| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 |
|---|---|---|---|---|---|---|---|---|---|
CASH USED FOR OPERATING ACTIVITIES | |||||||||
Net income | |||||||||
51,413 | 40,669 | 35,157 | 13,501 | 10,616 | 9,123 | 19,327 | 10,134 | 32,644 | 6,539 |
Adjustments to reconcile net income to net cash used for operating activities: | |||||||||
Depreciation | |||||||||
12,933 | 11,994 | 11,804 | 10,654 | 10,846 | 9,978 | 9,105 | 10,473 | 9,843 | 8,875 |
Amortization of intangible assets | |||||||||
1,031 | 1,111 | 1,276 | 1,179 | 856 | 765 | 650 | 1,057 | 729 | 681 |
Amortization of deferred financing costs | |||||||||
27 | 58 | 297 | 122 | 122 | 120 | 315 | 352 | 305 | 421 |
Impairment losses | |||||||||
- | - | - | 6,197 | 0 | 8,475 | - | - | - | - |
Stock based compensation | |||||||||
2,346 | 2,297 | 1,986 | 1,832 | 1,606 | 1,744 | 1,488 | 1,666 | 1,436 | 956 |
Gain on disposal of productive assets | |||||||||
28 | 1,134 | 17 | -16 | - | - | - | - | - | - |
Amortization of deferred loss on interest rate swap | |||||||||
- | - | - | - | - | - | 138 | 789 | 990 | 2,045 |
Write off of currency translation adjustment (gain) loss | |||||||||
761 | 2,378 | -64 | 249 | -177 | -135 | 84 | 552 | - | - |
Provision for doubtful accounts receivable | |||||||||
2,003 | 21 | 876 | 299 | 292 | 288 | 769 | 1,558 | 448 | 995 |
Provision for inventory reserves | |||||||||
1,009 | 394 | 1,356 | 3,650 | 2,123 | 1,043 | 1,269 | 2,307 | 3,317 | 1,404 |
Pension contributions | |||||||||
178 | 5,188 | 1,365 | 482 | - | - | - | - | - | - |
Deferred income taxes | |||||||||
213 | 10,772 | -2,784 | -2,219 | -1,485 | 2,667 | 1,613 | 6,989 | -21,999 | 415 |
Change in operating assets and liabilities: | |||||||||
Accounts receivable, net | |||||||||
6,104 | -5,409 | 5,364 | -3,390 | 2,534 | 1,484 | 3,144 | -4,591 | 581 | 4,857 |
Inventories, net | |||||||||
7,356 | 10,495 | 11,413 | -8,524 | 17,999 | -7,815 | 8,115 | 1,507 | -588 | 12,563 |
Accounts payable and accrued liabilities | |||||||||
-4,733 | 8,432 | 15,901 | -2,513 | 10,582 | -3,825 | 3,336 | -2,949 | 3,095 | 13,114 |
Other current assets | |||||||||
5,983 | 837 | -193 | -197 | -2,599 | 4,197 | -3,377 | 2,548 | -708 | -1,986 |
Other non-current assets | |||||||||
-198 | 0 | -57 | 246 | 284 | 565 | 1,817 | 2,613 | -242 | 913 |
Other long-term liabilities | |||||||||
-117 | 1,990 | -1,034 | -140 | -160 | 1,145 | 1,595 | 579 | -1,276 | 358 |
Other, net | |||||||||
-69 | 243 | -640 | -278 | 699 | -9 | 181 | 334 | 491 | 295 |
CASH USED FOR OPERATING ACTIVITIES | |||||||||
45,844 | 63,358 | 46,350 | 43,434 | 18,056 | 33,218 | 30,003 | 31,764 | 30,980 | 19,751 |
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES | |||||||||
Payments for purchase of business | |||||||||
- | - | - | 9,152 | 0 | - | 15,420 | - | 3,969 | - |
Purchase of short-term investments | |||||||||
7,124 | 34,789 | 46,607 | 0 | 0 | - | - | - | - | - |
Proceeds from sale of short-term investments | |||||||||
35,838 | 52,682 | 0 | 0 | - | - | - | - | - | - |
Proceeds from sale of productive assets | |||||||||
61 | 1,307 | 212 | 113 | 15 | 1,376 | - | 1,243 | 13 | 695 |
Capital expenditures | |||||||||
16,786 | 19,152 | 11,613 | 11,702 | 10,409 | 13,263 | 16,333 | 12,032 | 9,367 | 9,966 |
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES | |||||||||
11,989 | 48 | -58,008 | -20,741 | -10,394 | -11,887 | -31,753 | -10,789 | -13,323 | -9,271 |
CASH USED FOR FINANCING ACTIVITIES | |||||||||
Net borrowings from revolving credit lines | |||||||||
- | - | - | - | - | - | - | - | -7,546 | -7,289 |
Principal payments on term loans and other long-term debt | |||||||||
0 | 0 | 7,376 | 332 | 360 | 542 | 528 | 6,112 | 1,292 | 594 |
Debt issuance costs paid | |||||||||
0 | 63 | 0 | 0 | - | - | - | - | - | - |
Deferred financing costs paid to lenders | |||||||||
- | - | - | - | - | 34 | 339 | - | 133 | 173 |
Common stock transactions | |||||||||
79 | 153 | 47 | 271 | 202 | 638 | 712 | 963 | 323 | 484 |
Dividends paid | |||||||||
5,557 | 4,350 | 3,559 | 3,169 | 2,966 | 2,955 | - | - | - | - |
Purchases of treasury stock | |||||||||
708 | 675 | 663 | 1,506 | 865 | 605 | 886 | 107 | - | - |
CASH USED FOR FINANCING ACTIVITIES | |||||||||
-6,186 | -4,935 | -11,551 | -4,736 | -3,989 | -3,498 | -1,041 | -5,256 | -8,648 | -7,572 |
Effect of foreign currency rate changes on cash | |||||||||
-1,142 | -404 | -275 | 178 | -5,307 | -2,734 | -419 | -1,329 | 2,189 | 2,513 |
Decrease in cash and cash equivalents | |||||||||
50,505 | 58,067 | -23,484 | 18,135 | -1,634 | 15,099 | -3,210 | 14,390 | 11,198 | 5,421 |
Supplemental Disclosure: | |||||||||
Non-cash dividends | |||||||||
307 | 396 | 98 | - | - | - | - | - | - | - |
Non-cash treasury stock activity | |||||||||
1,593 | 227 | 493 | - | - | - | - | - | - | - |
Cash paid for taxes | |||||||||
16,746 | 14,422 | 13,751 | 14,496 | 2,269 | 6,581 | - | - | - | - |
Cash paid for interest | |||||||||
144 | 143 | 493 | 732 | 754 | 672 | - | - | - | - |