Apex global brands inc. (APEX)
CashFlow / Yearly
Feb'20Feb'19Feb'18Jan'18Jan'17Jan'16Jan'15Jan'14Jan'13Jan'12Jan'11Jan'10
Cash flows from operating activities:
Net loss from continuing operations

-11,500

-11,539

-55,861

-

-

-

-

-

-

-

-

-

Net (loss) income

-

-

-

-

-

-

9,820

6,074

6,833

7,510

7,719

12,571

Net (loss) income from continuing operations

-

-

-

-55,861

-8,722

8,433

-

-

-

-

-

-

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

1,167

1,478

1,408

1,408

1,483

1,329

-

352

203

116

75

76

Restructuring charges

1,134

5,755

2,080

2,080

3,782

-

-

-

-

-

-

-

Intangible assets and goodwill impairment charge

9,100

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

571

-

-

-

-

-

Bad debt expense

-

-

-

193

-

-

-

-

-

-

-

-

Intangible asset impairment charge

-

-

35,500

35,500

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

932

995

1,491

1,371

1,474

1,441

Amortization of deferred financing costs

2,316

3,903

938

938

184

64

-

-

-

-

-

-

Deferred income taxes and noncurrent provisions

-3,440

971

1,636

1,636

1,373

-528

845

-461

-78

921

-1,215

-

Stock-based compensation and stock warrant charges

1,143

989

3,848

3,848

2,387

2,222

-

-

-

-

-

-

Gain on sale of assets

-

479

36

-

-

-

-

-

-

-

-

-

Reversal of uncertain tax liabilities

-

-

-

-

-

-

-756

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

319

Stock-based compensation

-

-

-

-

-

-

1,175

1,069

967

573

1,831

344

Tax effect from stock option exercises

-

-

-

-

-

-

-

-

-61

-

-

-

Excess tax benefit from stock-based payment arrangements

-

-

-

-

-

312

202

-

-

-

-

32

Other, net

-

-

-

-

-

-

-81

44

-84

-37

-

-

Gain on sale of business

-

-

-

36

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of effects from business dispositions:
Accounts receivable

599

-5,635

-1,558

-1,365

-5,642

-84

1,369

909

-173

-1,287

-295

1,464

Other receivables

-182

-133

-3,548

-3,548

3,655

-1,069

-

-

-

-

-

-

Prepaid expenses and other current assets

574

-396

-3,146

-3,146

1,719

-11

138

-133

293

44

-7

26

Other assets

2,049

1,265

-

-

-

-

-

-

-

-

-

-

Accounts payable and other current liabilities

-2,412

-12,255

-

-

-

-

-

-

-

-

-

-

Long-term lease liabilities

1,389

-

-

-

-

-

-

-

-

-

-

-

Income taxes receivable and payable, net

-

-

-

-

-

-

-911

602

838

-

-

-

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

107

-338

Accounts payable and other accrued payables

-

-

-

-

-

-

-486

581

383

-82

-35

-

Accounts payable

-

-

-7,730

-7,730

3,425

344

-

-

-

-

-

13

Other current liabilities

-

-

727

727

-233

-862

-

-

-

-

-

-

Deferred revenue

1,708

-2,282

-2,413

-

-

-

-

-

-

-

-

-

Other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-247

-

Increase in income taxes payable and other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

526

Net cash used in operating activities

-2,435

-8,560

-11,651

-11,651

10,436

11,857

10,369

8,620

9,788

7,360

12,510

13,740

Net cash (used in) provided by operating activities from discontinued operations

0

-1,380

6,783

6,783

1,665

0

-

-

-

-

-

-

Deferred revenue

-

-

-

-2,413

6,489

3

-77

14

-547

-233

935

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-50

-

-

Accrued compensation

-

-

-

-

-

-

884

214

-205

-4,046

1,778

-366

Capital investments

-

-

-

545

512

530

-

-

-

-

-

-

Cash paid for business acquisitions, net of cash acquired

-

-

-

-

84,598

12,871

-

19,000

-

-

-

-

Cash flows from investing activities:
Capital investments

224

253

545

-

-

-

70

53

18,026

258

319

294

Proceeds from business dispositions

-

5,576

1,262

1,262

11,337

-

-

-

-

-

-

-

Proceeds from financing of accounts receivable

-

-

-

-

8,701

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

1,859

1,855

36

72

161

1,500

-

Net cash (used in) provided by investing activities

-224

5,323

717

717

-73,773

-13,401

-

-

-

-

-

-

Cash flows from financing activities:
Net cash used in investing activities

-

-

-

-

-

-

-611

-19,682

-18,517

-934

-382

-345

Proceeds from term loans, promissory notes and line of credit

-

49,250

5,000

-

-

-

-

-

-

-

-

-

Payments on term loan and line of credit

950

40,000

1,600

-

-

-

-

-

-

-

-

-

Debt issuance costs

48

3,708

425

425

3,866

30

-

95

129

-

-

-

Proceeds from JPMorgan Term Notes

-

-

-

-

-

6,000

-

-

-

-

-

-

Payments of US Bank Term Loan and promissory note

-

-

-

-

-

-

-

-

6,938

10,322

-

-

Payments on term notes

-

-

-

-

23,618

7,644

7,027

3,308

650

-

-

-

Payments on related party loan

-

-

2,500

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

-

-

-

-

-

-

541

629

491

676

63

51

Payments on accounts receivable financing

-

-

5,466

5,466

2,456

-

-

-

-

-

-

-

Proceeds from US Bank Term Loan and promissory note

-

-

-

-

-

-

-

-

-

10,000

-

-

Proceeds from JPMorgan Term Notes

-

-

-

-

-

-

-

19,000

17,250

-

-

-

Issuance of common stock

582

185

3,938

3,938

36,890

-

-

-

-

200

-

-

Excess tax benefit from stock-based payment arrangements

-

-

-

-

-

312

202

-

-

-

-

-

Purchase and retirement of common stock

-

-

-

-

735

-

-

-

-

1,885

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

3,947

1,210

-4,997

-2,166

168

-4,233

Net cash (used in) provided by financing activities

-416

5,727

-1,053

-1,053

63,516

497

-

-

-

-

-

-

(Decrease) increase in cash and cash equivalents

-3,075

1,110

-

-

-

-

-

-

-

-

-

-

Dividends

-

-

-

-

-

-

841

3,361

5,873

6,746

13,460

17,628

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-5,811

12,272

3,732

-8,592

-11,960

-17,628

(Decrease) increase in cash and cash equivalents

-

-

-5,204

-5,204

1,844

-1,047

-

-

-

-

-

-

Cash paid for:
Income taxes

1,222

1,267

349

349

2,805

4,152

5,700

3,240

3,667

2,127

5,924

5,999

Interest

5,437

6,862

5,499

5,499

1,570

638

810

455

240

244

-

-

Accrued and declared dividends

-

-

-

-

-

-

-

-

840

1,677

1,699

-

Declaration of dividends

-

-

-

-

-

-

-

-

-

-

-

3,349

Noncash investing and financing activities:
Issuance of subordinated promissory note for lease termination

275

-

-

-

-

-

-

-

-

-

-

-

Conversion of related party junior participation interests to subordinated promissory notes

-

11,500

1,500

-

-

-

-

-

-

-

-

-

Conversion of related party loan into term loan

-

-

-

1,500

-

-

-

-

-

-

-

-