Us ecology, inc. (ECOL)
CashFlow / TTM
Jun'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 income

50,666

48,395

49,595

66,656

61,594

53,423

49,365

0

0

0

-

-

-

27,263

25,611

26,585

30,013

34,740

38,236

38,765

35,761

36,106

32,151

29,056

27,390

26,542

25,659

26,246

21,310

19,633

18,370

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment

32,812

30,707

29,207

28,286

28,330

28,269

28,302

27,750

26,819

26,033

25,304

24,766

24,902

26,356

27,931

29,409

31,136

28,053

24,413

20,753

16,156

15,215

14,815

14,486

14,193

14,132

13,916

14,244

14,421

14,076

13,933

0

0

0

Amortization of intangible assets

10,721

10,145

9,645

9,227

9,200

9,518

9,888

10,254

10,605

10,635

10,575

10,656

10,957

11,615

12,307

12,532

13,598

11,157

8,207

5,602

1,947

1,446

1,461

1,465

1,474

1,486

1,469

1,439

1,425

1,414

1,419

0

0

0

Accretion of closure and post-closure obligations

3,810

3,758

3,707

3,023

3,026

3,027

3,026

4,117

4,059

4,002

3,953

4,457

4,556

4,573

4,584

4,189

4,017

3,361

2,656

1,989

1,344

1,264

1,241

1,276

1,310

1,339

1,367

1,340

1,315

1,304

1,292

0

0

0

Property and equipment impairment charges

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized foreign currency loss (gain)

513

-186

-1,211

-1,116

-364

461

1,283

1,054

-325

-743

-65

-150

-1,076

-671

-3,271

-3,714

-3,614

-2,729

-2,427

-2,536

-712

-3,184

-2,789

-2,340

-1,250

-858

1,400

2,927

-2,675

-1,426

-1,324

0

0

0

Deferred income taxes

-9,569

-8,361

-5,906

19,568

23,903

25,038

25,309

883

2,743

1,826

2,704

1,531

958

2,220

2,714

4,387

3,156

-1,302

-2,035

-1,416

-1,123

2,381

2,637

1,572

1,158

1,765

711

976

3,003

1,427

1,095

0

0

0

Share-based compensation expense

4,754

4,520

4,366

4,251

4,053

4,083

3,933

3,697

3,306

3,048

2,925

2,743

2,786

2,629

2,297

2,117

1,814

1,443

1,250

1,133

1,027

989

865

883

826

789

846

778

807

837

837

0

0

0

Unrecognized tax benefits

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

480

-421

13

13

13

13

13

13

13

0

0

0

-

-

-

-

Net loss (gain) on disposition of assets

-217

-81

-370

-64

-174

-206

-408

54

346

333

569

422

145

229

-741

-1,270

-1,310

-1,366

-421

-244

-179

-219

-170

-59

-43

50

-13

-54

-141

-207

-187

0

0

0

Gain on insurance proceeds from damaged property and equipment

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of debt issuance costs

814

812

810

810

810

5,707

6,009

6,229

6,545

1,872

2,006

4,510

4,492

4,566

4,428

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of debt discount

-

-

-

-

-

-

667

704

741

148

148

148

148

148

148

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Receivables

-

30,671

-

-

-

1,905

13,861

17,943

10,187

-1,681

-10,912

-3,057

8,774

356

-1,565

-23,759

-7,891

-8,484

4,400

24,128

5,065

10,622

10,408

7,074

3,371

8,001

1,850

2,986

-1,330

-2,428

-3,593

0

0

0

Income taxes receivable

3,769

7,986

7,072

5,349

750

-1,503

-4,121

1,553

-1,416

941

2,043

628

2,937

-3,544

-4,830

0

0

0

-

-

-

-

-

-

-

-

-187

-30

-78

-106

188

0

0

0

Other assets

2,659

-130

1,187

1,045

-2,798

1,703

1,328

1,884

4,161

-367

-1,149

-845

367

461

-734

-2,582

-1,870

243

921

2,789

258

253

403

1,297

850

-121

677

-422

-1,003

-943

-715

0

0

0

Accounts payable and accrued liabilities

4,419

6,529

14,301

7,056

6,479

426

2,012

4,999

-1,044

-10,883

-7,735

-7,785

-1,112

371

-6,481

-10,583

-6,772

-7,017

-2,878

3,118

909

87

1,673

2,317

-56

-1,761

-2,172

-2,997

-1,265

3,062

2,880

0

0

0

Deferred revenue

2,707

1,711

2,059

-32

-2,383

-1,119

617

5,889

5,709

3,217

-281

-1,020

420

-1,517

-4,449

-3,872

-1,850

-1,339

1,890

3,024

1,254

2,764

5,197

2,626

1,132

1,514

-50

-649

348

-853

-21

0

0

0

Accrued salaries and benefits

2,768

1,491

2,476

2,320

1,532

1,112

3,420

1,686

-2,080

1,134

-864

1,102

1,537

233

-901

843

892

-491

771

-832

190

688

-424

-487

-150

349

1,929

1,781

1,205

1,010

1,389

0

0

0

Income taxes payable

-1,122

-4,244

-3,512

-75

1,131

4,197

3,921

1,098

-115

-3,255

49

-1,538

-4,708

306

-3,918

-425

3,474

-2,153

-389

-942

485

1,346

4,091

1,154

-1,262

1,549

-1,083

1,055

2,202

574

-1,106

0

0

0

Closure and post-closure obligations

2,092

2,082

1,900

1,544

1,692

1,812

1,795

1,726

319

280

481

1,325

4,391

5,568

5,679

4,689

2,954

1,651

1,182

845

698

26

955

2,727

2,717

3,243

2,282

899

828

793

792

0

0

0

Net cash provided by operating activities

72,349

71,179

81,485

85,834

96,891

87,660

79,703

66,955

66,081

64,594

73,973

70,965

59,879

79,166

71,547

97,153

101,252

81,337

71,369

48,643

52,440

50,039

49,639

42,518

37,276

34,017

35,174

35,990

43,625

44,404

43,191

0

0

0

Cash flows from investing activities:
Purchases of property and equipment

50,454

40,422

40,757

35,677

33,648

36,647

36,240

39,500

38,760

35,628

35,696

36,227

34,482

37,358

39,370

36,217

39,152

32,890

28,434

23,693

17,501

19,396

21,373

18,923

22,553

20,132

15,766

15,036

10,165

8,395

10,096

0

0

0

Insurance proceeds from damaged property and equipment

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of restricted cash and investments

-

-

-

-

-

-

-

-

-

-

-

2,267

2,278

1,312

2,075

1,868

1,870

1,862

1,060

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of restricted cash and investments

-

-

-

-

-

-

-

-

-

-

-

2,231

2,213

1,273

2,057

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment

864

910

493

324

1,029

976

974

1,424

981

975

991

1,068

730

844

948

485

496

355

201

224

135

122

168

-203

81

184

198

506

234

153

98

0

0

0

Purchases of restricted investments

925

548

1,023

1,073

898

1,296

800

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of restricted investments

-

-

910

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-148,564

-142,949

-148,759

-55,350

-31,344

-34,402

-33,918

-37,462

-42,202

-41,318

-41,415

16,273

22,700

22,175

20,288

-30,760

-33,011

-492,804

-488,490

-488,728

-483,277

-19,274

-21,191

-19,126

-21,987

-30,686

-26,306

-25,268

-21,154

-8,242

-9,998

0

0

0

Cash flows from financing activities:
Payments on long-term debt

0

0

-

-

-

-

287,040

287,668

293,492

11,916

17,954

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on short-term borrowings

0

0

-

-

-

-

13,438

30,120

38,500

53,732

47,228

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from short-term borrowings

0

0

-

-

-

-

11,260

27,816

34,533

53,731

49,405

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on reducing revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

27,000

36,500

35,400

39,400

0

0

0

Proceeds from reducing revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,500

28,500

14,900

16,900

0

0

0

Dividends paid

15,862

15,836

15,804

15,772

15,746

15,726

15,711

15,697

15,687

15,678

15,673

15,666

15,655

15,636

15,612

15,592

15,574

15,552

15,532

0

0

0

-

-

-

-

16,432

13,131

13,126

13,120

13,113

0

0

0

Deferred financing costs paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

235

0

0

0

-

-

-

-

-

-

-

-

Payment of equipment financing obligations

639

539

448

435

418

400

377

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

2,427

2,427

1,912

1,285

1,050

0

0

0

-

-

-

-

1,823

1,761

1,164

1,494

1,542

1,714

1,771

1,585

2,461

0

0

0

-

-

-

0

-

-

-

-

Other

-916

-917

-314

-313

-356

-359

-121

-122

-104

-38

-189

-141

154

84

54

9

-261

16

206

261

-57

-68

-1

-102

216

-14

-303

-43

54

23

307

0

0

0

Net cash used in financing activities

40,539

43,522

72,861

-14,093

-17,575

-19,481

-26,344

-27,155

-31,891

-27,172

-31,589

-90,217

-82,820

-97,248

-108,358

-67,016

-67,990

344,541

366,793

446,806

440,642

43,038

43,678

-24,287

-17,005

-5,300

-11,200

-11,532

-20,930

-33,411

-35,164

0

0

0

Effect of foreign exchange rate changes on cash

105

-752

-1,633

-530

-526

119

636

485

84

-137

-8

12

-47

-8

-459

-948

-971

-795

-641

-178

10

-396

-306

-251

-207

82

163

275

96

-62

-82

0

0

0

Increase (decrease) in Cash and cash equivalents and restricted cash

-35,571

-29,000

3,954

15,861

47,446

33,896

20,077

2,823

-7,928

-4,033

961

-2,967

-288

4,085

-16,982

-1,571

-720

-67,721

-50,969

6,543

9,815

73,407

71,820

-1,146

-1,923

-1,887

-2,169

-535

1,637

2,689

-2,053

0

0

0

Supplemental Disclosures:
Income taxes paid, net of receipts

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Interest paid

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Non-cash investing and financing activities:
Closure and post-closure retirement asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures in accounts payable

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Restricted stock issued from treasury shares

-

-

-

0

0

0

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0