Sypris solutions inc (SYPR)
CashFlow / Quarterly
Apr'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'11
Cash flows from operating activities:
Net loss

-305

-859

-1,557

1,503

-3,036

-188

-2,336

-

814

-1,795

-1,795

-1,234

-3,133

-3,147

-3,308

-4,648

20,993

-5,203

-5,099

-5,493

-274

-8,416

-13,033

-2,047

-1,159

370

1,652

61

-1,995

-1,494

-6,459

-940

-5,739

4,438

5,288

1,323

6,082

-1,550

2,052

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-90

-6,331

-576

-223

-78

0

0

-450

(Loss) income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-850

592

5,014

5,511

1,401

6,082

-1,550

2,502

Depreciation and amortization

620

565

699

716

691

660

678

-

638

672

672

955

957

956

1,016

1,202

1,408

1,725

1,953

2,013

2,072

2,770

2,180

2,422

2,591

2,682

2,714

3,046

3,187

3,095

3,073

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,073

3,425

3,506

3,648

3,637

Stock-based compensation expense

94

80

106

172

111

144

145

-

205

143

143

167

168

220

175

345

324

340

363

125

216

295

206

362

321

509

405

237

450

614

388

495

406

486

439

225

205

317

232

Deferred revenue recognized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,000

2,000

2,000

2,000

1,973

1,973

1,973

1,973

-1,721

-1,721

-1,721

-1,721

Deferred loan costs recognized

4

0

4

3

4

3

4

4

-

3

3

-

-

-

-

-

-

-

-

404

1,299

553

77

20

19

20

19

20

19

20

19

-

-

-

19

19

19

38

96

Deferred loan costs recognized

-

-

-

-

-

-

-

-

-

-

-

-

-15

-15

-15

-451

-1,375

-230

-205

0

0

2,030

2,170

2,164

2,164

2,165

2,164

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on the sale of assets

154

187

-10

477

0

-8

-16

-

-506

281

281

4

127

121

2,416

-4

31,239

21

2,370

57

7,423

0

0

-

-

-

-

-129

-37

17

1,665

-35

0

13

2,612

334

3,611

118

460

Provision for excess and obsolete inventory

40

113

220

246

37

645

-94

-

44

-75

-75

-29

36

74

35

748

46

61

25

-236

180

1,043

82

253

452

342

103

230

95

646

280

299

19

201

409

381

-187

338

413

Non-cash lease expense

288

-

-

-

164

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncash items

-190

-53

403

-367

86

-151

-107

-

48

-68

-68

654

-26

-89

-507

1,262

-327

642

-137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-901

359

3,248

-437

-625

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,900

0

0

0

0

-

-

-

-

Other noncash items

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,404

-183

-858

-216

-32

113

16

77

-340

812

-

-

-

-

-

-

-

-

Contributions to pension plans

34

34

303

35

10

0

66

-

0

11

11

0

0

0

0

-

-

-

-

0

34

204

77

183

466

242

199

186

260

206

11

286

866

0

446

0

401

320

32

Changes in operating assets and liabilities:
Accounts receivable

1,478

-1,227

-2,446

2,006

-758

-1,552

-643

-

2,132

675

675

-1,133

-363

1,874

1,041

-437

-3,484

-1,217

1,066

-1,316

1,933

-8,014

-17,303

-13,950

-3,302

6,390

19,953

-7,912

-6,444

31

14,344

-5,194

-19,488

2,656

17,719

-11,123

230

2,803

9,599

Inventory

-846

338

904

-905

2,486

673

1,215

-

1,047

-78

-78

-4,509

-1,738

4,424

5,027

172

1,143

-136

630

-3,278

-754

-2,447

1,047

-6,231

923

-1,215

2,247

-2,948

-465

2,322

2,799

-1,844

-3,358

744

5,649

-2,044

-3,006

3,836

5,516

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,091

396

-729

-202

-

-

-

-

-

-

-

-

Other current assets

99

-

-1,202

1,652

-473

-

628

-

1,386

667

667

-

574

-819

-413

-

339

638

-423

-

1,326

2,315

691

-

1,590

907

-1,662

-

-

-

-

-

-

-

554

-

-

-

-489

Accounts payable

1,474

-752

-899

-1,228

-1,187

-1,059

639

-

2,321

1,047

1,047

-2,126

-2,901

2,789

5,729

-2,777

-1,464

679

-1,048

-1,337

1,975

-6,980

-7,046

-20,568

-588

5,656

17,925

-9,183

-6,213

-1,444

17,545

-9,686

-16,284

-1,416

12,193

-6,046

3,028

3,461

11,304

Accrued and other liabilities

-772

-2,927

1,459

409

40

2,595

3,759

-

285

847

847

-3,271

844

-514

3,062

-1,244

-1,219

-109

2,397

-1,590

1,215

561

-916

-2,139

1,783

1,124

2,469

-278

175

1,218

-1,362

-5,176

-2,031

-4,827

5,928

-2,309

1,238

2,428

-1,257

Net cash provided by (used in) operating activities

714

-2,673

2,621

-1,241

-4,527

2,957

1,652

-

-2,071

-646

-646

-913

-2,588

-5,118

-840

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,749

1,182

713

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,225

-4,710

-1,732

-734

-5,666

-5,315

-2,994

1,362

2,178

2,499

575

85

-1,532

579

-6,007

5,918

-4,351

-480

-

-

-

-

Cash flows from investing activities:
Capital expenditures, net

453

306

-118

323

348

730

115

-

800

406

406

180

460

821

176

359

1,289

75

40

670

272

588

295

797

1,988

1,915

559

1,961

1,566

581

945

2,976

1,676

986

1,444

3,021

929

1,520

1,378

Proceeds from sale of assets

288

1,205

19

634

0

-8

30

-

995

363

363

51

127

121

2,502

1,167

39,328

20

11,066

41

15,700

0

0

22

0

0

8

0

105

19

2,141

53

0

61

4,481

395

4,062

112

463

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-4,500

0

6,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-55

5,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90

11

-10

-12

-22

Net cash used in investing activities

-165

899

137

311

-348

-738

-85

-

2,470

-43

-43

-1,629

1,167

-700

2,326

-

-

-

-

-

-

-

-295

-775

-1,988

-1,915

-551

-1,961

-1,461

-562

1,196

-2,280

-405

-835

2,947

-2,637

3,143

-1,396

-893

Cash flows from financing activities:
Principal payments on finance lease obligations

143

166

162

158

146

138

135

131

-

425

425

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10,857

428

429

286

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from related party note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,000

0

0

1,500

4,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net change in debt under New Revolving Credit Agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in debt under revolving credit agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,272

449

12,870

-10,487

800

-1,051

-8,000

2,000

0

-1,000

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance and modification costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

379

1,868

966

929

440

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease payments

-

-

-

-

-

-

-

-

-

-

-

59

57

55

37

53

52

51

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in debt under revolving credit agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,974

2,500

-1,500

-

-

-

-

-

-

-

-

Net change in debt under revolving credit agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,000

-5,000

1,000

0

0

11,000

-1,000

Common stock repurchases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69

121

120

116

27

9

0

0

85

529

35

11

0

0

0

0

Indirect repurchase of shares of minimum statutory tax withholdings

7

18

5

84

49

0

0

-

107

0

0

0

15

106

2

142

49

0

0

0

0

0

77

9

1

386

33

92

11

103

451

239

49

5

457

-

-

-

-

Cash dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

410

410

411

406

408

408

408

400

0

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

48

16

Net cash used in financing activities

-150

-184

-167

-242

-195

-138

-135

-

-238

-425

-425

-59

-72

-161

-39

-

-

-

641

-

-

-

2,022

-8,489

1,467

-908

-1,557

10,447

-7,402

1,997

-1,951

9,870

-6,981

4,563

-1,468

-2,500

-9,525

-3,054

1,016

Effect of exchange rate changes on cash balances

-288

-

-

-

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

111

-1,958

2,591

-1,227

-5,015

2,081

1,432

-

161

-1,114

-1,114

-2,601

-1,493

-5,979

1,447

-5,830

19,281

-487

957

-424

194

-1,836

-3,588

-12,258

841

-645

391

9,061

-8,778

-97

-176

1,583

-1,468

-623

999

2,646

1,367

-3,268

836

Supplemental disclosure of cash flow information:
Right-of-use assets obtained in exchange for finance lease obligations

-

-

-

-

-

-

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-