Era group inc. (ERA)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'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'12
Cash flows from operating activities:
Net loss

-7,289

-811

-2,059

4,874

-6,085

-5,948

31,279

-10,516

-1,357

61,459

-81,215

-3,072

-5,787

-5,648

-802

-4,510

-3,950

-3,620

653

11,105

-239

3,140

4,311

5,196

4,374

-

-

-

-

-

-

-

-

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

9,507

9,337

9,312

9,520

9,450

9,530

9,541

10,116

10,354

10,101

12,103

11,978

11,554

11,339

12,519

12,691

12,766

12,151

12,186

11,398

11,602

11,854

11,746

11,425

11,287

-

-

-

-

-

-

-

-

Share-based compensation

698

908

929

997

807

760

719

711

750

1,019

975

1,431

1,198

1,154

1,218

1,249

1,012

1,049

1,073

983

618

643

2,822

247

2,057

-

-

-

-

-

-

-

-

Bad debt expense, net

-

-

-

-

-

-

-

-

-

97

3

6

38

117

201

123

0

-

-

-

-

20

69

101

25

-

-

-

-

-

-

-

-

Interest income

112

-114

-85

155

157

329

366

248

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash penalty and interest expenses

-

-

-

-

-

-

0

0

-607

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property

-34

3,095

754

-68

-124

-694

-148

-1,997

4,414

-541

-122

5,061

109

753

-246

1,367

2,913

994

1,813

-242

3,388

29

42

3,139

2,891

-

-

-

-

-

-

-

-

Debt discount amortization

72

71

69

67

67

65

64

63

61

60

59

58

57

56

54

54

25

55

62

64

65

65

63

62

61

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

246

244

243

240

239

237

235

234

704

286

285

283

282

802

245

244

195

252

257

258

258

257

257

252

165

-

-

-

-

-

-

-

-

Loss on sale of investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

8

-10

-12

800

-1,703

-11

-30

-

-

-

-

-

-

-

-

Foreign currency losses, net

-1,648

111

-742

276

-126

70

-87

-1,117

107

-143

11

-134

76

-746

-70

327

585

-337

32

540

-3,265

-954

-98

20

-57

-

-

-

-

-

-

-

-

Cash settlements on derivative transactions, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82

88

93

93

-284

510

123

122

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

0

0

0

175

0

0

0

0

-

-

-

-

1,369

-16

0

264

0

0

0

0

-

-

-

-

-

-

-

-

Deferred income tax (benefit) expense

-1,809

-1,647

-1,489

2,135

-3,533

218

4,840

-2,562

-737

-71,085

-45,310

-648

-2,099

-1,770

-330

-1,144

-1,348

19,479

-4,044

-1,183

-52

112

2,117

2,513

2,308

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

0

0

0

10,910

-975

629

465

669

443

356

233

371

465

30

437

601

24

-1,224

-376

-198

-145

354

-232

536

499

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
(Increase) decrease in receivables

1,440

1,316

2,417

-2,100

-493

-2,891

1,427

-1,820

2,783

-218

4,805

-1,398

1,700

-2,342

659

-197

-11,636

1,579

266

650

6,584

-15,940

-4,838

4,546

10,004

-

-

-

-

-

-

-

-

(Increase) decrease in prepaid expenses and other assets

743

-1,960

-318

592

452

115

-1,688

-207

1,502

-2,492

-147

-1,218

537

-6,830

-3,221

-580

1,573

-3,770

-1,667

-920

29

340

-1,859

-253

970

-

-

-

-

-

-

-

-

Decrease (increase) in accounts payable, accrued expenses and other liabilities

-2,944

-499

4,950

-1,410

581

-4,375

-1,154

3,923

-1,988

-2,807

5,416

1,767

1,897

-3,164

2,376

7,097

-448

-24,928

4,868

4,322

1,472

-15,426

2,638

5,853

5,399

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Operating Activities

-2,132

7,706

9,970

7,240

2,635

4,002

45,214

6,168

-1,030

2,168

4,554

9,121

4,253

12,021

17,922

13,768

14,793

8,613

15,116

13,939

6,788

16,320

30,683

20,006

11,277

15,972

20,625

9,897

17,877

21,006

17,875

14,746

-39,712

Cash flows from investing activities:
Purchases of property and equipment

400

1,390

2,568

1,288

1,312

1,530

1,728

2,174

3,784

3,649

597

11,519

1,005

28,488

5,606

2,961

2,145

12,790

7,597

30,797

8,866

42,766

11,833

33,382

18,751

61,882

17,580

11,198

19,445

21,831

4,121

32,762

54,272

Proceeds from disposition of property and equipment

-

-

-

-

-

70

23

10,000

19,497

3,702

1

5,563

126

22,471

228

1,930

3,980

4,697

12,247

3,005

5,379

31

42

3,412

3,566

5,175

21,484

19,393

19,099

301

361

1,591

2,935

Purchase of investments

0

-

-

-

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investments

-

-

-

-

-

0

0

0

0

0

0

12

114

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash settlements on forward contracts, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,103

1,545

0

0

0

-

-

-

-

-307

105

104

98

Proceeds from sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

544

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on notes due from equity investees

0

0

0

0

-2,334

-117

-215

-132

-54

-197

-189

-190

-185

-184

-182

-180

-177

-174

-174

-171

-169

-164

-150

-163

-161

-7

-143

-178

-535

151

-1,945

-341

-439

Principal payments on third party notes receivable

55

107

5,130

106

104

314

49

495

76

75

0

38

56

-4

76

90

46

27

0

0

25

36

151

237

36

40

41

204

347

254

266

220

346

Escrow deposits on like-kind exchanges, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,317

3,374

2,800

-

0

-3,048

3,048

-

-6,110

16,010

0

-

-

-

-

Net cash used in investing activities

-345

2,717

10,987

38,787

-3,874

-1,029

-441

8,453

15,843

325

-407

-5,740

-752

-5,837

-5,120

-761

2,602

-4,504

9,301

-20,408

-7,196

-44,080

-5,234

-26,522

-18,036

-46,760

10,198

-7,433

536

-19,890

-12,686

-31,539

-50,650

Cash flows from financing activities:
Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

15,000

246,622

0

0

38,000

Proceeds from Revolving Credit Facility

-

-

-

-

-

-

-

-

-

8,000

0

7,000

2,000

5,000

0

0

7,000

25,000

10,000

5,000

20,000

30,000

0

0

0

-

-

-

-

-

-

-

-

Long-term debt issuance costs

-

-

-

-

-

0

0

0

1,295

0

0

0

0

-

-

-

-

-

-

-

-

0

53

278

2,115

-

-

-

-

-

-

-

-

Payments on long-term debt

416

597

416

500

542

-676

12,550

15,753

14,259

20,536

6,583

11,581

6,581

10,906

20,445

442

8,651

5,776

20,829

15,623

15,697

698

696

794

697

697

35,697

697

15,697

190,697

70,696

30,697

697

Early Repayment of Senior Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,585

15,038

0

9,297

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds and tax benefits from share award plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

89

-

0

0

0

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

-171

706

-

0

0

0

Dividends paid on Series A preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,953

0

4,447

0

0

Proceeds from share award plans

0

-

487

0

590

-

409

0

484

-

373

0

463

-

359

0

477

-

484

0

612

-

622

307

529

-

-

-

-

-

-

-

-

Purchase of treasury shares

561

31

1,621

6,050

5

0

0

0

0

0

1

0

51

0

0

0

161

10

2,069

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-977

-628

-1,550

-7,290

43

-545

-12,141

-15,753

-15,070

-12,536

-6,211

-4,581

-4,169

-6,792

-20,086

-4,773

-1,335

-3,455

-27,566

-10,623

-4,382

29,302

-127

-765

-2,283

39,303

-35,705

-251

-4,855

1,171

-5,143

-697

37,303

Effects of exchange rate changes on cash and cash equivalents

-394

-165

-101

81

55

694

-58

-364

-23

-20

82

-38

57

-1,000

268

123

373

-92

-45

403

-2,386

-1,032

95

-69

-3

303

54

100

-31

-14

65

-262

810

Net decrease in cash, cash equivalents and restricted cash

-3,848

9,630

19,306

38,818

-1,141

3,122

32,574

-1,496

-280

-10,063

-1,982

-1,238

-611

-1,608

-7,016

8,357

16,433

562

-3,194

-16,689

-7,176

510

25,417

-7,350

-9,045

8,818

-4,828

2,313

13,527

2,273

111

-17,752

-52,249

Supplemental cash flow information:
Cash paid for interest

-

-

-

-

-

-

599

6,188

1,080

-

954

6,882

413

-

953

6,765

1,129

-

1,435

8,469

1,079

-

495

8,287

652

-

-

-

-

-

-

-

-

Interest capitalized during the period

-

-

-

-

-

-

0

0

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

332

-

367

5,970

353

-

599

6,188

983

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-70

9,285

708

-

-

-

-

Cash paid for income taxes

2,300

-

0

1,241

14

-

63

0

0

-

-

-

-

-

-5,979

0

5

-

6,010

-25

5

-

53

682

-1

-

16

34

2

-

-

-

-