AMN HEALTHCARE SERVICES, INC. AMN Cash Flow

Amn healthcare services, inc. (AMN)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
113,988	141,741	132,558	105,838	81,891	33,217	32,933	17,136	-26,265	-51,991	-122,177
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
58,520	41,237	32,279	29,620	20,953	15,993	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	13,545	14,151	16,416	15,084	13,812
Non-cash interest expense and other
-1,984	4,841	-2,231	2,416	1,934	1,392	1,336	2,921	3,787	3,240	4,583
Change in fair value of contingent consideration
7,178	-2,400	184	-24	-330	0	0	-	-	-	-
Increase in allowances for doubtful accounts and sales credits
6,275	9,006	10,339	12,008	6,684	4,393	4,628	6,786	4,411	3,911	4,334
Provision for deferred income taxes
913	-667	5,607	-9,424	12,677	11,779	3,031	6,951	-1,795	-10,711	-51,721
Share-based Payment Arrangement, Noncash Expense
16,241	10,815	10,237	11,399	10,284	7,157	-	-	-	-	8,709
Share-based compensation
-	-	-	-	-	-	6,125	6,224	7,132	8,284	-
Excess tax benefit from equity awards vested and exercised
-	-	-	3,351	7,449	1,819	1,521	44	109	125	0
Holdback settlement in equity from prior acquisition
-	-	-	-	-	-	3,046	0	0	-	-
Impairment charges for continuing operations
-	-	-	-	-	-	-	-	-	50,832	175,707
Impairment charges for discontinued operations
-	-	-	-	-	-	-	-	38,898	0	0
Gain on sale of discontinued operations
-	-	-	-	-	-	-	1,187	0	0	-
Loss on disposal or sale of fixed assets
-484	-117	-227	-69	-4	-60	-14	-32	-108	-123	-979
Write-off of fees on credit facilities
-594	-574	0	0	-	-	-	-	-	-	-
Amortization of discount on investments
298	202	127	0	0	-	-	-	-	-	-
Non-cash lease expense
-5	-	-	-	-	-	-	-	-	-	-
Write-off of assets due to discontinued operations
-	-	-	-	-	-	-	-	571	0	0
Loss on debt extinguishment
-	-	-	-	-	-3,113	-434	-9,815	0	0	-
Changes in assets and liabilities, net of effects from acquisitions:
Accounts receivable
-28,278	1,453	18,858	58,700	75,653	41,958	8,644	2,642	23,601	11,019	-84,915
Accounts receivable, subcontractor
22,571	9,131	-8,221	-1,542	22,365	10,172	-196	-4,030	5,415	4,283	3,815
Income taxes receivable
4,464	-15,099	15,537	-6,469	-7,867	-768	1,572	-3,035	-388	-140	460
Prepaid expenses
-774	-4,465	2,316	455	2,915	1,933	633	-	-	-	-
Other current assets
-2,847	1,259	-4,301	5,662	5,409	-1,920	-3,859	8,684	825	-1,185	-5,972
Other assets
12,751	-5,239	5,406	3,562	4,785	268	11,865	1,537	247	911	-971
Accounts payable and accrued expenses
1,925	17,154	-7,862	17,705	29,611	6,125	6,244	-680	3,660	8,936	-6,363
Accrued compensation and benefits
32,758	10,252	13,430	19,142	11,888	11,515	6,367	5,794	6,035	-166	-20,817
Other liabilities
-6,090	-8,980	-8,442	8,147	-2,103	-4,488	13,129	-3,029	-3,837	-4,440	-3,527
Deferred revenue
-1,806	319	-548	732	1,313	-114	-90	-692	-	-	-
Restricted cash, cash equivalents and investments balance
-	-	-	-	7,784	9,002	4,301	0	0	-	-
Restricted investments balance
-78	92	0	0	-	-	-	-	-	-	-
Net cash provided by operating activities
224,862	226,993	160,518	133,909	56,313	27,678	60,169	58,380	19,312	8,089	98,732
Cash flows from investing activities:
Purchase and development of fixed assets
35,218	35,206	26,529	21,956	27,010	19,134	9,047	5,472	4,648	4,168	3,789
Purchase of investments
26,309	33,824	15,096	13,152	0	0	-	-	-	-	-
Proceeds from maturity of investments
32,135	25,000	20,301	2,000	0	0	-	-	-	-	-
Change in restricted cash, cash equivalents and investments balance
-	-	-	-	0	-12,550	-47	617	-2,717	-1,064	22,025
Equity investment
0	6,100	2,000	0	1,000	5,000	0	0	-	-	-
Payments to fund deferred compensation plan
12,507	9,917	10,537	6,911	3,004	2,174	1,298	1,383	-	-	-
Purchase of convertible promissory note
779	750	0	0	-	-	-	-	-	-	-
Payments to Acquire Businesses, Gross
247,906	217,360	0	-	-	-	-	-	-	-	-
Cash paid for other intangibles
1,240	1,180	0	0	-	-	-	-	-	-	-
Payments for Previous Acquisition
0	0	1,500	1,848	990	0	0	-	-	-	-
Proceeds from sales of assets held for sale
-	-	-	-	-	-	600	9,050	0	0	-
Net cash used in investing activities
-291,824	-279,337	-35,361	-258,361	-116,085	-28,228	-49,198	1,578	-1,981	-6,846	-29,245
Cash flows from financing activities:
Capital lease repayments
-	-	-	7	4	529	681	650	673	647	889
Payments on term loans
150,000	0	44,063	167,813	7,500	155,245	10,000	246,880	0	0	-
Proceeds from term loans
150,000	0	0	75,000	0	150,000	0	198,000	0	0	-
Payment of prior notes payable discount
-	-	-	-	-	-	-	-	-	2,755	4,400
Repayments of Lines of Credit
221,000	75,000	0	206,500	25,000	39,500	16,000	3,000	-16,900	0	31,500
Proceeds from prior revolving credit facility
-	-	-	-	-	-	-	-	19,900	0	-
Proceeds from revolving credit facility
101,000	195,000	0	124,000	89,500	47,500	26,000	0	-	-	0
Proceeds from senior notes
300,000	0	0	325,000	0	0	-	-	-	-	-
Repurchase of common stock
18,705	67,013	20,164	13,261	0	0	-	-	-	-	-
Prepayment penalty associated with the prior credit facilities
-	-	-	-	-	-	-	1,200	0	0	-
Payment of financing costs
5,223	2,331	0	6,561	0	3,488	364	3,938	855	3,629	6,199
Earn-out payments for prior acquisitions
5,700	1,713	3,677	900	0	0	-	-	-	-	-
Proceeds from termination of derivative contract
0	0	-85	238	0	-	-	-	-	-	-
Payment on reduction of derivative contract
-	-	-	-	-	0	-	-	-	-	-
Proceeds from prior notes payable
-	-	-	-	-	-	-	-	-	117,750	110,000
Repayments of prior notes payable
-	-	-	-	-	-	-	-	13,875	7,449	114,816
Payments on termination of derivative contracts
-	-	-	-	-	-	-	-	-	-	1,855
Proceeds from exercise of equity awards
-	-	-	-	3,663	1,792	1,177	530	0	0	12
Cash paid for shares withheld for taxes
13,773	11,432	9,374	5,781	11,908	4,448	2,670	1,075	2,058	1,087	168
Payment on NF Investors, Inc. (NFI) then-existing debt
-	-	-	-	-	-	-	-	-	132,918	0
Excess tax benefit from equity awards vested and exercised
-	-	-	3,351	7,449	1,819	1,521	44	109	125	0
Change in bank overdraft
-	-	-	-	-	-	-	-	-948	4,161	-3,995
Net cash provided by financing activities
136,599	37,511	-77,193	126,290	56,200	-2,099	-1,017	-58,169	-15,300	-26,449	-53,810
Effect of exchange rate changes on cash
1	263	-98	267	75	142	-55	-70	48	36	60
Net increase in cash, cash equivalents and restricted cash
69,638	-14,570	47,866	2,105	-3,497	-2,507	9,899	1,719	2,079	-25,170	15,737
Supplemental disclosures of cash flow information:
Cash paid for amounts included in the measurement of operating lease liabilities
17,817	-	-	-	-	-	-	-	-	-	-
Cash paid for interest (net of $159 and $102 capitalized for the three months ended March 31, 2020 and 2019, respectively)
23,730	21,283	17,936	8,057	5,806	4,599	7,405	13,698	19,667	16,429	7,387
Cash paid for income taxes
37,747	30,593	73,746	73,366	33,132	17,880	18,865	1,860	388	-84	5,609
Business Combinations [Abstract]
Acquisitions:
Fixed assets acquired through capital leases
-	-	-	-	-	-	-	-	-	-	-2,145
Fair value of tangible assets acquired in acquisitions, net of cash and restricted cash received
29,660	24,026	0	18,703	26,771	1,631	9,899	0	0	58,597	0
Goodwill
157,036	97,910	0	136,101	50,227	9,750	21,318	0	411	116,240	0
Intangible assets
107,580	122,110	0	89,064	34,237	9,960	19,790	0	0	65,044	0
Liabilities assumed
31,148	16,586	0	21,474	22,954	3,821	11,507	0	411	-47,447	0
Holdback provision
-	-	-	1,830	1,500	1,650	0	0	-	-	0
Earn-out liabilities
15,222	10,100	0	4,070	2,700	1,400	0	0	-	-	-
Cash payment for holdback liability for prior year acquisitions
-	-	-	-	-	-	-	-	50	511	3,431
Net cash paid for acquisitions
247,906	217,360	0	216,494	84,081	14,470	39,500	0	0	3,231	0
Supplemental disclosures of non-cash investing and financing activities:
Purchase of fixed assets recorded in accounts payable and accrued expenses
2,301	1,706	2,962	2,134	3,337	4,618	3,727	282	-	-	-
NFI then-existing debt
-	-	-	-	-	-	-	-	-	-132,918	0
Preferred Stock Issued
-	-	-	-	-	-	-	-	-	-28,376	0
Common Stock Issued
-	-	-	-	-	-	-	-	-	-27,909	0