Geospace technologies corp (GEOS)
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'11Dec'10
Cash flows from operating activities:
Net loss

-8,093

4,418

-146

-9,025

-10,149

-15,585

-19,212

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-56,791

-49,893

-47,171

-46,633

-45,970

-47,111

-44,021

-38,238

-32,641

-21,024

-8,708

7,290

36,911

52,428

65,667

71,720

69,557

60,140

53,884

48,446

35,118

34,440

32,912

30,183

29,711

0

0

0

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

-4

52

16

-3

8

-24

-18

-37

-51

-114

-25

-27

1,409

-683

4,209

6,726

4,181

4,685

-943

-1,910

-844

-132

818

-1,170

-2,283

-733

-523

656

1,887

927

808

1,071

575

-101

-718

0

0

0

Rental equipment depreciation

16,861

15,445

13,713

12,406

11,780

10,642

10,178

10,147

10,144

11,469

12,530

13,192

13,777

14,401

14,523

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment depreciation

4,019

3,976

3,965

3,947

3,938

3,864

4,040

4,411

4,745

5,018

5,236

5,304

5,303

5,324

5,391

-5,161

-1,813

3,046

5,599

0

0

0

-

-

-

-

-

-

0

0

-

-

0

0

-

0

0

0

Amortization of intangible assets

1,732

1,732

1,661

1,422

989

556

194

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

0

0

0

Amortization of premiums on short-term investments

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of discounts on short-term investments

-

-

-

-

-

-

-

46

54

57

60

66

70

82

110

140

181

212

225

0

0

0

-

-

-

-

162

251

295

259

208

0

0

0

-

-

-

-

Stock-based compensation expense

2,258

2,317

2,329

2,266

2,168

2,094

2,318

3,276

4,232

5,183

5,732

5,575

5,404

5,410

5,220

5,039

4,872

4,504

4,539

4,527

4,511

4,529

4,119

3,136

2,132

1,104

544

641

733

825

762

740

738

737

736

0

0

0

Bad debt expense (recovery)

8,617

566

436

-1,473

623

556

1,009

3,103

394

452

-380

287

-278

-608

763

1,091

1,752

2,339

2,147

1,305

1,207

1,183

833

561

494

535

457

347

121

-49

118

308

699

634

128

0

0

0

Inventory obsolescence expense

4,179

4,622

4,614

3,365

3,457

4,347

4,353

13,362

16,372

18,759

21,472

16,292

14,791

13,065

11,212

8,352

7,043

5,404

3,887

3,007

2,562

2,490

2,617

2,440

2,090

1,641

187

321

482

1,375

1,793

2,243

3,360

2,952

4,608

0

0

0

Gross profit from sale of used rental equipment

0

0

-

-

-

-

6,809

11,370

11,710

10,419

9,054

2,825

1,995

1,601

404

1,779

1,799

3,217

3,208

380

4,914

3,695

9,031

11,756

10,031

12,439

13,627

13,998

11,753

14,346

9,992

10,074

17,753

12,836

11,165

0

0

0

Gain on disposal of property, plant and equipment

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

-227

-229

-251

-301

0

0

0

-

-

-

-

-

0

0

0

Realized loss on short-term investments

-

-

-66

0

0

0

-

-

-

-

-3

-3

-4

-5

-5

0

0

0

-

-

-

-

-

-

-

-

19

19

6

1

-1

0

0

0

-

-

-

-

Excess tax expense from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,411

1,408

1,408

1,345

1,083

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts and financing receivables

-

-

-

-

-

-

-

5,060

-4,556

-7,993

-7,743

-5,371

7,783

7,824

3,428

154

-8,128

-3,697

-7,088

-7,838

-28,827

-37,947

-25,605

-10,753

12,192

29,979

33,717

12,735

3,972

-10

-3,781

2,163

-3,785

-6,186

-2,006

0

0

0

Income tax receivable

-

0

-

-

-

-

-270

0

0

0

-

-

-

-

-4,078

1,112

-1,406

19,156

14,799

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-3,590

-1,311

1,865

6,158

6,906

11,261

7,824

3,948

2,827

-1,604

-2,962

-3,335

-4,157

-1,608

-5,193

-7,453

-8,570

-15,692

-9,661

-1,560

3,162

28,122

10,452

21,691

45,916

45,936

73,357

72,773

49,126

37,068

15,630

1,704

13,432

17,253

29,528

0

0

0

Costs and estimated earnings in excess of billings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,400

-28,387

-11,309

-3,191

12,400

0

0

0

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-

-848

-

-

-

1,050

-93

965

-820

-390

-680

-4,371

-2,124

-155

523

6,270

6,256

575

-997

-3,752

-5,337

-6,010

-998

2,247

-4,695

655

321

1,829

8,230

7,896

293

396

46

-1,581

2,539

0

0

0

Prepaid income taxes

-

-29

-

-

-

-2

-55

-1,056

-1,442

-1,819

-2,171

-1,534

-1,541

-1,470

-1,475

-1,517

-1,565

-1,699

-1,753

-1,795

-2,203

-2,836

-353

-385

-362

1,522

722

3,551

3,804

1,915

4,500

0

0

0

-

-

-

-

Accounts payable trade

-2,191

-2,000

-44

497

2,031

4,850

1,333

1,991

2,809

1,548

477

-175

613

-315

-1,942

-851

-1,337

-3,603

-834

-1,547

-11,324

-9,876

-11,756

-15,862

-4,673

-1,682

-442

14,968

7,114

9,797

12,151

-5,378

-2,579

-2,727

1,227

0

0

0

Accrued expenses and other

-

-1,631

-

-

-

2,752

1,011

1,269

1,071

-745

-1,269

-2,120

134

-1,505

-2,149

61

965

-139

-6,004

-11,307

-13,592

-8,055

-3,435

-201

4,328

1,026

3,324

1,274

-1,808

1,388

576

-1,620

1,977

2,210

787

0

0

0

Deferred revenue and customer deposits

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

3,063

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

295

204

110

881

11

-229

-480

-3,503

-3,567

-3,714

-6,184

-1,974

2,685

3,360

6,592

-5,157

-7,541

-4,700

-5,238

9,668

7,897

4,952

3,988

-1,978

-558

0

0

0

Income tax payable

-

-62

-

-

-

0

-

-

-

-

-123

-106

-70

70

120

118

-192

-248

-10

-3,187

-3,997

-12,199

-135

735

3,588

2,751

-1,116

-406

-2,394

6,143

873

-2,133

-627

-162

-1,656

0

0

0

Net cash provided by (used in) operating activities

14,259

999

5,629

7,805

-930

-3,337

-10,401

-13,989

-10,564

6,199

10,091

11,406

2,178

-1,235

-1,695

-5,709

3,591

-11,269

-11,369

-10,178

1,294

12,456

67,650

65,315

41,197

-2,315

-57,161

-48,197

-22,550

21,033

43,224

29,340

18,924

14,094

1,136

0

0

0

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

3,759

2,889

1,936

2,142

2,188

2,220

1,721

1,594

1,329

1,289

1,177

1,249

1,388

1,294

1,867

1,349

1,593

1,721

2,189

3,188

3,831

6,557

6,792

8,000

15,519

14,272

19,384

17,998

10,585

9,715

4,013

4,254

3,495

4,678

4,730

0

0

0

Proceeds from the sale of property, plant and equipment

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

0

0

Investment in rental equipment

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in rental equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

502

693

2,642

4,079

3,973

4,777

10,209

9,031

26,719

28,422

22,911

28,573

22,275

26,702

27,198

26,698

31,716

26,743

29,037

30,908

15,414

0

0

0

Proceeds from the sale of used rental equipment

5,310

5,274

4,856

8,973

7,660

9,649

9,918

4,793

6,349

3,966

4,884

4,728

3,826

3,464

1,584

1,011

905

4,069

4,278

4,918

11,409

8,542

16,390

17,718

16,974

21,181

25,497

30,422

28,807

33,015

24,184

20,786

31,501

22,896

19,917

0

0

0

Purchases of short-term investments

-

-

-

-

-

-

17,922

0

0

0

-

-

-

-

25,791

22,825

10,033

9,658

6,306

0

0

0

-

-

-

-

1,587

3,074

17,385

16,850

16,823

0

0

0

-

-

-

0

Proceeds from the sale of short-term investments

-

-

25,606

33,906

39,998

38,646

28,463

23,704

20,039

13,756

10,532

11,680

11,429

15,672

16,368

15,166

14,940

9,557

7,902

0

0

0

-

-

-

-

21,139

21,589

11,752

2,305

2,030

0

0

0

-

-

-

-

Business acquisition

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for damages related to insurance claim

-

-

650

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from insurance claim

-

-

1,166

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments under mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,700

0

0

0

Net payments under line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-8,034

-8,145

1,560

-4,353

96

7,074

7,777

9,853

5,555

-5,169

-5,458

-6,171

-11,747

-3,414

-10,208

-8,690

1,577

-1,832

-288

-16,656

-22,374

-26,464

-36,704

-24,544

-10,989

-2,310

3,390

4,240

-14,592

-17,926

-26,321

-26,939

-6,032

-17,666

-5,152

0

0

0

Cash flows from financing activities:
Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

178

1,116

1,103

2,959

3,390

3,586

3,654

2,226

1,131

5,355

5,633

6,747

6,896

0

0

0

Proceeds from the exercise of stock options

-

-

215

0

0

0

-

-

-

-

50

0

0

0

-

-

-

-

-

-

-

-

424

767

714

1,170

1,419

1,639

1,670

1,740

1,358

1,707

1,930

2,745

2,758

0

0

0

Net cash provided by financing activities

-

-

215

0

0

0

-

-

-

-

50

0

0

0

-

-

-

-

-

-

-

-

-329

1,883

1,817

4,129

5,740

5,225

5,324

3,966

2,489

7,062

7,563

9,492

1,954

0

0

0

Effect of exchange rate changes on cash

-81

176

-413

-663

-839

-827

-597

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

6,144

-6,970

6,991

3,048

-1,414

3,188

-3,158

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory transferred to rental equipment

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

-

-

147

266

388

-32

-149

319

-243

236

614

169

524

176

14

0

0

0

-

-

-

-

-

-

-

-41

-3

0

0

0

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

4,830

5,551

-9,131

-4,631

-12,052

-14,080

4,925

-12,865

-11,043

-27,002

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30,631

42,651

32,032

-493

-48,026

-38,749

-31,842

7,044

19,364

9,463

20,122

5,879

-2,065

0

0

0