Kraton Corp KRA Cash Flow

Kraton corp (KRA)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
55,817	70,521	92,646	104,640	-12,529	1,210	-975	-16,191	90,925	96,725	-290
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Depreciation and amortization
136,171	141,410	137,162	125,658	62,093	66,242	63,182	64,554	62,735	49,220	66,751
Lease amortization
23,093	-	-	-	-	-	-	-	-	-	-
Amortization of debt original issue discount
1,064	2,202	6,169	7,987	-174	-164	-153	-108	0	0	-
Amortization of debt issuance costs
4,700	5,800	8,400	8,700	2,233	2,223	7,389	2,986	6,722	2,071	4,090
Gain on disposal of property, plant, and equipment
-773	-2,169	-514	-665	-237	-314	52	-415	-90	54	-348
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
-	-	-	28,416	0	0	-	-	-	-	-
Accretion of debt discount
-	-	-	-	-	-	-	-	-	-	5
(Gain) loss on extinguishment of debt
-3,521	-79,866	-35,389	-13,423	0	0	-	-	-2,985	0	23,831
Impairment of long-lived assets
-	-	-	-	-	4,731	0	5,434	0	0	1,769
Impairment of long-lived assets and spare parts inventory
-	-	-	-	-	5,161	-	-	-	-	-
Impairment of spare parts inventory
-	-	-	-	-	-	0	0	-	-	-
Gain on settlement of insurance note payable
-	-	-	-	-	-	-	-	-	131	0
Reclassification of gain on interest rate swap into earnings
-	-	-	-	-	-	-	-	-	450	2,827
Earnings from unconsolidated joint venture, net of dividends received
62	-74	49	-15	43	-80	108	130	14	84	-30
Deferred income tax benefit
-159	-26,487	-66,004	-	-	-	-	-	-	-	-
Deferred income tax provision
-	-	-	-12,609	-3,114	-2,523	-15,546	9,948	-10,461	6,389	-4,623
Release of uncertain tax positions
18,309	0	0	-	-	-	-	-	-	-	-
Gain on insurance proceeds for capital expenditures
3,948	0	0	-	-	-	-	-	-	-	-
Release of valuation allowance
18,309	0	0	86,273	0	0	-	-	-	-	-
Share-based compensation
9,493	8,102	7,627	8,334	9,015	10,475	7,894	6,571	5,459	3,472	2,160
Decrease (increase) in:
Accounts receivable
-5,848	7,841	-19,237	17,526	5,149	-13,005	1,158	-16,646	7,704	22,315	16,680
Inventories of products, materials, and supplies
-46,533	58,077	22,269	-26,252	-47,530	15,883	-11,246	-53,615	74,965	46,711	-44,060
Other assets
-10,986	-12,304	-12,941	8,181	5,466	6,437	-179	1,695	-7,841	24,871	305
Increase (decrease) in:
Accounts payable-trade
-3,472	20,271	8,275	13,177	-7,910	-35,368	14,944	8,680	3,418	-3,889	-
Other payables and accruals
-20,018	-18,693	13,463	-23,455	21,232	-30	934	-6,481	-12,025	-4,208	-
Other long-term liabilities
-13,401	13,742	-1,802	5,881	-163	-3,849	3,384	-1,534	-4,120	2,042	-
Accounts payable-trade, other payables and accruals, and other long-term liabilities
-	-	-	-	-	-	-	-	-	-	8,328
Due to related party
-3,644	1,245	3,721	155	-3,945	-4,598	14,296	3,623	-6,111	-1,846	-6,180
Net cash provided by (used in) operating activities
234,940	246,579	255,440	138,468	103,847	29,858	105,456	146,333	64,775	55,360	72,805
CASH FLOWS FROM INVESTING ACTIVITIES
Payments to Acquire Property, Plant, and Equipment
103,688	100,122	99,223	99,205	57,065	66,398	69,143	65,006	60,311	53,405	38,101
KFPC purchase of property, plant, and equipment
965	2,746	17,103	20,386	69,105	44,277	11,937	0	-	-	-
Purchase of software and other intangibles
8,019	8,229	6,265	5,862	2,572	3,710	5,125	4,603	4,129	-	-
Insurance proceeds for capital expenditures
3,948	0	0	-	-	-	-	-	-	-	-
Acquisition, net of cash acquired
-	-	-	1,312,105	0	0	-	-	-	-	-
Sale of assets
-	-	-	72,803	0	0	-	-	-	-	3,870
Purchase of software
-	-	-	-	-	-	-	-	-	2,242	15,322
Settlement of net investment hedge
-	-	-	-	-	-	2,490	335	0	0	-
Net cash provided by (used in) investing activities
-108,724	-111,097	-122,591	-1,364,755	-128,742	-114,385	-88,695	-69,944	-64,440	-55,647	-49,553
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from debt
57,941	732,540	739,167	1,787,965	30,000	39,000	40,000	101,250	400,000	69,000	144,000
Repayments of debt
198,053	828,747	938,006	485,133	30,000	39,000	136,875	45,626	393,160	71,304	308,131
KFPC proceeds from debt
34,240	24,918	48,207	36,896	80,094	-	-	-	-	-	-
KFPC repayments of debt
59,700	52,947	16,244	0	0	-	-	-	-	-	-
Capital lease payments
169	902	964	272	133	6,007	2,950	0	0	-	-
Contribution from noncontrolling interest
-	-	-	-	-	-	41,630	0	0	-	-
Purchase of treasury stock
12,821	6,189	2,298	975	31,899	19,383	0	0	-	-	-
Proceeds from the exercise of stock options
2,424	3,133	10,952	4,456	1,026	1,448	741	933	8,271	7,974	0
Settlement of interest rate swap
0	-2,584	879	5,155	0	0	-	-	-	-	-
Settlement of foreign currency hedges
0	0	716	0	0	-	-	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	11,197	126,725
Costs associated with the issuance of common stock
-	-	-	-	-	-	-	-	-	534	0
Proceeds from insurance note payable
-	-	-	-	-	-	-	-	4,734	3,518	3,706
Repayments of insurance note payable
-	-	-	-	-	-	-	-	4,734	3,387	3,706
Debt issuance costs
0	11,113	14,330	57,646	1,957	485	4,794	3,156	15,231	0	3,216
Net cash provided by (used in) financing activities
-176,138	-136,723	-175,111	1,280,136	47,131	-24,427	-62,248	53,401	-120	16,464	-40,622
Effect of exchange rate differences on cash
-936	-1,920	9,565	-2,149	-6,005	-13,100	-1,807	4,797	-4,386	7,282	-14,735
Net increase (decrease) in cash and cash equivalents
-50,858	-3,161	-32,697	51,700	16,231	-122,054	-47,294	134,587	-4,171	23,459	-32,105
Supplemental disclosures during the period:
Cash paid for income taxes, net of refunds received
7,804	4,715	-5,395	10,723	6,340	10,724	8,885	14,241	6,817	4,625	9,164
Cash paid for interest, net of capitalized interest
56,407	106,838	103,995	115,706	21,157	22,396	23,543	24,402	22,829	23,723	34,707
Capitalized interest
3,625	3,882	4,042	5,825	4,185	3,198	4,180	2,648	2,259	520	-
Supplemental non-cash disclosures: increase (decrease) during the period
Property, plant, and equipment accruals
-2,277	1,891	11,957	31,677	16,883	5,375	8,757	7,512	7,832	3,229	-
Operating leases
105,308	0	0	1,679	681	7,033	2,950	0	0	-	-