Engility holdings, inc. (EGL)
CashFlow / Quarterly
Sep'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'12
Operating activities:
Net income

5,417

13,756

6,588

-58,667

10,856

9,448

7,748

7,336

-15,334

4,054

-2,125

-237,982

4,914

15,470

-12,641

3,458

14,243

12,492

9,817

11,593

14,057

14,288

14,779

41,391

-419,225

17,499

14,914

Less: Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-308

-245

-73

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,391

-418,917

17,744

14,987

Share-based compensation

2,901

4,027

2,183

1,886

2,316

2,099

1,637

1,182

2,245

2,072

2,756

-54

1,672

2,386

5,293

1,547

2,399

2,157

2,727

1,409

2,842

1,818

2,622

-

-

-

-

Depreciation and amortization

10,720

10,603

11,137

11,400

11,201

11,110

10,861

10,846

11,309

10,827

13,815

16,191

16,751

17,036

8,457

5,113

5,843

5,354

4,643

3,051

1,426

4,236

3,393

4,045

4,030

4,150

4,185

Loss (gain) on sale of property, plant and equipment

-51

-15

-3

-4

-191

-73

570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

0

0

-253

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of bank debt fees

2,234

2,235

1,920

2,226

2,190

2,161

2,133

2,136

-1,437

2,623

2,242

2,481

2,722

2,412

5,724

416

378

435

405

384

4,123

866

891

-

-

-

-

Deferred income taxes

32,387

4,904

2,519

65,717

5,255

5,522

6,319

-2,934

2,155

1,852

183

-49,685

-1,767

4,916

9,049

276

2,329

-6,155

2,195

1,350

-8,711

2,201

3,783

-42,521

-8,763

-6,550

-5,541

Excess tax deduction on share-based compensation

2

38

-146

0

-27

-198

416

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Receivables

-3,271

-15,848

13,906

-10,607

-10,200

-3,457

21,122

-5,396

-12,476

-10,432

-3,578

-304

-32,793

-13,604

363

-2,560

-13,744

-25,587

-1,224

-30,216

-48,575

-13,984

12,811

-3,217

23,122

-56,432

7,921

Other assets

-5,151

994

4,126

-1,130

-1,946

-5,818

-130

-2,310

45

3,160

91

-6,663

-23,867

4,121

-144

1,196

3,391

-11,614

2,416

-3,445

4,360

-8,147

-358

-13,240

12,321

-738

1,779

Accounts payable, trade

-2,167

-6,604

-539

3,485

-4,802

2,323

7,811

-12,450

-2,820

-1,406

7,003

-11,457

-2,149

-1,594

-18,370

17,448

-3,062

-10,915

1,928

8,658

-8,153

4,160

6,760

-10,742

-7,454

-8,041

-6,337

Accrued employment costs

18,230

-11,900

15,429

-19,182

16,693

-10,704

-8,122

-13,264

26,221

-9,805

13,997

-24,098

-2,996

9,569

-40,942

-23,952

6,590

807

-2,048

-13,020

5,406

-7,350

1,268

-15,487

12,479

-9,100

2,845

Accrued expenses

155

8,925

-5,057

-6,996

6,864

1,373

-3,144

7,735

-5,027

-6,522

5,619

-20,442

10,588

-9,479

-2,871

9,677

-2,488

471

-4,656

4,066

-6,147

-8,567

-2,966

-13,681

32,800

-6,051

-9,717

Advance payments and billings in excess of costs incurred

126

-1,698

-2,547

-1,525

-1,909

-261

816

-3,302

-1,226

2,629

-13,775

5,243

4,345

-2,507

1,820

565

1,075

-840

2,104

-9,826

12,754

-7,808

-3,563

8,671

-6,599

-4,582

4,454

Other liabilities

-36,368

7,748

-8,191

688

-7,337

4,408

-16,474

-6,975

-1,128

9,334

-3,471

-1,467

-651

-30,210

-3,009

5,962

-608

-9,256

-4,241

-2

12,769

-3,801

-1,753

-2,080

372

-803

728

Net cash provided by operating activities

42,106

46,827

5,812

18,918

54,123

37,025

-12,393

9,661

32,083

22,930

29,731

-6,588

90,763

17,482

-47,709

21,874

37,052

31,751

11,682

41,324

74,581

22,174

12,761

-9,995

4,138

43,937

-4,096

Proceeds (payments) from sale of business, net of amount placed in escrow

0

0

-1,900

-

-656

0

23,005

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-25,478

0

0

0

207,250

0

0

0

0

-

-

-

-

Proceeds from sale of property, plant and equipment

-

-

-

0

0

0

2,902

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

8,127

2,669

608

3,881

3,235

1,070

1,505

3,504

8,110

5,953

3,879

7,010

10,050

2,304

246

2,671

1,128

1,351

286

1,866

559

721

190

524

1,171

403

66

Net cash provided by (used in) investing activities

-8,127

-2,669

-2,508

-3,881

-3,891

-1,070

24,402

-3,504

-8,110

-5,953

-3,879

-7,010

-10,050

-2,304

25,232

-2,671

-1,128

-1,351

-207,536

-1,866

-559

-721

-190

-448

-567

-403

-66

Financing activities:
Gross borrowings from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

0

0

0

585,000

0

0

0

75,000

-

-

-

-

-

-

-

-

Repayment of long-term debt

30,039

25,038

20,038

24,037

27,037

27,037

32,336

16,736

1,165,610

22,110

11,298

27,121

37,108

2,108

337,337

3,437

3,438

3,437

3,438

-

-

-

-

-

-

-

-

Borrowings from term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200,000

0

0

-

-

-

-

Repayments of term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

322,438

12,562

0

-

-

-

-

Gross borrowings from revolving credit facility

44,000

63,000

60,000

48,500

46,000

95,000

129,000

64,000

20,000

38,000

15,000

0

19,000

31,000

107,000

99,500

95,000

97,500

190,500

28,500

153,000

14,500

0

-

-

-

-

Gross repayments of revolving credit facility

44,000

63,000

60,000

48,500

46,000

95,000

129,000

64,000

20,000

38,000

15,000

0

19,000

36,000

60,000

125,000

129,500

114,000

79,500

58,500

123,000

14,500

0

-

-

-

-

Debt issuance costs

0

0

45

-

-

-

-

-

-

-

-

0

0

0

42,425

0

25

0

1,106

0

2,493

0

0

-

-

-

-

Equity issuance costs

-

-

-

-

-

-

-

-

-

-

-

0

160

705

1,725

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

0

0

0

279

-2

172

1,216

93

43

121

608

164

-

-

-

-

Payment of employee withholding taxes on share-based compensation

18

166

1,861

0

241

1,219

41

2

1

6

1,770

4

1,156

908

5,953

-59

96

-19

2,353

69

0

9

1,028

-

-

-

-

Dividends paid

-

-

-

0

0

0

407

6

1

41

1,661

4

1,199

1,701

201,400

-

0

0

0

-

-

-

-

-

-

-

-

Excess tax deduction on share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-42

965

4,138

65

0

274

1,368

0

0

0

0

-

-

-

-

Distributions to non-controlling interest member

1,746

1,603

1,078

997

1,498

2,052

2,586

0

997

1,121

1,747

88

1,836

1,258

0

1,997

1,996

499

2,495

2,252

2,109

998

0

-

-

-

-

Net transfers from prior parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,829

Net cash used in financing activities

-31,803

-26,807

-23,022

-25,034

-28,776

-30,308

-35,370

-16,744

3,403

-23,064

-16,476

-32,278

-41,501

-10,715

47,577

-30,812

-39,883

-18,927

178,069

-34,778

-96,919

-12,961

-864

18,389

5,074

-44,459

1,829

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

16,730

9,412

-190

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22

-16,730

-9,412

190

Net cash provided by discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

22

-22

0

Net change in cash and cash equivalents

-

17,351

-19,718

-

-

5,647

-23,361

-12,451

27,376

-6,087

9,376

-45,876

39,212

4,463

25,100

-11,609

-3,959

11,473

-17,785

4,680

-22,897

8,492

11,707

7,946

8,667

-947

-2,333