Synalloy Corporation SYNL Cash Flow

Synalloy corporation (SYNL)

CashFlow / TTM

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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation expense
7,646	7,578	7,622	7,357	6,872	6,400	5,967	5,629	5,631	5,300	4,829	4,500	4,213	4,235	4,164	4,249	4,270	4,356	4,422	4,205	3,968	3,724	3,539	3,246	3,087	3,074	2,596	2,716	2,624	2,394	2,490	2,508	2,570	2,631	0	0	0
Amortization expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization expense
-	-	-	-	-	2,363	2,379	2,379	2,424	2,443	2,442	2,441	2,440	2,459	2,414	2,368	2,323	2,277	2,088	1,861	1,634	1,407	1,434	1,485	1,545	1,597	1,736	1,351	955	567	27	25	27	26	0	0	0
Amortization of debt issuance costs
160	160	177	166	149	132	93	78	69	60	54	71	69	72	116	106	118	120	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on equity securities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
602	-773	-1,657	-1,171	-597	-383	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of equity securities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-1,994	-1,333	-1,333	-1,325	134	134	134	164	126	126	126	121	0	0	0
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
-760	-747	-2,404	-1,431	1,293	1,431	2,735	3,153	842	688	0	0	0	-	-	-	-	-4,897	-4,897	-2,483	-5,959	-3,476	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments on earn-out liabilities in excess of acquisition date fair value
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for losses on accounts receivable
-164	-171	176	333	388	240	-19	190	248	202	199	-37	-69	-45	108	871	47	60	-620	-842	91	72	504	-116	-342	-229	52	108	272	105	458	678	750	792	0	0	0
Provision for losses on inventories
1,557	1,617	2,225	1,880	1,861	1,828	1,690	1,713	1,343	1,196	1,023	984	1,369	983	1,718	1,779	1,633	2,003	-533	301	2,373	2,548	3,231	2,129	298	169	685	671	444	463	0	0	0	-	-	-	-
Provision for losses on inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
(Gain) loss on sale of property, plant and equipment
-	-	-	-	-	18	-4	-7	-10	-25	-2	-2,340	-2,316	-2,294	-2,286	51	27	18	-24	-14	-14	-26	0	0	0	-	-	-	-	107	-24	7	44	-0	0	0	0
Amortization of deferred gain on sale-leaseback
-	-	-	-	-	334	334	334	334	334	334	250	167	83	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash lease expense
551	560	600	548	488	445	368	378	388	397	406	304	203	101	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash lease termination loss
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash value of life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	1	-145	-621	-76	-82	96	549	-39	-39	-152	-155	-158	-161	-56	-56	-56	-190	0	0	0	-	-	-	0
Change in fair value of interest rate swap
104	141	-224	-196	-101	20	162	163	127	96	296	403	322	-12	-84	-447	-165	-41	-467	-117	-476	-425	22	-186	484	740	588	519	24	-113	0	0	0	-	-	-	-
Change in fair value of equity securities
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in environmental reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-23	-	-43	-52	-58	-50	-14	-11	-10	-14	3	5	3	0	0	0	0	-	-	-	-
Environmental reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Stock-based compensation expense
1,812	2,091	1,965	1,263	1,249	827	772	723	710	638	654	600	479	459	409	437	478	521	515	470	426	364	335	333	331	331	346	346	340	337	316	309	279	276	0	0	0
Changes in operating assets and liabilities:
Accounts receivable
0	-	0	0	0	-	0	0	9,145	-	10,383	11,394	5,410	37	-1,908	-6,243	-8,504	-11,380	-11,084	-18,750	-10,529	-3,448	-2,587	5,190	1,815	-642	-620	3,149	-873	894	0	0	0	-	-	-	0
Inventories
0	-	0	0	0	-	0	0	15,801	-	6,938	7,296	3,881	-2,032	-7,087	-8,931	-12,897	-4,173	1,538	3,923	6,353	3,298	-3,947	-4,935	3,685	2,659	5,877	5,876	2,689	2,615	0	0	0	-	-	-	0
Other assets and liabilities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and liabilities
-	-	-	-	-	-	-	-	-	-11,230	655	11,924	11,584	11,767	703	1,296	331	653	2,352	1,135	1,797	1,164	1,241	-682	-869	303	618	2,452	2,361	1,661	658	1,004	837	973	0	0	0
Accounts payable
-3,621	-5,323	-22,531	-847	-1,428	-234	20,875	5,563	12,952	7,572	11,732	7,302	5,929	4,418	1,964	2,493	-1,876	-9,122	-5,152	-8,401	-10,260	7,820	-3,540	764	4,705	879	7,315	-31	-3,704	-3,971	-5,277	232	-1,596	2,369	0	0	0
Accrued expenses
0	-	0	0	0	-	0	0	-10,534	-	1,678	14,817	11,405	9,582	-214	-4,144	-2,035	-2,059	-2,028	-1,420	2,766	3,995	4,781	3,993	310	-2,316	-3,118	-1,003	-2,739	1,189	0	0	0	-	-	-	0
Accrued income taxes
-3,501	-1,114	-1,320	-1,089	87	1,339	3,814	1,475	498	26	-2,080	1,226	1,143	-1,294	693	291	-296	3,038	-77	-548	-858	-1,287	-1,273	-1,964	-488	-863	-669	-549	-852	-754	-304	-889	-1,044	-313	0	0	0
Net cash (used in) provided by continuing operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	5,355	13,058	18,306	26,207	17,376	13,099	19,541	11,944	28,103	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0
Net cash used in discontinued operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-3,843	-4,159	-968	-859	-849	-38	1,824	-1,407	785	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by operating activities
21,899	28,640	10,990	4,890	-9,514	-21,221	-10,027	-5,084	3,523	2,235	1,130	-5,733	-3,198	1,511	8,899	17,337	25,347	16,526	13,061	21,366	10,536	28,889	17,081	5,069	1,975	-5,541	5,034	-900	-222	1,634	0	0	0	-	-	-	-
Investing activities
Purchases of property, plant and equipment
4,160	4,537	5,713	5,857	6,463	7,355	6,068	5,828	5,969	5,279	4,621	4,135	3,488	3,044	5,589	9,849	9,709	10,905	10,934	8,054	8,332	8,065	5,768	5,393	5,877	5,648	6,416	6,276	5,436	4,542	3,768	3,182	3,252	3,185	0	0	0
Proceeds from sale of equity securities
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	22,215	22,224	109	64	21	12	20	20	8	40	32	83	136	174	174	123	148	59	63	106	31	0	0	0
Purchase of equity securities
0	544	543	5,176	5,322	4,970	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of ASTI
-21,895	0	21,895	21,895	21,895	0	-0	-0	-877	11,953	14,953	14,953	15,830	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	734	734	734	734	0	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-7,704	-	-41,166	-39,512	-39,790	-39,535	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by discontinued investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,139	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-3,729	-25,695	-26,871	-31,837	-43,209	-22,703	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-36,396	-1,441	-9,305	-9,735	-9,451	-9,970	-32,800	-32,011	-30,357	-30,584	-2,384	-2,411	-3,153	0	0	0
Financing activities
Borrowings (repayments) from line of credit
0	-	-	-	0	-	-	-	4,301	-	18,281	28,426	23,978	6,928	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings from line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	884	-24,432	-23,398	-19,148	-18,060	0	0	0	-	-	0	0	-	-	-	0
Borrowings from term loan
0	20,000	20,000	20,000	20,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term debt
4,000	3,666	2,666	1,666	666	0	0	0	0	-	-	-	-	26,068	27,201	4,506	4,533	4,700	4,200	3,700	3,200	2,533	2,557	2,486	2,466	2,401	0	0	0	-	-	0	0	-	-	-	-
Principal payments on finance lease obligations
123	106	360	393	362	337	111	110	125	125	108	100	70	65	54	46	29	13	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for finance lease terminations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements
-4,300	-3,627	-3,138	-2,628	-1,770	-2,261	-1,618	-1,495	-1,198	-518	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercised stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	138	204	204	193	123	0	0	161	161	0	0	0
Repurchase of common stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-18,753	-4,539	14,262	26,952	53,310	46,130	33,780	17,930	1,627	15,117	17,890	4,442	-1,081	-19,513	-27,694	-9,121	-17,588	-7,218	8,014	9,148	19,479	5,760	5,067	10,178	14,460	15,682	4,971	33,721	32,253	29,698	31,631	3,191	-73	7,012	0	0	0
Decrease in cash and cash equivalents
-583	-1,594	-1,618	5	586	2,206	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-242	-2,097	62	-328	48	1,918	54	364	-20,538	-5,854	-6,633	-1,747	20,707	5,942	6,700	688	34	20	19	975	-113	6	-774	1	0	0	0
Supplemental disclosure
Interest
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Payments Of Multiemployer Plan Withdrawal Obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-