SIGMATRON INTERNATIONAL INC SGMA Cash Flow

Sigmatron international inc (SGMA)

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	Oct'10	Jul'10
Cash flows from operating activities
Net (loss) income
1,786	1,407	22	-865	-6,238	-5,611	-4,151	-3,241	2,408	2,329	1,626	1,390	180	447	1,570	2,082	2,209	2,555	1,545	903	1,150	1,329	1,968	2,918	2,815	1,855	1,553	492	822	1,124	800	1,134	764	933	1,361	1,978	0	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization
4,931	4,948	4,975	5,007	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of right-of-use operating lease assets
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	4,789	4,753	4,713	4,708	5,017	5,062	5,098	5,119	5,132	5,095	5,066	4,985	4,907	4,867	4,829	4,791	4,698	4,540	4,358	4,375	4,288	4,284	4,265	4,069	4,043	3,974	4,307	4,440	0	0	0
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	330	332	338	342	663	588	508	432	41	59	69	77	87	89	105	107	125	189	157	135	92	2	4	7	9	9	0	0	0
Restricted stock expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	65	58	51	54	42	41	37	71	0	0	0	-	-	-	-	-	-	-	-
Employee stock purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recoveries from inventory obsolescence
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense
-	311	1,147	887	-1,035	-1,306	-2,488	-2,234	-36	-328	70	2	-129	937	682	775	293	-367	-209	-252	343	-632	-592	-623	-1,331	-354	-374	-321	349	335	346	337	698	697	533	533	0	0	0
Amortization of intangible assets
365	368	372	374	388	402	416	435	450	465	481	490	485	481	476	470	461	451	442	428	406	383	360	346	333	319	306	279	232	185	139	112	0	0	0	-	-	-	-
Amortization of financing fees
112	103	97	91	86	82	72	63	120	113	112	111	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustment of contingent consideration
-	-	-	40	-51	-81	-83	-84	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of customer relationships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	163	0	0	0
Loss from disposal or sale of machinery and equipment
-19	-19	-5	-5	-5	-22	-19	-20	-37	-28	-29	-58	-40	-43	-44	-23	0	0	0	-	-	-	-	-37	0	0	0	-	-	-	-	-52	-52	-8	-8	-8	0	0	0
Changes in operating assets and liabilities
Accounts receivable
-3,619	-3,692	1,099	5,134	4,606	9,069	6,857	1,716	5,970	5,373	6,676	8,812	181	-166	-350	-1,438	2,815	1,831	844	913	-1,031	1,620	272	-127	2,715	140	-250	5,242	2,700	4,794	8,387	4,381	5,653	2,873	-127	-1,374	0	0	0
Inventories
-21,266	-17,719	-13,489	-1,081	9,216	8,503	6,775	13,415	18,186	11,301	9,182	6,222	-1,119	2,657	5,041	-1,020	769	8,209	9,825	14,941	12,563	8,635	5,137	3,118	8,547	1,945	5,541	5,615	4,295	712	-8,108	-7,147	-10,147	-9,136	2,690	7,615	0	0	0
Prepaid expenses and other assets
1,499	608	972	766	99	86	-464	-1,509	161	518	569	1,092	-699	-589	-906	-40	468	799	782	1,082	1,269	14	510	-343	-381	634	-185	1,194	818	895	953	114	-64	-505	39	-80	0	0	0
Refundable and prepaid income taxes
-492	-480	-596	-315	96	1,040	1,208	1,315	1,086	-334	-210	-435	0	0	0	-	-	-	-	-	280	-169	184	-509	-1,282	-615	-570	-237	949	405	339	38	0	0	0	-	-	-	-
Income taxes payable
113	27	39	63	27	262	186	428	214	197	224	69	-93	-552	-104	-141	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,288	0	0	0
Trade accounts payable
-16,101	-17,708	-14,508	-3,699	6,175	5,891	-1,166	3,166	9,707	8,450	11,851	9,148	-1,448	-1,241	1,851	1,173	4,948	9,094	7,236	8,697	4,201	2,964	-1,736	-4,206	6,060	440	8,012	9,254	6,717	12,581	4,243	1,402	465	-5,857	-4,080	-241	0	0	0
Deferred rent
-	-	-	-214	-244	-261	-252	-243	-233	-224	-216	-207	-198	-188	-177	-167	-158	-135	-80	-25	29	67	73	79	85	122	221	360	339	286	169	13	0	0	0	-	-	-	-
Operating lease liabilities
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and wages
-278	606	961	251	571	1,503	1,281	-163	-412	-634	-544	-197	-102	-261	25	1,472	735	946	403	-662	451	-234	-158	470	211	782	1,180	883	94	820	448	18	-323	-419	-140	70	0	0	0
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	2,520	5,923	13,296	10,333	7,541	3,182	-2,908	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
17,912	13,662	5,892	-1,619	-2,357	-5,984	-8,808	-4,968	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,055	9,075	9,808	10,142	6,033	-799	-185	0	0	0
Cash flows from investing activities
Purchases of machinery and equipment
2,890	1,421	2,339	2,361	1,685	2,027	614	3,731	3,943	4,835	6,085	3,505	4,250	3,825	4,071	3,049	4,135	4,314	3,690	5,506	3,891	4,338	5,504	8,366	10,220	11,471	11,299	7,171	5,291	2,898	1,962	2,307	3,062	3,188	3,764	4,920	0	0	0
Cash received in conjunction with acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,142	0	0	0	-	-	-	-	-	-	-	-
Disposals of machinery and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-3,914	-4,149	-3,049	-3,316	-3,522	-2,909	-4,802	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-2,890	-1,421	-2,339	-2,361	-1,685	-1,839	-362	-3,479	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,756	-819	-2,307	-3,062	-3,188	-3,764	-4,920	0	0	0
Cash flows from financing activities
Proceeds from the exercise of common stock options
-	-	-	-	-	-	-	96	0	0	0	-	-	-	-	-	-	-	-	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	92	0	0	0
Proceeds from the sale of restricted stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	518	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Employee stock purchases
-	-	-	-	-	-	-	-	-	-	-	8	17	26	36	52	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds under equipment notes
-	-	-	182	182	182	489	943	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of contingent consideration
96	198	198	196	207	168	235	226	231	241	237	273	307	344	385	342	316	336	233	260	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments under finance lease and sale leaseback agreements
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments under capital lease and sale leaseback agreements
-	-	-	-	-	-	-	2,144	1,959	1,761	1,649	1,610	1,559	1,547	1,452	1,363	1,315	1,231	1,174	1,050	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments under equipment notes
411	411	411	402	393	368	344	297	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds under lines of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,838	1,784	6,874	0	0	0
Change in bank overdraft
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-76	2,087	-1,407	0	0	0
Payments under building notes payable
280	280	280	280	280	3,798	3,769	3,741	3,712	165	165	165	165	165	165	165	165	165	161	157	154	150	138	125	0	0	0	-	-	99	99	99	99	99	99	99	0	0	0
Borrowings under revolving line of credit
331,180	331,683	333,925	333,607	576,438	497,806	414,746	334,944	50,055	61,640	74,747	94,123	76,866	134,570	200,969	194,424	194,898	189,151	133,591	165,496	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments under revolving line of credit
344,169	338,867	334,455	327,160	569,498	490,422	405,541	328,843	40,656	56,094	73,208	90,958	76,650	132,316	199,472	201,826	199,576	190,651	134,553	161,079	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of debt financing costs
74	97	69	75	73	183	170	174	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments under capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	291	337	627	850	999	1,159	1,006	943	0	0	0
Payments under other notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	67	107	147	160	160	160	152	160	0	0	0
Net changes under lines of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,996	2,500	0	0	0	-	-	-	-	-	-	-	-
Change in bank overdraft
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	137	-555	-8,789	-5,777	-1,715	193	5,138	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
-16,103	-10,499	-3,870	3,265	3,525	7,108	9,019	6,676	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,165	-6,088	-6,970	-5,132	-2,400	3,538	5,190	0	0	0
Change in cash and cash equivalents
-1,080	1,741	-317	-715	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash and cash equivalents
-	-	-	-	-	-	-	-	-553	-877	-2,183	-831	-409	-1,256	1,219	1,457	1,239	2,303	466	-2,572	-1,611	-2,803	-343	832	-387	-2,514	-2,655	-61	-724	4,133	2,167	530	1,946	444	-1,025	85	0	0	0
Supplementary disclosures of cash flow information
Cash paid for interest
2,062	2,239	2,331	2,272	2,118	1,950	1,654	1,435	1,188	1,046	1,036	994	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	964	994	1,012	1,037	1,018	1,010	1,188	939	893	840	622	813	795	810	855	910	968	1,006	1,046	1,045	1,011	0	0	0
Cash paid for income taxes
733	762	647	645	675	1,340	2,047	2,053	2,079	1,378	657	603	1,386	1,256	1,538	1,634	954	993	1,263	1,159	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes, net of (refunds)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	134	1,042	1,990	0	0	0
Cash refunded for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	689	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of machinery and equipment financed under finance leases
-	-	-	-	-	-	-	3,687	2,969	2,114	1,017	1,189	1,159	1,765	1,430	1,308	1,308	784	2,001	1,407	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing of insurance policy
275	227	232	203	175	133	139	152	177	-63	164	157	134	127	181	159	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SigmaTron International, Inc. A/R Trade forgiven
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,312	0	0	0	-	-	-	-	-	-	-	-
SigmaTron International, Inc. Foreign A/R Trade forgiven
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,142	0	0	0	-	-	-	-	-	-	-	-
Contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,320	0	0	0	-	-	-	-	-	-	-	-
Issuance of Restricted stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	169	0	0	0	-	-	-	-	-	-	-	-
Total Cost of Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,944	0	0	0	-	-	-	-	-	-	-	-
Financed a licensing agreement through a note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0