Universal electronics inc (UEIC)
CashFlow / TTM
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 provided by (used for) operating activities:
Net income (loss)

10,481

3,630

-14,504

-16,214

11,506

11,924

6,177

6,946

-11,029

-10,323

9,767

15,846

17,760

20,384

26,483

24,950

26,727

29,173

28,740

33,337

33,450

32,534

29,185

26,937

24,290

22,963

20,328

18,555

17,867

16,553

18,549

18,783

19,751

19,946

0

0

0

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

31,405

31,926

32,072

32,560

33,378

33,602

33,374

32,271

31,910

31,312

31,175

30,889

28,683

26,967

24,987

23,072

21,714

20,452

19,258

18,807

18,651

18,244

18,421

18,424

18,249

18,363

18,052

17,876

17,727

17,613

17,376

17,272

17,286

17,335

0

0

0

Provision for bad debts

675

441

578

308

304

305

1

87

147

166

227

148

246

183

233

277

257

299

422

318

190

249

66

211

227

190

141

84

114

73

108

77

254

277

0

0

0

Provision for inventory write-downs

-

-

-

-

-

-

0

0

4,216

-

3,597

3,520

3,709

3,806

3,522

3,470

3,232

3,382

3,346

3,540

3,783

3,473

4,077

4,100

3,703

3,680

2,834

2,501

2,673

2,994

4,163

5,149

5,637

5,625

0

0

0

Deferred income taxes

-3,910

-1,779

7,610

7,727

6,020

3,967

7,180

8,075

9,006

7,597

-4,003

-2,837

-1,726

-1,637

-3,420

-4,528

-4,949

-5,348

-1,830

-2,094

-2,292

-538

-967

-605

285

-1,617

2,517

2,419

1,458

2,536

-923

-1,682

-1,043

-1,043

0

0

0

Tax benefit from exercise of stock options and vested restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

2,007

4,276

3,372

3,118

3,069

-1,118

-465

-164

0

1,975

1,629

1,603

874

1,117

388

-89

-83

-279

-166

254

280

0

0

0

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

1,970

3,840

2,953

2,700

2,619

-1,053

-429

-136

0

2,387

2,050

1,960

1,274

1,073

447

118

111

66

125

311

439

0

0

0

Shares issued for employee benefit plan

1,127

947

1,058

1,092

1,073

1,062

937

647

638

648

741

953

914

913

897

826

822

868

878

903

891

847

852

838

839

747

727

727

883

749

757

801

694

729

0

0

0

Employee and director stock-based compensation

9,230

8,845

8,730

8,342

8,534

8,820

9,275

11,057

11,524

11,943

12,162

10,909

10,454

10,324

9,628

8,900

8,447

7,913

7,536

7,176

6,725

6,444

6,223

6,032

5,759

5,342

5,078

4,799

4,639

4,575

4,678

4,763

4,676

4,511

0

0

0

Performance-based common stock warrants

1,747

1,997

797

490

126

163

308

-237

222

683

631

1,933

2,794

2,728

3,219

2,058

866

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of Ohio call center

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable and contract assets

-33,319

-17,203

4,373

8,817

8,335

-5,455

-959

-4,399

18,769

22,192

16,963

14,710

19,826

3,882

22,915

30,265

17,494

29,407

11,829

3,851

17,591

7,966

5,763

18,003

-3,789

4,509

10,856

3,682

16,263

8,998

4,962

1,798

-1,517

-3,142

0

0

0

Inventories

-3,677

1,914

8,499

6,557

16,569

11,215

14,115

30,609

22,861

25,797

31,547

27,031

21,459

14,800

16,086

15,901

20,789

31,877

27,845

28,250

18,910

8,161

-4,771

-6,738

4,531

15,353

33,472

24,639

8,466

-2,987

-7,333

8,558

26,339

30,597

0

0

0

Prepaid expenses and other assets

-4,031

-4,648

-9,114

-4,756

-603

587

6,249

7,121

4,027

4,477

3,108

650

73

772

-262

-909

1,585

-774

1,974

3,315

2,033

2,803

1,388

642

380

633

-46

-266

175

588

1,301

978

943

345

0

0

0

Accounts payable and accrued liabilities

-17,753

14,233

17,442

16,765

16,791

-7,386

-3,660

3,656

5,992

10,970

4,240

5,948

17,169

10,451

19,187

36,402

22,618

33,309

28,138

10,977

18,244

19,964

18,947

10,020

6,141

2,285

13,506

24,356

15,352

8,186

-15,110

-15,328

-10,091

-4,319

0

0

0

Accrued income taxes

5,210

3,574

532

-7,569

-353

-1,184

1,918

7,445

2,825

4,535

-1,939

-3,590

-4,885

-5,159

-4,188

-2,563

-777

729

2,504

3,112

2,838

1,186

-773

-2,090

-2,117

-364

-2,244

-315

-1,331

-2,943

319

598

1,285

-302

0

0

0

Net cash provided by (used for) operating activities

81,457

85,257

57,350

36,965

20,251

12,855

10,374

10,160

9,775

9,165

5,079

21,420

33,849

49,543

42,245

43,403

34,884

26,094

42,656

40,624

43,918

63,473

73,239

51,539

55,897

30,694

16,701

42,888

34,271

43,543

30,642

18,808

12,627

14,800

0

0

0

Cash provided by (used for) investing activities:
Acquisitions of property, plant and equipment

20,499

21,313

19,158

16,819

13,628

20,142

27,300

36,281

43,238

40,384

41,659

40,181

39,631

40,651

35,527

35,323

33,259

32,989

30,462

24,507

21,380

16,566

14,857

13,414

9,693

10,355

11,916

10,857

11,809

10,463

19,341

17,378

15,059

13,630

0

0

0

Acquisitions of intangible assets

3,272

2,655

2,115

2,533

2,603

2,521

2,585

2,432

2,110

1,949

1,814

1,684

1,758

1,912

1,891

2,136

2,278

2,395

2,356

2,442

2,330

1,853

1,715

1,328

1,232

1,319

1,316

1,364

1,215

1,140

0

0

0

-

-

-

-

Payment on sale of Ohio call center

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of net assets of Ecolink Intelligent Technology, Inc., net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash provided by (used for) investing activities

-24,271

-23,968

-21,273

-19,352

30,007

23,575

16,353

7,485

-54,242

-51,227

-47,570

-45,922

-36,544

-37,718

-37,153

-49,676

-47,802

-47,649

-45,300

-26,949

-23,710

-18,419

-16,572

-14,742

-10,925

-11,674

-13,232

-12,221

-13,024

-11,603

-11,067

-13,318

-14,001

-14,694

0

0

0

Cash provided by (used for) financing activities:
Borrowings under line of credit

72,500

72,500

77,500

85,000

80,000

68,000

90,000

95,000

117,000

157,000

169,987

174,987

157,987

147,974

107,987

122,987

127,487

84,500

0

0

0

-

-

-

-

19,500

38,300

42,300

39,300

30,800

0

0

0

-

-

-

-

Repayments on line of credit

101,000

106,000

93,000

101,000

114,500

104,500

100,500

76,000

64,000

68,987

90,987

125,974

127,974

147,987

119,987

92,000

69,500

34,500

0

0

0

-

-

-

-

19,500

45,100

55,300

53,500

47,200

0

0

0

-

-

-

-

Payment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from stock options exercised

-

-

-

-

-

864

1,199

1,304

1,644

1,442

2,538

4,550

4,546

6,244

4,877

2,600

2,658

1,712

3,370

5,105

5,839

8,122

10,284

13,090

15,050

12,371

9,266

4,764

1,646

2,204

1,721

1,851

2,727

1,677

0

0

0

Treasury stock purchased

7,004

1,928

3,001

8,114

14,424

13,824

31,432

31,314

28,311

39,085

30,676

25,588

22,312

12,647

12,875

57,042

87,098

89,395

79,692

36,190

19,784

16,168

15,638

15,447

2,454

3,607

5,985

5,400

4,700

3,451

892

6,771

9,723

9,785

0

0

0

Contingent consideration payments in connection with business combinations

3,091

4,251

4,251

4,251

4,251

3,858

3,858

3,858

3,858

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

1,970

3,840

2,953

2,700

2,619

-1,053

-429

-136

0

2,387

2,050

1,960

1,274

1,073

447

118

111

66

125

311

439

0

0

0

Net cash provided by (used for) financing activities

-38,147

-39,231

-22,341

-28,205

-52,750

-53,318

-44,591

-14,868

22,475

50,370

50,540

28,898

13,549

-4,446

-16,236

-20,580

-23,831

-35,142

-30,375

-19,514

-14,081

-8,046

-2,967

-307

14,556

10,038

-2,488

-13,231

-17,178

-17,578

-10,705

-12,395

-20,285

-26,269

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-5,007

-963

-1,002

724

2,078

2,756

6,500

2,245

4

-803

-7,454

-4,053

-4,257

-5,134

-5,023

-5,864

-4,276

-2,858

-1,637

359

575

-661

662

1,407

2,148

2,523

2,405

1,621

343

859

346

-307

883

1,286

0

0

0

Net increase (decrease) in cash and cash equivalents

14,032

21,095

12,734

-9,868

-414

-14,132

-11,364

5,022

-21,988

7,505

595

343

6,597

2,245

-16,167

-32,717

-41,025

-59,555

-34,656

-5,480

6,702

36,347

54,362

37,897

61,676

31,581

3,386

19,057

4,412

15,221

9,216

-7,212

-20,776

-24,877

0

0

0

Supplemental cash flow information:
Income taxes paid

6,717

7,275

7,813

7,440

6,707

7,658

7,963

8,329

8,248

8,280

9,627

9,386

9,883

9,891

9,905

9,461

8,726

7,793

7,009

6,975

7,577

7,178

6,840

6,830

5,987

6,068

7,270

7,511

11,033

10,445

0

0

0

-

-

-

-

Interest paid

3,854

4,403

4,738

3,612

5,003

4,981

4,776

4,295

3,501

2,751

1,979

1,580

1,320

1,208

1,113

864

557

255

0

0

0

-

-

-

-

44

103

171

231

304

0

0

0

-

-

-

-