Scotts Miracle-Gro Co SMG Cash Flow

Scotts miracle-gro co (SMG)

CashFlow / Yearly

Sep'19	Sep'18	Sep'17	Sep'16	Sep'15	Sep'14	Sep'13	Sep'12	Sep'11	Sep'10	Sep'09	Sep'08
OPERATING ACTIVITIES
Net income
460,200	63,700	218,800	314,800	158,700	166,200	161,100	106,500	167,900	204,100	153,300	-10,900
Adjustments to reconcile net income to net cash used in operating activities:
Impairment, restructuring and other
700	121,500	1,200	200	4,300	33,700	16,200	5,300	31,800	18,500	5,100	136,800
Costs Related to Refinancing (Non-cash)
-	-	-	2,200	0	3,500	0	0	1,200	0	-	-
Share-based compensation expense
38,400	40,400	25,200	15,600	13,200	11,100	10,300	12,500	16,000	16,400	14,500	12,500
Depreciation
55,900	53,400	55,100	53,800	51,400	50,600	54,900	-	50,300	48,500	47,900	53,900
Amortization
33,400	30,000	25,000	19,700	17,600	13,800	11,200	10,900	11,400	10,900	12,500	16,400
Deferred taxes
-33,300	-87,600	-17,400	83,600	1,300	12,100	24,200	24,200	-11,300	37,700	-6,000	-16,500
(Gain) loss on long-lived assets
-1,100	600	3,300	800	0	-1,100	2,100	-100	-800	22,400	1,100	-1,000
(Gain) loss on sale of business / unconsolidated affiliate
262,600	-700	31,700	-	-	-	-	-	-	-	-	-
Recognition of accumulated foreign currency translation loss
2,500	11,700	0	0	-	-	-	-	-	-	-	-
Gain on sale / contribution of business
-	-	-	131,200	-	0	-	-	-	-	-	-
Gain on sale / contribution of business
-	-	-	-	0	1,400	0	0	93,000	0	-	-
Equity in income and distributions from unconsolidated affiliates
-1,600	4,900	-32,600	300	0	0	-400	0	0	-	-	-
Gain on investment of unconsolidated affiliates
-	-	-	-	-	5,700	-	-	-	-	-	-
Changes in assets and liabilities, net of acquired businesses:
Accounts receivable
-600	2,700	-48,600	29,800	12,500	29,400	-17,900	6,900	-10,400	10,700	-7,100	15,700
Inventories
65,000	-14,300	-3,600	29,400	17,500	38,700	-89,000	23,100	37,800	-50,800	47,400	17,900
Prepaid and other assets
11,000	-18,000	12,200	9,300	-1,800	3,200	-300	-17,300	7,600	3,700	-4,700	2,600
Accounts payable
54,300	-3,900	9,000	-45,300	6,900	52,600	-5,200	-6,900	6,100	-31,200	-17,300	9,400
Other current liabilities
49,700	4,500	26,900	22,900	12,900	-22,900	5,400	-15,900	-76,500	-24,100	86,300	31,700
Restructuring and other
-100,200	100,100	-8,700	-7,300	12,100	4,900	-8,100	-19,400	29,100	-300	-300	-1,400
Other non-current items
300	13,600	10,400	11,800	3,400	14,600	32,600	9,000	-13,000	-13,000	-36,900	14,400
Other, net
-800	2,500	-900	3,600	-100	-7,200	900	-6,300	-10,300	11,600	31,600	10,200
Net cash used in operating activities
226,800	342,500	363,200	244,000	246,900	240,900	342,000	153,400	122,100	295,900	264,600	200,900
INVESTING ACTIVITIES
Proceeds from sale of long-lived assets
2,100	5,100	5,700	2,400	5,500	3,700	3,600	700	200	24,500	1,400	1,100
Post-closing working capital payment related to sale of International Business
0	35,300	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of business, net of cash disposed of
0	0	180,300	0	0	7,200	0	0	253,600	0	-	-
Investments in property, plant and equipment
42,400	68,200	69,600	58,300	61,700	87,600	60,100	69,400	72,700	83,400	72,000	56,100
Investments in loans receivable
0	17,100	29,700	90,000	0	0	-	-	-	-	-	-
Proceeds from loans receivable
20,800	14,300	0	0	-	-	-	-	-	-	-	-
Contingent consideration and related payments
-	-	-	-	-	-	-	-	20,000	0	-	-
Proceeds from sale and leaseback transaction
-	-	-	-	-	35,100	0	0	-	-	-	-
Cash contributed to TruGreen Joint Venture
-	-	-	24,200	0	0	-	-	-	-	-	-
Proceeds from sale of investment in unconsolidated affiliates
274,300	0	0	-	-	-	-	-	-	-	-	-
Net distributions from unconsolidated affiliates
0	100	-57,400	-194,100	0	0	-	-	0	-	-	-
Investment in marketing and license agreement
-	-	-	-	300,000	0	0	-	-	-	3,400	4,100
Investment in unconsolidated affiliates
-	-	-	-	-	-	4,500	0	-	-	-	-
Investments in acquired businesses, net of cash acquired
6,600	492,900	121,700	158,400	180,200	114,000	3,200	7,000	7,600	0	9,300	-
Other investing, net
-7,000	-13,500	0	0	-	-	-	-	-	-	-	-
Net cash provided by investing activities
255,200	-580,700	22,400	-134,400	-536,400	-155,600	-64,200	-75,700	153,500	-58,900	-83,300	-59,100
Financing Activities
Borrowings under revolving and bank lines of credit and term loans
1,056,200	2,987,000	1,449,300	2,069,100	1,836,000	1,932,800	1,474,800	1,684,000	1,610,100	1,021,400	1,558,000	942,100
Repayments under revolving and bank lines of credit and term loans
1,445,500	2,312,900	1,618,300	2,150,400	1,458,000	1,525,300	1,682,100	1,694,600	1,632,100	1,391,400	1,736,000	1,042,000
Proceeds from Issuance of Senior Long-term Debt
0	0	250,000	400,000	-	0	-	-	200,000	198,500	-	-
Repayments of senior debt
-	-	-	200,000	0	200,000	0	0	-	-	-	-
Payments of Financing Costs
200	6,100	4,400	11,200	500	6,100	0	0	18,900	5,500	100	-
Dividends paid
124,500	120,000	120,300	116,600	111,300	230,800	87,800	75,400	67,900	42,600	33,400	32,500
Distribution paid by AeroGrow to noncontrolling interest
0	0	8,100	0	0	-	-	-	-	-	-	-
Purchase of Common Shares
3,100	327,700	255,200	137,400	14,800	120,000	0	17,500	358,700	25,000	-	-
Payments on seller notes
800	8,900	28,700	2,800	1,500	800	800	0	300	600	1,400	2,700
Excess tax benefits from share-based payment arrangements
0	0	7,900	5,800	4,700	5,900	2,000	6,600	5,600	6,400	4,100	2,900
Cash received from exercise of stock options
21,400	10,500	11,000	14,700	24,300	20,000	13,300	17,600	31,500	22,500	14,800	9,200
Acquisition of noncontrolling interests
0	70,700	0	0	-	-	-	-	-	-	-	-
Net Cash Provided by (Used in) Financing Activities, Total
-496,500	151,200	-316,800	-128,800	278,900	-124,300	-280,600	-79,300	-230,700	-216,300	-194,000	-123,000
Effect of exchange rate changes on cash
-600	400	1,600	-2,100	-7,300	-1,500	700	2,600	-2,100	-3,200	-400	-2,000
Net increase (decrease) in cash and cash equivalents
-15,100	-86,600	70,400	-21,300	-17,900	-40,500	-2,100	1,000	42,800	17,500	-13,100	16,800
SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid
-	-	-	-	-	-	56,600	48,600	44,500	41,600	-55,600	82,000
Call premium on 6.625% Senior Notes
-	-	-	-	-	-	0	0	-	-	-	-
Income taxes paid
-	-	-	-	-	-	44,000	79,600	115,100	84,200	-51,200	36,800