Arlington asset investment corp. (AIW)
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'11
Cash flows from operating activities:
Net investment loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,100

-11,253

-13,529

-

-5,663

-8,677

2,808

-

-

-

11,224

Net (loss) income

-94,170

27,410

-7,737

-23,525

17,594

-26,305

-5,501

-3,608

-56,383

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-17,928

5,254

-

18,813

12,894

-31,618

18,811

-52,630

6,601

-42,185

-30,966

12,847

18,839

7,033

43,359

3,093

3,194

3,177

167,913

3,123

2,144

10,762

-

-

-

19,785

Adjustments to reconcile net (loss) income to net cash provided by operating activities
Investment loss (gain), net

-100,068

23,308

-8,231

-26,683

13,803

-68,910

-2,257

-4,516

-48,139

10,238

13,368

-15,970

-1,762

-31,203

20,722

-8,947

-49,890

1,653

-59,757

-7,518

-52,807

-15,297

-6,982

7,903

-5,911

-

-

-

-

-

-

-

-

-

-

-

-

Net premium amortization on mortgage-backed securities

-4,587

-5,963

-7,358

-7,199

-5,943

-7,216

-8,381

-8,274

-7,925

-8,586

-8,829

-8,527

-7,411

-9,163

-7,976

-6,343

-5,328

-5,503

-7,539

-8,077

-3,758

-15,656

3,531

3,408

3,317

2,970

2,454

2,083

1,795

1,976

2,454

2,825

2,633

2,891

1,985

1,930

4,061

Deferred tax provision

-

-

-

-

-

-33,639

9,628

6,493

18,251

13,521

709

16,384

8,283

22,638

15,712

-10,196

-824

5,015

14,892

4,360

12,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,610

11,579

4,125

-27,627

1,952

2,201

-350

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

12

12

12

12

Other

-521

-941

-879

-279

-833

606

-677

-288

-511

-1,183

-1,069

-345

-900

-796

-802

-594

-517

-853

672

-266

-111

-834

-238

-634

-630

-879

-638

-448

-495

0

-52

-401

-161

-103

-68

-74

-391

Changes in operating assets
Interest receivable

-4,536

-1,021

-787

-1,657

779

-1,469

1,450

706

116

118

-357

-938

2,077

963

251

624

-2,128

478

-815

1,004

568

1,442

351

3,034

701

-98

-696

1,836

-738

1,892

-383

825

169

-50

-105

266

1,143

Other assets

86

-4,890

78

-220

493

-37

-102

-144

399

-305

-266

-526

380

487

-122

-73

-2,051

797

-4,481

3,753

-823

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-197

-

208

-379

-12

-102

396

91

4

-393

201

-356

337

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,264

1,733

-

689

656

-189

-910

852

778

-1,470

-564

-262

-9,601

8,937

Changes in operating liabilities
Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Interest payable and other liabilities

-3,282

729

-415

-2,497

689

443

993

238

-1,147

1,802

-87

991

-1,410

2,255

-3,267

2,991

-2,510

1,472

-85

389

-320

381

-712

-367

358

3,848

-714

693

-3,934

1,006

450

-301

302

572

-73

1,023

-431

Accrued compensation and benefits

-2,794

124

1,066

1,016

-2,312

67

1,253

791

-3,394

805

1,252

1,369

-3,817

1,091

1,520

1,372

-3,747

876

1,305

1,427

-4,505

1,700

1,510

1,628

-4,355

1,559

1,432

1,454

-403

-3,410

2,389

1,250

-4,863

1,483

1,552

1,425

-2,892

Proceeds from sales of agency mortgage-backed securities

1,762,433

663,094

1,825,691

1,077,917

461,558

571,384

319,374

653,681

842,741

853,005

633,394

879,389

116,915

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receipt of principal payments on private-label mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

336

421

535

785

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receipt of principal payments on agency mortgage-backed securities

121,715

150,504

148,047

126,915

94,067

117,265

133,779

124,254

109,323

123,018

128,372

123,870

105,401

143,981

140,257

118,155

93,459

95,313

127,780

155,697

88,980

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

9,380

17,770

10,091

11,032

7,672

17,592

16,340

16,430

13,387

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,358

7,640

2,230

8,937

8,292

18,870

-8,837

Cash flows from investing activities:
Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

15,926

-

20,705

22,394

21,215

29,602

35,402

23,881

22,053

22,018

27,862

11,507

8,148

19,817

14,846

15,047

11,658

-

-

-

-

-

-

-

-

Proceeds from sales of private-label mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,501

20,826

82,952

20,859

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of agency mortgage-backed securities

1,762,433

663,094

1,825,691

1,077,917

461,558

571,384

319,374

653,681

842,741

853,005

633,394

879,389

116,915

351,283

499,354

517,447

933,927

256,383

567,820

181,888

51,751

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of non-agency mortgage-backed securities

30,054

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receipt of principal payments on private-label mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

336

421

535

785

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receipt of principal payments on agency mortgage-backed securities

121,715

150,504

148,047

126,915

94,067

117,265

133,779

124,254

109,323

123,018

128,372

123,870

105,401

143,981

140,257

118,155

93,459

95,313

127,780

155,697

88,980

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receipt of principal payments on non-agency mortgage-backed securities

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available-for-sale mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,842

50,962

71,878

32,028

22,211

470

0

0

0

6,212

10,978

Purchases of trading mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

254,986

-

174,975

838,476

125,557

757,272

93,890

338,150

170,224

31,944

0

167,568

495,974

Proceeds from sales of available-for-sale mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,626

-

27,086

23,019

4,779

33,117

985

0

0

1

5,917

11,264

62,030

Proceeds from sales of trading mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

336,710

195,553

304,750

63,487

176,883

90,519

21,548

25,074

0

70,675

105,603

Receipt of principal payments on available-for-sale mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,001

-

1,127

1,498

1,499

-

1,390

-93

3,516

-311

3,078

2,364

5,733

Receipt of principal payments on trading mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,808

-

51,193

47,610

33,675

30,336

21,559

17,372

13,771

12,928

11,505

6,393

6,862

Proceeds from sold securities receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

26,773

-

-

-

-

-

-

-

-

Payments for derivatives and deposits, net

100,818

-26,765

33,962

37,027

67,803

84,944

-36,230

-5,383

-34,619

-34,483

-12,244

41,193

-19,140

-72,124

-12,296

49,170

101,528

-34,134

98,169

-32,188

77,378

73,200

3,593

49,258

23,980

-10,683

17,296

-46,395

-2,428

2,888

8,841

19,011

-926

2,539

38,228

27,503

4,120

Payments for purchased securities payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-2,555

Proceeds from sold securities receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82,642

0

0

-41,321

0

0

0

0

Other

-

0

14

26

-71

8

-44

-3

18

979

-4

-1,390

-17

36

-159

32

-15,764

8,315

6,161

-325

-39

-177

-163

3

-16

-117

70

-57

-28

-32

-1,577

38,203

-38,262

-2,372

1,304

-5,324

71

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-632,833

-

-42,380

-286,433

558,661

-150,958

147,086

-258,913

-246,478

-510,258

-94,679

-974,166

-235,515

53,708

178,933

-575,306

176,497

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

1,614,251

115,524

-189,937

433,302

-305,385

357,803

-352,043

-167,598

79,197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77,452

-303,856

-50,880

5,581

-19,032

-113,503

-325,230

Cash flows from financing activities:
(Repayments of) proceeds from repurchase agreements, net

-1,544,771

-116,669

166,367

-432,588

242,498

-370,622

339,669

169,224

-83,823

-27,657

-218,861

-328,156

592,753

272,205

60,321

254,196

227,601

-318,976

-478,016

260,082

191,915

511,209

2,315

894,729

223,892

-26,614

-201,072

568,145

-290,020

630,135

-95,995

294,433

20,641

-8,010

16,743

101,195

347,828

(Payments for) proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Federal Home Loan Bank advances, net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

786,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Payments for) proceeds from issuance of common stock

-6

-8

-7

1

48,810

1,261

20,377

711

-23

-

-

-

-

-

-

-

-

-

-

-

-

-35

85,514

-100

81,769

0

0

-149

87,113

-118

83,352

5,851

40,164

0

0

0

0

(Payments for) proceeds from issuance of preferred stock

-16

-12

-13

70

28,925

107

131

440

459

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term debt issuance, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-125

34,188

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits associated with stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-329

18

68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

9,098

9,098

9,056

14,680

11,686

11,627

10,971

15,730

15,592

15,669

14,471

14,913

14,877

14,507

14,469

14,446

14,448

14,483

20,195

20,214

20,195

20,195

17,348

17,308

14,630

14,630

14,633

14,587

0

23,178

8,566

8,319

6,785

6,785

6,785

5,804

4,655

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

229

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

577,888

-

45,523

239,768

-573,679

144,814

-189,799

240,557

205,908

490,979

70,956

877,321

291,031

-41,244

-215,705

577,447

-202,907

-

-

-

-

-

-

-

-

Repayments of short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

970

Net cash (used in) provided by financing activities

-1,553,891

-125,787

157,291

-447,197

308,547

-380,881

349,206

154,645

-98,979

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21,209

291,965

54,020

-14,795

9,958

95,391

341,974

Net increase in cash and cash equivalents

69,740

-

-

-

10,834

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

3,477

-6,395

-

-46,940

57,533

-39,019

12,033

23,848

-24,271

6,197

23,458

-7,311

5,525

-18,517

2,739

4,139

-85,338

63,664

32,281

-21,926

17,188

-14,752

-49,901

64,601

-4,251

5,370

-277

-782

758

7,907

Supplemental cash flow information:
Cash payments for interest

19,243

19,852

23,906

27,806

25,442

26,089

21,957

18,893

17,434

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash payments for interest

-

-

-

-

-

-

-

-

-

-

-

-

11,029

-

7,250

6,647

7,708

4,125

5,178

4,414

3,636

3,227

2,919

2,510

2,303

2,384

2,309

1,863

1,716

1,604

1,256

1,049

979

605

619

588

378

Cash payments for taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

550

970

390

399

215

107

222

123

288

271

274

0

170

343

80

115

Non-Agency MBS
Purchases of mortgage-backed securities

49,353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Agency MBS
Purchases of mortgage-backed securities

149,781

646,357

2,129,699

734,477

793,278

245,902

841,470

950,919

907,468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-