Black Knight, Inc. BKI Cash Flow

Black knight, inc. (BKI)

CashFlow / TTM

Mar'20	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
Cash flows from operating activities:
Net earnings
132,900	108,800	138,700	157,000	151,800	168,500	272,900	273,800	263,000	254,200	141,300	129,800	133,800	133,000	128,800	126,400	101,000	82,400	0	0	0
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization
237,000	236,200	232,000	226,400	222,500	217,000	211,300	208,600	205,100	206,500	208,300	213,800	212,900	208,300	205,100	197,000	196,600	194,300	0	0	0
Amortization of debt issuance costs, bond premium and original issue discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of debt issuance costs and original issue discount
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Loss on extinguishment of debt, net
-	-	-	-	-	-	-	-	-	-12,600	-12,600	-12,600	-400	0	0	0	0	-	-	-	-
Deferred income taxes, net
-5,600	-3,700	-3,200	-10,100	-9,500	-7,500	-81,600	-79,300	-73,400	-78,400	4,300	5,800	3,400	3,200	9,800	13,500	11,600	11,800	0	0	0
Equity in (earnings) losses of unconsolidated affiliates, net of tax
-55,100	-74,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity-based compensation
48,200	50,800	57,300	56,400	56,500	50,900	38,100	28,700	21,400	18,900	17,100	16,400	14,900	12,400	10,500	8,000	12,300	11,400	0	0	0
Changes in assets and liabilities, net of acquired assets and liabilities:
Trade and other receivables, including receivables from related parties
-2,900	-7,400	2,100	-900	-14,900	-44,500	-6,100	-8,100	15,900	52,500	3,200	16,800	6,300	6,400	10,800	2,200	4,000	20,900	0	0	0
Prepaid expenses and other assets
6,300	900	7,100	7,100	35,000	41,500	34,000	28,100	-4,700	-1,700	1,100	9,800	8,700	11,200	3,100	14,400	10,600	6,400	0	0	0
Deferred contract costs
45,700	40,900	38,500	42,200	41,000	44,800	48,000	46,400	47,900	48,500	46,400	48,900	50,900	51,900	52,200	101,700	81,700	54,900	0	0	0
Deferred contract costs
-15,000	-15,600	-18,300	-16,200	-8,500	-6,400	3,900	20,400	28,200	35,600	38,000	36,900	31,100	26,200	17,900	63,900	49,000	32,600	0	0	0
Trade accounts payable and other liabilities
-31,700	-40,700	-48,100	-27,800	27,000	45,900	38,900	42,200	0	-2,500	-19,100	-15,600	-16,600	9,400	-8,900	11,900	-800	-7,700	0	0	0
Net cash provided by operating activities
374,700	378,300	351,500	353,600	400,700	435,500	416,700	437,700	401,100	351,100	355,000	326,700	316,700	325,700	299,800	305,000	280,200	248,200	0	0	0
Cash flows from investing activities:
Additions to property and equipment
22,100	22,400	21,200	20,300	23,700	30,000	42,200	37,900	33,800	27,400	19,400	24,700	35,000	38,100	34,300	36,200	40,200	45,600	0	0	0
Additions to computer software
80,800	81,500	76,700	76,200	77,400	73,100	69,800	64,300	55,400	53,300	47,100	46,300	44,600	41,900	42,800	45,100	46,800	50,100	0	0	0
Business acquisition, net of cash acquired
103,200	52,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated affiliate
17,600	392,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	6,800	0	0	0
Asset acquisition
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-240,400	-551,000	-578,300	-506,500	-517,100	-144,100	-118,000	-112,200	-93,200	-84,700	-70,500	-71,000	-229,800	-230,200	-227,300	-231,500	-87,000	-102,500	0	0	0
Cash flows from financing activities:
Revolver borrowings
580,200	876,000	996,500	807,200	1,032,300	676,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Revolver payments
590,700	648,500	717,200	600,200	742,300	649,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Term loan borrowings
-	-	-	-	-	-	-	-	-	300,000	0	0	0	-	-	-	-	-	-	-	-
Term loan payments
31,300	31,300	31,200	31,200	412,400	418,500	424,600	430,700	42,700	39,800	36,900	64,000	99,000	149,000	149,000	119,000	1,790,800	1,745,900	0	0	0
Finance lease payments
0	-	-	-	0	-	-	-	-	13,800	16,600	14,000	9,300	5,000	0	0	0	-	-	-	-
Purchases of treasury stock
-	-	-	-	-	141,500	231,600	231,600	278,200	136,700	0	0	0	-	-	-	-	-	-	-	-
Distributions to members
-	-	-	-	-	-	-	-	-	75,300	75,400	38,400	38,600	48,600	48,600	48,600	65,400	17,400	0	0	0
Tax withholding payments for restricted share vesting
23,200	15,900	17,700	14,900	13,700	9,400	9,400	8,500	8,600	6,100	4,300	4,300	4,100	0	0	0	0	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	8,600	8,600	8,500	1,700	0	0	0	0	-	-	-	-
Net cash provided by financing activities
-79,800	167,800	219,700	150,800	118,500	-287,300	-428,000	-413,400	-405,500	-384,100	-197,200	-184,600	-97,700	-147,600	-142,600	-114,900	-114,500	-21,600	0	0	0
Net increase (decrease) in cash and cash equivalents
54,500	-4,900	-7,100	-2,100	2,100	4,100	-129,300	-87,900	-97,600	-117,700	87,300	71,100	-10,800	-52,100	-70,100	-41,400	78,700	124,100	0	0	0
Supplemental cash flow information:
Interest paid, net
0	-	0	0	0	-	0	0	59,200	-	65,800	62,700	60,200	60,200	59,900	61,400	75,600	89,200	0	0	0
Income taxes (paid) refunded, net
0	-	0	0	0	-	0	0	16,300	-	19,500	21,600	20,700	21,900	15,700	12,200	1,100	-200	0	0	0