Marine products corp (MPX)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
OPERATING ACTIVITIES
Net income

4,208

-

-

-

7,469

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

7,161

8,990

7,609

-

4,564

6,119

5,261

3,722

4,284

4,818

3,921

3,845

3,103

4,429

2,929

2,041

1,882

3,013

1,978

2,142

2,002

1,935

1,449

1,064

2,110

2,173

1,632

3,636

1,200

1,229

666

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

536

-

529

522

505

-

481

432

417

-

389

371

359

-

351

340

331

-

315

201

174

-

177

178

181

-

174

185

186

-

190

196

196

-

216

231

249

Gain on sale of equipment and property

-

-

-

-

-

-

-

-

-

0

0

0

8

9

15

31

48

0

0

0

12

-48

0

5

12

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of discount related to marketable securities, net

-

0

0

0

-5

13

48

65

87

109

127

125

64

205

338

335

274

272

266

263

258

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

576

497

544

544

538

517

528

528

516

447

874

853

508

482

487

487

1,168

512

497

497

487

382

468

460

444

429

429

429

415

360

380

379

376

206

372

372

346

Excess tax benefits for share-based payments

-

-

-

-

-

-

-

-

-

-

-

-

-

26

25

-42

151

35

18

18

185

31

13

14

284

28

13

13

82

232

8

9

130

0

0

0

77

Deferred income tax provision/ (benefit)

528

454

-699

-266

-109

139

-14

124

129

1,771

-325

-203

276

-510

-960

-289

897

856

33

-166

586

-343

-292

-393

223

349

-230

-234

193

-465

-167

-207

341

-60

140

-189

33

(Increase) decrease in assets:
Accounts receivable

2,563

-8,557

412

4,858

6,022

-3,532

-1,118

710

4,761

-4,387

2,231

-3,309

7,429

-4,953

1,223

-1,398

4,959

-2,705

-621

-824

3,037

-1,146

-856

1,371

979

-1,951

-417

1,251

1,344

-1,402

30

-146

1,103

119

-840

119

1,633

Inventories

4,393

-3,460

-5,891

3,080

1,054

-3,101

12,362

-6,531

6,034

-3,436

221

2,653

-3,920

4,790

3,106

2,935

-981

332

2,170

-276

1,593

4,246

-604

-1,371

-2,311

1,272

-1,723

2,793

-1,642

-237

-630

3,237

882

1,767

2,106

-432

-416

Prepaid expenses and other current assets

-614

515

152

262

-668

268

-7,494

7,709

-784

630

-163

495

-689

89

-57

442

-770

293

-38

680

-522

62

34

417

-646

272

59

456

-555

55

190

163

-261

138

-15

133

-246

Income taxes receivable

-174

-

-

-

-

381

-40

-1,009

406

-281

-284

327

923

-491

520

-927

107

-149

713

-366

243

-551

332

-416

-276

558

-379

-587

572

-

-

-

368

0

-17

-412

-129

Other non-current assets

-1,087

437

58

209

651

-664

231

994

2

481

127

193

111

-362

-1,418

90

424

234

-211

36

80

-1,129

-13

139

213

-87

166

-47

152

55

95

-76

-530

221

-173

-30

49

Increase (decrease) in liabilities:
Accounts payable

5,917

-5,738

359

-3,152

7,744

-7,552

-2,381

1,608

7,636

-2,916

-2,074

44

5,145

-3,616

2,723

-4,363

6,738

-5,402

-126

706

4,926

-2,361

1,462

-3,933

2,840

-1,717

-1,361

1,453

2,948

-2,799

1,139

-206

3,120

-1,627

1,248

-1,380

2,867

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

222

-

-102

216

312

-

328

57

104

-78

71

195

-202

-70

364

16

17

Accrued expenses and other liabilities

553

-

843

703

1,956

-

-1,146

-1,025

1,562

-

-733

-113

2,232

-

-1,209

974

1,464

-

-879

335

1,120

-

-522

42

1,741

-

220

-972

1,189

-

230

323

2,451

-

245

-804

745

Other long-term liabilities

-1,183

730

443

674

1,005

-497

-667

1,757

-27

677

-119

963

67

-338

209

147

-1,395

263

-241

67

-348

-1,083

30

196

-133

-51

205

-155

187

70

159

-67

-394

167

-578

488

-98

Net cash provided by operating activities

6,054

5,843

15,711

319

12,044

4,590

69

10,606

7,510

11,218

571

7,800

10,050

2,250

2,809

1,318

9,460

2,539

937

6,842

5,726

-2,492

4,197

-380

9,331

1,364

4,048

-1,193

6,718

-2,032

4,419

-33

5,828

-3,292

2,146

585

3,857

INVESTING ACTIVITIES
Capital expenditures

665

321

294

611

1,108

242

1,191

412

309

883

613

596

318

465

812

339

324

274

648

2,152

804

106

87

156

102

277

55

117

72

81

88

103

82

215

89

20

33

Purchases of marketable securities

-

0

0

0

299

1,134

2,725

8,769

3,581

3,712

1,238

13,002

4,262

3,686

6,409

10,891

7,106

5,593

2,735

5,652

2,296

6,996

3,386

5,071

6,867

3,041

4,466

4,934

2,955

7,005

6,387

15,177

5,513

11,333

7,606

6,748

10,419

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

0

0

0

8

9

0

31

48

-1

0

0

7

1,044

0

5

34

-

-

-

-

-

-

-

-

-

-

-

-

Sales of marketable securities

-

-

-

-

7,530

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales of marketable securities

-

-

-

-

-

-

4,085

1,039

4,675

-

5,407

5,214

2,389

-

3,018

1,963

501

-

3,215

3,489

4,685

-

2,160

100

2,459

-

2,827

5,685

2,599

-

6,319

12,367

5,872

-

-

-

-

Maturities of marketable securities

-

-

0

0

448

-

785

838

350

-

-

-

-

-

8,741

2,414

487

-

-

-

-

-

1,090

1,200

400

-

-

-

-

-

0

225

700

-

2,715

2,570

3,475

Net cash provided by (used for) investing activities

-665

-321

-294

-611

6,571

8,275

954

-7,304

1,135

-608

3,556

-7,314

-2,183

31,253

4,538

-6,822

-6,394

-498

482

-4,065

1,592

4,064

-223

-3,922

-4,076

150

-1,694

646

-428

18,678

-156

-2,688

977

-1,205

-143

-3,234

-6,977

FINANCING ACTIVITIES
Payment of dividends

4,074

7,464

4,083

4,092

4,117

6,880

3,452

3,455

3,465

4,172

2,440

2,456

2,436

2,302

2,307

2,292

2,301

3,050

1,525

1,531

1,532

2,667

1,144

1,146

1,145

2,282

1,140

1,142

1,141

21,548

754

755

755

-

-

-

-

Cash paid for common stock purchased and retired

1,055

1,284

1,271

996

4,896

3,386

930

271

2,935

2,806

1,469

1,023

1,223

33,790

179

106

662

151

113

1,127

868

160

0

776

845

0

0

42

534

252

-48

305

451

0

0

0

447

Excess tax benefits for share-based payments

-

-

-

-

-

-

-

-

-

-

-

-

-

26

25

-42

151

35

18

18

185

31

13

14

284

28

13

13

82

232

8

9

130

0

0

0

77

Proceeds received upon exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

370

0

0

97

0

0

52

2

Net cash used for financing activities

-5,129

-8,748

-5,354

-5,088

-9,013

-10,266

-4,382

-3,726

-6,400

-6,978

-3,909

-3,479

-3,659

-36,066

-2,461

-2,440

-2,812

-3,166

-1,620

-2,640

-2,215

-2,796

-1,131

-1,908

-1,706

-2,254

-1,127

-1,171

-1,593

-21,573

-698

-1,051

-979

0

0

52

-368

Net increase in cash and cash equivalents

260

-3,226

10,063

-5,380

9,602

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

2,245

-

218

-2,993

4,208

-2,563

4,886

-7,944

254

-1,125

-201

137

5,103

-1,224

2,843

-6,210

3,549

-740

1,227

-1,718

4,697

-4,927

3,565

-3,772

5,826

-4,497

2,003

-2,597

-3,488

Supplemental information:
Income tax payments, net

-

-

2,184

2,080

1,446

-

1,888

1,153

1,556

-

2,030

3,074

2,362

-

3,101

928

844

-

2,385

1,497

875

-

1,536

996

100

-

398

316

451

-

961

478

898

-

15

20

12