Era group inc. (ERA)
CashFlow / TTM
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

-5,285

-4,081

-9,218

24,120

8,730

13,458

80,865

-31,629

-24,185

-28,615

-95,722

-15,309

-16,747

-14,910

-12,882

-11,427

4,188

7,899

14,659

18,317

12,408

17,021

0

0

0

-

-

-

-

-

-

-

-

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

37,676

37,619

37,812

38,041

38,637

39,541

40,112

42,674

44,536

45,736

46,974

47,390

48,103

49,315

50,127

49,794

48,501

47,337

47,040

46,600

46,627

46,312

0

0

0

-

-

-

-

-

-

-

-

Share-based compensation

3,532

3,641

3,493

3,283

2,997

2,940

3,199

3,455

4,175

4,623

4,758

5,001

4,819

4,633

4,528

4,383

4,117

3,723

3,317

5,066

4,330

5,769

0

0

0

-

-

-

-

-

-

-

-

Bad debt expense, net

-

-

-

-

-

-

-

-

-

144

164

362

479

441

0

0

0

-

-

-

-

215

0

0

0

-

-

-

-

-

-

-

-

Interest income

68

113

556

1,007

1,100

943

0

0

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

3,747

3,657

-132

-1,034

-2,963

1,575

1,728

1,754

8,812

4,507

5,801

5,677

1,983

4,787

5,028

7,087

5,478

5,953

4,988

3,217

6,598

6,101

0

0

0

-

-

-

-

-

-

-

-

Debt discount amortization

279

274

268

263

259

253

248

243

238

234

230

225

221

189

188

196

206

246

256

257

255

251

0

0

0

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

973

966

959

951

945

1,410

1,459

1,509

1,558

1,136

1,652

1,612

1,573

1,486

936

948

962

1,025

1,030

1,030

1,024

931

0

0

0

-

-

-

-

-

-

-

-

Loss on sale of investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

786

-925

-926

-944

0

0

0

-

-

-

-

-

-

-

-

Foreign currency losses, net

-2,003

-481

-522

133

-1,260

-1,027

-1,240

-1,142

-159

-190

-793

-874

-413

96

505

607

820

-3,030

-3,647

-3,777

-4,297

-1,089

0

0

0

-

-

-

-

-

-

-

-

Cash settlements on derivative transactions, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

356

-10

412

442

471

0

0

0

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

175

175

175

175

0

0

0

0

-

-

-

-

1,617

248

264

264

0

0

0

0

-

-

-

-

-

-

-

-

Deferred income tax (benefit) expense

-2,810

-4,534

-2,669

3,660

-1,037

1,759

-69,544

-119,694

-117,780

-119,142

-49,827

-4,847

-5,343

-4,592

16,657

12,943

12,904

14,200

-5,167

994

4,690

7,050

0

0

0

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

10,910

9,935

10,564

11,029

788

2,206

1,933

1,701

1,403

1,425

1,099

1,303

1,533

1,092

-162

-975

-1,774

-1,943

-365

-221

513

1,157

0

0

0

-

-

-

-

-

-

-

-

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

3,073

1,140

-3,067

-4,057

-3,777

-501

2,172

5,550

5,972

4,889

2,765

-1,381

-180

-13,516

-9,595

-9,988

-9,141

9,079

-8,440

-13,544

-9,648

-6,228

0

0

0

-

-

-

-

-

-

-

-

(Increase) decrease in prepaid expenses and other assets

-943

-1,234

841

-529

-1,328

-278

-2,885

-1,344

-2,355

-3,320

-7,658

-10,732

-10,094

-9,058

-5,998

-4,444

-4,784

-6,328

-2,218

-2,410

-1,743

-802

0

0

0

-

-

-

-

-

-

-

-

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

97

3,622

-254

-6,358

-1,025

-3,594

-2,026

4,544

2,388

6,273

5,916

2,876

8,206

5,861

-15,903

-13,411

-16,186

-14,266

-4,764

-6,994

-5,463

-1,536

0

0

0

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Operating Activities

22,784

27,551

23,847

59,091

58,019

54,354

52,520

11,860

14,813

20,096

29,949

43,317

47,964

58,504

55,096

52,290

52,461

44,456

52,163

67,730

73,797

78,286

77,938

67,880

57,771

64,371

69,405

66,655

71,504

13,915

0

0

0

Cash flows from investing activities:
Purchases of property and equipment

5,646

6,558

6,698

5,858

6,744

9,216

11,335

10,204

19,549

16,770

41,609

46,618

38,060

39,200

23,502

25,493

53,329

60,050

90,026

94,262

96,847

106,732

125,848

131,595

109,411

110,105

70,054

56,595

78,159

112,986

0

0

0

Proceeds from disposition of property and equipment

-

-

-

-

-

29,590

33,222

33,200

28,763

9,392

28,161

28,388

24,755

28,609

10,835

22,854

23,929

25,328

20,662

8,457

8,864

7,051

12,195

33,637

49,618

65,151

60,277

39,154

21,352

5,188

0

0

0

Purchase of investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investments

-

-

-

-

-

0

0

0

12

126

126

126

114

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash settlements on forward contracts, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,103

2,648

2,648

2,648

1,545

0

0

0

-

-

-

-

0

0

0

0

Proceeds from sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

544

544

544

544

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on notes due from equity investees

0

-2,334

-2,451

-2,666

-2,798

-518

-598

-572

-630

-761

-748

-741

-731

-723

-713

-705

-696

-688

-678

-654

-646

-638

-481

-474

-489

-863

-705

-2,507

-2,670

-2,574

0

0

0

Principal payments on third party notes receivable

5,398

5,447

5,654

573

962

934

695

646

189

169

90

166

218

208

239

163

73

52

61

212

449

460

464

354

321

632

846

1,071

1,087

1,086

0

0

0

Escrow deposits on like-kind exchanges, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Net cash used in investing activities

52,146

48,617

44,871

33,443

3,109

22,826

24,180

24,214

10,021

-6,574

-12,736

-17,449

-12,470

-9,116

-7,783

6,638

-13,009

-22,807

-62,383

-76,918

-83,032

-93,872

-96,552

-81,120

-62,031

-43,459

-16,589

-39,473

-63,579

-114,765

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

261,622

261,622

261,622

284,622

0

0

0

Proceeds from Revolving Credit Facility

-

-

-

-

-

-

-

-

-

17,000

14,000

14,000

7,000

12,000

32,000

42,000

47,000

60,000

65,000

55,000

50,000

30,000

0

0

0

-

-

-

-

-

-

-

-

Long-term debt issuance costs

-

-

-

-

-

1,295

1,295

1,295

1,295

0

0

0

0

-

-

-

-

-

-

-

-

2,446

0

0

0

-

-

-

-

-

-

-

-

Payments on long-term debt

1,929

2,055

782

12,916

28,169

41,886

63,098

57,131

52,959

45,281

35,651

49,513

38,374

40,444

35,314

35,698

50,879

57,925

52,847

32,714

17,885

2,885

2,884

37,885

37,788

52,788

242,788

277,787

307,787

292,787

0

0

0

Early Repayment of Senior Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,920

24,335

9,297

9,297

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds and tax benefits from share award plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Dividends paid on Series A preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,953

4,953

9,400

9,400

4,447

0

0

0

Proceeds from share award plans

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Purchase of treasury shares

8,263

7,707

7,676

6,055

5

0

0

1

1

52

52

51

51

161

171

2,240

2,240

2,079

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-10,445

-9,425

-9,342

-19,933

-28,396

-43,509

-55,500

-49,570

-38,398

-27,497

-21,753

-35,628

-35,820

-32,986

-29,649

-37,129

-42,979

-46,026

-13,269

14,170

24,028

26,127

36,128

550

1,064

-1,508

-39,640

-9,078

-9,524

32,634

0

0

0

Effects of exchange rate changes on cash and cash equivalents

-579

-130

729

772

327

249

-465

-325

1

81

-899

-713

-552

-236

672

359

639

-2,120

-3,060

-2,920

-3,392

-1,009

326

285

454

426

109

120

-242

599

0

0

0

Net decrease in cash, cash equivalents and restricted cash

63,906

66,613

60,105

73,373

33,059

33,920

20,735

-13,821

-13,563

-13,894

-5,439

-10,473

-878

16,166

18,336

22,158

-2,888

-26,497

-26,549

2,062

11,401

9,532

17,840

-12,405

-2,742

19,830

13,285

18,224

-1,841

-67,617

0

0

0

Supplemental cash flow information:
Cash paid for interest

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Interest capitalized during the period

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Cash paid for income taxes

0

-

0

0

0

-

0

0

0

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-