AUTONATION, INC. AN Cash Flow

Autonation, inc. (AN)

CashFlow / TTM

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	Dec'10	Sep'10	Jun'10	Mar'10
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:
Net income (loss)
125,700	450,000	385,000	397,500	394,300	396,000	454,600	440,100	430,200	434,600	398,600	408,400	432,700	430,500	412,700	423,900	427,000	442,600	461,800	449,800	435,100	418,700	411,400	397,500	387,000	374,900	348,700	337,700	326,400	316,400	302,600	291,700	285,000	281,400	279,300	265,500	240,800	226,600	0	0	0
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Loss from discontinued operations
-800	-800	-1,000	-800	-400	100	100	300	100	-400	-500	-900	-1,000	-1,200	-1,200	-1,200	-1,200	-1,100	-1,000	-700	-900	-1,100	-1,200	-1,200	-1,100	-900	-300	-400	-600	-900	-1,700	-1,400	-2,400	-2,800	-3,100	-4,600	-6,000	-8,700	0	0	0
Depreciation and amortization
184,500	180,500	175,900	173,600	170,300	166,200	164,600	163,100	161,300	158,600	154,400	149,300	145,900	143,400	140,700	137,300	133,500	127,400	121,600	115,900	110,000	106,900	104,200	101,100	98,200	95,300	92,500	91,300	88,800	87,300	85,900	83,900	84,200	83,700	82,300	80,100	78,600	76,800	0	0	0
Amortization of debt issuance costs and accretion of debt discounts
5,100	5,200	5,100	5,000	5,000	5,400	5,600	5,800	5,900	5,600	5,600	5,500	5,500	5,400	5,300	5,200	4,900	4,700	4,800	5,000	5,400	5,700	5,700	5,800	5,700	5,700	5,700	5,600	5,700	5,600	5,300	5,000	4,500	4,300	4,300	4,200	4,000	3,500	0	0	0
Stock-based compensation expense
21,900	31,100	31,600	25,700	24,900	25,500	24,500	23,500	30,300	20,600	20,700	21,200	14,400	25,100	25,300	26,000	28,200	24,000	26,000	26,400	30,100	26,300	25,500	25,800	21,900	21,300	20,700	20,200	19,500	18,600	17,900	18,100	18,300	18,400	18,000	16,800	15,800	15,900	0	0	0
Deferred income tax provision (benefit)
-23,600	45,800	38,900	14,800	14,300	14,500	-14,300	-25,400	-22,200	-19,000	8,800	900	3,100	3,700	-10,500	12,800	12,100	10,000	20,700	11,000	10,700	9,500	6,400	8,700	7,100	9,900	26,800	26,400	27,900	26,800	30,600	34,600	31,300	31,100	17,800	11,600	11,200	12,800	0	0	0
Net gain related to business/property dispositions
36,600	44,900	38,200	49,900	53,700	57,600	90,100	86,200	98,000	95,400	76,700	73,900	66,100	62,600	36,700	35,000	28,400	23,800	18,200	12,500	7,000	13,800	20,100	16,100	18,200	9,800	2,200	2,300	100	300	700	1,900	1,900	3,500	6,200	5,000	4,800	2,800	0	0	0
Goodwill, Impairment Loss
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Franchise rights impairment
67,100	9,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash impairment charges
10,500	2,200	3,200	2,900	2,100	3,200	28,600	28,200	27,700	26,400	0	6,000	13,100	14,000	15,600	11,400	6,800	6,100	5,300	3,300	1,000	1,100	1,000	1,000	1,000	700	0	0	0	-	-	-	-	-	-	-	-	3,700	0	0	0
Excess tax benefit from stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	600	4,900	6,800	10,400	17,900	16,300	19,000	20,400	18,000	16,900	16,300	12,700	10,000	11,100	13,000	13,500	10,600	0	0	0	-	-	-	-	-	-	-	-
Other
1,200	6,800	800	-800	1,100	-800	4,600	5,200	100	7,300	13,400	13,900	21,700	10,600	4,200	-2,600	-5,900	-1,300	-3,700	-1,600	1,600	2,000	6,100	8,000	5,100	6,800	4,700	8,000	5,000	4,000	2,100	-2,600	-600	-300	-900	1,000	-600	-2,300	0	0	0
(Increase) decrease, net of effects from business acquisitions and divestitures:
Receivables
-266,300	-56,200	32,100	-68,900	-112,400	-133,700	-104,200	37,700	48,600	61,600	93,200	-22,500	58,900	99,300	13,700	26,900	-30,900	91,800	105,700	84,000	115,800	80,300	57,000	71,700	80,400	46,300	88,200	84,500	72,700	112,000	113,200	134,400	94,600	127,400	10,200	11,300	22,600	55,900	0	0	0
Inventory
-66,100	-296,000	-44,500	-10,500	283,200	319,500	99,700	10,800	-47,400	-39,300	-32,800	1,800	-219,800	-259,100	-42,100	189,800	672,300	548,800	444,500	374,900	165,800	27,300	164,700	142,300	172,800	400,100	230,500	413,100	411,100	474,700	540,400	297,700	252,900	-70,100	-150,500	176,300	193,400	448,600	0	0	0
Other assets
-12,800	-49,500	-27,500	-13,400	500	107,900	117,100	108,600	95,200	37,000	16,600	19,300	25,900	33,600	37,100	34,500	33,900	8,800	25,700	38,300	27,800	41,100	32,900	29,300	29,900	21,500	24,500	23,600	25,100	35,800	38,300	34,700	28,500	23,600	9,100	600	-15,500	-28,600	0	0	0
Increase (decrease), net of effects from business acquisitions and divestitures:
Vehicle floorplan payable - trade, net
-229,700	-240,600	-3,300	2,400	244,500	242,400	105,800	97,800	7,600	-64,400	9,100	-40,200	-218,500	-196,400	-98,800	102,100	545,300	488,000	352,900	330,300	72,400	-27,200	105,100	59,700	145,800	364,200	254,500	435,800	429,500	404,000	516,200	321,000	213,300	-17,600	-158,300	42,000	106,000	352,600	0	0	0
Accounts payable
-46,500	-17,600	-7,200	-11,300	-33,000	1,700	-2,000	-12,400	-6,700	500	-27,500	-500	-1,600	-5,800	17,000	17,800	13,600	37,700	27,300	12,300	34,700	7,500	17,500	23,600	50,000	36,700	30,500	36,800	-1,300	30,400	47,700	5,300	6,800	36,600	-15,300	19,300	43,900	11,800	0	0	0
Other liabilities
-92,600	-22,100	700	-18,900	-33,400	-2,000	49,500	111,500	113,800	139,100	91,800	62,500	61,900	43,800	42,300	31,400	27,000	41,000	93,400	89,600	107,800	118,700	89,500	76,500	64,900	63,800	49,100	60,200	74,200	60,000	88,000	94,200	74,300	39,500	11,500	-5,500	30,200	14,700	0	0	0
Net cash provided by continuing operations
623,200	769,200	641,400	645,800	571,400	510,400	617,600	591,500	553,300	540,400	495,000	527,600	504,700	517,300	511,700	494,100	506,800	508,200	508,500	517,600	470,100	486,200	469,800	417,200	463,600	478,900	468,100	470,700	448,800	317,600	377,500	371,100	322,500	375,900	360,900	239,700	329,600	246,500	0	0	0
Net cash provided by discontinued operations
0	0	0	0	600	600	600	600	-100	-300	-800	-1,100	-1,300	-1,300	-1,000	-1,000	-1,000	-1,000	-1,000	-1,100	-1,000	-1,100	-1,100	-1,000	1,000	5,200	5,100	5,200	2,800	-1,000	-500	-300	500	500	4,300	4,500	6,300	5,300	0	0	0
Net cash provided by operating activities
623,200	769,200	641,400	645,800	572,000	511,000	618,200	592,100	553,200	540,100	494,200	526,500	503,400	516,000	510,700	493,100	505,800	507,200	507,500	516,500	469,100	485,100	468,700	416,200	464,600	484,100	473,200	475,900	451,600	316,600	377,000	370,800	323,000	376,400	365,200	244,200	335,900	251,800	0	0	0
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES:
Purchases of property and equipment
251,500	269,300	303,900	320,600	359,300	400,800	369,000	347,800	324,800	313,400	284,500	294,900	279,900	244,500	255,700	230,500	235,900	247,600	236,800	242,700	226,300	209,200	202,100	192,100	172,900	160,800	0	0	0	-	-	-	-	-	-	0	0	-	0	0	0
Property operating lease buy-outs
-	-	-	-	-	-	-	-	-	-	3,300	3,300	3,300	5,000	6,700	15,200	15,200	10,200	8,500	0	0	400	400	41,800	41,800	41,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of property and equipment
-	-	-	-	-	-	-	-	-	21,000	4,100	1,800	9,000	8,700	7,200	28,800	21,700	21,900	27,200	5,700	5,700	5,500	0	0	0	-	-	-	-	600	600	600	2,400	3,000	8,200	8,200	6,500	5,400	0	0	0
Proceeds from the disposal of assets held for sale
-	-	-	-	-	21,100	13,500	5,500	26,400	38,000	39,500	39,500	18,200	4,800	0	0	0	-	-	-	-	2,600	23,500	23,300	21,100	22,700	5,300	6,400	6,400	15,300	13,700	21,600	21,600	10,900	0	0	0	-	-	-	-
Insurance recoveries on property and equipment
4,400	3,500	3,300	3,300	1,400	1,100	1,600	1,600	500	1,700	4,300	4,300	4,300	3,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,800	0	0	0
Cash received from business divestitures, net of cash relinquished
98,200	115,600	96,200	98,700	101,400	173,200	201,000	166,800	183,900	104,600	110,700	135,000	154,200	150,400	95,200	78,200	34,300	43,900	56,100	47,300	47,100	41,400	21,500	9,800	20,100	10,100	0	0	0	-	-	-	-	4,900	5,500	9,400	11,300	13,000	0	0	0
Cash used in business acquisitions, net of cash acquired
800	4,700	4,000	68,800	69,600	67,200	87,800	26,600	72,900	76,800	104,800	200,400	159,600	410,400	560,200	511,300	550,400	321,500	315,700	278,300	232,900	205,200	28,300	15,400	85,100	87,900	214,500	214,100	144,400	141,600	0	0	0	64,200	64,200	124,800	124,800	73,100	0	0	0
Investment in equity security
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sales of restricted investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	500	500	500	0	0	0	0	400	400	400	400	0	0	0	500	1,300	0	0	0
Other
-1,300	-100	100	-100	1,900	700	700	1,900	2,000	2,100	1,900	900	500	100	-700	1,100	3,700	4,600	7,300	9,000	9,300	11,200	11,400	9,200	7,800	5,600	3,500	3,600	3,900	2,900	1,200	-5,400	-3,900	-2,000	0	0	0	-	-	-	0
Net cash used in continuing operations
-159,400	-115,800	-236,600	-309,700	-330,700	-295,300	-195,700	-154,400	-164,900	-227,000	-239,700	-322,100	-257,600	-493,000	-713,300	-645,300	-740,500	-509,400	-479,700	-470,700	-413,300	-376,000	-195,200	-222,200	-260,300	-257,800	-395,800	-353,900	-312,800	-297,800	-145,300	-152,300	-142,400	-206,200	-241,700	-286,200	-267,600	-200,000	0	0	0
Net cash used in discontinued operations
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-100	0	100	100	200	-200	0	0	0
Net cash used in investing activities
-159,400	-115,800	-236,600	-309,700	-330,700	-295,300	-195,700	-154,400	-164,900	-227,000	-239,700	-322,100	-257,600	-493,000	-713,300	-645,300	-740,500	-509,400	-479,700	-470,700	-413,300	-376,000	-195,200	-222,200	-260,300	-257,800	-395,800	-353,900	-312,800	-297,800	-145,300	-152,300	-142,500	-206,200	-241,600	-286,100	-267,400	-200,200	0	0	0
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES:
Repurchases of common stock
90,200	44,700	44,700	44,700	110,100	100,000	109,700	500,000	458,200	434,900	451,600	109,600	125,900	497,000	496,600	598,300	598,800	237,300	320,700	366,800	381,100	487,700	427,000	231,000	169,300	67,300	55,900	62,200	189,300	575,600	783,100	941,100	921,400	579,800	352,100	275,700	546,000	524,400	0	0	0
Payment of 5.5% Senior Notes due 2020
350,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Senior Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350,000	350,000	350,000	350,000	0	0	0	0	-	-	-	-
Proceeds from revolving credit facility
0	-	-	-	0	-	-	-	-	1,307,000	1,187,000	1,010,000	1,150,000	1,330,000	1,150,000	1,090,000	1,310,000	1,410,000	3,130,000	3,250,000	3,030,000	2,780,000	1,155,000	1,050,000	1,000,000	815,000	1,080,000	940,000	980,000	1,280,000	1,460,000	1,405,000	1,280,000	940,000	280,000	360,000	370,000	305,000	0	0	0
Payments of revolving credit facilities
-	-	-	-	-	-	-	-	-	1,307,000	1,105,000	1,010,000	1,150,000	1,330,000	1,150,000	1,890,000	2,345,000	2,520,000	3,540,000	2,815,000	2,280,000	1,970,000	1,065,000	1,085,000	1,135,000	1,055,000	1,155,000	1,070,000	960,000	1,235,000	1,365,000	1,150,000	1,045,000	625,000	0	0	0	-	-	-	0
Net payments of commercial paper
-330,000	-460,000	-300,000	-220,000	200,000	300,000	-395,000	-100,000	-495,000	-612,000	20,000	-168,100	-161,000	342,500	540,000	659,600	926,000	599,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	19,000	19,000	19,000	13,000	0	0	0	-	-	-	-
Net proceeds from (payments of) vehicle floorplan payable - non-trade
-91,700	-134,300	-66,600	-62,300	77,500	-34,200	-32,800	-38,000	-35,400	130,200	90,500	88,000	62,400	153,800	178,300	141,700	173,600	-13,300	1,700	59,200	49,400	61,600	48,200	52,300	115,400	89,000	21,000	64,100	2,000	138,100	173,300	128,000	151,000	40,100	26,900	124,300	97,200	117,000	0	0	0
Payments of other debt obligations
29,500	31,000	8,100	14,800	17,200	15,800	22,200	14,900	11,900	11,800	4,600	5,000	4,600	4,200	13,100	14,600	18,200	18,200	10,600	10,200	6,500	24,700	25,200	23,100	25,700	26,200	23,800	23,500	24,100	5,000	4,700	4,600	800	700	500	400	400	300	0	0	0
Payments of mortgage facilities
-	-	-	-	-	-	-	-	-	153,200	22,400	22,500	22,500	22,500	10,200	10,100	9,900	9,800	9,700	9,500	9,300	9,200	9,000	8,900	8,800	8,700	8,600	8,400	8,300	8,100	8,000	7,900	7,800	7,700	7,600	7,500	7,400	7,300	0	0	0
Proceeds from the exercise of stock options
13,400	12,700	9,800	6,800	4,800	17,800	31,000	31,100	31,500	39,700	25,300	28,000	29,300	8,400	13,700	14,400	18,200	30,000	29,600	31,800	32,200	35,100	31,800	34,200	30,100	22,700	30,400	39,500	38,200	30,600	32,400	39,800	46,400	78,000	86,100	84,200	81,600	49,900	0	0	0
Payments of tax withholdings for stock-based awards
8,200	3,000	3,000	3,000	3,100	2,700	2,700	2,800	3,000	1,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	600	4,900	6,800	10,400	17,900	16,300	19,000	20,400	18,000	16,900	16,300	12,700	10,000	11,100	13,000	13,500	10,600	11,800	9,700	11,500	22,800	20,400	21,900	19,000	7,700	0	0	0
Net cash received from (used in) continuing operations
-102,300	-660,300	-412,600	-338,000	-250,600	-237,400	-425,800	-439,500	-387,000	-307,400	-264,000	-207,400	-239,900	-35,600	200,900	141,600	208,400	900	-31,400	-49,000	-50,900	-102,900	-274,300	-195,200	-180,600	-220,500	-100,800	-107,500	-162,700	-35,100	-200,400	-238,200	-188,500	-178,700	-136,800	26,800	-139,500	-125,900	0	0	0
Net cash used in discontinued operations
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-800	-6,300	-6,900	-6,900	-6,100	-600	0	0	0	0	-4,000	-4,700	-5,300	-4,100	0	0	0
Net cash received from (used in) financing activities
-102,300	-660,300	-412,600	-338,000	-250,600	-237,400	-425,800	-439,500	-387,000	-307,400	-264,000	-207,400	-239,900	-35,600	200,900	141,600	208,400	900	-31,400	-49,000	-50,900	-102,900	-274,300	-195,200	-181,400	-226,800	-107,700	-114,400	-168,800	-35,700	-200,400	-238,200	-188,500	-178,700	-140,800	22,100	-144,800	-130,000	0	0	0
INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH
361,500	-6,900	-7,800	-1,900	-9,300	-21,700	-3,300	-1,800	1,300	5,700	-9,500	-3,000	5,900	-12,600	-1,700	-10,600	-26,300	-1,300	-3,600	-3,200	4,900	6,200	-800	-1,200	22,900	-500	-30,300	7,600	-30,000	-16,900	31,300	-19,700	-8,000	-8,500	-17,200	-19,800	-76,300	-78,400	0	0	0