Diversicare healthcare services, inc. (DVCR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)

-

-

-

-

-

4,708

-8,462

-2,920

1,367

3,849

-

NET LOSS

-36,063

-7,396

-4,827

-1,811

1,624

-

-

-

-

-

2,601

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-8,589

3,868

4,921

-67

-1,128

3,258

-1,469

951

929

219

721

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-27,474

-11,264

-9,748

-1,744

2,752

1,450

-6,993

-3,871

438

3,630

1,880

Adjustments to reconcile loss from continuing operations to net cash provided by operating activities:
Depreciation and amortization

9,122

9,991

9,252

8,292

7,524

7,078

6,363

5,758

5,607

5,614

5,446

Provision for doubtful accounts

0

0

8,202

7,163

7,507

5,710

4,068

2,844

1,780

2,105

1,965

Deferred income tax benefit

15,421

-926

2,040

-1,569

-1,222

837

-4,148

-1,791

801

2,041

-528

Provision for self-insured professional liability, net of cash payments

4,739

2,325

1,342

1,968

3,200

1,173

384

2,026

-742

-917

-

Amortization of right-of-use assets

21,890

-

-

-

-

-

-

-

-

-

-

Provision for (benefit from) self-insured professional liability, net of cash payments

-

-

-

-

-

-

-

-

-

-

2,774

Stock-based and deferred compensation

573

1,127

1,027

1,012

1,152

580

950

573

528

597

689

Gain on sale of unconsolidated affiliate

-

-

-

-

0

0

-

-

-

-

-

Debt retirement costs

0

-267

0

-351

0

0

-320

0

0

-

-

Provision for leases in excess of cash payments

-3,897

106

936

1,773

1,749

1,180

631

148

320

782

-

Amortization of deferred balances

-

-

-

-

-

-

-

-

-

-

382

Provision for leases in excess of cash payments

-

-

-

-

-

-

-

-

-

-

1,254

Payment from lessor for leasehold improvement

-

-

-

-

-

-

-

-

-

-

771

Non-cash gain on settlement of contingent liability

-

-

-

-

-

-

-

-

-

-

549

Foreign currency transaction gain

-

-

-

-

-

-

-

-

-

-

191

Non-cash interest income

-

-

-

-

-

-

-

-

-

-

41

Lease termination costs, net of cash payments

-

-

-

-1,863

0

0

-

-

-

-

-

Asset impairment

-

-

-

-

-

-

-

-

344

0

-

Equity in net income of investment in unconsolidated affiliate

-

-

-

271

335

0

67

420

0

-

-

Loss Contingency, Loss in Period

3,100

6,400

0

0

-

-

-

-

-

-

-

Gain on sale of assets and unconsolidated affiliate

0

308

733

1,366

-

-

-

-

-

-

-

Business Combination, Bargain Purchase, Gain Recognized, Amount

0

0

925

0

0

-

-

-

-

-

-

Deferred bonus

0

0

761

350

0

0

-

-

-

-

-

Other

-1,507

-415

-524

-576

-396

-316

-224

-170

-415

-460

-

Changes in assets and liabilities affecting operating activities:
Receivables

-9,200

2,289

10,721

25,551

9,883

14,592

13,873

5,290

4,904

3,787

4,200

Prepaid expenses and other assets

6,693

5,926

-385

1,620

60

184

-837

425

-1,128

1,817

-621

Trade accounts payable and accrued expenses

-1,793

6,010

1,589

10,224

1,009

4,771

6,231

578

1,389

-94

-4

Operating lease liabilities

-21,154

-

-

-

-

-

-

-

-

-

-

Net cash provided by continuing operations

12,335

5,716

2,059

-2,095

10,291

5,959

-6,335

4

7,104

8,614

10,269

Discontinued operations

-7,003

-65

10,001

-3,523

-7,014

-2,978

5,108

3,213

2,937

1,442

2,109

Net cash provided by operating activities

5,332

5,651

12,060

-5,618

3,277

2,981

-1,227

3,217

10,041

10,056

12,378

NET CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment

4,980

7,531

8,423

6,022

-

-

5,351

3,801

12,386

6,253

6,372

Purchases of property and equipment

-

-

-

-

4,646

5,494

-

-

-

-

-

Nursing center acquisitions

-

-

-

7,550

0

0

-

-

-

-

-

Acquisition of property and equipment through business combination

0

0

8,750

0

10,900

0

14,742

0

0

-

-

Proceeds from sale of discontinued operations

-

-

-

-

-

17,124

0

3,632

0

-

-

Proceeds from unconsolidated affiliate

0

308

1,100

2,068

0

0

-

-

-

-

-

Investment in unconsolidated affiliate

-

-

-

-

-

-

-

-

-

0

-

Payment for construction in progress - leased facility

-

-

-

-

-

-

-

-

-

-

6,891

Notes receivable collected

-

-

-

-

-

-

-

-

-

-

4,184

Change in restricted cash

-

-

-

-1,658

-2,489

-31

3,303

-752

1,029

0

-

Deposits and other deferred balances

-

-

-

-

9

64

0

319

31

0

-

Net cash used in continuing operations

-4,980

-7,223

-16,073

-9,846

-13,066

11,597

-23,396

264

-13,446

-6,253

-9,020

Net cash used in discontinued operations

-

-

-

-

0

-61

1,785

-1,049

-970

-155

-

Discontinued operations

6

17,653

-1,307

0

-

-

-

-

-

-

-187

Deposits and other deferred balances

-

-

-

-

-

-

-

-

-

-

59

Net cash used in investing activities

-4,974

10,430

-17,380

-9,846

-13,066

11,536

-21,611

-785

-14,416

-6,408

-9,207

CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of debt and finance lease obligations

12,541

36,684

30,154

73,374

15,342

21,645

30,183

1,168

24,583

4,278

7,581

Proceeds from issuance of debt

12,500

21,689

37,067

92,789

27,945

21,808

54,500

0

29,554

3,463

-

Financing costs

333

146

195

2,162

160

195

1,341

34

797

511

42

Issuance and redemption of employee equity awards

41

-217

-94

-105

-

-

-

-

-

-

-

Issuance and redemption of employee equity awards

-

-

-

-

79

-47

22

55

194

6

-

Redemption of preferred stock

-

-

-

-

-

4,918

0

0

-

-

-

Payment of common stock dividends

0

1,054

1,384

1,366

1,347

1,322

972

1,282

1,272

1,203

573

Payment of preferred stock dividends

-

-

-

-

-

220

344

344

344

344

344

Deconsolidation of noncontrolling interests, net of income taxes

-

-

-

-

-

1,385

208

206

-

-

-

Distributions to noncontrolling interests

-

-

-

-

-

-

-

-

0

0

-

Payment for preferred stock restructuring

0

508

659

640

619

600

581

563

546

528

-

Net cash provided by (used in) continuing operations

-333

-16,920

4,581

15,142

10,556

-8,524

20,893

-3,542

-

-

-

Discontinued operations

0

0

0

0

0

-5,956

-202

354

-

-

-

Construction allowance receipts - leased facility

-

-

-

-

-

-

-

-

-

-

-6,891

Payment for preferred stock restructuring

-

-

-

-

-

-

-

-

-

-

512

Issuance of restricted share units

-

-

-

-

-

-

-

-

-

-

-76

Net settlement of exercised stock options

-

-

-

-

-

-

-

-

-

-

-75

Net cash provided by (used in) financing activities

-333

-16,920

4,581

15,142

10,556

-14,480

20,691

-3,188

2,206

-3,395

-2,160

NET INCREASE (DECREASE) IN CASH

25

-839

-739

-322

-

-

-

-

-

-

-

SUPPLEMENTAL INFORMATION:
Cash payments of interest

5,390

6,074

5,404

3,965

3,629

3,324

2,637

2,028

1,875

1,353

1,512

Cash payments of income taxes

432

498

847

549

205

84

88

497

627

617

-

SUPPLEMENTAL INFORMATION ON NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Acquisition of equipment through capital lease

-

-

-

-

0

0

-

-

-

-

-

Acquisition of equipment through finance leases

483

689

507

1,851

-

-

-

293

527

387

-

Acquisition of operating leases though adoption of ASC 842

389,403

-

-

-

-

-

-

-

-

-

-

Operating Lease Lease Modification

48,877

-

-

-

-

-

-

-

-

-

-

NET DECREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

767

37

-2,147

-756

-2,169

253

1,011

Increase (Decrease) in Restricted Cash

-

-

-

-1,658

-

-

-

-

-

-

-

Cash payments of income taxes

-

-

-

-

-

-

-

-

-

-

1,413

Non cash reductions of property and long term liability

-

-

-

-

-

-

-

-

-

-

7,700