BALLANTYNE STRONG, INC. BTN Cash Flow

Ballantyne strong, inc. (BTN)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net loss
-6,400	-10,103	-9,921	-9,358	-12,692	-12,327	-12,757	-12,566	-7,789	-3,617	-2,780	-2,217	592	-408	-1,433	-4,163	-7,916	-17,467	-15,966	-12,875	-9,574	-4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-25	-584	-592	-1,487	-1,277	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from continuing operations
-	-	-	-	-	-	-	-	-	-3,592	-2,196	-1,625	2,079	869	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Net earnings (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Provision for (recovery of) doubtful accounts
508	-621	-702	-359	-225	188	491	547	922	822	732	483	46	21	974	997	1,025	1,065	175	133	41	92	88	45	312	273	0	0	0	-	-	-	-	-	-	-	-
Provision for obsolete inventory
-84	-75	3	-269	179	170	919	1,057	323	347	282	119	415	341	-33	803	1,756	1,713	1,562	796	-241	-200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Provision for warranty
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for obsolete inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Provision for warranty
-	-	-	-	-	-	59	182	356	295	384	325	247	325	388	423	559	562	935	815	543	310	-82	-25	190	430	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
3,728	3,534	3,296	3,216	2,983	2,712	2,530	2,276	2,182	2,140	2,092	2,064	2,072	2,187	2,339	2,185	2,331	2,303	2,124	2,308	2,011	1,876	1,863	1,643	1,607	1,511	0	0	0	-	-	-	-	-	-	-	-
Amortization and accretion of operating leases
1,461	1,731	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustment to notes receivable
-	-2,857	-1,956	-307	682	1,150	2,099	1,296	1,104	1,146	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity method investment income (loss)
55	-2,011	-1,531	-528	-1,239	-552	198	-1,062	-533	1,958	1,563	2,345	2,557	117	72	43	137	96	77	77	-17	78	187	188	176	-25	0	0	0	-	-	-	-	-	-	-	-
Recognition of contract acquisition costs
-	-	-	-	-	29	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on forward contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	145	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in value of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of assets
-	-107	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-424	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on Firefly transaction (Note 6)
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on disposal or transfer of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on disposal or transfer of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Deferred income taxes
-79	-52	-233	-466	-287	-250	201	167	282	1,062	934	1,083	803	24	248	-141	213	8,817	4,733	4,655	3,616	-4,557	47	742	1,868	1,339	0	0	0	-	-	-	-	-	-	-	-
Amortization of contract acquisition costs
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
1,150	1,120	987	819	825	837	886	888	855	736	607	552	472	466	589	594	520	501	404	378	437	427	408	441	467	461	0	0	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-1,433	-1,753	-1,852	552	1,543	3,540	-258	-5,525	-4,991	-4,887	-4,582	-5,507	-2,521	-3,758	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-1,467	-2,369	-6,631	-8,932	0	0	0	-	-	-	-	-	-	-	-
Inventories
-797	-770	-511	-444	-338	-1,020	-2,055	-2,235	-2,559	-1,508	-270	-23	-491	329	2,339	2,436	4,941	1,687	-2,785	-927	-3,617	-1,518	-2,253	-3,846	-3,283	-689	0	0	0	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-221	2,085	1,600	1,542	679	-1,237	-758	-1,263	-235	0	0	0	-	-	-	-	-	-	-	-
Deferred revenue and customer deposits
-	-	-	-	-	-	-	-	-	-	-372	146	835	599	-1,465	-1,558	-544	-1,670	1,351	543	-368	872	-1,473	-2,397	-2,676	-3,327	0	0	0	-	-	-	-	-	-	-	-
Current income taxes
457	100	243	26	-288	192	100	365	288	96	56	-453	-625	-1,826	-1,513	-837	-586	1,620	5,486	4,342	3,571	1,123	-3,066	-2,028	-470	685	0	0	0	-	-	-	-	-	-	-	-
Other assets
-36	-244	-35	61	45	772	986	167	575	50	234	467	348	117	-230	-138	-86	-136	66	123	21	87	-64	-122	-169	-268	0	0	0	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
2,515	587	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue and customer deposits
839	634	366	-912	-11	682	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
-	-	-	-	-	-	-	-	-407	-300	-224	-452	-123	-378	-500	-528	-888	-325	49	617	205	-5	-255	-416	-805	-1,826	0	0	0	-	-	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-	-3,752	-1,687	2,333	2,067	2,088	931	-2,281	794	730	-3,085	-1,720	-1,542	-2,142	-2,805	758	-816	-6,317	-4,813	0	0	0	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-1,096	-1,371	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease obligations
-1,645	-1,894	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows (used in) provided by operating activities - continuing operations
-	-	-	-	-	-	-	-	-	10	-480	-833	980	-92	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash flows used in operating activities - discontinued operations
-	-	-	-	-	-	-	-	-	-123	-1,893	-792	-2,334	-3,370	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
6,263	2,199	1,987	-5,294	-7,059	-7,225	-7,849	-1,947	-2,247	-113	-2,373	-1,625	-1,354	-3,462	1,240	900	4,290	7,981	4,215	381	1,011	-3,672	-566	1,693	4,018	8,504	10,692	10,966	2,995	-429	0	0	0	-	-	-	-
Cash flows from investing activities:
Proceeds from sale of property, plant and equipment
-	121	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends received from investee in excess of cumulative earnings
-	-	-	-	-	69	92	196	173	253	24	0	103	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	2,509	0	0	0	-	-	-	-
Capital expenditures
2,581	2,467	2,481	2,233	1,885	1,984	1,546	2,059	2,511	3,275	5,609	5,212	4,717	3,762	509	871	462	458	2,037	1,747	1,946	2,043	1,355	868	714	529	1,677	2,566	2,570	2,541	1,545	1,022	1,139	2,886	0	0	0
Purchase of equity securities
-	-	-	-	-	-	-	-	-	2,525	5,466	5,809	9,167	7,048	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	220	-12	-43	-43	8	57	59	59	5	0	0	0	-	-	-	-	88	0	0	0
Net cash flows provided by (used in) investing activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash used in investing activities
-2,546	-2,346	-2,360	2,407	2,778	2,616	0	0	0	-	-	-	-	-	-	0	0	-	-	-	-1,879	-1,925	-937	-19,619	-19,465	-19,334	-20,839	-1,273	1,766	3,302	0	0	0	-	-	-	-
Cash flows from financing activities:
Proceeds from issuance of long-term debt
-	237	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on short-term debt
403	427	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
961	963	923	993	2,705	2,476	2,294	2,005	49	33	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on capital lease obligations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	102	177	199	264	230	170	148	46	15	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from employee stock purchase plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	135	100	53	53	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	178	0	0	0
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,756	0	0	0	-	-	-	-
Proceeds from employee stock purchase plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	0	0	0	-	-	-	-	-	-	-	-
Payments on capital lease obligations
-	-	-	-	-	-	-	202	226	240	217	243	257	268	425	345	264	200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-589	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-2,407	-1,865	-811	-618	7,006	7,073	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	20	3	-87	-75	-2,746	0	0	0	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
248	266	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-820	-314	-941	-567	-286	-339	-112	152	0	0	0	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	45	8	7	-1	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	359	0	0	0
Net cash used in financing activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-400	-318	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Effect of exchange rate changes on cash and cash equivalents - continuing operations
-	-	-	-	-	-	-	-	-	478	124	-267	-312	583	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net increase (decrease) in cash and cash equivalents and restricted cash
1,558	-1,746	-1,271	-3,628	1,991	2,178	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Components of cash and cash equivalents and restricted cash:
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-11,402	-16,147	-14,299	-9,474	-10,459	-3,056	-421	732	-2,241	-1,608	-6,299	-2,317	-18,218	-16,372	-11,377	-10,430	9,267	4,574	279	0	0	0	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Supplemental disclosure of non-cash investing and financing activities:
Term loan borrowings to finance equipment purchases
-	364	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease obligations for property and equipment
-	2,369	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	752	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings to finance insurance
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-