GAMCO INVESTORS, INC. ET AL GBL Cash Flow

Gamco investors, inc. et al (GBL)

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
Cash flows from operating activities:
Net income
73,270	81,917	80,872	102,262	109,827	117,196	107,354	88,938	80,250	77,809	97,006	111,267	115,916	117,121	103,995	88,103	84,661	83,412	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	110,908	123,560	122,149	116,853	101,463	87,358	74,309	75,595	81,474	69,544	75,360	69,675	0	0	0
Loss from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,887	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87,299	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in net gains from partnerships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	2,714	1,879	1,802	5,948	5,237	617	1,434	1,060	0	0	0
Depreciation and amortization
1,118	1,222	1,077	916	729	562	599	602	590	595	594	606	621	625	622	620	618	618	628	644	655	669	651	679	716	749	802	824	799	777	763	728	731	825	0	0	0
Accretion of discounts and amortization of premiums
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Actual stock based compensation expense
3,205	2,841	2,576	2,234	2,010	1,620	2,530	4,132	8,157	8,669	7,882	6,965	3,621	3,959	8,203	8,661	9,266	9,868	5,019	5,160	5,217	5,278	5,974	4,930	3,247	1,562	11,738	11,872	12,727	13,583	3,283	3,065	2,881	2,588	0	0	0
Deferred income taxes
-511	-4,777	-5,232	2,904	4,937	-487	5,438	-3,649	-3,104	-5,451	-10,836	-9,219	-7,277	-5,537	-862	1,052	-2,016	1,166	5,063	3,103	5,977	3,493	-5,080	-3,046	-2,902	-113	8,291	8,491	8,460	8,504	1,545	-1,307	-1,655	-1,521	0	0	0
Tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102	102	102	176	349	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-
Foreign currency translation gain/ (loss)
46	-35	53	38	75	6	-23	-64	-161	-82	-32	24	126	164	145	152	32	46	64	74	107	57	-4	-98	-77	-20	-2	81	60	28	26	10	33	-8	0	0	0
The cost basis of donated securities during the period.
910	2,601	2,622	2,841	2,016	325	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other-than-temporary loss on available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other-than-temporary loss on available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
The fair value of donated securities during the period.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,486	1,515	3,096	3,012	1,893	1,935	544	513	448	671	404	250	167	0	0	0
Unrealized loss on securities
-9,703	-4,717	-24,579	-20,339	-19,552	-18,632	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized loss on available for sale securities
-598	-74	-6	-6	-6	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write down of Goodwill
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sales of available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	5	5	6	-2,919	-2,571	-1,022	587	-11,356	-5,959	2,339	1,324	16,253	11,603	1,883	1,565	1,691	596	950	772	0	0	0
Accretion of zero coupon debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	628	726	821	875	885	950	1,048	1,153	1,253	1,211	1,303	2,298	3,155	4,087	4,835	4,635	4,572	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,067	-310	-320	-235	-84	-945	-935	-1,003	-998	-137	-6,443	-6,306	-6,307	-6,305	1	1	2	0	0	0
(Increase) decrease in assets:
Investments in securities
2,193	3,154	22,627	18,838	16,266	13,568	-66,734	-2,731	-5,362	-8	59,980	10	7	-186	17	17	17	240	-22,376	9,899	-324	0	10,646	-7,361	-5,214	0	-5,504	-29,849	-25,240	-17,174	63,763	-2,556	27,301	58,286	0	0	0
Contributions to partnerships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-10,674	-9,921	-7,642	-27,443	-29,093	-30,543	-32,193	-15,483	0	0	0
Distributions from partnerships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-18,242	-19,385	-16,870	-36,735	-83,463	-81,090	-79,974	-57,148	0	0	0
Receivable from brokers
278	-2,434	1,920	1,194	1,653	1,845	1,312	2,151	1,353	1,125	998	613	-612	-638	-813	-1,260	-965	-592	-29,895	-8,622	-3,151	1,055	37,853	21,098	11,322	628	-11,305	-1,845	15,286	29,742	38,155	55,606	36,051	30,039	0	0	0
Investment advisory fees receivable
-3,809	10,416	-1,236	-5,671	-4,092	-13,035	-538	1,041	-2,659	-5,024	-1,058	-4,315	198	12,688	-31	639	-2,630	-6,679	733	4,194	4,457	-8,528	-980	3,004	2,426	8,093	1,964	2,214	2,431	10,272	5,651	195	2,117	-12,718	0	0	0
Receivable from affiliates
-511	-257	-723	-449	-358	-1,532	-346	-517	-629	-329	38	4,894	75	927	-23,200	-28,198	-23,112	-21,393	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The increase (decrease) during the reporting period in income taxes receivable and deferred tax assets.
0	-	0	0	0	-	-18,570	-7,346	-5,113	1,105	14,307	7,457	10,377	2,562	8,225	9,602	19	4,354	-24	1,226	1,988	1,988	2,002	667	-473	-570	-584	12	882	979	791	163	-263	-286	0	0	0
Other assets
793	2,037	2,039	1,704	879	-234	-610	-583	-547	73	278	-343	265	69	554	1,150	-176	-529	-11,343	-15,938	-10,930	-10,289	-5,098	9,886	6,350	2,901	13,143	2,882	1,458	-338	-2,810	-2,119	-493	5,659	0	0	0
Increase (decrease) in liabilities:
Payable to brokers
-478	-112	3	-595	-50	-698	-15,046	-5,711	-11,228	-990	3,109	4,626	10,022	54	9,669	-1,212	-45	1	-36,256	-8,601	-1,324	-752	36,460	9,217	656	763	-13,363	-5,127	-7,307	3,576	12,448	17,163	14,368	9,216	0	0	0
The increase (decrease) during the reporting period in income taxes payable and deferred tax liabilities.
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes payable
-	-	-	-	-	-	-	-	-	-689	12,181	10,777	16,125	2,768	-3,436	-7,768	-6,869	-10,401	-4,295	-697	-1,035	-896	-10,801	-8,496	-1,637	-2,238	6,847	6,384	-1,627	432	-10,984	-5,749	2,519	-4,456	0	0	0
Compensation payable
-37,848	3,869	9,460	-32,288	-25,187	-22,496	-12,509	43,983	42,031	40,517	51,424	28,051	23,085	17,969	-52,219	-37,203	-19,600	-6,369	5,144	8,882	12,358	11,116	-3,372	-1,474	-3,964	13,394	52,176	30,657	5,840	-7,162	2,438	-497	5,954	-6,076	0	0	0
Payable to affiliates
265	2,941	240	-544	-864	186	-2,841	-1,408	-664	-557	-4,698	1,160	-2,226	-6,275	7,527	1,022	3,726	7,333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mandatorily redeemable noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	-4	19	0	29	30	47	44	214	206	156	137	0	0	0
Accrued expenses and other liabilities
1,355	5,788	7,743	3,110	2,892	3,297	3,884	-556	-430	-714	-7,859	-1,847	-1,921	144	-679	1,189	-2,426	987	3,852	-521	3,847	-2,257	3,665	2,513	-1,586	8,448	-71	2,721	6,088	2,179	-1,534	-5,137	347	2,651	0	0	0
Total adjustments
-22,894	8,074	16,617	-22,014	-15,525	686	61,249	47,061	36,683	48,882	-21,252	33,229	32,111	-1,384	-14,873	-14,402	11,176	29,831	55,363	30,494	43,278	34,175	-12,734	-26,052	-29,673	14,664	60,590	86,680	44,857	10,150	0	0	0	-	-	-	-
Net cash provided by operating activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	101,352	117,130	153,169	126,401	144,733	140,458	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Total adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash provided by operating activities
50,376	89,991	97,489	80,248	94,302	117,882	168,603	135,999	116,933	126,691	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	42,054	80,809	85,884	36,363	0	0	0
Cash flows from investing activities:
Purchases of securities
1,842	5,084	7,466	7,461	5,781	2,388	0	0	0	-	-	-	-	-	-	-	-	6,279	-1,228	-330	242	5,024	2,223	5,799	9,176	4,398	8,431	5,213	1,268	1,268	1,268	16	4,378	4,378	0	0	0
Proceeds from sales of securities
3,549	314	252	252	252	0	3,848	4,169	4,169	4,169	321	0	100	408	438	438	357	81	-4,090	-2,590	29	3,877	-19,142	-10,198	3,799	5,262	32,538	24,382	8,002	3,184	3,437	1,149	6,478	6,054	0	0	0
The cash inflow from return of capital on available for sale securities.
11	14	12	5	5	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-1,975	-2,314	-2,571	-2,531	-2,694	-2,371	-2,246	-2,306	0	0	0
Net cash used in investing activities
1,718	-4,756	-7,202	-7,204	-5,524	-2,388	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	4,863	3,504	4,346	3,982	0	0	0
Cash flows from financing activities:
Repurchase of zero coupon subordinated debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Dividends paid
2,718	2,756	2,221	2,254	2,321	2,328	2,906	2,915	2,315	2,315	2,318	2,319	2,326	2,333	3,968	5,128	6,294	7,468	13,303	13,078	12,849	12,618	18,878	18,899	18,660	18,419	64,359	70,694	77,026	76,809	44,069	37,266	30,733	30,477	0	0	0
Purchase of treasury stock
35,756	37,357	36,124	34,579	9,848	10,610	14,795	16,419	13,838	14,324	11,015	14,199	13,670	10,773	14,103	17,564	24,951	27,249	29,195	26,057	26,288	32,739	30,608	26,191	22,450	14,768	51,776	51,084	46,922	54,928	12,786	11,013	23,282	20,408	0	0	0
Repayment of principal portion of lease liability
189	180	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from redeemable noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	5,013	6,556	14,768	24,189	27,590	30,029	26,795	22,418	0	0	0
Redemptions of redeemable noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	19,859	26,070	15,364	13,069	8,566	1,894	1,504	2,340	0	0	0
Net cash provided by (used in) investing activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,922	-6,198	-3,689	-2,821	-536	-1,147	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of Zero coupon subordinated debentures due December 31, 2015
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,101	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The cash outflow for the extinguishment of long-term borrowing before its maturity.
-	-	-	-	-	-	-	-	-	-	-	-	160,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of GGCP loan due December 28, 2016
-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,000	35,000	15,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of AC 1.6% Note due February 28, 2018
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The cash inflow from sale of margin loans.
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The cash outflow from the repayment of margin loans.
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The expensing of upfront debt issuance costs over the life of the debt.
0	-	-	-	0	-	-	-	178	187	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The net cash inflow (or cash outflow) from funds transferred to affiliates during the period.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21,739	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Noncontrolling Interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,167	1,167	1,167	791	1,637	1,637	1,637	846	76	215	938	996	920	0	0	0	-	-	-	-
Amortization of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-153,681	-109,923	-108,594	-71,044	-95,140	-131,139	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54,335	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-41,463	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,871	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-38,660	-40,293	-38,453	-62,531	-51,781	-92,029	-199,124	-185,106	-177,904	-148,902	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-93,628	-20,467	69,979	67,896	0	0	0
Effect of exchange rates on cash and cash equivalents
11	-8	11	7	9	-84	-90	-97	-113	-17	-5	6	29	38	35	41	11	15	22	26	33	19	-2	-36	-28	-7	0	9	15	-12	-9	6	1	0	0	0	0
Net increase in cash and cash equivalents
13,445	44,934	51,845	10,520	37,006	23,381	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-21,991	27,245	66,181	60,185	26,093	-28,709	13,022	16,784	1,025	-96,324	-96,752	-32,345	1,779	93,327	65,031	-49,894	160	-43,274	-101,664	-51,277	-85,732	-46,720	63,852	160,210	108,241	0	0	0
Increase in cash from deconsolidation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in cash from deconsolidation of partnership
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,502	0	0	0
Supplemental disclosures of cash flow information:
Cash paid for interest
2,539	2,539	2,478	3,507	3,517	3,622	8,254	9,742	9,767	12,180	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,009	-	6,355	6,466	6,576	6,671	7,037	7,074	9,806	9,797	11,972	11,332	10,012	10,049	10,669	11,251	9,590	9,539	0	0	0
Cash paid for taxes
26,910	26,874	31,829	33,854	36,204	36,400	34,202	42,801	62,437	62,259	72,650	74,789	70,883	75,238	65,286	64,178	55,716	59,657	66,734	67,916	68,519	70,103	64,420	63,819	55,354	51,964	40,967	31,792	33,340	32,106	53,512	47,506	42,331	45,460	0	0	0
A loan a brokerage customer takes on by trading on margin.
Issuance of debt
-	-	-	-	-	11,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of debt
-	-	-	-	-	25,115	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
A promissory note issued in connection with the spin-off of AC on November 30, 2015.
Repayment of debt
-	-	-	-	-	50,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
A promissory note issued on December 26, 2017.
Repayment of debt
-	-	-	-	-	15,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-