Lifeway Foods, Inc. LWAY Cash Flow

Lifeway foods, inc. (LWAY)

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	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
Cash flows from operating activities:
Net income (loss)
1,054	-72	-141	-388	-2,812	-514	170	70	-1,749	243	1,036	124	481	-64	2,107	955	327	892	99	654	-24	1,013	669	297	-469	1,689	1,403	2,365	1,073	1,402	2,049	1,094	-365	1,030	265	1,925
Adjustments to reconcile net income (loss) to operating cash flow:
Depreciation and amortization
951	782	787	818	844	901	889	843	807	786	765	754	694	709	810	807	783	793	783	770	693	789	806	962	578	588	599	571	590	604	601	587	584	592	586	572
Bad debt expense
-13	17	3	0	-29	30	0	20	480	0	0	0	-	-	-	-	-	-	-	-	128	-80	30	126	6	0	-25	51	103	159	165	6	-31	60	0	20
Reserve for inventory obsolescence
-229	-33	180	30	-22	309	141	130	54	189	81	50	111	89	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
124	179	182	353	-25	332	109	386	-305	126	326	449	226	58	21	21	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of investments, net
-	-	-	-	-	-	-	-	-	-	-	-	0	12	-15	-12	-	-	-	-5	59	-22	57	4	73	0	56	64	44	4	4	17	6	-33	0	-2
Non-cash interest expense
-	5	6	6	-	6	3	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-25	-24	-24	-	-24	-24	-24	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value gain on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90	205	0	180	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-113	-120	-156	-196	63	-343	-243	-196	-6	-127	87	-192	23	21	-294	-185	254	-30	-36	-119
Gain on sale of property and equipment
6	154	4	25	12	28	-1	15	1	-34	0	-5	23	-156	-151	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (Gain) on sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	0	207	36	-1	85	-76	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss (Gain) on sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
(Increase) decrease in operating assets:
Accounts receivable
107	-981	198	1,099	-1,826	-487	401	-467	-1,594	21	-1,783	2,576	-1,115	321	-70	572	-1,047	373	134	33	-1,603	2,276	-1,197	468	-870	1,401	-2,033	3,244	-892	495	1,083	526	-1,154	531	544	1,573
Other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	107	-29	-34	-11	13	83	0	-3	4	-100	-51	-68	209	5	-65	-29
Inventories
-595	-117	508	727	-1,042	-37	-191	-52	-299	143	548	-363	-1,032	-38	312	1,337	731	642	-37	513	-1,320	324	-545	456	-1,483	575	726	1,141	369	143	221	250	-825	171	856	766
Refundable income taxes
-146	-451	20	-1,490	-211	149	15	448	1,576	429	33	0	-212	2	-162	232	320	-612	651	-1,050	1,098	-1,535	-1,039	1,602	-	-	-	-	0	84	0	-41	41	0	0	-906
Prepaid expenses and other current assets
127	91	251	57	-213	-293	399	185	-34	-269	587	-87	274	-138	365	83	157	-8	-64	-180	197	-101	116	-88	39	-549	519	-4	51	-51	56	-39	-6	-113	72	-31
Increase (decrease) in operating liabilities:
Accounts payable
-1,687	1,509	-143	1,031	-1,692	-1,009	135	288	-254	820	-1,989	2,553	-3,043	2,080	-764	-946	2,625	-534	1,602	-1,464	-1,731	2,567	-2,207	235	1,292	-1,736	700	2,209	-862	349	172	211	-143	354	393	-402
Accrued expenses
730	-721	981	-207	-270	-435	476	-629	459	-1,007	898	361	134	-300	354	411	-990	-1,599	1,242	1,395	822	-1,376	-111	1,448	-39	228	-103	42	261	300	-161	201	-263	305	-43	86
Accrued income taxes
90	0	-24	-19	24	0	-19	-102	129	-1	-659	80	901	-361	628	-52	-397	434	-130	145	0	0	0	0	-1,292	68	761	208	-1,087	-297	1,360	279	-351	-27	-51	430
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,877	-1,016	2,367	-325	2,566	2,137	1,414	1,575	1,661	440	2,217	-1,403	4,211	814	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-1,142	2,945	826	1,182	71	237	1,256	853	-381	866	1,073	2,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,964	2,579	1,548	1,449	1,744	-295	1,143
Cash flows from investing activities:
Purchases of investments
0	0	0	15	0	500	0	0	-	-	-	-	0	80	106	373	120	82	282	1,005	960	545	959	814	641	304	1,302	1,271	359	349	425	318	627	1,223	137	445
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	0	1,727	872	152	484	96	441	693	1,037	317	864	554	719	332	778	1,170	673	143	254	404	-	-	-	-
Redemption of certificates of deposit
-	-	-	-	-	-	-	-	-	-	-	-	0	0	150	363	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of certificates of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22	-150	0	-100	0	0	0	-15	-89	0	-134	-200	-150	150	0	0	-	-	-	-
Investments in certificates of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	250	300	85	150	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-234
Purchases of property and equipment
568	320	153	137	243	557	1,145	879	1,409	1,532	1,322	1,078	756	1,099	1,046	336	376	242	337	1,040	631	1,290	953	807	274	7,657	223	324	653	296	247	231	197	494	393	353
Proceeds from sale of property and equipment
9	477	5	31	14	55	3	32	13	3	0	34	23	110	39	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	1	306	36	-25	85	4	0	173	537	0	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-91	-194	20	-327	-172	-1,301	-729	-1,433	-1,044	-1,053	66	-7,091	-612	-225	-	-	-	-	-	-	-	-
Net cash used in investing activities
950	157	-148	-121	271	-1,002	-1,142	-847	-1,396	-1,554	-1,322	-1,044	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-652	-418	-145	-5	-1,260	-283	-564
Cash flows from financing activities:
Purchase of treasury stock
0	153	180	205	70	141	116	1,052	299	1,187	0	0	0	0	298	440	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of line of credit
-	459	0	1,330	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,542	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Checks written in excess of bank balances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-711	378	-258	-278	-838	641	-274
Purchases of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	129	163	176	158	50	125	846
Repayment of notes payable
0	0	0	0	0	0	6,069	210	210	210	210	210	210	210	210	210	210	210	346	271	219	216	222	219	219	179	91	135	428	91	384	926	1,752	883	865	613
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-508	-650	-1,752	-210	-346	-271	-219	-216	-222	-219	-219	4,795	-1,399	-135	-	-	-	-	-	-	-	-
Net cash used in financing activities
-1,484	-612	-180	-1,535	-70	-141	-204	-1,262	-509	-1,397	-210	-210	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-932	-1,316	-1,362	-1,189	-1,021	-98	-1,733
Net increase (decrease) in cash and cash equivalents
-1,676	2,490	498	-474	272	-906	-90	-1,256	-2,286	-2,085	-459	996	-352	3,100	2,278	-1,860	635	-862	2,048	565	465	-74	394	-831	2,065	-3,699	2,199	453	-93	379	843	41	254	-537	-677	-1,154
Supplemental cash flow information:
Cash paid for income taxes, net of (refunds)
72	-468	56	-1,525	-1	12	125	587	284	605	1,493	0	535	0	0	886	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
45	65	65	84	72	81	45	63	61	62	61	57	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets recognized at ASU 2016-02 transition
-	0	0	944	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liability recognized at ASU 2016-02 transition
-	0	0	997	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets and operating lease liabiliites recognized after ASU 2016-02 transition
-	0	38	242	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes, net of refunds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,450	-88	843	40	948	22	0	2,109	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	58	57	54	59	65	71	62	66	66	-	-	-	-	-	-	-	-	-	-	-	-