International speedway corporation (ISCA)
CashFlow / TTM
Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10
OPERATING ACTIVITIES
Net income

76,971

75,896

77,492

225,284

274,105

262,339

258,897

110,823

67,201

69,109

77,780

76,338

76,184

70,055

61,512

56,634

50,176

54,323

62,437

67,379

58,760

50,703

51,674

45,292

52,823

59,652

50,952

54,578

56,308

66,995

65,128

69,424

58,178

52,137

50,526

54,531

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Gain on assumption of controlling interest in equity investee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,447

5,447

5,447

5,447

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

113,648

111,289

109,339

106,819

106,775

108,561

109,971

109,733

107,711

105,894

103,611

102,156

98,765

96,993

95,764

94,727

95,343

93,557

91,588

90,352

95,326

100,050

96,920

93,989

86,540

78,744

78,253

77,870

77,698

77,317

77,184

76,871

75,936

75,861

75,252

74,465

0

0

0

Stock-based compensation

3,583

3,540

3,495

3,462

2,666

2,609

2,765

2,731

3,823

3,881

3,698

3,706

3,141

3,038

2,987

2,944

3,131

3,145

3,103

2,826

2,535

2,564

2,439

2,533

2,415

2,153

2,078

1,874

1,746

1,645

1,465

1,466

1,493

1,616

1,678

1,819

0

0

0

Amortization of financing costs

1,654

1,431

1,421

1,410

1,415

1,647

1,663

1,682

1,680

1,699

1,725

1,745

1,782

1,785

1,784

1,787

1,779

1,780

1,780

1,779

1,674

1,567

1,356

1,397

1,440

1,434

1,741

1,605

1,589

1,614

1,441

1,398

1,244

1,053

850

671

0

0

0

Interest and other consideration received on Staten Island note receivable

-

-

-

-

-

-

-

-

-

-

-

1,162

2,324

3,486

4,648

4,648

4,214

7,411

6,035

5,087

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Deferred income taxes

15,804

902

2,263

-135,674

-145,242

-147,603

-149,999

-13,953

11,420

13,324

19,849

72,936

56,875

37,711

32,368

-15,678

1,635

-1,956

-15,520

-12,346

-7,201

26,749

41,508

36,012

20,825

7,349

6,481

12,184

23,668

26,638

31,951

35,688

39,343

35,307

30,744

22,799

0

0

0

Income from equity investments

24,297

23,055

22,981

21,777

21,489

20,344

19,792

19,111

17,499

16,200

14,570

14,913

14,313

14,453

14,786

14,060

13,404

12,248

10,541

8,916

9,033

9,597

10,033

9,434

7,940

5,914

4,078

2,757

601

-2,110

-4,252

-4,177

-3,086

-1,328

-1,055

-1,904

0

0

0

Distribution from equity investee

25,453

24,444

24,111

22,932

22,661

21,562

20,978

20,274

18,656

17,203

15,727

16,067

15,462

15,602

15,946

15,209

14,564

13,409

11,690

10,076

7,815

8,379

10,122

8,216

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on retirements of long-lived assets, non-cash

2,714

2,891

3,690

4,471

12,655

11,845

10,780

9,648

2,038

1,907

1,518

2,399

3,954

4,007

4,022

3,490

2,454

2,756

3,005

2,644

3,903

9,106

9,322

10,023

9,313

3,536

8,724

8,055

7,048

7,518

1,865

4,687

10,917

11,075

11,508

8,859

0

0

0

Other, net

993

404

217

608

305

509

696

177

263

-49

255

277

325

285

716

702

333

382

-390

-380

-178

-125

-2

26

102

-36

69

829

697

310

266

-551

-793

-365

-408

-398

0

0

0

Changes in operating assets and liabilities:
Receivables, net

-1,174

-10,380

-17,950

5,564

5,131

-3,270

2,276

1,824

2,388

14,720

-5,142

-6,667

7,934

-8,214

23,902

14,514

806

2,431

2,941

1,776

-24

-1,753

1,471

-4,920

-2,375

586

-10,902

-5,268

-9,032

5,249

-21,316

2,163

7,234

-5,523

-16,932

-7,999

0

0

0

Prepaid expenses and other assets

11,128

14,423

10,459

14,594

2,568

10,643

13,408

1,536

8,181

11,319

11,244

14,751

7,564

679

2,224

-4,466

-4,547

-4,405

-9,972

-1,977

-1,296

78

182

479

-1,505

117

575

-966

-483

-10,853

5,840

601

0

0

0

-

-

-

-

Inventories, prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Accounts payable and other liabilities

3,189

1,764

1,348

-2,828

-901

-3,455

-6,400

-6,996

-4,510

-850

6,129

4,837

5,677

3,468

-1,598

5,128

-1,595

-1,673

-644

-517

316

960

-94

3,658

6,178

4,873

2,315

-2,521

-12,848

-1,526

-5,300

-649

-9,024

-15,727

-14,085

-19,251

0

0

0

Deferred income

-2,066

-13,850

-27,090

-2,396

-12,523

3,602

5,001

1,368

2,569

-3,156

-6,687

192

-831

7,535

13,256

2,621

4,597

2,317

9,316

-1,692

-1,540

-4,188

-14,036

-8,990

-4,639

-3,312

-7,045

-3,023

-2,668

-25,545

6,494

-4,955

-3,436

-1,766

-33,743

-15,657

0

0

0

Income taxes

-8,372

4,965

28,372

24,402

-5,618

-6,381

-31,687

-21,275

-646

2,184

6,299

1,255

13,707

15,526

8,466

5,287

-12,053

-10,132

329

11,041

14,532

-5,411

-5,983

-13,716

-9,558

1,696

4,677

-2,345

-750

10,195

10,799

13,138

-16,268

-14,944

-22,216

-26,396

0

0

0

Net cash provided by operating activities

197,334

185,770

208,734

205,339

226,500

226,500

185,797

191,387

181,611

169,005

195,091

245,888

233,273

238,372

197,527

151,987

154,249

154,281

169,999

162,847

167,497

177,235

176,311

173,395

169,182

154,369

154,356

150,925

160,008

172,255

210,489

199,032

155,784

140,326

119,789

112,394

0

0

0

INVESTING ACTIVITIES
Capital expenditures

103,157

137,335

176,519

159,792

189,754

169,584

131,823

145,133

108,118

99,583

107,796

140,793

159,513

160,866

166,187

155,016

157,187

185,156

196,107

183,936

171,145

138,615

110,680

85,539

81,104

78,412

76,182

82,872

70,362

77,639

77,945

76,848

86,324

80,086

93,733

105,934

0

0

0

Proceeds from short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

400

0

0

0

Purchases of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

0

0

0

Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,142

0

0

0

Distribution from equity investee

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Equity investments and advances to affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51,984

74,310

90,006

110,880

60,625

48,062

39,546

17,733

31,545

0

0

0

Cash included in assumption of ownership interest in equity investee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,686

4,686

4,686

4,686

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of Staten Island property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of assets

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of assets

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

280

279

280

0

-4

1

4

9

13

12

59

6

114

50

-40

5

-110

173

200

-32

-529

-783

-881

-646

-157

-126

-173

-1,423

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-88,680

-121,986

-160,946

-135,442

-185,223

-162,915

-125,441

-139,363

-100,502

-91,426

-30,774

-63,808

-77,277

-75,976

-146,601

-133,738

-140,661

-173,828

-186,319

-162,516

-145,197

-108,835

-82,313

-66,287

-59,560

-63,039

-61,927

-122,433

-143,272

-165,290

-186,629

-136,527

-133,503

-118,304

-107,263

-128,207

0

0

0

FINANCING ACTIVITIES
Proceeds under credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130,000

0

0

0

-

-

-

-

-

-

-

-

Payments under credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

82,000

0

0

0

-

-

-

-

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65,000

0

0

0

-

-

-

-

Payment of long-term debt

4,137

4,121

4,106

4,091

3,781

3,767

3,752

3,738

3,449

3,434

3,422

3,408

3,222

3,295

3,366

3,437

3,120

3,014

2,910

2,807

2,541

2,532

2,522

2,513

2,294

2,284

89,316

89,306

89,124

89,683

3,223

3,216

65,943

42,773

67,868

67,974

0

0

0

Deferred financing fees

-

-

-

-

-

-

-

249

1,302

1,101

1,101

1,058

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

439

0

0

0

-

-

-

-

Exercise of Class A common stock options

-

-

-

991

992

888

1,246

528

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51

0

0

0

-

-

-

-

Reacquisition of previously issued common stock

-

-

-

-

-

-

-

36,349

54,092

46,582

52,505

55,712

37,971

26,454

7,205

984

0

0

0

-

-

-

-

-

-

-

-

10,556

26,707

35,701

45,309

37,404

24,060

15,066

5,377

8,262

0

0

0

Net cash used in financing activities

-51,973

-52,170

-58,321

-57,588

-31,761

-48,527

-55,288

-59,049

-77,556

-69,482

-75,751

-78,901

-59,916

-41,876

-22,698

-16,548

-16,230

-15,178

-14,414

-14,311

-13,782

-12,794

-12,669

-12,660

-33,677

-32,821

-79,902

-60,191

-25,187

-33,969

-27,132

-36,593

-15,627

-57,584

-42,975

-58,593

0

0

0

Net increase in cash and cash equivalents

-

-

-10,533

-

-

-

5,068

-7,025

3,553

8,097

88,566

103,179

96,080

120,520

28,228

1,701

-2,642

-34,725

-30,734

-13,980

8,518

55,606

81,329

94,448

75,945

58,509

12,527

-31,699

-8,451

-27,004

-3,272

25,912

6,654

-35,562

-30,449

-74,406

0

0

0