CHESAPEAKE UTILITIES CORP CPK Cash Flow

Chesapeake utilities corp (CPK)

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
Operating Activities
Net Income
65,419	65,153	60,390	60,307	58,389	56,580	64,880	66,175	65,835	58,124	43,886	41,469	43,452	44,675	41,431	42,133	40,398	41,140	42,618	40,680	39,520	36,092	35,678	36,377	35,599	32,787	32,961	32,301	33,005	28,863	26,964	26,142	24,602	27,622	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
47,078	45,900	44,675	43,943	42,172	40,802	39,508	38,236	37,491	36,599	35,933	34,782	33,468	32,159	31,310	30,737	30,500	29,972	28,325	27,463	26,656	26,316	26,040	25,539	24,780	23,965	23,168	22,661	22,569	22,510	22,630	21,841	20,893	20,153	0	0	0
Depreciation and accretion included in other costs
8,978	8,752	8,451	8,429	8,394	8,535	8,597	8,611	8,459	8,122	7,966	7,837	7,627	7,334	7,055	6,928	6,935	6,978	6,705	6,616	6,483	6,577	6,771	6,540	6,430	6,123	5,972	5,891	5,625	5,547	5,440	5,329	5,459	5,116	0	0	0
Deferred income taxes, net
-22,168	-24,476	-23,484	-21,148	-24,265	-21,226	-29,558	-15,451	-12,465	-11,085	48,773	37,129	34,780	31,257	33,679	28,048	25,342	20,520	21,236	20,703	21,970	22,235	4,757	9,230	12,421	14,860	11,726	11,115	10,716	13,881	15,239	13,433	13,804	17,320	0	0	0
Realized gain (loss) on sale of assets/commodity contracts
8,230	4,135	-395	-1,068	-1,718	-5,497	-10,011	-4,813	-5,265	-3,179	1,717	-2,254	-1,546	-695	334	-1,010	-979	340	7,268	7,559	8,125	7,293	1,148	1,235	854	854	155	67	-33	-5	-14	514	546	453	0	0	0
Unrealized loss (gain) on investments and commodity contracts
-637	1,595	169	546	336	-429	733	1,299	1,089	1,001	837	159	271	385	207	-241	-93	-96	-605	-404	-491	-501	473	643	461	706	536	497	386	112	-139	-161	-102	41	0	0	0
Unrealized gain on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	632	653	456	282	0	0	0
Realized gain on sales of investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Employee benefits and compensation
1,614	1,985	1,563	1,164	1,010	856	821	1,214	1,382	1,577	1,882	1,946	1,930	1,887	1,551	1,394	1,315	1,235	1,109	966	822	684	887	980	1,072	1,119	-361	116	971	1,199	3,405	2,930	1,953	1,960	0	0	0
Share-based compensation
4,848	4,279	2,583	1,661	1,780	2,813	3,417	3,925	3,371	2,490	2,088	1,915	2,357	2,367	2,379	2,254	2,049	1,937	1,884	1,840	1,857	1,958	1,904	1,835	1,888	1,631	1,554	1,583	1,455	1,419	1,483	1,442	1,466	1,450	0	0	0
Other, net
-	-	-	-	-	0	746	756	758	750	160	120	107	79	-76	-63	-67	-47	-14	-12	-8	-3	-58	7	26	28	90	35	23	27	28	46	41	50	0	0	0
Changes in assets and liabilities:
Purchase of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	331	-170	-675	-660	0	0	0
Accounts receivable and accrued revenue
-26,481	-36,489	-2,698	-2,821	7,813	16,311	-570	14,138	14,952	19,506	10,266	2,415	18,180	27,013	8,636	833	-21,373	-17,097	-4,277	-4,164	-16,316	-20,683	-17,627	-21,737	16,234	21,244	15,541	21,822	-3,132	-21,549	-22,527	-38,065	-17,273	-14,979	0	0	0
Propane inventory, storage gas and other inventory
-4,941	-8,227	-3,724	1,279	3,134	-2,107	-5,599	-3,351	3,276	9,036	8,608	5,737	-1,084	2,531	3,818	2,215	737	-1,527	-3,206	-2,508	-1,271	-4,177	-578	598	1,313	4,492	4,052	2,633	163	-603	-1,079	383	2,431	2,484	0	0	0
Regulatory assets/liabilities, net
3,624	7,812	8,809	10,395	6,140	-2,250	-117	-3,925	-2,553	2,855	3,270	3,787	5,361	7,523	5,910	8,326	8,683	-3,883	-4,318	-4,861	-5,293	11,014	5,379	2,540	-1,676	-2,328	5,670	3,085	5,030	4,968	1,400	745	-444	-18	0	0	0
Prepaid expenses and other current assets
-2,601	-11,115	-8,071	9,284	3,643	7,421	5,674	-2,393	42	7,001	4,732	2,136	1,609	1,387	115	1,142	1,901	759	54	621	384	699	507	193	348	1,064	1,218	485	696	713	457	53	421	345	0	0	0
Accounts payable and other accrued liabilities
-21,481	-62,021	-6,053	5,157	18,056	35,907	1,491	-10,276	-5,439	15,596	16,927	19,880	13,600	19,599	5,760	4,474	-11,572	-11,324	-4,816	-7,491	-18,094	-13,623	-8,054	-11,741	22,135	18,824	8,376	6,497	-10,287	-19,936	-8,866	-31,960	-10,710	-13,612	0	0	0
Income taxes receivable
6,171	4,750	2,375	4,564	3,022	522	-17,973	-7,968	-7,351	-8,110	16,241	9,714	-3,125	-2,466	4,953	3,587	17,879	4,967	1,563	-59	5,748	15,936	1,159	983	-4,977	-2,311	-7,213	-7,902	-9,724	-2,223	-1,869	-3,401	-1,483	185	0	0	0
Customer deposits and refunds
817	-1,811	-3,724	-2,179	-5,085	-596	2,394	1,293	5,157	5,513	5,634	3,153	2,599	2,065	2,839	6,123	4,732	1,976	-935	-2,017	-2,082	-927	-1,972	-2,062	-2,577	-3,362	-3,120	-4,678	-3,758	-1,647	3,283	5,351	6,852	5,096	0	0	0
Accrued interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-205	-126	294	-152	0	0	0
Accrued compensation
-1,098	2,120	-235	539	2,891	708	1,714	1,168	-277	2,488	621	-178	1,335	358	-1,218	117	-1,012	-331	-127	-776	-1,720	37	655	-78	85	837	-69	230	-11	437	685	400	-277	19	0	0	0
Regulatory liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-5,090	-8,273	-6,100	-2,527	0	0	0
Other assets and liabilities, net
-11,164	-16,064	-34,113	-36,412	-38,736	-35,498	-2,452	-4,039	-1,361	-2,645	-2,507	-335	-2,192	-1,803	-3,571	-2,501	-2,461	-3,972	-2,094	-2,742	-4,451	-2,944	-379	-3	-1,329	-104	-8,617	-5,005	-4,461	-4,192	3,833	-2,726	-3,172	-3,396	0	0	0
Net cash provided by operating activities
121,286	102,964	93,305	83,585	91,176	117,362	139,713	122,071	116,807	110,089	116,780	122,848	119,961	104,141	96,516	101,976	86,516	104,715	102,621	95,547	89,978	73,708	71,523	77,431	83,834	72,931	68,603	59,945	67,251	66,641	82,812	71,791	71,401	71,121	0	0	0
Investing Activities
Property, plant and equipment expenditures
176,693	184,727	208,256	203,983	220,451	240,351	216,602	213,513	196,273	175,329	190,409	185,705	174,250	169,861	155,889	159,032	155,900	143,599	119,776	106,056	98,542	91,588	97,652	98,782	99,239	97,120	90,004	79,610	74,441	72,776	65,011	60,187	53,426	47,037	0	0	0
Proceeds from sale of assets
4,418	427	544	666	704	782	672	846	865	708	656	270	159	174	174	204	17	164	10,401	10,387	10,966	10,797	550	613	194	199	152	75	143	2,279	2,313	2,842	2,808	937	0	0	0
Environmental expenditures
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-630	0	0	0	-	-	-	-
Payments to Acquire Businesses, Gross
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,201	0	0	0	-	-	-	-	-	-	-	-
Payments for Environmental Liabilities
-	-	-	-	-	625	441	367	320	329	300	308	308	350	321	278	224	174	212	227	256	233	-183	-171	-35	-41	538	622	572	607	465	513	536	645	0	0	0
Net cash used in investing activities
-174,716	-186,587	-225,594	-221,067	-237,246	-256,848	-216,609	-224,979	-207,673	-186,895	-201,760	-185,743	-174,399	-170,037	-156,036	-159,106	-177,037	-164,539	-130,503	-116,812	-87,818	-81,010	-97,753	-96,358	-114,474	-114,781	-106,827	-99,068	-76,677	-70,598	-64,078	-58,873	-52,369	-47,836	0	0	0
Financing Activities
Common stock dividends
25,299	24,693	24,107	23,501	22,773	22,043	21,319	20,593	20,260	19,928	19,298	18,665	18,093	17,482	17,163	16,845	16,365	15,924	14,733	14,299	14,281	13,887	14,244	13,845	13,274	13,081	12,891	12,704	12,522	12,335	12,150	11,965	11,816	11,663	0	0	0
Issuance (repurchase) of stock under the Dividend Reinvestment Plan
-346	-721	-724	-746	-725	-706	-683	-660	-297	89	465	803	838	811	780	825	791	813	168	278	393	-165	-41	-713	-1,357	-1,342	-1,328	-1,309	-1,272	-1,273	-1,270	-1,254	-1,264	-1,244	0	0	0
Tax withholding payments related to net settled stock compensation
977	692	692	692	1,183	1,210	1,210	1,210	719	692	692	692	692	770	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash overdrafts due to outstanding checks
-5,985	-1,174	-9,510	-6,027	-8,211	-5,943	5,463	4,740	3,503	1,738	-1,559	77	6,008	3,920	1,952	1,556	3,140	2,450	2,546	2,252	-2,611	-921	523	-1,232	-2,250	-1,666	-536	1,501	2,230	597	-2,547	1,140	1,332	91	0	0	0
Net borrowings (repayments) under line of credit agreements
-16,069	-45,913	-34,039	71,965	55,496	49,432	59,710	84,935	26,250	39,338	50,145	-34,550	20,562	32,526	24,901	83,230	102,286	82,178	53,379	44,591	-14,086	-16,513	-20,651	-26,389	38,084	46,133	0	0	0	-	-	-	-	-	-	-	-
Proceeds from issuance of long-term debt, net of offering fees
169,635	199,648	209,735	109,859	159,819	154,819	74,908	74,923	94,807	69,807	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net repayment under line of credit agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Repayment of long-term debt and capital lease obligation
71,522	41,936	10,269	10,634	34,374	34,388	37,144	37,124	12,112	12,100	12,075	12,085	9,160	9,146	9,139	9,112	10,824	10,820	11,982	11,982	10,171	9,969	8,612	8,308	15,138	14,957	15,337	15,328	8,197	8,202	9,203	9,096	9,119	9,134	0	0	0
Net cash (used) provided by financing activities
49,437	84,519	130,394	140,224	148,049	139,961	79,725	105,001	91,162	78,242	86,830	62,048	56,823	67,219	57,275	58,292	77,666	58,105	29,378	20,840	9,219	8,520	26,723	19,246	32,823	41,845	37,970	39,596	9,987	4,681	-18,458	-13,009	-18,969	-22,291	0	0	0
Net Increase (Decrease) in Cash and Cash Equivalents
-3,993	896	-1,895	2,742	1,979	475	2,829	2,093	296	1,436	1,850	-847	2,385	1,323	-2,245	1,162	-12,855	-1,719	1,496	-425	11,379	1,218	493	319	2,183	-5	-254	473	561	724	276	-91	63	994	0	0	0