| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows used for operating activities: | ||||||||
Net (loss) income | ||||||||
-21,000 | -9,000 | 8,000 | -11,000 | 48,000 | 16,000 | 311,000 | 33,000 | 45,000 |
Adjustments to reconcile net (loss) income to net cash used for operating activities: | ||||||||
Depreciation and amortization | ||||||||
21,000 | 25,000 | 19,000 | 20,000 | 16,000 | 17,000 | 16,000 | 16,000 | 17,000 |
Restructuring charges, net of payments | ||||||||
5,000 | - | - | - | - | - | - | - | - |
Stock compensation expense | ||||||||
7,000 | 3,000 | 8,000 | 7,000 | 7,000 | 5,000 | 6,000 | 5,000 | 4,000 |
Other | ||||||||
-12,000 | -5,000 | -7,000 | -3,000 | -3,000 | -5,000 | -29,000 | 20,000 | -8,000 |
Changes in assets and liabilities: | ||||||||
Accounts receivable | ||||||||
17,000 | -34,000 | 20,000 | -10,000 | 17,000 | 51,000 | 32,000 | 30,000 | -51,000 |
Inventories – net | ||||||||
6,000 | -65,000 | 14,000 | 23,000 | 72,000 | 30,000 | 79,000 | 53,000 | 10,000 |
Other current assets | ||||||||
-10,000 | 40,000 | 5,000 | -8,000 | 16,000 | 23,000 | -2,000 | 11,000 | -5,000 |
Other assets | ||||||||
- | - | - | - | - | -2,000 | 12,000 | -7,000 | 1,000 |
Accounts payable | ||||||||
-1,000 | -15,000 | -48,000 | -45,000 | 70,000 | 80,000 | 45,000 | 88,000 | 18,000 |
Accrued liabilities | ||||||||
-80,000 | 28,000 | 11,000 | -11,000 | -6,000 | 80,000 | -5,000 | 38,000 | -48,000 |
Obligations payable to Honeywell | ||||||||
-2,000 | 14,000 | -1,000 | 1,000 | -49,000 | - | - | - | - |
Other | ||||||||
2,000 | - | - | - | -6,000 | - | - | - | - |
Other liabilities | ||||||||
- | - | - | - | - | 10,000 | 114,000 | 60,000 | 37,000 |
Net cash used for operating activities | ||||||||
-74,000 | 93,000 | -33,000 | -27,000 | -10,000 | 87,000 | 117,000 | 132,000 | 126,000 |
Cash flows used for investing activities: | ||||||||
Expenditures for property, plant, equipment and other intangibles | ||||||||
16,000 | - | - | - | 15,000 | - | - | - | - |
Expenditures for property, plant, equipment and software | ||||||||
- | - | - | - | - | 18,000 | 39,000 | 8,000 | 16,000 |
Cash paid for acquisitions, net of cash acquired | ||||||||
35,000 | 0 | 0 | 11,000 | 6,000 | - | - | - | - |
Proceeds received related to amounts due from related parties | ||||||||
- | - | - | - | - | - | 0 | 0 | 7,000 |
Net cash used for investing activities | ||||||||
-51,000 | -29,000 | -28,000 | -34,000 | -21,000 | -18,000 | -39,000 | -8,000 | -9,000 |
Cash flows provided by (used for) financing activities: | ||||||||
Net proceeds from revolving credit facility | ||||||||
350,000 | - | - | - | - | - | - | - | - |
Repayment of long-term debt | ||||||||
- | 11,000 | 0 | 5,000 | 6,000 | - | - | - | - |
Non-operating obligations paid to Honeywell, net | ||||||||
- | - | 6,000 | 3,000 | 15,000 | - | - | - | - |
Tax payments related to stock vestings | ||||||||
1,000 | - | 1,000 | 0 | 2,000 | - | - | - | - |
Net decrease in invested equity | ||||||||
- | - | - | - | - | - | 107,000 | 102,000 | 91,000 |
Cashflow provided by cash pooling | ||||||||
- | - | - | - | - | - | 123,000 | 0 | -8,000 |
Net cash provided by (used for) financing activities | ||||||||
349,000 | -75,000 | 53,000 | -8,000 | -23,000 | 19,000 | 15,000 | -102,000 | -99,000 |
Effect of foreign exchange rate changes on cash and cash equivalents | ||||||||
-8,000 | - | - | - | 1,000 | -7,000 | -2,000 | -4,000 | 1,000 |
Net increase (decrease) in cash and cash equivalents | ||||||||
216,000 | -10,000 | -10,000 | -70,000 | -53,000 | 81,000 | 91,000 | 18,000 | 19,000 |