Educational development corp (EDUC)
CashFlow / Yearly
Feb'19Feb'18Feb'17Feb'16Feb'15Feb'14Feb'13Feb'12Feb'11
CASH FLOWS FROM OPERATING ACTIVITIES
NET EARNINGS

6,678

5,214

2,860

2,119

859

357

802

1,420

1,168

Adjustments to reconcile net earnings to net cash provided by operating activities:
Impairment of asset

-

-

1,082

0

-

-

-

-

-

Impairment of investment in nonmarketable equity securities

-

-

-

-

-

430

-

-

-

Impairment of investment in nonmarketable equity securities

-

-

-

-

-

-

0

-

-

Depreciation

1,455

1,251

1,079

274

129

115

114

118

-124

Deferred income taxes, net

735

264

221

-19

0

127

-12

-22

-

Deferred income taxes

-

-

-

-

-

-

-

-

105

Provision for doubtful accounts

74

510

283

1,239

1,281

978

1,508

874

-1,619

Provision for inventory valuation allowance

140

311

-25

-68

0

-

-

-

-

Share-based compensation expense

401

0

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

419

407

686

676

1,356

559

1,352

1,373

-1,390

Inventories

7,106

-7,079

16,771

6,048

1,192

55

-118

-201

1,341

Prepaid expenses and other assets

337

412

-533

672

88

-165

117

6

-131

Accounts payable

2,399

-5,096

-

-

-

-

-

-

-

Accrued salaries and commissions, and other liabilities

694

177

-

-

-

-

-

-

-

Accounts payable, accrued salaries and commissions, and other liabilities

-

-

11,427

6,837

182

835

-128

-469

-

Deferred revenues

272

59

-2,292

2,925

0

-

-

-

-

Other liabilities

-

-

-

-

-

-

-

-

1,647

Accounts payable, accrued salaries and commissions, and other current liabilities

-

-

-

-

-

-

-

-

-157

Income taxes payable

-1,042

279

716

739

-77

-

-

-

-31

Income tax payable/receivable

-

-

-

-

-

370

-293

40

-

Total adjustments

-2,731

4,018

-4,433

4,531

-1,120

2,407

-163

-637

-

Net cash provided by operating activities

3,946

9,232

-1,572

6,650

-261

2,765

639

783

2,815

CASH FLOWS FROM INVESTING ACTIVITIES
Investment in nonmarketable equity securities

-

-

-

-

-

-

180

250

-

Purchases of property, plant and equipment

1,399

1,437

2,485

24,911

325

77

29

76

19

Net cash used in investing activities

-1,399

-1,437

-2,485

-24,911

-325

-77

-209

-326

-19

CASH FLOWS FROM FINANCING ACTIVITIES
Payments on long-term debt

929

1,877

738

97

0

-

-

-

-

Net payments under line of credit

-

-

-

-

3,150

2,500

1,185

0

-

Proceeds from long-term debt

0

1,019

4,000

18,400

0

-

-

-

-

Cash received from sale of treasury stock

342

42

227

202

174

174

221

223

239

Cash used to purchase treasury stock

256

98

0

1

5

129

56

214

191

Payments on notes payable

-

-

-

-

-

-

-

75

75

Cash proceeds from issuance of stock options

0

26

0

-

-

-

-

-

4

Net payments on line of credit

0

-4,882

1,551

-

-

-

-

-

-

Net borrowings under line of credit

-

-

-

1,931

4,550

1,250

2,185

250

-

Dividends paid

1,227

0

1,466

1,374

1,278

1,271

1,884

1,870

1,982

Net cash used in financing activities

-2,071

-5,770

3,573

19,060

290

-2,476

-720

-1,685

-2,004

NET DECREASE IN CASH AND CASH EQUIVALENTS

476

2,024

-484

799

-296

210

-291

-1,228

791

SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION
Cash paid for interest

926

1,116

1,005

179

54

34

24

3

-

Cash paid for income taxes

2,874

2,073

543

706

619

11

785

839

742

Accrued capital expenditures

0

639

0

-

-

-

-

-

-