Tootsie roll industries inc (TR)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'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 earnings

11,976

14,538

29,846

11,544

8,911

12,155

26,079

10,470

8,101

31,906

26,887

11,850

10,011

17,792

28,597

11,074

9,856

19,663

26,141

11,220

9,103

17,937

26,609

8,957

9,357

17,368

26,043

8,369

9,069

12,796

22,923

7,511

8,774

10,267

18,855

6,486

8,330

8,928

26,484

8,447

9,204

Adjustments to reconcile net earnings to net cash used in operating activities:
Depreciation

4,647

4,667

4,778

4,668

4,666

4,736

4,779

4,576

4,578

4,627

5,026

4,624

4,714

4,976

4,582

4,917

5,152

5,276

4,934

5,128

5,050

5,190

5,379

5,065

5,124

5,187

5,080

4,882

4,901

4,933

5,148

4,891

4,953

4,764

5,210

4,650

4,605

4,477

4,618

4,538

4,646

Deferred income taxes

-1,013

2,553

-114

244

149

2,506

29

-57

-415

-2,490

132

251

-230

176

-652

4

671

85

103

-65

132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss on step acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

529

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-234

-256

-195

-282

-56

-374

-467

-122

-218

-109

106

27

-

-

-

-

Amortization of marketable security premiums

-217

-306

-282

-341

-353

-404

-463

-432

-456

-546

-624

-623

-593

-609

-718

-755

-748

-756

-818

-740

-791

-763

-809

-860

-829

-761

-806

-836

-632

-452

-553

-395

-370

-374

-380

-344

-169

-155

-135

-343

111

Changes in operating assets and liabilities:
Accounts receivable

-8,205

-43,602

51,554

-7,111

-5,927

-43,436

55,919

-4,180

-5,858

-47,258

63,805

-7,752

-4,783

-38,236

53,115

-11,121

-10,627

-46,743

70,784

-13,662

-1,450

-58,427

76,954

-19,608

3,088

-62,095

77,972

-12,563

-4,644

-69,385

85,067

-10,999

-4,955

-54,553

70,766

-8,958

-1,807

-63,606

76,878

-8,923

-5,066

Other receivables

197

-389

460

-25

267

-2,869

-659

-1,421

2,729

-1,119

-257

3,225

1,297

2,149

-745

-1,768

-109

-2,085

901

-339

404

1,715

706

-3,147

-563

2,062

-2,909

195

399

-788

2,770

1,502

-764

-1,271

-1,982

1,051

-1,761

3,400

-4,639

-3,074

6,686

Inventories

13,676

-11,484

-21,825

26,592

11,100

-8,636

-28,485

23,973

12,845

-11,576

-26,442

26,534

9,926

-7,009

-28,813

24,933

6,706

-15,334

-24,146

21,103

10,847

-8,365

-24,076

23,107

16,663

-7,644

-30,047

22,818

14,370

-2,892

-30,810

23,939

175

-10,745

-21,964

33,984

14,356

-16,886

-30,850

25,295

23,888

Prepaid expenses and other assets

-172

-978

-1,855

-546

-983

-1,221

-1,482

-2,734

-4,052

25,365

-1,175

-380

-1,758

679

-1,855

-470

-1,353

-229

-6,821

-3,655

-888

-6,180

-2,281

-529

-534

13,271

-751

-1,143

-26,299

-4,286

-1,603

-4,903

-503

-535

-4,487

1,639

-1,723

-580

-2,155

-343

-1,858

Accounts payable and accrued liabilities

1,422

-9,555

10,802

2,603

-2,770

-9,284

10,924

509

-501

-8,806

6,429

4,204

-2,384

-8,967

7,048

4,264

-4,406

-7,297

7,830

4,274

-968

-10,421

8,805

-1,196

1,544

-9,883

6,984

1,850

1,467

-13,707

10,439

6,088

-2,621

-11,525

10,614

540

455

-13,209

9,067

-1,362

7,684

Income taxes payable

2,983

-5,527

7,113

-180

2,930

-7,868

16,635

-3,575

2,761

-20,605

8,627

-3,467

3,546

-5,800

6,105

-3,483

-2,619

-8,310

9,657

-3,371

1,909

-5,060

6,101

-4,906

3,787

-11,614

10,283

-4,158

-1,001

-5,903

8,820

-3,272

1,724

-5,627

3,563

-1,711

-1,997

-2,739

5,706

-2,522

1,877

Postretirement health care benefits

-276

-595

-281

-452

-150

-1,764

-134

-353

-233

-515

-254

-435

12

-314

-287

-303

-312

-306

-207

-198

-192

-598

-270

-112

-309

286

1,213

630

732

575

737

713

804

455

547

490

530

266

348

415

400

Deferred compensation and other liabilities

121

828

1,063

607

924

1,776

1,103

364

584

-17,069

-1,499

494

282

629

975

1,014

507

-13,445

-751

1,151

109

856

845

1,323

441

791

1,181

987

633

615

1,168

724

511

699

619

372

456

1,137

838

527

23

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

622

-542

-

-503

491

-703

-81

1,174

-117

-268

-104

-86

476

-596

Net cash provided by operating activities

14,581

64,045

25,155

465

10,556

59,949

34,585

-3,272

9,667

24,553

10,041

-3,483

11,862

51,518

25,384

6,668

14,980

60,813

7,807

15,432

7,021

78,978

-3,025

10,168

2,648

65,069

7,661

3,662

33,431

77,303

-4,759

7,487

21,387

66,810

-3,610

-16,534

3,724

76,761

8,281

-3,128

891

CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash acquired in step acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

161

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-1

-922

8

-60

-175

-55

24

-14

-179

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

3,737

6,107

4,206

5,262

4,683

10,800

5,150

3,940

7,722

4,974

4,272

2,582

4,845

3,023

2,678

2,013

8,376

3,113

5,616

4,387

2,418

3,389

1,420

3,757

2,138

5,159

4,633

3,719

2,241

1,878

1,635

2,123

3,250

3,674

6,610

2,685

3,382

3,424

2,608

3,381

3,400

Purchases of trading securities

2,287

592

194

281

2,360

571

245

304

3,258

1,702

380

423

2,584

1,505

290

289

2,485

762

355

405

2,573

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales of trading securities

380

433

0

0

362

438

0

578

239

18,852

3,109

0

435

788

32

0

613

14,369

1,659

115

501

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of available for sale securities

21,312

17,731

16,441

12,639

20,919

13,279

15,356

15,681

34,061

37,429

11,313

13,395

27,227

36,537

10,472

11,478

23,348

16,125

28,622

8,097

9,107

17,466

10,085

2,297

25,034

2,332

0

16,657

47,335

5,514

13,431

17,266

2,805

530

1,580

19,424

17,718

4,018

2,244

2,692

347

Net sales (purchases) of trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

435

2,707

-80

-

343

324

1,945

505

322

218

1,949

267

243

180

2,544

203

330

195

2,174

Sale and maturity of available for sale securities

35,217

24,031

39,460

6,741

5,379

19,223

18,322

15,387

11,670

58,082

10,343

9,226

1,759

22,660

13,740

7,906

4,871

14,874

26,859

6,909

6,622

11,934

14,809

7,156

4,410

17,177

3,906

4,121

14,409

4,718

2,649

1,748

1,346

3,121

3,284

1,220

55

3,705

2,005

2,393

105

Net cash from (used in) investing activities

8,261

34

18,619

-11,441

-22,221

-4,989

-2,429

-3,960

-33,132

32,829

-2,513

-7,174

-32,462

-17,617

334

-5,877

-28,724

10,165

-6,083

-5,805

-6,800

-9,371

2,845

-1,591

-22,342

6,798

-1,070

-16,579

-37,112

-3,179

-12,739

-17,859

-6,658

-1,350

-5,149

-21,069

-23,589

-3,940

-3,177

-3,875

-5,816

CASH FLOWS FROM FINANCING ACTIVITIES:
Shares purchased and retired

8,809

6,884

8,046

8,667

10,519

2,667

847

3,305

12,498

4,106

9,887

10,155

9,985

2,800

17,127

2,590

6,576

10,006

11,007

7,447

4,544

8,228

6,411

2,517

7,864

11,714

861

5,927

4,641

9,440

7,287

2,829

4,247

7,919

2,202

5,906

2,163

11,160

1,693

9,316

712

Dividends paid in cash

11,703

5,868

5,893

169

11,530

5,770

5,773

153

11,282

5,656

5,683

154

11,128

5,572

5,617

134

10,943

5,506

5,533

123

9,613

4,826

4,848

109

9,458

4,765

4,767

97

4,653

38,447

4,708

91

9,185

4,619

4,631

117

9,040

4,547

4,555

119

8,909

Proceeds from bank loans

928

920

751

970

941

1,227

0

623

641

980

458

400

324

604

394

953

809

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of bank loans

880

960

639

1,050

544

1,043

251

594

661

944

380

395

570

449

575

1,152

612

46

-71

106

52

273

-98

155

73

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-20,464

-12,792

-13,827

-8,916

-21,652

-8,253

-6,871

-3,429

-23,800

-9,726

-15,492

-10,304

-21,359

-8,217

-22,925

-2,923

-17,322

-15,558

-16,469

-7,676

-14,209

-13,327

-11,161

-2,781

-17,395

-16,479

-5,628

-6,024

-9,294

-47,887

-11,995

-2,920

-13,432

-12,538

-6,833

-6,023

-11,203

-15,707

-6,248

-9,435

-9,621

Effect of exchange rate changes on cash

-2,278

284

-420

84

80

-146

711

-893

829

-848

-343

236

1,376

-791

-504

-975

-22

-1

-1,534

-376

-690

-1,314

-608

116

-15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in cash and cash equivalents

100

51,571

29,527

-19,808

-33,237

46,561

25,996

-11,554

-46,436

46,808

-8,307

-20,725

-40,583

24,893

2,289

-3,107

-31,088

55,419

-16,279

1,575

-14,678

54,966

-11,949

5,912

-37,104

55,549

788

-18,941

-12,975

26,738

-29,493

-13,292

1,297

52,922

-15,592

-43,626

-31,068

57,114

-1,144

-16,438

-14,546

Supplemental cash flow information:
Income taxes paid

794

8,676

956

4,246

-20

8,487

-9,472

6,867

-206

6,494

3,562

8,014

784

13,743

7,232

9,038

6,352

13,174

2,345

7,011

2,410

11,764

4,339

9,077

1,419

11,052

177

7,006

5,990

10,661

2,101

6,893

1,657

7,521

1,444

6,639

1,302

8,005

4,111

7,783

687

Interest paid

23

26

30

34

31

31

27

30

24

19

18

17

14

15

10

8

1

2

3

1

11

1

2

1

30

2

2

4

13

4

7

6

14

5

4

4

25

-80

88

7

34

Stock dividend issued

63,402

0

0

0

70,557

0

0

0

60,538

0

0

0

69,739

0

0

0

61,671

0

0

-10

57,230

0

0

0

52,165

0

0

0

48,925

-1

0

0

38,237

0

0

-1

47,054

1

0

0

46,682