ALLIANCE HEALTHCARE SERVICES, INC AIQ Cash Flow

Alliance healthcare services, inc (AIQ)

CashFlow / Quarterly

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	Dec'11	Sep'11	Jun'11	Mar'11
Operating activities:
Net income
5,343	4,461	2,060	5,827	6,189	3,402	5,010	13,065	2,942	6,098	5,846	7,855	6,820	4,980	-731	1,332	-9,455	412	-1,758	1,240	1,927	-2,572	-14,107	-137,137	-2,310	-1,550
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for doubtful accounts
665	502	592	307	1,086	270	538	1,319	616	438	635	853	593	553	1,182	656	631	946	649	884	576	762	2,754	1,634	1,394	264
Share-based payment
303	381	526	407	378	1,402	459	423	430	389	398	407	376	334	451	301	329	406	531	157	-840	882	977	1,076	1,236	1,406
Depreciation and amortization
17,057	17,348	17,363	16,455	16,224	15,491	15,061	14,624	14,567	13,668	14,169	14,704	16,231	17,747	18,633	19,116	19,233	20,310	20,493	24,562	24,682	25,457	26,194	27,040	27,806	25,378
Amortization of deferred financing costs
2,469	2,455	2,436	2,378	2,352	960	-48	504	1,615	483	486	492	470	478	493	508	891	1,160	1,084	988	977	957	963	1,558	721	705
Accretion of discount on long-term debt
132	131	130	129	128	126	124	125	118	114	113	112	111	111	123	136	334	420	419	429	423	419	415	404	399	393
Adjustment of derivatives to fair value
4	7	-207	-565	-69	114	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions from unconsolidated investees
380	143	380	203	535	217	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from unconsolidated investees
367	336	363	282	393	252	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment of derivatives to fair value
-	-	-	-	-	-	-	-	-26	-72	-	86	-324	-31	608	-247	-217	-123	-94	-19	81	-14	71	41	25	-24
Distributions more than undistributed earnings from investees
-	-	-	-	-	-	-	-	65	-254	-	-357	-128	-96	-418	62	-214	233	-10	-180	611	-462	-576	401	-195	820
Deferred income taxes
2,234	-86	-	1,473	2,378	-1,438	-	4,740	-1,793	1,096	-	3,816	-3,076	421	-2,116	-3,029	-7,087	-254	-2,157	383	-2,577	-2,679	-7,983	-26,232	-2,535	-1,439
Gain on sale of assets, net
182	482	-146	1,110	-127	296	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	374	326	-141	-	473	304	805	-775	-417	-789	-106	-1,315	-923	7	64
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	374	326	-141	-191	473	304	805	-775	-417	-789	-106	-1,315	-923	7	64
Impairment charges
-	-	-	-	-	-	-	-	6,670	76	-	4	236	0	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from share-based payment arrangements
0	0	13	523	0	-436	0	0	-10	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	70	515	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of the effects of acquisitions:
Accounts receivable
6,354	-2,300	3,483	1,398	2,409	-1,020	4,438	2,097	2,505	-1,928	-907	765	3,000	-1,434	1,371	370	1,216	1,851	-4,837	813	754	-2,240	-1,111	3,495	164	5,941
Prepaid expenses
296	-1,147	-3,347	-339	1,221	-1,102	-229	-393	1,454	45	4,258	1,915	810	-1,919	414	-317	1,489	889	125	-570	-691	-248	-458	195	-2,331	-1,104
Other current assets
134	93	-	-	-444	-230	-	-	240	2	465	-289	360	-422	-228	-1,781	883	-546	-259	-940	2,160	-1,364	-1,620	417	1,068	838
Other assets
37	-105	1,160	3,961	-4,080	-160	-1,119	-954	792	-1,326	1,084	742	193	-167	-2,833	15	196	-368	-1,103	-1,666	1,909	-36	-1,424	85	-562	913
Accounts payable
-3,045	-1,538	14	5,448	7,071	-4,493	3,805	-990	64	563	502	2,936	1,119	-3,604	-2,906	510	-116	-1,769	387	556	-1,147	-3,525	-809	-1,833	5,432	10
Accrued compensation and related expenses
1,161	-5,869	1,561	581	2,315	505	-395	-1,308	4,406	-4,066	3,139	-1,024	4,841	-8,314	2,832	-635	4,565	-8,077	4,012	-529	3,406	-2,612	2,031	-729	130	-787
Accrued interest payable
111	-103	54	1	-59	-11	52	147	-9	-22	20	24	2	1,463	-3,325	2,463	-5,979	3,405	-4,973	3,793	-3,989	3,668	-2,920	4,164	-3,772	3,224
Income taxes payable
26	24	317	587	-22	-14	-	-	-	-	25	0	0	6	-	0	0	0	-262	-13	-2	25	-353	-2	32	29
Other accrued liabilities
8,890	-609	3,024	-2,750	-389	4,003	4,702	-5,212	2,561	-1,597	5,676	-725	915	573	-1,962	162	409	-3,739	-2,345	1,915	-995	-892	-3,201	2,428	-3,154	-707
Net cash provided by operating activities
29,587	19,874	26,687	24,146	35,243	22,706	27,766	17,035	26,882	20,778	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	26,148	23,886	18,958	-	32,606	22,034	10,479	23,033	37,344	18,406	24,360	22,483	24,363	27,203	19,478
Investing activities:
Equipment purchases
10,366	839	3,424	19,002	16,300	17,675	16,129	13,000	18,817	7,565	9,042	9,938	7,521	5,735	7,952	8,739	4,801	5,556	21,024	6,613	6,182	3,745	13,493	15,037	11,166	9,913
Increase in deposits on equipment
1,572	6,432	3,646	-5,725	9,358	4,489	2,727	3,089	8,099	1,836	5,938	-338	5,135	-1,507	868	3,209	-1,023	-2,861	-8,481	5,918	2,745	2,786	-4,810	-3,380	928	1,384
Acquisitions, net of cash received
1,498	524	19,253	0	5,641	1,018	26,483	-1,404	431	23,630	14,514	0	1,529	0	-	-	-	-	-	-	-	0	-	-	-	-
Increase in cash from escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	190	-128	-1,111	0	-1,257	-	-	-	-
Proceeds from sale of assets
400	571	167	1,293	-460	830	1,073	348	400	120	572	415	428	142	73	825	662	1,596	29,824	3,126	666	3,834	181	121	95	176
Net cash used in investing activities
-13,036	-7,224	-26,156	-11,984	-31,759	-22,352	-44,266	-14,337	-26,947	-32,911	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing activities:
Principal payments on equipment debt and capital lease obligations
4,040	4,101	4,488	4,402	4,079	3,956	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from equipment debt
-385	2,539	-4,692	6,984	3,847	962	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on term loan facility
1,300	1,300	1,300	1,300	1,300	1,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on equipment debt and capital lease obligations
-	-	-	-	-	-	-	-	2,666	1,973	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-9,185	-13,757	-4,086	-	-11,619	-2,926	-1,289	17,409	-8,294	-8,261	-1,440	-8,314	-12,036	-58,349	-11,121
Proceeds from equipment debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	4,845	4,872	800	1	853	-	-	-	-
Principal payments on term loan facility
-	-	-	-	-	-	-	-	1,225	6,126	-	1,225	1,225	1,225	1,225	1,050	325,435	15,000	74,515	3,000	3,000	3,000	3,000	26,150	1,150	1,150
Principal payments on equipment debt
-	-	-	-	-	-	-	-	-	-	-	2,555	2,584	2,866	-	3,550	3,443	3,826	3,237	3,992	2,651	3,686	4,128	3,505	3,157	1,417
Principal payments on revolving loan facility
11,000	9,000	16,000	21,000	18,000	6,000	-	-	-	-	8,000	5,000	5,000	27,000	-	0	0	0	-	-	-	-	-	-	-	-
Proceeds from revolving loan facility
9,500	4,000	34,000	8,000	6,000	15,000	24,500	0	3,000	23,000	10,000	0	2,000	16,000	19,000	0	0	0	-	-	-	-	-	-	-	-
Payments of debt issuance costs and deferred financing costs
65	223	248	434	90	24,969	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interest in subsidiaries
5,751	5,600	5,481	6,342	7,554	4,149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interest in subsidiaries
699	286	298	1,113	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity purchase of noncontrolling interest
-	-	-	-	-	-	-	-	-	-	0	0	-809	1,500	-	0	0	0	-	-	-	-	-	-	-	-
Payments of debt issuance and amendment costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	163
Noncontrolling interest in subsidiaries
-	-	-	-	-	-	-	-	4,040	4,313	-	4,673	2,802	3,771	5,180	2,381	2,504	4,344	3,476	3,863	2,638	1,058	3,317	1,966	584	959
Excess tax benefit from share-based payment arrangements
0	0	13	523	0	-436	0	0	0	-5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,487	3,541	9,319	175	2,985	50	92	108	-	-	-	-
Issuance of common stock
0	0	0	0	0	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
0	0	0	0	129	485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	0	0	0	140	121	0	0	0	104	34	-1	11	-	-	-	-
Settlement of contingent consideration related to acquisitions
0	20	0	15	810	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	70	515	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from shared-based payment arrangements
-	-	-	-	-	-	-	-	-	6	-	63	348	55	125	373	29	0	-	-	-	-	2	0	15	39
Proceeds from shareholder transaction
0	0	0	0	1	28,629	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-15,370	-13,419	2,102	-16,873	-21,856	4,267	9,722	-1,249	11,975	10,589	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-9,477	-7,939	-20,447	-	-18,921	-2,772	-18,500	-79,637	-11,744	-8,379	-7,010	-10,313	-36,164	-6,552	-3,650
Net increase (decrease) in cash and cash equivalents
1,181	-769	2,633	-4,711	-18,372	4,621	-6,778	1,449	11,910	-1,544	-5,770	7,486	2,190	-5,575	-14,367	2,066	16,336	-9,310	-39,195	17,306	1,766	15,910	3,856	-23,837	-37,698	4,707
Supplemental disclosure of cash flow information:
Interest paid
6,275	6,286	6,268	6,143	6,509	6,448	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	5,683	5,427	-	5,588	5,539	4,338	9,834	2,133	16,022	7,506	17,640	7,703	16,330	8,682	15,168	7,209	14,570	7,449
Income taxes paid (refunded), net
38	9	-3,954	194	-19	-73	-991	473	-186	40	530	983	4,945	46	348	188	163	1,764	59	178	277	246	-373	22	-2,388	31
Supplemental disclosure of non-cash investing and financing activities:
Net book value of assets exchanged
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	640	327	3,547	920	-	-	-	-
Changes in equipment purchases in accounts payable and accrued equipment
-1,468	22	-2,100	-2,843	-3,169	3,521	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Extinguishment of note receivable (Note 3)
-	-	-	-	-	-	0	0	0	3,071	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease obligations related to the purchase of equipment
-	-	-	-	-	-	-	-	0	1,294	-	0	0	0	-	-	-	-	0	0	0	4,017	-	-	-	-
Unrealized gain (loss) on hedging transactions, net of taxes
-	-	-	-	-	-	-	-	-	-	-	50	-235	20	-	-154	-192	-80	-81	-245	37	55	-	-	-	-
Comprehensive gain from hedging transactions, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47
Equipment purchases in accounts payable and accrued equipment
-	-	-	-	-	-	-	-	1,252	1,225	-	559	135	531	-767	693	-1,347	1,981	28	-1,530	570	1,214	2,660	-1,299	926	690
Noncontrolling interest assumed in connection with acquisitions
488	0	36,193	0	1,232	1,716	5,814	9,819	0	20,598	13,014	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Debt related to purchase of deposits on equipment
-	-	-	-	-	-	-	-	-	4,069	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment to equity of noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	0	0	1,700	-	0	0	0	-	-	-	-	-	-	-	-
Debt related to purchase of equipment
-	-	-	-	-	-	-	-	-	3,025	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment to equity of noncontrolling interest
-	-	-	-	-	-	-	-	-	-	0	0	0	1,700	-	0	0	0	-	-	-	-	-	-	-	-
Debt related to purchase of deposits on equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Debt related to other assets
-	-	-	-	-	-	-	-	-	854	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-