Brooks automation, inc. (BRKS)
CashFlow / Quarterly
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'10
Cash flows from operating activities
Net income

9,127

13,057

412,326

7,254

3,421

14,415

10,352

22,606

67,020

16,486

17,386

17,350

14,005

13,871

10,546

8,565

-83,939

-4,648

6,563

7,681

2,711

-2,734

262

24,499

3,265

3,496

6,012

1,568

-511

-9,219

116,253

8,025

9,726

2,831

12,720

67,628

26,603

23,486

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

16,602

16,477

14,025

14,090

14,501

11,838

9,808

9,987

9,113

8,521

7,500

6,919

6,978

6,752

6,726

7,471

7,404

6,445

6,231

6,196

6,330

6,403

6,207

6,082

5,441

5,729

5,897

5,815

6,002

6,441

5,461

5,538

5,353

5,268

4,913

4,024

4,038

4,274

Gain on settlement of equity method investment

-

-

-

-

-

-

-

-

-

-

0

0

0

1,847

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

398

1,960

0

0

0

-

-

-

-

-

-

-

-

Stock-based compensation

4,214

4,410

4,941

5,455

5,250

4,467

4,823

4,870

5,320

4,809

6,197

4,197

4,386

2,498

3,531

1,638

1,854

4,714

2,649

2,402

3,625

3,483

2,138

2,258

3,762

2,754

2,132

615

2,499

2,511

1,744

1,979

3,181

1,743

1,541

1,595

2,407

1,209

Amortization of premium on marketable securities and deferred financing costs

-27

-67

-355

-210

-321

-235

-145

-348

-95

-122

-228

4

51

-79

29

-53

-41

-274

-276

-283

-298

-336

-359

-286

-325

-285

-302

-311

-291

-370

-597

-560

-590

-654

3,817

-613

-511

-410

Earnings of equity method investments

-

-

1,312

1,835

1,269

1,772

1,857

1,329

1,422

2,180

2,132

2,530

2,777

1,942

1,132

379

710

159

149

292

-73

-532

-95

71

510

749

2,222

236

-10

-6

457

196

430

1,050

1,758

2,339

408

310

Deferred income taxes

-1,294

-8,183

-5,954

3,265

-4,790

-7,682

3,057

882

-48,467

-689

19

164

755

-421

-1,602

-1,579

77,251

-3,797

89

466

1,379

-4,107

-2,894

-1,154

1,105

1,164

-2,572

3,023

923

-4,310

-

-

-

-

-

-

-

-

Other losses on disposals of assets

1

-126

-53

-122

-28

-6

-

-

-

-

300

-11

8

109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of divestiture, net of tax

0

-319

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

87

-

-

-

-

-

-

-

-

Gain on disposal of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

6

-2

39

-13

-35

-4

1,769

-525

163

-13

-

-

-

-

14

-10

-27

13

Changes in operating assets and liabilities, net of acquisitions and divestiture:
Accounts receivable

14,173

-1,503

4,989

-3,198

-4,172

13,826

-4,424

15,938

792

16,157

-3,466

4,972

-1,465

11,137

4,658

-3,526

882

-218

-13,936

5,801

18,242

-4,973

-1,682

-16,473

7,958

-1,901

-9,930

12,997

10,727

-20,216

-9,223

7,056

6,886

-3,935

-10,377

-5,738

11,148

-4,949

Inventories

4,759

4,335

-3,498

-3,561

-2,268

12,260

2,718

5,414

10,715

5,518

-59

5,510

4,411

2,930

-6,455

-2,484

493

-119

4,400

3,993

-2,710

236

-8,448

-874

666

-942

1,844

-3,600

-6,893

-6,841

-4,913

2,579

2,334

-5,874

7,883

1,504

-1,545

11,289

Prepaid expenses and other assets

746

-6,120

18,118

-171

-909

-1,029

-719

-12,853

20,533

-3,285

-247

3,820

-1,260

3,516

-3,481

1,863

349

1,697

-2,006

-484

7,119

-1,754

8,713

5,158

-881

-665

-5,944

-2,720

4,622

-317

-6,942

409

242

490

-960

-392

-736

-2,117

Accounts payable

552

5,255

11,456

-673

-14,020

7,932

-11,199

1,757

10,450

4,449

-1,624

-602

-2,968

13,040

-454

2,384

566

-7,639

-3,242

3,255

6,228

2,117

3,788

-15,960

4,769

-4,521

3,881

2,502

7,533

-10,793

-17,678

602

11,804

-5,910

-3,287

-7,005

-1,383

-3,424

Deferred revenue

-758

-720

-746

-451

-975

6,385

2,304

3,270

-4,159

1,376

-9,826

3,450

3,688

10,737

-10,461

-8,367

6,666

8,872

-4,440

1,529

-4,573

705

-7,343

-165

16,658

-3,250

2,620

2,640

5,051

-1,340

-1,059

324

-1,522

-2,427

3,251

-1,502

422

-330

Accrued warranty and retrofit costs

514

221

87

282

168

572

35

-176

-103

87

303

507

796

-4

377

246

-28

-305

-87

-46

16

-290

-282

131

-423

-528

-612

-40

-27

-1,127

-51

100

-20

-152

-782

-100

-224

-314

Accrued compensation and tax withholdings

5,233

-5,755

2,951

1,719

2,719

-13,842

7,230

2,899

6,994

-11,145

5,286

2,078

5,085

-6,884

3,324

739

2,762

-10,059

759

4,293

3,133

-9,333

1,299

2,754

1,576

1,154

-2,414

2,491

1,352

-4,054

-1,009

1,761

-1,360

-4,270

1,789

2,371

367

-2,810

Accrued restructuring costs

91

-203

760

-304

124

-181

443

-187

-744

-592

-40

-402

-1,261

-2,538

140

-1,603

5,730

-407

-587

-654

-525

519

-381

2,401

90

51

-393

-774

-2,195

2,390

1,465

633

-200

32

-269

-987

-971

-985

Accrued expenses and other liabilities

11,071

-2,616

29,714

-248

-6,799

8,948

4,398

-17,097

9,257

362

8,365

1,247

-2,354

3,061

7,239

2,423

-3,125

-4,308

-255

715

5,880

-1,089

7,820

-3,753

-1,172

-1,022

-1,150

1,130

-677

-3,237

-3,908

1,610

-1,025

-929

-3,614

4,376

-1,287

713

Net cash (used in) provided by operating activities

-65,800

25,743

32,657

36,012

15,965

6,264

31,206

19,331

20,211

3,216

34,843

18,083

24,588

18,710

23,438

15,738

12,748

-12,377

22,256

16,518

1,918

3,035

13,443

4,687

27,178

8,473

24,752

12,893

11,632

5,112

3,464

10,877

16,588

5,109

20,431

28,301

21,235

17,683

Cash flows from investing activities
Purchases of property, plant and equipment

11,556

9,614

8,313

5,872

6,116

3,560

3,467

3,645

2,975

2,700

5,850

1,674

1,385

3,768

3,434

3,324

3,604

2,486

10,201

2,298

2,071

1,576

2,134

688

1,681

1,015

925

1,132

937

641

2,289

1,980

2,321

2,063

2,292

988

1,537

1,638

Purchases of marketable securities

101

10,742

33,935

0

0

1,290

11,380

8,752

22,685

26,875

-

-

-

-

0

1

-1

12,901

28,342

28,252

8,470

22,269

46,152

64,574

37,479

26,082

19,159

33,312

21,101

18,168

38,709

54,209

15,518

23,579

40,897

74,596

32,521

38,704

Sales of marketable securities

-

-

0

0

0

48,900

-

-

-

-

-

-

-

-

0

0

3,515

135,873

29,493

26,890

15,424

32,201

22,506

43,028

27,956

18,595

17,441

29,404

22,556

75,622

34,818

34,529

37,421

24,549

41,451

41,093

12,326

25,225

Maturities of marketable securities

8,642

33,584

0

0

0

2,557

9,032

8,350

0

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disbursement for a loan receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

330

750

441

300

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions, net of cash acquired

-

-

0

0

-2,506

445,210

2,778

17,989

-86

65,074

39,445

0

0

5,346

-250

0

0

125,498

-2,807

0

1,829

15,428

-2,207

37,832

0

0

9,326

0

2,972

56,033

500

0

0

8,716

-

-

-

-

Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-177

177

0

-763

0

1

-55

-46

-430

-

-

-

-

Purchase of other investments

-

-

-

-

-

-

-

-

-

-

0

0

0

170

-250

250

250

0

500

0

2,500

2,500

0

-4,000

4,000

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of property, plant and equipment

-

-

-

-

-

-

0

0

0

200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of deferred leasing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,058

1,390

686

-

-

-

-

-

-

-

-

Net cash used in investing activities

-17,266

13,228

619,393

-5,872

-3,610

-398,599

-6,509

-22,036

-25,574

-94,349

-45,195

1,676

-1,385

-9,284

-458

-4,325

-779

-5,312

-4,965

-3,660

560

-9,572

-23,573

29,303

-15,204

-8,325

-1,233

-5,297

-713

94

-6,681

-24,605

19,628

-9,379

-88,805

45,192

-25,520

-15,117

Cash flows from financing activities
Proceeds from term loans, net of discount

-

-

0

0

345,846

340,540

0

0

0

197,554

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of financing costs

-

-

-

-

-

-

0

0

0

318

1

0

0

27

200

508

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on debt

0

414

495,250

2,651

350,500

1,789

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of capital leases

320

319

348

362

366

121

-

-

-

-

-

-

-

-

-

-

-

-

-

124

123

121

239

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Common stock dividends paid

7,378

7,369

7,237

7,229

7,221

7,208

7,083

7,077

7,068

7,057

7,000

6,987

6,979

6,966

6,890

6,875

6,894

6,844

6,763

6,749

6,749

6,731

6,731

5,344

5,409

5,391

5,341

5,315

5,361

5,311

5,234

5,277

5,257

5,185

-

-

-

-

Net cash (used in) provided by financing activities

-5,368

-8,102

-500,961

-10,242

-11,380

331,422

-6,152

-7,577

-6,173

190,179

-5,921

-6,987

-6,019

-6,993

-5,784

-7,383

-5,946

-6,844

-14,284

-6,873

-6,005

-6,852

-9,288

-5,344

-4,442

-5,391

-4,459

-5,315

-4,392

-5,311

-4,370

-5,278

-4,415

-5,185

-

-

-

-

Effects of exchange rate changes on cash and cash equivalents

-4,611

2,808

-2,770

-263

451

-1,004

-213

-4,358

3,213

1,671

814

370

3,810

-4,574

1,774

-76

567

-617

-1,955

509

-1,056

-2,966

-2,015

1,620

-266

287

2,023

-514

-1,329

389

662

-585

141

-165

-1,405

294

620

-77

Net decrease in cash, cash equivalents and restricted cash

-93,045

33,677

148,319

19,635

1,426

-61,917

18,332

-14,640

-8,323

100,717

-15,459

13,142

20,994

-2,141

18,970

3,954

6,590

-25,150

1,052

6,494

-4,583

-16,355

-21,433

30,266

7,266

-4,956

21,083

1,767

5,198

284

-6,925

-19,591

31,942

-9,620

-74,282

73,787

-2,984

2,489

Supplemental disclosure of non-cash investing and financing activities:
Purchases of property, plant and equipment included in accounts payable

-1,317

2,622

-

177

-47

1,717

-

702

-149

865

-

466

119

424

-

410

-120

955

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs included in accounts payable

-

-

-

-

-

1,750

-

-

-

143

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of non-cash consideration for the acquisition of Cool Lab, LLC

-

-

-

-

-

-

-

-

-

-

0

0

0

10,348

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-