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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)
  09-2023 06-2023 03-2023 12-2022 09-2022
Cash Flows From Operating Activities
Net Income 27,866 21,144 11,957 55,435 47,547
Depreciation Amortization 21,831 14,377 7,206 28,719 21,189
Income taxes - deferred -3,299 -390 213 -713 245
Accounts receivable -38,850 -48,271 -42,617 6,916 -51,887
Accounts payable and accrued liabilities 15,852 4,323 4,809 -48,604 -31,844
Other Working Capital 50,664 -11,739 -44,068 -147,955 -169,821
Other Operating Activity 58,829 59,926 42,058 78,669 109,096
Operating Cash Flow $132,893 $39,370 $-20,442 $-27,533 $-75,475
Cash Flows From Investing Activities
PPE Investments -17,977 -9,507 -4,363 -25,956 -19,499
Net Acquisitions 2,825 N/A N/A -1,934 N/A
Other Investing Activity 95 66 13 73 12
Investing Cash Flow $-15,057 $-9,441 $-4,350 $-27,817 $-19,487
Cash Flows From Financing Activities
Change In Short Term Borrowing -88,097 -13,742 34,875 16,107 44,398
Debt Issued N/A -47 N/A 97,105 100,000
Debt Repayment -3,799 -2,500 -1,272 -2,500 -2,995
Common Stock Repurchased 0 N/A 0 -29,656 -29,656
Dividend Paid -19,101 -12,799 -6,261 -23,428 -17,602
Other Financing Activity 0 0 0 -2,128 -2,128
Financing Cash Flow $-110,997 $-29,088 $27,342 $55,500 $92,017
Exchange Rate Effect 496 1,028 496 -755 -1,285
Beginning Cash Position 21,150 21,150 21,150 21,755 21,755
End Cash Position 28,485 23,019 24,196 21,150 17,525
Net Cash Flow $7,335 $1,869 $3,046 $-605 $-4,230
Free Cash Flow
Operating Cash Flow 132,893 39,370 -20,442 -27,533 -75,475
Capital Expenditure -17,977 -9,507 -4,363 -25,956 -19,499
Free Cash Flow 114,916 29,863 -24,805 -53,489 -94,974
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