| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Net Income | |||||||||
36,600 | 34,300 | 48,900 | 42,300 | 75,100 | 110,200 | 110,200 | 98,100 | 82,600 | 32,300 |
Adjustments to reconcile net income to net cash provided by (used for) operating activities: | |||||||||
Depreciation and amortization | |||||||||
43,300 | 44,000 | 42,800 | 39,100 | 28,900 | 29,700 | 30,200 | 28,000 | 31,300 | 33,900 |
Amortization of deferred financing fees | |||||||||
1,900 | 1,700 | 1,400 | 1,100 | 1,200 | 1,200 | 1,900 | 1,900 | 1,500 | 1,300 |
Deferred income taxes | |||||||||
-6,800 | -3,200 | 8,100 | -7,400 | -1,400 | 1,800 | -9,600 | -13,600 | 8,600 | -1,100 |
Restructuring charges (reversals) | |||||||||
- | - | - | - | - | - | - | - | - | 1,900 |
Gain on the sale of assets | |||||||||
-100 | 300 | 300 | 300 | 0 | 17,800 | 100 | -100 | - | -2,100 |
Asset Impairment Charges | |||||||||
0 | 0 | 4,900 | 0 | 0 | - | - | - | - | - |
Loss on sale of businesses | |||||||||
- | - | - | - | - | - | - | - | - | -4,000 |
Stock-based compensation | |||||||||
8,200 | 5,700 | 8,800 | 4,900 | 2,900 | 6,000 | 14,200 | 1,300 | 0 | 0 |
Loss on debt extinguishment | |||||||||
- | - | - | - | - | - | -2,800 | 0 | 0 | - |
Dividends from unconsolidated affiliates | |||||||||
5,100 | 22,200 | 2,800 | 5,100 | 2,500 | 0 | 6,800 | 4,500 | 2,300 | - |
Other non-current liabilities | |||||||||
-5,500 | -9,400 | 4,800 | -6,000 | 3,800 | 700 | 8,500 | -2,400 | -13,800 | -22,700 |
Other | |||||||||
-20,400 | -8,800 | 13,300 | 15,100 | -1,000 | -300 | -6,000 | 9,000 | -10,100 | 8,900 |
Working capital changes: | |||||||||
Accounts receivable | |||||||||
9,600 | -58,000 | 44,000 | 27,500 | -6,200 | 8,500 | 42,000 | -27,200 | 59,300 | 91,900 |
Inventories | |||||||||
37,900 | 125,400 | 43,600 | 14,900 | -6,200 | 28,800 | 27,100 | -400 | 37,800 | 83,100 |
Other current assets | |||||||||
1,200 | -1,300 | 1,000 | 3,200 | 600 | -1,000 | 2,100 | 1,800 | 700 | 3,800 |
Accounts payable | |||||||||
1,900 | 23,300 | 125,100 | -53,800 | -39,300 | 4,700 | 56,200 | -5,000 | 14,600 | 150,600 |
Other current liabilities | |||||||||
20,200 | 6,600 | 19,300 | -13,200 | 2,900 | -500 | -3,000 | -1,000 | 15,200 | 36,700 |
Net cash provided by (used for) operating activities | |||||||||
76,700 | 67,600 | 164,700 | -48,900 | 89,400 | 100,000 | 152,900 | 128,700 | 54,600 | 47,500 |
Investing Activities | |||||||||
Expenditures for property, plant and equipment | |||||||||
49,700 | 38,800 | 41,000 | 42,700 | 46,600 | 48,500 | 36,500 | 19,800 | 16,500 | 12,100 |
Proceeds from the sale of assets | |||||||||
7,700 | 5,900 | 1,300 | 13,700 | 14,400 | 8,700 | 500 | 300 | 500 | 600 |
Investments in equity securities | |||||||||
0 | 0 | 5,600 | 0 | 0 | - | - | - | - | - |
Business acquisitions, net of cash acquired | |||||||||
0 | 78,000 | 1,000 | 116,100 | - | 3,900 | 0 | 0 | - | - |
Business acquisition, purchase price adjustment | |||||||||
- | - | - | - | 900 | 0 | 0 | - | - | - |
Proceeds from the sale of businesses | |||||||||
- | - | - | - | - | - | - | - | - | 3,000 |
Payments for (Proceeds from) Other Investing Activities | |||||||||
- | - | - | - | - | 700 | -9,900 | 0 | -100 | 0 |
Purchase of noncontrolling interest | |||||||||
0 | 0 | 1,000 | 0 | 0 | - | - | - | - | - |
Net Cash Provided by (Used in) Investing Activities | |||||||||
-42,000 | -110,900 | -47,300 | -145,100 | -31,300 | -44,400 | -26,100 | -19,500 | -15,900 | -8,500 |
Financing Activities | |||||||||
Additions to long-term debt | |||||||||
67,600 | 71,500 | 265,600 | 40,100 | 46,400 | 31,100 | 33,900 | 151,900 | 16,600 | 17,000 |
Reductions of long-term debt | |||||||||
92,100 | 143,700 | 75,900 | 56,500 | 35,000 | 37,100 | 154,200 | 243,000 | 21,700 | 37,600 |
Net change to revolving credit agreements | |||||||||
5,300 | -6,500 | 111,700 | -115,400 | 0 | 38,300 | -38,500 | 0 | 4,200 | -4,300 |
Cash dividends paid | |||||||||
21,000 | 20,400 | 19,800 | 19,200 | 18,400 | 17,800 | 16,700 | 37,800 | 0 | 0 |
Payments of Ordinary Dividends, Noncontrolling Interest | |||||||||
200 | 300 | 300 | 200 | 0 | 0 | - | - | - | - |
Cash dividends paid to NACCO | |||||||||
- | - | - | - | - | - | - | 5,000 | 10,000 | 5,000 |
Financing fees paid | |||||||||
400 | 600 | 4,700 | 1,700 | 0 | 0 | 2,900 | 6,800 | 0 | 3,100 |
Stock issuance costs | |||||||||
- | - | - | - | - | - | - | 1,500 | 0 | 0 |
Payments for Repurchase of Common Stock | |||||||||
- | - | - | - | - | 48,200 | 3,000 | 2,200 | 0 | 0 |
Proceeds from (Payments for) Other Financing Activities | |||||||||
-200 | -600 | -100 | 0 | -100 | -200 | 0 | 0 | -200 | 0 |
Net cash provided by (used for) financing activities | |||||||||
-51,600 | -87,600 | 53,100 | 77,900 | -7,100 | -110,500 | -104,400 | -144,400 | -19,500 | -24,400 |
Effect of exchange rate changes on cash | |||||||||
-2,200 | -5,500 | 6,400 | 4,200 | -7,300 | -9,400 | 2,000 | 1,600 | -3,800 | -8,300 |
Cash and Cash Equivalents | |||||||||
Decrease for the period | |||||||||
-19,100 | -136,400 | 176,900 | -111,900 | 43,700 | -64,300 | 24,400 | -33,600 | 15,400 | 6,300 |