Group 1 Automotive, Inc GPI Cash Flow

Group 1 automotive, inc (GPI)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Net borrowings on 5.25% Senior Unsecured Notes
-	-	-	-	296,250	0	0	-	-	-	-
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent
38,600	157,800	213,400	147,065	93,999	93,004	113,992	100,209	82,394	50,304	34,845
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization
17,000	67,100	57,900	51,234	47,239	42,344	35,826	31,534	27,063	26,455	25,828
Change in operating lease assets
7,600	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
4,100	3,500	-46,100	14,162	11,884	12,319	22,412	13,282	24,824	23,274	29,646
Asset impairments
-	43,900	19,500	32,838	87,562	41,520	6,542	7,276	4,805	10,840	20,887
Stock-based compensation
6,100	18,700	18,900	21,073	18,851	16,012	13,899	11,931	10,919	9,942	8,869
Amortization of debt discount and issue costs
900	3,400	3,700	3,694	3,652	10,559	13,888	12,990	11,990	10,322	7,030
Loss on 3.00% Convertibles Notes repurchase
-	-	-	-	-	29,478	0	0	-	-	-
Loss on 2.25% Convertible Notes conversion and redemption
-	-	-	-	-	16,925	0	0	-	-	-
(Gain) loss on disposition of assets
5,800	26,800	800	2,675	9,719	15,994	11,043	4,941	961	-848	-248
Gains (Losses) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-3,872	8,211
Tax effect from excess stock-based compensation
-	-	-	-	-	1,841	2,993	2,875	2,478	592	181
Other
-200	-900	400	-1,084	-1,192	-4,686	-3,665	-3,965	-2,755	-1,416	221
Changes in assets and liabilities, net of acquisitions and dispositions:
Accounts payable and accrued expenses
101,600	18,400	35,600	76,126	25,108	37,344	41,144	29,874	77,027	16,130	-16,481
Accounts and notes receivable
-9,200	-2,900	10,700	18,663	17,887	20,179	9,489	6,777	17,875	13,844	-10,851
Inventories
28,100	80,600	44,000	-79,319	186,634	-27,339	241,871	278,232	7,410	174,249	-242,996
Contracts-in-transit and vehicle receivables
-5,100	-39,500	33,500	15,621	17,944	10,530	18,974	29,091	53,821	27,218	-16,500
Prepaid expenses and other assets
17,700	16,300	9,300	-7,484	3,153	5,385	-1,941	-2,448	11,246	-6,922	-845
Floorplan notes payable - manufacturer affiliates
2,500	-38,400	8,300	12,630	-87,516	78,822	-83,203	-33,248	-52,757	10,580	14,145
Deferred revenues
-200	-800	500	-393	-619	-491	230	-163	-1,427	-2,308	-4,632
Operating lease liabilities
8,400	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
127,900	270,000	196,500	384,097	141,047	198,288	52,372	-75,322	199,316	-68,466	354,674
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments to Acquire Businesses, Net of Cash Acquired
-	135,300	109,100	57,327	212,252	336,551	269,860	177,956	159,597	34,693	16,332
Proceeds from disposition of franchises, property and equipment
35,100	107,900	10,700	36,843	41,581	144,597	102,186	39,197	6,039	46,179	30,257
Purchases of property and equipment
41,700	141,000	215,800	156,521	120,252	150,392	102,858	88,491	60,558	69,116	21,560
Other
200	-500	-1,600	-2,965	-6,421	4,705	-1,878	-2,792	-1,343	-2,843	-3,638
Net cash provided by (used in) investing activities
-6,800	-168,000	-312,600	-174,040	-284,502	-347,051	-268,654	-224,458	-212,773	-54,787	-3,997
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facility — floorplan line and other
1,631,500	6,954,300	7,019,100	6,597,406	7,557,237	7,832,014	6,379,328	5,700,108	4,825,956	4,994,980	3,862,337
Repayments on credit facility — floorplan line and other
1,697,500	6,870,100	6,957,900	6,676,161	7,504,516	7,802,719	6,153,677	5,453,148	4,777,442	4,854,459	4,135,710
Borrowings on credit facility — acquisition line
107,800	165,300	68,100	220,020	489,548	389,368	60,000	0	0	-	89,000
Repayments on credit facility — acquisition line
111,500	158,500	42,300	220,020	557,696	379,681	0	0	-	-	139,000
Borrowings on real estate credit facility
-	-	-	-	-	-	19,640	18,080	0	0	34,457
Principal payments on real estate credit facility
-	-	-	-	-	-	8,597	2,406	1,599	150,127	19,728
Net borrowings on 5.00% Senior Unsecured Notes
-	-	-	-	-	539,600	0	-	-	-	-
Proceeds from Issuance of Unsecured Debt
-	-	-	-	-	-	-	0	-	-	-
Proceeds from issuance of 3.00% Convertible Notes
-	-	-	-	-	-	-	-	-	115,000	-
Debt issue costs
0	0	0	-	788	1,881	0	0	-	3,959	-
Repurchase of 3.00% Convertible Notes
-	-	-	-	-	260,074	0	0	-	-	-
Proceeds from Call/Warrant Unwind related to 3.00% Convertible Notes
-	-	-	-	-	32,697	0	-	-	-	-
Proceeds from call options and warrants related to 3% Notes
-	-	-	-	-	-	-	0	-	-	-
Conversion and redemption of 2.25% Convertible Notes
-	-	-	-	-	182,756	0	0	-	-	-
Purchase of equity calls
-	-	-	-	-	-	-	-	-	45,939	-
Sale of equity warrants
-	-	-	-	-	-	-	-	-	29,309	-
Redemption of other long-term debt
-	-	-	-	-	-	-	-	-	77,011	20,859
Borrowings on other debt
20,300	156,000	165,700	49,972	59,855	91,137	10,289	275	308	5,114	-
Principal payments on other debt
26,700	118,800	121,200	45,928	63,769	85,905	71,170	4,784	3,293	1,021	494
Borrowings on debt related to real estate
0	-	-	-	32,026	112,179	55,345	70,685	32,713	146,003	-
Borrowings Of Long Term Debt Related To Real Estate Loans, Net of Debt Issue Costs
-	54,700	75,300	39,141	31,238	-	-	-	-	-	-
Principal payments on debt related to real estate
20,900	91,500	29,400	25,463	72,079	59,950	36,978	15,197	7,775	3,806	34,572
Proceeds from employee stock purchase plan
2,100	7,600	7,100	3,868	214	-321	-1,822	-915	-709	4,369	3,492
Payment of tax withholding for stock-based awards
2,900	4,900	2,500	-	-	-	-	-	-	-	-
Proceeds from termination of mortgage swap
-	900	0	0	-	-	-	-	-	-	-
Repurchases of common stock, amounts based on settlement date
0	183,900	40,100	127,606	97,473	36,802	3,553	11,317	50,777	26,765	-
Tax effect from stock-based compensation
-	-	-	249	-2,142	-1,841	2,993	2,875	2,478	592	181
Debt extinguishment costs
-	-	-	-	-	-	-	-	-	177	534
Dividends paid
4,800	20,900	20,500	19,987	19,942	17,097	15,805	13,433	11,211	2,393	-
Net cash provided by (used in) financing activities
-102,500	-109,500	121,500	-205,007	121,009	171,650	235,993	290,823	8,649	129,710	-361,430
Effect of exchange rate changes on cash
-500	-3,300	0	2,145	-5,492	-2,127	-4,146	-1,288	-140	165	830
Net increase (decrease) in cash, cash equivalents and restricted cash
18,100	-10,900	5,400	7,195	-27,938	20,760	15,565	-10,245	-4,948	6,622	-9,923
SUPPLEMENTAL CASH FLOW INFORMATION:
Purchases of property and equipment, including real estate, accrued in accounts payable
-	-	-	15,900	32,720	21,166	11,155	6,045	7,995	1,786	-