Geospace technologies corp (GEOS)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Cash flows from operating activities:
Net loss

-146

-19,212

-

-

-

-

-

-

-

-

-

Net loss

-

-

-56,791

-45,970

-32,641

36,911

69,557

35,118

29,711

14,082

1,760

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Deferred income tax benefit

16

-18

-25

4,209

-943

818

-523

808

-718

-1,416

451

Rental equipment depreciation

13,713

10,178

12,530

14,523

13,948

12,182

-

-

-

-

-

Property, plant and equipment depreciation

3,965

4,040

5,236

5,391

5,599

5,592

-

-

-

4,921

4,943

Amortization of intangible assets

1,661

194

-

-

-

-

-

-

-

263

246

Impairment of long-lived assets

-

573

5,331

1,814

-

-

-

-

-

-

-

Amortization of premiums on short-term investments

9

-27

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

12,229

9,587

7,047

-

-

Goodwill impairment

-

-

-

-

1,843

-

-

-

-

-

-

Accretion of discounts on short-term investments

-

-

60

110

225

49

162

208

-

-

-

Stock-based compensation expense

2,329

2,318

5,732

5,220

4,539

4,119

544

762

736

445

283

Bad debt expense (recovery)

436

1,009

-380

763

2,147

833

457

118

128

-479

318

Inventory obsolescence expense

4,614

4,353

21,472

11,212

3,887

2,617

187

1,793

4,608

2,872

1,272

Change in estimated fair value of contingent consideration

2,115

-

-

-

-

-

-

-

-

-

-

Gross profit from sale of used rental equipment

652

6,809

9,054

404

3,208

9,031

13,627

9,992

11,165

385

277

Gain on disposal of property

7,047

-

-

-

-

-

-

-

-

-

-

Loss on early extinguishment of debt

-

-

-

-

-

-

-

-

-

137

-

Gain on disposal of property, plant and equipment

100

27

-

-8

-26

64

-301

34

-

-184

-12

Realized loss on short-term investments

-66

-11

-3

-5

-7

0

19

-1

-27

-

-

Excess tax expense from stock-based compensation

-

-

-

1,411

1,083

-

-

-

-

-

-

Effects of changes in operating assets and liabilities:
Trade accounts and other receivables

9,159

5,090

-

-

-

-

-

-

-

-

-

Trade accounts and financing receivables

-

-

-7,743

3,428

-7,088

-25,605

33,717

-3,781

-2,006

2,678

-14,257

Income tax receivable

-

-270

-13,041

-4,078

14,799

2,639

137

-

-

-

-

Inventories

1,865

7,824

-2,962

-5,193

-9,661

10,452

73,357

15,630

29,528

-6,673

-3,238

Costs and estimated earnings in excess of billings

-

-

-

-

-

-12,400

12,400

-

-

-

-

Prepaid expenses and other current assets

-325

-93

-680

523

-997

-998

321

293

2,539

855

-223

Prepaid income taxes

-18

-55

-2,171

-1,475

-1,753

-353

722

4,500

-1,023

1,110

-

Accounts payable trade

-44

1,333

477

-1,942

-834

-11,756

-442

12,151

1,227

-879

-3,382

Accrued expenses and other

660

1,011

-1,269

-2,149

-6,004

-3,435

3,324

576

787

4,157

-4,348

Deferred revenue

-1,016

3,063

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

295

11

-3,567

2,685

-7,541

7,897

-558

948

-550

Income tax payable

-21

51

-123

120

-10

-135

-1,116

873

-1,656

1,898

-1,382

Net cash provided by (used in) operating activities

5,629

-10,401

10,091

-1,695

-11,369

67,650

-57,161

43,224

1,136

28,778

17,064

Cash flows from investing activities:
Purchase of property, plant and equipment

1,936

1,721

1,177

1,867

2,189

6,792

19,384

4,013

4,730

2,224

390

Proceeds from the sale of property

8,265

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of equipment

142

202

-

-

-

-

-

-

-

-

-

Proceeds from the sale of property, plant and equipment

-

-

-

-

-

27

-

17

1

11

23

Investment in rental equipment

34,070

6,513

-

-

-

-

-

-

-

-

-

Investment in rental equipment

-

-

455

502

3,973

26,719

22,275

31,716

15,414

3,893

1,319

Proceeds from the sale of used rental equipment

4,856

9,918

4,884

1,584

4,278

16,390

25,497

24,184

19,917

1,243

277

Purchases of short-term investments

-

17,922

19,242

25,791

6,306

21,610

1,587

16,823

4,926

-

-

Proceeds from the sale of short-term investments

25,606

28,463

10,532

16,368

7,902

2,000

21,139

2,030

-

-

-

Business acquisition, net of acquired cash

1,819

4,352

-

-

-

-

-

-

-

-

-

Payments for damages related to insurance claim

650

2,353

-

-

-

-

-

-

-

-

-

Proceeds from insurance claim

1,166

1,749

-

-

-

-

-

-

-

-

-

Increase in insurance claim receivable

-

306

-

-

-

-

-

-

-

-

-

Principal payments under mortgage loans

-

-

-

-

-

-

-

-

7,700

1,848

709

Change in book overdrafts

-

-

-

-

-

-

-

-

-

-

-35

Net payments under line of credit

-

-

-

-

-

-931

931

-

-

-

-9,978

Net cash provided by (used in) investing activities

1,560

7,777

-5,458

-10,208

-288

-36,704

3,390

-26,321

-5,152

-4,863

-1,409

Cash flows from financing activities:
Penalty for early extinguishment of debt

-

-

-

-

-

-

-

-

-

137

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

178

3,390

1,131

6,896

1,128

147

Proceeds from the exercise of stock options

215

63

50

-

-

424

1,419

1,358

2,758

2,187

841

Net cash provided by financing activities

215

63

50

-

-

-329

5,740

2,489

1,954

1,330

-9,734

Effect of exchange rate changes on cash

-413

-597

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

6,991

-3,158

-

-

-

-

-

-

-

-

-

SUPPLEMENTAL CASH FLOW INFORMATION:
Effect of exchange rate changes on cash

-

-

147

-149

614

14

5

-28

-3

-363

1,088

Increase (decrease) in cash and cash equivalents

-

-

4,830

-12,052

-11,043

30,631

-48,026

19,364

-2,065

24,882

7,009