RELIANCE STEEL & ALUMINUM CO RS Cash Flow

Reliance steel & aluminum co (RS)

CashFlow / TTM

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	Dec'10	Sep'10	Jun'10	Mar'10
Operating activities:
Net income
577,400	706,100	627,100	613,500	662,300	641,800	858,300	807,000	678,700	621,000	380,100	331,700	329,000	309,100	315,100	317,300	306,800	316,200	341,000	385,100	391,300	376,300	344,900	344,000	328,100	324,700	343,200	346,600	374,900	408,300	396,600	383,500	373,500	349,200	320,900	283,900	246,500	197,900	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense
222,300	219,300	216,600	215,200	215,100	215,200	216,000	216,600	217,300	218,400	219,500	220,600	221,100	222,000	220,600	219,900	219,300	218,500	219,800	219,400	217,200	213,800	209,900	205,800	203,200	192,400	180,800	168,200	154,600	149,000	143,700	140,600	135,600	133,100	130,400	126,000	124,500	120,600	0	0	0
Impairment of long-lived assets
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for uncollectible accounts
5,500	3,400	4,200	4,100	5,500	7,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax benefit
0	-	-	-	0	-	-	-	-	-192,600	-5,700	-4,200	-2,600	-500	-13,400	-13,500	-14,600	-17,100	-18,000	-18,700	-17,700	-18,200	-1,500	1,000	800	3,100	6,800	5,900	5,600	2,800	-26,200	-27,200	-27,200	-27,200	41,800	42,000	42,000	42,700	0	0	0
Gain on sales of property, plant and equipment
-	-	-	-	-	-	-	-	5,700	9,500	8,500	4,700	4,600	1,200	1,400	2,300	2,600	2,200	13,600	12,200	12,500	12,900	1,300	1,300	0	-700	-1,000	1,700	2,600	2,900	0	0	0	-	-	-	-	-1,100	0	0	0
Equity in earnings of unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,200	2,000	2,000	2,200	2,200	2,200	2,000	2,200	2,100	1,200	700	700	0	0	0
Dividend received from unconsolidated entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,500	2,700	2,900	2,900	2,400	3,900	3,900	3,900	2,500	600	300	300	0	0	0
Stock-based compensation expense
51,900	51,200	49,000	48,300	47,300	45,500	43,900	37,800	34,300	33,400	29,900	27,900	26,600	24,400	21,500	20,300	20,900	21,300	20,300	22,300	21,600	22,800	24,800	24,400	24,200	26,000	27,100	26,000	24,800	23,000	22,100	22,000	21,400	21,300	21,000	20,000	18,400	17,300	0	0	0
Tax deficit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	4,000	0	0	0
Net gain from life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-7,100	-4,400	-5,200	-4,200	0	0	0
Other
-17,500	-9,500	-21,500	-12,700	-9,900	-12,300	1,500	-3,300	-7,800	-7,700	-6,700	-10,800	-10,700	-7,700	-8,000	-7,200	-9,800	-9,800	3,200	3,200	5,400	4,900	-7,600	-5,100	-4,300	-1,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities (excluding effect of businesses acquired):
Accounts receivable
-203,000	-178,100	-172,100	-30,600	99,800	153,300	257,100	201,900	173,900	126,400	133,300	149,700	142,800	36,400	-45,100	-91,300	-215,800	-222,500	-182,100	-115,800	-6,800	97,200	121,700	29,400	17,400	-25,400	-116,900	-88,500	-131,900	-123,100	-64,200	-15,400	74,400	145,900	190,200	203,700	204,200	146,700	0	0	0
Inventories
-343,200	-211,800	-410,400	-274,400	38,000	88,800	303,300	302,100	209,900	186,600	170,400	120,300	147,600	30,400	-54,500	-104,900	-335,100	-306,800	-358,800	-174,700	74,000	131,000	283,400	181,300	-45,500	-111,900	-197,900	-244,900	-132,700	1,300	73,300	115,400	185,000	231,000	215,900	243,500	225,100	121,900	0	0	0
Prepaid expenses and other assets
-59,000	-31,900	-35,800	-22,800	-11,300	14,000	14,200	14,400	4,800	11,500	-4,100	-7,400	-18,900	-26,700	-26,100	4,900	31,300	25,200	30,700	5,300	-10,700	-31,500	-24,800	-8,600	4,700	17,300	-1,400	16,400	-3,400	18,900	22,800	-4,400	2,800	-22,800	-14,700	-2,300	-35,800	-23,900	0	0	0
Accounts payable and other liabilities
-221,700	-142,500	-126,100	-201,100	-54,200	-10,600	35,200	116,700	67,500	34,200	99,800	55,300	84,100	47,500	-31,500	-27,200	-103,500	-78,900	-200,300	-167,500	-79,400	-24,200	63,100	66,600	31,000	-49,700	-33,700	-3,700	-95,300	-88,800	-19,000	-87,400	29,600	107,600	56,300	135,900	125,000	79,400	0	0	0
Net cash provided by operating activities
1,355,100	1,301,500	1,385,400	1,030,800	768,500	664,600	434,000	480,800	433,000	399,000	437,200	436,500	450,400	626,500	696,300	766,300	1,009,000	1,025,000	909,500	710,400	458,600	356,000	283,100	458,900	629,900	633,300	846,100	864,600	737,300	601,900	486,300	341,500	273,000	234,800	183,700	164,100	167,000	214,100	0	0	0
Investing activities:
Purchases of property, plant and equipment
244,700	242,200	270,100	265,200	251,100	239,900	196,100	187,400	169,300	161,600	162,400	156,000	154,600	154,900	163,400	166,800	175,300	172,200	175,400	180,600	192,800	190,400	183,700	180,600	170,100	168,000	195,300	201,500	206,200	214,000	181,100	176,900	155,200	156,400	158,300	138,300	124,100	111,400	0	0	0
Acquisitions, net of cash acquired
-	-	-	-	-	77,600	92,100	76,100	76,100	37,800	1,000	27,600	59,100	348,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	166,900	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sales of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,200	6,600	4,500	8,300	9,000	11,200	9,800	3,400	3,200	0	0	0
Other
10,900	7,100	0	-5,100	-7,500	-7,300	-6,000	5,600	6,900	7,600	700	1,900	800	10,400	14,400	4,500	15,000	4,700	-21,000	-14,900	-20,600	-7,400	19,900	19,300	18,200	1,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net investment in life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-42,400	0	0	0
Net proceeds from redemption of life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	2,000	6,300	3,600	0	0	0	-	-	-	-
Net cash used in investing activities
-425,400	-419,100	-263,900	-269,900	-252,400	-281,000	-268,600	-241,500	-224,700	-179,400	-146,900	-176,600	-205,600	-505,100	-514,100	-486,700	-474,200	-169,900	-217,600	-373,900	-354,200	-365,000	-341,800	-188,200	-997,500	-979,000	-1,066,300	-1,074,900	-359,600	-381,700	-281,900	-585,200	-481,400	-474,600	-507,500	-183,700	-176,000	-161,800	0	0	0
Financing activities:
Net short-term debt (repayments) borrowings
-	-	-	-	-	-48,400	-19,800	3,000	13,200	8,400	2,900	4,200	-10,200	-12,600	-9,100	-7,600	5,400	12,700	7,300	12,100	2,500	1,700	1,300	-7,300	-475,800	-473,000	-505,100	-503,100	-59,700	-63,200	0	0	0	-	-	-	-	3,200	0	0	0
Proceeds from long-term debt borrowings
1,264,000	971,000	1,319,700	1,464,700	1,494,700	1,518,700	1,142,000	1,004,000	934,000	875,000	1,034,000	2,001,000	2,013,000	2,073,000	1,776,000	774,000	609,000	573,000	693,300	834,000	922,000	719,000	535,700	337,000	2,407,900	2,297,900	2,407,900	2,440,900	470,000	641,000	613,000	1,167,000	1,019,000	995,000	1,025,000	563,000	585,900	539,000	0	0	0
Principal payments on long-term debt
1,616,600	1,588,600	1,744,000	1,469,900	1,329,500	1,192,200	1,033,300	1,041,900	926,900	915,300	1,170,700	2,103,000	2,115,500	2,061,400	1,758,500	805,600	839,300	962,300	912,600	803,700	721,500	552,200	409,100	533,200	1,486,200	1,454,500	1,679,100	1,695,100	750,800	763,000	725,000	749,000	676,800	606,600	667,300	489,400	541,400	560,600	0	0	0
Dividends and dividend equivalents paid
153,600	151,300	148,100	147,200	146,400	145,300	143,200	140,100	136,800	132,000	130,200	128,900	125,100	120,400	118,900	116,700	117,400	120,100	117,700	115,700	113,300	108,700	107,200	105,300	101,100	96,900	90,300	83,700	71,900	60,200	50,300	40,500	38,100	35,900	34,400	32,800	31,300	29,700	0	0	0
Payment to noncontrolling interest holder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3,200	4,100	3,600	3,700	0	0	0	-	-	-	-
Excess benefit (tax deficit) from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	4,000	0	0	0
Exercise of stock options
-	-	-	-	-	-	-	-	-	-	9,600	10,200	23,800	37,500	35,400	34,600	25,500	15,100	11,900	18,100	26,500	28,800	36,500	49,000	46,900	70,100	83,000	74,800	69,100	42,100	22,100	11,400	11,800	11,100	13,400	17,700	16,300	21,200	0	0	0
Share repurchases
0	-	-	-	-	484,900	0	0	0	-	-	-	-	-	-	-	-	355,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interest purchased
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-17,700	-21,000	-28,900	-29,200	-29,000	-22,800	-11,000	-11,100	-10,000	-9,200	-17,500	-16,000	-15,500	-16,300	-10,000	-10,700	-11,700	-11,400	-9,000	-8,800	-8,200	-5,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-882,600	-840,600	-1,058,900	-741,800	-524,200	-403,900	-223,800	-263,900	-203,600	-198,100	-265,100	-232,500	-229,500	-100,200	-133,500	-287,500	-512,800	-848,500	-690,700	-314,000	-113,200	33,000	54,800	-260,400	382,000	332,100	203,000	218,700	-348,300	-207,600	-173,500	242,800	199,500	247,600	223,000	60,800	31,600	-24,500	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-8,600	4,300	-8,700	-1,900	-3,700	-5,900	300	2,400	6,900	10,100	1,700	2,600	-2,000	-2,700	500	-7,500	-3,100	-8,500	0	0	0	-	-	2,400	-900	-400	0	0	0	-	-	-	2,100	3,900	5,400	3,400	1,900	2,100	0	0	0
(Decrease) increase in cash and cash equivalents
38,500	46,100	53,900	17,200	-11,800	-26,200	-58,100	-22,200	11,600	31,600	26,900	30,000	13,300	18,500	49,200	-15,400	18,900	-1,900	-6,600	18,400	-12,000	22,600	-4,200	12,700	13,500	-14,000	-15,700	7,200	30,100	13,000	29,500	1,600	-6,800	11,700	-95,400	44,600	24,500	29,900	0	0	0
Supplemental cash flow information:
Interest paid during the period
75,400	83,000	90,600	91,100	88,600	84,000	78,900	76,100	73,400	72,500	78,600	76,200	84,400	81,400	82,500	81,100	81,800	82,000	82,500	84,100	82,500	82,400	82,200	84,800	75,000	74,200	61,500	59,600	57,900	58,700	59,200	60,000	59,700	57,400	63,000	61,600	63,000	62,200	0	0	0
Income taxes paid during the period, net
211,600	214,300	230,800	237,900	227,400	228,500	207,300	178,500	177,100	171,100	163,100	144,200	92,400	95,100	103,800	144,700	187,400	204,900	198,800	189,900	152,100	134,200	149,900	158,200	156,900	161,400	142,300	169,000	222,900	245,700	256,300	230,700	177,600	149,200	133,300	114,700	71,400	68,900	0	0	0