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

34,079

35,815

36,965

37,891

37,584

39,979

38,431

33,432

31,107

26,555

23,669

24,894

23,666

24,883

25,141

24,107

24,116

25,109

27,685

31,231

33,462

36,141

35,425

33,932

34,240

30,104

26,620

25,380

23,780

28,203

29,620

30,569

31,926

28,804

0

0

0

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

13,365

13,749

14,163

14,369

14,450

14,484

14,531

14,830

14,899

15,053

15,331

15,185

15,411

15,529

15,530

15,527

15,402

15,282

15,220

15,099

14,905

14,615

14,156

13,831

13,622

13,588

13,322

12,986

12,546

12,066

11,870

11,715

11,602

11,459

0

0

0

Pension expense

4,389

2,823

2,725

2,660

4,689

4,909

4,973

5,332

4,853

6,368

6,390

6,301

4,912

3,431

4,237

6,206

7,657

7,657

6,720

4,548

2,925

2,708

3,395

3,960

5,576

7,164

9,849

9,585

8,270

6,946

6,647

6,448

6,258

6,070

0

0

0

Contributions to pension plan

-

-

-

-

-

-

-

-

-

-

-

-

-

16,000

12,000

10,000

6,000

4,000

0

1,300

1,300

2,500

2,500

1,800

3,600

4,200

7,200

7,800

7,800

7,200

7,200

7,200

7,200

7,200

0

0

0

Stock based compensation

877

1,025

1,019

1,542

1,492

1,674

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable, net

-2,229

-2,218

-8,499

1,649

1,914

1,196

5,059

1,132

-14,036

-5,473

-6,974

-2,542

-669

-5,273

-655

-3,392

5,191

4,750

2,768

929

-3,139

8,529

3,180

2,666

8,914

662

3,007

5,047

-3,065

-710

3,640

1,051

8,238

4,423

0

0

0

Inventories, net

-6,653

-11,452

-7,501

-378

7,816

13,601

8,739

12,746

9,520

4,305

-2,233

-9,864

-9,702

-13,904

-8,266

-18,333

-20,543

-12,576

-10,136

4,873

6,443

2,987

9,331

1,874

-2,380

48

-7,299

-8,885

5,560

8,583

8,308

20,467

20,672

21,744

0

0

0

Accounts payable

-1,045

-601

-1,566

-2,063

598

1,299

867

-763

-1,345

-1,268

648

1,085

-1,118

1,393

-1,461

-3,343

-3,629

-4,123

-4,182

-2,354

2,680

-693

4,622

2,497

1,383

2,985

2,238

-3,895

-3,820

-1,911

-5,133

2,031

8,301

3,637

0

0

0

Commissions payable

-879

-2,140

-3,900

-124

-483

1,737

3,806

818

-2,253

-3,849

-4,553

-3,004

634

3,300

1,502

1,204

-1,098

-1,498

2,588

2,699

4,288

3,367

712

-39

-2,035

-1,487

0

0

0

-

-

-

-

-

-

-

-

Deferred revenue and customer deposits

-414

-321

2,159

3,534

640

741

0

0

0

-

-

-

-129

-380

41

-1,806

-1,752

-2,425

-1,824

-3,287

-3,202

-3,024

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-370

697

686

1,183

8,899

6,599

-4,303

-884

-8,035

-7,950

-1,541

-1,215

-257

-64

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other

1,368

153

864

3,755

1,536

1,928

7,800

3,175

768

3,215

-22,999

-13,828

-5,620

-8,248

9,315

408

-4,025

-2,436

-8,348

-3,602

-4,191

-3,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Commissions payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Benefit obligations

-1,206

51

5,024

6,042

1,823

438

5,240

4,008

7,304

7,879

-6,247

-5,620

-1,584

-5,329

-86

-57

-2,907

873

-3,620

553

5,224

4,685

8,086

16,540

8,634

8,823

16,075

3,813

2,285

4,329

9,426

7,407

7,520

6,456

0

0

0

Net cash provided by operating activities

60,947

62,174

63,012

53,361

36,347

41,210

46,398

33,615

50,187

43,265

34,637

43,830

40,924

53,434

47,990

56,760

51,830

40,683

49,081

34,534

39,329

29,003

37,494

41,281

45,353

50,386

49,684

41,769

30,108

32,633

23,492

25,756

21,952

21,132

0

0

0

Cash flows from investing activities:
Capital additions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,201

20,256

21,014

7,330

8,793

14,199

16,373

16,793

16,230

13,399

11,175

0

0

0

Change in short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-911

-938

-958

0

0

0

Cash used for investing activities, capital additions

-10,390

-10,847

-11,565

-8,424

-7,559

-7,468

-6,777

-3,576

-10,493

-10,410

-11,658

-15,263

-9,204

-8,466

-5,476

-9,657

-10,995

-11,180

0

0

0

-

-

-

-

-18,109

-23,342

-29,020

-34,366

-36,391

-20,413

-15,319

-12,461

-10,217

0

0

0

Cash used for financing activities:
Cash dividends

14,624

14,370

14,107

13,843

13,580

13,317

13,055

12,793

12,530

12,268

0

0

0

-

-

-

-

10,599

-10,486

-10,241

-9,649

-9,715

-9,451

-9,189

-9,254

-8,662

-20,576

-8,399

-8,399

-8,188

4,199

-7,767

-7,556

-7,430

0

0

0

Proceeds from bank borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments to banks for borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,912

0

0

0

-

-

-

-

19,000

0

0

0

-

-

-

-

15,000

0

0

0

Treasury share repurchases

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-250

-383

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-17,845

-17,363

-66,364

-66,070

-65,860

-65,551

-13,514

-13,252

-12,901

-12,268

-12,005

-11,742

-11,480

-11,218

-12,824

-23,316

-26,203

-29,090

-32,276

-26,908

-5,812

-6,715

-1,284

-1,522

-23,091

-21,662

-7,400

-2,399

601

3,812

-14,950

-18,739

-19,556

-22,430

0

0

0

Effect of exchange rate changes on cash

-453

133

-762

-423

-1,140

-1,413

-684

-40

1,145

1,489

1,303

608

20

130

169

-235

-1,742

-1,180

-586

385

1,104

344

114

-585

379

389

-159

261

-236

-77

322

-1,176

-663

-572

0

0

0

Net increase in cash and cash equivalents

32,259

34,097

-15,679

-21,556

-38,212

-33,222

25,423

16,747

27,938

22,076

12,277

17,433

20,260

33,880

29,859

23,552

12,890

-767

882

-3,457

5,551

-6,632

-623

2,595

5,286

11,004

18,783

10,611

-3,893

-23

-11,549

-9,478

-10,728

-12,087

0

0

0