Compass diversified holdings (CODI)
CashFlow / Quarterly
Mar'20Mar'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:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

4,880

110,158

-6,468

5,766

533

-1,621

49,131

8,356

-2,740

-21,135

1,976

50,223

19,358

-15,027

-1,536

166,018

26,575

-25,287

8,933

262,530

12,319

7,373

-5,062

78,296

1,956

3,626

-5,206

6,445

2,212

889

58,643

12,470

8,266

-6,567

Income from discontinued operations, net of income tax

0

1,427

-

-

-

-394

-

-

-

-

0

-455

1,341

-413

-2,098

-2,752

7,108

4,723

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax

0

121,659

93

0

1,165

0

0

0

0

340

174

2,134

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

4,880

-12,928

-7,459

-9,165

-1,026

-1,227

29,969

8,356

-2,740

-21,475

1,802

48,544

18,017

-14,614

1,839

17,695

19,467

-30,010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation expense

8,300

8,000

8,400

2,668

11,032

9,100

-2,105

8,744

7,715

8,046

7,372

7,993

5,820

5,668

5,434

4,997

5,251

5,549

4,336

801

4,871

4,636

-697

4,236

4,069

3,981

4,022

3,881

3,781

3,109

2,857

2,538

2,364

2,427

Asset Impairment Charges

-

-

-

-

-

-

0

0

0

8,864

16,000

0

0

0

-

-

258

8,907

-

0

0

0

-

-

-

-

-

-

-

-

20,069

0

0

7,700

Amortization expense

13,500

13,600

16,646

5,861

24,791

12,208

-4,482

17,333

23,472

23,349

26,061

15,494

8,577

8,620

7,278

9,518

7,226

7,822

9,885

195

7,678

7,349

-3,034

7,310

7,444

7,630

7,555

7,549

9,572

9,981

12,899

10,015

8,122

7,887

Amortization of debt issuance costs and original issue discount

525

1,079

1,080

1,079

971

1,353

1,286

1,261

1,261

1,199

1,202

888

737

738

729

729

712

713

713

713

835

864

877

823

821

845

1,748

845

845

731

658

542

542

459

Supplemental put reversal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-61,303

8,912

6,396

9,604

5,029

2,902

-1,540

5,688

1,200

1,667

3,228

Unrealized loss on interest rate swap

0

-1,099

-2,398

749

999

2,901

1,826

90

-1,497

229

6,783

1,661

-2,755

-7,228

2,382

-6,177

2,447

-4,314

-4,913

-2,536

-181

-92

-62

-549

96

385

-67

-515

-1,248

-345

-

-

-

-

Noncontrolling stockholder stock based compensation

2,055

1,728

738

808

2,825

2,340

-474

1,702

1,798

1,452

1,371

963

860

1,188

1,108

654

614

795

896

-86

1,604

1,365

298

1,055

1,011

1,301

986

918

1,541

791

2,060

995

363

852

Excess tax benefit from subsidiary stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

601

1,061

-

-

-

-

-

-

-

-

-

-

-

-

Loss on investment in FOX

-

-

-

-

-

-

-

0

0

-5,620

-

50,414

18,889

-10,623

-

11,784

11,181

-13,447

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loss on receivables

883

791

-38

383

-230

328

-334

983

9

3,318

389

-144

73

130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes

-2,692

-2,031

-2,231

3,219

402

-3,644

-21,937

-5,997

-4,306

-7,634

-5,389

1,645

-6,050

-74

19

-1,603

-1,654

-1,095

-6,664

-525

-2,341

-594

-2,361

-548

-716

-857

255

-1,826

-440

-49

-12,171

-3,761

-933

-993

Other

515

-256

-260

566

-363

228

-262

210

-386

-318

-1,095

-283

-308

266

234

239

-108

-390

-1,095

-42

-281

53

-55

-143

-117

71

413

-554

-15

-830

-1,457

949

379

-292

Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable

-6,695

801

-32,660

15,920

8,947

3,314

14,391

3,216

3,509

-5,710

6,799

17,543

-4,709

-4,037

-8,508

3,820

1,604

-10,159

-673

-12,757

8,453

15,652

-15,618

2,096

8,018

18,130

-20,761

1,338

19,686

1,874

-15,712

24,856

3,414

-5,041

Inventories

-11,773

6,624

-8,093

12,693

8,356

5,465

2,577

12,150

3,996

8,076

-2,453

-1,452

-461

1,473

-6,920

3,714

3,247

1,769

-4,570

-15,345

-2,007

7,063

2,682

877

13,833

2,010

-8,860

-3,860

21,316

5,107

-5,202

-11,136

10,628

654

Other current and non-current assets

999

1,370

-1,187

-3,477

3,619

4,644

-1,561

750

2,784

967

-2,769

-1,974

-406

299

148

-1,325

790

-418

-6,107

2,528

115

3,274

9

-2,999

3,480

187

-94

-1,767

2,812

629

-8,670

-2,499

3

3,302

Accounts payable and accrued expenses

-10,425

-10,145

-25,982

21,606

11,320

2,879

2,477

7,819

18,479

-20,909

23,852

3,696

13,596

-15,996

3,182

-2,533

12,528

-21,285

-1,566

-4,311

-3,049

-22

-12,968

1,053

7,004

17,987

-16,325

-1,848

21,117

1,392

-1,961

2,478

2,585

23,388

Payment of profit allocation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

211

27,350

0

-13,675

-

-

-

-

Cash provided by (used in) operating activities - continuing operations

33,986

-7,360

-

-

-

6,789

-

-

-

-

50,778

13,721

37,677

5,510

37,169

8,244

25,234

-1,645

16,099

8,829

17,360

-6,040

-18,567

31,640

2,273

20,126

-

-

-

-

-

-

-

-

Cash used in operating activities - discontinued operations

0

-1,576

-

-

-

-146

-

-

-

-

0

1,339

1,832

515

908

5,960

3,746

4,932

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash provided by (used in) operating activities

33,986

-8,936

55,680

23,460

28,669

6,643

22,535

23,368

37,282

-1,414

50,778

15,060

39,509

6,025

38,077

14,204

28,980

3,287

-

-

-

-

-

-

-

-

-

26,351

-165

-4,806

33,577

9,313

8,726

39,758

Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash Acquired

-

-

0

70,241

22,125

402,770

-6,036

5,762

152,259

6,721

7,533

395,212

97,877

35,553

31,476

99,333

-517

0

182,434

249,209

717

42,297

-

-

-

-

978

44

1,815

123,575

-

-

-

-

Purchases of property and equipment

6,603

5,426

6,308

5,912

16,650

12,128

7,481

11,394

10,868

8,693

8,441

5,037

6,296

4,195

4,292

4,290

3,422

3,657

3,035

-621

3,970

3,631

1,077

5,665

5,680

3,328

8,828

2,774

3,539

3,405

6,769

3,732

6,802

4,565

Purchase of noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-1

0

1

1,475

0

0

0

0

-

-

-

-

-

-

-

-

295

1,894

11,768

1,466

-

-

-

-

Net proceeds from sale of equity investment

-

-

-

-

-

-

-

0

0

136,147

-

63,000

0

47,685

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds released from escrow related to Staffmark sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,142

-66,142

-5,045

-

-

-

-

Payment of interest rate swap

0

94

339

358

380

706

914

935

1,026

1,089

1,189

1,320

1,294

500

505

507

500

495

506

506

501

495

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Divestiture of Businesses and Interests in Affiliates

0

124,210

94

0

0

0

0

0

0

340

0

11,067

0

182

-

-

-

-

-

-

-

-

-

-

-

93

-

-

-

-

-

-

-

-

Other investing activities

43

-1,802

125

53

24

-68

-608

479

248

-31

360

-317

-119

86

360

12

-143

-125

323

87

-22

-7

-

-

-

-

83

108

-814

-268

129

10

-88

-62

Cash (used in) provided by investing activities - continuing operations

-6,646

120,492

-

-

-

-415,536

-

-

-

-

54,263

-327,185

-105,349

6,058

104,608

140,127

-3,262

-4,027

-184,814

-183,136

-5,166

-46,416

-1,179

76,480

-1,129

-3,235

-

-

-

-

-

-

-

-

Cash provided by investing activities - discontinued operations

0

48,452

-

-

-

-92

-

-

-

-

0

9,490

-87

-211

-117,322

115,716

-827

-1,133

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash (used in) provided by investing activities

-6,646

168,944

-9,375

-139,990

-39,087

-415,628

-14,322

-18,570

-164,401

120,015

54,263

-317,695

-105,436

5,847

-12,714

255,843

-4,089

-5,160

-

-

-

-

-

-

-

-

-

-4,489

49,834

-123,133

186,898

-262,301

-6,714

-4,503

Cash flows from financing activities:
Proceeds from the issuance of Trust preferred shares, net

-

-

-

0

209

-96,713

-

160

-96,577

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings under credit facility

200,000

49,000

54,500

159,000

628,250

465,500

46,000

43,000

120,000

51,500

37,500

446,598

187,200

0

0

126,000

35,500

35,500

201,000

88,000

329,000

59,000

0

47,500

55,000

15,000

16,500

22,000

67,500

80,000

-

-

-

-

Repayments under credit facility

0

193,250

60,749

19,250

987,802

118,421

30,921

22,571

117,772

57,321

201,521

110,894

110,012

813

812

315,813

36,312

17,038

118,462

813

289,287

17,713

17,213

40,712

35,713

12,637

12,138

23,138

99,167

562

299,500

22,500

35,500

15,500

Redemption of CamelBak preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-48,022

-

-

-

-

Payments Of Distributions To Shareholders

21,564

21,564

21,564

21,564

21,564

21,564

21,564

21,564

21,564

21,564

19,548

19,548

19,548

19,548

19,548

19,548

19,548

19,548

17,388

17,388

17,388

17,388

17,388

17,388

17,388

17,388

17,388

17,388

17,388

17,388

17,387

16,821

16,821

15,887

Distributions paid - preferred shares

5,542

3,781

3,781

4,773

1,812

1,813

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions paid - Allocation Interests

-

-

-

-

-

-

-

-

-

-

0

0

18,377

5,253

0

0

0

0

-

-

-

-

15,991

0

0

3,090

-

-

-

-

-

-

-

-

Distributions paid - allocation interests

9,087

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds provided by noncontrolling shareholders

73

0

-

-

-

-

1

87

694

40

-586

5,718

0

3,755

8,721

5,728

500

0

0

2,275

594

1,156

-

-

-

-

228

0

7,205

4,628

-

-

-

-

Repurchase of subsidiary stock

-

-

-

-

-

6,392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions paid to allocation interest holders (refer to Note I)

-

-

-

-

-

-

-

0

25,834

13,354

-

8,196

8,633

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of noncontrolling interest

83

39

-

-20

6,392

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

0

27

14,722

138

1,466

0

19

1,414

-7

5,993

0

0

-

-

-

-

0

0

7,092

278

-

-

-

-

0

0

2,516

638

-

-

-

-

Excess tax benefit on stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

601

1,061

-

-

-

-

-

-

-

-

-

-

-

-

Other

588

-2,814

148

2,143

-215

-467

-43

121

-654

-783

-739

-447

-279

-282

608

-157

-192

-227

-1,862

-104

-35

0

-36

-34

-47

-22

-

-

-

-106

-53

-68

23

-284

Net cash provided by (used in) financing activities

164,385

-172,448

-31,177

115,930

1,940

413,418

-10,450

-670

51,428

-42,896

-91,681

307,238

15,310

-22,141

-28,907

-203,790

-20,347

-1,313

163,156

60,100

16,393

25,838

-50,628

24,634

9

-18,137

-26,458

-18,284

-55,402

17,912

-98,669

254,311

-9,891

-31,671

Foreign currency impact on cash

-1,026

-1,049

2,042

-700

-391

2,007

635

-1,928

-303

-196

23

626

-790

-3,033

688

-2,911

385

-67

-403

-703

140

11

189

561

195

-495

162

394

-613

20

-

-

-

-

Net increase (decrease) in cash and cash equivalents

190,699

-13,489

17,170

-1,300

-8,869

6,440

-1,602

2,200

-75,994

75,509

13,383

5,229

-51,407

-13,302

-2,856

63,346

4,929

-3,253

434

-92,080

28,727

-26,607

-37,934

133,315

1,348

-1,741

-1,748

3,972

-6,346

-110,007

121,806

1,323

-7,879

3,584

Cash related to discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15