Revlon, Inc. REV Cash Flow

Revlon, inc. (REV)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss
-213,900	25,800	-44,700	-63,700	-75,100	-70,300	-11,100	-122,500	-90,300	-76,900	-32,400	-36,500	-37,400	-36,500	-4,700	8,300	11,000	24,800	6,200	26,000	-900	2,700	14,600	18,100	5,500	-33,100	9,500	24,700	-6,900	46,500	-15,000	11,100	8,500	36,400	100	6,500	10,400
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
36,800	38,300	38,900	38,700	47,000	57,800	40,100	40,600	38,700	44,100	37,900	36,700	37,100	42,200	28,800	26,300	25,900	26,400	26,000	25,200	25,600	26,200	25,600	26,000	24,800	25,300	17,400	17,000	17,000	16,500	17,100	15,900	15,400	15,300	15,100	15,000	15,200
Foreign currency losses from re-measurement
-16,600	10,900	-7,600	-1,200	-200	-5,100	-900	-20,300	10,500	1,700	5,500	10,600	4,700	-15,100	-1,300	-8,400	4,200	-30,000	1,700	-7,700	16,500	7,500	10,600	6,100	1,300	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount
400	400	400	400	400	500	300	300	300	300	300	300	300	300	400	300	400	300	400	400	300	400	300	400	300	300	400	400	400	500	600	500	500	500	500	700	800
Stock-based compensation amortization
2,400	400	3,900	3,400	400	2,400	6,300	800	7,700	900	1,500	2,700	1,700	1,600	1,500	1,100	2,200	1,300	1,000	1,200	1,600	1,800	3,200	300	200	200	0	0	0	0	0	0	300	200	400	500	800
Impairment charges
124,300	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Benefit from deferred income taxes
-37,200	-10,800	-6,600	-6,800	-5,600	63,200	-35,500	-7,500	-18,500	75,800	-16,700	1,600	-38,100	-13,100	1,400	3,800	1,700	-6,300	16,700	12,200	5,700	36,300	8,000	11,800	8,200	11,200	9,200	12,000	-1,600	5,600	7,600	8,900	6,300	-3,700	13,500	1,400	2,200
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-100	-1,900	-1,600	-200	0	-27,900	0	0	0	0	-	-	-	-
Amortization of debt issuance costs
4,000	4,200	3,700	3,500	3,200	3,900	3,800	3,000	2,300	2,300	2,300	2,300	2,200	2,200	1,700	1,400	1,500	1,500	1,400	1,400	1,400	1,400	1,300	1,400	1,400	1,400	1,300	1,200	1,300	1,400	1,300	1,300	1,300	1,200	1,300	1,400	1,400
Loss on divested assets
-800	26,800	-200	0	0	-19,500	-200	-300	-100	-100	-1,100	0	-400	-200	100	-100	-200	-100	3,500	0	3,000	1,700	300	100	0	-200	2,700	0	400	-200	-100	0	-100	-	-	-	-
Pension and other post-retirement cost
1,200	900	2,200	2,100	2,000	600	800	600	600	-400	800	1,200	-100	-100	-200	0	-300	20,600	-300	-700	-600	-1,400	-1,300	-1,300	-1,300	0	-100	0	-100	-100	1,300	1,400	1,400	1,300	1,300	1,300	1,300
Change in assets and liabilities:
Decrease in trade receivables
-84,600	-39,800	73,300	9,600	-52,400	-6,700	61,400	13,200	-67,600	-15,200	67,500	9,600	-52,000	-52,500	87,300	1,600	23,100	-9,400	9,200	17,800	900	-10,900	-5,700	9,200	12,900	-23,200	7,000	3,000	-26,900	21,200	-9,600	16,900	-23,800	26,400	7,300	3,700	-19,100
Increase in inventories
42,500	-79,400	-31,800	12,700	24,000	-63,900	25,400	60,300	14,600	-58,600	35,700	61,000	24,900	-69,500	-30,600	1,700	23,900	-31,800	26,300	12,700	23,400	-27,100	3,200	1,000	13,700	-41,500	8,400	7,500	15,400	-28,200	9,800	6,100	16,700	-33,000	7,000	10,900	11,500
(Increase) decrease in prepaid expenses and other current assets
23,300	-22,300	-6,000	13,000	-1,500	-17,700	5,100	9,100	46,300	8,100	-15,900	9,100	19,900	-11,800	-1,200	6,600	14,600	-7,100	2,300	100	18,100	-9,600	-2,700	-5,300	9,600	-14,800	-17,000	13,800	10,500	-10,300	-10,100	11,200	12,100	-4,200	-700	-2,700	7,400
Increase in accounts payable
14,900	-82,300	-64,200	32,200	41,100	-37,700	28,400	8,600	2,300	-9,600	-10,600	41,400	5,600	-9,100	-2,800	12,900	-13,600	4,900	400	11,300	18,300	-10,100	6,000	-11,800	16,100	14,800	-1,900	-5,000	11,100	2,200	6,800	1,700	-6,200	3,000	-13,200	8,200	7,000
Decrease in accrued expenses and other current liabilities
-34,800	38,600	-25,600	11,300	-66,700	25,500	-21,500	44,000	-24,100	64,100	-9,800	3,900	-45,900	48,600	6,100	7,000	-50,000	26,600	11,300	-400	-27,400	22,500	-10,800	4,900	-38,900	25,700	-12,000	17,900	-48,300	12,000	23,700	25,700	-14,100	17,700	30,200	-29,300	1,500
Pension and other post-retirement plan contributions
3,600	4,300	3,300	2,700	1,800	2,700	2,300	2,000	1,800	2,700	1,900	2,000	1,900	2,300	2,400	1,700	1,900	2,600	10,300	2,700	2,500	2,600	4,700	5,400	6,300	2,500	8,400	4,900	2,700	3,000	7,400	13,200	6,200	2,800	13,700	6,200	8,800
Purchases of permanent displays
7,000	17,800	8,300	10,400	9,700	23,700	21,400	21,400	14,200	28,200	11,000	16,100	10,200	26,200	8,400	7,000	10,500	14,900	10,500	7,300	14,700	12,200	6,800	12,600	13,700	14,400	7,100	11,900	11,100	12,000	6,900	15,800	8,500	13,100	4,600	14,700	8,900
Other, net
1,300	-400	-5,700	-13,300	-6,300	5,200	3,700	-6,100	-3,400	9,700	3,700	-1,200	1,800	-8,200	300	3,100	600	-11,000	7,800	200	3,500	-8,900	-2,200	-6,100	8,800	-2,000	-200	-500	4,500	1,300	-500	4,200	14,200	-500	400	4,400	-1,000
Net cash used in operating activities
-77,600	98,500	-125,600	-12,800	-28,400	125,900	-106,600	-92,800	-97,300	134,900	-135,000	-53,600	-85,600	188,300	-16,300	47,900	-99,800	160,700	-5,100	28,100	-25,600	127,300	53,100	39,100	-45,500	117,500	-5,500	28,200	-16,900	86,200	39,600	-1,300	-20,400	67,800	16,900	-20,800	24,100
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures
1,800	9,000	7,800	6,400	5,800	15,600	11,800	16,100	13,700	38,800	29,900	24,200	15,400	26,200	14,500	11,200	7,400	21,300	9,800	11,900	5,300	25,200	17,000	9,600	3,700	10,700	5,800	6,600	5,500	6,100	5,900	5,400	3,500	4,300	3,700	3,500	2,400
Business acquisition, net of acquired cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,500	0	30,000	4,200	0	0	0	0	-	-	-	-	-	-	-	-	0	0	0	39,000
Proceeds from the sale of certain assets
-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	0	400	400	3,800	400	1,600	2,500	700	100	100	300	3,000	0	400	200	500	100	0	-	-	-	-
Net cash used in investing activities
-1,800	22,100	-7,800	-6,400	-5,800	-15,600	-11,800	-16,100	-13,700	-38,800	-29,900	-24,200	-15,400	-26,200	-1,013,900	-40,400	-7,000	-28,400	-6,000	-41,500	-7,900	-22,700	-16,300	-9,500	-3,600	-638,000	10,300	-6,600	-5,100	-5,900	-71,600	-5,300	-3,500	-4,200	-3,600	-3,400	-41,400
CASH FLOWS FROM FINANCING ACTIVITIES:
Net decrease in short-term borrowings and overdraft
-6,400	5,100	-3,600	-1,600	-17,200	-3,400	-10,900	12,200	1,000	2,100	7,900	-3,300	-3,400	2,600	5,800	2,200	-10,600	18,700	-2,300	4,900	1,700	-1,600	-10,500	1,300	6,100	-6,500	-2,300	2,300	200	-6,200	-300	1,900	10,900	-9,800	6,400	-700	4,300
Net borrowings under the Amended 2016 Revolving Credit Facility
69,100	-	-	-	40,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings under the Amended 2016 Revolving Credit Facility
-	-	-	-	-	-	31,600	135,900	83,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,700	14,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Early repayment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	12,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments under the 2016 Term Loan Facility
4,500	4,500	4,500	4,500	4,500	4,500	4,500	4,500	4,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of financing costs
300	1,900	12,000	500	900	300	6,500	2,900	0	100	200	100	800	100	61,500	0	0	-	-	-	-	0	0	200	1,600	16,100	4,000	800	27,900	300	0	100	0	-	-	-	-
Tax withholdings related to net share settlements of restricted stock and RSUs
400	0	0	0	1,600	0	100	600	2,900	0	0	1,100	1,400	600	0	0	2,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-100	0	-400	-300	-200	-1,500	700	-400	-200	-400	-300	-600	-400	-300	-600	-700	-900	-700	-900	-900	-1,200	-1,100	-700	-900	-500	-800	-700	-500	-600	-600	-500	-400	200	-200	-500	-400	-300
Net cash provided by (used in) financing activities
57,400	-77,300	133,000	12,400	16,200	-83,500	99,700	139,700	77,200	-89,800	159,300	37,000	30,400	-68,300	940,100	-2,900	-39,000	13,500	-4,900	2,300	-25,800	-4,400	-13,000	-59,900	2,200	626,300	-7,000	1,000	28,700	-9,100	-2,800	-600	9,100	-12,100	-6,400	9,000	2,000
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-3,300	300	-1,900	200	300	-1,800	-1,100	-5,000	2,900	1,900	1,100	3,000	5,300	-6,200	3,500	-1,000	1,100	-100	-1,800	1,900	-7,800	-3,300	-3,100	-8,300	-900	-1,000	200	-2,100	-2,200	-100	200	-500	600	300	-1,900	-1,100	-200
Net decrease in cash, cash equivalents and restricted cash
-25,300	43,600	-2,300	-6,600	-17,700	25,000	-19,800	25,800	-30,900	8,200	-4,500	-37,800	-65,300	87,600	-86,600	3,600	-144,700	145,700	-17,800	-9,200	-67,100	96,900	20,700	-38,600	-47,800	104,800	-2,000	20,500	4,500	71,100	-34,600	-7,700	-14,200	51,800	5,000	-16,300	-15,500
Cash paid during the period for:
Interest
62,900	36,700	63,100	33,500	61,300	32,300	50,600	27,200	53,600	24,600	54,000	21,100	49,400	23,300	27,200	13,400	27,800	13,800	28,200	11,000	26,900	12,900	27,400	15,800	29,500	16,300	21,300	10,700	24,200	21,100	11,700	33,600	12,200	18,600	12,400	39,500	14,500
Income taxes, net of refunds
1,000	3,000	6,300	200	400	4,300	5,200	3,900	2,600	-10,700	3,100	5,600	2,400	2,500	6,500	10,900	2,000	4,100	10,300	7,100	3,900	4,300	4,100	7,800	4,900	2,000	2,700	5,300	2,700	4,200	2,900	7,500	3,400	6,500	1,700	10,100	2,200
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,600	1,500	1,500	1,600	1,600	1,500	1,600	1,500	1,600	1,500	1,500	1,600
Supplemental schedule of non-cash investing and financing activities:
Treasury stock received to satisfy certain minimum tax withholding liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,000	700	0	0	0	-	-	-	-	0	100	0	1,100	-	-	-	-
Revlon Consumer Products Corporation
Net loss
-212,200	28,000	-43,200	-62,500	-73,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
36,800	38,300	38,900	38,700	47,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency losses from re-measurement
-16,600	10,900	-7,600	-1,200	-200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount
400	400	400	400	400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation amortization
2,400	400	3,900	3,400	400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
124,300	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Benefit from deferred income taxes
-36,900	-12,200	-6,200	-6,200	-5,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
4,000	4,200	3,700	3,500	3,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on divested assets
-800	26,800	-200	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and other post-retirement cost
1,200	900	2,200	2,100	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in trade receivables
-84,600	-39,800	73,300	9,600	-52,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in inventories
42,500	-79,400	-31,800	12,700	24,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in prepaid expenses and other current assets
25,600	-19,600	-4,200	14,500	1,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in accounts payable
14,900	-82,300	-64,200	32,200	41,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accrued expenses and other current liabilities
-34,600	40,500	-25,700	11,000	-65,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and other post-retirement plan contributions
3,600	4,300	3,300	2,700	1,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of permanent displays
7,000	17,800	8,300	10,400	9,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
1,200	-400	-5,700	-13,300	-6,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-77,600	98,500	-125,600	-12,800	-28,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures
1,800	9,000	7,800	6,400	5,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-1,800	22,100	-7,800	-6,400	-5,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in short-term borrowings and overdraft
-6,400	5,100	-3,600	-1,600	-17,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings under the Amended 2016 Revolving Credit Facility
69,100	-	-	-	40,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments under the 2016 Term Loan Facility
4,500	4,500	4,500	4,500	4,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of financing costs
300	1,900	12,000	500	900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholdings related to net share settlements of restricted stock and RSUs
400	0	0	0	1,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-100	0	-400	-300	-200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
57,400	-77,300	133,000	12,400	16,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-3,300	300	-1,900	200	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash, cash equivalents and restricted cash
-25,300	43,600	-2,300	-6,600	-17,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
62,900	36,700	63,100	33,500	61,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes, net of refunds
1,000	3,000	6,300	200	400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-