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ANAREN INC (ANEN)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-13Sep-30-13Jun-30-13Mar-31-13Dec-31-12Sep-30-12Jun-30-12Mar-31-12
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
CASH FLOWS FROM OPERATING ACTIVITIES:          
    Net income  2.83.0 5.33.52.9 2.0
    Adjustments to reconcile net income to net cash from operating activities:          
        Depreciation  1.81.8  1.91.9 2.0
        Gain on disposal of fixed assets  -0.6       
        Amortization  0.20.3  0.30.4 0.5
        Deferred income taxes  -0.20.6  0.60.1 -0.2
        Equity-based compensation  0.90.9  1.01.1 0.9
        Changes in operating assets and liabilities:          
            Receivables  0.20.3  1.1-3.9 -1.4
            Inventories  -0.9-1.3  -1.3-0.4 -1.1
            Prepaid expenses and other assets  0.50.0  -1.40.4 0.6
            Accounts payable  3.6-0.7  -1.1-1.0 -2.6
            Accrued expenses  0.5-1.6  -0.40.7 1.0
            Customer advance payments  -0.50.0  0.0-0.1 0.8
            Other liabilities  -0.20.1  0.70.1 0.0
            Pension and postretirement benefit obligation  -0.20.1  0.00.1 -0.1
                Net cash provided by operating activities  7.93.5 5.34.92.1 2.3
   
CASH FLOWS FROM INVESTING ACTIVITIES:          
    Capital expenditures  -1.3-2.5  -0.9-1.3 -1.4
    Proceeds from sale of property, plant, and equipment  0.6   5.00.2  
    Purchase of Cellular Machines LLC   -0.4      
    Maturities and sales of held to maturity securities  9.2   9.1  3.5
        Net cash provided by investing activities  6.5-0.9  7.84.3 -2.0
   
CASH FLOWS FROM FINANCING ACTIVITIES:          
    Proceeds from long-term debt obligation       8.0  
    Stock options exercised  2.40.4  0.11.4 0.0
    Excess tax benefit  0.20.4  0.10.5 0.0
    Purchase of treasury stock  -1.2-1.5  -11.2-8.9 -1.1
        Net cash provided by (used in) financing activities  1.4-0.8  -11.00.9 -1.1
Effect of exchange rates on cash  0.10.1  0.00.0 0.1
    Net increase in cash and cash equivalents  15.91.9  1.77.2 -0.6
Cash and cash equivalents, beginning of period   44.3   21.0  
Cash and cash equivalents, end of period  15.946.2 31.81.728.3 -0.6
   
Supplemental disclosures of cash flow information:          
    Cash paid during the period for:          
        Interest   0.0  0.10.0 0.0
        Income tax payments, net  1.40.4  2.5  0.0

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