Groupon, Inc. GRPN Cash Flow

Groupon, inc. (GRPN)

CashFlow / Quarterly

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
Operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
79,643	-14,685	-37,645	-39,008	49,862	47,175	-92,254	-2,795	50,848	2,940	-6,779	-20,382	-50,204	-35,792	-51,731	-45,596	-43,165	-24,613	111,912	-10,455	11,384	-19,018	-20,922	-35,363	-78,861	-1,292	-5,551	-3,242	-80,047	-940	33,549	-3,593	-59,679	-14,416	-109,776	-113,891
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
435	0	0	2,162	0	0	0	0	-223	-862	-1,376	487	-10,749	-1,345	-2,963	-2,057	-26,537	0	127,179	6,284	-	-6,445	-10,230	-13,589	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
79,208	-14,685	-37,645	-41,170	49,862	47,175	-92,254	-2,795	51,071	3,802	-5,403	-20,869	-39,455	-34,447	-48,768	-43,539	-16,628	-24,613	-15,267	-16,739	34,314	-12,573	-10,692	-21,774	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization of property, equipment and software
21,424	22,125	23,339	24,522	24,346	24,835	25,428	26,721	28,440	29,192	28,496	28,667	29,376	28,489	29,335	29,761	26,831	30,475	27,500	26,266	22,976	25,355	21,928	21,448	18,637	17,817	16,255	15,114	-3,945	15,310	12,810	11,716	9,301	7,058	8,098	7,598
Amortization of acquired intangible assets
2,981	3,748	3,771	3,900	4,184	3,850	3,526	2,940	5,378	6,039	6,183	5,400	5,257	4,408	4,581	4,654	3,344	5,160	3,872	5,934	2,928	5,107	5,096	5,985	5,495	5,332	5,213	5,586	-	-	-	-	-	-	-	-
Stock-based compensation
19,098	19,543	26,563	16,411	14,151	15,026	16,318	19,326	21,726	19,177	21,440	19,701	22,763	25,757	36,510	30,093	29,544	35,575	38,485	35,144	26,521	32,680	29,738	22,911	32,239	26,870	32,446	29,907	26,411	22,619	27,084	28,003	32,668	3,340	38,718	18,864
Acquisition-related (benefit) expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,431	-1,635	-52	-	-4,793	0	0
Restructuring-related long-lived asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	283	0	0	45	6,869	345	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairments of investments
-	-	-	-	-	-	-	-	2,944	0	0	0	-	-	-	-	-	-	-	-	0	1,448	191	397	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Income Tax Expense (Benefit)
-2,301	456	360	0	1,575	0	0	-6,575	-242	86	833	-74	-3,980	-1,320	-2,838	-2,310	4,210	-15,202	-72	22	-6,444	-2,472	-57	573	-16,830	-659	-308	-258	-17,259	-3,389	13,873	-876	31,601	2,839	1,147	-3,384
Excess tax benefits on stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,641	4,077	5,855	8,338	8,348	2,936	832	2,403	2,870	18,869	2,881	-	-	-	-
Loss on equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-91	-420	52	14	-25	-14	-19	-1,231	-138	-3,428	-5,128	-6,678	-11,211	-7,881	-882
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
-	-	-	-	-	-	-	-	-	-	-	-	-38	-162	850	3,442	508	435	-424	-279	-1,385	-1,020	0	-39	-895	-1,529	-815	68	-	-	-	-	-	-	-	-
Fair Value, Option, Changes in Fair Value, Gain (Loss)
-3,526	14	-27,577	-41,408	-752	-244	-3,035	-5,033	5,482	-3,955	-1,448	303	-40,840	-1,594	-4,607	-1,100	-	-2,564	450	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Debt Discount (Premium)
3,428	3,341	3,256	3,175	3,094	3,016	2,940	2,866	2,794	2,722	2,655	2,587	2,522	2,458	2,396	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of cost method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Change in assets and liabilities, net of acquisitions and dispositions:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-363	1,197	-502	-1	-1,392	82	-3,245	506	-6,014	1,864	-3,536	-2,264	3,348	-744	-2,523	2,517	-973	1,471	1,357	-	-	-	-
Accounts receivable
-996	-17,892	-8,889	14,200	-11,840	7,079	-9,673	-17,623	19,580	15,442	-5,635	-10,594	14,124	1,960	-5,263	5,763	364	-16,635	1,381	8,901	-26,633	4,337	1,385	20,835	-1,990	-11,940	-4,743	7,684	-12,723	10,274	-19,963	11,878	686	16,618	37,023	16,049
Prepaid expenses and other current assets
-585	-6,612	7,482	-3,461	-9,861	4,184	8,112	-9,601	-7,188	-8,025	16,519	-5,380	-26,748	-45,195	55,839	-18,939	-81,443	33,366	3,934	2,513	-39,742	27,040	-1,144	-3,013	76,052	2,846	-3,465	-12,527	45,922	3,192	17,624	4,121	-4,731	23,802	8,933	8,288
Accounts payable
-509	-6,002	2,024	-12,914	21,839	-6,694	-999	-8,341	5,417	5,107	2,461	-13,184	7,731	3,083	-4,194	-1,499	8,842	5,371	-8,559	2,244	1,820	-5,505	-9,781	2,313	-5,421	-3,036	-3,225	-19,606	5,537	-5,094	20,089	-1,821	927	-7,550	8,091	-22,465
Accrued merchant and supplier payables
106,951	-29,608	-49,947	-136,572	169,480	-41,766	-29,652	-143,330	168,013	-14,882	-44,716	-138,238	195,673	-48,315	-11,365	-109,264	142,084	-51,319	-33,499	-17,034	156,366	-32,586	-34,961	-33,523	160,758	-34,315	1,442	-39,417	96,029	21,868	-13,979	46,000	65,236	98,002	95,697	121,173
Accrued expenses and other current liabilities
36,657	-18,032	-4,291	-40,405	13,745	-96,315	92,704	-41,564	-965	2,095	-5,451	-36,040	16,199	-53,278	-7,012	11,967	-3,195	51,169	8,515	-2,470	22,676	7,853	-26,754	-2,202	31,843	-20,553	-20,539	13,302	-20,268	4,933	49,657	13,420	-	-	38,508	36,248
Due to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,157
Other, net
27,248	-13,208	-2,361	-4,907	911	-4,391	-11,524	1,252	485	3,331	16,452	1,707	-5,735	9,684	-6,001	12,905	17,197	18,551	1,379	-18,688	11,325	-31,950	-2,529	-9,530	-25,535	-2,037	-12,354	-753	-25,531	425	-4,472	-6,026	-1,113	5,244	-2,325	3,905
Net cash provided by (used in) operating activities from continuing operations
201,401	18,584	-1,219	-147,483	323,816	-57,389	44,175	-119,747	266,249	21,772	-19,390	-138,086	295,910	-39,879	-51,009	-74,777	267,121	-7,640	13,325	43,607	326,889	22,324	-28,525	-14,574	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities from discontinued operations
0	0	0	0	0	0	0	0	-223	0	-1,097	-1,098	-5,931	-943	-3,001	-1,948	-17,336	-19,205	6,982	-24,355	-24,087	23,142	5,778	-6,143	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
201,401	18,584	-1,219	-147,483	323,816	-57,389	44,175	-119,747	266,026	21,772	-20,487	-139,184	289,979	-40,822	-54,010	-76,725	249,785	-26,845	20,307	19,252	302,802	45,466	-22,747	-20,717	178,275	-11,905	43,302	8,760	65,717	42,088	75,315	83,714	169,077	64,411	39,019	17,940
Investing activities
Purchases of property and equipment and capitalized software
15,474	17,693	16,684	17,477	16,084	16,094	17,373	20,144	15,442	14,255	15,385	14,076	19,254	12,682	16,499	19,852	13,465	27,735	22,452	18,294	17,850	18,638	28,712	16,093	19,931	15,064	14,042	14,468	40,034	16,010	26,709	13,083	13,986	8,623	10,240	10,962
Cash derecognized upon dispositions of subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	0	776	312	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of business, net of acquired cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-242	67,010	2,320	800	14,338	0	3,095	42,302	1,000	4,880	300	1,169	2,100	4,519	17,267	23,004	1,847	8,857	878	2,818
Acquisitions of intangible assets and other investing activities
701	1,848	551	638	1,115	16,389	520	238	309	934	-240	56	4,516	-129	-1,206	-786	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	2,105	0	4,599	2,399	6,500	0	13,083	4,426	20,000	10,097	3,000	-	-	-	-
Settlements of liabilities related to purchase of additional interest in consolidated subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	723	0	349	-	1,599	0	0	-	-	0	1,959	0	0	0	0	-	-	-	-
Purchases of additional interests in consolidated subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,603	-4,900	6,080	7,347	7,776	500	9,387	25,000
Purchases of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,535	1,156	0	0	-	-	-	-	-	-	-	-	590	0	0	10	-555	14,800	58	214
Changes in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,025	0
Purchases of cost and equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,621	5,300
Net cash provided by (used in) investing activities from continuing operations
-12,700	-19,541	-17,235	-18,115	-17,497	-22,389	-75,714	-20,382	-15,751	18,230	-13,782	-14,020	-4,049	-11,902	-18,957	-20,678	-29,196	-98,028	-28,541	-19,443	-31,658	-22,492	-32,157	-62,994	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities from discontinued operations
0	0	0	0	0	0	0	0	0	0	-2,001	-7,547	-1,718	-186	104	-100	-2,042	0	245,094	-624	-4,231	2,031	-2,341	-75,614	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-12,700	-19,541	-17,235	-18,115	-17,497	-22,389	-75,714	-20,382	-15,751	18,230	-15,783	-21,567	-5,767	-12,088	-18,853	-20,778	-31,238	-98,028	216,553	-20,067	-35,889	-20,461	-34,498	-138,608	-23,330	-26,444	-15,862	-30,679	-52,753	-35,629	-60,153	-46,444	-34,907	-43,048	-25,184	-44,294
Financing activities
Issuance costs for revolving credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	50	0	8,097	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of stock, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	756,563	137	0	509,692
Partnership distributions to noncontrolling interest holders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Redemption of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-218	218	0	35,003
Payments for Repurchase of Common Stock
1,469	14,593	15,153	14,416	9,585	0	0	0	0	9,720	24,279	27,234	49,738	25,170	25,784	64,665	113,389	193,263	118,109	18,006	7,858	9,921	105,634	29,840	37,464	7,376	0	0	-	-	-	-	218	0	5,000	348,550
Excess tax benefits on stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,641	4,077	5,855	8,338	8,348	2,936	832	2,403	2,870	18,869	2,881	-	-	-	-
Taxes paid related to net share settlements of stock-based compensation awards
4,130	3,744	5,141	5,090	5,467	2,500	6,959	9,179	4,341	7,984	6,386	8,970	6,450	6,792	11,571	4,964	5,624	7,176	12,717	14,584	11,228	8,084	10,223	14,083	21,071	10,488	8,304	7,712	5,410	1,918	-964	6,632	3,770	0	0	0
Settlements of purchase price obligations related to acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,136	0	0	3,000	2,000	2,233	0	0	0	-	-	-	-
Proceeds from stock option exercises and employee stock purchase plan
0	2,085	32	2,006	5	3,206	70	2,434	27	3,009	9	2,468	2	2,929	114	1,933	135	3,474	253	1,946	310	3,128	264	2,812	725	3,563	2,310	705	445	3,211	5,279	378	739	1,035	909	325
Distributions to noncontrolling interest holders
2,248	2,053	3,113	3,521	3,260	2,376	3,625	3,315	3,383	2,548	2,976	3,450	2,660	2,024	3,762	3,365	2,986	3,060	6,336	1,558	1,856	2,085	2,040	2,053	1,844	1,471	1,750	1,065	1,250	1,456	954	652	-	-	-	-
Payments of finance lease obligations
2,819	4,240	5,872	6,756	7,734	8,050	8,215	9,024	8,727	8,628	8,603	8,067	8,637	7,285	7,722	6,954	6,733	9,768	4,266	3,636	3,863	1,473	1,197	889	619	796	103	102	0	0	0	0	-	-	-	-
Payments of contingent acquisition liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Repayments of loans with related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	14,358
Payments of contingent consideration related to acquisitions
0	0	0	0	0	0	0	1,815	0	2,101	5,689	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issuance costs in connection with acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,029	1,029	0	158	0	0	0	0	-	-	-	-	-	-	-	-
Other financing activities
-	-	-	-	-	-	-	-	0	0	0	-473	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-4,250	-	-	-	-
Net cash provided by (used in) financing activities
-10,666	-22,595	-31,581	-27,777	-35,069	-9,720	-18,729	-20,899	-16,424	-27,972	-47,924	-45,726	-67,533	-38,342	169,225	-78,015	-323,597	-14,793	-141,557	-35,838	-37,068	-16,823	-114,753	-41,492	-55,444	-8,970	-7,941	-9,342	-6,495	2,707	24,158	-8,275	746,913	8,608	-422	112,106
Effect of exchange rate changes on cash, cash equivalents and restricted cash, including cash classified within current assets of discontinued operations
6,009	-7,398	1,626	-3,381	-1,922	-2,643	-12,835	6,191	3,224	5,978	13,324	3,973	-13,511	867	-4,742	10,668	-5,147	-6,923	9,784	-30,199	-13,100	-21,102	1,262	-831	1,114	5,165	-3,138	-12,378	1,809	6,047	-14,511	9,059	-2,083	-11,129	2,992	4,103
Net increase (decrease) in cash, cash equivalents and restricted cash, including cash classified within current assets of discontinued operations
184,044	-30,950	-48,409	-196,756	269,328	-92,141	-63,103	-154,837	237,075	18,008	-70,870	-202,504	203,168	-90,385	91,620	-164,850	-110,197	-146,589	105,087	-66,852	216,745	-12,920	-170,736	-201,648	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net increase (decrease) in cash classified within current assets of discontinued operations
0	0	0	0	0	0	0	0	0	0	0	28,866	1,574	-2,790	-2,591	3,993	-4,717	0	-29,557	-25,722	-2,306	20,649	4,669	18,006	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash, cash equivalents and restricted cash
184,044	-30,950	-48,409	-196,756	269,328	-92,141	-63,103	-154,837	237,075	18,008	-70,870	-173,638	201,966	-87,595	94,211	-168,843	-105,480	-146,589	134,644	-41,130	219,051	-33,569	-175,405	-219,654	100,615	-42,154	16,361	-43,639	8,278	15,213	24,809	38,054	879,000	18,842	16,405	89,855
Non-cash investing and financing activities
Equipment acquired under capital lease arrangements (2)
-3,865	3,865	0	0	4,275	4,208	8,111	1,470	10,379	1,383	15,169	1,340	4,055	7,475	8,918	1,163	3,612	33,682	7,245	0	-	10,613	3,902	4,031	-2,728	895	-56	6,538	1,122	0	0	0	-	-	-	-
Leasehold improvements funded by lessor
-	-	-	-	-	-	-	-	-	-	-	-	0	0	181	4,809	6,711	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock in connection with acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	162,862	-	3,051	0	0	-	-	-	-	-	-	-	-
Leasehold improvements funded by lessor
-	-474	100	-1,095	-	0	0	0	-	-	-	-	166	-551	-1,373	2,965	-	-	-	901	-	-1,612	364	1,368	-	-	-	-	-	-	-	-	-	-	-	-
Shares issued to settle liability-classified awards and contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,041	-1,647	1,131	1,132	1,131	2,267	0	0	0	-	-	-	-
Liability for purchase consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	359	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in liabilities related to purchases of property and equipment and capitalized software
-	-566	412	355	-	-90	-233	1,022	-	-143	-646	1,185	1,605	-1,610	-68	3,928	-	-	-	-	-	-	-	-	-1,713	53	-1,168	2,828	-4,967	302	3,154	3,402	-	-	-	-
Noncash or Part Noncash Acquisition, Investments Acquired
-	-	-	-	-	-	-	-	-	0	0	2,022	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration liability incurred in connection with acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,434	3,537	0	30	879	2,100	0	421	0	1,835	0	15,920
Restricted Cash [Abstract]
Liability for purchase of additional interests in consolidated subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,249	-	-1,710	4,006	0	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses related to purchases of property and equipment and capitalized software
-	-566	412	355	-	-90	-233	1,022	-	-143	-646	1,185	-	-	-	-	-	-	-	-	-	-	-	-	-1,713	53	-1,168	2,828	-4,967	302	3,154	3,402	-	-	-	-