Gaming partners international corp (GPIC)
CashFlow / Quarterly
Dec'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'11
Cash Flows from Operating Activities
Net income

-256

1,466

2,504

3

438

2,208

48

932

737

2,449

2,077

-80

3,441

1,674

-141

1,957

2,193

2,768

-1,154

-1,131

604

84

-55

533

1,736

1,257

1,811

1,271

555

477

908

1,729

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment

1,078

1,071

1,254

1,082

1,309

1,164

959

927

1,332

658

663

666

438

633

637

680

736

751

545

565

586

574

579

551

547

539

538

536

539

543

537

483

Amortization of intangible assets

62

62

62

62

57

57

65

63

68

67

68

70

70

69

72

77

78

79

30

31

31

42

36

27

27

26

27

27

27

53

71

52

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

332

-73

76

Change in fair value of stock appreciation rights

261

0

0

0

207

33

29

27

16

27

22

21

11

28

23

15

9

24

30

52

40

58

53

57

39

57

40

52

41

62

44

58

Amortization of bond premium

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5

5

14

0

0

0

(Recovery) provision for bad debt

-

-

-1

-69

-

-

-499

177

-188

-29

103

12

-33

211

394

139

93

45

17

38

-33

13

-48

29

-97

-17

-37

-63

83

108

-21

4

Deferred income taxes

968

-96

133

-57

762

557

-249

-148

694

343

-169

-276

1,147

533

-435

-672

-714

5

-60

431

343

-127

6

-884

54

176

-379

330

-

-

-

-

Tax benefit on exercise or forfeiture of stock options

-

-

-

-

-

-

-

-

-1

-20

-44

-23

-20

0

0

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale or disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

1,306

-14

61

-35

-7

-1

-24

0

-

-

-

-

-52

-1

-2

1

-20

1

0

6

(Gain) on sale of marketable securities

-

-

-

-

-

-

-

-

0

0

0

1

2

3

1

1

1

4

1

1

3

3

5

5

1

2

2

5

6

24

8

5

Equity loss in affiliate

-

-

-14

-14

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in operating assets and liabilities:
Accounts receivable

-353

-126

2,401

-1,439

-2,905

2,779

-3,307

-742

-1,972

1,238

2,461

-1,434

-11

3,265

-1,085

-1,072

-195

4,196

-1,324

-325

-899

666

981

-704

-1,439

2,844

-1,691

-97

1,049

297

-3,467

1,480

Inventories

-450

287

-88

-966

35

-1,834

2,638

1,388

-512

2,042

2,542

837

-130

1,052

1,471

-780

-1,508

891

1,057

5

-351

276

252

-301

394

-1,236

651

-211

-270

-845

1,006

301

Prepaid expenses and other current assets

2,197

-408

-409

-4

746

249

336

131

-427

-559

671

219

181

-23

152

495

510

849

-1,903

186

670

29

1,459

-432

-862

-65

-88

628

-761

1,630

-243

-440

Non-current other assets

-122

-295

-155

2,017

168

-11

-424

-23

-218

5

-11

-10

14

-28

-47

-63

-1,048

-39

912

-40

-106

14

-53

-36

-26

1,406

26

-80

-59

-43

-25

5

Accounts payable

-908

-727

1,513

-1,187

893

-3,218

1,602

1,781

-1,083

986

177

-1,127

251

93

119

810

-1,406

1,271

269

-243

-222

-290

63

-146

518

-464

109

179

-537

626

-439

-489

Accrued liabilities and non current other liabilities

777

349

-1,582

21

175

895

-2,373

209

-

-413

-360

-1,340

2,336

183

68

122

100

452

38

-17

-123

-285

-780

-1,141

-863

516

272

-675

577

-459

-503

169

Customer deposits and deferred revenue

-

-

-428

2,536

-

-

1,198

533

-130

-1,288

1,933

1,086

-4,374

935

4,409

-1,086

40

798

124

626

-1,014

541

-411

-1,510

229

-1,161

1,313

-1,917

1,601

-1,314

1,352

-937

Other current liabilities

-

-

-

77

-

-

-

-56

-

-

-

13

-

-

-

-87

-

-

-

0

-

-

-

-

-

541

-1,351

-34

0

0

0

0

Income taxes payable

138

-288

-172

-6

2

75

-320

405

-971

395

597

-314

-34

-557

610

462

99

48

-43

-12

5

-175

-236

84

227

-32

224

145

-178

-48

-491

421

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-609

-905

1,875

-453

5,290

3,874

3,475

341

1,077

513

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

1,792

1,261

1,471

2,868

4,358

422

1,264

4,096

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-932

5,245

-1,512

3,674

-390

2,085

-684

4,106

209

Cash Flows from Investing Activities
Initial deposit on business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,000

-

-

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

3,753

11

13

18

15

0

14

0

-

-

-

-

0

-4

28

1

23

1

11

16

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

1,073

884

-507

6,759

5,873

-3,278

2,677

5,204

2,140

2,107

0

0

8,276

4,873

5,203

5,376

12,188

3,934

7,964

4,717

Proceeds from sale of marketable securities

-

-

-

-

-

-

-

-

-28

1,681

23

1,880

2,803

1,335

-711

4,508

3,536

-28

3,497

5,068

2,997

1,472

2,332

5,547

6,738

6,573

4,528

7,486

13,329

3,622

11,355

3,720

Purchase of licensing rights

0

0

0

0

0

0

0

100

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

1,239

673

416

177

1,152

1,424

1,630

168

2,954

2,353

5,717

851

1,965

1,509

616

174

1,606

161

188

53

230

345

489

708

480

184

457

285

783

186

325

375

Net cash used in investing activities

-1,364

-377

-416

-177

-1,232

-1,353

-2,072

-268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,839

-2,018

1,512

-1,104

1,826

381

-497

2,359

-1,356

Cash Flows from Financing Activities
Repayment of debt obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

32

-69

25

7,018

3

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

128

163

722

393

50

212

328

71

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-5,694

1,029

3,518

-1,047

-807

-2,407

-4,194

-5,686

-9,354

-1,189

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt

3,751

229

2,345

341

339

337

336

337

335

333

332

330

330

325

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

745

65

135

4

0

0

35

0

-

-

-

-

0

0

0

87

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for exercise of stock appreciation rights

0

0

16

154

42

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-332

-330

-330

-325

0

87

0

0

10,000

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-3,979

-164

-2,226

-491

-1,333

-337

-301

-337

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-722

-1,871

-50

-212

-360

-1,498

-25

-7,018

-3

Effect of exchange rate changes on cash

28

-54

-335

199

86

275

138

54

-245

35

-93

172

-104

29

25

-406

-57

-427

-19

-3

73

64

54

-271

152

-108

-100

72

-207

-54

36

48

Net increase in cash and cash equivalents

-3,523

666

-1,506

2,399

1,879

-993

-971

3,545

99

-521

-6,728

-34

4,959

-1,796

4,508

1,148

-776

-5,772

1,704

-679

1,615

-1,597

-2,478

2,914

1,508

-158

2,258

1,148

761

-1,260

-517

-1,102

Supplemental disclosures of cash flow information:
Cash paid for interest

8

43

62

63

63

64

62

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

60

63

60

64

61

63

-

-

-

0

-

-

-

-

0

2

-5

6

1

1

16

30

Cash paid, net of refunds received, for income taxes

451

370

5

5

343

249

633

4

908

180

603

435

849

280

277

3

-1,539

-154

923

11

413

201

1,112

371

879

399

300

387

460

462

1,068

332

Supplemental disclosure of non-cash investing and financing activities:
Property, plant and equipment acquired through accounts payable, accrued and non-current other liabilities

-162

83

121

21

-101

-723

-855

1,741

-329

-222

2,364

36

194

0

-1

47

-163

72

91

0

-

-

-

-

-

-44

-56

131

-

-31

-63

94