DLH Holdings Corp. DLHC Cash Flow

Dlh holdings corp. (DLHC)

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	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	Dec'10
Operating activities
Net income
5,997	5,185	5,324	5,515	6,326	6,377	1,836	1,119	450	113	3,288	4,635	4,466	3,824	3,384	9,236	8,897	8,478	8,728	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,159	-1,765	-2,026	-5,332	-4,904	-4,372	-4,320	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
0	0	-	-	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense
-	-	-	-	-	-	-	0	0	0	-	-	-	-	1,244	517	56	52	55	0	0	0	149	190	250	299	284	325	301	275	287	209	174	146	0	0	0
Amortization of Debt Issuance Costs
822	1,119	982	872	677	283	275	276	273	273	268	483	416	349	289	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative financial instruments
-	-	-	-	-	-	-	-	-	-	-102	-76	-79	-106	-27	0	0	0	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Stock based compensation expense
782	800	790	797	839	811	1,375	1,218	1,041	934	662	694	672	618	465	445	475	538	479	0	0	0	0	0	0	-	0	0	0	-	692	415	399	398	0	0	0
Change in fair value of derivative financial instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Compensation expense related to employee restricted stock grants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	0	0	0
Compensation expense related to director restricted stock grants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	129	123	20	0	0	0
Share based expense on non employee options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Warrants issued to consultants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Non cash equity grants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Deferred taxes, net
-2,072	-1,786	-1,792	-1,991	-2,314	-2,504	-5,502	-5,536	-5,300	-5,315	-1,776	557	505	994	1,108	5,583	5,706	5,913	5,710	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Termination of Lease
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities
Accounts receivable
11,989	309	-617	-1,214	-2,942	1,281	-1,631	3,795	3,467	5,550	5,274	1,348	5,517	3,919	3,351	4,197	123	402	220	0	0	0	-256	-502	1,104	-1,085	-10	859	-326	1,916	20	176	136	-212	0	0	0
Other current assets
519	-303	57	279	564	680	162	237	188	-38	56	-679	273	173	113	878	-7	-160	-83	0	0	0	-22	-176	-213	-51	0	0	0	-	-	-	-	-160	0	0	0
Accrued payroll
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,025	-727	-727	303	0	0	0	-	-	-	-	150	0	0	0
Accounts payable, accrued expenses, and other current liabilities
7,187	4,191	5,262	3,196	440	508	54	3,323	2,528	2,658	3,945	792	5,708	4,499	5,106	6,109	656	477	-506	0	0	0	536	-335	-148	628	524	624	1,180	1,183	0	0	0	-	-	-	-
Accounts payable, accrued payroll, accrued expenses and other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other long-term assets/liabilities
-618	-657	-805	46	93	72	64	-92	-22	-31	58	176	65	119	94	6	69	-26	-78	0	0	0	-4	-4	-4	-43	-65	-23	6	56	84	41	12	1	0	0	0
Net cash provided by operating activities
11,922	16,911	18,039	17,237	16,860	12,715	14,077	9,546	8,031	5,833	6,524	7,631	7,071	5,857	6,040	4,181	2,854	2,516	1,983	0	0	0	2,976	2,019	372	1,805	-227	-1,904	-776	-2,832	-887	-753	-327	-987	0	0	0
Investing activities
Business acquisition, net of cash acquired
-	-	-	-	-	-	-	-	-	-	250	225	32,491	32,491	32,241	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equipment and improvements
542	567	405	112	70	279	654	850	978	1,398	1,064	821	1,137	519	498	435	79	68	142	0	0	0	13	13	6	9	-60	-9	43	68	150	111	62	37	0	0	0
Net cash used in investing activities
-67,621	-67,646	-67,484	-66,632	-70	-279	-654	-850	-978	-1,398	-1,314	-1,046	-33,628	-33,010	-32,739	-32,701	-79	-68	-142	0	0	0	-13	-13	-6	-9	60	9	-43	-68	-150	-111	-62	-37	0	0	0
Financing activities
Borrowing on revolving line of credit, net
72,000	71,800	70,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of senior debt
17,000	21,395	21,708	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Payment of debt financing costs
3,454	3,454	3,451	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on senior debt
-	-	-	-	-	-	-	-	-6,668	-3,749	-3,750	-4,876	21,562	22,499	23,437	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowing on senior debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Repayments of capital lease obligations
-	-	-	-	-	-	-	32	51	67	86	86	87	95	94	78	55	31	8	0	0	0	35	48	53	51	116	54	47	37	0	0	0	-	-	-	-
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Net (payments) advances on revolving line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	378	0	0	0
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	0	0	0	-	-	-	-	-	-	-	-
Repayments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Proceeds from issuance of stock upon exercise of options
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock upon exercise of options
27	27	39	39	39	61	46	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock option expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Cash flows from discontinued operation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-39	-36	-34	-54	0	0	0
Net cash used in financing activities
51,362	46,772	44,880	48,810	-14,915	-11,354	-11,998	-6,707	-6,558	-3,663	-3,707	-4,804	22,714	23,629	24,568	26,602	-63	-211	-191	0	0	0	-2,432	-2,055	-1,039	-1,477	350	4,489	3,581	5,226	3,453	207	272	600	0	0	0
Net change in cash and cash equivalents
-	-3,963	-	-	-	1,082	1,425	1,989	495	772	1,503	1,781	-3,843	-3,524	-2,131	-1,918	2,712	2,237	1,650	0	0	0	531	-49	-673	319	183	2,594	2,762	2,326	2,416	-657	-117	-424	0	0	0
Supplemental disclosures of cash flow information
Cash paid during the period for interest
2,688	2,184	1,502	429	770	744	800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	-	-	1,011	888	679	454	114	17	26	36	0	0	0	143	155	89	94	146	221	342	298	238	244	237	229	0	0	0
Cash paid during the period for income taxes
683	521	543	652	567	418	876	577	615	517	337	409	319	305	124	105	105	119	0	0	0	0	0	0	-2	11	0	0	0	-	-	-	-	-	-	-	-
Supplemental disclosures of non-cash activity
Non-cash cancellation of common stock
211	95	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative warrant liability reclassified as equity
-	-	-	-	-	-	-306	-306	-306	-306	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-