Acadia Healthcare Company, Inc. ACHC Cash Flow

Acadia healthcare company, inc. (ACHC)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12
Operating activities:
Net income
114,678	110,122	-211,094	-207,538	-196,849	-175,486	225,732	224,942	215,690	199,589	171,326	7,627	13,580	4,176	-3,298	143,998	122,251	111,476	99,653	95,969	84,576	83,040	73,191	62,153	51,899	42,579	34,664	26,750	20,462	20,403	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
165,144	164,044	161,749	160,788	159,639	158,832	157,114	153,897	149,170	143,010	139,214	139,190	140,741	135,103	119,775	100,247	78,421	63,550	55,891	49,326	40,335	32,667	26,538	20,627	18,904	17,090	14,898	12,560	9,994	7,982	0	0	0
Amortization of debt issuance costs
12,149	11,987	11,619	11,219	10,819	10,456	10,278	10,134	9,984	9,855	9,950	10,213	10,573	10,324	9,406	8,447	7,388	6,709	5,986	5,082	4,022	3,198	2,807	2,488	2,368	2,264	2,324	2,393	2,460	2,507	0	0	0
Equity-based compensation expense
16,185	17,307	17,050	18,236	21,183	22,001	23,733	22,683	22,990	23,467	26,363	29,333	28,785	28,345	26,885	25,067	23,534	20,472	17,659	15,137	12,188	10,058	8,480	7,006	6,412	5,249	4,320	3,510	2,290	2,267	0	0	0
Deferred income taxes
13,732	1,780	-2,826	-5,941	-12,277	-9,714	218	10,298	31,262	31,372	32,206	28,922	21,569	28,647	40,545	35,752	33,474	43,613	31,495	22,800	24,208	7,215	4,183	13,788	9,859	10,083	5,254	3,385	3,756	2,847	0	0	0
(Income) loss from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	-89	-220	-227	-192	-139	-270	-338	-691	-695	-651	-769	-101	0	0	0
Debt extinguishment costs
-	-	-	-	-	-1,815	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,350	0	0	0	-	-	-	-
Gain on foreign currency derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	523	523	-510	-1,569	-1,926	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
-1,741	-4,035	-13,790	-13,726	-13,515	-12,371	-3,765	-5,894	-8,630	-11,412	-14,656	-10,569	-7,658	-4,715	-1,224	-1,627	-2,119	-1,615	-1,447	-1,155	-853	-488	-168	-32	-19	-21	-22	10	7	3	0	0	0
Change in operating assets and liabilities:
Accounts receivable, net
9,908	19,060	6,525	18,386	10,008	16,821	43,141	32,270	34,904	28,570	31,820	19,140	24,428	15,718	8,628	33,494	21,746	24,954	18,620	10,249	13,373	15,110	28,259	25,988	20,414	21,242	15,125	14,209	15,180	10,344	0	0	0
Other current assets
14,600	1,344	-6,931	6,680	-21,205	-13,864	2,270	-10,304	-1,706	-20,808	-18,424	-7,065	6,687	20,648	3,489	-3,075	-12,966	2,717	15,534	10,267	26,721	2,011	-3,327	8,551	1,628	3,652	397	-3,904	-1,225	-1,583	0	0	0
Other assets
1,464	73	576	-662	-4,325	-2,762	-1,258	2,224	2,734	3,176	3,786	4,127	3,662	4,354	4,276	5,221	9,787	8,021	9,306	7,153	5,573	6,513	2,649	2,010	2,965	2,239	2,068	483	163	-637	0	0	0
Accounts payable and other accrued liabilities
-27,408	-21,354	-18,786	-6,072	13,721	26,054	25,498	15,846	3,512	-10,113	-5,755	-11,301	-1,798	22,693	17,251	40,282	13,092	6,868	-6,601	-220	5,906	2,793	-2,366	-3,186	-1,690	-848	-1,736	4,328	-3,996	485	0	0	0
Accrued salaries and benefits
7,639	7,820	9,512	8,152	5,097	15,748	9,998	4,533	-749	-8,988	-5,750	-13,883	-5,662	-8,572	-17,989	-1,963	333	1,658	11,896	9,973	12,365	11,980	13,889	7,659	4,113	2,803	2,501	1,741	-331	5,142	0	0	0
Other liabilities
2,503	3,254	-258	-1,578	-3,546	-5,219	4,266	5,744	10,161	11,794	8,415	6,013	6,272	4,484	7,911	8,345	9,010	9,236	4,015	5,667	2,559	2,749	3,448	4,424	4,222	3,181	2,713	-700	-529	702	0	0	0
Net cash provided by continuing operating activities
-	-	-	-	-	416,628	417,389	430,721	416,468	401,270	379,165	374,338	369,890	371,734	363,755	337,382	283,333	242,138	189,975	176,821	126,257	115,484	87,634	64,977	71,437	65,330	57,415	53,170	30,100	34,309	0	0	0
Net cash used in discontinued operating activities
-	-	-	-	-	-2,548	-2,980	-1,436	-1,555	-1,693	-5,993	-8,112	-10,062	-10,256	-5,780	-5,262	-2,488	-1,735	-1,650	367	-95	-198	746	579	530	232	-624	-573	-196	-411	0	0	0
Net cash provided by operating activities
334,777	332,904	341,426	325,452	385,403	414,080	414,409	429,285	414,913	399,577	373,172	366,226	359,828	361,478	357,975	332,120	280,845	240,403	188,325	177,188	126,162	115,286	88,380	65,556	71,967	65,562	56,791	52,597	29,904	33,898	0	0	0
Investing activities:
Cash paid for acquisitions, net of cash acquired
-	45,677	0	0	0	-	-	-	-	-	-	-	-	683,455	866,846	971,328	1,105,255	574,777	407,121	1,015,436	778,320	738,702	751,211	52,288	151,644	164,019	413,097	474,738	375,448	443,473	0	0	0
Cash paid for capital expenditures
284,981	284,682	294,195	319,035	340,383	341,462	330,349	318,211	293,955	274,177	251,328	247,275	267,932	307,472	325,167	331,730	313,257	276,047	243,405	191,956	144,474	113,244	88,943	82,555	77,826	68,941	63,762	49,685	36,448	27,595	0	0	0
Cash paid for real estate acquisitions
9,701	7,618	15,968	13,974	15,156	18,383	17,151	27,064	42,855	41,057	36,107	35,168	28,453	40,757	42,593	51,633	39,699	26,622	22,906	8,279	8,802	23,177	0	0	0	-	-	-	-	-	-	-	-
Settlement of foreign currency derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-523	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property and equipment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-12,395	-13,752	-6,145	-4,464	5,616	9,367	5,405	5,752	7,368	8,353	7,397	7,324	6,313	2,470	5,347	5,702	5,924	5,099	1,067	955	1,118	913	1,571	1,811	1,971	1,926	2,736	2,371	638	417	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-33,013	-	-1,239,430	-1,360,903	-1,465,316	-884,471	0	0	0	-	-	-	-	-242,978	0	0	0	-	-	-	-
Net cash used in investing activities
-165,201	-201,141	-235,662	-365,197	-392,379	-360,964	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-524,644	0	0	0
Financing activities:
Borrowings on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	1,480,000	1,480,000	1,755,000	1,755,000	1,150,000	1,385,000	1,410,000	1,410,000	542,500	307,500	7,500	7,500	150,000	301,063	301,063	301,063	176,063	0	0	0
Borrowings on revolving credit facility
-	76,573	0	0	0	-	-	-	-	-	-	-	-	179,000	337,000	446,000	433,000	468,000	310,000	351,000	283,000	230,500	0	0	0	-	-	-	-	-	-	-	0
Principal payments on revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	337,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
55,359	52,984	0	0	0	-	-	-	-	57,305	29,785	37,347	44,910	49,941	54,221	45,959	37,696	31,965	25,883	19,820	13,758	7,695	7,680	9,555	7,680	7,680	5,625	3,875	5,875	6,000	0	0	0
Repayment of assumed debt
-	-	-	-	-	-	-	-	-	-	-	-	-	1,348,389	1,348,389	1,348,389	1,348,389	904,467	0	0	0	-	-	-	-	52,500	0	0	0	-	-	-	-
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	36,649	36,585	39,157	38,397	26,421	27,668	29,958	31,693	12,993	10,909	5,810	3,645	4,307	7,661	7,720	7,656	4,551	0	0	0
Payment of premium on note redemption
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Common stock withheld for minimum statutory taxes, net
1,724	1,649	2,633	2,888	2,704	3,407	2,449	1,911	1,251	3,455	4,207	5,159	6,401	8,846	8,097	7,301	9,331	7,762	8,204	8,944	7,097	4,099	3,599	3,161	2,713	1,242	0	0	0	-	-	-	-
Issuances of common stock, net
-	-	-	-	-	-	-	-	-	-	-	-	-	685,097	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Excess tax benefit from equity awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	309	8,858	7,465	6,197	4,617	4,293	4,047	3,874	1,779	0	0	0	-	-	-	-
Other
-4,486	-6,840	-1,215	-1,438	-3,058	-2,265	-7,936	-2,216	-1,153	686	-367	-5,284	-4,478	-3,837	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
-133,560	-61,627	-58,752	5,770	-4,093	-67,330	-73,269	-67,403	-51,071	-60,074	-406,854	-399,522	-308,865	358,841	869,416	1,036,978	1,184,967	563,602	499,112	783,712	827,324	837,972	803,331	363,902	91,131	132,586	422,209	404,652	534,724	479,027	0	0	0
Effect of exchange rate changes on cash
1,304	3,546	-3,040	-1,947	-3,055	-2,566	-2,029	2,113	7,996	7,250	3,328	-1,330	-11,445	-14,106	-10,972	-12,051	-1,946	-2,359	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
37,320	73,682	43,972	-35,922	-14,124	-16,780	-26,733	29	14,721	10,227	47,910	48,718	6,505	45,848	-23,011	-3,856	-1,450	-82,825	8,583	-243,172	30,789	89,471	38,145	270,345	-92,532	-44,830	-7,685	-112,777	98,935	-11,719	0	0	0
Issuance of common stock in connection with acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	216,882	216,882	216,882	216,882	380,210	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Effect of acquisitions:
Assets acquired, excluding cash
-	49,715	0	0	0	-	-	-	-	-	-	-	-	2,516,880	2,700,902	2,856,693	2,932,426	1,988,634	1,809,890	2,445,182	2,237,584	819,518	831,989	57,366	160,098	192,928	818,864	535,654	433,090	482,891	0	0	0
Liabilities assumed
-	4,038	0	0	0	-	-	-	-	-	-	-	-	1,616,543	1,617,206	1,618,627	1,601,157	1,024,515	0	0	0	-	-	-	-	17,725	67,685	54,796	51,522	44,982	0	0	0
Deposits paid for acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,684	500	0	0	0	-	-	-	-
Cash paid for acquisitions, net of cash acquired
-	45,677	0	0	0	-	-	-	-	-	-	-	-	683,455	866,846	971,328	1,105,255	574,777	407,121	1,015,436	778,320	738,702	751,211	52,288	151,644	164,019	413,097	474,738	375,448	443,473	0	0	0