Cars.com inc. (CARS)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash flows from operating activities:
Net loss

-787,434

-4,110

-426,157

-6,026

-9,031

9,357

15,797

12,726

929

151,758

20,988

24,809

26,888

48,806

51,845

42,020

33,699

Adjustments to reconcile Net loss to Net cash provided by operating activities:
Depreciation

5,683

4,873

4,349

5,045

4,033

3,605

3,292

3,142

2,761

2,859

2,426

2,909

2,606

-

-

-

-

Amortization of intangible assets

25,278

25,266

24,621

24,621

24,092

23,041

23,212

23,570

21,177

19,498

19,467

19,468

19,467

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,090

20,214

20,245

Amortization of unfavorable contracts liability

0

0

6,285

6,300

6,300

6,300

6,300

6,300

6,300

6,300

6,300

6,300

6,300

6,300

6,300

6,300

6,300

Goodwill and intangible asset impairment

905,885

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of non-marketable security

9,447

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

1,971

2,330

-1,071

3,348

2,981

1,928

3,019

2,876

1,600

-

-

-

-

-

-

-

-

Deferred income taxes

-133,064

7,821

-34,481

-15,690

-2,570

9,556

3,992

2,985

160

-117,233

6,657

1,901

-170

-

-

-

-

Gain on trading securities related to deferred compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

88

134

-79

Provision for doubtful accounts

1,606

1,053

1,679

1,110

1,055

940

1,287

1,169

995

-109

934

864

763

853

724

730

723

Amortization of debt issuance costs

556

614

327

321

311

336

328

326

317

-

-

-

-

-

-

-

-

Other, net

75

85

-84

504

-9

291

262

371

129

371

0

1,331

-84

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-5,087

1,033

8,264

715

-12,274

2,283

3,815

-1,726

-3,208

7,671

3,949

-12,709

6,095

-

-

-

-

Prepaid expenses

1,566

-1,066

-324

499

-1,847

-2,398

-2,110

-3,647

5,691

-230

-1,797

1,896

139

-

-

-

-

Other current assets

218

157

233

-9,339

-886

882

-875

-482

1,027

3,074

-4,950

10,286

183

-

-

-

-

Other assets

-458

-316

-33

-658

17,208

-180

12

29

-643

-118

68

-1,208

524

-

-

-

-

Accounts payable

5,133

6,237

-7,272

1,335

574

4,909

-856

-2,059

518

-223

1,569

902

-2,680

-

-

-

-

Accrued compensation

-7,682

2,150

3,998

-2,156

-4,075

5,932

-1,571

3,356

-5,148

1,505

754

3,605

-12,810

-

-

-

-

Other accrued liabilities

-1,661

-30,005

18,326

-3,786

14,087

-9,948

8,218

-3,751

13,839

-4,409

404

-107

10,133

-

-

-

-

Other noncurrent liabilities

-662

4,451

-1,478

1,257

15,442

-603

619

-274

-1,449

-5,825

-5,423

10,113

-1,038

-

-

-

-

Increase (decrease) in operating assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-888

10,188

22,588

Net cash provided by operating activities

28,892

20,934

29,795

12,366

38,389

42,467

50,457

43,963

26,661

38,733

50,464

53,016

43,716

58,717

68,128

46,450

25,858

Purchase of property and equipment

5,755

5,848

6,055

5,991

3,363

4,267

3,549

3,904

2,513

5,143

8,721

13,301

5,609

2,314

2,592

2,666

2,129

Payment for DI Acquisition, net

-

-

-

-

-

0

185

0

156,968

-

-

-

-

-

-

-

-

Other, net

0

0

0

-1

600

-11

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-5,755

-5,848

-6,055

-5,990

-3,963

-4,256

-3,734

-3,904

-159,481

-5,143

-8,721

-13,301

-5,609

-2,220

-117,524

-4,880

-2,129

Cash flows from financing activities:
Proceeds from revolving loan borrowings

165,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of long-term debt

-

-

-

-

-

0

5,000

25,000

165,000

-

-

-

-

-

-

-

-

Payments of long-term debt

13,438

18,437

13,438

15,625

10,625

10,625

25,625

5,625

40,625

-

-

-

-

-

-

-

-

Stock-based compensation plans, net

-904

-638

57

1,038

-743

-100

2

-142

617

-

-

-

-

-

-

-

-

Repurchases of common stock

0

0

0

20,000

20,000

20,509

26,681

50,000

0

-

-

-

-

-

-

-

-

Other

0

-

-

-

-181

-

-

-

-

-

-

-

-

-

-

-

-

Transactions with TEGNA, net

-

-

-

-

-

277

0

2,683

0

-170

0

24,148

45,052

52,321

-53,948

41,538

23,693

Net cash provided by (used in) financing activities

150,658

-21,310

-13,506

-25,177

-31,549

-30,557

-47,308

-33,166

123,758

-40,455

-50,915

-5,066

-45,052

-52,321

53,948

-41,538

-23,693

Net increase in cash and cash equivalents

173,795

-6,224

10,234

-18,801

2,877

7,654

-585

6,893

-9,062

-6,865

-9,172

34,649

-6,945

4,176

4,552

32

36

Supplemental non-cash information:
Purchases of property and equipment in other liabilities and accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31

-116

135

Supplemental cash flow information:
Cash paid for income taxes, net of refunds

124

1,572

115

15

38

-493

207

0

293

-

-

-

-

-

-

-

-

Cash paid for interest

6,956

7,241

7,497

7,503

7,413

7,308

6,985

6,935

5,552

-

-

-

-

-

-

-

-