Lydall inc /de/ (LDL)
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'11
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

-56,421

-70,461

3,004

-6,946

3,890

7,184

6,256

10,450

11,054

13,848

10,675

13,125

11,669

4,420

12,785

10,813

9,169

5,319

11,186

10,817

18,937

5,733

4,158

8,240

3,716

4,133

4,575

5,955

4,492

2,427

3,875

6,592

3,912

2,668

1,131

7,100

2,880

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Gain on sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

18,647

0

0

0

0

-

-

-

-

0

0

405

405

405

404

405

405

Depreciation and amortization

12,230

12,318

12,681

12,066

11,935

10,720

8,194

7,028

7,220

6,744

6,608

6,261

6,517

5,495

5,430

4,302

4,332

4,307

4,331

4,275

4,362

4,469

4,605

4,724

3,848

3,117

3,045

3,196

3,345

3,336

3,357

3,425

3,564

2,937

3,669

4,125

3,747

Impairment of goodwill and long-lived assets

61,109

-

-

-

0

-

-

-

-

0

0

0

772

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-2,896

-1,736

-491

-12,098

-260

296

-825

564

601

-2,467

-623

-28

185

-453

-166

-447

-106

4,452

114

765

-1,746

2,881

-3,726

-947

315

-1,753

1,245

1,184

293

-962

-220

-483

16

700

-475

380

577

Employee benefit plans settlement expenses

385

-454

186

25,515

0

-

-

-

-

-1,108

83

544

481

347

1,607

0

0

-

-

-

-

0

247

524

1,282

0

0

0

0

-

-

-

-

-

-

-

-

Stock-based compensation

914

756

598

493

982

-1,106

607

1,379

1,201

1,029

953

1,056

1,231

1,289

996

942

1,132

544

819

829

635

764

720

730

573

576

475

218

494

361

194

480

366

53

427

388

420

Loss on disposition of property, plant and equipment

-20

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-51

-116

-106

-168

-73

0

0

-

-

-

-

-

-

-

-

-189

-7

0

-2

Income (Loss) from Equity Method Investments

-44

28

98

49

-27

12

64

60

-4

9

31

-22

-46

18

51

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

7,800

-26,942

-12,516

-9,407

11,395

-18,280

13,473

-6,692

18,626

-4,092

3,941

417

7,780

-15,759

4,086

882

10,412

-8,900

-2,010

1,642

12,017

-5,995

-7,802

727

20,259

-11,667

5,959

18

9,791

-10,986

1,708

-935

10,363

-7,688

685

-4,072

15,163

Contract assets

-1,313

1,184

5,561

-784

-447

-1,615

-2,151

1,849

5,745

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

2,026

-8,825

1,546

-1,957

6,617

-6,159

-3,483

6,847

8,796

-679

-2,407

2,187

12,015

-650

-554

-3,355

4,059

-12,296

3,893

1,459

6,465

2,846

-465

-3,319

-3,601

-3,904

412

-143

6,681

-1,918

-595

-2,563

2,348

-5,674

5,688

1,613

-1,279

Accounts payable

21,127

-13,820

3,200

-5,271

15,498

-13,351

890

-2,065

9,471

-3,756

2,592

1,793

13,686

-7,425

2,704

885

7,341

-7,397

502

-1,635

3,644

102

-5,386

481

5,970

-4,694

3,070

-2,570

4,135

-4,560

1,637

-437

4,478

-6,186

1,493

-2,151

2,952

Accrued payroll and other compensation

-68

-338

1,935

557

2,443

-946

1,002

24

-2,432

-941

2,773

425

-1,154

-882

-207

3,425

-566

-454

-144

1,591

-4,409

1,830

184

3,219

-1,934

1,132

-1,445

1,817

-1,625

1,168

-951

1,766

-831

806

-837

-437

1,041

Accrued taxes

-1,447

-

-

-

396

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Benefit plan liabilities

-

-

-

-

-

-8,639

-203

307

877

-2,419

-1,849

-1,551

574

-1,609

1,604

-2,083

2,575

-10,765

2,726

-5,717

8,978

-5,326

1,230

-927

1,460

563

-1,206

-652

611

-1,094

-148

-801

1,350

-1,821

-1,094

461

1,787

Other, net

257

5,556

-1,138

-3,019

-2,976

2,381

-2,984

-3,687

1,209

1,921

2,547

-3,606

-1,854

4,602

-7,155

314

3,377

4,189

-7,300

-2,348

5,525

-188

5,833

-2,402

-1,432

1,081

988

242

1,510

-527

-31

-1,738

874

-4,814

1,237

191

1,222

Net cash provided by operating activities

26,700

23,898

26,745

21,849

14,370

30,241

6,524

11,936

-3,962

16,744

18,397

15,437

12,358

22,305

14,015

20,624

12,783

21,213

10,402

5,592

-1,097

11,129

17,125

16,234

-2,860

19,372

4,428

9,697

-3,217

15,194

6,684

11,914

613

12,583

-3,693

7,872

-2,105

Cash flows from investing activities:
Redemption of short-term investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

12,015

-

-

-

-

Capital expenditures

9,157

8,614

6,949

11,048

9,239

11,200

3,736

8,679

7,676

7,088

4,850

5,508

9,560

6,434

3,483

5,933

9,616

5,185

3,782

4,282

7,396

5,330

3,015

2,819

2,807

4,324

3,987

3,052

2,463

3,459

2,160

2,823

2,962

2,939

2,607

1,786

1,552

Collections of finance receivables

1,658

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of property, plant and equipment

0

-

-

-

256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from divestiture

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

0

180

28,370

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Businesses, Net of Cash Acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

250

0

79,157

0

0

0

0

-

-

-

-

-

-

-

-

Reimbursement of cash from leasing company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

205

613

Net cash used for investing activities

-7,499

-8,613

-6,947

-7,842

-8,983

-11,184

-273,643

-8,462

-7,676

-7,076

-4,832

-5,861

-9,560

-57,577

-104,582

-5,933

-9,616

-5,185

-3,782

-4,102

20,974

-5,328

-3,378

-2,819

-81,964

-4,326

-3,987

-3,210

-2,463

-3,459

-1,160

-2,823

9,053

-2,277

-11,048

7,955

-939

Cash flows from financing activities:
Proceeds from borrowings

20,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

60,000

0

0

0

0

-

-

-

-

-

-

-

-

Debt repayments

4,500

14,048

13,016

18,102

7,067

13,068

76,668

69

57

16,088

14,108

11,099

10,467

8

23

150

10,147

20,143

146

142

140

20,155

160

169

162

232

161

157

218

-493

205

213

360

-859

375

382

357

Proceeds from servicing receivables

2,900

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued

31

443

5

0

0

4

180

0

666

914

96

158

155

583

207

84

320

310

156

450

605

891

729

404

433

293

292

259

653

669

100

201

2

13

42

51

22

Common stock repurchased

8

92

7

0

43

18

133

0

823

178

95

0

2,497

282

99

0

710

220

31

1,204

7,246

244

25

0

479

206

217

5,852

342

922

364

2,712

0

-

-

-

-

Excess tax benefit on stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

522

37

199

286

530

497

237

222

74

51

43

103

211

0

0

0

-

-

-

-

Net cash provided by (used for) financing activities

18,375

-13,697

-13,018

-18,102

-7,110

-13,082

260,841

-69

-214

-15,352

-14,107

-10,941

-12,809

31,893

85,085

-66

-10,537

-19,531

16

-697

-6,495

-18,978

1,041

472

60,014

-71

-35

-5,707

196

-320

-469

-2,724

-358

-622

-333

-331

-335

Effect of exchange rate changes on cash

-1,121

824

-1,277

-363

360

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

36,496

2,412

5,503

-4,458

-1,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

1,080

-

1,706

2,368

616

-1,804

-116

-1,435

986

-851

-649

1,380

-3,330

-1,339

-2,646

-590

531

436

1,048

295

-672

697

401

-1,078

553

-886

-1,099

480

695

Decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-10,772

-

1,164

1,003

-9,395

-5,183

-5,598

13,190

-6,384

-4,354

5,987

2,173

10,052

-14,516

12,142

13,297

-24,279

15,411

1,454

1,075

-6,156

12,112

5,456

5,289

9,861

8,798

-16,173

15,976

-2,684

Supplemental Schedule for Cash Flow Information
Cash paid during the year for:
Non-cash capital expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-