Standard Motor Products (SMP)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 34,352 | 55,435 | 90,954 | 57,393 | 57,917 |
| Depreciation Amortization | 29,513 | 28,719 | 27,471 | 29,151 | 26,034 |
| Income taxes - deferred | -6,952 | -713 | -1,801 | -8,334 | 4,736 |
| Accounts receivable | 7,965 | 6,916 | 28,464 | -71,933 | 2,789 |
| Accounts payable and accrued liabilities | 19,645 | -48,604 | 33,046 | 7,428 | -1,950 |
| Other Working Capital | 44,846 | -147,955 | -48,090 | -20,142 | -34,027 |
| Other Operating Activity | 14,891 | 78,669 | -44,480 | 104,333 | 21,429 |
| Operating Cash Flow | $144,260 | $-27,533 | $85,564 | $97,896 | $76,928 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -28,633 | -25,956 | -25,875 | -17,820 | -16,185 |
| Net Acquisitions | 2,825 | -1,934 | -125,419 | N/A | -38,689 |
| Other Investing Activity | 108 | 73 | 45 | 21 | 62 |
| Investing Cash Flow | $-25,700 | $-27,817 | $-151,249 | $-17,799 | $-54,812 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -78,689 | 16,107 | 115,545 | -42,568 | 8,864 |
| Debt Issued | -58 | 97,105 | 3,048 | -4,248 | -911 |
| Debt Repayment | -5,000 | -2,500 | N/A | N/A | N/A |
| Common Stock Repurchased | N/A | -29,656 | -26,862 | -13,482 | -10,738 |
| Dividend Paid | -25,864 | -23,428 | -22,719 | -11,218 | -20,593 |
| Other Financing Activity | 0 | -2,128 | 0 | 0 | 0 |
| Financing Cash Flow | $-109,611 | $55,500 | $69,012 | $-71,516 | $-23,378 |
| Exchange Rate Effect | 2,427 | -755 | -1,060 | 535 | 496 |
| Beginning Cash Position | 21,150 | 21,755 | 19,488 | 10,372 | 11,138 |
| End Cash Position | 32,526 | 21,150 | 21,755 | 19,488 | 10,372 |
| Net Cash Flow | $11,376 | $-605 | $2,267 | $9,116 | $-766 |
| Free Cash Flow | |||||
| Operating Cash Flow | 144,260 | -27,533 | 85,564 | 97,896 | 76,928 |
| Capital Expenditure | -28,633 | -25,956 | -25,875 | -17,820 | -16,185 |
| Free Cash Flow | 115,627 | -53,489 | 59,689 | 80,076 | 60,743 |