Revlon, Inc. REV Cash Flow

Revlon, inc. (REV)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss
-157,700	-294,200	-183,200	-21,900	56,100	40,900	-5,800	51,100	53,400	327,300	48,800
Adjustments to reconcile net loss to net cash used in operating activities:
Income from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	300	300
Depreciation and amortization
162,900	177,200	155,800	123,200	103,200	102,600	76,700	64,900	60,600	57,000	60,100
Foreign currency losses from re-measurement
1,900	-15,800	22,500	-20,600	-19,500	25,500	5,900	0	-	-	-
Amortization of debt discount
1,600	1,400	1,200	1,400	1,400	1,400	1,500	2,100	2,500	2,700	700
Stock-based compensation amortization
8,100	17,200	6,800	6,400	5,100	5,500	200	300	1,900	3,600	5,600
Impairment charges
0	18,000	10,800	23,400	9,700	0	0	-	-	-	-
Benefit from deferred income taxes
-29,800	1,700	22,600	-6,200	28,300	64,300	30,800	28,400	13,400	-259,300	-1,200
Loss on early extinguishment of debt
-	-	-	-16,900	0	-2,000	-29,700	0	-11,200	-9,700	-5,800
Amortization of debt issuance costs
14,600	13,000	9,100	6,800	5,700	5,500	5,200	5,300	5,300	5,900	5,800
Non-cash loss (gain) on divested assets
-900	700	0	-	-	-	-	-	-	-	-
Insurance proceeds for property, plant and equipment
-	-	-	-	-	-	13,100	0	0	-	-
Loss on divested assets
26,600	-20,100	-1,600	-400	6,400	2,100	2,900	-400	0	0	1,700
Pension and other post-retirement cost
7,200	2,600	1,500	-600	19,000	-5,300	-200	4,000	5,200	9,500	27,500
Change in assets and liabilities:
Decrease in trade receivables
-9,300	300	9,900	59,500	18,500	5,500	-40,100	4,700	18,300	19,200	4,000
Increase in inventories
-74,500	36,400	63,000	-74,500	30,600	-9,200	-10,200	4,400	-3,600	-7,000	-41,500
(Increase) decrease in prepaid expenses and other current assets
-16,800	42,800	21,200	8,200	13,400	-8,000	-7,500	2,900	-200	7,400	-5,200
Increase in accounts payable
-73,200	1,600	26,800	-12,600	34,900	200	19,000	4,500	5,000	20,800	-5,900
Decrease in accrued expenses and other current liabilities
-42,400	23,900	12,300	11,700	10,100	-22,300	-16,700	47,300	20,100	12,500	-17,200
Pension and other post-retirement plan contributions
12,100	8,800	8,500	8,300	18,100	19,000	18,500	29,800	31,500	25,800	24,300
Purchases of permanent displays
46,200	80,700	65,500	52,100	47,400	45,300	44,500	43,200	41,300	33,700	32,900
Other, net
-25,700	-600	14,000	-4,200	500	-8,400	1,800	19,200	3,300	13,100	4,000
Net cash used in operating activities
-68,300	-170,800	-139,300	120,100	158,100	174,000	123,300	104,100	88,000	97,200	109,500
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures
29,000	57,200	108,300	59,300	48,300	55,500	28,600	20,900	13,900	15,200	14,300
Proceeds from the sale of certain assets
31,100	0	-	-	-	-	-	-	-	-	-
Business acquisition, net of acquired cash
-	-	-	1,028,700	41,700	0	627,600	66,200	39,000	0	-
Insurance proceeds for property, plant and equipment
-	-	-	-	-	-	13,100	0	0	-	-
Proceeds from the sale of certain assets
-	-	-	500	6,200	3,400	3,700	800	300	300	2,500
Net cash used in investing activities
2,100	-57,200	-108,300	-1,087,500	-83,800	-52,100	-639,400	-86,300	-52,600	-14,900	-11,800
CASH FLOWS FROM FINANCING ACTIVITIES:
Net decrease in short-term borrowings and overdraft
-17,300	-1,100	3,300	0	23,000	-4,700	-6,300	6,300	200	-10,600	6,000
Net borrowings under the Amended 2016 Revolving Credit Facility
-62,600	178,000	-	-	-	-	-	-	-	-	-
Net borrowings under the Amended 2016 Revolving Credit Facility
-	-	157,000	-	-	-	-	-	-	-	-
Net borrowings
-	-	0	-	-	-	-	-	-	-	-
Repayments under the 2016 Term Loan Facility
18,000	18,000	18,000	-	-	-	-	-	-	-	-
Redemption of Preferred Stock
-	-	-	-	-	-	48,600	0	0	-	-
Proceeds from the issuance of long-term debt, net
-	-	-	-	-	-	-	-	-	-	326,400
Payment of financing costs
15,300	9,700	1,200	61,600	0	1,800	48,800	400	4,300	17,500	29,600
Tax withholdings related to net share settlements of restricted stock and RSUs
1,600	3,600	2,500	3,200	2,800	-	-	-	-	-	-
Treasury stock purchased
-	-	-	2,700	0	0	-	-	-	-	-
Other financing activities
-900	-1,400	-1,700	-2,500	-3,700	-3,200	-2,600	-1,300	-1,400	300	-900
Net cash provided by (used in) financing activities
84,300	233,100	136,900	829,900	-14,900	-75,100	649,000	-3,400	-7,500	-62,800	-98,500
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-1,100	-5,000	11,300	-2,600	-7,800	-15,600	-5,100	200	-2,900	2,700	2,300
Net cash provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	200
Net decrease in cash, cash equivalents and restricted cash
17,000	100	-99,400	-140,100	51,600	31,200	127,800	14,600	25,000	22,200	1,700
Cash paid during the period for:
Interest
194,600	163,700	149,100	91,700	79,900	85,600	72,500	78,600	85,000	77,300	97,900
Income taxes, net of refunds
9,900	16,000	400	21,900	25,400	21,100	12,700	18,000	20,500	16,200	14,900
Preferred stock dividends
-	-	-	-	-	-	6,200	6,200	6,200	6,200	-
Supplemental schedule of non-cash investing and financing activities:
Treasury stock received to satisfy certain minimum tax withholding liabilities
-	-	-	-	-	700	0	1,200	1,400	2,500	1,100
Redeemable preferred stock issued
-	-	-	-	-	-	-	-	-	-	48,000
Loan contributed from MacAndrews & Forbes to Revlon, Inc
-	-	-	-	-	-	-	-	-	-	-48,600
Revlon Consumer Products Corporation
Net loss
-151,200	-289,100	-	-	-	-	-	-	-	-	-
Depreciation and amortization
162,900	177,200	-	-	-	-	-	-	-	-	-
Foreign currency losses from re-measurement
1,900	-15,800	-	-	-	-	-	-	-	-	-
Amortization of debt discount
1,600	1,400	-	-	-	-	-	-	-	-	-
Stock-based compensation amortization
8,100	17,200	-	-	-	-	-	-	-	-	-
Impairment charges
0	18,000	-	-	-	-	-	-	-	-	-
Benefit from deferred income taxes
-30,000	3,000	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
14,600	13,000	-	-	-	-	-	-	-	-	-
Non-cash loss (gain) on divested assets
-900	700	-	-	-	-	-	-	-	-	-
Loss on divested assets
26,600	-20,100	-	-	-	-	-	-	-	-	-
Pension and other post-retirement cost
7,200	2,600	-	-	-	-	-	-	-	-	-
Decrease in trade receivables
-9,300	300	-	-	-	-	-	-	-	-	-
Increase in inventories
-74,500	36,400	-	-	-	-	-	-	-	-	-
(Increase) decrease in prepaid expenses and other current assets
-7,400	52,600	-	-	-	-	-	-	-	-	-
Increase in accounts payable
-73,200	1,600	-	-	-	-	-	-	-	-	-
Decrease in accrued expenses and other current liabilities
-39,300	27,500	-	-	-	-	-	-	-	-	-
Pension and other post-retirement plan contributions
12,100	8,800	-	-	-	-	-	-	-	-	-
Purchases of permanent displays
46,200	80,700	-	-	-	-	-	-	-	-	-
Other, net
-25,700	-400	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-68,300	-170,800	-	-	-	-	-	-	-	-	-
Capital expenditures
29,000	57,200	-	-	-	-	-	-	-	-	-
Proceeds from the sale of certain assets
31,100	0	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
2,100	-57,200	-	-	-	-	-	-	-	-	-
Net decrease in short-term borrowings and overdraft
-17,300	-1,100	-	-	-	-	-	-	-	-	-
Net borrowings under the Amended 2016 Revolving Credit Facility
-62,600	178,000	-	-	-	-	-	-	-	-	-
Repayments under the 2016 Term Loan Facility
18,000	18,000	-	-	-	-	-	-	-	-	-
Payment of financing costs
15,300	9,700	-	-	-	-	-	-	-	-	-
Tax withholdings related to net share settlements of restricted stock and RSUs
1,600	3,600	-	-	-	-	-	-	-	-	-
Other financing activities
-900	-1,400	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
84,300	233,100	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-1,100	-5,000	-	-	-	-	-	-	-	-	-
Net decrease in cash, cash equivalents and restricted cash
17,000	100	-	-	-	-	-	-	-	-	-
Interest
194,600	163,700	-	-	-	-	-	-	-	-	-
Income taxes, net of refunds
9,900	16,000	-	-	-	-	-	-	-	-	-
2019 Term Loan Facility
Net proceeds from issuance of debt
200,000	0	-	-	-	-	-	-	-	-	-
2018 Foreign Asset-Based Term Loan Credit Agreement due 2021
Net proceeds from issuance of debt
0	88,900	-	-	-	-	-	-	-	-	-