Quarterly
Annual
| Unit: USD | 2018-12-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 |
|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||
net income | -1,317,000 | -10,118,000 | 1,639,000 | 4,526,000 | 6,230,000 | 565,000 | 6,136,000 | 7,946,000 | 10,323,000 |
adjustments to reconcile net income to net cash from operating activities - | |||||||||
depreciation and amortization | 4,836,000 | 5,893,000 | 5,510,000 | 5,473,000 | 5,280,000 | 4,680,000 | 4,918,000 | 3,588,000 | 3,544,000 |
amortization of deferred financing fees | |||||||||
loss on disposition of property and equipment | -151,000 | 52,000 | 30,000 | 30,000 | 9,000 | ||||
stock-based compensation | 181,000 | 210,000 | 305,000 | 199,000 | 1,237,000 | 159,000 | 243,000 | 227,000 | 177,000 |
other long-term assets | 191,000 | 222,000 | 1,199,000 | -3,231,000 | -380,000 | 1,429,000 | 23,000 | -232,000 | |
other long-term liabilities | -389,000 | 385,000 | -569,000 | 1,824,000 | -252,000 | 603,000 | 1,281,000 | 1,603,000 | |
changes in working capital: | |||||||||
accounts receivable | 38,170,000 | 39,593,000 | 6,419,000 | 8,408,000 | -44,682,000 | 32,008,000 | 8,279,000 | -3,584,000 | -54,045,000 |
inventories | -2,540,000 | -1,325,000 | 23,577,000 | 5,451,000 | -39,961,000 | 14,667,000 | -33,759,000 | -8,668,000 | 1,696,000 |
prepaid expenses and other | -4,129,000 | -5,412,000 | 937,000 | -482,000 | 3,240,000 | 6,077,000 | -4,894,000 | -1,649,000 | 682,000 |
accounts payable | -34,028,000 | -633,000 | -10,823,000 | -22,677,000 | 31,305,000 | -25,708,000 | 18,849,000 | -1,747,000 | 17,277,000 |
change in outstanding checks | 11,077,000 | 3,350,000 | -7,105,000 | 2,258,000 | 1,371,000 | -5,445,000 | 5,202,000 | 4,272,000 | 5,000 |
accrued payroll and other accrued liabilities | 2,199,000 | 790,000 | -1,172,000 | 2,849,000 | -2,067,000 | -2,913,000 | -5,463,000 | -1,144,000 | -3,633,000 |
net cash from operating activities | 12,632,000 | 42,514,000 | 16,637,000 | 8,016,000 | -39,817,000 | 25,628,000 | 7,692,000 | -995,000 | -16,485,000 |
cash flows used for investing activities: | |||||||||
capital expenditures | -5,349,000 | -3,083,000 | -4,607,000 | -7,714,000 | -7,969,000 | -14,869,000 | -8,202,000 | -8,513,000 | -7,903,000 |
free cash flows | 7,283,000 | 39,431,000 | 12,030,000 | 302,000 | -47,786,000 | 10,759,000 | -510,000 | -9,508,000 | -24,388,000 |
proceeds from disposition of property and equipment | 46,000 | 250,000 | 234,000 | 0 | 2,000 | 5,000 | 12,000 | 10,000 | 2,000 |
net cash from investing activities | -5,303,000 | -2,833,000 | -4,373,000 | -7,714,000 | -7,967,000 | -13,652,000 | -156,274,000 | -8,503,000 | -7,901,000 |
cash flows from financing activities: | |||||||||
credit facility revolver borrowings | 169,085,000 | 97,435,000 | 134,455,000 | 149,410,000 | 154,060,000 | 457,249,000 | 83,270,000 | 10,250,000 | 25,705,000 |
credit facility revolver repayments | -171,038,000 | -130,875,000 | -143,355,000 | -147,960,000 | -106,000,000 | ||||
principal payment under finance lease obligation | |||||||||
credit facility fees and expenses | -101,000 | -3,000 | -6,000 | -118,000 | -1,085,000 | -27,000 | -3,433,000 | ||
dividends paid on common stock | |||||||||
net cash from financing activities | -2,277,000 | -35,731,000 | -11,248,000 | -1,742,000 | 44,637,000 | -5,784,000 | 147,406,000 | 9,281,000 | 25,498,000 |
cash and cash equivalents: | |||||||||
net change | 5,052,000 | 3,950,000 | 1,016,000 | -1,440,000 | -3,147,000 | 6,192,000 | -1,176,000 | -217,000 | 1,112,000 |
beginning balance | 0 | 0 | 0 | 0 | 7,403,000 | 0 | 0 | 0 | 1,492,000 |
ending balance | 5,052,000 | 3,950,000 | 1,016,000 | -1,440,000 | 4,256,000 | 6,192,000 | -1,176,000 | -217,000 | 2,604,000 |
cash flows from investing activities: | |||||||||
gain on disposition of property and equipment | |||||||||
deferred income taxes and other long-term liabilities | |||||||||
cash flows from (used for) investing activities: | |||||||||
acquisitions | |||||||||
cash flows from (used for) financing activities: | |||||||||
principal payments under finance lease obligation | |||||||||
dividends paid | -220,000 | -218,000 | -219,000 | -218,000 | -218,000 | -218,000 | -218,000 | -218,000 | -218,000 |
acquisition, net of cash acquired | |||||||||
cash flows (used for) from operating activities: | |||||||||
adjustments to reconcile net income to net cash (used for) from operating activities - | |||||||||
net cash (used for) from operating activities | |||||||||
gain on disposition of detroit operation | |||||||||
intangibles and other long-term assets | |||||||||
proceeds from sale of detroit property and equipment | |||||||||
cash flows from (used for) operating activities: | |||||||||
gain on disposition of property and equipment | |||||||||
acquisition | |||||||||
principal payment under capital lease obligation | |||||||||
acquisitions, net of cash acquired | |||||||||
net cash (used for) from investing activities | |||||||||
(gain) on disposition of property and equipment | |||||||||
net cash (used for) investing activities | |||||||||
principal payment under finance type lease obligation | |||||||||
(gain) loss on disposition of property and equipment | |||||||||
repurchase of common stock | |||||||||
principal payments under capital lease obligation | |||||||||
industrial revenue bond repayments | 0 | 0 | 0 | ||||||
proceeds from employee stock options | |||||||||
proceeds from exercise of stock options | |||||||||
acquisition of net assets | |||||||||
proceeds from exercise of stock options (including tax benefits) and employee stock purchases | 157,000 | 104,000 | 125,000 | 119,000 | 0 | ||||
goodwill and intangible asset impairment | |||||||||
term loan repayments | -2,187,000 | -2,187,000 | -2,187,000 | -2,188,000 | -1,458,000 | ||||
principal payments under capital lease obligations | -40,000 | -40,000 | -39,000 | -51,000 | -26,000 | ||||
insurance recovery receivable | |||||||||
purchase price inventory adjustment | |||||||||
goodwill impairment | |||||||||
asset impairment of joint venture real estate | |||||||||
long-term deferred income taxes | 6,670,000 | 1,284,000 | -404,000 | 1,032,000 | |||||
income taxes receivable and deferred | 5,324,000 | -3,106,000 | 1,207,000 | -363,000 | -6,662,000 | 4,839,000 | -1,166,000 | 5,077,000 | |
acquisition of chicago tube and iron, net of cash acquired | 0 | ||||||||
proceeds from assets held for sale | 1,212,000 | ||||||||
term loan borrowings | 0 | ||||||||
asset impairment of idled real estate | |||||||||
assets held for sale | |||||||||
proceeds from exercise of stock options (including tax benefit) and employee stock purchases | 9,000 | 11,000 | |||||||
adjustments to reconcile net income to net cash from operating activities | |||||||||
change in outstanding in checks | |||||||||
credit facility revolver borrowings (payments) | |||||||||
net increase | |||||||||
adjustments to reconcile net income to net cash from operating activities — | |||||||||
inventory lower of cost or market adjustment | |||||||||
adjustments to reconcile net income to net cash from | |||||||||
operating activities - | |||||||||
depreciation | |||||||||
adjustments to reconcile net income to net cash from operating activities (net of effects from 2006 purchases of gsp and ps&w) — | |||||||||
income from joint ventures, net of distributions and consolidation of gsp | |||||||||
loss on disposition of joint venture | |||||||||
stock based compensation | |||||||||
purchase of gsp interest | |||||||||
purchase of ps&w | |||||||||
debt repayments | |||||||||
credit facility revolver payments | |||||||||
and employee stock purchases | |||||||||
adjustments to reconcile net income to net cash from operating activities (net of effects from purchases of gsp and ps&w) - | |||||||||
income from joint ventures, net of distributions | |||||||||
income from disposition of joint venture | |||||||||
repayments of debt | |||||||||
adjustments to reconcile net income to net cash from operating activities— | |||||||||
adjustments to reconcile net income to net cash from operating activities (net of effects from purchases of gsp and ps&w) - - depreciation and amortization | |||||||||
loss (income) from joint ventures, net of distributions and consolidation of gsp | |||||||||
asset impairment charge | |||||||||
credit facility closing fees and expenses | |||||||||
repayment of officer note receivable | |||||||||
proceeds from exercise of stock options and employee stock purchases | |||||||||
adjustments to reconcile net income to net cash from operating activities (net of effects from purchases of gsp and ps&w) — | |||||||||
(income) income from joint ventures, net of distributions and consolidation of gsp | |||||||||
adjustments to reconcile net income to net cash from operating activities- | |||||||||
(income) income from joint ventures, net of distributions | |||||||||
tax benefit from exercise of stock options | |||||||||
scheduled repayments of long-term debt | |||||||||
investments in joint ventures | |||||||||
escrowed cash restricted for payment of debt | |||||||||
net proceeds from disposition of property and equipment | |||||||||
repayments of long-term debt | |||||||||
cash: | |||||||||
unprocessed | |||||||||
processed and finished | |||||||||
totals | |||||||||
accrued payroll and other | |||||||||
repayments of refinanced debt | |||||||||
proceeds from debt refinancings | |||||||||
balance at december 31, 2001 | |||||||||
interest on officer note | |||||||||
payment of interest on officer note | |||||||||
exercise of stock options and employee stock purchases | |||||||||
balance at december 31, 2002 | |||||||||
balance at december 31, 2003 | |||||||||
repayment of officer note principal | |||||||||
balance at december 31, 2004 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.