Ufp technologies inc (UFPT)
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

3,891

5,777

5,641

4,598

3,734

4,410

4,134

3,990

1,777

2,715

1,694

2,630

2,171

1,491

2,669

2,735

1,075

1,676

1,991

2,273

1,653

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,860

2,062

-

2,887

2,982

2,030

-

2,596

2,747

2,348

-

-

-

-

Net income from consolidated operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,008

2,439

2,702

2,633

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

2,066

2,052

2,070

2,028

2,022

2,011

1,946

2,042

1,832

1,464

1,375

1,401

1,395

1,525

1,360

1,382

1,367

1,339

1,166

1,188

1,153

1,169

960

1,116

1,131

1,102

1,005

1,003

974

810

712

723

681

799

578

711

692

(Gain) loss on sales of property, plant and equipment

-

-

-

-

-

-4

-4

15

40

-

-

-

-

-6

0

0

4

-58

0

0

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of fixed assets

4

-

-

-

-

-

-

-

-

-

0

-8

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6

5

4

0

0

833

Share-based compensation

537

422

473

402

294

249

272

454

237

226

206

427

209

185

229

441

201

196

226

437

210

174

215

465

265

217

200

328

179

180

182

310

186

228

228

382

249

Stock issued in lieu of compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

55

Deferred income taxes

421

-460

415

413

424

874

319

342

346

-1,273

94

82

78

352

0

137

87

154

89

98

96

1,579

-122

-104

-121

751

-4

-3

-4

272

153

126

58

459

-2

-2

-2

Excess tax benefits on share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

0

36

183

374

11

271

563

-

-

-

-

504

51

0

276

280

112

10

296

Changes in operating assets and liabilities:
Receivables, net

801

-

-

-

1,451

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables, net

-

-

-

-

-

-

-

894

3,520

-

-262

383

674

-1,058

-713

2,644

2,895

-1,774

-263

1,295

1,753

-2,095

943

-528

1,118

-774

-856

148

678

-507

573

6

769

503

-1,038

290

1,230

Inventories

1,966

-943

181

-399

-139

-326

1,170

474

977

-273

-959

-316

260

-417

684

666

-984

667

703

-93

32

-607

71

1,252

1,129

1,151

-994

360

836

-61

-900

-146

307

752

15

-110

1,056

Prepaid expenses

446

-355

392

425

-364

-13

113

-610

759

-399

-221

-414

588

120

-434

169

1,496

-416

-318

-396

1,396

-283

-734

-381

1,372

-238

-266

-346

886

26

-269

-83

391

-213

-162

-96

-3

Refundable income taxes

-284

-1,757

1,319

-787

-781

1,319

350

-160

-241

38

970

9

-807

937

1

-543

-604

-174

429

-2,136

-796

1,989

-807

405

-1,151

720

0

-937

-777

983

296

92

-676

232

-1

-291

-266

Other assets

-247

-75

-213

-160

338

-363

191

93

155

90

75

49

14

4

58

29

6

-220

-149

-7

51

88

-45

52

51

132

130

24

82

-56

-287

6

541

127

-153

25

65

Accounts payable

2,726

-2,252

1,002

-315

-907

-1,136

-658

3,197

-290

-336

532

-1,616

1,513

-880

-384

904

-323

-713

259

137

-1,062

129

1,108

-487

1,567

-478

-421

-705

597

83

164

-474

611

-342

-58

135

771

Accrued expenses

-2,133

-664

659

2,536

-2,506

1,315

1,162

440

-1,445

420

690

546

-682

-250

603

1,402

-2,322

-1,383

296

1,644

-720

-979

167

1,117

-2,548

2,058

773

472

-2,031

1,724

508

730

-820

-406

-125

723

-631

Deferred revenue

-142

42

-419

-21

465

-837

586

-372

658

-13

37

-1

68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-qualified deferred compensation plan and other liabilities

62

648

-19

-924

608

-325

126

52

103

45

59

22

120

8

93

-103

215

165

-65

-237

166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retirement and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

64

-280

-

39

128

75

-46

63

-32

205

45

-154

26

70

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,807

-2,513

-

3,560

6,841

-1,154

4,274

4,910

2,948

-1,006

4,566

6,466

4,959

115

5,339

4,916

4,249

1,656

2,107

4,132

4,850

626

Net cash provided by operating activities

4,742

8,843

10,028

8,729

3,629

7,771

6,102

9,439

-1,992

4,459

5,084

3,788

4,138

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Additions to property, plant, and equipment

1,020

1,397

1,562

1,431

1,388

907

1,530

1,497

1,494

3,502

2,409

3,008

1,463

1,440

1,690

2,579

1,497

2,739

2,542

1,939

8,522

2,496

6,631

2,932

1,377

813

1,472

2,293

1,252

3,945

3,019

2,719

2,309

1,102

1,634

751

252

Holdback payment related to the acquisition of Packaging Alternatives Corporation (PAC)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

400

0

200

-

-

-

-

-

-

-

-

Redemption of cash value life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

131

-

-

-

-

Acquisition of Dieletrics, net of cash acquired

-

-

-

-

-

0

0

0

76,978

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of fixed assets

13

-

-

-

-

0

9

28

40

1

0

1

5

10

0

0

4

22

0

0

31

-

-

-

-

-

-

-

-

73

0

6

5

5

0

0

1,217

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,579

-1,493

-

-2,542

-1,939

-8,491

-2,468

-3,601

-5,878

-1,377

-813

-1,839

-2,288

-1,452

-7,599

-3,019

-2,713

-2,172

-1,097

-1,634

-751

964

Net cash used in investing activities

-1,007

-1,393

-1,562

-1,431

-1,388

-907

-1,521

-1,469

-78,432

-3,501

-2,409

-3,007

-1,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Payments on revolving line of credit

-

-

-

-

3,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from advances on revolving line of credit

-

-

-

-

-

-

-

0

36,000

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on revolving line of credit

-

-

-

-

-

-

-

9,000

6,000

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of long-term debt

-

-

-

-

-

0

0

0

20,000

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

580

-

-

-

-

-

-

-

-

Principal repayment of long-term debt

-

-

-

-

-

714

714

715

714

84

258

258

256

256

253

254

251

251

249

249

247

246

245

243

243

5,445

386

384

386

304

145

145

145

145

175

804

156

Proceeds from exercise of stock options

416

144

121

155

285

0

306

596

368

47

315

236

79

0

80

449

0

138

0

92

128

0

13

242

81

-144

270

34

31

-

-

-

-

-

-

-

-

Payment of statutory withholdings for restricted stock units vested

560

241

0

0

271

0

0

0

144

189

0

0

107

130

0

1

88

130

0

0

79

130

0

0

701

-95

548

0

426

-0

0

0

672

0

191

0

638

Distribution to United Development Company Partners (non-controlling interest)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-13

0

1,209

0

0

184

105

Proceeds from exercise of stock options, net of attestation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

102

228

34

-

165

34

34

Excess tax benefits on share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

0

36

183

374

11

271

563

-

-

-

-

504

51

0

276

280

112

10

296

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

-339

-

-836

-121

-15

-802

-221

270

-300

-4,683

-665

-342

-201

4,584

21

83

-1,716

151

-88

-944

-569

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,548

-4,345

-

182

4,781

-9,660

1,004

1,088

-2,660

-2,683

-930

3,962

2,329

-1,538

2,324

1,918

1,620

-2,232

1,161

2,409

3,154

1,021

Net cash used in financing activities

-144

-15,097

-2,307

-4,560

-2,986

-8,714

-5,408

-9,119

49,510

-226

57

-22

-284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

3,591

-7,647

6,159

2,738

-745

-1,850

-827

-1,149

-30,914

732

2,732

759

2,396

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-