SYSTEMAX INC SYX Cash Flow

Systemax inc (SYX)

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
Cash flows from operating activities:
Net income from continuing operations
8,300	11,400	13,700	14,900	10,000	12,300	15,100	13,400	8,700	32,600	3,300	19,300	10,300	-1,500	1,600	2,300	1,500	12,800	1,700	-16,700	-21,800	-20,000	-2,800	-6,200	-3,000	-19,000	-11,600	-6,100	-6,300	-27,000	14,000	-2,300	7,300	14,608	10,777	15,649	13,566
Adjustments to reconcile income from continuing operations to net cash provided by (used in) operating activities:
Depreciation and amortization
1,100	1,100	1,000	1,000	1,000	1,200	1,100	1,100	1,100	1,100	900	1,200	1,400	700	1,300	1,200	1,300	-900	2,100	1,700	3,000	-100	3,800	3,600	4,200	-1,400	5,600	4,600	4,300	4,100	4,900	4,600	4,400	4,469	4,393	4,393	4,245
Other non-cash (benefit) and asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-200	600	600	10,100	0	100	0	-	-	-	-	-	-	-	-	-	-	-	-
Provision (benefit) for deferred income taxes
-	-	-	-	-	7,800	400	0	200	-22,400	200	300	0	-	-	-	-	3,800	-100	100	500	1,200	-100	0	-400	25,900	-100	1,800	-500	-20,700	-15,400	-200	-300	341	68	-314	105
Provision for doubtful accounts
200	600	100	300	0	500	200	200	-200	0	200	700	100	100	1,300	800	900	1,700	2,200	1,900	900	3,300	1,600	1,400	2,600	1,500	1,200	600	700	1,300	1,600	1,300	800	1,114	446	1,013	627
Stock-based compensation
1,000	1,400	1,200	1,300	1,500	400	-300	400	400	500	300	400	400	400	300	600	300	-200	200	500	400	200	300	500	500	500	500	500	1,400	700	1,300	1,200	900	537	310	520	533
Excess tax benefit from exercises of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	100	0	0	100	400	-22	35	14	173
Gain on disposition and abandonment
0	0	0	0	-100	0	0	0	0	-	-	-	-	3,800	400	0	100	-100	200	0	0	-	-	-	-	0	0	0	-100	-300	0	0	0	-28	-1	-44	-27
Changes in operating assets and liabilities:
Accounts receivable
7,300	-7,400	200	4,700	8,100	-3,900	5,400	3,700	6,700	-6,400	6,700	4,400	2,000	-11,900	-2,200	2,200	-26,600	800	-10,200	-6,600	-23,000	35,900	3,600	-27,600	42,100	32,400	700	-16,000	6,300	23,100	-10,200	4,600	7,900	19,798	584	-17,888	-2,094
Inventories
-4,600	10,100	900	-4,500	-1,500	16,200	1,700	3,400	-1,900	2,600	-500	2,600	300	9,600	-6,700	-2,000	-17,200	-60,800	-31,600	-25,300	-22,100	2,200	-30,500	-100	4,500	36,600	-9,700	-33,500	-39,500	57,200	-45,000	-30,100	12,900	33,617	-14,193	-15,846	522
Prepaid expenses and other assets
1,700	-2,600	1,800	200	1,000	-700	900	300	1,900	-1,500	200	-400	800	-1,500	-100	-800	-3,100	400	1,100	0	-3,000	-3,400	6,000	-1,400	-200	-4,600	400	3,600	2,000	-11,400	3,200	2,700	2,500	-1,788	7,724	2,289	-3,725
Income taxes payable
2,900	-3,500	1,300	2,700	3,200	-9,900	-1,000	3,000	2,500	-300	-800	-500	1,600	100	300	-1,200	1,200	1,500	-400	-400	100	13,000	-4,100	-2,200	7,700	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
2,300	-4,100	3,300	5,600	9,800	-3,900	-5,900	800	2,400	-3,500	21,100	300	-13,200	7,200	-10,800	400	-84,800	25,000	-33,000	-17,200	-17,900	59,700	-38,500	-33,600	22,500	69,200	24,900	-42,900	-39,000	-	-	-	-	-	-	-	-
Accrued expenses, other current liabilities and other liabilities
2,300	-3,300	-1,800	1,100	5,800	-4,100	-4,400	-100	-1,800	-7,300	-3,200	7,800	2,100	-7,600	300	-1,500	-3,800	-4,900	-6,500	21,000	-13,600	5,500	600	8,000	-7,600	-800	7,400	4,100	-1,600	42,400	-67,200	13,700	25,600	-1,681	11,764	-42,385	-14,498
Net cash provided by operating activities from continuing operations
13,700	5,400	14,800	26,300	23,800	-5,400	-2,800	11,400	6,600	6,100	15,600	22,800	-400	700	2,900	2,800	-36,600	98,500	6,500	23,400	300	38,300	-18,300	700	-19,900	-	-	-	-	28,200	-8,800	41,000	15,000	-	-	-	-
Net cash (used in) provided by operating activities from discontinued operations
-100	-1,900	-100	-200	300	3,000	-33,400	-11,500	9,800	6,100	2,100	-5,200	-1,500	0	-13,600	800	-14,400	-13,900	-11,400	-10,900	-6,000	-	-	-	-	-	-	-	-	0	-200	0	-200	-	-	-	-
Net cash provided by operating activities
13,600	3,500	14,700	26,100	24,100	-2,400	-36,200	-100	16,400	12,200	17,700	17,600	-1,900	700	-10,700	3,600	-51,000	84,600	-4,900	12,500	-5,700	-	-	-	-	10,800	36,500	9,300	-9,800	28,200	-9,000	41,000	14,800	-27,529	33,578	2,422	9,729
Cash flows from investing activities:
Purchases of property, plant and equipment
300	700	3,800	1,400	1,000	1,600	1,800	700	400	1,100	-400	800	1,000	100	800	500	800	3,100	1,500	1,600	3,800	1,600	1,300	2,500	1,700	3,500	2,800	4,400	3,000	800	4,400	4,900	2,000	3,155	2,481	2,949	3,715
Proceeds from disposals of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-100	500	0	100	100	400	900	0	-	-	-	-	-	-	-	-	-	-	-	-	-25	14	1	10
Acquisition of Plant Equipment Group
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-100	24,900	0	0	6,400	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities from continuing operations
-	-	-	-	-	-1,600	-1,800	-700	-400	-1,100	400	-700	-1,000	-200	-300	-500	-700	-	-	-	-	-	-1,200	-7,900	-1,700	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities from discontinued operations
-	-	-	-	-	0	249,900	-200	-100	-100	-200	0	-100	-200	-200	-200	-400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-300	-700	-3,800	-1,400	-1,000	-1,600	248,100	-900	-500	-1,200	200	-700	-1,100	-400	-500	-700	-1,100	-4,300	-1,100	-600	-28,700	-	-	-	-	-3,500	-2,800	-4,100	-3,000	-700	-4,500	-4,800	-2,000	-3,180	-2,467	-2,948	-3,705
Cash flows from financing activities:
Borrowings on credit facility and short term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	-2,655	-11,950	25,466
Repayments of borrowings on credit facility and short term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	0	0	10,861
Repayments of capital lease obligations
-	-	-	-	-	-	-	-	-	0	0	0	100	0	100	100	100	600	900	700	500	700	600	700	600	700	700	700	700	800	700	700	600	504	788	554	654
Dividends paid
43,300	4,500	4,600	4,500	248,000	4,100	4,100	41,300	59,800	3,800	3,700	3,700	1,800	1,800	1,900	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
300	1,300	200	600	0	1,200	3,300	100	800	800	1,100	500	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	100	0	0	100	200	95	17	13	175
Payment of payroll taxes on stock-based compensation through shares withheld
300	0	100	0	800	500	100	400	900	500	0	300	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the issuance of common stock from employee stock purchase plan
400	0	400	0	400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of treasury shares
3,400	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-600	-400	-600	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from exercises of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	100	0	0	100	400	-22	35	14	173
Net cash used in financing activities
-46,300	-3,200	-4,100	-3,900	-248,400	-3,500	-10,000	-41,600	-59,900	-3,500	-2,600	-3,500	-1,900	-1,900	-2,000	-100	-100	-700	-1,100	-700	-500	-	-	-	-	-700	-700	-700	-500	-9,900	-700	-500	0	438	-3,455	-11,982	14,299
Effects of exchange rates on cash
-100	0	0	0	-100	100	4,000	-1,500	500	1,000	900	1,900	-300	-1,100	400	-800	300	-600	-800	-100	2,800	-3,600	400	1,200	500	1,500	1,700	-600	-2,700	-400	1,900	-900	900	1,129	-1,029	16	-116
Net decrease in cash
-33,100	-400	6,800	20,800	-225,400	-7,400	205,900	-44,100	-43,500	8,500	16,200	15,300	-5,200	-2,700	-12,800	2,000	-51,900	79,000	-7,900	11,100	-32,100	31,400	-19,700	-6,400	-21,700	8,100	34,700	3,900	-16,000	17,200	-12,300	34,800	13,700	-29,142	26,627	-12,492	20,207
Supplemental disclosures of non-cash operating and investing activities:
Acquisitions of equipment through capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,500	0	-1,100	-100	-1,772	0	-624	-4