Kaman corporation (KAMN)
CashFlow / TTM
Apr'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Net earnings

0

209,829

45,918

52,600

54,228

54,169

44,389

59,237

57,601

49,826

51,156

52,331

55,368

58,854

52,501

52,270

57,466

60,438

72,994

71,567

66,585

65,780

59,775

62,673

63,856

59,066

56,694

52,783

51,009

52,947

48,738

46,919

44,828

49,928

0

0

0

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

145,772

153,383

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from operating activities:
Adjustments to reconcile net earnings from continuing operations to net cash provided by operating activities of continuing operations:
Depreciation and amortization

29,241

25,854

26,103

26,049

23,336

27,875

16,549

20,270

27,293

27,388

42,729

42,952

43,229

43,393

40,955

39,348

37,731

36,181

37,710

37,876

37,443

36,209

34,143

32,943

32,056

31,555

31,458

30,352

29,133

28,165

27,033

25,704

24,536

23,168

0

0

0

Amortization of debt issuance costs

2,027

1,996

1,852

1,813

1,818

1,806

1,805

1,810

2,075

2,014

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of convertible notes discount

2,793

2,760

2,729

2,661

2,628

2,596

2,575

2,601

3,494

3,410

3,315

3,177

2,171

2,144

2,117

2,089

2,062

2,035

2,008

1,982

1,957

1,931

1,906

1,881

1,856

1,833

1,808

1,785

1,762

1,738

1,745

1,722

1,700

1,679

0

0

0

Provision for doubtful accounts

857

788

481

744

582

767

673

462

778

746

2,357

2,474

2,680

2,635

790

1,263

1,284

1,694

2,537

1,604

1,468

853

427

904

661

1,286

1,456

997

876

530

1,413

1,904

1,492

1,337

0

0

0

Gain (Loss) on Disposition of Business, Non Cash

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of assets

-292

-237

-879

-493

1,033

1,031

1,373

1,615

74

31

216

-20

-19

-11

-97

-63

383

328

410

345

-146

-233

-270

-215

-177

-142

-189

-242

-213

-110

-240

-201

-243

-269

0

0

0

Net loss on derivative instruments

-1,038

-302

-736

-365

-1,467

-829

-305

322

1,450

1,126

565

-82

-566

-1,007

-939

-916

-817

-579

-879

-1,033

-1,120

-1,071

-663

-264

-88

-178

10

18

61

427

-115

104

-255

-279

0

0

0

Stock compensation expense

4,732

4,669

5,231

5,738

5,599

5,484

4,207

4,498

4,976

4,902

5,892

5,771

5,573

5,686

5,795

5,986

6,282

6,388

6,408

6,142

5,697

5,411

5,224

5,201

5,100

4,973

5,112

5,349

5,355

5,865

5,895

5,732

6,718

6,806

0

0

0

Excess tax benefit from share-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

305

212

329

327

392

414

480

834

959

982

817

543

513

795

825

883

757

423

880

779

0

0

0

Deferred income taxes

2,526

182

-4,003

-2,715

6,751

7,834

29,362

28,884

27,219

27,718

10,385

14,987

12,560

7,928

4,713

1,784

-2,209

-1,281

-9,236

-5,199

-1,383

1,434

8,988

5,510

6,676

2,938

1,504

-2,102

-2,523

-1,125

828

3,036

5,474

5,472

0

0

0

Changes in assets and liabilities, excluding effects of acquisitions/divestitures:
Accounts receivable

73,387

8,173

56,232

4,930

-58,677

6,020

-42,968

-12,415

49,179

69,431

33,304

4,709

13,312

778

9,038

29,927

26,030

-4,556

-19,212

-17,476

-15,542

23,876

30,716

14,895

16,576

22,565

-703

-4,437

-16,344

-27,963

-7,446

15,248

1,988

4,802

0

0

0

Increase (Decrease) in Contract with Customer, Asset

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract assets

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract costs

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

31,051

25,129

29,306

26,117

10,202

-7,135

-3,348

-19,966

-16,259

-22,363

-10,476

-4,512

2,019

11,891

2,548

8,059

1,534

2,928

-782

-12,848

-11,243

-30,181

-13,531

-6,506

-6,890

19,707

17,255

23,265

21,577

18,690

18,643

23,662

21,407

12,502

0

0

0

Income tax refunds receivable

7,980

6,296

-2,561

1,717

2,151

-1,136

3,518

-1,346

-5,764

-3,180

-2,073

3,410

5,200

2,474

-913

1,496

428

3,463

164

-302

5

-2,292

235

307

0

2,297

0

0

0

-

-

-

0

-1,893

0

0

0

Operating Right-of-Use Assets

-3,408

-3,390

-2,388

-2,140

-1,205

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

4,363

6,108

3,534

859

-9

2,944

-2,112

-2,122

1,353

-3,458

-1,504

-2,578

-4,601

-4,859

-5,869

-2,317

1,152

2,823

8,917

7,463

1,642

2,560

-1,606

-1,677

1,504

-1,299

2,194

3,477

1,066

-4,956

713

-2,054

-1,942

-6,861

0

0

0

Accounts payable - trade

10,295

14,034

14,231

8,970

-2,046

10,807

10,085

4,822

22,274

7,432

-5,647

-8,981

-8,694

693

-12,387

-39

-1,325

4,697

19,732

12,881

14,461

-3,858

11,445

7,815

9,291

12,170

-4,047

7,226

-4,658

211

-3,078

2,758

-1,335

1,358

0

0

0

Contract liabilities

-23,782

-26,638

-15,548

16,529

19,331

96,430

95,100

75,015

75,986

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued contract losses

-

-

-

-

-

-

-

-

-

-

-

-

-

745

442

806

329

2

-258

-757

-1,272

-1,899

-2,017

-2,450

-1,719

-969

349

518

-453

-435

0

0

0

-

0

0

0

Operating Lease Liabilities

-3,506

-3,423

-2,256

-2,115

-1,100

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances on contracts

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Other current liabilities

342

6,085

4,313

-696

5,499

-374

3,748

854

-2,814

2,967

-3,301

-9,572

-2,823

2,078

10,863

16,458

7,629

-2,173

-10,653

-7,472

2,524

6,746

3,167

474

-13,401

-10,187

-7,199

-1,479

6,553

-15,806

-7,991

-9,068

-12,065

-19,798

0

0

0

Income taxes payable

8,840

7,888

15,753

-13

-2,566

-2,393

-6,144

-1,901

-2,295

212

4,153

148

1,440

351

-2,904

-1,408

-8,121

-2,403

5,961

3,340

9,075

4,455

-738

653

-580

-2,024

-2,684

-3,858

-4,794

-749

-1,140

684

-624

42

0

0

0

Pension liabilities

-9,760

4,170

1,134

-12,205

-25,198

-38,179

-35,972

-24,893

-12,722

-11,318

-11,300

-9,850

-9,847

-9,087

-7,393

-5,699

-3,999

-2,300

-2,175

-4,198

-5,146

-6,380

-6,340

-9,198

-9,523

-3,118

-3,309

-2,634

-567

56

-1,285

-6,070

-6,338

-14,150

0

0

0

Increase (Decrease) in Other Noncurrent Liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

5,446

3,110

2,829

2,780

-628

-2,158

-2,124

-954

-1,036

294

-659

-193

-405

-722

-633

-4,345

-1,035

-451

-604

2,393

1,169

-1,039

-422

1,179

1,448

2,687

908

34

-3,200

0

0

0

Net Cash Provided by Operating Activities of Continuing Operations

-50,602

42,488

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109,089

0

0

0

-

-

-

-

85,824

0

0

0

-

-

-

-

Net Cash (Used in) Provided by Operating Activities of Discontinued Operations

-35,276

-50,288

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,902

0

0

0

-

-

-

-

-4,854

0

0

0

-

-

-

-

Net cash provided by operating activities

-85,878

-7,800

38,965

70,354

128,091

162,368

163,449

173,801

155,247

79,885

81,525

82,181

83,531

107,707

95,696

87,581

82,604

109,584

146,337

141,400

150,864

106,187

81,394

88,497

85,540

62,948

68,201

72,064

70,179

80,970

67,423

34,196

35,033

44,843

0

0

0

Cash flows from investing activities:
Proceeds from sale of assets

142

196

554

517

2,100

2,138

1,344

1,630

67

191

524

278

312

201

249

344

810

719

671

527

61

39

17

80

95

100

107

177

325

333

450

362

314

355

0

0

0

Proceeds from Divestiture of Businesses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Sales of Business, Affiliate and Productive Assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expenditures for property, plant & equipment

22,828

22,447

22,292

22,048

20,260

21,504

14,759

13,645

17,023

18,010

25,725

29,625

29,562

29,777

30,728

31,805

30,361

29,932

29,236

23,707

23,818

28,283

32,911

37,636

40,671

40,852

42,944

42,690

38,940

32,386

28,960

27,249

26,885

28,816

0

0

0

Payments to Acquire Businesses, Net of Cash Acquired

0

-

-

-

0

-

-

-

-

-

-

-

-

6,631

196,006

195,377

190,360

201,252

12,477

13,656

88,414

77,618

75,246

88,502

18,322

18,162

0

0

0

-

-

-

-

77,672

0

0

0

Other, net

3,409

4,463

3,811

4,103

3,539

3,172

3,734

3,580

2,877

3,656

3,309

2,006

1,947

1,376

1,889

1,740

2,069

2,143

1,551

1,547

1,980

2,060

2,868

2,756

2,829

2,305

6,155

6,402

6,054

5,920

642

411

2,204

-17

0

0

0

Net Cash Used in Investing Activities of Continuing Operations

330,309

628,316

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-100,059

0

0

0

-

-

-

-

-116,851

0

0

0

-

-

-

-

Net Cash Used in Investing Activities of Discontinued Operations

-7,519

-9,838

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

0

0

0

-

-

-

-

-1,013

0

0

0

-

-

-

-

Net cash used in investing activities

322,790

618,478

620,148

-31,810

-31,441

-29,961

-32,366

-29,499

-30,193

-31,835

-29,875

-33,668

-37,764

-37,583

-228,374

-228,578

-221,980

-232,608

-34,729

-30,515

-106,288

-100,056

-111,062

-128,872

-61,780

-61,275

-65,422

-126,042

-124,557

-117,864

-177,270

-110,913

-105,936

-106,132

0

0

0

Cash flows from financing activities:
Net borrowings (repayments) under revolving credit agreements

171,100

-38,500

-46,860

-10,004

-55,879

-98,087

-91,936

-93,940

-141,556

-75,988

-75,967

-82,607

-10,430

-15,147

173,357

184,765

161,677

143,025

-94,481

-100,464

-8,716

15,788

59,582

71,508

-8,100

22,720

-53,422

1,332

2,265

-11,348

129,721

92,897

89,510

62,021

0

0

0

Debt repayment

75,000

76,875

78,750

8,125

7,500

7,500

7,500

7,500

7,500

6,875

6,250

5,625

5,000

5,000

5,000

5,000

82,500

83,750

87,500

88,750

12,500

10,000

10,000

7,500

7,500

10,000

36,250

37,500

36,250

35,000

5,000

5,000

5,000

5,000

0

0

0

Net change in bank overdraft

195

886

1,015

-433

-1,815

-279

549

266

180

-37

-2,037

803

1,089

275

3,502

-801

-982

-3,462

-3,862

-2,722

-7,734

1,568

-11,602

-12,295

-5,546

-9,878

-788

-3,970

472

-2,698

-3,160

3,797

3,767

4,372

0

0

0

Proceeds from exercise of employee stock awards

19,612

19,676

9,519

5,623

6,183

7,351

8,392

7,963

8,404

7,370

7,865

9,129

8,847

9,533

7,926

6,679

6,284

4,856

5,048

5,034

5,202

6,411

7,718

8,318

6,971

6,333

5,822

7,553

7,690

7,550

6,651

4,108

5,727

5,458

0

0

0

Purchase of treasury shares

41,181

30,060

19,288

13,517

17,629

19,278

16,617

17,658

13,463

11,552

11,734

9,488

12,054

13,792

13,183

15,696

16,592

12,836

8,650

4,172

837

853

845

843

718

644

644

718

687

733

2,944

7,100

6,720

5,583

0

0

0

Dividends paid

22,360

22,343

22,354

22,360

22,358

22,349

22,321

22,299

22,150

21,462

20,777

20,078

19,520

19,510

19,511

19,534

19,556

19,026

18,476

17,906

17,329

17,286

17,235

17,181

17,133

17,091

17,051

16,997

16,940

16,882

16,838

16,090

15,540

15,199

0

0

0

Debt and equity issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

715

0

0

0

Windfall tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

305

212

329

327

392

414

480

834

959

982

817

543

513

795

825

883

757

423

880

779

0

0

0

Other, net

-1,457

-1,413

-1,366

-1,227

-1,069

-1,003

-873

-727

-674

-523

-451

-390

-346

-318

-327

-309

-290

-198

-117

-52

0

0

51

51

51

0

-1

-51

-51

0

-74

-207

-246

-660

0

0

0

Net Cash Provided by Financing Activities of Continuing Operations

46,825

-152,713

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,538

0

0

0

-

-

-

-

39,640

0

0

0

-

-

-

-

Net Cash (Used in) Provided by Financing Activities of Discontinued Operations

5,016

7,967

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-1,067

0

0

0

-

-

-

-

Net cash provided by (used in) financing activities

51,841

-144,746

-153,802

-47,502

-97,333

-141,362

-139,948

-144,926

-122,428

-54,736

-42,712

-41,391

-37,584

-43,959

147,069

150,316

147,022

127,588

-108,994

-109,966

-41,434

-3,538

28,530

42,942

-31,256

-8,115

-4,213

47,616

54,381

38,573

107,212

73,079

71,299

44,379

0

0

0

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect

288,753

465,932

505,311

-8,958

-683

-8,955

-8,865

-624

2,626

-6,686

8,938

7,122

8,183

26,165

14,391

9,319

7,646

4,564

2,614

919

3,142

2,593

-1,138

2,567

-7,496

-6,442

-1,434

-6,362

3

1,679

-2,635

-3,638

396

-16,910

0

0

0

Effect of exchange rate changes on cash and cash equivalents

183

-269

291

291

-1,011

-238

-342

498

2,740

2,385

940

434

-1,532

-1,422

-419

-633

320

-513

-795

-1,071

-1,062

-566

-154

402

374

233

245

-30

-490

-71

-344

-1,001

-480

-337

0

0

0

Value of common shares issued for unwind of warrant transactions

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-