PVH CORP. PVH Cash Flow

Pvh corp. (PVH)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Oct'18	Jul'18	May'18	Feb'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10
OPERATING ACTIVITIES
Net income
-68,500	208,900	193,100	81,600	158,400	242,600	164,700	178,900	107,900	238,700	119,400	70,100	100,500	126,100	90,500	231,600	134,200	221,900	102,200	114,100	51,500	225,700	126,500	35,200	-17,313	176,313	-5,300	-10,300	80,708	167,698	89,918	95,476	39,062	112,239	66,729	57,667	52,766	99,848	-70,624	-27,613
Adjustments to reconcile to net cash provided by operating activities:
Depreciation, Depletion and Amortization
87,300	81,600	78,400	76,500	86,800	81,800	83,000	83,200	85,900	81,200	80,600	77,200	84,200	84,400	82,600	70,600	70,400	63,000	63,000	61,000	63,300	60,300	60,400	60,700	46,584	85,616	97,200	84,200	37,856	34,752	34,333	33,459	33,242	32,321	31,966	34,481	33,527	51,370	50,174	12,066
Income (Loss) from Equity Method Investments
2,100	2,900	900	3,700	8,100	6,100	3,300	3,800	4,300	3,700	1,700	400	-600	1,200	-300	-200	1,600	6,400	2,500	6,100	700	5,300	400	3,500	-56	4,956	800	2,300	357	3,193	-74	1,924	511	856	0	0	-	-	-	-
Deferred taxes
-75,500	23,200	-10,500	-10,100	-115,600	9,300	-12,600	5,600	-157,200	-19,300	-13,900	-34,200	-9,300	14,400	-4,300	500	-2,300	-5,600	-200	-600	2,700	-2,900	-18,800	-12,000	24,889	-66,989	15,100	-35,200	19,223	14,871	10,576	5,330	-1,774	7,747	7,390	1,520	-11,996	8,137	-763	-8,808
Share-based Payment Arrangement, Noncash Expense
12,900	14,900	14,400	13,900	14,300	15,100	15,200	11,600	11,900	11,900	12,400	8,700	9,300	9,400	9,200	10,300	10,600	11,000	11,900	8,500	11,400	12,900	12,700	11,700	10,897	12,603	15,600	18,900	7,228	7,481	8,375	10,516	9,820	10,468	10,927	9,723	10,231	10,826	8,134	4,090
Impairment of long-lived assets
20,600	1,500	4,100	83,700	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment
-	-	-	-	-	-	-	-	0	0	0	-9,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt modification and extinguishment costs
0	0	0	5,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	93,100	5	-5	0	40,400	0	0	0	0	0	0	0	16,233	0	0	6,650	0
Deconsolidation, Gain (Loss), Amount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	8,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Losses on settlement of derivative instruments related to the acquisition of Tommy Hilfiger
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	192,880	-52,390
Changes in operating assets and liabilities:
Trade receivables, net
-179,100	191,800	-81,900	86,300	-164,700	235,900	-65,200	145,400	-193,100	181,800	-59,700	67,700	-145,500	220,900	-85,000	-12,700	-165,500	238,300	-134,800	28,800	-151,400	167,300	-78,900	80,400	-144,311	161,711	-55,100	69,400	-177,977	168,372	-107,706	61,611	-131,342	211,584	-93,537	54,135	-91,697	300,662	-49,569	-44,629
Other receivables
-1,800	200	1,200	-600	-2,800	7,600	-2,800	-12,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories, net
-89,100	-98,900	166,400	-99,800	39,200	-35,400	242,200	-33,900	63,900	-20,800	193,000	-72,600	68,500	-126,300	145,700	-90,100	2,100	-70,500	248,000	-83,400	76,100	-93,100	200,800	-112,100	142,949	-157,649	204,600	-145,600	6,878	-66,406	193,173	-76,145	-14,925	-61,177	223,596	-36,246	4,539	-5,046	163,214	-21,052
Accounts payable, accrued expenses and deferred revenue
-136,000	86,900	-285,300	286,600	-235,400	128,000	-319,300	313,800	-261,600	95,500	-217,700	197,900	-235,700	52,900	-158,100	174,000	-149,500	45,900	-149,800	194,800	-135,800	81,200	327,200	-230,900	344,618	-157,518	185,000	-330,900	125,449	-78,742	202,353	-162,460	59,865	-14,881	146,487	-143,247	60,466	71,186	116,930	-14,931
Prepaid expenses
-500	-22,100	9,000	28,000	-5,600	-18,700	-5,600	21,400	11,300	-2,100	16,100	15,700	-7,500	-12,500	3,400	-2,600	21,000	-16,100	-13,500	29,900	-32,500	-2,100	14,100	33,100	-74,553	-6,847	8,200	20,800	74,311	-38,601	12,805	-4,215	47,671	-4,953	-1,394	-4,259	-13,256	-23,567	58,570	-4,088
Employer pension contributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	30,000	0	30,000	83,877	13,634	3,746	3,743	-	-	-	-	-	-	-	-
Contingent purchase price payments to Mr. Calvin Klein
0	0	0	0	0	0	1,300	14,600	17,900	12,100	13,100	12,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
32,500	54,700	-35,000	19,800	-14,300	26,000	-40,200	-47,400	-9,600	13,200	16,800	-33,000	7,100	7,000	-11,800	-17,800	-25,400	20,900	-36,500	-53,600	70,400	-16,500	-40,300	-3,700	-28,532	29,432	-29,900	-74,500	34,137	-11,953	35,805	-4,089	-17,508	-8,907	-14,612	-27,734	21,510	-72,033	4,449	11,969
Net cash provided by operating activities
588,500	113,900	391,100	-73,200	547,600	-6,000	436,600	-125,700	438,800	28,100	234,700	-57,400	325,300	168,100	299,900	109,300	517,000	65,100	262,600	60,400	465,200	153,700	221,600	-51,400	357,982	10,218	179,000	-135,300	284,222	78,080	207,806	-508	317,381	32,351	150,508	-9,519	218,331	43,909	137,537	-40,606
INVESTING ACTIVITIES
Acquisitions, net of cash acquired
0	100	192,300	0	0	0	0	15,900	0	12,000	0	28,100	0	0	-300	158,000	0	0	0	0	-1,200	7,300	0	7,400	5,971	29	0	1,815,300	24,796	13,104	0	0	-	-	-	-	-	-	-	-
Cash received for sale of Chaps sportswear assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,300	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property, plant and equipment
112,100	82,600	73,800	76,700	109,700	104,900	88,200	76,700	122,900	79,200	87,600	68,400	83,600	60,200	56,900	45,900	94,800	68,100	52,400	48,500	82,300	70,800	52,000	50,700	70,906	60,594	59,900	45,700	73,552	55,363	42,611	39,074	51,949	43,993	39,432	34,467	45,596	26,385	24,192	4,822
Contingent purchase price payments
-	-	-	-	-	-	-	-	-	-	-	-	-	11,800	12,400	12,800	16,300	11,100	12,000	11,900	16,200	11,500	12,400	11,600	15,624	10,876	12,500	14,200	15,506	9,945	12,214	13,535	15,483	9,891	12,335	12,970	13,826	8,377	10,207	11,245
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-20,200	20,200	0	0	-9,700	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investments to unconsolidated affiliates
-	-	-	-	-	-	-	-	9,700	2,500	800	1,200	7,300	23,200	0	1,500	0	4,000	200	22,400	0	0	0	26,200	6,968	-3,468	0	0	-	-	-	-	0	33,850	4,500	10,350	0	0	0	0
Payment received on advance to unconsolidated affiliate
-	-	-	-	-	-	-	-	0	0	0	6,300	6,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by investing activities
-137,300	-85,200	-206,700	-76,700	-109,700	-104,900	-88,200	-92,600	-129,200	-93,700	-88,400	-91,400	-61,500	-95,200	-52,300	-218,200	-111,100	-83,200	-64,600	-62,600	-117,500	-89,600	-64,400	-86,200	-34,733	-93,267	-72,400	-1,856,900	-120,354	-80,312	-54,825	-52,609	-77,073	-112,734	-56,267	-57,787	-59,731	-36,971	-2,665,496	-16,067
FINANCING ACTIVITIES
Net (payments on) proceeds from short-term borrowings
-336,500	204,500	-167,000	286,900	-263,900	191,300	-169,100	235,000	-188,000	189,500	-24,500	23,400	-1,700	1,400	-21,600	15,100	-1,700	19,500	-2,500	2,100	-31,400	-128,700	20,400	139,900	-32,325	35,625	-11,300	-23,000	-132,200	90,000	-55,000	95,000	-	-	-	-	-	-	-	-
Payment of 2011 debt modification and extinguishment costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,634	0	0	0	0
Net proceeds from common stock offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-331	0	0	364,860
Proceeds from 3 1/8% senior notes, net of related fees
0	0	-3,700	1,643,500	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,000	-	0	0	0
Payments on revolving credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,000	-	0	0	0
Net (payments on) proceeds from short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-277	398	-647	220	-186	729	7,409	4,868	-4,617	4,617	0
Repayment of 2011 facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	900,000	132,186	77,734	59,388	30,292	164,482	38,784	98,184	149,275	150,000	0	100,000	0
Redemption of 7 3/8% senior notes, including make whole premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-667,600	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of Warnacos previously outstanding debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	197,000	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from 2016 facilities, net of related fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	586,700	-30	30	0	2,993,400	0	0	0	0	-	-	-	-	-	-	-	-
Repayments of Secured Debt
0	0	0	1,649,300	-85,000	0	85,000	0	-50,000	0	0	50,000	-	50,100	149,300	51,900	-	34,800	115,900	49,800	180,800	24,900	219,800	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of fees associated with issuance of senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	-43	0	16,300	5,700	0	0	0	-	-	-	-	-	-	-	-
Net proceeds from settlement of awards under stock plans
600	0	0	1,900	-100	100	7,200	13,200	18,600	4,200	4,900	2,300	800	2,000	9,500	800	1,700	400	1,900	3,400	3,500	2,800	2,800	3,900	24,596	2,704	14,200	10,100	6,179	2,744	639	3,738	12,193	703	3,154	8,407	3,609	13,598	1,375	5,357
Excess tax benefits from awards under stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,600	1,400	2,000	1,700	4,700	1,500	3,100	14,919	7,581	300	14,800	6,573	1,245	4,170	2,912	7,033	322	1,798	2,440	1,574	4,277	550	2,932
Cash dividends
0	2,800	2,800	5,700	0	2,800	2,900	5,900	100	2,900	3,000	5,900	0	3,000	3,000	6,200	0	3,100	3,200	6,200	0	3,100	6,300	3,100	3	3,097	3,100	6,100	2,663	2,747	7	5,483	2,721	2,719	20	5,414	2,672	2,691	478	4,174
Acquisition of treasury shares
104,900	95,500	67,200	77,500	54,800	108,300	87,000	75,100	58,900	70,000	65,600	64,600	92,500	95,700	80,900	53,000	51,100	60,500	17,700	9,100	600	200	2,400	7,900	1,059	3,341	37,000	20,100	45	322	7,451	6,182	13	70	3,132	2,055	3	40	868	1,570
Payments of finance lease obligations
1,400	1,200	1,400	1,500	1,400	1,400	1,400	1,200	1,300	1,300	1,300	1,200	1,700	1,700	1,600	2,000	2,200	1,800	1,900	1,900	2,100	2,100	2,300	2,200	2,464	2,336	2,300	2,400	2,335	2,901	3,217	2,447	2,720	2,416	2,740	2,504	-	-	-	-
Proceeds from Noncontrolling Interests
-	-	-	-	-	-	-	-	0	0	0	1,700	1,000	1,200	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by financing activities
-502,600	94,800	-242,100	198,300	-385,200	78,900	-338,200	166,000	-443,900	118,700	-89,500	-94,300	-193,400	-145,900	131,800	-97,200	-207,800	-78,700	-137,900	-59,500	-209,700	-151,500	-206,100	52,800	-267,013	-10,687	-220,900	1,853,400	438,149	10,008	-119,856	56,599	-150,490	-43,150	-98,395	-151,626	-146,065	5,672	2,199,514	367,405
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	153,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-400	-1,800	-3,100	-6,100	800	-600	-13,600	-7,100	15,900	-200	11,700	3,900	-2,700	-6,300	-2,800	14,800	-11,600	0	-12,700	1,700	-23,800	-8,600	-3,000	4,600	-5,560	7,360	-3,100	-7,100	13,550	6,868	-9,751	1,933	-16,602	-4,177	-3,113	15,172	-5,254	3,487	12,190	-19
(Decrease) increase in cash and cash equivalents
-51,800	121,700	-60,800	42,300	53,500	-32,600	-3,400	-59,400	-118,400	52,900	68,500	-239,200	67,700	-79,300	376,600	-191,300	186,500	-96,800	47,400	-60,000	114,200	-96,000	-51,900	-80,200	50,676	-86,376	-117,400	-145,900	615,567	14,644	23,374	5,415	73,216	-127,710	-7,267	-203,760	7,281	16,097	-316,255	310,713