Steel dynamics, inc (STLD)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09Sep'08Jun'08
Operating activities:
Net income

663,909

677,900

824,033

1,069,331

1,235,157

1,255,805

1,289,124

1,042,230

832,605

805,796

506,457

509,858

497,354

360,006

99,858

4,312

-110,806

-145,170

15,100

43,890

84,906

91,650

235,597

199,030

155,962

163,516

170,709

125,724

141,756

142,281

112,966

146,718

203,239

265,692

243,971

219,469

170,440

129,599

194,271

162,395

0

0

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

321,167

321,082

321,115

323,028

321,237

317,198

311,569

305,396

300,077

298,999

297,207

296,187

297,181

296,109

296,259

296,280

295,758

294,595

302,665

294,411

278,579

263,325

240,805

233,050

231,435

230,928

227,278

228,029

226,705

225,216

225,669

222,678

223,433

222,607

222,715

224,031

223,172

224,698

220,863

221,350

0

0

0

0

0

Asset impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity-based compensation

50,167

47,631

47,686

46,823

45,784

43,317

40,499

39,396

37,735

36,197

32,498

31,569

32,425

31,656

33,665

33,051

32,172

30,181

28,695

28,467

26,810

24,035

21,464

18,875

16,519

15,504

12,630

10,853

11,111

12,481

15,391

18,486

19,696

17,283

16,319

16,112

15,629

14,688

12,611

12,298

0

0

0

0

0

Deferred income taxes

45,557

51,721

51,342

63,930

64,373

61,827

-108,311

-128,926

-134,070

-135,899

17,816

33,010

44,475

53,846

-91,658

-97,006

-98,953

-99,323

28,960

12,413

-4,234

-25,042

-8,659

4,619

15,711

30,737

31,672

56,444

56,266

54,528

59,819

32,304

30,698

34,436

53,558

49,175

50,564

46,097

29,961

33,023

0

0

0

0

0

Other adjustments

421

1,413

-2,394

-966

-547

-1,245

6,210

14,100

14,202

14,068

27,355

19,314

20,392

20,676

27,900

27,084

25,051

19,886

5,015

6,332

3,874

6,218

-5,573

-7,974

-5,106

-1,082

-2,018

-127

135

-509

8,287

4,434

4,621

3,925

-3,682

195

-216

-1,215

-1,054

-755

0

0

0

0

0

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Changes in certain assets and liabilities:
Accounts receivable

-144,795

-237,805

-279,629

-145,972

88,117

145,873

276,128

264,227

104,508

139,054

150,040

84,533

184,385

106,617

-39,196

-46,173

-102,622

-311,302

-277,796

-272,390

-219,843

2,191

105,418

136,119

56,249

78,237

60,137

57,701

-35,859

-85,977

-108,681

-139,524

-100,326

100,602

161,698

222,051

235,164

196,556

345,979

324,456

0

0

0

0

0

Inventories

-222,902

-217,866

-134,584

-29,220

126,033

246,213

272,065

269,465

236,775

242,883

224,962

233,690

284,961

115,575

-68,254

-135,504

-405,571

-488,003

-365,052

-401,027

-251,083

-68,730

97,297

148,157

157,727

108,025

-17,503

-84,156

-101,283

-13,845

34,034

40,693

68,506

85,523

150,541

177,172

285,159

261,110

251,418

165,837

0

0

0

0

0

Other assets

-11,893

-13,735

-11,321

-4,853

3,069

3,475

1,148

4,247

-1,803

-4,002

1,825

-8,397

-13,590

-12,044

-2,611

1,183

4,410

450

-8,425

-6,597

444

-2,407

-8,067

-11,268

-17,706

-13,705

-11,991

-6,234

942

1,337

6,560

-2,556

-5,264

-5,683

-2,992

1,049

12,893

15,335

-29,054

-49,319

0

0

0

0

0

Accounts payable

-38,055

-86,445

-116,631

-132,625

-25,222

37,904

63,179

122,949

28,585

96,062

122,552

28,494

127,671

106,521

17,203

3,617

12,620

-227,092

-231,332

-158,885

-208,235

-76,141

15,838

65,949

6,194

40,141

38,841

-14,040

-28,507

-32,593

-55,014

-66,309

-2,722

56,551

80,655

72,584

47,127

71,169

213,674

212,327

0

0

0

0

0

Income taxes receivable/payable

-9,560

-12,095

-9,228

-46,648

12,359

26,471

15,722

33,920

-66,246

-33,889

-49,078

-43,570

68,405

-13,921

24,357

51,666

10,434

12,706

-15,268

-27,094

-25,214

-22,086

19,969

28,261

9,921

-12,494

-5,245

4,394

1,230

21,644

20,750

-11,154

-1,805

26,242

15,307

30,047

107,582

99,276

108,810

70,246

0

0

0

0

0

Accrued expenses

12,822

-74,323

-63,168

-48,391

-16,835

69,753

47,883

30,822

3,517

36,021

43,873

27,325

37,176

75,176

57,821

42,674

21,357

-59,513

-8,984

-15,944

-1,478

37,319

28,536

13,767

10,332

15,010

4,072

-66,682

-98,893

-85,107

-113,928

-1,232

-1,163

47,911

40,426

23,392

6,183

42,761

105,294

29,021

0

0

0

0

0

Net cash provided by operating activities

1,426,018

1,396,290

1,478,289

1,454,527

1,419,087

1,415,469

1,116,534

921,948

676,925

739,420

754,692

725,200

802,162

852,760

990,690

958,706

1,109,946

1,053,625

1,038,530

1,123,376

890,178

628,224

364,475

298,517

255,218

312,175

451,996

386,096

453,983

445,694

333,347

438,444

503,839

486,355

380,191

247,148

100,502

169,307

318,195

300,441

0

0

0

0

0

Investing activities:
Purchases of property, plant and equipment

615,044

451,945

356,600

273,137

243,220

239,390

213,666

185,793

173,864

164,935

202,738

219,717

212,129

198,160

151,211

121,723

108,858

114,501

115,337

109,582

120,295

111,785

123,005

150,636

166,338

186,843

211,583

217,763

223,316

223,525

233,898

213,682

193,869

167,007

129,321

115,419

121,403

133,394

191,530

240,472

0

0

0

0

0

Purchases of short-term investments

495,841

396,159

277,809

277,925

278,460

268,783

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of short-term investments

450,371

362,768

303,279

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business, net of cash and restricted cash acquired

-

97,106

134,695

527,410

0

-

0

0

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Sales of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Investment in direct financing lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Other investing activities

-5,910

-5,756

-9,468

-7,298

-7,042

-6,907

-3,098

-3,603

-5,333

-32,022

-33,237

-33,663

-32,482

-8,618

-16,457

-18,665

-18,265

-16,874

-5,994

-5,238

-6,746

-33,967

-994

1,121

2,572

-2,478

-14,786

-14,597

-14,412

21,386

-13,523

-13,815

-15,279

-16,000

16,155

16,166

17,331

15,684

440

8,666

0

0

0

0

0

Net cash used in investing activities

-658,298

-576,686

-398,768

-420,994

-897,311

-895,264

-760,240

-674,791

-214,723

-139,105

-189,305

-309,405

-302,998

-312,893

-243,819

-148,058

-135,593

-142,627

-176,329

-1,773,793

-1,782,998

-1,747,267

-1,737,954

-120,237

-137,390

-152,845

-208,469

-204,840

-155,594

-191,601

-240,223

-229,713

-263,420

-235,837

-145,476

-131,585

-138,734

-149,078

-219,937

-277,105

0

0

0

0

0

Financing activities:
Issuance of current and long-term debt

1,668,989

1,573,962

492,623

474,434

473,783

445,607

777,885

719,077

0

-

0

0

-

473,903

125,915

181,003

178,289

207,930

499,234

1,825,732

1,828,736

1,822,096

1,507,041

122,070

58,157

423,965

418,819

1,169,293

1,169,261

1,049,969

1,044,095

294,946

294,946

10,103

550

15,127

17,129

556,553

812,566

1,258,823

0

0

0

0

0

Repayment of current and long-term debt

1,384,638

1,264,152

478,463

473,514

457,728

455,491

624,737

804,611

721,519

609,914

965,079

680,165

726,190

728,993

159,749

223,170

202,705

625,924

925,815

990,928

1,006,783

635,578

277,069

142,633

268,533

517,978

518,740

1,461,501

1,281,085

1,258,842

1,252,021

305,268

283,863

7,740

-1,068

-1,027

2,958

346,963

607,171

1,448,806

0

0

0

0

0

Distributions to noncontrolling investors, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

11,600

16,927

22,819

17,860

17,988

29,033

28,864

37,959

45,125

40,125

36,478

27,389

15,012

6,303

0

-

0

0

-

-

-

-

-

Dividends paid

209,542

200,300

192,247

183,577

174,342

168,900

161,909

155,008

148,267

145,600

142,965

139,909

136,472

135,767

134,927

134,085

133,228

127,569

121,923

116,197

108,630

105,379

102,085

98,803

97,375

94,812

92,387

90,028

87,698

87,633

87,579

87,529

87,451

81,882

76,289

70,684

65,087

64,969

64,803

66,756

0

0

0

0

0

Debt issuance cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

6,195

6,280

17,905

17,707

13,901

20,697

0

0

-

0

-

-

6,707

6,928

20,226

0

0

0

0

0

Proceeds from exercise of stock options, including related tax effect

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,781

16,571

27,845

31,155

32,307

41,989

38,338

32,799

37,508

20,157

12,815

10,179

3,662

2,150

1,969

6,197

13,396

19,277

20,441

18,856

14,014

14,649

425,630

0

0

0

0

0

Purchases of treasury stock

370,829

348,608

622,584

582,599

538,608

523,569

208,467

232,587

260,255

252,242

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Other financing activities

-27,993

-27,561

-17,436

-15,909

-19,041

-18,501

-25,615

-30,447

-27,303

-25,655

-23,333

-17,496

-13,816

-9,534

5,418

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-323,984

-266,630

-818,120

-781,178

-715,949

-720,867

-574,430

-436,181

-444,210

-413,335

-515,232

-559,644

-509,317

-425,425

-169,172

-177,383

-158,384

-545,329

-548,002

712,328

710,883

1,085,250

1,163,014

-64,543

-252,770

-140,091

-160,591

-358,441

-178,337

-268,937

-262,698

-65,484

-43,420

-46,270

-48,139

-29,465

-26,464

157,276

152,729

151,276

0

0

0

0

0

Decrease in cash, cash equivalents, and restricted cash

443,736

552,974

261,401

252,355

-194,173

-200,662

-218,136

-189,024

17,992

186,980

50,155

-143,849

-10,153

114,442

577,699

633,265

815,969

365,669

314,199

61,911

-181,937

-33,793

-210,465

113,737

-134,942

19,239

82,936

-177,185

120,052

-14,844

-169,574

143,247

196,999

204,248

186,576

86,098

-64,696

177,505

250,987

174,612

0

0

0

0

0

Supplemental disclosure information:
Cash paid for interest

134,729

134,550

125,238

124,766

124,011

124,034

125,724

130,611

131,361

135,381

133,229

145,924

137,042

150,679

142,450

142,926

146,382

160,190

129,132

142,453

114,741

114,310

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

Cash paid for income taxes, net

154,204

155,525

205,826

295,834

291,313

288,429

248,452

221,773

293,894

296,493

302,619

285,356

160,805

159,950

104,547

29,859

9,340

-9,898

23,782

63,877

99,839

120,521

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0