Component: (Network and Table)
Network
00300 - Statement - Consolidated Statements of Cash Flows
(http://www.matson.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000003453 (http://www.sec.gov/CIK)
Condensed Consolidated Statements of Cash FlowsPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
Condensed Consolidated Statements of Cash Flows
 
 
 
Cash Flows From Operating Activities:
 
 
 
Net income
80,500,000  
103,000,000  
70,800,000  
Reconciling adjustments:
 
 
 
Depreciation and amortization
97,100,000  
83,400,000  
69,700,000  
Deferred income taxes
39,700,000  
50,700,000  
2,700,000  
Loss (gain) on disposal of property
900,000  
1,200,000  
(1,500,000) 
Post-retirement (income) expense
(1,400,000) 
2,000,000  
(5,900,000) 
Share-based compensation expense
11,200,000  
12,200,000  
8,700,000  
Equity in income of related party Terminal Joint Venture
(15,800,000) 
(16,500,000) 
(6,600,000) 
Distributions from Terminal Joint Venture
 
14,000,000  
 
Tax benefit from equity issuance
2,200,000  
2,600,000  
800,000  
Excess tax benefit from stock-based compensation
(300,000) 
(900,000) 
(1,100,000) 
Changes in assets and liabilities:
 
 
 
Accounts receivable, net
14,400,000  
13,500,000  
(15,300,000) 
Deferred dry-docking payments
(59,200,000) 
(25,700,000) 
(14,100,000) 
Deferred dry-docking amortization
38,900,000  
23,100,000  
21,100,000  
Prepaid expenses and other assets
(13,600,000) 
(13,200,000) 
17,300,000  
Accounts payable, accruals and other liabilities
500,000  
(9,400,000) 
13,500,000  
Other long-term liabilities
(37,300,000) 
5,300,000  
5,600,000  
Net cash provided by operating activities
157,800,000  
 
245,300,000  
 
165,700,000  
 
Cash Flows From Investing Activities:
 
 
 
Capital expenditures
(84,900,000) 
(46,500,000) 
(27,500,000) 
Capitalized vessel construction expenditures
(94,500,000) 
(21,300,000) 
(400,000) 
Proceeds from disposal of property and equipment
2,500,000  
5,500,000  
4,900,000  
Cash deposits into Capital Construction Fund
(123,400,000) 
(77,900,000) 
(31,900,000) 
Withdrawals from Capital Construction Fund
92,200,000  
105,400,000  
4,400,000  
Payments for membership interests in Span Alaska, net of cash acquired
(112,600,000) 
  
Payments for Horizon’s common stock, net of cash acquired, and other acquisitions
 
(29,000,000) 
 
Net cash used in investing activities
(320,700,000) 
 
(63,800,000) 
 
(50,500,000) 
 
Cash Flows From Financing Activities:
 
 
 
Proceeds from issuance of debt
275,000,000  
75,000,000  
100,000,000  
Payments of debt
(20,500,000) 
(20,500,000) 
(11,400,000) 
Payment of capital leases
(1,700,000) 
(1,500,000) 
(1,100,000) 
Proceeds from revolving credit facility
1,103,000,000  
588,000,000  
 
Repayments of revolving credit facility
(1,048,000,000) 
(588,000,000) 
 
Payment of financing costs
 
(900,000) 
 
Proceeds from issuance of common stock
1,200,000  
2,200,000  
5,800,000  
Dividends paid
(32,200,000) 
(30,800,000) 
(28,700,000) 
Repurchased of common stock
(38,000,000) 
(4,900,000) 
 
Tax withholding related to net share settlements of restricted stock units
(5,900,000) 
(2,900,000) 
(2,000,000) 
Excess tax benefit from stock-based compensation
300,000  
900,000  
1,100,000  
Payments of Span Alaska debt
(81,900,000) 
  
Payments of Horizon debt and redemption of warrants, net
 
(466,000,000) 
 
Net cash provided by (used in) financing activities
151,300,000  
 
(449,400,000) 
 
63,700,000  
 
Net (Decrease) Increase in Cash and Cash Equivalents
(11,600,000) 
 
(267,900,000) 
 
178,900,000  
 
Cash and Cash Equivalents, Beginning of the Year
25,500,000  
293,400,000  
114,500,000  
Cash and Cash Equivalents, End of the Year
13,900,000  
 
25,500,000  
 
293,400,000  
 
Supplemental Cash Flow Information:
 
 
 
Interest paid, net of capitalized interest
19,800,000  
17,700,000  
15,200,000  
Income tax paid
15,600,000  
40,000,000  
30,200,000  
Non-cash Information:
 
 
 
Capital expenditures included in accounts payable and accrued liabilities
4,100,000  
13,500,000  
1,600,000  
Capital lease obligations
 
1,800,000