Atn international, inc. (ATNI)
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

2,376

-5,638

4,843

2,027

735

5,485

20,910

10,780

-2,303

47,375

-20,975

10,910

11,584

3,608

11,695

-1,887

10,798

6,982

11,648

15,018

-492

15,486

18,914

14,321

10,401

20,112

307,754

11,421

9,918

14,450

18,013

11,767

8,937

3,383

13,217

1,318

3,979

Adjustments to reconcile net income to net cash flows provided by operating activities:
Depreciation and amortization

22,518

24,255

22,603

21,549

20,718

21,117

21,385

21,912

21,305

21,030

21,157

22,253

22,494

23,067

21,866

16,493

14,554

13,077

14,590

14,472

14,751

13,482

12,842

12,930

11,980

12,220

12,334

12,195

11,988

12,283

-15,302

26,582

27,024

-25,653

26,711

25,384

24,808

Provision for doubtful accounts

1,260

2,020

1,060

1,451

1,285

935

1,950

1,453

796

952

1,135

1,052

854

1,396

958

29

71

488

474

-54

291

363

1,057

-658

914

283

311

313

256

488

-5,319

3,135

3,190

-750

1,301

388

3,468

Amortization of debt discount and debt issuance costs

126

122

130

130

160

172

198

196

197

212

179

167

112

133

136

118

118

34

141

143

140

42

24

24

24

24

6,026

310

321

320

321

1,195

552

542

547

482

391

Stock-based compensation

1,160

1,503

1,547

2,033

1,301

1,349

1,392

2,103

1,576

1,540

1,651

2,120

1,666

1,378

1,399

1,905

1,728

1,143

1,155

1,453

1,224

942

1,002

1,321

1,058

1,556

926

1,166

806

738

677

832

1,076

77

770

812

1,078

Deferred income taxes

-1,135

4,095

-1,713

-2,660

-1,914

-20,180

-1,783

-190

-1,089

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,366

28

67

41

14,571

59

59

59

Loss on equity investments

-1,775

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

929

1,402

-

729

239

516

(Gain) loss on disposition of long-lived assets

-15

-2,520

-130

111

-302

10,916

13,460

2,333

-284

412

598

0

-1,111

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,076

-

-

-

-

-

-

-

-

Unrealized loss on foreign currency

-739

-129

-393

96

64

609

-885

-702

-364

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

390

-

-

-

-

0

-1,959

3,091

4,034

-

-

-

-

-

-

-

-

Loss on deconsolidation of subsidiary

-

-

-

-

-

-

-

-

-

0

0

0

-529

-

-

-

-

0

0

0

-19,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-cash activity

-

-70

17

28

-17

62

69

92

85

-88

3

134

375

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, excluding the effects of acquisitions and dispositions:
Accounts receivable

10,887

-6,682

-4,693

5,784

9,102

-5,575

-3,348

5,544

5,061

-4,382

2,394

202

5,860

-4,835

-668

-6,892

9,794

-7,912

201

1,109

-5,142

7,434

656

6,413

761

-6,065

-2,272

6,102

2

-3,993

-4,281

7,835

2,390

-11,698

11,025

15,475

-4,412

Materials and supplies, prepayments, and other current assets

-431

-3,894

-3,623

9,220

-90

-6,639

1,969

2,737

-3,991

-2,877

-4,711

4,797

1,789

-1,061

4,966

3,080

1,425

-4,469

1,288

3,028

1,247

2,896

-1,415

1,013

2,323

13,647

-3,746

5,295

1,921

-1,568

-1,133

-1,783

5,184

10,451

-10,100

4,240

-7,810

Prepaid income taxes

-399

577

0

0

-5,158

-

-

-

-

-1

0

0

-995

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,880

-281

2,186

3,822

-8,481

-13

666

-5,429

-7,025

470

4,010

-3,616

-591

39

2,242

Accounts payable and accrued liabilities, advance payments and deposits and other current liabilities

-4,055

-8,860

-4,246

13,758

-3,188

-13,970

9,063

169

-2,306

-8,993

16,973

11,134

-14,465

9,376

1,859

-6,365

1,652

-2,784

-4,041

10,196

-5,756

6,185

2,085

1,944

-2,585

-1,151

1,597

-1,885

11,911

-4,352

5,002

6,259

-11,313

1,315

-5,510

13,147

-21,115

Accrued taxes

355

-6

2,964

-23,631

1,620

21,679

6,161

-2,043

3,292

7,581

-1,090

-12,217

4,341

-339

6,592

10,931

4,363

-17,944

9,131

12,601

5,952

2,751

5,551

-824

-23,128

-219,028

360

-5,547

-18,481

9,235

8,025

4,649

4,507

-3,615

8,073

438

-1,138

Other assets

-298

3,670

2,292

73

-324

377

-1,347

627

581

-308

-907

-854

-2,033

9,953

315

-168

2,022

99

3

5

27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

84

-1,215

2,442

351

1,362

890

-666

-440

1,994

-2,711

572

-1,387

8,109

3,778

1,088

2,219

8,286

-3,910

397

-1,187

-4,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities of continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,535

32,003

45,677

34,865

27,038

40,354

21,913

-6,606

-190,158

46,244

3,498

9,020

32,489

2,787

58,580

21,028

-13,502

41,708

22,035

20,994

Net cash provided by operating activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-408

-37

14

589

-107

-1,357

-826

-2,429

-6,357

2,834

6,956

15,961

-

-

-

-

-

-

-

-

Net cash provided by operating activities

15,459

31,056

38,325

-248

18,770

17,851

51,977

23,493

22,544

23,737

56,521

33,378

32,089

19,551

41,385

22,391

28,329

26,127

31,966

45,691

35,454

26,931

38,997

21,087

-9,035

-196,515

49,078

10,454

24,981

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Capital expenditures

14,061

23,239

14,090

17,632

17,641

30,394

34,781

19,553

21,041

25,510

29,717

32,857

45,702

45,827

35,728

26,282

16,445

18,722

18,000

14,219

13,812

16,601

16,595

16,368

8,736

14,145

15,475

24,341

15,355

13,579

-3,697

13,217

19,055

-24,519

20,422

29,158

16,270

Hurricane rebuild capital expenditures

-

0

0

0

123

1,249

12,249

35,803

30,851

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hurricane insurance proceeds

-

-

-

-

-

0

0

0

34,606

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receipt of government grants

-

-

-

-

-

0

0

0

5,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business, net of acquired cash of $0.0 million

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

9,368

2,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Divestiture of businesses, net of transferred cash of $0.0 million, $11.5 million, and $2.1 million, respectively

-

-

-

-

-

-

-

-

-

0

-216

0

22,597

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,421

-481

-653

491

-367

634

-39,635

0

-19,501

-2

-19,204

-

-

-

-

-

-

-

-

0

0

0

-467

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,873

0

0

0

1,371

0

0

0

1,500

-

-

-

-

-

-

-

-

Purchases of strategic investments

2,768

-

-

-

10,000

-

-

-

-

-

-

-

-

0

0

0

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of short-term investments

-

0

3,000

28

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of short-term investments

-

3,000

5,000

0

141

0

1,216

539

4,809

1,033

0

2,278

483

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities of continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17,633

-24,221

29,096

-72,846

2,906

-16,366

11,839

-14,145

-15,475

-24,341

-13,855

1,584

3,697

-13,217

-19,055

24,519

-19,222

-25,071

-15,803

Net cash used in investing activities of discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-607

724,028

-6,966

-5,521

-

-

-

-

-

-

-

-

Net cash used in investing activities

-16,829

-25,604

-12,375

-17,660

-32,623

18,333

-46,814

-51,761

-7,077

-33,062

-49,223

-67,411

-22,622

-18,481

-186,882

-73,425

-17,792

-

-

-

-

-

-

-

-

-14,752

708,553

-31,307

-19,376

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Dividends paid on common stock

2,721

2,720

2,721

2,719

2,720

2,713

2,712

2,717

2,724

2,725

5,510

5,505

5,487

5,496

5,158

5,166

5,145

5,150

4,653

4,649

4,618

4,615

4,299

4,296

4,278

-

-

-

-

7,799

3,573

3,566

3,553

3,544

3,388

3,387

3,384

Distributions to non-controlling interests

4,220

1,401

1,882

2,338

1,540

3,509

2,435

412

12,424

3,275

210

545

2,828

965

3,365

1,266

3,036

5,151

2,203

6,094

3,066

8,399

1,851

4,599

1,482

22,834

1,697

1,047

577

1,164

365

505

424

-513

923

1,146

462

Payment of debt issuance costs

1,010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

862

0

0

30

-

-

-

-

0

0

7

5

-

-

-

-

-

-

-

-

Principal repayments of term loan

938

1,875

938

938

949

4,072

937

3,848

938

3,909

-1

1,005

4,442

25,582

3,223

3,224

1,535

1,535

1,485

1,514

1,483

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,920

3,920

246,686

6,267

3,466

3,469

3,467

3,048

Proceeds from stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

37

448

-1

165

312

0

1,409

277

519

0

175

435

1,219

218

935

297

212

294

843

103

-

-

-

-

Stock-based compensation share repurchases

1,625

42

29

9

1,569

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayments of revolver loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

59,455

15,079

-

-

-

-

Purchases of common stock- share repurchase plan

1,600

-

-

-

-

0

0

-465

2,041

-504

8,953

65

2,121

117

2,011

57

1,929

325

0

55

1,513

310

72

23

1,260

185

373

36

879

142

18

14

170

89

38

0

91

Proceeds from borrowings under revolver loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

18,453

27,925

43,916

70,058

12,095

11,000

Repurchases of non-controlling interests

1,774

3,151

492

636

225

4,467

5,135

58

3

921

151

134

819

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments made by minority shareholders in consolidated affiliates

-

0

0

0

488

-

-

-

-

0

0

53

69

-

-

-

-

-

-

-

-

-

-

-

-

273

0

75

60

21

235

355

450

100

177

0

507

Net cash provided by (used in) financing activities of continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,666

-8,341

-9,998

-10,433

-

-6,281

-8,743

-6,585

-25,784

-273,989

-7,919

-1,104

-12,789

-7,347

-19,219

2,985

-14,897

-17,150

2,770

4,522

Net cash provided by financing activities of discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-740

-580

-358

-

-

-

-

-

-

-

-

Net cash used in financing activities

-13,888

-9,189

-6,224

-7,980

-6,515

-17,282

-11,164

-8,654

-18,130

-12,447

-14,166

140

-15,628

28,689

45,935

12,190

-11,480

-

-

-

-

-

-

-

-

-25,784

-274,729

-8,499

-1,462

-

-

-

-

-

-

-

-

Effect of foreign currency exchange rates on cash and cash equivalents

-115

-256

-57

16

15

54

-175

-147

-31

26

-7

0

207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash, cash equivalents, and restricted cash

-15,373

-3,993

19,669

-25,872

-20,353

18,956

-6,176

-37,069

-2,694

-21,746

-6,875

-33,893

-5,954

29,396

-99,825

-38,844

-943

-5,752

5,992

11,472

54,117

-58,210

35,622

-4,022

-3,781

-237,733

482,902

-29,352

4,143

25,239

31,571

26,144

4,958

-3,378

5,336

-266

9,713

Noncash investing activity:
Purchases of property, plant and equipment included in accounts payable and accrued expenses

8,393

4,249

1,063

-1,773

8,129

-325

-64

-6,802

20,068

3,798

2,561

-1,067

14,174

-

-

-

-

-

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-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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