Dine Brands Global, Inc. DIN Cash Flow

Dine brands global, inc. (DIN)

CashFlow / TTM

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
95,031	104,346	103,931	103,601	94,924	80,354	123,273	-350,666	-341,272	-342,750	-388,293	86,332	91,054	101,002	102,002	101,986	102,054	104,923	57,141	51,771	44,041	36,453	77,009	76,852	74,622	72,037	72,725	114,568	114,569	127,674	137,475	93,427	76,837	75,192	0	0	0
Adjustments to reconcile net income to cash flows provided by operating activities:
Depreciation and amortization
42,900	42,500	40,000	37,200	34,460	32,200	31,247	30,978	30,834	30,600	30,729	30,468	30,232	30,600	31,630	32,539	33,099	32,840	32,642	33,102	33,777	34,745	35,076	35,217	35,302	35,355	35,298	36,218	37,911	39,538	42,377	44,837	47,393	50,220	0	0	0
Non-cash stock-based compensation expense
10,739	10,808	10,750	10,799	11,285	10,546	9,942	8,826	7,955	10,752	11,537	12,846	13,899	10,926	10,795	9,946	9,652	8,892	8,199	8,404	8,608	9,319	9,715	9,030	9,318	9,364	9,724	10,711	10,842	11,442	11,378	11,002	11,418	9,492	0	0	0
Non-cash interest expense
2,906	3,369	3,825	4,131	4,046	3,792	3,544	3,445	3,401	3,364	3,327	3,290	3,254	3,218	3,182	3,146	3,110	3,074	3,041	3,974	4,883	5,770	6,632	6,507	6,385	6,246	6,073	5,994	5,959	5,985	6,125	6,217	6,272	6,160	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,554	-8,191	-5,885	-6,824	-11,159	0	0	0
Closure and impairment (credit) charges
1,279	1,485	2,617	2,635	-362	2,038	223	810	6,219	3,834	4,832	4,282	2,395	2,621	1,807	1,523	1,184	2,576	4,888	5,152	5,314	3,687	0	0	0	-	-	-	-	3,931	-17,290	-17,521	4,176	8,448	0	0	0
Deferred income taxes
-14,842	-5,500	-9,984	-11,380	-11,767	-11,800	-64,957	-132,073	-134,568	-136,100	-73,711	-8,451	-10,728	-12,714	-16,327	-13,271	-11,985	-13,987	-14,952	-20,952	-21,058	-24,387	-28,614	-23,386	-24,452	-22,674	-18,478	-22,198	-21,459	-22,832	-10,392	-1,542	6,112	11,835	0	0	0
Deferred revenue
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	1,132	1,165	1,343	2,703	4,862	5,158	5,426	5,488	4,316	4,697	4,325	4,986	3,690	3,481	5,104	5,042	6,814	6,743	5,126	5,373	6,494	0	0	0
Excess tax benefit from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	1,019	1,183	1,087	1,130	4,794	4,970	5,145	5,099	5,028	5,508	5,746	6,347	2,858	2,897	4,416	4,214	5,669	4,487	2,576	2,998	5,443	0	0	0
(Gain) loss on disposition of assets
668	332	-2,099	-1,295	-907	623	1,398	1,410	7,597	6,285	6,292	6,109	-86	-809	-2,072	392	278	901	2,557	411	607	-329	-695	-828	-1,022	223	13,281	86,859	86,182	102,597	111,608	36,782	36,232	43,253	0	0	0
Debt modification costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Other
-4,568	-5,374	-3,445	-189	3,151	-949	-5,385	-14,555	-14,247	-10,980	-14,813	-11,953	-10,654	-6,674	8,082	8,273	7,402	6,323	-143	106	2,917	3,344	3,373	3,268	2,694	492	6,526	8,813	6,832	8,991	3,316	987	2,479	1,765	0	0	0
Changes in operating assets and liabilities:
Accounts receivable, net
-14,891	396	-14,604	-12,097	-8,743	-3,149	14,267	18,660	16,416	8,430	1,877	-2,246	-2,886	-3,820	832	-6,890	2,381	5,239	336	13,626	301	7,326	40,364	31,200	48,564	-8,419	11,353	15,557	-42	11,629	660	4,461	5,813	16,722	0	0	0
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Current income tax receivables and payables
16,519	8,677	11,132	14,785	1,191	8,119	-2,703	-5,232	-10,137	-8,490	-1,470	-6,682	-10,651	-909	-4,768	1,803	326	2,073	-25,989	-22,160	-11,072	-11,717	18,886	13,431	7,635	6,143	-4,008	2,574	-5,924	1,272	11,472	5,841	12,009	20,479	0	0	0
Gift card receivables and payables
11,546	-1,037	5,441	1,402	-109	-1,488	268	465	2,264	-3,322	-320	-98	677	-4,288	3,196	6,680	3,292	21,735	6,092	4,464	6,196	3,555	59,659	61,290	62,833	5,519	9,083	10,489	15,204	14,735	16,048	15,476	14,180	21,983	0	0	0
Other current assets
275	498	2,348	-967	-2,146	-10,425	-2,343	181	1,802	8,247	668	947	372	156	-485	1,120	877	1,995	842	418	614	-273	9,928	9,769	9,114	-8,315	479	-9,740	-7,386	9,119	0	0	0	-	-	-	-
Accounts payable
-13,991	583	-3,817	-4,761	-8,179	-9,940	8,974	19,177	5,528	7,208	-6,044	-16,608	6,903	89	1,002	7,066	-1,557	4,546	-1,923	-1,301	-5,363	2,778	-5,149	-7,333	-1,831	-9,347	2,348	9,798	1,777	1,778	2,539	4,578	-3,231	-3,533	0	0	0
Accrued employee compensation and benefits
-3,624	-3,575	1,353	4,722	4,490	13,183	5,781	2,206	-2,412	-1,126	-2,329	-4,270	-1,693	-10,476	-4,972	-753	3,271	-594	3,526	529	814	767	-781	-419	-854	2,521	-1,638	-4,284	-6,644	-3,756	-4,047	-2,785	-3,001	-6,656	0	0	0
Other current liabilities
-3,049	-456	8,997	3,994	15,428	6,989	2,565	-4,196	3,253	4,050	878	932	-15,573	123	1,882	-11,000	-3,664	-6,310	-17,061	9,850	-10,457	2,924	-11,592	-129	-328	3,208	2,682	1,299	4,224	-1,251	3,320	-5,130	-10,567	-17,050	0	0	0
Accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,869	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows provided by operating activities
155,896	155,180	184,319	183,883	152,807	140,346	96,359	70,631	62,658	65,733	87,052	85,093	100,159	118,110	126,978	141,297	131,873	135,509	86,686	110,655	106,814	118,524	127,428	128,378	109,429	127,815	87,627	71,952	79,412	52,879	94,681	109,854	115,903	121,686	0	0	0
Cash flows from investing activities:
Principal receipts from notes, equipment contracts and other long-term receivables
24,359	24,075	21,898	22,234	26,101	25,771	25,232	25,463	20,414	20,486	20,003	19,977	19,485	18,689	18,799	20,469	21,092	21,328	21,530	18,735	16,311	15,284	13,980	12,985	13,587	13,982	12,228	12,736	12,623	12,250	13,476	12,644	13,164	13,122	0	0	0
Net additions to property and equipment
19,767	19,400	16,642	16,136	15,529	14,300	14,810	13,794	13,891	13,400	11,702	10,651	7,795	5,637	4,420	3,961	4,864	6,642	6,172	6,463	6,515	5,937	8,020	8,170	7,581	7,037	8,022	9,255	14,297	16,952	18,980	23,472	26,647	26,332	0	0	0
Proceeds from sale of property and equipment
2,146	2,540	400	400	400	655	655	655	1,755	1,100	0	0	0	-	-	-	-	-	-	-	-	681	681	681	681	0	31,432	147,381	147,491	168,881	192,903	81,648	82,435	115,642	0	0	0
Additions to long-term receivables
8,071	6,955	7,425	5,025	4,570	6,500	6,030	3,030	2,325	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
484	389	315	233	366	293	421	495	380	541	466	545	586	503	386	407	332	267	-265	-355	-555	-540	223	-122	65	-58	-556	-2,009	-607	-1,238	-769	939	-74	753	0	0	0
Cash flows (used in) provided by investing activities
-1,841	-153	-22,218	-18,894	-14,098	-14,801	4,656	8,829	5,603	7,675	8,935	9,881	11,104	12,549	13,993	26,083	26,678	25,201	26,405	13,427	10,351	10,568	6,418	5,618	6,622	7,003	36,194	152,871	146,424	165,417	188,168	69,881	69,026	101,679	0	0	0
Cash flows from financing activities:
Repayment of long-term debt
-	-	-	-	-	13,000	13,000	9,750	6,500	3,250	0	0	0	-	-	-	-	-	-	-	-	1,264,086	6,000	4,800	4,800	4,800	34,200	142,400	141,200	216,037	256,481	148,281	156,445	225,681	0	0	0
Proceeds from Lines of Credit
220,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of revolving credit facility
0	25,000	45,000	75,000	75,000	50,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Ordinary Dividends, Common Stock
47,206	46,859	46,452	45,668	44,825	51,125	57,437	63,668	69,811	69,790	68,965	68,279	67,812	67,429	67,168	66,922	66,615	66,164	49,786	47,486	45,038	42,733	57,008	57,078	57,226	57,445	43,170	28,885	14,512	0	0	0	0	-	-	-	-
Repurchase of common stock
128,749	109,698	95,796	59,983	34,402	33,603	27,880	20,003	10,003	10,003	20,336	30,338	45,342	55,343	65,014	70,015	75,015	70,014	52,010	37,007	32,007	32,006	35,041	45,200	44,700	29,698	0	0	0	-	-	-	-	-	-	-	-
Principal payments of finance lease obligations
13,154	13,639	13,862	12,858	12,837	13,907	12,702	13,792	13,877	12,949	14,208	14,295	14,201	13,978	14,906	15,104	14,446	14,226	13,052	12,230	12,295	11,825	10,937	10,520	10,180	9,968	10,118	9,742	10,325	10,849	11,341	12,752	12,845	13,391	0	0	0
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,314	48,227	51,045	66,298	577	7,379	-238	-1,249	-4,289	-4,594	789	747	6,102	4,803	-219	-466	0	0	0
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,296	1,296	1,281	1,282	0	-12	-21	87	12,295	0	0	0
Proceeds from stock options exercised
25,725	11,969	10,685	10,218	10,212	3,900	3,852	585	1,582	2,600	2,753	3,155	1,994	1,400	2,392	2,042	2,210	9,536	9,241	9,923	9,790	8,207	10,887	12,390	12,685	9,080	9,396	9,482	10,227	9,254	5,842	3,605	3,392	6,725	0	0	0
Tax payments for restricted stock upon vesting
2,911	2,728	2,830	2,814	2,706	1,972	1,782	1,476	1,457	2,396	2,524	2,747	2,765	2,859	2,790	2,921	2,654	3,499	3,652	4,260	4,324	3,194	3,046	2,427	2,565	3,324	3,259	3,237	3,471	1,740	1,968	1,682	2,667	5,080	0	0	0
Excess tax benefit from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	1,019	1,183	1,087	1,130	4,794	4,970	5,145	5,099	5,028	5,508	5,746	6,347	2,858	2,897	4,416	4,214	5,669	4,487	2,576	2,998	5,443	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-89	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows provided by (used in) financing activities
56,778	-182,931	-168,422	-137,195	-97,913	-88,312	-92,032	-88,069	-100,031	-95,753	-103,218	-112,341	-127,960	-137,181	-156,337	-162,900	-167,025	-139,662	-140,064	-120,049	-116,913	-131,099	-96,522	-109,283	-100,215	-93,344	-100,124	-181,557	-157,138	-214,450	-264,951	-181,886	-186,605	-264,983	0	0	0
Net change in cash, cash equivalents and restricted cash
210,833	-27,904	-6,321	27,794	40,796	37,233	8,983	-8,609	-31,770	-22,345	-7,231	-17,367	-16,697	-6,522	-15,366	4,480	-8,474	21,048	-26,973	4,033	252	-2,007	37,324	24,713	15,836	41,474	23,697	43,266	68,698	3,846	17,898	-2,151	-1,676	-41,618	0	0	0
Supplemental disclosures:
Interest paid in cash
66,204	66,104	65,852	65,814	65,784	66,059	66,475	66,714	67,912	67,522	67,919	68,311	67,859	69,051	69,655	70,137	70,845	81,809	105,889	96,816	123,650	104,164	110,402	106,100	106,655	106,784	104,919	113,337	118,179	123,926	130,873	134,540	141,467	148,982	0	0	0
Income taxes paid in cash
43,552	44,748	42,539	40,184	45,326	34,246	34,759	40,554	54,444	59,528	63,891	73,073	74,812	69,812	75,634	67,706	70,540	70,694	64,648	62,025	46,104	47,226	45,990	47,402	52,084	50,702	72,099	82,762	90,721	91,354	66,793	47,129	24,408	24,139	0	0	0