Strattec security corp (STRT)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Jun'18Apr'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'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)

7,937

6,061

-14,442

-12,693

-9,540

-8,645

16,788

-

15,628

-

14,056

15,172

12,974

12,110

10,889

9,119

12,695

14,122

14,258

16,355

18,043

24,551

29,004

27,846

25,626

19,140

16,672

13,893

12,052

11,513

11,855

14,131

13,595

12,253

11,317

8,345

7,783

7,590

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

14,585

-

13,515

12,438

11,753

11,418

10,972

10,693

10,485

10,121

9,951

9,629

9,099

8,815

8,521

8,361

8,267

8,267

8,329

8,126

7,844

7,490

7,100

7,009

6,915

6,809

6,798

6,723

6,633

6,619

0

0

0

Foreign currency transaction loss

-

0

-54

-

-

61

258

-

549

-

-820

-950

302

1,128

2,539

3,735

2,291

2,559

1,866

1,975

3,246

3,075

2,894

2,347

538

-36

979

-44

272

-395

-838

-549

-785

1,369

629

959

894

-836

0

0

0

Unrealized loss (gain) on peso forward contracts

-

-

-

39

-357

12

-677

-

-1,160

-

176

2,494

2,651

2,010

858

-1,585

-892

-889

0

0

0

-

-

-

-

-

-

-

-

395

326

1,425

1,976

-640

0

0

0

-

-

-

-

Stock based compensation expense

1,055

1,131

1,161

1,133

1,126

1,135

1,144

-

1,130

-

1,225

1,337

1,451

1,508

1,532

1,547

1,555

1,625

1,557

1,493

1,432

1,323

1,261

1,198

1,163

1,128

1,186

1,222

1,340

1,062

959

924

727

825

790

694

652

621

0

0

0

Equity loss (earnings) of joint ventures

387

1,374

2,358

2,783

3,865

4,418

4,415

-

4,532

-

3,656

2,874

1,630

666

-1,621

-1,629

-1,880

-2,235

-1,136

-1,172

-1,271

-788

-39

435

853

957

1,035

477

81

-225

-1,021

-870

-963

-1,071

-206

131

704

1,246

0

0

0

Non-cash compensation expense

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-3,023

-3,023

-10,274

-10,122

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in operating assets and liabilities:
Receivables

-15,033

-704

1,019

10,392

18,776

6,610

15,192

-

9,571

-

-65

1,462

-3,926

1,707

15,043

-1,088

11,560

5,129

-6,094

-243

-21,771

-9,155

8,391

17,664

27,365

21,291

4,766

3,459

7,054

2,923

8,191

5,877

3,600

5,394

-704

1,882

5,574

3,309

0

0

0

Inventories

11,526

4,523

5,221

608

3,841

5,701

6,884

-

11,178

-

4,771

3,201

709

-3,207

-3,503

-6,134

-3,326

3,897

5,878

6,327

9,965

4,284

7,189

8,858

4,703

6,190

2,808

3,499

1,862

3,076

2,779

3,231

1,170

-899

-372

890

4,914

5,049

0

0

0

Other assets

-100

-3,523

-6,407

-5,855

-11,373

-4,085

-405

-

4,457

-

10,102

8,771

7,301

6,499

10,807

11,796

11,463

9,481

6,308

1,915

-18

1,482

222

2,616

4,209

6,535

8,630

2,856

1,523

-2,809

-7,074

-1,798

318

2,130

1,475

284

-229

183

0

0

0

Accounts payable and accrued liabilities

-929

238

6,453

6,141

8,258

3,073

5,973

-

3,749

-

3,581

2,938

-952

5,168

9,491

-4,412

629

-3,003

-177

479

-10,125

-1,463

3,882

15,135

25,734

16,188

5,034

-2,745

-6,772

-7,553

-4,644

3,136

3,077

3,437

474

-1,594

5,324

2,902

0

0

0

Other, net

0

0

0

-

-

-

-

-

-26

-

-224

-208

-156

-323

0

0

0

-

-

-

217

307

174

199

155

116

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-25

17

30

18

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

9,236

-

16,282

16,995

26,235

31,459

25,802

22,436

24,894

11,519

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

35,154

30,827

37,152

29,941

27,959

25,624

14,383

-

6,940

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

18,532

11,327

10,442

8,371

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

965

0

0

0

-

-

-

-

-

-

-

-

Loan to joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

2,230

2,000

1,475

925

225

250

250

250

315

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments from loan to joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property, plant and equipment

0

0

0

-

0

0

0

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

0

0

0

Additions to property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,515

11,778

12,457

12,777

13,558

0

0

0

-

-

-

-

Purchase of additional interest in majority owned subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

0

0

0

Proceeds received on sale of property, plant and equipment

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

71

51

51

69

91

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-29,471

-

-24,678

-21,706

-27,632

-30,795

-25,656

-24,151

-17,336

-13,026

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-14,140

-15,579

-17,914

-17,600

-18,461

-19,111

-20,316

-

-23,918

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-13,640

-12,727

-9,486

-7,792

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under credit facility

-

-

-

5,000

5,000

8,000

14,000

-

24,000

-

27,000

33,000

40,000

36,000

36,000

42,000

33,500

26,500

20,500

13,000

8,500

9,000

9,000

2,000

2,000

1,250

2,000

1,750

2,500

3,250

0

0

0

-

-

-

-

-

-

-

-

Repayment of borrowings under credit facility

20,000

17,000

18,000

14,000

9,000

8,000

3,000

-

3,000

-

5,000

7,000

24,000

26,000

28,000

32,000

16,000

16,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contribution from non-controlling interest of subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

2,940

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid to non-controlling interests of subsidiaries

980

1,380

1,580

1,384

1,984

1,784

1,584

-

2,817

-

2,417

2,217

2,217

1,964

1,764

1,764

1,764

1,568

1,568

1,568

1,568

882

882

882

882

984

984

1,184

1,184

1,331

0

0

0

-

-

-

-

-

-

-

-

Dividends paid

2,089

2,081

2,071

2,063

2,055

2,046

2,040

-

2,034

-

2,028

2,023

2,017

2,012

1,977

1,939

1,902

1,865

1,826

1,789

1,750

1,711

1,672

1,632

1,589

1,542

1,152

1,428

1,396

1,352

1,687

1,359

1,342

1,341

0

0

0

-

-

-

-

Exercise of stock options and employee stock purchases

570

718

487

271

0

0

0

-

-

-

-

-

-

241

51

49

64

473

428

423

596

553

1,048

2,667

3,084

2,742

2,921

1,541

902

823

338

89

85

82

120

126

93

90

0

0

0

Employee stock purchases

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-19,499

-16,743

-18,164

-12,176

-7,770

-3,706

7,616

-

16,391

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-2,024

-1,782

-5,269

-5,037

0

0

0

Foreign currency impact on cash

-544

-593

-178

-446

437

181

164

316

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCREASE IN CASH AND CASH EQUIVALENTS

971

-2,088

896

-281

2,165

2,988

1,847

-271

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of loan from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,850

1,150

1,250

1,050

1,150

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

17,008

-

4,401

3,933

145

5,827

7,489

1,148

2,108

961

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

FOREIGN CURRENCY IMPACT ON CASH

-

-

-

-

-

-

-

-

-

-

-

-

-

54

330

366

329

-381

-882

-1,142

-1,326

-552

-94

22

73

-5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

FOREIGN CURRENCY IMPACT ON CASH

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-268

-77

-204

240

116

134

179

-159

0

0

0

NET DECREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,116

-18,167

-9,733

-2,898

-10,218

-4,877

-1,920

-2,578

5,939

7,541

-545

9,739

-551

4,239

1,819

-3,468

2,820

591

3,806

3,086

237

2,984

-3,048

-4,134

-4,617

0

0

0

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for:
Income taxes

1,068

828

866

530

377

1,351

1,850

2,503

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

318

2,197

3,330

4,232

4,699

6,423

6,942

14,606

14,754

14,636

14,066

6,171

5,441

4,153

3,507

3,905

3,701

3,509

3,417

2,362

2,721

1,778

1,191

1,552

1,394

0

0

0

Interest

1,233

1,432

1,571

1,624

1,591

1,467

1,308

-

1,078

-

803

607

447

350

340

281

231

157

99

73

54

47

33

36

34

42

48

42

43

42

50

65

85

115

137

157

176

188

0

0

0

Non-cash investing activities:
Change in capital expenditures in accounts payable

-446

-292

-81

467

-282

-869

-637

-

-1,702

-

-1,274

724

278

-99

1,573

118

946

2,625

113

318

-415

136

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Guarantee of joint venture revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

505

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-