Limoneira CO LMNR Cash Flow

Limoneira co (LMNR)

CashFlow / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11
Operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-6,904	-3,213	-397	2,820	-4,676	-3,217	8,200	6,606	8,623	-2,658	7,743	3,536	-2,072	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,912	-	5,313	2,563	-1,448	-2,835	8,932	2,113	-1,219	-1,084	6,607	2,505	-3,122	141	5,081	737	-2,809	554	4,635	-264	-3,327
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
2,565	2,306	2,080	2,121	2,126	2,065	1,776	1,744	1,690	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	1,577	1,476	1,450	1,285	1,128	1,205	1,010	980	989	952	902	845	817	765	551	545	542	560	505	546	520	546	561	532	568
Gain on disposals of assets
250	-	0	-11	22	-	5	-94	-99	-	0	-165	-50	-4	-91	0	-30	-8	-110	-87	-160	-97	-100	-125	-183	0	0	0	0	10	-12	-17	-188	-	-	-	-
Gains (Losses) on Sales of Investment Real Estate
-	-	-	-	-	0	0	0	25	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock compensation expense
829	355	208	439	789	152	277	231	708	240	208	293	587	297	499	120	393	278	82	148	569	224	251	169	472	78	124	125	426	136	360	135	316	152	140	101	402
Income (Loss) from Equity Method Investments
-120	624	480	1,927	42	543	123	-126	43	40	76	-141	74	428	235	-143	114	50	205	-97	85	-	-	-	-	207	133	-1,806	17	186	15	-25	-3	116	-14	-30	9
Cash distributions from equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	347	0	183	313	131	-101	53	100	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-3,136	-557	426	792	-1,434	-1,788	5,262	-194	-10,587	2,292	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
20	-	-	-	8	-	-	-	7	-	-	-	13	-	-	-	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest income from derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	269	221	221	212	172	196	159	109	-87	38	477
Accrued interest on notes receivable
6	52	54	53	39	56	53	53	30	5	6	6	6	6	7	5	5	4	12	12	12	1	20	20	19	19	20	20	19	19	20	19	20	15	23	23	23
Equity Securities, FV-NI, Unrealized Gain (Loss)
-2,024	13	-1,769	3,612	-3,910	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on stock in Calavo Growers, Inc.
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
8,433	-6,002	4,176	855	4,983	-796	-2,253	3,761	2,523	222	-4,073	5,887	-479	-3,263	559	3,160	1,424	-210	-4,107	418	4,083	-3,918	-24	-567	5,319	-3,992	-289	2,683	3,516	-4,092	941	1,790	2,903	-4,754	2,145	1,570	830
Cultural costs
-3,746	197	964	306	-2,914	500	2,358	4	-2,116	687	1,618	-319	-2,179	1,075	1,349	-230	-2,266	1,057	1,294	6	-2,132	1,001	1,279	-221	-2,492	53	183	-143	-809	629	504	458	-263	267	109	-96	-413
Prepaid expenses and other current assets
513	-2,144	3,283	-1,082	2,491	-1,053	-98	-12	1,064	-1,148	486	-164	688	-148	-471	2	539	-361	-251	365	23	313	-703	183	577	490	-865	129	476	287	-532	290	576	-354	-339	273	461
Income taxes receivable
0	601	378	-391	13	58	-250	0	0	570	0	-4,048	1,238	2,810	-1,453	-539	1,992	0	-442	-1,456	755	1,143	0	-840	840	0	-641	-1,726	1,655	712	-2,119	-785	1,580	1,324	-2,400	-553	1,712
Other assets
-139	-32	-91	220	-90	160	-1	-70	45	145	-284	-32	-104	10	-64	-92	-166	494	-41	-69	-98	-104	-41	-92	-107	-194	201	58	63	56	29	-90	186	3	52	22	91
Accounts payable and growers payable
-2,314	-12,113	5,558	7,526	2,421	-3,220	1,683	5,116	-2,872	-9	1,107	1,674	-2,301	457	928	-814	237	1,200	-963	-1,732	622	917	-285	455	3,038	-1,005	-1,180	-1,289	3,567	-1,548	-488	1,863	2,009	-1,322	-273	1,846	12
Accrued liabilities
-267	4,748	-279	76	-3,003	2,915	-1,314	2,145	-1,145	-3,231	4,408	481	-2,921	-3,248	6,437	-178	-1,762	-1,097	2,637	1,185	-4,403	-2,427	5,276	1,584	-3,521	-278	3,578	38	-1,330	-10	953	462	-134	-328	165	-17	-444
Other long-term liabilities
-	-	-	-	-	49	-2	25	24	94	62	75	-32	32	-92	30	159	2,219	86	86	86	42	39	-84	166	114	-736	114	212	-655	36	32	84	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,737	-510	-5,357	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
171	-	-	-	-48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	118	104	226
Net cash used in operating activities
-12,209	-2,909	256	8,511	-4,493	-4,806	16,120	12,150	-5,067	-1,640	17,575	6,890	-4,343	-	-	-	-	-	-	4,321	-5,840	-	15,118	6,777	-4,120	611	10,437	-516	-4,863	2,012	7,536	1,960	-4,984	4,786	6,057	910	-5,753
Investing activities
Capital expenditures
3,672	3,254	4,462	3,053	5,098	4,870	3,583	3,387	2,033	3,294	3,931	3,345	2,331	2,989	3,327	4,075	5,861	7,519	7,374	9,296	7,065	11,681	4,802	4,619	4,764	2,383	3,353	2,774	1,918	2,112	2,581	2,107	1,667	-	-	-	-
Net proceeds from sales of real estate development assets
-	-	-	-	-	-	0	0	1,543	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Land Held-for-use
0	-	0	0	397	-	13,111	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of LLC Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	18,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,678	1,927	1,230
Payments to Acquire Businesses, Gross
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	15,098	3,389	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Collections of installments on note receivable
0	0	0	0	150	200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash distributions from equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	257
Equity investment contributions
2,800	0	0	0	4,000	0	0	0	3,500	0	3,000	0	4,450	1,615	825	450	0	0	0	0	9	1,750	0	0	8	0	0	45	80	0	0	54	44	0	0	44	44
Cash distribution from equity investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	110	0	0	-	-	-	-	-	-	-	-
Investments in mutual water companies
43	0	456	-444	460	6	321	10	6	9	321	23	6	5	278	5	8	7	278	7	8	6	278	7	8	7	296	8	8	8	288	7	8	26	0	8	120
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-411	-4,530	-2,967	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-5	0	15	-	-	-	-
Net cash used in investing activities
-6,515	7,726	-14,966	-6,609	-9,805	45	-42,015	-4,841	-3,996	-3,303	-7,158	-9,168	-6,787	-	-	-	-	-	-	-9,303	-7,082	-	-5,780	-4,626	-4,780	-14,006	2,174	2,311	-2,006	-3,704	-3,667	-2,168	-1,734	-1,500	340	827	-1,137
Financing activities
Borrowings of long-term debt
36,631	27,578	36,981	22,370	35,970	32,229	93,326	13,842	27,959	20,004	94,559	29,186	37,680	29,721	23,448	44,029	60,225	27,150	27,664	28,710	36,960	76,827	13,240	10,671	17,027	16,905	7,005	22,960	11,580	12,310	9,039	8,625	10,070	7,611	6,855	7,764	9,392
Repayments of long-term debt
15,895	30,831	21,319	22,582	19,262	25,842	130,317	20,139	17,425	15,490	102,348	25,806	25,288	28,626	38,859	38,094	50,824	22,126	30,968	22,963	22,957	60,576	22,160	21,485	7,322	2,758	18,902	60,104	4,212	9,935	12,499	7,917	2,929	10,471	12,837	9,057	2,324
Dividends paid – common
1,338	1,333	1,333	1,333	1,332	1,105	1,104	908	908	793	792	788	782	709	709	708	708	636	634	634	635	634	634	527	526	526	499	499	420	420	350	350	350	350	350	350	350
Dividends paid – preferred
125	125	125	126	125	125	125	126	125	125	125	155	155	157	156	157	158	158	160	158	159	159	140	65	66	65	66	65	66	65	66	65	66	65	66	65	66
Exchange of common stock
213	300	0	0	305	255	0	0	401	0	0	0	294	0	0	0	190	0	0	0	275	1	0	6	169	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Debt Issuance Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	12	26	68	0	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
19,060	-5,046	14,204	-1,671	14,946	4,902	25,877	-7,331	9,100	3,596	-8,814	2,437	11,161	-	-	-	-	-	-	4,955	12,934	-	-9,706	-2,138	8,876	13,320	-12,488	-1,785	6,882	1,694	-3,876	196	6,725	-3,275	-6,398	-1,750	6,652
Effect of exchange rate changes on cash
-78	-98	-42	-20	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash
258	-327	-548	211	671	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,276	5,026	8,345	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes in cash
-	-	-	-	-	-	-	-	17	-	-9	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash
-	-	-	-	-	-	-	-	54	-	1,594	159	31	-58	50	-14	21	7	-45	-27	12	39	-18	13	-24	-75	123	10	13	2	-7	-12	7	11	-1	-13	-238
Supplemental disclosures of cash flow information
Cash paid during the period for interest (net of amounts capitalized)
1,078	514	691	427	900	38	397	386	764	346	193	699	403	609	104	465	227	-10	107	-30	-12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the year for interest (net of amounts capitalized)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	556	603	571	-1,227	0	814	891	827	882	881	889	937	955	953	947
Cash paid during the year for income taxes, net of (refunds received)
-	-	-	-	-	0	110	100	0	960	400	-1,900	0	2,120	0	0	5	3,603	-640	0	0	-	-	-	1,855	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-300	0	-	-	-	-	-	-	-	-
Non-cash investing and financing activities:
Unrealized holding gain on Calavo investment
-	-	-	-	-	12,405	360	-2,010	-3,990	8,835	-2,535	-3,090	1,155	-1,643	2,237	1,952	122	-2,498	1,930	5,270	-4,215	7,025	1,700	355	345	3,423	600	734	-864	3,625	1,130	-984	-3,079	-373	219	1,383	-784
Decrease in real estate development and sale-leaseback deferral
0	116,660	0	0	-58,330	-41,665	5,306	5,699	2,726	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification from real estate development to equity in investments
0	-	0	0	-33,353	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in real estate development and sale-leaseback deferral
-	-	-	-	-	-	-	-	-	-	1,236	1,147	1,833	1,000	758	477	1,114	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash receipt of note receivable
-	-	-	-	-	0	0	0	3,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash reduction of note receivable
-	-	-	-	-	-	11	0	68	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of lease obligation related to agriculture property acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,478	-739	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest on note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	23
Capital expenditures accrued but not paid at period-end
119	-66	-201	167	233	68	32	65	234	99	-96	135	289	163	294	-188	325	-384	610	-217	1,261	413	-218	213	726	112	119	71	185	15	188	-39	84	3	125	-31	148
Accrued equity investment contribution
-	-	-	-	-	-	-	-	-	-	6	6	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest on note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	4	12	12	12	1	20	20	19	19	20	20	19	19	20	19	20	-	-	-	-
Accrued contribution obligation of investment in water company
450	-	-	0	450	-	-	0	315	-	-	0	315	-	-	0	270	0	-170	0	270	0	-170	0	270	0	-170	0	270	0	-170	0	270	-	-	-	-
Accrued Series B-2 Convertible Preferred Stock dividends
31	-	0	0	31	-	0	0	31	-	0	0	31	-31	0	0	31	-	0	0	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Donation of common stock
450	-	-	0	450	-	-	0	315	-	-	0	315	-	-	0	270	0	-170	0	270	0	-170	0	270	0	-170	0	270	0	-170	0	270	-	-	-	-