PARK OHIO HOLDINGS CORP PKOH Cash Flow

Park ohio holdings corp (PKOH)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
39,700	55,200	29,500	32,200	48,700	46,900	43,900	31,800	29,400	-	-
Adjustments to reconcile net income to net cash (used) provided by operating activities:
Net income
-	-	-	-	-	-	-	-	-	15,187	-5,209
Depreciation and amortization
34,200	36,300	31,500	29,500	28,700	23,200	19,200	18,000	16,200	17,132	18,918
Restructuring and asset impairment charges
-	-	-	-	-	-	-	-	5,400	3,539	5,206
Debt extinguishment costs
-	-	-	-	-	-	-	-	-	-	0
Gain on purchase of 8.375% senior subordinated notes
-	-	-	-	-	-	-	-	-	-	6,297
Gain on acquisition of business
-	-	-	-	-	-	-	-	-	2,210	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-1,126	-1,842
Stock-based compensation expense
4,100	8,300	8,600	10,600	7,300	5,800	4,700	2,700	2,100	1,735	2,365
Gain on sale of assets
0	1,900	0	0	-	-	6,000	200	0	-	-
Loss on extinguishment of debt
0	0	-11,000	0	0	-	-	-300	-7,300	-	-
Litigation settlement gain
0	0	3,300	0	0	-	-	-	-	-	-
Asset Impairment Charges
-	-	-	4,000	0	0	-	-	-	-	-
Deferred income taxes
1,400	600	5,600	2,800	2,900	-	-	-	-	-	-
Net impact of Tax Cuts and Jobs Act
0	300	4,200	0	0	-	-	-	-	-	-
Gain on acquisition of business
-	-	-	-	-	-	600	0	0	-	-
Deferred income taxes
-	-	-	-	-	500	-2,300	7,500	-12,800	-	-
Other
-	-	-	-	-	900	0	0	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-6,500	11,900	25,100	-13,700	-3,800	27,900	-8,500	-9,800	13,500	7,624	-61,136
Inventories
7,200	29,400	19,000	-8,600	15,400	8,700	-	-	-	-	-
Prepaid and other current assets
-3,500	9,700	4,400	5,500	-8,700	14,600	-	-	-	-	-
Inventories and other current assets
-	-	-	-	-	-	4,900	-7,100	8,800	-10,067	-46,701
Accounts payable and accrued expenses
-14,100	15,500	23,800	-8,800	-36,900	27,900	-7,500	-21,400	18,100	28,068	-82,113
Other noncurrent liabilities
200	-2,000	-4,300	-8,100	1,600	-7,300	-	-	-	-	-
Litigation settlement payment
0	0	-4,000	0	0	-	-	-	-	-	-
Other
-4,600	-6,500	-7,400	-	-	-	-	-	-	-	-
Other
-	-	-	-6,100	-4,700	8,700	5,300	300	-7,500	2,291	5,000
Net cash (used) provided by operating activities
63,700	54,800	46,700	72,900	44,700	53,600	60,300	55,900	35,900	67,059	43,865
INVESTING ACTIVITIES
Purchases of property, plant and equipment
40,100	45,100	27,900	28,500	36,500	25,800	30,100	29,600	12,700	3,951	5,575
Proceeds from sale and leaseback transactions
-	-	-	-	-	-	7,400	5,900	-	-	-
Proceeds from sale of an asset
0	2,800	0	0	-	2,100	14,200	400	1,600	-	-
Business acquisitions, net of cash acquired
8,100	46,900	39,700	23,400	0	72,700	45,800	97,000	0	25,900	0
Proceeds from sale and leaseback transactions
-	-	-	-	-	-	-	-	0	-	-
Proceeds from the sale of property
-	-	-	-	-	-	-	-	-	-	0
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	-	62
Sales of marketable securities
-	-	-	-	-	-	-	-	-	-	865
Net cash used by investing activities
-48,200	-89,200	-67,600	-51,900	-36,500	-96,400	-54,300	-120,300	-11,100	-29,851	-4,772
FINANCING ACTIVITIES
Redemption of 8.375% senior subordinated notes due 2014
-	-	-	-	-	-	-	-	189,600	-	-
(Payments on) proceeds from revolving credit facility
-	-	-	-	-	-	-	-	-	-11,000	-2,099
Redemption of 8.375% senior subordinated notes due 2014
-	-	-	-	-	-	-	-	-	-	0
Purchase of 8.375% senior subordinated notes
-	-	-	-	-	-	-	-	-	-	8,853
Issuance of common stock under the incentive compensation plan
-	-	-	-	-	-	-	-	500	150	783
Proceeds from (payments on) revolving credit facility, net
7,800	40,300	-	-	-	-	-	-	-	-	-
Proceeds from (payments on) revolving credit facility, net
-	-	8,100	-	-	-	-	-	-	-	-
Proceeds from revolving credit facility, net
-	-	-	-36,200	7,900	50,300	9,100	8,900	2,800	-	-23,400
Payments on term loans and other debt
10,300	15,500	31,300	4,500	3,600	6,600	4,200	3,700	37,600	8,944	-
Proceeds from term loans and other debt
1,400	4,000	0	34,900	2,300	-	-	-	-	-	-
(Payments on) proceeds from finance lease facilities, net
3,400	900	-	1,200	-	0	-	-	-	-	-
Income tax effect of suspended benefits from share-based compensation
-	-	-	-	-	-	-	2,800	0	-	-
Income tax effect of share-based compensation exercises and vesting
-	-	-	-	-	1,100	400	400	0	-	-
Payment of acquisition earn-out
-	-	-	-	-	0	-	-	-	-	-
(Payments on) proceeds from finance lease facilities, net
-	-	1,500	-	13,800	-	0	-	-	-	-
Issuance of 6.625% senior notes due 2027
0	0	350,000	-	-	-	-	-	245,000	-	0
Issuance of 6.625% senior notes due 2027
-	-	-	0	0	14,200	0	25,900	0	-	-
Deferred financing costs
0	0	7,600	0	0	-	-	900	1,100	4,142	0
Repurchase of 8.125% senior notes due 2021
0	0	250,000	0	0	-	-	-	-	-	-
Premium on early extinguishment of debt
0	0	8,000	0	0	-	-	-	-	-	-
Dividends
7,000	6,400	6,900	6,200	6,300	4,700	0	0	-	-	-
Purchase of treasury shares
900	9,000	4,200	100	10,200	4,400	2,200	4,000	2,100	1,059	251
Payments of withholding taxes on share awards
2,900	3,100	2,400	1,800	5,300	-	-	-	-	-	-
Other
0	0	700	-2,100	2,100	-1,300	800	1,100	-	-	-
Net cash provided (used) by financing activities
-15,300	9,400	33,700	-17,200	700	48,600	3,900	30,500	17,900	-24,995	-33,820
Effect of exchange rate changes on cash
100	-2,100	5,700	-	-	-	-	-	-	-	-
Increase (decrease) in cash and cash equivalents
300	-27,100	18,500	-	-	-	-	-	-	-	-
Interest paid
31,500	33,000	29,900	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-1,500	-4,900	-3,000	900	300	0	-	-
(Decrease) increase in cash and cash equivalents
-	-	-	2,300	4,000	2,800	10,800	-33,600	42,700	12,213	5,273
Interest paid
-	-	-	25,900	25,700	24,000	24,800	23,800	27,000	23,324	23,018
Income taxes paid
12,300	21,000	11,300	8,700	19,000	25,800	25,000	5,500	4,600	1,217	3,146