P&F INDUSTRIES INC PFIN Cash Flow

P&f industries inc (PFIN)

CashFlow / Quarterly

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
Net loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-93	-286	-5,370	66	346	505	632	373	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	154	187	-14	12,257	55	545	680	408	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Operating Activities:
Net loss
-758	-887	136	5,688	-26	-55	541	305	65	-846	6	16	-60	-	-	-	-	-	-	-	-	230	816	572	462	919	810	875	621	342	3,567	796	706	48	1,228	817	462
Adjustments to reconcile net loss to net cash used in operating activities:
Non-cash charges:
Loss (income) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	667	-11	-17
Depreciation and amortization
433	418	374	385	389	363	360	325	335	334	325	331	319	393	404	414	409	400	387	393	375	414	397	366	374	383	387	395	394	388	364	443	428	396	407	399	398
Amortization of other intangible assets
195	189	170	172	172	171	172	180	179	180	181	233	206	213	217	278	308	309	309	310	309	357	245	58	58	58	58	58	76	-	-	-	-	-	-	-	-
Amortization of operating leased assets
234	-	-	-	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issue costs
4	5	1	2	15	24	21	27	23	22	17	16	9	10	10	10	98	28	28	27	28	27	24	21	22	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of consideration payable to a customer
67	68	67	68	67	80	42	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for (recovery of) losses on accounts receivable
15	-	1	8	-69	-	147	96	-1	-	-7	-6	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recovery for losses on accounts receivable - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	2	-6	5	7	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recovery for losses on accounts receivable - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	116	8	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of other intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	99	99	100	87	88	88	87
Amortization of debt issue costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	72	71	75	68	72	72	71	71
(Recovery) provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	8	27	41	11	3	-2	17	-20	-15	19
Stock-based compensation
16	17	27	33	29	27	49	60	60	60	20	0	0	0	0	2	11	14	13	21	38	38	38	54	90	93	94	104	47	53	52	40	47	58	57	51	35
Loss on sale of property and equipment
0	0	0	7,823	-6	-5	0	7	-1	-29	7	1	0	-	-	-	-	7	-1	0	-4	-7	-7	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Restricted stock-based compensation
13	13	13	13	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted stock-based compensation
-	-	-	-	-	-	-	-	7	8	8	10	12	11	14	11	14	13	13	11	6	6	7	7	7	10	13	10	7	3	0	0	0	-	-	-	-
Deferred income taxes
-47	77	-32	389	-25	-39	193	78	21	770	166	47	-71	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-295	-2,741	-127	287	33	75	-56	379	467	381	231	490	314	486	298	115	-2,358	0	0	-	-	-	-
Fair value increase in contingent consideration
-	-	-	-	-	-64	-29	-28	-29	-144	-14	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-720	-504	23	606	-654	-3,396	2,664	-353	603	-868	1,193	343	716	-2,664	187	1,260	719	-602	-973	1,211	433	-5,057	2,692	-10	1,142	-3,404	138	-1,414	6,702	-4,323	3,173	73	1,478	-2,475	1,640	-813	990
Notes and other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-45
Inventories
-524	-1,057	1,516	1,167	88	283	-714	2,293	-961	-445	-69	-1,730	331	-365	150	301	230	-277	3	-923	1,632	1	346	-1,732	-285	-172	-146	-181	-600	5,321	761	95	-692	847	283	-272	-700
Prepaid expenses and other current assets
528	25	100	6	208	102	-452	67	200	297	-1,955	-365	166	59	1,761	-270	456	-282	-320	-169	385	-626	476	-149	49	-8	7	0	306	-133	-7	54	133	-294	165	-86	252
Other assets
-	-	-	-	-	988	0	0	0	0	-13	-14	-18	2	-1,679	-20	1,639	-25	-25	-25	-26	-25	-25	-18	-11	-23	-24	-26	6	32	4	50	6	232	-5	0	0
Accounts payable
482	-1,625	451	197	-48	-265	-1,284	1,579	287	-802	458	325	59	-1,676	1,276	-162	190	-609	464	-575	809	-1,530	1,862	-139	-511	-1,928	1,183	516	-1,608	1,216	1,397	-225	226	-1,159	648	833	14
Accrued compensation and benefits
-894	276	446	242	-1,282	322	676	382	-985	249	489	462	-1,080	233	432	376	-1,017	-27	329	636	-1,208	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued other liabilities and other current liabilities
-556	-660	-836	1,850	-99	-235	308	-69	-328	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
-230	-	-	-	-65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued other liabilities
-	-	-	-	-	-	-	-	-	121	199	-753	-69	103	46	23	218	-510	9	-372	43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	318	717	-1,249	-1,327	1,215	511	-1,211	-12	907	730	-650	-365	989	307	-488
Other liabilities
-6	-249	60	-70	-6	-5	-5	-5	-5	-5	-5	-4	-5	-4	-5	-5	-4	-4	-5	-4	-4	-4	-4	-4	-4	-4	-4	-4	-4	-9	-3	-4	-3	-	-	-	-
Total adjustments
442	286	-1,059	-6,188	-464	2,427	-776	678	-219	2,204	2,702	2,426	-1,814	1,039	1,690	5,237	-2,942	1,074	2,976	234	-2,078	5,378	-111	3,254	-1,885	1,329	3,323	3,731	-8,366	1,070	-3,389	889	-711	790	-509	2,871	-344
Net cash provided by (used in) operating activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	946	1,404	-133	-2,876	1,420	3,481	866	-1,705	5,608	705	3,826	-1,423	2,248	4,133	4,606	-7,745	1,412	178	1,685	-5	838	719	3,688	118
Net cash used in operating activities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	154	187	0	-840	39	1,686	2,096	-1,310	-	-	-	-	-	-	-	-	-	-	-	-	-5	663	-14	-15
Net cash used in operating activities
-316	-601	-923	-500	-490	2,372	-235	983	-154	1,358	2,708	2,442	-1,874	1,100	1,591	-133	-3,716	1,459	5,167	2,962	-3,015	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Investing Activities:
Capital expenditures
658	284	320	435	485	121	533	654	570	466	86	127	231	172	128	524	242	217	717	176	151	359	267	264	182	265	125	160	143	233	916	200	620	28	127	260	183
Proceeds from disposal of property and equipment
0	-1	7	8,749	11	1	0	15	10	4	7	1	0	-	-	-	-	17	19	0	12	7	8	0	0	-	-	-	-	-	-	-	-	1	0	0	1
Purchase of patents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	200	-	-	-	0
Net cash (used in) provided by investing activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	3,310	-108	-514	-242	-200	-698	-176	-139	-543	-19,896	-264	-182	-265	-125	-160	-143	-233	-908	-200	-820	-27	-127	-260	-182
Net cash provided by investing activities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-14	20,163	-61	-55	-12	-33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-658	-2,803	-1,313	8,314	-474	-120	-533	-639	-560	-462	-279	-6,971	-231	3,310	-108	-528	19,921	-261	-753	-188	-172	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Financing Activities:
Dividend payments
157	158	157	159	158	179	185	179	180	180	182	180	180	179	180	1,976	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
3	0	0	0	0	69	0	632	105	0	0	62	0	0	0	0	23	0	7	46	20	4	31	710	0	-	-	-	-	0	300	0	4	-	-	-	0
Purchase of Class A common stock
0	0	51	265	3,202	927	159	348	82	269	89	0	0	0	0	0	255	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from short-term borrowings
1,284	3,859	1,608	-6,173	4,258	-1,511	1,368	-1,002	1,313	-406	-2,203	4,537	0	-1,449	-1,257	-5,205	16,998	16,520	17,326	19,692	18,809	18,001	27,892	22,562	15,712	15,945	14,268	15,186	19,954	15,962	14,165	13,022	12,856	13,025	10,995	8,735	7,525
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Repayments of short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,912	18,359	20,780	19,798	15,604	20,603	21,892	16,393	13,822	17,875	18,591	19,256	12,064	18,772	13,665	14,243	12,180	13,098	12,072	12,140	7,318
Proceeds from term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	519	0	381	-	-	-	-
Repayments of long-term debt
0	-	0	433	20	-	20	7	0	-	-	-	-	0	0	0	6,343	115	115	2,532	365	365	198	115	115	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of notes payable
-	-	-	-	-	-	-	-	-	-	-	-	5	2	10	8	9	9	10	9	11	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Bank finance costs
0	-	8	5	20	-	-12	15	0	-	-	-	-	-	-	-	23	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	115	146	121	748	101	102	101	102	101
Net cash provided by financing activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,648	-1,447	716	2,479	-1,945	-3,572	-2,601	2,849	-4,480	8,768	6,764	1,775	-2,045	-4,438	-4,123	7,775	-796	948	-1,969	960	-863	-1,384	-3,686	106
Net cash used in financing activities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-18,716	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
1,130	2,970	1,392	-7,035	858	-2,968	1,016	-519	1,156	-865	-2,502	4,364	-185	-1,648	-1,447	716	-16,237	-1,945	-3,572	-2,601	2,849	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-5	-	-	-	5	-14	-7	-41	21	5	9	21	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash
151	-429	-863	774	-101	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-4	-2	-32	-11	-8	-25	33	-14	-78	18	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	663	-14	-15
Net (decrease) increase in cash
-	-	-	-	-	-	-	-	463	36	-64	-144	-2,286	2,758	34	23	-43	-755	817	206	-352	507	-10,405	10,326	170	-62	-430	323	-113	383	218	-484	135	-57	-129	-272	27
Supplemental disclosures of cash flow information:
Cash paid for:
Interest
53	36	23	75	37	47	39	28	16	23	38	35	1	10	15	22	86	123	156	175	161	179	97	71	68	84	104	123	102	131	127	136	151	181	178	237	200
Income taxes
-	-	-	-	-	9	56	19	2	67	7	335	0	24	45	35	8	477	433	656	60	17	85	23	18	33	13	25	8	3	51	80	30	8	8	0	0
Cash paid for amounts included in the measurement of operating lease liabilities
0	4	5	17	4	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash information:
Right of Use ("ROU") assets recognized for new operating lease liabilities
0	-	-	-	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liability related to ROU assets recognized upon adoption of ASC 842
0	-	-	-	577	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-