Cedar fair, l.p. (FUN)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
CASH FLOWS FOR OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent

172,365

126,653

215,476

177,688

112,222

104,215

130,302

133,790

108,204

118,363

68,952

58,145

101,857

105,903

117,108

84,807

65,296

8,116

-68,891

-76,326

-33,052

5,308

37,174

48,777

35,429

4,972

-11,093

5,706

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

170,456

155,529

153,222

131,876

125,631

124,286

122,950

122,008

122,487

122,408

125,136

127,013

126,306

127,191

130,416

125,892

125,837

126,382

127,508

-

128,856

-

-

-

132,745

-

-

125,838

Loss on impairment of goodwill and other intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

903

903

2,293

2,293

5,890

5,890

-4,500

4,500

-86,988

-86,988

86,988

Non-cash expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,118

107,512

-

128,572

139,366

139,969

-

136,792

131,116

-

Loss on early debt extinguishment

0

-1,073

-23,121

0

0

-29,261

29,273

0

-34,573

34,573

34,573

34,573

0

0

0

0

0

-

-35,289

-35,289

-35,289

-35,289

0

0

0

0

-

0

Non-cash foreign currency (gain) loss on debt

22,307

-37,724

30,912

14,771

-81,608

-39,088

-

-

-27,786

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash equity based compensation expense

11,910

11,243

13,434

11,878

10,998

9,668

-

-

-

-

-

-

4,476

-

-

-

-239

-

-

-

-89

-

-

-

-26

-

-

716

Gain (Loss) on Disposition of Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Amortization of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

10,417

-

-

-

10,000

-

-

-

5,671

-

-

-

7,773

-

-

7,944

Unrealized foreign currency (gain) loss on notes

-

-

-

-

-

-

-

-

-

-

-

-

8,758

-

-

-

-8,753

-

-

-

17,464

-

-

-

0

-

-

0

Non-cash deferred income tax benefit

-4,106

11,259

-35,770

10,662

-16,056

-2,961

-

-

-

-

-

-

27,502

-

-

-

677

-

-

-

-14,664

-

-

-

-5,684

-

-

-17,827

Loss on impairment / retirement of fixed assets, net

-

-

-

-

-

-

3,122

2,936

-

8,372

31,735

30,844

30,336

34,509

10,389

11,251

11,355

63,509

62,948

62,948

62,752

345

214

214

244

-747

5,190

8,425

Gain on sale of other assets

-

-

-

-

-

-

9,664

8,743

-

15,368

6,625

6,625

6,625

0

0

0

0

-

-

-

0

-

23,098

23,098

23,098

23,098

-

-

Net effect of swaps

-

-

-

-

-

-

-1

1,957

-

-8,141

-6,589

-8,689

1,492

10,930

14,717

15,976

13,119

1,772

9,040

12,506

18,194

19,001

18,779

16,745

9,170

3,084

-

0

Other non-cash expenses

24,460

16,146

13,516

13,300

-15,321

11,236

-22,239

-50,679

15,693

-32,245

-26,932

-22,127

-

608

-31,513

-25,240

-

-14,562

-

-

1,893

-

-

-

257

-

-

445

Excess Tax Benefit from Share-based Compensation, Operating Activities

-

-

-

-

-

-

-

-

-

-

-

-

1,208

-

-

-

0

-

-

-

0

-

-

-

-

-

-

1,729

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

8,166

13,975

2,195

5,887

2,276

6,235

-

-

6,257

-

-

-

10,543

-

-

-

-4,516

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in inventories

211

1,203

3,332

1,208

-607

-46

-

-

-1,535

-

-

-

-5,251

-

-

-

1,045

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in current assets

-

-

-

-

-

-

-

-

317

-

-

-

-3,923

-

-

-

1,785

-

-

-

11,855

-

-

-

-551

-

-

-1,674

(increase) decrease in other assets

5,221

-148

40

53

875

-3,021

-

-

1,737

-

-

-

2,739

-

-

-

-173

-

-

-

-6

-

-

-

-918

-

-

-555

Increase (decrease) in accounts payable

-1,107

549

1,906

-407

3,243

884

-

-

174

-

-

-

170

-

-

-

-1,144

-

-

-

652

-

-

-

-2,635

-

-

-5,101

Increase (decrease) in deferred revenue

36,920

21,564

2,964

13,099

9,149

16,965

-

-

5,491

-

-

-

9,804

-

-

-

3,724

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accrued interest

13,414

-25

-2,002

13

359

-12,554

-

-

8,714

-

-

-

-587

-

-

-

-4,399

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accrued taxes

8,547

-13,842

-15,398

16,888

20,965

2,319

-

-

1,690

-

-

-

1,883

-

-

-

835

-

-

-

-2,242

-

-

-

1,349

-

-

3,725

Increase (decrease) in accrued salaries, wages and benefits

10,674

149

-8,004

5,804

-6,997

4,998

-

-

4,440

-

-

-

-8,576

-

-

-

15,406

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in self-insurance reserves

569

-959

-2,055

3,026

881

-133

-

-

-136

-

-

-

2,625

-

-

-

-206

-

-

-

-383

-

-

-

857

-

-

-559

Increase in deferred revenue and other current liabilities

-

-

-

-

-

-

-

-

-386

-

-

-

-1,986

-

-

-

-561

-

-

-

7,653

-

-

-

20,428

-

-

-2,808

Increase (decrease) in other liabilities

-5,156

-1,293

7,248

-3,561

-8,830

12,999

-

-

2,503

-

-

-

3,897

-

-

-

-5,897

-

-

-

2,391

-

-

-

2,933

-

-

2,486

Net change in working capital

-

-

-

-

-

-

8,074

-1,031

-

6,769

-11,693

-18,152

-

-7,940

26,135

9,337

-

-10,604

-82,747

3,758

-

21,435

9,970

971

-

9,395

8,001

-

Net change in other assets/liabilities

-

-

-

-

-

-

-4,135

-9,338

-

-22,883

-3,721

-5,029

-

-8,549

-8,341

1,348

-

31,624

24,804

-28,851

-

3,783

689

1,372

-

4,667

-16,377

-

Net Cash Provided by (Used in) Operating Activities

403,041

350,740

331,179

358,347

345,950

337,103

294,284

309,082

324,457

324,848

302,706

297,947

285,933

272,554

256,915

220,529

218,177

194,224

209,622

169,315

182,115

169,187

167,666

184,764

185,197

193,929

187,823

215,588

CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from sale of assets

-

-

-

-

-

1,377

-

-

15,297

30,182

-

-

16,058

1,173

1,173

0

0

0

0

-

0

-

-

-

-

-

-

-

Purchase of preferred equity investment

-

-

-

-

-

-

16,674

15,297

-

-

14,885

16,058

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of Canadian real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-53,831

-53,831

-53,831

-53,831

-

0

Capital expenditures

330,662

189,816

188,150

160,656

175,865

166,719

147,848

124,826

120,448

116,761

108,995

103,262

96,232

93,120

103,385

97,355

90,190

84,914

70,130

67,064

71,706

75,609

81,929

71,569

69,136

63,917

62,874

83,481

Sale (purchase) of preferred equity investment

-

-

-

-

2,000

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of identifiable intangible assets

-

-

-

577

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions, net of cash acquired

270,171

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,431

Proceeds from sale of investment

617

112

3,281

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash for investing activities

-600,216

-189,704

-184,869

-161,233

-177,865

-165,342

-131,174

-109,529

-105,151

-86,579

-94,110

-87,204

-80,174

-91,947

-102,212

-97,355

-90,190

-84,914

-70,130

-67,064

-71,706

-75,609

-28,098

-17,738

-15,305

-10,086

-62,874

-77,050

CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings on revolving credit loans

-

-

-

-

-

-

-19,000

-41,000

-

-

-53,000

-59,004

-

-

26,000

27,890

-23,200

0

-112,000

-88,887

23,200

0

61,200

67,300

0

0

12,349

0

Net (payments) borrowings on revolving credit loans - previous credit agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86,300

-

-

-

-63,600

-

-

11,386

Term debt borrowings

0

0

750,000

0

0

-

0

0

630,000

630,000

630,000

630,000

0

0

0

0

22,938

22,938

1,197,938

1,197,938

1,175,000

1,175,000

0

0

0

0

-

0

Note borrowings

500,000

0

500,000

0

0

450,000

450,000

0

500,000

500,000

500,000

500,000

0

0

0

0

0

-

399,383

399,383

399,383

399,383

0

0

0

0

-

0

Derivative settlement

-

-

-

-

-

-

-

-

-

0

-

-

50,450

50,450

50,450

50,450

0

0

0

0

0

-

-

-

-

-

-

-

Repayments of Long-term Debt

5,625

0

617,850

6,000

0

10,000

9,575

11,150

1,142,250

1,132,675

1,141,675

1,156,100

25,000

25,000

36,950

23,900

23,900

41,838

1,525,954

1,526,890

1,566,890

1,609,066

174,886

188,329

161,329

109,941

-

-

Repayments of Notes Payable

0

0

515,458

0

0

-426,148

426,148

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term debt payments, including early termination penalties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,417

17,450

Distributions paid to partners

210,011

203,199

194,756

187,182

172,614

159,432

152,094

147,728

143,457

126,706

114,093

101,482

88,813

105,308

89,742

73,070

55,347

30,438

23,796

18,261

13,834

13,802

27,604

41,402

67,864

80,493

93,115

105,078

Payments of Debt Issuance Costs

8,262

2,543

19,809

0

0

9,795

10,280

-242

23,532

22,812

22,758

23,491

0

723

723

723

21,214

22,757

63,754

63,754

43,264

40,997

7,694

7,694

7,694

7,694

-

0

Exercise of limited partnership unit options

0

125

65

0

0

-

24

24

52

43

57

57

76

53

53

53

5

7

7

7

7

0

0

0

4

-

-

4,541

Tax effect of units involved in treasury unit transactions

-1,383

-2,530

-4,440

-422

-1,589

140

260

414

855

1,515

1,517

1,519

1,208

-454

-438

-437

0

0

0

0

0

-

-

-

-

-

-

1,729

Payments related to tax withholding for equity compensation

4,250

8,428

4,173

920

3,733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from financing activities

270,469

-216,575

-106,421

-194,524

-177,936

-155,235

-166,813

-199,198

-178,332

-150,635

-199,952

-208,501

-162,979

-181,882

-152,250

-120,637

-100,718

-72,088

-128,176

-100,464

-112,698

-89,482

-148,984

-170,125

-173,283

-198,128

-124,183

-127,644

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

3,609

-5,357

3,640

569

-2,432

-2,742

209

-1,526

-1,748

-254

-945

477

526

1,065

-2,203

-2,473

-1,510

-2,611

433

94

126

1,402

1,364

567

1,446

-1,206

-1,695

-2,522

CASH AND CASH EQUIVALENTS
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect

76,903

-60,896

43,529

3,159

-12,283

13,784

-3,494

-1,171

39,226

87,380

7,699

2,719

43,306

-210

250

64

25,759

34,611

11,749

1,881

-2,163

5,498

-8,052

-2,532

-1,945

-15,491

-929

8,372

SUPPLEMENTAL INFORMATION
Cash payments for interest expense

85,596

84,947

85,975

82,015

84,963

104,198

111,650

96,509

90,834

94,717

90,000

102,703

101,883

114,470

129,692

139,126

153,326

165,480

149,749

149,978

129,815

126,557

122,512

120,047

117,008

115,357

116,938

120,340

Interest capitalized

3,001

2,864

2,524

2,331

3,094

2,983

1,361

1,500

1,610

1,406

1,365

1,086

1,322

2,951

2,867

2,188

1,835

1,011

993

945

1,343

1,713

1,917

1,851

1,617

1,489

1,612

1,623

Cash payments for income taxes, net of refunds

40,793

42,159

55,989

44,502

19,976

11,162

13,715

13,475

14,822

4,768

4,005

3,597

1,783

8,876

7,309

6,207

6,135

8,763

10,567

16,572

19,074

21,888

21,944

19,977

18,966

16,611

16,860

14,619

Capital expenditures in accounts payable

9,073

5,083

5,365

5,425

2,357

12,262

-

-

4,099

-

-

-

1,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-