Libbey inc (LBY)
CashFlow / TTM
Dec'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'11Jun'10
Operating activities:
Net loss

-69,019

-55,790

-57,292

-9,537

-7,956

-11,083

-84,939

-89,759

-93,368

-88,466

-6,742

2,785

10,073

44,430

58,240

63,939

66,333

53,982

51,021

11,459

4,963

-5,509

-14,518

23,086

28,459

20,781

30,893

8,314

6,966

7,468

-266

25,283

23,641

31,099

0

0

0

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization

39,046

39,409

41,136

42,385

44,333

46,317

46,280

46,268

45,544

45,433

45,434

47,560

48,486

48,095

47,494

44,609

42,712

40,837

39,773

39,896

40,388

40,636

42,840

43,871

43,969

44,744

43,044

41,709

41,471

40,820

41,104

41,843

42,188

42,833

0

0

0

Loss on asset sales and disposals

-

-

-

-

-

-

-

-

-

-346

-222

-249

-287

-342

-383

-417

-567

-817

-964

-889

-674

-247

-494

-508

-514

-666

-312

-449

-446

-802

-1,022

2,582

5,941

6,264

0

0

0

Change in accounts receivable

-2,336

684

-7,620

-2,025

-5,203

2,386

11,637

-303

2,698

-10,374

-4,733

-3,404

-8,660

2,324

-2,526

-6,552

6,312

-6,819

-5,146

12,533

1,808

18,856

16,198

1,553

12,674

-3,537

3,218

460

-7,187

1,608

-7,404

-5,266

-3,076

8,909

0

0

0

Change in inventories

-16,545

-12,569

3,061

10,188

6,424

11,944

20,217

23,927

13,443

7,016

-10,100

-14,619

-5,979

-6,949

-3,110

7,753

12,006

13,909

17,884

16,353

10,828

17,985

4,803

4,492

3,932

642

7,370

9,438

10,969

1,162

3,240

-2,354

221

28,052

0

0

0

Change in accounts payable

9,202

6,367

1,065

2,343

-4,759

-2,848

12,837

5,037

5,574

9,471

-137

1,187

-481

-1,479

-2,813

-6,716

-3,466

-5,687

-3,605

8,064

5,088

20,308

19,859

14,620

12,190

12,373

4,556

3,758

6,285

-4,501

-4,857

-4,148

403

-1,993

0

0

0

Accrued interest and amortization of discounts and finance fees

1,173

1,225

1,266

1,086

1,158

1,190

1,054

1,297

1,318

1,353

1,517

1,512

-1,086

-1,165

-1,201

-1,141

1,291

1,256

1,296

-5,005

2,039

8,995

1,090

0

-

0

0

-

-

-

-

-

-

-

-

-

-

Call premium on senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Call premium on senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Call premium on 10% senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

Write-off of finance fees on senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1,600

0

0

0

-

Write-off of finance fees on senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Accrued interest and amortization of discounts and finance fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

9,888

-5,433

4,325

3,047

4,276

0

0

0

Pension & non-pension post-retirement benefits, net

-376

-3,202

-1,624

-3,235

-283

-173

-1,126

1,539

1,680

2,147

2,235

-296

-2,513

15,759

15,201

17,761

18,865

-1,846

-1,750

-1,248

-879

1,844

5,311

5,418

7,746

13,316

11,439

-72,084

-76,344

-81,826

-94,597

-13,085

-9,074

-8,720

0

0

0

Restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-289

-935

-1,732

-2,345

2,212

2,858

3,655

4,314

0

0

-262

-683

-828

0

0

0

-

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Accrued liabilities & prepaid expenses

-

-

0

-4,323

-

-

-5,490

-182

2,737

-2,426

-1,213

1,103

4,032

6,514

6,725

5,400

4,140

9,195

12,602

2,271

-7,222

-8,072

-8,644

-14,084

-17,507

-20,472

-14,235

-6,134

322

4,777

-1,320

848

1,917

11,725

0

0

0

Income taxes

-5,062

2,187

2,806

2,844

3,591

13,401

15,042

14,588

13,121

2,010

1,262

5,025

6,296

-37,734

-42,650

-46,608

-45,003

-1,615

3,870

2,678

885

2,056

-1,548

-3,331

-1,804

-3,616

-2,431

-1,975

1,628

-5,073

-1,574

-4,920

-11,200

-3,763

0

0

0

Share-based compensation expense

3,231

3,588

3,306

3,479

2,827

2,657

2,768

2,918

3,460

3,362

3,591

3,782

4,766

4,702

4,596

5,604

5,917

7,086

7,290

6,409

5,283

5,510

5,391

5,242

5,063

4,154

3,765

3,418

3,321

3,117

4,914

4,916

5,016

5,750

0

0

0

Other operating activities

-1,042

559

1,565

770

1,087

-820

-1,981

-719

-1,683

997

-456

-1,161

595

1,624

4,070

3,637

3,346

2,069

2,326

3,907

2,857

717

-887

-4,957

-4,479

-2,471

-1,962

606

-40

-2,298

474

84

-524

2,528

0

0

0

Net cash provided by operating activities

63,432

41,950

36,822

26,109

36,870

36,686

36,199

38,478

45,308

55,291

61,458

82,091

83,904

82,465

87,541

78,427

69,692

94,866

96,397

79,008

81,871

60,310

76,004

75,036

72,729

83,599

76,721

14,915

8,497

9,577

-23,002

59,333

55,351

40,256

0

0

0

Investing activities:
Cash paid for property, plant and equipment

31,159

36,867

42,038

44,177

45,087

43,611

41,929

46,947

47,628

50,221

46,141

36,701

34,604

30,179

30,411

41,332

48,136

57,345

65,794

61,151

54,393

57,783

51,471

50,426

49,407

45,628

40,659

35,156

32,720

32,207

34,854

39,360

41,420

33,688

0

0

0

Proceeds from furnace malfunction insurance recovery

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,350

2,350

2,350

2,350

0

0

0

0

-

-

-

-

-

-

-

-

-

Net proceeds from sale of Traex

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

Proceeds from asset sales and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

24

7

77

81

81

178

236

471

647

508

442

800

5,222

0

0

0

-

Net cash used in investing activities

-31,159

-36,867

-42,038

-44,177

-45,087

-43,611

-41,929

-46,947

-47,628

-50,221

-46,141

-36,701

-34,604

-30,174

-30,406

-41,325

-48,129

-57,326

-65,772

-61,131

-52,019

-55,426

-49,044

-47,995

-49,326

-45,450

-40,423

-34,685

-32,073

-32,221

-34,776

-26,082

-23,720

-15,424

0

0

0

Financing activities:
Borrowings on ABL credit facility

93,171

132,890

152,509

129,892

129,769

91,932

81,940

76,263

34,086

21,004

3,277

0

6,000

24,400

24,400

54,800

62,900

72,800

106,200

97,100

83,000

67,100

64,100

0

-

0

0

-

-

0

0

-

-

-

-

-

-

Repayments on ABL credit facility

95,601

123,330

127,570

114,701

109,901

68,685

59,440

46,086

34,086

12,277

3,277

0

6,000

31,400

38,400

58,900

62,900

74,700

99,200

93,000

83,000

68,000

57,100

0

-

0

0

-

-

0

0

-

-

-

-

-

-

Net borrowings (repayments) on ABL credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

Other repayments

-

-

1,694

1,694

3,077

3,077

1,846

1,846

632

632

169

348

350

350

350

183

3,267

3,814

9,015

9,068

5,863

15,075

14,271

14,261

14,270

8,114

13,268

22,781

23,116

28,851

23,973

14,454

14,108

5,402

0

0

0

Other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

-

-

-

-

-

-

-

Payments on 6.875% senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Proceeds from Term Loan B

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

Repayments on Term Loan B

4,400

4,400

4,400

4,400

4,400

9,400

14,400

19,400

24,400

24,400

24,400

24,400

24,400

19,400

14,400

9,400

4,400

4,400

4,400

3,300

2,200

1,100

0

0

-

0

-

-

-

-

0

-

40,000

0

0

0

-

Call premium on senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

1,203

0

0

0

-

Stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

1,400

1,157

1,399

2,519

3,338

5,024

5,438

6,083

4,571

3,158

4,458

5,183

5,384

6,045

4,239

1,740

1,231

297

44

35

482

486

0

0

0

Taxes paid on distribution of equity awards

420

448

531

450

336

308

240

407

627

656

732

845

895

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

-

463

0

0

0

-

Dividends

-

-

0

0

2,595

5,188

7,781

10,373

10,355

10,281

10,207

10,132

10,070

9,951

9,829

9,710

9,597

7,197

4,800

2,402

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury shares purchased

-

-

-

-

-

-

-

-

-

-

-

-

2,000

2,000

2,000

7,328

15,275

16,335

16,335

10,204

1,060

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by (used in) financing activities

-8,005

4,712

18,319

8,652

9,465

4,725

-2,321

-1,049

-35,214

-25,641

-33,465

-35,818

-35,976

-38,863

-40,740

-29,471

-29,997

-28,622

-18,953

-19,984

-9,745

-9,310

-14,871

-49,334

-49,142

-42,766

-45,666

33,116

32,272

31,867

34,014

-13,292

-49,468

-48,044

0

0

0

Effect of exchange rate fluctuations on cash

-416

-1,215

-623

-1,365

-878

-286

-298

1,521

1,219

-525

-131

-1,399

-1,357

-859

-1,301

-677

-2,566

-2,906

-3,529

-3,750

-2,271

-951

576

817

739

736

335

-215

221

-459

-968

-253

-130

-317

0

0

0

Increase in cash

23,852

8,580

12,480

-10,781

370

-2,486

-8,349

-7,997

-36,315

-21,096

-18,279

8,173

11,967

12,569

15,094

6,954

-11,000

6,012

8,143

-5,857

17,836

-5,377

12,665

-21,476

-25,000

-3,881

-9,033

13,131

8,917

8,764

-24,732

19,706

-17,967

-23,529

0

0

0

Supplemental disclosure of cash flow information:
Cash paid during the year for interest, net of capitalized interest

20,738

21,076

20,927

20,650

20,091

19,557

19,249

18,722

18,638

18,575

18,548

18,739

21,553

21,235

20,620

19,934

16,545

16,712

16,720

24,047

20,302

16,098

27,498

0

-

0

0

-

-

-

-

-

-

-

-

-

-

Cash paid during the year for income taxes

11,887

8,434

10,136

8,545

8,514

7,981

4,944

3,712

3,371

4,592

5,101

6,794

7,559

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Cash paid during the period for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

29,655

46,940

37,585

40,025

40,094

0

0

0

Cash paid during the period for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

6,644

6,333

10,787

10,855

11,431

10,026

4,401

3,402

3,067

5,400

0

-

0

0

-

-