| Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Jan'17 | Dec'16 | Sep'16 | Jun'16 | Jan'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||||||||
90,000 | -2,115,000 | 168,000 | 271,000 | 466,000 | 259,000 | 266,000 | 565,000 | 779,000 | 265,000 | 173,000 | -138,000 | -37,000 | 37,000 | 21,000 | -20,000 | -178,000 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||
Depreciation and amortization | ||||||||||||||||
483,000 | 472,000 | 474,000 | 509,000 | 512,000 | 493,000 | 509,000 | 627,000 | 483,000 | 541,000 | 363,000 | 155,000 | 333,000 | 164,000 | 170,000 | 169,000 | 475,000 |
Operating right-of-use expense | ||||||||||||||||
166,000 | 164,000 | 176,000 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Share-based compensation | ||||||||||||||||
9,000 | 30,000 | 18,000 | 17,000 | 16,000 | 19,000 | 22,000 | 17,000 | 18,000 | 18,000 | 40,000 | 19,000 | 43,000 | 21,000 | 21,000 | 14,000 | 58,000 |
Loss (gain) on dispositions | ||||||||||||||||
-10,000 | -4,000 | 8,000 | 26,000 | 72,000 | 19,000 | 46,000 | -4,000 | 0 | -4,000 | 4,000 | - | - | - | - | - | - |
Unrealized foreign currency exchange loss (gain) | ||||||||||||||||
-64,000 | 36,000 | 14,000 | -62,000 | 20,000 | -4,000 | 16,000 | 22,000 | -40,000 | -136,000 | 132,000 | -4,000 | - | 70,000 | -78,000 | -12,000 | - |
Provision for doubtful accounts | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -6,000 | - | - | - | 7,000 |
Restructuring charges | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 61,000 | - | - | - | 145,000 |
Other non-cash charges, net | ||||||||||||||||
-5,000 | -7,000 | 5,000 | -32,000 | 3,000 | 30,000 | -12,000 | 19,000 | -8,000 | 2,000 | -17,000 | 16,000 | -24,000 | -16,000 | -2,000 | 2,000 | 45,000 |
Changes in assets and liabilities, net of effects of acquisitions and dispositions: | ||||||||||||||||
Decrease (increase) in assets | ||||||||||||||||
26,000 | -502,000 | 335,000 | - | 529,000 | 183,000 | 300,000 | - | 410,000 | -87,000 | 42,000 | - | - | -232,000 | -106,000 | 42,000 | - |
Decrease in operating lease liability | ||||||||||||||||
-166,000 | -166,000 | -174,000 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Decrease in other liabilities | ||||||||||||||||
-211,000 | -98,000 | -366,000 | - | -184,000 | -63,000 | -78,000 | - | -418,000 | -58,000 | 104,000 | - | - | 164,000 | -206,000 | -81,000 | - |
Accounts receivable | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 165,000 | - | - | - | -26,000 |
Financing receivables | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -35,000 | - | - | - | -45,000 |
Accounts payable | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -38,000 | - | - | - | -193,000 |
(Decrease) increase in income taxes payable and income tax liability | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -4,000 | - | - | - | 13,000 |
Restructuring | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -179,000 | - | - | - | -168,000 |
Other operating activities, net | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 2,005,000 | - | - | - | 453,000 |
Net cash provided by operating activities | ||||||||||||||||
477,000 | 1,651,000 | -66,000 | 748,000 | 186,000 | 480,000 | 369,000 | 557,000 | 500,000 | 991,000 | 519,000 | -186,000 | -1,938,000 | 563,000 | 192,000 | 50,000 | -268,000 |
Cash flows from investing activities: | ||||||||||||||||
Payments to Acquire Property, Plant, and Equipment | ||||||||||||||||
48,000 | 87,000 | 105,000 | 78,000 | 86,000 | 54,000 | 79,000 | 49,000 | 52,000 | 54,000 | 69,000 | 47,000 | 78,000 | 56,000 | 85,000 | 58,000 | 27,000 |
Payments for transition and transformation contract costs | ||||||||||||||||
62,000 | 86,000 | 72,000 | 100,000 | 111,000 | 91,000 | 92,000 | 69,000 | 83,000 | 153,000 | 23,000 | 42,000 | - | 10,000 | 22,000 | 27,000 | - |
Software purchased and developed | ||||||||||||||||
52,000 | 63,000 | 63,000 | 78,000 | 58,000 | 76,000 | 49,000 | 54,000 | 71,000 | 39,000 | 47,000 | 16,000 | - | 46,000 | 42,000 | 36,000 | - |
Cash acquired through HPES Merger | ||||||||||||||||
- | - | - | - | - | - | - | -36,000 | 0 | 0 | 974,000 | 0 | - | 0 | 0 | 0 | - |
Payments for acquisitions, net of cash acquired | ||||||||||||||||
76,000 | 10,000 | 1,911,000 | 33,000 | 289,000 | 0 | 43,000 | 10,000 | 41,000 | 152,000 | 0 | 0 | - | 0 | 11,000 | 423,000 | - |
Purchases of available-for-sale securities and other investments | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 |
Maturities and sales of available-for-sale securities and other investments | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,000 |
Business dispositions | ||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | -65,000 | 0 | 0 | 0 | 0 | - | 3,000 | - | - | - | 65,000 |
Cash collections related to deferred purchase price receivable | ||||||||||||||||
142,000 | 0 | 371,000 | 323,000 | 316,000 | 308,000 | 137,000 | 154,000 | 498,000 | 18,000 | 15,000 | - | - | - | - | - | - |
Proceeds from sale of assets | ||||||||||||||||
15,000 | 19,000 | 21,000 | 74,000 | 226,000 | 38,000 | 19,000 | 29,000 | 9,000 | 11,000 | 9,000 | 31,000 | 4,000 | 17,000 | 4,000 | 5,000 | 5,000 |
Short-term investing | ||||||||||||||||
0 | 0 | 75,000 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Other investing activities, net | ||||||||||||||||
-6,000 | -2,000 | -12,000 | -1,000 | -10,000 | -7,000 | 8,000 | 16,000 | -14,000 | 9,000 | -15,000 | 28,000 | - | 9,000 | 16,000 | 10,000 | - |
Net cash used in investing activities | ||||||||||||||||
-75,000 | -225,000 | -1,822,000 | 109,000 | 8,000 | 132,000 | -180,000 | -51,000 | 274,000 | -378,000 | 874,000 | 260,000 | -71,000 | -104,000 | -172,000 | -549,000 | 48,000 |
Cash flows from financing activities: | ||||||||||||||||
Borrowings of commercial paper | ||||||||||||||||
1,131,000 | 1,478,000 | 1,401,000 | 894,000 | 695,000 | 525,000 | 633,000 | 591,000 | 640,000 | 571,000 | 611,000 | 524,000 | - | 504,000 | 652,000 | 511,000 | - |
Repayments of commercial paper | ||||||||||||||||
1,027,000 | 1,465,000 | 1,401,000 | 987,000 | 695,000 | 525,000 | 633,000 | 591,000 | 639,000 | 514,000 | 553,000 | 524,000 | - | 504,000 | 547,000 | 511,000 | - |
Borrowings under lines of credit | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | - | 0 | 0 | 920,000 | - |
Repayment of borrowings under lines of credit | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 16,000 | - | 244,000 | 76,000 | 453,000 | - |
Borrowings on long-term debt, net of discount | ||||||||||||||||
0 | 0 | 2,198,000 | 0 | 1,163,000 | 0 | 483,000 | 0 | 6,000 | 615,000 | 0 | 2,000 | - | 50,000 | 94,000 | 13,000 | - |
Principal payments on long-term debt | ||||||||||||||||
510,000 | 10,000 | 509,000 | 6,000 | 583,000 | 758,000 | 1,278,000 | 256,000 | 182,000 | 1,082,000 | 27,000 | -114,000 | 1,000 | 94,000 | 68,000 | 120,000 | 6,000 |
Payments on finance leases and borrowings for asset financing | ||||||||||||||||
225,000 | 211,000 | 210,000 | 234,000 | 235,000 | 216,000 | 259,000 | 328,000 | 289,000 | 319,000 | 124,000 | - | 194,000 | - | - | - | 231,000 |
Borrowings for USPS spin transaction | ||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 1,114,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - |
Proceeds from stock options and other common stock transactions | ||||||||||||||||
1,000 | 3,000 | 7,000 | 7,000 | 4,000 | 27,000 | 9,000 | 31,000 | 15,000 | 67,000 | 25,000 | 7,000 | - | 5,000 | 6,000 | 36,000 | - |
Taxes paid related to net share settlements of share-based compensation awards | ||||||||||||||||
3,000 | 0 | 12,000 | 2,000 | 32,000 | 19,000 | 1,000 | 1,000 | 9,000 | 4,000 | 62,000 | 1,000 | - | 0 | 6,000 | 6,000 | - |
Repurchase of common stock and advance payment for accelerated share repurchase | ||||||||||||||||
86,000 | 150,000 | 500,000 | 91,000 | 806,000 | 133,000 | 314,000 | 66,000 | 0 | 52,000 | 14,000 | 0 | - | 0 | 0 | 0 | - |
Dividend payments | ||||||||||||||||
54,000 | 56,000 | 51,000 | 51,000 | 54,000 | 54,000 | 51,000 | 51,000 | 51,000 | 52,000 | 20,000 | 19,000 | - | 20,000 | 20,000 | 19,000 | - |
Other financing activities, net | ||||||||||||||||
-12,000 | 4,000 | -36,000 | -10,000 | 46,000 | 14,000 | -3,000 | -23,000 | -6,000 | 5,000 | -4,000 | -6,000 | - | -1,000 | -13,000 | -17,000 | - |
Net transfers from Parent | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -3,019,000 | - | - | - | -564,000 |
Net cash used in financing activities | ||||||||||||||||
-785,000 | -407,000 | 887,000 | -480,000 | -497,000 | -386,000 | -300,000 | -754,000 | -515,000 | -453,000 | -168,000 | 21,000 | 2,824,000 | -304,000 | 22,000 | 354,000 | 327,000 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||||||
63,000 | -7,000 | -30,000 | 47,000 | -2,000 | -25,000 | -39,000 | 21,000 | -5,000 | 20,000 | 29,000 | 59,000 | - | -98,000 | 12,000 | -33,000 | - |
Net decrease in cash and cash equivalents | ||||||||||||||||
-320,000 | 1,012,000 | -1,031,000 | 424,000 | -305,000 | 201,000 | -150,000 | -227,000 | 254,000 | 180,000 | 1,254,000 | 154,000 | 815,000 | 57,000 | 54,000 | -178,000 | 107,000 |
Supplemental schedule of non-cash investing and financing activities: | ||||||||||||||||
Property, plant and equipment acquired through capital leases | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 252,000 |