HORIZON GLOBAL CORP HZN Cash Flow

Horizon global corp (HZN)

CashFlow / TTM

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
Cash Flows from Operating Activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
88,100	79,510	64,510	-113,740	-172,760	-204,900	-179,060	-139,500	-52,370	-4,770	-6,180	-12,370	-25,010	-12,660	0	0	0	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Adjustments to reconcile net loss from continuing operations to net cash provided by (used for) operating activities:
Net loss (gain) on dispositions of property and equipment
-730	780	-190	-360	-660	-2,210	-1,410	-1,600	-1,400	-1,220	-350	-50	-360	-540	-790	-820	-2,280	-2,120	0	0	0
Depreciation
16,120	15,940	14,900	13,410	11,510	12,330	14,060	16,660	15,830	14,930	13,050	11,780	10,910	10,260	9,650	9,650	9,780	9,740	0	0	0
Amortization of intangible assets
5,420	5,750	7,410	7,570	7,920	8,250	8,390	9,590	10,070	10,410	10,140	9,280	8,740	7,960	7,280	7,260	7,270	7,340	0	0	0
Impairment of Intangible Assets, Finite-lived
-	-	-	-	-	126,770	125,770	99,130	43,430	0	0	0	0	-	-	-	-	-	-	-	-
Amortization of original issuance discount and debt issuance costs
20,990	22,060	20,850	14,360	11,860	8,330	7,900	7,570	7,490	6,940	5,790	4,400	3,020	2,090	1,890	1,760	1,290	830	0	0	0
Deferred income taxes
-9,030	-7,280	1,100	2,940	3,630	1,120	-4,310	-2,920	-3,550	-100	-6,090	-7,090	-7,070	-8,430	-1,800	-6,270	-3,100	-4,920	0	0	0
Non-cash compensation expense
2,220	2,150	1,910	1,280	1,180	1,550	2,300	3,010	3,420	3,630	3,780	3,860	3,930	3,860	3,620	3,090	2,430	2,530	0	0	0
Paid-in-kind interest
11,290	9,720	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-4,640	-4,640	-4,640	-4,640	0	0	0	0	-	-	-	-
Increase in receivables
-22,880	-19,290	-4,680	14,470	21,570	22,590	13,130	9,610	6,040	9,540	15,360	11,770	-2,150	-4,740	-2,400	-1,780	5,070	5,460	0	0	0
Decrease (increase) in inventories
-30,700	-8,380	10,650	18,100	8,510	6,940	4,160	11,610	14,910	17,710	17,190	7,460	2,670	-10,650	-14,560	-16,650	-13,390	30	0	0	0
Increase in prepaid expenses and other assets
2,350	2,990	-2,310	-3,780	-3,280	-6,230	930	-1,950	-2,330	-1,410	1,140	3,750	4,830	6,300	-380	-190	1,000	-140	0	0	0
Increase in accounts payable and accrued liabilities
-28,770	-30,140	2,370	-22,470	-1,380	-9,520	-6,470	17,590	18,500	3,540	-1,100	7,520	8,150	6,300	-7,030	-9,610	-6,770	5,870	0	0	0
Other, net
-2,950	11,350	15,010	1,480	15,870	3,990	160	490	1,960	860	-1,670	-1,520	-1,510	-1,360	510	490	-690	-450	0	0	0
Net cash provided by (used for) operating activities for continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for operating activities
-	-	-	-	-	-	-	-6,610	24,060	14,160	5,580	13,410	18,870	35,410	41,630	41,210	30,200	26,910	0	0	0
Cash Flows from Investing Activities:
Capital expenditures
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures
-	-	-	-	-	11,260	16,680	21,740	23,970	27,290	24,720	21,210	18,630	14,540	12,010	10,850	9,420	8,320	0	0	0
Proceeds from Divestiture of Businesses
209,600	214,570	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from sale of business
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from disposition of property and equipment
-	-	-	-	-	-	-	5,550	6,330	6,350	1,310	1,170	440	470	-20	280	1,530	1,510	0	0	0
Net proceeds from disposition of property and equipment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used for) provided by investing activities for continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-	-	-	-	-	-	-	-35,990	-37,440	-40,740	-137,580	-114,410	-112,560	-108,440	-12,030	-10,570	-7,890	-6,810	0	0	0
Cash Flows from Financing Activities:
Proceeds from borrowings on credit facilities
800	13,450	24,610	34,850	33,770	23,380	27,890	54,720	54,810	52,310	38,630	2,880	18,760	41,820	59,080	85,400	112,810	119,340	0	0	0
Repayments of borrowings on credit facilities
7,290	7,490	20,650	20,690	28,950	28,520	23,670	56,690	49,710	50,910	42,800	5,810	18,070	40,200	62,500	90,760	112,580	118,890	0	0	0
Proceeds from Second Lien Term Loan, net of issuance costs
-20	35,500	35,520	80,950	80,950	45,430	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of borrowings on First Lien Term Loan, inclusive of transaction costs
165,950	173,430	176,030	15,240	14,620	9,090	8,430	7,900	7,860	189,760	190,320	190,800	191,350	10,000	10,000	10,000	7,500	5,000	0	0	0
Proceeds from ABL revolving debt, net of issuance costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from ABL revolving debt, net of issuance costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of borrowings on ABL revolving debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from ABL Revolving Debt, net of issuance costs
-	-	-	-	-	-	-	122,810	128,580	139,100	127,700	118,900	118,530	118,430	124,450	131,330	108,820	57,120	0	0	0
Repayments of borrowings on ABL Facility
-	-	-	-	-	36,380	69,430	80,210	108,580	129,100	114,500	108,900	123,530	118,430	126,880	131,360	86,130	59,430	0	0	0
Proceeds from issuance of Series A Preferred Stock
0	5,340	5,340	5,340	5,340	0	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Proceeds from issuance of Convertible Notes, net of issuance costs
-	-	-	-	-	-	-	-	-	121,130	121,130	120,950	120,940	0	0	0	0	-	-	-	-
Proceeds from issuance of Warrants
-110	5,270	5,380	5,380	5,380	0	0	0	0	20,930	20,930	20,930	20,930	0	-27,630	-27,630	-28,610	0	0	0	0
Payments on Convertible Note Hedges, inclusive of issuance costs
-	-	-	-	-	-	-	-	-	-	0	0	29,680	-	0	0	0	-	-	-	-
Other, net
50	100	-100	-190	-200	-390	-300	-210	-200	-240	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities for continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations:
Net cash used for discontinued investing activities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for discontinued investing activities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by discontinued financing activities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used for) provided by discontinued operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Net cash provided by financing activities
-	-	-	-	-	-	-	31,060	7,230	3,700	109,880	108,930	105,350	100,500	-16,180	-15,800	-7,500	-910	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
150	530	130	260	-660	-110	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) for the period
22,450	-15,880	-10,950	-12,130	-1,280	-1,920	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	2,210	1,170	600	-210	-750	-130	-850	-1,250	-1,390	0	0	0
Increase (decrease) for the year
-	-	-	-	-	-	-	-	-	-20,670	-20,950	8,530	11,450	26,720	13,290	13,990	13,560	17,800	0	0	0
Supplemental disclosure of cash flow information:
Cash paid for interest
16,590	20,060	24,930	22,830	20,830	18,630	17,610	14,600	14,350	14,270	16,240	17,040	17,930	17,330	15,290	15,160	11,520	7,870	0	0	0
Cash paid for taxes, net of refunds
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for taxes
-	-	-	-	-	-	3,800	6,790	8,420	7,740	0	0	0	-	-	-	-	-	-	-	-