Vishay precision group, inc. (VPG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'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
Operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

17,261

22,295

21,873

24,910

27,013

23,645

-

24,658

21,416

17,349

14,394

12,924

9,682

7,915

6,408

-9,921

-12,956

-13,345

-12,994

-4,463

753

2,863

3,258

9,387

7,578

5,298

4,492

8,922

9,379

11,093

12,291

7,717

9,043

9,064

10,794

0

0

0

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

12,140

11,795

11,331

10,918

10,801

10,631

-

10,588

10,640

10,629

10,626

10,710

10,827

11,084

11,149

11,371

11,213

11,056

11,097

11,152

11,477

11,677

11,736

11,774

11,820

11,903

12,064

12,006

11,865

11,749

11,717

11,623

11,588

11,490

11,321

0

0

0

Loss from extinguishment of debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposal of property and equipment

-30

-34

74

87

66

120

-

148

137

139

195

992

933

917

823

23

15

2

-15

-16

-53

-68

-63

-129

-56

-43

-41

88

39

-330

-158

-219

-183

181

-20

0

0

0

Share-based compensation expense

1,201

1,336

2,219

2,084

1,940

1,799

-

1,712

1,808

1,629

1,499

531

-18

-76

37

752

1,214

1,172

1,083

1,024

939

1,053

1,008

594

524

630

743

1,233

1,312

1,266

1,170

1,109

1,047

974

961

0

0

0

Inventory write-offs for obsolescence

2,730

2,588

2,180

2,107

1,752

1,876

-

2,036

2,241

2,381

2,065

2,007

1,872

1,689

1,755

1,574

1,303

1,237

1,354

1,508

1,644

1,332

1,290

1,022

982

1,202

951

1,349

1,294

1,407

1,444

1,505

1,374

1,537

1,658

0

0

0

Deferred income taxes

-3,102

-2,556

32

304

1,056

1,011

-

3,210

3,080

2,255

1,890

2,102

1,737

221

301

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-1,588

-358

546

2,389

825

-819

-

-2,336

-1,793

-529

-893

2,089

1,685

1,594

2,044

531

-498

-745

-2,521

-3,748

-1,995

-1,162

-722

-2,774

-1,203

-1,554

-396

2,514

-143

676

-163

-514

-307

-1,766

2,033

0

0

0

Net changes in operating assets and liabilities:
Accounts receivable, net

-5,563

-11,369

-8,719

-5,469

1,388

7,757

-

11,635

9,750

12,694

10,537

7,847

6,597

2,955

-1,322

-4,303

-3,644

-2,443

-982

-3,012

-3,504

-1,527

-318

7,172

6,736

6,192

6,327

-1,126

-751

-3,406

-5,148

-3,972

-3,688

-2,069

-41

0

0

0

Inventories, net

-2,337

619

2,298

1,079

4,692

5,095

-

7,962

10,850

6,501

4,307

2,357

1,048

818

1,968

1,693

1,297

1,309

3,961

5,430

5,040

4,091

349

-63

-1,616

-5,511

-5,050

-4,198

-3,908

2,527

1,656

1,222

3,598

1,877

3,070

0

0

0

Prepaid expenses and other current assets

2,983

5,087

2,600

989

379

-588

-

2,923

3,587

3,623

3,260

134

-437

404

-955

-661

-977

-2,779

-2,799

-1,404

-1,795

81

-266

-2,042

-309

-2,025

107

1,900

1,007

2,891

29

-115

510

1,177

3,575

0

0

0

Trade accounts payable

-3,518

-2,273

-830

-1,074

-1,878

-819

-

-509

599

2,274

2,009

960

1,166

868

237

159

-789

-1,717

-2,550

-1,819

-771

375

618

2,144

771

287

459

-2,611

-1,533

-2,773

-2,452

-3,842

-2,311

78

-33

0

0

0

Other current liabilities

-3,327

-7,481

-777

2,049

5,526

5,981

-

4,517

5,512

7,563

7,652

3,914

3,123

-1,363

-5,824

-502

-2,716

-645

-1,034

-111

56

831

2,307

354

-405

-1,918

-973

-2,975

-2,177

-1,401

-1,840

-339

2,643

1,918

1,469

0

0

0

Net cash provided by operating activities

29,123

30,932

42,049

45,043

41,680

35,379

-

25,880

22,765

21,652

22,729

19,729

18,563

13,650

11,505

15,540

14,589

17,352

14,267

16,086

18,324

18,733

23,254

20,890

15,497

18,122

14,568

13,794

18,944

15,669

21,162

19,410

21,493

22,062

15,592

0

0

0

Investing activities
Capital expenditures

0

-

0

0

0

-

-

0

0

0

-

0

0

0

-

0

0

9,369

-

11,024

10,693

9,882

9,091

8,407

8,367

7,933

6,742

6,469

5,986

6,594

8,364

11,749

15,381

15,956

16,291

0

0

0

Proceeds from sale of property and equipment

601

615

228

240

108

132

-

268

321

446

541

4,329

4,279

4,323

4,203

316

302

145

117

125

84

79

82

79

102

71

81

165

246

223

360

275

169

243

147

0

0

0

Purchase of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,919

0

0

0

-

0

0

0

-

-

-

-

Net cash used in investing activities

-51,086

-51,062

-12,948

-13,911

-13,451

-14,389

-

-12,292

-9,627

-8,848

-6,419

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-29,883

-10,899

-10,609

-9,803

-9,009

-8,328

-8,265

-6,893

-55,580

-55,223

-54,659

-56,259

-8,004

-11,474

-15,212

-15,713

-16,144

0

0

0

Financing activities
Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,000

0

0

0

-

0

0

0

-

-

-

-

Repayments of Long-term Debt

0

-

0

0

0

-

-

0

0

0

-

0

0

126

-

11,760

13,254

13,251

14,000

734

-260

245

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of principal upon termination of long-term borrowings

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt and capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-182

-181

-182

-136

0

0

0

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

384

0

0

0

-

0

0

0

-

-

-

-

Net changes in short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-83

0

0

0

Distributions to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

50

40

0

15

0

0

0

Proceeds from revolving facility

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on revolving facility

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,733

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to noncontrolling interests

0

-

0

0

0

-

-

0

0

-190

-

-63

-53

-9

-15

-17

-26

-55

-63

-77

-79

-75

-77

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments of employee taxes on certain share-based arrangements

872

854

854

854

811

801

-

801

801

785

303

303

303

303

85

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

13,835

16,476

-5,243

-6,899

-6,625

-3,513

-

-3,302

-1,120

-916

-3,006

-2,871

-2,739

2,429

2,767

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-2,285

405

-1,187

-241

-2,194

-1,610

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash and cash equivalents

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of investing transactions:
Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,293

-13,708

-10,120

-5,715

-4,241

-3,967

-3,735

-3,481

21,386

22,128

22,890

23,612

-248

-1,641

-956

-825

-234

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

995

-132

-1,709

-1,613

-639

-1,128

-134

-2,678

-3,729

-4,594

-5,044

-3,171

-1,402

844

-355

-1,404

-1,718

-1,195

-1,416

101

-363

-3,134

-1,617

-631

0

0

0

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

13,758

10,935

-2,129

-4,189

-7,041

-13,233

-8,832

-17,001

-12,250

-6,999

-1,829

6,833

7,193

4,341

7,393

-21,030

-21,019

-14,020

-18,394

13,011

5,932

2,191

3,907

-1,417

0

0

0

Supplemental disclosure of investing transactions:
Capital expenditures purchased

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of financing transactions:
Non-cash extinguishment of long-term debt facility (see Note 7)

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash refinancing of revolving facility (see Note 7)

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash financing transactions:
Conversion of exchangeable notes to common stock

-

-

-

-

-

2,794

-

2,794

2,794

4,097

1,303

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures incurred but not yet paid

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-