Hanesbrands Inc. HBI Cash Flow

Hanesbrands inc. (HBI)

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)
-7,874	179,490	187,776	152,366	81,088	148,203	171,421	140,633	79,409	-372,624	203,356	172,532	70,617	157,112	173,858	128,143	80,269	119,163	162,154	94,902	52,636	89,437	118,944	154,578	41,560	32,266	125,263	121,586	51,379	80,388	109,892	1,231	-26,830	40,965	90,832	86,782	48,109	28,056	61,312	85,412	36,513
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation
22,781	-	-	-	22,854	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,068	19,871	17,631	16,891	19,710
Amortization of acquisition intangibles
6,113	-	-	-	6,290	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,619	3,463	2,918	3,002	3,126
Other amortization
2,477	-	-	-	3,090	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization of long-lived assets
-	-	-	-	-	-	-	33,568	31,925	-	31,667	29,330	28,765	-	26,888	24,007	22,820	-	24,943	26,234	24,573	-	23,500	22,981	23,059	-	21,571	22,409	23,221	-	23,047	23,719	23,330	-	-	-	-	-	-	-	-
Net loss on disposition of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,186	0	-1,654	-686
Amortization of debt issuance costs
2,123	3,710	2,263	2,318	2,440	2,327	2,324	2,284	2,343	2,451	2,506	2,736	2,701	2,633	2,574	2,037	1,790	1,855	1,810	1,722	1,690	1,667	1,491	1,427	1,426	1,761	1,802	1,679	1,679	2,091	2,186	2,415	2,476	2,568	2,572	2,578	2,649	3,015	3,242	3,163	3,319
Amortization of loss on interest rate hedge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,114	2,364	2,463	3,163	3,302	4,042	4,190	4,718	4,824
Stock compensation expense
4,723	483	1,547	2,069	5,178	16,795	1,588	-1,713	4,746	17,231	1,963	860	3,528	15,488	8,310	474	7,508	19,787	3,371	2,308	4,152	18,589	3,444	5,232	3,322	16,436	2,739	2,493	2,510	13,774	2,873	2,077	1,772	10,272	2,664	689	2,548	11,214	2,502	2,550	3,268
Deferred taxes
-461	-	-	-	-3,854	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
9,520	-	-	-	-4,247	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred taxes and other
-	-	-	-	-	-	-	-3,914	-2,795	-	-17,134	-388	6,931	-	-14,126	3,560	-8,372	-	1,705	-7,467	1,446	-	2,040	-2,477	-2,134	-	-1,903	3,995	-1,551	-	-5,531	-1,877	-1,448	-	-472	1,128	2,314	-	-2,575	-9,155	1,506
Changes in assets and liabilities:
Accounts receivable
-73,694	-215,505	32,903	75,167	62,278	-166,778	74,997	118,444	-36,932	-116,277	68,504	128,982	-49,553	-114,938	60,391	102,899	34,927	-163,185	20,825	106,310	58,024	-170,281	-31,920	166,524	34,449	-89,948	-30,762	71,246	44,661	-76,117	-3,633	74,733	51,829	-117,527	-14,175	62,957	42,160	-77,453	14,088	74,465	-10,771
Inventories
86,785	-219,426	-106,357	48	178,405	-76,943	34,219	93,975	150,768	-98,693	-55,609	-10,056	140,610	-131,250	-134,193	-10,757	140,393	8,684	52,232	48,386	180,352	-109,128	31,800	-2,566	120,142	-152,137	-23,077	-3,726	95,192	-83,391	-98,856	-140,218	8,647	-116,893	97,368	92,429	215,004	-101,287	83,713	116,279	133,140
Other assets
-26,790	-34,135	13,378	-5,018	32,372	49,707	-48,315	20,033	-13,840	-20,505	-6,237	42,126	6,775	18,396	-14,855	24,052	-3,030	-2,383	-59,586	20,759	6,166	-20,292	12,582	-15,082	8,522	-18,483	813	-7,732	12,545	7,249	4,605	-12,295	-5,012	-1,334	571	-5,289	2,413	-2,485	5,049	-11,004	-3,157
Accounts payable
-13,605	-55,421	-19,668	25,912	-18,213	49,599	47,412	132,432	-63,655	542	62,245	23,347	-14,328	19,595	-867	61,619	-141,341	38,897	-20,525	45,707	10,534	-59,379	37,326	66,011	27,943	-11,821	-90	23,721	19,087	-22,080	32,784	-1,642	-49,645	-53,820	-56,147	91,071	58,602	-80,030	1,951	87,086	20,927
Accrued pension and postretirement benefits
-21,481	4,518	3,960	3,657	-21,978	-184	2,598	-11,879	4,441	4,021	3,996	4,684	6,341	2,915	1,696	1,678	-37,793	-4,872	2,631	-1,595	-98,366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities and other
-82,191	-118,013	37,648	-21,027	-2,378	29,230	4,885	4,786	-84,561	193,032	16,458	-16,560	-29,521	-62,590	50,379	3,113	-37,397	-47,781	-16,704	39,921	-11,468	-83,335	36,100	-31,702	5,701	21,364	36,251	-19,861	-21,835	15,233	33,507	-64,947	10,580	-65,844	60,798	-24,980	19,331	-37,500	38,877	-40,891	-13,629
Net cash from operating activities
-83,216	558,732	302,063	136,928	-194,291	502,113	205,687	63,745	-128,143	324,628	296,840	57,048	-22,798	397,316	337,369	155,728	-284,806	314,161	145,914	26,277	-259,345	292,769	210,383	67,174	-62,236	334,296	238,659	96,234	-77,908	244,202	296,665	106,855	-94,115	200,352	41,379	32,782	-101,035	170,128	27,198	-25,310	-38,962
Investing activities:
Capital expenditures
25,759	21,134	21,665	33,016	25,269	22,821	22,832	20,836	19,804	26,590	29,580	14,789	16,049	17,960	22,760	14,820	27,859	25,604	17,533	19,870	36,368	17,749	21,977	12,361	12,224	12,906	10,931	10,198	9,592	11,519	10,470	9,989	9,016	34,014	20,545	10,129	25,411	27,670	20,471	29,875	28,224
Proceeds from sales of assets
66	1,354	3,012	382	136	778	-61	334	1,506	61	20	-225	4,603	12,132	53,059	356	15,286	154	10,105	410	4,735	2,105	97	4,863	55	193	2,279	555	3,062	-	-	-	-	-	-	-	12,081	173	273	4,808	40,388
Acquisition of businesses, net of cash acquired
-	-	-	-	-	-1	0	1	334,915	61,725	0	0	524	948	769,731	186,334	7,062	0	-632	193,461	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Disposition of businesses
-	-	-	-	-	-	-	-	-	0	0	2,851	37,434	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-1,216	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	519
Net cash from investing activities
-24,477	-11,880	-40,013	-32,634	-25,133	-22,042	-22,893	-20,503	-353,213	-88,254	-29,560	-12,163	25,464	-6,776	-739,432	-200,798	-19,635	-25,450	-6,796	-212,921	-31,633	44,997	-383,645	-7,498	-12,169	-572,568	-8,652	-9,643	-6,530	-11,412	-10,352	2,914	-9,016	-20,394	-20,545	-31,364	-13,330	-250,375	-20,198	-25,067	11,645
Financing activities:
Borrowings on notes payable
62,312	90,405	88,120	79,818	82,774	60,438	63,808	69,981	83,920	65,685	71,420	113,491	27,893	49,561	246,504	239,633	368,778	350,540	639,411	133,902	43,828	48,904	42,576	33,243	33,494	32,842	5,379	28,744	34,210	34,785	11,383	11,197	20,671	55,636	40,245	42,863	222,149	403,721	359,316	334,611	297,134
Repayments on notes payable
64,352	90,492	88,381	80,944	82,759	68,604	64,215	72,346	81,426	77,907	120,721	86,447	42,540	48,867	284,322	292,555	367,016	350,636	633,116	139,569	61,137	36,231	40,037	30,941	31,016	1,859	30,497	28,100	30,571	59,472	8,091	5,337	42,217	26,739	35,082	43,585	243,518	395,957	349,347	364,796	301,195
Borrowings on Accounts Receivable Securitization Facility
227,061	39,312	83,293	16,870	106,942	21,440	77,419	35,028	79,449	31,325	80,099	48,677	213,539	43,516	84,700	56,588	53,261	22,850	74,702	55,300	79,039	45,558	0	67,437	48,172	44,984	19,373	29,976	51,382	20,483	52,774	47,241	56,802	51,233	39,669	95,050	94,677	15,866	42,018	58,406	91,000
Repayments on Accounts Receivable Securitization Facility
74,909	247,915	65,000	26,560	68,550	81,811	8,826	38,723	47,577	157,111	32,713	37,854	65,274	243,069	49,060	48,154	48,424	85,951	48,572	22,775	90,393	59,595	0	7,316	65,083	29,808	23,238	19,244	65,471	40,622	28,905	40,505	60,365	59,300	77,724	24,331	42,341	75,866	24,533	14,084	102,807
Borrowings on Revolving Loan Facilities
1,638,000	614,000	981,777	830,000	772,500	704,500	816,000	758,000	1,267,860	1,204,000	810,500	882,299	1,265,000	803,500	814,942	709,000	1,471,500	1,216,000	1,262,000	1,466,500	1,327,500	897,000	856,500	664,500	1,118,000	1,424,500	659,000	1,017,000	953,000	761,500	682,500	690,500	804,000	441,500	608,500	817,000	1,023,000	631,000	522,500	560,500	514,500
Repayments on Revolving Loan Facilities
688,000	614,000	1,163,092	742,000	680,500	1,018,000	990,500	727,000	771,000	1,415,000	990,500	738,000	1,009,500	803,500	748,000	1,511,500	732,500	1,305,500	1,109,000	2,049,500	921,000	1,164,500	935,500	761,500	965,000	957,500	783,500	1,077,500	835,500	694,000	698,000	817,500	676,000	442,000	601,000	914,500	918,000	821,000	519,500	473,500	466,000
Repayments on Term Loan Facilities
0	-	-	-	-10,625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on Term Loan A Facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,313	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on Term Loan Facilities
-	-	-	-	-	9,375	1,250	10,625	10,625	943,934	73,066	114,621	13,594	113,594	129,889	14,655	10,126	296,183	14,709	89	974	2,226	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on Term Loan B Facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on International Debt
31,222	0	20,539	0	7,141	0	0	0	0	-	-	-	-	777	813	4,660	2,895	-177	8,199	-698	3,352	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on International Debt
-	-	-	-	-	0	0	108	997	999	932	26,915	16,226	1,548	1,826	7,632	1,728	1,617	9,549	2,892	1,913	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share repurchases
200,269	-	-	-	0	-	-	-	-	100,098	0	0	299,919	0	0	0	379,901	45,401	306,094	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
53,683	54,269	54,240	54,228	54,221	54,116	54,085	54,062	54,053	54,692	54,682	54,654	55,875	41,577	41,564	41,551	42,683	39,603	40,243	41,387	40,083	29,969	29,907	29,881	29,850	19,827	19,818	19,797	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments to amend and refinance credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,569	-	-	-	-
Payments to amend and refinance credit facilities
232	-	-	-	662	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of contingent consideration
-	-	-	-	-	0	0	0	3,540	0	0	41,250	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	873	4,406	4,649	3,372	408	323	320	8,722	5,637	2,425	2,501	2,017	1,384	36
Taxes paid related to net shares settlement of equity awards
62	8,020	366	251	906	6,937	1,593	1,428	2,757	7,388	1,847	4,559	1,669	14,495	1,036	1,046	837	23,461	5,676	29,450	17,982	22,299	21,952	5,711	4,631	17,007	4,828	18,841	1,163	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,988	4,171	21,294	12,833	13,406	18,267	2,293	5,602	8,564	3,328	14,564	328	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of debt under 2009 Senior Secured Credit Facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,875
Other
426	843	1,161	-356	573	-2,570	574	82	-170	-3,488	614	111	2,676	1,002	298	-234	1,465	11,522	-8,323	-1,187	684	5,704	-5,237	303	503	5,917	106	240	19	2,570	-1,957	188	-1,070	3,284	961	-3,487	162	1,285	187	197	-76
Net cash from financing activities
877,514	-538,394	-221,395	-135,928	71,707	-455,079	-163,301	-41,201	459,084	-218,170	-312,387	-59,722	4,511	-368,871	189,244	375,997	314,684	-253,422	-170,297	222,947	333,754	-316,466	250,083	-67,573	110,191	235,176	-179,974	-72,085	110,640	-371,588	-134,575	-113,758	102,144	-192,532	-15,709	-21,784	134,985	48,468	30,970	45,530	30,717
Effect of changes in foreign exchange rates on cash
-15,061	3,421	-3,274	2,178	2,104	9,033	-19,297	18,990	1,186	3,317	-4,263	629	-3,799	-11,637	2,035	-2,352	3,010	-715	420	1,984	-5,564	2,723	-4,606	378	-513	-13,361	-18	-746	-453	-675	869	-949	242	-78	-1,783	217	513	-46	729	-976	277
Change in cash, cash equivalents and restricted cash
754,760	11,879	37,381	-29,456	-145,613	34,025	196	21,031	-21,086	21,521	-49,370	-14,208	3,378	10,032	-210,784	328,575	13,253	34,574	-30,759	38,287	37,212	24,023	72,215	-7,519	35,273	-16,457	50,015	13,760	25,749	-139,473	152,607	-4,938	-745	-12,652	3,342	-20,149	21,133	-31,825	38,699	-5,823	3,677
Capital expenditures included in accounts payable
12,807	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-Use assets obtained in exchange for lease obligations
17,551	-	-	-	6,192	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-