Kimball international, inc. (KBAL)
CashFlow / Quarterly
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'11Dec'10Sep'10
Cash Flows From Operating Activities:
Net income

9,451

11,039

11,384

11,109

7,954

9,405

10,876

10,254

5,850

7,378

10,957

10,560

7,231

8,717

10,998

6,275

2,757

6,502

5,622

4,745

4,882

2,677

7,996

7,848

7,208

9,222

9,183

7,061

3,678

4,179

4,961

6,077

2,506

3,197

-146

284

3,306

876

456

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

3,861

3,866

3,610

3,726

3,716

3,729

3,632

-

-

3,874

3,668

2,728

3,849

3,970

3,935

3,847

3,751

3,765

3,633

3,587

3,456

4,799

8,272

8,297

7,861

7,923

7,804

7,876

7,739

7,674

7,469

7,937

7,488

7,132

8,416

7,698

7,805

7,900

7,804

Amortization

639

547

521

322

496

484

475

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (Gain) on sales of assets

-16

-18

-41

-23

-24

36

1,128

-74

-29

1,717

436

1,058

7

7

2,076

-60

-16

-93

-12

4

-270

-593

-53

1,828

-303

19

-60

118

37

64

-38

34

84

121

-211

-1

11

3

22

Restructuring and asset impairment charges

191

88

2,675

-

0

0

0

-

-

-

-

-

-

-

-

54

47

33

19

23

-202

1,132

0

0

0

0

1,509

188

0

0

0

-

-

-

-

-

-

-

-

Deferred income tax and other deferred charges

479

-340

-639

764

-2,664

-451

-1,456

3,618

95

7,345

-1,976

-563

810

-323

-1,504

1,089

943

888

-397

897

-2,068

2,489

-1,855

-1,113

-3,104

-2,443

-2,233

2,442

-1,956

-1,525

77

-345

3,149

1,853

-1,096

-1,015

2,893

313

1,467

Stock-based compensation

1,121

1,068

1,661

1,868

1,121

1,683

1,945

853

815

975

1,536

1,530

1,496

1,498

1,779

1,381

1,238

1,414

1,525

1,197

711

1,253

3,253

1,947

1,817

1,768

1,486

1,627

1,220

1,459

717

483

394

329

237

235

442

259

348

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

301

-

0

-2

1,159

0

0

0

43

0

0

0

567

-1

0

0

42

0

0

0

0

Other, net

-823

75

-2,295

137

153

299

867

-541

286

-829

100

-737

41

2

819

-136

-102

-105

142

1,182

1,448

-2,622

-46

-603

-261

-90

-53

-428

-895

-1,697

-342

-3,103

277

498

27

-1,735

461

405

-94

Change in operating assets and liabilities:
Receivables

6,640

1,696

-2,521

7,186

-8,334

3,900

-2,414

14,057

-6,108

-2,603

400

14,161

-5,358

-5,011

986

9,412

-7,218

-2,445

-4,623

10,974

-5,967

3,769

6,490

21,188

-6,684

143

-12

14,589

17,981

-14,505

1,484

-2,550

-11,852

12,442

-4,695

-34,532

22,850

15,896

-7,189

Inventories

967

2,473

458

1,642

-3,882

4,129

2,616

472

176

-3,914

3,258

278

-3,279

-702

827

221

-5,976

599

8,460

2,965

1,015

6,982

10,972

6,969

2,524

1,587

3,814

-4,592

-8,340

10,778

7,998

-8,750

-1,137

-10,842

257

-5,885

-14,981

-3,745

21,368

Prepaid expenses and other current assets

-1,383

4,055

-1,712

875

-2,974

1,546

-4,341

-949

-1,202

9,372

-480

-1,709

301

3,192

-4,478

-4,047

6,148

-2,297

-263

-1,252

-2,393

6,955

1,560

-81

-170

1,627

-1,120

-1,160

1,554

-2,495

-4,106

-3,213

-1,058

-984

-1,175

1,319

-805

1,949

2,541

Accounts payable

-872

-6,865

-192

6,236

-10,826

3,848

-556

8,587

-3,587

-4,732

2,794

6,835

-4,398

-1,033

594

5,583

-1,567

-5,008

3,866

66

-5,038

6,677

3,927

6,271

-3,571

7,566

1,785

9,475

3,780

-1,373

5,811

-1,587

461

-2,491

-3,464

-19,329

-2,062

-7,037

-96

Customer deposits

-

8,514

-631

-

-

1,313

4,283

-4,131

-2,745

3,966

563

-332

-170

966

1,427

-1,109

3,815

-4,126

1,427

1,605

-118

-953

3,954

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-402

-7,290

-13,444

11,970

3,139

6,686

-14,222

10,293

-258

-6,706

-6,803

6,087

527

2,786

-3,987

-2,460

6,376

1,124

-5,366

3,575

2,464

4,902

-12,185

7,385

4,685

8,285

-897

2,365

7,268

2,207

-3,986

-130

758

-1,964

-16,403

1,750

7,671

750

-3,511

Net cash provided by operating activities

3,966

2,346

11,056

22,287

18,772

16,787

7,121

20,467

11,017

8,357

7,025

15,106

17,633

19,093

13,012

9,571

24,524

8,933

6,324

2,979

10,254

8,487

-6,720

5,021

19,790

29,035

16,025

22,507

11,392

20,476

9,486

29,020

28,814

7,832

-6,647

28,913

13,441

-10,637

-10,368

Cash Flows From Investing Activities:
Capital expenditures

4,094

5,165

6,873

4,116

5,231

5,815

4,531

6,243

3,610

5,314

6,408

4,105

2,063

3,230

2,353

2,796

4,041

2,832

5,359

7,613

5,591

7,549

10,955

8,049

9,184

9,034

6,630

6,320

7,898

8,067

5,270

5,796

4,387

9,060

7,700

10,478

7,437

7,097

6,359

Proceeds from sales of assets

36

1

101

14

8

73

1,196

157

30

225

5,405

1,466

79

349

11,306

152

79

25

34

222

1,678

483

141

3,037

251

1,282

191

355

138

127

166

284

224

244

1,814

53

198

414

276

Purchases of capitalized software

1,540

990

481

473

431

181

193

214

87

236

187

279

364

226

113

214

220

209

495

229

313

654

211

255

411

47

43

322

251

445

182

274

326

211

512

739

302

421

377

Purchases of available-for-sale securities

11,002

8,004

5,971

1,000

13,582

9,354

16,842

8,672

14,923

11,911

6,991

13,610

8,751

3,799

15,899

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of available-for-sale securities

23,000

8,821

12,667

9,856

13,932

8,655

9,963

12,102

14,260

7,500

8,977

2,247

2,948

746

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-35

900

-47

-157

33

-4

-26

269

21

64

69

-1,136

735

263

702

326

523

76

82

-110

247

-75

4

-533

-206

-550

-57

-210

549

-129

-148

142

-84

-5

-40

435

959

104

-40

Net cash used for investing activities

6,435

-6,237

-510

5,000

-5,337

-11,468

-10,381

-3,540

-4,351

-27,600

727

-13,145

-8,886

-6,423

-7,761

-3,184

-4,705

-3,092

-5,902

-7,510

-4,473

-7,645

-11,029

-4,734

-9,138

-7,249

-6,425

-6,077

-8,560

-8,256

-5,138

-5,928

-4,405

-9,022

-6,358

-11,599

-8,500

-7,208

-6,420

Cash Flows From Financing Activities:
Change in long-term debt

0

0

-25

0

0

0

-23

0

-1

-27

1

-3

-2

-3

-22

-2

-3

-2

-20

-3

-2

-2

-18

-3

-2

-2

-17

-2

30

-12

14

-

-

0

11

-

-

-

-

Payments on capital leases and long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

Dividends paid to shareholders

3,321

3,347

2,939

2,937

2,936

2,967

2,595

2,604

2,623

2,623

2,234

2,234

2,234

2,255

2,060

2,059

2,058

2,059

1,902

1,931

1,943

1,904

1,882

1,882

1,882

1,880

1,863

1,864

1,861

1,862

1,843

1,843

1,843

1,842

1,835

1,835

0

3,667

1,828

Repurchases of Common Stock

1,738

1,266

0

0

2

5,830

3,300

816

6,339

35

1,746

141

0

3,807

2,717

0

0

69

9,596

7,514

2,828

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

301

-

0

-2

1,159

0

0

0

43

0

0

0

567

-1

0

0

42

0

0

0

0

Repurchase of employee shares for tax withholding

134

0

842

640

0

195

840

396

0

0

2,426

469

0

0

1,167

297

0

10

1,477

177

19

51

3,772

0

6

0

1,947

0

5

19

851

0

17

5

315

0

48

2

228

Net cash used for financing activities

-5,193

-4,613

-3,806

-3,577

-2,938

-8,992

-6,758

-3,816

-8,963

-2,685

-6,405

905

-2,236

-6,065

-5,966

-2,659

-2,061

-2,140

-12,694

-10,782

-4,792

-64,965

-4,513

-1,885

-1,890

-1,882

-3,784

-3,197

-501

-1,869

-2,141

-1,844

-1,860

-1,847

-2,119

-7,785

-11,198

13,381

-2,068

Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash (1)

5,208

-8,504

6,740

23,710

10,497

-3,673

-10,018

13,111

-2,297

-21,928

1,347

2,866

6,511

6,605

-715

3,728

17,758

3,701

-12,272

-15,307

975

-64,202

-23,429

-1,722

8,754

19,962

6,030

13,332

2,177

10,591

2,303

20,730

22,870

-3,354

-16,458

10,157

-4,141

-5,306

-14,643

Effect of Exchange Rate Change on Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-14

-79

-1,167

-124

-8

58

214

99

-154

240

96

-518

321

-317

-1,334

628

2,116

-842

4,213

Supplemental Disclosure of Cash Flow Information
Cash paid during the period for:
Income taxes

1,343

9,029

34

-

4,117

2,617

24

-

496

12,201

938

-

3,337

12,775

321

-

2,767

3,502

236

-

1,247

6,156

4,505

-

7,426

2,387

2,376

-

-1,791

308

575

-

363

743

320

-

-320

277

258

Interest expense

1

-1

15

-

13

29

40

-

55

74

31

-

5

5

5

-

6

5

6

-

0

2

28

-

1

1

26

-

5

2

27

-

1

0

31

-

23

41

42