Ftd companies, inc. (FTD)
CashFlow / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Cash flows from operating activities:
Net loss

-224,729

-234,041

-83,191

-80,142

21,528

12,502

21,174

15,721

Adjustments to reconcile net loss to net cash provided by/(used for) operating activities:
Depreciation and amortization

14,939

33,474

85,099

85,251

21,759

31,856

35,358

34,022

Impairment of goodwill, intangible assets, and other long-lived assets

206,704

300,342

84,000

85,000

0

-

-

-

Stock-based compensation

14,684

11,098

16,985

12,912

7,351

4,837

5,113

5,074

Provision for doubtful accounts receivable

2,510

2,092

3,423

1,690

1,721

1,548

2,154

2,152

Amortization of deferred financing fees

4,702

1,360

1,360

1,360

938

857

1,010

1,484

Impairment of long-lived assets related to restructuring activities

0

0

723

1,282

0

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-6,078

Non-cash allocations from United Online Inc., net

-

-

-

-

-

934

2,281

1,815

Deferred taxes, net

-21,802

-56,177

-25,992

-17,984

-9,637

-6,911

-11,528

-8,982

Excess tax (benefits)/shortfalls from equity awards

-

-

-

-

468

135

-4

-45

Gains on life insurance

0

0

1,583

0

0

-

-

-

Gain on sale of business

2,309

0

0

-

-

-

-

-

Other, net

171

26

-133

-45

-185

-2,750

-19

-378

Changes in operating assets and liabilities:
Accounts receivable, net

1,485

1,041

2,371

-3,837

2,212

831

3,628

338

Inventories

2,146

116

-461

-701

140

437

2,619

26

Prepaid expenses and other assets

-4,306

-2,149

-598

-3,518

-2,247

1,717

-949

-

Other assets

-

-

-

-

-

-

-

985

Accounts payable and accrued liabilities

-7,834

-4,947

-9,286

1,825

2,739

-2,221

8,879

-

Interest payable

858

90

90

-

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-2,921

Deferred revenue

-24

226

-308

-4,744

1,181

979

1,475

1,623

Income taxes receivable or payable

-1,525

-1,376

6,741

-4,026

269

-7,440

7,238

500

Intercompany payable to United Online, Inc.

-

-

-

-

-

-1,653

66

-12,428

Other liabilities

2,083

-290

-638

-7,931

-77

-715

-982

566

Net cash provided by/(used for) operating activities

-11,239

52,817

76,244

82,594

47,384

34,203

66,955

43,688

Cash flows from investing activities:
Cash paid for acquisitions, net of cash acquired

0

2,469

0

9,935

106,616

-

3,914

-

Purchases of property and equipment

33,756

15,103

18,503

18,255

7,486

-

-

-

Purchases of property and equipment

-

-

-

-

-

10,830

6,429

8,064

Purchases of intangible assets

-

-

-

-

-

-

78

-

Proceeds from life insurance

10,003

0

1,946

0

0

-

-

-

Proceeds from sale of business

2,186

0

0

-

-

-

-

-

Proceeds from sales of investments

-

-

-

-

-

124

40

167

Purchases of investments

-

-

-

-

-

61

128

-

Net cash used for investing activities

-21,567

-17,572

-16,557

-28,190

-114,102

-10,767

-10,509

-7,897

Cash flows from financing activities:
Proceeds from revolving lines of credit

283,000

90,000

0

10,000

320,000

220,000

-

261,325

Payments on term debt and revolving lines of credit

257,346

178,000

20,000

50,000

200,000

246,013

17,663

265,950

Payments for debt financing fees

5,763

0

0

-

3,948

3,229

-

778

Purchases from employee stock plans

537

1,515

2,237

1,644

754

4,791

-

-

Repurchases of common stock withheld for taxes

517

1,998

2,302

2,605

-

-

-

-

Repurchases of common stock

0

0

15,221

50,000

2,373

42

-

-

Excess tax benefits/(shortfalls) from equity awards

-

-

-

-

468

135

4

45

Net cash provided by/(used for) financing activities

19,911

-88,483

-35,286

-90,961

114,901

-42,559

-36,958

-20,358

Dividends paid to United Online, Inc.

-

-

-

-

-

18,201

19,299

15,000

Effect of foreign currency exchange rate changes on cash and cash equivalents

-374

1,732

-1,291

-1,146

-750

-62

801

-250

Change in cash and cash equivalents

-13,269

-51,506

23,110

-37,703

47,433

-19,185

20,289

15,183