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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)
  09-2024 06-2024 03-2024 12-2023 09-2023
Cash Flows From Operating Activities
Net Income 30,482 26,397 8,990 34,352 27,866
Depreciation Amortization 23,663 14,859 7,421 29,513 21,831
Income taxes - deferred -4,408 -241 -180 -6,952 -3,299
Accounts receivable -59,040 -81,060 -43,978 7,965 -38,850
Accounts payable and accrued liabilities 4,487 -2,168 -9,274 19,645 15,852
Other Working Capital -3,490 -58,671 -65,518 44,846 50,664
Other Operating Activity 86,506 90,745 56,823 14,891 58,829
Operating Cash Flow $78,200 $-10,139 $-45,716 $144,260 $132,893
Cash Flows From Investing Activities
PPE Investments -34,136 -22,941 -10,086 -28,633 -17,977
Net Acquisitions N/A N/A N/A 2,825 2,825
Other Investing Activity 18 18 15 108 95
Investing Cash Flow $-34,118 $-22,923 $-10,071 $-25,700 $-15,057
Cash Flows From Financing Activities
Change In Short Term Borrowing 77,049 54,700 60,265 -78,689 -88,097
Debt Issued 2,578 -14 N/A -58 N/A
Debt Repayment -92,500 -2,500 -1,258 -5,000 -3,799
Common Stock Repurchased -10,409 -10,409 -2,235 N/A 0
Dividend Paid -20,204 -13,306 -6,392 -25,864 -19,101
Other Financing Activity -4,183 0 0 0 0
Financing Cash Flow $-47,669 $28,471 $50,380 $-109,611 $-110,997
Exchange Rate Effect -2,591 -1,779 -6 2,427 496
Beginning Cash Position 32,526 32,526 32,526 21,150 21,150
End Cash Position 26,348 26,156 27,113 32,526 28,485
Net Cash Flow $-6,178 $-6,370 $-5,413 $11,376 $7,335
Free Cash Flow
Operating Cash Flow 78,200 -10,139 -45,716 144,260 132,893
Capital Expenditure -34,136 -22,941 -10,086 -28,633 -17,977
Free Cash Flow 44,064 -33,080 -55,802 115,627 114,916
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