Houston wire & cable co (HWCC)
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
Operating activities
Net income

545

-656

-721

1,643

2,284

1,628

2,455

2,606

1,947

1,996

-1,711

-54

-453

-1,826

-1,439

-2,557

-184

-199

676

-619

2,186

3,668

3,528

4,031

3,745

3,149

-3,162

4,053

3,862

4,370

4,232

4,421

4,016

3,052

4,965

6,842

4,818

Adjustments to reconcile net income to net cash used in operating activities:
Impairment charge

200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

767

748

667

534

553

551

541

541

545

538

549

825

860

820

732

774

692

740

737

726

712

677

739

762

741

734

741

758

745

747

722

739

733

701

726

798

727

Amortization of capitalized loan costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

4

5

-47

17

30

14

Amortization of unearned stock compensation

328

388

376

365

342

213

382

390

313

406

257

238

275

230

204

213

209

218

205

246

217

235

183

237

213

231

236

188

245

231

272

269

268

261

257

-1,779

554

Non-cash lease expense

904

-

-

-

986

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

-

-

-

-

-

-

-

-

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-34

6

9

-50

-27

34

34

Provision for refund liability

18

-667

280

-88

559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for returns and allowances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

41

-96

-42

-24

63

69

Provision for inventory obsolescence

173

89

-33

289

170

-198

622

-33

224

-44

-33

84

27

-262

-2

191

166

-

-

-

-

97

201

292

412

162

171

16

210

252

213

192

158

-

-

-

-

Provision for inventory obsolescence

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

356

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for inventory obsolescence

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-148

Deferred income taxes

-104

-22

-7

176

284

193

-1,455

55

-137

-1,849

2,130

1,049

-16

758

-57

-490

-205

242

-57

-251

-419

-17

-587

-76

-243

-69

-1,233

129

-312

-133

-422

-110

-108

148

-140

626

-351

Other non-cash items

-62

47

-18

-49

-34

28

-32

-10

-11

153

-96

-70

-29

105

38

3

-30

129

13

-39

-44

65

117

-72

-17

0

0

-14

29

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

253

-4,171

1,621

-798

723

-5,161

2,265

8,152

-2,749

100

8,995

-3,186

6,810

-659

1,378

-1,585

-3,153

-4,982

-1,806

-2,162

-6,402

-3,894

1,412

-3,006

6,632

-6,575

2,458

5,309

-6,708

-1,201

4,355

-2,219

5,146

-10,320

3,954

1,493

-3,177

Inventories

-4,513

8,291

-439

11,237

1,170

7,658

-728

-5,616

5,511

5,860

3,254

-1,724

552

1,376

-1,019

-5,665

-5,175

-1,117

692

-5,387

-6,972

2,958

-1,070

-4,272

-3,763

16,033

-3,425

2,081

-2,685

-4,203

7,420

452

12,291

-4,222

-6,034

6,930

6,166

Prepaids

1,238

-506

-600

366

1,005

-885

-120

-1,631

1,435

729

-101

109

631

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-318

158

201

-278

-14

486

-129

Other assets

77

-

267

1

549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease payments

907

-

-

-

982

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-101

8

2

-13

21

118

0

Book overdraft

-

-

-

-

-

-1,728

416

-1,865

149

1,140

1,370

-300

-2,363

2,082

611

-1,095

-2,115

1,396

1,075

-249

-1,634

-615

1,310

-530

-1,646

555

-2,490

2,674

3,855

-3,498

842

-2,930

3,316

-

-

-

-

Book overdraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,294

Trade accounts payable

793

1,569

-1,070

5,530

-3,424

1,903

1,340

-736

297

1,828

342

-2,356

224

-1,212

136

515

1,457

-2,877

-1,519

3,256

-473

-5,469

1,832

-1,896

-111

-362

1,844

1,674

-1,849

-930

757

-2,304

4,708

-3,429

-1,376

-3,420

-1,663

Accrued and other current liabilities

-8,281

3,580

-3,421

8,695

-6,460

2,727

4,216

1,721

-6,204

-460

5,485

-473

-981

1,101

3,243

-1,028

-729

-3,279

3,731

1,322

-5,331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaids

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

185

551

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

336

-30

-746

-676

534

115

298

-1,208

809

2,241

1,084

-1,719

-107

-371

-438

-393

186

196

160

-2,766

1,697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,207

Other operating activities

257

-638

952

266

93

-287

32

-213

109

350

77

-80

21

-70

6

-91

302

147

232

-80

-440

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,485

7,586

-

6,362

12,141

10,289

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,384

-9,264

-

-832

4,489

-6,272

1,984

2,073

-4,838

-2,941

1,047

223

3,144

-4,751

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,811

2,522

-

104

-3,136

2,475

143

15

-1,037

2,564

-

-

-

-

Other operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

164

529

-

-

-

-

-

-

-

-

-

-

-

-

Other operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

304

-159

-274

-

-4

-10

-3

-3

-3

-3

-4

Net cash used in operating activities

-1,964

-678

-2,762

6,308

-8,474

3,799

7,214

409

-6,084

-448

-2,502

2,085

-10,477

-

-

-

-

-

-

-

-

-

-

10,579

-7,012

-

4,212

3,310

12,049

8,608

-2,674

-3,956

-5,011

15,064

6,308

-4,405

-2,648

Investing activities
Expenditures for property and equipment

857

637

867

597

278

293

469

289

452

462

81

296

930

364

398

220

337

177

1,401

1,105

440

367

868

287

655

2,614

182

326

274

287

259

358

101

570

287

255

207

Cash refunded (paid) for acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

343

Net cash used in investing activities

-857

-632

-867

-597

-278

-273

-469

-289

-452

-454

-22

-162

-930

-

-

-

-

-

-

-

-

-

-

-287

-655

-

-182

-326

-274

-278

-259

-358

-101

-118

-287

-255

-550

Financing activities
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-220

-337

-

-1,401

-1,105

-440

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on revolver

85,653

98,349

90,905

81,084

94,333

96,904

90,615

88,480

91,514

89,650

78,626

83,034

81,991

106,984

71,602

62,470

61,842

77,179

81,821

74,620

76,746

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on revolver

83,233

92,752

86,109

86,917

86,709

98,991

97,360

88,515

84,886

88,624

76,026

84,953

70,530

75,215

73,075

66,025

67,383

76,817

83,334

82,000

82,874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

137

2

0

20

92

Borrowings on revolver

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105,320

99,007

-

94,683

97,844

94,696

100,089

101,564

106,518

94,060

88,169

100,862

112,408

104,302

Payments on revolver

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

110,329

88,789

-

96,807

99,205

105,274

106,494

97,034

100,616

87,466

101,402

105,288

106,185

99,724

Payment of dividends

-

-

-

-

-

9

0

10

29

21

26

4

30

18

487

1,001

989

1,006

2,056

2,040

2,070

2,120

2,096

2,118

1,959

1,957

1,957

1,956

1,596

1,594

1,594

1,594

1,593

1,592

1,592

1,591

1,501

Release of treasury stock/stock surrendered on vested awards

-

52

1,055

73

-8

37

0

75

63

103

50

0

24

306

530

709

719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease payments

159

-

-

-

17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit for options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

6

28

0

0

8

29

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,235

1,392

1,616

1,651

1,574

1,481

3,226

626

58

0

4

2

58

3

0

54

23

3

0

0

Other financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

61

34

-

51

337

127

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,265

-7,249

-

-4,961

-11,036

-9,849

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

2,261

5,400

3,635

-5,967

7,615

-2,133

-6,745

-120

6,536

902

2,524

-1,923

11,407

-

-

-

-

-

-

-

-

-

-

-10,292

7,667

-

-4,030

-2,984

-12,049

-8,056

2,933

4,314

5,112

-14,946

-6,021

4,660

3,198

Net change in cash

-560

4,090

6

-256

-1,137

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-274

274

0

0

0

0

0

0

0

Supplemental disclosures of non-cash activities
Purchase of assets under finance leases

526

-

-

-

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-