Summer infant, inc. (SUMR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Cash flows from operating activities:
Impairment of goodwill and intangible assets

-

-

-

-

-

-

-

-

69,796

-

-

Change in value of interest rate swap agreements

-

-

-

-

-

-

-

-

88

257

476

Net loss

-4,164

-4,251

-2,249

-2,249

-4,322

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-8,651

-245

-2,815

-65,653

3,811

6,587

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization

3,720

4,182

4,197

4,197

5,011

6,780

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

5,548

6,280

7,566

6,377

5,384

Stock-based compensation expense , net of forfeitures

319

523

494

494

482

865

1,220

893

888

1,187

1,057

Impairment of intangible assets

-

-

0

-

2,993

0

-

-

-

-

-

Provision for allowance for doubtful accounts

316

1,963

1,558

1,558

-16

-

-

-

-

-

-

Write off of unamortized deferred financing costs

-

518

-

-

-

-

-

-

-

-

-

Loss on asset disposal

-

-

-

-

-37

-42

-

-70

-

-

-

Deferred income taxes

1,084

-193

1,911

1,911

-1,384

-3,685

-

-

-

-

-

Amortization of right of use assets

1,833

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-1,130

-715

-8,218

4,358

2,279

Changes in assets and liabilities:
Decrease (increase) in trade receivables

1,583

-3,035

3,859

3,859

-6,167

1,715

4,622

-10,682

-2,319

-990

14,752

Decrease in inventory

-8,328

2,524

-2,353

-2,353

-344

-7,170

6,093

-11,426

-567

1,936

14,442

Decrease in lease liabilities

-1,370

-

-

-

-

-

-

-

-

-

-

Increase in prepaids and other assets

1,939

71

-790

-790

44

-250

86

-604

-1,644

1,344

331

Decrease (increase) in other assets

10

42

-19

-19

-164

342

-392

1,744

-13

-160

-56

Increase (decrease) in accounts payable and accrued expenses

-4,999

2,406

-4,003

-4,003

-644

8,625

-1,260

-5,620

-3,681

-3,961

5,777

Net cash (used in) provided by operating activities

-

-

-

-

-

9,339

-6,276

19,061

5,153

9,385

-8,861

Proceeds from sale of assets

-

-

-

-

-

-

-

138

-

-

-

Acquisitions, net of cash acquired

-

-

-

-

-

-

-

87

-

13,960

880

Net cash provided by (used in) operating activities

1,535

5,546

1,211

1,211

8,788

-

-

-

-

-

-

Cash flows from investing activities:
Acquisitions of property and equipment

1,991

3,472

3,103

3,103

2,266

3,033

2,733

3,259

5,596

6,688

7,902

Acquisitions of intangible assets

335

-

-

-

-

472

227

1,114

510

121

-

Net cash used in investing activities

-2,326

-3,472

-3,103

-3,103

-2,266

-

-

-

-

-

-

Cash flows from financing activities:
Repayment of Prior Term Loan Facility

-

5,000

2,000

2,000

1,500

1,500

-

-

-

-

-

Repayment of Prior FILO Facility

-

1,250

-

2,500

-

12,500

1,500

-

-

-

-

Payment of financing fees and expenses

-

1,958

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-3,505

-2,960

-4,322

-6,106

-20,769

-8,782

Proceeds from New Term Loan Facility

-

-

-

-

-

10,000

-

-

-

-

-

Proceeds from New Term Loan Facility

-

17,500

-

-

-

5,000

-

-

-

-

-

Repayment of term loan facility

875

219

2,500

-

1,250

-

-

-

-

-

-

Net (repayments) borrowings on revolving facility

1,594

-11,097

-

5,815

-

-

-

-

-

-

-

Net borrowings (repayments) on revolving facilities

-

-

5,815

-

-3,798

-

-

-

-

-

-

Net borrowings (repayments) of debt

-

-

-

-

-

-

10,521

-15,819

-

-

-

Issuance of common stock upon exercise of stock options

-

25

6

6

-

47

19

32

744

2,002

32

Net borrowings (repayment) on revolving facilities

-

-

-

-

-

6,163

-

-

-

-

-

Net repayment on revolving facilities

-

-

-

-

-

-

-

-

2,181

9,187

17,345

Net cash provided by (used in) financing activities

-

-

-

-

-

-5,116

9,040

-15,787

2,925

11,189

17,377

Net cash (used in) provided by financing activities

719

-1,999

1,321

1,321

-6,548

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-254

-35

-

253

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-326

40

-

-318

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

253

-

102

-1,067

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-105

-511

-55

272

472

Net increase (decrease) in cash and cash equivalents

-

-

-318

-

76

-349

-301

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-1,559

1,917

77

206

Supplemental disclosure of cash flow information:
Cash paid for interest

3,781

2,944

2,274

2,274

1,963

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

2,318

3,310

3,428

3,604

2,622

1,829

Cash paid for income taxes

7

280

358

358

100

158

90

96

980

1,257

2,069

Issuance of common stock in conjunction with the acquisitions (see note 1)

-

-

-

-

-

-

-

-

-

9,652

-

Capital lease obligations incurred

-

-

-

-

-

-

-

-

1,507

1,146

713

Issuance of common stock-Butterfly Earn-out

-

-

-

-

-

-

-

-

-

931

-

Fair value of assets acquired

-

-

-

-

-

-

-

-

-

21,274

-

Liabilities Assumed

-

-

-

-

-

-

-

-

-

9,239

-

Issuance of Common Stock in conjunction with acquisition

-

-

-

-

-

-

-

-

-

9,607

-