Wsi industries, inc. (WSCI)
CashFlow / Yearly
Aug'17Aug'16Aug'15Aug'14Aug'13Aug'12Aug'11Aug'10
Cash Flows From Operating Activities:
Net income (loss)

-814

173

997

1,224

729

1,473

899

637

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

1,798

1,832

1,986

2,223

1,864

1,459

1,171

1,074

Amortization

8

4

4

4

1

-

-

-

Deferred taxes

-487

-369

-98

684

385

808

506

339

Net tax benefits related to share based compensation

0

0

15

0

26

32

21

-30

Gain on sale of equipment

0

15

0

0

6

9

-

-

Impairment of property, plant and equipment

147

0

0

-

-

-

-

-

Stock option compensation expense

301

165

235

241

247

198

205

210

Changes in assets and liabilities:
Decrease (increase) in accounts receivable

-1,084

838

-2,978

645

119

1,906

205

351

Decrease (increase) in inventories

84

-2,904

2,184

487

359

904

-168

38

Increase in prepaid and other current assets

-

-

-

-82

-

-

-

-

Prepaid and other current assets

-207

-255

314

-

91

8

166

8

Increase (decrease) in accounts payable and accrued expenses

966

-1,133

-346

598

-605

1,092

132

-259

Net cash provided by operations

3,129

2,977

3,240

3,925

2,020

2,187

2,690

1,634

Cash Flows From Investing Activities:
Proceeds from sale of equipment

0

15

0

0

-

-

-

-

Proceeds from sales of equipment

-

-

-

-

6

9

-

-

Purchase of property, plant and equipment

806

392

192

228

4,220

582

462

60

Net cash provided by (used in) investing activities

-806

-377

-192

-228

-4,214

-573

-462

-60

Cash Flows From Financing Activities:
Proceeds from issuance of long-term debt

3,700

0

0

-

3,151

-

-

-

Payments of long-term debt

5,125

1,527

1,691

1,920

-

-

-

-

Payment of long-term debt

-

-

-

-

1,529

1,198

1,256

2,075

Net tax benefits related to share based compensation

0

0

15

0

26

32

21

-30

Restricted cash requirement

-1,250

1,250

0

0

-

-

-

-

Interest

-

-

-

408

350

317

289

363

Payroll withholding taxes in cashless stock option exercise

-

-

-

39

91

66

56

16

Deferred financing costs

39

0

0

-

20

-

-

-

Issuance of common stock

0

0

8

13

21

-

32

-

Dividends paid

0

233

465

463

461

456

452

-

Net cash provided by (used in) by financing activities

-215

-3,010

-2,132

-2,369

-1,188

-1,622

-1,654

-2,106

Net Increase In Cash And Cash Equivalents

2,107

-410

916

1,327

-1,005

-8

572

-532

Supplemental cash flow information:
Interest

273

309

346

-

-

-

-

-

Income taxes

5

0

468

5

-

-

-

-

Payroll withholding taxes in cashless stock option exercise

30

0

30

-

-

-

-

-

Income taxes

-

-

-

-

24

18

35

15

Noncash investing and financing activities:
Acquisition of machinery through debt

0

0

1,391

0

3,627

3,114

1,280

-

Cash received during the year for income tax refunds

137

398

0

0

-

-

-

-