SANFILIPPO JOHN B & SON INC JBSS Cash Flow

Sanfilippo john b & son inc (JBSS)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
13,466	17,461	12,926	11,265	10,331	11,264	6,606	5,628	8,552	7,609	10,711	6,724	6,336	12,885	10,180	7,277	3,078	12,050	7,990	8,469	6,518	8,403	5,915	6,607	3,681	9,224	6,775	5,583	342	8,301	7,534	3,886	1,440	9,354	2,442	2,209	-5,625	5,172	1,079
Depreciation and amortization
4,296	4,813	4,412	4,298	4,212	4,367	4,168	4,199	4,167	3,739	3,325	3,650	3,936	3,948	4,025	4,223	4,133	4,162	4,067	4,206	4,130	4,000	3,948	4,142	4,103	4,032	4,001	4,110	4,210	4,226	4,171	4,158	4,297	4,308	4,354	4,192	4,100	4,329	4,347
Gain on disposition of assets, net
866	36	-3	34	187	-34	-23	-66	-95	-154	-165	-14	-4	-17	-36	-30	-104	-27	-231	-54	24	-65	-5	6	-16	1,603	-67	-33	-12	61	559	-20	95	-83	-8	-43	-272	-466	-36
Deferred income tax (benefit) expense
-357	356	-249	-769	38	1,053	-620	148	400	3,689	-573	-2,440	215	946	-465	-1,454	50	1,710	-476	-2,173	411	-210	-412	317	154	218	-122	-1,356	-97	320	186	-598	293	-588	84	-2,736	-150	-317	182
Stock-based compensation expense
702	855	633	607	521	900	616	616	751	891	538	540	536	878	550	679	518	826	466	547	526	608	271	272	272	345	216	223	232	266	184	163	255	197	205	206	194	178	152
Change in assets and liabilities:
Accounts receivable, net
14,512	-7,819	-497	3,316	-4,722	3,495	-6,536	297	-5,224	-3,570	6,746	5,428	-6,604	-9,721	-2,346	6,588	-565	-5,710	2,123	9,007	1,824	2,075	6,956	3,294	-4,445	6,393	989	-1,846	5,356	-17,928	14,060	8,819	-9,690	1,707	10,000	-894	-6,027	-1,232	7,386
Inventories
16,174	15,887	-571	-21,885	7,201	-9,323	6,669	-10,408	16,346	1,163	-17,116	-18,978	18,745	35,457	-9,377	-50,746	22,040	-2,642	-10,076	-30,380	6,439	50,499	-11,391	-15,237	10,479	29,522	-640	-8,048	-1,288	33,425	-11,767	-30,484	20,930	42,488	-15,488	-29,110	-2,746	45,013	1,418
Prepaid expenses and other current assets
-743	701	-356	-414	-775	2,753	-1,094	-1,444	-3,153	4,427	1,244	-453	-2,216	3,022	-554	-1,026	-276	2,065	-744	-946	-1,019	3,819	-267	-2,614	-2,933	5,422	-1,011	-1,655	-2,364	5,029	-205	-1,059	-2,575	4,316	-663	-385	-1,963	596	332
Accounts payable
-16,406	18,831	9,655	-1,878	-24,735	10,911	-1,256	11,495	-36,633	31,332	2,682	9,964	-50,505	31,117	15,808	-15,094	-24,325	15,793	22,500	-18,544	-48,766	52,847	14,770	-9,588	-41,168	50,906	466	1,039	-47,128	51,376	5,240	-6,562	-35,111	44,072	2,385	-7,047	-36,870	29,073	13,479
Accrued expenses
7,388	2,005	-10,969	7,514	5,437	382	2,451	-738	1,264	-1,870	-7,254	3,065	3,091	2,060	-6,732	1,514	1,307	5,018	-7,418	4,588	1,121	1,217	-5,128	6,858	-1,972	1,403	-8,723	-954	2,302	4,412	-8,456	4,584	-1,355	4,628	-2,415	-1,321	3,138	-1,120	-2,117
Income taxes payable
1,679	-4,479	3,839	509	-446	-161	2,446	-529	3,292	-9,730	4,308	658	-1,369	-2,869	5,797	4,992	-4,621	-5,550	4,374	2,545	-2,659	-827	3,436	-921	-3,164	-1,321	3,737	-2,132	-1,130	-1,798	4,306	-296	-3,078	3,517	-1,146	2,311	-3,690	2,061	239
Other long-term assets and liabilities
-224	-282	-300	1,546	-574	-393	132	1,500	-305	-657	-37	668	-204	-182	297	-227	237	-249	-204	446	660	-130	-114	295	180	273	405	3,439	-28	-28	-27	-29	-29	-28	-28	-29	-2,229	742	-2,920
Other, net
494	498	494	-3,265	410	473	412	-772	-410	-543	-372	-911	-402	-417	-428	-786	-324	-339	-325	-641	-239	-255	-236	-563	-617	-94	82	-1,324	-411	193	207	-82	-196	-295	-258	-631	-720	-191	-391
Net cash provided by operating activities
-19,323	31,817	22,468	40,642	-5,549	32,691	15,675	33,089	-25,366	34,994	23,437	37,313	-47,075	20,823	41,607	48,245	-40,868	40,911	40,960	22,389	-46,408	10,095	27,857	22,844	-40,530	22,234	7,402	21,752	-42,578	46,295	10,284	28,132	-41,852	17,327	12,298	34,510	-29,404	-3,602	5,732
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment
4,095	3,347	3,118	2,995	2,713	4,613	4,754	4,169	2,094	4,090	2,876	2,657	1,556	2,967	3,705	2,423	2,208	2,785	7,602	3,256	2,757	3,162	5,217	1,776	1,995	3,095	3,062	801	1,199	3,621	1,586	1,499	1,705	2,387	1,940	1,349	719	1,716	1,411
Proceeds from disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	4	110	870	0	243	0	191	-	-	-	-
Acquisition of Squirrel Brand L.P.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	115
Other
290	-69	-16	-171	183	-58	14	-54	138	-50	-22	-242	-52	-47	-1	-52	-44	-34	37	-14	28	15	-50	-21	-20	-7	55	23	72	2	68	-10	-9	8	100	-	-	-	-
Cash surrender value of officers' life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	51	78
Net cash used in investing activities
-4,385	-3,046	-3,102	-2,766	-2,525	-4,555	-4,768	-4,115	-2,050	-25,949	-2,854	-2,415	-1,504	-2,920	-3,704	-2,371	-2,164	-2,751	-7,639	-3,242	-2,725	-3,147	-5,167	-1,715	-1,969	4,745	-3,117	-815	-1,267	-3,513	-784	-1,489	-1,453	-2,395	-1,849	-1,258	-570	-1,745	-1,604
CASH FLOWS FROM FINANCING ACTIVITIES:
Net short-term borrowings
24,680	-2,547	16,042	-35,099	10,558	-27,400	20,663	-25,301	26,579	-6,454	6,998	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings under revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	111,494	91,534	75,282	-	114,046	88,510	59,615	72,678	104,036	91,350	71,620	66,658	96,250	77,271	64,731	60,473	94,368	76,573	81,645	64,436	103,954	79,915	62,422	56,372	70,851	86,202	60,705
Repayments of revolving credit borrowings
-	-	-	-	-	-	-	-	-	-	-	-	62,584	80,362	86,111	-	72,845	102,550	92,796	86,139	58,892	81,676	92,366	81,945	64,975	80,559	68,756	70,653	57,957	109,004	89,426	87,444	60,092	94,026	71,302	81,237	40,261	80,828	64,256
Principal payments on long-term debt
1,849	1,839	2,192	1,455	1,808	1,799	1,789	1,779	1,828	1,187	865	863	861	860	898	847	844	844	841	840	838	836	835	836	835	833	836	4,126	835	898	716	1,437	965	924	983	1,737	1,378	1,115	1,027
Increase (decrease) in bank overdraft
742	47	401	-821	-2,165	2,766	-941	-1,458	626	1,410	552	-2,047	327	756	1,085	-2,750	2,217	-35	342	-5,075	2,303	3,007	-1,612	-4,472	3,271	1,701	862	-8,060	5,209	2,971	-1,015	-2,787	199	2,864	32	-	-	-	-
Dividends paid
0	22,947	34,321	0	0	0	29,074	0	0	0	28,370	0	0	28,314	28,150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit facility amendment costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	241	-	-	-	-
Increase in book overdraft
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,941	-3,912	143
Tax benefit of equity award exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70	230	645	8	35	48	548	10	60	11	323	48	-	-	-	-	-	-	-	-	2	4	-3	4
Issuance of Common Stock under equity award plans
-	-	-	-	-	-	-	-	0	0	16	-	20	12	31	-	125	13	18	-	181	72	314	-	150	346	27	-	169	288	24	-	87	29	11	-	49	6	26
Net cash used in financing activities
23,308	-28,265	-20,070	-37,375	6,581	-26,768	-11,141	-28,538	25,377	-6,862	-21,669	-34,791	48,396	-17,234	-38,761	-46,577	42,929	-36,747	-33,654	-19,265	46,838	-4,294	-22,869	-20,442	33,872	-18,350	-3,924	-21,609	30,075	-29,977	-9,488	-26,859	42,425	-13,086	-10,061	-32,729	27,071	8,174	-4,691
NET DECREASE IN CASH
-400	506	-704	501	-1,493	1,368	-234	436	-2,039	2,183	-1,086	107	-183	669	-858	-703	-103	1,413	-333	-118	-2,295	2,654	-179	687	-8,627	8,629	361	-672	-13,770	12,805	12	-216	-880	1,846	388	523	-2,903	2,827	-563
Supplemental disclosure of non-cash activities:
Right-of-use assets recognized at ASU No. 2016-02 transition, see Note 3
0	0	5,361	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease obligations incurred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	230	37