Encompass Health Corporation EHC Cash Flow

Encompass health corporation (EHC)

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	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income
429,300	445,800	403,300	393,100	395,400	375,400	429,000	404,800	371,000	350,200	331,000	324,000	325,800	318,100	301,800	291,500	270,500	252,800	244,500	241,500	279,200	281,700	288,400	295,900	377,000	381,400	376,500	364,100	245,000	235,900	239,100	247,500	219,900	254,600	982,000	955,600	980,800	939,800	0	0	0
Loss from discontinued operations, net of tax
-200	-600	900	800	1,100	1,100	-600	-600	-600	-400	100	100	-200	0	400	800	-700	-900	1,100	-100	5,300	5,500	2,900	2,900	-800	-1,100	700	1,100	4,500	4,500	-2,400	32,800	30,900	48,800	55,100	23,600	29,700	9,100	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities—
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,700	56,600	52,100	47,200	39,800	37,300	35,700	31,600	28,600	28,400	26,100	26,000	29,600	28,600	28,100	27,000	25,900	24,000	22,500	21,000	16,500	15,100	14,300	16,400	0	0	0
Depreciation and amortization
225,000	218,700	213,200	209,300	206,300	199,700	193,400	188,400	184,500	183,800	181,000	178,300	175,400	172,600	170,200	160,400	150,200	139,700	125,800	119,500	113,200	107,700	105,400	102,300	99,000	94,700	91,200	88,200	85,100	82,500	81,000	79,200	78,800	78,800	78,000	76,900	74,300	73,100	0	0	0
Loss on interest rate swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,300	0	0	0
Income (Loss) from Equity Method Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	9,800	9,700	9,600	9,500	8,700	8,200	7,700	8,000	10,700	11,800	11,900	12,600	11,200	11,200	12,500	12,300	12,700	12,900	12,700	12,800	12,000	11,400	10,600	10,000	10,100	0	0	0
Distributions from nonconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	8,500	9,100	7,000	7,500	7,700	7,700	9,800	11,100	12,600	11,200	12,900	11,400	11,400	12,700	10,500	11,100	11,000	11,200	13,000	13,600	13,000	13,100	10,300	8,700	8,100	0	0	0
Stock-based compensation
102,100	114,400	107,300	103,700	79,200	85,900	75,400	66,500	65,800	47,700	47,900	43,000	30,900	27,400	21,800	23,700	21,300	26,200	26,400	25,200	26,000	23,900	25,100	26,300	25,800	24,800	25,000	24,900	24,300	24,100	24,000	22,800	22,200	20,300	19,600	18,100	16,800	16,400	0	0	0
Deferred tax expense
38,800	40,000	19,700	-5,000	-3,500	-9,100	1,500	13,000	8,800	60,800	73,600	103,900	147,200	132,900	149,700	144,700	135,000	127,100	103,800	90,300	95,000	97,400	108,800	122,600	3,900	6,400	1,500	-2,500	107,400	102,700	93,500	83,000	68,800	36,500	-722,700	-740,600	-749,400	-743,700	0	0	0
Other, net
-15,900	-7,400	-6,400	-7,400	-6,800	-9,200	7,900	-2,600	-2,500	-3,400	-4,800	400	3,300	-100	-2,900	4,700	5,500	600	0	-9,700	-12,500	-4,800	-11,300	-10,100	-6,600	-4,300	-3,600	3,400	1,300	700	-5,800	-7,900	-8,200	-7,900	-10,200	-11,800	-8,700	-5,900	0	0	0
Change in assets and liabilities, net of acquisitions—
Accounts receivable
29,900	22,900	43,100	25,500	30,900	-7,000	7,700	25,200	19,600	31,500	2,100	3,200	24,200	66,300	126,100	131,500	142,500	134,100	126,600	118,100	104,200	91,600	77,300	51,900	55,500	55,100	35,500	54,400	48,100	51,300	52,000	56,900	46,100	37,100	37,300	20,300	18,700	21,500	0	0	0
Prepaid expenses and other assets
15,800	35,400	14,900	11,700	6,500	-11,500	-10,100	-20,800	-18,000	12,600	6,300	21,000	21,500	3,300	5,700	7,400	4,900	9,600	10,700	8,400	-8,300	-6,500	-8,600	-4,300	10,900	4,800	-4,100	-6,900	-6,000	-600	7,400	7,200	2,500	12,500	12,700	14,400	19,800	7,900	0	0	0
Income tax refund receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accounts payable
-	-	-	-	-	-	-	-	-	7,500	10,500	4,700	4,000	6,300	-1,600	400	-600	900	6,100	4,400	4,900	5,400	200	-400	-3,100	6,400	4,100	-5,200	1,700	-4,400	1,400	10,300	4,300	800	400	2,200	4,600	-800	0	0	0
Accrued payroll
4,000	13,200	500	17,700	9,500	14,800	14,600	14,300	17,900	24,400	15,800	1,700	-12,400	21,400	24,400	41,900	53,200	-900	-3,200	-3,700	-7,200	4,800	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,900	14,700	0	0	0
Other liabilities
-250,200	-128,900	-130,600	-61,000	-9,900	6,100	9,200	9,800	16,000	4,800	13,600	20,700	24,200	11,800	28,600	22,600	12,500	13,800	-4,800	-11,300	-11,300	-5,500	1,600	5,900	18,000	4,600	-1,200	-3,200	6,200	-3,000	31,300	6,100	5,600	23,600	-7,300	18,200	27,400	22,900	0	0	0
Premium received on bond issuance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,800	9,800	14,300	14,300	6,300	0	0	0	-	-	-	-	-	-	-	-	4,100	0	0	0	-	-	-	-
Premium paid on redemption of bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,700	5,800	15,600	13,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Government, class action, and related settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,400	4,400	-6,400	-2,900	0	0	0
Net cash used in operating activities of discontinued operations
-1,500	-4,400	-3,100	-3,100	-1,500	800	-600	-600	-900	-600	-800	-800	-900	-700	-500	-900	-800	-700	-1,000	-300	-1,100	-1,200	-1,500	-2,900	-1,400	-1,900	-900	100	900	2,000	1,200	3,600	7,400	9,100	12,200	13,100	17,500	13,200	0	0	0
Total adjustments
75,200	188,900	195,700	289,900	311,700	388,100	305,800	306,400	322,200	307,700	316,800	326,500	325,400	322,100	331,800	328,200	298,400	248,300	204,700	182,800	175,600	178,400	190,100	185,600	78,200	87,800	102,900	80,300	211,400	180,100	190,200	164,900	145,200	136,900	-646,600	-616,000	-615,400	-599,700	0	0	0
Net cash provided by operating activities
504,700	635,300	598,100	682,200	706,000	762,400	735,400	711,800	693,800	658,300	647,700	650,400	651,400	640,200	633,200	618,900	569,600	502,000	448,100	424,400	449,500	454,600	475,600	478,600	456,000	470,300	478,700	443,300	451,900	411,500	431,700	379,600	334,200	342,700	280,300	316,000	335,700	331,000	0	0	0
Cash flows from investing activities:
Purchases of property and equipment
383,600	372,400	342,900	301,500	266,900	254,500	241,600	234,700	244,500	225,800	219,500	206,200	187,500	177,700	157,100	153,500	142,100	128,400	122,200	127,700	132,000	170,900	162,300	215,700	221,700	195,200	195,100	127,000	143,700	140,800	156,900	151,400	114,500	100,300	69,900	65,400	61,800	62,800	0	0	0
Acquisitions of businesses, net of cash acquired
218,900	231,500	239,300	21,800	157,000	143,900	138,000	153,700	23,000	38,800	65,100	59,600	64,500	48,100	917,600	916,800	977,800	985,100	766,000	756,600	702,100	694,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to capitalized software costs
-	-	-	-	-	-	-	-	-	-	-	-	-	25,200	24,900	28,100	26,900	28,100	25,100	21,200	18,900	17,000	18,300	20,400	36,400	21,300	50,200	42,400	17,700	18,900	-18,500	-16,600	-13,700	-8,800	0	0	0	-	-	-	-
Proceeds from sale of restricted investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,400	0	0	0
Purchases of restricted investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,400	8,500	20,600	33,200	26,000	0	0	0
Net change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,600	21,900	-14,500	-2,700	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-1,200	-3,500	-18,500	-52,800	-31,300	0	0	0
Escrow deposit - acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Net settlements on interest rate swaps not designated as hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,900	21,900	32,500	43,700	44,700	0	0	0
Other, net
-600	6,500	8,300	11,500	8,100	2,700	4,600	8,900	-200	-8,800	-4,100	-7,300	-4,000	1,700	3,400	-1,500	1,500	1,100	-6,500	1,200	-4,200	-2,300	-5,900	5,000	-500	-500	6,400	-7,400	800	900	900	900	0	900	100	-100	300	400	0	0	0
Net cash provided by investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0
Net cash used in investing activities
-648,900	-657,400	-609,900	-355,100	-455,400	-424,500	-410,000	-424,500	-294,500	-283,000	-272,900	-243,900	-239,500	-229,900	-1,106,700	-1,108,600	-1,123,600	-1,129,800	-894,000	-896,600	-854,800	-876,900	-191,300	-231,800	-246,100	-226,200	-251,700	-191,900	-193,800	-178,800	-181,600	-63,700	-34,100	-24,600	-2,400	-135,000	-123,100	-125,900	0	0	0
Cash flows from financing activities:
Proceeds from bond issuance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,400,000	1,400,000	875,000	875,000	175,000	0	0	0	-	-	-	-	-	-	-	-	120,000	0	0	0	-	-	-	-
Repayments of Senior Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	202,100	246,300	164,100	400,800	597,400	843,200	848,700	554,200	302,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on revolving credit facility
940,000	635,000	565,000	480,000	255,000	325,000	317,000	413,300	313,300	273,300	316,300	275,000	330,000	335,000	485,000	435,000	565,000	540,000	690,000	645,000	435,000	440,000	115,000	130,000	115,000	197,000	147,000	227,000	232,000	135,000	135,000	188,000	323,000	338,000	0	0	0	-	-	-	-
Payments on revolving credit facility
615,000	620,000	630,000	295,000	325,000	390,000	390,000	333,300	303,300	330,300	328,300	355,000	375,000	313,000	360,000	438,000	445,000	735,000	665,000	507,000	468,000	160,000	150,000	188,000	194,000	152,000	112,000	254,000	235,000	245,000	313,000	228,000	209,000	306,000	0	0	0	-	-	-	-
Principal payments under finance lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,200	14,400	14,500	15,100	14,900	0	0	0
Debt amendment and issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31,900	34,700	20,400	20,200	6,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock, including fees and expenses
-	-	-	-	-	-	-	-	-	38,100	79,600	59,600	70,800	65,600	69,400	69,400	58,200	45,300	0	0	16,800	43,100	43,100	43,100	27,800	234,100	234,100	234,100	232,600	0	0	0	0	-	-	-	-	-	-	-	-
Repurchases of convertible perpetual preferred stock, including fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,000	46,000	46,000	24,700	0	0	0	0	-	-	-	-
Dividends paid on common stock
109,400	108,700	107,700	105,800	103,700	100,800	98,900	97,900	94,700	91,500	88,400	85,400	84,700	83,800	83,300	82,000	79,900	77,200	74,700	71,300	68,600	65,800	63,100	47,300	31,500	15,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equity interests in consolidated affiliates
325,200	162,900	162,900	0	0	65,100	65,100	65,100	65,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercising stock warrants
-	-	-	-	-	-	-	-	-	26,600	26,600	26,600	26,600	0	0	0	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid on convertible perpetual preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,300	6,300	6,300	10,500	14,600	18,900	23,000	22,900	23,000	23,500	24,600	25,400	26,100	26,300	26,000	26,000	26,000	26,000	26,000	0	0	0
Distributions paid to noncontrolling interests of consolidated affiliates
79,400	79,800	76,500	76,700	79,500	75,400	70,100	63,000	55,800	51,900	53,700	55,400	60,800	64,900	64,200	61,800	56,800	54,400	54,200	54,900	55,300	54,100	51,800	47,800	45,100	46,300	45,800	49,200	49,400	49,300	47,800	44,900	43,600	44,200	42,100	39,400	37,000	34,400	0	0	0
Taxes paid on behalf of employees for shares withheld
16,300	16,600	16,200	16,100	15,900	8,300	0	0	0	-	-	-	-	11,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-3,200	-8,300	20,900	23,100	8,900	19,400	4,800	300	11,900	300	12,000	9,200	-12,200	-600	-2,800	-5,200	-3,700	-900	-600	6,300	12,000	13,700	20,200	5,800	5,100	6,400	0	0	0	-	-	-4,300	-1,700	0	3,800	3,900	-400	600	0	0	0
Net cash provided by (used in) financing activities
201,000	48,200	404,600	-164,200	-286,200	-321,200	-342,800	-306,600	-370,300	-359,900	-358,700	-378,600	-404,200	-416,400	-251,700	514,500	418,900	622,700	975,200	451,900	560,500	424,500	-77,000	-249,700	-236,900	-312,400	-325,200	-223,800	-222,300	-130,000	-134,500	-335,000	-396,700	-336,300	-420,500	-293,100	-188,300	-237,500	0	0	0
Increase (decrease) in cash, cash equivalents, and restricted cash
56,800	26,100	392,800	162,900	-35,600	16,700	-17,400	-19,300	29,000	15,400	16,100	27,900	7,700	-6,100	-725,200	24,800	-135,100	-5,100	529,300	-20,300	155,200	2,200	207,300	-2,900	-27,000	-68,300	-98,200	27,600	35,800	102,700	115,600	-19,100	-96,600	-18,200	-142,600	-112,100	24,300	-32,400	0	0	0
Supplemental schedule of noncash financing activity:
Adoption of ASC 842
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental schedule of noncash financing activities:
Net cash paid for acquisitions
218,900	231,500	239,300	21,800	157,000	143,900	138,000	153,700	23,000	38,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-