STEELCASE INC SCS Cash Flow

Steelcase inc (SCS)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11
OPERATING ACTIVITIES
Net income
199,700	155,800	138,200	126,800	126,000	103,400	91,800	79,600	80,700	106,500	122,000	123,300	124,600	176,300	170,700	169,700	170,300	115,600	91,800	85,100	86,100	87,200	98,400	95,500	87,700	36,300	36,900	38,800	38,800	81,200	80,000	62,400	56,700	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
85,600	84,000	84,300	84,400	81,600	78,700	73,400	68,000	65,900	63,300	62,100	60,600	60,300	61,000	62,500	64,600	65,700	65,100	63,200	61,400	59,900	60,400	60,400	60,600	60,000	59,600	59,800	58,800	58,300	57,200	56,200	56,000	56,400	0	0	0
Changes in cash surrender value of company-owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-65,900	-62,900	-59,500	-68,300	11,600	-4,400	12,200	400	8,400	32,100	26,400	14,100	-21,000	-14,700	-10,300	-3,000	25,100	28,300	16,200	13,600	0	0	0
Non-cash restructuring costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Non-cash stock compensation
16,700	16,600	16,800	18,000	17,700	19,000	20,300	19,900	19,100	18,700	19,000	19,100	19,800	20,200	19,300	21,300	21,000	20,300	20,000	17,600	18,400	17,600	16,900	15,600	16,800	16,500	15,700	15,400	9,600	0	0	0	-	-	-	-
Equity in income of unconsolidated affiliates
12,200	12,500	12,600	12,900	13,700	13,500	14,200	13,100	12,800	12,800	10,300	10,200	9,700	9,600	11,600	12,600	13,400	14,700	14,400	14,800	15,200	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Dividends received from unconsolidated affiliates
12,500	11,000	10,200	12,000	9,100	9,700	11,300	7,800	10,300	10,000	10,900	12,500	9,900	10,500	10,900	10,800	12,400	12,000	11,900	11,600	10,700	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Other
-200	10,200	400	-8,800	-12,900	-8,100	-14,000	-19,300	-9,100	-16,200	-10,600	1,900	-8,800	-3,100	-3,100	-1,600	-2,500	-5,600	-5,500	-7,700	-5,100	1,500	-1,100	2,200	2,600	-200	-3,700	-1,300	3,600	-5,200	-28,200	-14,700	-2,500	0	0	0
Changes in operating assets and liabilities, net of acquisitions, divestures, and deconsolidations:
Accounts receivable
-7,200	27,500	48,800	39,200	66,400	45,400	56,100	7,200	-18,500	13,700	13,200	3,400	-11,900	-15,400	-40,800	-5,100	-700	9,000	40,700	34,300	43,700	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Inventories
6,200	-3,100	6,500	21,300	24,000	38,400	39,300	19,000	8,500	12,700	8,100	18,300	5,100	-7,500	-12,000	-25,300	-6,800	-2,500	4,100	32,900	27,200	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Assets related to derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22,300	12,300	5,600	2,800	23,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
VAT recoverable
-	-	-	-	-	-	-	-	-	-	-	-	-	11,200	-8,500	-14,100	-28,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-5,900	-17,600	-7,400	-12,400	-10,200	14,500	8,100	7,700	-4,500	-32,100	-28,300	-29,600	4,400	9,200	-2,600	-12,500	-2,900	-17,100	-9,400	11,300	-12,100	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Accounts payable
10,800	4,500	700	9,900	8,500	18,800	42,100	13,700	-700	20,500	2,200	22,300	9,500	-6,900	-6,400	-17,200	-4,100	-3,600	-7,200	12,700	12,600	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Accounts receivable, inventories and accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Employee compensation liabilities
36,700	25,800	15,100	2,900	21,100	16,900	5,300	-3,700	-13,800	-11,500	2,300	9,100	-8,800	-4,500	-10,000	-5,700	20,400	20,800	13,800	-3,700	-800	-21,400	-10,100	-13,300	13,100	-3,300	800	-5,500	5,800	-2,900	-20,700	-31,300	-32,500	0	0	0
Employee benefit obligations
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	0	0	-	-	0	0	-	-	-	-
Accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	28,300	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Accrued expenses and other liabilities
19,600	3,300	-7,800	4,700	-12,600	-2,700	7,000	-11,100	16,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
360,800	303,900	212,300	177,900	131,200	178,000	166,400	159,800	227,000	161,800	172,900	185,900	170,700	159,900	152,800	156,500	186,400	207,200	154,100	121,000	84,200	89,300	145,500	145,500	178,800	154,500	175,200	184,900	187,300	183,600	134,000	103,500	101,700	0	0	0
INVESTING ACTIVITIES
Capital expenditures
73,400	73,700	72,400	80,400	81,400	86,400	92,800	86,900	87,900	79,000	70,900	63,600	61,100	63,800	72,800	83,500	93,400	98,500	100,600	105,900	97,500	103,900	94,700	84,200	86,800	76,000	84,600	82,300	74,000	65,800	61,700	56,900	64,900	0	0	0
Proceeds from Sale of Property, Plant, and Equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,100	4,800	4,800	19,700	26,800	27,000	27,600	9,500	3,500	3,000	2,300	15,500	17,700	25,400	25,800	11,700	0	0	0
Purchases of investments
-	-	-	-	-	-	-	-	52,100	70,400	127,500	126,000	112,600	103,100	128,100	104,800	105,700	109,900	47,600	71,300	91,400	97,100	187,500	163,900	146,700	161,300	82,100	82,000	78,600	79,300	51,900	196,600	195,800	0	0	0
Liquidations of investments
-	-	-	-	-	-	-	-	125,600	169,600	112,500	110,300	126,600	128,100	132,800	137,200	95,100	81,600	81,100	116,000	149,100	159,000	152,900	118,700	122,300	95,500	95,400	95,800	62,600	53,400	51,400	460,100	466,100	0	0	0
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,900	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	20,900	0	0	0
Other
-800	-800	6,400	13,100	6,300	11,100	5,500	-8,500	0	-4,000	-7,400	1,200	-800	-6,600	-5,600	-6,400	-5,100	2,500	4,900	3,900	-5,800	-12,400	-14,500	-12,200	-2,000	-9,300	-4,600	5,300	4,800	18,900	11,700	-3,500	-7,000	0	0	0
Net cash provided by (used in) investing activities
4,500	-70,200	-132,800	-277,400	-271,600	-325,500	-197,700	-74,100	-47,500	32,600	-78,200	-82,600	-48,400	-19,000	-48,700	-31,100	-87,800	-131,100	-74,100	-66,900	-14,300	-2,800	-13,300	-15,100	-25,200	-60,700	-69,900	-77,700	-85,500	-93,300	-50,700	232,900	203,200	0	0	0
FINANCING ACTIVITIES
Dividends paid
69,100	67,900	66,500	65,300	64,300	63,400	62,400	61,600	61,000	60,300	59,800	59,000	58,500	58,000	57,500	57,100	57,000	56,000	55,000	54,000	52,500	52,200	51,700	51,300	50,200	49,000	47,900	46,700	45,800	42,200	38,700	35,300	31,700	0	0	0
Common stock repurchases
8,700	8,800	6,600	4,800	4,200	4,500	4,200	31,400	33,800	33,500	49,000	33,300	48,400	90,400	77,000	65,800	56,400	15,300	13,900	41,900	36,300	52,400	52,400	24,100	49,900	32,800	32,300	39,800	19,900	26,600	44,000	48,000	47,700	0	0	0
Excess tax benefit from vesting of stock awards
-	-	-	-	-	-	-	-	-	-	-	-	-	1,600	3,700	5,200	7,000	6,100	4,400	3,100	1,600	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Repayments of Long-term Debt
2,900	252,700	252,700	252,600	252,700	2,700	2,700	2,700	2,700	2,700	2,900	3,000	2,300	2,800	34,300	34,300	34,800	34,400	2,600	2,500	2,600	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Proceeds from (Payments for) Other Financing Activities
-1,200	-1,000	0	1,100	1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net cash used in financing activities
-81,900	84,700	106,500	120,900	122,300	-42,700	-59,100	-95,700	-97,500	-93,100	-108,100	-91,700	-105,900	-149,600	-114,000	-100,900	-90,100	-48,400	-67,100	-95,300	-89,800	-104,500	-104,300	-75,800	-101,600	-81,700	-81,400	-86,200	-64,200	-69,800	-82,800	-334,800	-334,300	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-1,100	-200	-1,300	-2,100	-2,700	-2,000	-2,200	1,900	4,000	3,700	1,200	-1,100	-1,200	-2,500	0	-1,600	-3,100	-6,200	-7,200	-6,600	-5,400	-2,300	0	600	-600	1,000	700	1,600	700	600	-1,700	-3,300	-700	0	0	0
Net increase (decrease) in cash and cash equivalents
282,300	318,200	184,700	19,300	-20,800	-192,200	-92,600	-8,100	86,000	105,000	-12,200	10,500	15,200	-11,200	-9,900	22,900	5,400	21,500	5,700	-47,800	-25,300	-20,300	27,900	55,200	51,400	13,100	24,600	22,600	38,300	21,100	-1,200	-1,700	-30,100	0	0	0