Dorman products, inc. (DORM)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flows from Operating Activities:
Net income

83,762

133,602

106,599

106,049

92,329

89,987

81,920

70,962

53,277

46,138

26,495

Adjustments to reconcile net income to cash provided by operating activities:
Depreciation, amortization and accretion

25,915

28,391

22,224

18,907

16,186

12,658

10,159

8,225

7,737

8,012

7,835

Asset write-downs

-

-

-

-

-

-

-

-

2,583

1,007

-

Provision for doubtful accounts

39

-570

299

1,221

3,260

308

194

266

318

174

354

Benefit for deferred income taxes

1,058

-58

4,676

-4,888

-5,106

-632

267

-2,384

-1,997

427

-388

Provision for stock-based compensation

3,077

3,460

3,162

2,380

882

1,146

960

1,007

620

212

236

Foreign exchange gain

-

-

-

-

-

-

-

2,987

-

-

-

Changes in assets and liabilities:
Accounts receivable

-8,810

61,413

5,709

27,824

1,148

25,566

40,791

9,730

22,962

13,728

11,141

Inventories

10,956

46,835

25,147

-24,874

20,202

13,136

18,537

28,748

-2,794

30,067

-4,252

Prepaids and other current assets

7,659

853

3,748

790

-821

522

-840

-293

439

-62

18

Other assets

-1,672

3,897

4,908

4,590

3,962

6,757

884

801

406

-218

738

Accounts payable

-19,079

26,957

3,718

8,662

5,389

-1,558

17,627

10,738

-2,377

17,812

-6,025

Accrued customer rebates and returns

9,016

-5,173

-

-

-

-

-

-

-

-

-

Accrued compensation and other liabilities

-349

4,501

-6,925

-2,462

3,611

3,712

9,804

2,070

-1,085

449

6,721

Cash provided by operating activities

95,306

78,112

94,241

121,539

92,060

59,640

61,559

48,911

38,063

30,716

27,583

Cash Flows from Investing Activities:
Acquisition, net of cash acquired

-

28,040

59,987

-

-

-

-

-

-

-

-

Property, plant and equipment additions

29,560

26,106

24,450

20,059

21,688

29,862

24,666

18,078

18,102

11,453

7,830

Acquisition

-

-

-

-

-

-

1,897

-

-

-

-

Purchase of investments

-

5,000

10,000

6,195

2,133

-

-

-

-

-

-

Cash used in investing activities

-29,560

-59,146

-94,437

-26,254

-23,821

-29,862

-26,563

-18,078

-18,102

-11,453

-7,830

Cash Flows from Financing Activities:
Contingent consideration payments

-

2,036

-

-

-

-

-

-

-

-

-

Other stock related activity

365

249

-1,173

-145

-5

343

827

1,663

953

1,338

333

Dividends paid

-

-

-

-

-

-

-

54,716

-

-

-

Repayment of long-term debt obligations

-

-

-

-

-

-

-

-

-

356

86

Net repayment of revolving credit facility

-

-

-

-

-

-

-

-

-

-

-15,000

Proceeds from exercise of stock options

100

200

31

-

93

463

551

1,606

629

757

283

Purchase and cancellation of common stock

41,339

45,352

76,129

24,678

37,324

43,521

3,489

1,943

1,586

1,290

-872

Cash provided by (used in) financing activities

-40,851

-46,938

-77,271

-24,823

-37,236

-42,715

-2,111

-53,390

-4

449

-15,342

Effect of exchange rate changes on Cash and Cash Equivalents

-

-261

37

-

-

-

-

69

-224

125

391

Net Increase (Decrease) in Cash and Cash Equivalents

24,895

-28,233

-77,430

70,462

31,003

-12,937

32,885

-22,488

19,733

19,837

4,802

Supplemental Cash Flow Information
Cash paid for interest expense

338

250

291

266

281

234

201

219

222

244

345

Cash paid for income taxes

28,923

30,453

74,647

62,348

57,151

46,540

44,291

35,329

33,398

27,868

15,620