Allegiant Travel Co ALGT Cash Flow

Allegiant travel co (ALGT)

CashFlow / Quarterly

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	Dec'11	Sep'11	Jun'11	Mar'11
OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-33,009	60,521	43,929	70,543	57,124	41,446	15,147	50,016	55,193	83,375	23,384	49,038	42,351	42,586	45,453	60,847	71,980	56,709	44,460	54,338	64,823	4,751	14,110	33,367	34,075	17,264	16,997	25,687	31,831	14,642	16,886	25,183	21,703	10,810	9,486	11,949	17,153
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, Depletion and Amortization, Nonproduction
43,699	41,740	39,436	38,494	36,182	36,710	34,658	29,834	28,149	29,142	31,893	30,129	30,549	29,254	25,881	25,396	24,685	24,500	24,346	24,904	24,347	23,054	22,174	19,750	18,431	17,374	17,106	17,892	16,892	16,667	15,704	13,162	11,970	11,253	10,676	10,156	9,890
Special charges
163,360	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain)/loss on aircraft and other equipment disposals
-	-	-	-	-	86	3,765	-1,359	-132	2,715	1,718	2,353	2,548	1,471	3,982	1,478	-1,950	1,587	1,407	-1,180	2,816	3,133	1,192	1,425	1,350	3,033	2,034	1,618	1,315	1,925	686	1,417	56	793	185	3,719	97
Provision for obsolescence of expendable parts, supplies and fuel
-	-	-	-	-	-	-	-	-	-	-	923	830	-	760	548	495	421	403	386	394	345	343	318	295	287	180	180	180	180	120	90	90	90	45	45	45
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	410	365	-	409	388	357	154	248	455	242	4,424	-4,888	2,530	149	131	115	183	183	167	137	138	137	138	123	122	28
Share-based compensation expense
-	-	-	-	-	4,055	4,937	2,310	3,796	3,009	3,598	2,900	4,349	5,047	1,340	715	2,287	-262	4,454	1,249	5,033	2,910	9,327	2,297	2,189	1,888	2,722	2,899	2,309	800	1,139	1,144	986	1,164	1,184	1,309	1,078
Deferred income taxes
-	-	-	-	-	16,462	-3,481	12,506	12,735	-22,099	12,635	49,645	2,508	28,243	-417	519	2,234	6,320	940	-274	1,993	-8,685	-6,678	5,962	2,048	-965	-3,901	-1,286	4,207	1,595	5,355	266	-854	9,636	-1,602	-348	6,291
Other adjustments
67,890	-1,809	2,131	-13,717	18,916	2,708	596	157	1,080	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
-189,508	-	-	-	-16,136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	1,899	236	1,734	103	1,928	88	1,323	61	470	551	607	1,675	445	488	116	-	-	-	-
Changes in certain assets and liabilities:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,510	-1,534	1,827	-5,911	871	-1,573	1,323	-2,876	-2,021	-1,143	239
Air traffic liability
53,885	-93,166	626	-9,191	64,011	-35,363	-5,201	-19,841	52,474	-40,409	70,082	7,684	-50,078	28,535	20,340	351	-43,082	11,589	12,859	11,177	-48,446	9,813	-2,534	16,520	-41,726	-6,889	12,375	13,027	-37,987	-8,473	18,278	7,518	-46,469	-32,941	-24,915	-10,710	51,195
Accounts receivable
-	-	-	-	-	2,381	8,868	-40,160	-6,713	48,277	-1,137	6,590	-23,162	8,244	9,730	5,808	-5,581	198	1,707	-212	0	-	-	-	-	268	-327	2,300	-4,019	2,073	2,257	503	936	3,822	-386	88	1,490
Expendable parts, supplies and fuel
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,423	2,507	-2,748	-810	5,302	-1,103	984	147	-2,525	1,184	2,575
Prepaid expenses
-	-	-	-	-	-1,518	-3,807	6,077	4,439	-1,171	-651	559	8,917	1,148	-2,563	1,376	-1,960	-4,541	-2,120	-1,921	2,552	-3,663	-7,820	-581	3,473	10,660	-592	-3,829	2,287	-7,647	-2,888	-4,461	14,506	-2,387	1,122	-3,947	6,002
Accounts payable
-	-	-	-	-	11,070	-10,068	-2,328	9,959	1,127	1,408	-7,131	9,394	4,989	715	-764	4,269	-4,656	-2,896	-3,491	4,612	-5,343	2,171	-3,404	7,427	4,307	-5,238	-1,052	5,123	-6,840	905	-454	7,280	-10,750	-699	4,006	10,508
Accrued liabilities
-	-	-	-	-	6,045	-14,899	6,592	14,267	20,434	-21,565	20,943	-10,561	-15,487	-805	20,036	3,852	16,901	-16,137	1,420	12,489	905	2,470	668	5,200	2,502	-4,593	455	5,331	358	-5,953	-4,714	12,353	5,360	-971	578	-5,877
Deferred major maintenance
-	-	-	-	-	27,923	13,858	3,365	4,476	5,908	448	12,827	1,504	14,492	1,474	2,891	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets/liabilities
-	-	-	-	-	3,806	-353	-1,703	2,392	-1,643	1,974	5,187	-1,405	4,956	-3,657	3,077	-1,607	-3,325	6,015	742	-2,051	-7,748	4,649	3,444	729	2,250	-2,788	297	-420	606	-1,437	1,112	-567	993	2,041	-112	415
Net cash provided by operating activities
106,317	120,783	43,915	117,415	160,097	66,489	6,888	110,308	172,927	88,592	39,162	116,363	146,557	40,057	51,994	95,660	160,439	97,757	36,865	67,785	162,960	74,627	47,946	39,843	107,365	46,456	9,351	33,257	107,824	47,981	12,151	33,748	82,892	30,412	-4,771	24,583	79,687
Cash flows from investing activities:
Purchase of investment securities
105,382	38,733	266,877	62,180	68,447	108,404	94,134	74,990	93,933	89,504	30,901	96,270	146,625	152,578	94,343	107,617	89,994	84,576	110,880	79,755	82,335	48,620	216,542	3,290	66,086	124,853	28,105	51,067	147,591	134,468	51,053	56,016	143,558	15,823	131,199	50,086	161,927
Proceeds from maturities of investment securities
130,720	41,775	154,962	133,604	124,472	81,256	156,031	102,070	97,224	79,995	85,586	74,953	79,381	93,045	87,959	88,545	91,533	80,635	125,158	88,590	79,433	93,662	58,305	66,199	79,802	105,980	62,405	61,355	95,627	86,012	55,470	66,491	82,696	63,138	60,156	94,918	9,020
Aircraft pre-delivery deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment, including capitalized interest
134,483	156,658	115,718	111,918	122,551	60,775	86,543	118,289	69,167	246,503	214,900	60,310	58,536	-64,342	158,908	33,488	71,689	78,760	41,437	68,361	64,128	91,287	73,140	103,921	11,070	15,956	84,515	63,948	13,097	16,242	27,747	29,467	31,628	17,616	17,720	10,715	40,531
Change in deposits and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	3	-40	-10,187	13,330	-467	-1,746	-712	-2,553	-1,452	-2,721	-2,887
Interest during refurbishment of aircraft
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	123	138	125	39	196	-	-	-	-
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	-	93	158	243	1,048	167	286	112	362	359	68	162
Other investing activities
-2,283	-1,159	-446	-3,228	-6,973	-6,076	3,931	1,989	-521	-3,777	14	-970	-382	-2,791	-226	288	-4,061	-1,511	-958	416	-145	13	1,080	-2,588	755	-	-	-	-	-	-	-	-	-	-	-	-
Investment in unconsolidated affiliates, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,404	197	709	-2,785	2,565	-713	960	-2,074	-1,069	3,227	-87
Net cash used in investing activities
-106,862	-152,457	-227,187	-37,266	-59,553	-81,847	-28,577	-93,198	-65,355	-252,235	-96,761	-144,125	-125,398	-117,834	-165,066	-52,848	-66,089	-81,190	-26,201	-59,942	-66,885	-46,258	-232,457	-38,479	1,946	-32,181	-51,529	-53,659	-55,463	-74,333	-25,386	-16,286	-92,822	34,283	-85,883	33,679	-190,302
Cash flows from financing activities:
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,323	61	470	551	607	1,675	445	488	116	-	-	-	-
Payments of Dividends
11,478	-	11,409	11,411	11,394	-	11,314	11,310	11,295	-	11,258	11,533	11,671	-	11,540	11,572	32,783	-	5,095	4,265	48,050	-	0	0	41,787	-	0	0	0	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,734	-	-	-	2,240	42	990	862	189	3,015	1,881	1,624	1,022	520	267	968	79
Proceeds from the issuance of debt
128,296	104,501	0	276,435	494,000	19,501	180,927	10,797	0	205,000	158,000	112,540	22,000	200,750	92,410	0	28,000	28,000	29,000	26,500	37,500	0	0	385,300	0	-	-	-	-	-	-	-	-	0	7,000	0	132,000
Repurchase of common stock
33,773	-	-	-	2,279	-	-	-	-	12	5,505	80,017	4,923	3,008	44	7,686	55,633	8,336	38,332	28,048	54,739	9,782	55,833	93	73,397	3,617	47,035	30,078	2,877	4,151	266	136	441	122	0	1,555	245
Principal payments on debt and finance lease obligations
62,723	35,615	147,532	136,287	386,329	60,789	29,039	39,485	102,914	50,832	23,150	38,451	26,425	90,602	24,268	20,533	18,677	21,483	16,964	16,147	13,336	13,217	13,099	137,491	4,987	3,431	13,434	5,791	0	2,843	2,533	1,986	1,959	1,801	1,519	1,505	16,326
Debt issuance costs
2,530	741	1,833	699	30,060	519	738	233	176	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
0	3,083	3,014	-74	-2,615	3,368	4,305	2,208	-679	3,375	-593	701	-513	-436	-451	528	-235	-1,148	1,932	2,214	-1,686	-5,399	4,377	-372	-296	-	-	-	-	-	-	-	-	-	-	-	-
Payments for deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	204	-50	50	-	-	-	-	74	12	55	2,270
Sale (purchase) of interest in subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-24,580	23,180	-	-	-	-	-	-	-	-
Net cash provided by financing activities
17,792	59,870	-176,309	130,243	61,323	-49,800	140,524	-38,023	-115,064	142,924	117,494	-16,760	-21,532	95,059	56,107	-39,263	-79,328	-8,000	-25,590	-21,480	-78,577	-24,956	-64,555	243,781	-116,904	50,448	-11,213	-9,826	-25,311	-41,214	-623	13,971	-1,262	-1,293	5,788	-1,974	113,238
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH
17,247	28,196	-359,581	210,392	161,867	-65,158	118,835	-20,913	-7,492	-20,719	59,895	-44,522	-373	17,282	-56,965	3,549	15,022	8,567	-14,926	-13,637	17,498	3,413	-249,066	245,145	-7,593	64,723	-53,391	-30,228	27,050	-67,566	-13,858	31,433	-11,192	63,402	-84,866	56,288	2,623
Supplemental Cash Flow Information [Abstract]
CASH PAYMENTS (RECEIPTS) FOR:
Interest paid, net of amount capitalized
12,031	12,063	16,203	15,962	20,924	8,572	19,381	6,468	17,902	4,265	15,732	1,921	14,080	9,384	5,134	1,030	10,906	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax payments (refunds)
22	27	1,113	1,150	-4,490	-455	139	-41,321	37	-36,757	32,724	-14,341	374	30,794	19,890	32,082	27,846	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use (ROU) assets acquired
50,218	-	-	-	23,320	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment in accrued liabilities
46,452	-	-	-	3,565	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property capitalized under operating leases
-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Flight equipment acquired under finance leases
-	-	-	-	-	0	25,016	25,447	77,162	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash transactions:
Assets acquired in sale of ownership interest in subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	417	0	56	-	-	-	-	-	-	-	-
Deposits applied against flight equipment purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,277