Component: (Network and Table)
Network
00500 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.haynesintl.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000858655 (http://www.sec.gov/CIK)
CONSOLIDATED STATEMENTS OF CASH FLOWSPeriod [Axis]
2015-10-01 - 2016-09-30
2014-10-01 - 2015-09-30
2013-10-01 - 2014-09-30
CONSOLIDATED STATEMENTS OF CASH FLOWS
 
 
 
Cash flows from operating activities:
 
 
 
Net income
5,020,000  
30,486,000  
3,751,000  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
 
 
 
Depreciation
20,533,000  
18,997,000  
15,861,000  
Amortization
503,000  
511,000  
416,000  
Pension and post-retirement expense - U.S. and U.K.
19,048,000  
12,592,000  
10,293,000  
Change in long-term obligations
73,000  
(498,000) 
(22,000) 
Stock compensation expense
1,980,000  
2,184,000  
1,769,000  
Excess tax expense from restricted stock vesting
153,000  
55,000  
(614,000) 
Deferred revenue
2,488,000  
(2,500,000) 
(2,500,000) 
Deferred income taxes
1,428,000  
2,810,000  
(1,954,000) 
Loss on disposition of property
438,000  
399,000  
500,000  
Change in assets and liabilities:
 
 
 
Restricted cash
(5,446,000) 
  
Accounts receivable
10,965,000  
(5,011,000) 
9,893,000  
Inventories
6,611,000  
4,073,000  
(22,275,000) 
Other assets
237,000  
117,000  
(336,000) 
Accounts payable and accrued expenses
(1,782,000) 
(8,685,000) 
15,722,000  
Income taxes
3,773,000  
(99,000) 
2,522,000  
Accrued pension and postretirement benefits
(12,035,000) 
(7,036,000) 
(6,080,000) 
Net cash provided by operating activities
53,987,000  
 
48,395,000  
 
26,946,000  
 
Cash flows from investing activities:
 
 
 
Additions to property, plant and equipment
(31,633,000) 
(18,546,000) 
(39,694,000) 
Acquisition of Leveltek – LaPorte assets
 
(14,600,000) 
 
Net cash provided by investing activities
(31,633,000) 
 
(33,146,000) 
 
(39,694,000) 
 
Cash flows from financing activities:
 
 
 
Dividends paid
(10,988,000) 
(10,952,000) 
(10,906,000) 
Proceeds from exercise of stock options
310,000  
 
1,063,000  
Payment for purchase of treasury stock
(289,000) 
(251,000) 
(335,000) 
Excess tax expense from restricted stock vesting
(153,000) 
(55,000) 
614,000  
Payment for debt issuance cost
(291,000) 
  
Payment on long-term obligations
(91,000) 
(173,000) 
 
Net cash used in financing activities
(11,502,000) 
 
(11,431,000) 
 
(9,564,000) 
 
Effect of exchange rates on cash
(600,000) 
(644,000) 
(143,000) 
Increase (decrease) in cash and cash equivalents:
10,252,000  
 
3,174,000  
 
(22,455,000) 
 
Cash and cash equivalents:
 
 
 
Beginning of period
49,045,000  
45,871,000  
68,326,000  
End of period
59,297,000  
 
49,045,000  
 
45,871,000  
 
Supplemental disclosures of cash flow information:
 
 
 
Cash paid during period for:
 
 
 
Interest (net of capitalized interest)
486,000  
347,000  
3,000  
Income taxes paid (refunded), net
(6,471,000) 
14,017,000  
811,000  
Capital expenditures incurred but not yet paid
1,869,000  
1,741,000  
1,293,000  
Capital lease obligation incurred
 
4,500,000