MODINE MANUFACTURING CO MOD Cash Flow

Modine manufacturing co (MOD)

CashFlow / Quarterly

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
Cash flows from operating activities:
Net earnings
1,000	-4,800	8,200	6,400	18,300	38,700	22,500	18,000	-27,900	16,300	17,400	8,100	1,900	-4,000	8,900	7,800	8,200	-22,500	5,500	-3,000	9,700	2,000	14,100	119,700	-3,400	5,000	10,600	-1,600	-8,400	-11,900	-900	15,800	9,061	1,373	12,566	11,354	5,551	-16,660	4,988
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization
19,500	19,400	18,900	19,300	19,100	19,100	19,400	19,900	19,000	19,300	18,500	18,400	14,500	12,900	12,500	12,800	12,700	12,300	12,400	12,300	12,800	13,200	13,300	13,100	13,300	15,600	16,100	14,000	13,600	14,100	14,100	14,300	14,246	14,202	14,952	14,365	14,032	13,628	14,467
Stock-based compensation expense
800	2,700	1,700	1,100	1,600	3,200	2,000	1,900	2,200	3,100	2,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
700	0	-500	-1,500	3,500	-7,400	1,000	2,000	17,400	-3,200	-4,100	4,500	-3,500	-4,200	-1,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance proceeds from Airedale fire
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	3,200	1,200	700	2,100	3,500	7,300	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
-1,500	-1,100	-900	-2,900	-800	-1,000	-600	-2,400	-1,100	-3,300	-2,200	-2,400	-200	900	-2,200	4,300	-1,100	100	-3,400	3,500	-100	500	-4,300	4,700	-500	-2,100	-1,600	5,100	-2,900	-2,200	-4,100	12,300	-8,621	-3,892	-2,487	4,370	-14,513	2,013	5,102
Changes in operating assets and liabilities:
Trade accounts receivable
-32,700	-18,300	-1,600	39,100	-37,000	-5,400	18,600	48,400	-21,300	-15,000	14,000	58,900	-29,500	-12,700	9,000	34,300	-33,700	-11,400	2,800	31,400	-27,900	-1,200	-2,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-2,600	11,200	15,000	-9,200	800	8,700	21,700	2,000	1,400	1,800	7,300	3,300	-1,900	-3,600	5,500	-6,500	2,400	1,100	5,700	-10,800	400	4,600	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-26,800	-1,800	-3,800	28,400	-37,300	10,100	15,400	23,000	-18,000	5,000	15,200	41,000	-13,000	-6,400	-1,700	10,000	-16,400	2,900	-6,400	22,300	-18,100	2,100	-8,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and liabilities
2,800	6,700	11,500	-	11,900	22,300	24,700	-	-18,200	4,800	9,600	-	12,700	4,000	4,400	-	6,800	-100	7,200	-	13,700	3,600	12,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net changes in operating assets and liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,900	-3,900	12,400	-	1,900	-900	12,500	-	18,985	2,311	44,004	-	84,226	6,515	-45,917
Net cash provided by operating activities
28,400	17,000	500	35,900	30,700	40,800	-4,100	18,200	33,200	52,200	20,600	6,700	21,400	12,000	1,600	7,000	35,600	29,900	-100	19,400	20,500	21,100	2,500	17,800	37,700	33,100	15,900	7,400	14,600	22,000	4,800	27,500	15,143	17,156	-13,999	22,232	14,444	5,496	-21,360
Cash flows from investing activities:
Expenditures for property, plant and equipment
16,800	21,100	20,300	15,200	20,800	15,300	22,600	16,000	18,200	15,200	21,600	18,400	14,000	17,500	14,500	20,500	12,100	14,200	16,000	16,400	12,700	16,800	12,400	17,100	14,600	11,200	10,200	16,200	12,900	9,000	11,700	19,100	12,768	19,888	12,644	23,942	10,920	11,249	8,950
Proceeds from dispositions of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	761	-8,703	7,771	890	3,757
Insurance proceeds from Airedale fire
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,100	4,300	6,400	14,600	0	12,200	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs to replace building and equipment damaged in Airedale fire
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,800	9,800	17,100	11,000	7,200	6,400	1,700	1,400	2,000	2,200	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of derivative contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-269	-41	-135	68	115
Other - net
200	800	-1,800	1,100	100	2,000	-2,900	-600	-100	100	800	-1,600	400	300	-1,100	-700	0	-300	100	-4,800	3,900	-100	200	300	2,500	-2,700	-100	300	-400	1,100	600	2,100	1,594	-1,622	-172	3,708	37	-2,924	-822
Net cash used for investing activities
-10,500	-18,100	-18,500	-15,100	-20,700	-17,300	-19,700	-15,800	-18,100	-15,300	-22,400	-17,000	-378,300	-13,500	-13,400	-23,300	-17,500	-24,500	-12,500	-21,500	-3,300	-18,400	-14,000	-13,700	-10,600	-7,100	-10,100	-16,100	-12,500	-15,000	-12,300	-19,900	-14,362	-19,296	-11,442	-26,103	-3,051	-7,503	-4,486
Cash flows from financing activities:
Borrowings of debt
176,500	95,900	342,100	42,000	42,500	40,800	105,900	49,500	39,000	34,400	48,100	83,700	446,100	15,100	14,200	9,000	13,100	3,800	12,100	6,400	8,500	4,600	16,900	24,600	7,600	44,200	76,200	97,000	7,800	3,400	58,500	-	-	-	-	-	-	-	-
Repayments of debt
197,000	84,600	329,100	52,600	57,100	69,500	72,700	60,400	61,200	64,600	36,700	89,200	93,100	15,200	4,900	2,300	11,200	4,200	9,400	10,800	14,100	6,800	19,200	27,800	9,300	42,200	73,100	97,700	6,700	24,500	38,200	-	-	-	-	-	-	-	-
Dividend paid to noncontrolling interest
0	0	1,300	0	0	0	1,800	0	0	0	900	0	0	0	0	0	0	0	900	0	0	0	0	0	0	0	500	0	0	0	0	-	-	-	-	-	-	-	-
Book overdrafts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-407
Purchases of treasury stock under share repurchase program
0	0	2,400	-	600	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing fees paid
0	0	1,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,181	83	2,635	-354	2,249	1,024
Borrowings of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,704	75,045	23,156	10,736	160,393	58,570
Repayments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,051	35,629	30,546	25,749	154,238	40,039
Capital contribution by noncontrolling interest in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	936	-	0	0	0
Other - net
100	-300	-2,700	400	-200	200	-3,800	0	2,400	1,200	-900	-100	800	0	-1,100	100	100	0	-600	-200	0	-100	300	300	0	600	-1,200	900	-200	200	-200	100	-21	1,018	-97	-	935	34	-19
Net cash used for financing activities
-20,400	11,000	5,500	-9,600	-15,400	-28,500	27,600	-10,900	-19,800	-29,000	9,600	-5,800	345,300	-100	8,200	2,000	-100	-400	1,200	-4,700	-5,600	-2,300	-2,000	-2,900	-1,700	1,700	1,400	200	900	-20,900	20,100	-2,500	-4,954	-14,084	40,338	-4,531	-14,432	8,438	19,129
Effect of exchange rate changes on cash
400	-800	-100	-400	200	-700	-1,800	0	700	900	1,400	400	-1,400	500	-1,200	1,700	-1,400	-800	1,600	-2,600	-3,000	-3,100	300	-300	1,000	1,300	-100	-600	300	300	-800	200	85	-1,886	501	917	11	2,715	-2,643
Net decrease in cash, cash equivalents and restricted cash
-2,100	9,100	-12,600	10,800	-5,200	-5,700	2,000	-8,500	-4,000	8,800	9,200	-15,700	-13,000	-1,100	-4,800	-12,600	16,600	4,200	-9,800	-9,400	8,600	-2,700	-13,200	900	26,400	29,000	7,100	-9,100	3,300	-13,600	11,800	5,300	-4,088	-18,110	15,398	-7,485	-3,028	9,146	-9,360