v3.20.4
Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating Activities    
Consolidated net income (loss) $ 77,700 $ (800)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation and amortization 29,300 25,900
Gain on divestiture (31,600) 0
Deferred income taxes 14,400 (29,000)
Amortization of deferred financing costs 1,700 500
Share-based compensation 4,200 2,300
Settlement of Milacron share-based equity awards 0 (5,900)
Trade accounts receivable and receivables from long-term manufacturing contracts (32,800) (9,400)
Inventories, net (2,100) 26,300
Prepaid expenses and other current assets (5,100) 14,500
Trade accounts payable (5,500) (1,800)
accrued compensation, and other current liabilities 9,300 (21,300)
Income taxes payable 8,100 6,500
Defined benefit plan and postretirement funding (2,300) (2,700)
Defined benefit plan and postretirement expense 800 1,500
Other, net 100 (600)
Net cash provided by operating activities 66,200 17,800
Investing Activities    
Capital expenditures (5,600) (6,300)
Proceeds from sales of property, plant, and equipment 0 13,300
Acquisition of businesses, net of cash acquired 0 (1,503,100)
Proceeds from divestiture, net of cash divested 59,400 0
Net cash provided by (used in) investing activities 53,800 (1,496,100)
Financing Activities    
Proceeds from issuance of long-term debt 0 725,000
Repayments on long-term debt (220,000) (9,100)
Proceeds from revolving credit facilities 226,000 747,500
Repayments on revolving credit facilities (163,000) (222,500)
Payment of deferred financing costs 0 (5,400)
Payments of dividends on common stock (16,100) (15,800)
Proceeds from stock option exercises 3,200 200
Payments for employee taxes on net settlement equity awards (2,900) (1,800)
Other, net (1,300) 3,300
Net cash (used in) provided by financing activities (174,100) 1,221,400
Effect of exchange rates on cash and cash equivalents 9,700 400
Net cash flows (44,400) (256,500)
Cash, cash equivalents, and restricted cash:    
At beginning of period 311,800 399,400
At end of period $ 267,400 $ 142,900

Source