Gibraltar industries, inc. (ROCK)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'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'11Dec'10Sep'10Jun'10Mar'10
Cash Flows from Operating Activities
Net Income (Loss) Attributable to Parent

12,059

14,357

24,476

19,913

6,345

13,117

19,503

22,837

8,352

25,176

20,619

12,769

3,996

-7,752

13,786

18,612

9,029

220

13,632

4,087

5,509

-95,709

9,540

6,431

-2,086

4,009

-13,727

7,732

-3,647

-3,924

7,301

7,906

1,362

-6,605

6,914

7,805

8,409

-74,515

1,197

3,481

-21,231

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-28

-1

-31

0

0

0

0

0

-4

-188

279

-9

-87

249

-469

559

6,968

1,823

416

888

-18,839

Income from continuing operations

-

-

-

-

-

-

-

-

-

25,176

20,619

13,174

3,996

-

-

-

-

220

13,632

4,087

5,537

-95,708

9,571

6,431

-2,086

4,009

-13,727

7,732

-3,643

-3,736

7,022

7,915

1,449

-6,854

7,383

7,246

1,441

-76,338

781

2,593

-2,392

Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization

5,338

5,026

5,031

4,951

4,941

4,925

5,104

5,156

5,189

5,263

5,421

5,526

5,480

6,563

5,695

5,802

6,054

7,891

9,418

7,090

6,149

5,980

6,348

6,538

6,566

6,654

6,680

6,812

6,904

6,506

6,546

6,729

6,563

6,666

6,778

6,846

5,891

-42,013

5,979

5,994

6,076

Equity in partnership's loss (income)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

Stock compensation expense

1,665

2,483

3,996

3,720

2,371

2,335

2,026

2,731

2,097

2,053

1,878

1,556

1,635

1,707

1,448

1,870

1,348

1,216

1,269

838

568

771

763

956

660

426

515

650

973

438

672

708

1,330

747

763

856

2,276

716

918

1,002

1,679

Net gain on sale of assets

-

-

-

-

-

-

-

-

-

-

100

51

-12

-183

27

9

189

-1,472

-472

234

8,141

-45

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exit activity costs, non-cash

-

-

-

-

-

256

1,750

65

-727

54

806

-1,820

-917

3,654

2,802

164

910

5,257

502

2,637

108

-1,227

250

261

261

880

240

223

273

361

397

396

393

639

560

565

564

-

-

-

-

(Benefit of) provision for deferred income taxes

-216

3,732

-707

-115

393

4,781

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

125

Other, net

411

-8,563

830

-19

2,456

-2,357

457

304

353

-3,406

783

388

240

-2,669

1,184

-229

-220

-4,876

1,509

255

-1,647

-1,639

1,592

537

-550

817

-2,349

-1,228

-425

-1,020

-350

-2,529

-277

-1,884

-317

-583

-537

-

-

-

-

Loss on early note redemption

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-7,166

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash charges to interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,407

Other non-cash adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-434

Changes in operating assets and liabilities, excluding the effects of acquisitions:
Accounts receivable

7,059

-47,227

15,489

13,533

27,623

-40,271

8,486

26,995

-4,947

-20,504

27,864

9,984

4,462

-34,032

5,349

5,735

-14,880

-10,870

-2,079

14,832

15,332

-18,708

-8,896

24,820

17,107

-24,332

-8,944

11,483

22,813

-25,678

-5,450

9,729

15,131

-27,514

-5,032

16,026

24,132

-19,233

-7,191

15,232

15,378

Inventories

6,004

-4,488

-5,153

-13,429

-35

688

1,278

6,078

8,907

1,146

229

93

-2,338

-2,044

-4,750

-4,871

-117

-14,709

-5,966

-6,957

5,361

3,073

-197

-543

6,266

4,760

-3,417

-6,174

9,802

376

-6,500

-818

7,964

-1,402

-4,269

1,925

13,847

-1,182

-4,747

-980

6,757

Other current assets and other assets

-6,144

2,169

1,966

5,148

-165

1,074

-3,892

4,338

-1,498

627

-172

2,584

-410

-4,412

-2,432

4,079

254

-1,288

-886

3,201

-1,786

1,254

-2,763

1,717

2,248

-204

-2,604

3,438

-232

-104

-1,500

1,252

-2,057

-663

-1,113

-682

-7,714

5,722

-243

-8,858

1,753

Accounts payable

-17,789

-20,199

18,758

-1,320

5,332

-14,065

3,173

7,758

-1,694

-13,802

8,172

11,290

5,672

-19,427

4,794

2,674

-5,101

-15,002

-10,409

11,804

8,450

-11,055

-7,438

16,638

13,060

-11,502

-1,568

210

13,277

-9,904

-9,717

3,837

12,014

-11,822

-3,187

2,508

14,577

-6,069

-6,028

6,241

18,362

Accrued expenses and other non-current liabilities

-37,561

538

25,447

22,096

-31,903

7,796

15,872

16,963

-33,314

-10,237

17,589

1,975

-12,061

-9,785

20,841

1,230

-11,033

6,634

8,058

11,181

-6,869

-1,681

2,135

6,548

-8,016

4,227

0

9,848

-5,679

-1,883

9,680

-900

-14,037

-7,249

11,301

4,970

-4,445

2,589

6,206

-4,067

1,531

Net cash provided by operating activities of continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,388

32,647

17,956

-12,687

23,616

28,614

11,051

-13,049

18,618

34,329

6,305

-9,424

14,488

20,708

8,572

3,423

Net cash used in operating activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2

0

-7

-270

155

-5

-31

358

-357

-48

-3,086

453

2,928

3,386

15,411

Net cash used in operating activities

-43,012

57,441

66,008

43,974

-37,488

59,335

42,013

18,403

-22,206

21,239

27,111

19,377

2,343

21,801

52,745

33,900

15,541

42,733

32,730

26,510

-14,752

14,397

21,930

10,841

-14,626

22,388

32,645

17,956

-12,694

23,346

28,769

11,046

-13,080

18,976

33,972

6,257

-12,510

14,941

23,636

11,958

18,834

Cash Flows from Investing Activities
Acquisitions, net of cash acquired

54,539

-70

8,401

0

264

0

5,241

0

0

0

0

-67

18,561

21,098

0

0

2,314

1

6,302

134,318

0

-

-

-

-

-

-

-

-

42,366

0

0

2,705

-

-

-

-

-

-

-

-

Net proceeds from sale of property and equipment

52

19

27

38

22

2

218

106

2,823

161

157

3,545

9,233

704

87

105

57

108

211

0

26,181

34

8

5,813

137

163

12,200

120

127

242

3

406

8

248

504

11

463

42

111

61

7

Purchases of property, plant, and equipment

2,822

3,481

1,438

3,133

3,132

5,690

3,063

2,671

1,033

6,247

1,878

1,821

1,453

3,179

3,565

2,534

1,501

5,551

2,198

2,602

2,022

4,111

7,682

7,442

4,056

6,124

4,075

2,762

1,979

4,499

2,290

1,819

2,743

3,714

3,291

2,762

1,785

2,098

1,908

2,837

1,519

Purchase of other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

-

-

-

-

Net proceeds from sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,500

0

1,029

58,000

0

0

-936

30,100

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,118

0

0

-1,215

61

-156

0

-121

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities of continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,306

-2,047

-4,462

28,588

Net cash provided by investing activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

31

-172

-286

Net cash used in investing activities

-57,309

-3,392

-9,812

-3,095

-3,374

-5,688

-8,086

-2,565

1,790

-6,086

-1,721

1,791

-10,781

-23,573

-3,707

6,050

-2,640

-5,444

-8,289

-135,705

24,098

-3,921

-7,674

-1,508

-3,919

-6,153

2,927

-2,788

-1,852

-46,623

-2,287

-1,413

-5,440

3,391

-698

-109,327

56,428

-2,263

-2,016

-4,634

28,302

Cash Flows from Financing Activities
Long-term debt payments

0

0

0

2,000

210,000

0

0

400

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

405

2

10

4

402

204,678

59

10

402

2

-

-

-

-

0

8

8,959

50,000

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

210,000

-

-

-

-

-

-

-

-

-

-

-

-

Payment of note redemption fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,702

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs

0

0

0

0

1,235

0

0

0

0

-

-

-

-

0

0

0

54

1,166

0

0

0

-

-

-

-

41

103

44

3,711

-

-

-

-

-

-

-

-

0

100

16

48

Purchase of treasury stock at market prices

4,184

810

346

998

2,151

616

533

5,166

850

890

979

81

922

361

716

48

414

388

181

31

356

70

97

0

408

72

6

0

636

0

2

80

888

0

7

89

730

0

6

117

991

Excess tax benefit from stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-37

19

18

1

18

-10

91

10

0

-21

83

-4

-45

-39

98

-

-

-

-

-1

-8

-43

106

Net proceeds from issuance of common stock

24

90

192

69

139

42

817

300

226

25

402

236

11

449

835

1,924

133

1,564

57

171

9

87

104

39

365

306

6

9

327

226

42

10

0

24

0

0

10

-

-

-

-

Net cash used in financing activities

-4,160

-720

-154

-2,929

-213,247

-574

284

-5,266

-624

-865

-577

-245

-911

88

119

1,476

-335

-10,990

-19,161

29,759

-329

-17

25

-376

46

193

-107

-458

-2,317

163

-33

-511

-792

-1,514

-20,052

19,511

-720

-1

-122

-306

-50,933

Effect of exchange rate changes on cash

-916

416

-306

423

612

-1,480

459

-570

-499

-40

840

555

73

-1,201

-209

61

1,203

-772

-1,371

558

-1,327

-862

-1,025

614

-354

-237

746

-361

-877

15

615

-386

522

209

-1,260

148

440

-

-

-

-

Net decrease in cash and cash equivalents

-105,397

53,745

55,736

38,373

-253,497

51,593

34,670

10,002

-21,539

14,248

25,653

21,478

-9,276

-2,885

48,948

41,487

13,769

25,527

3,909

-78,878

7,690

9,597

13,256

9,571

-18,853

16,191

36,211

14,349

-17,740

-23,099

27,064

8,736

-18,790

21,062

11,962

-83,411

43,638

12,551

21,498

7,018

-3,797