The middleby corporation (MIDD)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Jan'16Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Stock Issued During Period, Value, Acquisitions

0

0

13,399

-

-

-

-

-

-

-

-

-

Cash flows from operating activities--
Net earnings

352,240

317,152

298,128

284,216

191,610

193,312

153,928

120,697

95,473

72,867

61,156

63,901

Adjustments to reconcile net earnings to net cash provided by operating activities--
Depreciation and amortization expense

103,428

97,238

69,774

58,234

54,074

41,252

43,164

26,903

19,708

17,014

15,888

12,390

Non-cash share-based compensation

8,100

2,500

6,200

27,905

15,864

16,690

11,862

11,984

18,133

14,682

10,721

11,411

Deferred income taxes

22,212

20,489

-14,492

21,363

1,919

15,341

-2,975

-83

5,421

1,420

11,123

-1,542

Net Periodic Benefit Cost, Other Components

-28,857

-38,114

-31,728

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Assets

0

0

12,042

0

0

-

-

-

-

-

-

-

Gain (Loss) on Sale of Assets and Asset Impairment Charges

0

-783

-3,114

0

0

-

-

-

-

-

-

-

Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)

0

0

58,000

0

0

-

-

-

-

-

-

-

Non Cash Restructuring

0

5,637

0

0

-

-

-

-

-

-

-

-

Unrealized loss/(gain) on derivative financial instruments

-

-

-

-

-

-

-

-

-4

7

-

-180

Changes in assets and liabilities, net of acquisitions
Accounts receivable, net

27,748

25,347

-26,180

33,908

-17,112

20,577

17,524

3,880

18,990

28,306

-23,145

-5,222

Inventories, net

28,288

28,378

9,744

22,246

-7,826

2,064

19,819

19,026

2,287

6,311

-17,257

7,105

Prepaid expenses and other assets

-5,067

-18,145

34,122

11,550

5,685

384

7,768

7,198

-2,455

-987

8,731

-18,548

Accounts payable

-29,396

13,611

-21,631

-7,730

-18,036

-7,872

-9,248

2,684

-2,581

10,912

-4,564

-3,951

Accrued expenses and other liabilities

634

-14,799

-33,219

-22,174

-15,092

-1,816

-5,462

-3,735

13,057

14,697

-25,221

-13,705

Net cash provided by operating activities

377,425

368,914

304,455

294,110

249,592

233,882

146,158

128,346

130,393

97,955

100,774

85,349

Cash flows from investing activities--
Additions to property and equipment

46,609

36,040

54,493

24,817

22,362

13,143

14,640

7,652

7,840

3,159

5,731

4,337

Proceeds from Sale of Property Held-for-sale

0

0

14,278

0

0

-

7,000

0

0

-

-

-

Payments to Acquire Intangible Assets

0

5,399

0

0

-

-

-

0

0

-

-

-

Payments to Acquire Businesses, Gross

-

-

-

-

-

-

-

-

1,603

1,621

-

-

Acquisition of Cooktek

-

-

-

-

-

-

-

-

-

1,000

-

-

Acquisition of Anets

-

-

-

-

-

-

-

-

-

500

-

-

Acquisition of Doyon

-

-

-

-

-

-

-

-

-

577

-

-

Acquisitions, net of cash acquired

281,058

1,197,984

305,251

210,921

348,625

219,915

466,550

-

-

4,607

-

-

Acquisition of Cozzini, net of cash acquired

-

-

-

-

-

-

-

-

2,000

17,413

-

-

Acquisition of Beech, net of cash acquired

-

-

-

-

-

-

-

-

12,959

0

-

-

Acquisition of Lincat, net of cash acquired

-

-

-

-

-

-

-

-

82,130

0

-

-

Acquisition of Maurer

-

-

-

-

-

-

-

-

3,264

0

-

-

Acquisition of Auto-Bake, net of cash acquired

-

-

-

-

-

-

-

-

22,524

0

-

-

Acquisition of Drake, net of cash acquired

-

-

-

-

-

-

-

-

-

0

-

-

Acquisition of Armor Inox, net of cash acquired

-

-

-

-

-

-

-

-

28,658

0

-

-

Acquisition of Baker

-

-

-

-

-

-

-

-

-

0

-

-

Acquisition of Stewart, net of cash acquired

-

-

-

-

-

-

-

-

-

0

-

-

Acquisition of Nieco, net of cash acquired

-

-

-

-

-

-

-

-

0

0

-

-

Net cash (used in) investing activities

-327,667

-1,239,423

-345,466

-235,738

-370,987

-233,058

-474,190

-69,895

-188,910

-28,877

-139,037

-210,094

Cash flows from financing activities--
Proceeds under Credit Facility

543,294

1,611,110

758,883

432,768

145,500

18,900

312,100

256,500

0

0

39,550

135,000

Repayments under Credit Facility

560,363

746,281

462,112

435,250

-

-

-

-

-

-

-

-

Net (repayments) proceeds under previous revolving credit facilities

-

-

-

-

-

-

-

309,400

-102,150

58,650

-

-

Net proceeds (repayments) under international credit facilities

-405

-7,088

-1,062

-26,821

-6,058

8,815

-632

-4,771

862

-2,421

-252

-803

Net repayments under other debt arrangement

-179

-3

-35

-35

-262

-35

-32

350

0

-

-

-

Payments of deferred purchase price

-1,648

-1,234

0

0

-

-

-

-

-

-

-

-

Proceeds under other debt arrangement

-

-

-

-

-

-

-

-

-

0

-

-

Repurchase of treasury stock

6,144

0

239,838

4,418

4,836

44,283

4,391

20,670

15,663

9,019

-

12,359

Payments of Debt Issuance Costs

0

375

0

6,310

0

0

-

5,862

373

0

-

1,007

Excess tax benefit related to share-based compensation

-

-

-

-1,304

2,414

25,490

19,315

16,108

4,389

-450

-448

2,976

Net proceeds from stock issuances

-

-

-

-

-

-

3,842

2,804

224

666

391

270

Net cash (used in) provided by financing activities

-25,445

856,129

55,836

-41,370

136,758

8,887

330,202

-64,941

91,589

-69,874

39,241

124,077

Effect of exchange rates on cash and cash equivalents

-1,514

-3,573

6,344

-4,045

-3,780

-2,660

358

640

-512

89

1,241

-651

Changes in cash and cash equivalents--
Net (decrease) increase in cash and cash equivalents

22,799

-17,953

21,169

12,957

11,583

7,051

2,528

-5,850

32,560

-707

2,219

-1,319

Stock issuance related to the acquisition of Cozzini

-

-

-

-

-

-

-

-

-

1,776

-

-

CVP Systems
Stock Issued During Period, Value, Acquisitions

-

-

-

0

0

-

-

-

-

-

-

-