Astronics corporation (ATRO)
CashFlow / TTM
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 (Loss) Income

-93,092

52,017

98,567

114,356

121,655

46,803

28,665

17,726

11,386

19,679

35,217

41,231

48,526

48,424

52,446

65,066

67,776

66,974

71,506

63,892

59,346

56,170

44,120

34,195

26,209

27,266

26,532

24,307

24,343

21,874

21,388

23,123

22,477

21,591

0

0

0

Adjustments to Reconcile Net (Loss) Income to Cash Flows from Operating Activities, Excluding the Effects of Divestitures:
Depreciation and Amortization

32,944

33,049

32,459

32,428

33,267

35,032

34,550

33,060

30,606

27,063

25,602

25,231

25,542

25,790

25,935

25,910

25,728

25,309

24,917

29,490

28,543

27,254

25,680

17,898

14,148

11,059

8,497

7,544

7,207

6,905

6,306

5,380

5,200

4,943

0

0

0

Provisions for Non-Cash Losses on Inventory and Receivables

15,321

16,947

5,452

5,881

5,205

3,271

4,462

3,874

3,002

2,973

1,793

2,394

2,376

2,404

3,228

3,158

3,824

3,187

2,739

2,406

1,573

1,959

568

211

412

216

956

1,573

1,311

1,632

1,409

779

871

802

0

0

0

Equity-based Compensation Expense

4,353

3,843

3,692

3,606

3,360

3,098

2,744

2,779

2,873

2,598

2,608

2,481

2,340

2,281

2,410

2,387

2,365

2,274

2,166

2,007

1,842

1,730

1,640

1,541

1,452

1,384

1,321

1,337

1,359

1,351

1,332

1,247

1,136

1,061

0

0

0

Deferred Tax Expense (Benefit)

-8,937

-14,385

-4,964

-5,535

-4,950

-2,680

-6,110

-5,474

-6,106

-5,494

-2,149

-4,312

-4,804

-4,756

-3,536

-656

-680

-252

-322

-2,488

-3,901

-4,677

-6,429

-4,574

-2,553

-722

376

19

-623

-1,544

-1,077

-423

327

423

0

0

0

Operating Lease Amortization Expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on Sale of Business, Before Taxes

-1,332

78,801

78,801

80,133

80,133

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment Loss

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-3,314

-1,610

953

-26

937

668

787

564

1,113

937

893

959

245

-165

-86

132

285

294

-907

-991

-1,257

-268

333

767

1,180

578

824

365

62

-154

-254

-8

318

220

0

0

0

Cash Flows from Changes in Operating Assets and Liabilities, Excluding the Effects of Divestitures:
Accounts Receivable

-54,141

-34,083

-29,022

8,678

32,837

47,291

61,219

36,115

27,444

9,844

-7,570

10,838

7,506

14,622

-5,360

7,792

29,676

729

7,084

-11,076

-37,345

18,850

42,873

32,734

40,002

-3,493

-6,543

-2,310

-1,984

8,097

6,663

6,210

1,106

3,042

0

0

0

Inventories

13,992

12,711

17,890

6,210

2,434

14,695

15,404

27,424

30,363

18,116

16,038

8,979

5,511

2,671

2,845

-10,104

2,180

2,537

-4,743

8,790

-13,559

-25,732

-14,630

-17,678

-4,592

5,222

6,163

9,473

7,915

9,330

4,928

2,345

1,050

883

0

0

0

Accounts Payable

-8,290

-16,617

3,106

-6,495

-12,279

9,171

2,743

15,071

25,460

10,439

6,056

1,359

-358

-2,000

-301

-11,370

-4,930

-2,168

-17,584

-2,515

-12,008

-8,005

9,964

5,059

13,614

5,831

181

3,330

-376

-537

3,319

1,032

3,031

-349

0

0

0

Accrued Expenses

-7,184

-10,737

-2,667

-1,017

2,088

8,177

9,758

6,457

4,581

-702

-4,871

-3,637

-129

-174

-2,710

952

-249

3,738

4,828

5,209

3,566

6,826

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other Current Assets and Liabilities

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Customer Advanced Payments and Deferred Revenue

-16,464

-11,919

-6,772

32

9,308

15,735

16,659

13,694

7,636

-4,918

-6,594

-9,690

-13,780

-15,539

-13,370

-4,190

-2,520

-7,485

-5,934

4,916

4,056

22,055

23,625

5,667

10,977

-547

456

-632

3,666

6,490

5,464

6,850

3,386

1,943

0

0

0

Income Taxes

-27,044

3,371

5,436

4,910

21,061

-4,460

-3,808

463

-3,111

-376

183

-3,209

7,719

7,926

-7,478

-3,769

-7,437

-9,266

-1,060

-2,158

-4,444

-4,084

2,865

3,876

3,839

2,271

1,109

699

-796

669

1,442

662

236

-404

0

0

0

Operating Lease Liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

244

-76

-144

-1,126

-1,244

-1,255

0

0

0

Supplemental Retirement and Other Liabilities

13

1,490

1,689

1,763

2,854

1,924

1,535

1,451

1,379

1,313

1,521

1,581

1,559

1,518

2,188

2,175

2,232

2,300

1,590

1,478

1,374

1,273

1,281

1,226

1,224

1,198

1,174

1,184

1,179

978

661

338

-33

-131

0

0

0

Cash Flows from Operating Activities

54,585

42,689

69,763

55,827

67,289

54,881

30,829

41,367

30,359

37,783

46,017

30,061

54,681

48,854

60,477

80,945

52,265

78,501

74,499

97,519

124,080

99,874

83,950

55,460

37,796

49,549

41,191

32,539

33,715

24,178

32,122

33,710

36,152

27,908

0

0

0

Cash Flows from Investing Activities:
Acquisitions of Businesses, Net of Cash Acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52,276

50,779

52,965

50,541

68,201

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds on Sale of Business

1,084

104,877

104,792

103,793

103,793

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital Expenditures

11,402

12,083

12,751

14,739

15,445

16,317

16,179

16,223

15,057

13,478

12,883

12,611

13,354

13,037

12,653

12,540

14,032

18,641

26,768

30,068

31,035

40,882

32,006

26,288

21,946

6,868

10,983

15,895

16,883

16,720

11,976

11,798

15,192

14,281

0

0

0

Other Investing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,669

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows from Investing Activities

-38,482

64,630

70,282

85,704

84,998

-19,667

-123,369

-122,269

-131,140

-129,561

-25,152

-23,383

-14,939

-14,622

-13,900

-13,042

-16,062

-73,586

-80,261

-85,748

-81,913

-109,120

-125,978

-253,981

-252,063

-166,710

-146,921

-26,554

-27,542

-27,379

-46,446

-35,649

-39,043

-38,132

0

0

0

Cash Flows from Financing Activities:
Proceeds from Long-term Debt

257,000

117,000

99,000

32,000

30,015

35,015

140,101

155,101

162,086

147,086

42,000

27,000

10,000

20,000

20,000

15,000

25,000

55,000

55,480

242,744

227,894

245,894

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments for Long-term Debt

39,081

156,107

171,798

168,471

184,155

72,834

57,805

52,795

27,768

23,720

28,957

30,897

40,888

41,835

64,595

79,642

69,635

67,694

58,791

255,992

280,802

275,544

286,553

49,859

21,938

19,498

-2,089

13,336

14,324

10,307

301

1,294

1,309

5,302

0

0

0

Purchase of Outstanding Shares for Treasury

0

-

-

-

0

-

-

-

-

32,382

32,554

18,988

17,770

17,618

17,446

12,154

4,261

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock Options Activity

0

-

0

0

0

-

0

0

306

-

260

3,573

3,657

3,813

3,590

2,915

3,045

2,996

3,866

1,682

1,662

1,848

2,804

2,551

2,373

1,922

1,917

1,738

1,752

1,714

793

1,927

2,076

2,266

0

0

0

Debt Acquisition Costs

-

-

-

-

-

516

516

516

516

0

-164

-164

-164

0

0

0

164

-

0

293

293

573

573

2,408

2,408

2,288

0

0

0

-

-

-

-

-

-

-

-

Finance Lease Principal Payments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition Earnout Payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Excess Tax Benefit from Exercise of Stock Options

-

-

-

-

-

-

-

-

-

-

-

-

-

834

2,883

2,794

2,794

2,973

3,840

4,709

4,709

5,262

2,590

2,402

2,402

1,198

1,510

1,165

1,165

1,252

1,809

1,562

1,602

1,614

0

0

0

Other Financing Activities

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows from Financing Activities

156,920

-92,182

-121,741

-134,969

-152,335

-36,134

82,155

83,337

106,139

91,425

-18,782

-18,843

-44,532

-34,806

-55,730

-71,249

-43,221

-6,725

4,430

-7,110

-46,777

-23,113

-686

202,831

225,527

164,334

166,355

2,384

3,386

-341

1,268

-5,964

-5,760

-1,565

0

0

0

Effect of Exchange Rates on Cash

-625

147

-402

-64

-373

-372

-99

-95

266

366

16

22

-238

-86

-2

-10

246

-826

-1,163

-1,719

-1,944

-1,079

-544

-20

59

82

-6

-2

4

3

11

-4

-2

-1

0

0

0

Increase (Decrease) in Cash and Cash Equivalents

172,398

15,284

17,902

6,498

-421

-1,292

-10,484

2,340

5,624

13

2,099

-12,143

-5,028

-660

-9,155

-3,356

-6,772

-2,636

-2,495

2,942

-6,554

-33,438

-43,258

4,290

11,319

47,255

60,619

8,367

9,563

-3,539

-13,045

-7,907

-8,653

-11,790

0

0

0