Wsi industries, inc. (WSCI)
CashFlow / Quarterly
May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10
Cash Flows From Operating Activities:
Net income (loss)

466,139

529,239

85,721

89,931

-219,673

-362,192

-322,363

-43,333

78,306

5,737

132,338

-34,254

409,083

455,602

166,637

300,410

320,940

258,243

344,531

136,725

105,786

55,761

431,415

599,800

597,614

170,769

105,179

340,184

397,053

117,788

44,398

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

438,320

404,000

437,617

437,343

455,597

452,935

452,978

451,177

446,667

448,770

485,779

505,766

492,711

482,849

505,187

536,396

549,684

568,728

569,138

547,935

457,190

432,882

426,624

395,694

370,221

366,037

327,665

301,000

302,368

301,527

266,364

Amortization

984

983

983

984

983

5,682

1,002

1,003

1,003

1,002

1,003

1,002

1,003

1,003

1,002

1,003

1,003

1,002

1,003

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes

78,257

-663,297

52,783

91,659

-165,323

-217,492

-196,511

-391,655

252,717

-131,192

-99,425

-75,128

-194,472

105,204

65,843

168,779

176,091

145,402

193,799

73,164

50,110

30,017

232,671

323,454

344,136

96,059

44,522

179,927

238,112

66,256

21,843

Stock option compensation expense

50,272

202,157

57,762

81,522

157,818

36,334

26,052

31,696

49,538

45,778

38,001

53,068

69,312

65,878

46,950

65,602

70,426

60,081

45,553

59,503

80,027

64,887

42,975

50,465

58,023

49,774

39,747

48,656

61,377

54,784

40,415

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

427,405

1,044,280

-419,837

-276,300

460,136

1,505,219

-2,773,513

2,102,268

-578,658

-561,551

-123,770

-1,106,130

-352,755

-530,640

-988,717

1,133,976

-576,007

591,803

-504,559

738,049

616,286

-222,646

-1,012,391

-30,621

1,243,132

1,070,069

-375,820

342,473

-80,671

-437,681

381,019

Decrease (increase) in inventories

-1,126,542

-223,558

1,624,116

341,641

-384,566

-351,383

478,475

-749,258

-760,825

-59,097

-1,335,014

267,455

846,415

303,234

767,575

37,726

385,983

-26,028

89,840

152,420

-537,181

94,713

649,164

99,087

271,314

262,588

271,076

-301,403

94,891

-107,289

144,843

Increase in prepaid and other current assets

50,627

13,077

-23,719

-

95,164

-42,736

-18,231

-

202,653

47,431

-99,945

-

-137,945

308,364

46,804

-

-

-

-

-

-

-

-

-

-

-

-

-

120,937

34,555

-98,938

Prepaid and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76,477

47,676

-244,888

273,487

-122,233

-73,877

14,473

-

-

305,153

-63,098

-

-

-

-

Increase (decrease) in accounts payable and accrued expenses

-551,374

-932,013

946,295

-247,243

855,500

754,603

-396,512

-9,968

-855,620

394,388

-662,497

182,568

-301,946

296,887

-524,358

449,135

-46,106

555,841

-360,815

475,277

34,919

-593,661

-522,328

460,098

496,230

296,643

-160,812

388,325

136,447

-238,534

-153,518

Net cash provided by operations

1,131,108

-1,292,730

400,601

630,894

1,061,670

-441,230

1,877,915

-908,138

1,094,441

1,337,700

1,453,928

1,358,670

119,976

1,326,465

435,599

311,671

1,185,585

975,846

1,452,816

510,714

520,928

29,035

960,111

2,343,270

-21,169

-658,528

524,143

1,107,023

1,145,281

-208,594

646,426

Cash Flows From Investing Activities:
Proceeds from sale of equipment

-

-

-

-

-

-

-

0

88,778

-24,164

-49,614

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property, plant and equipment

-655,049

197,871

973,095

20,640

709,206

61,406

15,093

-

-

-

-

64,594

48,887

45,833

32,695

38,252

16,729

147,636

26,130

557,962

727,551

1,997,887

937,579

115,224

160,719

101,205

205,156

146,507

22,249

207,384

86,448

Equipment advance payments exchanged with debt

-

0

1,091,722

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-436,673

-197,871

118,627

-20,640

-709,206

-61,406

-15,093

-101,203

-202,330

-24,164

-49,614

-64,594

-48,887

-45,833

-32,695

-38,252

-16,729

-147,636

-26,130

-557,962

-721,450

-1,997,887

-937,579

-106,224

-160,719

-101,205

-205,156

-146,507

-22,249

-207,384

-86,448

Cash Flows From Financing Activities:
Payments of long-term debt

412,131

355,103

379,083

380,902

382,953

3,978,305

383,799

380,234

377,294

373,204

396,649

406,135

442,210

413,204

430,011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

471,467

494,916

491,215

455,089

360,965

359,002

354,321

321,812

303,304

303,297

270,419

246,627

519,578

256,439

234,213

Interest

-

-

-

-

-

-

-

-

75,108

79,198

82,883

-

88,061

82,881

88,469

93,729

98,327

102,826

113,610

117,491

70,569

80,897

81,626

81,529

79,698

80,626

75,453

65,137

74,725

77,768

71,644

Payroll withholding taxes in cashless stock option exercise

-

-

-

-

-

-

-

-

-

-

-

-

0

2,683

230

2,846

6,022

17,844

12,797

2,861

0

27,607

61,164

30,789

0

29,297

6,513

0

-21,901

57,181

21,324

Dividends paid

-

-

-

-

-

-

-

0

0

116,779

116,781

116,497

116,498

116,177

116,165

116,160

116,150

115,758

115,704

115,595

115,564

115,553

115,129

114,176

114,170

114,171

113,564

113,418

113,416

113,096

112,207

Net cash provided by (used in) by financing activities

153,437

-424,254

-379,083

-351,143

-412,712

932,359

-383,799

-1,630,234

-377,294

-489,983

-513,430

-506,747

-558,708

-520,861

-546,176

-578,583

-587,616

-596,835

-606,919

-2,961,742

151,987

2,090,858

-469,450

-403,604

-417,474

-417,468

-383,983

-360,045

-611,093

-337,025

-346,420

Net Increase In Cash And Cash Equivalents

847,872

-1,914,855

140,145

259,111

-60,248

429,723

1,479,023

-2,639,575

514,817

823,553

890,884

787,329

-487,619

759,771

-143,272

-305,164

581,240

231,375

819,767

-632,296

-48,535

122,006

-446,918

1,833,442

-599,362

-1,177,201

-64,996

600,471

511,939

-753,003

213,558

Supplemental cash flow information:
Interest

81,141

70,988

77,425

69,519

68,089

66,988

68,603

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

2,350

5,000

0

1,700

1,700

0

2,500

-757

757

0

0

0

319,235

129,500

20,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payroll withholding taxes in cashless stock option exercise

-

-

26,196

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,745

9,394

1,348

10,000

1,829

5,978

0

11,000

0

0

7,641

28,000

Noncash investing and financing activities:
Acquisition of machinery through debt

891,679

0

1,091,722

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

1,559,726

1,559,726

0

508,086

1,128,157

223,548

383,415

1,378,958

336,000

0

390,450

553,613