Trimas corporation (TRS)
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'11
Cash Flows from Operating Activities:
Net Income

13,120

38,400

19,110

22,020

19,090

16,710

22,670

19,600

24,320

-4,010

13,130

14,850

6,990

-67,360

8,780

10,480

8,300

-60,800

11,710

1,710

13,980

1,470

22,230

26,200

19,380

8,280

29,950

27,800

14,040

-13,090

19,960

17,170

12,250

13,250

18,270

17,090

11,750

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

0

-

-

-

4,540

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-6,780

2,040

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

13,120

-

-

-

14,550

-

-

-

-

-

-

-

-

-

-

-

-

-60,800

11,710

8,490

11,940

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile income to net cash provided by operating activities, net of acquisition impact:
Loss on dispositions of assets

-50

-80

-30

-30

-10

-20

0

-80

10

6,550

-180

1,140

-4,170

-520

-230

-530

-590

-1,740

-290

-200

-100

-3,340

-250

-110

-70

-640

10,360

0

-10

-50

10

20

300

10,350

10

-40

60

Depreciation

6,660

4,920

6,880

7,380

5,690

3,600

5,760

6,540

6,330

2,880

5,840

7,250

5,800

6,680

5,730

6,040

5,940

6,140

5,600

5,750

5,080

6,030

4,970

2,350

8,030

-3,380

7,630

7,510

7,050

6,060

6,300

6,240

6,450

6,780

6,540

6,390

6,230

Amortization of intangible assets

4,850

3,710

4,950

5,340

4,630

3,660

4,860

4,830

4,910

3,620

4,930

5,000

4,990

5,140

5,140

5,090

5,100

5,180

5,210

5,220

5,360

5,160

3,720

1,700

5,480

-2,130

4,190

5,150

5,080

5,360

5,280

4,980

4,200

3,750

3,740

3,540

3,500

Amortization of debt issue costs

290

250

290

280

280

280

280

270

470

270

340

340

350

370

330

330

340

350

340

510

510

510

470

480

480

470

440

430

440

250

640

690

910

680

720

750

760

Deferred income taxes

2,570

-3,520

1,390

2,020

2,210

-3,480

2,950

1,330

5,010

13,410

360

190

1,870

-32,520

130

250

-20

-4,530

-3,970

-530

280

590

-4,010

-290

-2,820

-1,360

290

-1,830

-1,640

-4,850

-3,680

-470

670

-1,740

3,490

1,400

9,530

Non-cash compensation expense

1,940

2,320

1,090

1,720

1,320

2,770

1,780

1,400

1,220

1,690

1,750

1,870

1,470

1,700

1,100

2,170

1,970

1,750

1,720

890

1,980

660

2,260

1,910

2,280

1,690

2,360

2,070

2,680

2,640

3,130

2,100

1,410

930

920

800

860

Tax effect from stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

470

790

-620

290

30

470

-200

80

70

270

760

270

100

270

910

420

180

360

1,770

140

40

2,290

1,510

Increase in receivables

10,610

-17,790

2,140

7,840

4,530

-10,490

-320

4,220

16,160

-16,680

1,210

3,900

7,590

-17,780

6,130

-7,550

11,210

-21,090

6,860

1,620

7,310

-14,820

2,240

-22,590

44,960

-37,180

-5,900

16,180

38,280

-34,950

-2,880

8,370

33,260

-17,660

-12,970

10,340

41,710

Increase in inventories

110

1,590

-3,460

710

420

3,930

4,870

5,040

840

-5,200

3,430

-3,270

420

-9,740

5,690

-800

-330

-10,260

-2,200

7,280

1,930

4,040

4,000

-230

-1,800

7,550

-480

-5,010

3,690

16,570

170

16,230

15,040

3,340

310

10,430

2,760

Increase in prepaid expenses and other assets

110

3,220

4,850

-2,000

860

-1,610

1,790

-3,640

-5,330

7,600

-830

1,790

-8,070

8,230

-130

-2,950

-7,700

-5,750

1,530

-2,790

2,280

-3,930

60

-1,280

-100

-720

4,860

-1,320

3,560

-1,220

-1,140

740

1,000

-1,430

-1,580

660

3,240

Decrease in accounts payable and accrued liabilities

-14,780

13,140

3,150

-21,090

-7,980

4,410

790

7,610

-15,140

13,040

-6,660

1,230

-3,160

-970

4,560

1,950

-23,660

-13,990

-6,990

-570

-7,980

-140

1,220

24,660

-13,910

7,140

-6,600

21,030

-18,710

2,430

-14,600

24,020

-15,550

30,620

-4,590

11,390

-11,550

Other operating activities

-470

3,720

1,460

-1,460

150

1,130

-1,280

-660

800

-2,990

360

450

-570

-110

-370

-1,070

660

500

-570

-870

1,690

1,930

190

-400

-160

-1,000

-1,300

570

440

460

410

1,050

-1,630

-730

3,070

-690

-1,200

Net cash provided by operating activities of continuing operations

3,400

-

-

-

15,050

-

-

-

-

-

-

-

-

-

-

-

-

47,830

8,260

16,620

3,860

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for operating activities of discontinued operations

0

-

-

-

-6,970

-

-

-

-

-

-

-

-

-

-

-

-

0

0

13,100

-27,130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities, net of acquisition impact

3,400

11,500

34,820

21,200

8,080

46,230

31,470

35,380

16,240

47,410

23,060

27,620

21,970

34,060

13,470

36,280

-3,340

47,830

8,260

29,720

-23,270

58,500

41,910

47,660

-24,670

46,330

27,740

51,470

-37,930

57,820

20,280

34,520

-39,400

60,260

40,210

22,340

-27,000

Cash Flows from Investing Activities:
Capital expenditures

3,930

6,300

11,060

6,080

6,230

7,530

4,570

8,150

3,170

9,590

7,210

6,170

10,740

8,940

9,430

6,980

5,980

8,300

7,470

7,200

5,690

4,680

5,380

3,910

9,030

-10,920

9,230

11,970

13,950

9,680

9,800

15,270

11,370

9,100

9,500

7,210

6,810

Payments to Acquire Businesses, Net of Cash Acquired

84,270

0

60

44,760

22,270

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,790

9,390

18,380

28,230

5,280

22,780

2,630

59,190

2,770

28,620

0

0

Net proceeds from disposition of business, property and equipment

1,880

128,050

0

30

0

-190

0

0

250

2,620

20

1,750

30

100

0

0

120

20

990

170

520

150

10

-200

240

-160

10,020

180

520

50

180

2,450

320

36,540

580

1,160

500

Net cash used for investing activities of continuing operations

-86,320

-

-

-

-28,500

-

-

-

-

-

-

-

-

-

-

-

-

-18,280

-6,480

-7,030

-5,170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for investing activities of discontinued operations

0

-

-

-

-410

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-310

-2,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for investing activities

-86,320

119,510

-11,120

-50,400

-28,910

-9,160

-4,570

-8,150

-2,920

-10,030

-7,190

-4,420

-10,710

-8,840

-9,430

-6,980

-5,860

-18,280

-6,480

-7,340

-7,370

-361,800

-28,040

-11,460

-8,790

-49,910

-8,600

-30,170

-41,660

-

-

-15,450

-70,240

24,670

-37,540

-6,050

-6,310

Cash Flows from Financing Activities:
Proceeds from borrowings on term loan facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

275,000

0

-46,750

46,750

24,950

43,670

52,310

54,110

444,300

70,840

33,110

36,420

42,630

0

224,990

1,530

Repayments of borrowings on term loan facilities

-

-

-

-

-

-

-

-

-

0

251,030

3,440

3,470

3,470

3,430

3,480

3,470

3,480

50

435,500

5,860

2,250

2,220

-41,900

46,340

249,070

46,880

55,990

48,840

273,920

61,700

38,140

31,010

44,200

1,220

248,300

650

Proceeds from borrowings on revolving credit facilities

198,290

43,520

52,320

66,970

26,250

0

0

27,020

32,040

47,590

53,660

113,410

186,640

87,560

98,280

99,450

117,130

134,220

297,730

408,450

289,440

331,480

180,370

220,990

331,120

590,240

156,850

207,090

268,800

169,200

142,400

232,900

180,000

107,400

248,380

167,820

135,700

Repayments of borrowings on revolving credit facilities

48,330

44,250

52,680

66,540

25,870

0

0

34,520

33,970

82,060

110,350

133,140

191,760

108,570

99,730

127,830

97,220

162,880

303,100

457,510

245,880

301,570

198,210

249,410

239,900

538,180

156,830

228,100

190,800

151,200

142,400

256,900

156,000

112,280

249,420

161,900

135,700

Payments for deferred purchase price

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

310

5,400

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment, Tax Withholding, Share-based Payment Arrangement

1,830

100

10

610

2,620

0

0

80

2,300

30

0

30

450

90

850

0

650

150

0

60

2,560

130

40

70

2,670

510

170

230

3,530

0

0

0

990

70

0

110

720

Payments to purchase common stock

31,570

15,650

5,670

14,750

670

8,550

670

2,920

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

430

160

50

290

140

280

480

690

170

490

20

170

5,490

40

130

650

180

Excess tax benefits from stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80

70

270

760

270

100

270

910

420

180

360

1,770

140

40

2,290

1,510

Distributions to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

580

-

560

800

550

-

-

-

-

-

-

-

-

Payments for noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

51,000

0

0

0

0

-820

410

410

0

-

-

-

-

Other financing activities

-

-

-

-

-

-

-

-

-

-60

0

40

-290

40

580

800

-620

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax effect from stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used for) financing activities of continuing operations

116,560

-

-

-

-2,910

-

-

-

-

-

-

-

-

-

-

-

-

-32,560

-5,490

-228,760

30,370

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities of discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

208,820

-420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used for) financing activities

116,560

-16,480

-6,040

-14,930

-2,910

-8,550

-670

-10,500

-4,230

-34,560

-13,790

-23,160

-9,330

-27,060

-5,150

-31,060

15,170

-32,560

-5,490

-19,940

29,950

297,650

-22,180

-29,640

38,280

-178,770

171,380

-23,730

80,270

-

-

-4,750

35,680

-6,550

-2,200

-21,130

1,850

Increase (decrease) for the period

33,640

-

-

-

-23,740

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase for the year

-

-

-

-

-

28,520

26,230

16,730

9,090

2,820

2,080

40

1,930

-1,840

-1,110

-1,760

5,970

-3,010

-3,710

2,440

-690

-5,650

-8,310

6,560

4,820

-182,350

190,520

-2,430

680

-

-

14,320

-73,960

78,380

470

-4,840

-31,460

Supplemental disclosure of cash flow information:
Cash paid for interest

370

5,860

380

5,890

300

5,960

210

7,160

470

410

2,960

3,010

3,050

2,930

3,010

2,880

2,980

2,850

2,630

4,980

4,710

2,910

2,410

2,540

3,010

4,140

4,330

4,380

3,900

10,310

3,200

14,710

3,080

15,200

2,640

17,980

4,730

Cash paid for taxes

1,850

25,210

6,840

10,100

1,870

2,360

1,810

2,240

970

3,090

2,540

9,370

1,230

8,080

5,960

1,390

1,780

8,320

4,870

9,050

8,340

15,500

14,870

8,080

2,660

7,820

16,050

6,550

7,280

2,820

9,160

5,790

8,050

3,570

3,000

6,540

2,600