Wilhelmina international, inc. (WHLM)
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 loss:

-2,660

-4,962

-166

451

-109

59

208

364

225

180

26

-52

9

-585

227

577

-124

94

667

373

373

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

336

391

332

2,573

522

353

-56

-65

332

585

210

148

63

721

637

Adjustments to reconcile net income to net cash used in operating activities:
Amortization and depreciation

294

307

297

298

290

263

252

239

236

234

232

223

217

299

89

102

104

110

112

125

127

119

114

110

260

395

394

393

390

392

387

389

396

404

401

390

447

Goodwill impairment

800

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share based payment expense

6

51

49

52

64

83

84

87

109

144

145

143

124

96

94

82

77

33

70

51

55

34

48

49

58

60

27

34

38

-

-

-

-

-

-

-

-

Deferred income taxes

1,000

71

-55

62

16

97

-50

52

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revaluation of contingent liability to seller

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt expense

36

12

-25

0

24

-12

-5

30

45

44

49

41

38

113

20

20

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-560

-2,630

-780

-102

1,063

-1,964

-1,247

-16

1,559

-2,872

-1,155

-697

1,576

-916

654

1,630

2,548

-4,046

1,312

557

2,696

-783

-716

934

1,720

-996

2,022

410

-13

672

-878

1,033

-2,383

1,054

349

3,120

-1,521

Prepaid expenses and other current assets

46

-31

-32

4

105

-90

-32

76

63

-107

-28

-32

-500

457

20

-47

226

-160

-97

262

-76

-169

-179

142

-3

-26

9

-24

126

-165

94

28

-6

66

-35

131

-73

Right of use assets-operating

-256

-341

-265

-267

-270

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-2

-

-

-

1

-3

-10

-5

-5

22

0

-10

-39

-133

-10

8

-106

43

172

23

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to models

-698

-1,345

-373

-267

671

-746

-1,035

-22

422

-785

-1,657

-1,998

413

1,887

487

987

1,111

-1,453

283

-304

697

595

-175

1,103

-181

310

1,547

380

-625

-74

-268

-77

-2,088

573

835

-200

981

Lease liabilities-operating

-280

-365

-275

-290

-289

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-438

-9

-593

-443

-2

224

50

651

161

69

-433

647

-1,079

-8

201

746

70

19

-568

56

-413

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent liability to seller

-

-

-

-

-

-

-

-

-

0

0

0

-97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

1,011

-4

-7

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

161

97

85

176

-211

452

227

158

36

269

168

245

-

-

-

0

-

-

-

-

-

-

-

-

Cash paid for business acquisition, net of cash acquired (Note 1)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

282

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) in foreign withholding claim

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

428

-

-

-

-

-

-

-

-

(Decrease) increase in accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

159

Increase in accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

153

757

56

-

-106

940

-487

-

210

365

-225

Net cash used in operating activities

-1,168

1,605

-70

236

-234

2,025

793

1,346

-408

1,832

-451

-250

-1,458

-

-

-

-

-

-

-

-

-

-

-

-

-

612

1,531

-738

-

1,143

60

596

-534

1,226

753

405

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-447

1,352

79

-

-

-

-

-

-

-

176

-

-

-

-

Net cash used by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,008

-1,254

2,822

-370

-314

-1,654

2,237

1,038

2,097

-924

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Purchases of property and equipment

56

90

97

112

95

150

89

42

162

57

122

224

254

476

367

387

364

332

220

318

158

382

138

204

47

77

296

14

34

12

0

26

64

75

77

180

22

Net cash used in investing activities

-56

-90

-97

-112

-95

-150

-89

-42

-162

-57

-122

-224

-254

-

-

-

-

-

-

-

-

-

-

-

-

-

-296

-14

-34

-

1,735

-1,761

-64

-75

-77

-180

-22

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-387

-364

-332

-220

-318

-440

-160

-138

-204

-47

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Proceeds from Amegy line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

500

-

-

-

-

-

-

-

-

Repayment of Amegy line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

800

300

0

400

250

-

-

-

-

-

-

-

-

Purchases of treasury stock

19

32

54

149

24

412

706

46

36

-

0

0

0

0

2,730

0

45

28

350

25

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on finance leases

21

28

19

37

27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of term loan

186

185

166

136

136

134

131

130

129

128

126

124

124

81

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

200

400

Net cash used in financing activities

-226

-245

-239

-322

-187

-246

-137

-176

-165

-128

-126

-124

-124

-

-

-

-

-

-

-

-

-

-

-

-

-

-307

-400

230

-

-

-

-

0

500

-200

-400

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-45

-28

-350

-25

-72

-6

0

0

-800

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency effect on cash flows:

-234

202

-76

-59

28

-41

-24

-75

43

-31

20

20

45

12

-12

-23

-15

-8

-15

9

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents:

-1,684

1,472

-482

-257

-488

1,588

543

1,053

-692

1,616

-679

-578

-1,791

2,010

202

598

-1,678

2,454

-955

-648

-2,164

2,071

900

1,893

-1,771

1,047

9

1,117

-542

-1,949

1,135

-1,701

532

-609

1,649

373

-17

Issuance of contingent consideration to seller

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

171

-

-

-

-

-

-

-

20

-

-

-

-

-

-

-

-

Supplemental disclosures of cash flow information:
Cash paid for interest

24

26

28

30

30

28

25

22

24

36

17

28

29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

8

20

13

16

12

18

11

8

7

7

2

5

14

Cash refund of income taxes

-

-

-

-

-

-

-

-

10

289

18

0

69

-

286

34

0

49

130

105

0

-2

61

144

95

-22

238

93

37

75

237

164

222

204

243

85

100