Simpson manufacturing co inc /ca/ (SSD)
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'10Sep'10Jun'10Mar'10
Net Income (Loss) Attributable to Parent

36,826

28,057

43,686

39,577

22,662

12,757

44,361

44,086

25,429

13,085

28,197

28,214

23,121

17,393

29,797

26,201

16,343

14,732

21,596

21,509

10,051

10,380

20,613

20,451

12,087

7,668

20,006

18,502

4,795

5,882

12,976

15,859

7,201

4,949

19,380

19,493

7,078

-4,499

17,182

6,704

9,199

Adjustments to reconcile net income to net cash provided by operating activities:
(Gain)/loss on sale of assets and other

58

5,760

1

548

-286

8,800

429

127

1,160

-749

147

-51

51

17

81

656

26

332

26

16

15

-11

17

34

285

-1,404

-631

-11

8

-124

-32

13

-23

-190

47

-73

25

-50

5,217

-15

-389

Depreciation and amortization

9,734

9,358

9,529

9,757

9,758

10,344

9,416

9,945

9,688

6,843

10,486

8,032

8,363

6,442

6,607

7,441

7,437

5,157

6,948

7,298

7,418

5,813

7,320

7,101

7,684

5,887

6,854

7,290

7,487

6,113

6,931

7,092

6,721

5,763

4,933

5,083

4,972

5,115

5,245

6,225

6,276

Noncash lease expense

1,997

1,858

2,035

1,568

1,675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off of software development project

-

-

-

-

-

-

-

-

-

-

-

-

-

2,059

0

0

153

0

3,140

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss on assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

1,024

-

0

0

461

-

-

-

-

-

-

-

-

Loss in equity method investment, before tax

-

-

-

-

-

-

-

-

-

-

12

13

28

-

0

0

0

-

0

0

-245

-

-386

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Combination, Bargain Purchase, Gain Recognized, Amount

-

-

-

-

-

-

-

-

-

0

-2,052

0

8,388

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

1,430

295

351

540

1,371

2,889

515

98

1,448

3,747

1,369

20

1,163

-2,350

-31

-987

2,499

836

-585

-307

2,593

857

1,281

-1,608

1,651

1,284

1,055

-812

2,093

689

181

-476

-205

-1,114

-23

-286

-740

2,145

10,207

-5,621

225

Noncash compensation related to stock plans

277

1,735

2,099

2,495

4,105

2,403

2,753

2,904

3,116

2,092

631

3,209

7,976

4,239

3,384

3,573

2,750

2,430

2,940

3,293

3,295

3,682

3,307

3,544

2,657

3,641

3,105

3,024

2,977

3,303

2,064

2,116

3,184

3,025

1,435

856

1,521

2,434

510

299

469

Gain in equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,471

-68

-14

-106

-154

-131

-144

Excess tax benefit of options exercised and restricted stock units vested

-

-

-

-

-

-

-

-

-

-

-

-

-

111

121

13

28

11

7

2

58

13

52

6

8

-

-

-

-

11

0

0

99

-

0

0

-4

-

-

-

-

Write down of excess and obsolete inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-826

940

4,455

477

Provision (benefit) of doubtful accounts

721

542

337

101

-3

208

71

68

222

-13

104

-38

13

48

40

95

-266

287

136

67

-50

126

-116

194

-53

-390

333

48

-39

-115

245

312

-87

-182

70

53

126

-76

184

217

-406

Changes in operating assets and liabilities:
Trade accounts receivable

32,161

-42,481

-8,693

18,110

26,968

-46,105

-18,160

46,074

30,764

-22,785

-11,525

21,878

30,254

-27,915

-3,567

10,802

28,228

-26,033

-7,629

22,865

27,615

-34,789

-8,375

23,512

24,220

-29,645

-9,049

24,339

21,006

-25,952

-12,207

14,252

26,585

-23,192

-18,060

26,338

21,896

-24,718

-13,518

25,665

16,286

Inventories

5,962

7,508

-21,455

-6,628

-3,080

-2,808

21,494

4,668

3,071

8,393

-18,216

6,607

9,796

13,625

949

8,131

13,912

-3,641

-11,475

5,423

-7,515

19,193

-18,362

2,469

19,128

9,185

-10,475

-6,345

-823

31,112

-14,114

3,201

-3,154

6,418

7,374

-699

13,103

-105

-3,455

-3,219

18,922

Trade accounts payable

11,018

-8,975

3,812

2,403

1,915

-9,584

-4,939

7,742

11,451

459

-2,118

-393

3,209

2,979

-3,397

-1,070

7,273

-4,061

-1,625

6,241

-1,590

-2,145

-1,983

-3,735

-3,403

1,835

2,478

-1,443

-5,578

12,589

-11,075

315

10,379

-5,915

-1,825

3,864

-6,250

8,358

-5,534

4,048

-2,194

Accrued liabilities

-

-

-

-

-

-

-

-

721

-

4,140

-6,135

3,681

-5,699

-1,442

1,898

6,289

-5,705

-1,212

7,623

1,740

-6,524

-2,518

4,030

4,140

-4,777

-2,487

10,932

927

-12,605

-731

563

3,899

-5,210

-2,135

4,947

2,943

-1,099

-5,888

1,542

5,341

Accrued profit sharing trust contributions

-

-

-

-

-

-

-

-

-4,326

-

1,506

1,628

-4,036

1,394

1,465

1,450

-3,552

1,414

1,214

1,210

-3,421

721

1,264

1,403

-3,770

1,223

1,338

1,391

-3,335

1,191

1,597

717

-2,802

915

594

-3,516

905

1,299

718

1,706

-5,165

Accrued cash profit sharing and commissions

-

-

-

-

-

-

-

-

-346

-

-1,167

4,922

-1,287

-6,572

1,531

4,500

2,605

-4,047

-1,128

6,526

1,179

-7,662

1,586

4,100

2,057

-6,442

429

7,306

1,318

-5,512

-1,415

3,758

3,115

-8,395

-1,092

7,626

2,534

-5,715

-819

5,840

1,126

Other current assets

6,821

611

1,928

1,592

-323

-198

-1,305

-1,871

-1,923

2,148

-387

-440

695

-571

1,902

-2,381

3,230

-1,981

-3,284

-2,110

1,101

1,376

13

-683

2,977

-1,245

1,403

-169

-16

-284

-149

-2,814

-723

-30

630

-1,102

692

-1,230

-336

-799

1,339

Accrued liabilities and other current liabilities

-4,927

-3,597

7,304

2,866

-6,718

-12,552

6,102

21,237

-983

-1,851

2,552

3,584

-845

-2,321

6,759

6,044

-6,192

5,284

-3,217

7,796

-11,295

-832

1,302

6,822

-5,022

2,765

1,390

7,677

-9,179

-118

3,984

5,090

-9,865

-957

641

3,862

-647

-2,479

329

3,437

936

Long-term liabilities

-

-

-

-

-

-

-

-

3,763

-

-1,109

788

87

1,464

2,201

-1,570

-1,853

163

-2,824

-362

93

-121

120

3,558

-950

539

-1,086

135

-612

-274

-909

-563

313

-810

-260

-669

627

-1,177

-270

82

108

Accrued workers’ compensation

-

-

-

-

-

-

-

-

12

-

-242

212

9

-592

7

-318

-121

107

29

-21

377

-331

3

-690

528

-603

100

421

-18

-188

18

-623

10

19

-208

948

31

675

-377

13

21

Other noncurrent assets and liabilities

-651

-

1,718

1,752

1,838

-

1,612

-988

5

-

-913

843

-210

1,135

2,268

-1,577

-2,162

2,255

250

-333

-871

-3

285

372

-54

1,115

-774

-995

417

-2,479

555

3,268

-1,100

-647

-377

-162

-190

-267

384

-63

-95

Net cash provided by operating activities

12,725

56,427

95,654

43,933

9,648

52,111

52,605

38,246

17,118

34,474

76,864

15,219

-7,492

32,082

45,167

31,613

-9,897

45,654

47,517

35,010

-10,258

18,064

58,655

19,460

-28,958

34,586

53,010

37,642

-18,732

11,359

39,813

16,240

640

11,007

27,425

19,063

-22,408

37,342

34,296

25,065

-19,506

Cash flows from investing activities
Capital expenditures

6,795

8,204

9,236

7,907

7,352

4,596

5,674

8,105

10,935

12,935

14,953

16,524

13,629

12,068

12,385

10,577

6,972

15,023

5,629

7,165

6,369

6,198

8,219

5,105

4,193

3,855

4,854

3,463

4,632

5,833

6,499

6,380

3,249

2,548

9,420

4,000

10,095

3,210

3,503

1,335

20,293

Asset acquisitions, net of cash acquired

0

-879

37

0

3,492

2,007

0

0

0

0

1,632

0

26,289

0

5,361

0

0

3,400

0

0

779

220

0

0

0

1,193

0

0

5,300

9,122

-41

4

56,040

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment

561

9,657

5

2,455

38

17,529

1,522

778

1,239

64

531

33

53

42

80

1,158

40

157

23

88

25

60

47

114

451

3,439

1,713

93

17

705

-21

111

6,847

-124

49

1,370

1,786

4

14,777

14

46

Loan repayments by related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

0

20

605

-

-

-

-

-

-

-

-

0

0

0

50

Capital lease borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan repayment by customer

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

243

-

18

4

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans repaid by related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,798

Net cash used in investing activities

-6,234

-2,495

-9,268

-5,452

-10,806

10,926

-4,152

-7,327

-9,696

-13,018

-6,441

-16,491

-39,865

-14,526

-17,666

-9,419

-6,932

-18,266

-5,605

-7,077

-6,880

-6,341

-8,154

-5,268

-3,742

-1,534

-3,141

-3,350

-9,310

-14,250

-4,781

-6,273

-52,442

-54,525

-8,845

-2,604

-8,309

-7,780

38,980

-1,321

-21,995

Cash flows from financing activities
Debt and line of credit borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

249

49

1,080

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of debt and line of credit borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

1

0

17

-

19

21

20

-

523

66

20

-

4,701

913

41

-

-

-

-

-

-

-

-

Deferred and contingent consideration paid for acquisitions

-

-

-

-

-

-

-

-

-

0

0

140

65

0

0

0

27

0

0

0

1,177

0

0

-1

1,294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

62,679

9,379

21,437

0

30,000

61,050

24,051

440

24,999

50,000

0

20,000

0

0

50,000

0

3,502

0

38,680

8,464

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from line of credit

154,529

3,339

2,566

3,984

6,758

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of line of credit and capital leases

5,415

-

3,609

4,267

6,459

-

265

263

174

-

227

133

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of Company’s common stock

-

-

-

-

-

0

0

0

695

3,044

2,269

983

314

1,281

4,170

1,513

1,012

2,701

1,443

92

5,484

404

1,552

857

1,769

9,724

4,557

280

496

2,741

201

225

1,758

60

0

0

154

-

-

863

92

Excess tax benefit of options exercised and restricted stock units vested

-

-

-

-

-

-

-

-

-

-

-

-

-

111

121

13

28

11

7

2

58

13

52

6

8

-

-

-

-

11

0

0

99

-

0

0

-4

-

-

-

-

Dividends paid

10,169

10,195

10,276

9,825

9,901

10,153

10,192

9,728

9,818

9,937

9,928

8,578

8,538

8,559

8,710

7,733

7,709

7,724

7,860

6,910

6,858

6,853

6,858

6,118

6,089

6,049

6,028

0

6,053

12,094

6,040

6,039

6,020

6,020

6,035

6,264

5,010

4,943

4,942

4,940

4,939

Cash paid on behalf of employees for shares withheld

7,699

0

6

35

5,864

18

17

84

5,027

175

11

31

5,124

22

23

102

3,871

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-3,527

-

-

-

-149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

71,531

-

-

-

-46,773

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

68,567

-19,783

-32,762

-10,143

-45,466

-71,030

-34,525

-10,515

-39,323

-57,329

-8,030

-27,899

-13,413

-7,189

-55,567

-6,309

-14,069

-8,727

-45,091

-15,280

-2,510

-6,453

-8,254

-5,275

-5,626

2,343

-1,714

-9,551

-4,497

-9,768

-11,913

-4,606

-4,204

-5,956

-9,168

-56,339

-4,860

12,027

-4,919

-4,067

-4,847

Effect of exchange rate changes on cash

-

-

-

-

-

1,212

-2,002

-2,782

800

216

828

3,062

1,292

-2,550

449

-1,576

4,101

-2,631

-2,638

2,372

-7,072

-3,201

-5,205

291

-894

49

2,334

-1,431

-1,049

741

1,633

-2,734

2,281

-1,871

-6,263

662

1,759

1,614

3,726

-2,757

-1,190

Net decrease in cash and cash equivalents

-

-

-

-

-

-6,781

11,926

17,622

-31,101

-35,657

63,221

-26,109

-59,478

7,817

-27,617

14,309

-26,797

16,030

-5,817

15,025

-26,720

2,069

37,042

9,208

-39,220

35,444

50,489

23,310

-33,588

-11,918

24,752

2,627

-53,725

-51,345

3,149

-39,218

-33,818

43,203

72,083

16,920

-47,538

Supplemental Disclosure of Cash Flow Information
Noncash activity during the period
Noncash capital expenditures

289

363

-1,442

1,352

284

696

-78

-1,277

1,567

641

-3,046

-879

4,817

1,592

-291

751

266

-

-

-

830

530

-171

266

406

412

607

-77

140

454

262

188

70

-2,849

1,664

1,521

66

-

-

-

-

Asset acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

786

-

-

-

-

-

-

-

-

Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture

322

0

0

0

292

0

0

0

465

-1

0

0

412

0

0

0

315

0

0

0

552

0

0

0

402

0

0

3

315

0

0

0

418

0

0

0

204

0

24

0

277