Gorman rupp co (GRC)
CashFlow / Quarterly
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'11
Cash flows from operating activities:
Net income

5,486

8,338

9,775

10,480

7,222

9,488

10,701

10,173

9,617

7,940

5,702

7,848

5,065

5,054

6,927

6,620

6,282

5,312

5,893

6,629

7,275

7,888

9,439

8,860

9,954

7,172

7,946

9,168

5,818

3,688

6,706

7,568

10,241

5,105

7,655

8,925

7,119

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

3,182

3,186

3,468

3,529

3,566

3,600

3,674

3,610

3,600

3,647

3,973

3,679

3,754

3,925

3,827

3,905

3,872

3,926

3,824

3,780

3,752

3,864

3,703

3,586

3,462

3,405

3,378

3,377

3,428

3,139

3,042

2,937

2,948

2,943

2,887

2,824

2,805

Pension expense

2,225

706

706

752

659

608

641

2,781

879

672

1,000

2,302

2,394

694

911

913

913

1,500

2,880

2,364

913

563

708

741

696

1,250

1,273

2,357

2,284

3,935

1,009

1,042

960

3,636

810

852

772

Contributions to pension plan

-

-

-

-

-

-

-

-

-

-

-

-

-

8,000

2,000

4,000

2,000

4,000

0

0

0

0

1,300

0

1,200

0

600

1,800

1,800

3,000

1,200

1,800

1,200

3,000

1,200

1,800

1,200

Stock based compensation

-93

599

-48

419

55

593

475

369

237

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable, net

-1,951

1,515

-11,440

9,647

-1,940

-4,766

-1,292

9,912

-2,658

-903

-5,219

-5,256

5,905

-2,404

-787

-3,383

1,301

2,214

-3,524

5,200

860

232

-5,363

1,132

12,528

-5,117

-5,877

7,380

4,276

-2,772

-3,837

-732

6,631

1,578

-6,426

6,455

2,816

Inventories, net

2,906

1,839

-4,526

-6,872

-1,893

5,790

2,597

1,322

3,892

928

6,604

-1,904

-1,323

-5,610

-1,027

-1,742

-5,525

28

-11,094

-3,952

2,442

2,468

3,915

-2,382

-1,014

8,812

-3,542

-6,636

1,414

1,465

-5,128

7,809

4,437

1,190

7,031

8,014

5,509

Accounts payable

-786

407

1,388

-2,054

-342

-558

891

607

359

-990

-739

25

436

926

-302

-2,178

2,947

-1,928

-2,184

-2,464

2,453

-1,987

-356

2,570

-920

3,328

-2,481

1,456

682

2,581

-8,614

1,531

2,591

-641

-1,450

7,801

-2,073

Commissions payable

-605

435

-1,739

1,030

-1,866

-1,325

2,037

671

354

744

-951

-2,400

-1,242

40

598

1,238

1,424

-1,758

300

-1,064

1,024

2,328

411

525

103

-327

-340

-1,471

651

-

-

-

-

-

-

-

-

Deferred revenue and customer deposits

675

-1,529

-820

1,260

768

951

555

-1,634

869

-

-

-

147

-872

1,872

-1,276

-104

-451

25

-1,222

-777

150

-1,438

-1,137

-599

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-1,781

3,872

-1,598

-863

-714

3,861

-1,101

6,853

-3,014

-7,041

2,318

-298

-2,929

-632

2,644

660

-2,736

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other

-907

1,607

-554

1,222

-2,122

2,318

2,337

-997

-1,730

8,190

-2,288

-3,404

717

-18,024

6,883

4,804

-1,911

-461

-2,024

371

-322

-6,373

2,722

-218

169

-

-

-

-

-

-

-

-

-

-

-

-

Commissions payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,447

-2,024

-

-451

-262

552

Benefit obligations

1,571

1,445

-2,119

-2,103

2,828

6,418

-1,101

-6,322

1,443

11,220

-2,333

-3,026

2,018

-2,906

-1,706

1,010

-1,727

2,337

-1,677

-1,840

2,053

-2,156

2,496

2,831

1,514

1,245

10,950

-5,075

1,703

8,497

-1,312

-6,603

3,747

13,594

-3,331

-6,490

2,683

Net cash provided by operating activities

8,432

3,827

31,859

16,829

9,659

4,665

22,208

-185

14,522

9,853

9,425

16,387

7,600

1,225

18,618

13,481

20,110

-4,219

27,388

8,551

8,963

4,179

12,841

13,346

-1,363

12,670

16,628

17,418

3,670

11,968

8,713

5,757

6,195

2,827

10,977

1,953

5,375

Cash flows from investing activities:
Capital additions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,995

1,591

15,892

1,723

1,050

2,349

2,208

3,186

6,456

4,523

2,628

2,623

3,625

2,299

Change in short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-4

-

-

-

-

-

-

-

-

(Purchase of) Proceeds from short-term investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-59

-153

-386

-313

-86

-173

Cash used for investing activities, capital additions

-1,667

-2,862

-4,519

-1,342

-2,124

-3,580

-1,378

-477

-2,033

-2,889

1,823

-7,394

-1,950

-4,137

-1,782

-1,335

-1,212

-1,147

-5,963

-2,673

-1,397

-

-

-

-

-12,987

-1,726

-1,051

-2,345

-18,220

-7,404

-6,397

-4,370

-2,242

-2,310

-3,539

-2,126

Cash used for financing activities:
Cash dividends

3,780

3,789

3,528

3,527

3,526

3,526

3,264

3,264

3,263

3,264

3,002

3,001

3,001

-

-

-

-

18,459

-2,608

-2,626

-2,626

-2,626

-2,363

-2,034

-2,692

-2,362

-2,101

-2,099

-2,100

-14,276

10,076

-2,099

-1,889

-1,889

-1,890

-1,888

-1,763

Proceeds from bank borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

21,837

-3,837

-

-

-

-

-

-

-

-

-

-

-

-

Payments to banks for borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,868

6,044

3,000

3,000

-

-

-

-

6,000

6,000

4,000

3,000

-

-

-

-

5,000

5,000

2,000

3,000

Treasury share repurchases

361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-284

99

-30

-35

-417

-

0

-88

-371

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-4,425

-6,300

-3,558

-3,562

-3,943

-55,301

-3,264

-3,352

-3,634

-3,264

-3,002

-3,001

-3,001

-3,001

-2,739

-2,739

-2,739

-4,607

-13,231

-5,626

-5,626

-7,793

-7,863

15,470

-6,529

-2,362

-8,101

-6,099

-5,100

11,900

-3,100

-3,099

-1,889

-6,862

-6,889

-3,916

-4,763

Effect of exchange rate changes on cash

-459

188

-245

63

127

-707

94

-654

-146

22

738

531

198

-164

43

-57

308

-125

-361

-1,564

870

469

610

-845

110

239

-89

119

120

-309

331

-378

279

90

-1,167

135

370

Net increase in cash and cash equivalents

1,881

-5,147

23,537

11,988

3,719

-54,923

17,660

-4,668

8,709

3,722

8,984

6,523

2,847

-6,077

14,140

9,350

16,467

-10,098

7,833

-1,312

2,810

-8,449

3,494

7,696

-9,373

-2,440

6,712

10,387

-3,655

5,339

-1,460

-4,117

215

-6,187

611

-5,367

-1,144