SPX CORP SPXC Cash Flow

Spx corp (SPXC)

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	Sep'09	Jun'09	Mar'09
Cash flows from (used in) operating activities:
Net income
22,700	25,400	21,500	19,200	-800	39,200	6,600	23,000	12,400	58,600	22,300	-9,000	17,400	-86,100	1,900	3,000	13,600	-12,700	-130,700	36,400	-10,000	-44,800	60,900	50,000	317,800	86,600	68,500	47,200	10,000	62,000	60,200	48,200	12,800	54,100	62,300	35,000	24,800	63,800	39,700	78,000	21,300	-73,200	32,000	33,100	24,300
Less: Loss from discontinued operations, net of tax
0	-3,100	300	-200	-1,400	-100	-200	3,300	0	-1,400	300	-700	7,100	-83,100	-4,700	-3,500	-6,600	-44,700	100	48,200	31,000	58,100	196,800	-6,700	21,100	194,000	5,400	8,000	-4,600	310,400	23,700	9,800	4,500	17,900	11,500	10,000	4,100	13,000	0	8,400	3,400	-169,200	-18,800	-6,000	-14,000
Income from continuing operations
22,700	28,500	21,200	19,400	600	39,300	6,800	19,700	12,400	60,000	22,000	-8,300	10,300	-3,000	6,600	6,500	20,200	32,000	-130,800	-11,800	-41,000	-102,900	-135,900	56,700	296,700	-107,400	63,100	39,200	14,600	-248,400	36,500	38,400	8,300	36,200	50,800	25,000	20,700	50,800	39,700	69,600	17,900	96,000	50,800	39,100	38,300
Adjustments to reconcile income from continuing operations to net cash from (used in) operating activities:
Special charges, net
300	600	2,000	1,300	100	1,700	1,000	1,600	2,000	700	1,000	500	500	500	1,900	2,400	500	-8,900	8,400	2,800	2,800	200	-8,800	4,500	10,000	-7,200	6,900	17,800	400	6,200	6,400	8,400	2,400	7,200	7,200	4,200	2,400	10,600	8,900	4,400	6,800	-5,000	19,300	23,300	11,900
Gain on change in fair value of equity security
0	0	0	1,600	6,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on asset sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-300	400	-400	491,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Business
-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,700	-1,200	17,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	4,000	-	0	0	0	-	-	-	-	-	0	0	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of a business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20,500	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-32,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred and other income taxes
3,900	6,500	3,900	1,900	2,500	-6,900	500	7,400	-1,300	-20,300	3,100	100	-3,900	-6,800	5,100	400	1,300	6,700	6,300	-5,600	-2,500	-37,200	10,600	5,800	-58,300	5,500	12,800	-5,400	94,900	-41,900	5,300	-1,600	1,700	-14,000	-20,800	-9,000	4,000	45,700	4,200	2,400	9,300	-	-	-	-
Depreciation and amortization
9,200	9,800	8,100	8,500	8,100	7,900	7,900	6,800	6,600	6,300	6,300	6,300	6,300	6,300	7,000	6,500	6,700	5,800	10,200	10,600	10,400	7,500	-24,300	29,800	27,600	-38,800	29,700	27,000	27,800	26,100	24,900	29,300	27,500	18,600	21,900	21,100	21,100	-1,000	27,000	28,100	27,800	-4,700	28,100	26,800	25,100
Pension and other employee benefits
2,200	12,600	2,500	2,300	2,800	8,600	1,300	1,500	2,300	6,600	800	3,300	4,200	12,900	3,300	4,700	3,900	12,300	11,600	5,300	6,000	86,200	4,600	7,300	24,800	-5,800	0	500	400	132,900	15,000	14,400	14,300	29,100	13,700	14,500	15,000	17,800	16,100	17,100	17,400	13,500	12,300	13,800	13,900
Long-term incentive compensation
3,500	3,500	3,300	3,300	3,500	3,100	4,300	4,200	3,900	5,400	3,600	3,600	3,200	3,500	4,100	3,400	2,700	3,400	5,500	4,000	21,000	2,900	500	4,600	24,700	-2,800	3,700	5,300	20,300	5,000	5,600	6,500	21,800	5,700	7,200	6,500	19,200	4,500	5,300	8,200	11,900	4,800	6,400	6,100	9,200
Other, net
-700	-1,100	-600	-300	-300	-800	-800	-400	-300	-1,800	-1,200	-100	-1,600	-3,000	1,200	400	-1,800	-3,800	1,500	0	-1,500	-1,700	-600	100	-200	-4,500	-500	-1,900	-1,800	2,400	-4,800	-5,000	-900	-3,800	-2,000	-4,100	900	-11,200	-1,300	-13,100	10,900	-33,300	2,900	-4,800	18,900
Changes in operating assets and liabilities, net of effects from acquisitions:
Accounts receivable and other assets
-23,800	19,100	-23,600	-23,500	-47,500	-32,700	-8,800	12,500	-23,600	84,600	24,700	27,900	-33,700	90,200	-19,900	-12,500	-21,400	-48,400	-36,000	76,400	14,900	-86,100	48,300	-35,300	22,400	53,600	-83,800	-13,800	19,500	21,500	20,500	87,800	84,100	-41,800	11,400	51,300	-6,200	-63,200	91,500	89,500	49,300	-191,700	-10,000	-48,000	-40,400
Inventories
22,700	-10,000	500	3,600	14,400	-11,300	1,400	1,200	3,600	-21,700	-3,100	7,100	13,200	-19,700	-6,300	-7,000	24,500	-26,200	12,200	-2,300	37,500	-22,600	-13,700	-3,200	50,400	-55,000	-26,400	27,000	57,900	-80,700	8,500	-20,700	34,600	-48,800	42,800	52,800	12,200	-17,500	12,300	-15,800	1,900	-89,700	10,900	-45,000	-11,300
Accounts payable, accrued expenses and other
-40,400	26,500	-18,400	-37,600	-32,200	200	-19,300	-24,300	-43,100	59,900	-9,300	14,400	-36,700	86,200	-49,600	-6,500	-70,300	-38,300	44,700	43,300	-61,000	-128,900	-19,800	-179,700	156,800	53,700	-67,800	-66,500	-129,500	-900	-30,900	-25,700	-118,500	-44,500	29,500	57,200	-85,900	-29,700	-19,200	7,700	-65,300	-184,500	100,000	-124,400	-186,200
Cash spending on restructuring actions
500	1,000	1,000	1,200	1,000	1,200	1,500	500	400	1,600	400	400	600	300	600	800	400	-900	2,200	2,600	1,200	-6,400	-5,000	6,600	9,300	-6,700	10,300	4,200	6,600	3,800	4,600	4,300	6,400	3,700	4,300	4,500	8,700	-2,600	5,300	6,500	10,700	3,200	15,200	14,000	17,800
Net cash from continuing operations
2,700	79,600	45,300	16,500	11,500	97,900	9,200	3,100	2,700	56,800	6,700	-15,400	5,400	57,000	2,400	36,900	-50,600	92,300	-22,600	-29,300	-116,400	-26,200	-202,500	-38,800	-58,600	-92,200	148,800	-247,600	-51,300	217,900	34,000	3,300	-187,200	99,800	85,800	39,700	-19,100	174,400	20,300	48,600	-25,200	197,200	208,800	61,900	-35,000
Net cash used in discontinued operations
-3,100	-800	-2,000	-600	-900	-600	-600	-700	-400	-500	-400	-2,000	-3,700	-12,600	-8,600	-14,100	-11,600	-16,800	8,200	38,500	7,600	165,600	241,500	-2,600	-2,000	355,000	3,800	3,900	-15,100	5,100	33,900	12,700	-49,900	101,600	24,900	7,000	-17,100	38,700	-300	-1,400	-1,500	28,500	1,500	12,400	-4,200
Net cash from (used in) operating activities
-400	78,800	43,300	15,900	10,600	97,300	8,600	2,400	2,300	56,300	6,300	-17,400	1,700	44,400	-6,200	22,800	-62,200	75,500	-14,400	9,200	-108,800	139,400	39,000	-41,400	-60,600	262,800	152,600	-243,700	-66,400	223,000	67,900	16,000	-237,100	201,400	110,700	46,700	-36,200	213,100	20,000	47,200	-26,700	225,700	210,300	74,300	-39,200
Cash flows from (used in) investing activities:
Proceeds (expenditures) related to company-owned life insurance policies, net
-	-	-	-	-	-	-	-	-	-	-	-300	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-800	600	100	-	-	-	100	-	-	-	-	-2,300	-100	1,300	1,500	-700	-7,400	-900	5,800	0	1,000	-2,100	-7,800
Proceeds from company-owned life insurance policies, net
1,100	-	3,500	1,900	500	-	0	0	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from sale of dry cooling business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,900	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquisitions, net of cash acquired
0	59,900	10,000	200	77,000	-1,800	0	166,300	16,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,800	0	0	30,500	739,400	700	0	7,400	-7,300	63,800	31,500	26,800	-	-	-	-
Proceeds from asset sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-7,100	5,500	575,700	-	-	-	-	8,900	1,500	400	8,100	-	-	-	-	7,300	200	1,800	300	-	-	-	-
Net proceeds from sales of assets
0	-	0	0	5,500	-	-600	10,100	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures
3,600	7,100	4,500	2,500	3,700	4,400	2,600	2,200	3,200	2,600	3,600	2,600	2,200	3,900	4,100	2,000	1,700	3,200	6,000	4,000	2,800	4,300	-8,600	12,300	11,300	-10,400	8,000	15,500	19,000	25,600	19,400	15,400	21,400	72,700	28,100	29,200	15,200	35,200	12,100	11,800	11,800	26,700	14,800	29,600	15,300
Net cash used in continuing operations
-2,500	-67,000	-11,200	-800	-74,700	-3,600	-2,900	-158,400	-19,300	-3,100	-3,000	-2,300	-2,200	4,200	-2,400	-1,900	44,200	-3,200	-6,000	-2,000	-2,800	-4,300	2,300	-7,400	564,300	-1,500	3,000	-16,700	-19,100	-20,500	-17,800	-13,200	-43,800	-809,000	-28,600	-30,300	-24,100	-19,900	-68,300	-40,600	-44,100	-157,400	-14,500	-25,900	-7,500
Net cash from discontinued operations
0	0	0	0	0	0	1,200	2,400	0	0	0	0	0	-28,600	0	-2,000	-300	-1,900	-17,200	-9,400	-11,700	-15,200	-12,800	62,200	38,300	-13,900	7,500	-5,700	-300	1,132,100	-4,000	-200	-1,900	-2,300	-1,900	-7,500	-40,600	-17,600	0	700	6,700	-1,100	-300	-100	18,600
Net cash used in investing activities
-2,500	-67,000	-11,200	-800	-74,700	-3,600	-1,700	-156,000	-19,300	-3,100	-3,000	-2,300	-2,200	-24,400	-2,400	-3,900	43,900	-5,100	-23,200	-11,400	-14,500	-19,500	-10,500	54,800	602,600	-15,400	10,500	-22,400	-19,400	1,111,600	-21,800	-13,400	-45,700	-811,300	-30,500	-37,800	-64,700	-37,500	-68,300	-39,900	-37,400	-158,500	-14,800	-26,000	11,100
Cash flows from (used in) financing activities:
Repurchase of senior notes (includes premiums paid of $30.6)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	530,600	-	-	-	-	-	-	-	-	0	0	21,300	28,200	-	-	-	-	-	-	-	-
Borrowings under senior credit facilities
178,700	461,400	30,800	12,300	89,300	42,000	28,400	129,000	0	358,200	30,400	16,000	0	0	-8,800	36,100	28,900	29,000	910,000	129,000	196,000	-	-	-	-	-	-	-	-	179,000	300,000	250,000	336,000	1,221,100	285,000	280,000	95,000	-10,000	63,000	9,000	102,000	210,500	-58,000	-25,000	297,000
Repayments under senior credit facilities
88,700	432,600	40,800	22,300	64,500	116,400	43,600	33,000	0	336,300	34,800	20,400	4,300	4,400	-4,400	45,800	19,200	29,000	913,800	105,200	119,000	-	-	-	-	-	-	-	-	640,000	314,000	200,000	267,900	390,000	320,000	245,000	95,000	86,000	629,500	31,700	78,300	186,400	115,800	18,800	182,000
Borrowings under trade receivables financing arrangement
55,000	38,000	10,000	5,000	40,000	63,000	28,000	32,000	0	-	-	-	-	28,000	24,000	0	20,000	2,000	59,000	25,000	70,000	-	-	-	-	0	0	25,000	10,000	0	29,300	25,000	73,000	22,000	10,000	14,000	72,000	55,000	25,000	0	10,000	11,000	15,000	37,000	75,000
Repayments under trade receivables financing arrangement
27,000	52,000	20,000	15,000	29,000	67,000	23,000	10,000	0	-	-	-	-	28,000	24,000	0	20,000	44,000	34,000	63,000	25,000	-	-	-	-	0	0	25,000	10,000	46,000	22,000	32,300	27,000	68,000	21,000	8,000	21,000	71,000	30,000	8,000	3,000	10,000	46,000	18,000	42,000
Net borrowings (repayments) under other financing arrangements
-700	-4,300	1,000	-100	2,800	-2,800	-900	-700	-400	-2,300	-5,100	-4,400	1,700	-3,000	-6,500	-7,000	6,400	7,700	3,400	2,700	-1,600	2,900	56,700	1,300	-53,900	6,100	-6,300	1,300	-4,700	-3,800	-8,700	2,100	1,800	1,300	-4,300	5,200	600	-	-1,100	200	-100	6,800	-5,600	-7,200	-11,100
Payment of contingent consideration
1,500	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74,500	139,900	140,100	134,300	11,200	0	117,600	131,400	170,600	0	31,800	43,200	-	-	-	-	-	-	-	-	0	0	0	113,200
Minimum withholdings paid on behalf of employees for net share settlements, net of proceeds from the exercise of employee stock options
2,800	-300	-600	-1,100	5,900	4,800	0	-200	3,200	200	-700	-700	2,500	0	0	-100	1,700	300	600	100	5,200	0	700	700	11,500	-300	2,000	8,800	5,700	-200	-500	-500	-4,100	-	-	-2,600	3,500	-9,000	-1,100	-1,400	8,000	-900	-5,900	0	5,600
Financing fees paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	400	-	-	-	-	0	0	0	200	-	-	-	-	400	11,600	0	1,000	-	-	-	-
Dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,300	200	15,300	15,100	15,500	15,700	16,900	11,700	11,200	11,300	11,600	600	25,100	13,200	12,600	12,700	12,700	12,600	12,600	15,500	14,600	12,600	12,700	12,400	12,900	12,200	12,100	13,100
Purchase of noncontrolling interest in subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-200	0	0	3,200
Net cash from continuing operations
113,000	-6,400	-18,400	-19,000	32,700	-86,000	-11,100	117,500	-3,600	-15,200	1,200	12,900	-5,100	-7,400	-10,900	-16,600	14,400	-51,400	-195,500	-26,900	100,100	-173,100	92,400	-19,400	-742,400	-23,300	-17,700	-136,700	-142,400	-706,300	-28,100	900	63,900	768,300	-62,500	3,700	4,400	-117,000	4,300	-41,800	9,200	20,100	-216,700	-44,100	1,800
Net cash from (used in) discontinued operations
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,700	-400	-3,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-500	0	0	200
Net cash from financing activities
113,000	-6,400	-18,400	-19,000	32,700	-86,000	-11,100	117,500	-3,600	-15,200	1,200	12,900	-5,100	-7,400	-10,900	-16,600	14,400	-51,400	-193,800	-27,300	96,900	-173,100	32,100	-19,400	-742,400	-38,600	-17,700	-136,700	-142,400	-706,300	-28,100	900	63,900	768,300	-62,500	3,700	4,400	-118,700	4,300	-41,800	9,200	19,600	-216,700	-44,100	2,000
Change in cash and equivalents due to changes in foreign currency exchange rates
-1,700	0	1,000	-500	1,600	-800	-600	-900	0	-900	-800	-2,400	-1,300	3,600	900	1,800	400	-100	-15,000	-4,700	-38,100	-21,100	-24,900	-13,800	-5,400	-7,700	-7,600	600	-800	9,500	800	-13,100	5,000	-3,600	-16,600	10,500	13,100	7,500	26,900	-21,500	-3,900	-2,000	24,800	-600	-18,900
Net change in cash and equivalents
108,400	5,400	14,700	-4,400	-29,800	6,900	-4,800	-37,000	-20,600	37,100	3,700	-9,200	-6,900	16,200	-18,600	4,100	-3,500	18,900	-246,400	-34,200	-64,500	-74,300	35,700	-19,800	-205,800	201,100	137,800	-402,200	-229,000	637,800	18,800	-9,600	-213,900	154,800	1,100	23,100	-83,400	64,400	-17,100	-56,000	-58,800	84,800	3,600	3,600	-45,000