,900	21,500	6,800	12,800	3,500	2,100	3,700	800	1,000	900	13,900	7,000	1,400	600	0	200
Share-based awards settled in cash for taxes
400	1,200	800	500	400	800	1,000	200	200	0	1,800	3,800	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
4,800	3,800	2,900	0	0	7,200	7,200	7,300	7,300	7,400	7,500	7,600	7,600	7,700	7,800	6,300	6,400	6,500	6,600	6,600	6,500	7,000	6,700	7,100	7,100	7,000	6,900	7,100	7,200	5,800	5,800	5,800	5,800	5,800	6,000	5,900	0	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	100	200	0	100	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase and retirement of ordinary shares
7,800	0	8,700	9,200	0	0	19,600	1,600	8,200	45,700	24,700	54,100	17,500	39,700	0	2,300	66,400	4,600	28,000	0	84,800	88,700	7,200	15,400	19,800	2,300	1,000	64,300	27,900	12,900	0	0	0	-	-	-	-	29,300	29,100	33,300	16,400
Net cash provided by (used in) financing activities
200	-12,600	-60,000	-71,500	35,200	26,600	-88,200	-119,500	423,100	21,700	25,000	-106,500	6,000	42,300	-64,100	-133,400	-50,200	22,200	-19,100	-137,400	500	46,800	-28,000	-113,800	6,300	147,000	-7,900	-89,600	1,700	83,700	-16,100	-124,700	-46,400	88,800	-18,100	-131,400	-65,000	61,400	-43,100	-127,800	-27,200
Effect of exchange rate changes on cash
1,100	-2,000	-1,700	5,500	2,200	5,000	-2,500	-1,700	1,600	-1,500	0	-1,500	1,400	-100	300	-1,900	1,000	1,900	5,800	1,600	2,800	4,800	4,200	600	200	2,200	900	300	1,200	-3,600	-1,300	1,400	-200	300	2,100	-3,600	3,700	-1,400	-800	1,100	5,600
Net (decrease) increase in cash and cash equivalents
-12,600	17,000	100	-5,700	600	-1,200	-17,300	2,400	12,300	-4,800	5,500	-1,600	5,900	-3,100	-19,600	7,900	10,000	-17,700	8,200	5,800	-5,500	-3,200	-10,200	8,900	-3,900	11,900	-200	4,900	-14,000	15,300	-7,400	4,500	-19,400	20,100	-28,300	19,900	-13,900	-1,700	24,300	-4,900	-3,100
Supplemental cash flow information:
Cash paid for interest
7,800	4,800	11,000	2,900	4,500	5,500	5,100	5,300	3,400	2,000	1,200	1,400	1,200	900	400	1,100	800	800	600	1,200	1,000	800	100	900	1,100	300	300	500	900	400	-100	300	1,000	400	300	1,000	1,600	1,400	1,000	2,800	2,700
Cash paid for income taxes
2,200	1,200	2,700	4,200	1,700	1,400	900	9,600	5,100	4,200	2,200	3,300	2,600	4,200	2,200	5,400	2,100	1,500	3,800	2,100	1,400	1,000	2,100	5,300	900	4,700	1,900	8,300	3,300	1,400	4,100	800	2,400	500	300	1,400	1,200	2,800	1,200	1,600	1,500
Non-cash financing and investing activities:
Right-of-use assets obtained in exchange for new operating lease obligations
19,200	11,400	2,500	8,700	17,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of assets under financing lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	300	0	700	0	0	100	700	0	0	100	500	0	0	-100	200	200	0	300	0	-	-	-	-
Retirement of ordinary shares
7,800	-	8,700	9,200	0	-	19,600	1,600	8,200	-	24,700	54,100	17,500	-	0	2,300	64,600	-	28,000	0	69,700	-	6,500	16,100	19,800	-	1,000	64,300	27,900	-	0	0	0	-	-	-	-	-	27,200	45,200	4,500
Dividends on restricted stock units
400	-	300	0	0	-	-	-	-	-	-1,000	0	300	-	500	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of a business
-	-	-	-	-	-	-	-	1,200	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-