Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.20.2
Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities    
Consolidated net income (loss) $ (48,000) $ 100,200
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation and amortization 98,400 44,300
Impairment charges 82,500 0
Deferred income taxes (23,400) 200
Amortization of deferred financing costs 2,500 900
Share-based compensation 9,400 8,700
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 59,600 (15,500)
Inventories 35,900 (15,000)
Prepaid expenses and other current assets 6,500 (6,000)
Trade accounts payable (76,400) 28,300
accrued compensation, and other current liabilities (46,700) (29,800)
Income taxes payable 15,500 (5,300)
Defined benefit plan and postretirement funding (7,500) (6,800)
Defined benefit plan and postretirement expense 4,600 2,600
Other, net (1,700) 2,800
Net cash provided by operating activities 120,100 109,600
Investing Activities    
Capital expenditures (20,300) (12,600)
Proceeds from sales of property, plant, and equipment 14,200 0
Acquisition of businesses, net of cash acquired (1,503,100) (25,900)
Proceeds from divestiture, net of cash divested   0
Other, net 0 100
Net cash used in investing activities (1,286,800) (38,400)
Financing Activities    
Proceeds from issuance of long-term debt 1,125,200 0
Repayments on long-term debt (27,200) 0
Proceeds from revolving credit facilities 1,157,800 449,700
Repayments on revolving credit facilities (1,158,900) (470,100)
Payment of deferred financing costs (13,700) 0
Payments of dividends on common stock (47,600) (39,400)
Proceeds from stock option exercises 400 2,400
Payments for employee taxes on net settlement equity awards (1,900) (4,200)
Other, net (3,000) (900)
Net cash provided by (used in) financing activities 1,031,100 (62,500)
Effect of exchange rates on cash and cash equivalents 1,100 (200)
Net cash flows (134,500) 8,500
Cash, cash equivalents, and restricted cash:    
At beginning of period 399,400 56,500
At end of period $ 264,900 $ 65,000