Goosehead insurance, inc. (GSHD)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash flows from operating activities:
Net income (loss)

2,768

10,382

13,500

11,575

-15,117

-18,667

0

0

0

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

2,416

2,145

3,034

2,817

2,661

2,522

1,298

1,267

1,075

876

0

0

0

Bad debt expense

633

725

1,596

1,595

1,419

1,298

1,217

1,093

1,111

1,083

0

0

0

Equity-based compensation

1,656

1,526

1,476

1,424

27,328

26,960

0

0

0

-

-

-

-

Impacts of Tax Receivable Agreement

16,174

11,676

12,669

10,828

6,863

1,702

0

0

0

-

-

-

-

Deferred income taxes

-15,960

-11,382

-12,304

-10,679

-6,813

-1,732

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Dividends held by transfer agent

0

-

-

-

0

-

-

-

0

-

-

-

-

Receivable from franchisees

5,405

5,161

2,401

2,588

1,788

1,637

1,090

643

1,212

1,077

0

0

0

Commissions and agency fees receivable

-5,028

-2,474

1,019

1,036

1,106

1,258

1,557

1,654

1,420

907

0

0

0

Prepaid expenses

4,478

877

882

283

536

588

557

404

185

212

0

0

0

Other assets

807

346

97

49

-3,262

-435

-214

-91

3,264

471

0

0

0

Accounts payable and accrued expenses

25

913

1,195

-1,271

-1,313

1,210

1,124

2,735

3,650

1,330

0

0

0

Deferred rent

1,475

2,389

2,652

1,346

1,283

582

710

4,174

4,136

3,817

0

0

0

Contract liabilities

7,571

6,281

0

0

0

-

0

0

0

-

-

-

-

Premiums payable

767

547

195

-37

-257

-42

87

64

282

118

0

0

0

Unearned revenue

0

-

-

-

0

-

-

-

-

-

-

-

-

Payments pursuant to the tax receivable agreement

0

-

-

-

0

-

-

-

-

-

-

-

-

Unearned revenue

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by (used for) operating activities

17,964

21,241

19,394

13,649

9,502

10,275

8,840

13,371

14,627

13,542

0

0

0

Cash flows from investing activities:
Changes in restricted cash

-

-

-

-

-

-

-

-

-

117

0

0

0

Proceeds from notes receivable

23

19

22

22

22

22

21

21

272

299

0

0

0

Purchase of software

408

403

367

320

159

148

187

221

258

236

0

0

0

Purchase of property and equipment

3,412

3,694

4,303

3,008

3,011

2,096

2,016

6,062

6,470

6,216

0

0

0

Net cash used for investing activities

-3,797

-4,078

-4,648

-3,306

-3,148

-2,222

-2,138

-5,993

-6,411

-6,135

0

0

0

Cash flows from financing activities:
Debt issuance costs

0

-

-

-

0

-

-

-

-

-

-

-

-

Loan origination fees

-

-

-

-

-

-

-

0

0

-

0

0

0

Repayment of note payable

28,321

2,500

2,250

51,375

51,000

50,625

50,250

475

425

375

0

0

0

Proceeds from notes payable

0

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from the issuance of Class A common stock

441

325

0

0

0

-

-

-

-

-

-

-

-

Member distributions and dividends

19,497

18,739

18,829

18,943

79,754

80,059

89,074

102,023

25,570

25,520

0

0

0

Net cash used for financing activities

-20,986

-20,914

-21,798

-20,891

5,473

5,592

7,560

4,084

-6,321

-6,237

0

0

0

Net decrease in cash and restricted cash

-6,819

-3,751

-7,052

-10,548

11,827

13,645

0

0

0

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

1,170

0

0

0

Supplemental disclosures of cash flow data:
Cash paid during the year for interest

1,873

2,173

2,540

2,590

2,936

3,207

0

0

0

-

-

-

-

Cash paid for income taxes

1,175

1,175

1,475

1,175

300

300

0

0

0

-

-

-

-