Rcm technologies inc (RCMT)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Sep'18Jun'18Mar'18Dec'17Dec'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'11
Cash flows from operating activities:
Net (loss) income

-5,945

1,009

335

1,251

1,463

599

-

684

381

1,051

-

251

1,020

189

550

-216

110

863

1,001

2,976

962

689

1,388

1,717

1,877

2,017

1,203

-1,582

1,142

1,470

960

1,030

633

505

1,059

1,137

724

1,242

1,175

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

335

397

386

408

397

411

-

344

398

414

-

528

422

410

397

392

388

399

390

383

434

334

316

318

337

277

271

282

279

281

269

368

416

259

278

282

279

280

308

Imputed interest on contingent consideration

36

21

-56

48

48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-92

-

-

-

-

-

-

-

-

Changes in fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

-

-

-

-

Share-based compensation expense

69

334

24

207

241

222

-

121

89

112

-

179

196

192

203

287

209

204

201

539

296

307

304

255

183

194

174

334

146

196

173

109

6

40

14

41

19

27

23

Provision for losses on accounts receivable

7,792

197

53

61

11

161

-

622

161

162

-

79

-297

267

161

744

-82

-59

13

181

219

231

390

88

394

438

18

-12

-315

29

-233

-236

76

273

4

100

100

68

-103

Deferred income tax (benefit) expense

2,217

-996

-35

-37

-36

-1,326

-

-38

25

-91

-

2,630

-98

-98

-98

-151

-93

-108

-111

-949

-123

-125

-125

-614

-427

-706

-159

1,152

-188

-165

-165

-351

-162

-131

-137

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

-974

2,442

-727

-353

6,264

6,017

-

-4,496

82

6,078

-

4,141

-2,075

-944

-663

3,173

-5,437

-5,385

2,222

-989

-6,717

-1,546

4,991

-711

1,609

-211

4,247

1,418

5,453

-291

5,893

5,584

-2,215

643

681

570

-4,387

1,337

475

Prepaid expenses and other current assets

-166

1,128

175

-548

-110

-423

-

867

-276

2

-

523

21

-272

21

619

-241

-553

-1,053

2,180

-130

107

68

68

-1,450

649

1,227

636

-364

137

-455

10

-762

395

197

-98

75

157

277

Net of transit accounts receivable and payable

-973

3,234

39

-917

-45

-1,952

-

466

-149

1,243

-

-2,519

917

489

-217

-2,356

820

1,143

-2,827

1,953

478

-321

2,106

-25

2,404

-2,470

-65

-1,432

-500

-908

-3,233

6,677

-1,233

3,406

-1,869

-

-

-

-

Accounts payable and accrued expenses

-6

281

-1,901

-639

-826

1,240

-

1,206

-213

-1,212

-

995

-777

71

-607

1,456

201

-1,456

-491

-331

1,174

-2,442

1,519

-2,020

-2,798

1,794

36

-1,502

2,790

1,129

1,259

597

673

-625

-275

-217

227

-863

-86

Transit accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,872

-855

-3,824

-1,501

8,077

-5,169

6,992

-942

-

-

-

-

Accrued payroll and related costs

-1,289

644

-769

-345

-872

430

-

-760

1,735

-70

-

668

-653

417

51

861

-1,498

977

-1,813

1,012

-248

1,704

-1,631

-1,439

-931

-1,001

1,050

2,187

1,599

-746

911

-1,478

2,039

-1,614

1,429

-2,611

1,889

-1,348

973

Right of use assets and liabilities

20

-9

-14

-7

266

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

21

8

1

239

-210

-814

-

256

565

-269

-

-1,128

480

309

157

-763

168

796

-16

-586

634

-274

-155

157

351

257

-309

-593

557

-37

367

-339

-260

-108

601

279

89

-394

370

Total adjustments

6,874

-1,917

-1,728

1,827

-7,018

-2,727

-

4,990

3,053

-8,095

-

-2,136

606

3,272

1,319

-277

4,337

5,764

53

2,017

9,001

1,745

-6,297

1,265

-4,600

4,697

-4,010

-2,950

-200

-1,745

-887

-4,914

2,153

904

2,194

-4,510

9,426

-3,457

733

Net cash provided by (used in) operating activities

929

-908

-1,393

3,078

-5,555

-2,128

-

5,674

3,434

-7,044

-

-1,885

1,626

3,461

1,869

-493

4,447

6,627

1,054

4,993

9,963

2,434

-4,909

2,982

-2,723

6,714

-2,807

-4,532

942

-275

73

-3,884

2,786

1,409

3,253

-3,373

10,150

-2,215

1,908

Cash flows from investing activities:
Property and equipment acquired

35

66

63

137

101

104

-

816

309

289

-

293

195

460

92

114

75

263

394

239

1,557

379

615

139

603

907

442

335

226

532

313

261

139

38

73

39

77

91

67

Decrease in deposits

-

-

-

-

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in deposits

-

-

-

-

-

-

-

-

-

-11

-4

-

3

1

0

12

-12

14

1

-15

0

20

-2

1

-13

-16

-42

-

-

-

-

64

-35

0

-74

2

-6

31

-43

Net cash used in investing activities

-35

-67

-58

-136

-102

-1,160

-

-810

-313

-300

-

-1,060

-192

-459

-92

-102

-87

-249

-393

297

-2,357

-359

-617

-138

-616

-923

-484

-292

-219

-498

-313

-197

-1,466

-38

-147

-74

-174

-60

-110

Cash flows from financing activities:
Borrowings under line of credit

22,279

23,353

19,970

24,809

27,422

25,342

-

20,943

20,328

23,716

-

32,507

17,842

20,511

22,058

24,418

19,369

17,590

22,228

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments under line of credit

24,273

20,326

19,178

28,295

20,533

22,261

-

25,686

23,139

18,982

-

14,679

18,484

23,143

23,644

21,258

23,108

22,600

23,328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net repayments under line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of stock for employee stock purchase plan

140

0

156

0

165

0

-

191

0

194

-

0

202

0

192

0

180

0

188

0

194

0

179

0

184

0

155

0

139

0

120

0

67

0

61

0

84

0

84

Changes in finance lease obligations

-80

-

72

73

73

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

19

510

18

184

64

16

13

55

30

598

75

32

207

19

17

54

23

Common stock repurchases

-

-

-

-

-

-

-

-

-

-

-

0

0

0

365

2,429

697

533

598

2,328

508

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration paid

0

24

0

330

244

0

-

0

300

0

-

904

532

250

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock repurchases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-83

-279

-355

-3,777

-293

-669

-929

-254

-655

Contingent consideration paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

678

35

110

0

0

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-1,934

2,467

1,020

-3,743

6,883

3,081

-

-4,552

-3,111

4,928

-

4,795

-972

-2,882

-1,767

541

-4,331

-6,221

-1,545

-8,982

-5,314

0

108

-4,848

202

184

-94

16

152

55

67

-12,016

-213

-3,745

-25

-650

-828

-200

-548

Effect of exchange rate changes on cash and cash equivalents

-165

-38

-44

-24

-15

-21

-

-33

-31

17

-

176

-28

-22

4

30

40

-26

2

135

-396

43

-465

110

-169

41

-337

76

-21

17

-54

8

-47

48

-20

-64

-58

18

-9

(Decrease) increase in cash and cash equivalents

-1,205

1,454

-475

-825

1,211

-228

-

279

-21

-2,399

-

2,026

434

98

14

-24

69

131

-882

-3,557

1,896

2,118

-5,883

-1,894

-3,306

6,016

-3,722

-4,732

854

-701

-227

-16,089

1,060

-2,326

3,061

-4,161

9,090

-2,457

1,241

Supplemental cash flow information:
Interest

420

391

438

421

407

328

-

386

279

167

-

134

130

123

113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

142

192

121

145

94

128

18

16

12

23

20

12

13

21

7

9

6

20

-2

6

7

24

Income taxes

43

174

24

78

14

12

-

0

34

304

-

182

109

133

98

814

31

82

0

21

71

274

455

423

191

478

677

1,452

64

168

18

323

585

962

69

384

-225

1,160

521

Non-cash consideration for business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

453

0

0

313

-

-

-

-

-

-

-

-

-

-

-

-

Vesting of restricted stock units

172

136

0

83

217

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-