Flowers foods, inc (FLO)
CashFlow / TTM
Apr'20Dec'19Oct'19Jul'19Apr'19Dec'18Sep'18Jun'18Apr'18Dec'17Sep'17Jun'17Apr'17Dec'16Sep'16Jul'16Apr'16Jan'16Sep'15Jul'15Apr'15Jan'15Sep'14Jul'14Apr'14Dec'13Sep'13Jul'13Apr'13Dec'12Sep'12Jun'12Apr'12Dec'11Sep'11Jul'11Apr'11Dec'10Sep'10Jul'10Apr'10
CASH FLOWS PROVIDED BY (DISBURSED FOR) OPERATING ACTIVITIES:
Net (loss) income

92,900

164,538

183,160

179,432

171,779

157,160

214,852

141,651

140,949

150,120

84,629

158,416

164,831

163,776

182,980

186,560

187,165

-

184,955

185,758

176,062

-

186,249

175,538

179,934

230,894

230,941

229,533

210,204

136,121

120,592

120,380

120,210

123,428

131,828

131,975

137,521

137,047

0

0

0

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Restructuring and related impairment charges

-

21,062

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-5,999

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

8,145

7,430

7,090

7,009

7,952

8,148

11,277

12,853

13,493

16,093

15,464

16,145

16,957

18,761

17,406

16,190

16,182

-

17,767

18,996

20,468

-

17,431

17,238

15,351

15,943

15,802

14,912

13,127

10,116

8,534

0

13,973

13,638

-

16,869

0

-

-

0

0

Loss (gain) reclassified from accumulated other comprehensive income to net income

247

3,707

3,452

3,442

2,009

-1,301

-1,106

-1,354

-1,706

-2,080

-2,918

-3,491

-4,252

-5,307

-6,520

-7,100

-7,829

-8,551

-7,765

-4,121

-2,805

-5,218

-9,091

-20,593

-30,877

-27,055

-13,922

-8,078

-3,007

-17,272

-27,288

-19,314

-241

38,038

71,418

63,886

42,919

8,475

0

0

0

Gain on divestiture

-

-

-

-

-

-

-

-

-

28,875

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,071

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

144,072

144,228

143,519

142,985

144,754

144,124

144,380

144,690

143,720

146,719

146,562

146,120

144,590

140,869

141,066

137,955

135,825

-

129,979

130,047

129,486

-

127,408

127,758

123,594

118,491

115,708

110,628

107,140

102,690

99,683

97,742

96,385

94,638

91,388

88,350

87,473

85,118

0

0

0

Deferred income taxes

-14,610

18,609

9,088

6,726

20,139

21,657

-21,691

-42,182

-58,219

-61,306

-31,839

-7,601

-10,025

-14,457

6,170

8,419

12,018

-

12,026

6,674

8,695

-

19,362

10,243

14,059

6,485

3,662

5,845

7,737

11,450

8,221

0

-80

-1,700

-

-7,242

0

-

-

0

0

Provision for inventory obsolescence

-174

337

-39

-30

-469

740

982

2,433

1,818

1,684

1,922

1,086

2,814

1,324

874

773

848

-

887

998

795

-

1,066

1,423

1,468

1,210

1,313

1,200

932

947

576

0

947

765

-

1,351

0

-

-

0

0

Allowances for accounts receivable

14,317

11,034

11,814

11,209

9,044

6,963

5,161

4,742

4,496

4,215

3,223

2,735

2,275

3,365

3,219

2,753

3,699

-

4,090

4,424

4,417

-

3,324

4,701

3,132

4,110

3,988

4,426

3,329

1,991

1,584

0

806

414

-

1,389

0

-

-

0

0

Pension and postretirement plans cost

118,942

3,234

4,589

4,886

5,159

8,474

6,354

7,253

5,024

-897

-1,369

-2,190

2,520

2,238

1,527

-996

-5,901

-

8,394

7,477

6,562

-

-8,201

-7,186

-4,505

-2,041

-1,208

-374

459

1,570

762

0

312

222

-

1,267

0

-

-

0

0

Other

-1,703

-1,579

-993

-110

3,456

4,839

7,238

6,904

5,047

6,203

3,292

1,398

-768

106

-7,200

-5,361

-3,199

-

4,006

6,018

5,680

-

4,632

5,846

4,984

5,701

4,921

1,435

2,160

1,182

1,527

1,033

18

162

283

154

990

285

0

0

0

Qualified pension plan contributions

0

-

-

-

-

40,700

0

0

0

-

-

-

-

-

-

-

-

-

10,000

15,470

10,470

-

15,057

19,363

19,363

14,818

12,760

4,543

6,572

18,143

26,914

0

24,148

12,230

-

3,646

0

-

-

0

0

Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable, net

45,607

7,809

7,500

10,104

20,038

8,278

5,602

20,245

9,300

11,762

17,191

1,070

6,276

7,888

14,317

16,373

10,333

-

5,656

2,362

-7,296

-

-6,074

3,654

8,918

-1,114

45,497

58,189

61,132

64,182

22,425

6,009

5,505

283

-2,985

-5,935

-3,353

-11,482

0

0

0

Inventories, net

11,457

4,774

7,401

3,703

8,654

8,424

9,407

10,708

8,725

7,801

4,890

2,390

-1,939

1,526

3,133

4,982

8,482

-

5,455

1,562

2,498

-

-4,520

1,338

3,010

10,708

16,353

13,975

11,652

13,366

9,676

0

13,841

6,457

-

10,401

0

-

-

0

0

Hedging activities, net

-15,445

-10,289

11,897

-7,041

26,365

-2,725

-7,026

19,309

-9,331

15,727

8,461

-13,768

7,111

-13,592

-2,808

12,241

-5,033

-

-7,921

-951

29,856

-

28,935

13,105

-3,557

39,325

34,153

35,681

14,576

1,850

0

0

0

-

-

0

0

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

17,024

3,545

5,977

3,441

3,095

4,818

5,353

-

1,626

-3,261

15,334

-

24,789

29,296

18,047

22,151

18,362

3,835

8,096

-1,431

-13,383

0

-21,273

749

-

232

0

-

-

0

0

Accounts payable

18,060

-14,155

4,861

9,034

27,430

60,863

57,870

66,733

24,382

10,840

4,183

-3,928

3,317

-519

-7,573

-7,588

-4,798

-

25,061

22,233

14,788

-

-9,452

-22,114

3,559

-702

22,720

35,945

29,756

28,529

-5,449

0

-5,836

-5,187

-

18,175

0

-

-

0

0

Other assets and accrued liabilities

-18,863

-17,557

114,069

93,591

9,246

65,613

-139,170

-88,484

2,680

-30,213

55,882

19,591

9,862

11,390

-1,193

-2,072

2,794

-

-4,713

-9,416

-6,059

-

-17,482

-5,601

-11,228

10,699

30,180

24,465

22,164

3,486

-12,963

-7,079

-12,929

-8,135

5,524

2,541

15,537

6,881

0

0

0

NET CASH PROVIDED BY OPERATING ACTIVITIES

376,959

366,952

341,934

355,327

294,959

295,893

305,422

273,045

312,580

297,389

294,765

334,232

319,738

356,562

340,955

315,037

335,996

-

375,483

358,206

311,785

-

270,466

267,793

305,476

270,484

254,911

265,680

243,596

216,880

221,734

194,911

121,849

134,290

172,028

216,934

296,055

306,050

0

0

0

CASH FLOWS PROVIDED BY (DISBURSED FOR) INVESTING ACTIVITIES:
Purchases of property, plant and equipment

104,624

103,685

95,040

97,300

93,633

99,422

99,011

92,847

84,317

75,232

85,540

91,924

95,280

101,727

96,915

91,922

94,702

-

86,472

79,343

80,181

-

85,899

103,560

100,203

99,181

89,917

84,359

75,529

67,259

59,181

0

67,706

79,162

-

98,294

0

-

-

0

0

Deposit paid for the Acquired Hostess Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of businesses, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

415,813

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of mix plant

-

-

-

-

-

-

-

-

-

41,230

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingently refundable consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent acquisition consideration payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

0

0

0

-

-

-

-

Proceeds from sale of new distribution territories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,965

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deconsolidation of variable interest entity (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sale of property, plant and equipment

3,276

2,649

3,095

1,166

1,649

1,913

3,607

3,913

4,105

3,935

16,416

17,014

16,466

17,667

6,922

6,281

14,930

-

28,486

39,136

33,299

-

18,802

8,820

5,771

2,966

2,526

1,591

1,954

1,301

11,486

0

12,160

12,104

-

2,056

0

-

-

0

0

Repurchase of independent distributor territories

2,768

2,705

2,575

2,839

2,988

3,128

2,900

3,358

4,563

6,460

6,288

5,108

7,058

8,871

6,532

11,360

10,063

-

17,608

14,854

16,846

-

17,632

14,140

18,049

26,418

31,840

37,794

30,302

17,849

0

0

0

-

-

0

0

-

-

-

-

Cash paid at issuance of notes receivable

18,973

22,644

27,351

27,549

27,310

28,454

25,471

27,414

27,567

25,566

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Principal payments from notes receivable

29,471

29,173

28,447

28,066

27,297

26,883

26,913

26,223

25,676

24,875

24,147

23,602

22,421

22,272

20,155

21,353

22,397

-

23,583

22,510

22,225

-

22,679

22,035

21,985

21,596

21,795

19,754

18,035

16,498

14,064

0

14,521

12,629

-

13,427

0

-

-

0

0

Acquisition of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investing activities

-98

-119

-99

-126

-393

-577

-859

-1,261

-1,410

-1,823

-3,694

-3,399

-3,097

-2,522

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH DISBURSED FOR INVESTING ACTIVITIES

-93,520

-97,093

-293,499

-298,504

-294,766

-301,805

-96,003

-92,222

-85,256

-35,395

-34,020

-32,870

-34,342

-76,714

-192,215

-472,508

-464,423

-

-337,315

-37,007

-45,959

-

-55,530

-418,926

-424,464

-502,885

-498,006

-473,026

-464,350

-385,437

-370,080

-53,835

-225,372

-237,939

-257,522

-254,362

-94,603

-104,297

0

0

0

CASH FLOWS PROVIDED BY (DISBURSED FOR) FINANCING ACTIVITIES:
Dividends paid, including dividends on share-based payment awards

160,977

159,987

157,766

155,536

153,267

150,214

148,022

145,669

143,340

140,982

138,472

136,065

133,721

131,073

128,578

125,870

122,994

-

117,481

112,212

107,031

-

97,958

97,545

94,293

92,840

91,438

90,083

88,422

86,489

86,752

0

81,329

79,081

-

72,775

0

-

-

0

0

Exercise of stock options

-

-

-

-

-

791

10,808

13,688

13,855

19,313

18,065

23,569

32,756

27,631

19,908

27,300

18,659

-

22,489

16,921

18,013

-

19,565

15,658

18,622

13,685

15,985

15,209

13,794

13,881

7,610

0

11,202

12,933

-

16,966

0

-

-

0

0

Excess windfall tax benefit related to share-based payment awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,482

5,110

5,741

-

8,165

9,840

9,722

7,781

7,529

6,877

4,495

2,318

978

0

2,554

3,073

-

3,830

0

-

-

0

0

Payments for debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,882

0

0

0

-

-

-

-

-

-

-

-

Stock repurchases

783

7,054

7,054

7,054

7,054

2,489

2,489

2,489

3,009

2,671

2,673

2,673

2,154

126,300

126,298

126,298

126,297

-

25,983

36,315

36,315

-

24,820

9,349

14,488

8,819

8,929

21,162

21,162

18,726

22,156

0

27,952

26,598

-

20,144

0

-

-

0

0

Change in bank overdrafts

475

3,217

4,221

385

5,468

4,851

166

-4,849

-5,098

-14,206

-3,154

608

-2,900

1,914

7,635

11,722

670

-

-8,545

-16,046

-2,953

-

-2,887

3,076

-1,781

-499

2,783

9,510

15,260

6,684

846

-9,862

-5,939

521

294

4,380

-1,338

-1,432

0

0

0

Proceeds from debt borrowings

763,750

609,250

685,300

535,800

420,500

200,900

27,700

166,000

308,800

611,900

759,100

1,178,292

1,315,392

2,090,492

2,270,692

2,022,700

1,769,600

1,064,600

942,800

897,000

1,193,100

1,175,200

1,225,850

1,824,850

1,931,050

2,169,950

2,190,300

1,775,441

1,346,341

1,482,481

1,459,881

1,303,440

1,708,940

1,071,100

799,900

536,500

299,000

418,500

0

0

0

Debt obligation payments

633,750

723,500

610,800

446,800

286,500

27,650

54,200

184,400

370,100

735,900

893,100

1,365,750

1,495,950

2,146,100

2,181,050

1,683,950

1,404,900

817,600

859,427

1,036,950

1,336,524

1,343,087

1,344,509

1,586,116

1,733,487

1,859,094

1,873,891

1,696,750

1,219,509

1,221,660

1,215,119

1,139,160

1,339,263

875,083

607,509

383,108

378,553

529,809

0

0

0

Contingent consideration payments

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for financing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on financing leases

6,245

5,937

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY (DISBURSED FOR) FINANCING ACTIVITIES

-42,340

-284,121

-91,194

-76,608

-22,825

26,089

-166,766

-158,448

-199,621

-263,275

-261,206

-305,775

-290,352

-287,816

-149,985

122,519

131,930

-

-37,463

-283,187

-266,661

-

-217,516

147,608

113,543

227,656

239,613

-2,926

48,853

174,049

154,287

67,512

281,003

104,677

86,583

44,640

-201,206

-213,946

0

0

0

Net increase (decrease) in cash and cash equivalents

241,099

-14,262

-42,759

-19,785

-22,632

20,177

42,653

22,375

27,703

-1,281

-461

-4,413

-4,956

-7,968

-1,245

-34,952

3,503

-

705

38,012

-835

-

-2,580

-3,525

-5,445

-4,745

-3,482

-210,272

-171,901

5,492

5,941

208,588

177,480

1,028

1,089

7,212

246

-12,193

0

0

0