The Manitowoc Company, Inc. MTW Cash Flow

The manitowoc company, inc. (MTW)

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 loss
65,500	46,600	-41,000	-47,500	-83,800	-67,100	46,500	44,600	35,400	9,400	-59,300	-209,600	-215,900	-375,800	-296,600	-151,100	-122,000	65,500	52,700	121,000	144,300	147,800	169,200	146,700	154,600	167,600	145,300	114,400	102,900	92,600	73,000	74,500	33,400	-17,700	-97,700	-118,400	-107,000	-77,300	0	0	0
Adjustments to reconcile net loss to cash used for operating activities:
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-7,200	50,600	86,800	115,100	135,400	241,900	207,300	179,500	161,400	-5,400	-8,400	-15,700	-18,800	-31,500	-28,000	-20,000	-16,300	-12,400	-12,800	-13,500	-15,800	-13,600	-11,600	-10,900	-8,100	0	0	0
Depreciation
35,200	35,000	35,200	35,300	35,800	36,100	36,200	36,400	36,600	38,100	39,800	41,900	44,000	45,600	49,000	50,200	51,000	50,600	33,000	38,300	44,600	47,200	66,000	63,900	63,100	68,500	70,200	71,400	70,100	68,100	68,700	73,300	75,700	80,200	79,500	79,500	84,800	86,500	0	0	0
Amortization of intangible assets
300	300	300	300	300	300	300	300	500	800	1,500	2,200	2,700	3,000	2,900	3,000	2,900	3,000	-20,800	-12,800	-4,700	3,300	35,200	35,000	35,100	35,300	35,100	35,800	36,200	36,500	36,100	36,700	37,000	37,400	37,900	37,500	37,600	37,400	0	0	0
Restructuring expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Amortization of deferred financing fees
1,500	1,500	1,600	1,700	1,700	1,800	1,900	1,900	1,900	1,900	1,800	1,800	1,800	2,200	2,800	3,400	4,000	4,200	4,300	4,200	4,300	4,400	5,000	5,800	6,400	7,000	7,400	7,600	8,000	8,200	8,300	8,500	9,000	10,400	12,800	15,900	18,500	22,000	0	0	0
Deferred income tax (benefit) - net
-	-	-	-	-	-	-	-	-	-	-	-	-	101,400	-75,800	-74,200	-72,800	4,400	-59,600	-45,200	-43,200	-11,500	26,700	13,000	11,700	13,400	11,300	8,500	7,000	8,500	-30,800	-28,200	-26,000	-24,500	1,800	-19,000	-20,100	-25,400	0	0	0
Noncash loss on early extinguishment of debt
-	-25,000	0	0	0	-	-	-	-	-	-	-	-	-15,400	-15,600	-15,600	-15,600	-200	-100	-100	-100	-6,300	-8,800	-8,800	-8,800	-3,000	-6,700	-6,700	-6,700	-6,300	-1,900	-1,900	-26,100	-29,700	-55,000	-56,100	-31,900	-44,000	0	0	0
(Gain) loss on sale of property, plant and equipment
0	-	-	-	-2,600	-900	600	1,100	400	-100	1,000	1,600	-700	-1,100	-1,100	-2,000	600	300	4,000	6,100	7,100	6,800	2,600	900	-3,300	-3,700	-5,400	-5,300	-3,200	-3,000	800	600	1,600	2,100	700	2,300	4,500	3,300	0	0	0
Loss on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,000	-12,100	-11,000	-11,000	-2,700	-1,600	-1,600	-1,600	0	-1,000	-1,000	-1,200	-34,600	0	0	0	-	-	-	-
Other
-9,800	-10,100	-8,500	-12,700	-8,100	-7,400	-9,700	-4,800	-4,000	-8,500	-8,400	-8,200	-16,600	700	3,900	3,100	5,700	-7,500	-7,800	-7,100	-7,700	200	-3,200	-4,700	-5,900	-14,900	-17,000	-16,800	-16,000	-16,400	0	0	0	-	-	-13,700	-13,700	-8,400	0	0	0
Changes in operating assets and liabilities
Accounts receivable
-65,900	124,200	351,300	502,100	618,300	553,400	542,100	522,900	487,700	435,500	740,500	588,700	488,000	435,500	-27,400	43,000	33,000	10,700	-55,200	-71,600	-51,000	-11,700	22,700	-25,400	-43,200	-74,300	-47,100	13,400	29,500	35,900	11,600	-30,900	53,600	98,300	78,200	69,600	-45,200	-17,900	0	0	0
Inventories
12,300	18,300	53,800	99,700	95,700	72,700	17,800	-8,900	-12,900	-51,100	-47,800	-55,300	-53,100	-52,700	-63,700	-48,500	-11,400	7,200	-63,900	-68,500	-81,800	-32,600	6,000	32,800	21,500	22,200	-7,200	7,500	45,300	42,800	58,500	108,100	102,800	111,900	190,500	91,200	61,300	-800	0	0	0
Notes receivable
0	-	-	-	-	-18,600	-21,800	-17,600	-17,200	-18,800	-22,600	-34,200	-36,300	-32,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-8,100	-23,900	-11,400	-28,500	-8,000	-2,700	-18,600	-6,000	-12,100	-4,000	3,900	-1,100	-200	6,900	47,300	19,700	-10,800	18,900	-4,500	23,700	57,700	27,100	-9,200	4,600	26,200	22,600	33,100	11,700	-16,300	2,600	14,100	45,200	40,200	3,500	2,000	-30,700	-31,400	-29,800	0	0	0
Accounts payable
-58,200	-59,700	-25,700	9,400	36,500	56,500	35,500	49,500	36,500	27,100	17,600	-18,200	-57,400	-105,800	-73,600	-60,700	6,000	-12,400	-29,000	-46,500	-26,600	-29,800	-20,100	16,200	-37,100	-1,600	18,500	29,000	25,400	29,300	-18,600	-1,600	57,000	103,600	102,900	71,800	54,500	46,200	0	0	0
Accrued expenses and other liabilities
16,600	5,600	29,100	-25,900	-18,100	-15,600	-19,000	-4,700	-9,000	-5,200	-12,500	-5,100	-8,300	-9,300	-41,900	-29,900	-39,700	7,600	-24,900	-3,100	-6,900	-145,400	-95,300	-77,700	-78,200	-1,900	-38,400	-31,700	-22,200	-11,600	-6,100	-34,500	-45,600	-73,100	-36,300	-61,000	-76,300	-43,400	0	0	0
Net cash used for operating activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-576,300	-128,900	-164,700	-114,800	-25,500	-61,300	35,800	73,800	-116,700	140,700	196,900	172,400	334,100	310,200	243,800	202,400	175,300	133,200	88,700	49,400	43,300	-13,400	30,900	133,800	202,500	0	0	0
Net cash used for operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-49,900	74,100	119,200	141,100	126,300	207,800	164,200	142,900	197,700	-9,600	-10,600	-12,700	-11,000	-24,300	-22,000	-18,100	-12,900	-4,700	-6,100	-7,900	-26,200	-11,800	-19,200	-9,200	6,800	0	0	0
Net cash used for operating activities
135,400	-53,300	-290,400	-480,100	-611,900	-513,000	-451,300	-402,300	-384,000	-324,900	-690,800	-590,600	-525,300	-626,200	-54,800	-45,500	26,300	100,800	146,500	200,000	216,700	81,000	131,100	186,300	159,700	323,100	285,900	221,800	184,300	162,400	128,500	82,600	41,500	17,100	-25,200	11,700	124,600	209,300	0	0	0
Cash Flows from Investing Activities:
Capital expenditures
34,300	35,100	32,700	26,200	29,700	31,700	33,300	32,200	31,500	28,900	28,100	33,100	38,800	45,900	57,800	57,100	57,300	54,900	33,500	47,000	51,300	59,500	95,800	99,200	106,500	110,700	95,500	84,700	79,600	72,900	82,500	80,700	71,200	64,600	46,000	40,100	35,500	35,900	0	0	0
Proceeds from sale of fixed assets
12,500	17,200	18,000	9,400	11,500	13,000	12,500	10,100	11,600	7,000	12,800	12,800	8,900	8,400	3,400	3,100	6,500	7,300	10,200	15,800	13,800	12,800	11,500	5,300	4,600	4,100	1,500	1,500	1,300	800	12,200	14,600	16,500	17,300	15,600	14,300	18,100	23,200	0	0	0
Cash receipts on sold accounts receivable
-	126,300	278,100	441,400	535,400	553,100	544,200	494,500	470,000	402,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-200	900	400	-2,400	-2,600	-21,700	-22,200	-19,100	-5,700	16,000	15,000	14,700	2,000	-800	500	3,900	3,300	900	700	-2,700	-2,200	-500	100	3,600	3,000	0	0	0
Business acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,800	0	0	0
Proceeds from sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39,200	39,200	39,200	39,200	0	0	0	0	143,600	0	0	0	-	-	-	-
Net cash provided by investing activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	416,600	-55,300	-54,400	-48,400	-45,000	0	0	0	-	-	-	-	-81,600	0	0	0	-	-	-	-	-	-	117,700	122,600	-20,500	0	0	0
Net cash used for investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-2,400	66,800	63,700	60,100	59,100	0	0	0	-	-	-	-	-600	0	0	0	-	-	-	-	-	-	-	-	-4,400	0	0	0
Net cash provided by (used for) investing activities
-21,800	108,400	263,400	424,600	517,200	534,400	523,500	472,600	450,500	381,300	699,300	580,000	501,000	414,200	11,500	9,300	11,700	14,100	-37,000	-41,300	-47,100	-66,300	-112,500	-121,300	-129,200	-82,200	-54,600	-44,900	-43,300	-75,500	0	0	0	-	-	-	-	-24,900	0	0	0
Cash Flows from Financing Activities:
Proceeds from revolving credit facility
-	139,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	152,900	129,500	129,900	-34,400	-72,300	-10,300	36,200	34,400	1,200	33,000	11,700	-24,200	0	0	0	-	-	-	0
Payments on revolving credit facility
-	139,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term debt
-	276,600	0	0	0	-	-	-	9,700	10,900	24,500	27,900	47,100	1,389,000	1,429,800	1,436,700	1,428,000	105,400	82,900	86,300	87,200	635,300	810,700	811,300	807,700	266,500	480,900	485,900	498,200	495,400	169,000	180,700	851,300	960,300	1,645,100	1,668,500	980,900	1,250,800	0	0	0
Proceeds from long-term debt
-	300,000	0	0	0	-	-	-	-	-	-	-	18,900	272,100	265,500	264,800	259,600	5,100	17,900	26,900	57,300	637,200	635,600	635,400	614,500	43,000	338,500	337,700	358,200	383,300	76,500	98,100	843,500	839,000	1,445,400	1,431,400	671,700	1,063,000	0	0	0
Other debt - net
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from securitization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	101,000	0	0	0
Payments on notes financing - net
-	-	-	-	-	-	-	-	-	-	-3,300	-6,300	-6,900	-8,400	-8,100	-5,100	-7,600	-9,400	4,500	3,000	1,400	-300	-7,300	-8,300	13,700	6,600	10,200	10,600	-13,200	-10,400	600	-2,500	4,000	14,800	-8,000	-2,300	-3,200	-4,100	0	0	0
Debt issuance costs
-	8,300	0	0	0	-	-	-	-	-	-	-	-	8,900	8,900	8,300	7,900	0	200	300	300	5,200	6,100	6,000	6,000	1,100	0	0	0	-	-	-	0	-	-	-	-	27,000	0	0	0
Exercises of stock options including windfall tax benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,500	6,400	7,900	4,700	7,000	9,400	25,900	0	0	0	-	-	-	-	-	-	-	-	2,600	0	0	0	-	0	0	0
Exercises of stock options
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Common stock repurchases
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend from spun-off subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	1,361,700	1,361,700	1,361,700	1,361,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash transferred to spun-off subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	17,700	17,700	17,700	17,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	219,200	13,100	12,300	-19,400	-112,700	-101,800	-186,500	-169,200	11,500	-18,200	-44,800	-42,400	-256,400	0	0	0	-	-	-	-	-131,900	0	0	0	-	0	0	0
Net cash provided by financing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	200	-100	-200	0	-200	-200	-100	-300	-7,500	-7,200	-7,200	-7,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
-58,400	3,700	5,900	9,500	49,200	-1,300	-14,400	-16,200	-9,700	-9,700	-21,000	-3,700	-25,900	219,400	13,000	12,100	-19,400	-112,900	-102,000	-186,600	-169,500	4,000	-25,400	-52,000	-49,600	-256,400	-212,900	-141,700	-110,500	-83,200	0	0	0	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-700	200	-2,000	-2,700	-4,900	-2,800	-500	400	3,500	2,400	700	500	-100	900	-2,000	-2,800	400	-6,600	-7,100	-7,900	-10,700	-5,600	-2,700	-1,100	-3,100	-2,800	-2,100	-100	0	1,200	100	-4,900	-2,700	-3,300	-1,500	5,400	3,300	0	0	0	0
Net decrease in cash and cash equivalents
54,500	59,000	-23,100	-48,700	-50,400	17,300	57,300	54,500	60,300	49,100	-11,800	-13,800	-50,300	8,300	-32,300	-26,900	19,000	-4,600	400	-35,800	-10,600	13,100	-9,500	11,900	-22,200	-18,300	16,300	35,100	30,500	4,900	-20,400	-22,900	-200	-13,700	-21,000	-29,200	-25,300	-20,000	0	0	0