NATURE’S SUNSHINE PRODUCTS, INC. NATR Cash Flow

Nature’s sunshine products, inc. (NATR)

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
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
8,206	6,929	2,897	2,885	194	-1,202	-15,998	-14,989	-15,347	-13,817	-3,631	-2,037	749	675	11,432	9,901	9,930	13,656	6,231	4,811	5,650	9,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	28,505	19,879	18,207	17,601	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for doubtful accounts
-4	10	667	593	803	818	392	492	283	215	13	221	221	305	270	50	53	21	-230	-198	-130	-121	343	626	599	535	328	45	15	45	7	-45	-67	-133	0	0	0
Depreciation and amortization
10,705	10,599	10,026	9,781	9,701	9,806	9,911	10,061	9,784	8,634	7,234	5,997	5,089	4,808	4,810	4,769	4,699	4,525	4,224	4,186	4,168	4,409	4,697	4,660	4,615	4,466	4,329	4,244	4,082	4,078	4,186	4,260	4,392	4,362	0	0	0
Non-cash lease expense
5,270	5,394	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense
2,284	2,120	2,241	1,897	1,857	2,170	1,772	1,580	1,983	2,218	2,709	3,393	3,113	3,217	3,621	3,986	4,028	4,485	4,190	3,951	4,193	3,948	3,824	3,541	3,335	3,389	3,476	3,487	3,390	2,878	3,562	3,655	4,026	3,478	0	0	0
Tax benefit from the exercise of stock awards
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of property, plant and equipment
-4	-43	-27	1,720	3,945	3,990	3,716	1,973	-300	-284	-4	-61	-65	-149	1,576	1,374	1,323	2,703	886	1,138	1,193	-132	-35	134	126	128	65	-92	-83	-85	0	0	0	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	440	766	-2,925	-3,016	-2,834	-3,373	-103	-86	-54	-3,927	-2,921	-2,978	-2,966	1,092	0	0	0	-	-	-	-	-	-	-	-
Deferred income taxes
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Amortization of bond discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	1	1	1	7	7	7	9	-1	2	7	9	0	0	0
Purchase of trading investment securities
54	83	106	126	155	165	179	230	285	501	539	544	518	429	387	348	317	252	234	220	207	162	159	150	136	88	94	91	92	92	103	101	101	102	0	0	0
Proceeds from sale of trading investment securities
461	464	557	314	586	775	659	644	383	151	165	164	151	147	111	213	213	239	238	140	157	151	327	410	454	510	394	367	367	354	368	392	423	438	0	0	0
Realized and unrealized gains on investments
-5	224	14	75	69	-87	151	148	144	216	112	82	87	63	131	37	449	470	458	505	87	56	77	133	116	122	105	85	69	90	132	26	14	44	0	0	0
Foreign exchange losses
-2,443	-107	-1,044	-658	-2,728	-1,697	-1,359	-736	1,644	1,980	240	-12	-958	-1,348	574	-638	-684	-1,948	928	851	854	225	-2,527	-1,719	-142	1,254	2,203	2,378	1,259	290	-284	1,198	502	466	0	0	0
Changes in assets and liabilities:
Accounts receivable
-2,239	-375	126	1,215	1,040	-189	-2,341	-557	-368	1,241	3,867	1,608	837	343	-26	984	112	1,091	-1,922	-2,021	-3,216	-3,457	-1,250	422	1,973	1,358	1,086	-1,208	-2,990	-266	-1,520	1,595	2,361	3,742	0	0	0
Inventories
3,598	4,870	3,470	3,303	828	-1,066	-6,255	-9,853	-6,883	-5,177	310	5,751	7,724	9,569	8,998	4,585	-227	-933	-623	1,295	1,948	-748	-1,697	-1,059	171	-838	218	-855	31	1,466	5,179	5,147	5,998	5,566	0	0	0
Prepaid expenses and other current assets
-1,037	-1,229	-664	-391	482	821	1,038	1,441	987	1,191	-1,767	-2,133	-2,363	-2,442	-365	-3,781	-2,366	-636	-3,329	-1,685	-3,585	-3,411	4,190	7,417	7,081	5,728	1,217	1,064	929	1,155	596	-250	-881	-1,032	0	0	0
Other assets
-389	-475	-386	-211	-904	-814	-2,489	-1,869	-2,330	-2,391	1,455	1,640	2,145	3,025	1,597	5,053	4,876	4,010	2,941	-248	771	1,235	1,684	1,873	776	303	142	150	688	193	-4,993	-3,737	-3,716	-2,986	0	0	0
Accounts payable
25	-960	-126	-163	-203	1,035	-613	-1,260	-512	-1,123	-1,685	-3,228	-3,196	-935	-130	1,871	190	593	1,290	355	2,925	-359	-2,028	1,154	117	-552	1,316	-638	384	77	527	409	364	1,316	0	0	0
Accrued volume incentives and service fees
2,628	-1,564	497	854	864	1,762	-2,187	1,475	475	1,884	2,996	-239	1,796	1,477	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued volume incentives and service fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-526	-338	593	1,286	382	144	-1,111	-1,279	-33	-76	-497	805	0	0	0
Accrued liabilities
-5,116	-8,593	-3,181	-920	5,510	10,045	7,584	7,318	1,332	-986	597	-2,973	1,486	1,519	825	-399	-177	-3,451	-5,346	-1,894	-5,911	-5,360	2,106	1,112	961	7,379	1,259	606	2,570	-1,289	-2,862	-10,255	-10,279	-6,152	0	0	0
Deferred revenue
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities
-5,140	-5,039	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-2,526	-	-319	905	2,235	-557	-489	245	25	544	301	335	660	-138	814	401	35	1,708	-36	192	396	-782	0	0	0
Income taxes payable
-183	-1,960	449	-107	-554	1,297	-943	-925	-1,949	-1,758	966	1,438	2,218	1,924	915	388	-1,010	-914	-890	-569	697	25	69	-188	647	1,071	-1,838	-1,012	-3,787	-6,259	-61	-1,242	790	5,009	0	0	0
Liability related to unrecognized tax benefits
-697	-693	-729	-2,609	-2,638	-2,501	-2,815	-2,268	-2,120	-2,129	-1,147	-1,100	-983	-1,076	-601	1,369	1,104	1,368	-2,029	-6,395	-5,521	-5,804	-2,634	2,436	1,740	1,831	1,714	1,003	1,444	145	-8,763	-11,075	-11,405	-10,943	0	0	0
Deferred compensation payable
-412	-157	-438	-114	-350	-674	-305	-241	79	589	528	751	475	347	387	-96	81	6	-154	-25	-20	-67	-97	-129	-231	-305	-208	-195	-209	-153	-106	-290	-326	-349	0	0	0
Net cash provided by (used in) operating activities
25,956	8,545	13,140	11,252	14,224	21,833	16,693	20,645	13,464	10,524	6,391	-3,730	1,329	3,417	7,046	13,496	13,950	10,162	8,819	9,173	12,766	14,182	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	25,352	-2,706	-2,757	3,908	0	0	0
Purchases of property, plant and equipment
5,926	5,104	5,349	4,937	4,732	4,834	5,571	5,038	3,279	5,501	6,988	9,570	12,427	11,028	12,924	14,048	17,820	22,527	23,844	27,788	27,690	26,285	23,953	17,806	12,019	8,570	5,602	6,399	6,877	6,629	6,919	4,287	3,127	2,419	0	0	0
Proceeds from sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	521	522	522	508	0	1,754	1,755	1,830	3,128	0	0	0	-	-	-	-	248	233	49	18	25	0	0	0	-	-	-	-
Purchases of investments available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	730	721	182	385	365	442	255	71	40	174	0	0	0	-	-	-	-
Proceeds from sale/maturities of investments available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	247	347	251	233	200	200	215	290	3,789	5,736	8,889	10,510	7,697	0	0	0
Net cash used in investing activities
-5,924	-5,102	-5,376	-2,450	313	211	-500	-2,481	-1,504	-3,204	-5,194	-7,776	-12,423	-11,532	-11,173	-12,296	-15,168	-18,592	-22,285	-26,030	-26,809	-26,674	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-4,445	338	224	-1,679	0	0	0
Payments of Dividends
-	-	-	-	-	-	-	-	-	1,848	3,725	5,639	7,523	7,509	7,502	7,506	7,497	7,490	0	0	0	-	-	-	-	30,419	0	0	0	-	-	-	-	-	-	-	-
Principal payments of revolving credit facility
547	2,064	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments of revolving credit facility
-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	12,267	13,111	3,657	3,366	3,353	3,614	3,321	3,588	3,570	0	0	0	-	-	-	-
Proceeds from revolving credit facility
0	-	0	0	0	-	0	0	0	-	-	-	0	-	-	0	7,183	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings from related party
-	-	-	-	-	1,000	1,006	1,006	1,006	506	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of stock awards
-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	2,280	-	0	0	0	-	-	-	-	653	2,696	1,333	674	378	0	0	0	-	-	-	-
Tax benefit from stock awards
-290	-320	-290	-403	-398	-675	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of withholding taxes related to the vesting of restricted stock units
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,645	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-33	-63	-2,066	-6,859	-7,187	-12,192	-16,109	-3,694	-4,564	1,573	6,499	2,097	-2,196	-286	-197	-6,173	-2,043	-7,578	-14,117	-4,401	-6,911	-5,076	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-1,972	-389	-3,027	-2,500	-3,535	-2,124	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
18,027	2,991	2,671	-557	3,815	7,728	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used) in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	1,733	-447	-198	-83	-735	885	184	-371	-1,271	1,009	-1,080	-448	-980	-3,209	-387	-1,309	-1,477	-1,811	-1,243	-1,145	-257	0	0	0	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	10,626	7,249	-9,607	-13,373	-9,136	-3,439	-4,789	-3,632	-17,279	-26,574	-22,338	-21,402	-18,548	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	18,440	3,355	5,924	11,365	0	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes, net of refunds
-	-	-	-	-	-	-	-	0	-	-	-	3,295	3,589	5,817	6,633	8,648	9,782	9,123	8,573	6,822	6,450	9,206	8,933	9,232	10,278	7,334	7,235	9,915	12,960	11,413	15,014	12,247	6,570	0	0	0
Cash paid for income taxes, net of refunds
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
43	64	240	300	318	397	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	0	328	-	145	119	51	56	114	124	166	171	188	202	138	128	126	92	115	128	0	0	0	-	-	-	-