Cross country healthcare, inc (CCRN)
CashFlow / TTM
Mar'20Dec'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
Consolidated net loss

-56,335

-55,943

-74,686

-72,107

-19,013

-15,717

31,882

39,044

42,440

38,802

2,897

10,142

-12,173

8,731

10,453

1,315

21,090

4,954

-9,205

-21,840

-27,702

-31,534

-64,032

-55,634

-53,909

-51,969

-8,918

-27,432

-40,479

-42,221

-32,156

-12,770

3,306

4,097

0

0

0

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization

14,387

14,075

12,464

12,449

11,855

11,780

11,613

11,570

10,892

10,174

9,538

8,781

8,961

9,182

9,186

9,029

8,536

8,066

7,914

7,995

7,624

7,441

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,146

4,476

4,995

5,566

5,969

6,297

6,542

6,790

0

0

0

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,626

2,877

3,130

3,382

3,258

3,288

3,346

3,493

0

0

0

Amortization of debt discount and debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,852

1,890

1,886

1,885

1,891

1,473

1,064

647

224

229

233

0

0

0

-

-

-

-

-

-

-

-

Provision for allowances

3,154

3,243

4,870

5,565

6,273

5,974

5,292

5,141

4,338

4,705

3,835

3,715

4,274

4,034

3,499

3,391

2,486

1,779

1,845

1,194

675

1,016

1,030

988

1,088

1,083

997

1,038

1,187

871

991

881

451

578

0

0

0

Deferred income tax expense (benefit)

34,336

31,159

25,000

26,147

-7,381

-3,410

-32,375

-33,144

-33,584

-33,812

2,176

2,166

-5,196

-5,322

-6,046

-9,244

-1,911

-1,544

-4,881

-1,003

-700

-857

46,342

44,953

44,276

45,900

-2,062

-9,872

-15,752

-18,520

-10,562

-2,542

2,747

3,052

0

0

0

Non-cash lease expense

4,926

4,989

3,799

2,524

1,254

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on derivative liability

-

-

-

-

-

-

-

-

-

-

-12,584

-5,479

-9,050

5,805

10,454

455

4,388

-9,901

-9,748

-14,162

-14,524

-16,671

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition-related contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

470

287

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on early extinguishment of debt

0

-

-

-

0

-

-

-

0

-4,969

-4,969

-4,969

-6,537

-1,568

0

0

0

-

-

-

-

-

-

-

-

-1,419

0

0

0

-

-

-

-

-

-

-

-

Equity compensation

3,792

3,396

3,728

3,727

3,637

3,575

3,361

3,448

3,812

4,080

3,848

3,627

3,468

3,379

3,301

3,011

2,732

2,460

2,202

2,061

1,311

1,387

1,423

1,458

1,953

2,100

2,249

2,409

2,555

2,594

2,625

2,788

2,889

2,895

0

0

0

Other non-cash costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-114

-111

-111

-109

-12

502

131

-341

-822

-640

-509

-276

-22

0

0

0

Loss on sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,969

0

0

0

-

-

-

-

-

-

-

-

Other non-cash costs

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

13,196

6,642

6,691

-7,663

-622

-2,820

-9,116

-2,733

-11,489

-9,708

23,873

15,007

22,464

30,781

18,352

20,565

18,102

28,708

18,845

15,055

12,328

16,119

14,487

6,840

4,429

-2,036

-6,061

2,327

7,563

4,256

2,864

4,882

6,148

7,973

0

0

0

Prepaid expenses and other assets

833

1,574

-114

1,542

3,514

2,514

440

-538

-1,603

-1,816

-265

2,168

2,041

1,882

152

-1,770

-1,960

-2,663

-2,883

-2,768

-2,525

-1,371

641

1,459

-3,232

1,848

1,936

1,294

6,544

444

-2,991

-2,341

-2,466

-1,878

0

0

0

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,406

2,365

2,384

58

-2,242

-1,287

-1,618

-138

-45

1,314

1,179

1,748

-2,036

-1,633

3,913

4,310

0

0

0

Accounts payable and accrued expenses

6,917

-1,308

2,377

5,504

1,532

-7,095

-5,695

-5,756

1,026

-9,275

9,481

16,928

10,351

20,370

9,022

5,016

2,325

11,213

10,237

2,024

6,284

5,654

3,260

3,266

-4,386

-320

1,496

5,073

10,725

4,128

-4,230

-4,371

-2,831

-1,327

0

0

0

Operating lease liabilities

-5,888

-5,820

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

442

1,170

1,518

-97

61

-597

-215

-376

593

847

-167

2,043

1,532

-143

337

-983

-593

1,261

-1,558

860

-655

-338

1,960

88

1,455

1,540

1,800

1,070

1,314

1,656

1,515

1,168

447

-438

0

0

0

Net cash provided by operating activities

9,917

5,542

10,133

28,200

20,511

20,997

38,560

37,922

57,371

45,508

26,581

42,803

28,991

30,145

31,638

25,105

20,529

18,235

17,850

7,456

5,432

-4,072

-5,956

-1,270

940

8,659

15,999

10,741

7,230

10,146

9,372

10,723

18,324

18,296

0

0

0

Cash flows from investing activities
Proceeds from sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,655

0

0

0

-

-

-

-

-

-

-

-

Payments to Acquire Businesses, Net of Cash Acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition-related settlements

-136

0

2

235

263

151

202

318

316

292

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

2,793

2,940

3,234

3,872

4,703

4,597

4,473

4,014

5,024

5,111

5,541

7,292

6,630

6,522

5,596

3,945

2,762

2,362

2,583

2,755

2,565

4,571

4,852

4,172

4,106

1,750

775

951

1,989

2,219

3,120

3,503

3,623

3,998

0

0

0

Other investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

258

255

251

243

197

0

0

0

Net cash used in investing activities

-2,657

-2,940

-5,166

-6,037

-6,896

-6,678

-4,675

-90,309

-91,317

-91,380

-93,657

-8,692

-10,165

-9,780

-35,701

-27,511

-24,193

-24,070

4,736

1,723

-43,446

-45,452

-74,762

-78,473

-33,215

15,205

47,529

47,494

46,558

175

-3,376

-3,755

-3,867

-4,196

0

0

0

Cash flows from financing activities
Principal payments on Term Loan

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Term Loan

-

-

-

-

-

-

-

-

-

-

-

-

-

40,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Long-term Debt

-

-

-

-

-

16,124

8,750

2,500

1,750

1,500

1,500

-63,247

-27,727

30,500

0

0

0

-

-

-

-

-

-

-

-

23,125

24,062

53,434

62,992

43,326

0

0

0

-

-

-

-

Convertible Note cash payment

-

-

-

-

-

-

-

-

-

5,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106

105

107

122

175

251

347

530

653

702

529

353

0

0

0

-

-

0

0

Borrowings on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,900

22,300

7,200

1,200

2,500

0

0

0

Repayments on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

0

0

0

-

-

-

-

-

-

-

-

Debt issuance costs

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

506

615

1,839

1,839

1,377

0

0

0

-

-

-

-

Payment for Debt Extinguishment or Debt Prepayment Cost

-

-

-

-

-

-

-

-

-

578

578

578

1,219

641

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings under revolving credit facility

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

46,900

64,600

61,905

61,205

67,305

45,105

34,800

63,444

0

0

0

-

-

-

-

-

-

-

-

Repayments on revolving credit facility

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

51,401

73,205

74,705

66,105

62,804

33,500

15,500

55,044

0

0

0

-

-

-

-

-

-

-

-

Cash payments to noncontrolling shareholder

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash payments to noncontrolling shareholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

494

472

366

249

119

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for shares withheld for taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

543

543

481

310

245

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock repurchase and retirement

-

-

-

-

-

5,000

5,000

4,700

2,885

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

374

0

0

0

-

-

-

-

Other

-935

-1,066

-2,213

-1,953

-987

-1,141

-1,539

-1,636

-2,057

-2,048

-2,898

-2,705

-2,443

-1,841

-1,401

-1,022

-511

-108

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-12,903

-17,599

-23,589

-29,879

-27,913

-23,767

-16,506

51,046

53,190

50,756

51,123

-10,428

-7,317

-2,164

6,215

4,028

-1,853

3,355

-5,662

-9,745

38,379

46,459

55,967

63,159

18,653

-26,061

-35,632

-38,476

-41,713

-10,583

-15,489

-16,553

-15,345

-14,236

0

0

0

Effect of exchange rate changes on cash

-44

10

15

-13

-37

-70

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cash and cash equivalents

-5,687

-14,987

-18,607

-7,729

-14,335

-9,518

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

-

-

11

24

16

-24

-29

-72

-72

-62

-72

-48

-58

5

30

-38

-125

-211

-275

-51

-116

77

20

-216

-23

-172

0

0

0

Change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-15,942

23,707

11,525

18,177

2,123

1,550

-5,589

-2,542

16,852

-614

307

-3,060

-24,721

-16,622

-13,747

-2,408

27,621

19,708

11,959

-185

-9,472

-9,801

-911

-308

0

0

0