GRIFFIN INDUSTRIAL REALTY, INC. GRIF Cash Flow

Griffin industrial realty, inc. (GRIF)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11
Operating activities:
Net loss
-320	-2,582	1,017	5,819	-586	-139	-122	331	-1,723	-490	1,329	4,727	-939	1,339	-49	-379	-335	164	1,203	-234	-708	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-172	165	-1,370	-6,090	-929	-112	1,310	-1,026	1,882	-412	522	712	-428	-629	-2,129
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-26	-390	272	7,200	439	-282	374	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	273	-198	-225	-1,098	1,110	-490	-394	1,684	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
3,235	2,995	2,925	2,939	2,942	2,954	2,743	2,889	2,818	2,691	2,637	2,386	2,350	2,257	2,226	2,169	2,145	2,041	1,923	1,886	1,818	1,739	1,711	1,638	1,641	1,688	1,665	1,727	1,593	1,710	1,515	1,549	1,529	-	1,673	1,714	1,726
Provision for inventory losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	487	300	-150	550
Gain on sales of properties
584	0	126	7,651	52	0	0	843	36	-	-	-	-	-	-	-	-	686	1,414	127	622	1,914	674	207	69	1,990	203	1,368	741	-	-	-	-	-	-	-	-
Noncash rental revenue including straight-line rents
512	-	-	-	630	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
103	102	65	72	74	73	78	76	70	71	128	70	64	61	120	49	53	52	48	62	64	63	65	66	65	65	61	68	76	76	74	73	75	75	75	51	76
Deferred income taxes
-96	-990	-814	1,683	-180	-206	-188	32	790	-183	704	2,553	-451	939	27	-236	55	191	643	-139	-398	1,116	-93	-218	-682	542	-179	-225	859	-990	1,123	-391	383	931	-292	-343	-1,272
Stock-based compensation expense
57	56	21	94	90	89	83	88	90	89	90	88	82	82	71	43	71	38	30	69	93	62	63	60	153	98	81	130	106	117	124	166	138	117	170	162	115
Amortization of terminated swap agreement
-	0	0	0	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of terminated swap agreement
-	-	-	-	-	-	-	-	58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,624	0	2,886	-	-	-	-
Gain on sales of common stock of Centaur Media plc
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	318	584	0	0	504	-	-	-	-	-	-	-	-
Accretion of discount on note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	24	25	26	254	-69	-46	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of investment in Shemin Nurseries Holding Corp.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,397	-	-	-	-	-	-	-	-
Provision for bad debts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27	8	35	-15
Changes in assets and liabilities:
Other assets
258	-2,830	3,347	-532	-192	-1,827	3,527	-1,259	-318	-1,997	2,244	-52	1,043	-3,124	3,413	-34	-314	-1,755	1,803	-367	-805	-732	2,235	-803	-69	-956	1,688	-679	-234	-	-	-	-	-	-	-	-
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,326	4,531	-441	-873	-4,109	5,450	-423
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	321	-3,090	2,866	-648	825	-3,050	2,227
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,217	-1,111	-1,179	353	2,194	-1,185	-493
Accounts payable and accrued liabilities
936	236	328	-805	122	493	47	-630	-249	765	461	-628	-295	-9	462	-202	86	33	399	-557	600	-69	-137	-528	458	-291	18	306	-74	-510	524	-504	628	-669	-540	309	746
Deferred revenue
-570	484	2,989	-1,153	-538	254	1,981	-1,173	-809	801	2,160	66	654	-957	1,534	-744	-489	-554	993	4,051	434	2,483	1,129	-273	-352	-442	1,153	-426	-519	-284	968	-267	-484	-625	1,000	-380	-392
Other liabilities
-1,586	-78	152	39	22	-280	239	174	67	102	61	342	571	108	264	294	-221	13	98	179	200	81	142	-26	132	346	94	82	294	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,184	1,679	-	2,120	5,533	2,261	4,540	-200	1,021	-47	1,498	512	865	-389	-	-	-	-	-	-	-	-
Net cash used in operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	442	403	-914	93	2,833	-2,035	-2,677	-	-	-	-	-	-	-	-
Other noncurrent assets and noncurrent liabilities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-369	178	-149	-374	-132	208	45
Net cash provided by operating activities
405	4,586	3,210	1,986	1,487	3,445	1,345	2,257	1,394	3,674	3,151	1,561	993	-	-	-	-	-	-	-	-	4,648	242	1,424	-961	1,591	3,345	-1,170	-3,066	427	3,004	-294	-1,192	1,181	2,840	-660	-1,951
Investing activities:
Additions to property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	-	39	24	41	58	15	89	26	49	84	96	35
Proceeds from sale of business, net of expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-705	874	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,576	-2,367	-	-10,648	-9,743	-5,006	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from property sales returned from escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,562	-	-	-	-
Proceeds from the sale of investment in Shemin Nurseries Holding Corp.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	192	3,226	-	-	-	-	-	-	-	-
Additions to real estate assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	435	338
Return of capital from Shemin Nurseries Holding Corp.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	309	-	-	-	-
Acquisition of land and building
7,921	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to real estate assets
3,796	-	-	-	1,923	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in short-term investments, net
1,011	8,000	2,989	3,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to real estate assets
-	-	-	-	-	-	15,582	5,815	2,270	-	5,642	3,089	2,233	2,369	4,972	6,460	1,933	4,727	12,381	9,535	4,545	3,110	3,546	6,241	2,686	1,276	2,211	1,621	8,430	1,218	3,945	5,318	3,067	-	-	-	-
Proceeds from sales of properties, net of expenses
740	0	287	8,322	866	0	0	895	103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	910	6,929	0	15,537	-	-	-	-
Deferred leasing costs and other
158	497	169	103	190	317	246	138	101	446	236	538	336	326	14	116	434	175	167	208	461	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of properties returned from escrow, net
-	-	-	-	-	0	845	-845	91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,731	0	0	6,934	-	-	-	-	-	-	-	-
Proceeds from sales of common stock of Centaur Media plc
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	315	251	1,327	0	291	869	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-10,124	-8,008	-5,738	-2,035	753	-11,271	-25,983	-5,903	-2,177	-6,179	-11,450	284	-2,569	-	-	-	-	-	-	-	-	-	-847	2,155	-1,610	-2,082	-1,745	-1,162	2,558	-369	-3,962	10,155	-2,809	1,840	-153	-531	-373
Financing activities:
Proceeds from mortgage and construction loans
21,500	0	977	147	141	4,817	8,025	0	18,781	-	-	-	-	26,725	0	14,350	4,450	11,500	18,000	0	10,891	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on mortgage loans
4,254	1,057	972	975	949	938	929	933	12,639	6,728	10,955	833	771	15,424	699	8,061	638	592	18,437	579	515	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	443	540	529	514	477	315	610	441	315	463	455	593	437	437	427
Dividends paid to stockholders
2,538	0	0	0	2,279	0	0	0	2,000	0	0	0	1,514	0	0	0	1,546	0	0	0	1,030	0	0	0	1,029	0	0	0	1,028	0	0	0	513	514	513	513	512
Net repayments on revolving lines of credit
-1,775	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	177	9
Payment of debt issuance costs
393	-	-	-	-	1	10	391	167	62	311	208	14	144	209	128	97	251	337	31	143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	0	0	880	594	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,761	2,169	-	-3,899	-530	9,203	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
12,540	4,886	-28	-730	-3,087	4,446	7,832	-836	3,975	-2,415	11,143	10,079	-2,893	-	-	-	-	-	-	-	-	-	4,028	-562	-1,558	-515	8,401	-519	-1,638	-544	-315	-383	-968	-1,107	-952	-1,033	-930
Net increase (decrease) in cash and cash equivalents
2,821	1,464	-2,556	-779	-847	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	3,192	-	2,844	11,924	-4,469	10,729	-7,161	1,369	1,481	11,921	-12,427	-4,740	6,458	569	3,423	3,017	-4,129	-1,006	10,001	-2,851	-2,146	-486	-1,273	9,478	-4,969	1,914	1,735	-2,224	-3,254