International seaways, inc. (INSW)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash Flows from Operating Activities:
Net income

21,292

-830

-9,763

-46,454

-48,727

-88,940

-186,618

-160,648

-153,471

-106,088

-73,125

-102,171

-60,046

-18,223

0

0

0

Items included in net income not affecting cash flows:
Depreciation and amortization

74,991

75,653

75,391

75,747

73,733

72,428

74,355

75,566

77,861

78,853

77,646

77,494

78,420

79,885

0

0

0

Amortization of debt discount and other deferred financing costs

6,138

6,920

7,151

7,121

6,727

6,212

5,698

5,144

5,694

6,423

7,150

7,452

6,986

6,643

0

0

0

Deferred financing costs write-off

0

-

-

-

-

-

-

-

-

-

-

-

-

5,097

0

0

0

Stock compensation, non-cash

4,723

4,278

3,871

3,458

3,294

3,162

3,278

3,600

3,697

3,808

3,417

3,223

3,020

2,841

0

0

0

Earnings of affiliated companies

25,665

30,266

31,181

28,020

29,228

29,201

32,004

39,732

44,416

49,427

21,461

20,829

19,496

17,816

0

0

0

Change in fair value of interest rate collar recorded through earnings

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allocated reorganization items, non-cash

-

-

-

-

-

-

-

-

-

-

-

-

-

131

0

0

0

Other - net

-1,718

-1,461

0

0

0

-

-

-

-

-131

0

0

0

-

-

-

0

Items included in net income related to investing and financing activities:
Gain on disposal of vessels and other property, net

2,448

-308

-845

-3,258

5,978

-643

0

0

0

-

-

-

-

39

0

0

0

Discount on repurchase of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Loss on extinguishment of debt

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions from affiliated companies

15,055

13,855

14,069

14,287

39,460

43,622

0

0

0

-

-

-

-

12,166

0

0

0

Payments for drydocking

22,673

19,546

14,091

12,697

7,709

4,520

5,577

8,237

15,619

21,396

24,112

22,604

13,894

9,258

0

0

0

Insurance claims proceeds related to vessel operations

1,863

2,179

1,278

2,548

4,930

5,436

6,084

5,487

3,020

1,964

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Increase in receivables

8,276

-10,778

1,512

12,052

45,120

36,436

15,183

-241

-16,676

-8,730

7,818

12,936

7,396

-8,033

0

0

0

Decrease in payable to OSG

-

-

-

-

-

-

-

-

-

-

-8,804

-7,241

-5,043

-10,667

0

0

0

Decrease in deferred revenue

-

-

-

-

-

-893

-1,673

-1,109

-3,756

-4,730

0

0

0

-

-

-

-

Net change in inventories, prepaid expenses and other current assets and accounts payable, accrued expense, and other current and long-term liabilities

-1,961

404

-19,677

-4,674

1,342

-7,173

10,406

-4,746

-16,526

-15,968

-17,330

-12,100

-9,093

-5,073

0

0

0

Net cash provided by operating activities

101,813

87,486

29,029

21,175

15,965

-12,480

8,152

13,724

1,668

17,395

8,876

19,964

69,849

128,960

0

0

0

Cash Flows from Investing Activities:
Expenditures for vessels and vessel improvements

62,559

36,607

23,528

25,377

149,997

148,946

190,381

283,877

175,049

173,535

0

0

0

-

-

-

-

Proceeds from disposal of vessels and other property

29,450

15,767

52,168

51,878

111,780

169,292

0

0

0

-

-

-

-

-

-

-

-

Expenditures for other property

574

574

1,169

1,077

1,178

1,096

333

352

506

406

1,241

1,267

929

907

0

0

0

Investments in and advances to affiliated companies, net

-2,224

-2,338

-2,892

-2,147

-3,288

-3,679

-4,040

-1,339

-212

731

1,880

104

7

987

0

0

0

Repayments of advances from affiliated companies

-

4,195

9,629

12,910

103,742

100,780

0

0

0

-

-

-

-

-

-

-

-

Net cash (used in)/provided by investing activities

90,041

107,874

39,992

40,481

67,635

123,709

60,682

-33,767

-77,551

-136,798

-124,651

-34,676

3,013

2,452

0

0

0

Cash Flows from Financing Activities:
Issuance of debt, net of issuance and deferred financing costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Extinguishment of debt

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on debt

74,042

49,911

57,545

48,492

111,812

71,610

159,125

99,299

23,091

54,983

-76,444

-26,444

-90,040

-90,065

0

0

0

Cash dividends paid

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Repurchases of common stock

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend payments to OSG

-

-

-

-

-

-

-

-

-

-

-

-

-

202,000

0

0

0

Cash paid to tax authority upon vesting of stock-based compensation

925

369

369

372

281

410

498

505

463

349

261

241

164

26

0

0

0

Other - net

-72

-289

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-218,682

-162,761

-68,659

-54,217

-37,631

-64,191

-18,364

41,666

66,002

98,008

70,018

-151,992

-220,204

-357,258

0

0

0

Net (decrease)/increase in cash, cash equivalents and restricted cash

-26,828

32,599

362

7,439

45,969

47,038

50,470

21,623

-9,881

-21,395

-45,757

-166,704

-147,342

-225,846

0

0

0