GOLDEN ENTERTAINMENT, INC. GDEN Cash Flow

Golden entertainment, inc. (GDEN)

CashFlow / Quarterly

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 loss
-32,620	-7,672	-9,447	-14,408	-8,018	-25,314	-3,124	3,594	3,930	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	-1,768	-	-	-	-	1,972	-991	424	1,755	-12,691	-56	9,485	1,380
Net income
-	-	-	-	-	-	-	-	-	-	-	-	5,342	-	1,302	2,800	2,239	23,406	3,018	-179	-1,725	-	-	-	-	-859	19,599	244	-333	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
31,156	29,740	29,611	29,976	27,265	23,035	23,330	22,854	25,237	19,287	7,539	7,408	6,552	7,644	7,223	6,847	5,792	3,939	5,102	878	879	900	896	864	853	1,513	759	460	257	340	229	52	54	-	-	-	-
Impairment of goodwill
6,461	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion and amortization of discounts and premiums on short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	36	99	105	62	52	69	93	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of interest and additions to long-term interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,256	1,143	1,051	2,814	-921	-	-	-	-
Accretion of interest and additions to long-term interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	684
Amortization of intangible assets related to Indian casino projects
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	187	265	264	264	264	264	264	264	264	9,217	1,943
Share-based compensation
2,153	1,205	2,578	2,122	4,140	2,578	2,501	2,718	1,844	3,402	1,603	2,322	1,427	1,369	1,654	450	405	399	291	60	59	60	67	71	72	82	113	161	122	90	94	94	108	143	107	184	176
Amortization of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	192	193	153	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	57
Amortization of debt issuance costs and discounts on debt
1,113	1,105	956	1,210	1,261	1,263	1,248	1,284	1,267	1,032	183	187	191	-	-	-	-	162	141	109	113	118	124	129	132	94	138	181	208	218	228	242	252	267	273	321	321
Loss on disposal of assets
-589	-320	233	-585	-247	-2,267	-774	-218	-77	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	1	-25	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative
-1	-79	-352	-1,489	-2,248	-4,109	1,222	1,462	3,211	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of cost method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized gains on notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	742
Impairments and other losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	139	1,986	1,399	929	-	1,102	635	874
Impairments and other losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	331	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
423	291	199	-1,344	-651	10,486	-213	-266	373	2,973	-7,947	-1,135	-1,716	-5,101	106	611	59	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-31	0	0	-18	-	-	-	-2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable
-4,268	2,307	-1,408	-781	1,734	-2,367	1,849	-749	-646	174	1,689	488	-758	2,178	-886	422	1,437	161	-1,416	137	85	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes receivable
370	-	-	0	-193	-	-	-1,162	-846	-	4	0	-2,146	-	-	-	-	-221	206	93	-155	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-300	150	-	-	-	-
Prepaid expenses
755	898	-2,301	-37	980	1,025	53	-5	-2,542	-2,283	6,965	-4,575	-181	894	589	2,969	-642	-763	-2,173	701	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories and other current assets
-827	2,034	-1,740	1,730	-527	2,041	-1,225	1,756	-797	-2,008	-232	-33	720	-192	-120	179	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	13	-18	3,305	21	-140	-1,875	-2,219	-8,798	8,473	-8,750
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	-1,016	1,168
Management fees receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,058	-898	-1,027	4,623	-669	-2,112	420	-	-	-	-
Other assets
55	-	-	-	-411	-	-	-	-	1,497	-440	-4	1,003	-	55	192	23	-	-	-	-	-	-149	341	155	-	-369	570	1,286	-231	565	138	-245	-82	254	-838	512
Accounts payable and other accrued expenses
-492	-6,291	9,145	8,438	277	5,397	-4,147	-806	-5,359	-27,841	4,450	3,282	-2,410	-165	-300	-600	2,645	1,976	-602	-606	132	252	-462	676	51	-775	44	-454	1,406	427	1,021	148	178	-263	148	-142	-164
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-340	-52	161	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued taxes, other than income taxes
-1,503	555	-1,126	-768	1,523	166	-331	-766	807	2,576	-187	-1,598	-280	2,405	-207	-18	13	186	-98	-250	168	32	-169	6	108	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-39	1,503	-616	-521	54	1,523	28	-239	263	252	62	-59	233	334	396	112	348	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	10,701	-	10,384	6,633	10,787	10,100	768	-545	-981	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
11,157	15,861	36,675	34,606	26,763	24,929	15,830	27,132	30,059	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,661	1,740	-589	-	4,915	35	391	-	-	-	1,069	-4,134	-3,260	29,282	-7,269
Cash flows from investing activities
Payments to acquire investment in unconsolidated investee
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	836	-	-	-	-	0	7,352	0	4,862
Sales and maturities of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,703	13,404	42,325	-	-	-	-	-	-	-	-	-	-	-	-
Changes in long-term management fees receivable and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-77	-76	-64	-50	-	-	-	-
Change in management fees receivable and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	670
Purchase of property and equipment, net of change in construction payables
18,541	26,065	27,981	26,127	27,094	19,236	21,491	17,206	10,242	11,080	7,301	5,402	5,680	6,426	6,430	9,272	8,506	5,064	1,330	422	1,130	52	928	2,819	717	2,480	2,407	7,565	8,243	1,923	1,257	610	5	21	229	2	5
Acquisition of business, net of cash acquired
-	1	0	0	148,952	-	-	-	-	-	-	-	-	0	0	25,343	15,930	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of property and equipment
353	140	14	67	26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	1	16	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	996	24,141	11,772	9,724	10,515	41,875	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-36,182	40,397	6,480	24,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Collection on notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	59,075	99	79	0	0	0	1,076	301	806	1,388	1,777
Issuance of notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	107	-	-	-	0	-	-	-	-	-	-	-	-	0	0	1,128	941	1,603	1,829	1,491	2,125
Proceeds from sale of cost method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
-	44	-262	250	45	-	-	-	-28	-	-	121	75	115	7	17	2,059	368	1,419	-21	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-5,755	-	-6,037	-34,632	-26,602	18,162	62,437	9,492	-42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-2	-21	-	-	-	2	-52	-103	74	4	105	-3	4	3
Net cash used in investing activities
-18,188	-25,925	-27,750	-26,310	-176,065	-19,167	-22,591	-17,234	-10,214	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,707	73	-230	-	8,056	-7,439	-9,002	-1,426	-7,911	-6,204	176	-1,286	-12,535	759	-5,888
Cash flows from financing activities
Borrowings under revolving credit facility
200,000	0	0	0	145,000	-	-	-	-	-	-	-	-	-	-	-	15,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of revolving credit facility
-	-	-	-	-	-	-	-	-	32,000	-2,000	3,000	3,000	-	-	-	40,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from term loans
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	40,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net repayments of Revolving Credit Facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of term loan
-	0	0	218,000	2,000	2,000	2,000	2,000	2,000	141,000	6,000	0	3,000	3,000	2,000	2,000	1,500	2,014	201,649	455	442	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of notes payable
1,824	870	1,319	26	855	185	105	107	109	285	1,757	596	696	522	254	403	882	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments under finance leases
629	1,218	438	462	367	-	-	-	229	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholding on share-based payments
428	0	10	3	288	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments under capital leases
-	-	-	-	-	-	-	-	-	-	458	14	136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	0	84	0	416	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	431	429	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of common stock
2	-	-	-	-	-312	1,273	361	25,608	1	15	-5	158	-	75	813	890	133	19	0	16	-1	2	120	13	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-6,674	-	-26,089	23,250	13,092	-2,241	-62,508	-455	-426	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interest member contributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	139	-	-	-	-
Contract acquisition costs payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	333	500	500	500	500	500	500	500	500	1,081	650
Net cash provided by financing activities
197,121	-2,087	-1,785	134	141,490	-22,058	-1,202	-3,262	23,270	-	-	-	-	-	-	-	-	-	-	-	-	-	-440	-311	-416	-	2,208	10,788	-500	-918	-500	-1,090	-361	-319	-295	-1,081	-650
Cash and cash equivalents
Change in cash and cash equivalents
190,090	-12,151	7,140	8,430	-7,812	-16,296	-7,963	6,636	43,115	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) for the period
-	-	-	-	-	-	-	-	-	-	-	-	-6,674	-	-21,742	-4,749	-2,723	26,021	697	8,492	-1,449	2,060	-4,808	1,502	-1,235	-4,035	15,179	3,384	-9,111	3,687	-6,418	-4,230	884	-5,739	-16,090	28,960	-13,807
Supplemental cash flow disclosures
Cash paid for interest
2,952	25,059	9,924	12,173	16,579	15,894	15,193	14,840	14,615	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	1,483	-	1,496	1,447	1,305	1,161	845	156	159	166	174	180	181	-	-	-	-	-	-	-	-	-	-	-	-
Cash received for income taxes, net
-	0	0	0	-193	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	260	-115	-145	18	-	-	-	-
Non-cash investing and financing activities
Payables incurred for capital expenditures
2,292	5,641	-443	5,813	4,064	7,917	44	1,984	1,652	-	-	-	-	-	-	-	-	-	-	-	0	-133	-1,058	950	266	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of right-of-use asset
-	0	0	0	12,272	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable issued for property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	376	0	0	345	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets acquired under capital lease obligations
-	-	-	-	-	-	-	-	-	-	315	722	1,978	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued in connection with acquisition
-	0	0	0	16,608	-	-	-	-	-	-	-	-	0	0	0	500	-	-	-	0	-	-	-	-	-	-	-1,050	1,956	0	0	0	7	-	-	-	-