Unifi inc (UFI)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Dec'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'10
Operating activities:
Net (loss) income

-41,111

409

3,712

1,002

-1,529

1,171

1,812

10,764

176

-

11,802

8,960

9,704

9,177

4,354

9,142

9,915

9,275

6,194

7,786

14,910

9,759

9,122

6,675

8,436

4,454

6,211

8,619

10,231

1,164

2,217

2,058

11,049

7,310

-7,817

286

13,514

-4,045

5,385

10,235

Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Equity in earnings of unconsolidated affiliates

3,526

-756

-866

842

1,873

1,014

239

1,945

544

-

211

3,087

2,157

1,600

-367

840

1,633

4,167

303

2,860

7,014

5,459

3,281

3,721

4,233

3,585

5,122

6,123

4,732

4,783

1,258

671

5,574

9,863

844

3,459

12,465

-2,103

5,039

8,951

Distributions received from unconsolidated affiliates

0

0

10,437

1,267

750

126

504

1,010

2,548

-

1,500

7,178

822

0

750

750

1,785

0

1,000

1,947

-

-

-

-

3,382

6,773

500

2,559

4,409

7,807

500

2,224

6,466

2,145

0

2,005

1,581

1,787

0

2,532

Depreciation and amortization expense

6,075

5,925

5,685

5,761

5,590

5,616

6,036

5,741

5,709

-

5,625

5,510

5,481

5,156

4,994

4,737

4,488

4,364

4,293

4,383

4,719

4,338

4,494

4,492

4,606

4,665

4,217

4,408

5,321

6,266

6,480

6,517

6,751

6,916

6,686

6,782

5,677

6,834

6,723

6,743

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-746

-114

-242

-2,741

0

0

-462

0

-2,193

0

-1,144

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash compensation expense

673

1,650

187

500

-281

2,041

998

945

1,309

-

2,418

1,151

-

-

-

-

-

-

-

-

686

565

1,272

625

599

480

1,197

414

391

570

705

621

312

675

1,152

243

266

391

390

347

Net loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

189

118

-65

Excess tax benefit on stock-based compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-108

57

664

447

-

-

-

-

-

-

-

-

-20

17

2,218

1,318

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

9,151

118

760

-613

-142

1,241

-909

-2,644

2,159

-

7,200

-918

-581

-970

-2,864

-2,471

1,032

-1,749

-4,768

-498

3,722

1,694

-2,532

912

-309

-392

-8

-17

-1,307

-1,544

-1,741

-1,418

6,428

-70

-143

718

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-297

9

225

Other, net

107

-63

127

232

190

68

201

97

-26

-

183

23

132

1,014

179

-213

2,321

-752

-886

-381

-741

-652

86

-134

498

-396

-516

-1,235

-180

-244

-74

-23

-221

-184

8

-63

-728

177

-27

7

Changes in assets and liabilities:
Receivables, net

12,168

-8,330

-1,543

-2,954

12,381

-8,140

1,636

1,445

6,351

-

1,763

-2,030

-5,167

9,624

-5,260

-783

-483

3,244

-6,949

4,276

-5,037

14,785

-14,906

667

-3,977

19,292

-11,644

-8,185

2,952

8,353

-6,845

-3,602

487

16,139

-11,727

-403

17,410

-22,262

13,480

-2,751

Inventories

-3,456

3,311

-1,981

2,429

-3,730

2,060

15,079

8,774

4,868

-

-1,465

6,021

2,799

-1,031

31

6,720

-4,484

-4,661

-3,996

6,298

5,462

-6,296

3,796

3,209

1,602

-534

-2,372

3,981

4,854

1,007

-9,470

4,003

3,644

-2,403

-21,767

7,386

42,151

-12,929

-2,333

-7,620

Other current assets

861

1,673

486

-7

-1,825

2,306

857

-111

283

-

-75

285

3,045

-384

-1,741

904

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

9,098

-1,063

814

1,366

2,300

-5,503

6,591

-109

481

-

-594

-351

4,063

-1,946

-5,066

-1,775

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets and income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,434

-1,788

-

-1,585

4,838

-508

1,203

-1,660

-2,167

1,483

1,017

-1,391

1,384

-600

742

-702

1,432

129

-1,338

-179

433

107

Accounts payable and accrued expenses

5,810

-6,179

-119

-1,290

3,740

-4,428

-3,835

8,997

8,473

-

-8,430

-366

-2,453

9,406

-8,669

509

-430

7,140

-8,946

-3,474

2,545

5,584

-6,395

-5,346

-1,748

20,550

-7,543

-10,102

-2,315

13,991

-5,031

-7,204

5,272

18,256

-22,452

2,622

-6,545

11,360

-8,902

1,284

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,136

-1,189

839

-1,130

1,632

-4,420

1,523

1,556

1,131

1,064

2,073

104

691

-115

-1,046

104

293

-97

647

820

-1,256

273

774

Other, net

-88

-24

-89

-

-635

-509

-39

-

-83

-

-125

-146

-

504

30

-162

-

-567

-471

-73

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-393

-66

93

-4,807

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

3,470

4,813

23,822

8,801

2,458

983

-4,958

12,346

4,600

-

4,629

15,760

16,776

11,990

9,147

8,149

17,732

22,851

14,605

787

19,206

10,132

9,463

102

13,920

18,207

14,920

9,310

5,583

20,187

20,358

4,381

16,055

12,952

12,481

1,821

13,293

-15,934

10,510

4,011

Investing activities:
Capital expenditures

6,636

3,750

4,585

5,672

6,857

5,958

6,384

7,938

5,731

-

6,212

5,148

5,315

8,532

9,208

10,135

15,568

9,350

11,544

15,875

6,573

5,951

6,059

7,383

5,701

3,959

3,740

5,691

4,287

1,650

1,781

1,091

1,025

2,070

2,137

1,122

3,205

4,010

7,829

5,495

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

0

15

2,088

3,717

29

79

22

533

1,918

23

245

374

0

20

36

283

43

8

173

80

4

5

180

Proceeds from other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

251

141

-

-

-

-

-

-

-

-

-

-

-

-

Investments in unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

360

160

850

-368

225

Other, net

25

-81

21

74

-29

35

-15

-

-

-

42

-57

13

-1

131

49

644

1,303

360

347

337

-6

75

16

23

-300

24

36

71

217

14

41

-

-

-

-

-

-

-

-

Net cash used in investing activities

-6,661

-3,669

-4,606

-5,746

-6,828

-5,993

-6,369

-9,784

-5,746

-

-6,254

-5,091

-5,328

-8,531

-9,339

-10,184

-16,216

-10,653

-11,889

-14,134

-3,193

-5,916

-6,055

-7,377

-5,905

-2,133

-3,490

-5,341

-3,790

-1,490

-3,395

-1,096

-1,051

-2,027

-2,471

-1,309

-3,285

-4,356

-4,215

-5,540

Financing activities:
Payments on notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-123,722

0

0

-10,288

1

-31,726

1

-15,863

Proceeds from ABL Revolver

37,900

18,100

23,000

14,800

39,800

19,500

34,000

40,300

21,000

-

37,000

22,200

28,800

27,800

25,000

40,200

37,100

28,300

34,600

53,200

35,200

34,500

33,800

45,600

49,800

26,800

40,600

32,100

52,600

35,400

11,200

17,500

65,000

2,800

34,000

58,800

50,100

65,900

36,700

40,525

Payments on ABL Revolver

29,500

12,600

25,400

19,400

32,300

45,200

19,900

31,200

23,900

-

24,700

21,900

30,600

26,500

29,900

31,700

33,900

41,500

46,400

30,200

47,300

36,400

31,100

55,300

49,200

51,800

35,100

39,700

51,400

28,100

21,700

14,000

49,000

2,800

38,900

53,500

53,300

28,100

36,700

40,525

Proceeds from ABL Term Loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,000

-

18,000

0

7,200

-

-

-

-

-

-

-

-

-

-

-

-

Payments on ABL Term Loan

2,500

2,500

2,500

2,500

0

2,500

2,500

2,500

2,500

-

2,500

2,500

2,500

2,500

2,375

2,375

2,375

2,375

2,250

2,250

-

-

-

-

-

-

-

-

1,800

16,014

4,066

6,450

-

-

-

-

-

-

-

-

Payments on finance lease obligations

1,521

1,477

1,608

-

1,725

1,793

1,790

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from related party term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,250

-

-

-

-

-

-

-

-

Payments of debt financing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196

50

17

46

-

-

-

-

0

0

4

821

Payments on capital lease obligations

-

-

-

-

-

-

-

1,774

1,758

-

1,743

1,785

1,482

1,064

1,081

1,073

1,064

1,055

1,047

924

525

344

209

208

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock repurchased and retired under publicly announced programs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

772

5,439

6,200

0

0

4,160

5,836

12,028

12,919

5,768

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock option exercises

0

0

29

210

29

0

244

0

0

-

0

219

170

136

1,281

1,200

67

54

0

60

-

-

-

-

80

223

460

2,373

1,220

49

0

29

-

-

-

-

-

-

-

-

Excess tax benefit on stock-based compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-108

57

664

447

-

-

-

-

-

-

-

-

-20

17

2,218

1,318

-

-

-

-

-

-

-

-

-

-

-

-

Contributions from non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

680

0

400

480

442

399

0

720

-

-

-

-

400

400

280

200

-

-

-

-

-

-

-

-

Other

-422

-55

-44

649

-327

-44

-646

147

-269

-

-65

-263

-64

-61

-27

-341

-60

-239

-13

-471

-98

136

-81

-461

43

-121

-13

-18

-

-2

-1

-38

-

-502

11

49

-

-

-

-

Net cash (used in) provided by financing activities

1,963

1,468

-6,523

-8,754

5,422

-10,702

9,408

4,767

-7,427

-

7,992

-4,029

-5,784

-2,132

8,062

6,358

-802

-16,775

6,763

14,456

-20,666

-5,448

-267

8,191

-5,417

-18,436

-6,062

-2,495

-8,086

-17,988

-14,304

-1,555

-39,824

-302

-4,769

-4,939

-3,168

5,760

63

-16,684

Effect of exchange rate changes on cash and cash equivalents

-2,589

480

-803

29

193

170

-776

-3,015

534

-

-143

326

-470

414

-301

-48

645

447

-16

-1,168

-86

-1,913

-1,036

-1,031

150

-1

-156

81

-853

-54

-5

-24

-114

520

-385

-3,242

1,508

487

553

1,796

Net increase (decrease) in cash and cash equivalents

-3,817

3,092

11,890

-

1,245

-15,542

-2,695

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

4,314

-8,039

-

6,224

6,966

5,194

1,741

7,569

4,275

1,359

-4,130

9,463

-59

-4,739

-3,145

2,105

-115

2,748

-2,363

5,212

1,555

-7,146

655

2,654

1,706

-24,934

11,143

4,856

-7,669

8,348

-14,043

6,911

-16,417