Commercial vehicle group, inc. (CVGI)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Net Income (Loss) Attributable to Parent

15,778

41,489

-2,269

-

-

-

-

-

-

-

-81,535

Net (loss) income

-

-

-

6,785

7,061

7,631

-12,451

50,030

18,590

6,487

-81,535

Adjustments to reconcile net income to cash flows from operating activities:
Depreciation and amortization

15,514

15,270

15,196

16,451

17,710

18,247

20,583

14,067

12,576

11,564

16,667

Provision for doubtful accounts

6,861

7,607

5,622

5,552

4,640

5,225

2,520

2,599

4,324

4,278

2,678

Non-cash amortization of debt financing costs

1,393

1,404

1,251

840

1,059

891

1,132

1,132

1,254

1,514

1,448

Amortization of bond discount/premium, net

-

-

-

-

-

-

-

-

-345

-1,226

-550

Pension plan contribution

-

-

-

-

-

2,965

3,103

2,649

2,860

1,977

1,735

Loss on early extinguishment of debt

-

-

-

-

-591

0

0

-

-7,448

-

-1,254

Paid-in-kind interest

-

-

-

-

-

-

-

-

-

3,569

2,263

Shared-based compensation expense

2,843

3,137

2,503

2,607

2,853

2,741

5,278

4,710

3,621

2,782

2,831

(Gain) loss on sale of assets

-

-

-

-

-596

-1,098

-142

-126

-326

92

-713

Deferred income taxes

1,562

5,031

7,709

-2,525

8,157

3,277

-398

-30,762

-1,004

-29

-

Gain (Loss) on Sale of Derivatives

-1,972

1,468

726

-603

-151

-483

-264

765

-347

4,334

10,965

Insurance Settlement

-

-

-

-

-

0

-

-

-

-

-

Impairment of equipment held for sale

-

-

-

616

0

0

-

-

-

-

-

Change in other operating items:
Goodwill and intangible asset impairment

-

-

-

-

-

-

-

-

-

-

30,135

Long-lived asset impairment

-

-

-

-

-

-

-

-

-

-

17,272

Accounts receivable

-11,954

34,987

13,792

-25,501

-166

27,875

6,934

-15,126

39,844

21,730

-25,512

Inventories

-9,495

-4,836

25,104

-2,993

-6,761

5,370

-8,553

6,748

9,962

9,155

-34,462

Increase (Decrease) in Prepaid Expense

1,793

2,292

-179

978

3,743

-2,267

1,250

-1,559

-1,295

-17,456

5,606

Accounts payable

-24,261

1,451

23,250

-4,263

-3,642

3,065

8,982

-18,232

-

-

-

Accrued liabilities

-3,525

2,631

-12,284

-1,997

8,211

1,022

2,475

-7,041

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

9,824

6,291

-19,928

Income taxes payable

-

-

-

-

-

-

-

-

2,002

-

-

Pension obligation

-

-

-

-

-

-

-

-

513

-

-

Increase (Decrease) in Other Operating Assets and Liabilities, Net

1,047

3,117

-722

2,820

-4,728

218

6,639

-897

311

-2,165

3,265

Net cash provided by (used in) operating activities

36,746

40,992

2,257

49,365

55,299

9,519

-

-

7,794

17,563

18,181

Net cash provided by operating activities

-

-

-

-

-

-

19,154

24,049

-

-

-

Cash Flows from Investing Activities:
Purchases of property, plant and equipment

24,002

14,150

13,458

11,429

14,685

13,704

12,626

17,323

21,325

10,101

5,605

Proceeds from disposal/sale of property, plant and equipment

23

49

2,682

37

108

689

322

125

63

102

54

Proceeds from corporate-owned life insurance policies

-

-

-

2,489

0

0

-

-

-

-

-

Payments for acquisition of business

34,000

0

0

-

-

-

-

24,520

11,114

-

-

Other investing activities, net

-

-

-

-

-71

-726

645

1,041

-

-44

2,194

Net cash used in investing activities

-57,979

-14,101

-10,776

-8,903

-14,506

-12,289

-

-

-32,376

-9,955

-7,745

Cash Flows from Financing Activities:
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Lines of Credit

35,700

80,500

0

0

-

-

-

-

-

-

12,213

Excess tax benefit from equity incentive plans

-

-

-

-

-

-

-

-

-

-

51

Repayment of Revolving Credit Facility

35,700

80,500

0

0

0

-

-

-

-

-

27,013

Borrowings of Term Loan Facility

0

0

175,000

-

-

-

-

-

-

-

-

Repayment of Term Loan

8,525

4,375

2,188

-

-

-

0

-

-

-

-

Borrowings of Term Loan Facility

-

-

-

0

0

-

-

-

-

-

-

Repayment of Term Loan

-

-

-

0

15,000

0

-

-

170,929

-

-

Proceeds from borrowings against life insurance policies

-

-

-

-

-

1,041

0

-

-

-

-

Proceeds from issuance of common stock under equity incentive plans

-

-

-

-

-

-

38

5

5

-

-

Proceeds from issuance of common stock, net

-

-

-

-

-

-

-

-

-

25,359

-

Proceeds from issuance of common stock under equity incentive plans

-

-

-

-

-

-

-

-

-

1,132

4

Surrender of common stock by employees

985

1,131

1,361

714

417

527

831

1,205

1,208

1,761

635

Redemption of Notes

0

0

235,000

0

-

-

-

-

-

-

-

Prepayment charge for redemption of Notes

0

0

1,543

0

0

-

-

-

-

-

-

Payment of Term Loan Facility discount

0

0

3,500

0

0

-

-

-

-

-

-

Payment of debt issuance costs

160

0

4,256

0

0

0

144

-22

-

-

-

Other financing activities

-443

-329

0

-

-

-

-

-

-

-

-

Other financing activities, net

-

-

-

0

591

-

-

-

-

-

-

Borrowings of long-term debt

-

-

-

-

-

-

-

-

250,000

-

13,121

Debt issuance costs and other

-

-

-

-

-

-

-

-

6,938

-

-

Payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

94

Debt issuance costs and other

-

-

-

-

-

-

-

-

-

-

3,263

Net cash provided by (used in) financing activities

-10,113

-5,835

-72,848

-714

-16,008

514

-

-

70,930

24,730

-5,616

Effect of Foreign Currency Exchange Rate Changes on Cash

-56

-2,387

3,451

-

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash

-31,402

18,669

-77,916

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-12,949

-42,759

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-937

-1,178

-

-

-

EFFECT OF CURRENCY EXCHANGE RATE CHANGES ON CASH

-

-

-

-1,782

-2,682

-348

-942

302

-984

729

-2,606

NET INCREASE (DECREASE) IN CASH

-

-

-

37,966

22,103

-2,604

4,326

-19,586

45,364

33,067

2,214

Supplemental Cash Flow Information:
Cash paid for interest

13,873

14,046

18,572

18,684

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

19,939

19,831

19,958

19,944

20,512

10,576

13,226

Cash paid for income taxes, net

8,774

3,143

3,276

2,495

1,545

1,387

2,344

4,566

1,184

-20,873

-

Unpaid purchases of property and equipment included in accounts payable

624

509

109

488

905

864

1,040

1,318

966

-

-

Cash paid for income taxes, net

-

-

-

-

-

-

-

-

-

-

-4,149

Unpaid purchases of property and equipment included in accounts payable

-

-

-

-

-

-

-

-

-

544

535