TUPPERWARE BRANDS CORPORATION TUP Cash Flow

Tupperware brands corporation (TUP)

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	Dec'10	Sep'10	Jun'10	Mar'10
Operating Activities:
Net income (loss)
-7,800	-71,700	7,800	39,400	36,900	17,300	39,100	63,800	35,700	-	-	-	47,400	79,000	48,800	52,400	43,400	58,100	36,200	62,000	29,500	82,300	32,300	47,600	52,200	89,700	50,000	76,300	58,200	74,500	47,500	12,700	58,300	86,900	10,500	65,100	55,800	80,700	39,900	57,900	47,100
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization
11,700	13,800	13,600	13,700	14,100	14,000	14,300	14,400	15,500	-	-	-	-	13,700	13,600	15,300	14,900	15,800	15,600	15,600	15,400	16,000	16,100	15,900	15,700	16,300	13,700	12,700	12,100	13,100	12,500	11,900	12,100	11,500	12,500	13,000	12,800	12,700	12,200	12,200	12,600
Foreign Currency Transaction Gain (Loss), Unrealized
-100	-100	600	0	0	-	-	-	-	-	-	-	-	-100	0	-200	-100	0	-200	0	-7,000	0	0	-15,800	-13,400	0	0	0	-2,500	0	0	0	0	-	-	-	-	-	-	-	-
Equity compensation
2,200	2,900	3,000	2,600	1,900	3,800	3,700	3,700	3,300	-	-	-	-	7,000	4,800	4,300	3,900	8,200	3,600	4,400	3,800	7,400	3,000	3,500	5,000	7,600	4,200	3,000	4,700	8,800	4,100	3,700	3,500	7,800	3,400	3,200	3,600	6,800	2,800	2,600	2,600
Amortization of deferred debt costs
400	200	200	100	200	200	100	100	200	-	-	-	-	100	200	200	100	100	100	400	200	100	100	200	200	100	200	300	100	300	100	300	300	100	100	1,000	200	200	100	300	100
Premium on senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	6,300	0	0	0	0	-	-	-	-	-	-	-	-
Increase (Decrease) in Accrued Interest Receivable, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,600	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest received on senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Other Assets
0	2,300	12,100	-200	-800	2,700	1,500	12,400	2,200	-	-	-	-	1,100	23,900	700	100	0	2,000	10,500	600	300	0	400	1,800	-500	800	0	0	-100	400	7,300	300	4,100	-1,300	100	100	100	0	0	100
Provision for bad debts
7,000	4,600	13,900	5,100	5,000	4,000	7,600	4,500	4,300	-	-	-	-	2,400	3,800	2,200	2,700	3,000	3,400	3,200	3,200	3,200	3,700	3,900	2,700	2,500	3,400	2,400	3,500	2,500	2,700	2,100	3,600	2,600	3,000	3,100	2,800	1,700	3,100	4,700	1,600
Write-down of inventories
2,900	4,100	3,700	1,900	2,700	2,500	1,300	1,400	2,300	-	-	-	-	2,600	3,200	1,600	3,400	1,400	4,000	4,700	4,200	3,300	3,900	4,300	6,300	1,600	4,500	3,600	3,600	2,500	2,700	4,000	4,400	400	3,400	3,300	4,100	2,700	6,200	5,800	4,000
Restructuring Costs and Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	13,500	-	1,100	0	400	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Deferred Income Taxes
14,300	-15,500	7,400	-15,500	4,500	-83,800	30,200	10,200	-16,400	-	-	-	-	16,400	16,800	2,600	-2,900	20,100	12,500	1,000	11,600	28,600	10,200	12,400	8,700	11,100	-600	10,500	8,600	27,200	500	3,600	-1,000	-4,700	-3,500	17,300	-300	1,300	1,100	-10,800	-300
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,500	1,800	-100	800	-2,500	1,700	1,300	5,800	900	3,800	1,500	8,300	1,600	3,400	3,100	5,400	900	500	1,600	6,000	1,600	1,300	3,300	800
Changes in assets and liabilities:
Accounts and notes receivable
6,500	-24,700	-9,800	200	25,000	-6,300	3,500	12,500	24,100	-	-	-	-	-7,600	-12,400	-1,100	20,200	-10,100	-2,200	10,400	12,600	2,000	-900	-5,100	32,200	-12,400	-2,300	6,400	25,100	-12,300	7,800	2,500	23,000	-15,600	0	10,100	7,200	10,200	-3,400	-2,800	14,000
Inventories
10,500	-14,900	6,600	-1,600	11,500	-18,200	6,200	16,800	21,000	-	-	-	-	-20,600	9,000	-2,600	17,000	-26,300	11,900	6,400	16,200	-19,800	11,900	28,100	19,300	-31,600	23,900	19,800	21,100	-23,800	11,300	12,700	23,100	-18,700	26,900	21,000	20,300	-35,800	24,600	25,500	14,600
Non-trade amounts receivable
3,200	-1,800	-700	-5,600	11,500	-3,200	-4,600	2,000	4,800	-	-	-	-	-8,600	1,000	1,500	4,900	900	-1,200	500	1,400	-7,900	-4,200	3,800	6,900	-700	2,800	-4,300	4,700	0	-4,200	2,300	800	-600	6,600	-1,600	-200	-2,500	-200	6,600	-1,600
Prepaid expenses
1,200	-6,100	4,200	1,900	500	-5,700	1,900	-1,000	3,700	-	-	-	-	-5,300	2,100	-1,700	5,800	1,200	1,800	-2,800	7,800	-7,100	1,300	-3,500	12,100	-8,600	-1,400	-1,400	8,200	-8,000	-2,400	-1,400	12,600	-6,500	-500	-2,800	11,600	-6,800	500	-3,300	6,700
Other assets
1,200	-1,400	7,600	1,300	100	-1,000	-1,000	500	400	-	-	-	-	-1,700	0	1,700	-400	-6,100	2,200	-1,000	200	-900	1,300	-1,000	1,700	1,400	-1,200	300	-3,300	2,200	1,800	2,200	200	-900	-1,200	3,400	700	1,100	1,700	-700	1,000
Accounts payable and accrued liabilities
-19,200	21,200	-10,900	-6,400	-32,500	5,300	-7,200	-19,900	-22,000	-	-	-	-	12,300	19,400	-23,300	-30,600	25,500	23,600	-3,900	-33,800	30,800	-3,700	2,000	-3,600	24,000	10,900	-2,000	-17,200	29,500	6,000	11,300	-36,200	1,900	20,500	5,500	-40,000	37,100	-2,100	14,800	-12,500
Income taxes payable
-300	15,700	-9,700	-26,300	-14,500	-49,100	23,700	-1,200	-42,500	-	-	-	-	-600	20,500	-15,700	-10,200	17,200	4,600	-17,300	-7,000	32,800	9,300	-300	-16,900	13,600	-6,200	-6,100	6,500	23,900	1,800	-14,600	-7,300	7,500	-8,200	4,000	-12,200	-7,600	-12,000	3,400	900
Other liabilities
-4,900	-4,800	-1,000	100	-2,500	4,300	-3,700	2,400	-3,400	-	-	-	-	-700	2,700	4,100	-1,500	3,300	1,500	600	-300	7,300	-100	1,200	0	2,400	500	2,100	-400	2,400	600	2,100	-2,400	7,600	-3,400	-2,800	-300	1,700	-400	2,300	100
Proceeds from insurance recoveries, net of costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	200	3,000	0	0	0	-	-	-	-
Net cash impact from hedging activity
1,900	800	-6,000	8,300	-800	600	-11,300	13,200	-5,400	-	-	-	-10,200	-2,900	15,600	700	-10,700	-4,100	16,000	8,700	-3,600	-4,500	-700	-4,100	4,700	600	700	-600	-3,900	-200	-1,100	2,200	-3,000	-10,300	7,400	-9,900	6,700	-1,700	7,300	-5,800	6,100
Other
300	-200	100	0	-100	-100	0	300	-200	-	-	-	-	100	200	200	-300	0	-100	200	-100	-	-	-600	500	100	100	0	-200	100	-300	400	-100	0	-100	0	200	-900	300	100	100
Net cash used in operating activities
-47,000	67,900	18,200	41,400	-40,100	118,400	52,400	2,000	-40,800	135,400	67,800	32,200	-18,000	144,700	60,500	39,300	-7,500	153,500	48,100	35,900	-11,800	195,000	45,000	62,400	-18,300	197,500	54,600	57,500	13,900	187,200	60,800	75,500	-24,800	182,000	43,100	62,300	-12,700	196,000	18,800	70,300	14,400
Investing Activities:
Capital expenditures
8,200	17,000	16,800	14,300	12,900	20,200	17,600	22,400	15,200	19,700	20,600	16,000	16,000	23,400	12,900	15,900	9,400	18,700	14,600	13,900	13,900	23,400	14,800	16,800	14,400	26,100	19,100	14,700	9,100	24,600	17,300	14,900	18,800	24,600	23,600	13,600	12,100	21,500	14,300	10,600	9,700
Proceeds from disposal of property, plant and equipment
500	13,600	15,700	4,100	600	4,200	3,400	27,200	5,900	3,000	6,400	5,000	300	4,100	29,500	1,900	400	500	3,100	12,300	2,100	1,000	600	1,300	4,200	500	1,300	6,600	500	1,000	1,000	7,800	1,000	1,800	600	1,600	1,000	500	7,900	400	1,200
Net cash used in investing activities
-7,700	-3,400	-1,100	-10,200	-12,300	-16,000	-14,200	4,800	-9,300	-16,700	-14,200	-11,000	-15,700	-19,300	16,600	-14,000	-9,000	-18,200	-11,500	-1,600	-11,800	-22,400	-14,200	-15,500	-10,200	-25,600	-17,800	-8,100	-8,600	-23,600	-16,300	-7,100	-17,800	-22,800	-23,000	-12,000	-11,100	-21,000	-6,400	-10,200	-8,500
Financing Activities:
Dividend payments to shareholders
0	13,800	13,200	13,400	33,900	33,700	33,900	34,800	35,400	35,600	34,600	34,600	34,700	34,800	34,600	34,400	35,000	34,400	33,900	34,000	35,700	34,500	34,100	34,300	32,600	31,900	32,200	33,000	19,700	20,100	20,000	20,100	17,400	17,700	18,500	18,600	19,000	16,000	15,700	15,700	15,800
Proceeds from Issuance of Senior Long-term Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	200,000	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	0	0	100	200	1,900	0	7,800	2,100	200	200	400	0	8,500	2,700	1,800	3,100	1,700	3,300	5,900	4,800	2,100	2,200	2,900	13,800	3,200	2,300	3,200	4,200	900	1,300	3,000	10,900	3,900	3,900	7,100	1,900
Repurchase of common stock
0	100	0	100	700	400	50,200	50,100	1,000	1,900	0	100	500	600	300	0	800	600	0	0	900	50,600	10,300	14,500	16,900	75,700	100,000	100,100	103,600	100,700	25,300	24,900	54,100	90,800	207,000	78,800	52,000	31,900	4,100	10,000	16,500
Repayment of finance lease obligations
300	300	300	700	300	300	300	800	500	400	400	800	400	500	400	900	400	500	400	800	900	500	500	1,000	1,000	600	500	900	500	500	500	900	400	500	500	405,900	500	500	800	400	500
Net increase in short-term debt
121,000	-52,900	-38,500	1,100	84,100	-38,600	73,100	30,400	97,200	-60,500	16,000	-7,500	67,600	-85,000	-25,200	-8,500	66,700	-118,400	19,900	-9,600	71,700	-87,100	21,400	5,000	58,500	-59,500	105,200	53,200	-71,100	-41,400	7,000	-27,900	68,300	-20,200	213,600	100	0	-400	600	-8,500	8,500
Payments of Debt Issuance Costs
1,700	100	0	900	1,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	1,400	500	200	0	0	0	0	-	-	-	-	-	-	-	-
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,500	1,800	-100	800	-2,500	1,700	1,300	5,800	900	3,800	1,500	8,300	1,600	3,400	3,100	5,400	900	500	1,600	6,000	1,600	1,300	3,300	800
Net cash provided by financing activities
119,000	-67,200	-52,000	-14,000	47,900	-73,000	-11,300	-55,200	60,500	-96,500	-19,000	-35,200	34,100	-120,400	-60,000	-43,400	30,500	-141,900	-9,900	-43,400	38,100	-173,500	-18,500	-37,600	18,600	-164,800	-22,900	-76,900	27,000	-157,900	-33,100	-67,500	6,000	-127,400	-10,700	-108,200	-54,600	-43,300	-14,800	-24,200	-21,600
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
-12,400	2,400	-5,300	-1,100	3,100	-100	-6,400	-11,200	4,100	1,600	900	600	4,900	-10,400	2,400	-1,500	4,800	-6,700	-7,700	-700	-7,600	-11,500	-5,600	-26,200	-17,800	-5,800	-300	-7,500	-4,700	300	4,400	-8,600	4,100	-3,800	-15,300	-1,800	5,500	-5,800	3,900	-9,700	-1,600
Net change in cash, cash equivalents and restricted cash
51,900	-300	-40,200	16,100	-1,400	29,300	20,500	-59,600	14,500	23,800	35,500	-13,400	5,300	-5,400	19,500	-19,600	18,800	-13,300	19,000	-9,800	6,900	-12,400	6,700	-16,900	-27,700	1,300	13,600	-35,000	27,600	6,000	15,800	-7,700	-32,500	28,000	-5,900	-59,700	-72,900	125,900	1,500	26,200	-17,300