SYPRIS SOLUTIONS INC SYPR Cash Flow

Sypris solutions inc (SYPR)

CashFlow / TTM

Apr'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Jun'18	Apr'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
Cash flows from operating activities:
Net loss
-1,218	-3,949	-3,278	-4,057	-4,746	-3,505	-4,551	-	-5,348	0	-9,309	-10,822	-14,236	9,890	7,834	6,043	5,198	-16,069	-19,282	-27,216	-23,770	-24,655	-15,869	-1,184	924	88	-1,776	-9,887	-10,888	-14,632	-8,700	3,047	5,310	17,131	11,143	7,907	0	0	0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,220	-7,208	-877	-301	-528	0	0	0
(Loss) income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,267	12,518	18,008	11,444	8,435	0	0	0
Depreciation and amortization
2,600	2,671	2,766	2,745	2,667	2,648	2,943	-	3,222	0	3,540	3,884	4,131	4,582	5,351	6,288	7,099	7,763	8,808	9,035	9,444	9,963	9,875	10,409	11,033	11,629	12,042	12,401	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,652	14,216	0	0	0
Stock-based compensation expense
452	469	533	572	605	637	660	-	683	0	698	730	908	1,064	1,184	1,372	1,152	1,044	999	842	1,079	1,184	1,398	1,597	1,472	1,601	1,706	1,689	1,947	1,903	1,775	1,826	1,556	1,355	1,186	979	0	0	0
Deferred revenue recognized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000	7,973	7,946	7,919	7,892	4,198	504	-3,190	-6,884	0	0	0
Deferred loan costs recognized
11	11	14	14	15	14	0	0	-	0	0	-	-	-	-	-	-	-	-	2,333	1,949	669	136	78	78	78	78	78	0	0	0	-	-	-	95	172	0	0	0
Deferred loan costs recognized
-	-	-	-	-	-	-	-	-	-	-	-	-496	-1,856	-2,071	-2,261	-1,810	-435	1,825	4,200	6,364	8,528	8,663	8,657	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on the sale of assets
808	654	459	453	-530	-249	-237	-	-94	0	533	2,668	2,660	33,772	33,672	33,626	33,687	9,871	9,850	7,480	0	0	0	-	-	-	-	1,516	1,610	1,647	1,643	2,590	2,959	6,570	6,675	4,523	0	0	0
Provision for excess and obsolete inventory
619	616	1,148	834	632	520	-154	-	-24	0	6	116	893	903	890	880	-104	30	1,012	1,069	1,558	1,830	1,129	1,150	1,127	770	1,074	1,251	1,320	1,244	799	928	1,010	804	941	945	0	0	0
Non-cash lease expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other noncash items
-207	69	-29	-539	-124	-278	527	-	608	0	471	32	640	339	1,070	1,440	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,269	2,545	0	0	0
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,900	6,900	6,900	6,900	0	0	0	0	-	-	-	-
Other noncash items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,661	-1,289	-993	-119	174	-134	565	0	0	0	-	-	-	-	-	-	-	-
Contributions to pension plans
406	382	348	111	76	77	77	-	11	0	11	0	0	0	0	-	-	-	-	315	498	930	968	1,090	1,093	887	851	663	763	1,369	1,163	1,598	1,312	847	1,167	753	0	0	0
Changes in operating assets and liabilities:
Accounts receivable
-189	-2,425	-2,750	-947	-821	612	1,031	-	1,311	0	1,053	1,419	2,115	-1,006	-4,097	-4,072	-4,951	466	-6,331	-24,700	-37,334	-42,569	-28,165	9,091	15,129	11,987	5,628	19	2,737	-10,307	-7,682	-4,307	-10,236	9,482	9,629	1,509	0	0	0
Inventory
-509	2,823	3,158	3,469	5,421	2,857	-2,325	-	-5,278	0	-1,901	3,204	7,885	10,766	6,206	1,809	-1,641	-3,538	-5,849	-5,432	-8,385	-6,708	-5,476	-4,276	-993	-2,381	1,156	1,708	2,812	-81	-1,659	1,191	991	1,343	4,435	4,302	0	0	0
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	556	0	0	0	-	-	-	-	-	-	-	-
Other current assets
0	-	0	0	0	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	0	-	-	-	0
Accounts payable
-1,405	-4,066	-4,373	-2,835	714	2,948	1,881	-	-1,659	0	-1,191	3,491	2,840	4,277	2,167	-4,610	-3,170	269	-7,390	-13,388	-32,619	-35,182	-22,546	2,425	13,810	8,185	1,085	705	202	-9,869	-9,841	-15,193	-11,553	7,759	12,636	11,747	0	0	0
Accrued and other liabilities
-1,831	-1,019	4,503	6,803	6,679	7,486	1,620	-	-1,295	0	-2,094	121	2,148	85	490	-175	-521	1,913	2,583	-730	-1,279	-711	-148	3,237	5,098	3,490	3,584	-247	-5,145	-7,351	-13,396	-6,106	-3,239	30	7,285	100	0	0	0
Net cash provided by (used in) operating activities
-579	-5,820	-190	-1,159	-1,989	1,892	-1,978	-	-6,218	0	-9,265	-9,459	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,401	-12,842	-13,447	-14,709	-12,613	-4,769	3,045	6,614	5,337	1,627	-293	-6,875	-1,042	-3,861	-4,920	0	0	0	-	-	-	-
Cash flows from investing activities:
Capital expenditures, net
964	859	1,283	1,516	1,993	2,051	1,501	-	1,846	0	1,867	1,637	1,816	2,645	1,899	1,763	2,074	1,057	1,570	1,825	1,952	3,668	4,995	5,259	6,423	6,001	4,667	5,053	6,068	6,178	6,583	7,082	7,127	6,380	6,914	6,848	0	0	0
Proceeds from sale of assets
2,146	1,858	645	656	1,017	1,380	1,439	-	1,536	0	662	2,801	3,917	43,118	43,017	51,581	50,455	26,827	26,807	15,741	15,722	22	22	30	8	113	132	2,265	2,318	2,213	2,255	4,595	4,937	8,999	9,050	5,032	0	0	0
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,500	1,500	6,000	6,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	79	-33	0	0	0
Net cash used in investing activities
1,182	999	-638	-860	1,299	1,604	713	-	1,965	0	-1,205	1,164	0	0	0	-	-	-	-	-	-	-	-4,973	-5,229	-6,415	-5,888	-4,535	-2,788	-3,107	-2,051	-2,324	-573	-930	2,618	2,057	-1,783	0	0	0
Cash flows from financing activities:
Principal payments on finance lease obligations
629	632	604	577	550	829	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,714	12,000	1,143	715	286	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from related party note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	1,000	1,000	2,500	5,500	5,500	5,500	4,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net change in debt under New Revolving Credit Agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in debt under revolving credit agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,104	3,632	2,132	-18,738	-6,251	-7,051	-7,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance and modification costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	379	2,247	3,213	4,142	4,203	2,335	1,369	440	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease payments
-	-	-	-	-	-	-	-	-	-	-	208	202	197	193	156	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in debt under revolving credit agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Net change in debt under revolving credit agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	-4,000	12,000	10,000	0	0	0
Common stock repurchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	426	384	272	152	36	94	614	649	660	575	46	11	0	0	0	0
Indirect repurchase of shares of minimum statutory tax withholdings
114	156	138	133	156	107	107	-	122	0	121	123	265	299	193	191	49	0	0	77	86	87	473	429	512	522	239	657	804	842	744	750	0	0	0	-	-	-	-
Cash dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	410	820	1,231	1,637	1,635	1,633	1,630	1,624	1,216	0	0	0	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64	0	0	0
Net cash used in financing activities
-743	-788	-742	-710	-706	-936	-857	-	-794	0	-717	-331	0	0	0	-	-	-	0	-	-	-	-5,908	-9,487	9,449	580	3,485	3,091	2,514	2,935	5,501	5,984	-6,386	-8,930	-16,547	-14,063	0	0	0
Effect of exchange rate changes on cash balances
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-483	-5,609	-1,570	-2,729	-1,341	2,560	-2,122	-	-5,047	0	-11,187	-8,626	-11,855	8,919	14,411	13,921	19,327	240	-1,109	-5,654	-17,488	-16,841	-15,650	-11,671	9,648	29	577	10	-7,468	-158	-684	491	1,554	4,389	1,744	1,581	0	0	0
Supplemental disclosure of cash flow information:
Right-of-use assets obtained in exchange for finance lease obligations
-	-	-	-	-	-	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-