Dine Brands Global, Inc. DIN Cash Flow

Dine brands global, inc. (DIN)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
22,328	27,396	23,917	21,390	31,643	26,981	23,587	12,713	17,073	69,900	-450,352	22,107	15,595	24,357	24,273	26,829	25,543	25,357	24,257	26,897	28,412	-22,425	18,887	19,167	20,824	18,131	18,730	16,937	18,239	18,819	60,573	16,938	31,344	28,620	16,525	348	29,699
Adjustments to reconcile net income to cash flows provided by operating activities:
Depreciation and amortization
10,600	11,000	10,700	10,600	10,200	8,500	7,900	7,860	7,940	7,547	7,631	7,716	7,706	7,676	7,370	7,480	8,074	8,706	8,279	8,040	7,815	8,508	8,739	8,715	8,783	8,839	8,880	8,800	8,836	8,782	9,800	10,493	10,463	11,621	12,260	13,049	13,290
Non-cash stock-based compensation expense
4,038	2,588	2,326	1,787	4,107	2,530	2,375	2,273	3,368	1,926	1,259	1,402	6,165	2,711	2,568	2,455	3,192	2,580	1,719	2,161	2,432	1,887	1,924	2,365	3,143	2,283	1,239	2,653	3,189	2,643	2,226	2,784	3,789	2,579	1,850	3,200	1,863
Non-cash interest expense
655	647	639	965	1,118	1,103	945	880	864	855	846	836	827	818	809	800	791	782	773	764	755	749	1,706	1,673	1,642	1,611	1,581	1,551	1,503	1,438	1,502	1,516	1,529	1,578	1,594	1,571	1,417
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-637	-2,306	0	-2,611	-3,274	0	-939	-6,946
Closure and impairment (credit) charges
-12	845	157	289	194	1,977	175	-2,708	2,594	162	762	2,701	209	1,160	212	814	435	346	-72	475	1,827	2,658	192	637	200	-	-	-	-	2,940	420	126	445	-18,281	189	21,823	4,717
Deferred income taxes
-10,491	-2,610	296	-2,037	-1,149	-7,094	-1,100	-2,424	-1,182	-60,251	-68,216	-4,919	-2,714	2,138	-2,956	-7,196	-4,700	-1,475	100	-5,910	-6,702	-2,440	-5,900	-6,016	-10,031	-6,667	-672	-7,082	-8,253	-2,471	-4,392	-6,343	-9,626	9,969	4,458	1,311	-3,903
Deferred revenue
-1,417	-	-	-	-1,877	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-21	-16	-1,368	2,537	12	162	-8	4,696	308	430	54	3,524	689	58	715	2,228	480	1,681	653	4,000	409	64	900	5,121
Excess tax benefit from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	53	101	3	862	217	5	46	4,526	393	180	0	4,455	873	418	601	966	912	1,937	399	2,421	-270	26	821	4,866
(Gain) loss on disposition of assets
227	1,519	-746	-332	-109	-912	58	56	1,421	-137	70	6,243	109	-130	-113	48	-614	-1,393	2,351	-66	9	263	205	130	-927	-103	72	-64	318	12,955	73,650	-741	16,733	21,966	-1,176	-1,291	23,754
Debt modification costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-1	1,282	-	-	-	-	-	-	-	-
Other
-1,293	-790	3,094	-5,579	-2,099	1,139	6,350	-2,239	-6,199	-3,297	-2,820	-1,931	-2,932	-7,130	40	-632	1,048	7,626	231	-1,503	-31	1,160	480	1,308	396	1,189	375	734	-1,806	7,223	2,662	-1,247	353	1,548	333	245	-361
Changes in operating assets and liabilities:
Accounts receivable, net
-12,077	4,629	-6,209	-1,234	3,210	-10,371	-3,702	2,120	8,804	7,045	691	-124	818	492	-3,432	-764	-116	5,144	-11,154	8,507	2,742	241	2,136	-4,818	9,767	33,279	-7,028	12,546	-47,216	53,051	-2,824	-3,053	-35,545	42,082	977	-1,701	-24,636
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	675	378
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,820	1,500	-5,567
Current income tax receivables and payables
6,443	1,576	-2,341	10,841	-1,399	4,031	1,312	-2,753	5,529	-6,791	-1,217	-7,658	7,176	229	-6,429	-11,627	16,918	-3,630	142	-13,104	18,665	-31,692	3,971	-2,016	18,020	-1,089	-1,484	-7,812	16,528	-11,240	5,098	-16,310	23,724	-1,040	-533	-10,142	32,194
Gift card receivables and payables
11,693	14,831	-8,424	-6,554	-890	21,309	-12,463	-8,065	-2,269	23,065	-12,266	-6,266	-7,855	26,067	-12,044	-5,491	-12,820	33,551	-8,560	-8,879	5,623	17,908	-10,188	-7,147	2,982	74,012	-8,557	-5,604	-54,332	77,576	-7,151	-889	-54,801	78,889	-7,723	-2,185	-46,998
Other current assets
2,347	-3,021	-88	1,037	2,570	-1,171	-3,403	-142	-5,709	6,911	-879	1,479	736	-668	-600	904	520	-1,309	1,005	661	1,638	-2,462	581	857	751	7,739	422	202	-16,678	16,533	-9,797	2,556	-173	-	-	-	-
Accounts payable
-12,748	224	-8,636	7,169	1,826	-4,176	-9,580	3,751	65	14,738	623	-9,898	1,745	1,486	-9,941	13,613	-5,069	2,399	-3,877	4,990	1,034	-4,070	-3,255	928	9,175	-11,997	-5,439	6,430	1,659	-302	2,011	-1,591	1,660	459	4,050	-9,400	1,358
Accrued employee compensation and benefits
-12,190	2,494	3,803	2,269	-12,141	7,422	7,172	2,037	-3,448	20	3,597	-2,581	-2,162	-1,183	1,656	-4	-10,945	4,321	5,875	4,020	-14,810	8,441	2,878	4,305	-14,857	6,893	3,240	3,870	-11,482	2,734	594	1,510	-8,594	2,443	1,856	1,294	-12,249
Other current liabilities
2,495	-4,372	10,271	-11,443	5,088	5,081	5,268	-9	-3,351	657	-1,493	7,440	-2,554	-2,515	-1,439	-9,065	13,142	-756	-14,321	-1,729	10,496	-11,507	12,590	-22,036	23,877	-26,023	24,053	-22,235	27,413	-26,549	22,670	-19,310	21,938	-21,978	14,220	-24,747	15,455
Accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	406	-35	-11	-10,229	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows provided by operating activities
29,645	49,581	36,270	40,400	28,929	78,720	35,834	9,324	16,468	34,733	10,106	1,351	19,543	56,052	8,147	16,417	37,494	64,920	22,466	6,993	41,130	16,097	46,435	3,152	52,840	25,001	47,385	-15,797	71,226	-15,187	31,710	-8,337	44,693	26,615	46,883	-2,288	50,476
Cash flows from investing activities:
Principal receipts from notes, equipment contracts and other long-term receivables
5,544	7,919	4,770	6,126	5,260	5,742	5,106	9,993	4,930	5,203	5,337	4,944	5,002	4,720	5,311	4,452	4,206	4,830	6,981	5,075	4,442	5,032	4,186	2,651	3,415	3,728	3,191	3,253	3,810	1,974	3,699	3,140	3,437	3,200	2,867	3,660	3,395
Net additions to property and equipment
5,084	6,040	4,185	4,458	4,717	3,282	3,679	3,851	3,488	3,792	2,663	3,948	2,997	2,094	1,612	1,092	839	877	1,153	1,995	2,617	407	1,444	2,047	2,039	2,490	1,594	1,458	1,495	3,475	2,827	6,500	4,150	5,503	7,319	9,675	3,835
Proceeds from sale of property and equipment
6	2,140	0	0	400	0	0	0	655	0	0	1,100	0	-	-	-	-	-	-	-	-	0	0	0	681	0	0	0	0	31,432	115,949	110	21,390	55,454	4,694	897	54,597
Additions to long-term receivables
1,511	0	5,400	1,160	395	470	3,000	705	2,325	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
195	131	72	86	100	57	-10	219	27	185	64	104	188	110	143	145	105	-7	164	70	40	-539	74	-130	55	224	-271	57	-68	-274	-1,724	1,459	-699	195	-16	446	128
Cash flows (used in) provided by investing activities
-1,240	3,864	-4,887	422	448	-18,201	-1,563	5,218	-255	1,256	2,610	1,992	1,817	2,516	3,556	3,215	3,262	3,960	15,646	3,810	1,785	5,164	2,668	734	2,002	1,014	1,868	1,738	2,383	30,205	118,545	-4,709	21,376	52,956	258	-5,564	54,029
Cash flows from financing activities:
Repayment of long-term debt
-	-	-	-	-	3,250	3,250	3,250	3,250	3,250	0	0	0	-	-	-	-	-	-	-	-	1,260,486	1,200	1,200	1,200	2,400	0	1,200	1,200	31,800	108,200	0	76,037	72,244	0	8,164	145,273
Proceeds from Lines of Credit
220,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of revolving credit facility
0	0	0	0	25,000	20,000	30,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Ordinary Dividends, Common Stock
11,500	11,559	12,000	12,147	11,153	11,152	11,216	11,304	17,453	17,464	17,447	17,447	17,432	16,639	16,761	16,980	17,049	16,378	16,515	16,673	16,598	0	14,215	14,225	14,293	14,275	14,285	14,373	14,512	0	0	0	0	-	-	-	-
Repurchase of common stock
29,853	19,625	43,690	35,581	10,802	5,723	7,877	10,000	10,003	0	0	0	10,003	10,333	10,002	15,004	20,004	20,004	15,003	20,004	15,003	2,000	0	15,004	15,002	5,035	10,159	14,504	0	-	-	-	-	-	-	-	-
Principal payments of finance lease obligations
2,981	3,310	3,365	3,498	3,466	3,533	2,361	3,477	4,536	2,328	3,451	3,562	3,608	3,587	3,538	3,468	3,385	4,515	3,736	2,810	3,165	3,341	2,914	2,875	2,695	2,453	2,497	2,535	2,483	2,603	2,121	3,118	3,007	3,095	3,532	3,211	3,553
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	971	554	-11,561	61,350	-2,116	3,372	3,692	-4,371	4,686	-4,245	2,681	-7,411	4,381	1,138	2,639	-2,056	3,082	-3,884	2,392
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	15	-1	1,282	0	0	0	0	-12	-9	108	12,208
Proceeds from stock options exercised
20,524	1,297	3,734	170	6,768	13	3,267	164	456	-35	0	1,161	1,474	118	402	0	880	1,110	52	168	8,206	815	734	35	6,623	3,495	2,237	330	3,018	3,811	2,323	1,075	2,045	399	86	862	5,378
Tax payments for restricted stock upon vesting
2,000	139	347	425	1,817	241	331	317	1,083	51	25	298	2,022	179	248	316	2,116	110	379	49	2,961	263	987	113	1,831	115	368	251	2,590	50	346	485	859	278	60	1,470	3,272
Excess tax benefit from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	53	101	3	862	217	5	46	4,526	393	180	0	4,455	873	418	601	966	912	1,937	399	2,421	-270	26	821	4,866
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-62	-14	-15	-	-308	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows provided by (used in) financing activities
194,239	-33,882	-56,113	-47,466	-45,470	-19,373	-24,886	-8,184	-35,869	-23,093	-20,923	-20,146	-31,591	-30,558	-30,046	-35,765	-40,812	-49,714	-36,609	-39,890	-13,449	-50,116	-16,594	-36,754	-27,635	-15,539	-29,355	-27,686	-20,764	-22,319	-110,788	-3,267	-78,076	-72,820	-27,723	-7,986	-156,454
Net change in cash, cash equivalents and restricted cash
222,644	19,563	-24,730	-6,644	-16,093	41,146	9,385	6,358	-19,656	12,896	-8,207	-16,803	-10,231	28,010	-18,343	-16,133	-56	19,166	1,503	-29,087	29,466	-28,855	32,509	-32,868	27,207	10,476	19,898	-41,745	52,845	-7,301	39,467	-16,313	-12,007	6,751	19,418	-15,838	-51,949
Supplemental disclosures:
Interest paid in cash
16,446	16,550	16,600	16,608	16,346	16,298	16,562	16,578	16,621	16,714	16,801	17,776	16,231	17,111	17,193	17,324	17,423	17,715	17,675	18,032	28,387	41,795	8,602	44,866	8,901	48,033	4,300	45,421	9,030	46,168	12,718	50,263	14,777	53,115	16,385	57,190	22,292
Income taxes paid in cash
10,818	10,411	10,132	12,191	12,014	8,202	7,777	17,333	934	8,715	13,572	31,223	6,018	13,078	22,754	32,962	1,018	18,900	14,826	35,796	1,172	12,854	12,203	19,875	2,294	11,618	13,615	24,557	912	33,015	24,278	32,516	1,545	8,454	4,614	9,795	1,276