Rbc bearings incorporated (ROLL)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Apr'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'10Dec'09Sep'09Jun'09
Cash flows from operating activities:
Net income

126,036

123,721

109,384

108,225

105,193

100,433

108,087

92,799

87,141

82,049

70,987

74,392

70,623

67,962

72,239

68,530

63,894

59,899

56,903

55,632

58,248

61,522

60,235

61,112

60,208

52,580

51,925

54,294

56,342

61,293

61,351

56,449

49,997

44,338

39,557

36,519

34,868

34,666

32,529

28,379

24,385

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

21,808

21,270

20,700

20,278

19,992

19,792

19,537

19,221

19,016

18,698

18,491

18,318

18,100

17,815

17,614

17,439

16,807

15,309

14,405

13,540

13,206

13,579

13,413

13,282

13,063

13,149

13,307

13,204

13,166

13,116

12,890

12,813

12,699

12,369

12,187

11,879

11,551

11,238

11,060

10,786

10,497

0

0

0

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

4,780

4,910

3,886

4,141

2,549

2,283

2,048

2,079

3,144

3,403

3,753

3,595

1,562

3,086

3,551

6,808

7,124

5,533

4,416

1,096

757

0

0

0

-

-

-

-

-

-

-

-

Total

6,502

-3,771

-7,448

-6,221

-4,904

-1,265

1,866

-263

-702

4,285

8,206

9,849

8,323

1,501

-136

-779

-336

2,073

1,617

1,807

1,044

-1,842

95

1,531

364

-304

-2,088

-1,871

-906

4,045

2,930

814

-119

-1,190

-991

-1,582

-1,146

3,264

1,764

2,866

1,082

0

0

0

Amortization of intangible assets

9,612

9,401

9,328

9,587

9,666

9,634

9,537

9,354

9,344

9,392

9,420

9,412

9,272

9,300

9,420

9,445

9,000

7,061

5,045

3,110

1,839

1,945

2,051

2,028

1,924

1,804

1,626

1,567

1,553

1,506

1,517

1,503

1,491

1,477

1,460

1,441

1,420

1,404

1,386

1,361

1,333

0

0

0

Amortization of deferred financing costs

506

506

573

691

921

1,136

1,267

1,397

1,424

1,424

1,424

1,424

1,424

1,424

1,424

1,424

1,333

1,058

783

509

325

325

325

325

325

325

325

325

325

325

325

325

325

321

340

319

297

275

227

217

209

0

0

0

Consolidation and restructuring charges

-

-

-

-

-

-

-

-

6,619

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

1,974

987

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

20,150

19,374

18,143

17,123

16,087

15,215

14,578

13,941

13,403

13,094

12,789

12,565

12,111

11,921

11,524

10,842

10,200

9,301

8,932

8,704

8,339

7,764

7,129

6,380

5,833

5,575

5,587

5,381

5,288

5,013

4,702

4,243

4,121

4,138

3,893

4,052

4,057

3,944

3,752

3,446

3,182

0

0

0

Other non-cash charges

-

0

0

0

-

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain)/loss on disposition of assets

-

-

-

-

-

-

-

-

241

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

31

-6,322

-6,333

-6,290

-6,301

0

-20

65

10

72

64

-38

1,076

895

885

885

-200

0

0

0

Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable

3,305

-30,666

-22,733

-17,944

-17,307

-2,157

-2,415

-8,429

-5,934

10,547

5,808

10,233

7,294

7,471

5,777

-57

619

-894

785

4,559

2,005

290

947

3,702

5,990

5,663

2,183

-204

-2,696

-978

2,892

5,745

12,434

9,480

8,487

7,015

5,128

7,472

-22,519

-22,632

-9,570

0

0

0

Inventory

-25,371

-49,055

-44,739

-37,600

-37,841

5,428

-1,271

-8,799

-14,490

13,799

10,141

6,698

9,057

11,437

21,699

26,044

25,460

21,798

16,694

13,631

13,504

12,571

10,411

14,191

17,024

19,034

19,447

17,658

15,527

10,480

13,182

13,589

14,293

21,705

16,013

11,693

6,279

1,030

3,521

2,092

612

0

0

0

Prepaid expenses and other current assets

-3,878

-1,597

70

432

-506

-327

7,803

2,368

1,088

2,132

-796

533

2,815

3,813

-433

-356

1,576

-2,821

-2,461

1,167

-3,738

-1,210

4,790

1,239

3,450

1,166

-3,408

613

174

4,984

4,911

364

-1,065

-2,168

-10,857

-10,596

-5,278

-6,832

3,700

557

341

0

0

0

Other non-current assets

-3,946

-2,273

-7,664

-6,594

-6,331

-4,295

-2,616

-2,442

-3,355

3,438

3,256

2,351

2,412

2,826

3,383

1,233

1,876

1,909

2,180

3,131

2,830

3,283

2,695

4,112

3,418

2,710

2,368

2,124

1,934

2,082

2,043

985

1,815

1,503

1,507

1,573

611

197

1,972

1,622

1,155

0

0

0

Accounts payable

837

6,223

3,330

8,807

5,881

1,134

9,669

6,598

10,494

6,177

3,056

4,608

-1,397

2,205

-1,949

-6,868

-2,756

-3,013

-1,180

1,333

-534

-3,449

-2,516

-2,011

-2,986

739

-133

-1,668

607

-1,613

338

2,666

413

5,192

3,617

2,710

4,976

3,676

5,917

2,269

-2,131

0

0

0

Accrued expenses and other current liabilities

-14

-3,425

-8,632

1,037

-2,475

-2,087

-1,732

-8,721

-2,285

17

9,267

8,037

5,480

15,851

9,534

11,940

14,246

-3,543

-3,291

832

3,391

5,667

4,766

-967

-2,321

2,354

4,673

9,226

8,333

3,173

1,884

1,816

3,481

4,591

5,795

6,845

2,590

-213

-2,716

-1,105

-6,281

0

0

0

Other non-current liabilities

943

6,696

938

-199

1,425

-2,162

6,070

10,259

8,285

8,230

3,718

1,195

10

-4,978

-3,454

-513

2,859

5,110

3,111

363

-1,860

1,700

2,775

2,688

3,040

2,445

1,026

-2,296

-2,357

-2,474

-956

776

865

1,830

928

2,445

115

-697

-1,526

-1,674

1,128

0

0

0

Net cash provided by operating activities

155,621

140,729

115,300

114,848

108,547

116,806

124,192

124,315

130,289

119,163

126,691

121,839

101,242

96,135

81,613

80,383

83,360

71,185

67,322

67,058

71,790

74,415

71,164

57,515

47,975

53,003

58,113

57,126

66,262

62,283

57,557

59,561

45,029

41,551

41,464

46,029

49,956

46,555

45,426

40,296

41,153

0

0

0

Cash flows from investing activities:
Purchase of property, plant and equipment

37,297

39,703

43,816

46,393

41,346

36,639

33,055

29,310

27,976

27,021

23,940

21,387

20,894

20,644

20,686

20,760

20,864

19,662

19,238

22,679

20,897

22,168

25,786

26,607

28,920

33,835

45,007

41,761

42,017

37,346

22,028

21,943

17,841

14,487

13,269

10,343

10,440

9,650

8,471

7,688

9,906

0

0

0

Purchase of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

729

1,310

1,693

2,520

1,791

0

0

0

-

-

-

-

1,845

2,649

3,449

2,836

7,219

0

0

0

Proceeds from sale or maturities of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,883

0

0

0

-

-

-

-

-

-

-

-

Acquisition of businesses, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500,000

500,000

500,000

500,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of assets

8,354

316

346

79

1,920

1,958

1,943

1,927

87

114

190

181

188

769

702

732

726

72

55

609

608

600

658

74

100

698

753

784

763

300

189

265

297

180

175

62

2,397

0

0

0

-

-

-

-

Net cash used in investing activities

-62,785

-73,229

-55,028

-24,030

-17,142

-12,397

-31,112

-27,383

-27,889

-26,907

-23,750

-21,857

-21,357

-20,526

-20,635

-20,028

-520,138

-519,590

-519,183

-519,690

-17,909

-19,188

-26,670

-44,101

-47,117

-54,150

-61,728

-45,632

-45,180

-38,256

-22,666

-21,428

-13,661

-6,390

-5,236

-3,103

-4,845

-9,067

-11,195

-10,077

-19,053

0

0

0

Cash flows from financing activities:
Proceeds from revolving credit facilities

9,435

9,435

9,435

0

149,250

0

0

0

-

-

0

0

-

-

-

-

225,000

225,000

225,000

225,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from term loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200,000

200,000

200,000

200,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid to shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,014

46,014

46,014

46,014

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of revolving credit facilities

45,821

115,411

110,000

117,000

110,500

61,750

70,500

64,500

84,000

85,750

99,500

97,000

84,500

80,000

65,000

73,500

56,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,000

30,000

30,000

30,000

7,000

0

0

0

-

-

-

-

Repayments of term loans

-

-

-

0

168,750

172,500

176,250

180,000

13,750

12,500

11,250

10,000

10,000

10,000

7,500

9,876

7,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance fees paid in connection with credit facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,122

7,122

7,122

7,122

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of notes payable

477

469

469

471

471

470

473

472

475

475

469

469

469

0

0

0

-

-

-

-

500

634

517

514

505

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

12,209

12,069

11,549

13,255

5,232

4,770

5,167

4,195

4,992

4,937

4,580

3,616

4,754

4,772

6,324

11,736

10,492

10,481

10,037

8,294

7,060

8,175

6,400

2,627

1,788

734

4,361

4,361

4,252

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options

13,598

14,687

14,323

17,129

23,271

24,485

26,269

13,585

13,274

14,053

17,806

17,618

16,170

12,078

7,524

7,969

4,583

5,098

3,304

3,355

4,459

4,409

6,218

6,628

4,608

4,431

7,152

13,644

16,416

16,757

12,695

5,521

2,813

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

4,780

4,910

3,886

4,141

2,549

2,283

2,048

2,079

3,144

3,403

3,753

3,595

1,562

3,086

3,551

6,808

7,124

5,533

4,416

1,096

757

0

0

0

-

-

-

-

-

-

-

-

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-106

-114

-136

-74

-93

201

101

55

11

-107

20

57

-72

-212

-317

-339

-247

-122

-171

-331

-289

0

0

0

Net cash used in financing activities

-20,367

-89,572

-84,005

-114,449

-113,284

-65,755

-76,871

-86,332

-89,943

-89,699

-96,232

-91,658

-78,773

-79,005

-68,637

-84,351

349,789

371,794

387,702

414,430

-46,077

-47,125

-43,096

-39,006

3,784

6,231

15,550

25,377

28,653

27,545

16,409

5,790

-27,386

-27,861

-28,063

-27,658

-5,375

-21,053

-32,434

-38,430

-31,388

0

0

0

Effect of exchange rate changes on cash

902

703

-234

688

-2,400

-779

1,271

-407

2,783

1,793

-1,286

-122

-1,397

-1,535

1,044

-305

742

1,774

-1,211

-2,390

-3,556

-4,851

-2,153

1,665

2,085

-1,050

-917

-1,711

-3,876

672

-1,571

-3,975

664

-294

2,215

5,415

2,850

2,113

483

-197

120

0

0

0

Cash and cash equivalents:
Increase/(decrease) during the year

73,371

-21,369

-23,967

-22,943

-24,279

37,875

17,480

10,193

15,240

4,350

5,423

8,202

-285

-4,931

-6,615

-24,301

-86,247

-74,837

-65,370

-40,592

4,248

3,251

-755

-23,927

6,727

4,034

11,018

35,160

45,859

52,244

49,729

39,948

4,646

7,006

10,380

20,683

42,586

18,548

2,280

-8,408

-9,168

0

0

0

Supplemental disclosures of cash flow information:
Income taxes

27,071

27,109

27,591

21,787

22,141

17,603

20,263

21,575

21,045

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Interest

1,288

2,146

2,452

3,467

4,228

5,070

5,750

5,947

6,227

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0