Circor international, inc. (CIR)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'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
OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent

1,556

-112,338

-18,520

-4,633

-21,004

-6,841

5,902

-17,441

-5,570

3,617

8,969

4,773

-2,002

4,418

3,813

3,872

7,156

-8,078

1,872

8,913

9,155

14,673

11,926

14,632

8,825

17,719

12,669

7,908

9,208

1,870

11,136

8,585

10,285

10,947

7,496

7,906

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

5,382

4,445

6,229

5,944

6,104

5,605

7,157

7,334

1,511

3,544

3,547

3,798

3,690

3,138

3,213

3,263

3,578

3,526

3,629

3,521

4,283

3,978

4,116

4,069

4,091

3,908

4,026

4,009

3,967

3,932

3,825

4,008

3,820

3,769

3,921

3,575

Amortization

11,568

11,668

11,519

12,836

12,324

12,194

12,282

12,329

5,130

3,275

3,124

3,092

4,730

2,488

2,569

2,529

2,939

3,205

2,827

710

749

776

805

786

766

764

751

758

773

936

923

964

1,058

1,097

778

1,418

Bad debt expense

1,086

-544

-34

109

-1,193

29

642

261

512

584

-265

-54

3,258

-75

-5

-848

-271

1,363

1,157

312

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,125

377

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on write down of inventory

-

-6,319

3,252

3,368

-

-1,520

3,113

963

-

395

520

548

-

1,773

1,486

2,525

-

8,135

3,163

510

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of inventory step-up

-

0

0

0

-

0

0

6,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Compensation expense of share-based plans

1,218

1,068

1,700

1,432

819

1,280

1,501

1,365

1,111

1,310

648

738

1,345

1,291

1,371

1,538

768

1,689

1,900

2,222

1,232

1,936

2,190

1,830

1,713

1,187

1,128

1,028

965

1,092

1,122

1,195

800

1,047

824

1,136

Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Change in Unrealized Gain (Loss)

-

-

-

-

-

-

-

-

-

0

9,700

2,500

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense, Debt, Excluding Amortization

953

1,672

987

1,010

1,085

844

1,127

881

759

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax effect of share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-268

7

208

-92

-125

-28

-2

289

12

-227

400

571

196

114

137

285

-69

-74

-20

-479

24

12

381

256

Loss (gain) on property, plant and equipment

-1,096

3,715

-922

96

-14

-329

247

-1,284

-262

-153

-44

110

-470

-122

-1,613

-1,503

-

-

-

-46

-54

79

88

-34

252

-59

63

66

13

-1,015

-131

-2

1

29

41

-2

Loss on sale of businesses

-6,322

11,872

1,117

-10,282

-1,882

0

0

0

-

-

-

-

-

-

-

-

2,088

-2,016

0

972

-3,413

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of effects from business acquisitions:
Trade accounts receivable

-6,926

-3,843

-22,205

8,635

17,749

7,643

8,875

-22,038

26,014

7,696

-2,460

-14,018

-3,114

-3,867

-466

-11,089

-12,275

4,195

-5,619

-6,694

6,549

8,185

13,753

9,952

-6,516

-9,899

6,951

2,455

-6,519

-6,189

9,851

-3,539

16,613

-4,541

9,524

-3,734

Inventories

-2,167

-3,324

11,596

3,452

-9,523

-11,921

-26

14,850

-45,350

17,321

14,412

-2,030

-15,876

-6,935

-4,795

-8,486

-14,814

1,385

8,668

19,207

5,794

14,751

-3,366

-234

5,222

-4,026

-2,402

6,461

1,994

-13,926

3,161

2,179

-5,313

9,665

31,418

2,818

Prepaid expenses and other assets

-27,906

15,183

8,244

-2,881

6,244

3,909

4,969

11,648

-4,760

3,413

3,714

4,297

-1,909

-4,025

-807

4,287

1,985

-5,683

5,053

3,431

-1,005

264

-1,002

859

33

-2,605

1,585

827

312

702

-4,141

5,549

13,465

3,617

-821

6,657

Accounts payable, accrued expenses and other liabilities

-27,680

11,918

4,646

-23,052

40,838

17,005

-18,124

-9,261

-15,088

-1,302

6,146

-5,841

-9,196

-7,000

-10,053

-22,108

-13,102

-7,495

4,050

-18,224

11,863

6,965

1,134

6,854

-16,551

-2,324

1,385

2,198

9,674

-16,619

4,452

-14,011

30,365

-9,500

31,675

-4,822

Net cash provided by (used in) operating activities

16,824

9,128

12,339

-22,378

30,531

24,073

-465

-145

7,629

-11,554

-2,633

16,195

20,449

21,197

10,099

7,654

30,501

5,007

10,829

-19,195

26,255

17,216

10,298

17,057

18,445

34,329

13,625

5,807

29,691

22,061

11,738

-2,967

21,845

-1,422

-72,474

3,218

INVESTING ACTIVITIES
Payments to Acquire Property, Plant, and Equipment

4,336

1,977

3,825

3,717

5,212

3,023

3,645

8,234

5,041

2,269

2,503

3,001

3,916

3,778

2,977

4,021

3,107

4,037

2,957

2,610

3,910

3,297

2,933

2,670

3,749

4,771

4,101

4,707

4,073

3,314

6,661

4,122

6,647

3,791

4,770

2,693

Proceeds from the sale of property, plant and equipment

6,073

-759

830

28

19

-38

82

93

516

-49

128

190

514

48

1,051

87

1,009

1,200

0

0

30

729

19

13

316

34

239

75

341

169

16

15

33

34

38

12

Purchases of property and equipment included in accounts payable and accrued expenses

-

-247

465

1,018

-

-189

-341

2,104

-

891

0

509

-

-570

418

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

Proceeds from divestitures

-465

80,853

-1,118

83,321

2,753

0

0

0

-

-

-

-

-

-

-

-

0

0

0

2,759

10,000

177

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments to acquire businesses, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

20,221

Goodwill, Purchase Accounting Adjustments

-

-

-

-

-

-

-

-

-

0

0

1,467

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

1,835

75,682

-4,113

79,632

-6,354

-5,119

2,737

-8,141

-496,087

-2,318

-2,375

-1,344

-200,891

-3,730

-1,926

-3,934

-2,098

-2,837

-82,940

149

6,120

-2,391

-2,914

-2,657

-3,433

-1,337

-3,862

-4,632

-3,732

-3,145

-6,645

-4,107

-6,614

-3,755

-4,733

-22,903

FINANCING ACTIVITIES
Proceeds from long-term debt

49,650

82,450

62,100

87,400

48,700

63,000

64,650

71,950

712,620

45,242

298,121

34,900

232,611

24,650

30,800

35,139

19,775

39,239

155,477

46,903

40,958

27,194

33,881

48,029

41,952

30,371

40,657

33,598

15,614

61,852

67,820

41,123

54,891

23,368

140,339

60,748

Payments of long-term debt

54,900

171,597

67,800

140,500

73,272

81,363

61,405

44,106

161,858

29,092

289,133

43,100

73,800

29,850

31,019

27,871

40,174

41,297

78,993

21,540

60,221

36,364

46,995

41,781

41,888

39,672

47,024

37,655

28,878

74,096

70,138

47,806

52,636

24,275

67,216

34,778

Dividends paid

-

-

-

-

-

-

-

-

627

628

627

624

624

624

624

625

622

629

636

672

670

670

671

670

689

671

670

670

666

666

665

666

663

662

662

663

Proceeds from the exercise of stock options

147

0

106

0

0

250

139

301

33

0

412

295

54

12

69

111

-1

189

32

38

0

183

45

192

551

345

130

1,368

58

254

21

73

93

20

263

213

Payments for Return of Cash to Seller

0

0

0

0

1,716

0

53,296

7,905

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax effect of share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-22

-7

-24

-92

-125

-28

-2

289

12

-227

400

571

196

114

137

285

-69

-74

-20

-479

24

12

381

256

Payments for Repurchase of Common Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,455

0

56,226

13,291

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-5,103

-89,147

-5,594

-53,100

-26,288

-18,113

-49,912

20,240

520,529

15,245

8,323

-8,529

158,719

-5,819

-798

6,662

-26,602

-2,526

19,652

11,727

-19,921

-10,804

-13,340

6,341

122

-9,513

-6,770

-3,074

-13,941

-12,730

-2,982

-7,755

1,709

-1,537

71,104

25,776

Effect of exchange rate changes on cash and cash equivalents

1,950

-2,546

-164

957

-658

631

-6,741

956

2,658

2,282

3,001

1,055

-4,927

311

-985

1,657

-1,082

-849

3,514

-10,081

-5,757

-5,767

185

-824

756

1,975

205

-2,207

744

1,376

-1,988

1,265

-1,339

-2,334

914

1,648

INCREASE IN CASH AND CASH EQUIVALENTS

15,506

-6,883

2,468

5,111

-2,769

1,472

-54,381

12,910

34,729

3,655

6,316

7,377

-26,650

11,959

6,390

12,039

719

-1,205

-48,945

-17,400

6,697

-1,746

-5,771

19,917

15,889

25,454

3,199

-4,106

12,762

7,562

123

-13,564

15,601

-9,048

-5,189

7,739

Supplemental Cash Flow Information:
Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,913

2,680

1,999

2,002

1,462

3,740

3,286

4,834

4,839

876

1,876

834

3,766

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

472

-950

856

399

655

-1,253

491

803

1,039

1,070

1,898

1,079

599