Esco technologies inc. (ESE)
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'11Dec'10Sep'10Jun'10Mar'10Dec'09
Cash flows from operating activities:
Net earnings

17,822

86,777

24,858

20,067

18,797

17,317

28,452

19,019

9,994

34,671

19,174

12,645

11,157

10,727

16,915

11,528

8,610

8,829

12,983

11,896

7,610

10,023

11,308

11,590

-33,677

11,189

-32,305

4,897

1,559

246

17,679

13,791

10,202

5,207

15,383

13,078

13,227

10,813

23,896

14,547

5,967

436

Net earnings from discontinued operations, net of tax

0

76,013

-

-

975

-33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,619

0

-42,941

2,357

-46,186

-1,616

-3,964

-5,097

-

-

-

-

-

-

-

-

-

-

-

-

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

10,043

10,540

11,337

11,926

8,271

8,566

9,450

9,552

9,572

9,226

9,177

8,335

7,600

7,088

6,359

5,971

5,878

5,360

4,970

4,716

4,616

4,282

4,128

4,121

4,073

4,040

3,277

3,888

4,005

3,635

3,659

-1,491

6,313

6,014

-3,911

6,054

5,796

5,537

5,578

5,402

5,593

5,564

Stock compensation expense

1,450

1,446

1,475

1,321

1,184

1,373

1,354

1,216

1,295

1,353

1,314

1,260

1,433

1,437

1,052

963

1,360

1,329

1,078

1,132

1,314

1,255

1,120

1,114

1,332

1,249

1,137

1,168

1,196

1,076

1,110

985

1,122

1,139

728

1,248

1,262

1,232

1,562

1,096

869

1,031

Changes in assets and liabilities

-2,804

19,051

-31,907

13,727

17,477

10,647

861

3,884

6,978

-1,408

-7,088

20,005

2,919

2,053

-22,852

-5,388

9,559

16,935

-18,387

5,035

166

13,931

-7,677

8,816

1,440

7,954

-13,380

724

18,880

16,307

-13,064

32,858

-5,103

-11,240

836

6,171

-2,673

1,262

-35,257

10,484

14,200

958

Change in property, plant and equipment due to gain on sale of building

-

-

0

0

0

8,922

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in deferred revenue and costs, net

-

-

-

-

-

-

-

-

-

-

-

915

4,281

-333

-

1,037

702

1,290

-

1,148

3,492

-2,803

-

1,435

519

-1,196

-

883

2,736

-2,327

187

606

-779

2,359

2,804

-836

2,159

-4,427

3,451

-3,578

396

-598

Pension contributions

-

-

-

-

-

-

537

8,877

177

360

360

1,957

360

0

-

-

-

-

0

30

0

620

620

960

620

500

500

1,645

1,025

730

730

5,410

-730

-610

9,850

-610

-610

-3,400

-2,336

0

1,036

-68

Effect of deferred taxes

1,204

-370

-1,431

2,923

1,827

-3,258

1,502

3,447

1,968

-28,501

1,937

1,068

-252

-1,393

-4,134

-505

387

1,259

-1,953

3,032

-286

624

-3,040

-685

-342

1,403

6,420

-58

1,924

1,798

-1,349

2,575

980

-1,120

874

1,737

1,606

-666

-6,789

1,408

104

1,218

Other

-

-

-

-

-

-

-

-

-

-

-372

5,444

21

-263

-602

219

-361

-208

-957

1,760

-446

-213

879

187

380

1,562

-2,550

-227

873

-883

-1,268

-435

220

-211

-3,051

415

-498

1,127

-2,027

345

810

-183

Net cash provided by operating activities - continuing operations

33,323

3,329

-

-

10,794

4,462

-

-

-

-

-

-

-

-

-

24,163

7,739

1,340

34,585

13,951

17,398

-957

22,249

5,918

12,406

4,312

38,351

10,511

-5,151

-6,629

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used) provided by operating activities - discontinued operations

-14,000

-622

-

-

-1,904

3,640

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

186

0

9,368

-10,997

-3,433

-342

5,562

8,282

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings (loss) from discontinued operation, net of tax

0

76,013

-

-

975

-33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

19,323

2,707

68,096

20,049

8,890

8,102

39,315

20,473

15,674

17,797

33,868

-3,183

20,919

15,736

-

-

-

-

-

-

-

-

22,435

5,918

21,774

-6,685

34,918

10,169

411

1,653

18,201

24,098

11,383

-518

27,012

11,637

16,827

19,140

51,106

13,076

-2,361

5,202

Cash flows from investing activities:
Proceeds from sale of building and land

-

-

0

0

0

17,201

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of businesses, net of cash acquired

-

-

-

-

-

-

0

76

11,136

233

36,360

87,268

0

75,000

40,754

0

28,900

12,408

0

0

20,500

0

-

-

-

-

0

16,205

0

3,247

-

-

-

-

-

-

-

-

-

-

-

-

Additions to capitalized software

2,357

1,923

2,179

1,713

2,434

2,060

2,455

2,510

2,525

2,083

2,789

2,768

2,012

1,433

2,408

2,541

2,003

1,713

2,507

1,360

1,419

1,615

2,324

2,261

2,218

1,826

2,819

1,813

1,701

2,075

931

-2,338

3,805

2,946

-4,877

2,502

5,199

2,668

2,590

2,142

2,714

1,381

Capital expenditures

8,564

12,647

10,743

16,330

5,351

4,776

5,061

5,444

6,489

3,606

6,645

7,620

8,446

6,989

6,031

2,528

2,535

2,749

1,887

2,951

4,074

3,532

4,598

2,317

3,664

2,135

3,615

2,642

3,544

4,061

3,205

1,442

3,065

3,087

2,023

3,656

2,975

2,661

3,330

3,034

3,359

3,715

Net cash (used) provided by investing activities - continuing operations

-10,921

-14,570

-

-

-7,785

10,365

-

-

-

-

-

-

-

-

-

-5,069

-33,438

-16,870

-4,394

-4,311

-25,993

-5,147

-6,922

-4,578

-5,882

-3,961

-6,434

-20,660

-5,245

-9,383

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of discontinued operations

0

183,997

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures - discontinued operations

0

1,728

-

-

3,189

4,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided (used) by investing activities - discontinued operations

0

182,269

-

-

-3,189

-4,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

125,306

-1,794

-2,663

-967

-3,172

-28,229

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided (used) by investing activities

-10,921

167,699

-108,745

-11,682

-10,974

6,256

-7,505

-8,030

-20,150

-5,922

-45,822

-96,472

-8,151

-83,422

-

-

-

-

-

-

-

-

-6,922

-4,578

119,424

-5,755

-9,097

-21,627

-8,417

-37,612

-7,462

-8,102

-8,215

-6,033

-5,588

-7,408

-11,906

-5,329

-34,945

-6,426

-6,073

-5,096

Cash flows from financing activities:
Proceeds from long-term debt

0

10,000

98,340

9,921

14,727

8,273

2,000

17,000

21,000

15,000

44,000

110,000

13,000

90,000

58,542

4,568

43,890

33,000

8,593

20,407

32,000

45,000

22,000

29,000

12,493

20,507

22,000

22,302

24,068

53,630

13,340

139,750

17,719

21,646

16,000

10,862

12,975

9,533

-

-

-

-

Principal payments on long-term debt

0

145,000

30,000

9,000

13,000

13,000

44,000

20,000

16,000

30,000

34,000

15,000

23,000

20,000

35,000

17,000

15,000

13,000

24,000

28,000

19,000

25,000

30,000

21,000

150,000

15,000

37,000

13,000

11,000

4,000

18,340

146,115

21,000

17,000

30,370

15,000

15,000

18,000

38,000

10,363

8,060

10,044

Dividends paid

2,077

2,079

2,079

2,077

2,073

2,073

2,073

2,071

2,067

2,067

2,067

2,075

2,058

2,057

2,057

2,060

2,066

2,065

2,087

2,087

2,090

2,105

2,094

2,133

2,121

2,124

2,092

2,115

2,112

2,132

2,139

2,147

2,134

2,134

2,167

2,120

2,125

2,122

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

11

1,190

549

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-137

-3,604

529

-159

-192

-3,446

543

17

41

91

22

-134

-5

-212

89

0

-101

415

-292

-46

-59

14

0

0

980

67

37

-86

755

-22

5

63

-677

98

487

462

390

298

187

880

Purchases of shares into treasury

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,366

0

3,519

6,363

8,363

3,607

0

0

0

0

0

9,703

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

0

87

950

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used) provided by financing activities - discontinued operations

0

-2,140

-

-

371

720

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used) by financing activities

-2,077

-137,079

65,053

-4,760

-537

-6,239

-44,265

-8,517

3,476

-17,050

7,974

93,016

-12,036

67,809

21,420

-15,919

23,738

16,985

-25,961

-9,265

7,099

11,486

-18,516

2,274

-139,628

3,383

-16,112

7,265

12,183

38,258

-13,618

-8,498

-5,736

2,575

-16,452

-6,160

-3,663

-10,127

-11,715

-8,180

-1,988

-9,164

Effect of exchange rate changes on cash and cash equivalents

-2,822

3,697

-1,552

1,485

-145

-1,966

-327

-3,572

2,305

1,259

975

1,660

1,013

-2,193

439

-1,392

895

-1,041

-1,308

247

-2,022

-1,904

-2,081

239

425

574

1,494

-40

-1,786

975

937

-2,412

1,013

-1,556

-2,612

1,125

1,498

-344

1,728

-1,061

-2,006

-219

Net increase in cash and cash equivalents

3,503

34,884

22,852

4,001

-1,675

6,153

-12,782

354

1,305

-3,916

-3,005

-4,979

1,745

-2,070

13,283

1,783

-1,066

414

2,532

2,160

-3,890

3,478

-5,084

3,853

1,995

-8,483

11,203

-4,233

2,391

3,274

-1,942

5,086

-1,555

-5,532

2,360

-806

2,756

3,340

6,174

-2,591

-12,428

-9,277

Supplemental cash flow information:
Interest paid

1,327

2,150

2,520

1,962

1,611

1,983

2,207

2,166

2,114

2,053

1,327

931

964

509

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid (including state and foreign)

22,793

305

7,571

5,063

13,331

119

4,446

606

2,712

1,025

5,253

7,176

12,219

1,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-