Lancaster colony corporation (LANC)
CashFlow / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10Jun'09
Cash Flows From Operating Activities:
Net Income (Loss) Attributable to Parent

150,549

135,314

115,314

121,764

101,686

74,986

109,249

95,808

106,364

114,969

89,086

Adjustments to reconcile net income to net cash provided by operating activities:
Impacts of noncash items:
Depreciation and amortization

31,848

26,896

24,906

24,147

21,111

20,407

20,114

20,266

18,940

20,533

21,870

Change in contingent consideration

-16,180

2,052

1,156

0

0

-

-

-

-

-

-

Deferred income taxes and other changes

7,336

-8,502

2,347

-525

306

2,720

1,278

5,147

8,680

1,783

3,767

Stock-based compensation expense

5,972

5,039

4,248

3,326

3,040

2,472

2,901

2,922

2,297

1,632

-

Excess tax benefit from stock-based compensation

-

-

-

-

563

1,020

794

-

-

-

-

Restructuring and impairment charges

1,643

0

0

-

-

-

-

-

-

677

-1,221

Gain on sale of property

13

10

629

0

0

6

-753

92

-14

40

861

Loss on sale of discontinued operations

-

-

-

-

-

-44,033

0

0

-

-

-

Pension plan activity

749

434

244

296

591

243

61

1,122

1,326

289

-2,316

Changes in operating assets and liabilities:
Receivables

748

3,040

2,598

3,547

1,900

6,881

-1,522

8,763

-3,615

7,421

2,287

Inventories

-6,282

14,485

-150

-1,802

-366

-1,122

1,321

-2,181

-9,624

19,166

-17,780

Other current assets

3,085

-2,164

2,958

-1,445

-5,229

1,147

4,853

-5,536

-317

6,755

-13,868

Accounts payable and accrued liabilities

14,743

15,720

4,693

-2,213

4,088

-7,352

2,894

564

-1,071

1,768

-6,522

Net cash provided by operating activities

197,598

160,714

146,385

145,903

132,772

129,091

131,682

122,447

147,454

107,691

133,164

Cash Flows From Investing Activities:
Payments for property additions

70,880

31,025

27,005

16,671

18,298

15,961

24,147

16,347

35,343

12,833

11,336

Payments to Acquire Businesses, Net of Cash Acquired

55,364

318

35,169

12

92,217

0

0

-

-

-

-

Proceeds from sale of property

169

38

1,475

0

0

6

2,836

895

19

69

2,000

Proceeds from sale of discontinued operations

-

-

-

-

-

25,610

0

0

-

-

-

Other-net

786

147

-91

740

1,810

1,180

1,067

1,147

434

1,336

1,638

Net cash used in investing activities

-126,861

-31,452

-60,608

-17,423

-112,325

8,475

-22,378

-16,599

-35,758

-14,100

-10,974

Cash Flows From Financing Activities:
Payment of dividends

70,110

64,531

58,980

190,546

49,778

46,988

178,063

38,464

35,696

33,430

31,854

Proceeds from debt

-

-

-

-

-

-

-

-

-

-

25,000

Payments on debt

-

-

-

-

-

-

-

-

-

-

80,000

Purchase of treasury stock

7,411

1,102

866

155

569

3,120

609

8,315

43,103

4,398

16,894

Tax withholdings for stock-based compensation

2,360

981

907

1,901

-

-

-

-

-

-

-

Other-net

-320

0

0

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

563

1,020

794

301

479

-

-

Proceeds from the exercise of stock awards, including tax benefits

-

-

-

-

-

-

-

-

-

4,643

5,407

Increase in cash overdraft balance

-

-

-

-

-

-324

324

0

-2,000

2,000

-4,782

Net cash used in financing activities

-80,201

-66,614

-60,753

-192,602

-49,784

-49,412

-177,554

-46,478

-80,320

-31,185

-103,123

Net change in cash and equivalents

-9,464

62,648

25,024

-64,122

-29,337

88,154

-68,250

59,370

31,376

62,406

19,067