Bristow Group Inc. BRS Cash Flow

Bristow group inc. (BRS)

CashFlow / Quarterly

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	Mar'10	Dec'09	Sep'09	Jun'09
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net loss
-162,919	-169,088	-74,723	-86,188	-143,430	-31,797	-100,030	-9,937	-31,396	-55,746	-78,689	-26,048	-30,107	-41,072	-33,408	3,568	-45,680	-1,629	15,808	71	27,825	45,003	31,969	19,014	109,884	26,912	40,359	36,686	30,434	24,196	14,576	26,485	2,961	21,219	31,225	42,314	38,848	20,908	28,668	27,126	33,710	23,991
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
31,303	31,339	32,854	30,615	30,489	30,941	29,923	31,682	31,381	31,056	25,694	29,768	28,592	34,694	29,959	32,320	37,387	37,146	37,129	23,625	28,205	25,334	25,645	23,655	23,858	22,819	26,724	24,867	23,321	21,372	25,296	22,709	25,431	22,708	27,740	21,338	20,968	19,331	17,365	20,663	18,470	18,186
Deferred income taxes
-26,137	-19,115	-8,606	21,803	-20,875	-6,776	-34,669	-15,862	-5,454	6,651	36,711	-931	-12,844	-7,216	-14,015	-15,083	-15,252	-7,293	418	-7,546	-8,735	8,406	8,597	-10,484	-4,416	11,768	-3,417	-578	1,479	-6,071	-9,472	3,421	-13,186	2,949	7,265	-8,033	-1,355	5,740	-3,375	5,552	10,530	2,810
Write off of deferred financing fees
1,413	2,625	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	223	273	164	0	0	0	12,733	1,753	2,889	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Discount amortization on long-term debt
670	850	1,624	1,612	1,591	1,510	1,358	242	78	23	292	325	962	27	27	27	28	918	1,111	1,082	1,075	1,055	989	997	801	921	934	891	902	870	873	841	844	822	816	795	789	776	763	751	737	725
Gain (Loss) on Contract Termination
-58,480	-60,853	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment
-230	-3,787	-8,857	-16,015	-1,293	-1,678	-5,177	-4,591	-8,526	699	-1,422	-874	-2,186	-10,017	-6,837	-2,154	-14,007	-7,695	-10,255	-26,331	127	610	81	3,982	-3,064	-1,721	7,249	7,396	-1,262	-5,315	-28,610	-2,865	-1,611	1,416	5,096	-33	1,897	1,718	5,328	2,448	4,880	6,009
Asset Impairment Charges
-	-	-	-	-	-	90,208	0	0	1,192	0	8,706	7,572	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Business
420	-56,303	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferral of lease payments
0	285	1,127	1,126	1,273	1,568	1,568	2,423	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	6	-578	-	-	-	0
Impairment of inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,439	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
676	824	682	2,000	2,000	1,700	1,600	2,300	2,400	4,100	2,892	3,264	2,044	4,200	4,559	6,261	6,413	3,967	2,702	5,244	4,220	4,187	4,739	4,069	3,756	2,869	2,861	3,485	2,675	2,848	1,846	2,184	2,284	5,196	1,838	2,744	4,289	3,730	4,030	3,303	3,004	3,607
Equity in earnings from unconsolidated affiliates less than dividends received
-1,333	697	-1,288	294	145	-2,957	1,569	1,995	1,855	-665	1,118	766	-59	3,587	-392	7,649	-15,406	5,530	-5,222	-1,834	-6,643	4,281	6,297	-15,987	3,087	4,974	4,901	1,477	6,995	-4,129	2,230	-2,431	-6,678	1,393	4,774	557	1,592	-702	7,385	-3,007	-4,924	1,078
Tax benefit related to stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-159	-134	337	-92	0	1,476	166	395	1,094	1,712	2,522	139	-72	29	404	224	21	8	101	282	51	16	163	-409	842	-407	-26
Increase (decrease) in cash resulting from changes in:
Accounts receivable
949	19,856	-3,134	-9,271	-26,625	19,833	28,674	-21,437	3,681	21,541	-7,972	8,608	-42,786	18,391	-14,750	1,632	-27,161	-6,329	-35,462	8,763	1,615	972	28,139	-3,278	-35,457	6,949	9,471	14,054	-30,867	10,081	34,524	-28,029	16,992	-10,640	26,931	1,574	4,489	20,451	-21,627	-14,501	3,841	9,866
Inventories
1,169	-968	4,408	-720	2,289	1,496	-2,464	2,770	-1,703	3,551	-954	2,115	-1,203	2,000	-2,175	2,494	-1,811	4,872	5,900	3,713	832	11,033	-13,930	668	-3,674	4,112	-8,699	9,993	-1,823	1,869	-443	995	-13,336	5,420	-1,696	3,414	2,056	944	6,913	24,625	-6,907	-6,336
Prepaid expenses and other assets
-2,045	4,720	-3,114	4,551	-4,709	1,729	-1,663	-2,930	-2,214	-5,106	-5,626	-551	2,520	2,390	-3,138	-19,022	4,085	17,582	12,131	10,690	814	1,850	-853	12,942	-9,731	791	31,231	8,767	3,087	-3,816	5,456	-4,085	404	-3,701	-12,840	-5,998	14,525	-162	-22,978	24,946	-2,433	-7,958
Accounts payable
10,124	2,621	6,443	-9,607	4,266	3,385	11,155	-9,959	-1,293	-3,288	22,447	-25,564	12,841	5,328	15,843	-27,922	10,565	14,830	-24,018	21,147	-9,305	7,511	26,573	-29,150	-6,916	4,339	23,100	5,980	-4,386	960	18,416	-21,123	10,909	-5,527	8,365	-13,320	11,240	-1,466	-6,457	2,110	-3,553	6,081
Accrued liabilities
6,496	26,394	-7,668	-20,687	-4,858	-21,845	11,598	-2,893	6,172	-8,807	178	-21,830	-8,965	10,904	12,254	-4,801	-21,245	-20,243	24,914	14,723	12,851	-23,027	6,829	-888	24,538	-18,782	10,761	16,252	565	11,212	5,866	3,878	4,404	459	-5,233	-2,423	-5,480	2,563	-11,589	13,519	2,824	-13,127
Other liabilities and deferred credits
-3,706	-10,135	-4,302	-3,772	-674	-4,374	-3,900	3,387	6,423	-6,376	379	-519	-186	-5,342	-7,380	-6,506	-6,601	-2,901	-2,839	-2,209	2,272	-12,376	-722	-2,969	-1,009	-9,539	5,258	4,036	655	-881	-7,924	2,160	1,626	-948	-18,258	2,365	-1,196	-2,942	-7,047	-12,079	8,617	2,092
Net Cash Provided by (Used in) Operating Activities
-20,403	-36,762	-40,535	-42,000	17,217	-44,119	-10,237	26,027	15,845	-51,179	25,635	-42,893	43,623	-14,828	62,547	-2,576	42,323	15,937	90,816	61,243	63,822	37,345	94,795	4,823	96,063	36,413	64,041	67,825	79,486	55,412	37,405	76,949	64,104	52,889	35,956	46,215	43,534	25,650	32,342	69,408	58,629	34,980
Net Cash Provided by (Used in) Investing Activities [Abstract]
Payments to Acquire Productive Assets
18,511	7,439	7,191	16,409	8,407	8,895	9,846	12,124	11,764	12,553	15,384	17,860	80,803	21,063	29,010	196,376	79,212	67,777	102,549	197,166	101,672	200,447	102,565	186,489	160,027	179,532	144,055	313,965	26,850	86,555	75,995	101,163	77,027	72,235	22,770	58,805	34,435	29,508	56,651	114,127	50,105	86,040
Acquisitions, net of cash received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-178,961	0	323	178,638
Proceeds from sales of joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,291	-	-	-	0
Proceeds from asset dispositions
1,799	3,204	4,720	631	688	7,774	193	6,303	269	41,975	4,127	2,525	319	11,500	40,883	3,045	6,806	9,301	10,498	6,717	391,001	6,643	45,084	89,264	153,710	1,893	183,925	34,546	76,149	20,227	136,306	91,497	11,207	833	10,189	-3	13,156	4,022	3,757	3,735	30,874	40,364
Cash transferred in sale of subsidiaries, net of cash received
-420	22,878	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in unconsolidated affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	44,026	6,303	850	2,378	0	0	0	-	-	-	-	-	-	-	-
Deposit received on aircraft held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,021	0	0	1,000	-	-	-	-23,764
Net Cash Provided by (Used in) Investing Activities
-16,292	-27,113	-1,506	-15,778	-7,719	-1,121	-9,653	88,642	-11,495	29,422	-11,257	-15,045	-80,484	-9,563	7,463	-193,331	-72,406	-58,476	-112,354	-186,264	289,329	-193,804	-97,331	-97,225	105,893	-177,639	39,870	-323,445	42,996	-67,178	58,133	-9,666	-65,820	-71,402	-9,560	-58,808	-21,279	-23,195	-57,473	-110,392	-43,318	-200,550
Net Cash Provided by (Used in) Financing Activities [Abstract]
Proceeds from borrowings
150,000	75,585	83	0	0	387	348,106	210,750	269,000	69,018	348,027	164,286	121,546	74,408	18,381	448,840	96,807	364,774	106,533	128,506	71,310	148,044	249,087	123,831	56,789	103,357	449	675,000	0	0	0	71,500	33,493	55,000	0	243,001	8,049	1,963	-	-	-	0
Payment of contingent consideration
-	-	-	-	-	-	-	-	-	-	0	0	0	10,000	1,453	0	0	8,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
4,114	10,016	0	45	176	2,378	8,907	4,958	6,202	493	4,127	958	0	2,925	5,139	0	0	0	-	-	-	-	371	0	2,419	12,733	-1	10,345	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of debt
93,407	5,821	11,936	19,146	15,776	14,194	61,900	291,537	251,183	66,947	326,651	122,711	102,931	18,035	-	-	-	285,589	87,105	90,331	246,990	35,848	280,429	114,315	116,015	1,733	114,687	524,934	2,500	21,800	-	-	1,244	31,274	-	-	863	6,767	-	1,210	7,454	1,404
Payments of Distributions to Affiliates
1,323	0	14	13	13	14	13	13	11	12	11	13	12	13	13	14	14	14	13	16	15	15	15	15	13	14	111	-15	-16	-17	-16	-16	-16	-15	-15	-16	-14	-14	-24	-15	-18	-19
Acquisition of noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	5,311	0	2,000	0	0	3,170	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	637	-	-	-	0
Repurchase of Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	37,408	23,266	20,157	61,117	16,544	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock dividends paid
-	-	-	-	-	-	0	0	0	2,465	2,434	2,456	2,457	2,453	2,473	11,881	11,875	11,871	11,143	11,246	11,336	11,353	9,002	9,180	9,093	9,045	7,225	7,212	7,152	7,145	5,380	5,403	5,423	5,410	0	0	0	0	-	-	-	-
Preferred stock dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,163	3,162
Issuance of common stock
0	0	-	0	0	2,830	0	0	0	0	-	-	-	-	-	-	-	-	2,955	819	423	975	1,030	2,818	8,546	3,004	3,774	3,646	7,558	311	2,682	982	446	1,183	1,199	643	0	111	2,258	247	743	346
Repurchases for tax withholdings on vesting of equity awards
0	0	652	1	20	1,484	2,149	43	274	274	73	5	187	570	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit related to stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-159	-134	337	-92	0	1,476	166	395	1,094	1,712	2,522	139	-72	29	404	224	21	8	101	282	51	16	163	-409	-24	407	26
Net cash provided by (used in) financing activities
51,156	59,748	-12,519	-19,205	-16,565	-14,853	274,806	-95,935	11,330	-1,173	14,700	35,610	15,959	40,412	-102,802	187,770	46,804	57,637	11,135	-9,676	-211,568	81,812	-106,422	91,724	-60,493	85,358	-117,565	134,850	-2,081	-28,247	-79,695	37,432	27,002	19,585	-18,087	1,417	6,388	-5,181	-6,953	-1,002	-9,485	-4,213
Effect of exchange rate changes on cash, cash equivalents and restricted cash
2,566	1,840	-	-	-1,692	-3,580	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
17,027	-2,287	-	-	-8,759	-63,673	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	7,459	1,771	2,784	5,153	-3,581	-7,181	-1,141	2,380	5,194	704	2,226	1,150	-6,817	-7,847	-11,477	4,110	-9,931	10,387	12,066	237	-2,621	4,319	698	5,713	799	-86	-2,077	-363	7,189	3,538	6,000	-1,209	2,818	5,840	-916	7,109
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	262,375	20,505	18,464	-17,777	25,497	-29,509	-22,043	18,401	-27,598	-7,433	18,947	16,248	-17,220	-142,544	130,106	-70,537	-118,889	9,709	153,529	-55,631	-16,275	-116,451	121,099	-34,300	16,642	104,629	23,209	709	15,498	-7,638	34,643	-3,935	-29,266	-36,146	4,910	-162,674
Cash paid during the period for:
Interest Paid, Excluding Capitalized Interest, Operating Activities
27,226	9,939	-	-	23,927	24,628	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	36,227	11,576	22,093	-	19,725	6,126	18,114	-	16,702	3,096	16,655	-	21,826	-485	14,927	-	17,338	1,888	17,348	-	4,411	16,605	3,124	-	3,581	15,325	3,612	-	9,494	13,685	9,171	-	9,123	13,527	9,180
Income taxes
4,218	4,413	-	3,581	4,271	5,648	-	7,203	8,694	4,543	-	15,149	4,343	4,058	-	6,828	6,880	7,365	-	13,580	6,555	8,767	-	29,860	6,011	10,081	-	7,242	3,374	6,498	-	6,674	4,050	5,121	-	1,513	1,278	6,281	2,696	1,938	3,701	4,265
Deferred sale leaseback advance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	18,285	0	26,933	42,747	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Completion of deferred sale leaseback
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	74,480	0	110,584	73,104	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-