Scotts Miracle-Gro Co SMG Cash Flow

Scotts miracle-gro co (SMG)

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	Dec'09
OPERATING ACTIVITIES
Net income
324,500	468,600	460,200	371,500	252,700	5,200	63,700	177,100	246,300	262,500	218,800	225,400	286,000	330,700	314,800	317,100	237,500	151,900	158,700	167,800	156,500	157,800	166,200	162,300	188,800	163,200	161,100	140,400	85,500	112,700	106,500	93,200	111,500	161,900	167,900	188,700	253,000	193,900	204,100	0	0	0
Adjustments to reconcile net income to net cash used in operating activities:
Impairment, restructuring and other
200	200	700	98,600	122,000	122,000	121,500	0	0	0	-	-	-	-	-	-	-	-	4,300	4,300	38,000	37,300	33,700	45,300	11,600	11,600	16,200	4,600	4,600	9,900	5,300	0	0	0	-	-	-	-	-	-	-	-
Costs Related to Refinancing (Non-cash)
0	0	-	-	0	0	-	-	-	-	-	-	-	-	2,200	2,200	2,200	2,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense
40,400	38,800	38,400	38,800	41,700	41,000	40,400	34,700	25,800	28,900	25,200	22,400	19,400	15,700	15,600	15,500	15,200	13,300	13,200	13,800	14,000	11,400	11,100	8,600	8,200	10,200	10,300	12,300	12,100	12,800	12,500	12,300	14,100	13,300	16,000	18,200	19,000	17,800	16,400	0	0	0
Depreciation
58,100	56,700	55,900	56,000	55,800	54,700	53,400	52,900	53,000	53,800	55,100	55,000	54,100	54,300	53,800	53,400	53,800	52,400	51,400	51,000	49,800	50,100	50,600	51,700	53,200	54,300	54,900	0	0	0	-	52,600	51,100	51,000	50,300	49,500	48,900	48,500	48,500	0	0	0
Amortization
32,400	32,700	33,400	33,600	32,700	31,200	30,000	28,200	26,800	26,000	25,000	24,000	22,500	21,200	19,700	19,400	20,000	18,500	17,600	15,900	14,500	14,400	13,800	13,300	12,200	11,600	11,200	11,700	11,400	10,900	10,900	10,000	10,900	11,600	11,400	11,300	10,700	10,500	10,900	0	0	0
Deferred taxes
1,100	-34,100	-33,300	-71,500	-79,200	-41,300	-87,600	-65,300	-63,300	-67,100	-17,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on long-lived assets
0	-1,200	-1,100	-1,000	-500	500	600	1,200	4,300	3,600	3,300	2,100	-300	600	800	1,800	-300	100	0	-3,000	-300	-1,000	-1,100	4,200	1,900	2,000	2,100	-1,000	-200	0	-100	0	0	0	-	-	-	-	22,400	0	0	0
Gain on sale / contribution of business
-	-	-	-	-	-	-	-	-	0	-	-	-	-	131,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale / contribution of business
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in income and distributions from unconsolidated affiliates
0	-2,900	-1,600	0	1,200	5,600	4,900	4,400	9,000	-16,600	-32,600	-29,900	-39,200	-15,100	300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities, net of acquired businesses:
Accounts receivable
142,300	27,200	-600	40,900	83,600	19,600	2,700	-19,400	-155,500	-26,600	-48,600	-49,400	-54,900	24,600	29,800	-15,300	112,400	27,000	12,500	71,300	-11,200	26,000	29,400	59,300	118,600	200	-17,900	69,900	-161,700	-14,900	6,900	-69,800	-4,700	-12,700	-10,400	52,300	113,000	-3,200	10,700	0	0	0
Inventories
75,200	122,600	65,000	34,000	-1,900	-29,900	-14,300	-4,000	-27,400	-29,200	-3,600	-17,700	13,000	-16,400	29,400	49,000	26,000	70,400	17,500	-3,500	31,800	61,000	38,700	-1,400	-67,500	-41,900	-89,000	-80,700	11,000	-14,300	23,100	29,500	49,000	81,700	37,800	23,100	15,300	-25,500	-50,800	0	0	0
Prepaid and other assets
3,200	-10,600	11,000	-6,300	15,800	36,700	-18,000	100	-7,700	4,500	12,200	6,600	-9,900	4,200	9,300	10,000	8,600	-2,100	-1,800	3,900	1,500	3,100	3,200	-700	1,100	4,300	-300	10,300	-4,700	-15,000	-17,300	-12,600	-1,300	-1,100	7,600	3,300	-4,000	2,200	3,700	0	0	0
Accounts payable
29,600	75,400	54,300	29,500	36,700	5,200	-3,900	-6,000	-44,200	-7,800	9,000	-35,100	16,800	12,900	-45,300	-67,800	-5,800	16,500	6,900	32,600	-38,500	-12,900	52,600	43,500	11,600	45,100	-5,200	-7,400	-16,100	-35,100	-6,900	-10,200	-16,100	2,500	6,100	37,800	59,000	-58,000	-31,200	0	0	0
Other current liabilities
-73,100	-7,300	49,700	117,500	145,400	29,100	4,500	-43,500	-23,900	48,400	26,900	-36,300	-36,500	3,700	22,900	45,700	107,400	21,100	12,900	-55,600	-26,800	-28,600	-22,900	-24,300	44,300	9,500	5,400	-17,500	-70,500	-17,700	-15,900	-19,900	-85,300	-53,200	-76,500	-65,800	74,200	1,900	-24,100	0	0	0
Restructuring and other
-44,800	-103,700	-100,200	-57,800	39,000	104,100	100,100	81,200	11,100	100	-8,700	-13,300	-13,000	-8,700	-7,300	-34,500	400	-200	12,100	39,300	8,600	11,200	4,900	-500	-4,900	-9,200	-8,100	-10,200	-12,400	-19,500	-19,400	0	0	0	-	-	-	-	-	-	-	-
Other non-current items
-4,400	5,200	300	17,300	7,700	10,000	13,600	15,300	25,100	17,800	10,400	64,200	7,200	11,000	11,800	-38,200	9,700	7,800	3,400	-11,400	8,200	10,500	14,600	38,300	27,200	27,200	32,600	21,300	13,900	12,000	9,000	-10,900	-4,600	-700	-13,000	0	0	0	-	-	-	-
Other, net
-	0	-	-	-	1,700	2,500	1,200	-600	-1,600	-900	-3,600	2,900	2,500	3,600	12,300	7,800	-800	-100	-12,200	-15,400	-4,500	-7,200	6,400	4,800	3,500	900	-22,500	-18,100	-9,300	-6,300	-1,100	-6,200	-5,500	-10,300	2,700	21,600	9,500	11,600	0	0	0
Net cash used in operating activities
165,800	142,000	226,800	268,200	279,200	319,600	342,500	268,200	369,400	362,500	363,200	364,500	382,800	372,800	244,000	193,800	267,800	175,300	246,900	230,800	206,800	154,100	240,900	233,200	272,700	330,400	342,000	181,400	228,500	185,900	153,400	250,700	105,700	90,700	122,100	126,200	303,300	302,900	295,900	0	0	0
INVESTING ACTIVITIES
Proceeds from sale of long-lived assets
-	-	-	-	-	-	5,100	1,900	1,100	-	5,700	5,000	7,000	2,400	2,400	2,600	500	5,600	5,500	0	0	0	-	-	-	-	3,600	3,700	300	800	700	0	0	0	-	-	-	-	24,500	0	0	0
Investments in property, plant and equipment
50,900	51,600	42,400	56,300	56,000	61,500	68,200	68,300	69,900	72,900	69,600	64,600	66,700	58,300	58,300	56,200	58,100	63,300	61,700	60,300	62,600	58,700	87,600	85,900	78,500	78,500	60,100	73,100	78,300	78,000	69,400	58,400	53,900	61,000	72,700	89,800	90,000	92,100	83,400	0	0	0
Investments in loans receivable
-20,900	2,500	0	-9,000	27,800	11,800	17,100	35,000	37,400	35,000	29,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net distributions from unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-57,400	200	-195,900	-194,800	-194,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in acquired businesses, net of cash acquired
0	0	6,600	6,600	427,500	429,500	492,900	525,400	115,800	113,800	121,700	86,200	236,300	236,300	158,400	162,500	129,700	169,100	180,200	233,100	104,500	65,100	114,000	60,000	60,000	60,000	3,200	3,200	10,200	10,200	7,000	0	0	0	-	-	-	-	-	-	-	-
Other investing, net
-4,300	-3,500	-7,000	-6,400	-14,500	-15,700	-13,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by investing activities
107,600	246,600	255,200	245,100	-203,100	-503,100	-580,700	-413,500	-19,400	21,700	22,400	-146,000	-142,300	-211,600	-134,400	-436,200	-561,300	-527,600	-536,400	-249,500	-120,000	-77,800	-155,600	-138,400	-135,400	-139,500	-64,200	-77,100	-88,200	-87,400	-75,700	-72,000	-77,200	165,200	153,500	144,400	160,900	-91,200	-58,900	0	0	0
Financing Activities
Borrowings under revolving and bank lines of credit and term loans
1,367,600	1,135,100	1,056,200	2,308,800	2,592,300	2,800,400	2,987,000	1,703,500	1,677,300	1,563,700	1,449,300	1,549,300	1,440,500	1,603,800	2,069,100	2,277,900	2,213,700	2,220,700	1,836,000	1,633,000	1,412,800	1,964,100	1,932,800	1,930,400	2,023,500	1,519,300	1,474,800	1,437,000	1,145,200	1,700,800	1,684,000	1,722,800	2,322,000	1,798,900	1,610,100	1,512,800	1,169,600	807,200	1,021,400	0	0	0
Repayments under revolving and bank lines of credit and term loans
1,520,400	1,442,000	1,445,500	2,673,200	2,463,700	2,293,200	2,312,900	1,081,700	1,466,700	1,472,000	1,618,300	1,592,800	1,585,600	1,681,500	2,150,400	2,045,000	1,967,300	2,042,100	1,458,000	1,418,800	1,314,500	1,495,300	1,525,300	1,617,000	1,770,500	1,615,000	1,682,100	1,492,700	1,235,100	1,753,100	1,694,600	1,722,300	2,013,200	1,603,800	1,632,100	1,615,800	1,602,300	1,308,400	1,391,400	0	0	0
Proceeds from Issuance of Senior Long-term Debt
0	0	-	-	0	0	-	-	-	-	250,000	250,000	250,000	250,000	400,000	0	0	400,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	200,000	0	0	0	-	-	-	-
Repayments of senior debt
0	0	-	-	0	0	-	-	-	-	-	-	-	-	200,000	200,000	200,000	200,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Financing Costs
0	0	-	-	0	0	-	-	-	-	4,400	4,300	4,600	4,200	11,200	11,700	11,000	11,000	500	0	0	0	6,100	6,100	6,100	6,100	0	0	0	0	-	-	-	-	18,900	0	0	0	-	-	-	-
Dividends paid
128,300	126,500	124,500	122,500	121,300	119,900	120,000	120,500	120,700	120,800	120,300	119,600	118,800	117,700	116,600	115,300	114,200	112,800	111,300	231,900	231,100	230,900	230,800	108,400	101,700	95,200	87,800	80,600	78,800	76,400	75,400	74,000	71,800	70,000	67,900	66,100	58,300	50,100	42,600	0	0	0
Purchase of Common Shares
50,500	2,600	3,100	17,100	73,900	232,000	327,700	385,800	412,800	307,800	255,200	239,200	193,800	181,000	137,400	81,200	42,800	0	14,800	45,300	75,200	126,300	120,000	89,500	59,600	8,500	0	0	0	0	17,500	157,500	282,500	351,200	358,700	0	0	0	-	-	-	-
Payments on seller notes
500	500	800	900	6,700	6,700	8,900	8,800	18,500	25,200	28,700	29,200	13,700	8,500	2,800	3,000	3,000	2,300	1,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	7,900	6,000	5,600	6,500	5,800	6,100	6,100	4,300	4,700	3,400	4,900	3,600	5,900	6,400	5,100	4,400	2,000	2,600	2,500	3,200	6,600	5,200	6,000	7,900	5,600	7,900	7,100	5,300	6,400	0	0	0
Cash received from exercise of stock options
21,200	21,200	21,400	5,000	9,000	10,600	10,500	16,400	13,100	10,700	11,000	8,100	7,200	14,800	14,700	17,700	17,300	19,300	24,300	22,200	28,300	21,100	20,000	22,300	18,500	17,700	13,300	6,300	7,900	12,700	17,600	18,700	22,100	30,600	31,500	37,100	31,400	23,100	22,500	0	0	0
Acquisition of noncontrolling interests
-	-	-	-	-	-	70,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Provided by (Used in) Financing Activities, Total
-279,800	-384,100	-496,500	-507,500	-68,900	152,500	151,200	57,200	-397,100	-423,400	-316,800	-179,800	-221,300	-117,800	-128,800	245,500	298,800	276,100	278,900	-38,200	-175,600	-64,500	-124,300	-62,700	-91,600	-184,200	-280,600	-128,200	-159,100	-112,800	-79,300	-207,800	-32,500	-202,700	-230,700	-186,700	-375,900	-184,600	-216,300	0	0	0
Effect of exchange rate changes on cash
-300	300	-600	1,000	-2,700	-900	400	-1,400	5,800	5,000	1,600	3,200	-2,200	-3,700	-2,100	-5,800	-2,800	-4,900	-7,300	-10,400	-9,100	-6,300	-1,500	9,700	7,900	2,300	700	-3,000	-4,500	2,100	2,600	-2,900	-2,300	-4,200	-2,100	2,700	2,100	200	-3,200	0	0	0
Net increase (decrease) in cash and cash equivalents
-6,700	4,800	-15,100	6,800	4,500	-31,900	-86,600	-89,500	-41,300	-34,200	70,400	41,900	17,000	39,700	-21,300	-2,700	2,500	-81,100	-17,900	-67,300	-97,900	5,500	-40,500	41,800	53,600	9,000	-2,100	-26,900	-23,300	-12,200	1,000	-32,000	-6,300	49,000	42,800	86,600	90,400	27,300	17,500	0	0	0
SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	53,400	54,000	56,800	56,600	45,400	45,100	47,000	48,600	59,700	56,600	62,300	44,500	104,400	80,200	28,100	41,600	0	0	0
Call premium on 6.625% Senior Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	87,900	66,900	43,400	44,000	31,600	30,200	72,400	79,600	70,600	124,200	128,000	115,100	186,300	97,400	86,100	84,200	0	0	0