TEMPUR SEALY INTERNATIONAL, INC. TPX Cash Flow

Tempur sealy international, inc. (TPX)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
CASH FLOWS FROM OPERATING ACTIVITIES FROM CONTINUING OPERATIONS:
CASH FLOWS FROM OPERATING ACTIVITIES FROM CONTINUING OPERATIONS:
Net income before non-controlling interests
189,400	97,600	140,700	185,000	74,700	110,000	78,900	106,800	219,600	157,200	84,993	58,868
Loss from discontinued operations, net of tax
-1,400	-17,800	-30,900	12,300	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
89,700	87,100	80,700	72,400	71,400	76,300	74,600	36,300	34,300	32,400	31,424	32,756
Amortization of stock-based compensation
26,800	24,800	13,300	16,200	22,500	13,400	16,900	5,700	16,700	11,600	8,789	8,041
Amortization of deferred financing costs
2,400	2,300	2,200	3,500	20,300	12,500	7,400	1,400	1,000	700	692	1,060
Write-off of deferred financing costs
-	-	-	-	-	-	4,700	0	0	-	-	-
Bad debt expense
29,300	31,300	9,800	4,000	6,900	4,900	1,300	2,500	1,600	500	5,936	8,110
Charitable stock donation
8,900	0	0	-	-	-	-	-	-	-	-	-
Deferred income taxes
-7,100	6,000	-61,100	-31,100	-21,300	-27,200	-49,100	38,400	-8,500	4,900	-7,276	2,423
Dividends received from unconsolidated affiliates
13,400	14,800	11,300	10,800	9,100	2,000	2,500	0	0	-	-	-
Equity income in earnings of unconsolidated affiliates
15,900	17,600	15,600	13,300	11,900	8,300	4,400	0	0	-	-	-
Non-cash interest expense on 8.0% Sealy Notes
-	-	-	4,000	6,300	5,100	3,700	0	0	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	-	-47,200	0	0	-	-	-	-	-	-
Loss on sale of assets
-1,000	-3,300	-2,200	-1,300	-1,500	-3,900	-800	-300	0	-	-564	666
Loss on disposal of business
-	-	-	-	0	-23,200	0	0	-	-	-	-
Foreign currency adjustments and other
5,200	2,100	2,900	400	-5,500	-1,800	-100	-1,800	-1,200	500	115	-1,183
Changes in operating assets and liabilities, net of effect of business acquisitions:
Accounts receivable
76,000	46,300	-21,000	-21,500	35,300	58,800	30,100	-5,300	30,200	12,800	10,542	51,231
Inventories
28,200	44,600	-16,300	-700	-10,700	34,000	34,500	-100	18,500	6,700	-3,738	45,758
Prepaid expenses and other assets
-11,300	14,400	15,200	124,100	58,700	14,900	-27,900	29,400	2,800	6,500	4,418	1,695
Operating leases, net
8,600	0	0	-	-	-	-	-	-	-	-	-
Accounts payable
-4,800	28,700	3,800	-48,300	46,100	47,800	28,100	14,300	21,700	-1,100	7,808	-15,676
Accrued expenses and other liabilities
67,300	43,200	-4,900	3,100	90,300	56,700	4,400	11,600	3,900	-400	14,044	535
Income taxes, net
2,500	-24,400	24,000	3,300	-3,900	10,800	-34,700	-5,200	8,700	4,800	-651	4,110
Net cash provided by operating activities from continuing operations
314,800	207,500	256,500	168,100	234,200	225,200	98,500	189,900	248,700	184,100	134,986	198,394
Net Cash Provided by (Used in) Investing Activities [Abstract]
CASH FLOWS FROM INVESTING ACTIVITIES FROM CONTINUING OPERATIONS:
Proceeds from disposition of business
-	-	-	-	7,200	43,500	0	0	-	-	-	-
Purchases of property, plant and equipment
88,200	73,600	66,600	61,900	65,900	47,500	40,000	50,500	29,500	18,100	14,303	-10,494
Payments for intangible assets and other
-	-	-	-	-	-	-	-	-	-	-	0
Acquisitions, net of cash acquired
17,100	0	0	-	0	8,500	1,172,900	4,500	4,600	18,700	0	-1,529
Proceeds from escrow settlement
-	-	-	-	-	-	-	-	-	-	-	7,141
Other
-15,100	-2,400	-900	0	1,000	-2,100	100	0	2,000	700	0	-486
Net cash used in investing activities from continuing operations
-90,200	-71,200	-65,700	-61,900	-59,700	-10,400	-1,213,000	-55,000	-36,100	-37,500	-14,303	-5,368
Net Cash Provided by (Used in) Financing Activities [Abstract]
Proceeds from borrowings under long-term debt obligations
1,242,800	1,094,900	1,332,900	2,233,300	863,500	271,500	2,992,600	0	0	308,800	109,333	127,383
Repayments of borrowings under long-term debt obligations
1,347,100	1,195,800	1,471,500	1,867,700	988,300	510,900	1,658,300	0	0	197,800	230,036	251,536
Proceeds from issuance of Senior Notes
-	-	-	-	-	-	375,000	0	0	-	-	-
Proceeds from 2011 credit facility
-	-	-	-	-	-	46,500	352,000	821,500	-	-	-
Repayments of 2011 credit facility
-	-	-	-	-	-	696,500	287,000	643,500	-	-	-
Repayments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	1,359
Repayments of Series A Industrial Revenue Bonds
-	-	-	-	-	-	-	-	-	-	-	57,785
Proceeds from exercise of stock options
17,800	4,600	12,800	15,700	20,400	4,300	8,700	11,400	26,300	28,600	1,623	695
Excess tax benefit from stock-based compensation
-	-	-	7,000	21,800	1,700	5,400	10,500	19,200	5,600	359	399
Treasury stock repurchased
105,700	4,600	44,900	535,000	1,300	2,200	7,000	152,600	365,900	250,000	0	0
Payment of deferred financing costs
3,200	0	500	6,900	8,000	3,100	52,000	2,300	6,200	0	0	-
Fees paid to lenders
-	-	-	7,800	0	0	-	-	-	-	-	-
Call premium on 2020 Senior Notes
-	-	-	23,600	0	0	-	-	-	-	-	-
Proceeds from purchase of treasury shares by CEO
-	-	-	-	5,000	0	0	-	-	-	-	-
Dividend paid to stockholders
-	-	-	-	-	-	-	-	-	-	-	17,933
Purchase of noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	0
Repayments of finance lease obligations and other
-7,800	-6,100	-4,000	-100	-3,800	600	-1,000	-2,800	-300	-1,600	0	-14
Net cash provided by financing activities from continuing operations
-203,200	-107,000	-175,200	-185,100	-90,700	-238,100	1,013,400	-70,800	-148,900	-106,400	-118,721	-200,150
Net cash provided by (used in) continuing operations
21,400	29,300	15,600	-78,900	-	-	-	-	-	-	-	-
CASH USED IN DISCONTINUED OPERATIONS
Operating cash flows
-2,000	-24,400	-33,600	-2,600	-	-	-	-	-	-	-	-
Investing cash flows
0	2,100	3,600	-500	-	-	-	-	-	-	-	-
Financing cash flows
0	0	0	0	-	-	-	-	-	-	-	-
Net cash used in discontinued operations
-2,000	-22,300	-30,000	-3,100	-	-	-	-	-	-	-	-
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
-300	-3,100	-9,400	-6,200	7,600	4,800	2,800	3,800	-5,900	-600	-3,305	-10,806
Increase (decrease) in cash and cash equivalents
19,100	3,900	-23,800	-88,200	91,400	-18,500	-98,300	67,900	57,800	39,600	-1,343	-17,930
Supplemental cash flow information:
Cash paid during the period for:
Interest
89,000	91,800	86,600	75,400	59,900	73,500	92,100	37,100	8,000	13,600	17,521	24,978
Income taxes, net of refunds
73,800	32,500	79,800	81,300	94,900	56,300	96,400	80,100	84,200	63,900	51,805	38,346