Genesis Healthcare, Inc. GEN Cash Flow

Genesis healthcare, inc. (GEN)

CashFlow / TTM

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 (loss)
7,474	-84,153	-234,952	-288,826	-372,417	-418,448	-941,571	-984,264	-959,204	-762,873	-200,228	-130,636	-118,051	-472,005	-480,568	-479,546	-526,768	-345,843	-328,701	-325,797	-251,529	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,597	22,628	-216,254	-209,550	-204,043	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Non-cash interest and leasing arrangements, net
27,311	38,259	46,995	54,537	72,193	82,053	84,768	84,465	77,974	71,048	74,810	81,625	90,227	94,503	93,834	95,376	93,800	90,917	90,376	87,030	86,073	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash gain, net
173,505	142,701	31,098	29,905	12,920	49,489	26,903	493	-8,473	138,384	145,935	193,048	202,070	41,801	36,629	-6,536	1,063	7,428	6,425	462	-3,947	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Share based compensation
7,309	7,801	8,098	8,480	8,820	9,147	9,411	9,762	9,621	8,861	10,001	9,110	8,414	7,379	5,749	4,689	28,472	0	0	0	-	-	-	-	-	3,418	4,013	4,890	4,750	4,741	3,792	3,773	3,608	0	0	0
Depreciation and amortization expense
123,159	154,255	172,361	207,588	220,896	239,836	246,188	242,920	255,786	247,623	249,337	257,063	254,459	252,398	253,788	239,451	237,763	224,581	210,938	207,118	196,192	320,881	278,160	234,494	191,479	0	0	0	-	-	-	-	-	-	-	-
Operating lease right-of-use asset amortization
-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Recovery) provision for losses on accounts receivable
-4,469	-4,630	3,421	3,393	2,554	29,888	47,283	71,357	96,409	98,739	99,154	104,850	107,815	113,468	111,186	103,622	100,521	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Provision for losses on accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	10,865	9,944	8,617	7,409	7,337	6,634	6,785	7,467	0	0	0
Equity in net income of unconsolidated affiliates
712	384	443	381	100	-154	-237	-111	243	1,424	2,248	2,657	3,286	3,139	2,886	2,749	2,139	598	-249	-307	-416	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Benefit for deferred taxes
-179	-2,944	-3,646	-4,560	-3,475	-18,091	-14,732	-12,811	-12,128	32,757	4,805	3,660	7,142	179,507	192,054	178,658	164,750	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-lived asset impairments
-	-	-	-	104,997	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on early extinguishment of debt
-	-	-	-	94	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-242	-296	-296	308	255	0	0	0
Loss (gain) on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-434	0	0	0
Amortization of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,742	2,493	2,626	2,813	3,024	3,320	3,327	3,328	0	0	0
Provision for deferred taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	191	7,939	3,174	3,490	1,074	-21,572	-20,370	-11,086	0	0	0
Amortization of discount on debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,028	949	1,000	906	756	745	609	605	0	0	0
Changes in assets and liabilities:
Accounts receivable
-45,745	-82,455	-104,937	-88,352	-66,508	-14,983	46,369	82,403	86,256	86,315	83,949	113,983	170,126	178,781	169,007	161,630	144,624	95,130	71,308	59,869	33,568	141,980	129,762	119,254	109,844	8,848	23,529	11,302	15,293	12,464	10,720	8,325	9,299	0	0	0
Payments on notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,121	3,053	3,150	3,116	1,501	2,910	3,098	3,314	0	0	0
Other current and non-current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,073	2,422	2,107	1,952	-3,791	2,181	-6,515	-6,964	0	0	0
Accounts payable and other accrued expenses and other
-76,911	-73,047	-82,623	-80,649	-71,916	3,617	40,584	67,715	94,304	32,919	22,222	23,956	45,232	52,846	43,197	22,463	29,230	70,540	90,578	108,543	53,330	43,752	30,687	33,515	46,095	-5,288	-4,032	-6,852	-10,128	1,483	-1,904	3,255	1,761	0	0	0
Operating lease obligations
-93,630	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Employee compensation and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	402	2,243	1,415	1,083	1,804	3,622	1,105	1,366	0	0	0
Insurance liability risks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,405	2,637	-488	-1,637	357	-437	-1,012	-1,531	0	0	0
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,116	-1,241	-3,646	-3,148	-1,666	69	325	1,040	0	0	0
Net cash (used in) provided by operating activities
-7,166	20,276	43,196	36,817	18,584	67,163	62,797	69,738	120,455	100,417	113,973	88,545	68,361	48,869	39,862	35,546	8,618	17,339	63,562	92,352	107,652	130,681	104,721	90,486	82,149	48,572	42,345	48,179	42,676	64,125	68,270	85,798	99,380	0	0	0
Cash flows from investing activities:
Capital expenditures
-	-	-	58,220	-	-	-	61,322	64,106	70,793	79,062	86,120	93,118	91,020	96,762	95,245	85,723	84,372	68,947	64,135	70,987	119,530	110,316	98,571	77,399	16,986	18,406	18,448	19,522	17,695	17,172	17,206	16,298	0	0	0
Purchases of marketable securities
70,316	64,012	66,876	78,341	79,650	88,928	71,790	56,545	48,595	36,910	34,410	46,691	52,554	95,242	97,072	82,519	83,916	30,773	31,524	38,040	30,449	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,019	0	0	0
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	0	0	0
Proceeds on maturity or sale of marketable securities
71,174	74,992	56,612	61,735	69,180	73,976	87,146	77,054	69,273	65,963	41,705	67,223	72,767	74,625	70,165	44,621	41,314	24,600	32,898	30,628	30,188	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net change in restricted cash and equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-22,183	-43,556	-16,132	-19,208	-10,269	24,107	26,300	17,732	24,405	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sale of investment in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,010	1,010	26,358	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of assets
591,660	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of assets
257,806	0	0	0	-	-	-	-	-	-	-	-	150,675	151,873	150,822	78,848	3,738	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
50	-97	-120	-727	400	-819	-427	407	-397	-7,123	-1,346	-3,956	-3,107	4,016	-3,810	-84	-2,140	-1,749	773	162	1,062	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-387,003	-326,281	-115,250	-173,676	11,876	-60,692	-31,266	49,363	47,552	39,617	-7,876	-90,583	-12,788	-184,589	-185,793	-201,657	-253,484	-95,973	-77,047	-60,780	-95,675	-149,360	-133,216	-117,906	-91,702	-16,986	-18,406	-18,451	-19,525	-27,720	-40,844	-40,875	-39,917	0	0	0
Cash flows from financing activities:
Borrowings under revolving credit facilities
4,661,000	5,126,439	5,216,155	5,314,439	4,591,439	3,108,000	1,995,284	863,000	599,000	633,000	701,000	769,000	817,000	937,000	965,000	942,000	864,500	727,000	676,000	611,000	603,500	1,077,917	995,000	916,000	866,000	326,583	309,500	382,500	307,000	234,500	184,000	46,000	88,000	0	0	0
Repayments under revolving credit facilities
4,630,664	5,107,405	5,205,294	5,297,742	4,548,815	3,128,875	2,034,805	924,399	678,650	685,800	698,450	733,150	787,150	838,000	887,000	859,000	756,000	646,000	603,000	588,000	549,000	972,417	941,000	856,000	828,000	360,583	316,000	342,500	272,000	199,000	138,500	60,000	114,000	0	0	0
Proceeds from issuance of long-term debt
538,538	491,330	182,350	182,842	574,171	0	0	0	-	-	-	-	416,161	488,237	318,187	203,073	495,201	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from tenant improvement draws under lease arrangements
-	-	-	-	-	-	-	-	-6,084	-10,577	-10,625	-10,332	-5,651	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from tenant improvement draws under lease arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term debt
199,626	215,927	176,619	97,375	544,077	480,572	486,332	575,382	128,307	172,976	335,567	376,478	500,101	443,219	279,756	154,806	357,716	355,567	353,143	345,318	17,946	-18,171	32,660	34,610	35,085	71,470	17,050	167,966	165,423	179,404	176,825	21,457	21,201	0	0	0
Repayment of finance lease obligations
2,645	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
10,182	8,677	4,060	4,186	17,030	0	0	0	-	-	-	-	14,524	13,858	6,244	3,733	19,193	11,365	21,837	21,839	7,916	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Debt settlement costs
-	-	-	-	485	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests
27,031	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests and stockholders
5,753	4,844	3,988	3,148	2,025	2,607	3,037	2,899	2,914	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	0	0	0
Excess tax benefits from stock-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-242	-296	-296	-282	255	0	0	0
Taxes paid related to net share settlement of equity awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	191	227	228	234	191	248	243	718	0	0	0
Payment of financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
377,699	305,974	25,773	113,256	53,178	55,019	33,479	-62,462	-172,829	-139,316	-86,765	3,250	-65,708	129,889	109,646	122,607	218,861	64,738	44,821	4,900	14,158	41,436	29,888	33,292	20,748	-32,190	-27,492	-34,460	-37,165	-49,648	-36,869	-35,982	-47,638	0	0	0
Net (decrease) increase in cash, cash equivalents and restricted cash and equivalents
-16,470	-31	-46,281	-23,603	83,638	61,490	65,010	56,639	-4,822	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash, cash equivalents and restricted cash and equivalents:
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-43,504	-	-13,896	31,336	36,472	26,135	22,757	1,393	5,872	11,195	-604	-3,553	-4,732	-14,014	-13,243	-9,443	8,941	11,825	0	0	0
Supplemental cash flow information:
Interest paid
153,589	219,844	292,344	347,859	393,632	402,826	410,440	419,530	435,510	437,679	439,788	441,876	445,959	441,643	440,148	432,671	416,163	400,998	387,537	371,157	369,124	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net taxes paid
1,496	4,080	1,933	2,424	4,427	3,968	5,114	4,026	-861	-2,303	1,843	2,107	-10,270	-7,867	-6,760	796	20,893	15,807	11,034	5,630	2,408	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing and financing activities:
Finance lease obligations, net write-down due to lease activity
-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	13,096	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease obligations, net write-down due to lease activity
-	0	0	0	-	-	-	0	-	-	-	0	-	85,422	65,438	84,168	83,989	41,404	43,890	45,101	80,284	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease obligations, net write-down due to lease activity under ASC 840
-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets subject to capital lease obligations, net (gross-up) write-down due to lease activity, under ASC 840
-	-	-	-130,027	-50,321	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease obligations, net gross-up due to lease activity
2,916,017	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets subject to operating leases, net (gross-up) due to lease activity
-2,523,708	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing obligations, net (write-down) gross-up due to lease activity
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets subject to financing obligations, net write-down due to lease activity
1,718,507	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assumption of long-term debt, net of reclass
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	436,887	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-