Atlas Air Worldwide Holdings, Inc. AAWW Cash Flow

Atlas air worldwide holdings, inc. (AAWW)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Operating Activities:
Income (loss) from continuing operations, net of taxes
-293,113	270,647	224,338	42,625	7,286	102,227	-	129,927	96,083	141,810	77,776
Less: Loss from discontinued operations, net of taxes
0	-80	-865	-1,109	0	0	-	-213	226	1,146	-1,620
Net Income (Loss)
-293,113	270,567	223,473	41,516	7,286	102,227	93,989	129,714	96,309	142,956	76,156
Adjustments to reconcile Net Income (Loss) to net cash provided by operating activities:
Depreciation and amortization
316,821	265,553	197,463	168,721	147,604	138,324	101,671	72,194	47,313	42,356	42,081
Accretion of debt securities discount
244	888	1,172	1,277	4,651	7,947	8,889	8,560	8,341	7,998	513
Provision for expected credit losses
41	12	198	508	171	643	178	837	335	201	1,071
Loss on early extinguishment of debt
-804	0	-167	-132	-69,728	0	-5,518	-576	0	0	2,713
Special charge, net of cash payments
638,373	9,374	106	10,140	16,351	12,013	18,642	0	-	-	-
Unrealized (gain) loss on financial instruments
75,109	123,114	-12,533	2,888	0	0	-	-	-	-	-
Gain on disposal of aircraft
-5,309	0	31	11	-1,538	-14,679	-351	2,417	364	3,601	953
Loss (gain) on short-term investments
-	-	-	-	-	-	-	-	-	-	535
Special charge
-	-	-	-	-	-	-	-	5,441	0	8,216
Gain on consolidation of subsidiary
-	-	-	-	-	-	-	-	-	-	113
Deferred taxes
-180,553	42,580	-81,330	47,381	-25,898	-12,714	22,856	75,365	81,616	62,962	47,670
Stock-based compensation
25,189	20,305	22,319	32,724	16,181	13,606	16,690	18,202	12,528	14,065	11,390
Changes in:
Accounts receivable
22,524	74,038	33,201	-22,974	-2,016	21,070	6,029	25,217	12,914	14,839	-13,343
Prepaid expenses, current assets and other assets
66,843	57,081	67,341	29,455	-23,171	-23,605	192	-48,213	50,303	7,415	-13,208
Deposits and other assets
-	-	-	-	-	-	-	26,027	21,854	8,176	1,132
Accounts payable and accrued liabilities
-47,807	72,310	58,535	-64,059	119,390	9,779	57,308	-27,380	-6,808	60,032	7,397
Net cash provided by operating activities
300,344	425,580	331,719	232,182	372,887	273,145	302,093	255,500	142,958	280,543	214,573
Investing Activities:
Capital expenditures
133,554	114,415	87,555	46,717	45,040	24,920	29,531	31,266	37,374	29,612	30,188
Payments for flight equipment and modifications
214,236	599,401	458,464	316,993	227,048	519,399	573,416	520,770	764,268	40,390	21,160
Acquisition of business, net of cash acquired
-	-	-	105,392	0	0	-	-	-	-	-
Investment in joint ventures
2,028	1,050	0	0	-	-	-	-	-	-	-
Proceeds from insurance
38,133	0	0	-	-	-	9,109	3,300	0	0	-
Changes in restricted cash
-	-	-	-	-	-	6,491	0	0	-	-
Refund of pre-delivery deposits
-	-	-	-	-	-	-	-	-	-	62,858
Cash acquired from consolidation of subsidiary
-	-	-	-	-	-	-	-	-	-	11,612
Redesignation between short-term investments and cash
-	-	-	-	-	-	-	-	-	-	13,301
Investment in debt securities
-	-	-	-	-	-	-	6,658	0	100,090	20,693
Investment in owner participant interest
-	-	-	-	-	-	-	-	-	21,475	0
Investment in short-term investments
-	-	-	-	-	-	-	-	-	-	20,000
Proceeds from investments
15,624	13,604	4,462	11,714	80,302	3,728	5,569	4,342	6,165	24,374	0
Proceeds from disposal of aircraft
10,300	0	0	-	-	-	-	-	-	-	-
Proceeds from disposal of aircraft
-	-	-	-	25,441	0	4,780	3,215	1,480	5,183	3,525
Net cash provided by (used for) investing activities
-285,761	-701,262	-541,557	-457,388	-166,345	-540,591	-589,980	-547,837	-793,997	-162,010	-745
Financing Activities:
Proceeds from debt issuance
115,992	471,625	620,568	103,492	568,033	572,552	709,484	1,211,560	360,250	20,636	0
Payment of debt issuance costs
2,404	9,622	14,664	4,034	14,509	17,117	19,769	34,141	6,980	445	4
Payments of debt and finance lease obligations
344,674	250,015	207,093	179,153	568,923	301,550	412,171	662,627	102,571	164,110	110,023
Proceeds from revolving credit facility
100,000	135,000	150,000	0	0	-	-	-	-	-	-
Payment of revolving credit facility
0	135,000	150,000	0	0	-	-	-	-	-	-
Customer maintenance reserves and deposits received
14,736	15,590	25,784	15,105	16,148	17,555	2,907	2,997	-	-	-
Customer maintenance reserves paid
8,174	250	18,538	0	3,801	0	0	-	-	-	-
Refund of accelerated share repurchase
-	-	-	-	-	-	21,886	0	0	-	-
Prepayment of accelerated share repurchase
-	-	-	-	-	-	21,886	0	-	-	-
Proceeds from sale of convertible note warrants
0	0	38,148	0	36,290	0	0	-	-	-	-
Payments for convertible note hedges
0	0	70,140	0	52,903	0	0	-	-	-	-
Proceeds from common stock offering
-	-	-	-	-	-	-	-	-	-	112,623
Proceeds from stock option exercises
-	-	-	-	1,193	69	0	0	4,733	5,197	215
Proceeds from investor stock sale
-	-	-	-	-	-	-	-	-	-	208
Purchase of treasury stock
9,370	10,769	10,613	11,275	26,522	19,496	80,976	3,351	9,251	5,854	385
Excess tax benefit from stock-based compensation
-	-	-	390	555	8	465	551	3,117	1,155	-107
Payment of debt extinguishment costs
-	-	-	-	36,054	0	0	-	-	-	-
Net cash provided by (used for) financing activities
-133,894	216,559	363,452	-75,475	-80,493	252,021	199,940	514,989	249,298	-143,421	2,527
Net increase (decrease) in cash, cash equivalents and restricted cash
-119,311	-59,123	153,614	-300,681	126,049	-15,425	-87,947	222,652	-401,741	-24,888	216,355
Noncash Investing and Financing Activities:
Acquisition of flight equipment and assumed debt
-	-	-	-	-	-	90,498	0	0	-	-
Acquisition of flight equipment included in Accounts payable and accrued liabilities
37,390	23,498	68,732	14,345	33,294	29,087	21,823	0	0	-	-
Acquisition of property and equipment acquired under operating leases
28,827	0	0	-	-	-	-	-	-	-	-
Acquisition of flight equipment under finance lease
10,825	0	30,419	10,800	0	0	-	-	-	-	-
Disposition of aircraft included in accounts receivable
-	-	-	-	-	5,072	0	0	-	-	-