RADIANT LOGISTICS, INC RLGT Cash Flow

Radiant logistics, inc (RLGT)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	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	Dec'10	Sep'10
OPERATING ACTIVITIES:
Net income
126	2,680	3,331	4,604	3,179	6,334	3,263	4,947	700	3,898	888	-503	922	2,626	1,874	-110	-1,700	-1,997	354	2,196	1,355	860	1,542	2,129	1,664	279	1,108	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	403	903	-74	417	655	581	770	716	782
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY (USED FOR) OPERATING ACTIVITIES
Share-based compensation
409	467	430	408	409	464	331	398	386	380	350	321	323	329	331	322	327	368	390	382	281	246	204	189	199	143	133	63	101	103	101	91	68	41	24	-	-	-	-
non-cash compensation expense (stock options)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-25	-54
Amortization of intangible assets
2,489	2,599	2,630	2,518	2,519	2,500	2,472	2,472	2,490	2,443	2,494	2,279	2,076	2,083	2,074	2,073	2,075	2,217	2,195	2,157	1,125	960	1,151	1,105	1,100	1,107	700	727	784	845	957	997	874	473	290	280	167	248	245
Depreciation and amortization of property, technology, and equipment
1,792	1,497	1,406	1,396	1,328	1,315	1,161	1,134	1,151	1,124	1,081	1,031	929	945	932	699	962	902	910	543	154	139	127	122	132	134	129	-	-	-	-	-	-	-	-	-	86	78	79
depreciation and leasehold amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	147	169	162	125	155	126	99	-	-	-	-
Deferred income tax benefit
-820	-488	-229	-16	-48	-357	-253	1,279	-190	-2,776	-512	-1,045	-4	-236	-422	-696	-131	-1,872	-435	-523	-992	5	-245	-168	-67	-53	-150	350	583	-860	-374	-140	-36	267	-151	-77	-32	119	-118
Amortization of debt issuance costs
170	53	55	55	56	56	59	59	61	61	62	78	80	79	80	86	101	100	101	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
change in non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	50	41
amortization of loan fees and original issue discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	15	15	86	85	74	71	68	66	63	61	19	0	-	-	-	-
Change in fair value of contingent consideration
4	33	15	-25	-611	-476	-95	-1,101	35	190	-300	1,638	737	806	250	375	442	598	-412	-2,771	-428	-170	-550	-683	-1,145	-17	-195	-1,875	-675	-325	50	-	-	-	-	-	-	-	-
Transition and lease termination costs
-	-	9	-	-	-	0	-69	0	0	-107	-677	0	-23	-21	-360	-235	-420	-2,522	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of property, technology, and equipment
0	-1	1	-35	24	6	16	-28	4	15	4	43	-10	5	-9	187	-118	-57	-54	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in (recovery of) allowance for doubtful accounts
-136	335	5	651	-163	-340	-332	-419	722	-176	-231	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-20	0	0	-	-	-	-
change in non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	30	40	47	41	47	-	-	-	-
change in (recovery of) provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	165	-63	46	127	-140	446	-178	-37	9	-133	-9	135	-127	-599	181	-37	-150	165	157	72	-124	-379	150	-	-	-	-
CHANGES IN OPERATING ASSETS AND LIABILITIES NET OF BUSINESS ACQUISITIONS:
recovery of doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	-125	-26
Accounts receivable
-1,187	-1,845	3,689	1,431	-16,945	8,327	-4,440	19,394	-838	-3,349	6,592	18,077	-15,561	-708	13,294	1,981	-10,180	-16,364	-1,121	3,831	1,250	-280	-1,512	11,921	2,777	-2,371	-2,946	5,234	1,799	-8,570	2,021	6,607	2,367	-38	1,144	3,590	-407	-112	2,301
Contract assets
-4,508	-1,796	4,328	-2,913	-3,568	-2,996	-6,759	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
employee and other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-58	-239	326	186	-85	98	-2	-191	89	-35	-36	-215	102	-21	-33	8	10	51	-30	62	-37	-43	-	-	-	-
Income tax receivable
-884	259	937	197	872	-1,612	-1,055	-	-	-	233	-1,127	977	441	-1,380	-3,042	-237	984	1,585	3,600	-433	746	338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
income tax receivable/payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	598	-983	41	468	246	266	-390	251	676	-310	132	-844	-	-	-	-
employee loan receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	-4	0
station and other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24	-21	-77
income tax deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Prepaid expenses, deposits and other assets
5,665	-624	-1,307	-1,244	-1,643	2,798	1,876	880	-1,010	289	-692	538	3,453	-5,041	2,129	2,227	-156	-709	-1,793	232	-2,048	397	2,109	825	-182	-590	266	472	-647	-1,205	1,197	86	-788	87	1,386	432	-835	679	20
Accounts payable
-6,337	-4,772	2,859	-	-9,815	7,042	-5,488	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
accounts payable
-	-	-	-	-	-	-	9,441	-1,497	-3,519	-939	13,256	-9,437	-3,050	9,642	349	-5,818	-9,715	-1,185	-91	-67	1,529	-590	7,676	904	1,909	-2,343	2,781	-1,547	-6,417	1,139	6,727	-3,329	10,226	-2,622	-	-	-	-
Operating partner commissions payable
-3,527	2,380	-1,353	-395	-1,109	526	506	2,640	480	-264	623	1,028	-4,159	3,139	1,805	-569	-2,656	2,500	-445	1,575	-1,183	511	535	122	139	393	-1,171	384	1,145	-423	283	-	-	-	-	-	-	-	-
Accrued and other liabilities
-2,859	-2,123	-1,353	-	-246	-38	-6,808	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
accrued expenses
-	-	-	-	-	-	-	783	238	-963	503	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
accounts payable and accrued transportation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-874	1,072	946
commissions payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-818	39	1,046	340	-715	561
other accrued costs
-	-	-	-	-	-	-	-	-	-	-	-	568	-1,699	451	243	-341	-1,893	-377	-74	612	-454	380	28	147	-148	65	15	124	-59	54	-125	109	169	-104	-239	77	23	122
other liabilities
-	-	-	-	-	-	-	-223	108	-21	473	-103	118	-325	327	-231	-6	-405	268	-357	-5	15	-1	-	-	-	-	-33	0	-13	-15	-14	-87	-19	-14	-	-	-	-
deferred rent liability
-	-	-	-	-	-	-	-26	75	-23	112	1	-50	-28	85	-112	28	26	-232	234	3	13	-4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
transition and lease termination liability
-	-	-	-	-	-	-	-344	-309	-51	-213	-326	-345	-309	-221	-172	-392	-561	-121	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
lease termination liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-463	-40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
deferred rent liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	-5	-3	-2	2	1	8	27	13	-1	-	-	-	-
income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-121	-95	231
other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-96	48	48
lease termination liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-91	-50	-	-	-	-	-	-	-	-	-	144	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	2,760	9,256	3,480	2,245	3,491	11,030	4,640	-4,325	2,243	2,517	1,615	-1,545	-454	7,277	1,656	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) operating activities
-7,623	6,175	129	6,340	17,085	10,546	5,842	1,366	3,325	1,247	-1,177	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,428	-2	892	-3,112	5,457	324	-636	1,775	1,067	725
INVESTING ACTIVITIES:
Payments to acquire businesses
-	-	-	-	-	-	-	136	5	-425	1,025	11,465	0	0	50	0	0	800	0	40,524	0	2,756	750	-	-	6,952	0	-	-	-	-	-	-	-	-	3,089	3	260	75
Purchases of technology and equipment
-	-	1,697	-	-	-	1,134	1,135	1,541	1,678	1,383	1,332	1,419	1,522	662	741	560	1,401	995	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of technology and equipment
-	-	15	-	-	-	232	47	19	27	41	130	9	15	37	414	244	86	66	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property, technology, and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	773	933	293	83	84	25	43	32	18	71	200	185	187	28	299	138	71	91	78
Payments to former shareholders of acquired businesses
-	-	-	-	-	-	-	-	-	-	-	0	0	0	50	0	0	0	684	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-98	614	-	-	-	-
Net cash used for investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-1,410	-1,507	-725	-327	-316	-2,115	-1,613	-42,383	-773	-3,689	-1,043	-83	-1,896	-6,978	-43	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-11,098	-1,025	-1,682	-1,477	-2,427	-1,395	-902	-1,088	-1,527	-1,787	-2,367	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,100	-200	-185	-2,842	-7,586	-913	-4,804	-74	-352	-154
FINANCING ACTIVITIES:
Proceeds from (repayments to) revolving credit facility, net
28,707	-3,081	6,538	-3,094	-19,101	16,442	-2,003	1,070	-1,298	3,144	4,975	478	4,484	-2,691	1,712	-	-	-	-37,708	29,059	420	879	206	-	-	-	-	-	-	-	812	-419	4,579	-5,436	659	-	-	-	-
Payments of debt issuance costs
-	-	-	-	-	-	-	0	1	1	87	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of notes payable and finance lease liability
768	1,388	1,059	-	952	918	843	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock offering, net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	38,430	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30	-42	-36
Repurchases of common stock
-	-	-	-	-	-	-	-	-	-	-	0	0	0	253	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	53	417
Payments of loan fees
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from credit facility, net of credit fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,157	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings from (repayments to) credit facility, net of credit fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,708	1,422	-100
Repayments of notes payable
-	-	-	-	-	-	-	840	900	871	835	594	594	581	585	26,157	43	43	42	-	-	-	-	767	2,000	8,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-
Payments of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	251	1,055	150	0	0	259	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments of preferred stock dividends
0	0	0	0	0	792	511	512	511	512	511	512	511	512	511	512	511	512	511	511	511	511	511	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Distribution to non-controlling interest
0	90	180	270	420	150	90	72	0	84	0	42	0	0	42	0	0	48	0	41	0	0	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of employee tax withholdings related to vesting and cashless exercise
-	-	-	-	-	-	-	86	175	127	2	249	128	21	30	145	15	18	86	2,907	488	31	356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
24,810	-5,567	4,839	-4,428	-20,549	-6,596	-3,510	-440	-2,885	1,136	3,540	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,279	812	-1,287	4,483	3,743	659	5,814	-1,738	-1,517	-353
Effect of exchange rate changes on cash and cash equivalents
2,057	-250	512	-	-538	1,402	-466	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
8,146	-667	3,798	-	-6,429	3,957	964	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	136	-58	2	58	2,302	515	-24	462	291	625	65	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	3,251	-7,251	291	-16,912	-3,716	929	141	52,194	-1,010	-195	-367	541	-5,520	2,744	6,157	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	2,929	836	-1,887	-37	-4	69	-39	-10	-35	212	51	-205	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	2,767	-251	-1,291	-41	-7,125	4,670	459	3,036	-15,029	-329	9,895	2,963	5,091	459	-1,367	204	-1,087	-7,870	3,044	7,770	-285	-414	1,048	609	-581	-1,471	1,614	70	373	-37	-802	218
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Income taxes paid
143	1,668	1,990	1,205	1,832	1,158	178	96	683	1,879	1,404	331	1,886	2,170	333	286	162	1,657	401	342	5	1,382	1,034	510	1,552	96	334	696	267	905	462	121	301	81	1,406	500	594	348	433
Interest paid
527	602	650	646	641	782	735	678	748	743	701	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	535	542	570	783	1,117	1,216	1,406	1,334	107	79	74	83	85	673	417	441	443	422	429	460	237	80	101	36	21	22	40
Restricted Stock Awards
Payments of employee tax withholdings related to vesting and cashless exercise
12	0	314	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock Options
Payments of employee tax withholdings related to vesting and cashless exercise
-15	0	146	-	76	34	63	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-