Sprague resources lp (SRLP)
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'14
Cash flows from operating activities
Net Income (Loss) Attributable to Parent

46,734

11,847

-9,733

-4,779

33,921

36,527

-18,434

-13,195

74,921

-12,894

-14,316

-7,792

64,499

-1,116

-8,794

-9,745

29,821

28,379

8,580

-2,550

43,939

65,588

-5,302

-10,604

73,132

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization (includes amortization of deferred debt issuance costs)

9,495

9,650

9,363

9,306

9,286

9,128

9,233

9,262

9,307

9,480

7,531

9,403

6,947

6,250

6,345

6,659

5,957

5,860

6,069

6,066

5,898

6,304

5,588

5,370

5,179

Loss on sale of assets

4

-493

11

137

5

2

279

6

-19

130

-106

141

66

-83

-25

-2

-79

-213

-42

10

514

4

57

21

5

Changes in fair value of contingent consideration

121

738

153

150

147

156

177

173

171

168

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

-33

-148

-30

423

78

656

-91

545

488

45

-179

-55

-17

-6

65

50

122

-196

722

333

730

-353

2,096

417

190

Non-cash unit-based compensation

409

521

126

140

-197

-805

-335

-594

838

586

-244

1,073

859

2,017

725

703

236

3,205

1,099

64

4,068

2,915

4,652

77

538

Other

-38

218

-24

-24

-24

-19

-28

-24

-23

-63

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-484

-1,132

-717

-674

1,024

126

-681

25

607

-96

-606

296

1,263

456

524

-512

-81

-626

1,161

290

-678

1,721

455

-329

620

Changes in assets and liabilities:
Accounts receivable

-100,328

122,634

-2,148

-113,491

4,947

79,926

6,452

-96,687

-34,666

172,114

25,018

-77,173

-25,505

88,627

16,302

-50,617

7,229

20,710

-23,661

-177,731

53,480

95,750

208

-136,706

59,883

Inventories

-183,298

137,144

29,514

-83,252

-49,751

47,622

32,597

-55,276

-101,234

86,191

90,001

-68,408

-95,537

52,171

106,335

8,437

-89,708

11,903

20,658

-9,154

-172,643

24,836

102,555

-76,100

-135,747

Other assets

-34,264

-

3,331

-835

14,868

-

7,939

-15,621

-12,503

-

4,448

-6,852

-11,636

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,323

8,362

143

-9,026

-7,230

-44,017

34,884

-5,697

-424

Fair value of commodity derivative instruments

118,199

-11,887

-11,571

8,095

-32,777

86,680

-29,873

-1,298

60,820

-44,625

-21,381

-2,684

43,878

-69,987

8,162

-77,920

-25,363

24,296

32,051

-49,570

-26,531

185,370

12,070

-7,594

52,750

Due to General Partner and affiliates

522

-1,022

437

1,839

429

-2,325

2,021

2,869

559

-4,397

1,688

783

4,506

-6,719

-1,909

2,513

5,356

-1,082

-2,238

876

3,510

-4,128

1,377

3,715

-12,928

Accounts payable, accrued liabilities and other

-54,344

61,866

13,612

-51,652

-109,537

122,902

15,488

-13,650

-116,663

151,999

11,013

-39,170

-52,367

77,955

6,161

-8,870

-27,509

-2,695

16,931

-61,205

-80,439

96,694

32,215

-96,126

-25,617

Net cash provided by (used in) operating activities

201,101

-196,059

-6,776

140,445

-2,975

-32,323

-14,030

148,597

56,735

-69,849

-96,469

117,948

105,412

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-126,073

116,734

116,434

-30,049

7,651

187,593

122,418

-84,658

-111,447

121,166

90,503

Cash flows from investing activities
Purchases of property, plant and equipment

3,012

3,894

4,974

3,231

2,193

3,916

4,035

5,617

3,681

7,181

20,656

11,942

7,176

4,550

4,586

3,228

3,622

3,855

4,100

3,417

3,527

5,266

2,164

5,550

5,600

Business acquisitions

-

-

-

-

-

-

-

-

-

-

2

13,272

58,910

-

0

0

29,065

-

0

0

0

-

-

-

-

Proceeds from sale of assets

11

170

36

178

22

17

334

14

29

92

48

715

148

7

16

12

119

374

97

-26

336

1,464

3

111

25

Net cash used in investing activities

-3,001

-3,724

-4,938

-3,053

-2,171

-3,899

-3,701

-5,603

-3,652

-42,222

-20,610

-24,499

-65,938

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,570

-3,216

-32,568

-3,928

-4,003

-3,443

-3,191

-119,317

-2,161

-5,439

-5,575

Cash flows from financing activities
Net (payments) borrowings under credit agreements

-176,740

216,347

31,006

-119,455

22,482

45,667

46,014

-122,447

-33,021

134,245

132,949

-86,203

-11,743

-8,013

135,573

-98,462

-89,008

61,342

13,148

-186,365

-87,042

305,555

123,675

-110,475

-74,016

Payments on finance leases, term debt, and other obligations

1,586

2,968

1,209

1,049

1,212

3,100

1,099

904

1,033

3,053

1,212

373

392

-

-

-

-

-

-

-

-

-

-

-

-

Payments on capital leases, term debt and other obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

251

871

429

242

390

245

205

190

208

Payments on long-term terminal obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

-

138

75

97

179

98

158

167

Debt issue costs

-

-

-

-

-

81

0

80

102

390

625

3,669

189

0

0

-3

2,092

0

0

0

1,938

-

-

-

-

Distributions to unitholders

-

-

-

-

-

-

-

-

17,622

-

14,550

14,099

13,760

12,477

12,045

11,620

11,361

-

-

-

-

-

-

-

-

Distributions to unitholders

15,184

15,183

17,231

17,230

17,230

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,632

8,330

5,693

Foreign exchange on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24

157

72

110

-86

88

Foreign exchange on capital lease obligations

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

-57

64

-

-

-

-

-

-

-

-

Repurchased units withheld for employee tax obligations

297

0

0

0

0

0

0

0

2,508

0

0

0

1,587

0

0

0

3,870

0

0

0

2,343

0

0

0

136

Net increase in payable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

-1

147

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

122,956

-110,623

-106,596

50,042

2,165

-196,616

-101,556

202,988

114,631

-119,068

-80,161

Net cash (used in) provided by financing activities

-193,807

198,196

12,566

-137,734

4,040

25,256

27,690

-139,975

-54,286

115,739

116,562

-104,344

-27,671

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash balances held in foreign currencies

-124

27

-6

-15

33

-

-

-

-

-47

63

37

21

-7

-36

8

25

-66

-68

87

-142

563

-70

45

34

Effect of exchange rate changes on cash balances held in foreign currencies

-

-

-

-

-

-

-

-

-3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

4,169

-

-

-

-1,073

-

-

-

-1,206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

3,621

-454

-10,858

11,824

-767

-7,723

2,903

-22,705

15,999

5,745

-12,379

17,529

-424

953

-3,296

4,801

Supplemental disclosure of cash flow information
Cash paid for interest

10,883

-

-

-

10,803

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

8,511

9,044

-

6,494

5,866

5,933

-

6,197

5,708

5,825

6,075

5,443

5,935

6,929

4,932

6,192

6,483

7,429

Cash paid for taxes

1,374

1,124

1,254

2,778

2,901

642

536

1,322

1,639

88

101

578

922

34

-102

704

153

439

795

1,922

773

663

-688

1,341

511

Non-cash consideration related to acquisitions:
Assets acquired under finance lease obligations

273

3,867

-57

1,077

702

1,451

1,237

1,049

712

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ROU assets obtained in exchange for new lease liabilities

0

-

-

-

424

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for operating leases

2,551

-

-

-

2,233

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution paid in units

2,072

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-