Sigmatron international inc (SGMA)
CashFlow / Yearly
Apr'19Apr'18Apr'17Apr'16Apr'15Apr'14Apr'13Apr'12Apr'11
Cash flows from operating activities
Net (loss) income

-865

-3,241

1,390

2,082

903

2,918

492

1,134

1,978

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization

5,007

5,118

-

-

-

-

-

-

-

Depreciation and amortization

-

-

4,708

5,119

4,985

4,791

4,375

4,069

4,440

Stock-based compensation

166

83

-

-

-

-

-

-

-

Stock-based compensation

-

-

332

588

59

89

189

2

9

Restricted stock expense

176

-

60

69

61

54

71

-

-

Provision for doubtful accounts

331

200

0

0

36

0

-

14

6

Provision for inventory obsolescence

268

-

300

-

-

-

-

-

-

Recoveries from inventory obsolescence

-

-

-

-

-

34

-

36

-

Tax benefit from option exercises

-

-

-

-

-

200

41

-

-

Tax benefit from contingent consideration

-

-

-

23

69

-

-

-

-

Loss on settlement of receivable and disposal of related assets

-

2,509

-

-

-

-

-

-

-

Impairment of goodwill

-

3,222

0

-

-

-

-

-

-

Impairment of intangible asset

-

690

-

-

-

-

-

-

-

Deferred income tax expense

887

-2,234

2

775

-252

-623

-321

337

533

Amortization of intangible assets

374

435

490

470

428

346

279

112

-

Amortization of financing fees

91

63

111

53

-

-

-

-

-

Fair value adjustment of contingent consideration

40

-84

-353

-5

-106

-

-

-

-

Amortization of customer relationships

-

-

-

-

-

-

-

-

163

Loss from disposal or sale of machinery and equipment

-5

-20

-58

-23

-52

-37

19

-52

-8

Stock option repurchase expense

-

-

-

-

-

300

-

-

-

Gain from involuntary conversion on non-monetary assets due to fire

-

-

276

-

-

-

-

-

-

Changes in operating assets and liabilities
Accounts receivable

5,134

1,716

8,812

-1,438

913

-127

5,242

4,381

-1,374

Inventories

-1,081

13,415

6,222

-1,020

14,941

3,118

5,615

-7,147

7,615

Prepaid expenses and other assets

766

-1,509

1,092

-40

1,082

-343

1,194

114

-80

Refundable and prepaid income taxes

-315

1,315

-435

693

-

-509

-237

38

427

Income taxes payable

63

428

69

-141

-80

-

-

-

-1,288

Trade accounts payable

-3,699

3,166

9,148

1,173

8,697

-4,206

9,254

1,402

-241

Deferred rent

-214

-243

-207

-167

-25

79

360

13

722

Accrued expenses and wages

251

-163

-197

1,472

-662

470

883

18

70

Net cash used in operating activities

-

-

-

13,296

-2,908

1,956

3,710

-

-

Net cash provided by (used in) operating activities

-1,619

-4,968

-53

-

-

-

-

9,808

-185

Cash flows from investing activities
Purchases of machinery and equipment

2,361

3,731

3,505

3,049

5,506

8,366

7,171

2,307

4,920

Proceeds from insurance settlement

-

251

-

-

-

-

-

-

-

Cash received in conjunction with acquisition

-

-

-

-

-

-

1,142

-

-

Disposals of machinery and equipment

-

-

-

-

703

-

22

-

-

Net cash used in investing activities

-

-

-

-3,049

-4,802

-8,366

-6,006

-

-

Net cash used in investing activities

-2,361

-3,479

-3,505

-

-

-

-

-2,307

-4,920

Cash flows from financing activities
Advances on notes receivable

-

880

-

-

-

-

-

-

-

Proceeds from the exercise of common stock options

-

96

4

7

57

158

39

99

92

Proceeds from the sale of restricted stock

-

-

-

518

-

-

-

-

-

Proceeds from Employee stock purchases

-

-

8

52

126

-

-

-

-

Proceeds under equipment notes

182

943

932

-

-

-

-

-

-

Excess tax benefit from stock options and awards

-

-

-

48

-

200

41

41

-

Repurchase of stock option

-

-

-

-

-

300

-

-

-

Proceeds under sale leaseback agreements

-

-

904

-

1,102

2,281

-

-

-

Tax expense on stock options and awards

-

-

-0

-

-

-

-

-

-

Payments of contingent consideration

196

226

273

342

260

260

-

-

-

Payments under capital lease and sale leaseback agreements

2,410

2,144

1,610

1,363

1,050

488

-

-

-

Payments under equipment notes

402

297

29

-

-

-

-

-

-

Proceeds under building notes payable

-

7,000

-

-

834

1,275

-

-

-

Net proceeds under lines of credit

-

-

-

-

-

-

-

-

6,874

Change in bank overdraft

-

-

-

-

-

-

-

-

-1,407

Payments under building notes payable

280

3,741

165

165

157

125

99

99

99

Borrowings under revolving line of credit

333,607

334,944

94,123

194,424

165,496

121,696

-

-

-

Payments under revolving line of credit

327,160

328,843

90,958

201,826

161,079

117,196

-

-

-

Payments of debt financing costs

75

174

207

166

-

-

-

-

-

Tax benefit from contingent consideration

-

-

-

23

69

-

-

-

-

Payments under sale leaseback agreements

-

-

-

-

-

-

219

-

-

Payments under capital lease obligations

-

-

-

-

-

-

-

850

943

Proceeds under sale lease back agreement

-

-

-

-

-

-

-

-

835

Payments under other notes payable

-

-

-

-

-

-

26

160

160

Net changes under lines of credit

-

-

-

-

-

-

2,500

-6,000

-

Net cash provided by financing activities

-

-

-

-8,789

5,138

7,241

2,234

-

-

Net cash (used in) provided by financing activities

3,265

6,676

2,727

-

-

-

-

-6,970

5,190

Change in cash and cash equivalents

-715

-1,771

-

-

-

-

-

-

-

Change in cash and cash equivalents

-

-

-831

1,457

-2,572

832

-61

530

85

Supplementary disclosures of cash flow information
Cash paid for interest

2,272

1,435

994

-

-

-

-

-

-

Cash paid for interest

-

-

-

964

1,018

893

795

968

1,011

Cash paid for income taxes

645

2,053

603

1,634

1,159

271

34

66

-

Cash paid for income taxes, net of (refunds)

-

-

-

-

-

-

-

-

1,990

Cash refunded for income taxes

-

-

-

-

-

689

286

160

-

Purchase of machinery and equipment financed under finance leases

617

3,687

1,189

1,308

1,407

2,870

-

-

-

Purchase of machinery and equipment financed under sale leaseback agreements

-

-

-

-

1,102

-

-

-

-

Financing of insurance policy

203

152

157

159

146

-

-

-

-

Conversion of accounts receivable into a note receivable

-

-

-

887

-

-

-

-

-

SigmaTron International, Inc. A/R Trade forgiven

-

-

-

-

-

-

15,312

-

-

SigmaTron International, Inc. Foreign A/R Trade forgiven

-

-

-

-

-

-

1,142

-

-

Contingent consideration

-

-

-

-

-

-

2,320

-

-

Issuance of Restricted stock

-

-

-

-

-

-

169

-

-

Total Cost of Acquisition

-

-

-

-

-

-

18,944

-

-

Purchase of machinery and equipment financed under capital leases

-

-

-

-

-

-

-

-

541