Gencor industries inc (GENC)
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'10
Cash flows from operations:
Net income

-655

2,489

-21

2,444

7,460

313

3,903

2,681

3,764

2,346

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

3,415

1,394

1,724

2,114

1,630

1,575

-2,173

265

1,185

-1,096

-537

1,663

1,901

446

2,235

2,489

2,977

-976

-361

1,192

2,766

875

-4,422

1,091

2,450

1,105

Adjustments to reconcile net income to cash provided by operating activities:
Purchases of marketable securities

38,080

35,313

36,003

39,400

44,219

68,444

68,042

48,050

86,519

53,513

78,681

107,249

129,401

177,343

214,447

194,416

90,317

51,115

66,021

104,727

79,024

134,896

130,959

152,254

53,946

13,903

11,859

25,051

12,677

14,929

25,307

18,851

17,067

5,898

4,392

39,655

40,148

5,047

Proceeds from sale and maturity of marketable securities

37,522

34,659

35,369

38,911

47,769

65,998

52,650

47,537

86,098

53,177

78,361

107,152

129,143

177,196

214,183

194,208

90,017

50,619

65,808

104,573

78,825

134,567

130,763

152,077

53,022

12,983

11,306

24,498

12,131

16,133

20,844

18,180

16,644

6,695

7,171

37,654

37,938

4,768

Change in fair value of marketable securities

-5,515

1,256

-79

1,122

2,261

-2,059

766

-617

-757

118

434

-169

560

301

63

356

-587

482

-3,330

-79

193

-433

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

558

537

109

1,276

-632

674

-1,380

2,742

2,093

-5,384

1,034

-1,071

2,868

Deferred income taxes

1,206

1,657

-757

-131

-329

485

-1,344

115

241

726

-1,279

102

-62

-46

-851

-258

-239

-299

1,481

240

59

244

658

-293

-354

-220

2,184

-1,046

-1,483

835

-796

334

-1,374

-325

634

54

3,224

-860

Depreciation and amortization

413

418

412

405

397

386

370

362

348

300

266

257

295

310

347

330

358

362

377

340

343

325

343

353

342

334

351

303

292

286

277

284

253

261

248

235

216

191

Provision for doubtful accounts

25

0

75

50

25

25

-

-

-

-

50

15

0

50

50

25

25

5

-

-

-

-

-

-

-

-

25

0

0

40

0

126

150

90

0

90

10

90

Stock-based compensation

17

18

18

18

18

17

18

17

18

18

17

18

18

18

12

9

11

5

63

63

64

63

64

63

77

59

59

60

61

63

51

46

46

46

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

729

59

196

-880

937

532

-476

-151

513

133

-149

-294

898

-266

-339

14

516

150

-350

-822

1,376

-718

319

-15

237

-233

83

-146

232

-110

-191

-12

439

-237

-608

431

112

-403

Costs and estimated earnings in excess of billings

4,591

455

6,684

-6,509

-694

-1,419

-3,564

2,592

-5,201

1,041

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings

-

-

-

-

-

-

-

-

-

-

-1,871

-3,217

5,011

-1,770

4,816

-7,348

1,655

-1,648

-1,870

1,818

14

-2,014

67

5,062

-3,147

-2,326

2,665

904

-1,475

1,354

768

-3,837

1,697

2,374

-228

-1,503

-240

-1,899

Inventories

1,372

325

1,695

-144

-90

2,015

2,145

1,168

-1,849

238

1,366

723

2,061

903

77

-2,288

-1,226

2,301

-382

-199

47

-434

1,058

-132

-1,284

-95

2,232

-1,621

-1,591

3,188

-65

-2,674

-867

2,646

-304

-3,671

-1,169

681

Prepaid expenses and other current assets

-

-

-

-

-

-

-

172

-467

-410

-

418

-247

-62

-

-43

-388

125

-

-503

-623

670

-

226

-419

23

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

690

955

-

-

-656

-322

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

203

-

-

-

-131

12

-41

-507

-37

Accounts payable

1,666

807

-687

439

-1,438

1,755

-1,255

-611

389

1,995

-926

-895

1,250

448

250

-1,227

552

339

243

-648

1,157

-170

-98

-479

478

-237

-412

-570

759

-375

-1,490

602

516

275

-459

-945

1,297

712

Customer deposits

-208

3,003

-544

-1,558

623

-1,166

818

-1,442

-2,126

-1,315

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

-

-

-

-

1,404

-55

-238

3,033

876

-3,166

639

1,717

2,907

-3,148

3,137

1,198

-6

-1,611

814

-816

374

-1,624

-314

3,027

-2,038

-5,618

5,016

2,364

-1,999

-3,165

3,023

1,419

Accrued expenses

-1,702

1,763

-2

375

98

104

-455

113

-388

373

-933

745

271

79

-576

997

256

135

63

-70

-17

-212

-538

357

-129

-811

-38

-623

143

-183

-1,033

1,544

602

-438

-1,827

528

908

-90

Total adjustments

5,762

1,558

4,161

-7,255

456

-3,395

-20,814

-86

-5,062

1,271

-2,631

-4,009

3,139

1,191

5,539

-8,359

5,110

-2,340

3,752

-410

3,457

-468

-1,923

1,741

-905

-4,750

-1,078

74

-259

1,932

-6,940

-3,891

7,153

1,723

-

-

-

-

Cash flows provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

6,554

2,585

7,263

-6,245

6,740

-765

1,579

-145

4,642

-1,564

-2,460

3,404

996

-4,304

-

-

-

-

-

-

-

-

-

-

-

-

Total adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,568

-2,415

2,105

Cash flows provided by operating activities

5,107

4,047

4,140

-4,811

7,916

-3,082

-16,911

2,595

-1,298

3,617

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

956

-7,301

-2,699

9,919

2,598

-211

-3,477

4,865

-1,000

Cash flows used in investing activities:
Capital expenditures

712

6

504

340

599

661

233

608

755

1,954

770

434

168

252

148

73

56

29

-

-

-

-

95

4

346

251

91

470

612

25

98

43

709

21

497

118

716

135

Cash flows provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

88

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows used in investing activities

-712

-6

-504

-340

-599

-661

-233

-608

-755

-1,954

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-25

-98

-43

-709

-21

-497

-118

-716

-135

Cash flows used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-168

-252

-148

-73

-56

-29

-

-

-

-

-95

681

-346

-251

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock option exercises

-

-

-

-

-

-

245

41

73

267

87

38

88

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows provided by financing activities

-

-

-

-

-

-

245

41

73

267

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash

4,395

4,041

3,867

-5,151

7,317

-3,743

-16,899

2,028

-1,980

1,930

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash

-

-

-

-

-

-

-

-

-

-

-

-

6,474

2,343

7,331

-6,255

6,785

-794

1,584

-442

4,381

-1,564

-2,544

4,085

650

-4,555

1,066

2,093

2,106

931

-7,399

-2,742

9,210

2,577

-708

-3,595

4,149

-1,135