Limbach Holdings, Inc. LMB Cash Flow

Limbach holdings, inc. (LMB)

CashFlow / Quarterly

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
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
995	-3,412	-1,504	2,146	3,374	-3,504	709	-2,424	1,129	128	669	-1,214	-2,511	1,813	-559	-384	4,771	-192	-71	-136	-106	-82	-0
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Depreciation, Depletion and Amortization
2,052	1,361	1,460	1,413	1,467	1,418	1,427	1,371	1,735	2,024	2,713	2,646	2,967	2,789	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
-9	71	23	10	7	10	27	20	-30	44	-21	266	85	134	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
393	491	515	367	496	542	654	467	732	924	0	0	0	0	-	-	-	-	-	-	-	-	-
Capitalized deferred interest on subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	0	84	-	-	-	-	-	-	-	-	-
Amortization of debt discount and issuance costs
-	391	326	184	-	85	76	68	46	45	45	45	440	52	-	-	-	-	-	-	-	-	-
Deferred tax benefit
297	-1,145	-469	708	286	-281	293	-1,043	952	330	404	-1,083	-1,221	-2,667	-	-	-	-	-	-	-	-	-
Accretion of preferred stock discount to redemption value
-	-	-	-	-	-	-	-	2	15	2	2	4	0	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment
19	17	9	12	14	36	24	16	9	6	-99	-37	-229	-21	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-8,355	589	10,682	-3,575	-4,635	2,983	10,541	-2,481	9,918	16,930	-4,987	-6,231	-9,249	42,855	-	-	-	-	-	-	-	-	-
Costs and estimated earnings in excess of billings on uncompleted contracts
-	-	1,860	1,472	-	-	2,754	-3,037	3,326	-440	397	-2,237	4,575	-10,831	-	-	-	-	-	-	-	-	-
Other current assets
-407	406	-339	-29,799	-2,203	32,677	-441	1,129	-627	-143	-501	573	-800	251	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	913	430	-719	79	210	0	-1	0	0	-1	-94	-	-	-	-	-	-	-	-	-
Prepaid assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-9	-	-0	-21	-21	-21	94	0
Increase (decrease) in accounts payable
-	3,245	-1,010	-3,641	-	-1,283	-655	-5,362	11,108	10,497	-8,004	-3,197	8,939	7,722	497	325	2,505	153	-33	32	260	-191	0
Billings in excess of costs and estimated earnings on uncompleted contracts
-	-	2,339	-6,646	-	-	12,768	2,639	-4,524	2,864	-3,912	-5,075	-3,734	12,857	-	-	-	-	-	-	-	-	-
Prepaid income taxes
-	-	-	589	-533	2	-2,088	-134	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other current liabilities
-	-	-	-30,099	-	-	-	-16	426	-5,995	7,744	-4,955	5,557	-6,035	-	-	-	-	-	-	-	-	-
Other long-term liabilities
-235	-15	53	-140	327	71	78	177	106	-159	191	-94	145	28	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
16,658	-1,923	-11,529	-4,132	23,103	1,539	754	-74	1,276	-5,635	5,021	-4,727	18,497	-15,383	-	-	-	-	-	-	-	-	-
Cash flows from investing activities:
Deferred offering cost payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-246
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-51	-50	809	-37	-83	-81	-70	-367	246
Proceeds from sale of property and equipment
20	71	64	13	38	37	52	71	22	41	0	7	2,016	69	-	-	-	-	-	-	-	-	-
Decrease (increase) in advances to joint ventures
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Advances to joint ventures
-1	-2	-1	0	2	-1	1	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances to joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	3	1	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
471	963	645	584	429	1,331	1,342	775	974	673	1,026	630	813	468	-	-	-	-	-	-	-	-	-
Acquisition of Limbach Holdings LLC, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	0	32,158	-	-	-	-	-	-	-	-	-
Proceeds from trust account
-	-	-	-	-	-	-	-	-	-	-	-	-1,540	19,545	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-450	-890	-580	-571	-393	-1,293	-1,291	-703	-952	-633	-1,026	-623	-340	-13,013	-	-	-	-	-	-	-	-	-
Cash flows from financing activities:
Bank overdrafts
-7,435	3,319	4,116	-1,333	-7,203	-4,112	9,168	-4,299	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in bank overdrafts
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Proceeds from investment in restricted cash and investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-36	-9	-	14	6	6	5	46,003	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	9	-2,295	-14	-6	-6	-5	-46,003	0
Proceeds from revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-16,567	16,567	-	-	-	-	-	-	-	-	-
Proceeds from term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	24,000	-	-	-	-	-	-	-	-	-
Proceeds from subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	84	13,000	-	-	-	-	-	-	-	-	-
Payments on Credit Agreement term loan
-	-	-	900	-	-	-	750	750	750	2,615	750	-4,809	8,301	-	-	-	-	-	-	-	-	-
Payments on Credit Agreement term loan
-	-	-	-	-	-	-	-	-	-	-	-	1,500	0	-	-	-	-	-	-	-	-	-
Proceeds from Credit Agreement revolver
-	-	-	17,500	-	-	-	41,296	36,800	30,209	31,519	13,034	34,501	0	-	-	-	-	-	-	-	-	-
Payments on Credit Agreement revolver
-	-	-	7,000	-	-	-	34,849	43,357	17,994	37,519	7,034	34,501	0	-	-	-	-	-	-	-	-	-
Payments on term loan
-	-	-	-	-	-	-	-	0	0	13	20	-731	1,270	-	-	-	-	-	-	-	-	-
Proceeds from Bridge Term Loan
-	0	0	0	-	0	0	10,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Payments on Bridge Term Loan
-	0	7,486	250	-	250	1,514	250	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Payments on subordinated debt facility
-	-	-	-	-	-	-	-	-	-	-	-	0	23,604	-	-	-	-	-	-	-	-	-
Payments on financed insurance premium
-	-	-	-	-	-	-	-	388	583	573	591	0	0	-	-	-	-	-	-	-	-	-
Payments of distributions
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Payments on finance leases
-	663	590	550	522	460	482	475	440	446	400	404	385	345	-	-	-	-	-	-	-	-	-
Convertible preferred stock redeemed
0	0	0	0	0	0	0	9,191	-245	4,092	0	0	-	-	-	-	-	-	-	-	-	-	-
Convertible preferred stock dividends paid
0	0	0	0	0	0	0	875	245	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Taxes paid related to net-share settlement of equity awards
8	94	0	29	1	127	2	81	104	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Redemption of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-
Proceeds from issuance of redeemable convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-2	9,948	-	-	-	-	-	-	-	-	-
Proceeds from sale of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	25
Payments of debt issuance costs
438	0	2,789	550	765	0	0	0	-	-	-	-	0	1,313	-	-	-	-	-	-	-	-	-
Proceeds from note payable - stockholder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	125
Proceeds from sale of units in IPO, including over-allotment, net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,168	-
Proceeds from private placement of units, including over-allotment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,980	-
Proceeds from private placement of $15 exercise price warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	-
Deferred costs associated with initial public offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-306	306
Proceeds from sale of underwritter purchase option
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	46,755	-156
Net cash provided by (used in) financing activities
-8,624	2,562	9,316	6,888	-21,617	24	418	526	-459	6,344	-9,601	4,235	-11,059	28,682	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash, cash equivalents and restricted cash
-	-	-	2,185	-	-	-	-251	-135	76	-5,606	-1,115	7,098	286	-15	-41	-2,273	-52	-90	-88	-76	384	89
Supplemental disclosures of cash flow information
Noncash investing and financing transactions:
Property and equipment acquired financed with capital leases
-2,685	1,104	857	724	1,271	468	803	718	457	626	325	393	792	467	-	-	-	-	-	-	-	-	-
Financed insurance premium
-	-	-	-	-	-	-	-	0	0	0	2,135	0	0	-	-	-	-	-	-	-	-	-
Interest paid
1,516	1,470	1,025	596	589	941	455	729	455	500	518	409	2,591	799	-	-	-	-	-	-	-	-	-
Accrual of deferred offering cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	306	-