Overseas shipholding group inc (OSG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash Flows from Operating Activities:
Net income

30,603

8,675

-7,480

8,230

13,024

13,489

72,309

54,054

54,211

55,978

-273,141

-365,573

-338,924

-293,614

-8,872

263,221

291,798

283,960

301,223

138,483

-121,922

-152,273

-626,084

-635,738

-457,918

-638,230

-555,722

-582,468

-611,016

-480,114

-172,785

-219,052

-203,665

-201,363

-187,497

-147,198

-147,747

-122,542

0

0

0

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-292,555

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income/(loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,059

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Items included in net income not affecting cash flows:
Depreciation and amortization

54,040

52,499

51,807

51,275

50,618

50,512

50,200

51,760

54,420

58,673

66,962

75,478

83,064

89,563

31,821

47,659

62,856

76,851

67,885

67,205

66,721

67,547

159,358

165,463

170,950

176,276

181,163

187,814

195,293

201,284

197,696

194,306

186,675

179,721

0

0

0

-

-

-

-

Gain on termination of pre-existing arrangement

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred payment obligations on charters-in

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,446

5,585

5,584

5,585

5,600

5,599

5,559

5,507

5,399

0

0

0

-

-

-

-

Reorganization items, non-cash

-

-

-

-

-

-

-

-

-

-

-

4,956

5,276

5,198

5,117

-535

31

-50

-32,884

-41,255

8,198

22,402

118,211

129,598

98,267

261,221

233,197

230,768

211,889

34,676

0

0

0

-

-

-

-

-

-

-

-

(Gain)/loss on sublease contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,586

-204

-551

-895

0

0

0

-

-

-

-

-

-

-

-

Other - net

-

-

-

-

-

-

-2,521

-2,911

-3,311

-3,282

-2,872

-2,573

-2,397

-2,268

-2,281

-2,598

-2,376

-1,971

-1,509

-1,204

-1,547

-2,032

-2,542

-2,469

-1,600

-2,285

-2,835

-4,167

-7,041

-7,133

-6,365

-5,843

-4,308

-4,060

0

0

0

-

-

-

-

Items included in net income related to investing and financing activities:
Loss on repurchases and extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale or write-down of securities and investments - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-198

-201

-1,016

-4,487

-3,166

-2,966

-2,537

900

313

0

0

0

-

-

-

-

Deferred payment obligations on charters-in

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

(Gain)/loss on sale of securities and other investments - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Loss on disposal of vessels and other property, including impairments, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-207

602

170

174

578

4,273

1,457

2,681

1,182

9,107

8,838

7,895

8,023

1,765

1,864

3,034

2,060

3,066

1,577

3

2,222

0

0

0

Loss on disposal of vessels and other property, including impairments, net

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Vessel impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,783

0

0

0

Amortization of deferred gain on sale and leasebacks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

10,000

16,364

23,608

29,825

0

0

0

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Amortization of deferred gain on sale and leasebacks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Amortization of debt discount and other deferred financing costs

1,988

1,965

2,429

2,993

3,473

4,069

4,313

4,613

4,939

5,167

5,339

5,468

5,653

6,005

1,782

3,225

4,339

5,154

8,284

7,083

4,465

1,964

0

0

0

-

-

-

-

3,198

4,002

3,719

3,865

3,576

3,425

3,596

4,204

4,081

0

0

0

Compensation relating to restricted stock awards and stock option grants

1,791

1,662

2,685

3,051

3,301

3,785

2,174

2,186

2,640

2,388

6,199

7,336

7,202

7,441

4,837

4,403

4,003

3,580

2,421

1,018

369

554

1,084

1,400

2,193

-131

1,272

2,854

4,021

7,910

8,621

9,016

9,725

10,069

10,777

11,316

11,651

11,940

0

0

0

Deferred income tax benefit

1,033

-991

1,683

-20,898

-20,175

-18,794

-82,798

-60,111

-58,733

-59,047

-60,347

-110,939

-97,462

-67,394

7,963

-26,167

-30,696

-69,564

-89,442

-35,260

-98,515

-82,432

-59,446

-41,072

10,767

-7,398

-32,861

-29,639

-35,880

-29,751

-17,831

-38,381

-32,156

-29,636

-45,258

-17,102

-17,051

-17,114

0

0

0

Interest on finance lease liabilities

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash operating lease expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other - net

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt, net

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gains on forward freight agreements and bunker swaps

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

156

668

-2,572

907

-427

-745

497

979

345

0

0

0

Distributed earnings of affiliated companies

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

399

3,442

4,315

3,969

-108

34,813

33,167

34,103

35,826

36,721

36,849

31,422

22,771

21,287

10,088

4,592

7,628

6,954

8,194

1,507

-7,388

0

0

0

Distributions from INSW

-

-

-

-

-

-

-

-

-

-

-

-

-

202,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributed earnings of affiliated companies

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for drydocking

14,263

12,278

14,750

18,178

12,207

12,902

13,186

9,192

9,697

8,390

6,370

5,561

4,047

6,844

8,361

20,517

36,974

41,323

34,624

35,422

27,878

25,740

34,299

28,719

23,928

22,024

30,116

31,222

38,995

45,990

52,100

59,949

55,326

47,360

34,181

22,154

20,933

20,015

0

0

0

SEC payment, bankruptcy and IRS claim payments

-

-

-

-

-

-

-

-

-

5,000

5,000

5,000

5,000

7,136

7,563

12,043

12,395

8,343

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Bankruptcy claim payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,097

53,437

-42,331

-42,502

-175,228

-47,848

47,918

53,085

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by operating activities

88,449

73,449

47,310

24,559

35,402

45,255

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-87,198

-33,747

-3,047

-27,714

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

328,860

281,722

319,789

324,979

276,333

542,674

-336,891

-389,126

-411,482

-703,151

107,882

118,523

141,896

32,269

46,549

25,061

-32,899

0

0

0

-

-

-

-

-

-

-

-

Cash Flows from Investing Activities:
Acquisition, net of cash acquired

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expenditures for vessels and vessel improvements

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

328

13,708

0

0

0

-

-

-

-

Disposal of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,000

0

0

0

Proceeds from sale of marketable securities and investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

459

595

510

13,070

13,000

13,092

15,124

2,640

3,491

0

0

0

-

-

-

-

Proceeds from sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Expenditures for vessels and vessel improvements

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

10,958

40,676

38,021

33,684

36,377

36,982

28,205

35,464

52,604

67,813

117,191

153,200

187,510

0

0

0

-

-

-

-

Expenditures for other property

4,103

4,459

1,661

1,002

974

386

0

0

0

-

-

-

-

666

605

271

157

75

197

342

500

489

772

956

1,957

2,181

2,073

2,610

2,613

2,862

3,578

4,370

6,943

6,736

6,389

5,553

2,408

2,656

0

0

0

Expenditures for vessels

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from disposal of vessels and other property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

16,081

7,594

7,607

485

13,371

13,371

13,358

12,886

7,051

7,051

10,891

19,628

0

0

0

-

-

-

-

Net cash used in investing activities

-156,488

-129,910

-112,825

-52,967

-31,324

-19,826

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-300,218

-274,273

-352,569

-439,661

0

0

0

Contributions to INSW

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Investments in and advances to affiliated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of advances from affiliated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Shipyard contract termination payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-833

-694

845

-1,191

-979

-1,362

-1,331

-10

-563

9,430

-1,636

-3,957

-3,532

-13,131

-3,432

-288

-1,592

0

0

0

Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-666

-90,780

-76,631

22,305

42,373

179,813

56,874

-48,261

-74,959

-124,821

-29,910

-24,466

-34,538

-16,265

-8,995

-5,005

-22,409

0

0

0

-

-

-

-

-

-

-

-

Cash Flows from Financing Activities:
Payments on debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162

162

162

162

42

58

64

66

307

381

378

379

920

1,267

1,264

1,261

1,718

0

0

0

Repurchases of common stock and common stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax withholding on share-based awards

197

294

504

504

504

569

454

454

456

1,157

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on debt

-

-

-

-

-

-

-28,166

-28,166

-28,166

0

-1,678

-10,466

-1,678

-54,345

-49,462

-43,652

-55,519

-6,030

786,515

-1,339,568

-1,336,489

-1,338,618

-2,134,913

-11,264

-11,836

-12,731

-12,186

-20,249

-19,677

-63,990

0

0

0

-

-

-

-

-

-

-

-

Extinguishment and repurchases of debt

-

-

-

-

-

427,123

92,055

111,162

115,945

84,170

56,437

87,565

111,570

120,224

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

158,266

0

0

0

Payments on debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Cash dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

31,910

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,875

53,664

53,572

53,459

51,884

0

0

0

Issuance of debt, net of issuance and deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

572,000

569,645

292,626

312,852

168,393

302,083

297,102

437,832

643,080

0

0

0

Issuance of debt, net of issuance and deferred financing costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on principal portion of finance lease liabilities

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by/(used in) financing activities

93,745

17,497

-9,028

-49,180

-39,993

-111,057

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

193,110

159,811

272,902

246,334

0

0

0

Issuance of common stock upon exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70

173

339

516

638

690

671

905

1,054

0

0

0

Other - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

0

0

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-325,822

-532,209

-534,301

-483,782

-335,714

-395,114

277,080

271,734

269,443

553,685

-19,851

-11,998

-12,773

-12,252

322,676

323,209

507,773

0

0

0

-

-

-

-

-

-

-

-

Net increase/(decrease) in cash, cash equivalents and restricted cash

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash, cash equivalents and restricted cash

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-341,267

-291,143

-136,498

-17,008

327,373

-2,937

-165,653

-216,998

-274,287

58,121

82,059

94,585

3,752

360,230

343,265

452,465

410,533

22,278

-44,328

-198,772

-194,306

-148,209

-82,714

-221,041

0

0

0

Cash flows provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

111,768

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

25,202

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-355,687

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-218,717

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-