Booz Allen Hamilton Holding Corp BAH Cash Flow

Booz allen hamilton holding corp (BAH)

CashFlow / Quarterly

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
Cash flows from operating activities
Net income
112,026	114,325	117,386	89,575	132,037	92,713	104,204	82,506	74,927	73,647	70,612	74,588	55,590	62,830	67,817	65,517	108,055	56,216	64,306	43,363	52,807	65,284	71,115	46,895	47,167	67,813	70,313	54,813	56,184	46,116	61,945	50,627	62,860	75,332	51,136	18,070	23,638	14,817	28,169
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
20,655	19,632	20,021	18,216	17,780	16,426	16,153	16,560	16,701	16,046	15,449	15,956	14,410	14,677	14,501	14,919	16,148	15,352	15,117	15,427	15,191	15,810	16,232	17,950	17,945	18,102	18,330	19,766	18,127	17,613	18,503	19,281	19,530	18,536	17,858	20,835	20,796	19,588	19,384
Noncash lease expense
14,135	13,741	13,970	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
10,988	9,364	6,444	8,044	9,966	7,150	6,115	6,521	5,202	6,346	5,249	5,215	5,453	4,692	5,889	7,183	6,288	5,256	6,265	6,209	7,067	6,825	6,062	5,946	4,778	4,195	5,146	4,978	5,496	7,605	6,762	6,815	6,000	7,771	10,677	9,475	11,908	11,635	15,660
Amortization of original issuance discount on debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	276	277	273	-	2,710	1,480	744
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	4,207	961	2,425	6,864	2,615	7,245	4,769	3,546	1,869	11,864	14,518	3,673	2,348	11,150	35,644	1,658	1,341	1,904	33,979	961	563	9,992	15,990	315	64	437	13,341	2,619	0	195	15,227	552
Amortization of debt issuance costs and loss on extinguishment
-	-	1,219	-	-	-	1,360	1,971	1,370	1,344	1,289	-	-	-	2,083	-	-	-	2,072	2,044	2,084	2,073	5,381	2,238	2,293	5,067	2,084	1,928	2,099	11,721	1,476	2,278	1,202	1,206	1,194	34,509	11,047	5,273	1,913
Losses on dispositions
-579	-558	-23	5,872	0	-7	-401	246	723	-549	-174	-4,553	-84	-33	-3	608	-32	0	-29	145	312	739	345	113	236	90	585	150	0	1,764	-808	376	10	0	-10	-	-	-	-
Changes in assets and liabilities:
Accounts receivable, net of allowance
106,705	-86,605	77,352	8,061	156,771	-109,895	141,516	79,826	-14,010	-51,318	111,698	85,013	29,838	-80,142	60,508	47,114	-6,532	-19,484	10,131	12,555	22,944	-76,837	-19,195	30,477	-82,180	-24,573	-34,032	49,299	63,244	-231,129	-6,539	12,259	33,511	-39,985	-31,060	99,342	39,120	-22,384	-23,385
Deferred income taxes and income taxes receivable / payable
29,571	-72,664	42,342	-	5,941	-35,458	20,781	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
-2,099	1,156	15,540	-4,908	-10,397	2,313	15,320	-6,809	-4,010	-6,549	3,249	29,087	-2,307	9,541	-36,206	-8,790	-11,010	-16,096	11,023	16,599	-14,634	-4,893	4,519	25,886	-11,618	-13,275	4,930	16,667	-28,739	31,728	-29,662	2,174	-16,470	7,008	-334	-16,255	-3,668	16,436	4,438
Other long-term assets
-35	718	-623	1,279	7,850	4,514	1,703	8,286	2,664	1,175	269	7,201	-6,522	-6,513	15,980	-5,865	39,458	1,626	13,841	9,013	7,106	-395	-7,484	3,094	334	-696	2,041	5,529	-2,703	-838	-4,711	25,482	-7,385	870	-12,717	39,089	-12,317	-5,357	-14,582
Accrued compensation and benefits
30,008	42,040	-70,845	21,467	25,824	34,990	-38,144	-720	21,919	26,300	-36,203	3,574	22,128	30,366	-34,533	-1,473	19,877	14,717	-41,530	-12,939	-6,558	24,037	-48,869	-47,057	24,130	22,446	-72,400	-25,027	19,811	36,629	-58,245	-35,033	48,944	34,606	-83,804	-15,452	50,821	63,199	-88,764
Accounts payable and other accrued expenses
-12,774	5,494	29,129	49,456	-22,644	52,381	28,322	65,751	-75,800	12,495	44,870	43,084	-13,336	5,874	-20,776	55,676	-14,269	-12,337	-24,159	20,976	-30,841	-9,200	-16,378	54,797	-32,204	-10,047	26,632	31,153	-56,057	4,317	-3,173	61,085	-46,830	19,026	2,109	44,258	-3,442	23,932	-12,534
Accrued interest
-	-	-2,361	-	-	-	-2,613	2,088	-3,024	2,456	4,698	-1,521	1,810	-2,753	1,658	-4,977	2,146	-2,114	2,116	-2,205	2,050	-2,528	7,945	630	-653	-1,989	2,012	-9,619	1,981	2,030	2,045	-17,499	1,004	2,322	2,372	2,175	2,130	2,107	2,039
Income tax reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-92	-10,751	702	-22
Other current liabilities
-	3,275	-964	-	-	18,770	-4,967	13,499	2,902	-27,336	15,690	-10,520	2,825	2,062	13,195	61,526	11,777	-38,093	30,821	3,545	10,529	-40,921	31,974	47,520	-2,278	-46,884	552	-2,454	7,333	3,740	2,748	2,084	1,955	-20,506	14,094	-8,605	9,846	-2,387	1,758
Operating lease liabilities
-10,891	-9,297	-15,232	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
688	896	2,120	8,310	-8,374	3,384	-110	1,071	10,989	7,953	4,247	10,684	4,061	5,122	5,638	-40,827	-26,066	9,056	2,727	10,899	1,454	203	-2,583	36	-249	2,404	-5,507	-852	677	1,537	577	45,625	-9,936	-24,549	-3,567	4,701	14,547	24,450	8,687
Net cash provided by operating activities
99,780	215,696	50,983	216,407	8,636	301,604	-27,037	122,223	68,858	174,067	3,995	99,235	65,959	205,436	11,647	68,237	92,310	69,591	19,096	81,900	27,529	108,803	91,726	40,384	152,725	65,762	73,847	65,720	9,186	315,705	74,043	108,027	74,902	123,273	53,844	15,534	109,920	160,874	10,011
Cash flows from investing activities
Purchases of property, equipment, and software
30,734	32,642	27,336	36,605	18,404	19,207	20,465	15,370	26,078	25,453	11,536	23,365	15,411	8,972	6,171	20,806	16,267	16,422	13,140	18,575	8,535	6,279	2,652	8,561	5,626	4,288	2,430	12,456	6,282	10,406	3,969	11,367	21,918	26,039	17,601	27,351	22,476	22,744	16,213
Payments for business acquisitions, net of cash acquired
0	0	0	-5,489	0	0	20	0	18,909	0	204	246,776	0	0	851	500	49,618	1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-1,384
Net cash used in investing activities
-30,734	-32,642	-27,336	-31,116	-18,404	-19,207	-20,485	-15,083	-44,177	-25,453	-11,740	-270,141	-15,411	-8,322	-7,022	-21,306	-65,885	-17,422	-13,140	-19,202	-32,442	-6,279	-2,652	-8,057	-2,344	-725	-2,430	-12,425	-163,652	-10,406	-3,969	-11,367	-21,918	-2,707	-17,601	-27,351	-22,476	-22,744	-14,829
Cash flows from financing activities
Proceeds from issuance of common stock
3,794	3,671	3,378	3,162	2,877	2,642	2,585	2,585	2,294	2,249	1,779	1,744	1,478	1,521	1,571	1,609	1,502	1,487	1,379	1,321	1,211	1,212	1,276	1,293	1,249	1,251	1,285	1,445	1,569	1,605	1,754	1,936	2,126	2,277	2,418	-1,593	251,726	0	1,002
Stock option exercises
3,753	1,532	2,155	2,745	830	3,276	5,265	2,170	3,658	3,004	3,263	2,209	5,653	4,487	2,338	1,563	2,997	2,531	871	1,827	287	2,777	1,208	1,847	1,438	8,100	3,235	1,792	7,401	4,947	837	87	760	4,400	2,102	0	267	3,020	1,503
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	2,615	7,245	4,769	3,546	1,869	11,864	14,518	3,673	2,348	11,150	35,644	1,658	1,341	1,904	33,979	961	563	9,992	15,990	315	64	437	13,341	2,619	0	195	15,227	552
Repurchases of common stock
22,541	2,480	12,178	71,411	83,036	44,532	53,845	71,308	30,512	120,070	48,428	39,693	1	2,288	4,566	28,552	0	0	34,600	28,771	25,100	3,637	4,632	774	77	338	2,520	218	0	849	0	-	-	-	-	-	-	-	-
Payments of Dividends
38,095	32,436	32,412	32,427	27,148	27,217	27,442	27,663	24,882	25,454	25,412	25,614	22,522	22,440	22,349	22,337	19,409	19,217	19,052	19,170	16,432	163,444	16,048	-	-	14,273	13,915	12,446	12,238	887,101	210,672	11,906	0	0	0	-	-	-	-
Dividend equivalents paid to option holders
-	-	0	-	-	-	267	61	0	0	890	97	0	0	2,157	95	28,114	0	3,593	104	209	42,325	4,472	4,073	4,157	34,044	13,864	0	12,034	37,731	0	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	8,610	-	0	6,223	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of debt
18,494	19,482	19,480	54,481	14,481	25,775	75,775	54,786	70,788	15,787	175,788	291,575	0	501,187	175,563	105,563	138,562	40,563	10,375	60,375	10,375	40,375	168,438	66,157	266,157	11,625	11,624	11,625	11,625	959,375	10,625	7,500	7,500	7,500	7,500	1,293,539	248,386	90,462	5,463
Proceeds from debt issuance
-2,108	0	400,000	39,999	0	2,072	60,000	39,386	55,001	0	373,291	389,110	0	445,273	185,000	125,000	123,000	25,000	0	41,390	0	30,000	168,438	43,777	250,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment on contingent liabilities from acquisition
-	-	0	-	-	-	234	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-153,771	-50,608	341,463	-113,160	-120,959	-89,534	-89,713	-109,677	-65,229	-156,058	127,815	38,699	-8,147	-69,865	-12,180	-26,506	-46,722	-16,244	-61,697	-52,924	-39,468	-180,148	-29,620	-175,497	-174,440	-23,173	-36,442	-20,489	-16,935	-152,371	-218,391	-17,319	-4,177	7,141	-361	-253,324	3,802	-72,215	-2,406
Net increase (decrease) in cash and cash equivalents
-84,725	132,446	365,110	72,131	-130,727	192,863	-137,235	-2,537	-40,548	-7,444	120,070	-132,207	42,401	127,249	-7,555	20,425	-20,297	35,925	-55,741	9,774	-44,381	-77,624	59,454	-143,170	-24,059	41,864	34,975	32,806	-171,401	152,928	-148,317	79,341	48,807	127,707	35,882	-265,141	91,246	65,915	-7,224
Net cash paid during the period for:
Interest
24,662	18,239	26,726	14,664	23,927	14,202	23,938	14,454	22,242	13,150	12,652	11,774	11,161	12,076	14,051	16,672	13,481	13,629	13,286	13,522	13,572	14,244	8,736	14,123	14,425	15,898	16,604	23,811	17,414	9,901	7,721	27,599	9,309	8,630	8,455	10,228	30,028	34,195	35,444
Income taxes
4,998	106,389	-4,238	-24,963	3,200	62,800	11,475	13,634	32,747	65,019	17,016	23,020	29,927	35,119	1,490	29,661	32,680	79,428	1,314	8,636	32,115	78,723	3,438	37,518	23,986	76,804	40,103	10,794	13,620	64,863	869	20,090	19,152	48,427	1,645	2,253	2,745	2,502	215
Supplemental disclosures of non-cash investing and financing activities
Share repurchases transacted but not settled and paid
-	-	2,423	-	-	-	3,365	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash financing activities
2,391	-572	2,682	0	375	-558	3,216	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-