Dorman products, inc. (DORM)
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
Cash Flows from Operating Activities:
Net income

22,775

17,549

21,308

21,498

23,407

34,599

34,018

34,338

30,647

21,967

27,008

28,437

29,187

28,701

26,695

25,982

24,671

21,787

26,060

23,143

21,339

18,656

24,536

23,244

23,551

20,619

22,887

19,342

19,072

15,300

20,342

19,742

15,578

16,644

11,500

12,747

12,386

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

7,496

4,904

6,914

6,832

7,265

8,718

6,669

6,626

6,378

6,256

5,776

5,187

5,005

5,017

4,711

4,680

4,499

4,447

4,143

3,978

3,618

3,657

3,165

2,976

2,860

2,742

2,684

2,465

2,268

2,252

2,017

2,003

1,953

2,027

1,984

1,867

1,859

Gain on equity method investment

2,498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

14

-

-

-

-

-

-

-

-

74

75

75

75

75

75

75

996

3,175

50

25

10

89

88

61

70

93

-2

15

88

71

84

38

73

222

-56

37

115

Benefit for deferred income taxes

-912

-

-

-

-

-

-

-

-

8,674

-1,332

-1,480

-1,186

-4,864

61

357

-442

-2,644

-1,047

-488

-927

-198

241

-49

-626

31

1,021

-405

-380

-822

-678

-599

-285

-348

-1,165

-361

-123

Provision for stock-based compensation

1,214

44

986

1,132

915

331

1,131

1,147

851

880

804

825

653

662

670

608

440

130

224

188

340

-364

466

554

490

191

258

264

247

257

256

257

237

165

195

174

86

Changes in assets and liabilities:
Accounts receivable

29,491

19,466

-6,776

-8,167

-13,333

1,607

26,158

24,768

8,880

4,916

755

-2,435

2,473

-14,405

28,297

9,464

4,468

7,841

2,015

-3,825

-4,883

16,904

1,181

2,101

5,380

2,168

21,119

5,213

12,291

-6,645

15,021

-14,494

15,848

23,266

-773

-1,531

2,000

Inventories

-28,016

-1,275

-9,004

3,051

18,184

30,689

10,024

12,431

-6,309

-5,843

1,300

28,872

818

606

-10,727

-8,614

-6,139

-1,525

-3,532

15,744

9,515

1,085

-5,368

7,287

10,132

14,815

3,023

4,097

-3,398

10,311

-3,001

19,574

1,864

-13,834

2,012

5,156

3,872

Prepaids and other current assets

-2,262

-2,515

-1,026

7,515

3,685

-1,218

53

468

1,550

2,516

-700

2,076

-144

-121

-261

767

405

-1,218

-283

1,313

-633

-275

-313

910

200

-1,639

-2,667

3,967

-501

-1,462

-1,771

3,051

-111

185

-496

739

11

Other assets

2,219

304

262

-313

-1,925

3,636

826

-530

-35

-736

3,141

2,312

191

-49

1,409

1,743

1,487

-690

1,946

1,284

1,422

1,993

2,840

664

1,260

-

-

-

77

544

405

-202

54

120

146

152

-12

Accounts payable

-19,346

9,365

-21,519

4,166

-11,091

11,695

-2,554

34,335

-16,519

3,408

-17,848

18,826

-668

20,308

-238

522

-11,930

5,012

-8,099

7,537

939

7,610

-6,617

849

-3,400

15,134

70

6,975

-4,552

3,651

-7,775

3,549

11,313

1,042

-6,978

5,640

-2,081

Accrued customer rebates and returns

4,471

-

-

-

-497

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation and other liabilities

6,808

-

-

-

3,043

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation and other liabilities

-

-

-

-

-

1,069

16,220

-15,268

2,480

-5,527

7,452

-17,267

8,417

2,165

5,706

-16,234

5,901

7,078

1,443

-8,816

3,906

2,491

4,685

-8,635

5,171

2,136

10,088

-4,727

2,307

2,349

1,613

-4,703

2,811

-1,682

3,450

-5,657

2,804

Cash provided by operating activities

18,590

35,656

23,102

20,117

16,431

12,899

19,608

25,854

19,751

34,879

17,439

3,778

38,145

66,033

18,962

12,630

23,914

34,577

22,628

11,051

23,804

12,234

28,224

8,038

11,144

24,718

15,531

10,729

10,581

20,310

5,190

9,386

14,025

7,509

11,448

9,931

9,175

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

14,462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment additions

3,505

4,904

7,321

8,497

8,838

8,007

6,683

5,140

6,276

7,014

5,504

6,314

5,618

5,169

4,772

4,520

5,598

5,154

5,518

5,267

5,749

6,870

7,114

8,870

7,008

11,717

5,863

4,240

2,846

3,641

4,983

4,959

4,495

3,188

4,522

5,238

5,154

Purchase of investments

-

-

-

-

-

-

-

-

-

0

0

-3,127

13,127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash used in investing activities

-17,967

-4,904

-7,321

-8,497

-8,838

-13,007

-34,159

-5,704

-6,276

-63,873

-5,505

-6,314

-18,745

-5,169

-10,967

-4,520

-5,598

-5,287

-5,518

-7,267

-5,749

-6,870

-7,114

-8,870

-7,008

-11,717

-5,863

-6,137

-2,846

-3,641

-4,983

-4,959

-4,495

-3,188

-4,522

-5,238

-5,154

Cash Flows from Financing Activities:
Net proceeds of revolving credit line

99,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other stock related activity

-418

308

-35

714

-622

613

-46

245

-563

-176

46

-187

-856

-36

-12

-86

-11

-39

-15

-69

118

262

-8

-110

199

34

0

266

527

208

928

457

70

483

241

224

5

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

203

-2

262

48

0

382

121

218

97

1,222

69

60

213

82

274

Purchase and cancellation of common stock

5,780

17,000

0

14,704

9,635

10,128

7,158

18,858

9,208

15,996

24,399

24,413

11,321

6,849

738

7,105

9,986

29,990

4,989

1,115

1,230

2,180

31,079

9,093

1,169

825

1,024

698

942

740

451

468

284

143

374

1,846

-777

Cash provided by (used in) financing activities

92,802

-16,569

-35

-13,990

-10,257

-9,314

-7,203

-20,650

-9,771

-16,141

-24,353

-24,600

-12,177

-6,885

-750

-7,191

-9,997

-29,952

-4,988

-1,184

-1,112

-1,918

-30,884

-9,205

-708

-743

-1,024

-50

-294

-55,030

574

1,211

-145

400

80

14

-498

Effect of exchange rate changes on Cash and Cash Equivalents

-

-

-

-

-

-233

57

-34

-51

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

44

-200

227

-113

-230

-34

153

Net Increase (Decrease) in Cash and Cash Equivalents

93,425

14,183

15,746

-2,370

-2,664

-9,655

-21,697

-534

3,653

-45,098

-12,419

-27,136

7,223

53,979

7,245

919

8,319

-662

12,122

2,600

16,943

3,446

-9,774

-10,037

3,428

12,258

8,644

4,542

7,441

-38,363

825

5,438

9,612

4,608

6,776

4,673

3,676

Supplemental Cash Flow Information
Cash paid for interest expense

20

222

26

29

61

59

58

67

66

73

89

68

61

66

67

63

70

70

70

68

73

58

58

67

51

51

45

55

50

54

54

58

53

55

53

63

51

Cash paid for income taxes

62

469

6,724

21,656

74

8,731

8,302

13,125

295

18,934

17,034

37,633

1,046

16,227

14,068

29,485

2,568

15,442

14,229

24,734

2,746

8,348

12,156

25,443

593

12,966

8,187

20,182

2,956

8,457

7,718

18,129

1,025

10,186

8,151

14,598

463