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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Cash flows from operating activities:    
Net loss attributable to Cohu $ (28,662) $ (52,434)
Net income attributable to noncontrolling interest 0 62
Adjustments to reconcile net loss to net cash provided by operating activities:    
Gain on disposal of discontinued operation (35) 0
Gain on extinguishment of debt (293) 0
Impairment charges related to indefinite lived intangibles 11,249 0
Gain from sale of property, plant and equipment (4,328) (350)
Depreciation and amortization 39,283 45,353
Share-based compensation expense 10,313 10,861
Amortization of inventory step-up and inventory related charges 4,281 5,939
Deferred income taxes (5,194) (7,698)
Increase in accrued retiree medical benefits 757 281
Changes in other accrued liabilities (601) 3,999
Changes in other assets 144 (2,853)
Amortization of cloud-based software implementation costs 830 0
Interest capitalized associated with cloud computing implementation (95) (68)
Amortization of debt discounts and issuance costs 892 826
Changes in assets and liabilities:    
Customer advances (988) 1,480
Accounts receivable 13,028 21,757
Inventories (11,399) (660)
Other current assets 2,241 (7,304)
Accounts payable (3,475) (2,804)
Deferred profit 4,170 1,096
Income taxes payable (1,245) (3,747)
Accrued compensation, warranty and other liabilities (2,631) (10,298)
Operating lease right-of-use assets 5,237 0
Current and long-term operating lease liabilities (5,459) 0
Net cash provided by operating activities 28,020 3,438
Cash flows from investing activities:    
Net cash received from sale of fixtures services business 2,975 0
Cash received from sale of property, plant and equipment 16,982 1,519
Purchases of property, plant and equipment (13,559) (13,347)
Net cash provided by (used in) investing activities 6,398 (11,828)
Cash flows from financing activities:    
Cash dividends paid (4,971) (7,359)
Repurchases of common stock, net (220) (1,212)
Proceeds from revolving line of credit and construction loans 5,878 3,720
Repayments of long-term debt (20,246) (3,598)
Net cash used in financing activities (19,559) (8,449)
Effect of exchange rate changes on cash and cash equivalents (863) (1,812)
Net increase (decrease) in cash and cash equivalents 13,996 (18,651)
Cash and cash equivalents including discontinued operations at beginning of period 155,930 164,921
Cash and cash equivalents including discontinued operations at end of period 169,926 146,270
Cash held by discontinued operations at end of period 0 (1,176)
Cash and cash equivalents from continuing operations at end of period 169,926 145,094
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 5,122 13,275
Inventory capitalized as property, plant and equipment 827 261
Dividends declared but not yet paid 0 2,468
Property, plant and equipment purchases included in accounts payable 1,635 853
Capitalized cloud computing service costs included in accounts payable 1,923 2,185
Cash paid for interest $ 13,615 $ 14,820