Atrion corp (ATRI)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'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'11
Cash flows from operating activities:
Net income

8,898

8,064

9,595

9,664

9,438

7,749

9,221

8,798

8,487

8,646

7,971

10,026

9,950

5,571

7,614

7,451

6,945

6,050

7,800

7,473

7,602

6,040

7,686

6,881

7,201

5,769

7,673

6,505

6,635

4,894

7,259

6,099

5,377

5,388

6,773

7,019

6,858

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

2,763

2,892

2,752

2,663

2,546

2,421

2,247

2,272

2,183

2,219

2,235

2,124

2,099

2,298

2,213

2,230

2,212

2,160

2,160

2,333

2,170

2,027

2,238

2,193

2,265

2,204

2,117

2,130

2,141

2,047

2,001

1,844

1,718

1,683

1,698

1,591

1,572

Deferred income taxes

-500

-113

514

781

627

-642

-218

373

-138

-2,376

-7

792

217

-131

-341

393

-168

-1,497

-458

112

412

1,465

-447

-470

-546

-315

-159

-125

-324

365

782

338

-23

859

330

1,204

191

Stock-based compensation

378

376

326

600

380

362

380

601

316

362

337

628

275

243

242

590

491

387

400

649

405

373

707

762

367

371

373

487

355

376

377

443

286

289

297

319

142

Net change in unrealized gains and losses on investments

1,287

392

-621

511

-147

256

-54

408

789

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in accrued interest, premiums, and discounts on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

202

Bond impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

345

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in accrued interest, premiums, and discounts on investments

77

0

-179

-11

184

-1

-142

229

-104

216

-85

-54

-28

-32

-43

33

5

67

-73

204

-98

98

-32

271

3

132

146

82

196

261

188

255

113

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-17

0

1

0

0

-30

-4

0

0

-26

-

-

-

-

-

-

-

-

Total adjustments

12,903

10,693

13,488

13,474

13,028

10,273

12,070

11,964

11,533

8,874

10,451

13,514

12,513

7,949

9,685

10,697

9,830

9,580

9,829

10,788

10,491

10,002

10,152

9,637

9,320

8,165

10,150

9,079

9,029

7,943

10,607

8,979

7,471

8,723

9,057

10,494

8,763

Changes in operating assets and liabilities:
Accounts receivable

3,931

116

-1,598

-872

4,226

-3,628

2,497

-2,335

3,528

-2,331

-105

-989

3,513

-2,958

1,291

-2,884

5,097

-3,013

-1,644

-159

4,445

-1,437

1,992

-2,235

4,478

-2,019

-943

-258

4,330

-1,525

-342

2,538

1,160

-2,432

-1,180

-50

3,364

Inventories

841

3,779

3,724

247

771

1,400

-331

2,596

553

-570

-41

-389

1,339

-1,041

-1,111

699

697

569

1,749

706

-1,275

-386

1,200

883

59

-222

1,305

1,136

268

-733

-387

-745

1,062

1,160

2,334

2,323

1,365

Prepaid expenses

1,178

-

270

-1,128

1,439

-

320

1,415

-1,135

-

-3,021

4,019

-1,178

-

-1,635

2,443

-1,562

-

-166

1,554

-3,320

-

-514

1,479

-594

-

-708

1,391

-2,201

-

-728

1,353

-1,448

-

-1,313

1,892

-162

Other non-current assets

58

408

-40

23

34

232

-235

-162

252

190

-34

-15

-66

40

503

68

62

-109

-51

97

166

-48

18

54

-2

0

-56

-37

110

-19

15

-51

132

34

-34

38

-56

Accounts payable and accrued liabilities

-530

977

-265

226

316

-1,515

1,378

1,530

-668

-1,506

2,271

-1,325

773

-589

1,676

-924

-487

-387

986

2,189

-3,280

-412

197

2,171

-988

-757

-359

2,740

144

-1,922

655

1,015

-2,213

-1,345

615

2,649

89

Accrued income and other taxes

2,217

-1,084

704

-297

477

-252

-28

-2,076

2,229

-1,566

1,040

584

278

-1,324

1,074

-1,878

2,209

-965

954

-571

454

-433

590

-3,813

3,260

-784

902

-1,146

1,416

-505

504

-1,068

699

-466

494

-2,748

3,003

Other non-current liabilities

95

-65

2

-154

1,066

272

-47

389

470

1,291

0

0

39

0

2

313

-120

-691

680

-31

96

-319

-222

2

-228

302

-204

3

3

-171

-736

7

6

448

-165

30

28

Cash flows from investing activities:
Net Cash Provided by (Used in) Operating Activities, Continuing Operations, Total

12,831

6,300

12,033

11,227

12,905

10,545

11,778

10,547

10,366

9,932

16,963

10,147

9,995

8,994

13,389

7,882

7,138

9,944

12,561

10,177

7,745

7,963

8,021

7,816

7,423

9,156

10,891

8,444

8,085

6,002

12,472

5,838

5,057

7,752

10,194

6,222

7,372

Property, plant and equipment additions

3,574

5,207

5,262

6,414

3,563

4,836

5,073

4,329

3,269

2,087

2,168

3,049

2,373

1,803

3,544

2,345

2,947

3,200

1,465

1,997

2,661

4,030

2,699

2,463

3,479

2,790

1,978

1,162

1,573

2,369

2,398

2,858

2,722

3,861

2,619

3,613

1,906

Purchase of investments

12,392

29,182

8,696

17,625

28,218

1,471

114

1,366

25,521

22,481

24,801

2,000

19,911

9,001

14,999

5,123

1,676

168

0

0

0

13,740

0

10,000

9,375

-

-

-

-

5,021

0

12,536

9,009

5,000

0

196

9,527

Proceeds from sale of investments

329

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of investments

13,951

12,339

18,871

21,454

6,667

6,985

9,878

13,344

10,691

26,000

13,000

4,000

15,000

0

0

5,000

0

0

0

5,000

8,400

16,600

0

19,375

0

0

4,000

0

3,639

8,000

5,000

2,750

4,000

8,000

3,890

0

2,400

Net Cash Provided by (Used in) Investing Activities, Continuing Operations, Total

-1,686

-22,050

4,913

-2,585

-25,114

678

4,691

7,649

-18,099

1,432

-13,969

-1,049

-7,284

-10,804

-18,543

-2,258

-4,623

-3,368

-1,465

3,003

5,739

-1,170

-2,699

6,912

-12,854

-4,940

2,022

-1,162

2,066

610

2,602

-12,644

-7,731

-861

1,271

-3,607

-9,235

Cash flows from financing activities:
Shares tendered for employees’ withholding taxes on stock-based compensation

-

-

-

-

-

-

-

-

-

0

0

4,460

3,275

0

0

1,112

0

-

-

-

-

-

-

-

-

-

-

-

-

71

0

685

380

-

-

-

-

Tax benefit related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

483

0

511

418

-

-

-

-

Purchase of treasury stock

9,245

-

-

-

0

-

-

-

-

-

-

-

-

0

0

0

1,276

0

5,626

8,087

16,985

11,491

457

6,941

4,667

5,110

1,174

1,904

1,008

588

0

2,730

2,026

-

-

-

-

Dividends paid

2,868

2,875

2,875

2,504

2,501

2,501

2,501

2,224

2,222

2,223

2,222

1,944

1,929

1,915

1,916

1,642

1,638

1,641

1,646

1,379

1,403

1,457

1,462

1,248

1,265

1,280

1,284

1,127

1,130

21,356

1,128

991

985

988

991

850

847

Net Cash Provided by (Used in) Financing Activities, Continuing Operations, Total

-12,113

-2,875

-2,875

-3,083

-2,501

-2,501

-2,501

-2,314

-2,222

-2,223

-2,222

-6,404

-5,204

-1,915

-1,916

-2,754

-2,914

-1,635

-7,271

-9,471

-18,388

-12,939

-1,922

-8,403

-5,932

-6,381

-2,458

-3,025

-2,138

-20,954

-1,128

-3,742

-2,973

-988

-2,522

-831

-847

Net change in cash and cash equivalents

-968

-18,625

-4,231

23,861

-14,710

8,722

13,968

15,882

-9,955

9,141

772

2,694

-2,493

-3,725

-7,070

2,870

-399

4,941

3,825

3,709

-4,904

-6,146

3,400

6,325

-11,363

-2,165

10,455

4,257

8,013

-14,342

13,946

-10,548

-5,647

5,903

8,943

1,784

-2,710

Cash paid for:
Income taxes

54

1,548

526

2,048

56

7,831

-3,565

5,568

24

2,548

116

2,266

29

3,182

1,708

5,756

104

4,622

3,140

5,051

87

4,082

3,708

8,761

924

109

2,604

5,277

46

3,886

1,904

4,149

418

2,884

2,144

6,623

270

Non-cash financing activities:
Non-cash effect of stock option exercises

-

-

-

-

-

-

-

-

-

0

0

5,702

4,535

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-