| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||
Net income | |||||||||
-308 | -9,844 | 5,023 | - | - | - | - | - | - | - |
Net (loss) income | |||||||||
- | - | - | 6,131 | 14,735 | 10,145 | 11,148 | 10,553 | 5,874 | 6,361 |
Adjustments to reconcile net income to net cash (used) provided by operating activities: | |||||||||
Depreciation | |||||||||
1,968 | 1,986 | 2,092 | 2,201 | 2,079 | 1,977 | 1,851 | 1,685 | 1,334 | 1,107 |
Amortization | |||||||||
237 | 236 | 234 | 234 | 229 | 222 | 228 | - | - | - |
Amortization | |||||||||
- | - | - | - | - | - | - | 339 | 314 | 12 |
Amortization of unrecognized prior service cost and actuarial losses | |||||||||
875 | 1,050 | 1,387 | 1,214 | 514 | 886 | 893 | 392 | 293 | 678 |
Goodwill and other impairments | |||||||||
6,449 | 14,816 | - | - | - | - | - | - | - | - |
Discount accretion on investments | |||||||||
- | - | - | - | - | 8 | 15 | 5 | 50 | 50 |
Equity-based compensation expense | |||||||||
1,069 | 577 | 627 | 697 | 653 | 639 | 576 | 611 | 478 | 436 |
(Gain) loss on disposal or sale of property, plant and equipment | |||||||||
-30 | -26 | -4 | -4 | -14 | -223 | -85 | -23 | - | - |
Loss on disposal or sale of property, plant and equipment | |||||||||
- | - | - | - | - | - | - | - | -23 | - |
Loss on disposal or sale of property, plant and equipment | |||||||||
- | - | - | - | - | - | - | - | - | -70 |
Deferred income taxes | |||||||||
-159 | -3,088 | -884 | -1,522 | 157 | -1,011 | -2,357 | 4,413 | -923 | -4,568 |
(Increase) decrease in operating assets: | |||||||||
Accounts receivable | |||||||||
1,227 | 5,472 | -1,127 | -4,440 | 6,910 | 1,001 | -2,264 | 2,844 | -155 | 299 |
Unbilled revenue | |||||||||
2,519 | -7,866 | 3,996 | - | - | - | - | - | - | - |
Unbilled revenue | |||||||||
- | - | - | -6,783 | 10,835 | -5,318 | 415 | -1,613 | 10,672 | -7,407 |
Inventories | |||||||||
2,068 | 2,311 | -1,561 | -3,175 | -2,525 | 5,161 | 5,311 | -2,191 | 1,723 | 1,433 |
Income taxes receivable/payable | |||||||||
396 | -1,794 | 1,977 | -1,309 | 158 | 2,137 | 1,845 | -6,252 | 1,703 | 4,122 |
Prepaid expenses and other current and non-current assets | |||||||||
576 | 176 | 111 | 162 | 152 | -185 | 300 | 105 | -63 | 24 |
Prepaid pension asset | |||||||||
1,181 | 1,009 | 823 | 1,222 | 1,108 | 793 | 767 | 833 | 776 | 245 |
Increase (decrease) in operating liabilities: | |||||||||
Prepaid pension asset | |||||||||
1,181 | 1,009 | 823 | 1,222 | - | - | - | - | - | - |
Accounts payable | |||||||||
-2,572 | 5,757 | 78 | -2,836 | 3,115 | 595 | 2,957 | -3,689 | 2,679 | 990 |
Accrued compensation, accrued expenses and other current and non-current liabilities | |||||||||
1,118 | -954 | 28 | -3,178 | 4,981 | 28 | 59 | 172 | 461 | -401 |
Customer deposits | |||||||||
6,328 | 792 | 4,010 | - | - | - | - | - | - | - |
Customer deposits | |||||||||
- | - | - | 4,227 | -3,834 | 1,009 | -255 | -5,626 | -9,498 | 16,130 |
Long-term portion of accrued compensation, accrued pension liability and accrued postretirement benefits | |||||||||
57 | 53 | 55 | -126 | -42 | -160 | -54 | -33 | -104 | -23 |
Net cash provided by operating activities | |||||||||
- | - | - | 18,751 | 6,279 | 15,230 | 12,432 | 2,605 | - | - |
Net cash (used) provided by operating activities | |||||||||
7,917 | 8,511 | 12,389 | - | - | - | - | - | -10,369 | 30,270 |
Investing activities: | |||||||||
Purchase of property, plant and equipment | |||||||||
2,138 | 2,051 | 325 | 1,153 | 5,300 | 5,263 | 1,655 | 3,243 | 1,979 | 1,003 |
Proceeds from disposal of property, plant and equipment | |||||||||
- | 6 | 1 | 3 | 1 | 32 | 37 | 5 | 14 | 9 |
Purchase of investments | |||||||||
115,342 | 54,023 | 55,000 | 44,000 | 50,000 | 109,494 | 83,984 | 32,896 | 155,717 | 182,481 |
Redemption of investments at maturity | |||||||||
88,633 | 52,000 | 62,000 | 36,000 | 46,000 | 108,000 | 73,000 | 39,920 | 202,310 | 153,530 |
Acquisition of Energy Steel & Supply Co. (See Note 2) | |||||||||
- | - | - | - | - | - | - | -384 | 17,899 | - |
Net cash (used) provided by investing activities | |||||||||
- | - | - | -9,150 | -9,299 | -6,725 | -12,602 | 4,170 | - | - |
Net cash provided (used) by investing activities | |||||||||
-28,847 | -4,068 | 6,676 | - | - | - | - | - | 26,729 | -29,945 |
Financing activities: | |||||||||
Principal repayments on capital lease obligations | |||||||||
97 | 107 | 58 | 59 | 80 | 88 | 85 | 81 | 68 | - |
Issuance of common stock | |||||||||
307 | 0 | 137 | 97 | 47 | 581 | 83 | 386 | - | - |
Proceeds from issuance of long-term debt | |||||||||
- | - | - | - | - | - | - | - | - | 822 |
Principal repayments on long-term debt | |||||||||
- | - | - | - | - | - | - | - | - | 861 |
Issuance of common stock | |||||||||
- | - | - | - | - | - | - | - | 236 | 63 |
Dividends paid | |||||||||
3,834 | 3,517 | 3,492 | 3,296 | 2,026 | 1,308 | 899 | 793 | 790 | 788 |
Purchase of treasury stock | |||||||||
146 | 119 | 29 | 9,441 | - | - | - | 221 | 874 | 229 |
Excess tax deduction on stock awards | |||||||||
- | - | - | - | - | 271 | 43 | 247 | 120 | 40 |
Excess tax (deficiency) benefit on stock awards | |||||||||
- | - | -19 | 6 | 200 | - | - | - | - | - |
Payment of contingent earn-out | |||||||||
- | - | - | - | - | - | - | 746 | - | - |
Net cash used by financing activities | |||||||||
- | - | - | -12,693 | -1,859 | -544 | -858 | -1,208 | - | - |
Other | |||||||||
- | - | - | - | - | - | - | - | - | 5 |
Net cash used by financing activities | |||||||||
-3,770 | -3,743 | -3,461 | - | - | - | - | - | -1,376 | -948 |
Effect of exchange rate changes on cash | |||||||||
-183 | 282 | -202 | - | - | - | - | - | - | - |
Net decrease in cash and cash equivalents, including cash classified within current assets held for sale | |||||||||
-24,883 | 982 | 15,402 | - | - | - | - | - | - | - |
Less: Net increase in cash classified within current assets held for sale | |||||||||
-552 | - | - | - | - | - | - | - | - | - |
Net decrease in cash and cash equivalents, including cash classified within current assets held for sale | |||||||||
-25,435 | 982 | 15,402 | - | - | - | - | - | - | - |
Effect of exchange rate changes on cash | |||||||||
- | - | - | -107 | 4 | -9 | 33 | 57 | 51 | 3 |
Net decrease in cash and cash equivalents | |||||||||
- | - | - | -3,199 | -4,875 | 7,952 | -995 | 5,624 | 15,035 | -620 |