Matson, Inc. MATX Cash Flow

Matson, inc. (MATX)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash Flows From Operating Activities:
Net income
82,700	109,000	231,000	81,400	103,000	70,800	53,700	52,000	45,800	70,500	44,000	132,000
Depreciation and amortization
100,400	94,400	101,200	97,100	83,400	69,700	69,700	72,500	71,600	70,800	105,000	101,000
Amortization of operating lease right of use assets
60,700	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
23,600	29,300	-127,900	24,700	50,700	2,700	57,500	-8,800	-5,000	3,400	1,000	19,000
Loss (gain) on disposal of property and equipment
1,400	1,900	-3,000	-900	-1,200	1,500	-200	1,200	800	-300	51,000	91,000
Post-retirement (income) expense
-	-	-	-	-	-5,900	1,600	2,600	4,500	1,400	-	-
Gain from receipt of insurance proceeds
-	-	-	-	-	-	-	-	-	-	0	8,000
Gain on consolidation of HS&TC
-	-	-	-	-	-	-	-	-	-	5,000	0
Share-based compensation expense
11,300	12,100	11,100	11,200	12,200	8,700	5,900	4,000	2,700	2,600	9,000	11,000
Income from SSAT
20,800	36,800	28,200	15,800	16,500	6,600	-2,000	3,200	8,600	12,800	-	-
Distribution from SSAT
25,200	42,000	17,500	-	14,000	-	-	-	5,300	7,000	-	-
Impairment of intangible assets
-	-	-	-	-	-	-	2,100	0	-	-	-
Tax benefit from equity issuance
-	-	-	2,200	2,600	800	1,800	-	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	300	900	1,100	600	-	-	-	-	-
Equity in income (loss) of affiliates, net of distributions
-	-	-	-	-	-	-	-	-	-	1,000	-11,000
Changes in assets and liabilities:
Accounts receivable, net
-17,800	29,100	5,100	-14,400	-13,500	15,300	7,600	7,000	10,800	-5,200	16,000	-24,000
Inventory
-	-	-	-	-	-	-	-	-	-	6,000	6,000
Deferred dry-docking payments
25,900	19,200	54,600	59,200	25,700	14,100	14,000	44,800	36,000	5,900	-	-
Deferred dry-docking amortization
34,300	37,400	46,200	-38,900	-23,100	-21,100	-22,000	-23,300	-22,700	-19,600	-	-
Prepaid expenses and other assets
-24,500	-4,200	-14,400	13,600	13,200	-17,300	11,800	10,400	3,400	1,100	5,000	-3,000
Deferred dry-docking costs
-	-	-	-	-	-	-	-	-	-	-10,000	9,000
Liability for employee benefit plans
-	-	-	-	-	-	-	-	-	-	0	-3,000
Accounts payable, accruals and other liabilities
-13,900	71,200	20,400	2,100	-9,400	13,500	2,200	-7,900	17,100	500	20,000	-37,000
Operating lease liabilities
-59,900	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
-9,800	-7,600	-4,100	-26,200	7,300	5,600	13,100	20,800	-1,000	-1,100	11,000	-17,000
Real estate inventory sales
-	-	-	-	-	-	-	-	-	-	5,000	184,000
Expenditures for real estate inventory
-	-	-	-	-	-	-	-	-	-	6,000	39,000
Net cash provided by operating activities
248,800	305,000	224,900	157,800	245,300	165,700	195,700	94,000	104,100	160,400	115,000	275,000
Cash Flows From Investing Activities:
Capital expenditures
-	-	-	-	-	-	35,200	38,100	47,200	71,200	31,000	109,000
Capitalized vessel construction expenditures
219,100	338,600	252,000	94,500	21,300	400	-	-	-	-	-	-
Other capital expenditures
91,200	62,600	55,000	84,900	46,500	27,500	-	-	-	-	-	-
Proceeds from disposal of property and equipment
3,400	136,300	-200	2,500	5,500	4,900	4,500	6,800	2,300	1,100	32,000	19,000
Cash deposits into Capital Construction Fund
96,200	340,000	171,400	123,400	77,900	31,900	4,400	4,400	4,400	4,400	4,000	7,000
Proceeds from insurance settlement
-	-	-	-	-	-	-	-	-	-	-	8,000
Withdrawals from Capital Construction Fund
96,200	340,900	201,700	92,200	105,400	4,400	4,400	4,400	4,400	4,400	4,000	8,000
Proceeds from sale of other investments
-	3,700	-	-	-	-	-	-	-	-	-	-
Payments for membership interests in Span Alaska, net of cash acquired
-	-	-	112,600	-	-	-	-	-	-	-	-
Payments for Horizons common stock, net of cash acquired, and other acquisitions
-	-	-	-	29,000	-	9,300	-	-	1,000	-10,000	27,000
Increase in investments
-	-	-	-	-	-	-	-	-	-	48,000	60,000
Reduction in investments
-	-	-	-	-	-	-	-	-	-	6,000	19,000
Contribution from the Former Parent Company
-	-	-	-	-	-	-	25,000	40,300	43,000	-	-
Net cash used in investing activities
-306,900	-260,300	-276,900	-320,700	-63,800	-50,500	-40,000	-6,300	-4,600	-28,100	-31,000	-149,000
Cash Flows From Financing Activities:
Proceeds from issuance of debt
-	-	-	275,000	75,000	100,000	21,000	197,000	109,000	58,000	241,000	127,000
Repayments of debt
42,000	30,000	30,000	20,500	20,500	11,400	45,400	-	-	-	-	-
Repayment of capital leases
100	700	1,800	1,700	1,500	1,100	1,200	-	-	-	-	-
Proceeds from revolving credit facility
622,100	963,900	469,000	1,103,000	588,000	-	-	-	-	-	-	-
Repayments of revolving credit facility
478,000	933,900	319,000	1,048,000	588,000	-	11,000	-	-	-	-	-
Payments of long-term debt
-	-	-	-	-	-	-	80,400	69,500	84,200	288,000	138,000
(Payments) to/ proceeds from the line-of-credit agreements, net
-	-	-	-	-	-	-	5,000	-6,200	17,800	13,000	-5,000
Payment of financing costs
-	-	1,700	-	900	-	-	1,900	500	-	-	-
Proceeds from issuance of common stock
300	700	1,900	1,200	2,200	5,800	1,700	25,200	10,100	6,600	-1,000	2,000
Dividends paid
37,200	35,400	33,800	32,200	30,800	28,700	26,800	39,500	53,100	52,200	52,000	51,000
Repurchase of Matson common stock
-	-	19,300	38,000	4,900	-	-	-	-	-	-	59,000
Tax withholding related to net share settlements of restricted stock units
3,100	4,600	7,400	5,900	2,900	2,000	-	-	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	300	900	1,100	600	-	-	-	-	-
Payments of Span Alaska debt
-	-	-	81,900	-	-	-	-	-	-	-	-
Payments of Horizon debt and redemption of warrants, net
-	-	-	-	466,000	-	-	-	-	-	-	-
Contribution to A&B upon Separation
-	-	-	-	-	-	-	155,700	-	-	-	-
Cash assumed by A&B upon Separation
-	-	-	-	-	-	-	-2,500	-	-	-	-
Distribution to Former Parent Company from issuance of capital stock
-	-	-	-	-	-	-	21,700	-	-	-	-
Payments of note to Former Parent Company
-	-	-	-	-	-	-	-	-	20,000	-	-
Distribution paid to Former Parent Company
-	-	-	-	-	-	-	-	60,000	45,000	-	-
Net cash provided by (used in) financing activities
62,000	-40,000	57,900	151,300	-449,400	63,700	-61,100	-74,500	-70,200	-119,000	-87,000	-124,000
Net Decrease in Cash, Cash Equivalents and Restricted Cash
3,900	4,700	5,900	-11,600	-267,900	178,900	94,600	-1,600	7,300	-2,000	-3,000	2,000
Reconciliation of Cash, Cash Equivalents, and Restricted Cash, at End of the Year:
Cash flows used in operating activities of discontinued operations
-	-	-	-	-	-	-	-29,900	-17,800	-10,200	-	-
Cash flows used in investing activities of discontinued operations
-	-	-	-	-	-	-	-18,800	-26,100	-58,800	-	-
Cash flows provided by financing activities of discontinued operations
-	-	-	-	-	-	-	33,900	21,900	53,700	-	-
Net cash flows used in discontinued operations
-	-	-	-	-	-	-	-14,800	-22,000	-15,300	-	-
Supplemental Cash Flow Information:
Interest paid, net of capitalized interest
22,000	18,300	23,900	21,600	17,700	15,200	13,800	11,300	7,800	8,300	24,000	25,000
Income tax paid, net
-24,200	5,200	2,600	15,600	40,000	30,200	-3,400	42,700	600	42,100	38,000	63,000
Non-cash Information:
Capital expenditures included in accounts payable, accruals and other liabilities
8,500	4,100	1,200	4,100	13,500	1,600	2,100	4,200	4,200	2,100	-	-
Capital lease obligations
-	-	-	-	1,800	-	2,900	-	-	-	5,000	-
Debt assumed in real estate purchase
-	-	-	-	-	-	-	-	-	-	0	11,000
Real estate received in settlement of a mortgage note
-	-	-	-	-	-	-	-	-	-	0	0
Tax-deferred property sales
-	-	-	-	-	-	-	-	-	-	109,000	112,000
Tax-deferred property purchases
-	-	-	-	-	-	-	-	-	-	95,000	46,000