R F INDUSTRIES LTD RFIL Cash Flow

R f industries ltd (RFIL)

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
OPERATING ACTIVITIES:
Consolidated net income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,612	1,405	735	538	773	0	0	0
Consolidated net income
-	-	-	-	-	-	-	4,155	1,030	382	-2,948	-3,737	-3,930	-4,089	-794	13	576	994	1,049	1,211	1,239	1,439	1,139	1,684	2,385	3,602	0	0	0	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-180	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations
-	-	-	-	-	6,026	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile consolidated net income to net cash provided by (used in) operating activities:
Bad debt expense
20	21	-10	-36	17	8	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense
-	-	-	-	-	-	-	-	-	10	2	19	-9	9	22	8	35	20	17	7	-14	-34	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt (recovery) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	57	24	37	14	-0	15	0	0	0
Accounts receivable write-off
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	33	34	34	34	49	48	48	44	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
681	563	548	537	523	513	240	326	413	506	916	942	984	1,036	1,046	1,135	1,078	996	866	687	633	592	616	626	642	652	624	616	597	600	619	593	503	391	0	0	0
Gain on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
390	317	282	271	250	211	242	247	238	214	211	203	205	206	204	233	234	232	251	220	393	390	394	396	246	232	261	250	229	264	310	290	286	312	0	0	0
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-68	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
8	-43	-146	-89	-53	-79	-247	-304	-329	-290	-283	-283	-283	-307	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	327	855	879	1,061	1,060	496	484	267	87	168	333	341	312	0	0	0
Changes in operating assets and liabilities:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	0	0	0	-	-	-	-
Trade accounts receivable
-1,454	6,640	3,535	-4,286	1,673	1,360	2,862	8,022	1,858	405	-518	475	-182	107	428	-471	155	400	193	669	69	-732	-972	-2,268	-3,220	-1,934	467	1,929	2,947	2,585	309	178	-132	-750	0	0	0
Inventories
-1,037	657	1,269	879	1,874	1,570	497	526	378	158	158	-348	-234	-417	-290	973	320	205	246	-265	-318	-517	-599	-638	392	110	554	863	455	795	554	785	893	1,228	0	0	0
Other current assets
-151	-218	-127	142	92	321	130	-889	-803	-878	-949	-107	48	554	480	693	330	5	295	-108	-89	-969	140	76	45	947	-89	132	199	152	-247	-118	223	43	0	0	0
Right of use assets
-100	1	0	0	0	-21	-42	-58	-73	-72	-65	-69	-85	102	118	138	169	2	0	0	-2	-9	-9	-11	-12	-5	0	0	0	-	-	-	-	-	-	-	-
Accounts payable
-1,591	106	35	-5,119	70	306	765	4,383	854	451	51	816	-276	-355	-807	-704	-221	-354	297	504	295	69	-236	-374	-467	-637	-249	-320	-217	908	746	431	611	-302	0	0	0
Customer deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	51	51	51	51	0	0	0	0	-	-	-	-
Income taxes prepaid (payable)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Accrued expenses
186	-211	-777	-1,151	-391	1,516	1,536	1,990	864	-486	-190	9	-259	-98	-552	42	-833	-451	-478	-947	6	-339	-473	-1,051	-1,164	-341	252	949	1,183	536	109	-219	-11	210	0	0	0
Income tax payable
0	-	-	-	0	-	-	-	-	-	-	0	0	-	-	0	0	-	1	287	86	400	752	871	728	450	459	741	1,148	1,269	0	0	0	-	-	-	-
Income tax receivable
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other long-term liabilities
0	-	-	-	0	-	-	-	-	-128	-377	-356	-289	-249	0	0	0	-	-	-	-	-	-	-	-	-15	-25	-110	-119	-117	0	0	0	-	-	-	-
Net cash provided by (used in) operating activities
-	-	-	-	-	5,270	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities from discontinued operations
-	-	-	-	-	945	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
0	-	-	-	0	-	-	-	-	-	1,621	152	-453	-1,267	-2,150	-1,005	-708	168	0	0	0	-	-	-	-	-	4,603	3,225	2,890	2,335	2,753	690	337	122	0	0	0
INVESTING ACTIVITIES:
Proceeds from landlord for tenant improvements
-	-	-	-	-	34	34	34	34	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	22	38	38	38	16	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	321	322	322	322	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of certificates of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,647	0	0	0
Maturity of certificates of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,095	6,267	6,518	5,427	6,076	0	0	0
Capital expenditures
518	538	549	387	317	266	273	223	187	171	60	278	320	384	432	212	240	204	179	213	172	148	245	277	248	281	232	207	441	590	599	695	539	368	0	0	0
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of Schrofftech, net of cash acquired ($99)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	5,132	5,132	2,249	2,249	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	3,969	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities from discontinued operations
-	-	-	-	-	-272	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
0	-	-	-	0	-	-	-	-	-	-61	-279	-254	26	-5	-2,668	-2,463	-5,320	0	0	0	-	-	-	-	-	-232	542	2,653	3,505	5,671	3,024	-810	-1,738	0	0	0
FINANCING ACTIVITIES:
Proceeds from exercise of stock options
709	660	509	1,057	1,298	1,113	1,048	468	212	55	26	1	29	49	339	370	346	328	83	114	231	570	1,060	1,129	1,788	2,761	2,438	2,372	1,645	354	308	651	827	981	0	0	0
Excess tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	5	-29	130	131	154	0	0	0	-	-	-	-	327	855	879	1,061	1,060	496	485	267	87	168	332	341	312	0	0	0
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,143	0	0	0	-	-	-	-
Principal payments on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	0	0	0	-	-	-	-
Dividends paid
755	748	746	743	740	730	721	714	707	707	707	707	707	1,141	1,573	1,995	2,414	2,382	2,352	2,331	2,310	2,302	2,282	2,250	2,219	2,349	2,139	1,936	1,734	1,387	3,179	3,008	2,796	2,528	0	0	0
Net cash provided by financing activities
-46	-88	-237	314	558	383	356	-217	-467	-647	-711	-577	-705	-1,096	-1,104	-1,699	-1,985	-1,971	0	0	0	-	-	-	-	-	781	906	-192	-2,109	-3,963	-3,289	-2,537	-1,352	0	0	0
Net cash (used in) provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	4,171	1,526	781	849	-704	-1,412	-2,337	-3,259	-5,372	-5,156	-7,123	-6,329	-3,023	-1,855	2,837	3,455	4,930	5,828	6,389	5,152	4,673	5,351	3,731	4,460	425	-3,010	-2,968	0	0	0
Net increase (decrease) in cash and cash equivalents
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental cash flow information - income taxes paid
-	-	-	-	-	1,826	1,821	720	339	349	74	56	56	208	183	706	706	645	1,069	546	-57	442	581	659	1,845	1,845	1,624	2,141	1,558	955	840	365	605	925	0	0	0
Supplemental schedule of noncash investing and financing activities:
Retirement of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,143	0	0	0	-	-	-	-
Dividends payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Stock issuance for acquisition of businesses (Comnet and Rel-Tech)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,260	1,260	1,060	1,060	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-