Heidrick & struggles international inc (HSII)
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 - operating activities
Net Income (Loss) Attributable to Parent

43,448

46,869

47,509

54,031

51,214

49,295

-1,108

-9,406

-39,117

-48,635

-8,934

-10,165

14,738

15,413

16,180

16,730

15,031

17,132

16,634

12,136

10,967

6,797

7,537

8,669

6,818

6,347

4,443

4,430

4,346

6,240

2,553

-33,959

-28,382

-33,722

0

0

0

Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization

9,974

10,371

10,947

11,377

12,072

12,522

13,062

13,701

14,150

14,774

16,027

16,354

16,569

16,433

15,389

14,681

13,636

13,696

13,936

14,324

15,194

15,312

15,588

15,896

15,980

16,275

14,764

13,536

12,168

10,801

11,139

11,244

10,936

10,263

0

0

0

Write-off of investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,810

0

0

0

Deferred income taxes

1,418

1,644

-3,082

-2,637

-3,062

-3,496

13,212

13,286

-4,169

-1,690

-11,215

-13,941

2,505

2,394

-2,744

-120

808

-1,166

-5,549

-4,359

134

237

2,384

-613

-4,441

-3,749

322

2,057

2,511

2,331

2,265

13,521

10,825

10,571

0

0

0

Stock-based compensation expense

11,569

10,298

9,434

9,806

8,514

8,947

7,783

5,071

5,071

4,935

5,253

6,209

6,202

6,393

6,437

6,376

5,864

5,066

4,378

4,328

4,276

3,579

3,857

3,116

3,072

3,747

2,893

3,871

3,859

4,199

5,423

5,155

5,116

5,503

0

0

0

Accretion expense related to earnout payments

508

668

817

965

1,081

1,285

1,165

1,060

976

1,038

1,273

702

716

635

631

1,267

1,341

1,294

1,407

1,540

1,729

1,854

1,839

1,948

1,988

2,082

0

0

0

-

-

-

-

-

-

-

-

Marketable Securities, Gain (Loss)

-706

-595

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Accounts Receivable

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

810

0

0

0

-

-

-

-

Cash paid for restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

722

999

1,303

3,081

5,687

9,128

15,576

13,594

10,764

7,491

0

0

0

Changes in assets and liabilities:
Accounts receivable

-

-

-

-

-

-16,759

-29,336

-28,763

-16,727

-1,882

-13,761

-12,803

-14,556

-14,425

-82,563

-68,398

-41,960

-8,714

16,798

-4,260

3,157

217

5,555

13,143

5,477

3,161

-3,303

1,703

-3,609

-6,288

-13,351

-20,625

-12,056

-10,819

0

0

0

Accounts payable

804

-994

91

293

444

-526

664

-386

928

1,474

-1,280

2,015

-907

941

4,391

-459

18

810

-1,247

611

-12

-2,113

-300

-2,429

499

-504

313

92

-1,305

-471

-4,786

-3,882

-3,383

-732

0

0

0

Accrued expenses

1,398

2,441

15,012

16,142

30,948

71,526

60,207

38,772

10,801

18,330

5,279

2,889

3,796

-3,808

-4,562

-1,428

8,411

37,207

26,392

11,606

7,353

29,979

23,187

23,325

20,354

12,888

8,586

2,308

1,038

-28,202

-30,185

-23,747

-19,343

5,960

0

0

0

Changes in Restructuring Accrual

2,502

1,959

1,978

-3,921

-6,656

-11,617

2,192

4,140

7,383

13,025

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

2,598

175

-1,971

-2,513

-1,713

-1,899

-3,866

-3,950

-3,633

2,010

3,091

-2,022

-2,105

-1,672

-2,859

309

3,840

-236

2,921

-1,684

8,711

3,486

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable, net

-3,864

-5,450

-1,192

-212

2,750

757

1,422

-1,703

3,561

3,381

1,216

3,914

7,319

1,184

-232

-206

-4,457

-3,257

601

-1,221

1,439

1,482

-2,754

1,744

526

4,292

-301

3,439

9,362

10,182

6,765

4,598

-2,176

-6,886

0

0

0

Retirement and pension plan assets and liabilities

3,741

3,258

1,351

73

-1,574

-1,492

-752

294

2,304

3,065

4,004

4,577

4,314

4,215

1,798

165

-156

-1,142

4,446

5,870

5,359

4,477

727

491

1,119

1,201

1,212

1,337

1,329

1,594

1,913

882

1,040

667

0

0

0

Prepaid expenses

-388

-455

1,603

1,479

12,412

-893

-988

-3,731

-3,405

797

267

-2,455

-2,370

-2,330

-9,670

-6,175

-7,746

-4,388

290

-1,331

-1,034

-207

-2,025

2,004

1,700

625

235

-5,988

-3,834

-2,897

-727

1,004

-19

1,186

0

0

0

Other assets and liabilities, net

10,075

1,557

1,887

-3,233

-1,549

-4,748

4,865

6,173

11,145

5,626

-5,441

-13,759

-5,641

-3,449

-2,595

5,902

-6,202

1,281

-8,451

-6,436

-7,348

-8,194

-139

170

-2,431

-3,504

145

-1,156

28

1,495

-1,774

-5,936

-5,795

-5,277

0

0

0

Net cash used in operating activities

399,518

78,645

161,206

88,079

85,135

102,902

80,086

46,122

39,990

66,970

34,937

20,673

30,580

21,924

28,609

35,760

26,172

57,583

38,772

38,668

43,901

56,764

53,850

47,491

38,185

44,033

43,787

40,910

42,507

12,493

12,267

29,506

24,963

44,774

0

0

0

Cash flows - investing activities
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,228

-6,501

6,501

0

-50

-49

190

53

27

50

-189

-26

6,562

6,487

6,487

6,230

-352

-1,006

-1,186

-83

0

0

0

Payments to Acquire Businesses, Gross

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Property, Plant, and Equipment

4,207

3,352

3,662

5,205

5,676

5,960

5,800

6,127

11,041

14,022

16,333

14,702

8,793

5,351

4,709

7,271

10,866

16,427

14,647

11,740

8,514

3,359

4,420

4,240

3,913

3,731

3,176

3,748

6,099

7,504

8,014

13,343

15,939

18,016

0

0

0

Purchases of available-for-sale investments

130,858

130,411

83,301

40,787

2,131

2,201

2,198

2,197

2,211

2,269

2,231

2,191

2,149

2,475

2,485

2,497

2,504

1,526

1,469

1,411

1,363

963

984

1,006

1,027

749

759

766

776

1,121

1,210

1,305

1,392

986

0

0

0

Proceeds from sales of available-for-sale investments

129,250

67,968

39,267

1,663

2,963

2,995

3,023

2,594

1,293

1,404

1,296

665

672

535

638

747

758

758

748

747

736

1,084

1,063

780

688

252

185

124

120

137

132

130

116

83

0

0

0

Loan to equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,008

0

0

0

Net cash provided by (used in) investing activities

-9,335

-69,315

-51,180

-44,251

-4,717

-8,249

-8,094

-9,141

-15,533

-15,251

-24,860

-41,559

-35,723

-35,013

-37,362

-21,838

-25,193

-27,507

-15,318

-12,355

-9,331

-3,291

-5,391

-5,539

-5,086

-5,225

-62,845

-63,410

-65,775

-67,251

-8,755

-17,368

-19,886

-23,700

0

0

0

Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Lines of Credit

-

-

-

-

-

20,000

20,000

20,000

33,000

40,000

40,000

40,000

15,000

0

0

26,500

28,000

29,500

31,000

6,000

6,000

6,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows - financing activities
Proceeds from Lines of Credit

100,000

0

0

0

0

20,000

20,000

20,000

20,000

40,000

40,000

40,000

40,000

0

0

0

0

-

-

-

-

-

-

-

-

40,000

0

0

0

-

-

-

0

-

-

-

-

Cash dividends paid

11,902

11,835

11,474

11,042

10,645

10,181

10,008

9,994

9,984

10,111

10,189

10,168

10,103

9,955

9,937

9,934

9,930

9,991

9,996

10,018

9,903

9,864

9,749

9,590

9,625

7,260

9,572

9,564

9,553

11,991

9,637

9,613

9,696

9,723

0

0

0

Payment of employee tax withholdings on equity transactions

1,550

4,552

4,552

4,553

4,553

2,234

2,234

2,233

2,233

2,392

2,392

2,392

2,392

2,676

2,676

2,734

2,734

878

878

820

844

406

472

543

734

713

670

660

860

1,653

1,731

1,673

1,789

2,853

0

0

0

Payment for Contingent Consideration Liability, Financing Activities

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment Of Contingent Consideration

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-103,006

-18,240

-22,452

-20,575

-32,178

-16,988

-12,242

-12,287

-27,585

-17,060

-14,239

-14,158

6,141

-17,193

-20,125

-46,721

-46,297

-46,338

-47,792

-22,715

-20,860

-19,660

-19,611

-19,523

-16,716

27,170

26,401

26,796

28,083

-15,148

-12,872

-11,667

-11,485

-12,576

0

0

0

Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash

-

-

-

-

-

-5,565

-1,275

2,954

8,216

7,933

2,761

672

-1,903

-2,365

-107

-1,694

-260

-4,638

-6,239

-7,064

-7,490

-4,107

-2,101

1,226

-638

-1,937

-1,690

-1,452

-1,795

2,121

998

-6,698

-3,122

-4,232

0

0

0

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect

136,238

-8,543

11,558

18,882

40,767

72,100

58,475

27,648

5,088

42,592

-1,401

-34,372

-905

-32,647

-28,985

-34,493

-45,578

-20,900

-30,577

-3,466

6,220

29,706

26,747

23,655

15,745

64,041

5,653

2,844

3,020

-67,785

-8,362

-6,227

-9,530

4,266

0

0

0

Supplemental disclosures of cash flow information