Foster l b co (FSTR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income

42,568

-31,168

5,361

-141,660

-44,445

25,656

29,290

-

-

-

15,727

Income from continuing operations

-

-

-

-

-

-

-

14,764

22,067

20,006

-

Adjustments to reconcile net (loss) income to cash used in operating activities:
Deferred income taxes

-29,510

-1,598

-1,222

3,375

-14,582

-2,914

3,244

-4,563

3,484

1,130

-675

Depreciation

11,054

11,495

12,849

13,917

14,429

7,882

6,890

-

-

-

-

Amortization

6,577

7,098

6,992

9,575

12,245

4,695

3,112

-

-

-

-

Concrete Tie Settlement expense (Note 18)

0

43,400

0

-

-

-

-

-

-

-

-

Asset impairments

-

-

-

135,884

80,337

0

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

0

-

-

-

-

Equity (income) loss in nonconsolidated investments

-17

7

-6

1,290

-167

-1,282

-1,316

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

12,973

12,007

9,219

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

8,720

Equity in income of nonconsolidated investments

-

-

-

-

-

-

-

837

707

-213

0

Loss on sales and disposals of property, plant, and equipment

-1,192

-1,297

-18

-202

2,064

-21

-127

-388

-145

-10

-32

Deferred gain amortization on sale-leaseback

-

-

-

-

-

-

-

456

1,081

-

-

Gain on marketable securities

-

-

-

-

-

-

-

-

-

1,364

1,194

Deferred gain amortization on sale-leaseback

-

-

-

-

-

-

-

-

-

215

-215

Stock-based compensation

3,155

3,836

1,696

1,346

1,471

3,007

2,156

1,989

1,958

1,944

653

Pension settlement

2,210

0

-

-

-

-

-

-

-

-

-

Unrealized loss on derivative mark-to-market

-

-

-

-

-

-

-

-

-

-11

22

Income tax deficiency (benefit) from stock-based compensation

-

-

-

-332

253

336

203

199

425

961

128

Change in operating assets and liabilities:
Accounts receivable

-7,928

11,438

9,217

-11,959

-31,223

-15,311

36,782

-6,823

-1,616

-9,963

-3,135

Inventories

-6,688

23,403

14,657

-10,479

-4,331

9,872

-29,919

17,644

1,932

-29,954

-3,934

Other current assets

-1,496

-140

-350

-1,380

-3,248

1,004

310

243

-923

8

60

Prepaid income tax

1,703

249

-13,978

13,035

-1,134

-2,530

6,882

-

-

-

-

Prepaid income tax

-

-

-

-

-

-

-

-4,339

2,141

-478

120

Other noncurrent assets

402

-1,319

-959

-59

909

386

-264

194

136

88

40

Dividends from L B Pipe & Coupling Products, LLC

-

-

-

0

90

630

558

0

-

-

-

Accounts payable

-12,690

24,210

14,600

-16,005

-17,204

16,285

-5,206

1,241

6,128

-

-

Deferred revenue

1,782

-3,491

-

-

-

-

-

-

-

-

-

Accounts payable - trade

-

-

-

-

-

-

-

-

-

-13,868

-773

Deferred revenue

-

-

2,440

984

-2,279

591

-1,805

1,467

-9,609

667

0

Accrued payroll and employee benefits

1,018

1,233

4,260

-2,676

-5,136

2,542

-608

75

-454

-1,201

-1,894

Accrued settlement

10,000

0

-

-

-

-

-

-

-

-

-

Other current liabilities

-933

4,046

-588

1,432

-4,189

2,732

-7,561

6,655

-2,161

897

-1,379

Other liabilities

-1,116

-770

1,559

-433

-1,108

651

-732

381

1,925

-841

-205

Net cash used in operating activities

29,297

25,964

39,372

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

18,405

56,172

66,739

14,155

26,959

31,607

56,138

25,740

Net cash provided by discontinued operations

-

-

-

-

-

-

-

176

-825

3,344

-

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from the sale of property, plant, and equipment

1,151

2,389

1,462

969

5,339

184

0

24

41

10,179

1

Capital expenditures on property, plant, and equipment

8,831

5,251

6,149

7,664

14,913

17,056

9,674

7,160

11,733

5,920

6,107

Proceeds from sale of equity method investment

0

3,875

0

-

-

-

-

-

-

-

-

Repayment of revolving line of credit from equity method investment

0

1,235

0

-

-

-

-

-

-

-

-

Acquisitions, net of cash acquired

-

-

-

0

196,001

80,797

37,500

0

8,952

90,807

0

Loans and capital contributions to equity method investment

-

-

-

1,235

0

82

0

0

800

800

1,400

Net cash used by investing activities

-

-

-

-7,930

-205,575

-97,751

-47,174

-

-

-

-

Proceeds from the sale of marketable securities

-

-

-

-

-

-

-

-

-

-

2,115

Net cash used in investing activities

-7,680

2,248

-4,687

-

-

-

-

-7,136

-21,444

-87,348

-5,391

Net cash provided (used) by discontinued operations

-

-

-

-

-

-

-

10,548

-206

-240

-

CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of debt

210,323

195,254

182,718

155,427

161,068

125

6

2,373

-

-

-

Proceeds from debt

193,534

140,270

153,118

146,243

301,063

24,516

0

0

-

-

-

Debt issuance costs

836

0

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options and stock awards

-

-

-

0

68

-

-

-

-

-

-

Proceeds from exercise of stock options and stock awards

-

-

-

-

-

131

35

-

-

-

-

Repayments of other long-term debt

-

-

-

-

-

-

-

-

-2,366

-9,738

-6,051

Repayments of term loan

-

-

-

-

-

-

-

-

-

13,095

2,857

Proceeds from exercise of stock options and stock awards

-

-

-

-

-

-

-

122

207

451

65

Financing fees

-

-

-

1,417

1,670

473

0

0

-

-

-

Treasury stock acquisitions

621

316

103

342

2,701

985

708

-

6,592

17

1,863

Treasury stock acquisitions

-

-

-

-

-

-

-

669

-

-

-

Cash dividends on common stock paid to shareholders

-

-

-

1,244

1,656

1,345

1,240

1,029

1,022

-

0

Income tax (deficiency) benefit from stock-based compensation

-

-

-

-332

253

336

203

199

425

961

128

Net cash (used) provided by financing activities

-

-

-

-12,519

134,289

22,055

-1,716

-

-

-

-

Net cash provided by financing activities

-18,246

-55,300

-29,703

-

-

-

-

-3,750

-9,348

-21,438

-10,578

Effect of exchange rate changes on cash and cash equivalents

525

-308

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

3,896

-27,396

-

-

-

-

-

-

-

-

-

Net Cash Used by Discontinued Financing Activities

-

-

-

-

-

-

-

-

-

-550

-

Effect of exchange rate changes on cash and cash equivalents

-

-

2,333

-905

-3,598

-3,642

-2,106

940

-857

49

0

Net (decrease) increase in cash and cash equivalents

-

-

7,315

-2,949

-18,712

-12,599

-36,841

27,737

-1,073

-50,045

9,771

Supplemental disclosure of cash flow information:
Interest paid

4,587

5,577

7,589

-

-

-

-

-

-

-

-

Interest paid

-

-

-

4,855

3,674

362

330

405

505

806

1,122

Income taxes paid (received)

-

-

-11,189

3,942

7,835

-

-

-

-

-

-

Income taxes paid

6,513

4,512

-

-

-

14,617

18,697

11,999

9,395

10,805

13,381

Accrued Portec Purchase Price Funded In January 2011

-

-

-

-

-

-

-

-

-

8,952

-

Portec Available-for-Sale Securiteis Redeemed as part of Acquisition

-

-

-

-

-

-

-

-

-

2,158

0

Capital expenditures funded through financing agreements

-

-

-

0

288

1,981

0

0

-

199

0