BASSETT FURNITURE INDUSTRIES INC BSET Cash Flow

Bassett furniture industries inc (BSET)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	Jun'19	Mar'19	Nov'18	Aug'18	Aug'18	May'18	May'18	Feb'18	Feb'18	Nov'17	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11
Operating activities:
Net income
1,210	-5,138	2,157	445	608	1,897	-	2,945	-	4,289	-913	-913	-	4,974	4,579	5,842	2,861	-	5,045	4,165	3,385	3,234	5,682	4,266	4,529	5,956	3,649	2,256	2,551	843	1,607	556	1,953	980	16,896	2,371	8,042	-596	633	417	62,547	-8,255
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization
3,623	3,408	3,357	3,365	3,370	3,283	-	3,232	-	3,384	3,304	3,304	-	3,252	3,354	3,355	3,351	-	3,383	3,255	2,794	2,817	2,835	2,573	2,583	2,146	1,888	1,990	1,746	1,692	1,753	1,555	1,456	1,434	1,542	1,316	1,299	1,316	1,364	1,243	1,442	1,465
Gain on lease modification
152	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of property and equipment
-	-	-	-	-	-	-	-6	-	172	-	-36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in undistributed income of investments and unconsolidated affiliated companies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	220	127	191	278	65	304	184	168	114	190	23	118	16	58	-139	2,861	-940
Non-cash asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	106	-	-	-	-	-	-	-	-	0	0	475	236	418	123	1,080	879
Non-cash portion of lease exit costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	419	-	-	-	-	-	-	-	-	0	0	131	228	0	0	1,344	884
Gain on sale of property and equipment
58	-	-	-	9	104	-6	-	172	-	-36	-	-	-88	1,278	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Remeasurement gain on acquisition of affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7,212	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for lease and loan guarantees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32	-142	175	1,282
Provision for losses on accounts and notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	374	90	6,200	6,826
Other than temporary impairment of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	806	-	-	-	-
Tenant improvement allowances received from lessors
-	-	-	-	-	-	1,360	-	360	-	500	-	478	-	450	715	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on mortgage settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	869	872	-436
Deferred income taxes
-125	-2,912	-1	-22	45	2,043	-	437	-	-27	2,210	2,210	-	-497	-123	215	103	-	964	3,162	395	803	-1,848	-434	-66	4,278	-338	1,042	-172	12	998	931	182	171	-15,164	-765	87	20	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-41	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-321	-1,336	-437	67	209	-1,523	-	159	-	-352	-488	-891	-	-1,502	444	-547	-413	-	-762	276	-403	-294	-121	-427	-469	-549	-429	586	-1,120	699	-1,565	397	389	102	678	-1,325	-671	341	129	509	-1,174	322
Changes in operating assets and liabilities:
Accounts receivable
1,873	795	-64	-2,260	4,084	-549	-	-1,059	-	-750	626	626	-	207	114	1,014	-110	-	-894	102	-927	-1,509	1,603	-739	2,511	-1,021	-756	996	435	-1,450	30	899	617	-860	2,651	653	557	-894	-288	1,254	-2,370	370
Inventories
1,213	837	-1,250	37	3,318	649	-	1,660	-	-1,751	5,440	5,440	-	-3,272	-345	2,620	1,915	-	-198	-1,421	-2,705	-2,357	-5,541	2,459	1,302	4,404	3,052	1,518	-1,143	776	-5,406	2,481	-1,813	-109	2,359	6,162	1,856	930	792	1,691	-4,770	1,988
Other current assets
536	-	-	-	3,163	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,763	981	1,120	-	1,058	-375	439	-	-271	-737	760
Right of use assets under operating leases
-6,721	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current and long-term assets
-	-	-	-	-	465	-	-1,815	-	929	1,382	1,382	-	-558	209	-973	-1,155	-	-792	3,270	125	1,326	-1,515	-2,100	-204	2,325	-816	719	-1,437	-14	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-1,292	2,857	-2,426	494	-2,741	5,989	-	-925	-	-4,850	-	-164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-925	-	-4,850	-	-164	-	6,350	-	-1,892	-3,509	977	-	5,049	0	-3,152	-715	4,992	-3,959	-2,359	3,122	2,042	748	226	2,896	1,174	699	-1,614	3,702	-	-	-	-	-	-	-	-
Accounts payable and other liabilities
-2,266	3,827	852	459	-6,233	3,441	-	4,601	-	-3,273	588	1,088	-	5,186	538	5,094	-4,978	-	2,649	-194	627	-6,553	4,968	-1,724	8,223	-4,341	4,687	2,726	-127	-29	-1,093	-737	-780	-3,952	-232	2,318	1,007	-2,472	2,438	-5,420	-534	-8,905
Obligations under operating leases
-9,603	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,955	8,590	2,420	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-5,243	11,868	6,883	6,792	-15,734	18,277	-	11,351	-	1,275	-1,399	-996	-	22,359	5,206	7,415	2,077	-	-	-	-	-	21,061	3,108	11,132	-905	11,991	4,451	8,481	5,338	10,537	-2,720	855	1,968	1,025	-1,331	9,556	-1,294	6,903	-7,713	-861	-3,760
Investing activities:
Purchases of property and equipment
1,340	6,724	2,338	2,761	5,552	5,669	-	4,970	-	3,704	3,958	3,958	-	4,683	1,645	3,562	5,610	-	2,546	4,839	5,548	8,568	2,691	3,341	4,024	3,918	2,770	3,001	5,310	6,899	4,755	4,363	2,563	2,621	2,142	2,506	2,434	1,918	1,709	1,495	478	486
Proceeds from sales of property and equipment
1,697	1,524	108	11	0	201	-	25	-	2,463	0	-	-	0	4,411	60	3	-	35	55	557	20	29	0	2,952	0	0	3,750	0	1,407	-	-	0	955	-	-	-	5	-	-	-	26
Cash paid for business acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	-51	7,374	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,784	-4,991	-8,548	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital contribution to affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,345	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,348	0	0	0	1,410	-	-	-	-
Proceeds from maturities and sales of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,000	-	-	-	-	3,668	311	477	398	372	322	1,234	1,369
Purchases of investments
241	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	478	446	461	396	207	322	1,234	1,369
Cash received on notes receivable and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40
Other
193	142	849	-226	-117	615	-	145	-	46	0	481	-	1,080	0	0	-223	-	-	0	0	0	-	-	-	-	-	-58	-140	-48	-	-	-3	-2	-	-71	-11	-2	-	-	-	-
Net cash used in investing activities
-77	-5,135	1,921	-2,524	-5,435	-6,083	-	-4,608	-	-1,287	-19,514	-19,995	-	-3,809	2,766	90	-6,039	-	-	-	-	-	-2,662	-3,341	-1,021	-12,637	-2,696	807	-2,822	-444	-4,754	-31,277	-3,685	684	2,142	-3,038	-2,412	-499	-1,522	11,260	70,185	-420
Financing activities:
Cash dividends
1,260	1,266	1,264	1,312	1,291	1,338	-	1,338	-	1,182	4,942	4,942	-	1,181	1,181	1,073	4,290	-	1,073	1,093	999	3,146	980	1,029	854	2,923	839	836	652	2,828	652	656	543	1,084	14,251	564	563	6,063	-	-	-	-
Proceeds from the exercise of stock options
0	0	0	0	25	0	-	0	-	27	0	-	-	0	89	0	221	-	0	0	114	0	13	1,025	1,583	1,410	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other issuance of common stock
75	82	87	85	74	91	-	91	-	89	84	84	-	85	83	0	0	-	0	6	92	84	71	83	86	85	69	95	65	82	-250	181	142	320	563	138	118	39	36	48	53	35
Repurchases of common stock
766	500	4,498	1,335	1,012	3,098	-	2,025	-	579	244	244	-	0	1	56	26	-	2,404	2,059	156	1,774	697	1,119	64	191	981	1,691	2,643	287	991	233	290	236	1,443	4,322	604	646	-	-	-	-
Taxes paid related to net share settlement of equity awards
215	0	0	0	0	0	-	152	-	0	522	522	-	0	167	0	474	-	0	77	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of finance lease obligations
12	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of notes payable
0	-	-	-	109	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,204	75	1,765	362
Proceeds from equipment loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	692	2,488	4,204	0	0	647	660	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	456	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on notes and equipment loans
-	-	-	-	-	-144	-	-105	-	-104	-3,102	-3,024	-	-2	-96	-96	-3,095	-	-7,016	-2,315	-525	-4,395	-1,138	-416	-842	-372	-320	-67	-73	-68	-370	-53	-67	-59	-421	-49	-51	-49	-2,272	-2,584	-3,568	-223
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,846	1,014	-5,027	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-2,178	-1,684	-5,747	-2,673	-2,313	-4,489	-	-3,529	-	-1,749	-8,726	-8,648	-	-1,098	-1,273	-1,225	-7,664	-	-	-	-	-	-2,731	-1,634	100	-875	-2,064	-2,698	-3,303	-3,101	-1,954	-670	-758	-1,059	-15,568	-4,797	-1,100	-6,719	-4,669	-4,570	-5,753	-550
Change in cash and cash equivalents
-7,498	5,049	3,057	1,595	-23,482	7,705	-	3,214	-	-1,761	-	-29,639	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash and cash equivalents
-	-	-	-	-	-	3,214	-	-1,761	-	-29,639	-	17,452	-	6,699	6,280	-11,626	-	7,093	-1,675	4,613	-11,155	15,668	-1,867	10,211	-14,417	7,231	2,560	2,356	1,793	3,829	-34,667	-3,588	1,593	-12,401	-9,166	6,044	-8,512	712	-1,023	63,571	-4,730
Acquisition of Lane Venture [Member]
Cash paid for business acquisition
-	-	-	-	-	-	-	0	-	0	-	15,556	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-