Northern Technologies International Corporation NTIC Cash Flow

Northern technologies international corporation (NTIC)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
4,265	5,533	5,815	7,132	7,795	7,665	7,222	6,461	5,653	4,716	3,924	308	-162	-718	-1,198	923	968	980	2,517	3,926	4,255	5,698	5,538	6,048	5,938	5,299	4,753	3,187	3,539	3,398	3,575	4,257	3,639	4,036	3,995	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation
1,374	1,392	1,431	1,177	922	667	413	407	402	397	391	395	399	403	427	442	458	473	495	487	478	469	454	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	259	288	244	213	206	177	0	0	0
Depreciation expense
840	834	841	850	864	862	853	837	820	801	787	758	724	694	660	627	606	571	530	504	482	455	454	454	441	446	435	411	399	375	351	341	330	331	335	0	0	0
Amortization expense
250	255	261	259	256	254	252	218	184	151	119	119	119	119	119	111	103	95	87	87	87	87	86	82	79	75	71	68	86	107	128	152	156	156	157	0	0	0
Loss on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on impairment of joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Equity in income from joint ventures
6,160	6,515	7,225	7,330	7,699	7,790	7,527	7,349	6,789	6,366	5,898	5,486	5,464	5,034	4,743	4,731	4,791	5,313	5,936	6,310	6,178	6,099	5,920	5,921	5,768	5,511	5,237	4,847	5,230	5,316	5,519	5,392	5,293	5,198	5,536	0	0	0
Deferred income taxes
113	-5	89	0	0	0	-	-	-	-	117	22	22	21	47	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends received from joint ventures
8,570	3,757	5,039	4,578	3,954	5,120	3,697	4,139	7,582	6,440	6,377	5,233	2,013	5,182	5,503	5,665	4,340	3,218	2,983	2,891	4,910	7,504	7,431	7,446	5,420	491	3,155	3,032	2,977	3,705	3,060	3,116	3,679	3,501	2,838	0	0	0
Increase in allowance on doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in current assets and liabilities:
Trade, excluding joint ventures
791	240	50	1,677	1,349	3,351	4,372	2,477	2,206	1,694	1,092	1,595	1,735	1,849	723	373	698	499	699	1,226	480	-215	249	507	606	991	894	121	90	-47	156	527	-323	1,061	287	0	0	0
Trade, joint ventures
-140	61	62	337	231	59	69	-697	-15	-179	-100	576	-301	100	146	91	-20	46	-305	-141	248	-193	91	-351	-445	-195	124	11	-483	-63	-415	118	154	-488	-66	0	0	0
Fees for services provided to joint ventures
-143	93	-89	-109	-26	-38	54	127	122	-111	-103	-126	35	-73	-42	-3	-277	-1,273	-1,163	-1,478	-1,331	-51	166	373	378	491	-213	-812	-869	-1,182	-812	-37	284	463	829	0	0	0
Income taxes
-254	-166	189	267	234	182	191	22	71	95	-90	-119	-297	-177	40	355	312	237	258	-89	-59	57	-150	136	257	-151	98	171	111	256	61	0	0	0	-	-	-	-
Inventories
346	1,146	1,486	1,601	2,326	2,453	1,909	1,312	976	499	-305	430	718	-196	257	774	1,466	2,136	1,679	1,315	680	239	825	328	273	461	1,017	1,334	1,245	1,072	365	-443	-193	35	203	0	0	0
Prepaid expenses and other
-651	-409	-744	-110	597	828	1,317	729	392	61	-8	-94	-75	9	-17	-61	9	-209	-25	-297	-309	108	62	288	45	-220	-363	-514	-113	22	220	649	392	330	242	0	0	0
Accounts payable
1,419	1,036	682	1,407	85	527	1,641	-217	624	771	-129	765	1,731	761	641	738	511	404	127	675	385	-198	365	377	74	600	78	-170	205	389	-123	-75	-471	132	311	0	0	0
Income tax payable
-91	-50	-65	-124	-50	-36	73	80	203	177	-27	39	-50	-61	42	8	19	22	31	22	11	6	-4	1	10	4	8	-300	-116	-143	-165	-42	-180	30	21	0	0	0
Accrued liabilities
-989	-599	-222	-447	396	669	1,720	1,564	508	292	742	94	626	183	-123	-184	-95	-310	-634	-751	-445	-535	473	784	452	-130	-311	-610	-249	903	646	518	89	510	626	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,261	101	-1,121	-755	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
9,422	4,648	5,477	3,468	1,387	1,299	608	2,767	6,042	5,230	5,735	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-2,268	-1,044	-77	-388	-495	-1,509	-928	-1,136	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from the sale of available for sale securities
5,027	4,611	3,100	0	0	0	-	-	-	-	1,476	0	0	0	-	-	1,497	3,495	3,492	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of subsidiary consolidation on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,612	0	0	0	-	-	-	-	-	-	-	-
Purchase of available for sale securities
0	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	0	0	0
Purchases of property and equipment
817	1,051	960	895	913	699	680	662	530	896	922	913	895	491	643	831	888	1,232	1,438	2,271	2,174	1,906	1,602	756	1,710	1,587	1,488	1,795	1,059	1,053	1,037	532	525	543	567	0	0	0
Investments in patents
102	123	114	111	99	72	86	100	121	135	162	168	193	181	135	105	73	112	152	173	209	217	224	277	261	245	255	229	216	211	187	169	190	182	148	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-648	-169	2,150	1,901	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-6,204	-2,450	-1,339	-264	1,028	1,285	-300	-288	-3,171	-3,056	-2,607	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-4,496	-130	2,136	2,830	3,569	1,351	2,414	2,963	2,875	2,184	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	933	952	971	76	76	76	76	76	76	76	76	69	59	0	0	0
Dividend received by non-controlling interest
-	-	-	-	-	-	600	200	200	200	200	200	200	400	200	800	800	600	1,160	0	0	0	-	-	-	-	1,752	0	0	0	-	-	-	-	-	-	-	-
Investment by non-controlling interest
-	-	134	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	196	237	216	162	138	121	94	72	24	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid on NTIC common stock
2,272	2,226	2,180	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from employee stock purchase plan
70	70	52	52	33	33	27	28	26	26	46	46	66	66	68	68	70	70	57	58	43	43	42	42	49	49	56	56	61	61	55	55	41	41	36	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	-	15	97	138	138	122	0	0	0	-	-	-	-	236	272	571	571	479	357	113	113	208	0	0	0	-	-	-	-	464	0	0	0
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-700	-672	-449	-874	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-2,401	-2,555	-2,393	-2,502	-2,431	-2,593	-2,372	-1,435	-990	-160	-226	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-1,195	-764	50	13	19	5	142	408	0	0	0
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
-126	-54	-49	-86	-115	-100	-133	67	138	84	63	-5	-11	-38	-18	-79	-93	-106	-124	-68	-47	-20	11	-16	-36	1	-39	38	-95	-130	-105	-149	12	15	32	0	0	0
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
690	-412	1,693	614	-130	-108	-2,197	1,110	2,018	2,098	2,964	-1,126	517	-542	771	832	-834	473	146	-4,756	-3,630	-1,308	-1,837	5,373	2,734	-2,911	176	-1,289	925	3,411	871	1,788	1,471	2,104	1,490	0	0	0