Star group, l.p. (SGU)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Cash flows provided by (used in) operating activities:
Net income

17,637

55,505

26,900

44,934

37,556

36,084

29,906

25,989

24,344

28,320

131,038

Adjustment to reconcile net income to net cash provided by (used in) operating activities:
(Increase) decrease in the fair value of derivative instruments

-25,113

11,408

2,193

18,217

-4,187

-6,566

-6,775

8,549

-2,567

5,622

13,690

Depreciation and amortization

33,933

32,863

29,163

27,777

26,748

23,237

19,047

18,029

20,324

18,425

22,157

Provision (recovery) for losses on accounts receivable

9,541

6,283

1,639

-639

3,738

7,514

6,481

6,017

10,388

5,279

10,310

Multiemployer pension plan withdrawal charge

-

-

-

-

17,796

-

-

-

-

-

-

Loss on redemption of debt

-

-

-

-

-7,345

-

-

-

-1,700

-1,132

9,706

Change in deferred taxes

5,126

-14,685

-10,134

-9,670

4,101

-658

-1,676

-12,913

-15,831

-13,331

61,355

Gain on sale of security business

-

7,043

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Increase in receivables

-10,137

37,149

19,844

-10,965

-30,141

-12,771

14,074

-5,804

31,593

4,570

-26,657

Decrease (increase) in inventories

6,306

-4,177

10,598

-9,979

-4,326

-14,057

20,664

-34,335

13,189

2,012

17,747

Decrease in other assets

-10,146

11,924

140

2,354

-113

-2,571

-4,207

-4,226

-1,594

-13,912

-4,230

Decrease in accounts payable

-2,918

9,703

2,169

-705

3,189

-8,091

-4,555

3,372

1,943

-1,784

216

Decrease in customer credit balances

3,615

-6,563

-23,085

6,490

3,992

-2,433

-15,878

11,952

-1,776

-9,250

-11,964

Increase in other current and long-term liabilities

1,610

8,331

6,913

14,057

1,823

2,221

5,571

8,260

-7,269

12,732

1,691

Net cash provided by (used in) operating activities

97,382

57,460

21,058

101,957

136,853

95,155

18,492

105,828

39,402

44,429

78,455

Cash flows provided by (used in) investing activities:
Capital expenditures

11,301

13,590

12,164

10,134

9,555

9,112

5,994

5,803

6,361

5,567

4,334

Proceeds from sales of fixed assets

1,097

503

734

318

300

257

410

503

92

392

159

Proceeds from sale of security business

-

6,824

-

-

-

-

-

-

-

-

-

Purchase of investments

11,058

35,242

11,647

-

-

-

-

-

-

-

-

Acquisitions

60,904

23,747

43,304

9,815

21,130

98,463

1,376

39,217

9,659

68,658

3,393

Earnout

-

-

-

-

-

-

-

-

-

123

-

Net cash used in investing activities

-82,166

-65,252

-66,381

-19,631

-30,385

-107,318

-6,960

-44,517

-15,928

-73,956

-7,568

Cash flows provided by (used in) financing activities:
Revolving credit facility borrowings

139,331

161,604

-

-

12,296

195,482

111,542

86,252

88,416

36,754

-

Revolving credit facility repayments

79,331

160,104

-

-

12,296

195,482

111,542

86,252

88,416

36,754

-

Redemption of senior notes

-

-

-

-

125,000

-

-

-

-

-

-

Proceeds from the issuance of debt

-

-

-

-

-

-

-

-

124,188

-

-

Debt redemption cost

-

-

-

-

5,548

-

-

-

1,409

-

-

Loan issuance

-

100,000

-

-

100,000

-

-

-

-

-

-

Term loan repayments

7,500

76,300

16,200

7,500

-

-

-

-

82,499

50,854

30,230

Distributions

25,593

25,603

24,322

23,092

21,298

19,850

19,313

19,525

20,677

20,353

-15,411

Unit repurchases

51,353

26,714

-

12,017

691

1,663

15,217

19,648

10,949

33,234

-2,336

Customer retainage payments

357

918

575

740

-

-

-

-

-

-

-

Payments of debt issue costs

45

2,100

60

297

2,422

2,382

36

-

-

-

-

Deferred charges

-

-

-

-

-

-

-

-836

-6,401

-130

-6,558

Net cash (used in) provided by financing activities

-24,848

-30,135

-41,157

-43,646

-54,959

-23,895

-34,566

-40,009

2,253

-104,571

-54,535

Net increase in cash, cash equivalents, and restricted cash

-9,632

-37,927

-86,480

38,680

51,509

-36,058

-23,034

21,302

25,727

-134,098

16,352