Acadia Healthcare Company, Inc. ACHC Cash Flow

Acadia healthcare company, inc. (ACHC)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11
Operating activities:
Net income
110,122	-175,486	199,589	4,176	111,476	83,040	42,579	20,403	-34,892
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
164,044	158,832	143,010	135,103	63,550	32,667	17,090	7,982	4,278
Amortization of debt issuance costs
11,987	10,456	9,855	10,324	6,709	3,198	2,264	2,507	1,271
Equity-based compensation expense
17,307	22,001	23,467	28,345	20,472	10,058	5,249	2,267	17,320
Deferred income taxes
1,780	-9,714	31,372	28,647	43,613	7,215	10,083	2,847	-6,442
(Income) loss from discontinued operations, net of taxes
-	-	-	-	111	-192	-691	-101	-1,698
Debt extinguishment costs
-	-1,815	-810	-4,253	-10,818	-	-9,350	-	-
Legal settlements expense
-	22,076	-	-	-	-	-	-	-
Loss on impairment
54,386	337,889	-	-	-	-	-	-	-
Loss on divestiture
-	-	-	-178,809	-	-	-	-	-
Gain on foreign currency derivatives
-	-	-	523	-1,926	15,262	-	-	-
Other
-4,035	-12,371	-11,412	-4,715	-1,615	-488	-21	3	168
Change in operating assets and liabilities:
Accounts receivable, net
19,060	16,821	28,570	15,718	24,954	15,110	21,242	10,344	1,675
Other current assets
1,344	-13,864	-20,808	20,648	2,717	2,011	3,652	-1,583	1,625
Other assets
73	-2,762	3,176	4,354	8,021	6,513	2,239	-637	969
Accounts payable and other accrued liabilities
-21,354	26,054	-10,113	22,693	6,868	2,793	-848	485	3,326
Accrued salaries and benefits
7,820	15,748	-8,988	-8,572	1,658	11,980	2,803	5,142	-1,759
Other liabilities
3,254	-5,219	11,794	4,484	9,236	2,749	3,181	702	734
Net cash provided by continuing operating activities
332,904	416,628	401,270	371,734	242,138	115,484	65,330	34,309	-18,903
Net cash used in discontinued operating activities
-	-2,548	-1,693	-10,256	-1,735	-198	232	-411	-1,763
Net cash provided by operating activities
332,904	414,080	399,577	361,478	240,403	115,286	65,562	33,898	-20,666
Investing activities:
Cash paid for acquisitions, net of cash acquired
45,677	-	18,191	683,455	574,777	738,702	164,019	443,473	206,379
Cash paid for capital expenditures
284,682	341,462	274,177	307,472	276,047	113,244	68,941	27,595	9,558
Cash paid for real estate acquisitions
7,618	18,383	41,057	40,757	26,622	23,177	8,092	53,159	8,706
Settlement of foreign currency derivatives
-105,008	-	-	-523	1,926	-15,262	-	-	-
Proceeds from sale of property and equipment
18,076	8,248	5,252	-	-	-	-	-	-
Cash received on divestitures
-	-	-	373,266	-	-	-	-	-
Other
-13,752	9,367	8,353	2,470	5,099	913	1,926	417	689
Net cash used in investing activities
-	-	-	-	-884,471	-860,774	-242,978	-	-225,332
Net cash used in discontinued investing activities
-	-	-	-	-	-	-	-	-238
Net cash used in investing activities
-201,141	-360,964	-336,526	-660,365	-	-	-	-524,644	-225,570
Financing activities:
Borrowings on long-term debt
-	-	-	1,480,000	1,150,000	542,500	150,000	176,063	282,485
Borrowings on revolving credit facility
76,573	-	-	179,000	468,000	230,500	61,500	16,000	15,100
Principal payments on revolving credit facility
76,573	-	-	337,000	310,000	284,000	8,000	16,000	15,100
Principal payments on long-term debt
52,984	39,738	57,305	49,941	31,965	7,695	7,680	6,000	5,063
Repayment of long-term debt
-	21,920	-	200,594	97,500	-	-	-	-
Repayment of assumed debt
-	-	-	1,348,389	904,467	-	52,500	-	9,984
Repayment of senior notes
-	-	-	-	-	-	52,500	-	-
Payment of debt issuance costs
-	-	-	36,649	26,421	12,993	4,307	4,551	12,111
Payment of premium on senior notes
-	-	-	-	7,480	-	6,759	-	-
Common stock withheld for minimum statutory taxes, net
1,649	3,407	3,455	8,846	7,762	4,099	1,242	-960	-38
Issuances of common stock, net
-	-	-	685,097	331,308	374,431	205	-311,841	-
Distributions to noncontrolling interests
154	-	-	-	-	-	-	-	-
Excess tax benefit from equity awards
-	-	-	-	309	4,617	1,779	714	-
Cash paid for contingent consideration
-	-	-	-	-	5,000	-	-	-
Other
-6,840	-2,265	686	-3,837	-420	-289	-	-	-
Cash distribution paid to equity holders
-	-	-	-	-	-	-	-	74,441
Contribution from Holdings
-	-	-	-	-	-	-	-	51,029
Distributions to equity holders
-	-	-	-	-	-	-	-	375
Net cash (used in) provided by financing activities
-61,627	-67,330	-60,074	358,841	563,602	837,972	132,586	479,027	298,740
Effect of exchange rate changes on cash
3,546	-2,566	7,250	-14,106	-2,359	-3,013	-	-	-
Net decrease in cash and cash equivalents
73,682	-16,780	10,227	45,848	-82,825	89,471	-44,830	-11,719	52,504
Supplemental Cash Flow Information:
Cash paid for interest
173,239	175,204	159,098	161,146	87,034	36,776	33,270	27,238	5,053
Cash paid for income taxes
35,463	6,720	10,291	15,483	6,911	32,257	16,960	3,928	2,564
Issuance of common stock in connection with acquisition
-	-	-	-	-	-	-	-	44,025
Issuance of common stock in connection with acquisition
-	-	-	216,882	380,210	-	-	-	67,162
Issuance of replacement share-based awards in connection with acquisition
-	-	-	-	-	-	-	-	1,027
Contingent consideration issued in connection with acquisition
-	-	-	-	-	1,467	-	6,120	-
Effect of acquisitions:
Assets acquired, excluding cash
49,715	-	19,649	2,516,880	1,988,634	819,518	192,928	482,891	278,895
Liabilities assumed
4,038	-	1,458	1,616,543	1,024,515	78,849	17,725	44,982	27,464
Redeemable noncontrolling interest resulting from acquisitions
-	-	-	-	9,132	-	-	-	-
Prior year deposits paid for acquisitions
-	-	-	-	-	500	11,684	-	-
Deposits paid for acquisitions
-	-	-	-	-	-	500	11,684	-
Cash paid for acquisitions, net of cash acquired
45,677	-	18,191	683,455	574,777	738,702	164,019	443,473	206,379