JOHNSON OUTDOORS INC JOUT Cash Flow

Johnson outdoors inc (JOUT)

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
CASH USED FOR OPERATING ACTIVITIES
Net income
20,387	6,430	3,903	22,066	21,923	3,521	-4,956	23,770	21,620	235	589	16,553	13,959	4,056	-2,127	6,841	9,321	-534	1,167	9,997	3,646	-4,194	-786	4,698	7,404	-2,193	-3,511	13,654	8,937	247	-3,200	8,995	7,283	-2,944	17,277	8,118	8,486	-1,237
Adjustments to reconcile net income to net cash used for operating activities:
Depreciation
3,110	3,176	3,331	3,278	3,234	3,090	3,093	2,986	2,972	2,943	3,105	3,016	2,862	2,821	2,726	2,708	2,600	2,620	2,820	2,783	2,644	2,599	2,706	2,517	2,482	2,273	2,297	2,166	2,350	2,292	2,573	2,608	2,874	2,418	2,971	2,467	2,219	2,186
Amortization of intangible assets
254	256	256	257	259	259	395	233	235	248	298	305	371	302	347	402	215	215	214	214	214	214	240	170	239	116	154	190	256	50	80	658	143	176	153	203	198	175
Amortization of deferred financing costs
6	7	7	7	6	7	7	7	6	38	27	53	0	217	30	31	30	31	30	31	30	31	30	56	5	29	137	59	59	60	59	171	61	61	62	105	78	60
Stock based compensation
-286	667	664	574	572	536	710	573	477	537	609	423	450	504	372	513	446	501	436	203	503	464	488	430	431	395	390	384	359	355	374	372	545	375	376	340	497	223
Gain on disposal of productive assets
10	0	-6	12	47	-25	-128	-14	1,178	98	-188	205	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred loss on interest rate swap
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	138	106	199	271	213	131	247	334	278
Deferred income taxes
-117	0	-306	317	155	47	992	2,951	360	6,469	289	789	336	-4,198	-2,254	337	349	-651	-1,421	-496	-247	679	319	2,939	185	-776	-822	1,712	849	-126	2,036	4,800	63	90	-21,418	-523	528	-586
Change in operating assets and liabilities:
Accounts receivable, net
29,065	33,616	-36,041	-42,149	69,293	15,001	-40,207	-42,651	52,421	25,028	-32,139	-43,666	49,814	31,355	-28,841	-32,030	35,985	21,496	-34,196	-31,252	54,678	13,304	-34,141	-19,126	35,749	19,002	-31,593	-33,121	46,992	20,866	-35,671	-33,135	45,341	18,874	-32,046	-32,437	51,048	14,016
Inventories, net
4,473	9,298	107	-20,739	58	27,930	11,713	-16,302	3,477	11,607	11,793	-7,408	-1,603	8,631	786	-18,390	-5,120	14,200	4,003	-1,696	-1,239	16,931	-2,431	-14,091	-2,558	11,265	1,686	-9,914	8,537	7,806	1,549	-11,066	-358	11,382	-398	-11,895	-629	12,334
Accounts payable and accrued liabilities
7,610	2,090	-9,228	-5,743	13,536	-3,298	-253	-6,962	13,891	1,756	-3,542	-440	18,082	1,801	-13,426	-5,233	15,548	598	-15,110	8,142	16,034	1,516	-11,877	-4,482	16,212	-3,678	-4,720	-12,771	17,252	3,575	-11,410	-6,777	17,588	-2,350	-2,446	-5,336	9,241	1,636
Other current assets
-1,910	-1,619	5,836	-1,577	1,047	677	4,363	-1,311	-1,124	-1,091	1,998	-1,544	-787	140	1,060	-880	-829	452	786	-1,886	-4,686	3,187	3,527	-1,147	336	1,481	-5,539	953	1,443	-234	1,983	-595	1,143	17	-2,855	634	1,129	384
Other non-current assets
-	-	-	-	-	-	0	0	-	1	-39	26	-27	-17	0	269	-1	-22	230	-7	68	-7	-1,490	722	265	1,068	3,022	-204	-432	-569	3,829	126	-854	-488	500	-136	-489	-117
Other long-term liabilities
241	-412	-618	84	238	179	1,527	488	192	-217	-1,369	85	247	3	611	-307	-287	-157	-17	-149	-46	52	-735	314	401	1,165	1,032	-225	642	146	110	-977	1,073	373	-1,030	-77	-401	232
Other, net
530	-7	-96	144	-164	47	279	58	213	-307	-356	-32	-529	277	-7	-92	-125	-54	217	227	351	-96	19	-1	-104	77	124	8	45	4	2	15	30	287	177	294	20	0
CASH USED FOR OPERATING ACTIVITIES
97	-29,088	30,224	85,501	-30,686	-39,195	26,332	84,396	-23,429	-23,941	20,464	72,096	-11,884	-34,326	16,501	62,428	-1,938	-33,557	20,105	55,793	-25,692	-32,150	26,405	48,758	-6,537	-35,408	27,545	48,961	-23,769	-22,734	24,759	53,796	-14,763	-32,028	32,007	50,668	-28,579	-23,116
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES
Payments for purchase of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	3,652	0	5,250	-	-	-	-	-	-	-	-	0	0	0	15,420	-	-	-	-	-	-	-	-
Purchase of short-term investments
0	0	0	0	0	7,124	9,789	21,807	-13	3,206	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of short-term investments
0	0	0	0	32,138	3,700	6,075	-3,193	5,300	44,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of productive assets
-	-	-	-	-	-	1	0	1,201	105	7	205	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	0	0	1,208	-	-	-	0
Capital expenditures
4,465	3,307	4,755	3,853	4,097	4,081	4,499	3,729	4,470	6,454	3,466	2,953	2,528	2,666	3,100	2,994	3,061	2,547	3,802	2,444	2,410	1,753	3,437	3,122	3,349	3,355	5,395	4,851	3,060	3,027	3,102	3,968	2,988	1,974	3,372	2,243	2,135	1,617
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES
-4,455	-3,307	-4,754	-3,840	28,088	-7,505	-8,212	-28,729	2,044	34,945	-10,066	-42,748	-2,528	-2,666	-3,237	-6,646	-3,061	-7,797	-3,802	-2,429	-2,410	-1,753	-3,437	-3,122	-1,973	-3,355	-5,395	-4,851	-3,060	-18,447	-3,067	-3,968	-2,988	-766	-7,328	-2,243	-2,135	-1,617
CASH USED FOR FINANCING ACTIVITIES
Net borrowings from revolving credit lines
-	-	-	-	-	-	-	-	-	-	-	-	-7,730	12,730	-	-	6,089	23,911	-	-48,084	23,344	24,740	-	-	11,916	30,233	-	-43,003	21,267	30,733	-	-36,272	17,650	22,113	-7,581	-48,895	25,448	23,482
Principal payments on term loans and other long-term debt
-	-	-	-	-	-	0	-	-	-	2	0	275	7,099	60	92	120	60	88	89	88	95	126	128	152	136	135	131	132	130	126	2,709	208	3,069	118	851	213	110
Debt issuance costs paid
-	-	-	-	-	-	2	0	4	57	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing costs paid to lenders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	16	18	-	-	-	-	-	-	-	-	0	0	0	133
Common stock transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	224	-75	97	175	202	389	-564	449	121	30	38	582	44	0	86	594	31	86	252	24	96	34	169
Dividends paid
1,693	1,689	1,392	1,391	1,390	1,384	1,186	1,187	988	989	890	890	889	890	793	793	793	790	742	741	742	741	741	739	738	737	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of treasury stock
0	460	0	0	0	708	0	0	0	675	0	0	-1	664	1,030	0	0	476	87	277	0	501	-33	0	0	638	0	0	0	886	0	9	0	98	-	-	-	0
CASH USED FOR FINANCING ACTIVITIES
-1,693	-2,149	-1,392	-1,391	-1,311	-2,092	-1,103	-1,187	-924	-1,721	-845	-5,890	-8,893	4,077	-1,858	-30,661	5,101	22,682	-742	-48,989	22,903	22,839	-385	-42,895	11,040	28,742	-8,889	-43,090	21,135	29,803	-3,023	-38,959	17,528	19,198	-7,675	-49,650	25,269	23,408
Effect of foreign currency rate changes on cash
-950	419	-664	493	38	-1,009	583	-1,269	369	-87	516	923	805	-2,519	286	-457	1,480	-1,131	-318	635	-3,448	-2,176	-3,929	745	179	271	755	266	-1,998	558	1,490	-1,773	776	-1,822	-2,815	2,970	984	1,050
Decrease in cash and cash equivalents
-7,001	-34,125	23,414	80,763	-3,871	-49,801	17,600	53,211	-21,940	9,196	10,069	24,381	-22,500	-35,434	11,692	24,664	1,582	-19,803	15,243	5,010	-8,647	-13,240	18,654	3,486	2,709	-9,750	14,016	1,286	-7,692	-10,820	20,159	9,096	553	-15,418	14,189	1,745	-4,461	-275
Supplemental Disclosure:
Non-cash treasury stock activity
0	0	-	-	0	1,593	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for taxes
4,248	123	6,561	8,270	1,668	247	6,373	4,029	3,478	542	4,581	4,934	3,592	644	5,360	7,121	386	1,629	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
28	30	26	57	30	31	26	47	32	38	46	61	96	290	114	216	267	135	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-