Orion group holdings inc (ORN)
CashFlow / TTM
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
Cash flows from operating activities
Net (loss) income

5,288

-5,359

-99,934

-110,329

-106,447

-94,422

9,532

10,851

6,309

400

-15,481

-5,705

-4,220

-3,620

4,161

-7,974

-9,010

-8,060

-4,208

6,148

6,829

6,877

3,776

-157

1,218

331

-372

-994

-6,627

-11,866

-18,570

-23,193

-20,989

-13,114

0

0

0

Adjustments to reconcile net (loss) income to net cash used in operating activities:
Depreciation and amortization

25,817

26,096

30,274

30,696

31,490

31,799

28,203

28,583

28,743

29,491

30,819

32,078

33,140

34,162

35,017

34,632

31,188

28,083

24,651

22,842

23,277

23,451

22,982

22,073

21,780

21,538

21,719

21,607

21,569

21,570

21,392

21,643

21,939

22,092

0

0

0

Amortization of ROU operating leases

5,415

5,177

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of ROU finance leases

2,443

2,312

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred debt issuance costs

492

453

361

265

472

725

1,003

1,284

1,305

1,269

1,246

1,236

1,223

1,225

1,383

1,082

765

462

0

0

0

-

-

-

-

52

-2

-1

92

103

192

206

132

132

0

0

0

Deferred income taxes

50

71

-12,589

-14,992

-14,277

-13,194

751

-1,565

-2,499

-4,166

-5,684

1,171

908

751

737

-2,905

-3,736

-2,885

-796

1,620

2,047

1,869

2,400

-403

394

-239

-133

473

-2,215

-1,646

-3,406

-267

4,488

5,192

0

0

0

Stock-based compensation

2,551

2,753

2,820

2,815

2,568

2,238

2,213

2,247

2,287

2,303

2,238

2,185

2,197

2,280

2,367

2,262

1,920

2,275

2,246

2,127

1,975

1,594

1,603

1,791

1,966

2,141

2,379

2,721

2,923

3,115

3,266

3,116

2,851

2,712

0

0

0

Gain on sale of property and equipment

2,422

1,804

1,976

2,553

2,867

3,306

2,611

1,996

975

674

909

1,150

1,719

1,579

2,801

40

-138

-466

-1,813

283

310

359

-47

-25

-63

-153

-1,919

-1,867

-1,833

-1,822

-88

-115

58

-60

0

0

0

Allowance for credit losses

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

799

1,011

1,001

993

522

255

257

259

9

10

8

12

91

254

254

255

0

0

0

Other gain from continuing operations

-

-

-

-

-

5,448

5,448

5,448

5,448

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Change in operating assets and liabilities:
Accounts receivable

28,902

51,709

35,342

26,304

9,314

-10,936

-6,128

-6,263

-7,540

-15,022

-20,285

7,230

2,129

23,935

-6,044

-9,506

16,804

2,666

38,120

23,088

2,285

4,202

-4,411

2,583

1,945

-4,571

13,723

-1,736

7,244

26,966

9,386

341

-30,891

-26,135

0

0

0

Notes receivable

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

554

495

402

617

212

128

-1,195

-1,341

1,035

952

2,252

2,251

15

49

-16

-16

-17

-249

-233

-233

-232

0

-1,930

-1,856

-1,695

-2,125

264

-14,379

-14,809

-10,888

-10,158

9,261

9,424

6,331

0

0

0

Inventory

-75

-503

-194

-311

-169

-647

-778

-682

-903

-89

-529

-912

-1,260

-1,696

-2,788

-2,026

-1,696

-1,150

2,842

2,373

3,119

3,702

3,176

3,581

3,119

3,024

1,405

936

1,262

497

158

-311

976

370

0

0

0

Note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

-5

-5

-44

-39

0

0

0

Prepaid expenses and other

-1,416

-131

65

-51

-2,363

-1,671

-1,703

-536

819

226

-210

-715

-1,319

-856

-4,926

-38

959

467

4,999

837

728

695

965

632

446

200

-638

-582

-75

497

666

854

1,208

377

0

0

0

Costs and estimated earnings in excess of billings on uncompleted contracts

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

Costs and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

0

3,596

-

5,893

6,580

2,198

19,640

-5,207

1,484

3,344

-10,655

-4,470

-14,957

-30,908

-19,725

-13,525

-10,664

3,807

-5,611

-12,940

-10,501

-3,287

-4,133

2,003

15,462

11,390

10,991

0

0

0

Accounts payable

5,509

28,894

23,384

8,629

5,395

-4,584

-22,157

-8,844

-16,258

-5,666

-854

2,366

8,632

-5,717

-507

-5,894

-2,444

12,245

3,748

8,415

12,116

-1,178

3,660

-392

-8,794

-6,405

6,863

5,273

9,918

18,826

9,138

1,910

-1,462

-12,970

0

0

0

Accrued liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

-

-

-

-

-

-

-

0

188

-

-17

2,357

-836

-1,123

-6,555

-2,865

-236

1,658

5,934

428

1,013

4,428

5,079

5,008

2,040

-808

687

509

2,017

2,803

1,936

-1,627

-4,805

-2,728

0

0

0

Operating lease liabilities

-5,756

-5,843

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax payable

712

1,523

755

-296

296

-256

-3,053

705

-33

-433

2,226

-508

-500

-125

807

-673

-656

-1,097

-2,056

-89

139

538

391

18

94

207

771

338

279

252

0

0

-181

-262

0

0

0

Billings in excess of costs and estimated earnings on uncompleted contracts

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

0

10,188

-

3,835

894

-3,397

-802

-1,678

8,003

11,325

4,655

8,172

3,990

-322

2,109

1,306

-2,747

-7,350

-1,774

-2,068

-3,878

5,842

10,704

12,487

9,965

4,301

1,277

0

0

0

Other

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-34

-43

-58

-58

-53

-59

-58

-58

-58

-57

-58

-57

-57

-57

-56

-56

-57

0

0

0

Net cash (used in) provided by operating activities

16,665

-716

25,273

16,340

9,386

21,931

-2,961

18,521

33,706

34,133

41,573

33,139

37,550

23,149

41,231

38,487

16,332

25,179

-9,938

5,129

10,899

11,945

30,156

9,601

11,407

13,033

4,021

33,127

52,625

24,438

28,513

17,388

7,109

32,676

0

0

0

Cash flows from investing activities:
Proceeds from sale of property and equipment

2,917

2,015

2,277

3,011

3,328

3,234

2,785

2,349

6,293

6,826

6,776

6,811

2,357

2,152

3,778

3,430

3,290

2,708

1,231

833

883

1,005

1,000

1,007

911

750

216

203

347

374

383

722

567

841

0

0

0

Purchase of land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Purchase of property and equipment

16,090

17,199

15,706

13,921

17,230

17,714

18,538

18,951

12,972

10,729

9,615

9,891

13,587

18,715

23,559

25,782

22,321

20,802

14,157

15,526

22,418

18,711

19,140

16,561

12,074

12,760

14,054

12,875

11,078

24,647

24,544

23,892

25,870

14,894

0

0

0

Contributions to CSV life insurance

458

721

386

438

415

260

539

570

564

545

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from return of investment

-

-

-

-

-

94

0

0

93

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance claim proceeds related to property and equipment

0

-

-

-

-

1,346

2,271

2,075

2,075

925

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-9,893

-13,331

-11,241

-8,578

-14,120

-13,300

-13,927

-15,560

-11,632

-10,080

-9,946

-9,604

-12,348

-17,686

-19,151

-133,893

-129,864

-128,795

-128,142

-17,575

-24,417

-42,787

-40,339

-37,753

-33,362

-12,010

-22,838

-21,672

-19,731

-33,273

-24,161

-23,170

-25,303

-14,053

0

0

0

Cash flows from financing activities:
Borrowings from Credit Facility

57,000

63,000

59,000

58,861

50,861

39,861

49,861

48,000

62,000

72,000

62,000

62,000

45,000

57,000

47,000

181,021

171,021

149,021

153,021

7,500

7,500

30,000

26,000

22,500

22,500

0

5,000

5,000

5,000

18,000

0

0

0

-

0

0

0

Payments made on borrowings from Credit Facility

66,210

70,210

86,210

65,861

50,486

48,111

34,736

46,500

77,157

87,813

94,970

87,126

70,427

63,084

79,239

67,435

50,626

42,955

6,657

5,709

5,185

1,557

1,947

1,168

1,557

4,057

6,168

8,657

8,268

5,379

0

0

0

-

-

-

-

Loan costs from Credit Facility

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Excess tax benefit from stock option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Loan costs from Credit Facility

-

-

-

-

-

861

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Payments of finance lease liabilities

3,152

2,906

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options

-

35

35

1,551

2,034

2,815

3,128

1,679

1,513

1,320

1,099

1,032

715

100

8

8

8

28

103

557

761

869

916

689

789

859

859

795

491

298

176

16

198

185

0

0

0

Purchase of shares into treasury

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used in financing activities

4,125

6,449

-15,276

-11,284

-1,842

-9,033

16,823

2,400

-14,423

-15,272

-32,114

-24,127

-25,231

-6,503

-37,215

76,183

80,377

66,068

110,503

-1,189

2,640

28,876

24,886

21,938

21,682

-3,248

-241

-2,804

-2,756

12,940

10,673

13,012

10,195

-2,818

0

0

0

Net change in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

0

7,651

-

-487

-592

-29

-1,040

-15,135

-19,223

-33,155

-37,548

-27,577

-13,635

-10,878

-1,966

14,703

-6,214

-273

-2,225

-19,058

8,651

30,138

4,105

15,025

7,230

-7,999

15,805

0

0

0

Supplemental disclosures of cash flow information, cash paid during the period for:
Interest

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

0

4,503

-

0

0

0

-

-

-

3,979

3,063

1,261

907

815

742

549

471

439

483

415

684

785

697

727

459

332

212

0

0

0

Taxes, net of refunds

1,075

578

875

893

1,029

903

413

345

1,117

1,008

0

0

0

-

-

-

618

584

998

1,058

751

770

-2,516

-2,630

-2,629

-3,045

-168

-14,338

-14,499

-14,039

-15,901

-1,640

-4,920

-4,948

0

0

0