Ennis, inc. (EBF)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11
Cash flows from operating activities:
Net earnings

38,292

37,922

37,788

37,822

37,437

37,540

35,395

34,368

32,905

30,732

28,198

26,442

1,780

491

5,425

9,687

35,736

39,489

-42,364

-43,394

-44,533

-67,598

12,930

12,715

13,189

34,730

31,551

29,342

24,715

20,971

21,693

23,813

31,358

0

0

0

Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation

10,425

10,151

9,809

9,513

9,071

8,771

8,345

8,072

8,033

8,006

7,928

7,947

7,934

7,962

8,002

7,968

7,798

4,743

5,355

6,009

6,778

10,403

10,323

10,049

9,854

9,705

9,661

9,772

9,957

9,865

9,723

9,601

9,521

0

0

0

Amortization of deferred finance charges

47

76

104

114

114

114

114

114

114

0

0

0

-

-

-

-

-

-

-

-

-

149

149

149

149

149

149

149

149

220

291

361

432

0

0

0

Amortization of intangible assets

7,769

7,665

8,028

7,607

7,118

6,743

5,901

5,948

6,058

5,745

5,429

5,039

4,673

4,643

4,619

4,589

4,555

3,469

3,733

4,020

4,312

5,650

5,462

4,838

4,216

3,610

3,208

3,241

3,278

3,117

2,893

2,664

2,431

0

0

0

Pre-tax loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-36,775

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating cash flows of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

538

5,467

7,712

27,723

38,508

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss from disposal of assets

-

-

-

-

217

96

-93

-143

-162

-71

-339

-287

-278

-158

467

471

479

406

60

55

54

23

23

268

274

262

244

1

-2

0

0

0

-

-

-

-

Bad debt expense, net of recoveries

-59

-331

38

117

212

441

179

36

-265

-86

-88

95

263

-23

470

48

253

468

454

862

799

933

1,057

2,069

3,024

3,272

2,654

1,555

743

362

-111

-90

144

0

0

0

Stock based compensation

1,369

1,379

1,388

1,428

1,397

1,371

1,344

1,331

1,337

1,344

1,349

1,355

1,361

1,344

1,330

1,315

1,308

1,310

1,311

1,312

1,339

1,385

1,431

1,486

1,532

1,540

1,548

1,548

1,459

1,341

1,223

1,109

1,025

0

0

0

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,260

1,263

793

795

795

781

0

0

0

Net pension expense

-1,819

-1,785

-1,752

-1,717

-1,683

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of the effects of acquisitions:
Accounts receivable

-1,781

-1,317

-4,285

-1,439

-1,480

-801

1,174

743

21

-1,079

-3,186

-3,925

-3,315

-968

-2,065

-942

-4,166

-3,361

-3,807

-5,168

-1,116

-346

1,607

-2,678

1,909

2,467

-1,660

5,950

1,400

3,656

1,717

-3,615

-7,951

0

0

0

Prepaid expenses and income taxes

1,538

-657

-231

-772

-3,408

-218

-989

473

2,699

-2,844

-5,207

-9,875

-1,134

914

4,070

7,906

-1,887

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,316

1,261

1,527

-2,953

-2,536

-1,090

-2,534

-347

4,496

2,996

4,250

6,134

0

0

0

Inventories

-3,241

-4,366

1,531

168

3,580

5,092

333

655

-1,566

-953

-619

-20

-1,428

-448

-1,148

-1,023

-318

6,398

7,833

2,158

935

2,524

19,698

27,456

16,415

8,296

-7,218

-15,100

-18,293

-17,319

-18,790

-7,935

21,809

0

0

0

Other assets

-

-

-

-

-

-

-

-

-65

-71

241

594

589

0

0

-15

-

-75

-257

-266

9

-227

-67

-105

-197

-114

-66

16

49

37

-2

-38

68

0

0

0

Accounts payable and accrued expenses

-2,614

-1,396

-2,408

68

-2,383

-803

1,334

-2,268

-847

-437

-2,997

1,966

-140

563

-881

-3,476

-701

-4,451

-3,468

-1,933

-1,501

-6,739

-4,587

-1,188

-4,913

3,285

1,854

-545

-7,251

-7,222

-8,549

-16,452

135

0

0

0

Other liabilities

-109

-200

-269

-929

-302

-473

-482

162

76

-3,224

-3,230

-3,676

-3,579

-768

-259

-382

-689

561

125

356

616

370

291

163

204

9

301

10

-311

171

-225

-199

-197

0

0

0

Liability for pension benefits

-

-

-

-

-

-

-

-

-

-

-

0

-

531

618

706

793

1,072

1,351

1,629

1,907

1,660

1,412

1,165

919

901

883

864

845

-1,486

-537

1,232

1,361

0

0

0

Net cash provided by operating activities

57,219

59,101

54,803

55,116

51,335

48,139

50,364

44,834

45,290

50,145

48,985

56,186

58,887

50,619

55,575

71,733

86,684

96,661

92,283

81,120

64,434

40,582

24,989

24,516

32,755

47,893

60,701

56,742

49,957

38,244

41,189

28,068

24,573

0

0

0

Cash flows from investing activities:
Capital expenditures

3,394

3,784

3,809

4,421

4,824

4,353

3,623

3,141

2,667

3,245

3,728

3,368

3,065

2,009

2,796

3,479

4,227

4,525

3,450

2,890

2,019

2,227

3,400

4,282

4,646

4,878

3,871

3,096

2,560

1,508

1,780

3,103

5,087

0

0

0

Purchase of businesses, net of cash acquired

18,733

18,733

19,087

31,512

27,389

0

0

0

-

-

-

-

18,584

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

107,354

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investing cash flows of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-279

-365

-713

-832

-596

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of plant and property

-

-

-

-

443

340

45

48

64

37

677

677

664

709

1,023

1,029

1,038

1,053

157

157

143

86

36

987

992

988

973

18

18

0

0

0

-

-

-

-

Net cash used in investing activities

-21,446

-22,384

-22,459

-35,494

-31,770

-31,402

-30,613

-9,179

-3,953

-22,235

-22,078

-20,658

86,090

104,782

103,961

103,124

-4,116

-21,003

-20,820

-30,310

-29,410

-12,985

-75,721

-65,152

-65,511

-65,747

-2,898

659

1,195

-37,719

-43,956

-48,819

-50,810

0

0

0

Cash flows from financing activities:
Repayment of debt

-

-

-

-

-

-

-

-

-

-

-

-

10,000

15,000

33,000

46,480

59,010

0

0

0

-

-

-

-

25,000

32,500

40,000

45,000

37,500

0

0

0

-

-

-

-

Dividends paid

23,486

23,500

23,551

23,403

22,611

24,358

23,519

22,875

22,260

19,111

18,565

57,138

57,200

57,240

57,219

18,078

18,044

18,030

18,062

18,120

18,191

18,279

18,319

18,332

13,765

18,328

18,316

18,304

22,864

17,750

17,209

16,672

16,132

0

0

0

Financing cash flows of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,490

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock repurchases

2,471

2,722

5,776

5,343

4,811

4,560

683

683

3,313

0

0

0

-

-

-

-

-

-

-

-

7,034

8,388

3,888

2,706

1,838

2

1

2

2

0

0

0

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

2,910

0

0

0

-

-

-

-

54

59

103

148

94

0

0

0

-

-

-

-

217

0

0

0

Net cash used in financing activities

-55,957

-56,222

-59,327

-28,677

-27,353

-28,849

-24,133

-23,558

-25,573

-22,845

-28,267

-73,626

-72,468

-77,133

-89,141

-65,714

-84,590

-75,118

-64,151

-44,391

-24,277

-20,591

46,913

39,627

32,508

17,375

-53,147

-58,155

-55,215

-8,092

2,440

17,999

23,691

0

0

0

Net change in cash

-20,184

-19,505

-26,983

-9,055

-7,788

-12,112

-4,382

12,097

15,764

5,065

-1,360

-38,098

72,509

76,670

68,851

106,097

-5,400

-2,319

3,746

4,212

9,195

6,152

-3,899

-1,130

-916

-718

4,476

-571

-4,178

-7,527

-1,102

-2,886

-1,895

0

0

0

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,378

-2,859

-3,566

-2,207

-1,552

-854

-80

-121

-668

-239

-180

183

-115

40

-775

-134

651

0

0

0