Spar group inc (SGRP)
CashFlow / TTM
Dec'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'11
Operating activities
Net income

5,833

6,554

6,153

2,254

1,638

651

-442

1,428

1,177

2,043

1,943

1,771

1,756

3,184

2,805

2,465

2,475

3,755

4,218

4,760

4,371

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities
Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,248

2,291

2,627

3,205

3,451

3,146

2,644

2,513

2,337

0

0

0

Depreciation and amortization

2,190

2,077

2,075

2,075

2,109

2,195

2,159

2,163

2,126

2,167

2,167

2,117

2,100

1,950

1,933

1,925

1,905

1,907

1,867

1,809

1,753

1,656

1,615

1,606

1,496

1,398

1,298

1,182

1,157

1,120

1,111

1,084

1,069

0

0

0

Bad debt, net

83

369

-107

147

196

125

119

124

113

123

394

412

347

296

369

329

388

362

96

110

115

187

104

100

73

66

83

52

72

0

0

0

-

-

-

-

Share based compensation

235

212

222

186

186

186

159

219

225

236

276

296

329

399

409

420

434

427

488

505

655

634

657

665

538

539

496

489

517

578

533

518

420

0

0

0

Changes in operating assets and liabilities, net of business acquisitions:
Accounts receivable, net

3,160

12,693

11,851

3,424

9,296

7,023

12,039

13,017

2,423

5,509

5,262

6,455

6,902

6,095

523

-4,645

-2,792

161

-743

4,646

4,789

3,171

4,924

2,354

488

1,414

2,479

3,896

6,030

5,008

5,362

2,422

1,438

0

0

0

Prepaid expenses and other assets

432

1,604

-121

348

-852

967

494

1,642

1,396

336

-498

-664

-142

146

1,941

1,174

62

287

-27

-7

313

173

668

-440

638

-305

-132

457

-219

386

-130

47

-530

0

0

0

Accounts payable

530

510

362

654

-144

1,670

2,802

753

1,810

3,084

1,577

2,367

1,850

298

-576

205

-1,105

-87

-23

-138

-256

-329

-1,072

-712

90

1,325

1,786

1,202

2,358

1,158

1,441

1,863

15

0

0

0

Accrued expenses, other current liabilities and customer incentives and deposits

76

10,509

13,578

1,746

6,594

-343

-594

8,178

3,501

4,281

3,596

2,491

2,150

2,213

-578

-741

-1,730

-1,526

-524

362

2,263

1,303

964

-1,049

-279

-600

696

3,659

1,663

4,491

3,272

293

160

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

6,147

5,849

10,468

3,205

2,050

-1,867

-6,691

-155

6,772

0

0

0

-

-

-

-

-

-

5,190

1,067

2,097

2,554

-925

349

2,878

3,707

4,406

5,242

3,213

5,480

4,267

4,261

3,535

0

0

0

Investing activities
Purchases of property and equipment and capitalized software

1,378

1,660

1,606

1,599

1,622

1,742

1,759

1,651

1,448

1,448

1,463

1,467

1,555

1,490

1,402

1,363

1,575

1,480

1,557

1,552

1,326

1,344

1,242

1,320

1,299

1,333

1,281

1,096

998

1,070

994

861

810

0

0

0

Purchase of Resource Plus subsidiary, net of cash acquired

-

-

-

-

-767

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-1,378

-1,660

-1,606

-1,599

-855

-975

-992

-884

-1,448

0

0

0

-

-

-

-

-

-

-1,932

-1,927

-1,701

-1,654

-1,157

-1,235

-2,535

-2,478

-2,830

-2,645

-1,226

0

0

0

-

-

-

-

Net borrowing (payments) on lines of credit

7,979

7,178

5,708

289

1,700

5,777

6,868

2,374

-2,070

-1,367

2,358

2,277

3,601

2,262

1,102

-1,666

-226

1,508

-514

2,465

2,222

2,327

4,070

2,550

1,909

1,483

1,057

139

-1,224

-3,433

-1,940

-2,507

-1,101

0

0

0

Proceeds from stock options exercised

-

-

-

-

-

-

-

-

-

-

27

30

23

39

40

39

41

25

37

38

54

82

125

133

124

127

149

141

137

106

22

27

36

0

0

0

Proceeds from term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

244

0

0

0

Payments on term debt

333

0

0

400

-

-

-

723

711

546

299

24

24

27

26

24

24

23

22

23

24

24

27

26

27

26

29

32

33

86

63

63

557

0

0

0

Distribution to non-controlling investors

-

-

-

-

1,914

560

560

560

2,198

2,101

2,101

2,101

286

298

586

627

341

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on capital lease obligations

-

-

-

-

-

-

-

-

44

0

0

0

-

-

-

-

-

-

-

-

109

122

138

166

189

210

227

222

218

194

169

140

107

0

0

0

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of notes to seller

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-1,971

-3,509

-5,019

-814

201

4,915

5,726

929

-5,134

0

0

0

-

-

-

-

-

-

-1,201

1,787

1,525

1,934

3,702

2,099

1,225

631

330

-509

-1,673

-3,631

-2,150

-2,683

-1,485

0

0

0

Effect of foreign exchange rate changes on cash

549

-296

-1,853

-2,564

-3,112

-2,747

-516

699

1,313

179

345

-403

-1,190

-870

-1,429

-1,376

-1,320

-1,221

-1,030

-871

-353

-323

28

-365

-546

-678

-577

-366

-227

-62

-223

-82

-16

0

0

0

Net change in cash and cash equivalents

3,347

384

1,990

-1,772

-1,716

-674

-2,473

589

1,503

160

3,282

1,240

1,606

1,292

-699

2,741

1,336

588

1,027

56

1,568

2,511

1,648

848

1,022

1,182

1,329

1,722

87

291

458

193

782

0

0

0

Supplemental disclosure of cash flows information
Interest paid

825

675

820

1,058

994

938

881

488

460

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190

193

195

161

120

173

167

168

168

129

131

127

151

165

180

203

205

0

0

0

Income taxes paid

197

591

648

345

309

319

311

249

307

349

303

306

228

199

227

171

187

235

353

387

445

499

399

473

399

615

566

498

472

102

155

127

219

0

0

0

Increase in non-controlling interest attributable to Resource Plus acquisition

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Resource Plus deferred purchase price

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt assumed through the Resource Plus acquisition

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock converted to common stock at par

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

0

0

0

Acquisition of equipment through capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

253

0

0

0

-

-

-

-