Commercial vehicle group, inc. (CVGI)
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
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Net Income (Loss) Attributable to Parent

-24,594

-7,534

7,180

6,146

9,986

8,097

11,277

12,671

9,444

-7,792

4,763

132

628

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,720

2,563

-2,291

2,554

3,205

3,593

4,237

1,164

2,738

-508

1,095

-7,267

-1,663

-4,616

-5,588

30,473

13,153

11,992

10,106

7,376

-2,169

3,277

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

4,640

4,649

3,881

3,303

3,681

3,594

4,002

3,898

3,776

3,765

3,628

3,887

3,916

3,880

4,162

3,998

4,411

4,414

4,422

4,396

4,478

4,710

4,562

4,638

4,337

4,999

7,060

4,206

4,318

4,067

3,618

3,300

3,082

3,121

3,316

3,238

2,901

Asset Impairment Charges

28,867

-

-

-

0

-

-

-

-

-

-

-

-

-

0

0

616

-

0

0

0

-

-

-

738

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

1,758

1,861

1,604

1,046

2,350

1,159

2,619

1,192

2,637

1,883

1,741

1,189

809

1,234

1,118

1,892

1,308

2,034

621

1,160

825

1,337

897

1,484

1,507

-

-

-

-

1,132

184

1,196

87

1,316

854

840

1,314

Provision for sales returns and other allowances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

836

668

385

-

-

-

-

-

-

-

-

Non-cash amortization of debt financing costs

340

363

345

343

342

350

353

351

350

360

368

313

210

210

210

210

210

391

223

222

223

223

223

222

223

283

283

283

283

283

283

283

283

283

282

310

379

Amortization of bond discount/premium, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-76

-269

Pension plan contribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

705

716

759

-

-

839

640

834

735

738

658

-

-

-

-

-24

696

957

1,020

583

3,700

-2,244

821

Shared-based compensation expense

862

643

721

718

761

840

780

844

673

661

592

614

636

739

487

673

708

659

755

774

665

738

589

913

501

967

1,998

1,090

1,223

1,214

1,149

1,148

1,199

1,069

853

857

842

(Gain) loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-132

-405

-34

-49

-108

-56

-198

-827

-17

-119

-110

107

-20

-188

154

43

-135

-82

80

-318

-6

Deferred income taxes

-7,990

-278

-423

-35

2,298

-3,338

1,973

4,215

2,181

7,621

1,092

26

-1,030

-1,962

-1,821

290

968

778

2,715

2,570

2,094

-736

3,284

609

120

-

-

-

-1,016

-

-

-

-

-

-

-

-

Gain (Loss) on Sale of Derivatives

-918

120

-269

-1,086

-737

-1,374

681

-328

2,489

-253

-257

-319

1,555

-395

-675

295

172

409

-602

203

-161

-394

-172

1

82

-

-

-619

259

-8

306

-398

865

-

-

-

-

Change in other operating items:
Accounts receivable

11,649

-37,408

-1,098

196

26,356

-15,402

3,083

12,422

34,884

-18,612

5,662

10,402

16,340

-5,376

-10,515

-15,571

5,961

-7,487

-9,549

-2,341

19,211

-5,510

-516

14,971

18,930

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

3,259

-8,304

-1,653

-4,277

4,739

-329

2,503

-1,749

-5,261

10,018

6,938

3,258

4,890

4,336

853

-3,633

-4,549

-4,396

-572

-453

-1,340

1,150

2,102

-214

2,332

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Prepaid Expense

-728

-814

106

229

2,272

166

-381

1,011

1,496

-1,934

-520

-2,021

4,296

487

-1,189

-201

1,881

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

12,321

-27,533

-3,291

-2,985

9,548

-5,202

3,808

4,950

-2,105

-5,501

3,801

12,042

12,908

2,407

-4,039

2,696

-5,327

-16,762

-4,871

794

17,197

-9,852

-3,673

5,185

11,405

-

-

-

-

-

-

-

-

-

-

-

-

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

-7,403

6,814

-6,828

-1,246

2,307

4,117

-212

-4,151

3,363

-5,073

2,600

3,373

-1,622

8,837

-541

80

-5,556

3,258

-6,642

3,817

-5,161

12,765

-5,998

-1,592

-4,957

20,122

-16,311

-305

3,133

-15,303

-10,271

15,503

9,174

-30,635

1,158

9,491

20,297

Net cash provided by (used in) operating activities

10,345

8,238

19,759

14,720

-5,971

20,953

19,138

20,916

-20,015

4,567

1,562

3,510

-7,382

-844

12,627

30,661

6,921

-

-

-

-

-

-

-

-

-

-

-

-2,795

-

15,611

2,975

5,719

9,452

10,337

673

-12,668

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,297

11,105

15,994

-

11,093

1,974

1,295

-

-

-

-

-

-

-

-

-

-

-

-

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

3,472

5,259

5,943

7,220

5,580

4,327

4,665

3,442

1,716

3,168

2,522

3,307

4,461

3,883

2,585

3,297

1,664

4,424

3,492

4,059

2,710

4,152

5,065

3,012

1,475

2,907

2,512

4,913

2,294

4,200

6,245

3,994

2,884

6,770

3,950

7,585

3,020

Proceeds from disposal/sale of property, plant and equipment

4

3

0

0

20

31

18

0

0

2,428

0

150

104

-18

55

0

0

48

0

0

60

124

4

550

11

305

0

16

1

10

0

104

11

6

36

14

7

Payments for acquisition of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,415

-86

8,785

Life insurance premium payments for deferred compensation, other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

276

-

-

-

-

Net cash used in investing activities

-3,468

-5,256

-39,943

-7,220

-5,560

-4,296

-4,647

-3,442

-1,716

-740

-2,522

-3,157

-4,357

-3,901

-41

-3,297

-1,664

-

-

-

-

-

-

-

-

-

-

-

-2,544

-

-6,246

-4,594

-3,149

-6,413

-6,680

-7,485

-11,798

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

15,000

27,200

8,500

0

0

0

0

44,000

36,500

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of Revolving Credit Facility

-

-

-

-

-

0

0

51,500

29,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of Term Loan

1,094

2,187

0

1,094

5,244

1,094

1,093

1,094

1,094

-232,812

0

235,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowings against life insurance policies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,041

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activities

-62

-62

-159

-117

-105

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

13,844

-3,394

-159

-1,211

-5,349

-2,554

-1,093

-8,594

6,406

-2,469

-1,247

-69,132

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of Foreign Currency Exchange Rate Changes on Cash

-2,177

1,220

-1,475

-116

315

-715

-547

-2,114

989

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash

18,544

808

-21,818

6,173

-16,565

13,388

12,851

6,766

-14,336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Premium payments for life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-176

5

39

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Premium payments for life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

397

251

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,316

-4,064

-2,689

-

-5,061

-2,462

-1,464

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2,640

1,041

-

-

-

-

-

-

-

-

-

-

-

-

EFFECT OF CURRENCY EXCHANGE RATE CHANGES ON CASH

-

-

-

-

-

-

-

-

-

-

837

1,384

576

-1,445

93

-776

346

-413

-429

369

-2,209

52

-221

-560

381

-1,900

1,115

-2,402

2,245

-970

2,607

-1,664

329

776

-2,402

275

367

NET INCREASE (DECREASE) IN CASH

-

-

-

-

-

-

-

-

-

-

-1,370

-67,395

-11,163

-6,904

12,679

26,588

5,603

-17,955

21,552

7,410

11,096

-5,980

5,811

-3,688

1,253

-2,367

10,191

-404

-3,094

-31,174

11,972

-3,283

2,899

2,637

1,144

65,682

-24,099

Supplemental Cash Flow Information:
Cash paid for interest

3,189

3,661

3,425

3,414

3,373

3,625

3,484

3,529

3,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

10,495

36

-

34

9,287

75

9,977

37

9,882

43

9,883

-10

9,937

21

9,910

80

9,905

63

9,908

62

9,908

66

9,308

76

3,845

7,283

Cash paid for income taxes, net

780

3,244

1,350

1,587

2,593

1,062

388

885

808

708

1,216

639

713

1,577

139

434

345

611

43

230

661

389

57

613

328

104

718

486

1,036

1,023

276

2,519

748

-

-

-

-

Unpaid purchases of property and equipment included in accounts payable

59

469

-371

293

233

377

-284

367

49

-212

246

-151

226

331

-118

-346

621

128

-121

689

209

195

-336

325

680

121

296

-1,609

2,232

-

-

-

-

-

-

-

-

Cash paid for income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

518

755

-114

Unpaid purchases of property and equipment included in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

462

556

-

-721

1,111

464