Versar (VSR) Cash Flow Statement

Click line-items for a historical chart and %

Cash flows from operating activities:
Net income	-13.65M
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation and amortization	2.38M
Loss on sale of property and equipment	0
Provision for doubtful accounts receivable
Loss on life insurance policy cash surrender value
Deferred taxes, net	-7.74M
Share based compensation	285K
Changes in assets and liabilities:
(Increase) decrease in accounts receivable	19.98M
(Increase) decrease in prepaid and other assets	-110K
(Decrease) increase in inventories	-91K
Increase (decrease) in accounts payable	-21.06M
(Decrease) increase in accrued salaries and vacation	-465K
Increase (decrease) in other assets and liabilities	2.05M
Net cash (used in) provided by operating activities	892K
Cash flows used in investing activities:
Purchase of property and equipment	-459K
Payments to settle earn-out obligations
Premiums paid on life insurance policies	0
Receipts on notes receivable
Net cash used in investing activities	-10.92M
Cash flows used in financing activities:
Repayment of notes payable	-2.21M
Purchase of treasury stock	-18K
Net cash used in financing activities	10.9M
Effect of exchange rate changes	8K
Net (decrease) increase in cash and cash equivalents	883K
Cash and cash equivalents at the beginning of the period	2.11M
Cash and cash equivalents at the end of the period	2.99M

Entities mentioned with VSR