Blue Bird Corp BLBD Cash Flow

Blue bird corp (BLBD)

CashFlow / Yearly

Sep'19	Sep'18	Sep'18	Sep'17	Sep'16	Sep'15	Dec'14	Sep'14
Cash flows from operating activities
Net loss
24,300	30,820	30,820	28,801	6,900	14,932	-5,650	2,757
(Income) loss from discontinued operations, net of tax
-	-	-	-	-	-129	-	42
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
10,383	9,042	9,042	8,180	8,046	8,790	-	9,898
Non-cash interest expense
3,822	-	771	1,107	-	-	-	-
Amortization of debt costs
-	771	-	-	3,007	3,010	-	1,301
Share-based compensation
4,273	2,628	2,628	1,270	12,717	1,635	-	0
Income (Loss) from Equity Method Investments
2,242	1,327	1,327	3,307	2,877	2,634	-	1,210
(Gain) loss on disposal of fixed assets
-5	-114	-114	33	-72	-510	-	67
Deferred taxes
6,632	5,655	5,655	-1,202	8,957	-8,626	-	3,239
Recognition of uncertain tax position
-	-	-	-	-	-	-	6,390
Provision for bad debt
-	0	-	-	-5	34	-	-9
Amortization of deferred actuarial pension losses
-2,758	-3,521	-3,521	-6,291	-4,787	-3,567	-	-2,804
Gain (Loss) on Extinguishment of Debt
0	0	0	-10,142	0	0	-	-
Foreign currency hedges
-109	109	109	0	0	-	-	-
Changes in assets and liabilities:
Accounts receivable
-13,530	13,920	13,920	-10,167	6,564	-7,435	-	7,713
Inventories
21,497	-17,786	-17,786	22,349	4,626	-22,120	-	8,697
Other assets
4,651	-2,755	-2,755	5,469	2,457	137	-	1,415
Accounts payable
6,318	3,096	3,096	8,404	-330	-12,905	-	18,080
Accrued expenses, pension and other liabilities
9,707	-14,307	-14,307	1,013	-4,838	-14,365	-	12,096
Proceeds from Equity Method Investment, Distribution, Return of Capital
2,259	1,828	1,828	4,626	2,316	0	-	0
Total adjustments
31,406	17,533	17,533	18,840	18,205	8,434	-	34,697
Net cash provided by continuing operations
-	-	-	-	-	23,495	-	37,412
Net cash used in discontinued operations
-	-	-	-	-	-129	-	-568
Increase in prepaid expenses
-	-	-	-	-	-	-18	-
Increase in accounts payable and accrued liabilities
-	-	-	-	-	-	4,672	-
Interest income retained in Trust Account
-	-	-	-	-	-	-33	-
Total cash used in operating activities
55,706	48,353	48,353	47,641	25,105	23,366	-1,029	36,844
Cash flows from investing activities
Change in net investment in discounted leases
-	-	-	-	-	-	-	778
Cash paid for fixed assets
35,514	32,118	32,118	9,252	9,583	5,190	-	5,535
Proceeds from sale of fixed assets
47	14	14	48	0	0	-	102
Restricted cash
-	-	-	-	-	-	-	-1,206
Total cash used in investing activities
-35,467	-32,104	-32,104	-9,204	-9,583	-5,190	-	-3,449
Cash deposited in Trust Account
-	-	-	-	-	-	-115,000	-
Cash flows from financing activities
Borrowings under the revolving credit facility
-	-	-	-	-	-	-	-71
Borrowings under the senior term loan
50,000	0	0	156,887	0	0	-	235,000
Repayments under the former senior term loan
0	0	0	161,500	36,750	36,750	-	13,000
Repayments under the senior term loan
9,900	7,850	7,850	6,000	0	0	-	-
Principal payments on finance leases
133	-	-	-	-	-	-	-
Cash paid for capital leases
0	158	158	155	221	142	-	535
Cash paid for debt issuance costs
0	2,006	2,006	299	1,117	3,110	-	12,647
Cash paid to extinguish debt
0	0	0	507	0	0	-	-
Contributions from former majority stockholder
-	0	-	-	16,971	13,550	-	0
Payment of dividends on preferred stock
0	1,896	1,896	4,261	2,881	0	-	0
Payment of dividends on preferred stock
-	-	-	-	-	-	-	226,821
Cash paid for employee taxes on vested restricted shares and stock option exercises
636	2,211	2,211	1,013	3,892	0	-	0
Proceeds from exercises of warrants
1,499	22,102	22,102	23,045	11,816	0	-	0
Tender offer repurchase of common stock and preferred stock
0	26,586	26,586	34,327	0	0	-	-
Tender offer repurchase of common stock and preferred stock
50,370	-	0	0	-	-	-	-
Change in advances collateralized by discounted leases
-	-	-	-	-	-	-	-778
Proceeds from note payable and advances - related party
-	-	-	-	-	-	139	-
Proceeds from sale of common stock to Sponsor
-	-	-	-	-	-	0	-
Proceeds from sale of Public Offering stock and warrants
-	-	-	-	-	-	115,000	-
Proceeds from sale of Private Placement Warrants
-	-	-	-	-	-	6,063	-
Payment of underwriting discounts
-	-	-	-	-	-	4,312	-
Payment of deferred offering costs
-	-	-	-	-	-	-494	-
Payment of note payable and advances - related party
-	-	-	-	-	-	250	-
Total cash provided by financing activities
-9,540	-18,605	-18,605	-28,130	-16,074	-26,452	116,146	-18,852
Change in cash and cash equivalents
10,699	-2,356	-2,356	10,307	-552	-8,276	117	14,543
Supplemental disclosures of cash flow information
Interest paid, net of interest received
10,408	5,782	5,782	6,081	13,315	20,011	-	1,441
Income tax paid, net of tax refunds
4,586	3,673	3,673	8,420	159	7,145	-	1,376
Non-cash investing and financing activities:
Capital expenditures funded by capital lease borrowings
-	0	-	-	100	563	-	166
Changes in accounts payable for capital additions to property, plant and equipment
8,040	6,389	6,389	-1,719	2,081	671	-	-
Change in accounts payable and other assets for capital additions to property, plant and equipment and intangible assets
-	-	-	-	-	-	-	383
Common stock dividend on Series A preferred stock (market value of common shares)
-	0	-	-	998	2,247	-	0
Cashless exercise of stock options
481	3,570	3,570	4,216	2,312	0	-	0
Cashless exercise of warrants
416	-	0	0	-	-	-	-
Right-of-use assets obtained in exchange for finance lease obligations
4,770	-	-	-	-	-	-	-
Right-of-use assets obtained in exchange for operating lease obligations
8,040	-	-	-	-	-	-	-
Conversion of preferred stock into common stock
9,264	-	0	0	-	-	-	-
Issuance of Common Stock
-	-	-	-	-	25,000	-	0
Issuance of Series A Preferred Stock
-	-	-	-	-	50,000	-	0
Shares assumed by legal acquirer
-	-	-	-	-	42,492	-	0
Repurchase of Common Stock from majority stockholder
-	-	-	-	-	100,000	-	0
Deferred underwriters commission
-	-	-	-	-	-	3,738	-
Deferred offering costs included in accrued formation and offering costs to related party
-	-	-	-	-	-	0	-