LGL GROUP INC LGL Cash Flow

Lgl group inc (LGL)

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
OPERATING ACTIVITIES
Net income
183,000	965,000	4,530,000	939,000	582,000	262,000	478,000	472,000	193,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	111,000	226,000	32,000	16,000	-126,000	-137,000	-195,000	-201,000	-178,000	-255,000	-492,000	-1,269,000	-809,000	-1,973,000	-1,199,000	-4,964,000	-83,000	-198,000	-314,000	-215,000	-593,000	-296,000	91,000	346,000	241,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
116,000	109,000	107,000	101,000	101,000	102,000	104,000	107,000	104,000	103,000	139,000	158,000	167,000	167,000	168,000	179,000	190,000	197,000	207,000	198,000	202,000	200,000	200,000	210,000	211,000	232,000	239,000	225,000	217,000	216,000	182,000	171,000	160,000	178,000	185,000	168,000	168,000
Amortization of finite-lived intangible assets
19,000	19,000	18,000	20,000	18,000	19,000	18,000	20,000	18,000	19,000	18,000	18,000	20,000	18,000	18,000	18,000	14,000	15,000	16,000	9,000	26,000	18,000	31,000	28,000	24,000	16,000	15,000	23,000	23,000	13,000	21,000	21,000	21,000	36,000	36,000	36,000	36,000
Recovery of note receivable
-	-	-	-	-	0	0	0	4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	0	74,000	-7,000	43,000	0	0	-67,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	5,000	5,000	-	0	0	0	-	-	-	-
Stock-based compensation
10,000	95,000	5,000	6,000	6,000	45,000	6,000	6,000	7,000	66,000	7,000	8,000	7,000	71,000	9,000	3,000	-16,000	64,000	14,000	174,000	13,000	95,000	27,000	96,000	90,000	187,000	135,000	143,000	110,000	158,000	92,000	89,000	89,000	161,000	84,000	84,000	34,000
Loss from equity investment in unconsolidated subsidiary
-39,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on marketable securities
-325,000	-	-	-	77,000	-	-	-	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense
59,000	126,000	-3,330,000	11,000	13,000	18,000	10,000	25,000	-7,000	29,000	-6,000	25,000	-7,000	-214,000	0	0	0	-	-	-	-	-	-	-	-	0	0	4,135,000	-213,000	-52,000	-147,000	-111,000	-266,000	-208,000	0	120,000	93,000
Changes in operating assets and liabilities:
Increase in accounts receivable, net
374,000	-457,000	-139,000	642,000	1,005,000	-711,000	225,000	228,000	259,000	156,000	172,000	-121,000	-318,000	440,000	-81,000	593,000	-62,000	1,725,000	-761,000	-190,000	-114,000	-274,000	40,000	-329,000	534,000	2,185,000	-682,000	-519,000	129,000	-301,000	196,000	-438,000	502,000	1,511,000	-630,000	-389,000	981,000
Decrease (increase) in inventories, net
-30,000	-460,000	715,000	588,000	707,000	49,000	115,000	294,000	133,000	-32,000	-175,000	32,000	412,000	-59,000	190,000	-73,000	4,000	1,049,000	-18,000	-238,000	-168,000	821,000	-128,000	172,000	-342,000	1,244,000	-500,000	-135,000	111,000	85,000	474,000	-68,000	-164,000	438,000	755,000	-584,000	-338,000
Decrease (increase) in prepaid expenses and other assets
-126,000	-	-	-	52,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in prepaid expenses and other assets
-	-	-	-	-	-	116,000	-65,000	-72,000	-120,000	125,000	-72,000	95,000	-35,000	50,000	-83,000	69,000	55,000	8,000	-86,000	36,000	192,000	7,000	-5,000	-90,000	695,000	-67,000	-77,000	-210,000	-378,000	-39,000	15,000	0	-124,000	-11,000	38,000	-18,000
Increase in accounts payable, accrued compensation and commissions and other accrued liabilities
389,000	-528,000	714,000	-188,000	1,243,000	-423,000	356,000	13,000	179,000	217,000	-256,000	-199,000	110,000	150,000	235,000	186,000	63,000	-242,000	-245,000	-325,000	-197,000	-720,000	-85,000	457,000	46,000	482,000	-201,000	139,000	-765,000	-53,000	27,000	-86,000	382,000	-975,000	-637,000	771,000	-54,000
Net cash provided by operating activities
922,000	1,577,000	1,353,000	-386,000	122,000	967,000	419,000	112,000	158,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	239,000	437,000	-736,000	-470,000	492,000	-622,000	131,000	721,000	-133,000	590,000	1,143,000
INVESTING ACTIVITIES
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	219,000	10,000	225,000	-28,000	71,000	-336,000	611,000	302,000	112,000	-205,000	-518,000	-36,000	-540,000	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of marketable securities, net
-	-	0	0	5,000,000	-	-	-	-	-	-34,000	0	1,002,000	2,695,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures
56,000	337,000	134,000	289,000	403,000	92,000	30,000	30,000	172,000	111,000	-8,000	22,000	6,000	60,000	36,000	28,000	48,000	52,000	101,000	13,000	256,000	99,000	111,000	41,000	12,000	97,000	123,000	88,000	140,000	101,000	191,000	320,000	294,000	409,000	119,000	597,000	569,000
Asset acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	748,000	-	0	0	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-1,008,000	-2,681,000	-331,000	15,000	-48,000	-52,000	-101,000	81,000	-256,000	-	-111,000	-41,000	-760,000	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	6,562,000
Net cash used in investing activities
-56,000	-337,000	-134,000	-289,000	-5,403,000	12,183,000	-12,305,000	-30,000	-172,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-69,000	-123,000	-88,000	-140,000	-101,000	-191,000	-320,000	-294,000	-409,000	-119,000	-597,000	-569,000
FINANCING ACTIVITIES
Proceeds from at-the-market stock sales
3,254,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowing on note payable to bank
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-214,000	-95,000	-205,000	501,000	-133,000	201,000	1,067,000	439,000	70,000	325,000	-3,351,000	0	0
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	105,000	214,000	-	-	-	-	-	-	-	-	-	-	-	-
Costs from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-89,000	0	0	158,000
Proceeds from stock option exercise
58,000	52,000	122,000	197,000	71,000	0	5,000	0	22,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	58,000	87,000	86,000	85,000	84,000	95,000	53,000	596,000	73,000
Net cash provided by financing activities
3,312,000	52,000	122,000	197,000	71,000	-28,000	932,000	0	22,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-56,000	183,000	-560,000	75,000	-288,000	1,257,000	-4,524,000	-154,000	-319,000	2,983,000	-60,000	6,331,000
Increase (decrease) in cash and cash equivalents
4,178,000	-	-	-	-5,210,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	82,000	8,000	11,274,000	-182,000	169,000	-789,000	-2,675,000	-110,000	-13,000	23,000	-388,000	510,000	383,000	-144,000	-304,000	-629,000	28,000	-1,086,000	-729,000	299,000	-211,000	-801,000	-859,000	1,558,000	-5,466,000	-317,000	-7,000	2,731,000	-67,000	6,905,000
Supplemental Disclosure:
Cash paid for interest
6,000	0	0	0	6,000	0	6,000	6,000	11,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,000	-5,000	0	5,000	0	0	-7,000	7,000	-91,000	93,000	8,000	11,000	16,000	25,000	49,000	5,000	39,000	21,000	22,000	9,000
Cash paid for income taxes
72,000	14,000	14,000	48,000	10,000	24,000	11,000	25,000	9,000	15,000	6,000	2,000	18,000	14,000	11,000	7,000	20,000	10,000	11,000	0	0	0	11,000	11,000	10,000	9,000	27,000	0	0	105,000	28,000	-8,000	32,000	398,000	0	0	35,000