U.S. AUTO PARTS NETWORK, INC. PRTS Cash Flow

U.s. auto parts network, inc. (PRTS)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Sep'18	Jun'18	Mar'18	Dec'17	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
Operating activities
Net loss
-978	-25,087	-1,423	-1,457	-3,581	-4,480	-	-180	-797	568	-	-4,079	919	26,918	257	-1,914	-360	681	990	-	-	-	-	-	-	-	-	-	-1,399	-9,567	-3,343	-	-2,711	-1,696	-788	-7,019	-5,308	-2,565	-245
Net loss including noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-288	-1,022	-316	-2,613	-2,494	-2,180	201	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,439	2,472	3,626	3,638	3,671	3,785	4,001	3,747	3,493	3,127	3,072	3,003
Depreciation and amortization expense
1,898	1,680	1,532	1,511	1,529	1,390	-	1,419	1,489	1,504	-	1,507	1,620	1,637	1,633	1,909	1,897	1,853	1,851	1,892	1,862	1,822	1,934	-	2,213	2,252	2,368	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
25	25	25	25	25	45	-	46	47	47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
25	25	25	25	25	45	-	46	47	47	-	48	47	112	112	121	120	121	120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	115	115	115	106	106	126	84	82	86	107	106	177	331	341	340	345	338	1,363	1,627
Deferred income taxes
-22	22,463	-617	-231	-328	-635	-	-8	-145	342	-	4,405	0	-25,881	0	-539	-42	-79	-178	-232	-222	-385	-67	14	9	38	13	-50	19	59	31	-1,249	121	127	126	-1,724	-32	194	25
Share-based compensation expense
2,663	1,701	792	613	550	1,891	-	567	161	976	-	644	565	544	1,089	656	807	866	802	693	620	596	510	680	686	629	376	198	315	341	409	265	450	374	584	661	622	643	681
Stock awards issued for non-employee director service
6	6	6	3	4	3	-	4	3	4	-	2	2	3	2	3	2	2	2	0	2	0	0	-	-	-	-	0	10	10	11	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
5	-1	0	1	1	1	-	1	1	1	-	1	1	8	22	9	20	21	20	21	20	21	20	20	20	21	20	20	20	21	20	25	18	12	39	52	34	31	30
Loss from disposition of assets
-	-	-	-	-	-	-	-	-	-	-	0	0	0	8	0	0	0	0	0	0	0	13	75	23	-2	0	-	-	-	-	-10	0	0	-4	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
2,362	-1,680	309	-1,706	2,019	695	-	399	-724	887	-	-460	232	-463	-105	275	20	-490	225	-307	425	-1,091	405	-34	227	-1,151	-147	133	-449	-1,696	-391	-1,152	-905	299	1,267	-883	1,476	536	1,454
Inventory
4,860	4,801	-4,853	846	2,080	-1,903	-	-1,455	-4,896	3,649	-	512	1,524	-4,991	6,282	1,433	5,050	-2,516	-4,279	5,031	965	-3,127	-15	3,582	9,638	-1,434	-374	-3,190	5,996	-3,452	-5,094	-5,932	-570	3,120	-6,138	6,528	-87	3,125	-5,421
Other current assets
713	796	-786	715	802	-507	-	563	828	442	-	-69	275	-75	161	-496	-287	408	630	-968	564	-364	506	-365	55	121	-282	-479	-798	1,190	-867	-263	294	616	-29	-839	-82	-203	390
Other non-current assets
197	609	-751	-94	70	-174	-	25	19	-20	-	178	-52	-31	-135	-35	-87	-32	-49	-132	-53	-47	7	30	88	-16	-63	355	2	-121	-23	-	-	-	-	-	-	-	42
Accounts payable and accrued expenses
18,022	6,079	-4,599	-2,280	10,753	-4,750	-	932	-5,779	10,339	-	-2,222	-2,314	-3,401	10,662	81	6,517	-1,184	2,492	579	798	-3,755	2,497	4,123	-906	983	2,792	-1,530	480	-4,540	-6,243	-2,774	-4,141	1,306	-9,303	3,493	3,202	2,054	-2,531
Other current liabilities
808	181	-625	-545	890	62	-	-268	-527	-402	-	-591	643	-697	-67	1,484	-28	-282	601	-174	-149	-106	904	-529	-271	-1,204	1,702	-190	-93	-736	-35	695	-1,229	-2,412	-18	262	2,278	-889	551
Right-of-Use Obligation - Operating Leases - Current
234	-209	-22	612	983	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-Use Obligation - Operating Leases - Long-term
-231	211	198	-552	-978	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current liabilities
1	27	29	136	-2	-139	-	81	55	139	-	6	100	109	59	512	53	126	78	-79	5	21	-131	-70	-30	119	-280	-43	25	120	370	-243	152	145	149	95	25	149	109
Net cash provided by operating activities
14,299	2,550	1,377	-1,925	4,875	-4,722	-	3,062	-719	8,560	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,339	3,297	-2,032	-1,445	-220	-22	2,979	636	6,785
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	4,912	7,558	2,275	4,290	4,755	10,251	-1,603	862	1,936	4,550	-	-10,698	3,266	8,142	-	-	-	-	-	-	-	-	-	-	-	-
Investing activities
Additions to property and equipment
2,050	1,474	1,255	1,844	1,587	1,361	-	1,388	1,450	1,490	-	1,224	1,178	1,232	1,262	1,783	1,683	1,611	1,276	1,980	1,968	1,681	2,151	1,264	1,256	1,478	1,558	1,646	1,864	2,192	2,623	2,302	2,479	3,003	2,371	3,163	3,919	3,533	3,688
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	0	0	0	39	0	0	0	0	0	0	0	13	0	21	6	0	-	-	-	-	0	0	0	14	-	-	-	-
Cash paid for intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	125	0	0	-85	110	100	100	0	0	-	-	-	-	18	0	0	16	-	-	-	-
Proceeds from sale of marketable securities and investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,100	1,071	-	-	-	-
Purchases of marketable securities and investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	0	7	517	42	7	6
Changes in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-319
Purchases of company-owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	106	-	-	-	-	0	0	0	281
Net cash used in investing activities
-2,050	-1,474	-1,255	-1,844	-1,587	-1,361	-	-1,387	-1,450	-1,490	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,729	-2,320	-2,480	-1,069	-1,309	-3,191	-2,276	-2,401	-3,656
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,232	-1,223	-1,782	-1,683	-1,611	-1,401	-1,980	-1,968	-1,596	-2,248	-	-591	-2,217	-1,558	-	-	-	-	-	-	-	-	-	-	-	-
Financing activities
Borrowings from revolving loan payable
1,170	3,112	3,873	3,545	4,096	70	-	57	83	3,106	-	85	105	69	3,576	1,751	2,679	3,358	5,939	6,667	1,956	2,700	4,314	5,273	12,124	283	1,826	2,894	6,480	4,284	5,903	-	-	-	-	-	-	-	-
Payments made on revolving loan payable
1,170	3,112	3,873	3,545	4,096	70	-	57	83	3,106	-	85	105	69	3,576	1,750	2,679	6,358	14,698	3,200	1,650	4,200	5,850	5,120	1,255	1,033	7,850	4,418	1,450	13,140	10,000	-	-	-	-	-	-	-	-
Minority shareholder redemption
-	-	-	-	-	-	-	-	-	-	-	1	0	0	2,485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of debt financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of notes payable
1,226	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,563	1,562	1,000	2,000
Payments on capital leases
178	-	154	150	149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of debt financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48	14	331	14	-	-	-	-
Proceeds from issuance of Series A convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	217	5,800	-	-	-	-	-	-	-	-
Payment of issuance costs from common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	0	193	30	-	-	-	-	-	-	-	-
Payments on capital leases
-	-	-	-	-	153	-	152	149	144	-	143	140	142	136	138	136	172	141	141	166	65	66	62	42	65	63	72	64	26	36	33	36	35	33	22	48	54	20
Treasury stock repurchase
-	-	-	-	-	-	-	-	-	-	-	-	1,551	0	2,272	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Statutory tax withholding payment for share-based compensation
84	12	1	2	287	0	-	0	35	395	-	0	0	956	688	0	0	-1	970	0	0	0	438	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
1,120	-	-	-	-	-	-	-	-	-	-	0	20	205	33	174	198	409	127	32	62	27	13	30	47	144	74	161	0	-1	23	-	-	-	-	-	-	-	-
Payment of liabilities related to financing activities
-	-	-	-	-	0	-	0	0	-100	-	0	0	0	-100	0	0	0	-100	0	0	-100	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends paid
-	0	0	39	41	41	-	40	39	41	-	40	0	49	120	0	61	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	43	-	69	133	122
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-56	-237	95	57
Net cash used in financing activities
-368	97	106	-191	-477	-188	-	-192	-223	-680	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,660	-1,012	4,177	-4,897	-4	-1,602	-1,778	-879	-1,841
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-942	-5,768	-1,350	1	-2,762	-9,843	3,358	202	-1,638	-2,027	-	10,874	-771	-6,013	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-6	-8	-3	8	-7	2	-	-7	-6	-18	-	25	-10	-8	-12	-5	-16	-11	-2	86	-28	-11	-11	8	-5	5	3	45	-12	11	-3	-11	6	-18	32	-1	-23	9	1
Net change in cash and cash equivalents
11,875	1,165	225	-3,952	2,804	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash and cash equivalents
-	-	-	-	-	-	-	-	-	6,372	-	-3,823	-3,255	2,730	555	-862	2,592	371	-995	-139	-932	-1,309	264	6,398	-420	283	574	-281	248	-446	267	-46	-329	-7,429	-1,501	-4,816	-1,098	-2,635	1,289
Supplemental disclosure of non-cash investing and financing activities:
Right-of-use operating asset acquired
5,325	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use financed asset acquired
130	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued asset purchases
662	-480	375	-79	904	264	-	64	-86	766	-	169	-50	18	694	-306	315	-114	849	-194	111	91	700	431	283	-141	659	-112	-198	-248	1,294	-361	548	-101	1,717	95	-381	-124	1,696
Property acquired under capital lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	100	111	0	1,220	368	0	-	-	-	-	-	-	-	-	-	-	-	-	17	0	0	32
Unrealized loss on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	1	12	17	2	31	15	12
Accrued intangible asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of cash flow information:
Cash paid during the period for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	-17	0	0	0	0	6	3
Cash paid during the period for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	20	27	15	-	20	56	-7	-	26	51	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
433	511	551	404	430	377	-	360	427	442	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received during the period for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	374	337	252	261	249	315	259	296	287	303	285	276	213	255	256	261	255	112	202	0	75	218	246	242	42	569