GREEN DOT CORP GDOT Cash Flow

Green dot corp (GDOT)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Jul'09
Operating activities
Net income
99,897	118,703	85,887	41,600	38,415	42,693	34,040	47,219	52,083	42,232	37,163
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property, equipment and internal-use software
49,489	38,581	33,470	39,460	38,509	32,454	26,971	18,131	12,330	7,588	4,593
Amortization of intangible assets
32,600	32,800	31,100	23,000	23,205	4,530	100	-	-	-	-
Provision for uncollectible overdrawn accounts from purchase transactions
86,451	79,790	77,145	74,841	63,294	-	47,273	62,345	60,562	46,093	22,548
Employee stock-based compensation
29,583	50,093	40,734	28,321	27,011	20,329	14,703	12,734	9,524	7,256	2,468
Excess tax benefits from equity awards
-	-	-	-	-	-	-	2,738	2,951	24,842	0
Stock-based retailer incentive compensation
-	-	-	-	2,520	8,932	8,722	8,251	17,337	13,369	0
Amortization of premium (discount) on available-for-sale investment securities
-117	1,042	1,510	1,357	1,167	1,105	778	1,188	251	0	0
Net realized loss (gain) on investment securities
-	-	-	-	-	-	-	11	0	0	-
Recovery for uncollectible trade receivables
-	-	-	-	-	-	-	-359	455	-13	61
Change in fair value of contingent consideration
-1,866	3,298	-9,672	-2,500	-8,200	-698	0	0	-	-	-
Amortization of deferred financing costs
1,334	1,594	1,589	1,534	1,535	289	0	0	-	-	-
Impairment of capitalized software
578	922	1,326	142	5,881	0	5,216	1,029	397	409	405
Deferred income tax expense (benefit)
6,876	-234	2,780	1,270	-406	463	5,464	5,792	251	-704	-1,731
Changes in operating assets and liabilities:
Settlement assets
-	-	-	-	-	-	-	-	-	-	18,125
Accounts receivable, net
105,052	85,455	68,368	74,851	54,450	30,479	48,198	66,099	70,510	51,754	29,853
Prepaid expenses and other assets
12,032	9,930	16,841	-1,131	5,766	-1,086	-5,069	21,325	2,838	1,042	903
Deferred expenses
-4,310	-590	2,098	2,138	-2,817	1,887	2,929	-94	3,100	1,304	-2,297
Accounts payable and other accrued liabilities
-8,145	12,471	27,982	-19,156	13,179	1,167	26,915	31,475	-4,489	16,042	3,170
Deferred revenue
-6,711	4,675	4,689	2,004	-1,617	-319	5,260	-1,962	4,261	2,113	-978
Settlement obligations
-	-	-	-	-	-	-	-	-	-	18,125
Amounts due to card issuing banks for overdrawn accounts
-	-	-	-	-	-48,706	-794	7,571	7,085	11,646	-5,309
Income tax receivable/payable
11,682	-1,253	5,067	-3,662	10,217	29	-6,097	-1,307	13,403	16,414	1,366
Other, net
-1,021	-3,403	-2,000	-2,141	369	-44	-13	-	-	-	-
Net cash provided by operating activities
189,914	251,051	218,310	114,515	156,942	69,217	122,508	102,028	94,051	83,503	35,297
Investing activities
Purchases of available-for-sale investment securities
189,066	186,884	58,665	135,920	195,132	212,446	274,072	271,869	45,056	0	0
Proceeds from maturities of available-for-sale securities
110,971	60,449	71,338	105,544	84,435	153,265	173,135	37,563	20,152	0	0
Proceeds from sales of available-for-sale securities
4,915	78,385	40,310	1,430	47,953	136,425	84,969	81,474	0	0	-
Increase in restricted cash
-	-	-	-	199	-1,360	2,336	-12,292	7,791	-10,246	13,039
Payments for acquisition of property and equipment
78,214	61,030	44,142	43,273	47,837	39,338	35,742	40,441	23,076	13,459	6,361
Net decrease in loans
2,459	5,887	12,511	-220	-271	-352	-650	-2,484	-245	0	0
Business acquisition, net of cash acquired
0	0	141,493	0	65,209	226,964	0	31,823	5,085	0	0
Net cash used in investing activities
-153,853	-114,967	-145,163	-71,999	-175,718	-187,346	-53,396	-210,320	-50,441	-3,213	-19,400
Financing activities
Borrowings from notes payable
0	0	20,000	0	0	150,000	0	-	-	-	-
Repayments of borrowings from notes payable
60,000	22,500	42,500	22,500	22,500	0	0	-	-	-	-
Borrowings on revolving line of credit
35,000	0	335,000	145,000	30,001	0	0	0	-	-	12,404
Repayments on revolving line of credit
0	0	335,000	145,000	30,001	0	0	-	-	-	12,404
Proceeds from exercise of options
7,226	21,880	24,161	14,917	3,832	9,960	15,926	3,550	6,138	6,068	110
Excess tax benefits from stock compensation
-	-	-	-	-	3,945	2,748	2,738	2,951	24,842	0
Taxes paid related to net share settlement of equity awards
21,338	46,007	18,077	8,223	5,124	3,224	1,501	-	-	-	-
Net increase in deposits
146,100	-16,733	284,766	85,269	86,744	345,821	21,129	159,494	5,231	0	0
Net decrease in obligations to customers
66,760	-17,255	20,926	83,372	-45,372	79,442	-19,616	-13,668	0	0	-
Contingent consideration payments
4,634	4,856	3,104	2,755	1,071	242	0	-	-	-	-
Repurchase of Class A common stock
100,000	0	51,969	59,013	40,986	0	0	-	-	-	-
Deferred financing costs
719	0	164	0	0	7,672	0	0	-	-	-
Exercise of call option on warrant
-	-	-	-	-	-	-	-	-	-	-1,958
Issuance of preferred shares and freestanding warrant
-	-	-	-	-	-	-	-	-	-	13,000
Redemption fo preferred and common shares
-	-	-	-	-	-	-	-	-	-	39,770
Proceeds from the repayment of related party notes receivable
-	-	-	-	-	-	-	-	-	-	0
Net cash provided by financing activities
-65,125	-50,961	192,187	-75,677	66,267	419,146	57,918	179,450	14,320	30,910	-28,618
Net increase in unrestricted cash, cash equivalents and restricted cash
-29,064	85,123	265,334	-33,161	47,491	301,017	127,030	71,158	57,930	111,200	-12,721
Supplemental Cash Flow Information [Abstract]
Cash paid for interest
2,452	4,888	4,520	7,586	4,410	1,276	73	98	108	42	1
Cash (refund from)/paid for income taxes
1,921	6,233	9,603	22,316	9,892	21,602	16,351	28,203	18,291	14,282	27,403