KOPPERS HOLDINGS INC. KOP Cash Flow

Koppers holdings inc. (KOP)

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 (used in) provided by operating activities:
Net (loss) income
-2,500	20,200	20,400	14,300	12,500	-2,400	6,900	1,000	23,700	-13,800	19,900	19,800	4,600	6,300	11,900	11,300	-1,800	-88,800	9,100	7,900	-4,200	-35,800	-4,200	700	-100	-5,600	19,500	14,700	11,500	14,200	16,200	20,900	15,900	-14,000	22,700	19,900	9,000	5,200	15,800	16,100	7,400
Adjustments to reconcile net cash (used in) provided by operating activities:
Depreciation and amortization
14,500	-	-	-	14,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in derivative liability
-8,400	-	-	-	3,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
2,500	3,100	3,100	3,000	2,900	3,200	3,300	3,100	2,900	2,800	2,800	2,700	2,300	3,200	2,300	2,300	1,100	700	1,100	1,300	700	100	1,400	2,000	1,200	-400	1,900	1,400	1,400	1,800	1,900	1,700	1,500	1,600	1,500	1,400	800	800	700	900	900
Non-cash interest expense
700	700	700	600	600	600	600	700	500	600	500	500	500	900	900	3,000	900	900	900	900	900	800	2,600	400	400	500	400	400	400	500	400	400	400	400	400	400	400	400	500	700	100
Loss on sale of assets
-	-	-	-	-	-6,100	-900	-1,200	-100	-1,400	0	100	1,300	2,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-300	-300	1,600
Deferred income taxes
-1,900	-8,200	-3,100	0	400	4,100	600	4,500	-100	800	600	100	100	400	-800	200	100	-15,200	-200	1,000	-1,600	5,700	3,400	600	-7,200	8,400	9,300	1,100	700	300	3,300	2,400	2,000	-15,500	2,000	2,000	200	1,100	3,200	-300	1,000
Depreciation and amortization
-	-	-	-	-	12,300	13,000	13,700	11,800	14,800	12,100	11,700	11,200	10,900	13,800	13,100	15,100	13,800	12,500	18,300	14,400	14,200	11,200	9,700	8,900	7,900	7,200	7,300	7,300	6,500	6,700	7,600	6,800	28,000	7,100	6,900	6,800	7,700	7,000	6,600	6,800
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,600	1,400	2,400	3,300	0	0	0	4,700	11,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	0	0	0	-13,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance proceeds
0	0	0	1,600	1,400	0	800	700	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity loss, net of dividends received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-300	-200	-500	-900	-1,100	-600	-500	-700	-500	-400	0	400	0	200	200	-100	100	300	500	0	100	100	0	-	-	-	-
Change in other liabilities
-5,000	-14,300	-3,100	-3,400	-3,200	-16,400	-2,500	-2,300	-1,400	-2,500	-11,900	-4,400	-2,300	2,600	-2,400	-2,500	-2,700	-1,700	-3,900	-600	700	600	-2,700	-5,400	-2,800	-2,200	-5,600	-5,000	-3,600	-2,900	-3,500	-7,200	2,400	9,900	-3,400	-1,000	1,200	3,100	-3,200	-1,600	-800
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-700	-700	29,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
-4,200	-1,000	-300	-600	700	400	-1,100	-2,200	-3,200	2,800	-2,000	-1,200	1,200	1,400	-500	-4,800	2,000	-3,500	-4,200	4,300	-1,800	-2,500	2,100	-400	-200	100	-1,000	500	-100	900	-800	1,200	-200	100	-100	3,000	0	-400	-1,100	500	200
Changes in working capital:
Accounts receivable
21,000	-22,000	-28,800	27,100	-1,700	-28,600	6,900	-12,300	41,700	-21,600	-1,600	11,400	27,800	-30,600	-1,600	9,200	10,300	-42,900	-1,700	13,600	-3,100	-29,000	15,300	2,400	-2,100	-20,800	11,800	-6,600	12,700	-11,200	-23,300	6,200	28,500	-17,600	-3,900	14,900	39,800	-16,100	-500	13,300	22,400
Inventories
-8,600	21,400	-700	-6,400	500	-2,000	-5,800	15,400	10,700	9,800	-5,900	-13,100	8,500	17,100	-7,800	-11,200	5,200	18,000	-9,200	300	-4,800	18,900	-6,700	-4,800	6,600	3,900	-19,800	-3,800	-1,900	-3,400	-1,100	14,300	16,700	-7,600	9,800	-12,900	5,600	4,400	-12,000	900	-1,500
Accounts payable
-6,700	42,600	-15,200	-400	-30,100	13,100	-5,300	20,600	2,400	800	-16,200	9,600	-7,800	4,100	-3,900	-2,200	7,000	-9,200	-10,000	20,000	24,200	-4,500	9,700	1,000	-16,800	12,900	-7,800	2,300	-2,500	-6,800	-5,800	19,000	-6,500	5,800	-5,300	3,300	11,500	2,800	-7,900	8,000	6,800
Accrued liabilities
-11,800	700	9,200	-1,500	-4,500	11,600	-9,600	-8,800	-20,200	32,300	-9,400	18,100	-9,800	-7,000	12,100	8,900	-5,600	10,400	-2,600	-5,700	-21,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other working capital
7,200	1,100	800	-8,000	3,500	-7,200	2,200	0	-500	-3,700	-500	5,500	-2,600	-100	-2,700	5,300	-1,400	-18,300	6,800	-1,500	4,000	-1,100	-8,300	7,200	-2,300	4,100	-13,600	17,600	-1,400	5,000	-7,000	3,600	-7,200	8,900	200	-7,500	-6,000	-7,900	-3,000	600	-16,300
Net cash used in operating activities
-17,200	58,300	55,600	15,700	-14,300	70,300	4,900	32,100	-29,000	53,300	17,200	55,400	-24,100	37,000	48,200	31,800	2,500	32,600	17,000	58,400	19,700	24,700	19,500	5,000	-13,700	52,000	45,600	14,300	5,700	23,300	51,100	19,200	-15,800	32,400	18,700	35,300	-9,500	41,000	31,700	16,400	16,200
Cash (used in) provided by investing activities:
Capital expenditures
10,600	10,400	8,300	7,500	11,000	28,300	27,800	31,100	22,500	18,900	14,400	19,300	14,900	17,700	10,900	12,700	8,600	14,300	9,100	10,300	7,000	24,800	23,400	20,800	14,800	43,500	13,700	9,300	6,400	13,100	6,500	5,900	3,400	13,600	7,400	7,800	4,400	16,200	6,000	5,200	2,500
Acquisitions, net of cash acquired
-	-	-	-	-	0	-100	201,200	62,900	0	0	0	0	-	-	-	-	0	0	0	15,300	0	466,900	0	29,600	2,300	0	0	0	-	-	-	-	-400	0	400	600	15,600	-2,400	0	22,300
Insurance proceeds received
0	0	0	1,600	1,400	0	800	700	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments received on loan
-	-	-	-	-	-	-	-	-	0	0	0	9,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by divestitures and asset sales
0	100	-200	200	300	-6,500	800	1,200	300	400	300	300	500	700	-5,100	300	300	200	2,200	200	12,300	200	100	0	0	500	1,500	700	200	100	300	200	200	100	600	100	0	100	200	0	1,700
Net cash used in investing activities
-10,600	-10,300	-8,500	-5,700	-9,300	-34,800	-26,100	-230,400	-85,100	-18,500	-14,100	-19,000	-4,900	-17,000	-16,000	-12,400	-8,300	-14,100	-6,900	-10,100	-10,000	-24,600	-490,200	-20,800	-44,400	-45,300	-12,200	-8,600	-6,200	-24,800	-6,200	-5,700	-3,200	-24,800	-6,800	-8,100	-5,000	-31,700	-3,400	-5,200	-23,100
Cash provided by (used in) financing activities:
Net increase in credit facility borrowings
54,100	-56,100	-40,000	1,000	34,000	-47,900	47,700	118,200	116,900	-19,800	6,700	-13,300	80,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings of revolving credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	167,600	177,100	113,200	146,700	165,800	151,500	148,100	51,800	382,700	70,500	67,500	0	11,600	49,800	36,500	33,500	56,900	70,900	98,100	52,800	47,700	41,400	76,100	13,200	42,500	70,600	25,800
Repayments of revolving credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	189,700	185,100	103,100	154,900	188,200	166,300	176,500	62,200	192,100	61,200	52,500	0	16,700	44,700	36,500	34,900	73,900	71,000	86,000	61,400	47,200	51,400	51,600	13,200	56,500	75,500	46,900
Borrowings of long-term debt
-	-	-	-	-	0	0	99,700	300	0	0	0	500,000	0	0	0	0	-	-	-	-	-5,900	317,700	9,000	22,200	6,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long-term debt
2,600	2,500	8,500	6,100	12,600	7,400	2,500	6,300	4,100	5,300	0	2,900	538,500	8,300	8,400	7,500	7,500	18,200	7,500	8,400	6,600	0	0	0	0	-	-	-	-	-	-	-	-	0	0	100	900	100	0	0	100
Issuances of Common Stock
200	3,000	400	300	300	400	300	900	1,300	800	0	300	1,600	-100	400	100	0	-	-	-	-	-	-	-	-	0	0	0	200	700	200	0	600	100	0	0	200	100	0	0	0
Repurchases of Common Stock
1,200	0	0	0	900	100	24,300	0	7,400	100	-100	3,900	1,300	0	0	0	300	0	0	0	300	0	0	0	2,000	0	15,900	0	1,600	-100	6,500	0	1,700	100	0	0	200	0	0	0	900
Payment of debt issuance costs
200	100	0	900	0	0	0	1,800	1,100	0	0	0	11,000	0	0	1,400	0	0	0	900	100	0	11,100	0	0	100	0	100	1,100	0	100	0	0	0	0	0	500	0	0	300	100
Dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,900	6,800	5,200	5,000	5,200	5,000	5,800	5,100	5,200	5,000	5,000	5,000	5,000	4,500	4,600	4,500	4,600	4,500	4,600	4,500	9,500	4,500
Net cash provided by financing activities
50,300	-55,700	-48,100	-5,700	20,800	-55,000	21,200	210,700	105,900	-24,400	6,800	-19,800	31,500	-18,100	-30,100	-16,800	2,300	-27,100	-29,700	-24,400	-42,200	-21,500	492,200	15,200	30,200	1,200	-26,100	2,100	-7,500	-300	-28,400	-5,100	6,500	-13,200	-4,000	-14,700	18,600	-4,400	-18,500	-14,700	-26,700
Effect of exchange rate changes on cash
-900	0	-400	-400	400	-2,400	0	-2,100	100	-300	300	0	100	1,200	-800	-1,800	-2,700	-2,600	1,400	1,500	7,200	-2,600	-800	300	400	1,900	1,900	-1,300	-2,000	-400	2,100	-700	1,000	500	-2,300	600	1,100	-2,700	5,200	-1,900	-1,300
Change in cash and cash equivalents of discontinued operations held for sale
300	-	-	-	-2,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
21,900	-7,700	-1,400	6,100	-4,600	-21,900	0	10,300	-8,100	10,100	10,200	16,600	2,600	3,100	1,300	800	-6,200	-11,200	-18,200	25,400	-25,300	-24,000	20,700	-300	-27,500	9,800	9,200	6,500	-10,000	-2,200	18,600	7,700	-11,500	-5,100	5,600	13,100	5,200	2,200	15,000	-5,400	-34,900
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflow from operating leases
7,900	8,100	15,300	100	7,600	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of non-cash investing and financing activities:
Right-of-use assets obtained in exchange for new operating lease liabilities
300	3,200	10,200	2,200	14,300	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of cash flow information:
Noncash investing activities:
Promissory note from divestiture and asset sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-