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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
Credit Analysis

MATRIX SERVICE CO (MTRX)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q10-Q8-K10-Q10-Q10-Q10-K
Operating activities:          
    Net loss  -12.7-32.8-6.577.4-34.9-24.9-17.5-10.7
    Adjustments to reconcile net loss to net cash provided (used) by operating activities:          
        Depreciation and amortization  3.33.53.6 3.73.84.14.2
        Goodwill impairment   12.3  18.3   
        Stock-based compensation expense  1.41.72.1 2.11.91.91.7
        Operating lease impairment due to restructuring          
        Deferred income tax      0.010.7-5.3-0.6
        Gain on sale of property, plant and equipment  -0.10.00.10.7-0.60.0-0.1-0.1
        Provision for uncollectible accounts  0.00.0-0.1 0.10.00.00.1
        Other  0.10.10.1 0.10.0 0.1
        Changes in operating assets and liabilities increasing (decreasing) cash:          
            Accounts receivable  18.6-32.74.6 -16.223.33.18.5
            Costs and estimated earnings in excess of billings on uncompleted contracts  -6.813.0-14.915.6-11.9-0.7-3.07.2
            Inventories  0.00.41.6 -0.60.01.0-1.1
            Other assets and liabilities  15.6-1.8-3.42.81.02.1-5.9-4.1
            Accounts payable  -14.611.6-6.4 12.1-10.05.110.6
            Billings on uncompleted contracts in excess of costs and estimated earnings  15.046.5-11.8 -11.033.9-2.9-4.2
            Accrued expenses  0.2-4.1-4.26.73.9-9.5-1.1-1.4
                Net cash provided (used) by operating activities  20.017.6-35.222.5-33.930.5-19.210.2
   
Investing activities:          
    Capital expenditures  -3.4-1.3-1.61.3-0.8-0.4-0.2-0.5
    Proceeds from asset sales  0.10.00.0 1.10.00.10.3
        Net cash used by investing activities  -3.3-1.2-1.60.10.4-0.3-0.1-0.2
   
Financing activities:          
    Advances under asset-backed credit facility   10.0      
    Repayments of advances under senior secured revolving credit facility   -10.0      
    Payment of debt amendment fees     1.10.0-0.1-0.9-0.4
    Issuances of common stock  0.10.10.1 0.20.10.10.1
    Proceeds from issuance of common stock under employee stock purchase plan  0.10.10.1 0.10.10.10.1
    Repurchase of common stock for payment of statutory taxes due on equity-based compensation    -0.30.9  -0.9 
        Net cash used by financing activities  0.10.1-0.21.9-0.10.1-1.8-0.1
   
Supplemental disclosure of cash flow information:          
    Income taxes  -13.3  2.8-2.5-0.3 0.3
    Interest, including payment of debt amendment fees  0.60.60.4 0.70.21.60.4
    Non-cash investing and financing activities:          
        Purchases of property, plant and equipment on account  -0.40.40.1 0.10.00.10.1

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