AV HOMES, INC. AVHI Cash Flow

Av homes, inc. (AVHI)

CashFlow / TTM

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
Operating Activities
Net income (loss)
-	-	-	-	-	-	-	0	0	17,749	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-1,078	-2,730	-5,146	-8,272	-68,181	-78,756	-85,519	-87,683	-47,510	-157,653	-162,876	-166,177	0	0	0
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization
7,573	7,335	6,897	6,970	6,844	6,428	6,368	5,636	5,003	4,430	3,693	3,628	3,464	3,327	3,267	3,165	3,062	2,928	2,804	2,947	3,560	4,108	4,405	4,453	4,036	3,555	3,762	0	0	0
Amortization of share-based compensation
3,243	3,348	3,312	2,830	2,008	1,985	2,207	2,704	3,143	3,076	3,113	2,949	3,232	3,059	2,770	2,813	2,269	1,962	1,648	2,897	2,804	2,896	3,034	1,455	2,052	1,610	1,850	0	0	0
Impairment charges
1,946	1,447	943	969	760	757	769	335	228	161	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59,043	10,825	102,215	112,587	112,732	0	0	0
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,388	0	0	0
Equity in loss (income) from unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	154	154	-23	-16	-27	-28	-37	-101	292	260	232	259	-189	-492	-306	-398	0	0	0
Deferred income taxes, net
37,784	37,489	39,892	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of withholding taxes on share-based awards
-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other adjustments
-146	-98	-369	-126	-488	-496	-135	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of earnings from an unconsolidated entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	357	0	0	0
Changes in operating assets and liabilities:
Restricted cash
-	-	-	-	-	-	-25,717	-25,134	-24,083	-19,564	10,501	13,499	13,827	12,732	12,491	8,426	6,623	3,388	-726	-736	-795	-2,294	-3,190	-2,751	-2,860	-1,224	-550	0	0	0
Receivables
-5,293	1,431	2,716	-391	3,789	-3,924	3,649	586	1,881	5,676	3,698	2,995	704	2,195	-987	-2,231	-4,261	-4,646	-2,837	-1,065	-1,517	-3,203	-999	0	0	0	-	-	-	-
Receivables, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Land and other inventories
35,561	2,710	-19,011	10,608	-4,878	-29,854	2,646	11,363	47,969	92,015	83,804	121,595	135,052	116,636	111,667	147,942	118,131	93,235	68,787	66,453	59,561	56,352	40,576	-7,672	-13,177	-19,557	-11,230	0	0	0
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,811	-19,552	-1,240	-4,694	1,213	4,827	-9,595	-5,938	-4,429	-8,028	-4,000	-3,949	0	0	0	0
Prepaid expenses and other assets
6,094	6,504	5,889	385	2,345	320	-3,646	-1,823	-4,630	-7,006	-1,510	-2,320	-715	205	-398	636	2,201	402	361	-1,074	-544	-2	786	-256	-1,546	-3,303	-4,426	0	0	0
Accounts payable, estimated development liability, and accrued and other liabilities
508	-33	-12,898	-3,984	-1,792	2,237	3,487	-1,169	13,618	12,446	17,248	18,297	10,172	11,913	15,643	15,531	13,047	8,913	6,661	9,355	3,954	7,133	3,243	1,924	1,132	-2,781	2,356	0	0	0
Customer deposits
-2,007	-502	-472	2,671	1,532	120	1,350	2,544	1,404	1,879	1,813	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-31,577	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	133	1,077	991	338	2,496	2,173	829	374	-174	-918	-1,430	-946	0	0	0
Net cash used in operating activities
-7,666	19,915	34,609	0	0	0	-	-	-	-	-	-	-	-	-	-113,939	-103,687	-76,919	-62,437	-65,984	-55,831	-54,535	-48,313	-12,931	-18,228	-11,199	-17,357	0	0	0
Investing Activities
Investment in property and equipment
4,590	2,350	2,161	1,836	2,565	2,053	1,578	1,523	572	1,221	1,209	2,341	2,312	1,852	1,815	716	668	856	1,023	1,811	2,849	4,484	4,421	3,435	3,132	1,145	831	0	0	0
Proceeds from sales of property and equipment
-	-	-	-	-	-	11	0	0	0	-	-	-	-	12	12	12	12	0	0	0	0	-	-	-	-	-	-	-	-
Business acquisitions
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Investment in unconsolidated entities
-	-	267	17	12	16	20	25	25	799	2,887	4,571	6,526	5,753	3,644	1,967	16	28	111	136	164	188	135	153	204	168	138	0	0	0
Return from Poinciana Parkway
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-443	28	25	15	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-95,738	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-47,360	-85,944	-43,573	0	0	0	-	-	-	-	-	-	-	-	-	-65,322	-65,433	-65,666	-1,134	-1,791	-2,857	-4,513	-4,387	-3,861	819	2,839	3,173	0	0	0
Financing Activities
Proceeds from issuance of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,000	0	0	0
Gross proceeds from Senior Secured Credit Facility
-	-	-	-	-	-	35,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,627	0	0	0
Principal payments of senior debt
-	-	-	-	-	-	46,793	0	0	0	-	-	-	-	5,446	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment of withholding taxes on share-based awards
-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	706	297	297	261	0	0	0
Repurchase of 4.5% Convertible Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59,402	0	0	0
Principal payments of real estate borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	12,501	0	0	0
Other financing activities
-	0	-	-	-	0	-	-	0	0	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	11,534	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-115,781	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from consolidated joint venture partner
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,991	13,770	13,779	294	189	113	0	0	0	0
Distributions to consolidated joint venture partner
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,897	1,785	1,785	1,785	0	0	0	0
Net cash used in financing activities
-159,767	182,470	182,162	0	0	0	-	-	-	-	-	-	-	-	-	184,939	185,430	128,430	128,483	140,220	139,209	9,977	8,199	-13,702	-12,538	-55,870	23,209	0	0	0
Increase (decrease) in cash, cash equivalents and restricted cash
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,678	16,310	-14,155	64,912	72,445	80,521	-49,071	-44,501	-30,494	-29,947	-64,230	9,025	0	0	0
Transfer from assets held for sale to land and other inventories and property and equipment
-	-	-	-	-	-	-	-	-	-	4,051	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental cash flow information:
Interest paid, net of capitalized interest
16,143	4,397	12,656	-778	2,105	450	2,098	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes paid
-	-	-	-	-	-	1,240	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental non-cash investing activity:
Accrual of contingent consideration as of the acquisition date
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from assets held for sale to land and other inventories and property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accrued investment in property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued investment in property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-