Haverty furniture companies inc (HVT)
CashFlow / Quarterly
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

1,819

6,100

6,097

6,047

3,621

9,428

8,352

6,214

6,313

2,921

5,983

6,185

5,986

10,947

7,366

5,374

4,669

9,182

7,655

4,833

6,119

-10,192

7,823

4,829

6,129

9,681

9,494

4,830

8,260

6,779

3,314

2,361

2,457

16,957

118

-941

-671

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

5,124

5,184

5,136

5,171

5,105

7,156

7,589

7,526

7,535

7,697

7,618

7,619

7,582

7,573

7,480

7,200

6,792

6,789

6,464

6,405

6,098

5,981

5,672

5,580

5,380

5,639

5,325

5,144

5,342

5,081

4,916

4,774

4,644

4,700

4,522

4,495

4,525

Share-based compensation expense

972

745

739

890

1,061

577

1,224

986

1,571

773

870

859

1,316

880

829

1,113

1,050

891

982

1,047

1,113

789

763

841

926

641

644

1,235

803

609

623

655

666

491

493

536

540

Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

97

71

111

104

147

83

61

23

54

70

85

48

24

51

32

13

64

30

5

66

43

23

82

19

Gains on insurance recovery

-

-

-

-

-

-

-

-

307

1,317

361

0

1,170

878

546

1,914

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from insurance recovery received for business interruption and destroyed inventory

-

-

-

-

-

-

-

-

266

1,951

605

0

311

272

1,286

1,041

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-1,241

-1

8

-1,108

485

-38

-848

-739

762

544

3

-514

-115

930

3

-477

24

778

3

-627

6

-92

4

-433

-120

-65

54

-664

216

-80

11

-456

-89

-462

-125

265

-24

Changes in operating assets and liabilities:
Accounts receivable

-

-

-

-

-

15

-40

-163

-347

-312

-232

-478

-798

-184

-25

-209

-1,096

-77

125

-242

-766

592

-30

-649

-783

81

-117

-778

-586

496

109

-1,027

-788

-4,981

547

1,109

1,026

Inventories

5,731

4,859

-9,255

-166

3,539

-2,504

863

-1,543

5,587

4,468

-4,158

-4,436

6,238

2,945

-10,867

-258

1,304

4,279

-7,180

4,997

209

12,317

23

-1,165

4,481

-117

-6,138

171

665

12,372

-8,813

1,700

-1,801

-8,526

3,112

3,281

3,908

Customer deposits

-3,947

-4,731

5,754

-339

4,972

-6,076

1,189

1,039

500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

-

-

-

-

-

-

2,340

-

2,645

4,027

2,746

-9,228

227

455

5,896

-5,134

1,544

2,532

5,737

-4,037

402

1,784

-104

-713

4,914

-1,414

3,604

-5,349

3,030

718

2,588

Other assets and liabilities

826

-1,270

-3,121

1,581

1,224

-2,662

-7,018

2,174

-1,690

2,909

581

-1,490

-1,068

4,332

-5,751

7,415

3,512

-488

-1,944

2,571

451

1,644

707

1,336

-1,664

-900

-729

2,813

1,454

-3,466

693

2,888

-1,934

13,393

-1,454

-933

708

Accounts payable and accrued liabilities

-20,231

-376

13,438

-388

-4,093

-8,498

8,463

5,795

-4,270

-7,658

10,339

-6,834

-6,349

5,571

2,666

6,111

-16,380

6,528

3,323

-1,565

-5,785

3,838

10,817

-159

-7,858

4,309

5,214

-3,895

-7,176

3,853

5,990

6,060

-4,857

2,346

4,689

-3,069

-3,007

Net cash (used in) provided by operating activities

-21,579

5,052

43,527

9,422

5,418

7,898

33,637

21,561

7,296

3,709

28,651

14,338

5,759

12,818

36,607

15,392

-4,763

6,401

27,730

4,537

13,564

6,402

25,985

14,619

8,448

14,852

28,060

7,588

5,389

3,853

27,787

9,336

11,192

-11,038

14,955

5,543

9,612

Cash Flows from Investing Activities:
Capital expenditures

2,480

4,395

4,678

4,004

3,764

3,242

3,589

7,514

7,128

9,071

4,937

5,275

5,182

4,546

6,769

9,544

8,979

4,620

8,002

7,810

6,711

8,833

10,350

7,181

4,518

3,482

6,495

6,253

3,972

4,848

7,345

9,114

3,707

3,086

10,486

2,024

1,970

Maturities of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,750

250

1,250

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of land, property and equipment

4

2

8

5

2,255

25

1,575

-152

998

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

-

-

-

-

-

-

-

Proceeds from insurance for destroyed property and equipment

-

-

-

-

-

-

-

-

-

942

56

0

989

699

15

2,297

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

1,000

3

-2

1

1

-

-

-

193

1

1

6,811

0

Other

-

-

-

-

-

-

0

0

-55

-

-

-

-32

-

4

3

-4

-1,478

-2

-10

-23

-104

-1

3

-409

-

-

-

-

-204

-8

-232

-4

-2

-134

274

-295

Net cash used in investing activities

-2,476

-4,393

-4,670

-3,999

-1,509

-3,217

-2,014

-7,666

-6,075

-7,261

-4,877

-5,228

-4,161

-2,175

-6,258

4,250

-8,975

-8,367

-7,750

-6,550

-5,688

-18,729

-10,349

-7,185

-5,109

-3,407

-6,492

-6,250

-3,971

-4,844

-7,337

-8,689

-3,896

-3,085

-10,353

-9,109

-1,675

Proceeds from borrowings under revolving credit facility

43,800

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of borrowings under revolving credit facility

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in borrowings under revolving credit facility

43,800

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

The cash inflow from receipts of allowance from landlords used during construction.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,928

1,487

0

3,286

1,050

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on lease obligations

-

-

-

-

-

964

952

942

930

905

869

859

849

830

790

757

748

733

575

633

593

359

267

235

227

224

206

221

216

213

180

188

185

197

132

130

129

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

0

0

270

Dividends paid

3,750

3,862

3,909

3,600

3,685

24,127

3,752

3,793

3,792

3,169

3,170

2,532

2,521

23,524

2,517

2,163

2,205

2,205

2,246

1,807

1,802

1,804

24,383

1,804

1,789

1,789

1,788

893

883

22,934

875

875

0

-

-

-

-

Common stock repurchased

6,810

10,441

1,473

17,843

0

4,276

5,175

5,757

3,524

0

0

0

0

0

0

21,047

235

0

12,060

1,942

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-318

-

-

-

-533

-

-

-

-347

-

-

-

-201

-

-

-

0

-

-

-

-102

-

-

-

0

-

-

-

-

-

-

-

-

-1

0

-411

-1

Net cash provided by (used in) financing activities

32,922

-14,417

-5,382

-22,238

-4,218

-29,367

-9,950

-11,307

-8,593

-3,834

-2,705

-4,729

-3,571

-22,700

-3,307

-24,850

-3,188

-662

-13,394

-5,432

789

-851

-24,820

-4,099

-2,016

-338

-1,750

-2,947

-1,099

-20,485

-1,142

-1,625

-185

-2,777

-132

-541

140

Increase (decrease) in cash, cash equivalents and restricted cash equivalents during the period

8,867

-13,758

33,475

-16,815

-309

-24,686

21,673

2,588

-7,372

-7,386

21,069

4,381

-1,973

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,042

-5,208

-16,926

-2,628

6,586

-7,445

8,665

-13,178

-9,184

3,335

1,323

11,107

19,818

-1,609

319

-21,476

19,308

-978

7,111

-16,900

4,470

-4,107

8,077