ENERPAC TOOL GROUP CORP. ATU Cash Flow

Enerpac tool group corp. (ATU)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10	Nov'09
Operating Activities
Net earnings (loss)
2,162	2,121	-266,864	32,418	2,753	-17,452	-37,665	29,012	-18,221	5,226	-98,764	22,512	5,074	4,965	17,402	21,166	-159,190	15,448	22,078	37,958	-64,838	24,674	35,587	50,557	41,392	36,037	58,253	-92,983	28,435	36,343	-16,460	34,401	32,175	37,174	41,382	36,358	7,929	25,890	-16,815	21,835	7,157	11,854
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-1,756	-4,251	-	-	1,987	-1,029	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
3,918	6,372	-	-	766	-16,423	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment & divestiture charges, net of tax
-500	-1,100	-8,432	2,362	3,500	23,500	0	0	12,385	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
5,277	4,779	-5,387	16,243	4,305	5,056	-10,395	10,415	10,295	10,090	-9,337	10,637	10,729	10,896	11,558	11,361	12,386	12,472	13,004	13,295	13,232	13,708	13,701	14,969	15,761	16,204	11,112	13,892	14,449	14,449	14,071	13,582	13,070	13,540	14,853	12,959	12,883	12,301	12,796	12,064	14,828	12,187
Stock-based compensation expense
3,125	2,820	629	4,988	2,592	2,673	-618	3,659	2,872	5,420	87	2,675	2,623	9,554	2,874	1,790	2,817	2,961	2,809	3,364	2,327	3,546	3,109	3,394	6,509	4,103	2,933	3,379	3,651	3,477	3,344	3,040	3,419	3,543	2,665	3,280	2,399	2,414	2,355	2,146	1,955	1,943
Benefit for deferred income taxes
-572	-522	6,084	2,120	-2,510	-1,739	16,167	-3,455	-6,817	-307	-10,070	813	3,416	-2,865	-15,178	-2,645	264	156	-15,887	3,841	1,177	-1,352	11,585	-481	-2,656	-8,408	-13,716	-24,531	-2,862	-3,156	-8,387	117	-1,304	-950	8,778	-908	-716	-674	-3,558	155	271	256
Amortization of debt issuance costs
236	896	316	282	301	301	1,160	413	413	413	413	418	413	413	413	413	413	413	568	483	423	423	423	423	423	560	452	496	496	496	498	495	500	497	495	495	973	941	1,005	1,005	997	962
Other non-cash adjustments
-326	-83	-143	-207	69	-124	62	-147	-87	-113	518	-308	-251	-464	57	-159	-311	930	-392	44	-311	-146	-178	-397	-124	867	-157	-343	-5	177	-138	-208	404	-58	28	-28	307	-261	148	1,119	-643	231
Changes in components of working capital and other, excluding acquisitions and divestitures:
Accounts receivable
-10,805	-3,151	-20,050	14,452	10,154	437	-13,994	4,584	5,394	11,478	-33,848	1,721	12,645	8,252	-12,506	682	-15,834	7,397	-24,142	17,219	-9,533	3,629	-27,607	31,040	2,271	-7,040	-14,108	21,312	8,260	-4,539	-9,382	4,585	7,510	9,597	-25,188	19,183	-2,191	10,760	-14,048	16,592	3,931	8,032
Expiration of accounts receivable securitization program
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-37,106
Inventories
-3,869	5,767	-14,902	12,605	3,522	6,535	-21,448	4,157	6,805	11,628	4,183	-75	-7,748	8,142	-4,766	-10,835	2,548	2,851	-11,684	-6,086	4,662	6,500	-3,761	3,893	10,149	11,634	-6,388	-11,478	-7,166	11,318	-2,361	-10,231	-1,535	2,595	-9,624	13,941	16,882	8,710	4,065	-1,460	959	4,400
Trade accounts payable
-8,278	-6,086	8,225	-449	-1,223	305	-7,034	6,915	-7,957	6,204	-10,329	1,181	5,508	6,768	-4,229	1,428	-12,661	7,735	-11,523	4,129	-5,009	-7,398	-21,296	14,299	-15,395	2,560	-1,750	14,752	-10,733	-11,548	3,123	10,907	-5,242	-2,886	-11,242	24,704	-6,589	285	8,047	12,591	-350	12,439
Prepaid expenses and other assets
-3,064	6,167	-9,298	-6,076	4,206	5,899	-9,824	4,524	-2,875	12,043	-2,086	-3,707	5,334	5,485	-4,691	-422	-807	9,211	-6,832	2,240	2,655	10,698	-5,618	271	-1,978	3,049	-10	3,409	-4,939	6,143	3,235	-3,208	1,312	825	113	-2,396	-3,408	-185	-1,445	-84	-2,258	-30
Income tax accounts
-4,667	-5,260	-5,325	3,554	239	619	-8,635	8,484	19,219	-1,714	14,188	-12,355	-4,972	-1,946	18,192	-8,671	-13,143	-4,294	36,354	-9,950	-10,026	-28,007	-20,194	-12,540	-10,210	-3,189	6,132	-2,816	-3,883	1,161	-15,847	-2,092	-1,180	1,216	-2,749	1,634	3,231	2,039	6,765	5,701	-5,905	9,439
Accrued compensation and benefits
-6,395	-1,617	5,449	4,840	-7,461	-11,196	3,790	7,778	2,629	-12,588	-3,486	7,473	-947	-2,757	182	6,011	-2,646	365	2,742	1,218	-475	-9,963	4,172	4,880	6,268	-2,595	-1,427	-402	1,526	-13,953	2,474	5,332	5,071	-19,169	11,532	10,065	5,521	-14,940	10,367	25,287	-6,503	-1,790
Other accrued liabilities
-14,383	4,318	3,412	-20,287	3,029	-1,000	7,959	7,592	-7,229	1,834	2,297	1,657	-9,645	8,850	-8,857	4,541	-4,143	6,439	-5,385	-448	352	5,876	-8,444	-4,391	-1,498	-3,816	6,102	7,008	-6,881	-1,895	-911	215	-7,292	469	-19,868	14,913	-13,973	-2,746	-16,869	2,835	-10,742	5,186
Cash used in operating activities, Continuing Operations
-4,209	-4,095	-	-	-14,371	-10,674	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Used in Operating Activities, Discontinued Operations
-1,605	-18,832	-	-	-7,833	-18,436	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Used in Operating Activities
-5,814	-22,927	52,654	52,505	-22,204	-29,110	70,504	57,695	-1,648	-20,458	36,437	37,380	2,219	12,463	42,706	46,128	7,557	21,306	87,810	40,473	22,325	-19,174	52,994	36,303	3,937	32,946	77,519	75,947	28,048	12,275	53,015	77,313	31,526	20,475	76,468	74,802	13,810	6,486	51,512	51,690	11,105	6,779
Investing Activities
Capital expenditures
3,780	3,187	-8,796	15,033	4,117	4,569	-7,695	6,169	4,643	7,904	-5,681	8,224	9,556	5,139	4,586	4,619	5,475	5,529	5,282	4,357	4,891	7,986	8,018	11,613	10,969	11,257	4,773	7,169	4,037	7,689	5,249	7,039	4,857	5,595	8,253	6,552	4,214	4,077	6,753	6,437	3,598	3,178
Proceeds from sale of property, plant and equipment
288	162	113	1,298	40	11	-44	35	81	32	204	0	114	130	661	3,999	3,199	1,437	358	179	482	225	238	42,028	95	1,913	304	140	200	977	15	711	1,857	5,918	1,420	93	207	59	163	390	408	275
Rental asset buyout for Viking divestiture
-	-	-	-	-	-	0	0	0	-27,718	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of business, net of transaction costs
0	8,726	-36,159	36,159	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,242	65,648	14,496	530	-	-	-	-	-	-	-	-	235,406	0	0	83	40,533	9,869	18,617	290	153,059	1,514	158,207	326	-	-	-	-
Cash provided by (used in) investing activities, Continuing Operations
-37,511	5,701	-	-	-4,077	-4,558	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Provided by (Used in) Investing Activities, Discontinued Operations
750	207,641	-	-	32,276	-3,097	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Provided by (Used in) Investing Activities
-36,761	213,342	-2,743	-6,755	28,199	-7,655	-2,919	-11,943	-12,299	-35,590	-4,950	-8,224	-9,442	-5,009	4,528	-66,268	-16,772	-4,622	-4,924	-4,178	-4,409	-7,761	29,037	9,302	232,512	-9,344	-239,875	-2,175	-3,837	-6,795	-45,767	-16,197	-21,617	33	-159,892	-7,973	-158,751	-4,344	-23,208	-33,295	2,326	-2,903
Financing Activities
Principal repayments on term loan
0	-175,000	-	-10,000	-40,000	-7,500	-	-7,500	-7,500	-7,500	-	-3,750	-3,750	-3,750	-	-	-	-218	-	-	-	-	-	-	-	-12,000	-	0	0	0	0	-58,000	-4,976	4,809	58,190	-41,155	41,155	14	-	-	-	-
Borrowings on Revolving Credit
0	100,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal Repayment on Revolving Credit Facility
0	-100,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal Repayments on Term Loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,500	1,250	1,250	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings on revolving credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,616	22,382
Repurchases of 2% Convertible Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	34	0	0	0	22,894
Stock Repurchases
-5	17,805	-	-	-	-	-	-	-	-	-	-	-	-	2,976	4,773	4,670	4,682	7,376	24,115	76,097	104,415	100,560	74,057	93,743	15,352	28,162	4,849	1,679	7,142	23,801	18,872	0	20,410	-	-	-	-	-	-	-	-
Taxes paid related to the net share settlement of equity awards
1,425	2,638	61	322	1,288	201	5	172	825	282	66	79	697	223	65	12	395	937	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock option exercises and other
248	2,640	-3,252	321	479	552	-26,116	130	8,074	2,231	-15,579	1,365	4,985	964	687	3,484	1,155	1,090	350	293	2,466	2,287	2,375	4,046	15,241	10,562	14,556	7,933	5,299	5,473	4,521	885	2,725	2,782	950	472	3,260	3,553	1,623	687	518	487
Cash dividend
0	2,419	0	0	0	2,439	0	0	0	2,390	0	0	0	2,358	0	0	0	2,376	0	0	0	2,598	0	0	0	2,919	0	0	0	2,911	0	0	0	2,748	0	0	0	2,716	0	0	0	2,702
Payment of contingent acquisition consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-832	-339	-414	-	-2,202	-1,350	0	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Used in Financing Activities, Continuing Operations
-1,177	-195,222	-	-	-40,809	-9,588	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Provided by (Used in) Financing Activities, Discontinued Operations
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used in financing activities
-1,177	-195,222	-36,994	-12,126	-40,809	-9,588	-2,259	-7,542	-251	-7,941	-6,615	-3,706	538	-5,367	-6,104	-1,301	-3,902	-7,123	-19,019	-12,466	-3,075	19,143	-99,131	-70,843	-191,841	-20,123	105,033	-1,618	1,020	-5,830	-20,680	-33,637	-2,251	-15,567	58,790	-40,683	139,218	817	-12,872	-10,897	-10,098	-2,727
Effect of exchange rate changes on cash
409	436	-3,100	-2,678	1,759	-694	-4,326	-2,315	2,743	-532	5,745	1,614	1,704	-4,820	1,385	3,859	-4,157	-6,462	-3,146	-3,201	-14,619	-13,945	-3,513	-154	867	2,077	-109	-1,559	-2,719	477	1,467	-5,775	2,668	-1,043	556	1,753	1,913	1,029	2,509	-927	-1,445	1,288
Net decrease in cash and cash equivalents
-43,343	-4,371	9,817	30,946	-33,055	-47,047	61,000	35,895	-11,455	-64,521	30,617	27,064	-4,981	-2,733	42,515	-17,582	-17,274	3,099	60,721	20,628	222	-21,737	-20,613	-25,392	45,475	5,556	-57,432	70,595	22,512	127	-11,965	21,704	10,326	3,898	-24,078	27,899	-3,810	3,988	17,941	6,571	1,888	2,437
Line of Credit
Principal repayments on term loan
-	-	-	-	-	-	-	-	-	-7,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-