Forterra, inc. (FRTA)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent

3,642

-7,331

-16,607

-33,534

-29,494

-24,365

35,745

18,740

573

-2,060

-93,945

-74,075

-26,213

-7,606

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation & amortization expense

95,367

97,258

99,004

100,757

102,403

105,423

107,569

110,802

113,267

115,659

0

0

0

-

-

-

0

(Gain) / loss on business divestiture

-

-

-

-

-

6,016

5,344

-26,262

-26,262

-32,278

0

0

0

-

-

-

-

(Gain) / loss on disposal of property, plant and equipment

-2,134

-2,045

268

662

4,372

4,266

2,089

1,658

-1,386

-2,107

-21,847

-23,678

-22,043

-21,267

0

0

0

Gain (Loss) on Extinguishment of Debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt discount and issuance costs

7,834

7,962

8,066

8,106

8,125

8,143

8,161

8,179

8,164

8,123

7,912

8,478

8,385

8,244

0

0

0

Stock-based compensation expense

9,254

7,919

6,485

5,763

6,615

6,240

5,446

5,439

4,850

3,696

0

0

0

-

-

-

-

Income (Loss) from Equity Method Investments

11,698

10,466

11,376

9,610

9,880

10,162

10,656

11,368

11,038

12,360

12,382

13,592

13,815

11,947

0

0

0

Proceeds from Equity Method Investment, Distribution

11,139

11,039

10,766

9,641

14,641

13,141

13,592

13,467

11,467

13,717

14,493

14,043

14,043

13,293

0

0

0

Unrealized loss on derivative instruments, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss / (gain) on derivative instruments, net

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Unrealized foreign currency loss / (gain), net

-640

-45

134

425

600

527

-341

-124

828

615

0

0

0

-

-

-

0

Provision (recoveries) for doubtful accounts

-232

387

1,192

-1,102

-123

-1,224

-1,247

1,233

656

2,947

1,660

-826

-270

-1,864

0

0

0

Deferred taxes

-8,170

-20,067

-7,653

-7,612

-18,051

-20,768

-33,962

-36,106

-29,626

-25,496

-32,094

-41,355

-60,944

-67,619

0

0

0

Deferred rent

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Other non-cash items

-2,039

-1,320

182

-531

-13

-83

-107

-557

-195

-196

-1,133

-1,068

-1,470

-1,012

0

0

0

Change in assets and liabilities:
Receivables, net

22,620

7,394

6,884

-1,783

10,608

2,466

15,577

18,831

-25,232

16,831

6,531

5,889

6,112

-16,852

0

0

0

Inventories

-45,749

-47,491

-8,815

15,422

34,641

45,313

4,964

-15,671

-9,371

-1,838

21,671

41,482

17,633

-14,916

0

0

0

Related party receivables

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

Other current assets

3,198

-514

-3,043

10,845

-2,927

-8,657

1,571

-3,048

19,779

24,003

0

0

0

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accounts payable and accrued liabilities

26,528

2,675

7,669

-16,946

-9,015

-4,548

2,950

27,071

-29,812

-19,424

-32,841

-46,845

-20,815

-27,655

0

0

0

Other assets & liabilities

-9,583

-8,568

-10,805

-6,923

-2,865

-4,243

-5,425

-10,942

-47

-826

6,143

10,986

-7,071

-3,396

0

0

0

NET CASH USED IN OPERATING ACTIVITIES

171,516

146,786

121,513

46,532

26,582

27,196

52,872

121,720

76,776

42,334

6,920

-42,753

34,976

76,925

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment, and intangible assets

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds from business divestiture

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Purchase of property, plant and equipment, and intangible assets

-

-

-

-

-

-

-

-

-

-

-

67,973

64,616

54,289

0

0

0

Proceeds from sale of fixed assets

11,240

11,414

14,135

13,064

8,603

8,429

0

0

0

-

-

-

-

-

-

-

-

Payments for Hedge, Investing Activities

-

-

-

-

-

4,990

4,990

4,990

4,990

0

0

0

0

-

-

-

-

Assets and liabilities acquired, business combinations, net

-

-

-

-

-

-

-

-

-

-

-

-

976,753

1,008,158

0

0

0

NET CASH USED IN INVESTING ACTIVITIES

-23,798

-42,295

-49,321

-54,935

-69,619

-51,052

-50,586

-21,278

-17,808

-66,023

-213,842

-269,650

-1,041,369

-1,062,447

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Payments on term loans

100,684

95,741

28,237

12,510

12,510

12,510

12,511

12,510

12,511

12,008

1,307,225

1,304,098

1,300,970

1,300,536

0

0

0

Proceeds from revolver

192,000

54,000

54,000

54,000

42,000

0

0

0

60,000

194,000

461,000

486,000

452,611

398,611

0

0

0

Payments on revolver

-

-

-

-

-

-

-

-

-

293,000

486,000

406,000

255,607

248,173

0

0

0

Proceeds from settlement of derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

6,546

0

0

0

Other financing activities

-911

-753

-701

-664

-581

-534

-397

-399

-373

-244

-6,696

-6,574

-6,471

-6,464

0

0

0

NET CASH PROVIDED BY FINANCING ACTIVITIES

26,718

-106,181

-58,063

-4,581

-1,498

-43,451

-12,908

-92,909

-34,382

86,250

210,899

292,499

1,021,287

981,728

0

0

0

Effect of exchange rate changes on cash

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

0

1,229

-

937

111

843

228

0

0

0

Net change in cash and cash equivalents

-

-

-

-

-

-

-

0

25,815

-

4,914

-19,793

15,737

-3,566

0

0

0

Cash interest paid

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Income taxes paid (refunds received), net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash interest paid

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Income taxes paid

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

Assets and liabilities acquired in non-cash exchange

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Fair value changes of derivatives recorded in OCI, net of tax

-

-

-

-

-

-

0

0

0

-

-

-

-

-

0

0

0

Leased assets obtained in exchange for new lease liabilities

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-