J2 GLOBAL, INC. JCOM Cash Flow

J2 global, inc. (JCOM)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash flows from operating activities:
Net (loss) income
218,806	128,687	139,425	152,439	133,636	125,327	107,522	121,663	114,766	83,047	66,827	72,562
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization
232,032	187,174	162,041	122,091	93,213	62,953	39,788	22,164	19,756	14,510	14,707	13,177
Accretion and amortization of discount and premium of investments
-	-	-	-	-	-1,334	-1,796	1,603	941	837	-	-
Amortization of financing costs and discounts
14,038	11,385	11,952	9,818	9,105	5,045	613	249	0	0	-	-
Operating Lease Right of Use Asset Amortization
21,419	0	0	-	-	-	-	-	-	-	-	-
Share-based compensation
23,922	28,093	22,737	13,650	11,793	8,908	9,720	9,132	8,968	10,937	11,018	7,986
Excess tax benefits from share-based compensation
-	-	-	-	-	5,512	2,695	-961	-13,561	-62	3,063	1,565
Provision for doubtful accounts
13,134	17,338	13,159	13,169	6,872	4,702	3,135	4,289	6,900	1,965	2,378	2,815
Deferred income taxes, net
-63,444	25,050	-21,432	-13,779	-17,083	-10,033	250	1,150	6,822	-541	-629	-2,908
Loss on extinguishment of debt and related interest expense
0	0	-7,962	0	0	-	14,400	0	0	-	-	-
Gain on sale of businesses
0	0	27,681	0	0	-	-	-	-	-	-	-
Changes in fair value of contingent consideration
6,318	18,944	2,300	4,850	16,200	-	-	-	-	-	-	-
Loss on equity method investments
-139	-10,506	0	0	-	-	-	-	-	-	-	418
Loss on disposal of fixed assets
-	-	-	-	-	-	8	54	117	64	-2,529	6
Loss on trading securities
-	-	-	-	-	-	-	-	-	-	-4	-
Gain on available-for-sale investment
-	-	-	7,716	549	90	66	-266	-552	-4,477	1,812	-
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount
4,200	0	0	-	-	-	-	-	-	-	-	-
Decrease (increase) in:
Other-than-temporary impairment losses
-	-	-	-	-	-	-	-	-	-	9,343	-
Accounts receivable
30,680	-4,034	37,546	30,687	18,508	11,078	-9,588	-5,417	-9,509	-246	6	1,809
Prepaid expenses and other current assets
8,685	-2,211	-4,001	957	-1,461	3,212	149	-2,028	4,261	-2,253	2,253	-1,403
Other assets
4,083	-2,391	2,712	497	3,881	42	168	-243	204	-162	35	-46
(Decrease) increase in:
Accounts payable and accrued expenses
-770	-35,220	-34,116	6,363	8,757	-5,447	9,126	5,138	847	1,318	-3,677	-994
Income taxes payable
-1,738	-29,042	14,888	25,409	3,578	10,797	667	4,139	9,679	-15,767	-1,161	-5,633
Deferred revenue
6,844	11,991	941	-4,213	-3,480	-711	12,368	1,612	8,664	-1,592	-537	-2,118
Increase Decrease in Operating Lease Liabilities
-20,240	0	0	-	-	-	-	-	-	-	-	-
Liability for uncertain tax positions
-453	7,694	4,936	10,620	-5,718	-6,313	6,186	7,601	-7,786	8,114	8,178	7,399
Other long-term liabilities
1,816	10,089	3,564	-18,173	-6,335	603	-392	32	231	693	22	-57
Net cash provided by operating activities
412,539	401,325	264,419	282,387	229,061	177,231	193,324	169,911	150,748	96,385	101,833	90,716
Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Transition Tax For Accumulated Foreign Earnings, Provisional Income Tax Expense
-	-	-	0	-	-	-	-	-	-	-	-
Cash flows from investing activities:
Proceeds from Equity Method Investment, Distribution, Return of Capital
10,300	0	0	-	-	-	-	-	-	-	-	-
Payments to Acquire Equity Method Investments
29,584	36,635	0	0	-	-	-	-	-	-	-	-
Maturity of certificates of deposit
-	-	-	-	-	14,520	42,615	8,000	0	31,653	-	-
Redemptions/Sales of held-to-maturity investments
-	-	-	-	-	-	-	-	-	-	-	27,881
Payments to Acquire Other Investments
-	-	-	-	-	65	22,071	34,673	8,000	0	31,372	-
Maturity of investments
-	-	-	241,817	121,752	110,363	140,126	138,709	29,777	48,843	2,706	36,170
Purchases of available-for-sale investments
0	500	4	80,918	135,894	138,452	168,901	151,989	82,879	52,921	12,900	-
Purchases of property and equipment
70,588	56,379	39,595	24,746	17,297	11,829	18,627	5,061	6,844	1,842	3,251	2,507
Proceeds from sale of assets
-	-	-	-	-	608	1	156	4	13	-	25
Acquisition of businesses, net of cash received
415,343	312,430	174,951	580,691	302,809	245,278	126,341	198,341	3,926	248,568	12,500	42,825
Proceeds from sale of businesses, net of cash divested
0	0	58,300	0	0	-	-	-	-	-	-	-
Purchases of intangible assets
46	669	2,240	4,321	1,455	5,336	14,200	6,295	4,312	8,312	5,472	3,818
Proceeds from sale of intangible assets
-	-	-	-	-	-	-	-	-	-	1,340	-
Net cash used in investing activities
-505,273	-406,613	-158,490	-448,859	-335,703	-275,469	-167,398	-249,494	-76,180	-231,134	-61,449	14,926
Cash flows from financing activities:
Issuance of long-term debt
550,000	0	650,000	0	0	402,500	0	245,000	0	0	-	-
Payments of Debt Issuance Costs
12,862	0	13,515	-	-	11,991	47	1,384	0	0	-	-
Payment of debt
5,100	2,204	255,000	0	0	-	-	-	-	-	-	-
Proceeds from Lines of Credit
185,000	0	44,981	178,710	0	0	-	-	-	-	-	-
Repayments of Lines of Credit
185,000	0	225,000	0	0	-	-	-	-	-	-	-
Repurchase of common stock
20,803	47,102	9,850	56,496	3,674	5,663	4,587	60,282	1,281	4,221	470	108,492
Issuance of common stock under employee stock purchase plan
4,512	2,084	259	254	260	265	213	157	142	109	120	183
Exercise of stock options
5,300	1,500	1,100	3,570	4,958	6,621	13,604	5,646	7,090	6,721	2,708	1,829
Proceeds from noncontrolling interests
-	-	-	-	-	-	-	8,557	0	0	-	-
Dividends paid
43,533	81,679	73,469	65,835	58,826	52,269	45,134	40,263	19,174	0	-	-
Excess tax benefits from share-based compensation
-	-	-	-	-	5,512	2,695	961	13,561	62	3,063	1,565
Deferred payments for acquisitions
18,876	3,558	7,637	20,832	14,271	16,512	0	0	-	-	-	-
Other
-1,917	-443	-54	1,779	4,190	-933	-2,437	0	0	-	-	-
Net cash used in financing activities
456,695	-131,362	111,823	41,150	-67,363	327,530	-35,693	158,392	338	2,671	5,421	-104,915
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
2,180	-4,821	9,243	-6,258	-4,128	-3,430	-1,112	512	-299	-581	826	-4,167
Net change in cash and cash equivalents
366,141	-141,471	226,995	-131,580	-178,133	225,862	-10,879	79,321	74,607	-132,659	46,631	-3,440