Delta apparel, inc (DLA)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Sep'18Jun'18Mar'18Dec'17Dec'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'11Dec'10Sep'10
Operating activities:
Consolidated net earnings (loss)

1,220

791

3,432

4,838

823

-1,225

-

3,001

4,550

3,631

-

-9,952

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-9,952

-9,952

-

4,470

4,549

-607

2,303

2,545

3,435

681

4,240

4,418

3,646

-4,211

-765

2,166

-764

-1,597

568

3,967

1,607

46

3,564

4,811

1,920

-13,590

4,412

8,533

5,728

1,418

1,648

Adjustment to reconcile net earnings (loss) to net cash used in operating activities:
Depreciation and amortization

3,220

3,161

-

2,869

2,940

2,919

-

-

2,639

2,326

2,433

2,433

-

2,337

2,451

2,415

-

2,464

2,403

2,342

-

2,333

2,439

2,427

-

2,417

2,382

2,244

2,070

2,031

2,012

2,026

1,945

-

1,861

1,847

1,795

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,838

1,806

1,767

Amortization of deferred financing fees

84

73

78

81

75

78

-

77

76

77

76

76

76

77

92

78

78

85

125

125

142

125

125

125

99

89

86

88

89

92

91

90

90

90

91

90

90

103

70

70

70

Excess tax benefits from stock awards and option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

89

0

14

-12

0

0

-6

15

18

-1

-3

16

21

0

0

0

54

475

-16

0

10

90

Benefit from deferred income taxes

-

-

-609

715

-212

-278

-

2,246

508

660

2,346

2,346

-1,219

95

1,640

-194

313

452

289

994

-463

398

194

657

-2,782

-5,103

174

1,329

-1,386

478

-1,091

-13

802

4,265

-4,199

-1,696

523

-

-

-

-

Non-cash stock compensation

595

601

253

480

461

662

-

661

772

705

437

437

649

455

399

369

402

498

540

412

425

537

494

-66

-136

-131

249

247

398

264

357

-212

456

480

207

371

672

320

280

-89

545

Change in fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-300

-

-

-400

-100

-100

0

-300

-100

-200

0

-630

65

65

0

75

125

0

-

-

-

-

-

-

-

-

-

-

-

-

-

(Benefit from) provision for deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-101

491

303

(Gain) loss on disposal of equipment

-9

37

-

-

-

-

-

-68

-52

-10

0

-

-54

-10

4

-5

-45

-35

-29

1

-9

-8

-1

-11

-101

-72

-39

86

15

-308

-54

-10

-49

-12

-16

-12

-33

-55

9

-41

-24

Other, net

830

725

650

207

756

679

-

2,098

-100

100

-

300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Release of cash held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-3,000

-

0

0

0

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of effect of acquisition
Accounts receivable

3,930

-5,410

-7,876

8,818

3,088

8,794

-

-15,688

2,518

8,251

3,453

3,453

-9,297

-3,288

11,437

-15,448

2,736

-333

11,834

-14,377

-3,930

-7,658

21,929

-16,577

-1,126

4,320

16,018

-18,916

-6,120

4,018

14,058

-12,546

-4,559

682

22,315

-15,388

-10,044

3,590

19,698

-1,343

-10,272

Inventories, net

18

18,208

1,328

-8,747

-1,127

11,543

-

5,381

-2,599

-3,451

-46

-46

-1,322

-4,826

5,139

14,791

-3,113

3,488

4,451

10,836

-1,027

-7,935

-12,195

13,427

-3,571

-5,026

-3,413

9,008

5,676

-6,308

-2,537

6,545

181

-18,375

-2,910

12,786

27,118

6,869

7,967

7,486

14,119

Prepaid expenses and other current assets

246

-70

-1,114

383

-651

504

-

-811

-450

217

1,252

1,252

-1,640

356

-349

770

-936

-231

-10

2,479

-1,156

-550

154

1,176

-718

88

561

816

-343

-91

-677

1,052

168

-776

-324

477

334

-549

-204

1,036

128

Other non-current assets

-719

1,004

0

51

3

17

-

-300

335

-27

-61

-61

373

356

165

0

-

-

-

-

345

39

-67

-9

-209

11

0

0

41

-1

1

0

-4

130

13

8

-132

-68

-56

0

-1

Accounts payable

-3,920

7,985

1,742

-10,711

-2,695

13,615

-

375

-198

-179

-1,902

-1,902

-672

-15,976

9,384

3,063

1,867

-6,743

4,303

-1,644

3,246

-89

-9,767

2,240

2,488

3,673

3,491

-4,954

2,405

4,099

1,460

16

-1,423

-5,802

5,614

-6,653

-2,393

7,906

6,292

1,054

5,645

Accrued expenses

-1,720

-3,920

3,560

1,393

-3,338

2,055

-

1,104

2,030

162

-4,290

-4,290

-128

1,299

-358

-5,264

2,039

1,860

-493

-3,826

130

750

333

-1,055

7,205

610

-4,917

-395

-965

1,177

191

-4,336

4,786

1,263

-289

-4,425

-3,648

3,668

3,215

-823

-1,951

Change in net operating lease liabilities

-21

931

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-501

16

-458

634

-393

-377

-

-3,484

35

15

8,007

8,007

22

-241

14

-150

24

-238

755

-625

-97

472

1,877

-805

-1,191

2,901

-19

-1,792

1,006

5,588

1,039

-1,561

1,526

-6,118

4,058

-6,737

-439

537

1,878

-1,541

-533

Other liabilities

-6

-1

-342

132

90

122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

-

-

-

-

-

-

-

-

-

-40

-71

-71

33

8

25

44

42

-11

379

-240

-220

-120

12

-200

-266

-195

151

871

248

8

-63

-10

-23

-3

26

-35

96

7

26

23

-103

Net cash used in operating activities

-5,345

-4,857

17,975

-265

-4,316

-3,966

-

17,259

9,516

2,277

-7,814

-7,814

14,830

-737

299

-454

9,218

-1,665

-4,344

-1,009

15,348

24,292

-18,504

1,171

10,941

7,187

-12,184

8,029

5,165

20,396

-5,203

984

15,986

-

-

-

-16,610

13,384

-8,188

-5,657

3,351

Investing activities:
Purchases of property and equipment, net

139

3,747

1,852

2,109

1,113

989

-

1,456

770

1,381

2,162

2,162

1,572

1,801

1,829

1,883

2,835

4,484

3,243

1,753

3,543

1,779

480

1,971

1,198

2,122

1,560

4,014

2,992

2,457

1,615

2,163

1,687

1,465

2,107

1,735

1,319

1,988

2,174

2,267

1,537

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

946

1,000

1,000

-24,999

0

25,000

0

-

-

-

-

-

-

-

-

-

-

-

-

7

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from sale of fixed assets

-

-

-

-

-

-

-

-

778

5,000

1

1

-

1

0

0

-

2

5

16

-

0

470

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for business

832

828

825

900

1,699

2,000

-

5,252

0

11,350

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,387

-

-

-

0

-

-

-

-

0

0

0

9,884

Net cash used in investing activities

-971

-4,575

-2,647

-3,009

-2,812

-2,989

-

-6,708

-292

-6,785

-1,161

-1,161

-572

-1,800

23,171

-1,883

-1,310

-4,482

-3,238

-1,737

-3,543

-1,779

14,903

-1,971

-1,198

-2,075

-1,536

-4,014

-38,372

-2,400

-1,600

-2,163

-1,687

-

-

-

-1,319

-1,988

-2,174

-2,267

-11,421

Financing activities:
Proceeds from long-term debt

119,859

117,763

95,914

122,277

118,930

114,934

-

113,167

111,101

115,588

119,529

119,529

104,305

128,045

105,803

115,707

115,485

134,843

119,136

118,629

126,180

117,644

120,416

133,124

117,622

124,869

117,875

132,994

177,138

122,155

116,173

123,667

124,913

117,284

124,133

138,297

164,581

132,098

132,859

116,366

130,035

Repayment of long-term debt

98,411

105,211

109,771

119,094

108,369

102,896

-

119,520

118,243

109,392

106,424

106,424

114,107

122,764

128,181

111,749

121,993

127,567

110,290

114,660

136,143

140,530

115,779

132,673

126,869

129,460

103,908

137,884

140,696

136,772

108,144

121,364

136,814

135,420

112,027

123,122

146,021

141,084

121,493

108,638

121,443

Repayment of capital financing

1,455

1,259

1,297

1,010

873

1,158

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of capital financing

-

-

-

-

-

-

-

-

-

421

257

257

-

176

173

101

-

98

117

36

-

36

78

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of deferred financing costs

0

-1,079

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of deferred financing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

0

0

25

384

0

0

0

319

-

-

-

0

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-60

308

774

1,714

-

3,267

1,338

1,438

2,897

2,897

3,811

2,413

749

965

1,659

0

701

1,117

1,583

440

0

0

-

-

-

-

2,051

3,293

1,485

2,014

1,025

353

0

830

1,459

805

642

325

735

Payment of withholding taxes on stock awards

-

-

-

-

-

-

-

-

-

0

945

945

-

625

0

542

-

0

0

163

-

10

0

0

-

-

-

-

633

-3

208

31

0

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

91

524

316

-

23

0

0

-

72

0

-74

20

46

0

165

52

Payment of withholding taxes on stock awards

13

954

0

-3

3

2,113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

89

0

14

-12

0

0

-6

15

18

-1

-3

16

21

0

0

0

54

475

-16

0

10

90

Net cash provided by financing activities

15,451

9,260

-15,094

1,868

8,347

7,053

-

-10,484

-9,265

4,339

9,006

9,006

-14,175

2,340

-23,194

2,350

-8,283

6,177

8,028

2,742

-11,865

-23,337

4,547

426

-9,631

-5,506

14,326

-4,556

33,438

-17,887

6,352

279

-12,926

-

-

-

17,596

-11,372

10,724

7,578

7,999

Net (decrease) increase in cash and cash equivalents

9,135

-172

234

-1,406

1,219

98

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

31

31

83

-197

276

13

-375

30

446

-4

-60

-824

946

-374

112

-394

606

-541

231

109

-451

-900

1,373

-98

210

32

-333

24

362

-346

-71

Cash paid during the period for income taxes, net of refunds received

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,149

162

1,683

928

Cash paid during the period for interest

-

-

-

-

-

-

-

-

-

-

1,094

-

910

1,083

1,170

1,209

999

1,170

1,122

982

1,164

1,222

1,235

1,182

1,263

1,218

1,122

1,095

899

827

832

790

1,009

1,085

1,518

233

696

631

581

481

536

Cash paid during the period for income taxes

-

-

-

-

-

-

-

-

-

-

19

-

-

214

46

94

91

142

42

33

-110

123

44

-385

-

145

24

56

-956

-6,380

15

1,502

-1,150

-

40

1,073

1,235

-

-

-

-

Non-cash financing activity—capital lease agreements

-

-

-

-

-

-

-

-2,291

6,081

0

3,050

3,050

672

56

0

1,619

-593

0

38

1,336

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash financing activityissuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

98