AMC Networks Inc. AMCX Cash Flow

Amc networks inc. (AMCX)

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
Cash flows from operating activities:
Net income including noncontrolling interests
73,526	348	123,226	133,985	150,157	76,439	116,660	110,332	160,536	148,545	90,836	107,625	142,631	19,039	67,472	83,388	120,064	90,686	76,900	87,442	126,676	81,637	53,103	58,448	71,237	34,962	57,950	135,731	61,517	15,505	36,543	41,405	43,077	29,265	40,317	27,058	29,722
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-966	-1,732	-750	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization
26,730	25,530	25,619	25,893	24,056	27,247	22,011	21,669	20,354	29,601	20,938	20,606	23,493	21,311	22,282	21,553	19,632	20,602	20,862	21,040	20,527	18,828	18,295	17,531	14,394	8,079	9,935	18,308	18,345	17,894	18,368	24,067	25,051	24,651	25,012	25,259	24,926
Share-based compensation expense related to equity classified awards
15,512	13,635	13,841	16,725	19,899	8,994	16,934	19,753	15,319	12,088	13,817	15,131	12,464	10,028	9,381	11,323	8,165	7,110	7,821	8,801	7,288	6,794	7,730	8,759	5,080	5,250	5,108	5,604	4,337	4,356	4,362	4,901	3,583	3,349	4,320	4,412	3,931
Non-cash restructuring and other related charges
3,928	72	0	12,855	1,171	7,440	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization and write-off of program rights
223,982	278,509	227,339	263,712	205,275	276,845	215,332	250,331	218,626	287,178	234,037	233,506	199,517	249,242	239,569	202,670	170,821	222,936	182,448	173,123	170,038	171,670	166,709	142,096	149,371	184,468	111,064	103,694	98,382	120,583	89,850	77,602	67,442	104,512	61,344	58,455	54,417
Amortization of deferred carriage fees
6,783	6,963	6,863	5,051	2,710	4,235	4,304	4,402	4,401	4,401	4,401	4,402	4,401	4,401	4,402	4,247	3,940	4,005	4,004	4,005	4,004	3,214	2,647	2,751	2,750	2,797	2,635	2,448	2,710	2,661	2,181	2,185	2,184	5,990	5,991	5,988	5,993
Unrealized foreign currency transaction loss (gain)
-7,848	16,814	-1,136	-3,854	4,501	-2,769	-1,154	-2,716	4,582	600	6,540	7,364	754	-8,970	-434	-24,836	-3,530	-21,036	-14,084	17,152	-8,807	-8,295	-16,335	3,056	-1,718	6,493	67	-17	0	-	-	-	-	-	-	-	-
Unrealized (gain) loss on derivative contracts, net
-	-	-	-	-	2,628	23,526	3,338	13,984	-365	5,808	10,304	11,486	371	2,613	-900	-164	-660	-564	-1,097	306	-637	1,379	182	856	1,711	-194	2,078	718	-8,739	0	0	0	-	-	-	-
Amortization of deferred financing costs and discounts on indebtedness
1,918	2,037	2,023	1,993	1,954	1,969	1,946	1,919	1,881	1,906	1,979	2,269	2,282	2,344	2,359	2,391	2,247	2,260	2,267	2,246	2,230	2,240	2,231	2,193	2,012	5,580	1,879	1,846	1,819	3,342	2,501	2,058	2,505	2,593	2,117	6,507	942
Loss on extinguishment of debt
-2,908	-	-	-	0	-	-	-	-	-	-	-	-	-1	-2,295	-9	-48,334	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense
1,211	9,013	691	584	2,353	1,244	4,231	1,010	914	-71	1,430	1,247	961	210	265	921	528	-446	923	1,342	-114	-1,329	1,262	879	216	-38	1,510	-24	-8	-630	-539	-201	105	-332	123	-388	935
Deferred income taxes
15,900	26,329	-25,180	-31,207	-8,858	-6,037	10,114	-2,510	31,800	-57,990	-2,589	7,853	4,061	-3,438	10,855	-7,914	12,139	29,465	-19,918	2,719	7,350	25,133	-29,226	-16,737	22,037	27,276	5,749	107,250	31,229	-118,159	-9,756	20,595	18,806	15,885	17,267	17,656	18,352
Write-down of non-marketable equity securities and note receivable
20,000	-	-	-	17,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	25	-17	-71	852	313	259	366	3,672	1,136	954	188	4,520	55	2,027	1,560	1,333	225	5,767	1,492	0	-	-	-	-
Other, net
1,044	5,649	-6,424	-3,199	1,142	6,198	-7,831	9,292	-2,348	-6,397	-975	-3,920	278	-1,950	-2,503	-1,976	46	2,930	-1,827	-2,673	2,427	6,027	-1,774	-339	0	-108	-687	0	-657	-1	-99	0	0	-	-	-	-
Changes in assets and liabilities:
Accounts receivable, trade (including amounts due from related parties, net)
-27,178	50,338	-16,004	7,582	1,429	49,773	-38,086	22,542	17,877	61,245	-30,187	27,523	15,980	59,243	-78,283	36,094	9,442	117,188	-24,279	-80,337	98,392	80,696	-12,038	-12,000	16,326	61,560	3,228	-1,209	16,504	44,267	-39,574	8,351	-1,327	54,169	-9,247	17,684	-17,856
Amounts due from related parties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,081	-	-	-	-411	533	-2,410	-401	-490	784	-298	-1,165	-1,354	-202	2,528	-247	3,922	269	9,913	-13,193	12,613
Prepaid expenses and other assets
-17,532	20,928	81,358	13,784	26,233	-24,980	15,392	6,865	5,512	-9,484	38,322	12,981	18,160	-38,363	26,254	24,940	-7,850	-19,310	28,306	13,831	1,528	4,469	35,389	-10,605	-25,384	21,162	11,058	12,528	8,088	5,372	20,599	5,576	-6,705	-7,840	-4,802	15,189	892
Program rights and obligations, net
-221,627	-293,182	-233,199	-252,868	-190,651	-307,655	-199,723	-222,743	-248,642	-276,573	-261,763	-247,200	-211,280	-285,305	-221,600	-274,094	-192,194	-223,076	-203,842	-234,002	-178,203	-179,853	-174,100	-150,837	-185,447	-159,214	-116,471	-147,766	-93,892	-128,927	-116,631	-108,248	-58,687	-133,980	-93,307	-67,851	-63,791
Income taxes payable
369	-1,882	-5,847	-31,166	40,114	-12,001	-3,176	-17,552	15,723	2,572	-14,444	-67,721	57,627	32,739	-3,222	-23,762	37,398	-20,903	13,411	-35,656	38,352	5,587	6,561	7,424	4,568	460	684	-32,122	-80,903	108,019	8,721	-1,670	1,670	-	-	-	-
Deferred revenue
9,522	-1,728	9,288	5,307	-4,200	-9,923	-861	-588	4,980	-5,024	3,379	1,196	-11,104	-40,562	1,418	25,356	3,952	12,049	-18,333	19,217	14,562	-5,926	-3,648	15,857	4,010	-8,342	-10,552	-306,382	-12,424	328,085	144	7,343	1,635	-	-	-	-
Deferred carriage fees, net
15,484	624	812	13,175	422	1,050	752	838	1,610	371	933	2,883	430	-15	501	8,777	1,133	791	1,687	321	16,817	-171	124	10,060	3,050	166	10,066	192	214	3,460	0	286	148	-	-	-	-
Deferred carriage fees and deferred carriage fees payable, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,008
Accounts payable, accrued liabilities and other liabilities
-20,372	-5,874	35,785	272	-58,591	85,463	9,238	17,157	-63,007	24,242	34,962	-9,944	-33,651	24,159	14,689	63,153	-68,886	15,366	37,341	13,089	-23,445	62,430	40,686	3,143	-18,787	14,272	23,611	22,687	-42,781	26,325	12,073	34,062	-34,370	42,035	16,484	-634	-29,334
Net cash provided by operating activities
198,408	83,351	111,460	117,250	171,687	134,735	193,235	161,605	116,972	112,156	107,596	21,107	144,870	87,733	197,028	62,180	167,384	69,066	110,732	110,046	80,195	113,932	84,379	102,852	74,599	24,598	66,461	-102,693	-37,829	345,130	58,398	88,641	76,963	52,872	83,239	70,686	48,436
Cash flows from investing activities:
Capital expenditures
12,916	22,508	19,633	27,410	22,053	29,028	23,372	25,460	11,942	18,255	21,858	19,730	20,206	34,715	20,319	11,799	12,387	19,511	15,686	14,876	18,248	15,399	5,585	12,566	6,189	5,967	4,666	5,667	8,003	4,884	7,054	3,781	2,838	8,242	2,789	2,741	1,599
Return of capital from investees
0	-3,852	3,324	2,000	3,908	3,565	176	175	172	2,447	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payment received on loan to investee
1,250	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in and loans to investees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-960	25,210	1,391	3,984	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments for (Proceeds from) Investments
-	-	-	-	-	-	-	45,170	42,318	-	0	15,000	28,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investments
-10,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	17,654	0	-36	6,581	160,160	31,217	0	993,210	-2,500	2,500	0	0	-	-	-	-	50	135	0	135
Proceeds from sale of equipment, net of costs of disposal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13	0	0	13
Proceeds from insurance settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	654	0	0	0	657	0	0	0	0	-	-	-	-
Net cash used in investing activities
-1,666	-29,843	-16,309	-25,410	-18,145	-74,299	-26,463	-105,334	-54,088	-25,808	-21,858	-34,730	-48,206	-129,715	-20,319	-12,153	-12,387	-37,165	-15,686	-13,880	-50,039	-171,113	-40,786	-12,566	-998,745	-5,967	-7,166	-5,667	-7,346	-4,884	-7,054	-4,616	-2,838	-8,305	-2,924	-2,741	-1,721
Cash flows from financing activities:
Proceeds from the issuance of long-term debt
5,000	0	1,521	-2,521	2,521	289	0	0	0	-	-	-	-	0	0	0	982,500	0	0	0	0	0	0	0	600,000	880,000	0	0	0	-	-	-	-	-	-	-	-
Capital contributions from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	20,813
Principal payments on long-term debt
209,375	10,375	9,896	-521	3,238	0	0	0	0	0	1,147,000	55,465	55,500	37,000	82,551	37,000	691,449	18,500	18,500	18,500	18,500	0	0	0	0	-	-	-	-	637,562	51,488	1,487	51,488	689,852	51,488	712,500	62,500
Premium and fees paid on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	1	1,765	9	39,179	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,070	0	0	0	0	0	0	230	9,036	12,452	10	2	530	1,028	182	171	40	-	-	-	-
Deemed repurchases of restricted stock units
8,900	-1	0	60	22,959	1,102	0	380	15,354	1,123	0	577	12,796	1	-13	421	10,413	-2	134	1,472	12,848	4,388	0	0	17,804	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
85,957	0	12,158	57,449	991	15,743	24,991	158,772	83,637	86,876	102,960	152,951	91,423	113,240	61,770	48,227	0	-	-	-	-	-	-	-	-	-	50	0	11,950	-	1	51	15,937	-	-	-	-
Proceeds from stock option exercises
0	0	0	0	4,630	0	0	4,317	0	-	-	-	-	11	1	16	1,200	157	152	901	130	33	145	82	843	37	171	876	675	6,703	77	169	1,828	-	-	-	-
Principal payments on finance lease obligations
781	-	-	-	1,309	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	25	-17	-71	852	313	259	366	3,672	1,136	954	188	4,520	55	2,027	1,560	1,333	225	5,767	1,492	0	-	-	-	-
Principal payments on finance lease obligations
-	-	-	-	-	1,060	1,253	1,219	1,406	1,145	902	1,125	1,401	1,106	1,107	989	1,086	553	943	29	1,420	-306	1,395	898	414	404	394	385	375	366	357	400	290	1,195	1,175	1,149	1,093
Distributions to noncontrolling interests
3,081	2,013	3,416	4,500	5,629	4,963	2,366	5,532	1,435	2,451	3,180	1,218	11,712	0	33	9	8,968	0	0	3,154	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-303,052	-13,443	-25,418	-65,290	-26,975	-22,579	-28,610	-161,586	-101,832	-91,595	271,553	-211,336	-172,832	-151,312	-147,229	-86,710	231,387	-18,613	-19,185	-60,515	-28,966	-2,913	-296	-23	578,109	-12,899	1,744	2,049	-10,847	-42,528	-46,184	-448	-65,927	-53,929	-52,985	45,637	-42,780
Net increase in cash and cash equivalents from operations
-106,310	40,065	69,733	26,550	126,567	37,857	138,162	-105,315	-38,948	-5,247	357,291	-224,959	-76,168	-193,294	29,480	-36,683	386,384	13,288	75,861	35,651	1,190	-60,094	43,297	90,263	-346,037	5,732	61,039	-106,311	-56,022	297,718	5,160	83,577	8,198	-9,362	27,330	113,582	3,935
Effect of exchange rate changes on cash and cash equivalents
-5,731	2,719	-2,689	-3,890	2,229	-47,688	10,431	-7,761	9,365	11,741	5,519	10,790	-1,573	-8,081	9,814	-22,647	95	-4,522	-9,366	11,102	-8,250	-35,161	-30,431	36,509	-15,975	6,543	0	0	0	-	-	-	-	-	-	-	-
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-236	-2,234	-485	0	0	0	0	-563	289	44	148	51	-394	-194	178
Net cash provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	188	186	376	0
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net decrease in cash and cash equivalents from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-236	-2,234	-485	0	0	0	0	0	289	44	148	239	-208	182	178