CRAFT BREW ALLIANCE, INC. BREW Cash Flow

Craft brew alliance, inc. (BREW)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Cash flows from operating activities:
Net income (loss)
-12,919	4,142	9,523	-320	2,218	3,077	1,959	2,526	9,651	1,686	887
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization
10,559	10,612	10,457	10,862	9,722	8,648	8,164	7,369	7,204	7,044	7,313
(Gain) loss on sale or disposal of Property, equipment and leasehold improvements
100	567	-428	-96	-343	-213	-195	-	-	-	-
Income from equity method investments, net of distributions received
-	-	-	-	-	-	-	-	691	647	513
Gain on sale of equity interest in Fulton Street Brewery, LLC
-	-	-	-	-	-	-	-	10,432	0	-
Gain on sale of equity interest in Fulton Street Brewery, LLC
-	-	-	-	-	-	-	-	-	-	0
Loss on sale or disposal of Property, equipment and leasehold improvements
-	-	-	-	-	-	-	-23	1	-102	-31
Deferred income taxes
-5,374	-506	-5,400	360	876	709	374	1,458	5,025	1,082	-56
Stock-based compensation
2,006	1,484	1,316	1,087	1,157	784	549	547	467	99	42
Impairment of assets held for sale
0	0	493	0	0	-	-	-	-	-	-
Lease expense
287	0	0	-	-	-	-	-	-	-	-
Excess tax benefit from employee stock plans
-	-	-	-	44	298	150	379	0	0	-
Other
224	503	539	654	-283	-286	286	-329	-135	-282	-
Changes in operating assets and liabilities:
Other
-	-	-	-	-	-	-	-	-	-	-136
Accounts receivable, net
-12,846	2,770	3,776	5,082	7,185	371	858	-2,396	1,976	-2,017	-1,391
Inventories
2,199	2,728	-5,500	1,614	-1,295	2,185	5,577	1,855	640	-1,445	202
Other current assets
1,049	-466	1,840	55	-1,973	1,011	-407	994	-418	-590	-791
Other assets
-	-	-	-	-	-	-	-	495	-36	-72
Accounts payable and other accrued expenses
6,180	858	-1,323	1,515	3,151	-825	2,630	1,269	-2,773	-1,353	-1,162
Deferred revenue
16,725	2,630	1,600	-	-	-	-	-	-	-	-
Accrued salaries, wages and payroll taxes
40	-266	910	-501	354	498	-651	743	471	-1,230	802
Refundable deposits
-218	-617	-1,649	-	-	-	-	-	-	-	-
Refundable deposits
-	-	-	442	-2,015	958	1,129	331	635	209	-306
Net cash provided by (used in) operating activities
27,008	13,241	16,778	7,444	11,562	9,911	8,457	-	6,728	10,798	8,954
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	13,105	-	-	-
Cash flows from investing activities:
Expenditures for Property, equipment and leasehold improvements
14,399	12,769	18,342	15,722	15,653	15,783	-	-	-	-	-
Expenditures for Property, equipment and leasehold improvements
-	-	-	-	-	-	9,894	9,138	8,488	4,669	2,303
Proceeds from sale of Property, equipment and leasehold improvements
188	23,017	95	75	412	254	0	37	120	160	-
Restricted cash from sale of Property, equipment and leasehold improvements
0	515	0	0	-	-	-	-	-	-	-
Business combinations and asset acquisitions
274	37,887	0	0	-	-	-	-	-	-	-
Expenditures for long-term deposits
-	-	-	925	933	0	0	-	-	-	-
Equity method investment
0	0	2,101	0	0	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	28	0	0
Net cash used in investing activities
-14,485	-27,124	-20,348	-16,572	-16,174	-15,529	-9,894	-	7,131	-10,313	-2,167
Cash paid for merger with Kona Brewing Co., Inc. and related entities, net
-	-	-	-	-	-	-	-	-	6,206	0
Proceeds received for federal grant associated with photovoltaic system
-	-	-	-	-	-	-	-	-	402	-
Proceeds from sale of property, equipment and leasehold improvements
-	-	-	-	-	-	-	-	-	-	136
Proceeds received for federal grant assiciated with photovolatic system
-	-	-	-	-	-	-	-	-	-	0
Proceeds from the sale of equity interest in Fulton Street Brewery, LLC
-	-	-	-	-	-	-	418	15,527	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-8,683	-	-	-
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt
5,192	0	0	-	-	-	-	-	-	-	-
Principal payments on debt and finance lease obligations
1,238	724	709	605	1,094	604	1,208	596	5,751	1,505	1,394
Proceeds from capital lease financing
-	-	-	-	-	841	0	0	-	-	-
Net borrowings under revolving line of credit
-17,112	14,893	4,224	9,198	5,737	3,000	0	-	-	-	-
Net borrowings under revolving line of credit
-	-	-	-	-	-	-	0	7,500	-1,100	5,600
Proceeds from issuances of common stock
248	427	219	172	93	488	244	13	23	127	-
Debt issuance costs
-	-	-	-	87	0	46	0	0	54	0
Tax payments related to stock-based awards
344	92	27	106	151	150	0	-	-	-	-
Tax payments related to performance shares issued
-	-	-	-	-	-	-	0	-	-	-
Proceeds from issuances of common stock
-	-	-	-	-	-	-	-	-	-	207
Excess tax benefit from employee stock plans
-	-	-	-	44	298	160	379	0	0	-
Net cash provided by financing activities
-13,254	14,504	3,707	8,659	4,542	3,873	-850	-	-13,228	-332	-6,787
Increase (decrease) in Cash and cash equivalents
-731	621	137	-469	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-204	-	-	-
Increase (decrease) in Cash and cash equivalents
-	-	-	-	-70	-1,745	-2,287	4,218	631	153	0
Supplemental disclosure of cash flow information:
Cash paid for interest
1,879	576	716	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	667	629	540	601	-774	972	1,625	2,265
Cash received for income taxes, net
-1,560	1,078	1,158	587	398	1,187	543	-416	675	223	-
Cash paid for amounts included in measurement of lease liabilities
3,010	0	0	-	-	-	-	-	-	-	-
Supplemental disclosure of non-cash information:
Right-of-use assets obtained in exchange for operating lease obligations
24,918	0	0	-	-	-	-	-	-	-	-
Right-of-use assets obtained in exchange for finance lease obligations
2,538	0	0	-	-	-	-	-	-	-	-
Purchases of Property, equipment and leasehold improvements with capital leases
0	0	521	1,173	0	0	-	-	-	-	-
Purchases of Property, equipment and leasehold improvements included in Accounts payable at end of period
1,593	3,061	519	889	1,334	636	331	-	-	-	-
Fair value of common stock issued in connection with acquisition of Kona Brewing Co., Inc. and related entities
-	-	-	-	-	-	-	-	-	11,702	0
Receivable from sale of equity interest in Fulton Street Brewing, LLC
-	-	-	-	-	-	-	-	836	0	0
Purchases of Property, equipment and leasehold improvements included in Accounts payable at end of period
-	-	-	-	-	-	-	0	0	-	-
Cash paid for income taxes, net
-	-	-	-	-	-	-	-	-	-	-760