Hurco companies inc (HURC)
CashFlow / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Jul'10
Cash flows from operating activities:
Net income (loss)

-893

2,098

3,491

5,252

6,654

8,302

6,500

3,751

2,937

6,702

3,888

3,646

879

3,003

2,720

3,674

3,895

4,804

3,683

3,961

3,766

4,863

4,375

3,536

2,369

1,899

854

3,183

2,254

4,086

3,957

2,962

4,633

2,654

4,575

2,349

1,546

-1,173

Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
Provision for doubtful accounts

-12

55

-52

-92

-47

274

23

-67

158

-21

7

-30

19

-18

-12

7

-52

-90

-29

32

-52

-

3

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82

-

-27

15

43

127

50

41

6

-274

-39

256

-54

74

Deferred income taxes

108

289

-3

12

-38

-1,010

-160

2

638

1,623

32

-170

-377

-981

-153

440

469

189

-362

-511

-329

-789

-71

-17

3

1,601

-107

-269

-316

1,282

381

86

97

-

447

110

120

473

Equity in income of affiliates

43

62

113

123

285

202

243

55

139

182

131

-31

223

94

114

108

150

295

89

47

43

197

82

81

84

-3

117

58

56

4

74

108

90

15

21

22

-5

27

Depreciation and amortization

1,105

984

916

906

939

865

937

1,023

888

898

936

823

959

972

962

972

962

966

809

721

726

950

808

816

735

886

791

798

917

931

955

1,153

1,087

1,073

1,081

1,079

1,067

978

Foreign currency (gain) loss

-107

-653

-433

-436

792

-940

-864

-465

1,514

-530

2,745

-437

-927

-1,473

-1,585

1,644

-436

328

-245

-494

-2,812

-1,029

-2,031

802

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency (gain) loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-366

-1,673

1,897

3,257

-4,320

823

-2,763

-2,787

-844

3,306

14

-1,030

Unrealized (gain) loss on derivatives

-666

-159

326

425

-204

-276

311

394

-885

1,934

-2,050

-156

683

-733

892

-612

60

302

119

-3,193

2,625

-313

634

-391

-138

1,182

-518

752

-939

-599

485

-994

586

582

-150

422

-134

-1,457

Stock-based compensation

136

573

664

724

709

720

606

629

549

611

441

298

348

425

424

424

334

312

312

312

257

264

265

146

246

238

238

255

248

224

224

225

197

138

138

123

71

46

Taxes paid related to net settlement of restricted shares

-

-

-

-

-

-

-

-

-

-

0

0

473

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in assets and liabilities:
(Increase) decrease in accounts receivable

-11,152

4,928

-5,768

-8,340

-2,059

9,208

4,979

1,398

-10,437

10,711

1,700

3,519

-16,493

12,333

-2,231

522

-2,483

5,648

-1,805

-1,814

-5,695

10,133

364

2,652

-1,496

5,060

-6,663

1,090

-4,147

4,004

1,700

-1,872

4,830

-5,221

6,532

4,364

-2,280

-4,078

(Increase) decrease in inventories

1,296

-7,008

6,937

3,473

7,097

2,946

4,515

5,978

6,947

-6,262

5,017

-867

474

-8,012

5,620

10,017

6,256

-4,503

1,833

-542

360

-234

5,182

689

-666

-2,499

3,778

169

-428

-7,468

6,024

10,982

614

8,287

6,584

7,863

2,968

1,034

(Increase) decrease in prepaid expenses

2,125

474

-362

386

976

-2,859

968

653

528

471

-324

-886

659

-2,090

-424

688

1,017

-120

-609

-585

931

2,539

783

332

992

-

379

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accounts payable

-4,540

-11,788

-4,376

-4,724

-2,892

-1,357

1,917

2,427

7,801

-886

3,943

2,687

2,785

-5,421

-2,980

943

1,457

1,190

1,478

-3,932

236

2,009

4,965

-2,527

4,195

-1,278

-279

3,292

33

-9,568

-3,478

5,920

-2,468

-3,926

5,389

8,376

-1,754

7,805

Increase (decrease) in accrued expenses

-6,478

-618

-473

1,116

-2,379

1,697

1,890

1,183

-1,680

6,000

-35

60

-4,694

2,863

222

-288

-2,887

2,685

-661

-960

-2,026

4,132

1,681

1,113

-1,669

1,636

846

-1,519

-2,848

2,396

727

-2,463

-317

803

3,354

-152

1,917

-782

Increase (decrease) in accrued tax liability

-

-

-523

-5,123

-

-

1,131

-1,477

-

-

-93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in deferred tax assets and liabilities

-

-

-

-

-

-

-

-

-

-

1,346

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in deferred tax assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-311

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in derivative assets and liabilities

102

-36

82

75

-451

581

180

457

-40

454

-1,051

-173

-194

287

665

-374

-333

-512

-497

28

-100

-3,244

510

-221

113

-1,071

-82

378

233

-691

383

368

-128

445

472

-1,044

457

733

Net change in operating lease assets and liabilities

-355

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

887

-436

221

-12

479

2,228

-1,301

6

-937

1,175

-347

131

-29

-1,141

-494

366

681

925

-23

178

-1,259

-453

448

-131

133

948

1,104

217

-516

-2,999

2,631

739

1,861

2,665

1,226

-845

-356

2,272

Net cash provided by (used for) operating activities

-2,747

-3,349

-1,472

2,377

-3,969

3,742

3,813

-1,005

14,462

6,210

1,952

6,214

15,996

-

-

-

-

-

-

-

-

-

6,054

-715

6,777

941

4,621

4,734

4,089

1,453

-4,261

-2,312

-1,867

-2,275

1,182

-2,459

2,357

9,772

Net cash provided by (used for) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,063

-6,187

-734

-

6,368

5,998

8,485

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Purchase of property and equipment

186

560

1,328

499

782

711

1,152

819

855

515

668

200

798

371

456

510

635

1,619

454

733

321

253

476

615

336

277

375

241

531

827

1,034

553

341

890

480

207

168

188

Proceeds from sale of equipment

73

15

37

9

22

86

8

28

58

-

0

0

0

0

28

232

4

-

-

0

51

-1

0

0

126

2

0

0

0

-

-

-

-

-

-

-

-

7

Proceeds from sale of equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Software development costs

263

277

455

508

461

578

526

597

625

563

593

626

482

556

527

645

477

440

405

358

203

247

285

240

183

206

233

212

305

302

259

213

203

207

238

279

373

310

Other investments

-

-

-333

-

-

-

-233

-

-

-

-

-

-

-

-

-

-

-405

-70

12

155

9

-147

9

205

208

8

10

30

6

6

-2

32

9

41

-28

12

-73

Acquisition of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,650

-

-

-

0

-

-

-

380

-

-

-

0

-

-

-

-

-

-

-

Net cash provided by (used for) investing activities

-376

-5,265

-1,413

-998

-1,221

-2,359

-1,437

-1,388

-1,422

-661

-1,261

-826

-1,280

-

-

-

-

-

-

-

-

-

-614

-864

-598

-689

-996

-463

-866

-1,134

-1,299

-764

-576

-1,106

-759

-458

-553

-418

Net cash provided by (used for) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-955

-923

-1,108

-

-18,440

-1,103

-628

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Proceeds from exercise of common stock options

-

-

-

0

-

113

180

62

492

265

0

269

0

-

0

0

-

2

0

66

189

60

0

299

0

-

303

0

-

0

0

0

1

-

-

-

-

-

Dividends paid

814

820

818

818

747

746

742

742

668

670

667

661

592

598

592

595

525

526

526

525

457

457

456

456

324

323

323

0

0

-

0

-

-

-

-

-

-

-

Taxes paid related to net settlement of restricted shares

498

0

0

0

499

-43

0

43

502

-178

0

0

473

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted shares vested

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

-

-

-

-2

-

-

-

0

-

0

-1

-

-

-

-

-

-

-

-

-

-

Tax benefit from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

-

-

-

-

-

-

-

-

-

-

Tax benefit from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Restricted shares vested

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

Repayment of short-term debt

0

-4

0

0

1,454

-

-

0

0

-

-

-

-

-

0

-

-

-

1,613

-

-

-8

0

3

384

2,066

2,205

0

0

-

0

-

-

-

-

-

-

-

Net cash provided by (used for) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-592

-595

-524

-

-2,139

-459

-266

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

1,182

477

631

-

202

637

-

-

Net cash provided by (used for) financing activities

-1,312

-816

-818

-818

-2,700

-590

-562

-723

-678

-227

-667

-392

-1,065

-

-

-

-

-

-

-

-

-

-456

-160

-708

-2,398

-2,215

1

0

3

1,182

477

632

-

202

637

-

-

Effect of exchange rate changes on cash

79

270

-374

-139

478

-634

-1,179

-744

1,567

-160

507

478

272

-579

-514

1,244

-1,085

-413

-511

429

-1,582

-819

-313

420

-282

338

-75

-103

115

353

-640

45

-483

-802

-164

669

230

-183

Net increase (decrease) in cash and cash equivalents

-4,356

-

-4,077

-

-7,412

-

635

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

422

-

-

-

-3,860

13,929

-

531

5,474

13,923

-984

-3,124

-6,461

-3,451

5,239

-14,722

4,865

6,009

2,501

4,671

-1,319

5,189

-1,808

1,335

4,169

3,338

675

-5,018

-2,554

-2,294

-4,178

461

-1,611

2,034

9,171