Addus homecare corp (ADUS)
CashFlow / TTM
Sep'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'11
Cash flows from operating activities:
Net income

19,915

18,679

17,479

17,503

16,150

15,926

14,308

13,681

18,070

16,362

16,262

12,160

7,777

8,965

9,618

11,623

12,225

12,575

12,051

12,243

9,205

8,535

8,238

19,145

22,005

21,235

20,267

7,635

6,386

-2,074

-2,205

-1,981

0

0

0

Depreciation and amortization

9,331

9,109

8,909

8,642

8,528

7,775

6,954

6,663

6,515

6,454

5,791

6,647

6,156

5,633

5,943

4,717

4,650

4,559

4,481

3,830

3,217

2,651

2,109

2,160

2,263

2,362

2,456

2,544

2,679

2,967

3,259

3,554

0

0

0

Deferred income taxes

-68

-165

-51

-43

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,701

0

0

0

-

-

-

-

-

-

-

-

Stock-based compensation

5,334

4,968

4,483

4,109

3,695

3,317

2,984

2,552

1,627

1,344

1,162

1,072

1,674

1,642

1,574

1,573

1,427

1,246

1,040

827

712

629

533

515

427

418

379

341

369

326

350

331

0

0

0

Amortization of debt issuance costs under the terminated credit facility

-

-

-

-

-

-

-

1,484

1,580

1,676

359

357

312

233

160

97

81

104

129

154

160

159

158

166

174

187

205

215

223

228

226

224

0

0

0

Amortization of debt issuance costs under the credit facility

689

655

620

606

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

226

213

251

272

2,415

4,472

6,455

8,409

8,492

8,294

8,037

7,373

6,424

5,465

4,906

4,309

2,960

3,109

2,419

2,818

3,749

3,535

3,376

3,019

2,788

2,300

2,840

2,877

3,312

3,960

4,102

4,275

0

0

0

(Loss) gain on sale of assets

-

-

-

-

-

-

-

2,467

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of Home Health Business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,284

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of agency

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

495

0

0

0

-

-

-

-

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

19,042

23,631

20,757

2,169

1,457

-47,060

-26,218

-19,412

23,690

25,449

18,752

33,601

1,887

72,930

29,663

19,512

18,284

496

16,323

9,276

9,944

7,246

890

-7,818

-14,096

-23,236

-10,356

1,812

4,794

21,816

13,093

5,689

0

0

0

Prepaid expenses and other current assets

-2,779

995

-3,297

-1,964

76

1,157

3,208

2,364

1,699

-697

-35

282

-3,922

-492

-2,986

-2,318

699

-314

1,293

873

578

-1,391

-852

-1,061

-1,444

-1,673

-1,000

18

-2,151

1,570

-1,297

-1,433

0

0

0

Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

4,247

2,418

1,454

4,235

2,529

4,617

2,228

1,103

219

-1,577

761

-776

-705

979

1,176

570

1,036

-612

-1,108

-850

-1,015

-1,765

-1,184

435

-210

486

1,098

-1,149

-72

1,718

196

1,962

0

0

0

Accrued expenses and other long-term liabilities

-5,904

-1,430

854

-1,107

742

-267

-2,305

1,779

2,509

-10

2,019

5,085

-767

-1,544

1,383

-2,557

2,490

4,049

-173

-4,066

1,403

-2,719

883

3,657

775

4,695

3,900

4,428

468

-1,329

-1,056

934

0

0

0

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-298

-234

-268

4

0

0

0

Net cash provided by operating activities

16,608

8,961

15,730

33,203

34,872

84,310

57,432

52,771

10,844

6,147

14,831

-743

26,311

-49,203

-949

4,106

8,224

27,069

3,454

7,028

9,880

8,150

17,038

27,393

31,172

43,919

29,713

15,405

13,468

-7,419

3,213

15,947

0

0

0

Cash flows from investing activities:
Proceeds from the sale of assets

-

-

-

-

-

-

-

3,702

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions of businesses, net of cash acquired

-

-

-

62,440

0

0

0

-

-

-

-

20,026

24,564

24,564

24,564

8,365

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of adult day services centers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,105

0

0

0

-

-

-

-

-

-

-

-

Net proceeds from sale of agency

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

495

0

0

0

-

-

-

-

Purchases of property and equipment

5,042

5,683

5,939

5,349

3,911

3,507

2,870

3,616

3,633

2,772

2,532

1,712

2,065

2,163

1,824

2,213

1,814

2,077

4,521

5,274

5,086

4,438

2,192

887

678

767

1,005

1,114

1,287

1,173

797

551

0

0

0

Net cash used in investing activities

-58,359

-36,122

-65,096

-67,789

-66,891

-88,368

-29,205

-24,268

-23,229

51

291

-21,738

-26,629

-26,727

-26,534

-10,724

-6,196

-6,412

-15,993

-12,496

-28,201

-27,600

-18,071

2,893

18,981

18,892

18,654

-619

-792

-678

-802

-1,051

0

0

0

Cash flows from financing activities:
Borrowings on revolver- terminated credit facility

-

-

-

-

-

-

-

20,000

20,000

30,000

37,000

27,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on term loan — credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net repayments on term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Payments on revolver- terminated credit facility

-

-

-

-

-

-

-

20,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on term loan — credit facility

-

-

-

104,858

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on term loan- terminated credit facility

-

-

-

-

-

-

-

24,063

0

0

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for debt issuance costs under the credit facility

-

-

-

923

0

0

0

-

-

-

-

503

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

0

0

0

Payments on financing lease obligations

115

317

678

1,013

1,317

1,465

1,449

1,432

1,414

1,333

1,250

1,175

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from exercise of stock options

-

-

-

994

450

268

228

1,158

1,158

1,158

3,800

3,016

3,016

3,016

312

305

305

305

163

214

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on subordinated dividend notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,069

3,750

3,500

3,000

2,500

0

0

0

Net payments on term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net payments on revolving credit loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-6,000

-8,500

3,250

-8,500

0

0

0

Net borrowings (repayments) on other notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-366

0

0

0

Net cash provided by financing activities

133,883

12,736

52,130

51,238

133,808

57,402

16,023

17,238

18,627

1,435

-5,046

26,390

24,887

42,146

29,167

-2,641

-1,275

1,826

2,970

3,266

2,981

214

214

-16,458

-22,402

-25,527

-31,902

-15,069

-12,260

-14,515

-2,347

-13,692

0

0

0

Net change in cash

92,132

-14,425

2,764

16,652

101,789

53,344

44,250

45,741

6,242

7,633

10,076

3,909

24,569

-33,784

1,684

-9,259

753

22,483

-9,569

-2,202

-15,340

-19,236

-819

13,828

27,751

37,284

16,465

-283

416

-22,612

64

1,204

0

0

0

Supplemental disclosures of cash flow information:
Cash paid for interest

2,731

3,416

4,296

4,339

3,925

3,150

2,371

2,261

2,112

2,245

2,620

2,322

2,006

1,449

967

786

726

738

719

698

788

720

668

725

761

987

1,399

1,557

1,759

1,933

2,023

2,337

0

0

0

Cash paid for income taxes

5,888

4,795

4,209

4,314

5,715

6,854

7,943

6,838

7,208

6,316

4,886

5,087

3,572

2,600

1,173

911

1,157

1,923

2,370

4,465

4,636

5,216

6,925

5,689

5,251

3,389

1,675

1,758

2,101

2,309

2,444

2,005

0

0

0

Supplemental disclosures of non-cash investing and financing activities:
Contingent and deferred consideration accrued for acquisition

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit related to the amortization of tax goodwill in excess of book basis

-

-

-

-

-

-

-

-

-

-

-

203

123

123

123

123

123

123

123

123

160

160

160

160

160

159

159

159

159

160

160

159

0

0

0