Matson, Inc. MATX Cash Flow

Matson, inc. (MATX)

CashFlow / TTM

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 Flows From Operating Activities:
Net income
74,000	82,700	87,700	93,100	107,300	109,000	254,300	246,800	238,200	231,000	85,100	76,300	70,300	81,400	88,000	104,200	96,100	103,000	104,200	84,200	92,400	70,800	50,300	46,000	48,000	53,700	62,100	63,900	59,100	52,000	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
104,100	100,400	97,000	94,300	94,100	94,400	97,700	99,100	100,200	101,200	99,600	99,200	97,900	97,100	96,100	95,400	90,400	83,400	76,300	70,100	69,000	69,700	70,100	69,900	69,700	69,700	68,600	70,100	71,300	72,500	74,500	72,500	63,300	71,600	44,900	55,300	71,800	70,800	0	0	0
Amortization of operating lease right of use assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
22,500	23,600	24,700	24,600	26,700	29,300	-123,700	-124,300	-124,400	-127,900	22,300	28,300	24,600	24,700	43,500	37,400	49,200	50,700	37,500	19,800	6,500	2,700	10,700	71,200	61,700	57,500	42,300	-15,500	-11,700	-8,800	0	0	0	-	-	-	-	-	-	-	-
Loss (gain) on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,200	1,200	0	0	0	-	-	-	-	-	-	-	-
Post-retirement (income) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,100	2,600	0	0	0	-	-	-	-	-	-	-	-
Share-based compensation expense
11,200	11,300	12,600	12,800	12,600	12,100	11,500	11,700	11,200	11,100	9,800	9,900	11,000	11,200	11,800	10,800	12,200	12,200	12,700	12,600	9,700	8,700	7,200	6,800	6,400	5,900	5,400	5,000	4,500	4,000	0	0	0	-	-	-	-	-	-	-	-
Income from SSAT
16,300	20,800	25,800	26,600	34,800	36,800	37,700	36,000	33,800	28,200	25,900	22,000	18,100	15,800	12,600	13,500	15,700	16,500	14,300	12,900	9,800	6,600	6,400	900	-2,000	-2,000	-2,900	200	2,600	3,200	0	0	0	-	-	-	-	-	-	-	-
Distribution from SSAT
28,800	25,200	14,700	34,000	39,200	42,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Accounts receivable, net
900	-17,800	-16,800	-8,800	8,800	29,100	26,900	23,200	11,200	5,100	5,100	1,800	-3,400	-14,400	-20,300	-14,900	-20,300	-13,500	16,700	-4,900	23,900	15,300	21,500	17,200	10,500	7,600	5,600	13,600	4,600	7,000	0	0	0	-	-	-	-	-	-	-	-
Deferred dry-docking payments
25,300	25,900	26,600	21,000	17,800	19,200	20,000	26,700	44,100	54,600	60,600	63,700	61,100	59,200	55,400	41,900	33,800	25,700	15,600	14,600	11,900	14,100	15,900	19,800	20,100	14,000	23,200	29,500	35,000	44,800	0	0	0	-	-	-	-	-	-	-	-
Deferred dry-docking amortization
32,300	34,300	39,000	38,500	54,700	37,400	54,400	53,500	48,500	46,200	-46,800	-47,300	-42,300	-38,900	-34,100	-29,200	-25,700	-23,100	-21,900	-21,600	-21,300	-21,100	-20,900	-21,400	-21,900	-22,000	-23,100	-23,400	-23,100	-23,300	0	0	0	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
-19,500	-24,500	-26,500	-26,700	-800	-4,200	-13,100	-18,500	-23,700	-14,400	-17,800	22,700	22,400	13,600	25,100	-7,400	6,200	13,200	7,500	-11,700	-17,200	-17,300	-21,600	24,000	15,200	11,800	28,900	3,300	5,700	10,400	0	0	0	-	-	-	-	-	-	-	-
Accounts payable, accruals and other liabilities
45,400	-13,900	34,700	23,200	61,800	71,200	30,700	48,200	22,700	20,400	43,800	15,100	18,100	2,100	-34,500	-29,900	-46,100	-9,400	5,600	4,600	16,200	13,500	3,200	-8,100	8,800	2,200	6,400	28,400	-4,400	-7,900	0	0	0	-	-	-	-	-	-	-	-
Operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
-11,700	-9,800	-15,000	-9,400	-7,000	-7,600	-400	-1,700	-5,100	-4,100	-33,100	-33,300	-25,800	-26,200	-1,200	-4,300	14,700	7,300	15,300	17,100	-800	5,600	18,700	19,500	15,900	13,100	7,800	13,500	26,900	20,800	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by operating activities
284,000	248,800	282,400	294,100	308,500	305,000	280,900	280,600	250,800	224,900	217,300	142,400	142,000	157,800	173,800	221,200	218,800	245,300	228,600	219,400	181,900	165,700	154,000	165,400	190,800	195,700	163,500	145,000	123,900	94,000	101,100	106,500	120,200	104,100	150,700	147,500	144,400	160,400	0	0	0
Cash Flows From Investing Activities:
Capital expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	41,100	45,600	33,800	35,200	27,000	30,400	35,900	38,100	38,500	36,800	40,700	47,200	71,700	75,100	78,200	71,200	0	0	0
Capitalized vessel construction expenditures
207,300	219,100	224,700	202,400	301,800	338,600	302,400	372,600	308,400	252,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other capital expenditures
103,800	91,200	80,600	75,500	63,000	62,600	56,400	43,400	45,200	55,000	60,900	69,100	77,200	84,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of property and equipment
16,700	3,400	108,100	127,500	136,500	136,300	0	0	0	-	-	-	-	2,500	3,000	5,600	5,700	5,500	6,000	5,300	4,800	4,900	4,100	2,800	3,900	4,500	9,900	9,200	7,500	6,800	1,500	1,900	-3,400	2,300	-25,200	-7,000	7,100	1,100	0	0	0
Cash deposits into Capital Construction Fund
153,200	96,200	161,600	168,100	299,900	340,000	0	0	0	-	-	-	-	123,400	123,400	88,200	88,200	77,900	77,900	31,900	31,900	31,900	31,900	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,600	4,400	4,800	4,600	8,400	4,400	0	0	0
Withdrawals from Capital Construction Fund
153,200	96,200	161,600	168,100	300,800	340,900	0	0	0	-	-	-	-	-	-	-	-	105,400	93,700	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,400	4,600	4,400	4,800	4,600	4,400	4,400	0	0	0
Payments for Horizons common stock, net of cash acquired, and other acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase in investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Reduction in investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Contribution from the Former Parent Company
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,000	0	0	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
-294,400	-306,900	-197,200	-146,700	-223,700	-260,300	-323,700	-404,900	-322,500	-276,900	-177,300	-309,000	-302,300	-320,700	-353,000	-88,600	-103,400	-63,800	-39,800	-70,800	-49,000	-50,500	-64,500	-42,500	-29,600	-40,000	-26,300	-30,700	-25,500	-6,300	-700	14,000	9,700	-4,600	40,000	12,200	-16,100	-28,100	0	0	0
Cash Flows From Financing Activities:
Proceeds from issuance of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,000	100,000	100,000	100,000	21,000	32,900	32,900	211,000	197,000	245,600	178,300	14,000	109,000	-56,500	65,800	87,000	58,000	0	0	0
Repayments of debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,400	45,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of debt and capital leases
-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving credit facility
625,700	622,100	957,800	907,800	954,300	963,900	517,400	582,900	486,400	469,000	169,000	1,099,000	1,106,000	1,103,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of revolving credit facility
523,700	478,000	940,800	967,800	953,300	933,900	419,400	372,900	331,400	319,000	189,000	1,058,000	1,061,000	1,048,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80,400	78,500	-34,500	6,700	69,500	14,100	143,900	128,200	84,200	0	0	0
(Payments) to/ proceeds from the line-of-credit agreements, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	0	0	0	-	-	-	31,800	17,800	0	0	0
Payment of financing costs
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-	-	700	2,000	2,000	1,700	1,900	1,000	1,200	800	1,200	1,400	100	1,100	2,200	5,600	7,500	7,000	5,800	100	1,700	2,000	1,700	3,600	4,300	12,800	25,200	25,900	22,800	17,900	10,100	11,600	12,600	10,600	6,600	0	0	0
Dividends paid
37,600	37,200	36,800	36,300	35,800	35,400	34,900	34,600	34,200	33,800	33,400	32,900	32,600	32,200	32,000	31,700	31,200	30,800	30,200	29,700	29,300	28,700	28,200	27,700	27,200	26,800	26,300	25,800	32,700	39,500	46,300	53,200	53,400	53,100	53,100	52,800	52,200	52,200	0	0	0
Repurchase of Matson common stock
-	-	-	-	-	-	-	-	-	19,300	18,600	7,000	17,900	38,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholding related to net share settlements of restricted stock units
4,500	3,100	3,400	3,500	3,500	4,600	4,700	4,500	4,500	7,400	6,300	6,800	6,900	5,900	6,800	6,300	6,100	2,900	3,000	3,200	3,200	2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Distribution to Former Parent Company from issuance of capital stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,700	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
11,800	62,000	-65,000	-127,500	-74,200	-40,000	30,200	121,800	65,900	57,900	-31,700	162,700	159,700	151,300	170,100	-129,200	-421,100	-449,400	-394,200	-356,500	-36,800	63,700	59,600	61,700	57,500	-61,100	-67,100	-111,100	-92,000	-74,500	-94,500	-65,900	-105,700	-70,200	-147,000	-162,500	-116,000	-119,000	0	0	0
Net Decrease in Cash, Cash Equivalents and Restricted Cash
1,400	3,900	20,200	19,900	10,600	4,700	-12,600	-2,500	-5,800	5,900	8,300	-3,900	-600	-11,600	-9,100	3,400	-305,700	-267,900	-205,400	-207,900	96,100	178,900	149,100	184,600	218,700	94,600	70,300	3,600	-7,500	-1,600	-5,200	20,300	1,300	7,300	2,500	-21,000	-3,000	-2,000	0	0	0
Reconciliation of Cash, Cash Equivalents, and Restricted Cash, at End of the Year:
Cash flows used in operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-29,900	0	0	0	-	-	-	-	-	-	-	-
Cash flows used in investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18,800	0	0	0	-	-	-	-	-	-	-	-
Cash flows provided by financing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,900	0	0	0	-	-	-	-	-	-	-	-
Net cash flows used in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,800	0	0	0	-	-	-	-	-	-	-	-
Supplemental Cash Flow Information:
Interest paid, net of capitalized interest
25,800	22,000	20,600	17,200	17,800	18,300	17,900	20,000	22,700	23,900	26,400	22,800	23,900	21,600	20,200	20,700	18,000	17,700	17,800	17,200	17,200	15,200	15,500	13,400	13,600	13,800	13,700	14,000	11,100	11,300	8,200	16,000	2,100	7,800	-6,600	17,400	24,300	8,300	0	0	0
Income tax paid, net
-19,100	-24,200	-25,100	-25,200	-400	5,200	7,300	7,100	2,400	2,600	-700	9,900	16,100	15,600	22,000	18,400	35,700	40,000	42,300	44,500	35,300	30,200	0	0	0	-	-	-	-	-	-	-	-	600	2,300	62,900	42,100	42,100	0	0	0
Non-cash Information:
Capital expenditures included in accounts payable, accruals and other liabilities
6,500	8,500	13,500	7,000	8,900	4,100	100	900	-500	1,200	-7,000	300	4,400	4,100	20,000	15,500	14,600	13,500	7,200	2,400	1,300	1,600	-400	1,500	1,400	2,100	7,100	5,200	2,600	4,200	0	0	0	-	-	-	-	-	-	-	-
Capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Tax-deferred property sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Tax-deferred real estate purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0