Dmc global inc. (BOOM)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows provided by operating activities:
Net income

34,041

30,473

-18,853

-6,505

-23,971

2,567

6,551

10,775

12,441

5,255

8,605

Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax

-

-

-

-

-

-77

478

943

-

-

-

Gain on sale of discontinued operations, net of tax

-

-

-

-

-

718

0

0

-

-

-

Depreciation

8,316

6,576

6,506

6,756

6,244

7,051

5,920

5,018

5,492

5,383

5,042

Amortization of purchased intangible assets

1,544

2,944

4,060

4,011

4,033

6,103

6,348

6,210

5,707

5,330

5,064

Amortization of deferred debt issuance costs

178

314

390

156

752

102

102

124

649

587

297

Stock-based compensation

5,204

3,580

2,975

2,326

2,826

3,588

3,401

4,443

3,397

3,501

3,425

Excess tax benefit from stock-based compensation

-

-

-

-

-

156

0

0

-

-

-

Deferred income taxes

4,289

-3,653

-556

-284

-725

-255

-521

-470

-1,587

-1,708

-2,784

Equity in earnings of joint ventures

-

-

-

-

-

-

-

-

-

255

221

Gain on step acquisition of joint ventures

-

-

-

-

-

-

-

-

-

2,117

-

Loss on disposal of property, plant and equipment

-530

-78

-125

-455

23

-12

-50

0

-35

-34

-

Restructuring expenses, net and asset impairments

19,503

1,114

4,283

1,202

4,063

6,781

756

0

-

-

-

Goodwill impairment charge

0

0

17,584

0

11,464

0

0

-

-

-

-

Transition tax liability

0

-679

946

0

0

-

-

-

-

-

-

Accrued anti-dumping duties

-

-

-

-

-

0

0

-

-

-

-

Other

-

-

-

-

23

0

0

-

-

-

-

Cash payments for restructuring charges

-

-

-

-

-

-

-

0

-

-

-

Loss on impaired assets

-

-

-

-

-

-

-

-

0

-

-

Change in:
Accounts receivable, net

1,221

11,409

14,425

-2,679

2,394

427

2,185

-717

9,551

-2,690

-11,891

Inventories

2,671

16,610

5,294

-6,829

-1,386

3,459

-6,750

2,380

8,392

-1,696

-6,604

Prepaid expenses and other

5,724

-491

440

-1,002

3,570

3,004

-89

-551

1,346

437

571

Accounts payable

10,145

2,197

5,216

-1,338

758

-932

2,228

-3,616

-1,035

2,970

-8,045

Contract liabilities

1,603

-4,721

3,207

223

-857

2,782

-360

-556

465

-4,871

3,813

Accrued anti-dumping duties and penalties

-8,000

4,391

-2,941

176

6,374

-

-

-

-

-

-

Accrued expenses and other liabilities

-3,143

12,552

3,964

510

-4,765

2,962

1,588

-409

3,451

-1,365

-3,580

Net cash flows provided by continuing operations

-

-

-

-

-

23,074

30,239

19,464

9,726

16,693

29,540

Net cash flows provided by discontinued operations

-

-

-

-

-

239

1,777

1,092

-

-

-

Net cash provided by operating activities

64,594

27,638

6,747

18,198

1,618

23,313

32,016

20,556

-

-

-

Cash flows used in investing activities:
Acquisition of property, plant and equipment

27,210

45,095

6,186

5,719

5,433

21,403

16,223

15,133

7,726

3,527

3,917

Net proceeds on sale of AMK

-

-

-

-

-

6,830

0

0

-

-

-

Proceeds on sale of property, plant and equipment

1,263

0

2

-

0

0

-

-

-

-

-

Acquisition of TRX Industries

-

-

-

-

-

-

-

10,294

0

-

-

Acquisition of minority interest

-

-

-

-

-

-

180

0

0

-

-

Acquisition of Austin Explosives Company

-

-

-

-

-

-

-

-

-

3,620

284

Step acquisition of joint ventures, net of cash acquired

-

-

-

-

-

-

-

-

-

2,065

-

Other investing activities

-

-

-

-17

-107

-1,310

489

224

5

53

-59

Net cash flows used in continuing operations

-

-

-

-

-

-13,263

-16,892

-25,651

-7,731

-9,265

-4,142

Net cash flows used in discontinued operations

-

-

-

-

-

-120

-1,348

-514

-

-

-

Net cash used in investing activities

-25,947

-45,095

-6,184

-5,702

-5,326

-13,383

-18,240

-26,165

-

-

-

Cash flows provided by (used in) financing activities:
(Payments) borrowings on revolving loans, net

17,129

1,628

2,000

-

-

-

-

-

-

-

-

(Payments) borrowings on capital expenditure facility

10,125

25,000

0

0

-

-

-

-

-

-

-

Payment on syndicated term loans

-

-

-

-

-

-

-

-

22,247

22,124

13,614

Repayments on capital expenditure facility

-

-

-

-11,250

5,003

-6,069

-9,592

12,174

24,191

780

-952

Payment on loans with former owners of LRI

-

-

-

-

-

50

63

1,176

36

-

1,231

Payment on Nord LB term loans

-

-

-

-

-

-

-

-

627

797

876

Payment on capital lease obligations

-

-

-

4

5

24

40

66

295

304

203

Payment of dividends

2,762

1,189

1,174

1,150

2,260

2,226

2,187

2,155

2,130

2,089

1,028

Payments of Debt Issuance Costs

0

314

138

0

1,222

0

0

-

435

-

341

Net proceeds from issuance of common stock to employees and directors

557

442

296

322

272

359

295

-

-

188

425

Treasury stock purchases

1,103

453

337

25

0

0

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

156

0

0

-

-601

90

Other

-

-

-

-

-

-

0

-260

184

-

-

Net cash provided by (used in) financing activities

-30,562

21,858

647

-12,107

1,788

-7,854

-11,587

8,517

-1,395

-24,947

-17,730

Effects of exchanges rates on cash

-1,107

-9

1,354

-261

-1,189

-3,274

191

-8

104

-320

383

Net increase (decrease) in cash and cash equivalents

6,978

4,392

2,564

128

-3,109

-1,198

2,380

2,900

704

-17,839

8,051

Supplemental disclosure of cash flow information:
Non-cash lease liabilities arising from obtaining right-of-use assets

8,821

-

-

-

-

-

-

-

-

-

-

Cash paid during the period for -
Interest

1,445

1,383

1,150

575

624

514

631

746

1,280

2,458

3,017

Income taxes, net

20,995

1,284

124

354

2,491

3,586

1,938

7,395

5,847

4,111

6,132

Common stock issued for acquisitions

-

-

-

-

-

-

-

-

-

3,301

94

Debt assumed in acquisitions

-

-

-

-

-

-

-

-

-

-

5,553