MILLER INDUSTRIES INC /TN/ MLR Cash Flow

Miller industries inc /tn/ (MLR)

CashFlow / TTM

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
35,882	39,111	38,218	38,819	35,736	33,746	32,243	28,022	25,847	23,016	18,173	19,239	20,401	19,922	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,755	18,081	15,602	14,838	11,349	10,379	9,781	8,688	8,196	8,562	8,319	9,122	0	0	0	-	-	-	-
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization
9,273	9,127	8,780	8,441	8,106	7,745	7,555	6,979	6,547	6,147	5,638	5,316	5,071	4,828	4,638	4,484	4,388	4,317	4,195	4,173	4,111	4,015	3,819	3,787	3,801	3,763	3,827	3,806	3,791	3,807	3,879	3,793	3,713	3,675	0	0	0
Loss on disposal of property, plant and equipment
16	21	-15	-19	-197	-156	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
10	15	18	201	213	214	281	251	91	86	-671	-598	-454	-462	274	267	273	282	270	249	250	243	234	214	209	211	193	195	243	257	304	304	256	240	0	0	0
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	332	400	399	399	399	0	0	0
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	106	106	27	99	120	120	225	455	434	434	426	0	0	0	-	-	-	-
Issuance of non-employee director shares
194	150	150	150	150	150	150	150	150	150	150	150	150	96	96	96	96	96	96	96	96	96	96	96	96	75	75	75	75	75	75	75	75	100	0	0	0
Loss on the deconsolidation of subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-83	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) Loss on disposals of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	0	0	0	-	-	-	-	-	-	-	-
Deferred tax provision
0	-	0	0	0	-	0	0	-636	-	3,228	3,240	3,217	3,219	518	633	569	573	362	253	309	147	-484	-361	-409	-225	232	1,173	1,240	1,210	871	-188	-239	206	0	0	0
Changes in operating assets and liabilities:
Accounts receivable
-14,699	19,605	10,387	52,630	50,255	19,353	23,157	13,798	3,059	6,668	8,746	-3,699	4,871	17,253	11,874	7,770	13,727	-5,736	18,145	36,887	35,355	36,342	15,981	16,757	18,363	21,993	20,558	12,156	-10,524	-1,884	-9,073	815	-9,408	1,365	0	0	0
Inventories
-2,836	-5,453	15,082	8,435	17,533	23,865	17,650	12,420	7,826	2,844	-865	-366	-2,923	-1,018	1,303	11,744	10,306	11,015	285	4,607	5,726	3,284	11,497	2,673	7,036	8,506	8,187	3,482	-1,912	-3,033	-8,521	-941	-636	9,360	0	0	0
Prepaid expenses
1,917	1,529	1,150	1,346	-597	-989	394	342	222	-765	535	444	2,807	3,361	269	500	-886	31	-224	-293	704	-151	323	964	540	173	754	495	12	-270	-98	335	597	-1,338	0	0	0
Other assets
-345	-609	-866	-750	-533	-60	45	58	-4	-8	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-10,253	-2,165	14,819	38,203	25,995	19,425	22,647	9,988	-4,993	-5,806	9,801	4,096	722	12,931	-6,403	-2,256	8,341	3,819	12,770	26,163	31,786	24,662	14,226	8,261	9,820	16,164	19,566	12,517	-6,092	-8,893	-7,161	-1,088	-3,895	5,886	0	0	0
Accrued liabilities
-1,556	2,279	-2,201	-586	1,811	2,062	-342	461	-135	575	3,487	419	1,208	40	-240	2,542	2,154	338	4,440	5,719	3,822	5,394	3,784	1,331	2,458	3,415	2,174	167	-1,729	-4,561	-2,918	-1,826	-1,345	5,495	0	0	0
Net cash flows from operating activities
-	-	-	-	-	-	-	-	-	-	-	-	25,540	-	5,163	3,184	9,417	20,165	21,288	13,089	13,740	9,937	5,207	3,270	-226	1,192	4,338	10,063	18,072	6,109	0	0	0	-	-	-	-
Net cash flows from operating activities
51,134	35,132	34,550	24,131	5,952	21,897	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
INVESTING ACTIVITIES:
Purchases of property, plant and equipment
17,762	17,391	16,125	12,387	12,617	13,342	18,098	19,781	22,180	24,693	25,117	26,130	25,670	25,026	25,178	22,028	16,233	11,900	7,524	6,405	6,559	5,345	4,056	2,721	1,817	2,430	2,925	3,318	3,013	2,889	4,553	4,327	4,044	3,961	0	0	0
Proceeds from sale of property, plant and equipment
0	-	-	-	-	141	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	48	29	29	1,017	0	0	0
Payments on long-term obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	0	0	0	-	-	-	-
Net cash flows from investing activities
-17,424	-17,063	-16,070	-12,371	-12,536	-13,201	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
FINANCING ACTIVITIES:
Net (payments on) proceeds from notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	28	38	75	76	92	82	39	33	12	12	39	177	0	0	0
Net cash flows from investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-25,667	-	-25,173	-22,023	-16,233	-11,899	-7,526	-6,403	-6,547	-5,325	-4,012	-2,664	-1,723	-2,335	-2,830	-3,217	-2,955	-2,836	0	0	0	-	-	-	-
Net proceeds under credit facility
0	-	-	0	0	-	-	-	-	-	0	0	0	5,000	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Payments of cash dividends
8,209	8,208	8,207	8,205	8,203	8,200	8,198	8,195	8,194	8,188	8,068	7,948	7,829	7,715	7,601	7,487	7,373	7,253	7,133	7,015	6,895	6,778	6,660	6,539	6,417	6,294	6,164	6,028	5,894	5,762	5,652	5,578	5,568	5,546	0	0	0
Net payments on other long-term obligations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds (payments) on other long-term obligations
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease obligation payments
20	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	186	192	187	99	186	292	386	388	621	1,008	915	959	851	1,018	1,318	2,452	2,766	0	0	0
Net cash flows from financing activities
-8,595	-18,597	-8,599	-3,539	11,433	-2,965	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	106	106	27	99	120	120	225	455	434	434	426	0	0	0	-	-	-	-
Net cash flows from financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-7,826	-	12,293	12,417	2,627	-7,067	-6,830	-6,722	-6,690	-6,565	-6,269	-6,033	-5,909	-5,448	-4,700	-4,678	-4,512	-4,500	0	0	0	-	-	-	-
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND TEMPORARY INVESTMENTS
-1,000	-437	-1,087	-698	-926	-589	-279	893	3,196	2,653	1,610	240	-894	-525	-408	3	-770	-2,347	-2,246	-3,045	-2,742	-1,314	148	1,066	975	864	905	485	-765	-335	0	0	0	-	-	-	-
NET CHANGE IN CASH AND TEMPORARY INVESTMENTS
24,115	-965	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND TEMPORARY INVESTMENTS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
NET CHANGE IN CASH AND TEMPORARY INVESTMENTS
-	-	-	-	-	-	-	-	-9,443	-	659	2,478	-8,847	-7,334	-8,125	-6,419	-4,959	-1,148	4,686	-3,081	-2,239	-3,267	-4,926	-4,361	-6,883	-5,727	-2,287	2,653	9,840	-1,562	7,839	-14,171	-1,486	3,819	0	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash payments for interest
3,056	3,249	3,149	2,971	2,703	2,437	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash payments for interest
-	-	-	-	-	-	-	-	-	-	-	-	2,042	-	1,647	1,591	1,440	1,432	1,371	1,191	1,120	1,015	990	964	928	912	921	958	1,011	1,070	1,068	1,303	995	968	0	0	0
Cash payments for income taxes, net of refunds
9,854	10,067	10,371	9,007	7,651	7,457	15,069	14,543	12,154	11,605	0	0	9,997	-	10,869	8,657	8,734	8,566	8,328	6,716	6,402	6,454	6,179	5,175	4,531	2,419	1,394	978	2,513	3,858	8,227	13,788	12,762	12,578	0	0	0