Futurefuel corp. (FF)
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

101,725

88,181

17,644

20,467

22,831

53,158

67,269

61,158

55,941

23,511

26,244

35,778

49,168

56,341

67,308

59,290

48,859

46,421

46,902

53,503

55,057

53,200

49,603

53,449

66,258

74,034

53,672

50,924

41,241

34,304

38,756

38,942

38,906

34,509

0

0

0

Adjustments to reconcile net income to net cash from operating activities:
Depreciation

12,366

12,087

11,817

11,187

11,196

11,227

11,412

11,349

11,505

11,645

11,594

11,370

11,093

10,819

10,671

10,572

10,508

10,187

9,735

9,326

8,922

8,981

8,988

9,459

10,018

10,316

10,715

10,660

10,528

10,454

10,536

10,392

9,771

9,098

0

0

0

Amortization of deferred financing costs

144

144

144

144

144

144

144

145

145

145

145

144

144

144

36

36

36

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Benefit for deferred income taxes

-4,752

-5,145

2,083

2,187

1,936

-1,253

-15,963

-15,779

-15,500

-13,657

2,669

-2,065

-3,210

-5,271

-6,395

-2,232

-1,712

-3,721

-3,313

399

1,281

5,388

1,659

-2,682

-2,714

-1,972

286

2,563

1,006

1,827

-565

873

4,163

2,846

0

0

0

Change in fair value of equity securities

-6,297

6,281

-1,020

-1,935

-4,200

-13,238

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative instruments

1,618

30

197

868

627

2,130

60

-293

821

-2,170

3,125

930

-1,425

-3,621

-1,636

3,849

4,550

3,295

564

-3,061

-3,853

396

-591

-626

1,154

617

-64

1,528

-701

1,506

-631

-2,346

651

-617

0

0

0

Other than temporary impairment of marketable securities

-

-

-

-

-

-

-

-

-

814

177

482

1,121

2,184

2,184

2,299

1,660

606

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,102

0

0

0

-

-

-

-

-

-

-

-

Loss on the sale of investments

-2,071

-1,662

-2,541

-2,235

-514

1,227

2,817

2,843

1,742

127

-980

-1,023

667

843

362

530

-272

713

3,243

3,092

5,591

4,335

2,655

2,793

1,874

1,982

5,873

5,818

3,672

3,927

457

640

835

590

0

0

0

Stock based compensation

0

-

-

-

-

357

441

462

628

998

1,355

1,704

1,908

1,908

2,043

2,043

2,043

2,043

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of property and equipment

12

11

11

-15

-39

-41

-91

-155

-169

-195

-145

-87

-63

-147

-157

-193

-249

-178

-261

-226

-147

-108

0

0

0

-

-

-

-

-63

-417

-396

-331

-262

0

0

0

Noncash interest expense

41

29

28

28

28

28

29

28

28

27

27

18

26

27

26

35

27

26

26

25

25

25

25

25

24

24

24

24

24

24

23

22

21

21

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

110,453

93,970

1,878

-749

-45,226

-5,679

-2,336

3,644

42,992

-2,386

-8,708

-5,865

-34,624

-21,960

10,218

4,960

38,046

-3,816

-13,722

-1,380

-947

21,515

5,324

-3,595

-10,530

5,838

8,280

-1,825

5,956

-12,772

-24,678

-13,629

-21,332

389

0

0

0

Accounts receivable – related parties

303

2,758

-2,525

-146

-2,118

1,679

981

-2,782

-394

-220

1,535

2,925

333

375

-1

-5,098

2,234

-1,163

-93

2,440

-4,056

-3,456

-5,997

-1,708

-360

4,629

5,175

4,279

4,315

-123

1,028

367

192

123

0

0

0

Inventory

-11,771

-1,723

-5,216

-11,405

-6,296

-4,458

4,482

10,632

7,643

-8,339

-4,425

-21,828

-18,032

-12,864

13,576

2,729

5,467

19,604

-24,812

-11,353

21,957

3,189

11,492

16,715

-28,219

172

-1,386

7,269

2,750

-15,447

18,050

8,989

34,407

20,067

0

0

0

Income tax receivable

16,131

1,204

-112

2,041

375

-79

-14,483

-12,765

-11,959

-13,571

-337

-686

4,216

6,394

6,018

-797

3,042

-5,602

-1,915

1,968

352

4,984

0

0

0

-

-

-

-

-

-

-

-

-519

0

0

0

Prepaid expenses

378

165

40

101

-23

107

-72

-114

-137

-34

4

15

7

52

147

107

216

-28

156

155

-177

-173

-107

-107

74

248

-68

17

179

135

-1,657

-745

26

220

0

0

0

Prepaid expenses – related parties

-

-

-

-

-

-

-

-

-

-

16

-16

-12

-23

-35

12

12

35

35

23

210

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest on marketable securities

-

-

-

-

-

-

-

55

-28

-16

4

17

67

110

67

1

-56

-30

0

0

0

-

-

-

-

79

0

0

0

-

-

-

-

123

0

0

0

Other assets

-323

-239

-151

-164

213

317

293

-11

69

9

106

216

437

556

771

782

465

668

-2,767

32

86

-65

3,048

85

389

266

417

537

320

249

-1,115

-904

-801

-633

0

0

0

Accounts payable

40,179

41,453

-5,824

-14,115

-11,767

1,243

7,190

17,063

17,659

-4,403

-365

1,155

-13,844

-11,643

5,900

-13,717

-2,918

4,056

-1,667

18,186

21,748

15,459

-4,879

-6,016

-9,431

2,338

9,126

111

385

-6,076

604

3,670

-1,040

4,037

0

0

0

Accounts payable - related parties

-630

-434

-2,160

-340

-1,507

506

-902

-998

952

-71

3,571

-49

1,332

1,010

461

-363

288

-2,668

-8,915

-4,627

-9,050

2,055

5,737

3,368

5,214

-3,030

2,096

3,104

3,512

864

838

-72

-153

2,555

0

0

0

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-620

-3,659

530

587

-503

223

-3

2,591

1,123

0

0

0

Accrued expenses and other current liabilities

2,472

1,087

-3,207

-3,622

-3,919

274

3,858

3,274

3,675

60

-2,623

-1,745

-696

-645

37

-923

-2,937

-1,673

146

-1,231

181

-3,153

0

0

0

-

-

-

-

368

-683

99

154

-116

0

0

0

Accrued expenses and other current liabilities – related parties

0

-

-

-

-

-

-

-

-

-142

0

0

0

142

-367

-313

-415

-46

268

250

384

43

-56

-37

-19

3

141

83

33

-43

-29

-14

11

35

0

0

0

Deferred revenue

2,522

1,628

1,140

936

-1,019

-1,258

-3,667

-3,846

-3,972

-4,215

-2,221

-1,171

563

3,734

2,468

2,924

573

721

1,193

-3,228

-1,654

-2,524

-2,279

-11,855

-12,051

-14,734

-15,670

-604

1,147

941

1,808

622

5,956

12,124

0

0

0

Other noncurrent liabilities

-3,710

-3,649

0

0

0

-

-

-

-

-2,160

130

1,874

1,848

1,762

1,360

-2,156

-2,839

-2,831

0

0

0

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

41,961

34,638

30,802

33,780

78,484

85,613

82,076

76,748

34,905

39,347

50,536

72,906

98,060

90,975

56,580

50,791

-282

39,623

85,388

83,970

61,596

51,952

0

0

0

-

-

0

0

-

-

-

41,446

50,429

0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21,086

0

0

0

Collateralization of derivative instruments

-1,175

111

-148

-1,351

-1,369

-1,680

-1,243

630

-223

1,901

-2,714

-2,442

409

535

-1,062

-3,241

-4,827

-1,239

352

2,661

4,487

985

1,519

-226

-1,544

-1,374

274

1,285

145

-2,510

-1,241

-1,393

884

2,133

0

0

0

Purchase of marketable securities

11,999

20,131

19,200

23,297

22,916

19,664

24,828

22,327

20,985

30,959

32,363

47,687

65,482

60,664

60,280

45,616

36,812

39,136

44,009

48,941

47,016

41,369

40,095

46,304

53,626

49,348

60,921

55,144

44,738

58,745

41,359

42,140

46,415

87,320

0

0

0

Proceeds from the sale of marketable securities

28,194

31,419

43,255

30,199

31,023

48,235

42,283

48,704

40,291

23,254

24,632

24,231

29,247

30,487

23,465

39,060

38,962

48,546

70,002

50,163

75,418

57,098

43,236

55,808

37,980

41,198

46,906

37,601

29,595

33,637

26,855

27,477

28,267

40,196

0

0

0

Proceeds from the sale of property and equipment

58

13

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

247

0

0

0

-

-

-

-

Capital expenditures

6,333

6,971

7,922

8,423

6,685

4,867

4,051

2,998

3,111

3,581

4,002

3,927

4,496

4,495

4,300

5,116

5,580

7,222

7,455

6,762

7,974

8,117

0

0

0

-

-

0

0

-

-

-

-

23,208

0

0

0

Net cash provided by (used in) investing activities

11,095

4,219

16,294

-155

2,818

25,406

14,669

22,773

16,422

-13,183

-9,015

-24,941

-41,140

-35,207

-40,047

-8,425

-5

2,025

16,856

-9,528

16,022

6,708

-9,025

-7,587

-31,801

-24,111

-31,203

-30,571

-25,539

-32,613

-24,099

-25,158

-31,461

-51,367

0

0

0

Cash flows from financing activities
Deferred financing costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Minimum tax withholding on stock options exercised and awards vested

-

-

-

-

-

-

-

-

-

-

-

-

-

128

59

153

151

120

120

143

143

175

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits associated with stock options and awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-137

-156

-480

-480

-344

-371

-30

15

59

0

0

0

-

-

-

-

361

0

0

0

-

-

-

-

Proceeds from issuance of stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,292

22,341

22,369

22,369

3,149

174

146

15,909

15,872

0

0

0

Payment of dividends

10,498

10,498

10,499

10,499

10,498

10,498

10,497

10,498

10,499

110,688

110,687

110,685

110,683

10,493

10,492

10,492

10,493

10,493

13,117

15,741

18,350

20,928

31,284

30,804

30,338

29,904

68,443

67,808

67,173

66,538

16,524

16,522

16,387

16,254

0

0

0

Net cash used in financing activities

-10,975

-10,498

-10,499

-10,675

-10,674

-10,674

-10,642

-10,610

-10,620

-110,809

-110,649

-110,555

-110,546

-10,545

-10,707

-11,125

-11,845

-11,678

-14,329

-16,635

-18,478

-21,044

-31,445

-30,774

-30,353

-10,617

-45,977

-45,341

-44,706

-63,283

-16,321

-16,360

-462

-374

0

0

0

Net change in cash and cash equivalents

42,081

28,359

36,597

22,950

70,628

100,345

86,103

88,911

40,707

-84,645

-69,128

-62,590

-53,626

45,223

5,826

31,241

-12,132

29,970

87,915

57,807

59,140

37,616

-8,810

-2,593

39,093

27,726

-17,151

-24,886

-26,675

-31,008

12,037

17,506

9,523

-1,312

0

0

0

Cash paid for interest

0

-

-

-

-

-

-

-

-

-

0

0

0

-

2

0

0

0

0

0

0

0

0

0

0

-

-

-

-

3

0

0

0

-

-

-

0

Cash paid for income taxes

2,822

2,372

0

0

0

-

-

-

-

55

56

57

82

987

990

3,219

13,460

13,381

18,749

16,519

13,037

12,372

18,990

32,503

38,471

38,890

32,613

22,792

17,743

19,252

22,416

20,763

15,398

13,773

0

0

0

Noncash investing and financing activities:
Noncash capital expenditures

-

207

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,393

4,993

3,637

2,059

0

0

0

Noncash operating leases

-

432

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-