Ultralife Corp ULBI Cash Flow

Ultralife corp (ULBI)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Apr'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
OPERATING ACTIVITIES:
Net income
5,939	5,314	23,410	23,924	23,280	24,999	9,050	8,716	0	8,171	7,664	5,599	5,514	4,862	3,482	2,235	2,266	2,598	2,840	3,195	1,822	-328	-2,131	-2,916	-1,968	-2,668	-960	0	0	0	-	-	-	-	-2,138	0	0	0
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Loss (gain) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-61	-92	-77	-197	128	-520	-335	-166	-501	665	469	-1,905	-3,687	0	0	0
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation
2,352	2,220	2,044	1,954	1,935	1,972	1,974	1,975	0	1,986	2,005	2,032	2,068	2,137	2,223	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Amortization of intangible assets
582	525	469	418	387	397	407	416	0	419	422	415	438	471	503	458	390	312	235	253	270	291	305	333	357	375	402	426	446	473	497	530	563	595	627	0	0	0
Amortization of financing fees
47	44	41	38	36	36	37	37	0	43	52	58	67	70	71	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of financing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	3,467	3,446	3,487	3,557	3,600	0	0	0
Foreign exchange loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-8	15	-13	-43	-66	-43	-228	-166	-149	95	0	0	0
Stock-based compensation
798	753	702	906	936	890	831	601	0	752	653	684	756	569	710	687	617	608	571	721	824	918	1,003	1,112	1,184	1,170	1,131	1,118	1,139	1,228	1,379	1,344	1,363	1,282	1,225	0	0	0
Loss on Long-Lived Asset Disposals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-114	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Deferred income taxes
-1,458	-1,211	17,896	18,043	18,647	18,643	1,732	1,712	0	1,706	1,669	0	0	0	-	-	-168	-170	-183	-134	-24	86	196	108	51	20	113	229	152	145	-15	-323	-334	-406	-448	0	0	0
Accounts receivable
18,256	10,416	8,525	6,105	-1,504	1,511	-1,104	1,898	0	1,702	1,300	2,796	-112	-1,203	667	471	1,292	2,232	217	-848	-1,272	-913	2,878	5,069	2,279	7,236	6,694	7,462	12,550	4,340	-1,183	-10,210	-11,056	-3,680	-15,035	0	0	0
Inventories
-2,240	3,319	5,620	5,769	2,113	-2,348	-1,631	295	0	3,810	2,537	-5	-1,839	-3,890	-1,981	-235	992	363	-2,101	-207	-1,335	-745	-46	-664	3,968	3,539	4,418	266	-3,441	-692	-4,122	5,369	3,403	-6,664	5,738	0	0	0
Prepaid expenses and other assets
970	1,575	836	-594	-458	-373	429	778	0	809	673	28	-514	-739	-730	-50	488	514	757	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-43	0	0	0
Accounts payable and other liabilities
1,872	1,125	3,872	6,058	2,639	-822	-1,721	-1,994	0	274	2,661	1,839	1,209	-650	-1,362	-1,427	-507	-893	723	0	0	0	-	-	-	-	-	-	-	-	-5,611	-5,850	-7,995	-12,943	-6,225	0	0	0
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	7,895	6,358	9,198	7,360	5,863	6,110	5,873	7,703	10,938	0	0	0
Income taxes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-194	0	0	0	-	-	-	-
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-195	-1,457	-2,186	75	-135	298	-40	-266	0	0	0
Accounts payable and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Net cash used in operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-998	0	0	0	-	-	-	-	24	0	0	0
Net cash used in operating activities
-2,790	-2,970	-1,492	4,822	11,262	10,886	11,144	5,060	0	3,610	7,270	0	0	0	-	-	-	-	-	-	-	4,121	3,665	6,001	5,838	10,302	6,897	6,398	7,105	5,267	4,768	3,915	5,807	7,696	10,962	0	0	0
INVESTING ACTIVITIES:
Purchase of SWE, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,857	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	0	0	0
Purchases of property, plant and equipment
4,265	6,281	7,037	6,979	6,594	4,185	2,415	1,555	0	983	1,392	1,200	1,167	1,731	1,219	2,590	2,914	2,509	2,910	1,995	2,139	1,811	1,653	998	720	746	766	1,410	1,583	2,808	2,685	2,495	2,383	2,079	2,362	0	0	0
Proceeds from sale of equipment
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in Restricted Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	0	-280	-280	-16	-268	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-2,945	-2,909	-2,072	-1,768	-2,101	0	0	0
Net cash provided by investing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102	0	0	0
Net cash used in investing activities
-29,393	-31,529	-32,285	-32,227	-6,594	-4,185	-2,415	-1,555	0	-983	-1,392	0	0	0	-	-	-	-	-	-	-	-1,795	-1,385	-681	-227	19	-269	-1,240	294	-935	-812	-776	-2,061	-1,681	-1,999	0	0	0
FINANCING ACTIVITIES:
Payment of credit facilities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of security deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
603	930	1,077	753	985	1,568	1,666	1,733	0	1,627	1,429	1,399	1,374	1,187	460	0	0	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholdings on stock-based awards
8	8	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of Exchange Rate Changes on Cash
-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	1,957	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	9,388	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Debt Borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,030	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	237	184	217	259	353	0	0	0
Cash paid to repurchase treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Net change in revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,300	-10,176	-8,541	0	0	0
Proceeds from stock option exercise
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	12	12	28	115	131	135	119	73	0	0	0
Net cash used in financing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-128	0	0	0
Net cash used in financing activities
17,411	16,124	15,917	13,804	-1,380	1,168	2,037	2,104	0	1,601	1,403	0	0	0	-	-	-	-	-	-	-	-991	-751	-578	-28	-39	12	12	-345	9	115	-2,352	-3,191	-10,151	-8,604	0	0	0
Effect of exchange rate changes on cash
-359	-154	-505	-332	-378	-265	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
DECREASE IN CASH
-15,131	-18,529	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on debt and capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	115	-2,352	-3,173	-10,063	-8,476	0	0	0
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCREASE IN CASH
-	-	-	-	-	-	-	-	-	4,639	-	-	-	10,843	-3,764	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental cash flow information:
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	357	291	241	177	158	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	116	41	-4	-24	-230	236	88	9	265	-321	-90	126	320	0	0	0
DECREASE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-563	-948	1,389	1,645	4,783	5,579	10,258	6,410	5,406	7,142	4,350	4,336	466	465	-4,010	679	0	0	0