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

811

2,550

4,834

8,010

8,973

8,636

9,004

4,838

2,178

-222

-4,044

-3,772

-6,275

-6,006

-4,379

-2,264

-326

2,044

5,911

8,763

13,413

14,972

14,453

7,763

7,785

7,902

9,123

16,517

16,885

17,039

15,721

16,454

18,875

19,677

0

0

0

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

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

2,716

2,502

2,305

2,179

2,186

2,178

2,165

2,173

2,457

2,772

3,054

3,237

3,186

3,018

2,938

2,943

2,895

2,915

2,852

2,854

2,890

2,919

2,976

2,978

2,974

2,978

2,991

2,972

2,953

2,941

2,895

2,899

2,958

2,952

0

0

0

Amortization of capitalized loan costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-33

-21

5

14

0

0

0

Amortization of unearned stock compensation

1,457

1,471

1,296

1,302

1,327

1,298

1,491

1,366

1,214

1,176

1,000

947

922

856

844

845

878

886

903

881

872

868

864

917

868

900

900

936

1,017

1,040

1,070

1,055

-993

-707

0

0

0

Non-cash lease expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-69

-62

-34

-9

0

0

0

Provision for refund liability

-457

84

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for returns and allowances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-86

-121

-99

66

0

0

0

Provision for inventory obsolescence

518

515

228

883

561

615

769

114

231

34

-184

-153

-46

93

0

0

0

-

-

-

-

1,002

1,067

1,037

761

559

649

691

867

815

0

0

0

-

-

-

-

Provision for inventory obsolescence

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for inventory obsolescence

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred income taxes

43

431

646

-802

-923

-1,344

-3,386

199

1,193

1,314

3,921

1,734

195

6

-510

-510

-271

-485

-744

-1,274

-1,099

-923

-975

-1,621

-1,416

-1,485

-1,549

-738

-977

-773

-492

-210

526

283

0

0

0

Other non-cash items

-82

-54

-73

-87

-48

-25

100

36

-24

-42

-90

44

117

116

140

115

73

59

-5

99

66

93

28

-89

-31

15

0

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-3,095

-2,625

-3,615

-2,971

5,979

2,507

7,768

14,498

3,160

12,719

11,960

4,343

5,944

-4,019

-8,342

-11,526

-12,103

-15,352

-14,264

-11,046

-11,890

1,144

-1,537

-491

7,824

-5,516

-142

1,755

-5,773

6,081

-3,038

-3,439

273

-8,050

0

0

0

Inventories

14,576

20,259

19,626

19,337

2,484

6,825

5,027

9,009

12,901

7,942

3,458

-815

-4,756

-10,483

-12,976

-11,265

-10,987

-12,784

-8,709

-10,471

-9,356

-6,147

6,928

4,573

10,926

12,004

-8,232

2,613

984

15,960

15,941

2,487

8,965

2,840

0

0

0

Prepaids

498

265

-114

366

-1,631

-1,201

413

432

2,172

1,368

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-237

67

395

65

0

0

0

Other assets

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease payments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-104

18

128

126

0

0

0

Book overdraft

-

-

-

-

-

-3,028

-160

794

2,359

-153

789

30

-765

-517

-1,203

-739

107

588

-1,423

-1,188

-1,469

-1,481

-311

-4,111

-907

4,594

541

3,873

-1,731

-2,270

0

0

0

-

-

-

-

Book overdraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Trade accounts payable

6,822

2,605

2,939

5,349

-917

2,804

2,729

1,731

111

38

-3,002

-3,208

-337

896

-769

-2,424

317

-1,613

-4,205

-854

-6,006

-5,644

-537

-525

3,045

1,307

739

-348

-4,326

2,231

-268

-2,401

-3,517

-9,888

0

0

0

Accrued and other current liabilities

573

2,394

1,541

9,178

2,204

2,460

-727

542

-1,652

3,571

5,132

2,890

2,335

2,587

-1,793

-1,305

1,045

-3,557

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaids

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-1,116

-918

-773

271

-261

14

2,140

2,926

2,415

1,499

-1,113

-2,635

-1,309

-1,016

-449

149

-2,224

-713

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other operating activities

837

673

1,024

104

-375

-359

278

323

456

368

-52

-123

-134

147

364

590

601

-141

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

29,126

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-631

2,274

-7,053

-3,722

-4,659

-6,509

1,473

-337

0

0

0

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-414

-503

1,596

1,685

0

0

0

-

-

-

-

Other operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-20

-19

-12

-13

0

0

0

Net cash used in operating activities

904

-5,606

-1,129

8,847

2,948

5,338

1,091

-8,625

-6,949

-11,342

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

28,179

21,293

14,027

-3,033

3,423

12,405

11,956

14,319

0

0

0

Investing activities
Expenditures for property and equipment

2,958

2,379

2,035

1,637

1,329

1,503

1,672

1,284

1,291

1,769

1,671

1,988

1,912

1,319

1,132

2,135

3,020

3,123

3,313

2,780

1,962

2,177

4,424

3,738

3,777

3,396

1,069

1,146

1,178

1,005

1,288

1,316

1,213

1,319

0

0

0

Cash refunded (paid) for acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

343

0

0

0

Net cash used in investing activities

-2,953

-2,374

-2,015

-1,617

-1,309

-1,483

-1,664

-1,217

-1,090

-1,568

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-1,060

-1,137

-1,169

-996

-836

-864

-761

-1,210

0

0

0

Financing activities
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-3,012

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on revolver

355,991

364,671

363,226

362,936

370,332

367,513

360,259

348,270

342,824

333,301

350,635

343,611

323,047

302,898

273,093

283,312

295,462

310,366

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on revolver

349,011

352,487

358,726

369,977

371,575

369,752

359,385

338,051

334,489

320,133

306,724

303,773

284,845

281,698

283,300

293,559

309,534

325,025

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

139

139

159

114

0

0

0

Borrowings on revolver

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

387,312

394,193

402,867

402,231

390,311

389,609

395,499

405,741

0

0

0

Payments on revolver

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

407,780

408,007

409,418

391,610

386,518

394,772

400,341

412,599

0

0

0

Payment of dividends

-

-

-

-

-

48

60

86

80

81

78

539

1,536

2,495

3,483

5,052

6,091

7,172

8,286

8,326

8,404

8,293

8,130

7,991

7,829

7,466

7,103

6,740

6,378

6,375

6,373

6,371

6,368

6,276

0

0

0

Release of treasury stock/stock surrendered on vested awards

-

1,172

1,157

102

104

175

241

291

216

177

380

860

1,569

2,264

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease payments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit for options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

34

34

36

37

0

0

0

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,894

6,233

6,322

7,932

6,907

5,391

3,910

688

64

64

67

63

115

80

80

80

26

0

0

0

Other financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-26,114

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

5,329

10,683

3,150

-7,230

-1,383

-2,462

573

9,842

8,039

12,910

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-27,119

-20,156

-12,858

4,303

-2,587

-11,541

-11,195

-13,109

0

0

0

Net change in cash

3,280

2,703

0

0

0

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

-274

0

0

0

274

0

0

0

0

0

0

0

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

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-