Advanced drainage systems, inc. (WMS)

CashFlow / TTM
Dec'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'13
Cash Flows from Operating Activities
Net (loss) income

-193,437

-200,546

-179,636

81,466

74,717

91,382

79,969

64,792

51,596

28,639

34,961

35,908

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization

93,420

79,797

70,767

71,900

72,122

72,425

74,609

75,003

74,083

74,260

72,550

72,355

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

9,399

10,719

13,275

12,813

3,815

-7,217

-9,229

-11,239

-22,989

-11,601

-8,507

-8,971

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets and costs from exit and disposal activities

-6,541

-4,930

-3,250

-3,647

-3,759

-5,539

-10,336

-12,655

-14,707

-14,921

-10,502

-7,316

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

ESOP and stock-based compensation

33,051

26,150

23,673

21,828

21,901

21,896

20,121

18,845

20,835

15,367

10,422

17,875

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

ESOP special dividend compensation

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing charges

34,554

34,633

718

735

749

771

772

934

1,099

1,256

1,420

1,408

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Fair market value adjustments to derivatives

-1,273

-4,243

-4,760

-2,346

-720

3,555

4,060

3,244

1,612

2,451

5,823

10,921

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Equity in net (income) loss of unconsolidated affiliates

668

1,233

472

-95

-1,460

-1,158

-1,120

-739

-1,418

-3,669

-3,964

-4,308

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other operating activities

7,739

7,512

7,069

5,219

14,529

12,410

-1,636

-1,010

-9,424

-5,550

7,820

5,871

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in working capital:
Receivables

-16,144

-1,813

7,537

17,953

-27,258

-42,487

11,768

4,327

28,875

65,295

7,556

-15,055

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-25,578

-38,904

-31,729

2,034

33,696

34,668

1,356

4,841

-11,345

-12,507

21,086

27,917

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-141

1,805

428

1,004

3,019

724

-530

-1,648

-910

-1,278

778

2,548

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses, and other liabilities

27,085

22,610

4,905

-16,942

-9,024

-10,192

808

-14,855

-4,815

9,561

6,194

6,851

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

299,974

265,228

204,687

151,678

146,233

166,892

163,488

137,120

126,517

87,052

87,834

104,239

122,532

163,994

153,352

135,342

113,568

76,397

74,779

74,379

66,824

78,931

81,506

72,410

0

0

0

Cash Flows from Investing Activities
Capital expenditures

58,575

49,735

46,261

43,412

37,715

33,973

30,634

41,709

45,296

49,915

52,030

46,676

49,972

47,204

46,942

44,942

42,273

38,018

35,243

32,080

35,732

34,968

35,223

40,933

0

0

0

Proceeds from disposition of assets or businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

538

3,446

3,402

3,400

9,302

0

0

0

Investment in unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,566

7,656

8,641

13,391

6,375

0

0

0

Additions of capitalized software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

Proceeds from note receivable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,854

0

0

0

-

-

-

-

-

-

-

-

Other investing activities

488

-323

-964

-868

-1,289

-450

245

390

1,159

1,179

1,444

1,390

948

1,132

916

888

1,129

453

462

600

483

698

730

706

0

0

0

Net cash used in investing activities

-1,148,385

-1,138,029

-45,297

-42,544

-28,741

-19,879

-19,225

-30,445

-51,563

-66,277

-66,667

-61,259

-55,036

-48,336

-46,252

-49,018

-82,130

-77,221

-75,998

-76,093

-40,065

-41,160

-46,248

-38,712

0

0

0

Cash Flows from Financing Activities
Proceeds from Term Loan Facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100,000

0

0

0

Payments on Term Loan Facility

-

-

-

-

-

-

-

72,500

75,000

77,500

80,000

10,000

10,000

10,000

9,375

8,750

8,125

7,500

6,875

6,250

0

0

0

-

-

-

-

Proceeds from Senior Notes

-

-

-

-

-

-

-

75,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Credit Agreement

0

0

441,700

-

-

-

376,300

487,850

494,450

512,750

511,350

412,400

401,800

391,900

392,700

409,100

461,700

467,240

428,600

389,200

439,603

440,063

445,003

490,703

0

0

0

Payments on Credit Agreement

0

0

464,700

-

-

-

450,100

512,150

485,150

448,350

449,650

382,600

399,300

433,100

446,800

448,200

451,000

428,200

471,700

432,200

399,160

414,360

367,260

429,660

0

0

0

Debt issuance costs

-

-

-

-

-

-

-

2,268

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from notes, mortgages, and other debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,378

0

0

0

-

-

-

-

-

-

-

-

Payments of notes, mortgages and other debt

-

-

-

-

-

-

910

1,905

1,895

1,890

1,880

870

675

546

4,206

7,208

10,138

10,330

7,803

4,903

5,165

4,570

2,566

1,942

0

0

0

Payments on finance lease obligations

24,917

25,040

24,446

24,284

23,829

23,616

24,033

24,214

23,563

23,167

22,468

21,760

21,247

20,343

20,946

19,780

17,565

14,058

9,966

9,278

9,837

11,808

12,940

12,240

0

0

0

Cash dividends paid

88,910

90,854

89,648

26,148

26,051

21,423

20,266

18,478

19,320

18,155

17,508

16,820

14,580

15,405

16,121

16,240

16,286

15,035

11,144

7,869

112,691

111,772

113,089

115,058

0

0

0

Proceeds from exercise of stock options

8,251

4,865

4,206

5,908

5,418

12,460

12,296

9,087

8,930

1,424

1,369

4,011

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

7,947

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activities

1,023

429

-362

-361

-2,490

-2,283

-2,033

-2,428

-1,202

-1,534

-1,627

-983

-751

-280

-624

-29

-1,494

-1,193

-338

-672

701

225

1,013

-110

0

0

0

Net cash provided by (used in) financing activities

926,140

909,572

-168,690

-117,655

-115,803

-140,217

-133,746

-94,953

-68,284

-17,840

-21,832

-42,825

-62,218

-109,449

-101,507

-82,964

-34,386

-2,481

1,463

1,791

-20,885

-32,968

-33,466

-31,109

0

0

0

Effect of exchange rate changes on cash

825

-176

263

-175

-338

-367

-840

-585

-360

-556

214

-260

407

-886

-1,272

-428

-1,393

205

-117

-385

-456

-258

-108

-19

0

0

0

Net change in cash

78,554

36,595

-9,037

-8,696

1,351

6,429

9,677

11,137

6,310

2,379

-451

-105

5,685

5,323

4,321

2,932

-4,341

-3,100

127

-308

5,418

4,545

1,684

2,570

0

0

0

SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for income taxes

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash operating, investing and financing activities:
Acquisition of property, plant and equipment under finance lease and incurred lease obligations

-

-

0

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Balance in accounts payable for the acquisition of property, plant and equipment

0

0

0

-

0

0

0

-

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-