Office Depot, Inc. ODP Cash Flow

Office depot, inc. (ODP)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash flows from operating activities of continuing operations:
Cash flows from operating activities:
Net income
99,000	104,000	181,000	529,000	8,000	-352,000	-20,000	-77,000	96,000	-46,205	-598,724	-1,481,003
Income from discontinued operations, net of tax
-	5,000	35,000	-150,000	-84,000	-59,000	-	-	-	-	-	-
Net income from continuing operations
99,000	99,000	146,000	679,000	92,000	-293,000	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
204,000	192,000	159,000	181,000	253,000	277,000	209,000	203,000	211,000	208,319	224,115	254,099
Amortization of debt discount and issuance costs
8,000	10,000	3,000	3,000	-	-	-	-	-	-	-	-
Charges for losses on receivables and inventories
26,000	37,000	70,000	78,000	53,000	52,000	59,000	65,000	56,000	57,824	80,178	140,058
Earnings from equity method investments
-	-	-	-	-	-	-	30,000	31,000	30,635	30,579	37,113
Loss on extinguishment of debt
-	-	-	-	-	-	-	-13,000	-	-	-	-
Recovery of purchase price
-	-	-	-	-	-	-	58,000	-	-	-	-
Pension plan funding associated with recovery of purchase price
-	-	-	-	-	-	-	58,000	-	-	-	-
Dividends received
-	-	-	-	-	-	-	-	25,000	-	13,931	-
Asset impairments
56,000	7,000	4,000	15,000	13,000	56,000	70,000	139,000	11,000	51,295	-	-
Gain on disposition of assets, net
23,000	5,000	4,000	9,000	36,000	-7,000	3,000	2,000	-4,000	-8,709	-7,655	13,443
Loss on extinguishment and modification of debt
-	-15,000	-	-15,000	-	-	-	-	-	-	-	-
Compensation expense for share-based payments
33,000	27,000	28,000	40,000	41,000	35,000	38,000	14,000	14,000	20,840	33,316	39,561
Deferred income taxes and deferred tax asset valuation allowances
100,000	40,000	137,000	-231,000	1,000	-1,000	8,000	1,000	-15,000	15,551	325,886	-108,099
Loss (gain) on disposition of joint ventures
-	-	-	-	-	-	382,000	-	-	-	-	-
Goodwill and trade name impairments
-	-	-	-	-	-	-	-	-	-	-	1,269,893
Other asset impairments
-	-	-	-	-	-	-	-	-	-	26,175	222,379
Contingent consideration payments in excess of acquisition-date liability
11,000	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-24,000	2,000	9,000	-5,000	-9,000	-11,501	-7,199	-5,547
Changes in assets and liabilities:
Decrease in receivables
-63,000	-43,000	-15,000	-55,000	-55,000	20,000	2,000	-44,000	-100,000	-60,273	-126,131	-133,162
Decrease (increase) in inventories
-19,000	2,000	-160,000	-56,000	99,000	8,000	34,000	-53,000	-54,000	87,724	-37,583	-249,849
Net decrease in prepaid expenses, operating lease right-of-use assets, and other assets
-321,000	-4,000	-2,000	51,000	-20,000	-23,000	2,000	-	-26,000	-2,522	-28,165	16,986
Net increase (decrease) in trade accounts payable, accrued expenses, operating lease liabilities, and other current and other long-term liabilities
-532,000	140,000	-252,000	-339,000	-279,000	-33,000	-39,000	-133,000	-360,000	-69,144	15,408	-178,554
Other operating activities
-3,000	-9,000	1,000	-	-	-	-	-	-	-	-	-
Total adjustments
267,000	517,000	321,000	-187,000	46,000	386,000	-87,000	256,000	104,000	249,331	895,163	1,949,259
Net cash provided by operating activities of continuing operations
366,000	616,000	467,000	492,000	138,000	93,000	-107,000	179,000	200,000	203,126	296,439	468,256
Cash flows from investing activities:
Capital expenditures
150,000	187,000	141,000	111,000	144,000	96,000	137,000	120,000	130,000	169,452	130,847	330,075
Restricted cash
-	-	-	-	-	-	-	-	-	46,509	-	-6,037
Restricted cash
-	-	-	-	-	-	4,000	-	9,000	-	-6,037	-18,100
Businesses acquired, net of cash acquired
22,000	81,000	872,000	-	9,000	-	-	-	73,000	-	-	-
Acquired cash in Merger, net
-	-	-	-	-	-	457,000	-	-	-	-	-
Acquisitions, net of cash acquired, and related payments
-	-	-	-	-	-	-	-	-	10,952	-	102,752
Recovery of purchase price
-	-	-	-	-	-	-	50,000	-	-	-	-
Release of restricted cash
-	-	-	-	-	-	-	9,000	47,000	-	-	-
Proceeds from sale of joint ventures, net
-	-	-	-	-	43,000	675,000	-	-	-	-	-
Return of investment in Boise Cascade Holdings, L.L.C.
-	-	-	-	-	-	35,000	-	-	-	-	-
Proceeds from sale of available for sale securities
-	-	-	-	-	43,000	-	-	-	-	-	-
Purchase of assets held for sale and sold
-	-	-	-	-	-	-	-	-	-	-	-38,537
Proceeds from disposition of assets
50,000	15,000	30,000	23,000	-	-	-	-	-	35,393	150,131	120,632
Purchase of leased head office facility
-	-	42,000	-	-	-	-	-	-	-	-	-
Other investing activities
-3,000	-4,000	5,000	-4,000	-95,000	-5,000	-2,000	-31,000	-	-	-	-
Treasury stock additions from employee related plans
-	-	-	-	-	-	-	-	-	-	-	-944
Debt related fees
-	-	-	-	1,000	-	1,000	8,000	10,000	4,688	-	40,793
Cash used in extinguishment and modification of debt
-	7,000	-	12,000	-	-	-	13,000	-	-	-	-
Proceeds from assets sold and other
-	-	-	-	-	-	-	-	8,000	-	-	-
Cash flows from financing activities:
Net cash used in investing activities of continuing operations
-119,000	-249,000	-1,030,000	-84,000	-58,000	-5,000	1,028,000	-30,000	-157,000	-191,520	25,321	-338,669
Cash flows from financing activities of continuing operations:
Redemption of redeemable preferred stock
-	-	-	-	-	-	407,000	-	-	-	-	-
Proceeds from issuance of redeemable preferred stock, net
-	-	-	-	-	-	-	-	-	-	324,801	-
Redeemable preferred stock dividends
-	-	-	-	-	-	63,000	-	37,000	27,639	-	-
Proceeds from issuance of borrowings
-	-	-	-	-	4,000	23,000	22,000	10,000	52,488	24,321	139,098
Net payments on long and short-term borrowings
98,000	97,000	31,000	49,000	32,000	26,000	45,000	57,000	69,000	30,284	175,863	284,204
Net proceeds from employee share-based transactions
-	-	-	-	-	39,000	3,000	2,000	-	1,011	35	503
Debt retirement
735,000	194,000	-	250,000	-	-	150,000	250,000	-	-	-	-
Debt issuance
736,000	-	728,000	-	-	-	-	250,000	-	-	-	-
Cash dividends on common stock
55,000	55,000	53,000	26,000	-	-	-	-	-	-	-	-
Share purchases for taxes, net of proceeds from employee share-based transactions
9,000	3,000	17,000	-	7,000	-	-	-	-	-	-	-
Repurchase of common stock for treasury
40,000	39,000	56,000	132,000	-	-	-	-	-	-	-	-
Contingent consideration payments up to amount of acquisition-date liability
12,000	-	-	-	-	-	-	-	-	-	-	-
Advance received
-	-	-	-	-	-	-	-	-9,000	-	-	-
Acquisition of non-controlling interest
-	18,000	-	-	-	-	-	1,000	1,000	21,786	-	-
Payment to extinguish finance lease obligation
-	-	92,000	-	-	-	-	-	-	-	-	-
Tax benefit from employee share-based exercises
-	-	-	-	-	-	-	-	-	-	-	89
Other financing activities
1,000	-1,000	-6,000	-6,000	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities of continuing operations
-212,000	-414,000	473,000	-475,000	-26,000	17,000	-640,000	-55,000	-98,000	-30,898	173,294	-186,251
Cash flows from discontinued operations:
Operating activities of discontinued operations
0	11,000	-9,000	-122,000	-12,000	62,000	-	-	-	-	-	-
Investing activities of discontinued operations
0	66,000	-68,000	-70,000	-16,000	-22,000	-	-	-	-	-	-
Financing activities of discontinued operations
0	0	-8,000	5,000	1,000	-2,000	-	-	-	-	-	-
Net cash provided by (used in) discontinued operations
-	77,000	-85,000	-187,000	-27,000	38,000	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
5,000	-9,000	7,000	-8,000	-29,000	-27,000	3,000	6,000	-1,000	-13,128	9,099	-10,545
Net increase (decrease) in cash and cash equivalents
40,000	21,000	-168,000	-262,000	-2,000	116,000	284,000	100,000	-56,000	-32,420	504,153	-67,209
Supplemental information
Cash interest paid, net of amounts capitalized and Timber notes/Non-recourse debt
61,000	93,000	34,000	63,000	67,000	68,000	65,000	-	-	-	-	-
Cash taxes paid (refunded), net
-43,000	-5,000	18,000	48,000	-	-20,000	139,000	-	-	-	-	-
Non-cash asset additions under finance leases
27,000	24,000	5,000	9,000	25,000	19,000	10,000	-	-	-	-	-
Issuance of common stock associated with the Merger (refer to Note 2)
-	-	-	-	-	-	1,395,000	-	-	-	-	-