RYERSON HOLDING CORPORATION RYI Cash Flow

Ryerson holding corporation (RYI)

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	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating activities:
Net income
69,500	82,700	57,000	124,500	125,400	106,400	106,000	30,200	13,600	18,000	9,300	15,800	20,400	18,900	6,000	4,300	14,500	-1,800	24,200	-17,300	-30,400	-26,200	0	0	0	51,100	17,700	-8,800	0	0	0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization
57,500	58,400	60,000	58,500	55,600	52,900	50,200	48,000	47,900	47,100	44,800	43,100	42,300	42,500	41,600	43,100	43,500	43,700	0	0	0	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
2,900	3,100	3,100	3,200	3,400	3,300	3,300	2,800	2,600	2,200	1,900	1,800	1,500	1,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	44,200	43,500	43,000	0	0	0
Deferred income taxes
50,700	48,000	40,900	16,600	16,700	7,800	-7,800	-7,000	-12,800	-9,200	-1,800	-200	2,900	4,700	1,600	3,300	12,600	3,200	14,000	900	-9,600	-3,500	0	0	0	0	0	-	-	0	0
Provision for allowances, claims, and doubtful accounts
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for allowances, claims, and doubtful accounts
-	-	-	-	-	-	-	0	2,400	-	1,500	2,200	2,500	3,100	2,500	1,600	1,700	2,300	1,400	1,400	1,300	700	0	0	0	800	1,200	3,400	0	0	0
Restructuring and other charges
-	2,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension settlement charge
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash interest expense related to debt discount amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,500	43,800	41,500	0	0	0
Other-than-temporary impairment charge on equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,300	0	0	0	-	-	-	-	-	-	-	-	-	-
Other items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100	-200	0	0	0	-	-	-	-	-	-	-	-	-	-
Restructuring and other charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,800	0	0	0
(Gain) loss on retirement of debt
800	-200	0	0	0	-	-	-	-	-	-	-	-	-8,700	-7,200	-5,900	9,000	300	0	0	0	-	-	-	-	-	-	-	-	-	-
Non-cash (gain) loss from derivatives
-6,100	-600	-10,800	-9,900	900	-2,700	-1,200	-1,000	-3,700	-3,000	-4,700	-3,400	2,100	5,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other items
-800	-1,200	0	0	0	-	-	-	600	700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-1,200	0	0	0
Change in operating assets and liabilities:
Receivables
-92,900	-92,500	-96,500	-30,400	38,900	64,800	101,400	69,600	57,800	44,000	59,100	69,200	68,400	22,500	-11,400	-28,500	-68,900	-88,000	-90,500	-67,200	-17,400	19,500	0	0	0	-	-	-	-	-	-
Receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0
Inventories
-131,300	-65,900	-89,900	-57,700	28,900	21,400	41,800	61,400	52,100	42,900	56,700	40,700	46,700	6,500	-19,000	-56,500	-94,700	-178,100	-91,200	-63,500	-39,300	6,400	0	0	0	-18,000	-98,500	-92,900	0	0	0
Other assets
-9,000	-4,900	2,000	5,300	12,600	7,300	5,100	7,400	3,000	8,300	5,400	-1,100	-4,500	-12,700	-10,900	-13,500	-13,500	-6,800	0	0	0	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-11,600	-8,000	-10,900	0	0	0
Accounts payable
-60,700	-78,200	-61,100	-56,300	-6,000	58,400	109,700	134,900	143,400	58,100	48,500	24,200	25,900	20,400	-4,200	-500	10,300	-12,400	-60,000	-34,100	-20,500	-22,400	0	0	0	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0
Accrued liabilities
-11,200	-34,600	-20,100	-21,500	-8,800	16,800	15,100	17,800	6,700	4,600	-500	-7,200	-5,900	-5,200	-7,400	-9,300	-10,100	-20,200	-13,000	-5,400	-4,800	10,300	0	0	0	0	0	-	-	0	0
Accrued taxes payable/receivable
-19,000	-7,600	-5,000	-2,000	-1,200	2,200	7,700	10,000	8,100	6,300	-2,600	-2,300	-200	1,200	600	3,500	-200	-1,700	-1,500	1,400	5,000	3,200	0	0	0	-3,700	-2,600	1,900	0	0	0
Deferred employee benefit costs
-30,100	-29,400	-31,000	-33,700	-36,800	-38,700	-41,200	-40,700	-40,400	-38,400	-33,200	-36,600	-39,900	-40,700	-37,400	-42,100	-44,300	-50,200	-57,700	-65,100	-67,700	-67,400	0	0	0	-	-	-	-	-	-
Deferred employee benefit costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0
Net adjustments
214,900	110,400	193,300	-1,200	-118,200	-49,000	-77,600	30,900	48,300	-20,500	-54,900	-75,100	-75,300	5,900	37,400	94,300	189,800	260,700	129,800	97,400	33,600	-47,100	0	0	0	180,400	173,900	63,300	0	0	0
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-54,800	-	43,400	98,600	204,300	258,900	154,000	80,100	3,200	-73,300	0	0	0	-	-	-	-	-	-
Net cash provided by (used in) operating activities
284,400	193,100	250,300	123,300	7,200	57,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	231,500	191,600	54,500	0	0	0
Investing activities:
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	49,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	95,200	0	0	0
(Increase) decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-900	-6,600	-16,700	0	0	0
Capital expenditures
41,400	45,800	41,200	40,400	42,100	38,400	39,000	36,300	28,700	25,100	19,100	19,900	21,600	23,000	19,700	22,900	22,000	22,300	0	0	0	-	-	-	-	-	-	-	-	-	-
Capital expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	53,800	55,100	47,000	0	0	0
Investment in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Increase in cash due to consolidation of joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Proceeds from sale of property, plant, and equipment
-	70,400	14,000	14,100	14,300	5,900	800	500	2,200	3,800	3,700	5,300	3,700	3,200	10,800	9,600	11,500	10,400	6,200	8,500	7,300	7,300	0	0	0	13,200	10,800	11,300	0	0	0
Net cash used in investing activities
22,300	26,400	-21,600	-177,800	-195,500	-200,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-117,400	-113,900	-115,000	0	0	0
Financing activities:
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-67,300	-	-7,300	-19,600	-17,500	-18,000	-51,100	-36,900	-36,300	-34,000	0	0	0	-	-	-	-	-	-
Repayment of debt
55,100	12,700	64,600	64,300	64,100	52,400	0	0	0	-	-	-	-	738,800	689,000	703,100	46,500	59,900	0	0	0	-	-	-	-	-	-	-	-	-	-
Net proceeds of short-term borrowings
-17,800	-164,600	-167,100	118,400	183,700	149,900	210,500	6,700	35,100	74,300	107,200	51,700	87,300	37,000	-56,500	-40,800	-161,000	-164,400	-73,400	34,800	56,700	63,800	0	0	0	-112,100	-42,400	68,500	0	0	0
Net increase (decrease) in book overdrafts
-43,600	100	3,300	5,400	36,200	6,300	-62,700	-55,400	-77,200	-18,000	43,800	39,400	41,000	3,600	21,100	35,600	26,000	-3,500	9,700	-41,000	-14,100	36,000	0	0	0	-3,400	-25,800	17,000	0	0	0
Principal payments on finance lease obligations
14,000	13,600	13,000	14,100	13,600	13,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Principal payments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	12,900	6,900	6,300	4,800	4,600	3,800	2,800	1,900	1,500	1,200	1,200	1,000	0	0	0	-	-	-	-	-	-
Contingent payment related to acquisition
-	1,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale leaseback transactions
-	-	-	-	-	-	-	-	-	24,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,300	9,800	200	8,900	-26,100	-8,300	-20,300	-6,800	0	0	0	-	-	-	-	-	-
Net cash provided by financing activities
-123,100	-183,800	-235,100	51,800	144,600	92,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-127,300	-80,000	57,900	0	0	0
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	125,200	-	-10,800	-69,200	-186,600	-232,000	-129,000	-51,500	12,800	100,500	0	0	0	-	-	-	-	-	-
Net increase (decrease) in cash, cash equivalents, and restricted cash
183,600	35,700	-6,400	-2,700	-43,700	-49,900	-41,300	-49,800	-7,000	-7,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
0	-	-	-	-2,000	-4,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash, cash equivalents, and restricted cash
181,600	35,500	-8,800	-4,800	-45,700	-54,200	-43,200	-49,500	-4,500	-3,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,200	-2,300	-2,600	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-400	-1,300	-500	-5,700	-6,100	-8,600	-6,300	-7,600	0	0	0	300	2,700	1,700	0	0	0
Net change in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,900	8,500	-300	3,200	-32,200	-16,900	-26,600	-14,400	0	0	0	-12,900	400	-900	0	0	0
Supplemental disclosures:
Cash paid during the period for:
Interest paid to third parties, net
88,500	88,300	93,900	95,300	95,200	92,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid to third parties
-	-	-	-	-	-	-	-	-	-	-	-	88,200	-	86,700	87,400	85,000	86,700	91,000	95,300	102,000	100,300	0	0	0	72,300	73,400	71,500	0	0	0
Income taxes, net
-7,900	-6,600	-6,600	5,400	4,700	2,100	1,700	1,300	1,600	1,700	1,900	1,900	2,100	1,800	2,000	2,400	2,700	3,200	3,400	2,500	2,100	1,600	0	0	0	4,400	1,400	-3,100	0	0	0
Noncash investing activities:
Asset additions under adoption of accounting principal ASC 842
-	82,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset additions under operating leases
62,600	64,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset additions under finance leases and sale-leasebacks
2,200	2,200	4,200	4,100	11,100	12,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset additions under capital leases and sale-leasebacks
-	-	-	-	-	-	-	-	-	-	37,800	37,400	20,000	5,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset additions under financing arrangements
-	-	-	-	-	4,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash financing activities:
Short term debt converted to finance lease
-	7,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset additions under capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,400	3,500	3,500	5,100	0	0	0	-	-	-	-	-	-