Tessco technologies inc (TESS)
CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Jun'18Apr'18Mar'18Dec'17Dec'17Sep'17Jun'17Mar'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'11Dec'10Sep'10Jun'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income

-7,000

725

1,894

5,545

6,222

5,087

0

5,670

-

5,195

-

3,169

2,827

2,047

-

1,445

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,098

5,892

6,658

8,634

11,821

14,560

15,628

16,249

16,213

17,191

17,879

17,793

18,423

17,797

16,069

16,436

14,529

12,717

12,522

10,018

0

0

0

Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization

3,782

3,855

3,642

3,618

3,668

3,799

0

3,940

-

3,992

-

3,908

3,994

4,051

-

4,238

4,522

4,667

4,775

4,730

4,658

4,569

4,547

4,583

4,642

4,743

4,819

4,865

4,975

4,958

4,944

4,979

4,990

5,009

4,919

4,844

4,778

4,677

4,604

4,445

0

0

0

Non-cash stock-based compensation expense

1,208

1,269

1,262

1,244

1,236

1,205

0

1,075

-

1,002

-

888

743

566

-

434

509

521

713

729

724

883

843

1,161

1,439

1,667

1,956

2,087

2,295

2,531

2,778

2,536

2,516

2,508

2,444

2,928

3,567

2,433

2,538

2,274

0

0

0

Deferred income taxes and other

-

-

2,441

-

-

-

0

-2,813

-

-2,866

-

-298

-199

-390

-

-788

9

-130

-113

-47

1,228

1,276

1,313

1,347

-1,314

-1,265

-990

-1,042

-1,526

-820

-887

-843

3,058

2,600

2,553

2,984

-348

-430

-361

-1,073

0

0

0

Change in trade accounts receivable

-7,829

-6,270

-11,561

6,103

5,353

4,986

0

13,082

-

23,158

-

14,039

22,314

18,416

-

6,388

3,770

4,430

-2,159

-1,256

3,334

-14,500

-17,202

-7,923

271

5,605

-165

-14,681

-35,475

-18,684

-16,226

-6,570

-24,535

22,548

13,694

23,039

44,365

33,599

28,353

5,033

0

0

0

Change in product inventory

-3,871

-5,525

15,040

-477

8,144

16,440

0

14,261

-

8,338

-

3,370

977

13,810

-

10,080

-2,801

-2,847

-19,724

-18,459

816

-6,738

5,003

10,407

2,742

15,616

6,553

1,042

-2,673

-10,068

8,847

7,553

-4,643

19,624

6,157

7,650

19,841

24,260

14,364

718

0

0

0

Change in prepaid expenses and other current assets

914

4,163

1,970

1,073

1,421

488

0

899

-

625

-

-447

-1,165

-1,268

-

-2,053

-539

-1,273

-2,424

-4,951

-4,821

3,390

3,642

8,532

7,932

865

1,443

-1,145

-542

-1,536

-639

1,174

1,077

2,026

2,210

639

-1,009

2,139

1,516

71

0

0

0

Change in trade accounts payable

-6,947

-14,917

7,340

5,073

5,182

18,491

0

19,372

-

13,459

-

3,767

-673

13,668

-

11,595

9,458

13,394

-10,607

-9,818

-1,923

-17,077

-11,804

1,047

7,006

14,711

12,486

-14,452

-44,333

-49,617

-39,000

-13,135

-45,476

32,678

23,465

15,431

51,751

-14,271

839

3,549

0

0

0

Change in payroll, benefits and taxes

-1,609

-2,151

-1,258

-2,361

853

-808

0

1,584

-

1,519

-

1,454

1,741

1,028

-

1,844

-27

-1,070

-1,302

-604

298

837

156

-2,138

-3,370

-2,066

-231

-4,008

-816

-1,072

416

-5,533

-4,782

-1,167

-3,470

9,869

5,857

3,540

3,104

-1,631

0

0

0

Change in income and sales tax liabilities

-1,028

-877

-2,458

-1,590

-1,088

-616

0

1,237

-

974

-

573

622

269

-

-107

-374

-1,099

-423

-375

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in income and sales tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-198

-115

-768

606

3

1,043

597

-531

926

-1,837

445

-11

0

0

0

Change in accrued expenses and other current liabilities

707

973

551

1,812

2,399

1,475

0

1,371

-

-402

-

-1,504

-1,301

-1,617

-

-1,309

-925

-1,161

-2,602

-4,480

-4,263

4,395

6,034

8,109

8,146

338

427

264

483

448

339

320

163

245

229

48

-104

-118

112

269

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,857

18,600

15,653

11,079

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

1,993

-2,536

7,967

8,246

1,340

4,301

0

3,193

-

-9,247

-

-4,889

-14,255

-11,220

-

3,051

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

5,978

15,811

22,383

21,745

16,918

21,291

9,481

12,038

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of property and equipment

1,305

2,707

2,891

2,855

3,715

2,249

0

1,877

-

1,646

-

-607

632

709

-

730

101

-824

-155

547

3,377

3,365

3,366

2,950

3,854

3,778

4,333

4,745

3,941

5,123

5,803

5,357

5,790

6,605

6,580

6,513

5,528

4,535

4,027

4,842

0

0

0

Purchases of internal use software

6,404

3,474

2,706

2,309

1,980

2,142

0

2,256

-

1,892

-

0

0

0

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-7,710

-6,182

-5,597

-5,164

-5,696

-4,392

0

-4,133

-

-3,539

-

-2,779

-2,835

-2,815

-

-2,563

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-5,787

-6,605

-6,580

-6,513

-5,528

-4,535

-6,879

-7,694

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings from revolving line of credit

12,451

15,538

4,344

3,542

10,968

6,462

0

7,432

-

10,835

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from note receivable

-

-

-

-

-

-

-

-

-

75

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,377

-3,365

-3,363

-2,947

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

218

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on debt

9

16

22

27

27

27

0

26

-

26

-

26

26

26

-

1,901

1,957

2,013

2,069

250

250

250

250

250

250

247

249

249

249

251

249

249

249

286

322

361

395

358

357

389

0

0

0

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

403

0

0

0

Cash dividends paid

6,808

6,790

6,772

6,754

6,740

6,725

0

6,713

-

6,701

-

6,689

6,679

6,667

-

6,656

6,644

6,633

6,624

6,615

6,598

6,602

6,616

6,628

6,638

6,460

6,274

6,086

5,890

11,899

11,864

11,830

11,546

5,223

4,942

4,273

3,862

3,451

3,041

3,020

0

0

0

Purchases of treasury stock and repurchases of stock from employees and directors for minimum tax withholdings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock and repurchases of stock from employees and directors for minimum tax withholdings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

381

168

167

167

830

1,086

1,086

987

818

954

1,090

1,189

2,325

2,299

2,162

2,231

494

471

471

403

751

0

0

0

Purchases of treasury stock and repurchases of stock from employees

201

189

189

111

111

111

0

111

-

65

-

70

69

69

-

192

298

298

298

937

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,541

-11,925

-12,148

-12,076

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

5,715

8,826

-2,361

-3,071

4,314

-155

0

789

-

4,265

-

-643

6,582

1,622

-

-8,831

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-12,047

-5,668

-5,428

-5,198

-4,237

-3,789

-3,420

-3,824

0

0

0

Net decrease in cash and cash equivalents

-0

108

8

10

-40

-245

0

-149

-8,520

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,342

-

880

4,788

6,194

9,358

-2,061

3,309

141

-3,943

1,254

-573

5,858

6,999

5,686

-13,755

-13,890

-13,743

-11,856

3,537

10,375

10,033

7,153

12,966

-818

519

0

0

0