TimkenSteel Corporation TMST Cash Flow

Timkensteel corporation (TMST)

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
Operating Activities
Net income (loss)
-133,400	-110,000	-22,700	-16,700	-4,600	-10,000	-13,500	-20,800	-27,900	-31,300	-76,900	-93,200	-101,100	-105,500	-35,300	-43,900	-61,600	-45,000	-90,100	-33,600	19,400	46,100	0	0	0
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:
Depreciation and amortization
74,300	73,500	71,200	71,800	72,300	73,000	73,500	74,000	74,500	74,900	75,100	75,500	75,100	74,900	75,000	73,900	74,500	73,400	69,700	67,100	62,000	58,000	0	0	0
Amortization of deferred financing fees and debt discount
5,100	5,100	4,900	5,000	5,000	5,500	5,200	4,900	4,600	4,000	4,100	4,200	3,900	2,900	0	0	0	-	-	-	-	-	-	-	-
Loss (gain) on sale or asset disposals
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Loss on sale or disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0
Deferred income taxes
16,200	16,600	1,800	-900	-900	-800	-700	400	300	300	62,400	52,100	45,800	36,800	-20,300	-28,700	-37,900	-25,600	13,700	33,300	33,400	29,800	0	0	0
Stock-based compensation expense
7,200	7,400	6,600	7,400	7,300	7,300	7,500	6,800	7,100	6,500	7,000	7,100	6,800	6,700	5,600	5,200	6,500	7,000	7,700	8,800	7,100	6,000	0	0	0
Pension and postretirement expense (benefit), net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and postretirement expense (benefit), net
47,900	41,600	47,700	46,700	40,600	37,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and postretirement expense (benefit), net
-	-	-	-	-	-	-	-	-	-	0	0	83,600	-	-15,000	-28,200	-23,500	-15,500	120,500	118,600	115,800	107,200	0	0	0
Pension and postretirement contributions and payments
3,900	3,800	3,000	3,700	13,000	13,100	14,200	14,500	5,200	4,300	4,300	4,300	4,600	4,900	6,500	10,600	12,300	15,600	17,600	14,200	25,900	20,700	0	0	0
Reimbursement from postretirement plan assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,300	13,300	13,300	0	0	0	0	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable, net
-57,500	-85,900	-64,700	-27,200	-29,800	13,600	11,500	20,100	33,200	58,200	56,700	56,100	52,900	10,700	-2,800	-17,900	-71,700	-86,200	-96,800	-63,100	-11,700	17,700	0	0	0
Inventories, net
-160,600	-92,600	15,800	32,000	92,500	94,500	78,300	107,700	74,400	72,300	64,100	41,900	30,000	-9,700	-43,400	-74,900	-119,100	-122,700	17,900	17,100	55,500	69,600	0	0	0
Accounts payable
-30,300	-87,700	-60,700	-68,400	-42,000	24,400	2,400	44,400	42,000	45,700	60,700	58,200	70,300	37,500	24,200	10,800	-40,700	-70,700	-89,200	-70,700	-34,300	16,200	0	0	0
Other accrued expenses
-8,900	-26,000	-22,600	-13,200	-2,000	-3,800	1,700	3,900	2,200	18,300	10,900	7,200	5,400	-8,200	-6,100	-14,000	-10,900	-31,500	-40,100	-3,600	-5,200	26,200	0	0	0
Deferred charges and prepaid expenses
200	-200	200	300	-100	-400	-100	-100	-200	500	700	400	-1,000	-8,300	-12,600	-14,600	-9,900	-22,700	12,300	9,800	7,800	27,600	0	0	0
Other, net
-1,000	1,200	-1,000	-4,500	-1,500	-3,800	-1,300	2,900	-1,900	700	1,900	3,100	2,100	-2,600	-2,200	-4,400	-1,900	3,200	17,300	1,800	2,800	3,000	0	0	0
Net Cash Provided (Used) by Operating Activities
167,700	70,300	71,200	31,000	4,300	18,500	-8,600	-10,400	15,000	8,100	7,200	14,800	28,000	74,400	98,800	92,900	112,600	107,100	89,200	100,600	63,100	93,900	0	0	0
Investing Activities
Capital expenditures
36,500	38,000	44,000	43,300	42,200	40,000	38,800	35,200	32,500	33,000	28,500	34,300	36,900	42,700	51,400	58,800	68,800	78,200	99,400	98,600	114,500	129,600	0	0	0
Proceeds from disposals of property, plant and equipment
7,800	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	200	400	400	300	200	0	0	0	0
Net Cash Provided (Used) by Investing Activities
-28,700	-38,000	-44,000	-43,300	-41,200	-39,000	-37,800	-34,200	-32,500	-33,000	-28,500	-34,300	-36,900	-42,700	-51,400	-58,700	-68,600	-77,800	-99,000	-98,300	-114,300	-129,600	0	0	0
Financing Activities
Cash dividends paid to shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,700	25,000	25,200	19,000	12,700	0	0	0
Purchase of treasury shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,200	47,900	39,700	39,400	34,700	0	0	0
Proceeds from exercise of stock options
0	200	200	200	300	200	200	200	100	200	200	200	200	0	0	200	400	1,500	1,500	7,100	6,900	5,800	0	0	0
Shares surrendered for employee taxes on stock compensation
200	1,000	1,000	1,000	1,000	700	700	900	900	1,400	1,400	1,200	1,200	0	0	0	0	-	-	-	-	-	-	-	-
Refunding Bonds repayments
-	-	-	-	-	30,200	30,200	30,200	30,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on credit agreements
90,000	65,000	75,000	45,000	45,000	105,000	0	0	0	-	-	-	-	130,000	135,000	130,000	45,000	50,000	45,000	40,000	50,200	30,200	0	0	0
Borrowings on credit agreements
10,000	40,000	40,000	40,000	55,000	155,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amended Credit Agreement borrowings
-	-	-	-	-	-	-	-	-	-	-	-	25,000	-	0	35,000	35,000	65,000	120,000	85,000	215,200	185,200	0	0	0
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Debt issuance costs
-	-	-	-	-	1,700	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net transfers to The Timken Company and affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	3,500	3,500	-5,100	6,800	0	0	0
Net Cash Provided (Used) by Financing Activities
-81,200	-26,800	-35,800	-5,800	9,300	17,600	47,600	47,400	32,300	23,800	23,800	18,500	-8,000	-48,500	-54,900	-32,700	-37,500	-21,400	3,100	-10,300	82,200	70,200	0	0	0
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Cash and Cash Equivalents
57,800	5,500	-8,600	-18,100	-27,600	-2,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0
Decrease In Cash and Cash Equivalents
-	-	-	-	-	-	-	-	-	-	2,500	-1,000	-16,900	-16,800	-7,500	1,500	6,500	7,900	-6,700	-8,000	31,000	34,500	0	0	0