Powell industries inc (POWL)
CashFlow / Quarterly
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'11Dec'10
Operating Activities:
Net Income (Loss) Attributable to Parent

7,421

2,775

6,538

5,089

958

-2,695

1,539

301

-3,330

-5,662

-5,143

-3,215

-828

-300

5,508

4,894

5,567

-459

6,312

7,049

-3,683

-239

2,430

2,947

15,592

8,255

18,568

9,305

6,818

7,385

11,853

12,138

7,411

-1,745

-6,952

72

1,733

2,432

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization

2,644

2,597

2,624

2,948

3,239

3,221

3,248

3,231

3,189

3,235

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

3,080

3,075

3,063

3,178

3,283

3,322

3,196

3,226

3,332

3,244

3,318

3,616

2,711

2,497

2,562

1,996

1,931

1,935

2,657

2,762

2,683

2,550

2,470

2,808

2,753

2,668

2,369

Amortization

-

-

-

-

-

-

-

-

-

-

-

87

88

88

89

89

86

88

90

113

114

118

121

122

120

416

419

417

420

415

491

708

707

706

1,140

1,252

1,270

1,186

Stock-based compensation

968

982

1,619

330

670

1,220

667

418

998

1,069

420

484

811

1,009

648

1,117

775

2,343

909

695

451

1,116

520

864

816

1,185

1,217

1,024

1,281

942

829

508

313

73

-1,018

29

363

725

Accounts Receivable, Credit Loss Expense (Reversal)

9

42

107

25

74

27

1

18

72

20

-386

323

16

-113

-34

-118

91

248

-60

-438

186

283

458

676

-75

15

-854

-70

673

-293

333

-127

451

185

-196

-524

318

288

Deferred income taxes

832

-126

-

-677

171

-517

-

220

-1,768

-1,292

-

-672

-236

-7

867

1,126

289

48

1,869

1,103

7,866

-317

-530

141

-461

-2,362

-6,433

-326

219

-180

-1,149

-577

308

-4

5,015

-4,658

-804

22

Gain on amended supply agreement

-

-

-

-

-

-

0

0

0

507

507

507

508

507

507

507

508

507

507

507

508

507

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from amended supply agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

10,000

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable, net

-8,602

-11,844

3,843

29,066

-8,331

-4,385

17,924

4,980

-10,830

25,102

-24,136

10,237

-21,850

-12,234

13,086

-15,029

20,177

-18,603

-6,228

-12,484

-7,353

25,674

-13,557

1,126

18,049

-7,577

6,939

-1,474

-3,734

-7,569

18,280

9,684

-33,335

21,580

3,465

3,827

8,198

2,126

Contract assets and liabilities, net

21,088

-1,474

-12,379

-23,291

1,373

-21,036

7,906

16,462

12,904

-23,155

21,131

-19,935

4,310

-2,236

-14,275

-13,527

-4,889

-6,921

23,028

7,452

7,893

-20,943

431

11,818

-8,559

13,399

19,638

-7,177

-11,416

-24,099

-668

9,512

24,386

1,525

8,657

7,034

2,448

-4,620

Inventories

-959

3,054

-213

4,750

-401

3,853

-1,519

981

3,473

88

-694

-1,431

-3,644

-2,444

-1,520

-1,986

-4,131

1,478

-3,237

449

-638

3,998

4,306

-842

900

-405

-1,905

-1,478

1,113

-1,611

-7,909

-2,003

4,863

1,101

-4,154

1,873

2,357

-1,618

Income taxes

-89

216

242

241

-422

6,620

51

177

-85

853

-552

-5,682

795

-1,319

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-2,349

-498

1,296

1,391

-626

565

1,161

1,232

-1,055

-1,101

1,569

-3,060

1,592

-554

-264

1,536

-3,655

1,522

-2,147

-462

-1,146

-467

1,436

624

672

-1,631

1,314

438

2,576

-798

2,288

-718

-2,000

-4,391

-719

-619

-926

-2,250

Accounts payable

-145

-5,457

11,724

4,906

1,542

-8,622

6,864

-301

5,733

-4,144

7,210

-2,698

-4,844

-2,085

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,526

-2,882

-1,874

-

3,872

1,898

-5,462

17,652

-6,243

-11,460

1,053

6,266

6,461

11,761

-11,459

-4,779

-5,889

10,372

-5,740

21,949

-6,806

-5,644

4,988

Accrued liabilities

4,965

-10,128

4,470

4,589

2,745

-10,385

8,504

4,406

2,622

-6,673

2,341

380

-999

-13,398

1,617

2,204

2,004

-1,898

963

2,509

5,948

-12,793

3,772

2,538

838

-12,145

5,402

4,137

2,166

-12,338

5,921

5,415

1,601

-6,526

6,655

2,017

-2,534

-10,393

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16,372

-15,135

3,405

20,610

-19,958

17,627

6,469

9,415

Other, net

2,117

-445

1,796

-2,353

24

763

-1,682

265

-474

-15

563

196

666

525

1,049

309

99

-356

300

83

467

-17

412

-1,642

-138

-156

-2,008

1,220

2

2

309

167

-33

74

1,555

-3,492

131

618

Net cash provided by operating activities

5,310

2,108

34,824

7,888

16,938

9,109

-2,486

-15,450

3,453

-14,060

9,691

7,454

16,296

3,374

13,106

36,592

1,143

24,065

-5,670

22,690

18,626

-22,728

23,741

-7,835

-12,127

5,349

2,759

31,490

35,972

21,204

-12,424

-16,918

33,237

-9,860

-9,754

16,751

1,690

6,800

Investing Activities:
Purchases of short-term investments

0

0

0

0

0

5,869

1,549

0

0

20,712

0

45,144

0

14,874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of short-term investments

0

6,146

0

0

1,467

11,621

3,804

5,425

1,594

24,425

28,535

4,654

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property, plant and equipment, net

1,067

2,402

1,045

1,247

1,208

755

493

1,162

1,059

1,701

1,104

818

774

928

1,044

874

497

629

473

5,554

9,730

18,962

5,199

2,832

2,700

5,764

20,641

20,458

19,895

13,375

3,517

6,667

9,501

9,378

3,275

1,405

1,904

763

Proceeds from sale of property, plant and equipment

-

-

-

-

-

-

-

-

-

55

-

11

0

0

65

83

27

12

61

8

12

31

-

-

-

-

174

72

615

24

37

88

12

58

46

248

36

24

Increase in cash held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,000

-

-

-

-

Changes in restricted cash

-

-

-

-

-

-

-

-

-

-

-

25,301

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-1,067

3,744

-1,045

-1,247

259

4,997

3,623

4,263

480

2,067

52,721

-66,598

-774

-15,802

-979

-791

-470

-617

-412

-5,546

-9,718

-18,931

-5,199

-2,774

12,179

-5,764

-20,467

-20,386

-19,280

-13,351

-3,480

-6,504

-9,564

-8,320

-4,229

-1,157

-639

-739

Financing Activities:
Payments on industrial development revenue bonds

0

400

0

0

0

400

0

0

0

400

0

0

0

400

0

0

0

400

0

0

0

400

0

0

0

400

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on Canadian revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

640

1,178

6,174

2,863

2,328

1,339

1,280

Payments on Canadian revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

640

1,178

6,174

2,863

2,328

1,601

1,026

Payments on industrial development revenue bonds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

400

0

0

0

400

0

0

0

400

Shares withheld in lieu of employee tax withholding

0

611

303

4

416

731

134

140

0

438

0

0

0

398

0

192

13

795

183

0

103

454

48

-48

-25

524

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,740

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

3,015

3,013

3,007

3,003

2,996

2,992

2,982

2,980

2,977

2,977

2,971

2,970

2,968

2,966

2,963

2,961

2,929

2,992

3,032

3,062

3,136

3,128

3,003

3,003

2,999

2,993

-

-

-

-

-

-

-

-

-

-

-

-

Payments on short-term and other financing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

16

13

18

23

275

2,539

-1,803

-231

212

-

-

-

88

Net cash used in financing activities

-3,015

-4,024

-3,310

-3,007

-3,412

-4,123

-3,116

-3,120

-2,977

-3,815

-2,971

-2,970

-2,968

-3,764

-3,350

-3,153

-2,942

-7,927

-12,142

-9,826

-8,998

-3,982

-2,644

-2,955

-2,974

-3,933

264

-18

-23

-675

-151

1,803

231

-612

-143

-61

-363

-234

Net increase in cash, cash equivalents and restricted cash

1,228

1,828

30,469

3,634

13,785

9,983

-1,979

-14,307

956

-15,808

59,441

-62,114

12,554

-16,192

8,777

32,648

-2,269

15,521

-18,224

7,318

-90

-45,641

15,898

-13,564

-2,922

-4,348

-17,444

11,086

16,669

7,178

-16,055

-21,619

23,904

-18,792

-14,126

15,533

688

5,827

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-1,623

499

-415

-51

322

-813

42

-746

396

-39

1,285

1,130

332

-946

-408

-655

703

-166

-1,566

369

-702

-1,013

-543

-66

591

661

-10

-283

26

149

-740

389

-109

-404

326

-323

450

-262