Dxp enterprises inc (DXPE)
CashFlow / TTM
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 (Loss) Attributable to Parent

34,454

36,035

44,981

40,269

38,372

35,632

31,164

25,733

18,306

16,888

17,615

14,912

15,947

7,702

-2,598

-55,296

-53,299

-38,536

-123,691

-54,267

-46,550

-45,238

59,740

59,103

57,968

60,237

57,403

54,143

52,571

50,985

46,125

41,307

36,740

31,437

0

0

0

Net Income (Loss) Attributable to Noncontrolling Interest

-218

-260

-192

-268

-158

-111

-90

-110

-277

-359

-610

-636

-554

-551

-586

-754

-670

-534

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

34,236

35,775

44,789

40,001

38,214

35,521

31,074

25,623

18,029

16,529

17,005

14,276

15,393

7,151

-3,184

-56,050

-53,969

-39,070

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reconciliation of net income to net cash used in operating activities:
Depreciation

10,536

10,100

9,735

9,527

9,636

9,600

9,980

10,072

10,157

10,500

10,485

11,058

11,581

11,900

12,684

12,700

12,739

12,622

12,187

12,440

12,515

12,598

12,315

11,202

10,566

9,830

9,286

9,882

8,530

7,196

5,639

3,797

3,639

3,510

0

0

0

Amortization of intangible assets

14,457

15,074

15,448

15,740

16,056

16,600

16,932

17,170

17,342

17,300

17,486

17,669

17,888

18,100

18,271

18,992

19,791

20,621

24,513

21,910

22,261

22,480

16,483

17,280

14,765

11,830

11,843

11,883

11,294

10,886

10,031

8,152

7,200

6,572

0

0

0

Write off of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

0

967

967

395

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of property and equipment

1

9

21

20

1,338

1,330

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt expense

109

139

-340

425

1,597

2,368

4,583

4,130

3,730

3,416

170

195

290

180

2,188

2,083

1,903

2,014

2,187

2,304

2,357

2,365

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration liability in excess of acquisition-date fair value

0

106

106

106

106

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value adjustment on contingent consideration

34

54

414

379

346

313

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

1,875

1,875

1,812

1,747

1,749

1,743

1,814

1,852

1,820

1,548

2,254

2,007

1,716

1,856

1,003

1,110

1,252

1,211

1,170

1,157

1,157

1,157

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Compensation expense for restricted stock

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

0

0

0

-

3,336

3,124

2,793

2,832

2,614

2,441

2,248

1,955

1,819

1,609

1,407

1,256

0

0

0

Stock compensation expense

2,362

1,963

2,028

2,081

2,318

2,549

2,339

2,672

2,444

1,708

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax loss related to vesting of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-619

652

-555

-515

0

161

208

277

960

1,152

1,160

1,222

958

740

972

890

680

516

349

264

198

0

0

0

Deferred income taxes

1,316

1,110

3,101

1,712

1,905

1,004

-5,587

-5,607

-4,806

-3,827

4,808

3,947

-45

2,687

-1,041

-8,299

-6,754

-9,024

-23,540

-10,184

-7,703

-12,122

10,114

4,364

2,497

2,834

-4,710

-1,927

-1,485

1,230

2,141

220

800

2,426

0

0

0

Changes in operating assets and liabilities
Trade accounts receivable

-5,412

-5,560

26,843

25,420

31,475

22,487

17,367

23,240

8,161

20,539

14,282

4,171

-106

-12,080

-33,014

-34,112

-51,222

-71,261

-63,492

-70,806

-27,596

14,002

32,069

52,564

10,269

6,683

-9,382

-10,398

8,203

3,261

16,621

17,558

20,077

21,548

0

0

0

Costs and estimated profits in excess of billings

-2,339

-92

-4,530

-2,458

2,626

5,640

14,259

18,690

16,281

8,419

7,311

-553

855

-3,457

-3,517

-6,060

-4,825

2,047

7,384

16,991

9,445

-405

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

9,771

14,447

15,409

17,234

18,622

20,838

26,185

17,348

16,056

7,544

4,192

7,111

-6,659

-5,453

-9,984

-12,305

-7,905

-12,724

-9,444

-1,524

-64

1,913

-1,311

-6,941

-3,198

-3,860

931

532

870

3,470

3,822

5,870

1,967

4,258

0

0

0

Prepaid expenses and other assets

212

-5,110

-2,224

-6,869

-2,878

-188

1,175

750

629

3,287

1,134

158

-307

-620

-940

-2,178

-694

-159

-2,944

-1,365

869

-1,948

2,652

3,317

-110

-1,422

-1,266

-415

-304

2,211

3,091

1,606

2,605

2,617

0

0

0

Trade accounts payable and accrued expenses

-10,444

-15,407

-3,499

7,189

8,869

7,093

7,834

25

6,158

3,189

-389

9,118

3,351

-8,595

-28,872

-35,905

-40,079

-42,862

-25,917

-16,142

-17,740

11,099

-4,942

481

-7,982

-6,380

10,918

-22,249

-23,939

-13,361

-13,662

4,664

19,876

9,248

0

0

0

Billings in excess of costs and estimated profits

-3,671

1,142

11,366

10,146

3,932

6,522

275

2,454

2,664

1,406

-9,563

-10,930

-10,290

-5,203

2,800

5,804

2,868

513

1,427

-674

1,986

-2,359

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-3,572

-6,718

-6,022

-8,847

-2,171

2,610

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

45,005

41,307

33,483

39,363

31,338

35,840

13,859

-2,293

13,926

12,544

21,055

44,690

53,644

48,244

59,717

56,408

69,233

98,804

112,425

134,532

101,826

100,495

77,400

62,944

85,916

82,198

97,614

65,419

41,497

51,206

28,697

34,366

44,749

25,828

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment

23,043

22,120

15,865

12,391

10,844

9,323

8,359

7,209

3,001

2,811

3,182

3,056

3,779

4,868

6,116

10,406

12,108

13,992

14,751

12,920

12,994

11,104

9,428

7,940

7,069

7,745

7,423

8,634

15,618

14,110

13,696

11,446

4,461

4,096

0

0

0

Proceeds from the sale of property and equipment

6

35

47

-108

2,587

2,558

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,688

1,756

1,756

-1,620

68

0

0

0

-

-

-

-

-

-

-

-

Acquisition of business, net of cash acquired

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

300,844

300,620

320,708

348,238

61,195

68,453

112,978

102,466

144,879

156,281

91,919

60,847

18,434

0

0

0

Equity method investment contribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-37,190

-22,085

-15,817

-12,518

-9,232

-17,576

-16,625

-15,301

-12,837

-2,811

31,516

33,626

32,903

27,814

-8,132

-24,907

-31,609

-29,493

-30,250

-17,667

-23,419

-310,260

-308,360

-326,960

-357,063

-69,008

-76,049

-121,785

-118,189

-159,094

-171,549

-104,937

-66,880

-24,102

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from debt

-

-

-

-

-

-

-

-

-

728,822

922,282

693,636

601,292

517,689

407,490

406,084

379,488

393,551

407,439

408,748

486,962

744,050

743,123

758,736

744,158

458,446

484,356

605,483

499,567

465,163

419,643

221,350

245,587

224,307

0

0

0

Principal debt payments

4,117

4,341

4,563

3,393

3,386

3,381

3,375

304,449

512,719

702,402

988,632

820,369

738,094

643,568

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs for registration of common shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

60

80

10,888

11,226

11,208

11,373

1,181

821

801

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment for contingent consideration liability

0

1,394

1,394

1,394

1,394

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-controlling interest holder (distributions), net of tax benefits

-

-

-

-

-

-

-

-

-

-

368

386

336

335

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

90

0

0

0

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,908

13,992

13,992

20,763

11,855

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on revolving line of credit and other long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-529,543

-513,939

-493,611

-501,990

-507,018

-540,539

-416,240

-345,231

-265,773

-143,755

-222,011

-223,959

0

0

0

Payment for employee taxes withheld from stock awards

317

267

274

332

330

340

418

474

950

934

848

631

167

238

1,020

1,008

878

815

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax (loss) related to vesting of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-619

0

0

0

-

-

-

-

960

1,152

1,160

1,222

958

740

972

890

680

516

349

264

198

0

0

0

Net cash used in financing activities

-4,524

-6,092

-5,371

-4,259

-4,272

-2,921

-3,744

18,142

11,030

14,188

-33,099

-76,960

-86,169

-76,073

-55,961

-31,985

-40,002

-67,939

-84,826

-127,943

-88,029

204,212

232,229

263,454

275,733

-18,622

-24,692

62,487

80,705

117,100

152,979

76,022

22,305

-989

0

0

0

Effect of foreign currency on cash

-1,166

676

-124

79

-151

-403

-187

-139

-69

68

186

36

-5

-88

-332

83

591

274

865

473

-100

131

383

561

310

446

-782

-618

-300

-264

0

0

0

-

-

-

-

Net change in cash and restricted cash

2,125

13,806

12,171

22,665

17,683

14,940

-6,697

409

12,050

23,989

19,658

1,392

373

-103

-4,708

-401

-1,787

1,646

-1,786

-10,605

-9,722

-5,422

1,652

-1

4,896

-4,986

-3,909

5,503

3,713

8,948

10,495

5,451

174

737

0

0

0