BG STAFFING, INC BGSF Cash Flow

Bg staffing, inc (BGSF)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Jun'18	Apr'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13
Cash flows from operating activities
Cash flows from operating activities
Net income
12,249	13,246	15,357	16,211	17,579	17,549	11,822	0	9,897	0	7,012	5,848	9,027	8,238	7,351	-	6,882	6,084	5,951	6,016	5,347	4,330	2,480	1,265	-428	6,283	7,335	7,334	8,298	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation
855	830	808	799	783	746	709	-	659	0	618	592	559	539	515	-	486	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization
0	-	0	0	0	-	0	-	0	0	0	-	0	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	5,098	5,263	5,189	4,894	0	0	0
Loss on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	-10	6	6	-1	0	0	0	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-986	-986	0	0	0	0
Amortization of deferred financing fees
122	173	225	270	441	453	464	-	463	0	307	251	193	136	94	-	104	117	143	158	166	169	167	163	173	213	250	256	240	0	0	0
Amortization of debt discounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	43	43	43	43	43	43	43	88	272	349	412	357	0	0	0
Interest expense on earn out payable
100	100	184	338	469	600	816	-	991	0	1,129	1,208	1,297	1,413	1,554	-	1,839	1,938	1,554	1,174	697	251	233	200	212	927	884	835	757	0	0	0
Paid-in-kind interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-
Put option adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-176	-62	788	1,218	1,184	1,416	461	222	235	0	0	0
Provision for credit losses
213	128	7	-5	-210	40	712	-	766	0	953	760	267	354	393	-	389	209	193	302	371	504	518	498	444	621	632	496	480	0	0	0
Stock-based compensation
825	952	947	1,461	1,322	1,069	963	-	297	0	436	447	418	436	320	-	313	374	311	363	352	306	349	562	1,193	1,118	1,026	690	0	0	0	0
Deferred income taxes
567	799	909	1,196	1,925	1,531	4,598	-	4,307	0	3,259	3,109	-402	-740	-812	-	-1,100	-1,837	-1,139	-854	-717	698	-225	-90	-129	-8,476	-7,908	-7,867	-7,681	0	0	0
Net changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable
221	1,758	715	-1,749	479	939	-215	-	-181	0	-1,009	-1,434	-164	4,325	1,672	-	1,393	1,847	1,095	2,529	4,191	357	790	315	-266	5,004	4,416	5,326	8,028	0	0	0
Prepaid expenses
449	726	370	142	655	36	809	-	836	0	686	-102	-145	-12	154	-	89	79	132	175	113	350	118	-185	-127	-849	-317	214	196	0	0	0
Other current assets
3	-3	-670	-229	-179	-120	610	-	-22	0	33	-27	-21	135	-50	-	20	-487	-134	-74	-112	858	54	179	156	-5	448	319	377	0	0	0
Deposits
-222	-475	-506	-580	-491	-302	-394	-	-385	0	-341	-245	-239	-280	-357	-	-424	-335	-341	-342	-345	-712	-601	-497	-653	-238	-372	-497	-224	0	0	0
Accrued interest
80	-235	-145	-49	-264	-22	39	-	-118	0	265	229	203	400	-271	-	-296	-56	-148	334	246	29	-21	-344	-110	-462	-154	132	18	0	0	0
Accrued interest related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194	637	0	0	0
Accounts payable
395	675	-120	-921	-599	-1,763	-1,685	-	-841	0	-2,062	-555	-815	-777	287	-	-620	-264	336	-270	185	-64	-1,020	-633	-818	-4,312	-2,426	-1,186	-313	0	0	0
Accrued expenses
269	-82	520	398	-50	-1,129	-787	-	-1,343	0	-800	284	-1,699	-816	-1,792	-	-1,927	1,446	1,279	3,157	2,981	74	1,268	-1,035	-919	4,525	1,810	3,814	3,160	0	0	0
Accrued payroll
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	223	93	-159	0	0	0
Accrued workers’ compensation
-397	-125	17	33	44	-61	148	-	267	0	-63	-162	-451	-594	-482	-	-34	-325	-154	-160	-564	76	-137	37	211	-167	43	153	97	0	0	0
Contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other current liabilities
0	16	-0	-0	-0	-87	-507	-	-585	0	-387	-299	120	174	-45	-	-945	-960	-1,210	-1,090	-191	-163	140	71	185	-12	-48	-49	-59	0	0	0
Income taxes receivable and payable
90	-125	253	1,080	-122	246	-410	-	-1,804	0	-715	-384	140	638	281	-	-110	-421	-382	637	444	-440	248	116	-148	1,307	492	126	145	0	0	0
Operating leases
-0	27	33	-54	22	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
-	-	-	-	-	-154	-142	-	-104	0	-103	-76	-67	-54	-78	-	-55	-59	-36	-13	-8	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by operating activities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from investing activities
Net cash provided by operating activities
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Cash flows from investing activities
Business acquired, net of cash received
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,781	8,781	8,781	8,500	0	0	0	0	-	-	-	-
Capital expenditures
2,937	2,229	1,776	1,145	1,111	923	931	-	761	0	972	1,145	1,216	1,344	1,029	-	938	670	633	600	563	576	520	480	327	331	302	214	221	0	0	0
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	8	8	1	0	0	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities
Net cash used in investing activities
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Cash flows from financing activities
Net borrowings (payments) under line of credit
10,503	9,694	6,843	1,072	-10,219	-10,717	-6,692	-	-4,370	0	830	-2,514	1,131	3,903	4,839	-	7,665	9,508	9,215	1,766	11,317	-4,850	-5,900	100	-9,521	1,078	1,978	3,578	7,100	0	0	0
Proceeds from issuance of long-term debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
8,283	10,121	11,039	11,039	14,991	13,766	13,460	-	13,960	0	1,725	1,112	0	0	0	-	-	-	-	-	17,187	17,750	2,250	2,250	2,260	2,373	2,463	2,495	2,896	0	0	0
Payments on other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	500	500	500	0	0	0	0
Payments of dividends
12,306	12,282	12,276	12,231	11,800	10,921	10,044	-	9,207	0	8,758	8,735	8,713	8,690	8,351	-	8,030	7,710	7,388	7,349	6,492	4,645	2,800	989	0	0	0	0	-	-	-	-
Issuance of shares under the 2013 Long-Term Incentive Plan and Form S-3 registration statement, net of exercises
-	-	-	-	-	22,205	21,339	-	21,389	0	78	86	0	0	0	-	-	-	-	-	7,047	15,518	14,890	8,487	8,492	0	0	0	-	-	-	-
Share-based Payment Arrangement, Cash Used to Settle Award
-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt Contingent Payment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,556	3,513	3,528	2,167	869	876	882	882	1,017	1,009	996	490	1,066	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	727	727	68	43	44	48	128	367	325	0	0	0
Net cash provided by (used in) financing activities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash and cash equivalents
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Net change in cash and cash equivalents
-	-	-	-	-	0	0	-	0	0	0	0	0	0	0	-	0	-64	0	0	0	64	0	0	0	0	0	0	0	0	0	0
Supplemental cash flow information:
Cash paid for interest
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	0	0	1,735	-	1,150	1,131	2,114	-	2,440	2,540	2,537	1,655	1,463	1,603	1,639	1,784	2,337	2,545	2,621	2,505	1,925	0	0	0
Cash paid for taxes, net of refunds
3,540	3,563	3,095	1,996	2,023	2,012	3,229	-	5,186	0	5,952	5,909	5,597	5,242	5,100	-	5,500	5,652	5,334	3,985	3,639	3,445	2,108	1,653	1,647	183	173	114	66	0	0	0
Proceeds from issuance of long-term debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash transactions:
Prepaid offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	227	644	644	644	557	0	0	0
Contingent consideration paid through relief of accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	596	1,849	1,849	1,849	1,253	0	0	0
Leasehold improvements funded by landlord incentives
-	-	-	-	-	366	621	-	469	0	469	255	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-