The Manitowoc Company, Inc. MTW Cash Flow

The manitowoc company, inc. (MTW)

CashFlow / Quarterly

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 loss
-7,800	9,300	18,000	46,000	-26,700	-78,300	11,500	9,700	-10,000	35,300	9,600	500	-36,000	-33,400	-140,700	-5,800	-195,900	45,800	4,800	23,300	-8,400	33,000	73,100	46,600	-4,900	54,400	50,600	54,500	8,100	32,100	19,700	43,000	-2,200	12,500	21,200	1,900	-53,300	-67,500	500	13,300	-23,600
Adjustments to reconcile net loss to cash used for operating activities:
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,400	-1,800	-800	-3,200	56,400	34,400	27,500	17,100	162,900	-200	-300	-1,000	-3,900	-3,200	-7,600	-4,100	-16,600	300	400	-400	-12,700	-100	-300	-2,700	-10,500	1,900	400	100
Depreciation
9,000	8,700	8,900	8,600	8,800	8,900	9,000	9,100	9,100	9,000	9,200	9,300	10,600	10,700	11,300	11,400	12,200	14,100	12,500	12,200	11,800	-3,500	17,800	18,500	14,400	15,300	15,700	17,700	19,800	17,000	16,900	16,400	17,800	17,600	21,500	18,800	22,300	16,900	21,500	24,100	24,000
Amortization of intangible assets
100	100	0	100	100	100	0	100	100	100	0	300	400	800	700	800	700	700	800	700	800	-23,100	8,800	8,800	8,800	8,800	8,600	8,900	9,000	8,600	9,300	9,300	9,300	8,200	9,900	9,600	9,700	8,700	9,500	9,700	9,500
Restructuring expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	900	2,100	800	-	1,500	1,400	300
Amortization of deferred financing fees
400	300	400	400	400	400	500	400	500	500	500	400	500	400	500	400	900	1,000	1,100	1,000	1,100	1,100	1,000	1,100	1,200	1,700	1,800	1,700	1,800	2,100	2,000	2,100	2,000	2,200	2,200	2,600	3,400	4,600	5,300	5,200	6,900
Deferred income tax (benefit) - net
-	-	-	-	-	-	-	-	-	-	-	-	-	215,400	-2,600	-1,100	-110,300	38,200	-1,000	300	-33,100	-25,800	13,400	2,300	-1,400	12,400	-300	1,000	300	10,300	-3,100	-500	1,800	-29,000	-500	1,700	3,300	-2,700	-21,300	600	-2,000
Noncash loss on early extinguishment of debt
-	0	0	0	-25,000	-	-	-	-	-	-	-	-	0	0	0	-15,400	-200	0	0	0	-100	0	0	-6,200	-2,600	0	0	-400	-6,300	0	0	0	-1,900	0	-24,200	-3,600	-27,200	-1,100	0	-15,700
(Gain) loss on sale of property, plant and equipment
100	-	-	-	-400	-2,600	-500	900	1,300	-1,100	0	200	800	0	600	-2,100	400	0	-300	500	100	3,700	1,800	1,500	-200	-500	100	-2,700	-600	-2,200	200	-600	-400	1,600	0	400	100	200	1,600	2,600	-1,100
Loss on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,100	0	-9,900	-1,100	0	0	-1,600	0	0	0	0	-1,000	0	-200	-33,400	-	-	-	-
Other
-3,400	-1,400	-2,700	-2,300	-3,700	200	-6,900	2,300	-3,000	-2,100	-2,000	3,100	-7,500	-2,000	-1,800	-5,300	9,800	1,200	-2,600	-2,700	-3,400	900	-1,900	-3,300	4,500	-2,500	-3,400	-4,500	-4,500	-4,600	-3,200	-3,700	-4,900	-	-	-5,000	-3,500	-1,500	-3,700	-5,000	1,800
Changes in operating assets and liabilities
Accounts receivable
5,600	-60,000	-38,400	26,900	195,700	167,100	112,400	143,100	130,800	155,800	93,200	107,900	78,600	460,800	-58,600	7,200	26,100	-2,100	11,800	-2,800	3,800	-68,000	-4,600	17,800	43,100	-33,600	-52,700	0	12,000	-6,400	7,800	16,100	18,400	-30,700	-34,700	100,600	63,100	-50,800	-43,300	-14,200	90,400
Inventories
88,500	-69,100	-19,100	12,000	94,500	-33,600	26,800	8,000	71,500	-88,500	100	4,000	33,300	-85,200	-7,400	6,200	33,700	-96,200	7,800	43,300	52,300	-167,300	3,200	30,000	101,500	-128,700	30,000	18,700	102,200	-158,100	44,700	56,500	99,700	-142,400	94,300	51,200	108,800	-63,800	-5,000	21,300	46,700
Notes receivable
-2,600	-	-	-	-	-600	-9,700	-4,200	-4,100	-3,800	-5,500	-3,800	-5,700	-7,600	-17,100	-5,900	-1,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
1,700	-9,100	11,300	-12,000	-14,100	3,400	-5,800	8,500	-8,800	-12,500	6,800	2,400	-700	-4,600	1,800	3,300	6,400	35,800	-25,800	-27,200	36,100	12,400	2,400	6,800	5,500	-23,900	16,200	28,400	1,900	-13,400	-5,200	400	20,800	-1,900	25,900	-4,600	-15,900	-3,400	-6,800	-5,300	-14,300
Accounts payable
28,100	-22,300	-59,500	-4,500	26,600	11,700	-24,400	22,600	46,600	-9,300	-10,400	9,600	37,200	-18,800	-46,200	-29,600	-11,200	13,400	-33,300	37,100	-29,600	-3,200	-50,800	57,000	-32,800	6,500	-14,500	3,700	2,700	26,600	-4,000	100	6,600	-21,300	13,000	58,700	53,200	-22,000	-18,100	41,400	44,900
Accrued expenses and other liabilities
-18,500	4,000	22,500	8,600	-29,500	27,500	-32,500	16,400	-27,000	24,100	-18,200	12,100	-23,200	16,800	-10,800	8,900	-24,200	-15,800	1,200	-900	23,100	-48,300	23,000	-4,700	-115,400	1,800	40,600	-5,200	-39,100	-34,700	47,300	4,300	-28,500	-29,200	18,900	-6,800	-56,000	7,600	-5,800	-22,100	-23,100
Net cash used for operating activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-396,100	-1,400	-15,400	-163,400	51,300	-37,200	34,500	-74,100	15,500	59,900	72,500	-264,600	272,900	116,100	48,000	-102,900	249,000	49,700	6,600	-130,000	206,900	5,200	-32,700	-136,100	150,200	49,500	70,200	-67,400
Net cash used for operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-600	-1,600	-900	-46,800	123,400	43,500	21,000	-61,600	204,900	-100	-300	-6,800	-2,400	-1,100	-2,400	-5,100	-15,700	1,200	1,500	100	-7,500	-200	-300	-18,200	6,900	-7,600	9,700	-2,200
Net cash used for operating activities
-78,600	144,600	37,500	31,900	-267,300	-92,500	-152,200	-99,900	-168,400	-30,800	-103,200	-81,600	-109,300	-396,700	-3,000	-16,300	-210,200	174,700	6,300	55,500	-135,700	220,400	59,800	72,200	-271,400	270,500	115,000	45,600	-108,000	233,300	50,900	8,100	-129,900	199,400	5,000	-33,000	-154,300	157,100	41,900	79,900	-69,600
Cash Flows from Investing Activities:
Capital expenditures
3,600	12,700	12,700	5,300	4,400	10,300	6,200	8,800	6,400	11,900	5,100	8,100	3,800	11,100	10,100	13,800	10,900	23,000	9,400	14,000	8,500	1,600	22,900	18,300	16,700	37,900	26,300	25,600	20,900	22,700	15,500	20,500	14,200	32,300	13,700	11,000	7,600	13,700	7,800	6,400	8,000
Proceeds from sale of fixed assets
100	0	12,400	0	4,800	800	3,800	2,100	6,300	300	1,400	3,600	1,700	6,100	1,400	-300	1,200	1,100	1,100	3,100	2,000	4,000	6,700	1,100	1,000	2,700	500	400	500	100	500	200	0	11,500	2,900	2,100	800	9,800	1,600	5,900	5,900
Cash receipts on sold accounts receivable
-	0	0	0	126,300	151,800	163,300	94,000	144,000	142,900	113,600	69,500	76,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-500	600	-300	0	600	100	-3,100	-200	-18,500	-400	0	13,200	3,200	-1,400	-300	500	400	-100	3,100	-100	-2,000	-300	-300	400	-300	300	3,200	-200
Business acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,800
Proceeds from sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	39,200	0	0	0	0	0	0	0	143,600	-	-	-	-
Net cash provided by investing activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	449,400	-9,300	-13,800	-9,700	-22,500	-8,400	-7,800	-6,300	-	-	-	-	-50,600	-24,400	-24,900	18,300	-	-	-	-	-	-	-8,600	136,400	-7,400	-2,700	-3,700	-6,700
Net cash used for investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-2,400	69,200	-3,100	-3,600	-3,400	-	-	-	-	0	-200	-200	-200	-	-	-	-	-	-	-	-	-1,700	-800	-1,400	-500
Net cash provided by (used for) investing activities
-3,500	-12,700	-300	-5,300	126,700	142,300	160,900	87,300	143,900	131,400	110,000	65,200	74,700	449,400	-9,300	-13,800	-12,100	46,700	-11,500	-11,400	-9,700	-4,400	-15,800	-17,200	-28,900	-50,600	-24,600	-25,100	18,100	-23,000	-14,900	-23,500	-14,100	-	-	-	-	-9,100	-3,500	-5,100	-7,200
Cash Flows from Financing Activities:
Proceeds from revolving credit facility
-	8,300	48,600	24,800	58,000	-	-	-	-	-	-	-	-	-	-	-	-	-	27,000	-33,000	175,000	-	-64,000	-46,000	314,000	-51,100	-87,400	-45,600	149,700	-89,000	-25,400	900	147,900	-122,200	6,400	-20,400	112,000	-	-	-	7,000
Payments on revolving credit facility
-	8,300	48,600	57,800	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term debt
-	0	0	-1,200	277,800	-	-	-	2,100	3,400	2,700	1,500	3,300	17,000	6,100	20,700	1,345,200	57,800	13,000	12,000	22,600	35,300	16,400	12,900	570,700	210,700	17,000	9,300	29,500	425,100	22,000	21,600	26,700	98,700	33,700	692,200	135,700	783,500	57,100	4,600	405,600
Proceeds from long-term debt
-	0	0	0	300,000	-	-	-	-	-	-	-	2,000	10,100	900	5,900	255,200	3,500	200	700	700	16,300	9,200	31,100	580,600	14,700	9,000	10,200	9,100	310,200	8,200	30,700	34,200	3,400	29,800	776,100	29,700	609,800	15,800	16,400	421,000
Other debt - net
-500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from securitization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	38,000	63,000
Payments on notes financing - net
-	-	-	-	-	-	-	-	-	-	-700	-700	-2,200	300	-3,700	-1,300	-3,700	600	-700	-3,800	-5,500	14,500	-2,200	-5,400	-7,200	7,500	-3,200	16,600	-14,300	11,100	-2,800	-7,200	-11,500	22,100	-5,900	-700	-700	-700	-200	-1,600	-1,600
Debt issuance costs
-	0	100	2,600	5,600	-	-	-	-	-	-	-	-	0	600	400	7,900	0	0	0	0	200	100	0	4,900	1,100	0	0	0	-	-	-	100	-	-	-	-	15,500	200	600	10,700
Exercises of stock options including windfall tax benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600	1,900	3,900	100	500	3,400	700	2,400	2,900	19,900	-	-	-	-	-	-	-	-	1,000	100	800	700	-	200	0	400
Exercises of stock options
100	-	100	0	100	-	500	700	1,300	-	800	200	2,700	-	-	-	-	-	-	-	-	-	-	-	-	-	900	200	2,700	-	1,000	400	1,200	-	-	-	-	-	-	-	-
Common stock repurchases
12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend from spun-off subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,361,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash transferred to spun-off subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	17,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-23,600	14,400	-15,900	244,300	-229,700	13,600	-47,600	151,000	-218,800	-71,100	-30,300	331,700	-248,500	-97,700	-27,900	117,700	-	-	-	-	-205,400	17,500	50,000	6,000	-	-41,500	-60,400	73,500
Net cash provided by financing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	200	-300	-100	200	0	-300	0	0	-7,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
-12,400	-1,400	-4,700	-39,900	49,700	800	-1,100	-200	-800	-12,300	-2,900	6,300	-800	-23,600	14,400	-15,900	244,500	-230,000	13,500	-47,400	151,000	-219,100	-71,100	-30,300	324,500	-248,500	-97,700	-27,900	117,700	-205,000	-26,500	3,300	145,000	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-1,300	1,300	0	-700	-400	-900	-700	-2,900	1,700	1,400	200	200	600	-300	0	-400	1,600	-3,200	-800	2,800	-5,400	-3,700	-1,600	0	-300	-800	0	-2,000	0	-100	2,000	-1,900	1,200	-1,200	-3,000	300	600	600	3,900	-1,800	-2,700
Net decrease in cash and cash equivalents
-95,800	131,800	32,500	-14,000	-91,300	49,700	6,900	-15,700	-23,600	89,700	4,100	-9,900	-34,800	28,800	2,100	-46,400	23,800	-11,800	7,500	-500	200	-6,800	-28,700	24,700	23,900	-29,400	-7,300	-9,400	27,800	5,200	11,500	-14,000	2,200	-20,100	9,000	8,700	-11,300	-27,400	800	12,600	-6,000