Papa murphy's holdings, inc. (FRSH)
CashFlow / Quarterly
Apr'19Dec'18Sep'18Jun'18Apr'18Mar'18Jan'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Operating Activities
Net (Loss) Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,632

1,122

-1,939

2,596

2,824

-788

-1,607

819

-2,901

-395

-6

711

Net income

1,806

1,997

-639

1,386

1,580

1,580

-

13,963

-2,678

-6,085

-5,207

1,476

-421

952

642

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile to cash from operating activities
Depreciation and amortization

1,478

1,564

1,662

1,874

2,141

2,141

-

2,093

2,336

2,906

3,117

3,469

3,137

2,915

2,715

2,622

2,641

2,420

2,319

2,237

2,007

1,967

1,841

1,733

1,798

1,743

1,699

Loss on disposal or impairment of property and equipment

-21

-129

-2,521

715

-2

-2

-530

-

-6,252

-11,569

-9

-

-160

59

-54

-

-4

-3

-59

-

15

-36

-6

-

-

-

-

Loss (gain) on disposal or impairment of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-98

-648

-37

-64

Deferred taxes

-356

-479

227

-514

-530

-530

-

11,891

1,857

2,228

3,746

-935

-557

-575

343

-2,739

564

1,328

-860

-2,340

511

1,159

-453

-87

148

-616

-389

Stock-based compensation

187

-66

194

182

185

185

-

198

84

175

230

238

233

196

231

223

202

500

156

159

194

995

550

457

212

162

15

Amortization of deferred finance charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105

158

207

-

223

220

198

Other non-cash items

-80

-89

-76

-98

-79

-79

-

-81

-82

-176

-83

-89

-82

-77

-81

-80

-81

-405

-80

-

-

-

-

-

-

-

-

Change in operating assets and liabilities
Accounts receivable

-773

476

441

-2,178

1,023

1,023

-

745

88

-322

-2,051

1,514

992

-445

-1,539

2,011

-2,096

-446

-110

524

800

250

1,728

478

175

-118

-52

Inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-34

5

6

Prepaid expenses and other assets

-494

-960

434

-1,015

-444

-444

-

2,533

-50

-2,913

-922

-1,373

248

-194

-878

1,855

-917

1,667

-617

-1,398

-735

-662

530

-6

6,051

3

-944

Unearned franchise and development fees

-368

-497

-410

361

-962

-962

-

92

168

-254

-72

-228

8

-303

-44

-366

-169

-417

-261

-431

81

-268

111

-152

-275

-19

447

Accounts payable

205

485

440

-1,348

-785

-785

-

1,245

-398

-2,771

1,141

1,017

1,720

-1,307

-2,533

1,268

1,064

118

1,178

-745

1,189

304

-1,514

-260

1,808

-197

-330

Accrued expenses and other liabilities

-5,084

557

-1,108

-6,412

2,061

2,061

-

6,960

758

-2,573

837

703

-321

267

-1,787

791

813

1,202

-2,227

2,629

-641

617

-2,361

3,277

153

439

-1,714

Other assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-42

-13

-6

-

-5,185

-76

5

Net cash from operating activities

-52

5,221

1,634

-867

4,252

4,252

-

7,313

4,709

4,150

-635

7,504

3,915

3,952

1,433

5,806

8,207

4,243

5,487

9,952

5,029

2,668

-2,140

778

3,451

3,181

2,464

Investing Activities
Acquisition of property and equipment

307

79

200

217

80

80

-

1,030

847

1,180

930

3,525

4,952

3,891

5,642

4,928

2,668

1,633

1,201

1,031

1,951

547

538

816

1,264

673

284

Acquisition of stores, less cash acquired

11

-

-

-

0

-

-

-

-

-

-

-

-

-

-

167

181

1,672

7,671

3,961

506

11

130

6,672

499

1,278

1,823

Proceeds from sale of property and equipment

52

13

139

7,374

73

73

-

82

0

2,206

0

974

0

0

136

1,250

0

0

0

26

15

117

21

25

4

0

0

Issuance of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

250

0

0

0

0

-

-

-

-

Payments received on notes receivable

-

0

97

0

-

0

-

9

0

15

27

15

20

19

18

18

17

14

18

9

12

124

824

8

7

9

7

Investment in cost-method investee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

500

500

0

1,000

500

2,000

0

0

0

Net cash from investing activities

-266

-200

36

7,157

-7

-7

-

-939

-847

1,041

-903

-2,643

-4,938

-6,321

-5,488

-3,827

-2,832

-3,291

-9,604

-5,457

-2,430

-1,317

-323

-9,455

-1,752

-1,942

-2,100

Financing Activities
Payments on long-term debt

5,100

2,292

0

6,200

4,900

4,900

-

5,100

2,100

2,100

3,679

0

0

0

3,321

700

700

1,400

0

-

-

-

-

120,620

220

220

220

Issuance of common stock, net of underwriting fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

30

27

Advances on revolver

-

1,400

0

4,500

-

0

-

2,200

2,200

5,200

5,300

2,000

4,500

9,300

1,000

5,900

-500

500

0

-

-

-1,000

1,000

-

0

0

500

Payments on revolver

-

1,400

0

4,500

-

0

-

2,200

4,600

7,200

1,700

-

-

-

-

-

-

-

-

-

-

-

-

-

2,300

1,200

1,000

Repurchases of common stock

-

29

0

0

-

0

-

-1

2

1

3

0

4

70

10

0

0

9

1

0

409

1

1,108

373

18

9

0

Proceeds from exercise of stock options

18

11

0

80

0

-

-

-

-

-

-

-

-

-

-

105

220

0

51

0

0

0

0

-

-

-

-

Debt issuance and modification costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

91

2,620

0

6

4,027

-1

12

277

Payments received on subscription receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

40

1,057

0

0

0

0

Investment by noncontrolling interest holders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

56

55

0

111

56

241

0

0

0

Net cash from financing activities

-5,082

-2,614

0

-6,120

-4,900

-4,900

-

-5,099

-4,502

-4,101

-82

-3,300

1,096

2,323

-2,331

-595

-980

-909

106

-36

-6,011

417

999

11,531

-2,537

-1,411

-970

Net change in cash and cash equivalents

-5,400

2,407

1,670

170

-655

-655

-

1,275

-640

1,090

-1,620

1,561

73

-46

-6,386

1,384

4,395

43

-4,011

4,459

-3,412

1,768

-1,464

2,895

-840

-172

-606

Supplemental Disclosures of Cash Flow Information
Cash paid during the period for interest

1,322

1,302

1,198

1,193

1,277

1,277

-

1,198

1,248

1,252

1,137

1,471

1,180

1,159

1,084

1,108

352

1,084

1,080

718

-215

3,772

3,110

2,740

2,243

2,321

2,465

Cash (received) paid during the period for income taxes

-81

-34

9

91

0

0

-

61

84

0

-330

31

2

134

2

900

756

1,419

3

24

4

101

5

12

30

89

-14

Issuance of note receivable for preferred and common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196

0

59

54

Net change in property and equipment in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-831

-1,071

1,804

705

-108

2,132

779

295

-213

259

-2

53

309

-52

2

50