Heska corp (HSKA)
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 (loss) income after equity in losses from unconsolidated affiliates

-7,940

-1,731

3,598

2,280

4,465

5,850

1,314

6,066

7,308

9,456

15,158

15,418

15,021

12,165

9,907

7,947

6,383

5,519

4,223

2,855

2,455

1,599

2,418

2,385

-860

-939

-2,448

-2,462

267

1,203

1,298

1,618

1,813

2,145

0

0

0

Adjustments to reconcile net income to cash (used in) provided by operating activities:
Depreciation and amortization

5,025

4,916

4,881

4,784

4,664

4,595

4,641

4,895

4,858

4,754

4,813

4,626

4,641

4,645

4,365

4,324

4,277

4,187

4,358

4,169

3,989

3,712

3,376

3,025

2,752

2,497

2,143

1,927

1,760

1,699

1,695

1,795

1,857

2,052

0

0

0

Non-cash impact of operating leases

1,598

1,565

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax benefit

-2,283

-1,805

-2,336

-3,669

-3,013

-2,255

6,105

8,701

10,027

8,864

2,407

2,726

1,890

3,932

2,103

1,813

1,652

1,327

2,260

1,844

1,426

1,304

1,471

1,159

-177

-637

-1,404

-1,393

-27

606

629

778

837

1,056

0

0

0

Stock-based compensation

4,135

4,968

5,078

5,239

5,349

5,227

4,426

3,727

3,118

2,745

2,668

2,534

2,424

2,260

2,414

2,502

2,398

2,269

2,046

1,946

1,932

1,653

1,240

763

409

408

408

428

406

378

397

402

408

414

0

0

0

Equity in losses of unconsolidated affiliates

-543

-594

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt discount and issuance costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Other losses

429

387

380

245

-2

8

-85

-58

-35

-46

5

19

-3

-3

1

-10

19

36

5

-32

-64

-81

-45

39

53

20

93

41

-24

46

-90

-101

24

10

0

0

0

Changes in operating assets and liabilities (net of the effect of acquisitions):
Accounts receivable

-2,080

-3,796

370

92

1,917

1,076

31

-1,721

229

-5,243

-2,299

162

192

4,700

1,786

3,004

2,192

4,216

3,971

543

-1,031

510

-5,145

-3,583

-318

159

1,656

219

227

-3,099

36

923

1,687

929

0

0

0

Inventories

1,111

-918

-1,673

124

-2,947

-6,046

-591

4,688

6,963

13,834

9,560

6,994

6,017

4,731

4,462

4,261

6,720

7,240

18,336

15,544

11,120

5,592

-643

-452

1,510

1,687

-2,483

-2,620

-1,987

-1,405

-1,909

-1,104

-1,915

-850

0

0

0

Due from related parties

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease receivable, current

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

266

394

946

1,286

913

505

584

299

197

474

-345

-595

-540

-883

644

567

483

1,000

-113

-251

-175

73

1,095

459

596

642

-1,144

-595

-893

-1,551

-663

-555

-353

-93

0

0

0

Accounts payable

-739

-1,686

581

-217

1,135

-2,020

-3,784

-799

215

3,143

2,964

2,469

658

-688

-912

-362

1,139

3,059

1,936

1,073

-1,038

900

387

247

-969

-2,276

-924

406

1,003

1,298

94

385

1,824

-164

0

0

0

Due to related parties

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities and other

-3,280

-5,883

-6,458

-202

3,204

6,146

7,742

-1,143

1,848

-1,380

-3,872

-1,553

-1,827

-351

-898

-752

517

73

1,883

1,239

1,612

814

-688

-615

731

-130

1,608

819

-6

741

-672

-110

-750

-259

0

0

0

Lease receivable, non-current

1,689

2,283

1,939

1,858

2,208

2,294

2,703

3,346

3,968

4,782

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

294

57

93

137

1,014

871

1,207

1,164

281

984

-1,426

-412

1,160

1,951

3,861

3,790

2,320

1,463

1,949

1,032

739

263

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue and other

-1,124

-952

-1,303

-1,506

-1,927

-3,240

-2,610

-2,683

-2,608

-1,401

-1,342

-1,513

-933

-2,300

-1,054

-920

-1,557

-191

-2,461

-1,477

-670

2,091

5,229

4,749

4,814

2,312

-151

-364

-330

-285

-533

-549

-648

-352

0

0

0

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash (used in) provided by operating activities

-2,192

3,296

3,553

3,432

9,807

13,287

10,589

10,053

12,685

10,409

10,252

10,432

8,423

5,855

4,938

2,685

2,878

2,125

1,017

2,109

-1,061

5,554

3,453

2,814

3,303

-1,412

-2,646

-3,502

396

-369

282

3,390

4,784

4,888

0

0

0

Cash flows from investing activities:
Investment in subsidiary, net of cash acquired

398

622

622

622

224

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of CVM

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of equity investment

-

-

-

-

-

-

-

-

-

-

-

-

-

115

115

115

115

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Equity Method Investments

-

-

-

-

-

-

-

-

-

0

0

860

673

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Purchases of property and equipment

1,020

1,044

1,019

1,176

1,217

1,358

2,532

2,985

3,364

3,469

3,289

3,344

2,992

3,417

3,923

4,205

4,073

3,773

2,538

4,811

1,625

2,337

4,975

1,126

2,930

1,930

1,144

1,317

1,555

1,509

-443

97

1,452

1,084

0

0

0

Proceeds from disposition of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

716

405

95

0

0

12

0

6

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-16,095

-1,923

-4,392

-12,618

-12,257

-12,174

-10,546

-2,924

-17,064

-17,169

-17,756

-17,506

-3,087

-3,302

-3,092

-3,685

-3,863

-3,773

-6,076

-4,799

-1,625

-2,331

2,571

2,870

2,096

71

-3,145

-3,318

-4,574

-1,509

443

-97

-1,258

-1,084

0

0

0

Cash flows from financing activities:
Payment of preferred stock issuance costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock proceeds

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

1,755

1,829

1,640

3,439

4,156

4,034

3,792

2,494

2,027

2,452

4,102

3,304

2,875

2,382

1,245

2,112

2,128

2,143

1,826

1,208

1,450

1,430

1,138

1,114

479

323

337

206

265

390

372

361

293

124

0

0

0

Repurchase of common stock

505

3,447

3,510

3,596

3,180

1,271

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from line of credit borrowings

-

-

-

-

-

-

-

-

-

40,307

49,682

44,957

34,921

34,792

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of line of credit borrowings

-

-

-

-

-

-

-

-

-

34,979

44,922

40,924

34,938

34,262

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to non-controlling interest members

-

-

-

-

-

126

128

137

1,091

965

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

3,019

0

0

0

-

-

-

-

-

-

-

-

Proceeds from (repayments of) line of credit borrowings, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-170

-1,202

759

-4,751

-2,436

583

-4,184

2,246

0

0

0

-

-

-

-

-3,079

0

0

0

Repayments of other debt

285

-1,191

-1,169

-1,093

-1,496

-10

5

11

-4

-68

-546

-646

-683

-747

-315

-252

-235

-141

-139

-136

-134

-178

-276

-1,031

-1,026

-1,025

0

0

0

-

-

-

-

0

0

0

0

Net cash provided by (used in) financing activities

200,450

74,264

74,139

5,500

-520

2,627

1,779

2,844

4,245

5,551

5,731

4,115

740

1,403

1,438

1,117

1,452

2,726

1,745

98

2,303

-3,271

-1,559

681

-4,716

1,559

3,188

1,022

3,691

1,340

-694

-171

-3,087

-2,955

0

0

0

Foreign exchange effect on cash, cash equivalents and restricted cash

-19

4

-31

3

-55

-10

-9

-25

77

74

-18

17

-73

-52

-1

-95

-15

-43

-46

-89

-89

-113

-56

87

58

14

-42

-34

-62

-10

-27

-121

2

-9

0

0

0

Net increase (decrease) in cash, cash equivalents and restricted cash

182,144

75,641

73,269

-3,683

-3,025

3,730

1,813

9,948

-57

-1,135

-1,791

-2,942

6,003

3,904

3,283

22

452

1,035

178

383

-472

-161

-591

854

741

232

627

-2,214

-549

-548

-1,806

1,917

441

840

0

0

0

Supplemental disclosure of cash flow information:
Non-cash transfers of equipment between inventory and property and equipment, net

1,153

827

1,548

1,799

1,425

1,449

1,832

1,683

1,486

1,637

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued preferred stock issuance costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70

64

45

77

68

58

58

28

0

0

0

Non-cash transfer of inventory to PP&E and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,708

1,475

1,133

1,327

1,083

809

574

351

0

0

0