Aegion Corp AEGN Cash Flow

Aegion corp (AEGN)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net loss
-1,303	-13,659	6,349	-8,147	-3,991	-2,776	141	7,198	-1,476	-12,384	-74,129	12,178	7,753	18,094	11,787	3,193	-3,949	-33,433	15,223	8,848	1,372	-36,021	-16,231	12,412	4,428	14,725	14,065	13,419	3,337	17,026	20,736	11,938	7,149	15,954	1,316	7,273	3,127	17,833	20,001	16,068	7,978
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,221	-130	-364	-132	-5	-558	-4,977	-921	-	-	-	-	-	-	-	-	-7	-17	-27	-49
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32,800	-16,101	12,776	4,560	14,730	14,623	18,396	4,258	-	-	-	-	-	-	-	-	17,840	20,018	16,095	8,027
Adjustments to reconcile to net cash used in operating activities:
Depreciation and amortization
9,105	9,633	8,915	8,960	8,655	10,163	8,915	9,223	9,554	10,009	10,446	12,112	11,852	12,313	11,251	11,779	11,376	11,745	10,949	10,611	10,486	11,328	11,090	11,045	10,849	11,203	10,957	9,069	9,100	8,915	9,257	9,703	9,783	9,298	8,955	9,777	7,502	7,761	7,746	7,514	7,711
Gain on sale of fixed assets
32	135	-57	276	308	-566	184	134	105	53	-217	107	116	-44	735	726	499	-94	53	770	200	245	57	168	-160	1	22	529	264	151	213	46	-13	10	3	343	17	-54	135	-357	203
Equity-based compensation expense
2,000	1,770	1,757	2,217	2,007	1,637	1,107	2,936	2,158	1,956	1,368	3,640	3,096	2,370	2,073	3,253	2,363	1,140	2,265	2,919	1,663	872	1,081	1,836	1,284	557	1,117	2,138	1,835	1,521	1,236	2,469	1,541	997	1,487	2,180	1,827	1,486	1,507	2,202	1,518
Deferred income taxes
-866	2,263	282	582	19	-1,295	252	433	-38	-4,865	-9,864	-180	5,533	2,385	441	133	-1,187	-875	-202	2,970	-969	-13,019	-3,363	-987	553	-1,152	1,313	-3,203	367	-1,204	-2,254	-382	836	387	-1,487	-389	-1,159	5,695	2,819	-100	-390
Non-cash restructuring charges
463	6,363	5,010	1,560	-151	7,923	2,911	572	2,408	9,978	0	60	42	600	-24	-488	212	3,943	-915	-2,571	1,359	-37,779	17,187	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of affiliated companies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-107	0	0	677	1,256	1,691	1,310	902	1,970	2,002	1,735	652	940	916	762	853	1,821	2,793	1,525	1,152
Loss on sale of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-516	0	0	-472	11,771	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of businesses
436	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-2,864	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on foreign currency transactions
588	-133	330	72	-772	608	-431	-485	-315	-493	-797	-484	-378	440	287	-507	-1,131	204	140	-224	-200	-478	-15	-500	366	-725	-129	-1,442	-129	-911	131	-1,112	843	-271	-584	2,023	-13	-	-	-	-
Other
-145	705	-151	253	-63	-1,397	596	84	-561	433	-21	1,088	62	1,484	449	-1,374	485	-692	-531	997	394	-398	1,362	-1,612	-631	-1,747	2,085	-2,673	747	3,880	1,720	365	-1,172	1,074	857	654	330	383	1,084	-83	-138
Changes in operating assets and liabilities (net of acquisitions):
Receivables net, retainage and contract assets
10,013	-17,904	1,199	10,677	-10,388	-12,426	13,240	22,591	-16,584	-24,193	17,178	6,605	30,257	-26,372	-10,375	13,591	-29,618	-37,021	18,328	-11,032	17,442	-42,172	56,612	17,766	9,005	-19,366	8,881	21,643	-19,380	-4,115	8,322	-711	-11,371	-4,891	38,686	8,624	-5,183	-2,241	15,282	27,724	-1,551
Restricted cash related to operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11	-1,231	-462	-1,833	1,087	35	1,093	312	50	-38	130	-40	126	-57	73	-60	90	-408	677	-63	0	-79	-521	85	-22	-570	-31
Return on equity of affiliated companies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-94	0	0	684	6,664	1,758	2,269	0	-	-	-	-	1,603	693	1,612	3,110	-	-	-	-
Inventories
-4,431	243	-796	2,679	1,287	-5,494	-694	1,659	2,223	-2,719	-210	1,364	3,491	2,059	199	-1,495	1,806	-3,470	-2,137	-4,832	3,455	554	3,127	1,265	340	-2,680	-2,719	5,261	874	-2,957	1,323	5,136	-126	1,138	3,837	118	881	1,205	1,626	11,769	-4,923
Prepaid expenses and other assets
1,346	-2,353	3,928	-5,720	-433	64	7,101	-1,122	-6,657	-2,170	12,500	-13,711	-5,351	-19,853	-962	7,438	-3,382	11,521	17,153	2,600	-2,379	-8,474	4,664	1,174	-829	4,641	1,637	2,495	912	-5,378	4,472	505	-2,353	-1,665	-2,053	2,515	-1,292	-1,559	776	2,868	-1,546
Accounts payable and accrued expenses
-11,922	1,765	-2,589	12,130	-18,017	-7,083	9,704	14,769	-24,729	-4,923	26,936	6,778	-9,988	-8,324	-3,790	1,178	-39,086	-7,605	3,321	27,848	-24,146	-13,682	20,444	16,887	-17,652	6,012	7,289	21,639	-25,996	16,614	3,933	5,395	-13,308	-1,800	18,673	5,079	-22,741	-10,798	3,443	8,315	-4,741
Contract liabilities
2,419	6,526	3,621	-749	-4,307	-2,607	-8,921	-3,756	-8,860	3,945	20,634	-12,425	-18,078	-27,973	-5,197	9,081	-3,672	13,721	10,958	4,125	16,896	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating
176	-1,714	1,419	-513	873	-853	1,249	-383	-470	1,719	389	-10	-300	1,984	-526	70	-582	-319	-761	932	-981	28	554	-1,765	781	2,491	-50	1,233	-1,381	908	-2,000	546	-319	-1,477	1,829	499	1,195	-	-	-	-
Net cash provided by operating activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,512	24,633	10,238	6,682	-	-	-	-	-	-	-	-	24,823	15,497	10,168	2,987
Net cash used in operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,418	-1,320	-5,768	-3,091	-	-	-	-	-	-	-	-	887	258	-290	-409
Net cash used in operating activities
-8,119	47,163	17,472	20,776	-6,597	25,644	3,828	8,921	1,276	31,086	32,991	27,204	-27,687	34,463	26,793	11,887	-1,982	63,497	10,097	70,630	-12,201	72,218	-10,330	27,864	-8,929	52,930	23,313	4,470	3,591	52,029	11,687	27,822	19,183	31,923	-14,511	10,073	-4,601	24,818	15,755	9,878	2,578
Cash flows from investing activities:
Capital expenditures
6,134	7,380	7,064	6,264	8,064	8,284	8,614	8,427	5,189	8,315	9,686	8,922	3,907	7,275	12,040	9,385	10,060	8,117	9,250	7,853	4,234	7,781	11,334	8,164	5,620	6,006	6,958	8,133	4,988	11,028	12,402	9,861	11,447	5,196	5,071	7,312	3,692	8,228	8,809	9,627	10,194
Proceeds from sale of fixed assets
125	69	302	675	293	2,081	360	311	284	284	-7	265	165	227	657	1,470	956	1,467	520	889	297	407	311	449	380	1,579	219	928	709	1,002	550	135	2,714	102	54	458	141	101	80	150	151
Patent expenditures
86	1	95	128	69	102	-12	161	48	39	94	-43	289	9	123	370	541	-140	67	1,569	7	-65	258	1,053	677	1,563	110	148	211	132	74	127	219	163	267	414	286	170	173	329	674
Restricted cash related to investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,086	3,538	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other acquisition activity
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-427	0	85,167	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other acquisition activity, net of cash acquired
-	-	-	-	-	-	-	-	-	-	0	0	9,045	0	5,532	5,535	500	-216	0	399	6,479	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of Bayou, net of cash disposed
-	-	-	-	-	-	-	-	-	-	-	-	-	-6,599	2,000	0	4,599	0	0	0	0	-9,065	0	0	9,065	18,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sale of businesses, net of cash disposed
3,358	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment to Fyfe Asia sellers for final net working capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,093	-1,093	1,098	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipt of cash from Hockway sellers due to final net working capital requirements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,048	-	-	-	-	-	-	-	-
Purchase of Singapore licensee
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,257
Net cash used in investing activities
-2,737	-7,312	-6,857	-5,717	-7,840	-6,305	23,700	-11,277	-4,953	-8,070	-9,787	-8,614	-13,076	-5,971	-14,611	-13,820	-91,799	-9,832	-9,890	-7,839	-11,521	-5,384	-11,281	-8,678	3,148	-5,919	-150,612	11,721	-4,490	-9,738	-12,364	-49,832	-11,484	-7,341	-123,978	-30,907	-3,837	-8,297	-8,902	-9,806	-11,974
Cash flows from financing activities:
Proceeds from issuance of common stock upon stock option exercises, including tax effects
-	-	-	-	-	-	-	-	-	-	-	-	-	1,781	24	-25	38	1,167	0	-100	1,399	0	3,602	3,726	1,287	-309	2	263	638	338	222	-53	671	-390	697	664	2,639	-	-	-10	2,006
Proceeds from issuance of common stock upon stock option exercises
0	0	0	0	956	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions/dividends to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	277	953	776	-	-	-	-
Repurchase of common stock
5,045	2,250	2,972	10,951	14,220	7,153	13	4,939	13,670	6,119	10,696	10,526	10,508	7,857	11,397	8,875	16,325	5,863	15	14,304	7,622	34	10,390	15,186	5,475	8,631	3,195	11,240	4,582	5,954	90	227	6,037	-	-	-	-	-	-	-	-
Investments from non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,019	3,920	245	160	0	141	897	0	0	1,681
Distributions to non-controlling interests
0	200	0	1,313	96	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	617	287	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment of contingent consideration
-	-	-	-	-	-	-	-	-	0	0	0	500	0	0	500	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit facility amendment fees
-	-	-	-	-	564	0	0	1,093	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (payments on) notes payable, net
0	-546	94	41	138	208	4	-546	568	489	150	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,878	177	80	633	-	-	-	-	0	34	133	1,641
Proceeds from notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,505	0	1,284	0	0	0	132	50	1,359	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from line of credit, net
34,000	-15,000	1,000	-6,000	13,000	12,000	-28,000	4,000	5,000	-12,000	-3,000	7,000	10,000	0	0	2,000	34,000	-71,500	0	0	26,000	8,000	10,000	0	0	-	-	-	-	0	0	0	26,000	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	7	-7	983	-	-	-	-	-	-	-	-
Principal payments on long-term debt
8,750	8,750	6,563	6,562	6,563	6,562	6,563	6,562	6,563	6,562	6,335	4,375	4,375	4,375	4,375	4,375	4,375	277,628	6,529	6,562	33,031	6,562	6,562	4,376	4,539	4,375	236,625	6,250	6,250	6,250	6,250	6,250	6,250	6,250	92,500	2,500	2,500	2,500	2,500	2,500	2,500
Other financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-96	-86	-87	-	-	-	-
Net cash provided by (used in) financing activities
20,205	-26,200	-8,629	-24,867	-7,061	-2,019	-34,580	-6,955	-16,894	-23,369	-19,759	-7,936	-5,383	-10,451	-15,748	-13,051	13,338	-7,945	-7,700	-22,841	-11,749	-7,379	-2,066	-15,836	-9,344	-13,785	140,801	-19,289	-8,835	-12,197	-3,530	-2,748	18,654	-10,674	132,941	20,596	-583	-74	-2,169	-2,643	-454
Effect of exchange rate changes on cash
-1,291	-2,025	-1,196	-103	329	-1,679	-1,536	-2,700	1,870	3,264	-4,767	7,127	929	-2,709	6,038	-2,083	-3,394	-1,608	2,005	-2,803	-3,569	-431	-6,528	-942	818	-1,868	-5,047	2,373	-4,985	2,268	-1,204	1,033	-2,032	-4,519	-5,716	899	1,535	152	3,405	-2,509	-993
Net increase (decrease) in cash, cash equivalents and restricted cash for the period
8,058	11,626	790	-9,911	-21,169	15,641	-8,588	-12,011	-18,701	2,911	-1,322	17,781	-45,217	15,332	2,472	-17,067	-83,837	44,112	-5,488	37,147	-39,040	59,024	-30,205	2,408	-14,307	31,358	8,455	-725	-14,719	32,362	-5,411	-23,725	24,321	9,389	-11,264	661	-7,486	16,599	8,089	-5,080	-10,843
Supplemental disclosures of cash flow information: