SUBURBAN PROPANE PARTNERS LP SPH Cash Flow

Suburban propane partners lp (SPH)

CashFlow / Quarterly

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
Cash flows from operating activities:
Net income
77,361	40,163	-51,062	-29,041	121,016	27,719	-50,826	-16,595	106,787	37,168	-50,590	-29,716	83,812	34,489	-60,239	-29,598	92,011	12,266	-67,137	-40,952	136,634	55,807	-54,720	-58,989	149,547	58,671	-63,119	-45,187	129,484	57,620	-62,844	-9,323	49,573	23,232	-21,692	-6,787	100,316	43,129	-24,831	-6,616	98,388	48,375
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization
29,288	29,274	30,027	30,151	30,623	30,071	30,629	31,259	32,203	31,131	32,182	31,825	32,670	31,261	32,540	32,288	33,150	31,638	34,706	32,730	33,229	32,629	35,298	32,992	33,282	34,827	37,037	31,504	31,316	30,527	23,128	8,472	7,649	7,785	9,324	9,670	8,454	8,180	7,740	8,868	7,142	7,084
Loss on sale of business
-	-	-	-	-	-	0	0	0	-4,823	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Compensation costs recognized under Restricted Unit Plans
2,260	2,562	1,666	2,280	3,554	3,021	1,336	1,715	2,498	2,649	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-942	261	-1,041	-419	-545	317	-947	114	-534	217	5,296	-2,114	-2,616	-2,541	-1,912	-1,798	-2,590	-2,881	-4,262	-1,509	-2,938	-2,896	-2,021	-1,929	-984	-730	723	309	-48	1,812	0	-1,271	-3,441	-1,712	-1,400	-1,346	-2,144	1,574	-10,958	1,961	1,817	1,060
Changes in assets and liabilities:
Accounts receivable
-10,291	63,999	-18,415	-76,019	17,892	64,721	-16,749	-72,791	21,718	73,005	-7,262	-52,291	16,395	55,039	-8,532	-37,535	11,632	28,177	-23,606	-103,425	39,937	50,108	-43,066	-155,349	96,316	104,160	-10,816	-85,869	41,192	61,403	-9,610	-44,365	-368	40,581	-16,438	-58,984	137,648	-55,979	27,119	65,051	-29,974	-54,487
Inventories
-9,760	7,355	4,338	-9,922	-5,000	-3,769	9,274	-2,416	-9,640	8,511	11,408	-5,502	-6,441	8,451	5,306	-4,960	-6,739	3,978	-8	-11,208	-27,957	-4,106	12,457	-18,013	-3,982	22,880	8,674	-6,460	-17,478	4,711	5,387	-14,956	-20,195	21,575	12,052	-5,947	13,297	-14,681	-25,271	11,942	19,643	-15,869
Other current and noncurrent assets
16,708	4,094	-4,891	-2,689	-12,670	12,041	251	-6,802	4,134	7,779	4,420	-3,439	1,297	7,335	-3,539	-5,039	-282	6,823	-5,138	-8,673	-7,980	18,568	-1,076	-5,470	584	5,696	-2,320	-7,038	11,197	-7,275	-890	6,783	-2,443	-2,696	1,209	-1,062	-3,861	1,244	-3,312	674	-934	2,093
Accounts payable
-24,910	41,585	4,162	-28,909	-22,241	40,028	7,243	-20,970	-21,780	36,316	9,914	-26,469	-12,570	36,213	5,814	-9,495	-10,016	11,812	6,047	-21,719	-5,628	6,539	10,182	-34,890	-34,555	55,750	6,694	-30,485	3,821	19,595	26,816	-7,899	-20,484	17,236	5,332	-17,893	-14,676	25,103	8,077	-15,210	-14,163	24,672
Accrued employment and benefit costs
2,779	-10,713	6,518	-2,869	9,134	-10,499	3,645	-866	7,997	-5,776	3,982	6,586	-4,114	4,453	-4,403	4,300	-4,395	-8,244	-1,046	3,016	2,505	728	-2,681	-121	1,258	2,018	-4,626	3,992	-391	8,070	1,994	-2,461	2,229	-10,348	1,623	-2,442	4,531	-9,385	3,806	-1,964	4,447	-18,540
Accrued insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,499	39	3,008	5,053	-3,274	496	-1,223	-450	735	1,869	-6,066	858	-462	-3,437	4,057	2,969
Customer deposits and advances
-26,497	-13,801	50,908	-752	-31,085	-16,700	49,996	-1,464	-32,147	-17,925	40,520	-2,349	-33,483	-13,820	41,994	-1,716	-34,280	-4,835	51,279	2,226	-40,986	-14,758	59,653	803	-38,251	-22,381	45,711	-940	-45,528	-15,978	39,194	1,666	-15,530	-6,978	25,308	1,132	-21,934	-10,609	24,133	2,618	-26,657	-6,422
Contributions to defined benefit pension plan
1,015	1,015	1,015	1,015	2,395	925	-	-	-	-	3,981	4,750	1,396	1,396	715	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current and noncurrent liabilities
12,047	3,266	2,753	5,965	-15,028	7,938	1,821	2,630	975	3,842	-613	5,957	-1,542	323	500	12,831	-4,605	3,811	11,571	-911	-13,432	14,334	-5,155	-7,562	-3,121	7,282	-9,243	8,524	-14,421	17,301	5,854	11,442	-6,797	1,948	-2,262	7,115	-6,673	5,708	-1,676	8,506	-1,182	-5,661
Net cash provided by operating activities
75,707	15,612	60,678	64,859	93,901	7,343	53,076	73,765	80,855	2,716	39,843	44,430	56,309	23,239	28,761	48,173	70,136	10,351	65,067	99,205	126,332	33,605	80,581	124,583	16,226	4,161	13,838	66,505	72,426	61,537	37,723	56,202	42,371	-25,323	22,945	60,003	54,696	-4,858	26,073	72,393	72,057	-14,726
Cash flows from investing activities:
Capital expenditures
7,445	13,039	10,695	7,731	8,847	7,705	7,055	7,694	9,654	8,499	6,164	4,799	10,377	6,828	6,114	7,556	11,753	12,952	10,212	11,098	11,968	7,935	8,410	7,285	5,033	9,324	6,656	8,273	6,133	6,761	3,092	5,017	3,962	5,405	5,043	5,824	5,654	5,763	6,140	3,541	4,958	4,492
Acquisitions of businesses
9,572	11,899	435	8,290	10,575	0	-10,622	10,722	100	4,051	0	0	0	0	0	750	945	41,250	0	0	500	6,000	-	-	0	0	-	-	-	-	-	-	-	-	0	0	739	2,456	3,711	10,789	0	0
Proceeds from sale of property, plant and equipment
987	862	1,136	1,532	1,219	1,876	742	2,141	1,630	1,372	1,351	532	1,199	2,098	1,287	1,667	1,299	1,697	4,195	2,679	2,385	2,482	3,980	3,554	86	5,900	1,677	1,741	1,134	2,758	-918	489	1,187	691	407	539	3,199	1,829	504	716	1,471	829
Proceeds from sale of business
-	-	-	-	-	-	0	0	0	2,800	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment to purchase price for Inergy Propane
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,850	0	0	0	0	-	-	-	-	-	-	-	-
Net cash (used in) investing activities
-6,880	-33,226	-9,994	-14,489	-18,203	-5,829	-6,313	-16,275	-8,124	-8,378	-4,813	-4,267	-9,178	-4,730	-4,543	14,542	-11,399	-52,505	-6,017	-8,419	-10,083	-11,453	-4,430	-3,731	-4,947	-3,424	-4,979	-6,532	-4,999	1,847	-227,741	-4,528	-2,775	-4,714	-4,636	-5,285	-3,194	-6,390	-9,347	-13,614	-3,487	-3,663
Cash flows from financing activities:
Proceeds from borrowings under revolving credit facility
276,000	129,700	48,000	88,300	120,500	113,900	66,400	78,000	91,900	113,800	101,605	95,595	120,145	57,500	0	0	100,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of borrowings under revolving credit facility
305,400	68,700	61,700	104,600	159,800	74,700	73,945	100,900	127,800	66,500	80,105	84,295	93,700	54,100	0	0	100,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Partnership distributions
37,242	37,041	37,041	37,000	36,998	36,843	36,843	36,843	36,836	36,663	54,229	54,207	54,188	53,952	53,950	53,939	53,911	53,722	53,721	53,718	52,902	52,777	52,777	52,773	52,768	52,702	52,702	49,985	49,965	48,605	30,304	30,300	30,264	30,226	30,203	30,194	30,177	30,062	29,844	29,665	88,042	-29,288
Other, net
-242	-2,869	0	-500	-60	-2,447	-650	-50	-160	-1,857	-2,723	0	0	-736	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) financing activities
-69,549	21,090	-50,741	-53,800	-76,358	-90	-45,038	-59,793	-72,896	8,780	-35,452	-43,910	-44,735	-51,288	-54,263	-54,011	-56,517	-53,722	-53,721	-53,843	-68,197	-52,777	-52,829	-120,313	2,232	-52,702	-221,617	93,459	-49,965	-48,605	208,531	-32,072	-32,684	-30,226	-30,203	-30,194	-30,177	-30,062	-29,844	-29,665	-43,154	-29,288
Net increase in cash and cash equivalents
-722	3,476	-57	-3,430	-660	1,424	1,725	-2,303	-165	3,118	-422	-3,747	2,396	-32,779	-30,045	8,704	2,220	-95,876	5,329	36,943	48,052	-30,625	23,322	539	13,511	-51,965	-212,758	153,432	17,462	14,779	18,513	19,602	6,912	-60,263	-11,894	24,524	21,325	-41,310	-13,118	29,114	25,416	-47,677