Chefs’ warehouse, inc. (CHEF)
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'11
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

-14,085

10,888

4,425

7,746

1,134

8,882

4,157

6,819

544

9,483

2,851

3,674

-1,642

9,142

1,343

-8,455

993

6,655

5,223

3,364

967

5,199

4,208

3,819

989

4,836

4,161

5,346

2,647

3,604

3,815

4,459

2,633

5,211

-1,186

2,653

1,020

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation, Depletion and Amortization

4,762

3,789

3,484

3,174

2,881

3,062

2,734

2,184

2,316

2,194

2,095

2,105

2,122

2,116

2,029

1,731

1,206

1,741

1,625

1,707

887

883

683

750

797

596

653

604

668

628

64

776

606

231

429

460

322

Amortization of Intangible Assets

3,298

3,178

3,301

3,307

2,877

2,961

2,966

3,080

2,903

3,321

2,981

2,911

2,820

2,729

3,137

2,784

2,783

2,699

2,165

3,244

1,345

725

1,468

1,469

1,468

1,259

1,236

1,225

1,076

-

-

-

-

-

-

-

-

Provision for allowance for doubtful accounts

18,431

1,704

1,363

1,063

851

979

1,165

1,149

497

1,220

1,094

1,080

667

550

1,122

518

1,034

891

752

604

662

436

291

338

130

481

69

182

192

705

385

150

194

259

390

261

279

Non-cash operating lease expense

244

253

639

614

537

316

-17

159

312

31

59

240

-45

2,908

83

-554

-869

1,325

-162

-328

15

55

78

9

-37

-49

-53

-110

-119

-78

-107

-209

92

50

120

22

98

Original issue discount amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,767

178

182

Deferred taxes

-1,900

60

671

201

1,131

1,993

376

-155

340

-2,458

1,167

-575

1,163

1,822

379

-369

1,159

951

-705

-333

-722

1,244

383

-525

-929

742

-110

-1,177

1,515

-445

-56

227

191

372

501

77

214

Unrealized gain on interest rate swap

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

81

Unrealized gain on forward contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-205

-67

310

Accrual of paid in kind interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

275

800

750

Amortization of deferred financing fees

762

602

522

522

522

1,498

555

553

549

510

510

521

543

598

534

317

358

320

343

281

284

236

210

214

216

242

200

62

143

139

153

81

73

76

133

192

320

Stock compensation

851

1,488

908

1,088

915

1,095

1,090

1,072

837

634

770

870

744

670

540

809

560

670

449

2,096

324

342

314

363

355

318

303

300

289

212

975

102

258

-

-

-

-

Change in fair value of contingent earn-out liabilities

-6,812

548

2,536

2,688

107

-578

1,798

104

124

-651

24

24

24

-8,430

214

-1,470

-345

251

59

208

40

-1,905

65

64

195

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property

-42

-37

-24

-6

-34

-139

0

-30

0

-

-

-

-

112

-40

0

-3

-45

-9

0

349

-

-

-

-

-

-

-

-

-

-

-

-

-3

0

0

-3

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

-33,141

12,144

8,493

6,354

-13,778

15,164

4,129

6,670

-6,497

7,851

2,838

8,334

-5,412

7,130

-1,412

6,640

-9,855

7,761

-244

6,810

-3,272

8,850

5,154

9,574

-2,246

3,747

1,518

6,057

-5,439

5,649

1,882

3,425

-3,217

273

1,936

4,522

302

Inventories

-2,501

1,851

-377

8,642

-677

1,994

-5,846

10,936

-754

-7,948

11,053

5,251

3,427

-1,400

-3,903

-109

-1,626

-73

1,334

9,097

-4,249

4,796

3,603

2,462

-52

-1,657

1,816

2,186

-2,740

2,682

768

2,431

-751

2,338

-52

840

843

Prepaid expenses and other current assets

8,855

-3,350

4,523

433

207

-268

1,672

1,235

-2,759

-3,094

2,636

-251

-4,053

-8,444

3,813

12,176

-377

-751

1,507

198

-2,268

-922

2,943

2,587

-10,682

9,074

972

-162

-677

-1,301

2,846

786

-271

-1,249

2,493

-480

-1,009

Accounts payable, accrued liabilities and accrued compensation

-14,311

12,960

-3,703

12,528

-18,010

6,514

1,471

13,016

-7,324

-10,024

8,527

15,984

-4,081

7,483

8,135

-5,786

-10,773

14,227

3,113

3,773

-5,762

13,440

97

107

-2,900

236

-8,365

8,935

-2,018

682

855

3,106

-3,293

4,905

-5,254

6,141

721

Other assets and liabilities

-3,916

3,400

-124

3,009

-164

-1,605

1,752

792

568

3,365

-2,039

98

-56

-1,128

-1,009

94

-271

-386

-287

358

-156

1,922

1,993

635

-2,720

-

-

-

30

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-5

-45

264

676

-24

-56

519

520

78

220

87

575

354

11

155

278

9

150

59

331

36

-28

35

-130

-488

642

50

Net cash provided by operating activities

21,985

21,462

1,655

14,499

7,391

11,576

14,588

8,378

10,540

8,294

1,527

13,553

8,123

17,706

17,907

-5,614

8,915

20,982

10,233

-695

7,207

9,169

-2,415

-7,420

10,463

-4,110

-6,070

7,360

13,458

-934

1,818

2,733

4,774

10,251

-1,950

5,283

3,136

Cash flows from investing activities:
Capital expenditures

3,093

3,775

3,753

4,424

4,125

10,410

3,862

2,642

2,903

2,451

3,490

2,606

3,764

5,091

3,498

4,873

3,161

2,409

4,091

6,103

9,053

8,431

5,489

4,469

5,817

6,044

2,359

1,921

1,380

453

765

1,256

712

606

652

434

389

Cash paid for acquisitions, net of cash received

63,450

0

-215

302

27,990

2,002

0

9,522

2,377

373

29,722

0

0

-

-

-

-

-

-

-

-

-

-

-

-

23,631

336

32,143

21,885

-

-

-

-

-

-

-

-

Proceeds from asset disposals

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

14,671

0

1,516

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-66,543

-3,775

-3,538

-4,726

-32,115

-12,412

-3,862

-12,134

-5,280

-2,824

-33,212

-2,606

-3,764

-4,541

-23,240

-4,873

-3,161

-2,409

10,642

-129,996

-7,537

-8,348

-5,082

-4,426

-5,817

-29,675

-2,695

-34,064

-23,265

305

-54,496

-20,804

-712

-9,452

-652

-9,340

-389

Cash flows from financing activities:
Payment of debt, finance lease and other financing obligations

687

101

77

1,679

37

1

47,111

1,069

1,179

1,189

1,197

9,253

1,191

2,225

26,181

128,577

1,897

16,542

1,903

3,564

1,884

1,843

1,807

1,646

1,758

1,619

87

1,522

2,043

44

1,033

26,027

3,027

1,526

88,986

1,422

1,351

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,071

3,507

630

1,379

846

2,575

-

-

-

-

-

-

-

-

Payments of Financing Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

0

29

1,156

45

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

0

906

77

146

412

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Surrender of shares to pay withholding taxes

838

21

133

126

742

73

120

99

472

45

136

79

240

17

128

127

297

32

191

647

222

5

212

41

233

-1

207

0

63

-

-

-

-

-

-

-

-

Cash paid for contingent earn-out liability

-500

-1,445

-767

-200

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings under asset-based loan facility

100,000

-

-

-

0

-

-

-

-

-

-

-

-

0

0

20,400

12,800

17,682

32,000

136,000

24,300

-

-

-

0

0

13,600

32,800

24,400

18,300

69,200

261,401

-100,643

681,989

-99,635

-100,771

-81,706

Repayments of Lines of Credit

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

110,400

16,182

18,300

50,900

25,700

21,700

-

-

-

-

0

28,600

103,300

13,900

19,700

15,405

53,869

101,666

116,213

99,548

94,729

84,224

Net cash provided by (used in) financing activities

97,975

101,033

-900

-2,819

-367

-6,615

-474

-1,702

-1,651

32,025

-1,333

-9,832

-1,431

-6,416

-16,611

55,838

-5,576

-17,495

-21,622

131,089

-926

-2,579

-2,019

401

1,499

-981

61,116

27,668

10,924

-1,447

52,436

18,462

-4,050

-310

2,727

4,620

-3,869

Effect of foreign currency on cash and cash equivalents

-133

34

-32

23

-2

4

12

-23

-39

-62

85

83

16

-78

-116

155

113

-109

-139

13

-112

-71

-37

27

-31

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

53,284

118,754

-2,815

6,977

-25,093

-7,447

10,264

-5,481

3,570

37,433

-32,933

1,198

2,944

6,671

-22,060

45,506

291

969

-886

411

-1,368

-1,829

-9,553

-11,418

6,114

-34,602

52,306

1,075

1,117

-2,076

-242

391

12

489

125

563

-1,122

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,885

624

-

3,933

4,737

115

-

3,140

5,419

601

1,948

4,036

4,954

1,353

925

594

971

151

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,808

2,052

-

1,960

2,016

1,981

-

2,207

714

1,126

996

774

555

456

952

1,933

2,775

1,695

Software financing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

532

655

1,117

-

-

-

-

-

-

-

-

-

-

-

-