Orchids paper products co /de (TIS)
CashFlow / Quarterly
Dec'18Sep'18Jun'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'11Dec'10Sep'10Jun'10Mar'10
Cash Flows From Operating Activities
Net (loss) income

-12,471

-15,982

-6,925

-2,294

8,876

705

-2,047

-860

2,621

2,213

2,568

5,409

3,701

4,742

3,878

1,236

2,446

3,830

546

2,643

3,360

3,723

3,143

3,093

2,173

2,325

2,237

2,522

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,647

1,197

620

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,172

1,360

Depreciation and amortization

5,274

4,709

5,220

4,483

4,569

3,523

3,577

3,550

3,364

3,220

3,554

3,091

3,165

2,979

2,800

2,476

2,463

2,695

2,380

2,211

1,925

1,918

1,883

1,895

1,937

1,960

1,834

1,817

1,799

1,760

1,823

1,750

1,714

1,767

1,106

1,138

Provision for doubtful accounts

117

-110

0

-273

323

0

-20

20

-

-

-

0

-

-

-

-

19

0

0

1

15

0

7

-12

0

0

0

-20

-

-

-

-

-79

15

15

15

Deferred income taxes

-3,340

4,937

-2,906

-2,255

-12,769

-12,440

4,902

4,568

946

4,407

2,238

-21

5,058

-260

-403

-160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,187

-72

-239

-

102

104

68

-

94

217

-202

-

191

558

230

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

Stock compensation expense

44

44

142

46

45

99

168

98

-38

69

386

149

271

87

423

267

270

437

1,007

165

-34

47

264

69

28

27

215

76

-

-

-

-

-

-

-

-

Loss (gain) on disposal of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposal of property, plant and equipment

-

-

-

-

-

-

-

-

-

9

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in cash due to changes in operating assets and liabilities:
Accounts receivable, including amounts due to related party

-2,612

2,257

-2,654

2,841

-3,822

2,508

2,647

2,412

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock option plan expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

168

62

89

90

274

109

Accounts receivable

-

-

-

-

-

-

-

-

-

3,335

-

1,461

-

1,065

3,550

-1,015

-2,171

2,826

2,865

-964

-1,301

-1,015

2,480

1,025

-3,040

769

-67

785

-1,041

736

457

602

-1,392

317

534

-88

Inventories

-1,270

-655

3,126

-634

-321

-52

2,674

-152

-2,035

228

6,436

284

1,455

-1,053

1,909

1,541

-495

-3,911

1,219

1,915

-881

511

419

597

1,176

-202

763

727

90

-734

602

258

108

-97

-835

850

Income taxes receivable

-295

-110

0

-41

-2,886

0

-3,477

-1,873

5,735

-2,628

0

0

-

0

-

-

-

-

-

-

-1,063

258

-24

222

-

-

-

-

285

0

-314

-2,361

-

-

-

-

Prepaid expenses

1,612

-294

950

-374

-265

903

-340

-266

-2,964

2,119

249

385

-490

678

-10

-327

122

473

-61

-112

-266

99

500

-107

-362

500

55

-86

-164

348

-175

-17

-165

-73

380

-101

Non-current income taxes receivable

-

-

0

0

-

-

5,392

4,978

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

551

-822

328

-456

495

-883

180

54

-747

-444

-1,720

674

1,713

-587

79

-233

981

607

2,118

-146

-

-

-

-

-2

46

0

-338

-

-

-

-

-

-

-

-

Accounts payable, including amounts due to related party

-2,053

2,514

-764

-2

-2,748

3,373

1,134

1,629

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

-

791

-

-975

-

-634

-2,032

826

793

3,830

3,142

-59

373

-422

384

-335

-318

498

-55

40

-718

-121

165

-1,056

-438

-154

1,177

616

Accrued liabilities

6,563

1,211

1,133

-908

55

27

812

-239

-485

-4,231

-1,508

4,014

-1,788

1,438

-389

872

-1,646

1,954

-1,368

776

490

284

-753

1,177

-294

56

-1,112

1,567

-648

672

-917

1,239

-1,808

986

-101

74

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

3,850

7,546

8,863

-

8,249

-617

5,551

4,281

12,778

-1,720

4,813

9,078

5,799

1,701

4,218

5,686

3,847

3,206

4,712

5,031

3,837

2,424

4,363

-

-

-

-

Net cash (used in) provided by operating activities

-6,055

-3,053

-5,850

-2,539

5,150

3,233

1,450

3,613

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,416

2,696

Cash Flows From Investing Activities
Purchases of property, plant and equipment

-148

1,315

1,049

1,145

5,084

8,665

17,412

18,027

14,747

28,348

20,192

25,575

27,699

11,223

13,319

10,943

12,423

7,660

3,908

1,778

4,607

2,011

2,827

2,726

2,466

1,167

1,642

1,505

1,643

1,968

1,203

717

3,403

4,685

11,340

7,358

Proceeds from sale of property, plant and equipment

-

-

-

-

-

-

-

-

-

12

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in restricted cash

-

-

-

-

-

-

-

-

-

-3,560

-2,320

-4,790

12,005

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2

2

2

2

2

4

1

3

3,000

-

-

-

-

-

-

-

-

Proceeds from the sale of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

-3

3,999

4,997

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-24,776

-17,863

-20,785

-

-11,223

-13,319

-10,943

-12,423

-7,660

-15,571

-1,780

-4,609

-2,013

-2,829

-2,728

-2,470

-1,168

-1,645

-4,505

-1,643

-1,964

6,293

-717

-

-

-

-

Net cash used in investing activities

2,351

-1,315

-1,049

-1,145

-5,084

-8,614

-17,412

-18,027

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,341

-2,361

Cash Flows From Financing Activities
Proceeds from economic incentive

-

-

-

-

-

-

-

-

0

0

0

1,900

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings under long-term debt

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt

294

667

1,144

1,144

1,143

1,139

1,137

1,139

1,137

1,132

938

675

675

675

675

675

675

675

14,791

288

288

288

288

288

-

-

-

-

-3,871

0

4,857

1,021

-

-

-

-

Net borrowings on revolving credit line

1,043

5,443

16,189

6,174

54

-27,582

30,526

-2,601

-42,180

27,987

12,653

17,987

0

0

-20,785

13,073

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on delayed draw term loan

-

-

-

0

-

-

-

15,388

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on delayed draw term loan

0

1,053

1,579

1,580

1,604

1,591

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on short-term notes

129

518

29

288

351

189

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank overdrafts

-

-

-

-

-

-

-

-

-

0

-

-

-

0

0

-1,706

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from follow-on stock offering

0

0

0

0

0

0

0

-35

0

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from at-the-market stock offering

0

0

0

-19

3,206

0

1,760

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-288

-288

-288

-

-

-

-

-967

-955

-940

-925

Net borrowings (repayments) on revolving credit line

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

640

2,032

-

-

-

-

Dividends paid to stockholders

-

-

-

-

-

-

-

-

3,603

3,604

3,597

3,596

3,593

3,594

3,594

3,066

3,065

3,066

2,825

2,825

2,815

2,810

2,746

2,337

1,910

1,515

1,511

1,507

1,506

749

749

749

-

-

-

-

Proceeds from the exercise of stock options

0

0

0

0

0

0

73

61

0

0

265

49

0

0

188

22

0

0

0

79

363

1,293

850

799

590

95

264

25

205

79

0

19

-

-

-

-

Excess tax benefit of stock options exercised

-

-

-

-

-

-

-

-

0

0

135

36

-

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit of stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

0

0

20

-

484

344

135

-

-

-

-

-

-

-

-

-

-

-

-

Deferred debt issuance costs

-2,773

1,676

2,218

355

-102

5

974

209

24

0

4

101

518

8

819

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

3,393

1,529

12,128

2,788

1,672

4,936

11,418

11,465

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,663

-925

Total increase (decrease) in cash

-311

-2,839

5,229

-896

1,738

-445

-4,544

-2,949

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-262

-590

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

23,251

8,514

15,600

-

-4,278

26,464

7,645

5,672

-7,764

16,204

-3,014

-2,294

-1,321

-1,840

-1,691

-1,237

-1,689

-1,530

-1,770

-1,580

-876

-7,230

-3,783

-

-

-

-

Net increase (decrease) in cash

-

-

-

-

-

-

-

-

-

2,325

-1,803

3,678

-

-7,252

12,528

2,253

-2,470

-2,646

-1,087

19

2,175

2,465

-2,968

-201

1,979

990

31

-1,563

1,808

997

1,487

-137

-

-

-

-

Supplemental Disclosure:
Interest paid

-

-

-

-

-

-

-

-

-

827

758

386

-

194

195

101

149

170

93

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

210

3,237

4,032

3,198

2,778

2,273

1,618

1,181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

93

-

99

103

105

101

104

143

257

258

249

211

215

Income taxes refunded

364

0

0

-41

13,594

0

-3,482

-1,872

-19

6

0

0

2,252

2,936

1,534

0

3,630

460

2,911

300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefits realized from stock options exercised

0

0

0

0

0

0

23

36

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefits realized from stock options exercised

-

-

-

-

-

-

-

-

-

0

-

43

-

0

19

4

0

0

0

16

79

146

143

40

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures invoiced but not yet paid

-510

516

-700

700

-3,370

-2,277

-6,209

13,325

-14,152

0

14,896

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-