RAVEN INDUSTRIES, INC. RAVN Cash Flow

Raven industries, inc. (RAVN)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10
OPERATING ACTIVITIES:
Net income
34,613	34,858	37,981	42,936	51,873	57,364	56,305	50,818	41,019	37,017	30,761	27,021	20,192	17,686	5,779	5,506	4,848	9,134	22,097	25,623	31,796	33,856	39,352	39,942	42,902	45,726	44,295	47,526	52,555	52,513	53,049	53,942	50,635	46,981	47,416	43,308	40,537	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
13,770	14,147	14,017	13,695	13,296	13,031	12,960	12,812	12,743	12,628	12,720	13,021	13,169	12,181	12,707	13,255	13,856	15,424	15,170	15,009	14,761	14,723	14,169	13,394	12,449	12,165	12,113	11,774	11,496	11,294	10,057	9,087	8,180	7,415	7,077	6,759	6,512	0	0	0
Change in fair value of acquisition-related contingent consideration
412	466	548	650	708	844	715	518	457	275	57	64	36	191	-1,769	-1,637	-1,488	-1,520	756	771	714	672	620	556	540	460	559	668	784	827	587	210	-14	0	0	0	-	-	-	-
Long-lived asset impairment loss
-	-	-	-	-	-	-	-	259	259	346	346	87	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on acquisition-related contingent liability settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	508	0	0	0	-	-	-	-	-	-	-	-
Loss from equity investments
-	-	-	-	-	-	-	-	-114	-96	-144	-179	-72	-14	74	78	83	40	12	49	28	92	170	122	116	114	102	155	156	105	126	133	156	0	0	0	-	-	-	-
Gain from sale of equity method investments
0	0	0	0	5,785	5,785	5,785	5,785	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
1,506	1,790	2,967	2,757	953	1,117	-284	-297	-787	-438	-1,692	-2,127	307	356	-3,681	-4,498	-6,039	-5,223	-490	198	-958	-595	-900	-290	623	-1,938	-1,459	-1,459	-1,803	2,829	3,416	4,036	5,358	1,985	2,528	1,858	423	0	0	0
Share-based compensation expense
4,971	4,382	4,218	3,946	3,951	3,972	4,074	3,721	3,725	3,641	3,429	3,406	3,071	2,776	2,449	2,015	2,311	2,703	3,221	3,974	4,213	4,245	4,350	4,360	4,198	3,977	3,781	3,379	3,075	2,934	2,508	2,055	1,922	1,766	1,596	1,370	1,179	0	0	0
Other operating activities, net
-335	-326	1,107	-290	-2,424	-1,142	-108	-223	2,053	3,250	2,748	2,642	2,390	525	2,165	2,244	2,112	532	-1,240	-1,217	-996	307	903	942	943	526	230	232	212	424	23	-107	-106	0	0	0	-	-	-	-
Change in operating assets and liabilities:
Accounts receivable
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Inventories
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Other assets
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Operating liabilities
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Change in operating assets and liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,273	0	0	0
Net cash provided by operating activities
54,872	60,722	53,460	61,111	65,952	66,435	63,752	50,862	44,961	40,785	42,939	45,234	48,636	47,512	45,865	46,089	44,008	49,569	52,746	50,928	60,083	61,328	54,137	56,115	52,836	55,613	61,731	63,143	76,456	64,148	62,030	61,035	43,831	53,526	48,532	42,757	42,085	0	0	0
INVESTING ACTIVITIES:
Capital expenditures
8,560	9,849	11,058	11,533	14,127	15,429	13,641	13,385	12,011	7,898	7,851	6,795	4,796	6,176	7,881	8,837	13,046	15,015	17,077	19,141	17,041	19,592	24,252	25,452	30,701	30,741	26,551	32,924	29,675	29,785	34,885	30,330	29,015	26,625	21,198	15,972	13,972	0	0	0
Proceeds from sale or maturity of investments
-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments related to business acquisitions, net of cash acquired
53,317	5,044	8,503	8,503	7,671	12,102	12,091	12,449	13,267	0	0	0	-	-	-	-	-351	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Proceeds from sale or maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	1,500	2,500	3,200	3,700	0	0	0
Proceeds from sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,794	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipts related to business acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,700	0	0	0
Payments related to business acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other investing activities, net
243	3,233	76	2,135	2,067	2,047	1,995	-59	41	72	212	400	534	495	451	533	503	125	182	275	223	655	562	513	664	743	811	460	255	41	-12	305	511	613	511	253	-65	0	0	0
Net cash used in investing activities
-58,609	-17,478	-18,634	-22,070	-16,444	-10,397	-21,574	-19,654	-25,675	-20,965	-8,591	-6,043	-4,642	-5,862	-6,883	-8,076	-11,074	-20,840	-23,377	-31,407	-29,986	-25,208	-29,775	-26,215	-31,615	-31,484	-27,362	-33,384	-29,930	-41,613	-46,660	-41,914	-40,313	-25,747	-18,337	-13,596	-11,418	0	0	0
FINANCING ACTIVITIES:
Dividends paid
18,650	18,754	18,780	18,777	18,753	18,653	18,627	18,652	18,685	18,723	18,795	18,829	18,839	18,926	19,020	19,187	19,426	19,595	19,527	19,088	18,519	17,943	17,564	17,475	17,465	16,908	16,353	15,799	15,244	14,689	14,134	13,577	13,025	12,655	34,833	34,464	34,095	0	0	0
Payments for common shares repurchased
10,781	10,781	5,781	2,281	0	0	0	0	-	-	-	-	7,702	7,702	26,215	32,477	29,338	29,338	10,825	2,563	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
-	-	-	-1,649	-	-	-	-542	-	-400	-392	-377	-354	-359	-361	-338	-814	-815	-814	-693	-533	-491	-454	-454	-353	-6,853	-10,587	-10,587	-8,367	0	0	0	-	-	-	-	0	0	0	0
Debt issuance costs paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	548	548	548	454	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted stock units vested and issued
2,358	2,424	2,481	2,507	840	860	765	738	237	151	151	152	256	256	256	256	458	458	458	458	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for stock options exercised net of shares surrendered for employee taxes
-1,028	-708	-2,108	-3,187	-2,637	-2,768	-1,393	-418	-290	-157	-148	11	0	0	0	0	-	-	-	-	702	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities, net
-595	-766	-298	-244	-201	-252	-203	-153	-101	0	0	0	-	-	-	-	-15	-341	-341	-341	-326	-145	-45	-7	0	278	486	508	604	775	761	663	660	606	359	361	261	0	0	0
Net cash used in financing activities
-40,887	-34,845	-30,990	-28,645	-23,755	-23,797	-31,575	-30,503	-29,721	-29,431	-19,486	-21,347	-27,151	-27,243	-45,852	-52,437	-50,684	-62,484	-43,758	-34,914	-30,665	-18,098	-17,726	-17,442	-17,354	-23,483	-22,720	-22,144	-23,007	-18,650	-18,109	-17,650	-15,234	-12,049	-34,474	-34,103	-33,834	0	0	0
Effect of exchange rate changes on cash
-456	2	-144	-343	-501	-421	-361	135	322	171	212	-157	23	-381	-309	-238	-417	-316	-470	-557	-470	-312	-192	-161	-233	-85	-45	-46	-8	-21	-126	-60	-5	23	142	95	46	0	0	0
Net increase (decrease) in cash and cash equivalents
-45,080	8,401	3,692	10,053	25,252	31,820	10,242	840	-10,113	-9,440	15,074	17,687	16,866	14,026	-7,179	-14,662	-18,167	-34,071	-14,859	-15,950	-1,038	17,710	6,444	12,297	3,634	561	11,604	7,569	23,511	3,864	-2,865	1,411	-11,721	15,753	-4,137	-4,847	-3,121	0	0	0