EATON VANCE CORP EXG Cash Flow

Eaton vance corp (EXG)

CashFlow / Yearly

Oct'19	Oct'18	Oct'17	Oct'16	Oct'15	Oct'14	Oct'13	Oct'12	Oct'11	Oct'10	Oct'09	Oct'08
Cash Flows From Operating Activities:
Net income
432,876	397,905	306,373	264,757	238,191	321,164	230,426	264,768	227,574	201,225	135,525	202,816
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
23,706	25,013	19,132	20,798	21,749	21,398	25,397	26,085	25,269	24,911	22,010	13,298
Proceeds From Hedge Operating Activities
0	0	684	0	-	-	-	-	-	-	-	-
Unamortized loss on derivative instrument
-	-	-	-	0	-	-2,015	-	-	-	-	-
Deferred Sales Commissions Amortization
-22,592	-18,394	-16,231	-15,458	-14,976	-17,664	-19,643	-20,480	-35,723	35,518	35,144	47,811
Stock-based compensation
90,998	87,047	79,525	71,337	69,279	60,281	59,285	56,027	52,030	47,858	41,474	39,422
Amortization of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	1,374
Deferred income taxes
4,503	25,246	14,345	22,089	4,784	11,382	-7,293	-11,478	54,868	-16,504	-38,141	-50,797
Net (gains) losses on investments and derivatives
8,255	-17,796	-1,900	-116	-9,151	-6,946	-5,080	10,957	11,931	-7,150	-6,361	14,646
Impairment loss on investments
0	6,523	0	0	0	0	-	-	-	-	1,863	13,206
Equity in net (loss) income of affiliates, net of tax
9,090	11,373	10,870	10,552	12,734	20,274	18,020	4,161	4,898	-848	1,744	-8,000
Amortization of investments
-	-	-	-	-	-	-	-	-	-	-	1,638
Dividends received from affiliates
10,900	12,200	11,400	11,460	15,908	16,079	16,869	11,369	1,608	1,313	3,069	3,995
Gains Losses On Extinguishment Of Debt
0	0	-5,396	0	0	-	-52,996	0	0	-	-	-
Consolidated CLO entities' operating activities:
Gains Losses On Bank Loan Investments Of Consolidated Variable Interest Entity
-4,240	1,999	0	6,094	-	-	-	-	-	-	-	-
Payment of capitalized sales commissions
-	-	-	-	-	-	-	-	-	-	-	-33,833
Contingent deferred sales charges received
-	-	-	-	-	-	-	-	-	-	-	12,568
Proceeds from the sale of trading investments
-	-	-	-	-	-	-	-	-	-	-	48,970
Purchase of trading investments
-	-	-	-	-	-	-	-	-	-	-	-123,197
Net gains on bank loan investments
-	-	-	-	1,625	-1,282	-7,151	22,648	-38,153	0	0	-
Amortization of investments
1,447	248	0	624	-3	754	808	1,014	1,221	0	0	-
Net Increase Decrease In Other Assets Including Cash Of Consolidated Variable Interest Entity
-12,680	150	0	-80,468	-	-	-	-	-	-	-	-
Increase In Cash Due To Initial Consolidation
19,009	51,278	0	-	-	-	-	-	-	-	-	-
Net increase in other assets, including cash
-	-	-	-	141,450	114,974	-9,943	23,060	3,122	0	0	-
Changes in operating assets and liabilities:
Investment advisory fees and other receivables
1,052	36,427	14,167	-1,334	1,151	16,206	30,571	2,735	-456	-21,651	2,895	24,974
Investments in trading securities
24,663	59,551	126,996	93,420	639	-187,295	-251,437	-142,862	-214,826	-208,793	-12,757	-
Investment Held By Consolidated Sponsored Funds And Separatley Managed Accounts
28,492	181,797	253,748	-	-	-	-	-	-	-	-	-
Deferred sales commissions
29,169	30,598	25,577	17,380	22,294	17,580	18,230	11,933	15,505	-31,696	-14,004	-
Other assets
1,459	1,960	11,250	4,051	-3,466	8,092	-17,501	5,049	38,948	-15,397	-1,623	-2,776
Other assets
-	-	-	-	-	-	-	-	-	-	-	-27
Accrued compensation
6,674	26,806	33,489	-4,845	-2,078	11,140	22,620	7,944	17,471	34,692	-7,892	-12,919
Accounts payable and accrued expenses
-4,924	10,287	7,330	-5,482	1,308	5,911	-4,872	7,549	-7,406	9,937	1,453	-62,308
Taxes payable
-	-	-	-	-	-	-	-	-	-	-	-2,144
Other liabilities
-7,836	5,286	44,032	-1,889	21,745	-9,287	-21,328	20,453	17,017	42,484	-44	-26
Taxes payable - long-term
-	-	-	-	-	-	-	-	-	-	-	0
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	23,689
Net cash provided by operating activities
511,818	359,721	95,908	343,480	219,867	98,785	116,367	178,778	172,312	95,899	164,355	152,380
Cash Flows From Investing Activities:
Additions to equipment and leasehold improvements
34,897	18,747	12,698	10,682	11,480	7,580	6,274	4,109	10,639	12,205	46,302	25,010
Issuance of loan to affiliate
-	-	-	5,000	0	0	-	-	-	-	5,000	10,000
Net cash paid in acquisition
0	0	63,605	10,155	9,085	0	86,429	12,334	11,595	8,797	30,941	0
Cash paid for intangible assets
-	-	-	-	0	0	300	200	1,650	0	0	-
Payments received on note receivable from affiliate
-	-	-	-	-	-	-	-	-	8,000	7,000	0
Proceeds from sale of investments
14,067	24,486	16,502	12,707	69,946	95,788	107,285	82,422	158,439	40,497	127,847	364,600
Purchase Of Available For Sale Investments And Investments In Affiliates
3,514	7,022	276	17,177	10,583	27,846	7,356	209,870	1,569	41,520	11,259	478,838
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0	76,563	0	4,668	-	-	-	-	-	-	-	-
PaymentsToAcquireAvailableForSaleSecuritiesDebt
54,352	147,322	0	0	-	-	-	-	-	-	-	-
Consolidated CLO entities' investing activities:
Proceeds from sales of bank loans and other investments
501,356	154,871	0	166,460	147,766	378,100	354,806	169,099	291,381	0	0	-
Purchase of bank loans and other investments
1,098,530	407,883	31,348	249,099	102,298	253,002	184,704	115,913	290,847	0	0	-
Net cash provided (used for) by investing activities
-675,870	-325,054	-91,425	-108,278	84,266	185,460	177,028	-90,905	133,520	-14,025	41,345	-149,248
Cash Flows From Financing Activities:
Payments to Acquire Additional Interest in Subsidiaries
-	-	-	15,673	-	-	-	-	-	-	-	-
Purchase Of Additional Non Controlling Interests
91,617	20,818	9,820	-	19,964	26,872	43,507	19,864	6,611	11,244	17,072	26,469
Payments Of Line Of Credit Issuance Costs
930	0	0	-	-	-1,111	0	-1,192	0	-	-	-
Proceeds from issuance of subsidiary equity
-	-	-	-	-	-	1,092	0	0	-	-	-
Payments of Debt Issuance Costs
0	0	2,761	0	0	-	2,940	0	0	0	-	-
Proceeds From Debt Net Of Issuance Costs
0	0	298,896	0	0	-	323,440	0	0	-	-	-
Early Repayment Of Senior Debt
0	0	250,000	0	0	-	250,000	0	0	-	-	-
Gain Loss Extinguishment Of Debt Financing Activity
0	0	5,396	0	0	-	52,996	0	0	-	-	-
Repurchase of Voting Common Stock
-	-	-	-	77	77	73	0	0	96	0	0
Principal repayments on notes receivable from stock option exercises
-1,183	-4,825	-4,500	-3,257	-2,427	-1,853	-2,135	-821	-941	-1,864	-3,084	-1,319
Distributions to non-controlling interest holders
-	-	-	-	-	-	-	-	-	-	-	7,542
Excess tax benefit of stock option exercises and vesting of restricted stock awards
-	-	-	-	9,979	18,570	20,584	8,618	7,022	10,825	13,649	9,769
Dividends paid
159,123	144,855	125,785	118,621	116,016	105,848	215,539	87,826	85,240	75,651	72,427	69,906
Net subscriptions received from (redemptions/distributions paid to) non-controlling interest holders
44,508	100,360	188,463	302	7,895	5,702	-56,977	-42,012	-118,527	-44,986	7,308	-
Proceeds from issuance of Voting Common Stock
-	-	-	-	-77	-162	0	-56	0	0	-86	-37
Consolidated Clo Entity Financing Activities [Abstract]
Clo Proceeds From Lines Of Credit
197,915	245,898	12,598	0	-	-	-	-	-	-	-	-
Clo Proceeds From Repayments Of Lines Of Credit
197,915	258,496	0	0	-	-	-	-	-	-	-	-
Clo Net Proceeds From Issuance Of Long Term Debt And Capital Securities
794,767	1,320,397	0	0	-	-	-	-	-	-	-	-
Clo Principal Paydown
389,000	865,624	0	0	-	-	-	-	-	-	-	-
Proceeds from line of credit
-	-	-	-	83,612	0	-	-	-	-	-	-
Repayment of line of credit
-	-	-	-	202,357	247,789	-	-	-	-	-	-
Repayment of redeemable preferred shares
-	-	-	-	-	60,000	-	-	-	-	-	-
Issuance of senior and subordinated notes
-	-	-	-	401,607	429,582	-	-	-	-	-	-
Principal repayments of senior and subordinated note obligations
-	-	-	-	179,166	128,362	177,500	28,614	0	-	-	-
Proceeds from the issuance of mutual fund subsidiaries' capital stock
-	-	-	-	-	-	-	-	-	-	-	3,982
Redemption of mutual fund subsidiaries capital stock
-	-	-	-	-	-	-	-	-	-	-	290
Net cash used for financing activities
-48,356	184,413	195,430	-273,130	-221,446	-359,378	-293,018	-136,748	-103,047	-84,252	-91,863	-240,949
Effect of currency rate changes on cash and cash equivalents
-322	-2,868	2,701	-3,456	-2,344	-1,558	-547	38	242	-322	-174	-217
Net increase (decrease) in cash and cash equivalents, restricted
-212,730	216,212	202,614	-41,384	80,343	-76,691	-170	-48,837	203,027	-2,700	113,663	-238,034
Supplemental Cash and Restricted Cash Flow Information:
Cash paid for interest
22,695	22,660	25,535	28,413	28,390	29,298	28,712	32,772	32,642	32,642	32,642	32,641
Cash paid for interest upon repayment of debt
0	0	1,354	0	0	-	-	-	-	-	-	-
Cash paid for interest by consolidated CLO entities
38,140	10,681	0	11,024	2,388	7,103	13,220	19,508	11,100	0	0	-
Cash paid for income taxes, net of refunds
125,054	135,105	143,948	128,845	120,496	172,119	145,343	152,730	83,610	135,853	103,033	194,304
Supplemental Disclosure Of Non Cash Information [Abstract]
Increase in equipment and leasehold improvements due to non-cash additions
4,341	1,336	863	453	389	154	379	513	3,350	860	3,160	10,291
Exercise of stock options through issuance of notes receivable
1,573	1,770	3,538	4,188	4,752	3,549	5,102	535	2,224	1,944	1,458	3,681
Non Cash Noncontrolling Interest Increase From Business Combination
-	-	-	-	-	9,935	-	-	-	-	-	-
Decrease in non-controlling interests due to net deconsolidations of sponsored investment funds
-67,989	-25,320	129,587	-1,567	-2,623	-4,111	-93,689	-65,092	-125,844	-36,372	-4,461	-468
Decrease In Investments Of Consolidated Variable Interest Entity Due To Unsettled Sales
-24,193	0	0	-	-	-	-	-	-	-	-	-
Increase In Bank Loan Investments Of Consolidated Variable Interest Entity Due To Unsettled Purchases
33,985	149,617	0	0	-	-	-	-	-	-	-	-
Consolidation Of Collateralized Loan Obligation Entity [Abstract]
Increase in other assets, net of other liabilities
-	-	-	-	-54,578	0	-113,731	0	10,418	0	0	-
Increase in bank loans and other investments
410,853	814,122	0	0	207,371	0	424,152	0	446,440	0	0	-
Increase in senior loan obligations
391,080	843,089	0	0	-	-	-	-	-	-	-	-
Increase In Borrowings Due To Consolidation Of Variable Interest Entity
-	-	-	0	-	-	-	-	-	-	-	-
Deconsolidation Of Collateralized Loan Obligation Entity [Abstract]
Decrease In Other Assets Net Of Other Liabilities Related To Deconsolidated Variable Interest Entity
-	-	-	-	-3,566	-19,210	-	-	-	-	-	-
Decrease In Investments Due To Deconsolidated Variable Interest Entity
0	-379,676	0	-389,856	-1,559	-411,897	-	-	-	-	-	-
Decrease In Borrowings Due To Deconsolidated Variable Interest Entity
0	-378,742	0	-397,544	-4,097	-427,418	-	-	-	-	-	-
Net Consolidations Deconsolidations Of Sponsored Investment Funds [Abstract]
Increase (decrease) in investments
-	-	-	-	-	-4,122	-92,399	-66,778	-124,253	-52,594	-4,438	-38
Non Cash Change Other Assets, Net Of Other Liabilities
-	-	-	-	-	0	-	-	-	-	-	-
Non-Voting Common Stock [Member]
Repurchase of Common Stock
299,400	273,550	126,199	-	283,372	322,020	73,941	106,470	198,627	111,173	41,083	185,343
Proceeds from issuance of Non-Voting Common Stock
51,256	76,447	210,934	-	89,699	88,236	119,250	55,711	60,941	56,237	29,208	33,494
Common Stock Repurchases Recorded In Accounts Payable And Accrued Expenses
13,670	13,136	0	-	-	-	-	-	-	-	-	-
Voting Common Stock [Member]
Repurchase of Common Stock
0	171	0	-	-	-	-	-	-	-	-	-