QUANEX BUILDING PRODUCTS CORPORATION NX Cash Flow

Quanex building products corporation (NX)

CashFlow / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10
Operating activities:
Net income (loss)
10	-30,948	11,841	-23,974	-3,649	6,717	10,753	4,136	4,947	10,732	10,215	1,462	-3,726	5,431	-3,976	3,935	-7,249	9,943	6,927	2,294	-3,071	4,956	8,047	20,131	-3,900	-1,206	4,969	-7,348	-8,118	968	1,531	-12,285	-6,748	6,179	9,016	-1,389	-4,740	8,310	10,281	4,313	194
Adjustments to reconcile net income (loss) to cash used for operating activities:
Loss (income) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-12	5	-148	-71	-889
Depreciation and amortization
12,905	12,428	12,182	12,404	12,572	12,548	12,691	13,310	13,273	13,794	13,915	14,380	15,406	13,387	12,973	13,816	12,970	10,679	8,502	7,831	8,208	8,320	8,512	9,784	10,294	27,115	12,193	11,539	9,657	9,215	9,096	9,579	9,706	9,297	9,215	7,878	7,542	7,223	6,656	7,052	7,352
Stock-based compensation
-239	621	381	819	224	872	791	-369	580	884	1,083	996	2,226	1,502	757	2,303	1,527	875	1,062	1,065	1,264	1,090	891	854	1,090	1,054	448	1,699	1,709	1,223	301	1,277	1,602	1,104	877	1,431	1,291	1,238	966	1,155	1,097
Deferred income tax
-413	1,330	3,186	621	-1,877	232	2,299	396	-8,483	1,735	2,386	-549	-3,684	-2,099	-2,117	1,905	-6,158	3,628	4,539	276	-3,239	3,210	2,908	10,013	-1,885	-1,426	1,878	-2,241	-6,499	-406	627	-4,607	-5,457	3,656	4,244	-1,342	-3,197	5,770	4,161	1,709	654
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	133	0	1	0	0	0	60	11	4	638	1	-408	1	2	169	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,328	-1,553	644	2,115	-397	-286	0	1,404	-	-	-	-
Other, net
-1,096	-452	-646	-293	-785	269	-725	451	-130	-605	219	-114	-1,241	204	960	-491	-1,012	674	-1,102	-31	478	-382	-296	-699	-728	83	-80	296	482	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	497	510	1,465	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Decrease in accounts receivable
-18,641	-251	3,156	9,200	-12,679	4,303	4,604	15,021	-18,378	1,545	-2,359	16,579	-21,143	1,239	1,024	17,853	-20,912	1,660	225	10,770	-15,323	-322	3,802	22,690	-26,654	-18,846	3,262	17,242	-10,862	-11,364	7,225	21,170	-21,281	8,770	3,815	38,689	-37,513	7,966	-858	23,519	-24,262
Increase in inventory
10,657	-18,544	-775	3,921	11,601	-16,920	-4,933	-2,303	6,926	-5,336	1,983	-1,029	7,622	-6,876	-3,651	682	4,499	-9,856	-5,996	3,127	2,920	2,418	398	6,836	15,998	15,886	-9,362	-7,150	13,417	-17,803	-2,143	1,141	8,517	-10,308	-3,183	2,072	10,889	-8,930	3,252	336	2,200
Decrease in other current assets
-1,200	992	341	696	-15	-1,459	195	1,120	-73	-565	-127	68	438	-3,742	-288	2,705	-1,178	-264	2,169	-613	12	99	416	-11	594	1,863	805	-1,337	291	-807	52	-341	1,046	985	-1,339	497	598	-379	794	352	-257
Decrease in accounts payable
-12,063	6,562	4,179	9,121	-11,738	7,164	783	4,901	-4,523	-1,748	4,025	62	-7,232	-181	-1,935	8,148	-8,305	2,374	563	4,499	-10,298	-4,593	7,308	21,021	-10,894	-2,913	1,246	7,260	-11,496	4,678	6,749	13,075	-9,582	-10,548	-8,898	25,261	-19,164	-3,389	5,654	20,689	-18,382
Decrease in accrued liabilities
-12,519	8,606	-650	4,134	-18,850	14,457	-2,345	5,409	-10,629	3,806	-3,858	10,502	-17,971	4,172	-370	10,110	-11,879	5,030	-353	5,681	-10,934	5,240	-5,877	8,793	-15,027	-590	585	8,125	-15,593	2,750	6,672	3,599	-4,482	-246	796	2,228	-9,903	4,425	2,672	8,341	-5,929
(Decrease) increase in income taxes payable
-936	3,020	213	-239	422	445	206	-319	344	321	1,134	454	2,761	-3,355	-404	3,094	300	1,186	-1,077	318	-58	-1,132	331	1,641	26	86	-144	1,279	487	224	-1,196	79	346	899	-1,852	269	191	-2,335	-71	11,982	23
Increase in deferred pension and postretirement benefits
448	180	784	883	684	-141	722	597	860	-2,808	855	845	837	-1,897	826	975	684	-2,245	672	681	520	-1,355	711	-618	915	847	464	-2,337	862	879	881	-3,420	967	1,803	994	-297	268	860	-3,551	124	721
Decrease in other long-term liabilities
-405	656	-12	-104	-27	-733	248	-219	181	156	281	579	366	62	199	334	361	-121	-34	-141	13	-453	1,820	-2,452	-1,087	345	163	771	295	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
725	-272	135	-267	-118	132	169	130	13	48	584	-421	226	769	-812	62	74	92	1	196	5	613	73	104	2,315	184	344	-729	889	955	1,703	-166	-1,888	4,282	-416	-1,200	-952	-2,643	173	-1,683	-23
Cash provided by operating activities
-	-	-	-	-	-	-	13,423	8,192	-	29,736	13,648	3,081	38,283	24,470	23,809	779	39,538	24,241	9,055	-5,747	11,024	20,777	461	-11,484	-	27,360	9,557	-30,340	-	-	-	-	-	15,229	-6,019	682	25,406	23,555	31,640	8,961
Cash provided by (used for) operating activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-68	-15	-54	-159	-202
Cash used for operating activities
-3,657	-	-	-	-20,243	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,073	43,120	15,229	-6,019	614	25,391	23,501	31,481	8,759
Investing activities:
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	0	0	8,497	0	0	-42	245,946	0	131,689	0	0	0	0	0	5,161	0	0	-353	22,449	-	-	0	0	-	-	-	-	-	-	-	-
Payments to Acquire Property, Plant, and Equipment
9,312	7,899	3,962	6,751	6,271	5,386	5,885	7,402	7,811	7,466	9,548	9,409	8,141	11,305	8,519	8,767	8,652	8,064	8,537	6,060	7,321	4,753	10,429	11,849	6,748	3,414	9,534	13,483	11,500	11,161	10,399	13,287	8,024	8,343	6,073	6,772	4,124	2,941	4,375	3,677	3,727
Proceeds from disposition of capital assets
0	1,009	17	224	74	172	80	115	65	705	639	203	390	60	49	374	561	57	5	202	0	25	503	1	303	5	313	6	16	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from property insurance claim
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	763	0	500	3,401	0	1,000	400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21	0	-	0	-1	-74	-	-	-	-
Proceeds from executive life Insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	683	-	-	-	-
Cash used for investing activities
-	-	-	-	-	-	-	-7,287	-7,746	-	-8,909	-9,206	-16,248	-11,245	-8,470	-8,351	-254,037	-8,007	-139,471	-5,858	-6,808	-1,327	-12,495	99,152	-11,206	-	-9,221	-13,124	-33,933	-	-	-	-	-	-6,073	-117,616	-3,367	-2,938	-4,048	-5,162	-3,727
Cash provided by (used for) investing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	90	0
Cash used for investing activities
-9,312	-	-	-	-6,197	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,024	-8,311	-6,073	-117,616	-3,367	-2,938	-4,048	-5,072	-3,727
Financing activities:
Borrowings under credit facility
34,500	17,000	9,000	14,500	43,000	235,000	12,000	12,000	9,500	0	0	29,500	24,000	2,000	300,000	0	332,800	25,000	92,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Lines of Credit
24,500	52,000	41,500	19,500	23,000	233,500	28,750	20,250	13,750	24,750	21,875	31,375	20,875	33,875	309,225	11,275	68,500	59,000	8,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock from stock option exercises, including related tax benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,083	344	-	41	469	579	7	131	338	26
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-360	3,082	364	8,349	496	0	0	0	-	-	-	-	37	0	93	1,070	0	0	0	0	-	-	-	-	-	-	-	-
Repayments of other long-term debt
285	424	318	330	454	404	952	187	255	482	877	934	429	360	660	619	546	609	263	125	23	15	16	118	26	193	222	117	25	-75	208	111	20	7	310	8	15	4	204	101	14
Common stock dividends paid
2,659	2,654	2,655	2,660	2,675	2,818	1,402	1,403	1,397	1,389	1,378	1,377	1,372	1,369	1,370	1,369	1,362	1,357	1,355	1,355	1,448	1,501	1,502	1,499	1,490	1,485	1,482	1,482	1,482	1,478	1,474	1,469	1,470	1,479	1,499	1,500	1,501	1,500	1,511	1,132	1,132
Issuance of common stock
3,075	577	2,683	0	27	979	1,203	333	2,231	1,574	4,653	343	1,383	32	326	122	2,920	800	128	4,181	0	30	337	2,551	331	1,674	215	186	508	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for payroll tax for shares forfeited upon vesting
454	0	8	0	322	0	254	0	706	0	19	0	957	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	133	0	1	0	0	0	60	11	4	638	1	64	1	2	169	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
4,639	3,215	1,634	2,686	2,016	32,034	0	0	0	-	-	-	-	-	-	-	-	0	0	9,971	42,748	22,281	0	0	0	-	-	-	-	0	0	0	1,284	5,791	2,785	0	1,504	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	392	-430	11	-45	-201
Cash provided by (used for) financing activities
-	-	-	-	-	-	-	-9,507	-4,377	-	-19,496	-3,843	1,750	-34,133	-13,878	-13,505	256,964	-35,662	82,510	-7,270	-44,159	-23,768	-1,114	1,607	-1,184	-	-11,488	8,496	-1,900	-	-	-	-	-	-4,553	-1,039	-2,049	-4,032	-3,742	-940	-1,321
Cash provided by (used for) financing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-392	430	-11	45	201
Cash provided by financing activities
5,038	-	-	-	14,560	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,430	-6,881	-4,553	-1,039	-2,441	-3,602	-3,753	-895	-1,120
Effect of exchange rate changes on cash and cash equivalents
177	1,487	-1,127	-377	333	-563	-576	-288	233	159	-53	-160	-35	438	1,060	-700	917	245	-299	179	254	225	78	-41	-55	105	-206	141	-524	-213	470	49	484	-269	90	-65	22	4	-7	22	8
Less: (Increase) decrease in cash and equivalents from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	460	-415	65	24	1
Decrease in cash and cash equivalents
-7,754	20,217	-9,611	2,806	-11,547	16,603	2,302	-3,659	-3,698	1,664	1,278	439	-11,452	-6,657	3,182	1,253	4,623	-3,886	-33,019	-3,894	-56,460	-13,846	7,246	101,179	-23,929	33,663	6,445	5,070	-66,697	8,963	8,147	-27,577	-7,897	27,199	4,693	-124,739	-4,712	18,440	15,758	25,560	3,921