FTI CONSULTING, INC FCN Cash Flow

Fti consulting, inc (FCN)

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
Operating activities
Operating activities
Net Income (Loss) Attributable to Parent
210,828	216,726	211,389	195,300	174,311	150,611	193,775	181,656	132,891	107,962	48,175	37,652	69,355	85,520	88,768	77,386	72,548	66,053	56,625	68,838	64,376	58,807	50,747	-22,396	-16,157	-10,594	-89,332	-15,998	-31,737	-36,986	88,772	95,498	103,076	103,903	72,877	61,316	71,057	65,984	0	0	0
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization
30,910	30,153	29,372	29,587	30,837	31,536	31,957	31,132	30,371	31,177	37,109	38,949	39,300	38,700	34,182	32,330	31,555	31,392	31,377	32,099	34,349	35,126	34,738	34,754	33,217	32,638	31,662	31,492	34,429	33,919	33,549	32,943	29,133	28,582	28,525	30,061	30,576	31,334	0	0	0
Amortization and impairment of other intangible assets
8,622	8,152	7,703	7,553	7,753	8,162	9,063	9,970	10,340	10,563	10,062	10,025	10,193	10,306	10,848	10,903	11,320	11,726	12,974	13,472	13,917	15,521	17,127	19,505	22,006	22,954	22,931	22,917	22,633	22,586	0	0	0	-	-	-	47,029	47,666	0	0	0
Acquisition-related contingent consideration
2,785	2,372	841	433	176	479	1,099	1,351	2,292	2,291	2,170	1,996	1,425	2,164	1,486	1,444	-300	-1,200	-1,230	-1,132	401	-1,676	-6,369	-5,996	-13,443	-10,869	-6,574	-6,801	-1,776	-3,064	-6,508	-7,854	-6,226	-6,465	0	0	0	-	-	-	-
Provision for doubtful accounts
19,700	19,600	19,500	15,500	16,000	17,900	16,890	18,129	17,549	15,400	13,507	10,527	12,014	8,900	11,103	13,337	13,003	15,564	16,720	16,152	16,808	18,252	14,827	14,528	13,683	13,335	15,196	14,630	13,704	14,179	12,490	13,845	14,582	12,586	13,024	11,870	10,283	10,720	0	0	0
Share-based compensation
19,039	17,978	17,418	17,221	17,294	15,577	15,361	14,634	13,425	16,030	16,427	17,212	18,043	16,920	16,976	17,037	17,373	17,951	18,274	18,235	20,081	22,848	31,515	33,277	34,577	35,129	27,440	28,602	28,863	29,361	32,774	32,874	37,525	37,352	39,084	42,878	38,232	35,246	0	0	0
Amortization of debt discount and issuance costs
11,733	11,615	11,518	10,211	7,819	5,456	3,099	1,985	1,973	1,984	1,985	1,985	1,996	1,985	1,981	2,170	2,347	2,521	2,700	2,686	2,687	2,691	2,695	2,698	2,704	2,699	7,343	7,286	8,561	9,824	6,622	8,136	8,279	8,439	8,860	13,261	12,963	12,670	0	0	0
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-359	-297	-507	204	0	0	0
Deferred income taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-344	-302	-266	-196	-633	-769	0	0	0	-	-	-	-	1,204	1,245	1,176	709	760	838	377	211	522	1,654	1,753	1,890	1,582	784	755	696	488	1,499	2,134	1,609	2,068	-377	-303	380	-482	0	0	0
Changes in operating assets and liabilities, net of effects from acquisitions:
Accounts receivable, billed and unbilled
107,111	141,894	133,309	159,589	106,103	72,034	108,560	72,030	60,019	50,831	1,851	17,128	-3,029	-3,471	18,555	22,439	46,365	35,648	19,636	-2,005	12,928	43,072	91,871	113,250	80,053	56,290	13,491	12,328	29,406	3,691	26,512	45,231	70,473	94,178	114,168	83,123	32,291	18,881	0	0	0
Notes receivable
-7,843	-10,445	-8,849	-13,116	-16,018	-8,987	-9,138	-16,901	-10,397	-14,928	-15,268	-10,026	-6,445	-3,145	234	-5,092	-7,962	-3,106	321	2,320	-6,832	18,253	16,166	18,990	33,405	7,544	14,642	13,009	11,476	25,730	19,599	22,977	5,385	3,781	6,982	9,008	20,065	22,159	0	0	0
Prepaid expenses and other assets
19,185	22,648	7,901	60	-4,099	2,258	480	4,469	302	-629	-1,670	950	6,111	2,840	2,736	-620	3,316	3,557	762	3,247	-2,389	-10,733	-2,628	-3,561	-4,612	6,784	507	-983	-6,371	1,895	-3,902	-5,463	-314	-3,933	4,528	2,517	9,806	-1,136	0	0	0
Accounts payable, accrued expenses and other
2,679	-8,907	-14,574	-3,050	-890	8,908	3,748	6,660	13,482	4,421	9,191	-551	-2,064	3,268	-3,976	-351	-15,058	-4,718	600	-4,100	-1,876	980	2,221	12,504	10,717	8,505	-1,244	-12,596	-13,549	-12,458	2,591	10,029	12,669	11,472	23,980	7,576	14,199	18,611	0	0	0
Income taxes
21,295	24,496	-7,035	2,391	-19,836	-8,890	45,857	35,867	35,641	25,811	2,684	-4,230	8,101	22,012	31,324	31,362	30,528	18,491	22,339	26,909	21,491	15,283	3,289	-1,945	4,342	7,963	11,768	25,032	11,748	-6,816	15,571	13,718	11,982	22,227	2,930	3,773	15,833	8,033	0	0	0
Accrued compensation
8,529	61,339	50,459	55,874	21,751	52,510	43,125	7,779	1,855	1,795	1,741	4,337	13,300	40,350	28,784	16,849	14,256	4,780	8,546	17,937	29,692	11,106	52,761	45,966	18,206	82,917	25,858	11,540	17,143	-21,074	-16,759	-9,101	8,069	38,073	34,643	32,121	3,645	9,357	0	0	0
Billings in excess of services provided
-9,672	-8,133	-3,106	9,342	2,320	-3,885	9,400	-3,909	12,529	16,447	-12,456	1,116	-415	779	9,486	7,131	3,421	-5,370	-8,732	-5,383	-3,145	7,577	13,456	10,583	1,912	-2,958	607	5,463	11,565	12,134	-2,436	-15,384	-7,904	-8,618	-1,997	1,377	-2,372	-6,131	0	0	0
Net cash used in operating activities
196,410	217,886	221,266	210,819	197,786	230,672	209,864	195,240	171,512	147,625	145,946	110,655	173,500	233,488	208,192	211,284	158,154	139,920	158,225	181,774	194,863	135,401	109,944	96,798	84,780	193,271	210,370	196,845	175,705	120,188	140,604	129,364	155,204	173,828	146,036	160,275	183,120	195,054	0	0	0
Investing activities
Investing activities
Payments for acquisition of businesses, net of cash received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,467	30,416	30,597	56,433	55,498	77,206	81,855	58,974	62,893	26,453	33,008	39,099	62,346	65,159	91,140	87,384	63,086	0	0	0
Purchases of property and equipment
40,155	42,072	31,455	36,711	34,743	32,270	39,824	35,097	33,853	32,004	26,101	30,079	28,404	28,935	29,580	25,849	28,885	31,399	32,133	35,011	32,953	39,256	51,347	50,192	50,400	42,544	30,219	28,161	30,326	27,759	27,030	32,114	30,894	31,091	32,362	23,673	22,385	22,600	0	0	0
Proceeds from sale or maturity of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,000	0	0	0
Other
-193	-257	-45	-111	-776	-731	-962	-912	-195	-295	-54	-30	-147	-54	-217	-269	-200	-237	-5,153	-5,198	-5,209	-5,128	5,004	5,076	5,071	5,049	-1,375	-174	-242	-246	1,189	-287	-288	211	60	330	-2,093	400	0	0	0
Net cash used in investing activities
-58,753	-60,606	-50,201	13,683	16,316	18,744	11,421	-43,114	-42,587	-40,638	-36,171	-31,244	-29,508	-30,132	-29,419	-25,635	-29,260	-31,737	-35,338	-38,245	-35,600	-57,595	-86,767	-85,865	-111,904	-103,091	-106,050	-109,842	-89,058	-90,406	-54,672	-64,835	-69,705	-93,648	-97,581	-115,143	-107,676	-71,086	0	0	0
Financing activities
Financing activities
Borrowings under revolving line of credit
100,000	45,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	25,000	25,000	25,000	25,000	20,000	0	0	0
Repayments under revolving line of credit
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000	0	0	0
Borrowings under revolving line of credit, net
-	-	-	-	-	-	-	-	38,000	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of long-term debt and capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,031	6,278	6,994	26,262	210,219	210,092	209,747	0	0	0
Deposits
-	-	-	-	-	-	0	0	0	-	0	0	4,485	-	3,627	3,361	4,437	3,227	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase and retirement of common stock
133,049	105,797	104,467	108,411	63,401	55,738	42,029	79,801	145,396	168,094	173,871	121,099	55,504	21,489	0	0	0	-	-	-	-	4,367	22,361	42,372	42,372	66,763	0	0	0	-	-	-	-	209,400	0	0	0	-	-	-	-
Net issuance of common stock under equity compensation plans
-1,807	3,171	10,410	20,744	33,655	38,475	33,091	18,736	4,523	-504	960	11,855	22,267	21,708	21,129	17,357	11,264	16,666	18,732	16,126	11,293	4,772	23,155	25,455	28,237	29,392	7,283	2,003	-384	1,598	12,429	12,634	12,755	11,109	-11,597	-11,116	-8,027	-6,196	0	0	0
Payments for business acquisition liabilities
1,000	2,282	2,282	2,282	1,809	3,029	8,111	8,111	7,663	5,161	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-359	-297	-507	204	0	0	0
Deposits and other
0	-	-	-	0	-	-	-	-	-	-	-	-	5,337	1,169	1,108	886	936	28	-567	-1,116	-1,132	27	-12	262	263	-3,379	-3,853	-4,291	-4,561	-1,021	-415	429	960	-1	51	161	442	0	0	0
Net cash provided by (used in) financing activities
-81,392	-103,311	-403,560	-143,764	-174,210	-117,519	127,720	-177,011	-109,349	-140,934	-178,097	-118,993	-128,152	-125,310	-49,397	-234,778	-236,107	-235,962	-188,091	10,369	-1,386	6,330	7,742	-11,370	106	-43,129	-84,648	-162,237	-167,321	-138,246	-86,315	6,610	-13,780	-198,729	-249,542	-70,462	-43,716	143,852	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-12,443	3,335	-14,902	-8,188	-12,695	-9,789	-1,099	2,930	11,509	7,750	1,099	-4,572	-9,332	-11,648	-9,166	-8,194	-3,631	-6,141	-8,600	-8,322	-9,587	-6,289	-67	2,295	3,320	1,997	1,326	1,807	-1,061	826	-919	-3,903	-1,648	-1,598	-1,865	821	-239	-2,122	0	0	0
Net decrease in cash and cash equivalents
43,822	57,304	-247,397	72,550	27,197	122,108	347,906	-21,955	31,085	-26,197	-67,223	-44,154	6,508	66,398	120,210	-57,323	-110,844	-133,920	-73,804	145,576	148,290	77,847	30,852	1,858	-23,698	49,048	20,998	-73,427	-81,735	-107,638	-1,302	67,236	70,071	-120,147	-202,952	-24,509	31,489	265,698	0	0	0
Supplemental cash flow disclosures
Cash paid for interest
7,292	7,606	15,523	12,134	24,050	21,687	24,289	21,402	23,610	23,285	22,988	26,815	22,661	23,154	22,524	35,160	47,994	46,965	59,877	47,675	48,004	48,169	48,350	48,794	48,226	48,156	50,868	54,618	54,539	57,082	50,273	50,311	50,504	50,655	32,662	42,008	35,456	35,441	0	0	0
Cash paid for income taxes, net of refunds
58,885	50,941	55,129	46,251	52,524	45,568	16,511	15,730	2,371	4,929	13,103	21,113	23,692	20,270	20,177	16,026	15,344	20,654	19,132	20,704	22,426	27,326	36,097	32,371	39,138	35,074	38,507	34,134	27,666	46,918	37,267	42,956	47,969	38,742	38,556	31,857	28,356	33,237	0	0	0
Non-cash investing and financing activities:
Issuance of stock units under incentive compensation plans
2,381	1,413	1,413	1,346	1,346	1,059	1,059	1,059	1,059	1,547	1,547	1,547	1,547	1,842	1,842	1,842	1,842	2,124	2,124	2,124	2,166	1,674	1,674	1,674	1,812	3,005	3,005	3,005	2,825	3,079	3,079	3,079	3,079	4,241	0	0	0	-	-	0	0
Issuance of notes payable to acquire businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39,772	0	0	0