FULLER H B CO FUL Cash Flow

Fuller h b co (FUL)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	Jun'19	Mar'19	Dec'18	Aug'18	May'18	Mar'18	Dec'17	Aug'17	May'17	Feb'17	Dec'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10
Cash flows from operating activities:
Net income including non-controlling interest
128,502	130,844	139,984	127,990	135,813	171,232	123,499	110,902	92,302	59,466	102,596	110,255	117,781	121,917	110,255	104,343	96,269	87,097	72,789	49,987	45,297	50,151	136,469	85,639	91,061	97,186	25,269	155,340	131,299	125,855	127,258	67,324	90,170	89,047	84,020	79,480	65,650	70,419	0	0	0
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57,568	0	0	0	-	-	-	-	-	-	-	-
Adjustments to reconcile net income including non-controlling interest to net cash provided by operating activities:
Depreciation
66,868	67,115	67,378	68,045	68,056	68,636	66,224	61,260	56,549	51,072	48,834	48,093	47,876	49,189	49,339	49,769	49,887	48,305	48,223	48,784	48,577	47,254	73,846	42,335	39,366	39,149	11,186	39,570	41,835	38,713	35,451	33,064	28,322	28,888	26,570	27,013	28,109	27,969	0	0	0
Amortization
72,869	74,091	75,124	76,161	76,459	76,490	70,750	59,533	48,131	36,243	31,114	30,238	29,152	28,495	27,447	27,323	27,534	26,984	25,975	24,809	23,613	23,240	39,802	22,985	22,776	22,508	5,506	21,835	21,650	18,703	15,820	13,122	10,236	10,162	10,069	10,024	10,314	10,839	0	0	0
Deferred income taxes
-31,637	-29,028	-32,574	-20,883	1,741	-47,446	-75,023	-70,101	-72,027	-21,660	1,703	2,734	3,519	3,828	5,655	5,830	6,920	6,645	9,007	6,656	3,928	4,154	9,569	9,490	9,476	9,648	-15,905	-18,641	-17,527	-16,820	3,991	6,719	5,666	5,740	9,234	13,223	10,042	9,462	0	0	0
Income from equity method investments, net of dividends received
108	39	247	2,410	2,916	3,172	1,183	2,321	2,187	2,640	1,168	4,648	4,283	3,701	4,057	3,717	3,443	3,042	9,972	1,977	2,294	2,857	-7,510	3,962	-5,145	-4,559	2,645	-4,892	4,681	4,436	4,359	4,490	4,817	4,482	2,085	6,373	5,614	5,569	0	0	0
Gain on sale of assets
24,134	24,104	19,869	-499	922	3,050	3,015	3,100	2,022	19	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation
22,800	24,003	21,844	20,851	17,368	17,113	20,908	19,094	18,122	17,503	15,909	15,219	14,109	13,344	13,300	13,805	14,162	14,156	13,538	13,547	13,652	13,376	22,470	13,250	12,982	12,317	2,582	10,931	10,253	9,728	9,683	9,382	8,746	7,741	6,011	6,214	6,266	6,405	0	0	0
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	2,010	1,683	2,402	3,035	1,641	1,574	1,115	695	1,433	7,801	1,817	2,141	3,357	-449	3,097	2,485	2,676	121	2,253	2,186	1,263	2,015	2,046	1,821	1,140	688	548	665	509	0	0	0
Non-cash (gain) loss on mark to market adjustment related to contingent consideration liability
-	-	-	-	-	1,126	-4,103	-3,003	-4,222	-4,233	-7,684	-8,744	-5,995	-6,032	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash charge for the sale of inventories revalued at the date of acquisition
-	-	-	-	-	-	-	-	-	11,289	193	618	721	528	5,360	4,935	5,117	2,416	-2,278	-2,278	-2,563	138	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	332	332	332	9,117	8,785	0	0	0
Change in assets and liabilities, net of effects of acquisitions:
Trade receivables, net
-2,200	25,632	40,016	50,642	50,169	39,429	27,897	29,415	15,097	26,826	37,788	21,296	22,189	-1,874	2,252	1,300	8,205	12,038	21,423	-7,496	-2,472	18,893	-11,107	32,280	14,856	7,281	-2,534	-3,536	3,468	17,341	22,633	18,969	18,516	18,428	20,170	21,160	29,613	13,757	0	0	0
Inventories
5,733	-19,584	-25,416	-13,708	-8,015	17,068	13,509	16,844	22,776	8,660	56,650	43,807	24,212	7,476	-9,202	-646	-1,950	4,588	119,253	-10,115	19,891	36,227	-51,288	55,482	27,619	11,797	-11,516	7,267	13,449	17,081	-3,890	13,757	17,423	11,022	13,496	8,243	5,284	4,074	0	0	0
Other assets
30,020	18,316	19,493	7,381	18,112	35,184	62,990	74,787	55,083	12,986	7,713	5,729	13,721	8,383	-11,540	-16,122	-35,684	-11,991	65,082	23,325	44,128	41,711	-11,766	17,458	18,209	13,848	5,874	29,216	-4,008	4,313	4,600	-9,147	17,008	775	-3,017	3,534	6,295	6,971	0	0	0
Trade payables
58,758	11,553	23,858	43,644	38,322	25,401	25,132	31,622	15,360	44,365	12,095	15,672	15,998	-12,292	-6,128	-32,053	-31,392	5,794	-30,359	-11,340	1,076	-14,544	42,635	42,334	32,207	16,258	-5,360	-15,579	-26,602	-4,845	-23,084	-6,291	12,470	8,662	13,434	3,634	12,193	-9,086	0	0	0
Accrued compensation
-598	1,342	-4,266	-94	2,700	-306	2,155	-1,075	-2,422	12,249	11,475	-862	6,574	879	3,884	6,630	3,733	5,982	-1,604	-6,755	-16,252	-28,103	-27,327	-9,184	-439	3,786	14,758	1,532	13,835	20,950	10,174	14,014	-2,153	-3,387	-1,792	-127	1,921	2,785	0	0	0
Other accrued expenses
316	-1,882	24,598	24,581	930	-4,282	-5,380	-61	7,433	9,809	-6,445	-5,373	-8,379	-5,548	128	856	-3,049	9,691	-1,258	2,806	10,036	6,006	16,761	12,282	10,627	4,793	6,617	3,742	-2,170	4,909	2,276	4,364	13,486	1,652	1,152	-1,484	-3,009	3,418	0	0	0
Income taxes payable
19,625	21,043	9,743	4,648	-6,307	4,048	10,171	3,790	-5,131	-14,973	-7,544	-11,727	-8,489	-1,707	-4,498	4,115	7,430	-1,369	5,603	2,845	-4,992	-112	-21,924	-13,692	-7,049	-17,933	8,319	6,580	5,965	15,173	9,889	7,385	6,713	6,464	7,907	4,144	-3,904	2,124	0	0	0
Accrued / prepaid pensions
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Other liabilities
16,258	448	-10,227	-23,073	-54,335	-21,429	1,480	11,528	42,828	14,685	1,622	-8,940	-16,906	-20,105	-10,749	-10,870	-6,971	-4,923	-7,317	-8,612	-10,697	-9,941	-9,144	-2,194	1,332	-3,263	-7,467	-4,929	2,737	3,531	9,824	2,055	-4,987	-2,948	-6,302	-6,105	-6,319	-10,476	0	0	0
Other
22,339	37,518	63,271	50,718	92,124	81,522	78,540	61,454	19,520	14,424	12,881	29,779	35,089	34,425	5,870	-813	-4,084	22,633	39,911	50,812	56,387	33,336	3,286	-15,642	-17,773	-11,103	-6,416	7,827	-5,649	-2,090	685	-6,411	1,141	-6,115	-2,769	-3,170	1,254	-6,361	0	0	0
Net cash provided by operating activities
303,111	269,177	306,744	308,263	285,884	253,312	202,336	155,906	117,787	166,325	120,589	145,879	169,586	195,688	203,389	176,916	186,877	210,529	195,335	179,790	113,055	29,734	120,046	58,142	127,069	132,693	43,367	114,542	96,491	108,641	102,359	100,898	87,287	88,088	96,119	77,959	72,566	72,211	0	0	0
Purchased property, plant and equipment
80,241	61,982	68,766	67,258	63,573	68,263	65,943	61,027	53,590	54,934	49,252	54,694	59,848	63,310	59,555	55,427	53,604	58,624	72,219	96,569	117,296	139,794	240,418	158,391	155,569	124,288	17,828	71,448	49,884	35,913	28,640	31,952	32,339	32,834	29,669	29,710	28,456	31,729	0	0	0
Purchased businesses, net of cash acquired
17,792	8,292	0	0	0	-	-	-	-	1,745,415	124,554	166,729	175,852	52,547	51,298	9,123	-66	217,572	244,057	243,755	243,972	26,334	8,454	10,390	10,239	8,614	7,889	6,256	410,981	412,606	0	0	0	-	-	-	-	-	-	-	-
Purchase of assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchased investments
-	-	-	-	-	-	-	-	-	-	0	0	1,250	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchased technology
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property, plant and equipment
12,508	11,133	6,059	259	1,697	2,923	2,105	2,513	1,930	672	674	4,330	3,578	4,332	8,200	5,123	4,886	5,326	6,859	5,387	6,804	6,111	2,914	3,579	2,517	2,135	536	1,757	1,830	1,756	1,599	2,886	2,570	2,542	1,571	-615	2,287	2,330	0	0	0
Cash payments related to government grant
2,992	2,758	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-23,211	7,405	-1,291	-73,359	-58,377	-61,841	-1,683,559	-1,680,624	-1,673,770	-1,800,927	-174,382	-218,343	-233,372	-111,525	-90,604	-47,378	-36,603	-258,821	-309,115	-334,937	-354,464	-160,017	-248,645	-165,202	-165,678	-133,154	-25,183	-78,334	-459,035	-446,763	-431,766	-433,791	-35,769	-36,292	-34,903	-63,898	-53,742	-56,972	0	0	0
Proceeds from issuance of long-term debt
-	-	-	-	-	-	-	-	-	2,856,278	0	0	453,000	-	0	20,000	40,000	357,000	682,000	722,000	837,000	560,000	341,926	187,034	111,034	107,034	107	189,208	620,208	584,208	635,208	609,000	185,000	218,000	173,000	132,000	105,000	345,000	0	0	0
Repayment of long-term debt and payment of debt issuance costs
281,600	288,600	288,500	230,000	200,375	185,750	609,476	596,976	728,015	1,079,250	546,149	519,274	373,485	22,500	20,625	38,750	86,875	211,250	864,750	557,000	613,250	483,250	-44,627	129,502	86,002	129,502	7,629	299,208	330,208	292,333	341,458	233,375	207,500	240,500	238,500	199,875	157,250	329,625	0	0	0
Net proceeds from notes payable
514	1,662	-760	4,765	-10,862	-13,276	-6,704	-11,477	-15,983	-7,776	-9,814	-13,787	9,806	7,746	6,130	6,138	8,503	-2,623	-5,902	48	571	6,602	9,843	14,301	1,027	-545	-4,729	-7,870	-6,106	-5,837	-1,061	-2,714	4,722	1,081	2,533	13,891	10,982	18,566	0	0	0
Dividends paid
32,696	32,357	32,042	31,738	31,365	31,124	30,817	30,412	30,206	29,612	29,006	28,595	28,068	27,518	27,079	26,615	26,137	25,683	25,209	24,668	24,127	23,087	36,371	21,064	20,065	19,334	4,256	17,780	17,001	16,454	15,908	15,368	14,824	14,550	14,298	14,021	13,750	13,624	0	0	0
Distribution to redeemable non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock options exercised
10,727	10,885	3,504	5,687	6,540	6,237	7,900	6,166	9,918	17,705	16,542	18,112	19,786	11,269	10,049	7,763	2,979	4,631	4,863	6,152	6,531	6,852	15,214	9,171	7,122	8,891	758	5,741	5,950	7,401	8,592	8,485	8,119	7,697	7,781	7,333	7,543	3,950	0	0	0
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	2,010	1,683	2,402	3,035	1,641	1,574	1,115	695	1,433	1,555	1,817	2,141	3,357	5,796	3,097	2,485	2,676	121	2,253	2,186	1,263	2,015	2,046	1,821	1,140	688	548	665	509	0	0	0
Purchase of redeemable non-controlling interest
-	-	-	-	-	-	-	-	-	3,127	0	0	3,127	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
3,556	3,026	3,057	2,966	4,103	4,688	4,667	17,488	22,669	21,831	33,044	25,534	19,140	23,228	28,977	23,649	23,605	19,290	2,223	2,268	2,366	15,510	33,126	25,983	30,729	17,638	30	10,142	5,370	4,333	4,648	4,127	6,605	8,510	8,177	5,678	3,125	377	0	0	0
Net cash used in financing activities
-310,221	-315,046	-324,465	-257,862	-240,165	-228,601	1,520,278	1,559,006	1,567,538	1,684,655	40,085	28,197	61,807	-52,590	-58,928	-53,998	-84,440	104,218	138,334	146,081	206,500	54,964	-332	37,054	-15,372	-48,662	-15,659	-138,042	269,659	273,915	274,140	356,772	-36,442	-42,817	-75,548	-65,802	-49,935	24,399	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-4,417	-138	-11,296	-6,044	-6,344	-6,475	-8,566	858	4,405	2,100	201	-7,653	-8,274	-8,496	-6,576	-3,687	-5,343	-9,033	-8,983	-6,515	-6,564	-2,233	2,943	2,654	2,686	2,671	6,703	9,295	4,575	3,656	-9,764	-13,228	-2,319	1,911	14,230	18,217	5,312	-5,278	0	0	0
Net change in cash and cash equivalents from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-77,552	-125,987	-67,352	-51,295	-46,452	9,227	-92,539	-88,310	-60,551	-65,031	10,651	12,757	10,890	-102	-33,524	-25,799	34,360	0	0	0
Cash used in operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,211	1,137	-17,988	-20,014	-17,522	-13,893	0	0	0	-	-	-	-	-	-	-	-
Cash provided by (used in) investing activities of discontinued operations including proceeds from sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	120,231	0	0	0	-	-	-	-	-	-	-	-
Net change in cash and cash equivalents
-34,738	-38,602	-30,308	-29,002	-19,002	-43,605	30,489	35,146	15,960	52,153	-13,507	-51,920	-10,253	23,077	47,281	66,559	55,197	41,599	0	0	0	-	-	-	-	-45,315	-7,349	6,886	14,754	45,787	0	0	0	-	-	-	-	-	-	-	-
Supplemental disclosure of cash flow information:
Dividends paid with company stock
-	-	-	-	-	207	219	306	304	299	364	259	256	318	240	234	225	208	201	192	185	175	276	158	154	150	33	141	135	126	139	145	151	162	144	136	128	108	0	0	0
Cash paid for interest, net of amount capitalized of $416, $285, and $306 for the years ended November 30, 2019, December 1, 2018 and December 2, 2017, respectively
-	-	-	-	-	109,428	102,156	82,257	66,512	43,790	34,892	30,741	30,918	29,505	27,857	27,689	27,161	27,156	27,324	26,538	26,421	24,758	40,726	23,419	22,513	23,574	7,025	24,477	20,091	19,816	14,638	13,969	13,134	13,235	13,248	14,013	14,584	12,095	0	0	0
Cash paid for income taxes, net of refunds
-	-	-	-	-	36,841	43,434	42,391	41,244	37,986	35,431	44,051	49,288	46,815	42,756	39,538	33,526	33,076	27,229	19,147	17,459	16,599	55,005	31,007	32,716	41,920	29,302	49,285	43,539	31,832	7,681	14,543	15,301	16,607	1,731	1,154	11,972	13,768	0	0	0