Aceto corp (ACET)
CashFlow / Quarterly
Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
Operating activities:
Net loss

-22,350

-21,092

-34,726

-267,985

-13,864

454

1,967

5,588

-564

4,385

6,774

10,424

8,270

9,298

11,031

8,411

6,608

4,828

5,554

5,356

6,755

11,335

5,402

7,593

4,513

4,820

3,981

5,379

4,588

3,033

3,494

3,846

-1,169

2,797

Adjustments to reconcile net (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization

8,117

8,043

8,204

8,061

8,246

8,301

8,453

8,381

3,752

3,168

3,222

3,251

3,136

3,089

2,909

2,967

2,944

3,029

2,597

1,927

1,793

1,774

1,741

1,728

1,750

1,725

1,758

1,724

1,731

1,729

1,966

1,853

872

811

Amortization of debt issuance costs and debt discount

1,623

1,600

1,578

1,555

1,535

1,513

1,492

1,471

1,452

1,432

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

282

282

283

281

282

270

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

-4

-7

211

139

181

-15

15

55

-15

-58

93

32

-74

25

168

105

45

166

-177

226

-111

70

348

31

-7

37

71

0

123

17

-

-

-

-

Non-cash stock compensation

478

-24

1,340

1,928

1,368

3,146

1,717

1,521

2,054

1,664

1,754

1,759

1,739

1,467

1,130

1,128

1,150

1,129

740

644

974

798

435

447

462

444

287

283

317

281

240

213

181

220

Unrealized gain on trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-65

-12

41

44

67

Deferred income taxes

-7

146

1,929

6,887

5,926

-1,099

-1,131

-5

-773

1,405

271

-105

-661

477

-874

-352

-608

-40

-2,859

-5

-225

6

-2,381

-216

12

-64

-2,234

700

-156

-87

-790

-43

96

62

Environmental charge

-

-

920

0

0

902

0

733

0

170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings on equity investment in joint venture

768

708

183

904

855

231

778

514

719

325

211

1,101

639

109

-6

425

886

456

255

871

585

313

42

531

893

324

-4

271

712

619

98

461

787

278

Changes in assets and liabilities:
Trade accounts receivable

-29,656

45,332

-27,609

17,365

1,199

-21,137

19,359

36,239

-12,259

-9,141

-8,446

23,616

-15,147

6,126

7,090

4,819

22,371

5,894

10,539

12,784

-6,147

2,224

-5,806

18,673

521

1,597

-8,168

7,422

11,638

-16,603

3,298

15,103

-1,893

-18,423

Other receivables

-595

-582

-5,770

517

3,294

-149

1,479

-192

-1,008

-464

-1,395

3,300

-990

-1,051

3,430

3,128

808

-320

-1,869

318

-884

1,082

1,094

830

1,379

-618

518

-541

-310

-1,113

-454

-6,975

-1,199

969

Inventory

28,194

19,639

-3,080

-6,854

12,181

-2,225

-820

-5,208

2,881

6,105

-1,631

-6,298

16,025

-5,607

-2,466

7,242

1,999

-6,546

-6,304

4,914

6,798

2,356

-3,208

-9,703

10,795

484

3,890

2,708

4,890

-1,562

-205

-12,368

9,745

604

Prepaid expenses and other current assets

1,095

1,657

-153

455

-472

944

-1,633

-64

-490

978

-362

205

-753

1,153

345

-1,735

-265

1,351

-364

637

-867

826

-96

726

-484

548

-65

539

-418

538

-406

73

-286

119

Other assets

-3,182

481

-1,759

1,249

619

334

372

-33

-487

305

981

-435

117

-106

7

-132

-639

-490

1,275

-373

-970

11

7

-541

-113

37

-149

0

-733

126

213

-62

-180

354

Accounts payable

9,208

16,691

-17,495

18,003

8,522

7,699

-21,954

21,169

-5,447

3,135

-14,541

2,955

8,470

-5,821

-1,334

7,920

5,904

-4,357

-2,894

8,172

-2,054

1,992

-11,187

6,627

5,605

-4,273

-4,260

8,129

6,217

-11,064

6,983

1,223

5,126

-10,859

Accrued expenses and other liabilities

-8,787

15,161

42,467

516

8,420

792

35,312

3,387

-1,546

-6,543

2,025

3,609

-8,386

-4,937

-3,015

40

10,100

-5,309

10,731

-36

-674

-1,153

3,585

6,834

5,647

-3,259

-431

-1,067

1,720

-6,056

-146

-8,796

1,906

-6,429

Net cash (used in) provided by operating activities

-8,064

-46,435

45,391

9,510

2,940

43,965

13,016

11,344

9,557

10,650

14,808

755

13,294

2,974

1,787

6,472

983

-899

11,970

-2,867

7,943

8,010

8,059

15,368

4,991

-2,942

5,148

4,749

-829

5,913

9,215

2,125

64

2,634

Investing activities:
Purchases of investments

7

653

223

197

28

2,655

211

787

20

1,017

15

-18

21

16

1,600

19

18

1,083

7

29

16

56

1,546

102

1,018

32

17

1,062

-395

471

-

-

-

-

Maturities of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

505

-

-

-

-

Payments received on notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

81

9

260

-

-

-

-

Sales of investments

-9

2,673

197

173

48

1,646

-

-

-

-

1,511

-17

17

1,006

-

-

-

-

-

-

-

-

1,000

0

27

1,002

-

-

-

-

-

-

-

-

Payments for intangible assets

806

520

692

87

638

54

282

205

1,278

1,594

298

1,101

3,400

6,450

54

570

19

921

-

-

-

-

942

371

21

171

0

117

492

117

891

413

422

327

Purchases of property and equipment, net

313

185

1,094

1,636

1,535

1,506

507

730

115

541

250

153

413

312

36

70

286

225

436

147

206

356

120

137

438

327

406

147

431

114

592

3,014

1,470

349

Net cash provided by (used in) investing activities

-1,135

1,315

-1,812

-1,747

-2,153

-2,569

-866

-947

-271,413

-3,152

948

-1,253

-3,817

-5,772

-1,690

-659

-323

-2,229

-85,434

-387

-400

-412

-1,608

-610

-1,450

472

452

-1,245

-1,024

63

-4,994

-3,427

-60,103

-676

Financing activities:
Excess income tax benefit on stock option exercises and restricted stock

-

-

-

-

-

-

-5

-18

132

437

50

139

210

820

120

10

147

513

166

450

904

232

192

95

174

158

116

12

11

9

-3

18

84

18

Payment of cash dividends

-

-

364

1,995

1,994

1,935

1,887

1,983

2,007

1,954

-

-

-

-

1,732

1,759

1,732

1,741

1,691

1,714

1,736

1,665

1,535

1,504

1,500

1,477

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

11

0

522

73

1

40

325

185

76

269

269

115

234

84

111

844

493

690

1,611

861

4,296

837

548

576

422

76

101

21

0

337

202

77

Payment of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings of bank loans

-

-

-

-

-

-

-

-

-

-

0

0

5,000

10,500

5,000

7,000

2,000

5,000

-

-

-

-

3,000

0

3,000

4,000

-

-

-

-

15,050

0

45,000

5,000

Repayment of bank loans

66

3,799

3,783

8,816

6,799

23,783

25,799

16,800

49

49

49

49

112,050

10,549

2,050

8,049

2,049

2,196

23,048

2,049

9,800

5,816

14,799

3,783

3,566

1,548

4,534

1,549

1,549

1,600

-

-

-

-

Net cash used in financing activities

-372

-3,799

-4,136

-10,811

-8,271

-25,645

-17,690

-18,761

257,994

-1,381

-1,656

-1,429

14,554

-614

72

-7,714

-3,023

2,420

82,065

-4,123

-1,021

-6,388

-8,846

-4,355

-2,814

1,709

-6,666

-5,622

-1,437

-1,570

2,836

-3,243

45,286

5,095

Effect of exchange rate changes on cash

-194

-408

-601

150

314

669

1,258

318

-1,272

197

-365

671

-512

222

142

-1,606

-1,090

-1,520

-87

-207

387

617

203

-306

256

242

-683

487

-654

-884

623

724

-555

2,210

Net (decrease) increase in cash

-9,765

-49,327

38,842

-2,898

-7,170

16,420

-4,282

-8,046

-5,134

6,314

13,735

-1,256

23,519

-3,190

311

-3,507

-3,453

-2,228

8,514

-7,584

6,909

1,827

-2,192

10,097

983

-519

-1,749

-1,631

-3,944

3,522

7,680

-3,821

-15,308

9,263

Dividends declared but not paid

-

306

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-