Ufp industries, inc. (UFPI)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings

186,972

182,404

175,360

164,845

154,832

152,412

153,943

146,545

135,988

124,040

113,117

107,213

106,876

105,497

103,818

101,937

94,583

85,132

75,528

69,137

64,700

61,564

59,267

53,789

47,716

45,804

36,002

25,744

27,380

26,010

0

0

0

-

-

-

0

Adjustments to reconcile net earnings to net cash from operating activities:
Depreciation

61,736

60,494

59,111

58,005

56,712

54,949

53,016

51,432

49,856

48,536

47,819

44,893

42,723

40,823

38,711

38,482

38,206

37,710

37,685

36,675

35,218

33,913

32,999

32,276

31,642

31,091

30,640

30,490

30,423

30,461

30,698

30,782

31,080

30,804

0

0

0

Amortization of intangibles

6,019

6,300

6,816

6,644

7,024

6,400

5,625

5,225

5,009

4,900

4,476

3,887

3,221

2,795

2,669

2,928

3,241

3,531

3,397

3,104

2,807

2,410

2,336

2,343

2,455

2,473

2,580

2,736

2,777

2,918

3,272

3,816

4,487

5,183

0

0

0

Expense associated with share-based and grant compensation arrangements

4,164

4,007

3,917

3,859

3,767

3,574

4,445

4,348

4,282

3,805

2,889

2,739

2,520

2,335

2,172

2,058

2,009

1,955

1,825

1,861

1,802

1,919

1,854

1,759

1,753

1,900

1,683

1,677

1,461

1,270

996

864

937

1,361

0

0

0

Excess tax benefits from share-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

-29

-58

-73

36

0

0

0

Expense tax benefits from share-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-16

-23

-33

98

89

150

94

23

36

-68

-58

0

0

0

-

-

0

0

-

-

-

-

Deferred income taxes (credit)

8,204

7,176

1,073

886

634

857

-9,329

-9,549

-9,372

-8,629

2,634

2,764

2,844

2,464

-1,153

-1,317

-1,332

-1,369

4,530

4,883

4,883

4,926

4,663

4,578

4,267

4,453

3,666

3,580

2,612

2,526

-2,940

-2,985

-1,920

-1,939

0

0

0

Unrealized (gain) loss on investments

-1,998

2,523

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Equity in earnings of investee

-

-

-

-

-

-

-

-

-

-

0

0

191

-

332

371

372

374

415

444

410

378

295

196

210

201

206

203

59

79

-85

-83

-13

-58

0

0

0

Net gain on disposition of assets and impairment of assets

0

-

-

-

0

-

-

-

-

863

0

0

0

-

-198

-384

-148

-172

-86

2,631

2,784

3,400

2,926

493

178

-297

-143

99

6,992

6,890

4,555

4,463

-2,607

-2,490

0

0

0

Net (gain) on disposition of assets

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in:
Accounts receivable

10,409

16,872

15,286

-7,686

9,463

8,512

30,166

85,214

62,786

30,787

57,450

11,160

8,609

5,119

18,641

16,276

27,135

26,007

9,791

8,944

11,033

9,710

14,679

14,688

8,996

17,886

48,657

56,591

37,984

32,274

22,812

14,194

15,920

6,784

0

0

0

Inventories

-70,986

-73,120

-35,322

-5,532

50,550

84,304

87,890

84,111

45,681

49,262

25,748

37,788

42,070

3,245

-4,754

-31,897

-76,402

-34,139

13,261

50,545

90,017

49,575

38,794

21,288

18,962

42,287

20,785

43,586

69,442

45,529

27,476

2,797

-25,119

4,496

0

0

0

Accounts payable and cash overdraft

-29,141

-24,132

-29,531

-17,931

-20,092

-5,213

6,346

45,678

28,325

21,159

29,657

18,085

22,530

11,259

28,960

-9,680

-18,923

4,798

1,176

13,845

31,387

15,390

13,577

22,298

9,640

7,835

13,332

17,714

18,113

16,281

6,472

4,556

8,586

-9,964

0

0

0

Accrued liabilities and other

57,003

57,727

16,307

-5,316

1,823

1,245

10,889

17,577

24,923

23,749

16,786

17,606

1,984

15,978

22,588

21,956

22,580

29,142

23,188

20,155

29,604

15,981

19,206

22,413

6,282

21,026

19,669

4,812

4,106

-2,568

1,210

6,600

7,180

-11,242

0

0

0

NET CASH USED IN OPERATING ACTIVITIES

358,959

349,291

254,664

223,705

145,028

116,685

99,334

85,300

123,151

136,583

133,493

147,690

131,737

172,520

183,764

172,015

189,384

168,796

124,001

87,138

66,235

73,120

77,230

102,754

75,354

54,440

39,518

-11,592

-25,474

-5,721

11,889

49,787

76,173

11,515

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment

96,336

84,933

87,659

84,026

87,383

95,862

88,468

90,880

78,947

71,116

75,228

64,042

57,352

53,762

42,725

40,035

41,361

43,522

50,149

52,961

51,413

45,305

39,591

38,591

40,932

40,023

40,265

36,116

30,569

30,344

33,345

36,533

34,483

32,932

0

0

0

Proceeds from sale of property, plant and equipment

1,945

1,777

1,941

2,626

2,364

38,373

38,410

38,604

38,816

2,919

4,731

3,856

3,347

3,126

977

2,067

2,925

2,843

4,924

8,336

8,270

9,005

6,980

3,079

2,312

1,778

4,409

4,058

16,456

18,240

15,421

15,252

3,672

1,814

0

0

0

Acquisitions and purchases of non-controlling interest, net of cash received

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions, net of cash received

-

-

-

-

-

-

0

0

13,933

-

0

0

0

-

-

-

-

2,505

30,090

30,090

33,035

34,641

9,317

9,317

7,069

11,478

24,121

24,121

25,574

16,974

0

0

0

-

-

-

-

Purchase and dissolution of remaining noncontrolling interest in subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

154

146

196

175

0

0

0

Advances of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

4,981

6,012

11,138

8,684

6,980

6,994

0

0

0

-

2,912

4,602

4,752

2,673

2,016

1,835

1,566

1,183

0

0

0

-

-

-

-

Collections on notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

7,212

7,899

8,481

8,118

7,064

11,446

17,727

16,097

15,243

9,926

2,356

2,953

2,744

2,814

3,365

2,833

2,735

2,839

1,079

933

876

472

0

0

0

Purchases of investments

26,955

13,352

7,412

8,849

7,069

13,338

13,764

7,748

19,417

13,518

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investments

20,748

9,828

4,539

4,165

-1,027

3,678

4,174

1,036

8,944

5,103

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash restricted as to use

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

419

-10

-10

-315

0

-33

67

-6,111

-486

-453

0

6,178

0

0

0

-

-

-

-

Other

1,236

982

-753

-1,276

-258

66

2,560

2,964

726

460

-1,202

123

1,696

2,011

1,818

583

62

-95

-113

85

142

162

255

230

174

132

113

378

220

528

198

-83

38

-289

0

0

0

NET CASH USED IN INVESTING ACTIVITIES

-174,696

-142,037

-141,602

-105,899

-138,087

-121,232

-101,899

-100,841

-65,756

-137,659

-148,893

-298,181

-285,423

-227,657

-206,669

-49,101

-46,028

-46,636

-73,480

-65,946

-66,079

-67,063

-42,739

-46,675

-47,938

-43,603

-58,255

-55,153

-38,812

-34,223

-23,514

-26,277

-32,627

-32,990

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving credit facilities

191,256

422,057

517,036

636,951

673,588

732,370

785,047

802,539

773,539

758,287

688,561

572,441

410,857

131,002

52,836

41,139

158,643

297,711

316,649

281,203

245,755

211,770

192,475

233,262

247,942

251,801

0

0

0

-

-

-

-

-

-

-

-

Repayments under revolving credit facilities

293,803

460,537

540,092

724,866

742,299

748,496

817,837

805,071

764,387

722,725

653,946

453,395

243,566

107,294

27,195

78,488

260,048

311,271

316,603

253,911

202,996

197,825

192,475

280,641

259,652

262,891

0

0

0

-

-

-

-

2,109

0

0

0

Borrowings of debt

-

-

-

-

-

927

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of debt

3,181

3,136

3,128

3,164

3,337

5,540

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net borrowings (repayments) under revolving credit facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

266

1,032

1,031

1,027

946

0

0

0

Proceeds from issuance of common stock

1,151

1,093

1,082

1,068

1,081

1,026

940

829

720

660

616

577

552

536

510

640

735

1,074

1,204

1,064

911

541

1,602

1,651

2,163

2,144

1,074

1,521

1,105

2,061

3,491

3,630

3,551

2,971

0

0

0

Capital contribution from noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80

0

0

0

Dividends paid to shareholders

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of additional noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

402

0

0

0

Distributions to noncontrolling interest

2,015

2,216

2,534

2,961

2,864

3,139

2,999

3,157

3,134

4,032

17,792

17,902

18,183

17,680

16,508

16,988

16,738

16,507

3,359

2,059

2,148

1,910

1,710

2,071

1,831

1,460

1,460

932

822

871

3,497

2,677

2,187

1,413

0

0

0

Repurchase of common stock

0

-

-

-

-

24,629

1,844

4,862

13,742

12,977

0

0

0

-

-

-

-

800

894

4,943

4,944

4,866

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from share-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

-29

-58

-73

36

0

0

0

Other

23

20

-958

-955

-975

-1,054

0

0

0

-

-

-64

-84

-73

-71

-60

-17

-21

0

0

0

-

-

-

0

-

-

-

-5

4

28

27

35

32

0

0

0

NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES

-168,060

-67,268

-74,632

-140,702

-46,108

4,393

7,325

35,072

-35,374

-5,247

460

87,765

146,213

3,211

5,905

-58,147

-121,335

-33,002

-19,723

4,636

23,662

-5,205

-13,135

-56,056

-19,396

-18,422

20,275

62,416

61,271

36,695

-2,747

-9,733

-47,694

-10,314

0

0

0

Effect of exchange rate changes on cash

-1,485

482

-554

158

-449

-464

-358

-802

1

650

297

-170

-1,002

-1,927

-1,186

-1,502

-1,110

-1,221

-1,609

-1,072

-930

-852

-323

-23

-355

-62

-89

218

285

244

0

0

0

-

-

-

-

NET CHANGE IN CASH AND CASH EQUIVALENTS

14,718

140,468

37,876

-22,738

-39,616

-618

4,402

18,729

22,022

-5,673

-14,643

-62,896

-8,475

-53,853

-18,186

63,265

20,911

87,937

29,189

24,756

22,888

0

21,033

0

7,665

-7,647

1,449

-4,111

-2,730

-3,005

-14,284

13,445

-4,231

-32,048

0

0

0

SUPPLEMENTAL SCHEDULE OF CASH FLOW INFORMATION:
Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,693

4,609

4,427

4,334

4,508

4,604

4,747

4,883

4,334

4,337

4,138

3,982

3,990

3,913

4,165

3,654

0

0

0

Income taxes paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,174

33,318

27,085

38,475

34,252

21,869

22,307

14,427

0

0

0

-

-

-

11,253

6,163

0

0

0

NON-CASH INVESTING ACTIVITIES
Other receivables exchanged for notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Notes receivable exchanged for property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

409

3,389

3,389

3,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

NON-CASH FINANCING ACTIVITIES:
Common stock issued under deferred compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,339

3,173

3,199

2,567

2,423

2,432

2,365

1,800

1,796

1,792

1,788

1,310

1,222

1,112

1,206

246

0

0

0