HILLENBRAND, INC. HI Cash Flow

Hillenbrand, inc. (HI)

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	Dec'09
Operating Activities
Consolidated net (loss) income
-72,200	-800	26,000	31,700	39,500	29,000	47,200	36,200	-21,300	19,100	37,900	34,600	34,000	21,900	37,300	31,300	27,200	21,000	19,800	32,500	31,200	29,700	22,900	33,400	33,300	21,600	23,900	13,700	13,200	14,600	24,800	21,300	27,400	31,300	23,500	22,500	33,000	27,100	20,100	13,300	29,400	29,500
Adjustments to reconcile net (loss) income to cash provided by operating activities:
Depreciation and amortization
38,600	25,900	14,200	15,100	15,100	14,100	14,500	14,200	14,000	13,800	14,500	13,500	13,600	15,000	14,200	14,300	15,900	16,000	13,200	12,700	13,400	15,000	14,700	14,700	14,700	14,300	19,100	27,400	27,900	15,000	9,400	9,300	9,500	12,200	10,100	8,700	8,600	8,700	8,700	10,500	4,500	4,500
Deferred income taxes
18,000	29,000	6,900	8,500	-3,400	-5,300	-1,100	-5,600	-4,500	14,900	67,400	-13,000	-5,900	-11,400	-11,800	6,300	1,300	-500	2,700	1,000	-3,700	-500	-12,800	8,000	-8,800	5,400	-44,000	4,500	20,600	-4,700	-11,800	1,000	-3,800	9,600	4,900	-3,800	1,900	1,500	6,700	6,500	2,300	3,000
Amortization of deferred financing costs
900	500	-	-	500	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on auction rate securities and investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,600	0	0	200
Interest income on Forethought Note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	600	3,000	2,800	2,900	2,900	2,900	3,300
Equity in net loss (income) from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	1,000	500	-100	1,300	1,100	2,400	600	400	1,100	1,500	100
Share-based compensation
3,400	2,300	3,300	2,900	3,900	1,900	-	-	-	-	2,400	2,400	3,100	2,600	2,300	2,500	3,100	600	3,100	2,600	4,100	2,200	1,300	1,100	3,400	1,700	1,400	-1,000	1,500	4,500	1,600	200	1,600	5,300	3,200	2,300	3,700	2,500	200	2,500	2,800	2,100
Settlement of Milacron share-based equity awards
0	-5,900	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade accounts receivable and receivables from long-term manufacturing contracts
-47,100	9,400	50,700	-9,300	40,500	-15,700	-30,400	9,200	13,800	20,400	-7,400	-11,600	12,500	-4,200	46,900	-26,500	4,500	-34,600	30,100	-9,100	-100	-5,500	32,600	2,600	2,100	-38,300	28,900	5,400	8,900	-4,300	30,700	-14,500	11,600	-9,300	11,100	-11,500	4,600	4,600	3,600	-1,200	-500	3,000
Inventories
-9,100	-26,300	-6,400	2,900	3,200	8,900	-8,400	6,800	11,300	14,300	-10,100	4,800	-4,800	4,700	-10,300	4,000	-12,600	7,600	-15,100	-6,900	5,100	11,700	-9,500	1,900	4,700	-400	-15,200	-5,200	2,300	-8,400	-4,600	3,300	800	6,700	-3,200	4,800	1,400	2,900	-	-	-	-
Prepaid expenses and other current assets
5,800	-14,500	1,600	5,200	2,700	-1,900	-2,400	-8,200	15,100	-4,400	600	100	2,200	3,300	1,100	-400	-1,800	-4,400	6,200	3,500	-900	-300	-12,200	1,100	9,600	2,100	-21,900	6,100	12,000	8,300	700	1,300	2,700	3,000	-2,300	2,600	-200	-2,600	-2,800	1,800	-300	4,400
Trade accounts payable
-39,200	-1,800	18,100	15,600	13,300	-600	24,500	4,300	20,200	-7,400	13,300	3,500	10,700	-10,300	23,000	9,000	-200	-1,600	-10,300	-5,600	-12,000	-48,700	25,300	1,300	8,300	-16,600	1,300	-1,500	100	200	1,300	5,100	2,700	-4,200	800	-600	3,000	-4,900	3,500	-6,800	300	3,900
accrued compensation, and other current liabilities
-24,400	-21,300	65,800	-5,200	-14,900	-9,700	-40,600	36,100	-2,600	12,900	43,100	10,000	7,500	4,000	13,100	4,000	5,700	-33,500	24,500	-4,300	18,700	-37,900	14,600	13,100	7,000	-5,600	13,400	-1,200	-11,700	-25,300	12,200	1,100	11,100	-15,800	2,900	6,700	3,700	-11,900	3,000	-1,400	4,700	-3,600
Income taxes payable
7,900	6,500	-4,300	7,500	-700	-12,100	-5,900	2,400	-5,500	32,000	9,100	1,400	3,100	-8,800	-5,100	13,400	500	-5,000	-400	10,300	-4,800	8,400	-15,400	6,700	-12,000	-2,600	11,700	3,200	14,200	-1,200	2,000	2,300	-10,000	5,600	200	-4,900	-15,600	14,900	-39,700	7,300	16,900	12,100
Defined benefit plan and postretirement funding
2,500	2,700	3,500	2,200	2,300	2,300	2,700	2,600	2,800	2,800	2,600	2,700	2,400	82,900	7,300	2,300	2,800	3,100	7,700	2,500	2,500	2,700	6,700	5,100	4,100	4,200	5,400	11,100	3,100	1,200	1,900	900	600	600	800	700	700	600	1,000	4,700	400	400
Defined benefit plan and postretirement expense
1,700	1,500	900	900	900	800	200	1,100	1,200	1,100	600	2,300	1,800	1,700	3,200	2,600	3,000	3,100	3,700	3,500	3,700	3,600	3,700	3,600	3,600	3,600	4,600	4,600	4,700	3,800	3,000	3,200	3,200	3,100	3,100	2,200	2,400	2,200	2,600	2,300	2,400	2,200
Other, net
-4,600	-600	-4,800	4,700	-1,300	300	200	2,700	-200	1,100	4,600	-2,000	2,100	500	3,200	9,300	-10,000	6,300	-7,100	3,900	-700	-6,100	-1,900	-600	-2,400	2,500	-200	6,700	-2,700	200	-	-	-	-	-	-	-	-400	-7,200	1,200	-1,900	100
Net Cash Provided by (Used in) Operating Activities, Continuing Operations
27,500	17,800	69,300	63,100	11,000	35,500	92,000	94,800	34,600	26,900	142,500	83,900	68,500	-48,700	48,500	102,500	51,500	35,700	29,500	65,300	52,100	-41,900	42,700	54,700	36,300	45,900	76,400	31,100	0	19,700	28,600	49,500	33,100	27,000	34,200	102,100	25,400	27,800	1,200	28,000	52,600	36,400
Investing Activities
Capital expenditures
8,700	6,300	12,900	4,300	4,700	3,600	10,700	5,700	5,000	5,600	7,800	5,100	4,500	4,600	5,600	6,500	2,600	6,500	11,300	7,800	6,200	5,700	5,700	6,500	5,800	5,600	10,800	7,900	5,600	5,600	6,900	5,900	3,900	4,200	10,100	3,400	4,900	3,500	6,100	3,200	4,000	3,000
Proceeds from sales of property, plant, and equipment
0	13,300	-	-	0	0	-	-	-	-	-	-	-	-	1,000	100	800	100	2,100	200	0	500	6,700	100	700	0	300	200	-100	1,200	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of businesses, net of cash acquired
0	1,503,100	0	-300	0	26,200	0	0	0	0	-	-	-	-	-1,600	0	131,300	105,700	0	0	0	0	-	-	-	-	0	100	0	415,600	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	-400	-1,400	-	-	-	-	-	-	-	-	-14,200	-16,200	-600	-6,200
Capital contributions to affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200
Return of investment capital from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,200	4,000	900	1,700	0	1,000	0	900
Other, net
-	-	-	-	-	-	-	-	-	-	0	300	200	-100	100	-100	0	0	1,600	100	-1,500	2,600	1,100	-200	-1,500	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Provided by (Used in) Investing Activities, Continuing Operations
213,700	-1,496,100	-12,800	-4,000	-4,600	-29,800	-7,500	-5,400	-4,900	-5,600	-1,200	-5,300	-2,500	-4,500	-2,000	-6,300	-133,100	-112,100	-9,300	-7,700	-4,700	-7,800	2,200	-6,400	2,100	-6,200	-10,200	-6,900	-5,300	-418,600	-8,900	-5,500	-3,900	-4,200	-253,200	92,100	8,400	-1,800	8,100	-357,300	-3,400	3,900
Financing Activities
Proceeds from issuance of long-term debt
0	725,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	200,000	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on long-term debt
0	9,100	0	0	0	0	0	0	0	148,500	3,400	3,400	3,300	3,400	2,200	2,300	1,100	3,400	2,200	2,300	2,200	2,300	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving credit facilities
335,300	747,500	447,600	107,700	181,800	160,200	150,300	244,700	330,000	371,800	98,100	169,500	369,600	182,100	239,300	93,000	205,200	182,300	96,000	79,800	105,100	149,300	69,500	64,500	88,400	94,200	61,400	72,200	41,400	535,300	-	-	-	-	159,000	0	0	20,000	0	374,600	64,400	25,000
Repayments on revolving credit facilities
322,200	222,500	520,300	146,300	184,200	139,600	228,500	294,400	329,800	213,000	227,500	200,700	398,900	125,900	263,500	164,600	117,600	81,500	93,900	121,100	144,800	187,200	101,500	90,600	112,700	105,900	110,600	81,100	85,000	238,000	-	-	-	-	-	-	-	-	133,700	23,100	35,000	85,000
Payment of deferred financing costs
1,600	5,400	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured Series A Notes, net of financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99,700	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of dividends on common stock
15,900	15,800	13,200	13,200	13,100	13,100	13,000	12,900	13,100	13,100	12,900	13,000	13,000	13,000	12,800	12,900	12,700	12,700	12,600	12,600	12,600	12,600	12,500	12,400	12,400	12,400	12,200	12,200	12,200	12,100	11,800	12,000	11,900	11,900	11,700	11,700	11,800	11,700	11,500	11,600	11,600	11,500
Repurchases of common stock
-	-	-	-	-	-	400	21,700	23,700	15,200	0	11,000	17,000	0	4,600	12,600	1,000	3,000	2,000	0	2,400	6,800	0	0	16,500	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock option exercises
0	200	-	1,000	1,100	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (payments) proceeds on stock plans
-	-	-	-	-	-	-	-	-	2,600	-	1,200	1,600	8,600	-	8,100	300	-800	-	100	2,200	1,200	-	800	5,100	7,600	-	-500	1,900	-2,700	-	-	-	-	-	-	-	-	-	-	-	-
Payments for employee taxes on net settlement equity awards
0	1,800	0	0	100	4,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-4,400	3,300	-1,200	-400	400	-900	-4,500	-800	-3,800	2,800	800	-2,300	-1,300	1,100	-1,900	600	-300	800	0	0	200	1,000	0	100	400	-300	-	-	-	-	-	-	-	-1,700	-	-	-	-	-	-	-	-200
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	1,400	200
Net cash provided by (used in) financing activities
-8,800	1,221,400	280,000	-51,200	-14,100	2,800	-98,000	-84,100	-37,800	-12,600	-142,600	-59,700	-62,300	49,500	-42,200	-90,700	72,800	81,700	-17,000	-53,900	-54,600	42,300	-46,600	-40,400	-49,200	-19,300	-63,400	-24,100	-56,000	480,000	-17,100	-86,200	-94,200	-13,600	143,500	-162,700	-11,100	8,300	1,900	340,000	19,400	-71,500
Effect of exchange rates on cash and cash equivalents
-900	400	-2,100	-2,300	1,800	300	-1,700	-2,700	-1,200	2,900	-4,200	1,200	1,100	-1,700	100	-1,100	-3,100	1,500	-500	-1,100	-1,800	1,400	-2,000	2,800	-500	-800	-1,200	300	-100	800	1,600	-1,900	2,600	-2,200	-7,300	6,500	1,600	3,300	5,000	-1,400	200	100
Net cash flows
231,500	-256,500	334,400	5,600	-5,900	8,800	-15,200	2,600	-9,300	11,600	-5,500	20,100	4,800	-5,400	4,400	4,400	-11,900	6,800	2,700	2,600	-9,000	-6,000	-3,700	10,700	-11,300	19,600	1,600	400	-61,400	81,900	4,200	-44,100	-62,400	7,000	-82,800	38,000	24,300	37,600	16,200	9,300	68,800	-31,100