Hooker Furniture Corp HOFT Cash Flow

Hooker furniture corp (HOFT)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Oct'18	Oct'18	Jul'18	Jul'18	Apr'18	Apr'18	Jan'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10
Operating Activities:
Net income
17,083	24,759	30,170	34,706	39,873	-	33,705	-	31,576	30,658	30,658	-	28,250	30,705	29,963	27,533	-	25,287	18,453	16,623	15,213	16,185	16,338	14,912	13,246	12,578	10,279	9,191	8,607	7,929	9,628	9,946	9,732	8,626	5,556	5,382	5,554	5,057	4,247	3,157	2,689	3,240	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
7,100	7,144	7,224	7,330	7,442	-	7,806	-	7,639	7,116	7,116	-	6,647	6,059	5,949	6,574	-	8,000	7,204	6,355	5,111	2,946	2,754	2,679	2,606	2,599	2,600	2,564	2,520	2,491	2,136	2,277	2,555	2,566	2,888	2,786	2,529	2,566	2,520	2,603	2,732	2,848	0	0	0
(Gain)/Loss on disposal of assets
271	278	310	328	73	-	-542	-	-566	-572	-572	-	-571	49	79	77	-	72	18	-6	-27	-83	-55	-55	-52	23	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense (benefit)
1,940	-14	186	-515	-1,221	-	2,629	-	3,624	3,460	3,460	-	4,110	1,278	885	1,340	-	-2,224	-1,569	-2,085	-1,558	544	-63	120	338	-135	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense (benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	209	698	282	-35	-1,111	-1,431	-2,025	-1,872	0	0	0
Non-cash restricted stock and performance awards
1,296	1,256	1,294	1,404	1,284	-	919	-	772	872	872	-	1,175	1,405	1,276	1,174	-	1,157	1,190	1,346	1,301	829	284	166	145	123	243	277	244	338	665	638	636	465	332	223	143	-38	97	90	87	225	0	0	0
Restructuring charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Loss on disposal of property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Provision for doubtful accounts and sales allowances
-435	2,258	1,039	2,053	-799	-	-2,348	-	-1,489	-2,534	-2,534	-	-531	2,481	2,867	2,185	-	2,188	-141	-331	-787	-105	68	554	1,501	928	1,375	517	506	456	-43	107	-24	61	104	-357	334	361	449	1,279	1,190	674	0	0	0
Cash received from customers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	227,042	227,093	218,386	213,850	0	0	0
Cash paid to suppliers and employees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	87,749	-23,003	-125,013	-226,986	0	0	0
Insurance proceeds received on casualty loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,708	0	0	0
Income tax recoverable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-681	3,729	7,355	5,534	5,905	6,256	800	2,901	1,808	1,885	2,177	1,987	0	0	0	-	-	-	-
Gain on disposal of property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Gain on life insurance policies
831	855	868	795	748	-	737	-	608	940	940	-	582	752	901	933	-	964	789	781	807	799	798	791	756	709	253	173	138	147	615	671	689	680	0	0	0	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Trade accounts receivable
-25,339	8,429	3,618	5,142	17,982	-	4,235	-	3,284	-409	-409	-	-2,908	4,183	13,511	10,910	-	20,467	-2,347	-10,271	-16,503	-4,174	838	3,874	1,427	3,780	4,714	-494	4,467	1,576	-2,954	-1,588	-926	2,526	3,156	1,158	-1,463	-1,502	-636	-1,451	-2,635	-2,451	0	0	0
Inventories
-12,391	2,872	15,128	26,563	21,323	-	17,771	-	14,628	2,956	2,956	-	6,776	6,448	5,174	1,774	-	-6,016	-4,903	-7,764	-3,892	-1,260	-5,413	2,425	369	-4,043	-1,563	-3,900	-2,919	-856	10,141	16,042	8,758	15,736	-4,083	-9,656	-11,693	-23,302	-16,316	-25,813	-26,894	-21,262	0	0	0
Income tax recoverable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
557	-113	2,252	2,729	-267	-	715	-	1,924	1,953	1,953	-	1,067	645	39	-246	-	115	244	512	65	207	-267	280	120	76	628	273	565	-30	-58	-1,867	-1,454	-172	-346	991	-330	-450	500	-60	175	-185	0	0	0
Trade accounts payable
-15,349	-10,892	-5,209	-2,077	8,130	-	4,472	-	8,941	4,316	4,316	-	-4,623	1,452	-2,147	3,380	-	4,662	622	-3,451	-5,019	-1,273	-1,246	1,289	-269	3,216	-2,902	-2,049	-7	-4,499	2,867	-1,859	-4,671	2,387	-1,749	3,274	2,786	-2,552	-3,111	-4,288	-75	1,360	0	0	0
Accrued salaries, wages and benefits
-3,070	-3,712	-2,695	-1,904	-1,643	-	184	-	-116	1,262	1,262	-	129	1,743	1,842	54	-	1,950	-106	-420	-475	273	780	772	526	1,347	1,024	222	201	162	-517	752	-52	-539	200	-657	19	429	683	-90	-203	967	0	0	0
Accrued income taxes
-3,159	-1,419	-112	-2,728	-672	-	1,299	-	-960	-446	-446	-	-612	0	0	0	-	-	-	-	-	-1,011	655	682	540	2,050	935	0	425	-751	-711	-353	-123	1,444	952	-401	-324	-63	-262	245	-918	-1,136	0	0	0
Customer deposits
328	10,095	407	1,460	-1,270	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
299	536	187	-167	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	0	-	-1,788	-	-	-	-	271	2,056	2,187	-	4,371	2,297	537	-56	187	205	478	194	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other accrued expenses
645	451	935	-484	604	-	61	-	-307	146	146	-	-696	-360	3,996	2,524	-	2,303	2,093	-1,699	-1,010	-217	-2	87	115	38	425	90	35	-31	-369	13	162	251	258	334	151	-209	167	-39	-26	293	0	0	0
Deferred compensation
-49	-348	-2,654	-2,663	-2,757	-	-2,969	-	-754	-1,176	-1,176	-	-1,151	-885	-2,019	-1,708	-	-1,715	-1,346	15	187	358	620	554	429	317	85	51	77	88	102	111	131	80	-79	-12	-26	195	188	144	522	500	0	0	0
Other long-term liabilities
0	19	60	102	141	-	188	-	207	149	149	-	333	344	322	384	-	121	56	31	-3	52	57	62	53	58	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest (paid)/received, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Interest received / (paid), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash provided by operating activities
41,429	15,353	5,209	1,369	9,662	-	23,600	-	29,326	38,483	38,483	-	27,746	25,040	21,024	34,621	-	31,240	37,419	38,117	33,958	23,036	23,850	13,992	16,306	22,768	11,709	16,844	11,704	5,696	5,558	-5,058	-10,401	-3,333	11,018	22,378	37,742	32,276	20,115	8,391	-12,141	-15,459	0	0	0
Investing Activities:
Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86,062	86,062	86,062	86,062	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property, plant and equipment
5,129	7,495	8,040	6,371	5,214	-	2,922	-	2,334	2,669	2,669	-	3,166	3,257	2,959	2,618	-	2,454	2,575	2,694	3,122	2,847	2,711	2,308	2,414	2,994	3,323	3,744	3,599	3,471	2,819	2,852	2,730	4,061	5,212	4,869	5,047	3,805	3,765	3,499	2,781	2,010	0	0	0
Proceeds received on notes receivable
1,449	1,485	1,508	1,538	119	-	121	-	127	120	120	-	120	128	113	150	-	146	186	179	112	93	30	25	27	31	30	24	33	36	43	47	42	37	33	36	38	35	0	0	0	-	-	-	-
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	71	60	60	79	22	-69	-264	281	303	403	720	152	125	0	0	0	-	-	-	0
Premiums paid on life insurance policies
590	590	612	654	652	-	654	-	652	665	665	-	673	672	671	704	-	715	713	712	713	707	707	708	767	789	790	789	834	834	834	834	905	902	902	907	1,144	1,144	0	0	0	-	-	-	-
Proceeds received on life insurance policies
0	0	0	126	1,225	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received on life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	517	0	0	0	-	-	-	-	-	-	-	-	1,724	0	0	0
Net cash used in investing activities
-4,254	-6,589	-7,133	-5,350	-4,511	-	-2,344	-	-34,398	-34,879	-34,879	-	-36,483	-36,335	-3,137	-2,148	-	-88,061	-88,250	-88,639	-89,779	-3,455	-3,386	-2,989	-3,148	-3,681	-4,022	-4,573	-4,445	-3,855	-3,288	-3,387	-2,796	-4,623	-5,678	-5,020	-5,441	-4,229	-3,563	-3,455	-2,300	-1,601	0	0	0
Financing Activities:
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,000	60,000	60,000	60,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for long-term debt
-	-	-	-	17,917	17,571	-	17,142	-	16,714	-	-	6,285	5,858	5,858	5,957	-	12,290	10,825	9,361	7,797	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance cost
0	-11,286	-10,858	-10,429	0	-	0	-	0	-	0	-	-	-	-	-	-	165	165	165	165	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
7,211	7,084	6,959	6,835	6,714	-	6,593	-	6,334	6,075	6,075	-	5,816	5,557	5,322	5,088	-	4,854	4,547	4,472	4,397	4,322	4,318	4,315	4,310	4,306	4,305	4,302	4,301	4,301	5,376	5,377	5,382	5,386	4,315	4,318	4,316	4,315	0	0	0	-	-	-	-
Cash dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash used in financing activities
-12,579	-13,715	-14,018	-14,323	-24,631	-	-24,164	-	-11,515	-10,828	-10,828	-	-140	546	-11,180	-11,045	-	42,691	44,463	46,002	47,641	-4,322	-4,318	-4,315	-4,310	-4,306	-4,305	-4,302	-4,301	-4,301	-5,376	-5,906	-6,053	-6,057	-4,986	-4,460	-4,316	-4,315	-4,314	-4,313	-4,313	-4,312	0	0	0
Net increase/(decrease) in cash and cash equivalents
-	-	0	-18,304	-	-2,908	-	-	-16,587	-7,224	-7,224	-8,877	-	-10,749	6,707	21,428	-	-14,130	-6,368	-4,520	-8,180	15,259	16,146	6,688	8,848	14,781	3,382	7,969	2,958	-2,460	-3,106	-14,351	-19,250	-14,013	354	12,898	27,985	23,732	12,238	623	-18,754	-21,372	0	0	0
Net cash provided by operating activties
41,429	15,353	5,209	1,369	9,662	-	23,600	-	29,326	38,483	38,483	-	27,746	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	20,115	8,391	-12,141	-15,459	0	0	0
Supplemental schedule of cash flow information:
Interest paid, net
993	1,217	1,305	1,343	1,338	-	1,354	-	1,278	1,216	1,216	-	1,135	1,055	946	927	-	848	549	405	198	43	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Income taxes paid, net
6,818	10,706	12,536	13,628	13,613	-	9,680	-	13,116	14,122	14,122	-	14,122	17,907	16,749	9,879	-	12,164	11,418	8,269	8,534	8,837	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Supplemental schedule of noncash investing activities:
Acquisition cost paid in common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,267	20,267	20,267	20,267	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in property and equipment through accrued purchases
5	-56	52	600	23	-	136	-	28	175	175	-	58	4	-4	5	-	0	89	88	129	85	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-