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Standard Motor Products (SMP)

Standard Motor Products (SMP)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  06-2008 03-2008 12-2007 09-2007 06-2007
Cash Flows From Operating Activities
Net Income 11,926 13,021 2,275 10,598 7,964
Depreciation Amortization 6,958 3,412 15,181 11,256 7,472
Income taxes - deferred 15,334 4,390 -3,200 1,439 1,969
Accounts receivable -75,830 -53,016 -19,866 -52,423 -65,332
Accounts payable and accrued liabilities 4,100 7,050 9,861 5,790 10,843
Other Working Capital -68,021 -51,088 -33,434 -43,935 -61,229
Other Operating Activity 56,340 28,854 22,252 54,963 58,851
Operating Cash Flow $-49,193 $-47,377 $-6,931 $-12,312 $-39,462
Cash Flows From Investing Activities
PPE Investments -5,323 -2,841 -13,847 -9,480 -6,028
Net Acquisitions N/A N/A -3,759 N/A N/A
Other Investing Activity 37,341 37,341 4,173 4,173 0
Investing Cash Flow $32,018 $34,500 $-13,433 $-5,307 $-6,028
Cash Flows From Financing Activities
Change In Short Term Borrowing 28,613 24,486 16,993 18,175 42,239
Debt Issued N/A -104 N/A N/A N/A
Debt Repayment -8,011 -7,755 -629 -495 -364
Common Stock Issued N/A N/A 4,185 4,185 4,175
Common Stock Repurchased N/A N/A -4,997 -4,997 N/A
Dividend Paid -3,313 -1,648 -6,683 -5,043 -3,348
Other Financing Activity 0 0 -411 454 491
Financing Cash Flow $17,289 $14,979 $8,458 $12,279 $43,193
Exchange Rate Effect -1,057 -770 2,819 2,441 1,516
Beginning Cash Position 13,261 13,261 22,348 22,348 22,348
End Cash Position 12,318 14,593 13,261 19,449 21,567
Net Cash Flow $-943 $1,332 $-9,087 $-2,899 $-781
Free Cash Flow
Operating Cash Flow -49,193 -47,377 -6,931 -12,312 -39,462
Capital Expenditure -5,347 -2,850 -13,995 -9,613 -6,057
Free Cash Flow -54,540 -50,227 -20,926 -21,925 -45,519
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