Synalloy Corporation SYNL Cash Flow

Synalloy corporation (SYNL)

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
Operating activities
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,382	-473	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-1,178	-	-953	-262	-927	-	5,035	3,677	3,835	-	-1,206	795	735	-	-2,608	-1,682	-1,366	-	1,355	2,455	3,637	-	1,278	400	1,776	-	1,461	1,912	1,465	-	842	1,090	1,337	-	570	1,709	2,500
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation expense
1,958	1,771	1,974	1,942	1,890	1,815	1,709	1,456	1,417	1,383	1,370	1,458	1,086	913	1,042	1,171	1,108	842	1,126	1,193	1,194	908	909	957	950	723	616	798	936	245	736	706	706	342	753	768	767
Amortization expense
810	-	-	-	924	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization expense
-	-	-	-	-	599	615	571	576	615	615	615	595	614	614	614	614	569	569	569	569	380	342	342	342	407	393	402	393	546	8	6	6	6	6	9	5
Amortization of debt issuance costs
40	40	39	39	40	58	28	22	22	19	13	13	13	13	30	11	16	57	21	23	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on equity securities
-852	-	-180	-48	-53	-	-493	59	-88	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
1,319	-212	-397	-107	-56	-1,096	88	466	158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of equity securities
0	-	0	148	326	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	417	-322	-128	-	-2,746	0	1,621	-	705	384	27	-	-660	0	28	-1,362	0	0	37	97	0	0	67	59	0	0	62
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
4	895	-1,241	-418	17	-761	-269	2,307	154	542	148	-3	0	-	-	-	-	0	-2,414	0	-2,483	0	0	-3,476	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments on earn-out liabilities in excess of acquisition date fair value
292	-	11	66	370	-	0	194	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for losses on accounts receivable
141	-78	-156	-70	134	269	1	-15	-14	9	211	42	-61	6	-24	9	-36	160	738	-813	-23	-520	516	119	-42	-88	-104	-106	71	193	-49	57	-96	546	170	129	-54
Provision for losses on inventories
358	224	592	381	418	832	248	362	384	695	271	-7	236	522	232	377	-149	1,257	293	230	221	-1,279	1,129	2,302	395	-596	26	472	266	-80	13	245	286	-	-	-	-
Provision for losses on inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,386	-74	-53
(Gain) loss on sale of property, plant and equipment
-	-	-	-	-	0	0	3	14	-22	-2	0	0	0	-2,340	23	21	8	-2	0	12	-34	8	0	0	-	-	-	-	95	-29	0	41	-37	3	36	-2
Amortization of deferred gain on sale-leaseback
-	-	-	-	-	83	83	83	83	83	83	83	83	83	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash lease expense
128	127	144	151	137	168	92	91	93	92	101	101	101	101	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash lease termination loss
11	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash value of life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	19	-18	-146	-476	564	-24	32	-24	-24	-24	-80	-27	-26	-27	24	-27	-27	-161	-	-	-	-18
Change in fair value of interest rate swap
-85	285	-20	-76	-48	-79	7	19	73	63	8	-16	41	263	115	-98	-293	191	-247	183	-169	-234	102	-175	-118	214	-106	495	137	62	-175	0	0	-	-	-	-
Change in fair value of equity securities
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in environmental reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	11	-	14	9	9	-76	5	3	18	-41	8	3	14	-24	11	1	11	-	-	-	-
Environmental reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-217	6	8
Stock-based compensation expense
336	330	907	237	615	205	205	223	192	151	156	210	119	168	102	89	99	118	130	130	143	111	85	86	80	82	83	84	80	97	84	77	78	76	76	48	74
Changes in operating assets and liabilities:
Accounts receivable
7,737	-	-1,928	-3,243	2,393	-	5,886	6,698	6,069	-	283	4,392	7,801	-2,093	1,294	-1,591	2,428	-4,039	-3,040	-3,853	-447	-3,743	-10,705	4,367	6,632	-2,882	-2,927	993	4,174	-2,861	842	-3,030	5,943	-	-	-	-9,403
Inventories
-676	-	-3,619	-3,359	-5,190	-	22,960	8,084	11,108	-	-508	2,886	2,395	2,165	-151	-528	-3,518	-2,889	-1,995	-4,494	5,205	2,822	389	-2,064	2,151	-4,424	-598	6,556	1,125	-1,206	-599	3,370	1,050	-	-	-	-10,566
Other assets and liabilities
-2	-	-235	1,902	-631	-	378	1,873	231	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and liabilities
-	-	-	-	-	-	-	-	-	-1,050	-10,705	930	-404	10,835	562	590	-220	-228	1,155	-375	101	1,470	-61	287	-531	1,547	-1,985	99	642	1,862	-152	8	-57	860	193	-158	78
Accounts payable
5,668	-4,413	-3,395	-1,479	3,966	-21,622	18,287	-2,059	5,160	-512	2,975	5,329	-220	3,648	-1,454	3,956	-1,731	1,193	-924	-413	-8,977	5,163	-4,174	-2,272	9,103	-6,197	130	1,668	5,278	238	-7,216	-2,004	5,010	-1,067	-1,706	-3,833	8,976
Accrued expenses
-1,085	-	116	2,166	-3,541	-	874	2,369	-996	-	-10,216	2,056	113	9,724	2,922	-1,355	-1,709	-71	-1,008	754	-1,733	-41	-399	4,940	-504	744	-1,186	1,257	-3,131	-57	927	-478	797	-	-	-	2,391
Accrued income taxes
-2,738	148	276	-1,187	-351	-57	507	-11	900	2,418	-1,831	-988	428	311	1,475	-1,071	-2,010	2,298	1,074	-1,659	1,324	-817	603	-1,969	896	-803	-87	-493	521	-609	32	-796	619	-158	-553	-951	1,349
Net cash (used in) provided by continuing operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	3,051	85	4,185	-1,967	10,755	5,333	12,085	-10,797	6,477	11,776	4,489	5,361	-	-	-	-	-	-	-	-	-	-4,161	1,141	-3,884
Net cash used in discontinued operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	100	-3,404	-320	-218	-216	-213	-211	-208	595	1,648	-3,443	1,984	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by operating activities
-642	10,712	4,702	7,126	6,099	-6,937	-1,397	-7,278	-5,607	4,256	3,545	1,329	-6,896	3,151	-3,318	3,864	-2,185	10,539	5,120	11,874	-11,006	7,073	13,425	1,045	7,345	-4,734	1,413	-2,048	-172	5,841	-4,521	-1,370	1,684	-	-	-	-
Investing activities
Purchases of property, plant and equipment
587	1,696	956	920	964	2,872	1,100	1,526	1,855	1,586	860	1,667	1,164	928	375	1,020	720	3,474	4,634	880	1,916	3,503	1,755	1,158	1,649	1,205	1,380	1,642	1,419	1,973	1,240	802	525	1,200	654	872	457
Proceeds from sale of equity securities
0	-	0	241	850	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	0	22,114	44	55	9	0	0	12	0	8	0	0	32	0	51	52	71	0	0	77	-17	3	42	2
Purchase of equity securities
0	0	0	-0	544	-0	4,633	145	191	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of ASTI
0	-21,895	0	0	21,895	0	0	0	0	-0	0	-877	12,830	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	734	0	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-4,621	-13,995	-	21,739	526	-664	-	-3,401	-880	-1,904	-34,980	-1,747	-1,158	-1,649	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by discontinued investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-446	3,590	-3	-1	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-587	-1,695	-767	-678	-22,553	-2,871	-5,734	-12,050	-2,046	-	-	-	-	-	-	-	-	-	-	-	-	-35,427	1,843	-1,161	-1,650	-472	-6,020	-1,590	-1,367	-991	-28,850	-802	286	-1,217	-650	-830	-454
Financing activities
Borrowings (repayments) from line of credit
3,201	-	-	-	-4,258	-	-	-	8,360	-	-6,322	3,072	21,168	362	3,822	-1,375	4,118	-	-475	-9,839	14,386	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings from line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	884	0	0	0	-24,432	1,034	4,250	1,087	-	-	2,180	-1,967	-	-	-	5,118
Borrowings from term loan
0	0	0	0	20,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term debt
1,000	999	1,000	1,000	666	0	0	0	0	-	-	-	-	0	23,829	1,105	1,133	1,133	1,133	1,133	1,300	633	633	633	633	657	562	612	568	-	-	0	0	-	-	-	-
Principal payments on finance lease obligations
64	4	-8	62	47	258	25	31	21	33	24	46	21	16	16	16	16	5	8	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for finance lease terminations
14	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements
-863	-1,130	-1,151	-1,155	-190	-642	-641	-296	-680	0	-518	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercised stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	0	11	69	123	0	0	0	0	0	161	0
Repurchase of common stock
635	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	253	-	122	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
625	-8,644	-3,704	-7,029	14,839	10,157	8,985	19,329	7,658	-2,191	-6,865	3,026	21,147	581	-20,313	-2,497	2,715	-7,598	-1,740	-10,964	13,085	7,633	-606	-633	-633	6,940	4,504	3,648	588	-3,770	33,255	2,180	-1,967	-1,837	4,816	-1,085	5,119
Decrease in cash and cash equivalents
-604	372	229	-581	-1,615	348	1,853	0	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-37	-265	255	-194	-1,892	1,894	-135	181	-21	29	174	-20,720	14,662	-749	5,060	1,733	-102	8	-951	1,079	-116	7	4	-9	4	-773	780
Supplemental disclosure
Interest
667	-	919	982	878	-	575	324	289	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	821	471	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	231	113	-	214	235	262	-	319	312	307	-	248	234	235	-	250	405	284	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	-	-	-	-	897	1,635	23	-	41	564	310	-	174	1,944	79	-	465	1,640	7	-	350	1,521	177	-	-	-	-	-	-	-	-
Payments Of Multiemployer Plan Withdrawal Obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-