American Outdoor Brands Corporation AOBC Cash Flow

American outdoor brands corporation (AOBC)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10
Cash flows from operating activities:
Net income
14,740	3,285	8,657	18,410	16,250	33,371	29,938	20,128	40,157	61,215	90,467	127,854	135,808	134,786	114,768	93,958	80,199	56,885	49,469	49,613	52,781	65,448	77,384	89,305	89,415	83,205	87,403	78,713	66,014	55,878	33,101	16,105	4,778	-52,498	-88,189	-82,769	0	0	0
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:
Depreciation and amortization
55,318	55,858	55,353	53,859	52,924	51,752	51,158	52,075	51,801	52,758	53,662	50,213	47,588	43,943	40,527	41,237	40,533	38,976	35,818	30,893	26,834	23,535	22,126	21,704	20,773	19,808	18,428	16,730	16,224	15,680	15,843	15,487	13,735	14,088	13,451	13,230	0	0	0
Loss on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,222	0	0	0	-	-	-	-	-	-	-	-
Loss/(gain) on sale/disposition of assets
-	-	-	454	1,025	1,028	-46	-44	-37	-29	-90	-99	-216	-341	-207	-256	-459	-372	-418	-267	-44	13	12	-150	-90	-100	-403	-315	-311	-257	-72	-285	0	0	0	-	-	-	-
Provision for losses on notes and accounts receivable
779	1,306	1,639	1,060	1,519	783	819	991	1,671	1,592	1,736	1,546	688	891	533	511	-89	-180	120	122	-81	-17	-5	-214	422	373	453	720	239	551	-30	-465	766	556	885	1,379	0	0	0
Deferred income taxes
-	-	-	-2,795	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	480	0	0	0
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-1,640	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,060	0	0	0
Change in disposal group assets and liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,215	-989	-770	4,384	5,467	0	0	0	-	-	-	-
Stock-based compensation expense
3,266	7,056	7,590	7,992	8,121	7,588	7,917	7,815	7,971	8,851	8,686	8,590	7,970	7,143	6,719	6,472	6,444	6,254	5,774	5,808	5,810	6,239	7,589	8,212	7,638	6,941	5,422	4,073	3,773	3,266	2,750	2,484	2,501	1,887	1,699	1,680	0	0	0
Changes in operating assets and liabilities:
Excess book deduction of stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	144	760	792	773	739	0	0	0
Accounts receivable
27,116	30,833	30,174	28,997	2,070	-16,990	-51,118	-51,380	2,852	10,059	27,283	40,709	-28,528	10,991	3,940	2,254	28,692	-9,309	-9,500	-10,983	-2,205	-19,751	-3,101	9,588	14,213	14,420	920	-1,505	1,402	9,280	-6,029	-5,089	-2,822	-274	10,267	1,443	0	0	0
Inventories
28,113	25,494	28,673	10,533	11,243	-3,128	1,124	16,971	29,634	50,403	41,696	22,171	20,499	-8,849	-2,527	804	-21,476	-11,282	-24,072	-25,662	-5,495	20,103	35,111	23,744	17,599	10,926	405	7,702	13,159	10,928	10,879	9,235	6,254	2,637	-4,291	1,732	0	0	0
Prepaid expenses and other current assets
2,097	665	100	-359	-726	-524	-384	-514	244	206	1,939	1,619	504	189	-3,595	-1,999	-1,543	-1,630	1,839	569	1,774	2,806	1,849	1,856	1,004	908	84	285	1,778	-1,197	262	-950	-2,048	-383	646	1,680	0	0	0
Income taxes
1,561	4,920	1,715	-1,780	-6,063	-10,767	-11,847	-5,848	10,719	5,202	23,580	13,745	-388	-696	-6,731	328	-2,968	2,132	-882	-8,965	-7,228	7,236	-8,717	1,534	2,869	6,347	-2,974	3,384	48	-12,449	2,666	-4,804	2,900	-1,328	-1,382	657	0	0	0
Accounts payable
-882	-1,077	1,298	3,392	51	-6,785	-12,167	-20,998	-21,545	-8,603	-11,279	1,233	12,510	15,181	10,216	13,048	14,425	5,839	-2,569	-7,345	-26,528	-22,340	1,970	6,468	21,000	21,168	8,212	2,602	562	-4,877	-5,677	-8,716	6,328	6,305	10,315	11,712	0	0	0
Accrued payroll and incentives
-2,140	-2,196	737	10,959	6,258	3,208	644	-10,754	-8,991	-5,924	-1,459	988	2,136	628	-186	11,228	8,427	5,359	662	-9,525	-6,275	-4,705	-525	2,720	539	2,493	-43	3,489	2,775	1,805	898	3,693	2,825	1,600	-108	-4,031	0	0	0
Accrued profit sharing
119	284	1,979	1,547	980	-1,691	-13,078	-11,721	-9,265	-4,155	-403	1,545	1,990	3,108	7,106	5,294	4,125	1,152	-4,398	-4,895	-3,938	-2,774	-125	1,473	557	520	2,220	1,547	3,509	-1,301	4,890	3,959	1,342	-3,499	-3,313	-3,118	0	0	0
Accrued expenses and deferred revenue
1,868	4,767	-5,300	-7,193	-2,289	-7,392	-11,472	-8,424	1,567	3,919	13,913	21,238	4,889	7,175	10,554	3,929	5,362	3,408	-2,278	1,361	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued taxes other than income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	503	1,735	598	1,079	1,438	1,527	-6,363	-7,151	439	-2,521	8,678	8,892	0	0	0
Accrued warranty
-1,065	-1,356	-1,180	-1,224	164	661	1,301	1,915	-952	-1,269	-1,296	-1,415	-289	25	-190	-275	1,063	1,166	998	891	-181	-537	-753	-244	260	544	695	408	147	-484	1,986	2,169	1,643	2,484	-458	-529	0	0	0
Accrued other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-3,324	-703	-1,814	-877	-3,964	3,531	3,114	2,374	0	0	0
Accrued product/municipal liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-918	-910	-981	-1,187	-249	-318	-274	-193	0	0	0
Other assets
-1,748	-661	181	671	4	15	262	417	433	-850	-957	-1,029	-941	264	1,080	237	383	367	-460	348	299	-288	-4,132	356	2,026	2,672	6,702	1,930	170	149	-8	189	543	1,587	1,656	1,453	0	0	0
Other non-current liabilities
-3,365	-2,642	-857	-377	-139	-163	58	351	-1,559	-2,703	-2,962	-3,260	-1,030	296	-1,097	-1,029	-975	-1,286	203	583	240	566	-900	-360	914	668	1,904	1,327	399	737	945	714	-1,436	-1,641	-308	-1,186	0	0	0
Net cash (used in)/provided by operating activities
11,664	13,793	17,673	57,450	86,892	101,346	106,774	61,643	9,548	31,550	48,474	123,576	204,338	207,170	192,542	168,557	158,603	140,996	120,652	114,807	65,928	62,795	81,975	90,206	105,559	108,310	107,830	98,098	76,358	53,679	62,207	37,372	45,959	28,544	34,738	38,359	0	0	0
Cash flows from investing activities:
Refunds on machinery and equipment
-	-	-	-	-	-	-	-	-	-	-	-2,776	2,574	267	-2,810	1,128	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipts from note receivable
-	-	-	-	-	-	-	-	-	-	-	65	86	86	84	84	77	82	81	81	80	79	79	77	75	75	74	73	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Payments to acquire patents and software
712	698	449	516	531	513	653	560	507	467	602	638	582	604	382	315	469	444	424	392	279	246	236	243	0	0	0	-	-	-	-	164	-199	-107	-92	149	0	0	0
Proceeds from sale of property and equipment
-	-	-	1,336	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	101	104	1,042	1,038	1,040	0	0	0	-	-	-	53	53	0	0	0
Payments to acquire property and equipment
19,711	23,323	30,725	33,949	30,523	28,232	20,718	18,490	19,880	21,427	23,791	34,876	35,493	34,434	37,310	29,474	26,892	25,351	21,551	28,199	41,239	48,407	55,835	53,282	49,305	51,660	47,178	41,421	32,102	23,520	15,318	13,770	23,082	21,400	22,527	19,837	0	0	0
Net cash used in investing activities
-20,217	-25,606	-31,537	-34,827	-31,622	-27,626	-44,484	-42,164	-43,494	-80,199	-237,415	-243,742	-250,852	-214,498	-35,957	-31,992	-22,252	-156,311	-154,511	-186,057	-196,588	-80,423	-89,267	-62,616	-61,742	-50,704	-44,209	-32,910	-23,556	-15,548	-9,402	-13,389	-22,318	-21,241	-22,382	-19,933	0	0	0
Cash flows from financing activities:
Proceeds from loans and notes payable
0	0	0	-	-	-	-	150,000	0	0	0	-	-	-	-	105,000	105,000	205,000	205,000	175,000	175,000	75,001	75,000	101,584	101,584	101,583	101,584	1,753	1,753	1,753	1,753	1,532	28,377	51,532	51,532	51,365	0	0	0
Cash paid for debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,024	1,099	1,249	1,139	2,558	2,488	2,354	2,961	3,791	0	0	0	-	-	-	-	1,850	0	0	0	-	-	-	-
Proceeds from energy efficiency incentive programs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	225	0	0	0	-	-	-	-
Payments on finance lease obligation
379	849	794	741	1,187	646	646	646	645	583	570	558	546	596	596	596	596	596	595	596	596	545	596	596	597	649	600	600	0	0	0	-	-	-	-	-	-	-	-
Payments on notes and loans payable
211,175	56,300	56,300	81,300	181,300	231,300	206,300	181,300	56,300	31,300	56,300	56,300	56,300	31,300	6,300	104,725	0	0	0	-	-	-	-	45,143	44,985	45,144	45,146	8,195	8,302	7,947	8,036	1,532	28,384	51,675	51,515	51,365	0	0	0
Proceeds from Economic Development Incentive Program
-	-	-	-	-	-	-	-	-	-	-	101	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to acquire treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,040	30,040	45,079	129,934	115,887	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of options to acquire common stock, including employee stock purchase plan
-	-	-	2,222	0	0	0	-	-	-	-	-	-	-	-	11,265	8,107	3,429	3,313	3,103	2,953	3,058	3,205	3,315	2,739	2,413	4,815	4,808	5,045	5,047	2,014	1,667	0	0	0	-	-	-	-
Payment of employee withholding tax related to restricted stock units
612	599	631	649	637	693	672	2,277	2,500	2,693	2,694	4,672	5,016	5,119	5,124	2,646	2,657	2,291	2,925	1,708	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	50	0	0	0
Payroll taxes paid as a result of restricted stock unit withholdings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit of stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,218	3,614	1,648	1,524	771	1,255	1,449	2,627	2,647	1,700	1,436	1,018	1,025	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by/(used in) financing activities
17,184	19,252	19,358	-30,468	-55,992	-105,484	-80,424	-32,168	17,885	42,924	17,301	-9,564	-4,453	27,160	3,010	12,492	-90,141	5,006	5,818	44,612	144,382	29,079	-55,705	-59,217	-60,528	-65,979	22,291	-21,418	-16,548	-26,026	-29,944	-25,558	-30,490	-1,712	-1,354	11	0	0	0
Net increase/(decrease) in cash and cash equivalents
8,631	7,439	5,494	-7,845	-722	-31,764	-18,134	-12,689	-16,061	-5,725	-171,640	-129,730	-50,967	19,832	159,595	149,057	46,210	-10,309	-28,041	-26,638	13,722	11,451	-62,997	-31,627	-16,711	-8,373	85,912	43,770	36,254	12,105	22,861	-1,575	-6,849	5,591	11,002	18,437	0	0	0
Supplemental disclosure of cash flow information Cash paid for:
Interest
12,341	10,901	9,943	9,473	7,604	10,119	8,645	10,624	9,541	8,692	8,094	7,650	7,572	7,538	7,509	13,007	12,596	14,782	13,860	8,617	11,227	6,194	6,125	7,688	4,643	6,882	6,894	5,295	5,372	6,229	4,730	5,865	6,084	4,772	6,280	3,820	0	0	0
Income taxes
9,437	11,686	10,318	10,567	6,917	3,195	1,454	1,387	23,376	43,864	77,948	85,216	82,635	68,597	51,793	50,924	36,410	30,180	23,103	16,926	31,621	31,303	33,088	48,778	42,268	51,040	58,019	44,087	33,415	25,038	5,962	3,963	1,786	1,653	1,912	2,146	0	0	0
Supplemental Disclosure of Non-cash Investing and Financing Activities:
Purchases of property and equipment included in accounts payable
-605	-3,701	-3,220	565	559	4,923	4,923	2,406	2,501	1,207	805	2,474	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment funded by capital lease
-	-	-	24,271	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease obligation
-	-	-	24,271	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in other assets for operating lease obligations
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impact of adoption of accounting standard updates
-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in lease liabilities for operating lease obligations
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-