PATRIOT TRANSPORTATION HOLDING, INC. PATI Cash Flow

Patriot transportation holding, inc. (PATI)

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
Cash flows from operating activities:
Net income (loss)
-275	415	1,763	2,198	2,888	2,411	5,119	4,691	4,061	4,509	1,829	3,716	4,639	5,242	5,705	5,202	4,826	3,612	3,339	2,523	2,929	3,559	3,197	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
8,860	8,733	8,474	8,616	8,787	9,077	9,469	9,740	9,980	10,151	10,293	10,316	10,210	9,977	9,729	9,574	9,460	9,505	9,485	0	0	0	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Deferred income taxes
-	-	-	-	-	-	-4,105	-3,800	-3,738	-3,607	-434	931	1,490	1,636	2,145	1,044	907	-521	-590	-1,127	-1,443	73	-461	0	0	0
Gain on asset dispositions
539	844	1,645	1,797	2,100	1,802	1,043	851	780	649	602	2,256	2,235	2,303	2,222	1,124	1,048	1,410	1,558	1,112	1,487	746	578	0	0	0
Stock-based compensation
569	593	590	587	586	590	589	586	582	745	808	917	939	727	745	649	640	668	617	595	576	570	569	0	0	0
Net changes in operating assets and liabilities:
Accounts receivable
-2,720	-1,390	-1,278	270	1,296	935	224	1,042	650	-76	599	-2,180	-1,541	333	-339	568	276	-790	263	-504	-962	-1,796	235	0	0	0
BP claim settlement receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Inventory of parts and supplies
38	17	54	65	-2	-19	40	16	80	56	44	89	61	80	31	-146	-84	-114	-115	17	-5	16	14	0	0	0
Prepaid expenses
0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Other assets
422	407	400	394	97	93	64	-43	-46	-46	-14	-135	-134	-130	-132	88	116	144	148	49	24	65	0	0	0	0
Accounts payable and accrued liabilities
-1,516	-2,594	-711	1,717	1,913	2,197	-490	954	854	1,846	-545	-456	-1,529	-797	-448	-2,198	-506	-949	2,478	300	-237	-1,736	-1,487	0	0	0
Income taxes payable and receivable
7	-187	257	-319	-259	103	-31	616	559	-268	-255	-559	-1,171	44	-146	-61	27	-297	-244	206	1,047	-241	-44	0	0	0
Operating lease assets and liabilities, net
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term insurance liabilities and other long-term liabilities
1,148	1,136	1,124	2	3	4	10	12	11	23	-3	-524	-562	-904	-895	-664	-757	-424	-405	724	672	729	728	0	0	0
Net cash provided by operating activities
10,427	7,341	10,429	9,641	9,027	10,012	7,772	10,570	10,817	12,210	10,660	13,753	13,080	14,847	14,955	11,962	13,274	11,602	15,052	13,797	14,405	13,349	10,820	0	0	0
Cash flows from investing activities:
Purchase of property and equipment
9,153	10,200	9,576	9,990	7,546	5,195	4,656	4,764	5,209	5,929	6,332	9,909	11,126	12,579	11,503	9,407	9,421	7,891	9,905	7,084	7,683	6,760	9,631	0	0	0
Business acquisition
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,023	0	0	0
Purchase of Treasury bills
-	-	-	-	-	-	17,235	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of Treasury bills
-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of property, plant and equipment
2,093	2,330	3,248	3,393	3,364	3,207	2,082	1,693	1,588	1,042	956	2,907	2,877	3,310	3,155	1,641	1,551	1,659	1,863	1,563	1,883	1,533	1,436	0	0	0
Net cash used in investing activities
3,630	2,820	5,362	-20,642	-21,417	-19,223	-19,809	-3,071	-3,621	-4,887	-5,376	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-6,232	-	-5,521	-5,800	-5,227	-18,218	0	0	0
Cash flows from financing activities:
Decrease in bank overdrafts
0	0	-625	0	0	0	625	0	0	0	-	-	-	-	-773	-324	-539	-84	-160	76	452	-362	685	0	0	0
Debt issue costs
0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowing on revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,536	23,683	35,377	45,334	43,793	33,646	25,335	20,651	23,528	0	0	0
Payments on revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,536	25,113	38,556	51,407	51,075	42,444	34,001	27,841	16,246	0	0	0
Excess tax benefits from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	171	230	333	695	425	0	0	0	-	-	-	-
Net distributions to FRP prior to spin-off
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net cash used in financing activities
-10,482	75	-559	-11	115	115	749	126	0	0	0	17	17	-901	-602	-1,557	-3,386	-5,370	-7,010	-8,376	-8,605	-8,122	7,398	0	0	0
Net (decrease) increase in cash and cash equivalents
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	0	0	7,323	-	6,768	4,848	4,677	6,005	2,639	2,018	0	0	-100	0	0	0	0	0	0