Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.20.1
Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities    
Consolidated net (loss) income $ (73,000) $ 68,500
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation and amortization 64,500 29,200
Impairment charges 82,500 0
Deferred income taxes (47,000) 8,700
Amortization of deferred financing costs 1,400 600
Share-based compensation 5,700 5,800
Settlement of Milacron share-based equity awards (5,900) 0
Net loss on divestiture 3,000 0
Trade accounts receivable and receivables from long-term manufacturing contracts 37,700 (24,800)
Inventories 35,400 (12,100)
Prepaid expenses and other current assets 8,700 (800)
Trade accounts payable (41,000) 12,700
accrued compensation, and other current liabilities (45,700) (24,600)
Income taxes payable 14,400 (12,800)
Defined benefit plan and postretirement funding (5,200) (4,600)
Defined benefit plan and postretirement expense 3,200 1,700
Other, net (5,200) (1,000)
Net cash provided by operating activities 45,300 46,500
Investing Activities    
Capital expenditures (15,000) (8,300)
Proceeds from sales of property, plant, and equipment 13,300 0
Acquisition of businesses, net of cash acquired (1,503,100) (26,200)
Proceeds from divestiture, net of cash divested 222,400 0
Other, net 0 100
Net cash used in investing activities (1,282,400) (34,400)
Financing Activities    
Proceeds from issuance of long-term debt 725,000 0
Repayments on long-term debt (9,100) 0
Proceeds from revolving credit facilities 1,082,800 342,000
Repayments on revolving credit facilities (544,700) (323,800)
Payment of deferred financing costs (7,000) 0
Payments of dividends on common stock (31,700) (26,200)
Proceeds from stock option exercises 200 1,400
Payments for employee taxes on net settlement equity awards (1,800) (4,200)
Other, net (1,100) (500)
Net cash provided by (used in) financing activities 1,212,600 (11,300)
Effect of exchange rates on cash and cash equivalents (500) 2,100
Net cash flows (25,000) 2,900
Cash, cash equivalents, and restricted cash:    
At beginning of period 399,400 56,500
At end of period $ 374,400 $ 59,400