Aecom (ACM)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income

-76,972

53,100

-447,983

105,388

93,505

65,100

105,327

75,142

-107,755

124,413

103,784

136,074

115,840

65,778

12,887

84,394

66,594

-403

26,477

-247

20,604

-118,067

64,635

69,092

42,496

56,541

78,227

71,215

54,776

38,978

-224,868

69,855

49,656

48,424

88,416

73,931

59,660

62,083

69,188

68,635

61,654

49,867

Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization

67,816

57,875

67,701

64,768

65,556

63,160

67,429

66,658

70,648

62,835

72,653

67,112

71,950

66,916

83,270

97,261

107,181

111,018

148,121

134,700

160,395

156,049

24,924

24,328

23,944

22,198

23,035

23,532

23,937

23,902

26,081

26,085

25,260

25,548

25,061

28,091

27,311

29,843

21,154

17,241

18,164

22,340

Equity in earnings of unconsolidated joint ventures

-8,177

14,800

13,970

28,563

25,963

12,504

25,479

12,863

13,038

29,720

31,933

66,458

21,738

21,471

21,240

18,513

39,016

25,263

29,917

27,776

24,628

23,924

8,509

5,896

7,436

36,083

6,464

4,094

7,846

5,915

10,509

12,281

16,898

8,962

13,144

12,248

11,330

8,097

7,217

5,941

3,451

4,378

Distribution of earnings from unconsolidated joint ventures

19,305

16,867

24,759

9,973

17,267

13,955

32,345

13,854

33,033

39,480

26,097

71,063

15,501

24,370

28,119

37,878

43,848

39,370

49,477

34,771

31,155

42,213

5,645

3,474

5,550

9,170

9,886

5,404

4,537

11,332

4,487

11,851

2,226

7,837

7,506

15,121

6,319

7,682

492

3,592

995

3,240

Non-cash stock compensation

5,282

21,255

16,363

15,656

16,162

15,631

18,754

17,145

20,656

16,540

25,100

20,621

16,716

21,337

17,206

14,167

20,533

21,500

14,062

20,226

15,547

36,017

8,452

4,799

10,246

10,941

5,207

9,240

11,330

6,834

6,861

2,047

9,009

8,634

3,726

9,157

4,024

8,030

9,469

8,672

7,652

8,813

Prepayment penalty on unsecured senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

55,639

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from share-based payment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

11

3,324

10

1,072

34

2,526

122

62

116

448

0

534

535

685

121

27

419

687

56

156

985

60,051

593

7,933

8,012

768

Foreign currency translation

22,995

-16,077

18,919

-2,385

-9,493

12,058

-1,417

22,273

11,396

16,018

-7,065

-7,661

-6,668

15,387

18,733

-26,971

-20,580

54,312

16,765

-29,707

18,028

14,546

22,727

-9,547

-1,852

9,466

-13,364

18,116

9,857

1,452

-9,165

4,854

-1,684

-3,740

44,466

1,380

-41,664

3,069

-15,257

8,811

-2,548

-2,425

Write-off of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

8,997

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension curtailment and settlement gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

7,818

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-1,536

-41,053

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-1,117

-4,127

-1,064

-444

-1,966

-2,425

587

1,130

-3,045

1,800

7,035

19

4,931

3,077

-1,800

482

1,780

-2,892

27,360

-8,726

-2,446

2,060

-4,300

-182

1,837

1,185

-167

794

357

837

-2,432

805

-2,957

-702

-

-

-

749

-

-

-

-

Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable and contract assets

359,684

129,001

-23,958

107,564

146,610

86,271

16,179

205,736

-26,226

186,098

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement of deferred compensation plan liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-89,688

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

50,317

143,659

-47,064

-121,171

-180,803

-6,198

-29,119

-123,624

198,766

-95,594

-349,148

-9,270

90,573

-65,189

-1,709

3,300

10,688

-154,532

48,392

-86,453

-70,457

49,842

128,612

-99,201

166,175

11,930

10,148

127,562

-62,012

151,997

16,700

Prepaid expenses and other assets

-22,483

28,619

28,130

-1,161

-104,146

93,753

43,605

-22,033

41,891

12,517

-86,434

121,927

-28,441

14,728

-158,544

63,230

105,496

6,075

-87,815

4,969

114,273

-39,415

29,993

-3,937

24,780

-19,733

3,577

6,375

-7,531

19,415

19,344

-17,134

-19,410

5,837

-54,241

-704

19,523

-4,177

-1,274

9,144

-1,444

10,575

Accounts payable

-175,483

-91,375

355,372

27,324

-29,827

-101,459

216,601

209,044

-123,176

172,481

27,798

228,827

-19,589

55,460

-6,633

-15,687

-14,586

53,522

64,237

154,837

-18,674

-58,274

123,201

-48,442

-55,240

72,436

14,767

31,705

-20,064

-73,427

22,835

25,863

-25,268

57,569

82,639

42,620

-1,121

-47,994

77,156

-17,783

49,391

-51,727

Accrued expenses and other current liabilities

224,179

-209,185

269,863

-11,167

55,898

-74,813

111,381

-41,505

135,951

-188,979

106,640

67,919

-83,384

-144,301

58,122

-61,457

-9,996

-140,765

28,965

17,446

-1,098

-163,801

-7,737

107,822

-79,929

-16,873

29,878

41,740

-75,577

75,084

28,833

42,069

-79

-56,141

-16,430

28,474

-25,253

-54,766

42,212

50,772

-14,235

-57,912

Contract liabilities

16,774

90,620

-30,053

5,942

-44,801

76,471

-38,933

-27,371

-24,069

93,102

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

94,275

-12,175

26,019

-9,415

-5,372

-26,230

18,068

-65,309

17,084

-66,645

-13,501

-9,139

9,770

-18,777

21,241

-1,665

-24,342

-55,956

69,018

-42,487

-24,099

3,950

57,260

-43,717

-3,506

-20,890

9,562

-11,469

-30,664

-3,454

23,794

Other long-term liabilities

27,975

6,135

33,515

-16,294

-9,368

-56,252

64,276

-23,303

-59,569

-21,291

17,808

-40,894

-15,155

-30,473

26,325

-16,183

43,796

-527

-90,578

-13,413

-27,509

-12,257

-11,233

-7,901

3,658

-8,226

8,348

-15,845

-1,920

-9,610

13,565

-22,940

-4,308

-14,497

13,504

426

-28,441

-25,945

23,496

-5,689

-222

2,147

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,474

0

115

-6,671

-

-

-

-

-

-

-

-

-24,319

-1,426

14,554

-1,713

-17,476

5,271

-12,385

-912

Net cash used in operating activities

-299,031

-206,930

793,703

76,857

107,438

-200,382

531,886

71,844

118,395

52,428

251,297

413,937

-46,087

77,507

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,310

-179,345

114,886

130,230

-51,908

-34,573

Net cash used in operating activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-4,227

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113,151

78,055

-

153,802

49,960

282,642

174,916

79,713

-31,391

137,387

160,147

96,117

85,245

67,089

226,389

201,965

11,424

-6,426

-

-

-

-

114,886

130,230

-51,908

-30,346

CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for business acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,134

9,911

2,128

3,277,111

52,440

0

0

659

4,736

-2,279

-2,165

41,713

0

-1,197

4,796

8,972

-344

62,746

4,407

298,731

489,355

29,400

1,000

39,600

Proceeds from purchase price adjustment on business acquisition

-

-

-

-

-

-

0

0

4,409

-2,206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash acquired from consolidation of joint venture

-

-

-

-

-

-

0

0

0

7,630

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

18,955

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of businesses, net of cash disposed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,132

37,567

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,995

0

0

25,799

Investment in unconsolidated joint ventures

-29,567

-41,103

259,020

-39,948

-29,653

-47,650

167,022

-9,958

-42,048

-23,986

104,566

-20,321

-6,189

-18,372

-11,830

-19,315

-37,838

-7,724

-30,891

889

-5,632

-9,127

-1,778

-10,073

-39,803

-519

-

-

-

-

-393

-951

-1,865

363

76

-5,298

721

-18,897

2,361

797

423

4,768

Return of investment in unconsolidated joint ventures

1,493

3,516

6,166

2,582

4,729

9,273

93,069

2,258

5,412

5,030

1,320

31,552

2,296

239

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investments

3,912

500

378

6,361

1,821

3,805

4,436

2,577

0

161

200

100

300

300

94

250

200

11,201

57,060

24,792

31,482

13,036

-

-

-

-

-

-586

-22,053

2,470

-

-

-

-5,272

-

-

-

-

-

-

-

-

Payments for purchase of investments

-

-

0

0

0

3,223

-

-

-

-

-

-

-

-

0

0

0

214

9,731

38,135

22,852

21,092

58,220

-1,490

-18,936

17,555

-

-

-

-

-

-

-

-

8,027

-1,592

-347

16,595

-

-

-

-

Proceeds from disposal of property and equipment

1,037

556

9,041

2,878

3,698

1,674

3,277

9,625

2,532

10,967

1,717

857

2,764

2,557

12,848

5,424

14,410

21,940

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for capital expenditures

14,562

31,594

23,299

27,548

26,241

23,576

24,525

33,053

26,191

29,510

21,677

20,651

20,442

23,584

49,761

74,212

44,630

22,783

24,219

21,094

43,949

25,070

17,670

16,411

12,396

20,771

15,050

12,435

11,707

12,925

15,069

15,600

13,921

18,284

30,708

15,176

16,088

16,019

33,312

7,711

12,947

14,520

Net cash provided by (used) in investing activities

2,059,179

-68,125

-23,154

-18,263

-45,646

-59,697

57,967

-29,254

-60,298

-27,502

-134,584

-10,196

-19,071

-38,860

-50,697

-85,204

-66,701

39,987

29,317

-26,034

-29,647

-3,319,364

-63,990

-24,994

-33,263

-20,549

-29,795

-27,678

-29,849

-52,168

15,102

-50,003

-17,251

-21,621

-40,273

-14,409

-16,993

-350,242

-541,136

-36,314

-13,524

-23,553

Proceeds from borrowings under credit agreements

2,284,003

1,810,509

1,304,271

1,892,288

2,213,763

2,290,452

1,089,834

1,725,814

4,436,915

1,276,451

1,314,587

1,515,554

1,488,327

1,634,781

1,260,022

1,123,468

1,100,072

1,222,663

947,208

868,967

906,880

3,858,648

413,399

354,519

539,342

501,927

403,007

494,292

762,884

590,547

377,725

301,088

395,694

380,354

1,384,930

519,272

377,695

582,009

1,950,326

-7,234

22,662

19,246

Repayments of borrowings under credit agreements

3,622,514

1,694,733

1,721,584

1,993,945

2,269,955

1,999,140

1,385,389

1,818,385

3,600,246

1,236,242

1,436,390

1,632,153

2,395,679

1,607,380

1,438,590

1,303,013

1,153,476

1,304,882

1,117,902

965,234

1,021,470

2,053,648

452,970

409,445

637,924

476,013

406,898

614,352

705,137

428,877

380,750

490,676

378,186

301,384

1,416,587

494,597

417,768

311,697

1,215,889

4,293

10,407

4,291

Issuance of unsecured senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,600,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in overdrafts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,292

-9,980

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepayment penalty on unsecured senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-111,278

0

0

55,639

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,470

478

321

1,178

1,715

754

849

86,249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from loans on deferred compensation plan investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

59,324

-

-

-

-

Proceeds from issuance of common stock

8,800

4,743

6,079

9,827

9,057

5,485

7,933

11,730

6,040

9,530

5,376

10,376

4,466

9,875

5,231

9,194

6,873

6,894

12,007

4,841

5,068

3,645

4,093

1,856

6,134

1,803

2,228

4,136

5,825

1,840

2,324

4,630

2,172

4,634

2,272

4,663

2,004

6,081

186

-95

535

2,876

Proceeds from exercise of stock options

-

-

-

-

-

-

-450

6

479

2,715

1,199

0

1,612

2,067

1,296

3,775

1,862

3,013

3,100

3,499

2,091

2,383

4,340

3,132

4,308

1,637

3,856

1,678

5,980

2,851

639

246

1,336

2,320

387

703

2,288

2,902

557

5,819

2,743

1,191

Payments to repurchase common stock

11,689

38,510

15,525

109

30,227

52,347

150,124

2,105

536

26,701

2,746

4,366

472

17,494

338

7,422

789

17,343

296

11,282

578

10,957

347

398

458

33,721

73,957

66,529

80,560

167,055

59,728

31,497

61,255

7,271

33,322

48

3,169

63,461

4,841

325

10,783

1,222

Payments for other repurchases of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

-12

7,875

-

311

428

6,398

-

-

-

-

-

-

-

-

Excess tax benefit from share-based payment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

11

3,324

10

1,072

34

2,526

122

62

116

448

0

534

535

685

121

27

419

687

56

156

985

60,051

593

7,933

8,012

768

Net distributions to noncontrolling interests

-2,129

-34,783

-11,190

-22,776

-7,245

-28,777

-17,045

-48,678

-7,263

-16,795

-14,433

-11,146

-11,519

-21,938

-27,745

-14,860

-22,779

-37,785

-43,250

-42,144

-24,201

-34,674

-1,474

-4,147

-5,264

-19,368

-4,929

-510

-4,044

-9,002

-413

-865

239

-244

-256

2,190

-2,173

-1,062

2,137

-1,063

6,411

-973

Other financing activities

-29,056

32,126

-41,740

22,489

10,009

-2,439

-44,373

32,424

2,240

-25,962

2,676

-19,343

16,202

-26,280

-34,767

-24,736

29,580

-12,950

-19,925

7,712

801

-19,961

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-1,372,585

79,352

-479,689

-92,226

-74,598

213,234

-501,087

-99,516

-7,261

-17,004

-129,731

-320,836

90,446

-26,369

-247,196

-213,572

-38,967

-138,244

-220,763

-133,323

-132,224

3,206,074

-40,868

-48,021

-111,601

-33,267

-42,094

-180,888

-14,505

-16,886

-52,945

-217,358

-40,009

72,698

-129,564

-26,985

-40,138

334,147

733,069

742

19,173

17,595

EFFECT OF EXCHANGE RATE CHANGES ON CASH

-8,598

2,714

-4,073

321

1,382

-1,586

-3,452

-8,880

3,223

2,882

2,921

3,582

2,967

-6,706

-858

-3,055

4,251

-5,647

-8,590

-1,142

-10,140

-8,892

-6,017

906

-2,945

-2,505

4,828

-7,692

-4,455

-515

6,836

-1,872

4,012

5,895

-16,826

3,566

5,967

3,821

12,156

-7,325

-141

2,703

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

378,965

-192,989

286,787

-33,311

-11,424

-48,431

85,314

-65,806

54,059

10,804

-10,097

86,487

28,255

5,572

64,148

-41,781

11,734

-25,849

77,993

-6,697

-122,051

160,460

64,041

7,604

-179,200

81,066

93,086

-120,141

36,436

-2,480

195,382

-67,268

-41,824

50,546

75,473

-21,917

-17,854

-191,619

318,975

87,333

-46,400

-37,828

SUPPLEMENTAL CASH FLOW INFORMATION:
Common stock issued in acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,554,912

-

-

-

-

-

0

0

14,322

-

0

0

857

-

0

9,586

58,868

-

1,300

0

33,500

Debt assumed from acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

0

567,656

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-