Gaming partners international corp (GPIC)
CashFlow / TTM
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

3,717

4,411

5,153

2,697

3,626

3,925

4,166

6,195

5,183

7,887

7,112

4,894

6,931

5,683

6,777

5,764

2,676

1,087

-1,597

-498

1,166

2,298

3,471

5,337

6,075

4,894

4,114

3,211

3,669

0

0

0

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

4,485

4,716

4,809

4,514

4,359

4,382

3,876

3,580

3,319

2,425

2,400

2,374

2,388

2,686

2,804

2,712

2,597

2,447

2,270

2,304

2,290

2,251

2,216

2,175

2,160

2,152

2,156

2,155

2,102

0

0

0

Amortization of intangible assets

248

243

238

241

242

253

263

266

273

275

277

281

288

296

306

264

218

171

134

140

136

132

116

107

107

107

134

178

203

0

0

0

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Change in fair value of stock appreciation rights

261

207

240

269

296

105

99

92

86

81

82

83

77

75

71

78

115

146

180

203

208

207

206

193

188

190

195

199

205

0

0

0

Amortization of bond premium

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

24

24

19

14

0

0

0

(Recovery) provision for bad debt

-

-

0

-744

-

-

-539

63

-102

53

293

584

711

837

671

294

193

67

35

-30

-39

-103

-133

-122

-214

-34

91

107

174

0

0

0

Deferred income taxes

948

742

1,395

1,013

922

854

640

720

592

1,045

1,235

969

573

-1,288

-1,816

-1,441

-338

719

587

653

-662

-951

-648

-1,033

181

0

0

0

-

-

-

-

Tax benefit on exercise or forfeiture of stock options

-

-

-

-

-

-

-

-

-88

-107

-87

-43

-17

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale or disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

1,318

5

18

-67

-32

0

0

0

-

-

-

-

-54

-22

-20

-18

-13

0

0

0

(Gain) on sale of marketable securities

-

-

-

-

-

-

-

-

1

3

6

7

7

6

7

7

7

9

8

12

16

14

13

10

10

15

37

43

43

0

0

0

Equity loss in affiliate

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in operating assets and liabilities:
Accounts receivable

483

-2,069

836

-4,872

-4,175

-3,242

-4,783

985

293

2,254

4,281

735

1,097

913

1,844

1,605

2,352

1,648

-1,882

423

44

-496

1,682

-990

-383

2,105

-442

-2,218

-641

0

0

0

Inventories

-1,217

-732

-2,853

-127

2,227

1,680

5,556

5,460

4,909

5,291

4,301

3,230

1,613

235

74

-340

445

1,602

987

182

-124

621

-891

-492

-402

-1,066

-675

-320

192

0

0

0

Prepaid expenses and other current assets

1,376

-75

582

1,327

1,462

289

-519

-184

-96

512

1,048

529

805

1,134

2,006

-49

-358

-198

-1,018

2,344

1,726

194

100

-1,447

-387

-286

1,409

1,254

186

0

0

0

Non-current other assets

1,445

1,735

2,019

1,750

-290

-676

-660

-247

-234

-2

-35

-71

-124

-1,186

-1,197

-238

-215

727

780

-185

-181

-101

1,291

1,370

1,326

1,293

-156

-207

-122

0

0

0

Accounts payable

-1,309

492

-1,999

-1,910

1,058

-918

3,286

1,861

-1,047

287

-606

-664

1,273

-384

794

944

-109

1,075

-486

-692

-595

145

-29

17

342

-713

377

-171

-839

0

0

0

Accrued liabilities and non current other liabilities

-435

-1,037

-491

-1,282

-1,094

0

0

0

-

223

819

1,247

2,709

473

742

712

573

350

-387

-1,205

-2,329

-3,069

-2,268

-1,216

-750

690

-285

-1,060

-216

0

0

0

Customer deposits and deferred revenue

-

-

0

1,320

-

-

313

1,048

1,601

-2,643

-420

2,056

-116

4,298

4,161

-124

1,588

534

277

-258

-2,394

-1,151

-2,853

-1,129

-1,536

-164

-317

-278

702

0

0

0

Other current liabilities

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-844

-1,385

-34

0

0

0

0

Income taxes payable

-328

-464

-101

-249

162

-811

-491

426

-293

644

-308

-295

481

614

1,219

566

92

-2

-225

-418

-322

-100

43

503

564

159

143

-572

-296

0

0

0

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-92

5,807

10,586

12,186

12,980

8,767

5,406

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

7,392

9,958

9,119

8,912

10,140

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,475

7,017

3,857

4,685

5,117

5,716

0

0

0

Cash Flows from Investing Activities
Initial deposit on business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

3,795

57

46

47

29

0

0

0

-

-

-

-

25

48

53

36

51

0

0

0

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

8,209

13,009

8,847

12,031

10,476

6,743

12,128

9,451

4,247

10,383

13,149

18,352

23,728

27,640

26,701

29,462

28,803

0

0

0

Proceeds from sale of marketable securities

-

-

-

-

-

-

-

-

3,556

6,387

6,041

5,307

7,935

8,668

7,305

11,513

12,073

11,534

13,034

11,869

12,348

16,089

21,190

23,386

25,325

31,916

28,965

35,792

32,026

0

0

0

Purchase of licensing rights

0

0

0

0

100

100

100

100

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

2,505

2,418

3,169

4,383

4,374

6,176

7,105

11,192

11,875

10,886

10,042

4,941

4,264

3,905

2,557

2,129

2,008

632

816

1,117

1,772

2,022

1,861

1,829

1,406

1,709

1,711

1,579

1,669

0

0

0

Net cash used in investing activities

-2,334

-2,202

-3,178

-4,834

-4,925

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,229

216

2,615

606

4,069

887

0

0

0

Cash Flows from Financing Activities
Repayment of debt obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

-37

-12

7,006

6,977

0

0

0

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,012

1,406

1,328

1,377

983

661

611

399

71

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-2,194

2,693

-743

-8,455

-13,094

-21,641

-20,423

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt

6,666

3,254

3,362

1,353

1,349

1,345

1,341

1,337

1,330

1,325

1,317

985

655

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

949

204

139

39

35

0

0

0

-

-

-

-

87

87

87

87

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for exercise of stock appreciation rights

170

212

212

196

42

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-1,317

-985

-568

-238

87

10,087

10,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-6,860

-4,214

-4,387

-2,462

-2,308

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,855

-2,493

-2,120

-2,095

-8,901

-8,544

0

0

0

Effect of exchange rate changes on cash

-162

-104

225

698

553

222

-18

-249

-131

10

4

122

-456

-409

-865

-909

-506

-376

115

188

-80

-1

-173

-327

16

-343

-289

-153

-177

0

0

0

Net increase in cash and cash equivalents

-1,964

3,438

1,779

2,314

3,460

1,680

2,152

-3,605

-7,184

-2,324

-3,599

7,637

8,819

3,084

-892

-3,696

-5,523

-3,132

1,043

-3,139

454

347

1,786

6,522

4,756

4,009

2,907

132

-2,118

0

0

0

Supplemental disclosures of cash flow information:
Cash paid for interest

176

231

252

252

249

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

247

248

248

0

0

0

-

-

-

0

-

-

-

-

3

4

3

24

48

0

0

0

Cash paid, net of refunds received, for income taxes

831

723

602

1,230

1,229

1,794

1,725

1,695

2,126

2,067

2,167

1,841

1,409

-979

-1,413

-767

-759

1,193

1,548

1,737

2,097

2,563

2,761

1,949

1,965

1,546

1,609

2,377

2,322

0

0

0

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

63

124

-682

-1,658

62

-166

335

3,554

1,849

2,372

2,594

229

240

-117

-45

47

0

0

0

0

-

-

-

-

-

0

0

0

-

0

0

0