NATURE’S SUNSHINE PRODUCTS, INC. NATR Cash Flow

Nature’s sunshine products, inc. (NATR)

CashFlow / Quarterly

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
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
3,006	1,220	1,351	2,629	1,729	-2,812	1,339	-62	333	-17,608	2,348	-420	1,863	-7,422	3,942	2,366	1,789	3,335	2,411	2,395	5,515	-4,090	991	3,234	9,665	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,052	4,864	-	6,370	7,286	7,228	7,621	-2,256	5,614	6,622
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for doubtful accounts
17	6	-26	-1	31	663	-100	209	46	237	0	0	-22	35	208	0	62	0	-12	3	30	-251	20	71	39	213	303	44	-25	6	20	14	5	-32	-32	-8	-61
Depreciation and amortization
2,602	3,066	2,546	2,491	2,496	2,493	2,301	2,411	2,601	2,598	2,451	2,134	1,451	1,198	1,214	1,226	1,170	1,200	1,173	1,156	996	899	1,135	1,138	1,237	1,187	1,098	1,093	1,088	1,050	1,013	931	1,084	1,158	1,087	1,063	1,054
Non-cash lease expense
1,270	1,405	1,197	1,398	1,394	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense
394	591	678	621	230	712	334	581	543	314	142	984	778	805	826	704	882	1,209	1,191	746	1,339	914	952	988	1,094	790	669	782	1,148	877	680	685	636	1,561	773	1,056	88
Tax benefit from the exercise of stock awards
-159	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of property, plant and equipment
-6	-26	-14	42	-45	-10	1,733	2,267	0	-284	-10	-6	16	-4	-67	-10	-68	1,721	-269	-61	1,312	-96	-17	-6	-13	1	152	-14	-11	-62	-5	-5	-13	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	46	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	263	455	0	-278	589	-3,236	-91	-96	50	34	-74	-64	-3,823	1,040	-131	-52	235	-	-	-	-	-	-	-	-
Deferred income taxes
249	-	109	107	258	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-300	-456	449	-	-4,000	-441	22
Amortization of bond discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	0	1	0	0	0	1	6	0	0	3	-4	3	5	5
Purchase of trading investment securities
11	14	12	17	40	37	32	46	50	51	83	101	266	89	88	75	177	47	49	44	112	29	35	31	67	26	26	17	19	32	23	18	19	43	21	18	20
Proceeds from sale of trading investment securities
73	72	287	29	76	165	44	301	265	49	29	40	33	63	28	27	29	27	130	27	55	26	32	44	49	202	115	88	105	86	88	88	92	100	112	119	107
Realized and unrealized gains on investments
-96	43	8	40	133	-167	69	34	-23	71	66	30	49	-33	36	35	25	35	-58	447	46	23	-11	29	15	44	45	12	21	27	25	-4	42	69	-81	-16	72
Foreign exchange losses
-2,400	490	-802	269	-64	-447	-416	-1,801	967	-109	207	579	1,303	-1,849	-45	-367	913	73	-1,257	-413	-351	2,949	-1,334	-410	-980	197	-526	1,167	416	1,146	-351	48	-553	572	1,131	-648	-589
Changes in assets and liabilities:
Accounts receivable
-1,318	-223	-1,187	489	546	278	-98	314	-683	-1,874	1,686	503	926	752	-573	-268	432	383	437	-1,140	1,411	-2,630	338	-2,335	1,170	-423	2,010	-784	555	-695	-284	-2,566	3,279	-1,949	2,831	-1,800	4,660
Inventories
-234	796	2,022	1,014	1,038	-604	1,855	-1,461	-856	-5,793	-1,743	1,509	850	-306	3,698	3,482	2,695	-877	-715	-1,330	1,989	-567	1,203	-677	-707	-1,516	1,841	553	-1,716	-460	768	1,439	-281	3,253	736	2,290	-713
Prepaid expenses and other current assets
-165	-164	-1,324	616	-357	401	-1,051	1,489	-18	618	-648	1,035	186	-2,340	-1,014	805	107	-263	-4,430	2,220	1,837	-2,956	-2,786	320	2,011	4,645	441	-16	658	134	288	-151	884	-425	-558	-782	733
Other assets
-31	-6	-1,236	884	-117	83	-1,061	191	-27	-1,592	-441	-270	-88	2,254	-256	235	792	826	3,200	58	-74	-243	11	1,077	390	206	200	-20	-83	45	208	518	-578	-5,141	1,464	539	152
Accounts payable
704	113	153	-945	-281	947	116	-985	957	-701	-531	-237	346	-1,263	-2,074	-205	2,607	-458	-73	-1,886	3,010	239	-1,008	684	-274	-1,430	2,174	-353	-943	438	220	669	-1,250	888	102	624	-298
Accrued volume incentives and service fees
4,356	-468	-861	-399	164	1,593	-504	-389	1,062	-2,356	3,158	-1,389	2,471	-1,244	-77	646	2,152	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued volume incentives and service fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-82	-1,685	1,539	-	216	-1,494	1,513	-761	404	-563	2,206	-1,665	166	-1,818	2,038	-419	123	-2,239	3,340
Accrued liabilities
-2,206	-3,316	926	-520	-5,683	2,096	3,187	5,910	-1,148	-365	2,921	-76	-3,466	1,218	-649	4,383	-3,433	524	-1,873	4,605	-6,707	-1,371	1,579	588	-6,156	6,095	585	437	262	-25	-68	2,401	-3,597	-1,598	-7,461	2,377	530
Deferred revenue
-406	-	912	-1,004	-35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-1,069	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities
-1,187	-1,420	-1,279	-1,254	-1,086	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	293	-	-1,582	-1,596	2,331	528	-358	-266	-461	596	376	-486	58	353	410	-161	-740	1,305	-3	-527	933	-439	225	-323	-245
Income taxes payable
-335	-1,080	327	905	-2,112	1,329	-229	458	-261	-911	-211	-566	-70	1,813	261	214	-364	804	-266	-1,184	-268	828	55	82	-940	872	-202	917	-516	-2,037	624	-1,858	-2,988	4,161	-557	174	1,231
Liability related to unrecognized tax benefits
-73	36	-689	29	-69	0	-2,569	0	68	-314	-2,022	148	59	668	-1,975	265	-34	1,143	-5	0	230	-2,254	-4,371	874	-53	916	699	178	38	799	-12	619	-1,261	-8,109	-2,324	289	-799
Deferred compensation payable
-158	-15	-267	28	97	-296	57	-208	-227	73	121	112	283	12	344	-164	155	52	-139	13	80	-108	-10	18	33	-138	-42	-84	-41	-41	-29	-98	15	6	-213	-134	-8
Net cash provided by (used in) operating activities
13,516	3,033	6,656	2,751	-3,895	7,628	4,768	5,723	3,714	2,488	8,720	-1,458	774	-1,645	-1,401	3,601	2,862	1,984	5,049	4,055	-926	641	5,403	7,648	490	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,743	7,463	7,823	-	8,097	8,639	588	8,028	-19,961	8,588	7,253
Purchases of property, plant and equipment
1,209	630	1,700	2,387	387	875	1,288	2,182	489	1,612	755	423	2,711	3,099	3,337	3,280	1,312	4,995	4,461	7,052	6,019	6,312	8,405	6,954	4,614	3,980	2,258	1,167	1,165	1,012	3,055	1,645	917	1,302	423	485	209
Proceeds from sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-1	0	0	522	0	0	-14	14	1,754	1	61	1,312	-	-	-	-	15	187	38	8	0	3	7	15	-	-	-	-
Purchases of investments available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	703	0	12	6	164	203	-8	83	-23	19	-39	217	-	-	-	-
Proceeds from sale/maturities of investments available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	196	18	33	100	100	0	0	100	115	75	3,499	2,047	3,268	1,696	686
Net cash used in investing activities
-1,209	-628	-1,700	-2,387	-387	-902	1,226	376	-489	-1,613	-755	1,353	-2,189	-3,603	-3,337	-3,294	-1,298	-3,244	-4,460	-6,166	-4,722	-6,937	-8,205	-6,945	-4,587	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,174	-1,121	-1,240	-	-2,956	-1,524	2,380	-2,345	1,827	-1,638	477
Payments of Dividends
-	-	-	-	-	-	-	-	-	0	-38	0	1,886	1,877	1,876	1,884	1,872	1,870	1,880	1,875	1,865	-	-	-	-	1,622	25,627	1,587	1,583	-	-	-	-	-	-	-	-
Principal payments of revolving credit facility
0	1,517	0	-970	1,517	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments of revolving credit facility
-	-	-	-	-	-	-	-	5,456	-	-	-	0	-	-	-	-	-	-	-	-	0	10,572	848	847	844	1,118	557	834	1,105	825	824	816	-	-	-	-
Proceeds from revolving credit facility
0	-	0	-970	1,517	-	17,996	27,512	0	-	-	-	3,341	-	-	-3,611	4,835	-	1,199	-348	348	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings from related party
-	-	-	-	-	0	500	0	500	6	500	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of stock awards
-	-	-	-	-	-	254	182	228	-	0	104	0	-	69	0	59	-	328	1,836	1,640	-	-	-	-	-3,647	2,944	723	633	-1,604	1,581	64	337	-	-	-	-
Tax benefit from stock awards
-159	-127	0	-4	-189	-97	-113	1	-466	-	-	-	-	-	-	-	-	-	-	-	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of withholding taxes related to the vesting of restricted stock units
-	-	-	-	-	-	-	-	-	-	9	0	512	-	0	0	169	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	519	2,343	926	2,857	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-159	70	60	-4	-189	-1,933	-4,733	-332	-5,194	-5,850	7,682	-1,202	943	-924	3,280	-5,495	2,853	-835	-2,696	-1,365	-2,682	-7,374	7,020	-3,875	-847	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-1,632	624	-827	-137	-49	-2,014	-300	-1,172	1,362	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
10,516	3,099	4,189	223	-4,520	2,779	961	4,595	-607	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used) in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15,746	-1,421	-1,784	-	-24	-1,540	-479	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	193	224	68	1,248	-1,987	473	183	596	-367	-228	-372	-304	1,913	-2,317	260	-836	-316	505	-662	-1,004	-650	1,073	-564	-116	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-4,782	15,871	-1,239	776	-8,159	-985	-5,005	5,013	-2,462	-2,335	-3,848	-8,634	-11,757	1,901	-2,912	-5,780	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-838	335	84
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,672	4,259	3,795	-	6,190	5,011	2,373	4,866	-8,895	7,580	7,814
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes, net of refunds
-	-	-	-	-	-	-	-	1,519	-	-	-	1,180	-1,115	1,668	1,562	1,474	1,113	2,484	3,577	2,608	454	1,934	1,826	2,236	3,210	1,661	2,125	3,282	266	1,562	4,805	6,327	-1,281	5,163	2,038	650
Cash paid for income taxes, net of refunds
1,224	-	1,317	549	3,346	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
3	1	0	39	24	177	60	57	103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	14	94	-	65	102	20	-42	39	34	25	16	49	76	30	33	63	12	20	31	29	35	33	-	-	-	-