Beasley broadcast group inc (BBGI)
CashFlow / Quarterly
Dec'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

4,717

3,043

4,269

1,353

2,091

2,631

4,918

-3,161

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

3,905

7,486

41,503

1,694

2,469

1,820

3,269

-737

2,532

1,298

33,836

2,458

3,021

682

3,580

3,186

2,357

2,420

3,605

1,156

3,861

2,407

3,389

2,348

2,812

1,549

Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation

384

602

547

584

167

457

703

617

231

541

773

197

167

201

205

235

199

271

271

369

215

374

370

356

187

185

183

137

88

108

108

129

118

174

171

153

Provision for bad debts

421

343

42

-114

370

1,900

346

225

333

356

416

364

1,407

201

169

282

232

215

185

62

226

130

77

155

216

176

129

278

339

350

261

267

296

290

257

319

Depreciation and amortization

1,970

1,867

1,742

1,768

1,799

1,693

1,562

1,546

1,558

1,453

1,619

1,502

3,746

816

830

839

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent consideration

-

-

-

-

0

0

0

-4,415

2,387

2,524

-2,391

7,533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on dispositions

17,111

0

0

3,545

-

-

-

-

0

0

3,977

-269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

839

1,118

668

634

616

606

580

548

527

564

533

532

516

514

583

573

616

619

Amortization of loan fees

483

483

483

483

483

474

470

470

510

546

546

546

395

91

91

91

86

84

84

84

82

81

100

104

104

104

104

150

96

79

92

93

120

91

90

91

Deferred income taxes

-3,291

511

573

452

5,267

546

1,559

375

-51,836

2,339

3,897

-451

4,531

72

419

939

772

-911

1,157

994

20,141

826

1,159

2,216

1,123

680

902

957

712

467

1,130

1,559

1,127

1,275

1,747

976

Change in operating assets and liabilities:
Accounts receivable

5,940

1,914

6,153

-11,155

6,003

2,525

6,487

-2,426

-2,347

1,171

4,595

-7,465

529

431

798

-1,248

1,538

-1,028

2,350

45

1,500

-77

962

-1,354

305

-448

1,125

-1,160

1,516

520

1,694

-2,095

1,341

-367

1,711

-1,986

Prepaid expenses

-3,130

634

1,301

1,577

-6,924

1,394

-356

3,020

-1,054

-77

-62

2,286

1,194

-1,757

731

1,133

-905

-302

973

1,494

-1,942

-637

681

1,097

-826

-1,008

1,153

1,177

-1,404

-437

-238

961

-298

-360

-415

924

Other assets

99

-1,906

-838

2,884

-3,603

1,503

-41

48

2,211

-133

-398

-388

-235

663

191

-161

-204

190

-492

-820

716

-540

482

-28

77

-2

-71

-109

107

-698

493

-14

-1,086

-136

139

519

Accounts payable

-3,447

3,268

2,156

-1,265

-4,952

5,175

1,959

-419

2

-690

3,642

-1,193

3,278

259

-50

344

-576

142

1,407

-266

2

-119

-248

-188

553

203

18

-257

121

253

-184

59

-406

418

-118

324

Other liabilities

2,863

1,941

1,162

846

-1,094

-2,653

455

2,410

-1,154

-82

-2,627

-744

-4,771

434

353

1,215

-1,100

-251

317

-1,398

3,394

415

-368

-133

-975

406

228

-448

-221

428

551

-189

-69

757

449

-89

Other operating activities

-220

-216

237

-154

98

232

-296

44

0

-47

132

-134

-18

140

9

-42

-425

-94

44

-21

235

-130

205

-128

-51

316

28

-38

205

167

57

385

169

53

76

108

Net cash provided by operating activities

-2,322

11,779

4,122

7,410

8,560

4,850

6,181

4,800

-

-

-

-

-

-

-

6,087

4,454

4,432

3,920

1,564

3,750

6,195

2,753

4,214

-

-

-

-

4,805

6,434

3,558

5,605

5,032

6,740

4,515

4,379

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

6,146

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,478

3,934

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Capital expenditures

2,128

2,231

2,828

1,841

863

1,219

953

1,173

1,230

1,361

601

999

868

703

712

656

321

962

382

462

434

822

601

1,188

701

1,232

565

286

413

594

331

369

416

462

321

244

Proceeds from dispositions

22,549

0

0

3,800

-

-

-

-

0

0

11,000

24,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for translator licenses

-

-

-

-

150

0

0

52

25

0

409

700

-

-

-

-

0

0

200

190

0

0

90

65

86

0

0

30

-

-

-

-

-

-

-

-

Payments for investments

-

-

0

2,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

104

0

62

300

0

0

850

Loan to related party

-

-

-

-

-

-

-

-

0

0

0

150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of notes receivable from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,468

93

93

92

91

91

93

98

97

97

81

73

72

71

70

69

68

67

66

65

Net cash used in investing activities

16,656

-18,241

-2,828

-541

-2,543

-40,739

-1,103

-1,225

-

-

-

-

-

-

-

-656

2,141

-868

-656

-560

-342

-731

-701

-1,155

-

-

-

-

-536

-2,627

-261

-362

-648

-394

-255

-1,029

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

22,150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-587

-243

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Payments on debt

7,000

2,500

4,000

2,500

1,016

2,016

2,016

3,016

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on debt

-

-

-

-

-

-

-

-

-

-

-15,015

-28,015

-84,492

-14

-3,014

-3,014

-2,000

-3,000

-3,000

-1,500

-1,278

-3,278

-1,250

-3,375

-3,375

-2,000

-3,500

-1,000

-2,125

-1,293

-3,213

-3,352

-5,856

-3,158

-3,069

-3,171

Reduction of finance lease liabilities

17

16

16

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax shortfall from vesting of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-151

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit (shortfall) from vesting of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

111

7

4

2

48

0

0

0

-80

-7

-0

2

85

Dividends paid

1,389

1,388

1,387

1,373

1,367

1,367

1,366

1,286

1,286

1,285

1,285

1,280

1,036

1,036

1,035

1,032

1,031

1,031

1,031

1,027

1,027

1,026

1,026

1,023

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

178

5

11

19

179

17

43

25

600

28

21

456

36

9

6

145

0

7

8

237

0

11

14

351

0

6

7

176

0

3

4

103

0

3

6

204

Net cash provided by (used in) financing activities

-7,584

6,088

-5,415

-3,910

-2,563

31,046

-3,426

-4,327

-

-

-

-

-

-

-

-4,193

-3,373

-4,038

-4,039

-2,916

-2,369

-4,333

-2,679

-4,639

-

-

-

-

-3,960

-7,852

-3,217

-3,536

-5,864

-3,162

-3,073

-3,289

Net increase (decrease) in cash and cash equivalents

6,749

-373

-4,121

2,959

3,454

-4,842

1,651

-752

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-29,751

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,121

-1,128

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-1,823

-1,454

3,674

2,529

-1,435

1,238

3,222

-475

-775

-1,912

1,038

1,129

-627

-1,580

1,809

-502

-1,231

2,562

308

-4,045

80

1,706

-1,479

3,182

1,186

60

Cash paid for interest

4,160

3,980

4,124

4,112

3,992

3,518

3,422

3,051

3,218

4,127

4,160

4,384

3,364

763

808

913

901

979

856

863

887

998

999

1,119

1,282

1,255

2,264

1,816

2,041

1,715

1,191

1,252

1,250

1,693

1,776

2,267

Cash paid for income taxes

815

900

1,523

1,013

655

7

230

35

0

311

1,463

246

95

0

2,531

23

0

878

2,058

2,229

159

546

1,873

130

857

695

2,068

205

1,191

451

1,663

14

250

200

350

350

Supplement disclosure of non-cash investing and financing activities:
Property and equipment acquired through placement of advertising airtime

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

85

18

8

-

-

-

-

89

41

-0

29

75

5

54

1

34

34

20

42

Media advertising exchanged for investment

0

0

0

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Postretirement Benefits Plan [Member]
Termination of pension plan

-

-

-

-

0

0

0

-992

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class A Common Stock [Member]
Class A common stock issued for acquisition

0

0

0

198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class A common stock issued for investment

0

0

0

974

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-