TRIUMPH GROUP INC TGI Cash Flow

Triumph group inc (TGI)

CashFlow / TTM

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
Operating Activities
Net Income (Loss) Attributable to Parent
-152,669	-169,768	-227,145	-321,767	-426,985	-509,292	-499,994	-425,391	-247,385	-104,802	-64,617	-42,952	-999,783	-1,117,762	-1,090,958	-1,047,960	118,534	167,350	173,186	238,697	198,162	273,387	255,456	206,256	229,554	269,383	300,058	297,347	337,996	328,677	306,974	280,857	226,949	205,690	188,742	149,899	122,228	83,184	61,095	67,762	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
139,667	147,228	155,142	149,904	153,399	155,314	158,049	158,368	161,184	166,197	170,615	176,946	185,698	182,394	179,683	177,755	169,087	167,867	164,306	158,323	160,369	164,664	163,894	164,277	153,643	141,871	135,625	129,506	126,804	124,604	122,072	119,724	121,192	116,713	113,468	99,657	81,089	67,922	55,998	54,418	0	0	0
Amortization of Acquired Contract Liabilities
74,698	72,832	67,019	67,314	82,055	101,815	112,909	125,148	123,835	118,550	121,128	121,004	121,466	126,686	126,614	132,363	136,329	117,403	101,864	75,733	47,588	46,346	40,446	42,629	40,243	32,204	29,801	25,644	27,954	26,729	25,937	26,684	28,893	33,143	36,095	29,214	0	0	0	-	-	-	-
(Gain) Loss on Disposition of Business
-272,654	-212,635	-233,718	-235,301	-28,207	-28,207	-35,460	-30,741	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,577	1,652	3,231	3,378	1,946	2,012	572	560	548	537	525	1,593	4,529	6,718	8,418	9,014	7,609	6,907	6,665	6,366	6,196	0	0	0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amortization included in interest expense
11,073	10,873	8,841	8,770	8,697	8,710	10,301	11,677	11,274	10,796	7,532	5,553	5,050	4,535	4,219	3,904	3,877	3,825	3,781	8,135	8,152	10,814	10,961	6,702	6,683	3,970	3,757	3,638	3,538	3,464	3,485	9,601	9,898	10,226	10,513	4,205	3,672	3,038	2,322	1,951	0	0	0
Provision for doubtful accounts receivable
-485	433	190	-495	745	538	107	-242	-177	-142	46	202	370	524	2,083	1,996	1,659	1,475	-82	172	752	897	1,473	2,191	1,792	1,608	1,638	1,974	2,392	2,286	1,915	1,282	565	665	675	152	715	544	525	773	0	0	0
Provision for deferred income taxes
169	7,220	-4,632	-7,939	-18,676	-42,686	-42,048	-43,108	-33,655	-6,839	3,424	9,480	-102,286	-144,110	-133,769	-118,302	38,871	46,675	54,634	105,277	90,358	139,466	132,051	102,869	133,749	159,406	184,231	186,767	191,543	184,859	171,703	153,453	117,063	140,455	107,806	82,083	67,511	4,396	6,819	7,524	0	0	0
Employee stock-based compensation
9,995	9,821	10,223	10,259	10,321	10,259	10,452	7,949	7,919	7,364	5,925	7,922	6,889	4,643	3,821	2,657	1,972	1,206	1,068	1,272	2,166	4,446	4,321	4,653	5,208	5,468	6,163	6,367	6,090	5,753	5,322	4,988	4,936	4,537	4,179	3,622	3,150	3,008	2,981	3,220	0	0	0
Changes in assets and liabilities, excluding the effects of acquisitions and dispositions of businesses:
Trade and other receivables
26,119	55,570	76,079	89,728	64,443	63,908	17,642	99,620	10,880	30,703	-8,750	-118,543	-143,447	-212,840	-162,088	-73,083	28,380	19,383	-120,878	-69,500	-94,467	4,644	173,430	46,378	110,268	720	8,367	-24,718	-35,172	29,636	-5,479	82,062	91,294	89,136	62,619	15,875	-33,733	-29,158	-12,411	6,172	0	0	0
Contract assets
-111,998	-92,992	-91,179	-65,191	15,198	-21,401	4,635	5,484	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
22,131	7,756	41,720	15,930	70,890	184,129	312,493	163,417	103,354	61,561	30,821	272,653	-337,019	-327,524	-336,518	-293,517	366,024	151,712	74,933	-42,383	-55,351	87,243	71,046	94,341	128,797	153,907	161,898	140,025	101,037	84,322	137,338	47,487	48,981	46,370	-29,823	21,045	18,125	-23,274	-19,797	-30,192	0	0	0
Rotable assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,258	5,342	10,082	6,813	2,192	460	-4,253	-1,683	2,368	3,508	4,379	8,206	6,497	6,580	5,107	1,021	1,035	-491	-64	-65	0	0	0
Prepaid expenses and other current assets
-6,556	-7,147	-5,679	3,144	1,248	1,246	1,092	4,239	5,496	2,320	2,589	-11,756	-7,361	-4,597	-3,565	6,958	358	-3,630	-3,774	-1,589	-1,154	1,548	1,243	406	1,459	-10,281	-4,219	-752	349	3,381	5,487	4,821	-11,083	-9,862	-13,381	-13,411	-362	3,723	605	3,822	0	0	0
Accounts payable, accrued expenses and other current liabilities
-142,846	-91,419	-130,534	-71,767	-63,127	100,962	152,563	-43,696	229,584	51,211	86,061	211,560	74,468	4,999	30,879	53,914	72,597	47,082	164,440	95,167	-27,219	17,203	-79,376	-60,209	-58,594	-63,442	-95,339	-57,861	-64,363	-18,475	-13,990	17,604	42,867	-94,939	2,255	-27,131	-66,308	54,271	-31,489	-15,742	0	0	0
Accrued pension and other postretirement benefits
-71,454	-75,004	-77,012	-79,911	-76,246	-79,436	-85,948	-88,464	-94,567	-97,120	-96,661	-100,012	-99,724	-96,951	-92,126	-87,559	-133,157	-130,047	-137,924	-180,569	-125,544	-120,960	-126,107	-100,929	-98,856	-139,624	-146,842	-142,975	-153,602	-144,736	-152,856	-157,111	0	0	0	-	-	-	-	-	-	-	-
Changes in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	315	-241	-86	-100	-686	-7	-609	-16,500	-17,207	-21,773	0	0	0
Other
-6,615	-6,507	-11,449	-10,118	86	-2,120	7,096	8,325	6,645	15,266	3,173	2,894	11,290	493	1,425	2,938	-6,078	-5,186	4,697	-1,542	-4,178	-739	-233	3,218	7,199	4,632	1,389	358	-3,658	-3,941	-3,310	-2,273	1,775	1,044	6,816	-284	-4,625	-1,546	-7,236	-1,549	0	0	0
Net Cash Provided by (Used in) Operating Activities
57,984	12,166	-103,688	-174,420	-283,731	-187,008	-255,560	-288,894	255,894	113,693	266,509	281,522	85,931	131,082	148,218	83,863	-17,351	30,462	370,994	467,332	411,757	349,930	71,203	135,137	123,637	231,625	230,253	320,918	314,887	299,586	239,077	227,781	171,077	85,706	210,890	142,304	157,944	214,098	159,829	169,648	0	0	0
Investing Activities
Payments to Acquire Machinery and Equipment
39,525	39,840	42,989	47,099	44,942	43,529	42,165	42,050	50,641	50,640	51,194	51,832	49,807	65,886	74,754	80,047	88,197	89,058	104,943	110,004	129,787	146,223	173,262	206,414	199,031	184,962	146,014	126,890	124,714	121,013	115,410	93,969	80,245	82,946	88,749	90,025	78,590	58,848	41,532	31,665	0	0	0
Payments for (Proceeds from) Businesses and Interests in Affiliates
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reimbursement Revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,086	-11,638	-8,165	-8,018	-5,156	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of assets
-	-	-	-	-	-	0	-	0	0	86,590	-	27,418	14,552	6,463	6,069	3,136	3,536	3,070	3,167	35,141	34,526	35,377	45,047	14,826	15,246	14,314	3,993	1,175	1,768	5,990	8,758	8,757	10,531	6,771	4,213	4,065	1,234	733	615	0	0	0
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-9	87	48,056	48,056	54,051	53,756	-106,196	-93,196	-38,281	-38,082	137,028	124,028	94,456	303,106	380,961	380,961	349,632	140,736	7,254	-12,751	-11,951	-11,705	-19,205	800	333,228	358,346	358,896	363,751	31,493	0	0	0
Net cash used in investing activities
216,661	166,196	201,424	200,548	8,327	9,890	37,412	38,214	80,773	93,385	35,396	34,364	-22,476	-99,390	-116,347	-128,029	-138,717	20,774	-8,024	-67,903	-56,011	-244,123	-255,696	-246,737	-475,673	-542,512	-504,643	-467,373	-258,463	-121,263	-93,225	-69,823	-59,554	-52,981	-82,778	-419,040	-432,871	-416,510	-404,550	-62,543	0	0	0
Financing Activities
Line of Credit Facility, Increase (Decrease), Net
330,953	265,275	41,073	-102,113	-280,954	-215,268	-77,113	-82,888	406,121	275,003	165,130	110,000	-62,417	-78,046	-69,294	8,256	-181,691	-51,523	209,143	46,150	62,296	19,628	-204,156	-98,557	43,262	-44,164	-5,110	224,151	35,291	153,317	110,021	-235,000	-248,287	-488,753	-269,695	-85,000	-104,575	182,146	30,000	127,730	0	0	0
Proceeds from issuance of long-term debt and capital leases
580,580	575,900	41,154	54,600	57,743	58,143	563,289	544,243	0	0	0	-	-	-	-	134,797	246,345	274,297	284,387	508,960	409,670	745,375	749,508	451,003	885,914	505,624	493,536	528,135	94,919	103,552	101,852	92,253	125,401	159,800	155,400	846,105	810,156	932,634	927,609	186,930	0	0	0
Proceeds from equipment leasing facility and other capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Repayment of Long-term Debt, Long-term Lease Obligation, and Capital Security
473,611	470,049	90,235	113,425	91,123	89,150	407,867	387,373	417,661	427,356	130,423	144,144	109,206	110,544	111,880	80,917	181,431	272,724	281,663	655,860	548,360	695,762	681,682	416,645	483,794	234,711	225,479	142,338	106,051	122,690	130,792	484,538	476,194	1,826,073	546,254	745,852	719,464	-657,497	607,082	13,811	0	0	0
Payments of Financing Costs
17,586	16,335	2,022	1,982	1,941	2,531	10,633	17,729	17,751	20,075	10,505	14,034	14,026	11,121	10,803	185	799	1,117	1,364	6,487	5,869	8,338	8,134	3,297	9,813	7,066	7,129	8,838	2,384	2,340	2,195	3,999	3,949	49,356	4,489	22,790	22,835	-18,244	30,509	8,344	0	0	0
Payments for Repurchase of Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	184,380	-95,500	-73,884	-31,909	19,134	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Dividends
8,001	7,991	7,981	7,971	7,962	7,954	7,947	7,943	7,939	7,935	7,930	7,927	7,917	7,908	7,899	7,889	7,894	7,953	8,015	8,100	8,220	8,285	8,331	8,344	8,250	8,157	8,077	8,005	7,980	7,953	7,915	6,899	5,889	8,153	3,887	3,574	3,271	-303	2,667	2,666	0	0	0
Repayment of governmental grant
-	-	-	-	-	-	-	-	-	-	-	-14,570	-14,570	-19,570	-12,203	-5,000	-5,000	0	-82	-3,198	2	158	258	3,456	-1,834	-1,990	-2,090	-1,090	-1,180	-1,180	-1,180	-2,180	0	0	0	-	-	-	-	-	-	-	-
Payment, Tax Withholding, Share-based Payment Arrangement
1,394	1,360	1,371	860	759	697	719	483	369	334	307	182	182	182	171	96	96	96	96	673	673	673	673	2,726	2,726	2,726	2,726	1,840	1,841	1,841	1,967	609	608	4,330	540	1,861	1,861	-1,861	1,803	470	0	0	0
Proceeds from exercise of stock options, including excess tax benefit of $4,628, $1,880, and $150 in 2013, 2012, and 2011
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	720	388	505	576	329	5,071	6,676	6,622	6,766	3,798	4,317	4,330	4,721	3,191	2,691	3,033	3,034	3,138	1,565	1,193	1,367	0	0	0
Net cash (used in) provided by financing activities
-250,965	-185,110	-101,528	32,475	236,912	173,079	213,236	213,603	-306,842	-208,203	-297,180	-266,457	-67,683	-32,079	-37,797	32,454	163,402	-47,068	-348,949	-395,168	-349,126	-98,800	185,501	103,199	341,306	301,814	259,767	148,639	-56,010	-181,452	-147,888	-166,251	-111,456	-55,293	-128,737	158,367	156,496	232,946	250,072	35,276	0	0	0
Effect of exchange rate changes on cash
1,250	-1,627	-336	-1,615	2,768	3,597	999	3,263	-898	-1,421	944	-780	-2,001	-2,487	-2,446	79	175	1,555	185	-642	2,146	3,916	5,928	5,362	2,693	865	1,156	191	356	-970	-2,393	-1,373	-648	-93	1,344	479	-590	-96	-499	359	0	0	0
Cash and Cash Equivalents, Period Increase (Decrease)
24,930	-8,375	-4,128	56,988	-35,724	-442	-3,913	-33,814	28,927	-2,546	5,669	48,649	-6,229	-2,874	-8,372	-11,633	7,509	5,723	14,206	3,619	8,766	10,923	6,936	-3,039	-8,037	-8,208	-13,467	2,375	770	-4,099	-4,429	-9,666	-581	-22,661	719	-117,890	-119,021	30,438	4,852	142,740	0	0	0