Altisource portfolio solutions s.a. (ASPS)
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 Income (Loss), Including Portion Attributable to Noncontrolling Interest

-11,545

-306,085

7,576

-4,604

-2,744

-10,868

9,521

2,255

-3,607

286,983

7,766

9,722

7,160

-19,664

11,472

20,686

18,892

-44,351

37,897

46,846

4,408

-906

43,115

54,732

40,146

36,243

36,955

32,068

28,527

31,354

28,084

29,352

27,121

28,191

18,962

14,690

16,124

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

4,117

-

-

-

5,631

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, Depletion and Amortization, Nonproduction

-

-

-

-

-

-

7,651

8,328

8,721

-

8,516

8,887

10,008

9,279

9,175

9,138

9,208

8,833

9,205

9,606

8,826

7,960

7,711

7,129

6,246

5,265

4,485

4,582

4,724

3,738

3,838

2,921

2,279

2,177

2,060

2,176

1,938

Amortization of right-of-use assets under operating leases

2,706

-

-

-

3,738

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

4,209

3,511

3,289

3,600

8,600

7,101

6,611

7,553

7,147

8,257

8,604

9,393

9,146

11,168

11,465

12,756

12,211

13,140

10,118

8,986

8,891

8,390

9,717

10,107

9,466

9,319

8,620

9,037

1,200

1,197

1,201

1,292

1,340

1,339

1,339

1,340

1,273

Unrealized loss (gain) on investment in equity securities

-1,347

2,700

-2,294

11,787

2,238

-8,786

1,782

1,533

-7,501

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary impairment loss on HLSS equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on HLSS equity securities and dividends received, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,431

-3,285

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in the fair value of acquisition related contingent consideration

-

-

-

-

-

-

-

-

-

0

8

8

8

-2,381

-1,367

97

96

-

-

-

148

0

0

-37,924

0

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation expense

2,900

3,574

2,847

2,832

2,621

3,992

2,100

1,899

2,201

1,018

1,379

1,163

695

1,496

1,123

1,692

1,877

1,554

1,943

872

443

598

508

472

658

324

557

95

1,424

1,606

1,146

1,076

-184

1,823

730

591

788

Equity in losses of investment in affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-54

54

-176

-

-

-

-

-

-

-

-

Bad debt expense

342

606

-17

-24

155

422

905

779

724

2,015

211

987

1,903

1,066

-278

165

876

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

315

-596

1,280

Equity in losses of affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-293

-255

-324

-

-

-

-

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,334

1,536

607

-

417

2,495

1,755

-

886

228

224

-

318

203

649

-

-

-

-

Amortization of debt discount

167

167

172

174

153

204

215

209

89

76

69

51

105

106

106

85

116

119

124

128

127

126

101

44

46

39

32

57

95

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

184

184

189

193

170

226

237

229

273

208

192

142

291

291

293

235

322

329

460

234

351

352

316

241

242

256

251

236

215

-

-

-

-

-

-

-

-

Deferred income taxes

126

291,771

-278

15,264

582

-5,115

673

623

-1,972

-297,336

0

0

0

-

-

-

-

-1,380

49

29

-24

702

2

1

461

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-666

410

224

Loss on disposal of fixed assets

-39

-420

578

-577

-331

-4

-165

-69

-489

8

22

-1,318

-1,480

-1,735

-21

-19

10

24

-30

-39

19

-86

0

-2

-96

-

-

-

-

-44

-35

28

-394

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

303

-19,373

15,791

16,880

-1,091

-10,041

2,408

-4,634

-2,289

-8,422

-9,589

-9,074

-2,880

-12,475

-98

3,095

-6,502

-22,082

12,955

-8,414

15,140

-36,233

34,215

1,911

22,599

9,364

-14,575

-2,155

12,968

28,337

-7,506

8,212

10,956

1,734

-2,122

-1,217

793

Short-term investments in real estate

0

0

-414

-39,860

401

-11,815

16,399

-4,031

9,915

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

36

-1,040

-7,349

-6,020

781

786

-4,786

85

-702

-11,518

10,461

2,062

4,749

-2,311

4,155

1,042

4,970

118

2,479

-2,067

-2,413

5,976

1,394

3,284

1,847

-3,325

3,133

1,862

1,147

-1,442

3,315

366

377

4,319

1,524

-5,903

-687

Other assets

-612

77

-456

419

92

-1,724

413

-486

-481

-10

-237

-897

374

-557

-49

-556

109

-908

-747

-1,211

-127

94

-433

1,075

1,014

-285

431

-301

1,741

-1,363

67

-192

-684

783

1,821

2,116

172

Accounts payable and accrued expenses

-3,116

801

-471

-269

-16,318

-9,123

27,926

1,037

-18,189

2,411

10,802

-460

-10,177

-16,118

11,459

7,679

-12,133

6,393

7,681

-998

-27,559

9,317

-6,351

13,624

7,695

2,807

3,657

8,722

-7,805

1,247

4,532

2,943

2,930

14,689

4,243

799

-4,971

Current and non-current operating lease liabilities

3,354

-

-

-

3,480

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current and non-current liabilities

-37

2,316

2,839

-6,096

-3,720

-2,417

-5,694

-3,128

-5,503

2,974

-796

-4,307

-36,735

34,137

-2,830

-3,154

-3,844

6,626

1,018

1,814

-2,822

3,419

-6,191

-6,908

-5,042

-1,022

412

1,421

-3,368

-86

-483

-3,351

3,568

1,683

4,474

-2,851

221

Net cash used in operating activities

-1,648

24,494

-10,962

39,811

-6,655

24,752

20,397

31,822

-8,569

18,953

34,612

30,876

-18,359

20,783

36,630

40,371

29,034

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,599

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,938

-

14,169

75,218

36,309

50,834

67,172

57,912

9,556

19,392

43,088

26,277

27,772

-

-

-

-

Cash flows from investing activities:
Additions to premises and equipment

511

957

270

144

790

-291

1,451

1,498

1,258

3,029

1,827

3,714

1,944

6,744

4,084

6,457

5,984

8,518

6,249

17,490

3,931

16,727

17,597

17,577

12,945

13,606

7,131

6,437

6,960

11,364

3,071

4,974

16,154

5,151

7,872

2,064

1,355

Acquisition of business, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63,379

-11,133

139,883

75,817

-

-

-

-

-

-

-

-

Purchase of available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

18,790

29,429

0

0

0

29,966

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from loan to Ocwen

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

75,000

-

-

-

-

-

-

-

-

Investment in equity affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

11,672

2,215

1,113

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,064

0

0

177

Other investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16

722

-726

0

4

6

0

-6

300

0

0

0

50

-

-

-

-

-

-

-

-

Net cash used in investing activities

-511

-842

39,100

7,419

-790

291

13,549

-1,498

-1,258

-2,841

-1,827

-3,714

-1,944

-6,802

-13,425

-25,273

-35,397

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,645

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-33,901

-

-32,528

-17,571

-13,245

-78,447

4,002

-133,672

-7,827

-86,364

-3,071

-4,974

-16,154

-

-

-

-

Cash flows from financing activities:
Repayments and repurchases of long-term debt

-

-

-

-

-

49,938

15,000

420,335

1,486

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

0

0

4,546

496

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

1,486

-

1,486

46,265

1,486

21,286

11,386

16,215

1,486

1,485

1,488

992

994

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

176

-

173

117

201

152

204

191

149

Proceeds from stock option exercises

0

8

157

207

28

68

869

90

2,617

290

1,319

13

752

682

7,890

620

366

1,058

129

0

203

165

1,884

238

401

2,175

1,796

2,458

456

595

601

41

1,977

249

265

69

441

Purchase of treasury shares

-

-

-

-

-

18,591

650

11,127

9,994

14,016

9,464

4,941

10,590

3,341

14,575

8,055

11,691

9,978

5,006

40,006

3,959

46,893

128,118

44,936

35,766

53,600

35,845

29,576

21,997

0

0

0

16,781

26,680

22,925

5,308

7,238

Contributions from non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

3

3

12

16

3

13

11

18

17

8

6

Distributions to non-controlling interests

311

749

865

518

620

907

731

509

672

629

1,087

487

569

943

572

617

448

815

797

690

657

783

606

554

653

942

1,345

799

1,090

1,137

1,178

2,747

2,083

1,333

1,250

1,369

2,824

Payments of tax withholding on issuance of restricted share units and restricted shares

1,205

179

218

713

585

217

198

410

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-1,516

-7,694

-46,633

-13,534

-1,177

-69,585

-15,710

-28,957

-10,031

-25,592

-33,065

-29,784

-11,893

-309

-8,743

-54,317

-13,259

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,764

Net decrease in cash, cash equivalents and restricted cash

-3,675

15,958

-18,495

33,696

-8,622

-44,542

18,236

1,367

-19,858

-9,480

-280

-2,622

-32,196

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,899

-

67,064

-46,244

-37,012

-54,648

-36,394

169,629

-23,295

88,045

-747

-2,810

-17,077

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,462

-39,219

-19,622

29,180

20,068

24,456

-55,738

-15,123

48,705

11,403

-13,948

-82,261

34,780

93,869

-21,566

-

-

-

-

-

-

-

4,190

Increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,270

18,493

-5,459

-

-

-

-

Supplemental cash flow information:
Interest paid

4,415

4,585

4,992

5,645

5,634

6,234

6,349

6,271

5,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

5,416

5,331

5,456

-

5,550

5,590

6,104

6,504

6,425

6,690

6,655

6,780

5,975

4,605

4,469

5,733

6,030

4,763

2,799

1,095

11

13

15

18

19

25

21

Income taxes (received) paid, net

-1,720

291

2,424

-2,437

2,410

2,974

1,297

1,919

946

2,887

2,777

6,153

6,515

4,149

8,560

1,788

3,830

3,087

3,148

1,970

1,520

1,228

10,551

1,360

201

1,311

1,195

763

402

2,660

997

561

694

728

658

-3,905

563

Acquisition of right-of-use assets with operating lease liabilities

705

7,887

-312

5,991

209

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of right-of-use assets from operating lease modifications or reassessments

1,273

2,386

49

3,409

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash investing and financing activities:
Net increase in payables for purchases of premises and equipment

103

-304

228

-53

28

-44

-386

134

264

-1,363

430

-2,472

2,094

-2,054

1,089

339

1,030

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of tax-deductible goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

840

842

842

776

1,515

213

863

Increase (decrease) in payables for purchases of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-453

-3,638

-

3,821

-4,023

684

2,605

1,056

191

700

-

-

-

-

-

-

-

-