Neenah Inc NP Cash Flow

Neenah inc (NP)

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
OPERATING ACTIVITIES
Net income
16,400	15,600	14,400	13,600	11,800	12,900	12,100	-4,800	16,200	18,900	18,800	25,000	17,600	16,400	16,400	21,000	19,200	12,000	6,100	16,700	16,300	26,900	13,600	15,000	13,200	13,100	11,400	12,800	14,700	13,600	9,100	12,700	8,900	7,700	6,700	7,800	6,900
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
8,600	8,700	11,200	10,200	8,800	8,800	8,800	9,100	9,400	9,000	8,400	8,100	7,800	8,000	7,800	8,000	8,200	8,400	8,700	7,200	7,200	7,600	7,800	7,400	7,200	7,600	7,400	7,200	7,200	7,000	7,200	7,300	7,300	7,500	7,900	7,900	7,700
Loss on retirement of bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-2,400
Impairment loss (Note 13)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-1,800	0	0	0	-6,600	-	-	-	-
Stock-based compensation
1,500	800	1,200	1,700	1,900	300	700	1,200	1,800	2,100	900	900	2,500	1,400	200	1,700	2,500	2,000	1,000	1,600	1,900	1,900	1,100	1,600	1,400	900	1,300	1,000	1,700	1,000	900	1,400	1,600	1,200	900	1,200	1,000
Excess tax benefit from stock-based compensation (Note 9)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,500	200	400	500	2,600	500	600	1,900	2,200	0	100	300	1,000	300	100	4,700	200	200	300	300
Deferred income tax provision
1,100	2,300	-800	1,400	500	2,500	-600	-6,100	2,300	-4,600	3,200	-2,100	3,300	6,500	4,200	2,700	3,500	-4,000	3,600	4,100	4,600	-14,300	4,500	8,800	4,700	5,600	1,300	5,500	6,900	1,800	3,100	4,400	1,400	1,500	1,600	2,900	1,400
Accounts Receivable, Credit Loss Expense (Reversal)
1,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment
-	-	-	-	-	0	0	-1,000	-800	-600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash effects of changes in liabilities for uncertain income tax positions
0	-200	-100	0	-400	0	0	0	100	-300	100	100	0	-	-	-	-	0	0	100	-200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension settlement charge, net of plan payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,400	-	-	-	-
Increase in working capital
13,700	2,000	-8,700	-13,600	20,900	-7,200	-10,400	-300	18,900	-400	-5,300	6,200	11,300	5,900	-15,200	-8,300	18,800	-9,900	-8,100	-9,300	25,500	-6,800	-1,100	-7,900	6,800	-11,900	-14,500	-3,100	22,900	-5,900	-12,400	21,900	17,300	-3,000	-9,700	5,300	14,600
Pension and other postretirement benefits
-400	-1,500	-1,300	-2,400	1,500	1,200	-9,100	-900	-3,500	-6,900	-800	-2,200	1,900	-8,600	-3,100	-900	1,700	-1,000	1,700	1,400	800	-7,900	-6,700	-900	-2,800	-5,600	-1,400	-1,400	-3,100	-6,000	-200	-500	-600	-2,900	-1,300	-900	-2,600
Other
300	-1,000	0	200	200	900	700	200	100	800	-100	200	-200	-	-	-	200	600	-700	-300	500	1,200	100	-200	-200	-	-	-	-	-500	-200	-200	-200	-200	-300	-200	-500
NET CASH PROVIDED BY OPERATING ACTIVITIES
14,200	23,200	33,400	38,000	3,000	29,000	23,900	31,700	8,100	18,400	36,200	23,400	22,000	18,100	40,600	41,000	16,100	31,700	35,000	39,400	5,100	21,900	20,700	37,100	14,800	19,000	34,500	27,600	2,400	18,200	32,100	3,400	-13,600	17,700	25,000	13,100	1,400
INVESTING ACTIVITIES
Purchase of brands (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,200	0	0	0	14,100	-	-	-	-
Capital expenditures
4,800	7,500	4,900	4,700	4,300	10,000	12,300	8,200	7,600	15,500	8,000	7,700	11,500	19,100	20,800	17,300	11,300	22,400	13,100	6,900	5,700	12,700	6,100	4,800	4,300	8,300	10,700	5,000	4,700	9,300	6,500	5,800	3,500	4,200	6,000	4,700	8,200
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-7,000	-	-	-	-
Purchase of marketable securities
0	100	0	100	200	100	0	0	0	-	-	-	-	-	-	-	-	100	0	0	100	200	100	200	100	-	-	-	-	0	0	0	100	-6,500	1,600	2,300	1,400
Other
100	800	400	100	200	500	600	-100	300	300	200	-100	200	-300	0	-400	400	0	-200	-400	100	1,000	0	0	100	100	-100	0	-100	-	-	-	-	-	200	-500	-100
NET CASH USED IN INVESTING ACTIVITIES
-4,900	-8,400	-5,300	-4,900	-4,700	-5,400	-12,900	-8,100	-7,900	-59,500	-16,200	-7,600	-11,700	-18,700	-20,800	-17,000	-11,700	-16,600	-131,100	-6,500	-5,900	-13,900	-78,600	-7,900	-4,500	-8,500	-10,000	-5,000	-9,800	-9,500	-6,400	-5,700	-10,700	-5,100	-7,800	-6,500	-9,500
FINANCING ACTIVITIES
Long-term borrowings (Note 4)
88,700	8,000	31,200	61,400	62,900	48,000	74,300	46,300	104,200	111,400	73,900	56,600	81,800	57,100	52,600	44,200	89,100	-	-	-	-	-	-	-	-	100	0	195,000	23,700	66,700	0	20,200	25,000	2,500	0	0	27,800
Repayments of long-term debt (Note 4)
17,000	12,800	48,900	84,400	55,500	56,000	78,100	61,000	90,500	81,200	72,400	62,800	76,900	46,600	61,300	63,200	81,800	118,400	13,800	8,700	4,700	-	-	-	-	900	500	188,900	18,900	67,700	15,000	10,800	2,500	9,400	13,400	9,300	66,600
Debt issuance costs
500	0	0	200	200	1,500	300	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	300
Excess tax benefit from stock-based compensation (Note 9)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,500	200	400	500	2,600	500	600	1,900	2,200	0	100	300	1,000	300	100	4,700	200	200	300	300
Cash dividends paid
8,000	7,600	7,700	7,600	7,600	7,000	6,900	6,900	7,000	6,200	6,300	6,300	6,300	5,600	5,700	5,500	5,600	5,100	5,100	5,000	5,100	4,500	4,600	4,000	4,000	3,300	3,300	2,500	2,400	2,000	1,900	2,000	1,900	1,700	1,700	1,600	1,700
Shares purchased (Note 7)
3,800	1,100	3,100	1,700	300	4,500	0	1,000	5,300	2,300	200	0	6,800	8,400	2,600	100	5,300	2,400	2,200	500	3,300	4,000	300	100	100	-	-	-	-	5,400	0	1,300	5,000	0	0	0	500
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	200	1,000	7,900	400	2,000	6,100
Repayments of short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,200	12,400	6,800	-	-	-	-	0	5,000	5,600	10,500	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	0	300	200	100	0	0	100	300	100	-300	500	100	300	500	200	200	100	100	800	2,600	1,300	1,300	400	700	400	800	200	3,900	1,100	400	900	200
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
59,400	-13,500	-28,500	-32,500	-700	-21,000	-10,700	-22,400	1,500	21,500	-5,000	-12,400	-7,900	-3,500	-17,000	-24,400	-3,500	-16,400	23,700	-13,700	-12,400	40,900	-10,100	-14,200	-6,400	14,600	-3,500	500	3,400	-7,700	-21,000	1,000	14,700	-3,500	-15,400	-10,200	-34,700
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
-200	300	-300	-100	100	-100	-100	-400	200	-100	0	300	0	-100	0	-200	0	0	-100	0	-600	-	-	-	-100	-	-	-	-	-	-	-200	100	-	0	0	100
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
68,500	1,600	-700	500	-2,300	2,500	200	800	1,900	-19,700	15,000	3,700	2,400	-4,200	2,800	-600	900	-1,300	-72,500	19,200	-13,800	48,600	-68,300	15,100	3,800	25,200	21,300	23,100	-4,000	1,200	4,800	-1,500	-9,500	9,000	1,800	-3,600	-42,700
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during period for interest, net of interest costs capitalized
200	-	300	5,100	600	-	600	5,300	800	-	500	5,000	600	-	100	4,900	200	-	300	5,100	400	-	200	5,000	300	-	200	4,400	700	-	300	6,400	300	-	400	6,700	1,800
Cash paid during period for income taxes
2,000	-	2,100	5,000	4,300	-	400	3,800	2,400	-	1,200	3,500	1,700	-	4,500	4,300	5,300	-	3,500	4,800	3,900	-	1,400	2,500	1,200	-	600	1,200	2,400	-	1,200	3,400	900	-	500	1,200	400
Non-cash investing activities:
Liability for equipment acquired
2,400	-	1,400	-900	2,600	-	1,000	-100	3,000	-	600	-1,100	3,500	-	2,900	1,600	5,500	-	1,700	3,100	1,200	-	-200	1,200	900	-	-400	1,200	1,100	-	-1,100	1,200	1,200	-	0	200	900
Liability related to acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	600	-	-	0	500	-	-	-	-