Woodward, inc. (WWD)

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'11Dec'10Sep'10Jun'10Mar'10Dec'09
Cash flows from operating activities:
Net earnings

0

0

-

-

0

0

-

-

-

-

200,507

201,426

198,847

201,566

180,838

167,751

160,457

163,488

181,452

183,054

185,302

186,245

165,844

166,647

144,309

141,957

145,942

139,596

144,235

140,541

141,589

137,160

144,914

138,252

132,235

123,220

119,029

111,115

111,162

0

0

0

Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization

0

0

-

-

0

0

-

-

-

-

80,917

78,702

75,422

70,887

69,036

69,402

70,607

73,724

75,235

75,427

75,767

76,810

77,353

75,693

75,176

75,408

74,233

70,967

70,275

68,131

68,617

71,964

74,218

74,923

75,393

76,460

75,031

75,577

75,616

0

0

0

Impairment of assets held for sale

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (gain) loss on sales of assets

0

0

-

-

0

0

-

-

-

-

3,604

3,841

6,492

6,528

4,431

4,048

1,509

2,168

626

716

688

-135

-166

-94

-266

128

100

-22

142

-7

-16

-131

-571

-640

-644

-397

187

273

131

0

0

0

Stock-based compensation

0

0

-

-

0

0

-

-

-

-

17,282

17,435

17,463

7,932

15,122

16,436

17,787

17,897

14,255

13,588

12,801

12,156

11,241

10,798

10,365

9,870

9,414

9,303

8,716

8,419

8,628

7,900

7,768

7,933

6,590

6,870

6,916

6,450

6,686

0

0

0

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

3,037

2,920

3,346

5,154

4,967

4,707

4,387

3,990

4,755

5,002

3,019

3,558

6,108

6,810

7,057

5,115

0

0

0

Deferred income taxes

0

0

-

-

0

0

-

-

-

-

22,772

33,009

33,341

-57,735

-52,744

-73,457

-69,620

21,596

15,504

668

-770

-2,615

-6,704

2,635

9,454

9,993

8,348

-3,857

-5,451

-6,705

-3,730

-9,219

-15,702

-12,537

-10,321

10,212

12,520

10,477

16,358

0

0

0

(Gain) loss on derivatives reclassified from accumulated comprehensive earnings into earnings

-

-

-

-

-

-

-

-

-

-

-

72

72

26

-21

-64

-107

-103

-99

-100

-99

-99

-99

-116

-134

-153

-171

-171

-172

-172

-174

-188

-202

-215

-229

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Reclassification of unrecognized losses to earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Trade accounts receivable

0

0

-

-

0

0

-

-

-

-

53,151

23,150

1,532

-3,708

9,190

10,488

-42,094

-45,671

-14,845

-39,074

2,111

-1,545

-30,880

-22,793

-23,925

7,971

9,774

26,474

22,100

31,377

59,061

45,474

52,933

29,910

49,393

59,952

58,917

47,252

40,688

0

0

0

Unbilled receivables (contract assets)

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs to fulfill a contract

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

0

0

-

-

0

0

-

-

-

-

10,857

9,546

19,762

30,199

17,658

20,381

18,657

11,805

8,824

33,558

36,175

29,253

27,788

20,181

4,557

6,587

1,485

-8,052

8,107

4,809

18,702

46,172

51,981

74,565

76,643

77,840

62,317

31,814

-5,896

0

0

0

Accounts payable and accrued liabilities

0

0

-

-

0

0

-

-

-

-

64,659

26,354

4,361

19,714

17,461

38,349

-13,936

2,461

3,029

-9,630

55,919

22,830

25,804

25,948

8,887

26,544

16,062

14,652

27,675

5,771

11,688

24,521

2,262

4,579

27,679

7,713

11,214

18,953

34,426

0

0

0

Contract liabilities

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

0

0

-

-

0

0

-

-

-

-

3,323

-50,952

-89,295

3,952

-834

61,594

93,486

-19,346

-7,487

-17,649

-14,953

5,759

9,378

9,653

324

-10,214

-9,020

9,219

15,610

11,540

7,594

4,462

11,073

14,097

19,064

0

0

0

-

-

-

-

Current income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Retirement benefit obligations

0

0

-

-

0

0

-

-

-

-

-2,932

-2,834

-3,162

-3,439

-3,416

-4,075

-4,016

-3,811

-4,537

-3,477

-2,792

-2,864

-2,788

-15,360

-15,671

-15,313

-15,974

-1,779

-880

-274

745

-5,858

-7,506

-7,408

-8,322

-16,625

-15,600

-14,015

-13,672

0

0

0

Other

0

0

-

-

0

0

-

-

-

-

10,087

9,882

5,475

9,509

8,873

4,166

-7,596

-7,162

-13,045

-16,052

-2,041

-789

5,514

2,371

-4,520

-6,648

-9,892

1,484

478

5,326

9,511

3,372

1,211

3,426

-1,026

-586

7,128

1,136

7,246

0

0

0

Net cash provided by operating activities

301,833

333,341

390,608

356,411

383,528

386,537

299,292

285,822

234,261

252,653

307,537

256,696

203,691

450,370

435,379

486,981

534,396

295,494

295,990

261,170

272,202

266,993

273,570

273,465

254,249

227,051

222,592

213,477

224,874

181,759

144,113

131,476

106,673

109,774

114,623

69,763

78,767

130,480

184,572

0

0

0

Cash flows from investing activities:
Payments for purchase of property, plant, and equipment

74,086

84,952

99,066

115,448

123,003

130,036

127,140

116,858

107,761

99,728

92,336

112,139

119,429

163,619

175,692

224,375

276,526

273,122

286,612

293,441

247,948

216,578

207,106

167,615

162,976

148,855

141,600

99,191

81,561

77,540

64,900

59,839

58,654

55,296

48,255

41,910

34,092

29,337

28,104

0

0

0

Proceeds from sale of assets

19,570

19,570

1,010

1,519

996

2,040

1,923

1,259

1,259

193

3,743

4,614

8,234

8,494

6,664

5,790

2,296

4,291

2,529

3,505

3,468

1,327

1,277

322

252

447

418

406

388

234

283

260

254

117

59

74

86

248

312

0

0

0

Proceeds from sales of short-term investments

-

-

22,252

0

0

0

-

-

-

-

5,313

0

0

758

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for purchases of short-term investments

25,776

25,778

26,723

21,488

9,485

9,479

9,323

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

198,860

198,860

198,860

198,860

0

0

0

0

-

-

-

-

25,000

0

0

0

Net cash used in investing activities

-55,615

-68,935

-102,527

-125,086

-892,230

-899,475

-896,567

-879,453

-106,607

-104,357

-91,866

-114,785

-111,119

-159,285

-173,946

-218,585

-274,230

-268,831

-284,083

-289,936

-244,480

-215,251

-205,829

-167,293

-162,724

-148,408

-340,042

-297,645

-280,033

-276,166

-64,617

-59,579

-97,344

-94,123

-87,140

-80,780

-34,006

-28,429

-52,132

0

0

0

Cash flows from financing activities:
Cash dividends paid

47,677

40,322

39,066

37,782

36,495

35,155

34,003

32,875

31,752

30,622

29,745

28,841

27,935

27,064

26,606

26,202

25,980

25,717

24,646

23,527

22,261

21,065

21,263

21,466

21,654

21,840

21,866

21,917

21,974

22,002

21,351

20,672

19,976

19,268

18,581

17,878

17,826

17,119

17,085

0

0

0

Proceeds from sales of treasury stock

24,620

40,218

36,044

35,745

29,722

11,127

9,132

8,743

6,532

10,741

14,195

15,914

21,827

19,483

15,892

12,996

11,228

8,261

8,400

9,328

6,085

7,041

9,772

9,311

7,984

11,616

8,370

7,971

7,701

4,951

6,286

6,158

6,292

3,598

2,482

1,368

1,652

2,285

1,999

0

0

0

Payments for repurchases of common stock

-

-

-

-

-

-

-

-

-

-

71,751

61,781

69,503

118,833

125,541

127,186

244,464

157,356

158,762

158,854

75,687

131,726

143,224

141,488

128,265

89,370

45,754

57,983

46,942

39,447

44,110

31,881

14,312

4,663

6,837

0

0

0

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

3,037

2,920

3,346

5,154

4,967

4,707

4,387

3,990

4,755

5,002

3,019

3,558

6,108

6,810

7,057

5,115

0

0

0

Borrowings on revolving lines of credit and short-term borrowings

1,606,231

1,602,328

1,683,542

1,447,414

1,986,198

2,014,158

1,930,261

2,169,105

1,631,480

1,648,300

1,506,000

1,241,000

1,079,200

791,650

695,000

690,001

1,044,971

1,114,971

999,971

944,970

430,000

370,977

431,071

438,071

395,071

329,166

179,072

99,808

86,562

128,044

187,865

223,588

277,725

212,685

164,557

160,464

101,511

102,102

106,019

0

0

0

Payments on revolving lines of credit and short-term borrowings

1,653,642

1,630,317

1,690,035

1,463,355

1,735,846

1,767,902

1,691,934

1,906,924

1,723,850

1,742,550

1,630,100

1,516,100

1,211,900

1,068,098

890,896

675,596

990,206

877,208

856,610

731,610

322,000

264,975

221,069

308,224

295,224

235,249

179,484

69,731

113,985

138,062

187,591

259,759

245,385

201,311

182,728

115,485

97,543

99,645

83,980

0

0

0

Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250,000

250,000

250,000

250,000

200,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments of long-term debt and finance lease obligations

44,024

43,842

143,535

143,508

100,476

100,447

421

420

418

416

412

406

57,416

57,389

107,287

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of debt financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,297

2,948

2,948

2,948

1,651

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

300,000

300,000

340,000

41,875

58,800

60,725

22,651

33,365

18,370

18,376

18,430

18,430

26,428

34,420

93,420

128,420

0

0

0

Net cash used in financing activities

-201,338

-184,484

-265,599

-274,204

497,017

514,744

605,998

620,792

-127,977

-162,294

-211,813

-171,769

-87,282

-281,806

-260,993

-233,175

-256,885

10,070

-34,006

35,310

13,974

-39,506

3,990

-73,200

-91,609

-94,772

102,473

104,315

55,344

113,035

-90,461

-98,366

-11,215

-24,370

-55,979

-818

-59,286

-118,210

-128,985

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-7,334

-3,548

-7,003

-8,218

-23,159

-15,951

-12,681

-1,764

21,517

18,892

2,604

741

-11,082

-12,816

-1,552

-4,486

703

-10,773

-10,986

-15,002

-17,600

-8,364

-5,000

1,898

2,091

1,263

1,704

922

-1,856

448

-1,745

-6,226

-2,604

-2,209

-2,544

5,725

2,784

847

1,261

0

0

0

Net change in cash and cash equivalents

37,546

76,374

15,479

-51,097

-34,844

-14,145

-3,958

25,397

21,194

4,894

6,462

-29,117

-5,792

-3,537

-1,112

30,735

3,984

25,960

-33,085

-8,458

24,096

3,872

66,731

34,870

2,007

-14,866

-13,273

21,069

-1,671

19,076

-12,710

-32,695

-4,490

-10,928

-31,040

-6,110

-11,741

-15,312

4,716

0

0

0