REXNORD CORPORATION RXN Cash Flow

Rexnord corporation (RXN)

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
Operating activities
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,900	0	0	0
Net income
180,400	199,100	175,800	81,600	34,300	-74,900	-18,400	48,900	76,000	0	0	0	-	-	67,200	65,200	67,500	100,600	78,500	93,000	83,800	91,200	117,600	28,000	29,600	13,600	-5,800	65,900	50,100	0	0	0	-	-	-	-
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation
51,200	51,300	52,000	54,500	58,000	60,300	59,900	57,600	56,100	58,400	62,500	63,200	63,300	60,400	58,100	58,500	58,000	57,400	56,400	56,300	57,100	56,000	56,100	55,800	56,100	57,400	57,900	59,700	59,800	62,400	65,100	63,500	63,100	0	0	0
Amortization of intangible assets
35,400	34,900	34,500	34,200	34,300	34,500	34,700	34,200	33,600	33,200	33,200	35,700	42,100	48,000	54,000	57,700	57,400	57,400	56,400	55,900	55,100	53,800	52,900	51,800	50,800	50,200	49,900	50,600	51,100	52,000	52,300	51,400	50,900	0	0	0
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	1,900	1,900	2,200	2,300	2,400	2,300	2,200	2,200	2,000	2,100	2,000	2,200	2,100	2,100	2,100	2,000	2,600	3,000	3,500	3,900	3,900	5,000	6,000	6,900	7,800	0	0	0
Non-cash asset impairment
-	-	0	-43,700	-	-	126,800	44,800	800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on dispositions of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-600	3,300	-1,800	-2,900	-3,000	-7,100	-2,000	-1,900	-2,300	-1,700	-1,600	-1,000	3,600	3,600	3,700	3,100	-1,200	0	0	0
Deferred income taxes
2,800	3,500	8,700	15,700	27,500	20,400	82,900	83,500	77,500	78,700	16,100	10,300	18,400	36,900	26,200	22,500	13,900	36,700	61,900	53,000	36,900	-9,500	-33,900	14,000	27,600	38,200	43,700	3,200	20,900	33,200	39,000	37,200	22,200	0	0	0
Other non-cash charges
-1,600	-800	-2,300	-3,300	-6,100	-5,900	-5,800	-2,400	-2,300	-5,300	-1,300	-800	1,000	-1,100	-6,600	-12,900	-9,600	12,900	8,900	11,300	9,800	-7,400	-4,000	1,600	100	-100	0	4,500	-7,300	-2,100	-2,400	-26,500	-14,800	0	0	0
(Gain) loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-133,200	-133,200	-136,100	-6,900	-24,000	-34,000	-31,100	-31,100	-10,700	0	0	0
Stock-based compensation expense
26,900	24,000	23,600	23,500	22,600	21,900	21,500	21,100	20,500	19,500	18,200	16,500	13,400	11,500	9,700	7,900	7,500	7,400	7,500	6,700	6,400	6,500	6,200	7,100	7,000	7,000	7,100	7,000	7,100	6,400	5,100	4,100	3,700	0	0	0
Changes in operating assets and liabilities:
Receivables
19,900	12,100	-100	20,500	29,800	25,600	32,500	35,900	31,000	27,600	31,200	11,300	5,800	4,300	-2,000	-10,800	-1,500	-11,000	-11,200	9,400	-6,100	13,700	4,500	-11,300	11,300	20,100	23,700	33,500	20,300	6,800	30,100	-9,800	33,800	0	0	0
Inventories
-100	5,700	15,000	17,500	24,700	15,900	-1,100	1,200	-11,500	-1,600	-9,500	-11,900	-22,500	-27,400	-25,300	-24,100	-37,700	-15,800	900	-300	15,200	3,200	8,800	17,800	11,300	5,100	100	6,900	12,800	34,400	24,400	18,900	3,400	0	0	0
Other assets
-3,200	17,100	7,000	-3,500	-4,100	7,300	20,000	14,900	16,600	8,300	-2,800	9,900	9,200	1,000	8,600	-5,900	-7,500	-7,500	-4,300	400	-100	7,700	1,000	2,600	6,800	-3,200	-1,800	-9,200	-7,500	-4,900	600	15,200	10,700	0	0	0
Accounts payable
-3,700	7,300	-16,600	-11,300	-1,300	-2,200	-2,500	2,700	13,000	10,300	10,200	19,300	-5,300	-6,900	-4,400	-6,000	-32,400	-5,300	5,200	4,100	3,700	6,100	-11,800	-11,400	26,000	11,200	19,000	14,300	-4,300	5,400	3,000	15,400	22,300	0	0	0
Accruals and other
-10,800	4,100	11,400	23,200	35,900	25,200	28,000	9,500	17,200	4,400	10,200	5,700	10,100	3,800	-7,800	-18,600	-15,900	-12,500	13,700	31,000	21,300	15,200	8,800	-17,900	-62,400	-33,900	-64,000	-20,800	-9,900	-5,900	8,700	-20,900	-4,100	0	0	0
Cash provided by operating activities
298,600	287,500	269,300	260,900	258,100	251,900	243,100	207,700	228,500	194,900	196,600	212,500	195,100	190,900	211,000	230,700	219,000	229,100	234,400	247,400	245,900	264,400	260,200	224,500	190,800	188,800	145,100	155,100	144,500	127,700	111,700	139,000	139,300	0	0	0
Investing activities
Expenditures for property, plant and equipment
41,400	43,900	40,500	39,700	44,900	42,100	42,400	44,900	40,700	35,600	41,500	49,400	54,500	69,700	64,300	56,400	52,100	43,100	44,300	47,800	48,800	52,700	54,200	53,100	52,200	50,200	46,800	53,500	60,100	61,000	69,100	64,800	58,500	0	0	0
Acquisitions, net of cash acquired
84,500	46,500	46,500	48,200	23,400	0	0	0	-	-	-	-	213,700	0	0	214,400	-	75,100	109,400	109,400	138,200	62,000	105,300	135,300	112,000	111,900	55,400	25,400	21,000	21,100	238,600	238,600	256,800	0	0	0
Proceeds from dispositions of long-lived assets
-	-	-	2,500	-	-	-	8,800	5,500	7,800	4,100	3,500	4,200	2,900	3,700	6,200	5,800	-400	4,500	1,000	500	0	0	0	-	-	-	-	6,700	6,100	5,500	10,200	5,600	0	0	0
Cash used for investing activities
-123,100	-87,600	-74,800	-75,100	-53,300	-153,900	-210,800	-209,700	-208,800	-77,800	-37,400	-45,200	-264,000	-280,500	-274,300	-264,600	-45,200	-109,400	-140,000	-147,000	-177,300	-108,600	-159,100	-188,000	-163,800	-161,500	-98,700	-84,200	-81,800	-83,400	-329,800	-307,700	-324,200	0	0	0
Financing activities
Proceeds from borrowings of debt
1,050,000	746,000	61,100	160,100	270,800	454,600	1,739,500	1,640,500	1,529,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,400	951,300	887,000	961,100	960,600	0	0	0
Repayments of debt
835,600	931,600	146,800	245,800	369,000	461,400	2,035,600	1,939,100	1,816,200	1,651,000	1,813,600	1,809,600	1,905,300	1,886,600	109,600	114,500	19,500	19,600	19,700	19,800	19,800	25,100	25,100	1,951,400	1,948,400	1,943,300	1,939,100	12,600	313,200	1,066,100	1,067,600	1,063,800	762,000	0	0	0
Proceeds from borrowings of short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,800	13,500	9,300	11,300	17,900	12,600	-144,900	17,700	10,400	10,700	0	0	0
Repayments of short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,900	7,100	8,500	16,700	16,100	17,100	19,700	15,100	165,600	165,200	161,700	158,400	8,200	8,100	8,400	10,400	105,000	0	0	0
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,100	17,100	17,900	2,800	2,000	11,700	12,300	12,200	13,200	0	0	0
Third party investment in non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	400	400	400	0	0	0	0	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,000	40,000	40,000	40,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred acquisition payment
-	-	-	-	-	-	-	-	-	-	-	-	5,700	5,700	300	300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of preferred stock dividends
17,400	23,200	23,200	23,200	23,200	23,200	23,200	23,200	23,200	21,800	16,000	10,200	4,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of tender premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,600	17,600	17,600	17,600	0	0	0	0
Proceeds from issuance of common stock, net of direct offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	458,300	460,400	460,400	460,400	2,100	0	0	0
Proceeds from exercise of stock options
36,000	18,100	9,800	9,800	7,900	10,500	9,400	9,100	7,200	4,700	7,400	5,900	11,000	14,700	11,500	11,200	5,100	100	300	700	1,100	1,300	1,600	2,200	2,100	1,800	1,300	1,900	2,300	2,300	2,300	700	0	0	0	0
Taxes withheld and paid on employees' share-based payment awards
7,600	7,600	5,700	8,500	3,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit on exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	1,600	1,900	5,200	5,800	7,000	8,300	6,900	5,800	4,800	5,900	11,000	18,100	17,200	14,600	7,600	0	0	0	0
Cash provided by (used for) financing activities
114,900	-218,300	-104,800	-107,600	-116,700	-25,500	-319,500	-319,500	-308,800	-328,900	156,700	165,000	79,900	90,700	-101,500	-105,800	-56,300	-63,600	-62,600	-63,600	-17,400	57,000	59,300	-61,600	-210,300	-284,400	-279,200	-127,700	165,700	182,800	290,100	336,200	93,200	0	0	0
Effect of Exchange Rate on Cash and Cash Equivalents
-9,500	-1,700	-8,600	-3,700	-13,200	-10,200	-5,400	2,600	16,600	17,300	6,900	700	-5,500	-8,200	-1,400	-6,800	-3,200	-14,600	-18,400	-18,400	-19,900	-10,600	-5,500	1,500	-1,800	-2,700	-1,000	-1,200	-2,300	-200	6,400	-6,400	-1,300	0	0	0
Increase (decrease) in cash and cash equivalents
280,900	-20,100	81,100	74,500	74,900	62,300	-292,600	-318,900	-272,500	-194,500	322,800	333,000	5,500	-7,100	-166,200	-146,500	114,300	41,500	13,400	18,400	31,300	202,200	154,900	-23,600	-185,100	-259,800	-233,800	-58,000	226,100	226,900	78,400	161,100	-93,000	0	0	0