Hawkins, inc. (HWKN)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'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'11Dec'10Sep'10Jun'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)

28,367

27,375

26,958

25,117

24,433

-16,699

-3,686

0

-5,885

-9,177

32,394

18,802

20,782

22,555

23,204

20,468

18,956

18,143

17,184

19,515

19,984

19,214

19,609

19,943

19,003

18,094

17,964

15,832

17,855

17,126

16,466

20,670

20,341

22,685

21,071

19,773

19,704

20,314

0

0

0

Reconciliation to cash flows:
Depreciation and amortization

21,584

21,539

21,490

21,602

21,756

22,029

22,045

0

22,066

22,390

22,181

21,941

21,631

20,875

20,496

18,845

17,022

15,511

14,233

13,894

13,595

13,015

12,177

11,928

12,273

12,605

12,702

12,235

11,236

10,248

9,444

9,120

8,743

8,458

8,280

7,822

7,467

7,148

0

0

0

Operating leases

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

93

94

101

111

122

132

136

0

136

136

136

136

136

136

136

102

68

34

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on deferred compensation assets

-

0

0

0

-

0

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Stock compensation expense

2,273

2,266

2,171

2,049

2,010

1,736

1,508

0

1,432

1,371

1,686

1,900

2,001

2,127

2,079

1,911

1,784

1,706

1,675

1,733

1,683

1,631

1,609

1,493

1,476

1,322

1,332

1,377

1,474

1,621

1,640

1,606

1,539

1,350

1,765

1,882

1,878

1,952

0

0

0

Loss (gain) from property disposals

-563

-249

-304

-343

-415

-25

-14

0

-17

46

-366

-395

-401

-322

76

102

110

33

-20

-96

-62

-45

-83

-11

-81

-111

-48

-77

-63

-153

-159

-115

-116

-2

-142

-169

-142

-127

0

0

0

Changes in operating accounts (using) providing cash:
Trade receivables

3,387

-5,500

-995

1,099

487

3,645

7,144

0

6,038

6,164

5,487

6,082

4,085

-2,259

-532

-440

1,755

2,950

1,937

359

-1,511

1,051

-1,273

-1,538

1,827

1,698

-1,054

805

-1,071

-2,149

-42

-468

2,111

2,407

3,560

4,259

4,667

5,929

0

0

0

Inventories

-6,045

-10,130

-6,966

-7,674

746

4,936

1,836

0

815

8,487

12,479

11,583

18,225

3,529

915

2,781

-2,127

322

1,956

3,050

3,904

9,977

5,655

5,560

-1,050

-2,122

1,480

109

8,807

573

-3,452

-2,685

-5,810

-1,319

3,468

4,945

1,938

3,141

0

0

0

Accounts payable

4,228

-2,593

-6,271

-4,931

-4,137

1,134

9,254

0

8,871

4,157

7,028

-1,047

-967

562

-1,606

2,836

5,515

3,831

-818

392

-4,533

563

-2

111

1,922

335

-3,197

-5,963

-7,099

-1,185

5,481

5,295

3,703

-1,846

-1,697

2,423

5,853

5,356

0

0

0

Accrued liabilities

663

343

-68

793

4,752

3,992

2,070

0

1,565

1,674

455

1,246

524

-416

-3,811

-184

-2,302

242

2,980

-189

-806

-506

-1,622

-1,068

-702

141

1,070

710

2,427

-1,319

-441

-53

-770

343

1,361

1,412

1,470

158

0

0

0

Accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

586

-524

27

2,207

2,116

-130

1,387

0

1,673

-1,711

698

-2,360

-1,812

569

2,434

573

154

-701

-2,680

346

72

-2,177

-2,189

-810

-86

-2

3,226

-383

842

3,893

-2,707

609

-981

-251

1,173

12,333

10,227

2,529

0

0

0

Other

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

1,180

1,061

996

1,493

1,372

80

336

-538

-160

335

800

362

80

-325

-475

329

337

568

488

385

825

864

677

-1,286

-1,058

-947

-543

85

-613

-619

0

0

0

Net cash provided by operating activities

58,902

61,951

50,251

51,285

47,990

43,819

47,729

0

46,111

27,349

28,422

21,285

18,489

44,855

43,534

43,853

42,826

36,333

27,415

31,598

27,166

20,664

26,741

29,407

34,726

34,612

30,382

26,811

22,739

35,474

43,231

44,883

40,530

33,682

24,677

23,535

31,107

28,533

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property, plant, and equipment

24,549

24,839

22,495

19,406

12,618

9,906

10,740

0

15,518

19,703

22,807

24,535

21,908

21,616

22,881

24,769

25,266

24,183

21,579

17,979

16,435

14,552

11,858

11,974

11,496

12,261

17,066

21,306

26,475

26,660

26,313

25,731

20,679

20,057

18,484

13,492

12,746

12,421

0

0

0

Other

-

0

0

0

-

0

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,091

9,001

7,767

8,699

15,303

19,599

23,779

24,823

25,161

19,916

19,606

24,996

18,755

20,225

20,290

16,860

14,165

20,535

16,615

12,450

14,210

0

0

0

Sale and maturities of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,763

38,235

15,385

12,720

13,280

14,182

14,592

16,787

16,612

18,555

19,290

17,330

14,900

11,960

10,245

11,550

15,270

18,455

28,980

31,905

30,545

0

0

0

Proceeds from property disposals

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115

187

175

221

233

191

270

220

255

287

188

192

143

0

0

0

Acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

2,199

10,626

156,948

161,398

159,199

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

1,709

0

0

0

-

-

-

-

Net cash used in investing activities

-24,203

-24,405

-22,120

-19,103

-12,343

-9,673

-10,392

0

-15,168

-19,339

-22,449

-24,304

-21,715

-23,491

-30,068

-153,870

-156,110

-151,352

-142,794

-24,820

-22,387

-26,420

-27,205

-23,409

-21,857

-23,111

-20,656

-21,447

-34,020

-30,382

-34,487

-35,606

-25,769

-20,406

-47,486

-28,148

-20,308

-21,443

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Cash dividends paid

9,825

9,800

9,764

9,731

11,975

9,525

11,811

0

9,399

9,161

9,161

8,923

8,923

8,683

8,683

8,445

8,445

8,257

8,257

8,074

8,074

7,859

7,859

7,641

7,641

7,410

7,410

7,176

7,176

6,936

6,936

6,674

6,674

6,417

6,417

7,221

7,221

7,005

0

0

0

Stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

186

186

371

701

515

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-62

333

403

285

510

0

0

0

-

-

-

-

-

-

-

-

New shares issued

-

0

0

0

-

0

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares surrendered for payroll taxes

343

344

344

344

266

265

265

0

265

0

0

0

0

-

-

-

-

699

379

379

379

295

295

295

295

485

485

485

485

0

0

0

0

-

-

-

-

-

-

-

-

Shares repurchased

5,853

5,759

8,145

6,155

4,352

0

0

0

-

-

-

-

-

-

-

-

-

4,801

5,540

5,573

1,324

2,203

1,464

1,431

1,431

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net payments on revolver borrowings

-

0

0

0

-

0

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on term loan borrowings

-

-

0

0

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on senior secured term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from revolver borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Net cash used in financing activities

-39,621

-37,581

-28,114

-31,752

-31,438

-34,481

-37,073

0

-28,536

-9,881

-6,719

-9,856

-15,231

-34,517

-25,900

105,909

116,440

116,394

117,200

-12,721

-8,511

-9,091

-8,402

-8,408

-8,163

-6,730

-6,449

-5,960

-5,707

-4,943

-3,441

-3,284

-3,960

-3,650

-5,825

-6,772

-7,085

-6,922

0

0

0

NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS

-4,922

-35

17

430

4,209

-335

264

0

2,407

-1,871

-746

-12,875

-18,457

-13,153

-12,434

-4,108

3,156

1,375

1,821

-5,943

-3,732

-14,847

-8,866

-2,410

4,706

4,771

3,277

-596

-16,988

149

5,303

5,993

10,801

9,626

-28,634

-11,385

3,714

168

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION-
Cash paid during the year for income taxes

-

-

-

-

7,589

6,268

6,666

-

6,955

10,232

12,509

13,730

14,296

13,421

12,717

11,844

11,700

11,811

12,055

11,837

11,989

13,801

12,147

9,755

8,396

7,757

8,202

10,188

10,291

6,900

7,754

8,719

10,254

10,788

11,748

11,949

10,566

9,771

0

0

0

Cash paid for interest

-

-

-

3,044

-

-

-

0

3,214

3,025

2,824

2,635

2,374

2,341

2,448

1,898

1,352

702

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash investing activities - Capital expenditures in accounts payable

1,041

563

908

694

495

525

-105

0

383

468

151

1,097

505

958

2,120

1,066

1,913

1,884

1,517

1,497

1,661

1,126

619

1,145

99

699

1,414

-177

227

1,401

-308

2,128

1,857

279

2,299

1,267

1,589

1,450

0

0

0