Component: (Network and Table)
Network
00400 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.alliedmotion.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000046129 (http://www.sec.gov/CIK)
CONSOLIDATED STATEMENTS OF CASH FLOWSPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONSOLIDATED STATEMENTS OF CASH FLOWS
 
 
 
Cash Flows From Operating Activities:
 
 
 
Net income
9,078,000  
11,074,000  
13,860,000  
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization
9,749,000  
7,466,000  
7,267,000  
Deferred income taxes
1,770,000  
1,417,000  
1,208,000  
Excess tax benefit from stock-based payment arrangements
 
(1,461,000) 
 
Provision for doubtful accounts
167,000  
333,000  
473,000  
Provision for excess and obsolete inventory
351,000  
432,000  
753,000  
Provision for warranty
(138,000) 
142,000  
234,000  
Write-off of debt issue costs on Prior Credit agreement recorded in interest expense (Note 6)
1,052,000  
  
Debt issue cost amortization recorded in interest expense
380,000  
  
Restricted stock compensation
1,893,000  
1,744,000  
1,541,000  
Other
(652,000) 
216,000  
429,000  
Changes in operating assets and liabilities, excluding changes due to acquisition:
 
 
 
(Increase) decrease in trade receivables, net
(3,719,000) 
3,655,000  
(2,504,000) 
(Increase) decrease in inventories
(928,000) 
(2,262,000) 
(2,864,000) 
(Increase) decrease in prepaid expenses and other assets
69,000  
(1,394,000) 
194,000  
Increase (decrease) in accounts payable
(956,000) 
(1,874,000) 
752,000  
Increase (decrease) in accrued liabilities and other liabilities
(3,813,000) 
585,000  
(1,157,000) 
Net cash provided by operating activities
14,303,000  
 
20,073,000  
 
20,186,000  
 
Cash Flows From Investing Activities:
 
 
 
Proceeds from working capital adjustment and (consideration paid for acquisition, net of cash acquired)
(16,205,000) 
 
1,397,000  
Purchase of property and equipment
(5,188,000) 
(4,730,000) 
(4,046,000) 
Net cash used in investing activities
(21,393,000) 
 
(4,730,000) 
 
(2,649,000) 
 
Cash Flows From Financing Activities:
 
 
 
Borrowings (repayments) on lines-of-credit, net
(5,709,000) 
383,000  
(7,541,000) 
Principal payments of long-term debt
(67,125,000) 
(6,375,000) 
(5,250,000) 
Proceeds from issuance of long-term debt
76,321,000  
  
Change in restricted cash obligations
  
1,800,000  
Payment of debt issuance costs
(745,000) 
  
Dividends paid to stockholders
(942,000) 
(923,000) 
(853,000) 
Shares withheld for payment of employee payroll taxes
(1,054,000) 
(1,559,000) 
 
Excess tax benefit from stock-based payment arrangements
 
1,461,000  
 
Stock transactions under employee benefit stock plans
834,000  
918,000  
344,000  
Net cash provided by (used in) by financing activities
1,580,000  
 
(6,095,000) 
 
(11,500,000) 
 
Effect of foreign exchange rate changes on cash
(285,000) 
(1,083,000) 
(1,295,000) 
Net (decrease) increase in cash and cash equivalents
(5,795,000) 
 
8,165,000  
 
4,742,000  
 
Cash and cash equivalents at beginning of period
21,278,000  
13,113,000  
8,371,000  
Cash and cash equivalents at end of period
15,483,000  
 
21,278,000  
 
13,113,000  
 
Supplemental disclosure of cash flow information:
 
 
 
Net cash paid during the period for:
 
 
 
Interest
5,048,000  
5,575,000  
6,014,000  
Income taxes
1,148,000  
2,125,000  
5,921,000