TreeHouse Foods, Inc. THS Cash Flow

Treehouse foods, inc. (THS)

CashFlow / TTM

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
Cash flows from operating activities:
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
-365,300	-361,000	-390,400	-210,000	-57,200	-64,400	-352,800	-326,600	-341,800	-279,500	-259,000	-250,400	-197,200	-228,600	90,445	81,486	93,848	114,900	111,572	103,013	93,410	89,880	78,747	81,530	78,336	86,988	89,428	88,317	89,263	88,363	93,003	101,839	96,673	94,407	92,624	87,101	94,408	90,919	0	0	0
Net income (loss) from discontinued operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income from continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
205,400	210,600	214,600	212,400	213,200	225,200	187,600	222,800	227,500	232,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mark-to-market (gain) loss on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,064	1,272	967	1,240	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,217	-	-3,878	-4,968	-5,678	-5,323	-2,708	-1,883	-692	-1,118	-1,434	-2,292	-3,226	-3,786	0	0	0	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	81,664	-	62,040	62,078	61,714	63,281	65,779	66,946	71,854	73,267	77,470	77,017	70,596	64,669	54,231	50,701	49,287	48,616	48,031	46,642	45,543	43,426	0	0	0
Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	69,070	-	62,882	62,947	57,928	52,634	45,590	39,215	36,910	35,375	34,120	33,385	33,782	33,546	33,930	34,921	34,616	34,402	32,785	30,986	29,954	26,352	0	0	0
Stock-based compensation
24,800	22,600	21,200	20,300	20,100	30,700	30,000	32,800	37,000	28,200	32,300	34,200	31,200	29,900	30,197	26,737	23,151	22,900	23,468	25,831	26,836	25,067	21,519	18,709	16,880	16,118	15,413	14,184	13,557	12,824	11,646	11,406	13,018	15,107	16,594	17,489	17,258	15,838	0	0	0
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22,019	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	2,357	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	12,608	11,956	8,607	4,372	3,796	1,314	2,750	2,657	3,125	3,242	4,353	4,473	0	0	0	-	-	-	0
Mark-to-market loss on derivative contracts
-95,200	-47,000	-81,900	-65,700	-32,700	-22,500	0	0	0	-	-	-	-	-	-	0	-4,495	-	-2,766	-817	-2,751	-3,051	88	608	281	937	822	988	-836	-1,092	-1,853	-1,473	803	861	2,929	3,406	5,629	4,363	0	0	0
Deferred income taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-10,445	-5,033	-6,000	11,154	7,052	7,933	8,101	-15,860	-15,138	-11,379	-11,894	-1,372	4,475	1,900	5,724	18,059	17,594	16,261	15,114	6,584	2,907	7,408	9,199	0	0	0
Gain on foreign currency exchange
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-10,566	-	-24,759	-23,537	-27,725	-13,389	0	0	0	-	-	-	-	-	-	-	-	-	-183	-1,521	-3,550	-1,469	0	0	0
Write-down of tangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,864	0	0	0	-	-	-	0
Other
-18,700	500	-10,400	-13,600	-17,500	-25,200	-20,500	-21,700	-26,700	-4,000	-5,800	11,400	20,400	5,700	-17,927	-27,561	-27,679	-27,600	0	0	0	-	-	-	-	-6,153	-292	-473	-1,073	-1,324	-1,224	-1,587	-107	-206	-161	-107	-282	-161	0	0	0
Changes in operating assets and liabilities:
Receivables
-73,000	-80,600	23,800	47,800	29,000	29,100	-143,200	-94,600	-41,800	-103,300	42,700	-3,900	30,200	59,700	9,793	23,099	-25,254	-21,500	-3,802	-29,602	7,514	18,563	11,299	6,966	5,705	9,270	2,555	-2,435	783	2,640	-25,690	-3,704	-6,869	-7,812	19,889	7,632	-22,927	-6,161	0	0	0
Inventories
-113,200	-65,500	-3,300	-50,500	-28,900	-50,600	-191,500	-57,200	-9,400	-23,700	142,600	58,400	3,100	-54,300	0	0	-17,653	-	-20,253	-4,230	-11,884	27,187	53,232	23,443	3,711	11,387	23,980	39,466	17,539	8,263	13,092	22,897	40,653	43,039	47,681	14,984	-37,807	-34,318	0	0	0
Prepaid expenses and other assets
38,400	-7,100	-400	-23,800	-28,100	-32,500	-28,200	15,500	32,700	18,900	18,600	-10,100	-8,500	11,600	6,150	25,427	-2,356	-20,900	224	-6,145	2,221	5,910	7,518	2,844	-800	-2,656	-3,533	1,619	-5,437	-5,508	-2,608	-2,531	-1,976	-3,742	-7,264	-15,733	-270	-225	0	0	0
Accounts payable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other liabilities
-	-	-	-	-	85,700	-40,900	-24,000	77,600	-21,800	163,800	128,600	32,500	86,100	25,170	40,266	-10,935	-33,300	-9,734	-39,981	-15,037	-5,357	35,031	50,388	-9,776	29,694	12,740	1,181	11,065	1,283	-20,102	-22,485	388	-19,507	17,050	28,298	37,290	25,876	0	0	0
Net cash provided by (used in) operating activities - continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	446,200	478,600	419,810	382,301	319,898	290,600	321,779	294,956	275,282	229,550	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by operating activities - discontinued operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
408,100	307,700	281,000	283,900	410,100	505,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209,311	204,559	209,762	179,653	175,557	156,071	144,878	198,925	223,287	244,651	0	0	0
Cash flows from investing activities:
Cash flows from investing activities:
Additions to property, plant, and equipment
121,200	122,700	138,400	135,900	145,300	155,000	135,100	143,400	139,300	135,500	145,800	162,600	185,000	175,200	147,412	117,575	76,365	72,700	80,371	97,211	91,471	88,575	87,801	69,628	79,331	74,780	78,109	75,899	68,499	70,277	60,245	68,703	73,511	68,523	61,883	52,757	43,575	39,543	0	0	0
Additions to intangible assets
21,400	24,100	25,300	27,200	26,000	22,400	23,900	21,100	20,300	26,100	19,500	19,900	18,500	11,800	14,637	12,617	11,559	13,400	12,468	11,926	11,168	10,643	10,441	8,548	8,659	6,403	6,231	8,196	7,796	9,243	8,470	7,392	7,630	9,273	12,937	21,679	21,864	22,110	0	0	0
Acquisitions, less cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	2,644,400	0	0	0	-	-	-	-	993,009	0	0	0	-	-	-	-	-	-	-	-	-3,243	176,598	176,598	178,440	844,496	0	0	0
Proceeds from sale of fixed assets
9,900	4,800	0	0	0	-	-	-	-	8,400	7,400	3,300	1,800	1,700	1,822	520	579	600	2,582	2,495	2,438	2,842	-385	415	1,325	960	1,954	1,139	239	113	60	241	252	251	0	0	0	-	-	-	0
Purchase of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	718	908	899	8,140	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
-2,800	-2,700	400	900	1,300	1,500	1,300	1,300	1,200	1,200	1,200	1,700	1,600	1,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities - continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-207,500	-2,831,300	-2,806,255	-2,771,461	-2,728,542	-86,300	-83,528	-959,358	-1,094,986	-1,089,906	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities - discontinued operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-57,900	-68,100	-90,300	-147,900	-155,700	-160,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-113,488	-109,362	-93,655	-100,854	-79,047	-74,302	-251,158	-250,935	-243,803	-906,106	0	0	0
Cash flows from financing activities:
Cash flows from financing activities:
Borrowings under Revolving Credit Facility
280,100	194,100	135,900	149,100	116,800	108,700	172,800	552,800	567,800	676,900	586,500	257,100	250,300	241,300	260,400	226,400	238,200	152,200	215,100	511,100	933,400	938,400	974,350	872,750	487,700	517,250	441,400	233,600	271,050	320,700	314,100	336,400	286,700	263,100	413,000	366,700	354,900	512,000	0	0	0
Payments under Revolving Credit Facility
180,100	194,100	135,900	149,100	116,800	108,700	292,800	601,800	715,800	846,900	745,500	479,100	437,300	424,300	409,400	401,400	399,200	353,200	441,100	373,788	832,400	919,400	824,950	873,062	450,200	375,250	384,800	358,900	338,250	323,500	350,400	338,100	310,200	339,900	300,200	312,700	323,300	337,600	0	0	0
Payments on Term Loans
-	-	-	-	-	-	0	0	1,468,100	-	61,600	53,300	45,000	36,700	29,150	21,600	12,900	10,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of Term Loans
-	-	-	-	-	-	-	-	-	-	-	-	-	1,025,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400,000	0	0	0
Proceeds from Notes Payable
-	-	-	-	-	-	-	-	-	-	-	-	-	775,000	0	0	0	-	-	-	-	400,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on financing lease obligations
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on Term Loans
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on 2018 Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-400,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on finance lease obligations and other debt
-	-	-	-	-	-	-	-	-	2,300	3,000	3,100	3,900	3,300	3,728	3,883	3,870	3,800	3,987	4,332	3,606	3,195	2,228	1,676	1,807	1,945	2,049	2,059	1,993	1,943	1,947	1,851	1,628	1,417	1,135	1,022	1,037	1,010	0	0	0
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	34,300	0	0	0	-	-	-	-	13,712	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	16,418	0	0	0
Payment of debt premium for extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,693	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	835,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	110,688	0	0	0
Repurchases of common stock
-	-	-	-	-	54,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipts related to stock-based award activities
500	700	700	500	3,000	4,700	5,700	6,900	7,300	12,100	12,200	11,600	13,500	8,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments related to stock-based award activities
4,900	5,700	10,600	11,000	11,900	8,400	3,500	3,300	7,100	6,900	6,800	7,600	9,600	8,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (payments) receipts related to stock-based award activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-20,535	-11,894	-8,655	-1,291	2,118	1,193	3,058	3,879	3,418	2,762	8,915	8,278	7,715	7,909	9,622	10,771	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	12,608	11,956	8,607	4,372	3,796	1,314	2,750	2,657	3,125	3,242	4,353	4,473	0	0	0	-	-	-	0
Net cash used in financing activities - discontinued operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
0	-206,900	-201,500	-174,400	0	-311,000	-430,400	-305,000	-268,100	-278,300	-218,200	-274,400	-232,000	2,377,700	2,412,997	2,395,222	2,417,825	-213,900	-234,288	697,936	861,289	867,596	1,006,274	192,300	35,096	45,718	-43,771	-127,238	-69,501	-5,965	-38,540	-4,589	-31,208	-83,540	106,857	49,277	17,363	662,621	0	0	0
Effect of exchange rate changes on cash and cash equivalents
1,000	5,300	3,100	3,200	1,800	-2,400	1,100	300	2,100	2,800	-900	-3,300	-600	2,200	-2,254	955	-2,751	-7,500	-3,251	-5,983	-2,720	-1,734	-338	4,255	-2,022	-3,490	-4,005	-3,148	-1,845	1,896	3,150	-2,313	-353	-1,273	-953	1,633	1,431	742	0	0	0
Net increase (decrease) in cash and cash equivalents
251,400	38,000	-7,700	-35,200	-49,500	31,500	-79,100	-75,300	61,300	70,700	84,700	122,600	6,100	27,200	24,298	7,017	6,430	-17,100	712	27,551	38,865	5,506	-85,881	-11,332	-76,015	-47,932	24,255	-45,899	24,477	91,128	80,717	71,897	64,949	-3,044	-376	-1,100	-1,722	1,908	0	0	0
Supplemental cash flow disclosures
Interest paid
106,200	110,200	114,300	114,800	115,700	118,200	115,300	118,700	116,000	115,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income tax paid
-7,000	-7,300	-10,400	-18,000	-4,700	-7,000	-17,700	-3,600	8,600	12,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing activities:
Accrued purchase of property and equipment
31,000	28,800	27,900	30,400	17,700	19,800	21,200	20,600	28,000	19,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued other intangible assets
-1,200	3,200	1,800	5,100	8,600	6,100	7,400	4,100	2,300	3,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets and operating lease obligations recognized at / after ASU 2016-02 transition
8,700	13,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-