SUNCOKE ENERGY, INC. SXC Cash Flow

Suncoke energy, inc. (SXC)

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
Cash Flows from Operating Activities:
Net income
5,900	-800	-163,100	3,300	12,200	5,500	17,100	11,400	13,000	173,900	18,800	-31,500	-57,700	31,500	14,400	1,000	12,600	32,900	-16,500	-6,500	400	-55,800	6,400	-48,600	-3,800	18,700	12,300	12,700	6,400	29,000	32,900	24,000	16,600	7,500	21,600	24,100	5,700
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,000	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense
34,100	34,000	35,600	37,000	37,200	41,300	35,400	32,000	32,900	31,000	30,600	33,300	33,300	31,800	25,600	28,600	28,200	33,300	25,600	26,400	23,800	25,900	22,800	33,200	24,400	38,500	10,200	23,400	23,900	7,500	18,900	20,200	18,400	16,000	14,700	14,700	13,000
Deferred income tax expense (benefit)
11,100	1,100	-66,000	2,200	-400	600	-4,300	100	200	-157,600	-9,400	14,000	65,800	-1,400	900	400	3,200	-12,500	8,000	-4,200	3,100	-6,400	11,900	-68,100	-1,800	-3,600	1,800	800	2,600	-8,800	29,200	5,600	4,400	9,400	9,500	700	4,400
Payments in excess of expense for postretirement plan benefits
500	400	400	500	600	600	700	500	600	200	400	500	700	600	800	600	600	1,600	900	800	4,700	-3,400	1,400	1,700	900	3,700	700	500	400	3,400	7,200	-1,300	300	-	500	-100	-100
Payments (in excess of) less than expense for retirement plans
500	400	400	500	600	600	700	500	600	200	400	500	700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,200	-1,300	300	-	500	-100	-100
Share-based compensation expense
1,100	1,200	1,200	1,200	900	900	600	800	800	700	1,100	1,400	1,600	1,500	1,600	1,700	1,700	1,400	1,600	2,700	1,500	2,200	2,300	3,000	2,300	2,100	1,900	2,200	1,400	1,600	1,600	1,500	2,000	-	-	-	-
Excess tax benefit from share-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	0	200	0	0	0	0	-	-	-	-	-	-	-	-
Gain on extinguishment of debt
2,900	0	1,500	0	0	0	0	0	-300	0	-100	-20,200	-100	100	1,000	3,500	20,400	8,900	0	0	-9,400	0	0	-15,400	0	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,700	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-20,200	-700	-700	-32,000	-1,500	-900	-600	300	-2,300	-200	0	-	-	-	-	-	-	-	-
Loss on firm purchase commitment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	18,500
Changes in working capital pertaining to operating activities:
Receivables
-4,100	-3,200	-36,200	12,600	10,900	-100	-5,000	5,200	6,800	-1,700	4,900	3,100	1,500	6,600	5,900	-23,200	7,000	-10,800	13,500	-4,800	-16,700	8,800	-900	-13,900	-7,300	25,700	2,900	-37,500	27,000	-19,200	37,600	-24,800	12,100	14,100	-19,600	6,000	17,800
Inventories
3,100	-10,000	-18,700	25,000	40,300	-7,600	1,600	6,300	-900	-10,700	5,300	5,300	18,600	-5,300	-8,600	-1,300	-14,200	-2,500	15,300	-24,500	-11,500	-4,200	11,700	16,000	-10,900	700	-8,400	-2,600	-18,900	-30,800	-17,300	9,200	-18,900	-2,700	78,300	27,800	6,700
Accounts payable
-22,800	17,500	-17,000	-6,900	29,900	-31,300	13,800	2,800	14,000	-21,200	17,300	-10,800	26,400	2,700	2,000	300	-5,800	-7,500	15,000	-11,900	-13,500	4,600	-5,100	-18,900	-13,600	22,200	-8,600	-12,600	19,000	-8,300	-33,600	7,900	-35,200	5,900	56,200	-12,700	7,600
Prepaid coke inventory for firm purchase commitment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,000
Accrued liabilities
-5,300	1,600	-1,500	100	100	0	1,700	-300	-8,700	1,300	7,500	2,700	-8,900	100	-300	6,800	200	-3,400	-2,000	-2,200	-16,700	8,400	800	2,800	-20,000	4,200	-12,700	5,200	-21,400	800	4,500	9,300	-3,600	-	-	-	-
Deferred revenue
-	-	-	-	-	400	-600	-400	1,900	-14,900	4,600	6,400	3,100	-25,100	7,300	9,000	9,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest payable
11,900	-12,200	10,500	-12,900	13,200	-13,100	12,600	-13,000	11,700	-12,200	11,000	-100	-9,500	9,400	-10,000	9,500	-11,600	9,800	-12,700	13,100	-11,200	11,900	-6,900	7,100	-10,400	10,400	-10,600	10,400	-7,700	7,600	-7,500	7,800	-8,100	-	-	-	-
Income taxes
1,600	-900	-100	4,400	-1,900	-2,400	-2,100	-600	600	-4,200	-7,500	10,800	1,100	-2,600	-2,500	-2,500	600	600	4,100	-1,900	2,800	2,700	6,400	-8,900	-1,200	3,000	1,300	7,200	-1,300	41,200	-23,400	-500	300	-21,900	-1,700	-1,000	3,300
Other
-5,200	7,100	-3,900	8,300	-7,900	1,400	4,200	600	-1,700	2,800	-4,600	9,000	-2,800	1,900	-300	7,900	-4,600	7,400	-100	3,900	-7,100	100	1,600	900	-6,700	5,100	500	1,500	-4,200	3,400	-4,000	-2,300	-5,000	-2,100	200	100	-3,500
Net cash provided by operating activities
26,800	61,400	84,900	300	35,300	15,200	85,300	28,000	57,300	20,200	73,900	24,900	29,500	53,000	44,600	92,100	29,400	58,100	6,400	65,500	11,100	53,900	33,100	30,000	-4,700	50,500	11,800	76,200	12,800	66,200	-8,900	89,800	-3,100	42,600	42,300	9,000	7,400
Cash Flows from Investing Activities:
Capital expenditures
22,800	28,600	28,400	32,200	20,900	29,600	27,100	28,200	15,400	26,000	27,200	9,700	12,700	20,800	12,700	16,400	13,800	26,500	26,800	14,200	8,300	18,000	29,400	40,300	37,500	58,400	25,800	30,900	30,500	13,600	19,900	11,200	9,500	53,900	56,200	68,500	59,500
Return of Brazilian investment
-	-	-	-	-	-	-	-	-	41,000	0	0	-20,500	-20,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,600	-8,000	-7,900	-3,800	21,500	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of businesses, net of cash received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	84,700	-39,100	0	67,700	0	0	0	0	-37,600	100	1,800	35,700
Other investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,500	-600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-22,800	-28,500	-28,400	-32,000	-20,900	-29,400	-27,100	-23,900	-15,400	-26,000	-27,200	-9,700	7,800	-17,800	-11,800	-19,000	-5,300	-21,300	-241,400	-14,200	-8,300	-18,000	-29,400	-40,300	-37,500	-143,100	-54,400	-30,900	-98,200	-13,600	-19,900	-11,200	-9,500	-53,900	-56,300	-70,300	-95,200
Cash Flows from Financing Activities:
Proceeds from issuance of common units of SunCoke Energy Partners, L.P., net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-200	238,000	0	0	0	0	-	-	-	-
Proceeds from issuance of long-term debt
-	-	-	-	-	0	0	0	45,000	73,100	0	620,600	0	-	-	-	-	50,000	0	0	210,800	0	0	268,100	0	0	0	0	150,000	-	0	0	0	-	-	-	-
Repayment of long-term debt
8,900	0	89,900	300	300	300	200	300	44,900	0	112,700	531,900	300	5,300	13,800	14,100	32,900	98,300	300	0	149,500	0	5,000	271,500	0	0	0	0	225,000	800	800	900	800	-	-	-	-
Payments of Debt Issuance Costs
-	-	-	-	-	0	0	0	500	800	1,000	15,000	600	0	200	0	0	900	0	600	4,200	0	0	5,800	0	0	900	0	6,000	0	0	0	0	-	-	-	-
Proceeds from revolving credit facility
247,200	16,000	217,000	114,900	60,700	52,300	34,700	39,000	53,500	82,000	140,000	118,000	10,000	8,000	0	0	20,000	107,400	185,000	0	0	0	0	24,000	16,000	40,000	0	0	0	-	-	-	-	-	-	-	-
Repayment of revolving credit facility
90,500	16,000	173,700	114,900	65,700	52,300	59,700	39,000	53,500	152,000	40,000	190,000	10,000	13,000	25,000	40,400	20,000	50,000	0	0	0	0	8,000	56,000	16,000	0	0	0	0	-	-	-	-	-	-	-	-
Repayment of financing obligation
700	800	700	700	700	700	600	700	600	700	600	600	600	500	500	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash distributions to noncontrolling interests
-	-	-	-	-	7,100	7,100	7,100	10,600	11,000	11,400	12,200	12,400	12,500	12,200	12,400	12,300	12,300	12,300	9,600	9,100	8,900	8,600	8,400	6,400	5,800	5,700	4,100	2,200	2,300	0	0	0	400	0	0	1,200
Net increase (decrease) in cash and cash equivalents from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-48,200	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Discontinued Operations:
Cash flows from discontinued operations - operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,600	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from discontinued operations - investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-600	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,200	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of additional interest in the Partnership
-	-	-	-	-	0	0	800	3,400	15,100	9,000	24,600	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares repurchased
7,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	15,700	0	20,000	0	75,000	10,100	0	0	8,500	0	2,400	300	4,700	3,000	1,400	-	-	-	-
Proceeds from exercise of stock options, net of shares withheld for taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	-500	-	1,400	300	200	1,600	0	0	900	0	2,100	1,700	900	-	-	-	-
Excess tax benefit from share-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	0	200	0	0	0	0	-	-	-	-	-	-	-	-
Dividends paid
5,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	9,600	9,600	4,900	3,900	3,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash distribution to noncontrolling interests
0	-	-	-	7,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-400	-400	-2,500	-1,900	-3,100	-400	100	800	-100	1,400	0	0	-300	-900	0	0	-500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in advances from affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-557,500	80,200	64,500
Repayments of notes payable assumed in acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,300
Increase in payable to affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	7,000	600	-2,300
Net cash provided by (used in) financing activities
134,700	-29,500	-65,000	-10,000	-16,200	-8,500	-32,800	-8,100	-15,100	-23,100	-34,700	-35,700	-14,200	-24,200	-35,500	-66,900	-45,700	-16,600	136,500	-15,000	23,600	-11,700	-93,300	29,300	-6,000	35,800	-15,100	-4,300	153,300	-3,400	-3,400	-2,200	-1,300	27,900	94,400	80,800	58,700
Net (decrease) increase in cash and cash equivalents
138,700	3,400	-8,500	-41,700	-1,800	-22,700	25,400	-4,000	26,800	-28,900	12,000	-20,500	23,100	11,000	-2,700	6,200	-21,600	20,200	-98,500	36,300	26,400	24,200	-89,600	26,200	-55,400	-35,200	-79,300	41,000	67,900	81,400	-32,200	76,400	-13,900	16,600	80,400	19,500	-29,100
Supplemental Disclosure of Cash Flow Information
Interest paid, net of capitalized interest of zero and $1.2 million, respectively
1,600	25,900	4,300	27,100	900	27,200	1,900	27,500	3,000	26,200	4,500	14,600	22,600	-800	23,400	4,400	26,400	5,700	27,400	0	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes paid
900	700	2,300	5,500	1,000	300	-1,000	2,100	2,300	2,300	400	1,600	1,500	800	-900	-3,000	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-