SIFCO INDUSTRIES INC SIF Cash Flow

Sifco industries inc (SIF)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
Cash flows from operating activities:
Net income (loss)
3,261	-1,342	2,405	-7,371	-1,258	-1,282	-2,689	-1,532	-2,038	-911	-3,742	-6,201	-1,657	-2,609	-7,388	-1,050	-299	-2,598	-396	-1,007	-61	-1,408	743	1,907	1,426	947	2,906	2,478	1,435	3,415	1,197	2,441	1,724	1,186	2,184	2,064	1,995	1,206
(Income) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,445	0	-799	63	-948	76	85	207	1,994	386	334	-2,238	-723	339	272	353	-	-	-	-
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
Depreciation and amortization
1,875	1,856	1,790	1,895	1,910	1,930	1,980	2,160	2,128	2,191	2,462	2,587	2,424	2,515	2,745	2,655	2,588	2,778	2,880	1,878	1,821	1,714	1,792	1,746	1,615	1,743	1,520	1,380	1,386	1,439	1,291	1,637	1,525	1,579	-	1,060	1,385	620
Amortization and write-off of debt issuance cost
26	26	27	27	34	11	31	64	57	53	137	54	55	273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on disposal of operating assets or impairment of operating assets
-41	0	0	0	0	282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Assets Or Impairment of Assets
-41	0	0	0	0	282	-166	-358	29	1,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization and write-off of debt issuance cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	36	36	37	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of operating assets
-	-	-	-	-	-	-	-	-	-	-	-	0	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of operating assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of operating assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	2	-	-33	-3	125	-	0	0	0	-	-	-	-
LIFO effect
-33	22	-173	155	-21	-36	261	184	63	52	89	-21	118	107	-338	-136	-42	34	71	373	155	30	-	-	-	-	-	-	-	-	-	-	-	159	78	176	183	42
Share transactions under company stock plan
66	150	148	-59	190	236	180	186	48	194	-79	125	187	138	-96	236	-959	317	-54	385	28	337	750	498	54	238	-62	149	6	24	147	255	259	239	-	-	-	54
Purchase price inventory adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	266	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
24	-114	242	-2	-2	-76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
24	-114	242	-2	-2	-76	61	-9	31	-234	113	93	200	2	404	41	96	64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase price inventory adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	246	-82	-82	-82	1,073	-380	-229	-178	-	-	-	-	-	-	-	-
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	-61	-7	-	-344	-38	12	-	43	-205	354	-	-	-	-	-	-	-	-
Deferred income taxes
-40	-95	-314	-108	-118	-25	182	-109	-140	-756	43	153	-157	189	231	1,261	-77	-565	-1,090	0	-3	1	-803	0	0	41	2,044	-249	-10	-620	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Receivables
1,131	-2,664	-	-	-3,232	-2,015	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	89	-13	6
Receivables
-	-	-	-	-	-	2,931	-778	1,425	-1,415	-768	-183	-311	1,556	-4,232	-221	-284	-6,155	3,526	2,446	3,326	-5,996	5,050	-1,329	1,019	-3,636	2,910	59	3,281	-1,498	-730	290	2,960	-3,976	1,954	1,412	7	-1,085
Contract assets
2,019	152	1,439	150	-1,502	122	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
1,234	1,624	-1,436	1,702	-1,441	150	-2,470	2,597	-565	-1,041	-3,498	-2,014	-1,763	-818	-1,241	1,180	1,319	-944	-5,537	2,163	1,826	5,101	-3,394	1,004	1,920	951	-2,974	130	567	1,583	872	1,080	1,222	3,211	318	-712	2,693	-678
Refundable taxes
0	-10	-518	234	-139	438	27	0	0	-194	-27	-1,507	52	0	-834	-1,283	7	1,367	1,283	-569	757	635	410	0	0	0	-1,928	1,879	-382	431	0	-38	19	-262	20	261	-120	-572
Prepaid expenses and other current assets
150	284	3,469	-340	189	-249	230	-5	154	228	-867	-304	-519	197	304	-49	466	-149	-1,154	-951	820	604	-648	190	323	246	-262	-657	2,924	-1,369	239	47	46	342	-159	-46	-197	126
Other assets
-393	351	51	-175	167	7	-2	-34	-38	-35	688	-12	59	-302	108	283	-12	-303	-365	10	15	7	-795	15	25	15	1,660	-17	1,281	-2,392	-624	15	82	121	-	-	-	-
Accounts payable
18	-3,314	1,811	3,242	-1,278	-1,729	1,417	838	1,925	-1,474	-1,143	-2,053	2,292	-1,411	-2,110	-2,275	3,251	1,558	-397	689	1,782	-165	-4,373	828	5,004	-154	-	-	-	-	1,637	-2,947	2,704	-1,848	-409	-1,496	3,760	-1,640
Other accrued liabilities
459	1,592	-	870	349	76	-	-120	-223	-222	-	-1,097	42	555	-	-801	362	360	-	653	3,051	-1,792	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued income and other taxes
-	-	-	-	-	-	-	-	-	-	-	375	75	92	-	-345	-12	-151	-	-174	80	21	-	353	-727	-531	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-253	812	296	-126	-129	99	311	-379
Accrued income and other taxes
-5	-9	-112	-46	-11	36	-472	-971	84	508	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	84	-97	53
Net cash (used for) provided by operating activities
551	-965	-3,643	4,377	4,589	406	638	-731	930	458	4,318	2,404	6,061	-788	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,835	978	5,354	2,053
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-817	-169	804	469	-1,903	35	-139	45	-67	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-388	3,480	8,283	1,272	-237	-749	-1,557	-2,277	4,768	4,487	4,026	5,618	3,250	-4,482	3,413	5,159	358	2,308	1,327	-	-	-	-
Net cash used for operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	0	-470	-9	-116	38	385	86	-1,002	-311	1,874	-999	528	110	518	-35	-	-	-	-
Cash flows from investing activities:
Insurance proceeds received
1,000	3,500	2,789	3,304	2,270	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	165	-88	24,809	0	0	-108	22,674
Proceeds from disposal of operating assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of operating assets
0	0	0	0	0	317	496	0	2,998	25	0	22	0	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of operating assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	39	0	125	-	0	0	0	-	-	-	-
Capital expenditures
2,293	2,303	2,411	3,284	2,955	797	1,055	215	858	703	741	634	507	457	315	858	482	694	1,638	2,570	1,116	3,488	1,526	4,598	2,560	1,154	878	929	942	669	1,256	507	696	473	871	780	1,012	630
Net cash used for investing activities
-1,293	1,197	378	20	-685	-480	-559	-215	2,140	-678	-741	-612	-507	-409	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-801	-704	2,096	-23,304
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-588	-438	-738	-18,632	-2,570	-1,114	-3,488	-1,526	-4,598	-2,560	-1,154	-5,265	-890	-942	-544	-1,256	-672	-608	-25,282	-	-	-	-
Net cash provided by investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	950	297	-125	-269	8,739	115	-22	-40	-53	-	-	-	-
Cash flows from financing activities:
Proceeds from long-term debt
137	0	-1,243	2,521	94	133	0	1,218	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term debt
232	336	297	426	292	409	2,919	650	1,193	743	673	752	684	12,223	-	1,305	1,277	1,284	-	3,000	500	500	-	499	501	2,892	-	500	500	500	-	-	-	-	-	-	-	-
Proceeds from term note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,000	0	0	0	0
Repayments of term note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	500	500	500	0	0	0	0
Proceeds from revolving credit agreement
27,563	31,809	29,336	25,349	15,510	9,959	31,195	21,664	16,342	17,901	22,306	18,559	15,447	29,622	11,384	16,164	15,669	3,700	0	31,648	11,799	15,355	12,528	11,437	5,062	11,965	14,823	10,838	15,214	11,511	11,487	11,168	11,130	25,886	10,847	10,083	1,240	11,674
Repayments of revolving credit agreement
27,009	30,714	26,482	31,291	17,862	10,230	29,551	18,978	18,290	17,703	24,136	19,745	19,211	17,036	10,347	12,784	17,706	9,830	2,687	27,036	10,676	8,332	8,103	11,067	7,067	11,707	14,072	13,297	10,819	22,155	14,459	10,246	12,542	12,270	11,839	11,281	9,540	0
Proceeds from short-term debt borrowings
-	-	-	-	-	-	-1,791	-1,651	-1,493	-1,600	-780	-319	0	-2,330	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	454	693	757	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of short-term debt borrowings
-	-	-	-	-	-	801	3,114	1,600	1,105	1,493	432	764	454	656	1,681	821	226	270	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issue costs
0	0	0	27	0	105	212	0	100	0	64	0	0	498	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt borrowings
2,523	-981	-	-	5,126	-1,791	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt repayments
366	1,891	-	-	1,855	1,392	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
654	-151	2,915	-5,608	-2,923	-253	-497	1,791	-3,348	-50	-3,280	-2,051	-5,212	1,741	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,019	-1,227	-8,328	10,857
Increase (decrease) in cash and cash equivalents
-88	81	-350	-1,211	981	-327	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
4	7	-10	9	1	-4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from other debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	0	0	-98	2,400	0	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4	0	0	0	0	-	-	-	-	-	-	-	-
Dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,090	0	0	0	1,081	0	0	0	1,073	0	0	0	1,060	0	0	0	789
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	-28	-	-29	-28	-28
Net cash used for financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	848	-3,442	-6,883	-4,398	20,888	623	5,433	3,925	-129	-2,506	-3,711	251	-2,959	3,883	-12,205	-3,443	421	-2,010	24,428	-	-	-	-
Decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-270	297	-259	342	544	-349	-128	-400	662	-21,795	18,081	-288	379	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	79	-194	197	-	-1,035	64	-1,596	-	195	168	385	15	-953	-878	-10,394
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	2	3	2	-5	4	1	-5	15	8	-306	0	0	0	-	-	-	-	-	-	-	-	289	-85	57	-32	-96	124	-46	-12
Supplemental disclosure of cash flow information of operations:
Cash paid for interest
238	181	171	230	264	287	333	389	336	366	-	-	-	-	-	-	-	-	-	86	33	70	-	47	37	71	-	67	50	122	707	-113	-114	-87	81	25	6	13
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	340	434	421	369	361	323	327	409	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes, net
24	10	20	46	36	21	-546	486	-24	183	-82	1,480	-30	-25	-	-	347	-162	-	-	800	17	899	1,116	466	802	1,280	1,385	2,022	219	4,818	-663	-1,044	-115	990	918	750	63
Non-cash investing activities:
Additions to property, plant & equipment - incurred but not yet paid
-548	689	-	-	0	498	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-