Starrett l s co (SCX)
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'10
Cash flows from operating activities:
Net income

613

1,260

778

1,481

2,088

1,926

584

825

1,637

-6,521

426

-45

-786

1,063

759

-15,007

597

458

-178

-563

2,437

2,447

923

3,032

1,682

1,782

216

1,198

-1,485

476

-351

-4,646

1,570

1,715

2,249

1,565

2,319

1,694

1,267

Non-cash operating activities:
Gain on sale of building

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,089

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

1,305

1,218

1,212

1,280

1,206

1,301

1,260

1,299

1,361

1,403

1,399

1,348

1,288

1,342

1,390

1,447

1,333

1,494

1,558

1,617

1,858

1,963

1,996

2,084

2,023

2,047

2,023

2,095

2,050

2,218

2,166

2,264

2,271

2,199

2,305

2,341

2,351

2,230

2,429

Amortization

431

534

575

570

566

578

577

559

512

487

491

378

548

368

364

346

369

334

333

332

317

317

317

308

295

289

289

285

281

212

368

362

551

99

47

136

312

312

312

Stock-based compensation

124

72

214

118

87

67

107

54

59

69

116

90

97

96

127

89

88

83

144

75

76

86

125

146

11

39

55

90

23

77

41

-

-

-

-

-

-

-

-

Stock based compensation - length of service awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

59

-

-

-

-

-

-

-

-

-

-

-

-

Net long-term tax obligations

-29

166

26

-47

-84

67

44

48

-311

294

49

-101

-873

239

603

-883

307

-113

433

-479

1,170

1,723

0

-

-

-

-

321

-4

2

-280

74

-463

-17

122

351

3

44

60

Deferred taxes

-220

343

141

218

452

457

75

-421

399

7,339

-89

-204

289

132

281

-6,945

58

-43

42

164

-480

-42

1,343

108

851

-110

480

-1,659

878

-81

559

-5,363

409

-18

-107

-647

-200

80

167

Postretirement benefit and pension obligations

34

28

30

516

161

162

161

437

145

147

147

471

173

804

939

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized transaction gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

5

1

-

-9

8

5

14

3

7

-1

-7

1

9

20

28

24

201

-88

Retirement benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-297

Loss from equity method investment

-

-

-

-

-

-

-

-

-

-

-

-84

-266

33

10

29

16

26

47

33

54

69

47

61

44

58

94

80

71

162

157

120

94

77

-54

-

-

-

-

Working capital changes:
Accounts receivable

-1,051

1,262

-3,087

3,486

842

486

-1,604

4,028

1,872

841

-2,459

2,337

-4,351

4,713

-6,562

1,970

-78

2,133

-6,799

8,284

259

-103

-5,825

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,481

-

2,086

-499

-8,312

4,265

69

-966

-801

4,544

1,691

6,317

-4,700

Inventories

-991

-1,003

5,091

-1,339

2,249

2,216

1,078

-1,259

1,475

635

2,610

314

-1,205

224

3,165

-2,190

-2,086

-1,637

2,298

-4,422

4,449

2,701

3,457

-1,275

4,642

3,026

1,133

-8,195

-5,230

-2,159

3,590

-1,780

3,456

8,217

5,881

1,751

3,651

3,969

-352

Other current assets

872

-469

428

-1,061

-942

697

696

348

-1,400

460

1,414

-309

-62

-390

1,953

-119

-425

-592

827

-1,882

-69

249

1,219

-833

-298

-761

1,074

1,058

-1,844

812

-86

-437

-870

1,123

566

-2,451

-465

2,569

194

Other current liabilities

-1,679

-988

-2,796

1,928

1,375

1,930

-770

3,514

828

-369

548

1,267

-764

270

-1,296

970

1,814

-481

-826

219

3,485

-1,974

-1,012

2,109

895

-400

-733

4,270

-1,225

-4,024

-4,572

985

1,723

-503

-2,520

7,045

-869

-3,138

1,994

Prepaid pension expense

-3,427

-1,652

-1,281

-1,313

-1,955

-1,301

-1,197

-1,220

-1,684

-1,194

-663

-1,178

-1,885

-1,259

-1,159

-

-

781

780

-2,547

-3,318

-860

-6

735

413

482

443

1,101

55

352

244

15,544

110

223

160

-

-

-

-

Prepaid pension expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,187

1,051

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-74

-36

-49

-80

-99

-113

-234

-437

-6

-60

3

-99

-34

-50

-138

38

-139

74

5

236

-170

-140

-170

-693

841

-86

-230

-390

236

-30

-140

-98

45

-394

-544

-

-

-

-

Prepaid pension cost, retirement benefits and others

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-117

-397

-103

Net cash (used in) provided by operating activities

-1,604

1,227

-3,484

3,745

1,846

1,901

905

2,415

1,005

-221

856

-133

4,005

-1,475

491

-

-

-

-

-

-

-

4,957

-

2,433

406

5,237

11,527

5,283

939

2,967

7,363

3,376

-4,368

-2,812

7,025

-2,095

-624

883

Cash flows from investing activities:
Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,474

1,322

4,857

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property, plant and equipment

2,932

2,038

2,625

1,083

2,805

1,156

721

1,095

625

1,097

1,528

1,096

1,066

1,523

889

3,445

437

1,608

2,003

1,004

1,280

1,184

1,584

2,206

1,981

2,826

1,451

1,659

1,610

2,215

2,304

2,409

2,703

4,039

1,649

2,721

1,618

1,398

1,035

Software development

305

319

399

393

374

333

362

403

381

152

481

512

382

185

183

190

232

163

162

208

140

178

122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

17

28

28

27

26

26

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,250

Proceeds from sale of building

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,321

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-3,237

-2,357

-3,024

-1,476

-3,179

-1,489

-1,083

-1,498

-1,006

-1,249

-2,009

-1,608

-2,772

-1,708

2,249

-

-

-

-2,165

-

-

-

-1,734

-2,010

-2,008

-2,852

-1,477

-2,038

-1,635

-3,852

-2,304

-2,409

-2,586

-19,226

-1,649

-9,652

1,294

-1,998

215

Cash flows from financing activities:
Proceeds from long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

750

-

0

0

0

-

-

-

-

-

-

-

-

7,920

-13

14,410

137

-

-

-

-

Proceeds from borrowing

7,567

1,489

2,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22

1

0

921

-

-

-

-

-

-

-

-

-7,139

3,253

4,393

1,549

-

-

1,901

1,484

Short-term debt repayments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

925

-525

10

15

7

16

19

152

448

79

16

9

23

515

110

678

Debt repayments

1,853

1,774

1,039

429

1,693

926

608

1,407

1,240

401

396

392

389

383

379

380

374

901

547

989

392

388

379

379

882

1,381

1,887

1,200

4,494

584

395

921

378

184

116

170

72

63

67

Proceeds from common stock issued

-

-

-

41

0

28

12

41

58

134

86

93

61

120

61

147

63

153

64

239

69

190

66

223

67

201

69

190

100

69

201

33

70

151

106

294

57

66

73

Shares repurchased

4

3

10

12

4

921

13

12

17

15

519

335

18

13

20

17

149

190

107

4

31

22

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

0

0

702

699

704

706

706

701

698

701

703

704

700

699

699

697

697

695

692

691

681

681

680

679

677

677

676

674

677

536

535

401

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,161

-1,641

-544

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

5,710

-251

1,451

600

603

-819

-609

-1,426

146

4,516

-1,528

-838

-1,052

-982

-1,039

-

-

-

-

-

-

-

-100

-

-1,111

-1,782

-2,524

-1,698

-5,091

224

-1,025

-1,232

2,176

18,078

993

1,754

436

1,259

411

Effect of exchange rate changes on cash

-36

253

-15

-141

157

-182

-24

-108

168

-33

192

125

153

-415

-188

-537

207

-90

-317

212

-1,047

-966

-1,033

295

230

-363

157

-871

-299

5

121

-578

188

272

-1,656

611

574

25

976

Net decrease in cash

833

-1,128

-5,072

2,728

-573

-589

-811

-617

313

3,013

-2,489

-2,454

334

-4,580

1,513

-2,437

3,851

5,441

1,831

-2,538

-2,493

-2,184

2,090

132

-456

-4,591

1,393

6,920

-1,742

-2,684

-241

3,144

3,154

-5,244

-5,124

-262

209

-1,338

2,485

Supplemental cash flow information:
Interest paid

235

233

269

235

221

243

185

188

172

137

170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

141

161

-

138

186

163

177

184

176

187

186

188

200

239

206

234

248

247

53

256

128

68

10

156

14

75

Income taxes paid, net

124

586

594

416

625

446

775

-53

498

-246

-77

77

-326

79

34

381

175

262

295

931

55

286

897

-

-

-

1,840

1,003

221

324

1,025

1,302

411

1,415

1,667

1,065

1,523

1,245

589

Recognition of right-of-use assets

-

0

6,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of operating lease liability

-

0

6,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-