CORELOGIC, INC. CLGX Cash Flow

Corelogic, inc. (CLGX)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash flows from operating activities:
Net income
49,380	121,864	152,162	106,550	128,996	74,467	107,675	111,648	-73,629	-18,630	254,277	16,842
Less: Income/(loss) from discontinued operations, net of tax
-17,500	-600	2,300	-1,466	-556	-16,653	14,423	12,387	-95,712	-83,536	150,658	17,115
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax
0	0	313	-1,930	0	112	-7,008	3,841	0	-18,985	0	0
Net income from continuing operations
66,850	122,451	149,534	109,946	129,552	91,008	100,260	95,420	22,083	83,891	103,619	33,957
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:
Asset Impairment Charges
47,912	7,721	0	-	-	-	44,433	19,880	-	-	-	19,734
Depreciation and amortization
187,716	191,996	177,806	172,578	150,377	143,364	126,332	117,108	108,063	94,881	114,374	136,646
Amortization of debt issuance costs
5,100	5,400	5,700	5,785	6,259	7,068	-	-	-	-	-	-
Amortization of operating lease assets
15,401	0	0	-	-	-	-	-	-	-	-	-
Provision for bad debt and claim losses
15,534	13,467	16,725	18,869	8,260	11,825	13,345	20,027	17,084	23,096	39,472	31,836
Share-based compensation
36,292	37,196	35,867	39,849	35,786	25,379	26,901	20,752	11,209	13,969	25,637	16,039
Tax benefit related to stock options
-	-	-	2,315	6,513	6,791	5,146	-935	-344	-3,423	-	-
Equity in (earnings)/losses of affiliates, net of taxes
555	1,493	-1,186	496	13,720	14,120	27,361	35,983	30,515	41,641	48,847	23,640
Gain on sale of property and equipment
3	32	246	31	-24	13,866	0	-951	8,061	0	0	-
Loss on early extinguishment of debt
1,892	0	1,775	-26,624	-1,589	-763	0	-326	-10,190	0	0	-
Deferred income tax
2,675	26,940	-40,769	18,213	35,110	20,986	8,120	34,476	-7,401	-6,149	49,376	2,548
Gain (Loss) on Investments
-	-	-	19,779	0	-360	-	-	-	-	-5,933	-6,298
Equity Method Investment, Other than Temporary Impairment
1,500	0	3,800	-23,431	-	-	-	-	-	-	-	-
Tax indemnification release
-13,394	0	0	-23,350	0	0	-	-	-	-	-	-
Loss/(gain) on investments and other, net
-2,903	-18,005	2,316	-	33,831	4,242	12,032	4,996	60,750	-10,885	-	-
Change in operating assets and liabilities, net of acquisitions:
Accounts receivable
37,051	-21,093	-15,522	24,391	15,400	-13,151	-24,553	35,032	8,242	10,011	-32,711	-51,640
Prepaid expenses and other current assets
7,269	1,158	-4,942	-2,823	-7,104	-1,231	-113	-3,017	17,669	-5,413	-11,029	4,078
Accounts payable and other accrued expenses
296	-17,957	-44,629	-29,267	-45,289	-5,000	-9,330	61,073	-31,143	95	-605	11,685
Contract liabilities
49,947	-15,983	36,577	53,682	68,410	16,010	48,125	10,830	-18,782	-22,543	-14,569	-19,303
Due from FAFC
-	-	-	-	-	-	-	-	-	13,278	-36,704	-
Due to FAFC
-	-	-	-	-	-	-	-	-	-	-	-36,810
Income taxes
22,209	-1,142	-43	28,740	-32,771	-11,380	-27,543	-15,707	80,183	-55,766	-88,785	-60,542
Dividends received from investments in affiliates
1,987	775	1,198	9,044	30,084	38,655	36,680	70,666	42,929	64,603	89,528	67,882
Other assets and other liabilities
31,889	16,185	-14,987	42,666	-11,118	-21,192	19,230	25,222	-34,909	6,433	31,516	-8,627
Net cash provided by operating activities - continuing operations
389,023	355,118	382,209	413,989	336,149	335,593	328,220	336,651	143,743	164,145	250,653	130,141
Net cash provided by operating activities - discontinued operations
-24,807	-5	3,655	-444	-7,612	-13,717	25,600	26,494	19,253	42,049	308,266	167,951
Total cash provided by operating activities
364,216	355,113	385,864	413,545	328,537	321,876	353,820	363,145	162,996	206,194	558,919	298,092
Cash flows from investing activities:
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests
-	-	-	-	-	0	-	-	-	-	-	-
Purchases of subsidiary shares from and other decreases in noncontrolling interests
-	-	-	18,023	0	-	-	-	-	-	62,011	24,557
Purchases of property and equipment
91,572	62,304	40,508	45,211	44,149	52,025	68,745	51,545	41,153	52,610	31,887	-
Purchases of capitalized data and other intangible assets
40,019	35,075	34,990	35,507	36,409	35,129	37,841	32,189	27,009	24,814	25,506	-
Cash paid for acquisitions, net of cash acquired
13,283	219,588	188,854	396,941	194,491	694,871	92,049	78,354	214,215	9,228	-	-
Capital expenditures
-	-	-	-	-	-	-	-	-	-	-	-43,100
Cash received from sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	0	0
Purchases of investments
658	0	5,900	3,366	3,748	0	2,351	0	26,398	27,284	10,008	6,791
Cash received from sale of business-lines
4,109	3,178	0	0	-	25,366	2,263	10,000	28,054	265,000	-	-
Proceeds from sale of marketable securities
-	-	-	21,819	0	0	-	-	-	-	-	-
Proceeds from maturities of debt securities
-	-	-	-	-	-	-	-	-	371	12,623	0
Sale of subsidiary shares to and other increases in noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-12,347	-23,435
Proceeds from sale of property and equipment
3	207	335	31	137	13,937	0	1,863	25,042	0	0	-
Proceeds from investments and other
5,591	4,716	1,000	2,451	0	0	-	8,000	74,621	26,386	4,488	0
Purchases of capitalized data
-	-	-	-	-	-	-	-	-	-	-	-34,810
Issuance of notes receivable, net
-	-	-	-	-	-	-	-	-	12,754	0	0
Change in restricted cash
-	-	-	-	-1,434	310	-10,068	-86	-2,091	21,095	0	0
Net cash used in investing activities - continuing operations
-135,829	-308,866	-268,917	-474,747	-277,226	-743,032	-188,655	-142,139	-178,967	143,972	-109,954	-86,717
Net cash provided by investing activities - discontinued operations
0	0	0	0	0	1,536	1,862	-5,203	-8,706	-82,729	-4,124	-858,055
Total cash used in investing activities
-135,829	-308,866	-268,917	-474,747	-277,226	-741,496	-186,793	-147,342	-187,673	61,243	-114,078	-944,772
Cash flows from financing activities:
Cash acquired through acquisition
-	-	-	-	-	-	-	-	-	-	-	0
Purchases of redeemable noncontrolling interests
-	-	-	-	-	-	-	-	72,000	385,847	0	0
Proceeds from long-term debt
1,770,000	191,291	1,995,000	962,000	114,375	690,017	51,647	50,000	858,154	843,524	50,782	294,676
Debt issuance costs
9,621	0	14,294	6,314	6,452	14,042	10,436	0	22,810	14,776	0	-
Payment for Debt Extinguishment or Debt Prepayment Cost
425	0	0	16,271	0	0	-	-	-	-	-	-
Repayment of long-term debt
1,883,955	173,236	1,842,290	709,983	82,891	200,006	4,666	166,715	733,407	713,643	102,188	318,916
Proceeds from issuance of shares in connection with share-based compensation
10,149	21,140	9,595	14,907	22,569	15,213	28,232	13,497	3,087	11,674	12,601	20,753
Payment of tax withholdings related to net share settlements
10,026	12,858	14,043	10,507	15,230	15,980	8,665	-3,466	-2,023	-4,677	-	-
Shares repurchased and retired
86,675	109,063	207,416	195,003	97,430	91,475	241,161	226,629	176,512	30,171	0	0
Distribution to noncontrolling interests
-	-	-	-	-	-	-	10	4,835	27,800	31,525	-24,658
Dividends paid
-	-	-	-	-	-	-	-	-	22,657	82,054	81,291
Contingent consideration payments subsequent to acquisitions
600	0	0	-	-	-	-	-	-	-	-	-
Tax benefit related to stock options
-	-	-	2,315	6,513	6,791	5,146	935	344	3,423	768	1,315
Net cash used in financing activities - continuing operations
-211,165	-82,726	-73,448	41,144	-58,546	390,518	-179,903	-332,388	-150,002	-340,950	-151,616	-108,121
Net cash provided by financing activities - discontinued operations
0	0	0	0	0	0	0	-79	64	29,087	-198,276	527,595
Total cash used in financing activities
-211,165	-82,726	-73,448	41,144	-58,546	390,518	-179,903	-332,467	-149,938	-311,863	-349,892	419,474
Effect of exchange rate on cash, cash equivalents, and restricted cash
230	2,575	-1,325	2	2,182	-625	-2,116	-153	65	-	-	-
Net change in cash, cash equivalents, and restricted cash
17,452	-33,904	42,174	-20,056	-5,053	-29,727	-14,992	-116,817	-174,550	-44,426	94,949	-227,206
Less: Change in cash, cash equivalents, and restricted cash - discontinued operations
24,807	5	-3,655	444	7,612	12,181	-27,462	-21,212	-10,611	-11,593	81,451	182,818
Plus: Cash swept from discontinued operations
-24,807	-5	3,655	-444	-8,146	-12,196	27,305	29,481	25,489	-474	-	-
Supplemental disclosures of cash flow information:
Cash paid for interest
71,436	68,539	53,455	58,566	64,679	59,376	46,432	51,828	57,851	37,631	38,124	44,792
Cash paid for income taxes
15,682	26,780	71,697	31,382	47,783	5,436	71,055	71,283	36,480	58,008	127,407	86,341
Cash refunds from income taxes
17,145	3,663	9,413	537	3,737	27,545	14,096	18,330	50,157	32,497	47,937	-
Distribution Of Subsidiary
-	-	-	-	-	-	-	2,287	-	1,678,270	0	0
Non-cash investing activities:
Capital expenditures included in accounts payable and other accrued expenses
10,952	14,742	5,524	23,108	5,909	4,492	2,339	-	-	-	-	-
Adjustment of carrying value of mandatorily redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-3,800	11,273	-125,883	0
Company acquisitions in exchange for common stock
-	-	-	-	-	-	-	-	-	-	311,264	3,588
Tax impact of buy-in of noncontrolling interest
-	-	-	-	-	-	-	-	-	120,803	0	-
Notes Issued
-	-	-	-	-	-	-	-	12,700	0	-	-
Promissory Note due to First American Financial Corporation
-	-	-	-	-	-	-	-	-	19,900	0	0
Note payable issued for the acquisition of affiliates
-	-	-	-	-	-	-	-	-	-	0	-