Green brick partners, inc. (GRBK)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

69,527

64,302

63,682

59,916

62,787

64,535

43,228

39,783

30,219

25,206

42,685

38,922

38,909

35,173

29,140

26,261

23,847

25,545

52,797

53,574

57,434

61,062

86,254

75,061

59,460

44,316

40,352

34,155

26,477

20,712

-30,379

-16,504

-12,405

-10,361

0

0

0

Depreciation expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, Depletion and Amortization

2,818

3,079

3,582

3,583

3,429

2,943

0

0

0

-

-

-

-

286

191

644

844

865

749

387

260

291

-20,707

-13,803

-6,855

127

128

109

85

53

28,200

28,148

28,094

29,712

0

0

0

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Share-based compensation expense

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnest Money Deposits and Pre-acquisition Costs Written-Off

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123

40

-541

-399

-259

0

-578

-352

-148

0

1,525

1,541

1,547

1,493

0

0

0

Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability

4,452

4,906

3,442

1,950

2,147

1,693

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

2,192

1,237

4,298

6,948

10,326

14,712

35,648

37,595

36,383

36,299

16,441

15,087

15,065

13,147

11,078

9,442

7,780

8,352

-19,587

-21,344

-23,337

-25,338

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

10,528

9,809

8,290

7,987

7,569

7,259

8,312

6,561

4,282

2,746

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions of income from unconsolidated entities

6,469

5,084

4,652

4,338

4,134

4,623

4,076

2,932

1,735

974

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Increase in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

487

-329

83

327

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in receivables

3,248

-122

5,452

-1,195

1,017

3,029

2,042

3,615

-1,320

-843

-259

195

-1,258

-866

1,341

1,376

3,201

2,566

645

445

-258

303

1,988

-3,088

-5,219

333

-2,991

1,383

926

-624

-4,071

-10,591

-10,048

-14,211

0

0

0

Increase in inventory

79,134

83,970

92,049

136,499

117,209

129,291

133,481

113,309

132,406

95,452

63,474

54,523

34,553

70,204

104,593

71,894

75,798

58,728

41,839

57,845

49,023

38,026

126,538

106,609

102,465

96,630

109,174

105,348

104,030

98,154

-9,652

-5,927

-4,792

2,499

0

0

0

(Increase) decrease in earnest money deposits

8,648

-2,107

-1,958

-8,356

-6,268

-2,119

-4,829

2,278

3,303

3,097

10,996

6,520

4,000

383

-2,504

5,941

6,318

11,169

9,458

3,341

3,151

3,384

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other assets

1,052

1,525

-209

815

4,674

2,741

3,294

1,812

1,097

1,701

4,651

4,429

3,782

2,325

-122

-471

1,108

1,887

1,435

2,036

769

828

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-2,112

440

488

587

0

0

0

Increase (decrease) in accounts payable

9,692

3,953

-308

5,921

-2,806

-483

14,755

-1,054

7,117

7,241

-19,721

-410

-3,706

1,583

21,441

2,142

5,486

-21

230

4,975

3,677

4,898

16,704

9,506

985

4,137

-6,614

-5,613

4,554

4,258

-2,884

-7,213

-8,782

-7,046

0

0

0

Increase in accrued expenses

-389

-4,384

7,697

6,687

14,504

9,470

5,626

5,544

1,363

4,175

5,564

5,306

7,682

8,571

5,497

-872

-3,027

-3,465

-2,647

3,734

4,735

4,706

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Contract with Customer, Liability

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in customer and builder deposits

-

-

-

-

-

1,458

1,984

5,623

5,631

7,359

7,438

9,170

7,996

7,150

6,924

-87

-936

-2,814

-3,004

-1,040

-1,248

-1,022

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

52

-6

-262

-385

0

0

0

Other assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

178

5,528

2,189

971

0

0

0

Net cash provided by (used in) operating activities

-11,670

-22,063

-22,390

-47,969

-28,486

-39,476

-33,166

-34,041

-54,774

-18,003

-24,293

5,267

28,138

-4,852

-27,137

-40,128

-51,794

-45,414

-24,968

-22,816

-11,124

1,769

-55,285

-40,022

-47,885

-49,899

-56,291

-61,697

-63,210

-63,699

12,171

16,516

20,355

23,567

0

0

0

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,783

-1,655

4,733

4,583

-7,686

8,041

5,357

9,519

11,301

6,872

2,781

-963

1,178

1,181

4,273

7,711

0

0

0

Cash flows from investing activities:
Proceeds from sale of investment in direct financing leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,768

5,929

6,388

7,398

5,581

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,156

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

3,052

2,569

3,282

3,176

3,181

3,211

1,889

1,327

750

149

142

294

451

458

-12

39

103

307

-35

77

475

520

-709

-101

-145

98

1,909

968

409

491

1,382

4,355

3,236

2,843

0

0

0

Net cash used in investing activities

-8,352

-7,869

-3,282

-4,690

-30,797

-30,827

-29,550

-27,715

-1,036

-435

-383

-294

-451

-458

12

-39

-103

2,461

5,964

10,111

14,631

12,617

21,569

16,702

11,828

10,786

1,103

2,044

2,603

2,521

-1,382

-2,525

-3,236

-2,843

0

0

0

Net Cash Provided by (Used in) Financing Activities [Abstract]
Borrowings from lines of credit

313,000

224,000

197,500

163,000

164,000

165,000

160,000

156,500

121,500

88,500

61,500

50,500

38,000

63,000

106,540

112,500

109,000

86,000

51,960

28,500

22,000

19,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,000

0

0

0

Repayment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,450

12,600

12,600

54,078

0

0

0

Repayment of notes payable and capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

161

210

246

3,201

0

0

0

Payment of equity offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,621

0

0

0

Payments of Debt Issuance Costs

-

-

-

-

-

870

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113

0

0

0

Proceeds from notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,206

5,454

6,214

8,308

7,989

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Lines of Credit

277,000

260,000

231,500

96,500

91,000

70,000

55,000

63,000

49,000

56,500

48,000

40,000

43,000

35,500

39,000

69,500

61,000

52,561

63,344

28,103

23,172

22,147

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of notes payable

-

-

-

-

-

10,226

9,459

9,309

309

1,022

744

1,448

2,425

1,870

3,171

3,352

2,959

5,199

6,348

10,420

15,478

22,434

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment, Tax Withholding, Share-based Payment Arrangement

592

544

544

544

544

412

412

412

412

586

586

586

586

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

2,126

2,186

3,167

1,369

1,041

981

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions of LLC Members

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions from noncontrolling interests

-

-

-

-

-

-

-

-

-

438

445

870

788

2,928

2,921

2,351

2,270

87

282

484

832

787

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,121

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Noncontrolling Interests

3,228

10,993

10,994

11,317

13,437

10,747

11,902

11,849

14,344

10,896

10,365

12,933

12,852

9,755

10,430

11,342

8,923

7,723

6,777

9,231

10,936

11,793

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

106,039

25,862

21,890

50,310

47,049

71,769

82,642

71,186

56,826

19,125

2,707

-1,333

-17,741

21,137

58,244

51,129

60,527

43,752

25,787

11,050

1,226

-9,803

26,030

31,361

41,414

48,632

66,489

66,525

63,388

60,215

-9,611

-12,810

-12,846

-13,013

0

0

0

Net increase (decrease) in cash and cash equivalents and restricted cash

86,017

-4,070

-3,782

-2,349

-12,234

1,466

19,926

9,430

1,016

687

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash, cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental Cash Flow Information [Abstract]
Interest Paid, Excluding Capitalized Interest, Operating Activities

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-282

2,311

2,764

3,144

3,796

1,625

1,433

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income Taxes Paid, Net

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnest Money Deposits and Pre-acquisition Costs Written-Off

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes, net of refunds

-

-

-

-

-

-

-

-

-

-

-

-

-

1,503

1,233

1,131

1,226

1,339

1,396

1,203

755

636

0

0

0

-

-

-

-

-

-

-

-

5

0

0

0

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

5,761

6,295

6,391

6,870

0

0

0

Supplemental disclosure of noncash investing and financing activities:
Decrease in land not owned under option contracts

-

-

-

-

-

-

-

-

-

-

0

0

6,746

-

-14,965

-7,101

-8,376

-8,935

4,976

-5,850

-6,806

-7,279

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Additions to property, plant and equipment unpaid during the period

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-62

1

17

22

0

0

0

Out-of-period equity adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,933

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock in exchange for debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,601

0

0

0