Star group, l.p. (SGU)
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'10
Cash flows provided by (used in) operating activities:
Net income

58,408

27,755

-33,905

-23,098

72,325

2,315

-21,450

-8,005

54,778

30,182

-17,747

-13,332

39,704

18,275

-19,095

-3,238

55,209

12,058

-45,326

-8,359

75,687

15,554

-25,828

-9,592

52,216

19,288

-13,937

-7,588

41,679

9,752

-5,635

-11,789

40,482

2,931

-26,698

-18,197

48,681

20,558

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

-11,670

6,417

-5,845

-1,630

13,401

-31,039

4,102

7,515

-11,609

11,400

9,219

-3,135

-12,442

8,551

-1,854

11,283

14,324

-5,536

-13,943

5,415

12,631

-8,290

-11,227

3,308

-4,105

5,458

-347

-1,910

3,447

-7,965

9,911

-11,225

16,981

-7,118

-13,411

-16,323

13,261

13,906

Depreciation and amortization

9,342

9,285

9,349

8,478

8,102

8,004

8,444

8,359

8,010

8,050

7,486

7,754

7,050

6,873

6,884

6,775

7,040

7,078

6,960

6,610

6,620

6,558

6,996

6,154

5,308

4,779

4,715

4,743

4,739

4,850

4,818

5,094

4,214

3,903

4,584

5,038

5,431

5,271

Provision (recovery) for losses on accounts receivable

2,193

1,010

1,041

3,532

3,439

1,529

596

2,222

3,154

311

-622

736

1,494

31

-499

308

188

-636

-1,324

1,495

3,331

236

-1,348

4,384

3,682

796

-1,333

1,611

4,440

1,763

-847

615

4,799

1,450

295

2,220

5,225

2,648

Loss on redemption of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,700

Change in deferred taxes

1,114

-1,336

-6,080

1,871

8,719

616

14,956

-2,387

-29,994

2,740

-5,683

2,670

-3,180

-3,941

3,629

-5,004

-7,686

-609

12,699

-822

-7,546

-230

8,393

-861

-4,858

-3,332

2,616

4,359

-7,787

-864

744

9,273

-21,776

-1,154

9,633

12,394

-22,878

-14,980

Change in weather hedge contract receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

12,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Increase in receivables

-16,183

85,745

-44,930

-124,456

63,506

95,743

-49,355

-84,026

74,337

96,193

-20,680

-71,107

34,786

76,845

-10,318

-38,425

15,515

22,263

-47,871

-127,879

87,368

58,241

-91,047

-161,737

132,409

107,604

-57,855

-136,636

102,170

106,395

-27,635

-89,323

32,043

79,111

-60,514

-121,016

97,962

115,161

Decrease (increase) in inventories

-27,435

15,427

8,264

-5,699

-16,446

20,187

8,213

-12,498

-11,778

11,886

14,359

-3,119

-16,890

16,248

3,423

-3,159

-19,307

9,064

8,365

-4,110

-17,214

8,633

10,649

-11,560

-29,286

16,140

19,079

7,334

-41,432

35,683

10,732

-8,952

-54,998

18,883

20,035

20,989

-38,159

10,324

Decrease in other assets

-7,206

2,394

-990

3,622

-16,013

3,235

8,986

-1,548

-7,925

12,411

3,583

-2,647

-4,090

3,294

3,322

-2,857

2,980

-1,091

1,646

-1,567

-5,757

5,565

1,384

-9

-5,923

1,977

2,245

-2,381

-7,870

3,799

4,977

-307

-12,098

3,202

5,183

-10,208

-3,927

7,358

Decrease in accounts payable

-23,285

14,375

4,652

-5,206

-10,570

8,206

4,625

-3,040

-19,040

27,158

5,637

-10,265

-14,928

21,725

1,468

-899

1,746

-3,020

10,173

-12,608

-14,637

20,261

-959

-19,979

-8,406

21,253

2,906

-11,345

-4,994

8,878

5,382

2,138

-11,353

7,205

4,458

-8,614

-10,682

16,781

Decrease in customer credit balances

-16,564

-15,898

29,792

12,299

-24,356

-14,120

29,940

5,681

-27,890

-14,294

22,672

8,116

-31,068

-22,805

8,516

13,191

-25,644

10,427

30,587

15,714

-36,447

-5,862

41,155

8,837

-32,306

-20,119

36,841

9,670

-39,786

-22,603

27,649

20,605

-30,986

-5,316

43,749

6,717

-29,108

-23,134

Increase in other current and long-term liabilities

21,045

20,529

-25,450

-15,504

22,647

19,917

-769

-7,867

-3,020

19,987

-18,780

-11,261

25,562

11,392

-7,300

-30,849

38,323

13,883

-24,633

-39,244

51,948

13,752

16,404

33,710

-39,182

-8,711

24,474

16,586

-21,663

-13,826

7,909

12,838

-4,501

-7,986

6,986

17,710

-12,730

-19,235

Net cash provided by (used in) operating activities

102,466

-51,591

35,060

104,683

20,530

-62,891

27,441

90,294

2,961

-63,236

-2,152

59,086

29,630

-65,506

-8,228

35,950

71,036

3,199

40,682

92,571

17,020

-13,420

89,902

126,953

-28,561

-93,139

50,122

109,739

-20,787

-120,582

24,729

116,859

39,005

-74,765

58,476

83,618

-13,982

-88,710

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

2,660

3,024

3,066

1,421

2,789

4,025

4,908

2,099

2,979

3,604

2,816

1,562

3,265

4,521

2,904

1,748

2,276

3,206

4,328

1,553

1,902

1,772

2,602

1,528

1,990

2,992

2,861

995

1,290

848

2,267

877

1,383

1,276

2,523

1,117

1,163

1,558

Proceeds from sales of fixed assets

138

63

57

294

102

644

178

193

44

88

563

39

98

34

15

49

231

23

88

55

69

88

118

57

11

71

277

88

29

16

146

85

31

241

19

5

54

14

Purchase of investments

3,012

4,206

482

3,005

3,115

4,456

402

298

391

34,151

109

64

0

11,474

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions

0

496

-1,903

49,136

13,396

275

2,485

21,038

0

224

28,800

6,853

1,816

5,835

986

1,214

0

7,615

-

-

-

-

-

-

-

-

-

-

-

-

881

12,179

294

25,863

3,405

4,463

153

1,638

Net cash used in investing activities

-5,534

-7,663

-1,588

-53,268

-19,198

-8,112

-793

-23,242

-3,326

-37,891

-31,162

-8,440

-4,983

-21,796

-3,875

-2,913

-2,045

-10,798

-24,301

-1,498

-2,902

-1,684

-2,997

-1,471

-99,929

-2,921

-3,316

-1,551

-1,261

-832

-3,002

-12,971

-1,646

-26,898

-5,909

-5,575

-1,262

-3,182

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

0

90,202

0

0

46,831

92,500

1,500

0

80,955

79,149

-

-

-

-

-

-

-

-

-

-

-

-

0

0

95,134

100,348

0

0

74,839

36,703

0

0

39,418

46,834

0

0

75,340

13,076

Revolving credit facility repayments

88,645

39,014

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

124,188

Debt redemption cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,409

Loan issuance

0

130,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term loan repayments

0

92,500

-

-

-

-

68,800

2,500

2,500

2,500

2,500

2,500

2,500

8,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

82,499

Distributions

5,998

6,155

6,385

6,491

6,304

6,413

6,464

6,535

6,302

6,302

6,302

6,301

5,859

5,860

5,995

5,995

5,550

5,552

5,551

5,552

5,097

5,098

5,113

5,115

4,811

4,811

4,853

4,982

4,697

4,781

4,786

4,785

4,882

5,072

5,258

5,257

5,257

4,905

Unit repurchases

6,511

12,064

16,405

8,577

20,636

5,735

-

-

-

-

-

-

-

-

11,310

0

684

23

0

0

0

691

363

0

0

1,300

1,277

8,345

1,348

4,247

93

0

6,913

12,642

-

-

-

-

Customer retainage payments

1

299

0

0

300

57

0

6

373

539

-

-

-

-

60

0

445

235

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of debt issue costs

18

1,273

0

2

9

34

-

-

-

-

-

-

-

-

0

0

88

209

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

-36

11

-521

0

-326

-108

-2,476

0

-3,817

Net cash (used in) provided by financing activities

-101,173

68,897

-34,290

-62,070

-8,749

80,261

-21,540

-93,058

14,655

69,808

-8,802

-8,967

-8,828

-14,560

-19,865

-8,495

-9,267

-6,019

-38,521

-5,552

-5,097

-5,789

-45,021

-131,322

58,211

94,237

-6,131

-74,374

18,300

27,639

-4,868

-37,709

-26,226

28,794

-16,315

-39,326

13,260

44,634

Net increase in cash, cash equivalents, and restricted cash

-4,241

9,643

-818

-10,655

-7,417

9,258

5,108

-26,006

14,290

-31,319

-42,116

41,679

15,819

-101,862

-31,968

24,542

59,724

-13,618

-22,140

85,521

9,021

-20,893

41,884

-5,840

-70,279

-1,823

40,675

33,814

-3,748

-93,775

16,859

66,179

11,133

-72,869

36,252

38,717

-1,984

-47,258