HUBBELL INC HUBB Cash Flow

Hubbell inc (HUBB)

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
Cash Flows from Operating Activities
Net income
75,700	103,100	132,600	97,900	73,800	89,200	114,700	102,400	59,800	22,400	82,800	80,800	63,900	65,700	88,100	82,000	62,000	62,700	74,700	81,300	63,400	80,600	90,500	90,800	65,300	82,800	97,200	83,000	66,800	72,900	87,600	78,000	63,600	70,500	83,300	65,700	50,700	50,200	71,700	57,900	39,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
38,900	39,900	37,400	37,100	36,600	35,600	36,500	37,000	39,300	23,500	25,100	25,400	24,200	22,300	22,700	23,200	22,700	21,600	20,700	21,200	21,700	20,200	20,100	20,000	18,900	18,100	18,100	17,200	17,200	17,600	16,200	16,800	16,200	16,500	16,900	17,200	17,600	17,700	18,000	18,500	18,300
Deferred income taxes
1,600	9,000	1,500	-7,400	3,000	26,800	22,600	1,000	-1,400	-18,500	1,200	2,300	700	8,400	5,100	-1,300	500	6,300	-8,800	-1,900	-100	25,700	-1,500	100	6,000	-1,400	6,900	3,500	4,300	11,500	9,200	1,400	5,400	4,300	-800	5,600	9,700	20,300	1,500	500	2,700
Stock-based compensation
11,600	2,900	5,200	4,200	4,100	10,800	3,900	4,400	5,100	10,400	3,800	3,900	4,200	9,200	4,300	4,200	4,600	6,200	3,500	3,400	3,900	6,500	3,200	3,300	3,400	5,900	2,700	2,700	3,000	7,800	2,700	2,500	2,800	7,400	2,600	2,600	2,500	4,500	2,400	2,300	2,200
Provision for bad debt expense
5,300	-	-	-	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit on stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	500	1,300	1,400	1,600	1,300	4,900	1,900	900	1,200	4,400	3,900	2,400	700	8,600	4,200	100	7,400	-3,500	12,100	-200	-100	-2,100
Changes in assets and liabilities, excluding effects of acquisitions:
(Increase) decrease in accounts receivable, net
36,800	-112,900	7,400	68,600	-9,300	-58,500	5,600	81,400	46,900	-76,900	11,300	48,600	13,100	-31,500	33,800	12,900	27,100	-62,400	23,100	8,600	28,800	-70,600	41,300	27,200	19,900	-56,500	28,000	25,900	33,500	-65,000	29,100	16,500	21,200	-64,700	53,800	119,800	-57,300	123,500	-36,200	-25,600	-35,600
Decrease (increase) in inventories, net
-32,700	-35,600	13,300	-600	10,700	-16,400	-13,900	-23,000	19,100	11,100	36,400	30,600	12,200	-9,800	-4,500	-10,200	6,100	10,500	19,000	25,200	26,100	-2,900	18,600	6,100	25,100	-19,200	14,700	23,400	7,000	-17,700	-1,100	15,200	15,400	-17,100	11,200	26,200	-3,900	61,900	-14,700	-6,600	-8,000
Increase in accounts payable
15,200	-	-8,400	26,400	12,600	-	1,700	47,100	-700	-	-5,400	47,600	8,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in current liabilities
-48,800	-33,800	33,700	25,000	-61,100	25,800	14,800	10,700	-35,700	42,500	28,300	4,900	-18,300	13,000	34,300	-26,700	-6,800	-10,400	38,200	7,000	11,800	-34,000	63,400	-6,800	-2,600	-24,700	26,800	7,000	-7,400	-30,000	6,100	-5,800	-2,000	-43,100	55,200	-6,800	41,200	-39,600	35,500	13,300	10,600
Changes in other assets and liabilities, net
-7,500	14,800	-9,800	3,300	-9,200	17,000	7,400	-4,500	500	-63,000	1,900	18,700	-8,300	400	-15,600	18,700	-11,900	-1,100	-8,100	3,100	0	-2,300	-21,700	13,000	-4,400	-900	-9,000	-1,100	-4,800	1,400	-11,500	-4,200	-6,400	-9,700	-10,700	-1,100	-1,300	-23,500	11,100	7,100	-4,400
Contribution to qualified defined benefit pension plans
100	10,100	100	100	100	16,500	10,400	500	500	400	400	500	400	16,600	500	400	500	500	400	1,100	20,600	20,500	200	1,800	1,000	700	600	1,200	700	600	15,700	5,700	600	20,600	700	2,200	-800	26,300	-900	-800	-900
Other, net
-5,600	-7,200	-6,200	2,400	-600	-400	-2,200	-4,500	-200	-4,000	-1,500	-1,800	2,900	-4,700	-2,300	-4,700	-1,100	-5,000	-600	-400	-1,900	-1,600	-1,400	200	1,100	-1,000	-900	-3,000	400	-100	-200	-500	1,500	600	1,300	3,300	-1,400	700	-5,300	2,700	2,100
Net cash provided by operating activities
108,400	206,500	175,500	131,500	78,100	177,900	186,900	152,700	-400	150,400	97,400	68,300	62,900	141,800	142,600	64,300	62,300	146,300	94,400	72,900	25,800	153,200	137,100	57,800	43,400	155,900	117,400	65,800	42,700	157,100	87,400	59,500	45,100	117,800	100,800	62,900	53,500	90,200	82,900	69,200	23,900
Cash Flows from Investing Activities
Capital expenditures
17,800	21,300	24,900	24,400	23,300	25,500	23,200	25,500	22,000	26,500	20,200	19,400	13,600	21,400	15,900	14,600	15,300	24,800	17,800	18,200	16,300	17,700	15,500	14,400	12,700	18,400	14,400	13,000	13,000	17,800	10,300	9,600	11,400	14,100	10,200	9,100	22,000	13,500	11,500	11,200	11,100
Acquisition of businesses, net of cash acquired
2,100	65,800	5,000	0	0	0	2,000	-3,400	1,119,400	73,800	1,800	89,300	19,200	900	900	-600	172,200	100	36,300	200	126,800	19,900	16,600	56,400	90,900	0	14,800	44,200	37,500	37,700	0	42,100	10,900	29,600	0	0	0	-	-	-	-
Purchases of available-for-sale investments
4,700	9,600	0	3,500	1,000	0	10,400	1,200	5,000	5,800	6,500	5,300	3,300	6,900	7,300	2,600	3,200	9,300	9,600	2,300	3,300	11,000	600	4,000	2,000	2,700	1,100	0	7,300	6,800	0	300	2,400	9,800	10,200	3,600	200	3,300	7,400	11,400	3,300
Proceeds from available-for-sale investments
6,500	2,100	3,300	4,400	2,700	3,000	4,500	7,300	5,700	3,300	5,700	6,000	2,400	4,500	3,000	3,600	2,200	4,700	5,000	3,600	500	3,500	3,900	2,100	2,600	2,900	1,400	4,400	1,800	8,000	6,600	1,900	2,900	1,200	5,300	1,800	1,100	4,800	4,600	2,700	2,800
Other, net
-2,500	2,900	-200	-2,100	-1,500	200	-700	-700	-900	-400	-200	-1,800	-900	-3,000	-2,300	-500	-500	1,200	-600	-300	-1,200	600	-200	-1,400	0	3,000	-400	-3,800	-200	4,700	-600	-800	-5,500	2,200	-1,500	-1,900	-2,100	1,100	-1,200	0	-1,100
Net cash used in investing activities
-15,600	-94,400	7,000	-21,400	-20,100	-15,900	-30,400	-15,300	-1,139,800	-84,000	-22,600	-106,200	-32,800	-10,900	-18,800	-12,500	-188,000	-30,000	-58,100	-16,800	-144,700	-39,700	-28,600	-71,300	-103,000	-17,800	-28,500	-49,000	-55,800	-54,200	3,700	-49,300	-16,300	-44,900	-13,600	-9,000	-19,000	-11,200	-13,100	-19,900	-10,500
Cash Flows from Financing Activities
Proceeds from Long-term Lines of Credit
100,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	397,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt repayments
6,300	-	-	-	6,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600	-	100	0	0	-	0	-100	-2,600	-	300	300	0	-	-1,200	0	3,400
Payment of short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,400	800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance cost
-	-	-	-	-	0	0	0	7,600	0	3,000	0	0	0	0	0	3,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt (repayments) borrowings, net
-	-	-	-	-	-	-106,200	-6,300	947,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt borrowings, net
38,100	-	-21,600	-26,200	21,200	-	39,100	-86,600	84,500	-	-10,100	98,800	2,000	-	-57,800	58,300	-48,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends to shareholders
49,500	49,500	45,600	45,700	45,800	45,800	42,100	42,200	42,200	42,100	38,300	38,400	38,800	38,900	34,800	34,800	35,500	36,500	32,300	32,400	32,500	32,600	29,500	29,500	29,600	29,600	26,600	26,600	26,700	51,000	24,400	24,500	22,400	22,400	22,800	23,000	21,900	21,600	21,600	21,500	20,900
Payment of dividends to noncontrolling interest
600	200	8,500	1,600	1,000	100	1,000	1,700	1,100	0	1,200	900	1,400	0	1,500	600	700	2,500	800	1,100	600	0	400	800	500	400	400	300	400	300	300	300	400	200	0	400	300	200	400	200	300
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,300	400	200	500	900	400	300	800	3,400	1,600	1,500	18,300	4,700	200	600	16,400	38,200	1,100	400	9,600
Tax benefit on stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	500	1,300	1,400	1,600	1,300	4,900	1,900	900	1,200	4,400	3,900	2,400	700	8,600	4,200	100	400	3,500	7,300	200	100	2,100
Repurchase of common stock
41,300	0	5,000	20,000	10,000	20,000	10,000	10,000	0	-100	0	40,000	52,600	0	0	45,000	201,800	3,100	0	0	76,000	70,500	11,700	11,800	11,500	0	24,500	6,500	0	20,000	13,500	0	42,100	0	55,500	22,300	59,900	20,400	0	2,900	0
Other, net
-4,700	-3,900	-2,500	-4,800	-1,800	-1,800	-1,400	-1,900	-6,100	-6,300	-300	-100	-3,300	-3,600	-2,100	-500	-2,700	-	-	-	-	-	-	-	-	0	-100	-100	200	-	-200	200	0	-	0	0	100	-	0	100	-100
Net cash (used) provided by financing activities
35,700	-233,300	-89,500	-104,500	-43,700	-198,200	-121,600	-148,700	975,000	-74,400	-65,200	19,400	-94,100	-45,100	-96,200	-22,600	104,500	-204,300	-32,700	-32,800	-109,200	-99,800	-39,800	-40,400	-35,600	-27,000	-50,200	-32,000	-21,700	-64,200	-34,400	-22,500	-40,600	-14,100	-77,700	-44,400	-62,100	97,600	-21,900	-24,000	-6,200
Effect of exchange rate changes on cash and cash equivalents
-10,500	3,200	-2,900	-1,000	2,000	-3,600	-1,200	-9,900	6,500	-3,400	9,100	5,200	7,400	-12,700	-1,600	-11,500	-1,500	-2,300	-14,100	7,700	-12,500	-13,600	-12,300	4,000	1,800	-800	5,100	-4,400	-4,000	700	4,300	-5,500	4,600	-1,000	-8,100	4,000	3,800	1,300	7,100	-2,200	-1,000
Increase in cash and cash equivalents
118,000	-118,000	90,100	4,600	16,300	-39,800	33,700	-21,200	-158,700	-11,400	18,700	-13,300	-56,600	73,100	26,000	17,700	-22,700	-90,300	-10,500	31,000	-240,600	100	56,400	-49,900	-93,400	110,300	43,800	-19,600	-38,800	39,400	61,000	-17,800	-7,200	57,800	1,400	13,500	-23,800	177,900	55,000	23,100	6,200