Wisdomtree investments, inc. (DGRE)
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:
Net (loss)/income

-27,887

-10,425

3,891

21,788

36,033

36,633

48,435

34,362

29,743

27,199

29,438

29,417

20,963

26,155

44,208

59,541

80,062

80,052

69,144

56,479

42,909

61,051

67,905

72,247

73,887

51,537

40,314

29,882

17,769

11,030

6,666

3,492

4,052

3,092

0

0

0

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

49,810

30,710

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advisory fees received in gold and other precious metals

52,358

49,887

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

1,129

-349

-3,449

-2,585

-2,899

-6,083

3,764

1,893

2,400

8,838

1,962

3,300

9,983

12,900

27,206

43,290

53,629

53,018

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contractual gold payments

13,888

13,226

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

11,757

11,590

11,758

12,624

13,018

13,255

14,237

14,604

14,605

14,717

14,358

14,573

14,810

14,892

14,114

13,218

12,059

10,900

9,893

9,044

8,466

8,137

7,395

7,099

6,760

6,459

6,720

6,809

7,036

7,437

7,617

7,550

7,137

7,141

0

0

0

Gain on sale – Canadian ETF business

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss)/gain on revaluation of deferred consideration

-17,905

-11,293

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of right of use asset

3,174

3,174

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of credit facility issuance costs

2,900

2,888

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Paid-in-kind interest income

1,903

2,498

2,457

2,357

2,153

1,974

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense/(benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

1,032

1,045

1,095

1,142

1,215

1,301

1,351

1,398

1,413

1,395

1,369

1,348

1,326

1,305

1,288

1,209

1,102

1,006

917

871

849

821

790

667

549

439

331

326

318

307

292

281

273

267

0

0

0

Realized losses on debt securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

207

173

342

31

-140

-798

-1,207

-1,454

-1,638

-921

-494

-172

275

278

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74

-216

-881

-1,572

-2,215

-2,061

-1,383

-706

-77

138

137

140

145

148

153

154

0

0

0

Accretion to interest income and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-13

-42

72

68

57

34

-116

-213

-208

-213

-194

-145

-169

-131

-135

0

0

0

Changes in operating assets and liabilities:
Securities owned, at fair value

13,842

8,446

-1,050

5,376

5,834

7,182

4,016

3,311

321

135

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-7,770

19

-2,391

-2,766

-1,259

-3,804

-2,208

-1,010

1,373

3,532

2,398

1,454

-1,170

-9,778

-8,139

-10,558

-4,090

9,321

9,671

13,233

6,501

369

-712

-638

3,494

5,020

3,647

4,855

3,969

3,723

3,647

1,873

1,939

800

0

0

0

Income taxes payable

3,096

4,524

2,402

-2,447

805

5,706

-2,929

-5,319

-7,091

-11,211

-1,201

5,998

4,743

1,687

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

297

-738

-160

-350

-1,206

-427

464

468

691

204

-290

112

-368

719

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gold and other precious metals

-37,749

-35,886

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-129

-172

541

543

-1,006

-984

-577

-424

312

408

337

287

429

307

-1,096

-1,607

250

795

724

692

20

-357

670

1,048

305

579

198

-73

117

-337

625

583

582

950

0

0

0

Acquisition payable

-

-

-

-

-

-

-

-

-

-3,547

-3,711

-7,221

-4,667

-384

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fund management and administration payable

-4,213

-476

-2,143

1,832

6,239

221

7,640

6,552

4,859

6,203

9,783

8,667

9,435

9,636

2,176

-1

139

2,978

2,350

3,247

837

-445

-1,806

-750

2,239

3,470

0

0

0

-

-

5,069

5,512

4,321

0

0

0

Compensation and benefits payable

-5,553

7,885

6,451

1,182

-3,297

-16,050

-8,014

-4,086

895

13,126

5,970

3,434

112

-13,089

-13,060

-14,485

-6,457

13,286

14,726

16,991

8,057

-186

-2,623

-2,841

192

12,122

6,156

4,426

1,376

-2,012

248

225

141

530

0

0

0

Securities sold, but not yet purchased, at fair value

-868

-1,116

-1,450

-1,484

1,338

748

2,018

2,000

-27

-299

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

3,632

3,587

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other liabilities

-356

677

659

-1,725

-3,531

-4,251

-2,809

-1,002

2,997

2,354

-8,329

-9,023

-8,573

-8,034

822

1,044

-69

-24

689

478

-132

-391

-187

-247

1,862

874

135

-2,955

-1,256

915

805

4,383

1,277

110

0

0

0

Net cash (used in)/provided by operating activities

36,346

46,832

50,349

43,813

50,156

37,468

47,629

40,239

41,225

48,508

42,045

43,198

50,581

54,911

88,908

118,575

144,951

155,111

136,128

115,502

90,133

82,630

79,059

73,575

69,314

70,124

51,423

31,913

18,798

11,234

11,789

18,565

15,849

13,692

0

0

0

Cash flows from investing activities:
Purchase of fixed assets

90

47

51

52

61

71

87

109

119

295

669

691

927

1,070

1,664

2,851

2,932

2,616

1,920

1,517

1,387

4,894

9,673

9,829

9,728

6,211

1,126

188

144

190

206

178

158

108

0

0

0

Purchase of investments (Note 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

1,623

1,891

2,437

3,597

7,264

7,706

7,769

10,004

8,379

10,462

9,169

8,114

0

0

0

Proceeds from held-to-maturity securities maturing or called prior to maturity

9,256

3,244

2,324

83

1,093

1,107

3,128

3,155

4,175

4,194

5,325

13,819

15,680

16,742

16,662

8,602

5,069

4,764

1,752

1,323

1,686

939

956

1,064

1,209

2,781

4,872

5,919

6,983

7,836

8,083

8,712

7,881

7,542

0

0

0

Proceeds from sale of Canadian ETF business, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of securities held-to-maturity

-

-

-

-

-

-

-

-

-

3,009

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of debt securities available-for-sale

-

-

-

-

-

-

-

-

-

99,848

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales and maturities of debt securities available-for-sale

-

-

-

-

-

64,498

90,526

109,528

130,593

91,095

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for acquisition, net of cash acquired (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

1,738

-7,005

483

-10,650

-242,281

-181,779

-200,976

-213,174

24,733

-37,021

-102,133

-78,365

-79,465

-89,265

-5,982

-12,085

-15,699

-12,319

-13,362

-10,631

-9,872

-5,831

-8,991

-9,307

-10,956

-7,027

-3,518

-1,975

-930

-2,358

-502

-1,928

-1,446

-680

0

0

0

Cash flows from financing activities:
Net proceeds from sale of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,329

0

0

0

-

-

-

-

Dividends paid

20,424

20,385

20,320

20,260

20,201

19,236

25,154

31,072

36,979

43,777

43,737

43,699

43,677

43,660

78,421

78,579

78,654

78,540

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares repurchased

1,831

2,341

3,642

3,986

4,156

2,885

5,143

5,204

4,997

7,891

4,441

7,418

7,452

39,379

39,543

44,506

45,601

24,116

23,961

16,369

15,175

6,531

6,459

6,790

6,790

1,613

2,505

1,477

1,515

2,261

1,192

1,363

1,549

2,153

0

0

0

Proceeds from exercise of stock options

386

160

104

66

151

191

636

629

581

532

141

133

125

195

156

1,331

2,470

4,520

5,674

4,721

3,593

1,544

578

629

915

1,586

2,111

2,972

3,806

4,672

0

0

0

-

-

-

-

Net cash used in financing activities

-47,869

-43,566

-38,858

-24,180

166,923

169,199

161,468

155,482

-41,395

-51,136

-48,037

-50,984

-51,004

-82,844

-117,808

-121,754

-121,785

-98,136

-61,939

-44,227

-33,166

-15,772

-5,881

-6,161

-5,875

-27

-394

1,495

2,291

6,740

7,264

6,277

4,931

-1,615

0

0

0

(Decrease)/increase in cash flow due to changes in foreign exchange rate

-728

927

-524

-116

-1,507

-1,297

-1,217

-417

1,451

1,120

214

-149

-236

-150

1,022

906

593

130

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease)/increase in cash and cash equivalents

-10,513

-2,812

11,450

8,867

-26,709

23,591

6,904

-17,870

26,014

-38,529

-107,911

-86,300

-80,124

-117,348

-33,860

-14,358

8,060

44,786

60,705

60,425

46,921

60,968

64,173

58,114

52,483

63,070

47,511

31,433

20,159

15,616

18,551

22,914

19,334

11,397

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for taxes

10,500

10,060

11,078

15,960

14,766

14,398

19,742

26,246

32,205

33,113

30,456

20,950

12,643

14,990

7,375

4,654

4,506

1,262

551

401

402

66

71

25

18

38

37

51

64

33

30

18

9

13

0

0

0

Cash paid for interest

8,125

8,037

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cashless exercise of stock options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

391

0

0

0