Benchmark electronics, inc. (BHE)
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'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities:
Net income (loss)

13,504

23,425

58,072

58,735

60,231

22,817

-81,260

-71,228

-64,097

-31,901

62,914

66,825

61,436

63,933

84,900

83,723

92,248

95,401

79,318

75,381

76,321

81,241

125,178

132,276

118,583

110,945

61,785

57,373

62,496

56,607

41,370

41,923

43,044

51,959

68,091

70,693

76,021

79,758

0

0

0

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

37,094

37,112

37,255

37,486

38,217

38,439

38,320

37,627

36,889

36,668

37,227

38,652

40,097

41,398

42,147

42,204

42,510

42,822

43,173

43,196

42,552

41,259

40,267

38,466

37,120

36,179

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Adjustment For Amortization

11,353

11,315

11,330

13,395

13,410

13,400

13,404

11,811

11,894

12,004

12,501

12,904

13,408

13,741

13,037

10,888

8,931

6,850

5,781

5,534

5,237

5,190

5,025

5,100

4,994

4,763

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision For Doubtful Accounts

10,261

8,600

-1,476

238

39

1,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

35,768

36,799

37,968

39,830

0

0

0

Deferred Income Taxes and Tax Credits

-3,937

-2,367

-4,029

-1,753

-30,687

7,628

18,704

16,998

46,348

7,422

6,394

7,101

7,831

8,390

-17,685

-15,132

-13,966

-12,781

8,859

10,353

10,552

12,027

-4,138

-3,450

-4,212

-5,786

10,189

9,158

8,985

9,064

1,370

-14,715

-16,703

-17,991

-8,581

2,295

703

280

0

0

0

Asset impairment

1,841

834

0

0

0

-

-

-

-

42

63

21

21

142

1,238

1,238

1,238

1,201

92

276

886

802

1,473

2,260

5,465

5,504

0

0

0

-

-

-

-

46,530

156

156

156

237

0

0

0

Insurance recoveries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

550

11,298

11,298

11,298

10,748

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on the sale of property, plant and equipment

-20

-53

107

171

214

262

223

151

51

202

299

255

328

224

148

206

164

85

112

24

485

78

-77

4

766

1,161

1,285

1,265

163

229

359

345

260

190

35

99

100

69

0

0

0

Stock-based compensation expense

10,161

10,194

10,321

10,404

9,991

10,089

9,225

8,715

8,525

7,815

7,839

5,846

5,369

5,322

5,990

7,670

7,882

7,709

6,822

6,767

6,935

6,427

7,369

7,313

6,932

7,053

6,857

6,640

6,547

6,270

5,718

5,507

5,249

5,097

5,141

4,890

5,239

5,415

0

0

0

Other Noncash Income (Expense)

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit of stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

514

663

435

263

302

481

421

436

536

634

627

708

666

354

336

238

191

76

-24

-33

-30

-14

365

977

963

1,176

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

-77,164

-134,926

-108,952

-81,777

3,195

33,952

46,305

53,717

21,609

-4,657

-5,026

-29,923

-31,876

-37,573

-62,406

-91,285

-89,868

-52,847

-65,388

3,791

28,595

-37,862

79,079

1,612

2,033

56,633

-43,573

-4,382

-54,786

34,359

-3,957

11,036

59,793

-27,703

36,435

34,945

9,870

40,190

0

0

0

Increase Decrease In Contract Receivables Net

2,937

20,979

5,170

7,315

9,402

-6,414

-5,681

-4,509

-2,022

-9,710

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase Decrease In Inventories

23,145

5,238

-4,521

-2,472

10,916

43,264

42,165

37,155

33,198

24,570

12,341

38,115

13,941

-38,397

-39,024

-85,454

-53,644

-3,974

-11,391

25,861

-13,445

6,153

-18

30,420

67,485

17,832

4,689

-52,031

-80,607

-66,089

-11,173

38,728

53,765

72,666

51,691

2,826

30,919

48,008

0

0

0

Prepaid expenses and other assets Calc

3,672

-2,494

-10,689

-9,831

-7,350

-10,238

-2,862

-1,387

-1,424

7,812

5,672

-838

-4,318

-2,207

-5,511

-1,139

4,173

3,202

7,205

5,810

4,681

1,278

1,531

4,916

823

-6,335

-7,780

-23,294

-27,824

-32,375

-32,845

-20,571

-22,479

-12,087

-4,001

4,326

13,364

18,480

0

0

0

Accounts payable

-61,064

-121,860

-73,385

-11,140

13,140

61,391

38,240

35,970

15,654

29,542

20,778

69,630

124,204

76,039

27,017

-21,745

-40,350

-41,388

-63,413

-12,145

-48,477

-36,646

12,763

-21,589

7,364

19,725

18,753

7,217

-45,744

-21,081

-6,362

23,810

56,879

28,391

12,807

-28,179

-50,594

-16,675

0

0

0

Accrued liabilities

22,755

28,877

19,909

8,560

3,850

5,778

52

-15,894

-853

13,519

15,590

23,396

6,727

-28

-5,043

-19,464

-958

-4,533

-8,292

-3,088

-7,441

-1,178

7,039

1,097

4,493

-9,305

-4,267

-2,767

-5,902

3,176

11,234

12,200

2,472

2,655

-3,921

2,565

4,962

5,356

0

0

0

Increase (Decrease) in Leasing Receivables

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase Decrease In Accrued Income Taxes Payable

-11,196

-10,287

-27,086

-42,298

-23,894

-23,837

80,314

96,424

87,780

87,251

-655

-1,277

-2,222

-2,208

-722

-2,395

-1,047

-959

960

2,054

-365

-1,304

9,764

10,824

13,281

10,178

-1,262

-2,773

-2,552

-2,402

-2,229

-4,460

-8,707

-8,137

-15,056

-10,948

-6,124

-1,427

0

0

0

Net Cash Provided By Used In Operating Activities

73,613

93,136

151,294

161,641

68,571

76,687

38,659

37,131

92,467

145,842

134,394

207,483

273,912

273,088

257,237

264,396

235,361

147,375

140,794

90,859

63,801

135,440

112,300

123,339

110,949

98,863

180,812

194,751

223,616

151,147

124,884

60,654

16,789

54,784

10,195

35,413

13,430

5,166

0

0

0

Cash flows from investing activities:
Proceeds from sales and maturities of investments

-

-

-

-

-

-

-

-

-

250

0

0

0

-

-

-

-

50

276

10,275

10,277

10,282

10,852

853

802

821

4,825

6,825

15,825

15,825

11,075

13,025

9,425

11,150

11,800

17,700

12,375

10,925

0

0

0

Additions to property, plant and equipment

35,106

32,576

36,117

40,263

52,075

62,808

66,190

63,455

63,833

50,786

41,385

39,368

29,790

30,478

29,274

27,969

28,516

37,128

40,448

39,077

46,011

44,211

44,304

44,401

34,638

26,829

31,721

39,355

43,060

47,911

56,098

55,494

57,341

71,396

56,600

53,000

51,898

35,778

0

0

0

Proceeds from the sale of property, plant and equipment

265

259

233

130

183

239

247

182

120

280

390

404

444

357

365

373

323

605

640

670

758

452

401

450

1,992

1,908

1,914

1,808

296

346

411

417

416

369

212

243

252

257

0

0

0

Additions to purchased software

2,834

2,542

3,624

3,601

3,854

3,924

3,513

3,035

3,972

3,720

3,287

3,142

2,285

1,856

1,304

1,290

556

934

1,209

1,021

1,589

1,178

900

1,322

1,795

1,908

1,953

2,105

947

1,124

1,111

562

500

601

684

621

686

261

0

0

0

Proceeds from Divestiture of Businesses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments To Acquire Businesses Net Of Cash Acquired

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Thailand flood property insurance proceeds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

550

11,298

11,298

11,298

10,748

1,021

13,406

33,338

23,372

0

0

0

-

-

-

-

-

-

-

-

Payments For Proceeds From Other Investing Activities

-101

54

46

47

66

147

2,119

2,169

2,216

2,145

150

240

388

218

223

-86

-195

-188

-191

-27

-59

-367

-1,177

-1,173

-1,177

-814

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided By Used In Investing Activities

-36,183

-34,863

-39,504

-43,731

-58,021

-68,849

-73,784

-70,686

-69,651

-56,121

-44,182

-31,346

-21,069

-21,245

-249,068

-258,182

-258,087

-266,801

-35,038

-23,614

-30,244

-27,476

-95,727

-106,200

-115,435

-108,717

-45,184

-38,691

-14,480

-9,492

-23,372

-32,648

-38,034

-60,478

-45,272

-35,678

-39,957

-24,857

0

0

0

Cash flows from financing activities:
Proceeds from stock options exercised

1,665

1,585

1,518

947

831

3,631

4,843

6,491

9,146

11,208

23,109

26,096

23,203

18,825

5,837

1,328

1,918

1,976

8,802

9,570

13,877

18,867

12,546

16,204

13,693

11,203

11,601

8,168

6,613

4,657

4,426

3,372

3,097

2,571

3,112

3,155

2,933

3,252

0

0

0

Excess tax benefit of stock options exercised Calc

-

-

-

-

-

-

-

-

-

-

-

-

514

663

435

263

302

481

421

436

536

634

627

708

666

354

336

238

191

76

-24

-33

-30

-14

365

977

963

1,176

0

0

0

Payments Related To Tax Withholding For Share Based Compensation

2,762

2,231

1,904

1,879

1,881

1,408

822

775

788

383

397

411

358

568

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments Of Dividends

22,622

23,287

24,501

25,948

27,208

21,005

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds From Issuance Of Medium Term Notes

110,000

0

0

0

0

50,000

150,000

150,000

150,000

100,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt and capital lease obligations

23,707

6,794

4,880

51,344

53,747

108,024

210,866

165,332

163,865

112,396

37,365

37,337

37,305

37,301

29,400

26,498

23,599

20,676

651

628

605

582

560

538

517

497

477

459

437

419

401

383

377

363

349

335

315

300

0

0

0

Payments for Repurchase of Common Stock

80,359

122,110

208,155

246,029

214,557

211,858

145,514

93,216

86,729

29,348

6,954

14,614

28,724

41,929

56,904

63,122

66,792

68,365

71,078

66,463

55,041

43,800

35,540

31,816

33,627

41,168

46,392

45,061

55,249

47,106

34,480

54,893

55,662

56,281

58,466

50,983

45,739

58,855

0

0

0

Payments For Repurchase Of Other Equity

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of Financing Costs

-

-

-

-

-

-

-

-

-

433

433

433

434

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided By Used In Financing Activities

-17,785

-152,837

-237,922

-316,556

-288,865

-290,967

-218,897

-119,968

-102,235

-31,352

3,324

-1,158

-18,104

-35,310

165,064

157,085

156,911

159,066

-62,506

-57,085

-41,233

-24,881

-22,927

-15,442

-19,785

-30,108

-34,996

-38,045

-49,813

-43,723

-31,346

-51,937

-52,972

-54,087

-55,338

-47,186

-42,158

-54,727

0

0

0

Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

-3,175

418

-1,539

-380

-2,696

-1,315

-411

-149

3,269

2,744

927

1,084

-1,429

-1,095

356

634

1,386

-1,021

-1,392

-2,714

-2,922

-1,262

30

1,270

1,611

938

150

75

863

2,727

1,767

-1,765

-2,642

-2,644

-2,039

2,482

1,644

-480

0

0

0

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect

16,470

-94,146

-127,671

-199,026

-281,011

-284,444

-254,433

-153,672

-76,150

61,113

94,463

176,063

233,310

215,438

173,589

163,933

135,571

38,619

41,858

7,446

-10,598

81,821

-6,324

2,967

-22,660

-39,024

100,782

118,090

160,186

100,659

71,933

-25,696

-76,859

-62,425

-92,454

-44,969

-67,041

-74,898

0

0

0