Option care health, inc. (BIOS)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent

-75,920

-6,115

3,878

-42,765

-300,128

-147,468

-69,654

64,707

7,872

-69,142

54,099

-74,032

3,317

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-

-

-

-6,593

4,691

2,452

1,987

76,982

8,296

-1,467

-

-

-

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-

-

-

-36,172

-304,819

-149,920

-71,641

-12,275

-424

-67,675

-

-

-

Adjustments to reconcile net loss to net cash provided by operations:
Depreciation and amortization expense

57,869

41,055

38,062

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

1,055

1,813

0

-

-

Change in fair value of contingent consideration

-

-

-

-

-

-

-

-

0

-

-

-

-

Change in deferred income tax

-

-

-

-

-

-

-

-

1,153

47,333

-

-

-

Goodwill and intangible impairment

-

-

-

-

-

-

-

-

-

-

-

93,882

0

Depreciation, Depletion and Amortization

-

-

-

22,025

-

-

-

-

-

-

-

-

-

Non-cash operating lease costs

19,719

0

0

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Fair Value of Contingent Consideration

-

-

-

4,597

30

7,364

5,786

0

-

-

-

-

-

Change in fair value of equity linked liabilities

-

-

-

-10,450

-

-

-

-

-

-

-

-

-

Change in fair value of equity linked liabilities

-

-

-

-

0

0

-

-

-

-

-

-

-

Change in deferred income taxes

-

-

-

-2,045

20,089

-9,359

-4,801

32

-

-

-

-

-

Deferred income taxes - net

-4,607

-3,595

-19,804

-

-

-

-

-

-

-

-40,517

-12,221

2,808

Loss on sale of assets

-3,269

-1,123

-999

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Business

626

-3,549

0

-

-

-

-

-

-

-

-

-

-

Gain on dispositions

-

-

-

3,954

0

0

-

-

-

-

-

-

-

Loss on disposal of fixed assets

-

-

-

-

-

-

-

-156

-

-

-

-

-

Loss on extinguishment of debt

-5,469

-72

0

0

0

-2,373

-15,898

0

0

-2,954

0

-

-

Depreciation and amortization

-

-

-

-

22,864

22,943

20,226

8,367

6,591

5,379

5,033

4,457

4,192

Amortization of intangibles

-

-

-

-

-

-

-

3,957

-

-

-

-

-

Impairment of goodwill

-

-

-

-

251,850

0

0

-

-

-

-

-

-

Amortization of intangibles

-

-

-

-

-

-

-

-

3,376

2,522

0

1,936

2,898

Amortization of deferred financing costs

4,544

3,107

2,996

4,042

3,440

4,153

2,259

1,261

-

-

-

-

-

Paid-in-Kind Interest

12,256

0

0

0

-

-

-

-

-

-

-

-

-

Gain on disposition of property and equipment

-

-

-

-

-

-

-

-

-201

-285

0

-

-

Income (Loss) from Equity Method Investments

2,840

1,020

2,200

-

-

-

-675

0

0

-

-

-

-

Excess tax benefits relating to employee stock compensation

-

-

-

-

-

-

-

-

-

-

120

0

0

Stock-based incentive compensation expense

4,170

2,139

1,455

1,801

4,513

8,570

9,450

6,122

4,467

3,320

3,419

3,790

3,004

Interest on management notes receivable

62

78

56

-

-

-

-

-

-

-

-

-

-

Capital distribution from equity method investments

500

2,000

1,250

-

-

-

-

-

-

-

-

-

-

Change in contingent consideration liability

-300

0

0

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

4,667

5,119

Accounts receivable, net

-82,285

21,012

34,003

2,219

-18,760

-34,534

40,002

-103,937

31,690

4,321

-7,536

-34,347

1,050

Inventories

12,853

-2,965

3,481

-10,016

5,769

2,952

-4,939

15,249

2,497

1,196

6,029

-11,629

-127

Prepaid expenses and other current assets

2,940

4,715

-12,452

893

734

-5,474

584

-3,805

-11,211

19,284

1,237

-1,923

859

Accounts payable

-30,856

10,965

47,411

-15,977

-23,381

27,092

22,726

-48,369

-1,659

2,944

-2,401

19,594

5,618

Accrued compensation and employee benefits

2,671

-5,586

-12,246

-

-

-

-

-

-

-

-

-

-

Claims payable

-

-

-

-

-

-

0

-4,354

-

-

-

-

-

Amounts due to plan sponsors

-

-

-

308

-1,377

562

-13,094

-7,025

5,437

-

-

-

-

Claims payable

-

-

-

-

-

-

-

-

8,729

-

-

-

-

Amounts due to plan sponsors

-

-

-

308

-1,377

-

-

-7,025

5,437

-

-

-

-

Accrued interest

-

-

-

-192

45

4,681

-3,627

-22

59

-

-

-

-

Accrued expenses and other current liabilities

-317

-1,740

-4,095

-1,305

-8,020

7,310

-3,294

9,062

-

-

-

-

-

Operating lease liabilities

17,253

0

0

-

-

-

-

-

-

-

-

-

-

Other noncurrent assets and liabilities

4,711

-1,314

-5,239

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-2,945

-

-

-

-

Claims payable

-

-

-

-

-

-

-

-

-

1,030

1,162

66

-4,384

Amounts due to plan sponsors

-

-

-

-

-

-

-

-

-

-6,079

708

1,078

-5,712

Accrued interest

-

-

-

-

-

-

-

-

-

-5,766

0

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-15,494

4,832

-4,064

5,545

Net cash used in operating activities from continuing operations

-

-

-

-35,522

-62,747

-33,185

-57,054

49,341

3,064

-33,559

-

-

-

Net cash used in operating activities from discontinued operations

-

-

-

-7,019

-1,483

1,769

2,474

-22,457

23,905

12,140

-

-

-

Net cash provided by operating activities

39,467

24,428

37,871

-42,541

-64,230

-31,416

-54,580

26,884

26,969

-21,419

22,745

-8,746

24,187

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment, net

-

-

-

9,870

12,056

13,829

25,599

10,658

7,853

6,730

5,739

-7,463

-5,526

Acquisition of property and equipment

28,292

26,276

24,956

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of assets

10

0

484

-

-

-

-

-

-

-

-

-

-

Insurance proceeds from business casualty loss

626

0

0

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Businesses, Net of Cash Acquired

700,170

10,727

0

67,516

0

454

282,998

43,046

-

92,464

0

-

-

Proceeds from dispositions

-

-

-

4,177

0

0

-

-

-

-

-

-

-

Investment in restricted cash

-

-

-

-

0

-

-

-

-

-

-

-

-

Cash consideration paid for acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

463

0

0

-

-

Net cash proceeds from sale of unconsolidated affiliate

-

-

-

-

-

852

8,617

0

0

-

-

-

-

Cash advances to unconsolidated affiliate

-

-

-

-

-

-

2,363

0

0

-

-

-

-

Cash consideration paid to DS Pharmacy

-

-

-

-

-

-

-

2,935

0

4,969

0

-

-

Cash consideration paid for unconsolidated affiliate, net of cash acquired

-

-

-

-

-

-

-

10,652

0

0

-

-

-

Net cash used in investing activities from continuing operations

-

-

-

-

-12,056

-13,431

-302,343

-67,291

-8,316

-104,163

-

-

-

Net cash provided by investing activities from discontinued operations

-

-

-

-

24,565

57,688

0

161,171

-1,591

-4,120

-

-

-

Net cash used in investing activities

-727,826

-37,003

-24,472

-73,209

12,509

44,257

-302,343

93,880

-9,907

-108,283

-5,739

-7,463

-5,526

CASH FLOWS FROM FINANCING ACTIVITIES:
Redemptions to related parties

2,000

0

0

-

-

-

-

-

-

-

-

-

-

Sale of management notes receivable

1,310

0

0

-

-

-

-

-

-

-

-

-

-

Exercise of stock options, vesting of restricted stock, and related tax withholdings

2,501

0

0

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration liability

0

0

1,000

-

-

-

-

-

-

-

-

-

-

Proceeds from Issuance of Debt

981,050

1,000

0

-

-

-

-

-

-

-

-

-

-

Repayments of debt principal

2,075

5,150

4,150

-

-

-

-

-

-

-

-

-

-

Retirement of debt obligations

226,738

0

0

-

-

-

-

-

-

-

-

-

-

Payments of Debt Issuance Costs

30,022

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from private issuances, net

-

-

-

83,267

0

0

118,382

0

0

-

-

-

-

Proceeds from issuance of convertible preferred stock and warrants, net of issuance costs

-

-

-

-

59,691

0

0

-

-

-

-

-

-

Cash consideration paid for Option Health earn-out

-

-

-

-

-

-

-

-

-

1,000

0

-

-

Proceeds from priming credit agreement, net

-

-

-

0

0

-

378,091

0

0

319,000

0

-

-

Fees attributable to extinguishment of debt

-

-

-

0

-

-

-

-

-

-

-

-

-

Repayment of 10 1/4% senior unsecured notes

-

-

-

-

-

-

237,397

0

0

-

-

-

-

Repayment of note payable

-

-

-

-

-

-

-

-

-

-2,250

0

-

-

Deferred and other financing costs

-

-

-

-

2,630

1,135

0

0

22

11,583

0

-

-

Borrowings on revolving credit facility

-

-

-

104,300

203,663

244,700

449,559

1,244,050

1,773,644

407,277

1,331,000

1,409,003

1,200,760

Repayments on revolving credit facility

-

-

-

64,000

193,663

279,703

409,559

1,307,872

1,791,058

356,430

1,351,022

1,392,370

1,219,891

Borrowings on long-term debt, net of expenses

-

-

-

0

0

194,539

0

0

-

-

-

-

-

Principal payments of long-term debt

-

-

-

12,550

0

172,243

5,000

0

-

-

-

-

-

Principal payments on CHS long-term debt, paid at closing

-

-

-

-

-

-

-

-

-

128,952

0

-

-

Principal payments of long-term debt

-

-

-

-

-

-

-

-

0

100,000

0

-

-

Repayments of capital leases

-

-

-

1,073

395

360

802

3,278

2,635

348

0

-

-

Net activity from exercises of employee stock awards

-

-

-

-202

-108

-

-

-

-

-

-

-

-

Net proceeds from exercise of employee stock compensation plans

-

-

-

-

-

1,100

2,549

8,611

3,198

-

-

-

-

Excess tax benefits relating to employee stock compensation

-

-

-

-

-

-

-

-

-

-

120

0

0

Surrender of stock to satisfy minimum tax withholding

-

-

-

-

-

-

0

174

-189

-128

-119

-889

-1,397

Net proceeds from exercise of employee stock compensation plans

-

-

-

-

-

-

-

-

-

4,116

3,015

465

1,867

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

-

-

-

-

-

-

-

-

-

129,702

-

-

-

Net cash provided by financing activities from discontinued operations

-

-

-

-

-

-

-

-

-

0

-

-

-

Net cash used in financing activities

719,024

-4,150

-5,150

109,742

66,558

-13,102

295,823

-58,663

-17,062

129,702

-17,006

16,209

-18,661

NET INCREASE IN CASH AND CASH EQUIVALENTS

30,665

-16,725

8,249

-6,008

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

14,837

-261

-61,100

62,101

0

0

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for interest

50,808

47,173

43,485

34,696

34,302

34,133

25,589

27,528

27,528

20,116

1,918

4,011

3,471

Cash paid for income taxes

2,405

1,600

1,194

-372

114

1,651

3,137

1,042

1,042

2,565

741

382

1,599

Cash paid for operating leases

18,992

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of 3,750,000 shares in connection with the Home Solutions acquisition

-

-

-

9,938

0

0

-

-

-

-

-

-

-

Capital lease obligations incurred to acquire property and equipment

-

-

-

2,314

0

107

-

6,631

-

-

-

-

-

Interest Capitalized To Debt Principal

-

-

-

0

-

-

-

-

-

-

-

-

-

Tenant improvement allowances for leasehold improvements

-

-

-

0

-

-

-

-

-

-

-

-

-

Capital lease obligations incurred to acquire property and equipment

-

-

-

-

-

-

-

-

6,631

671

0

-

-