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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)
  06-2023 03-2023 12-2022 09-2022 06-2022
Cash Flows From Operating Activities
Net Income 21,144 11,957 55,435 47,547 38,649
Depreciation Amortization 14,377 7,206 28,719 21,189 14,057
Income taxes - deferred -390 213 -713 245 2,090
Accounts receivable -48,271 -42,617 6,916 -51,887 -49,659
Accounts payable and accrued liabilities 4,323 4,809 -48,604 -31,844 1,591
Other Working Capital -11,739 -44,068 -147,955 -169,821 -158,706
Other Operating Activity 59,926 42,058 78,669 109,096 56,645
Operating Cash Flow $39,370 $-20,442 $-27,533 $-75,475 $-95,333
Cash Flows From Investing Activities
PPE Investments -9,507 -4,363 -25,956 -19,499 -13,203
Net Acquisitions N/A N/A -1,934 N/A N/A
Other Investing Activity 66 13 73 12 0
Investing Cash Flow $-9,441 $-4,350 $-27,817 $-19,487 $-13,203
Cash Flows From Financing Activities
Change In Short Term Borrowing -13,742 34,875 16,107 44,398 41,105
Debt Issued -47 N/A 97,105 100,000 100,117
Debt Repayment -2,500 -1,272 -2,500 -2,995 0
Common Stock Repurchased N/A 0 -29,656 -29,656 -25,605
Dividend Paid -12,799 -6,261 -23,428 -17,602 -11,822
Other Financing Activity 0 0 -2,128 -2,128 -2,128
Financing Cash Flow $-29,088 $27,342 $55,500 $92,017 $101,667
Exchange Rate Effect 1,028 496 -755 -1,285 -700
Beginning Cash Position 21,150 21,150 21,755 21,755 21,755
End Cash Position 23,019 24,196 21,150 17,525 14,186
Net Cash Flow $1,869 $3,046 $-605 $-4,230 $-7,569
Free Cash Flow
Operating Cash Flow 39,370 -20,442 -27,533 -75,475 -95,333
Capital Expenditure -9,507 -4,363 -25,956 -19,499 -13,203
Free Cash Flow 29,863 -24,805 -53,489 -94,974 -108,536
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