Jmp group llc (JMPD)
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'14
Cash flows from operating activities:
Net (loss) income

-23,534

-6,556

438

5,677

5,663

-1,223

-2,418

-3,984

-10,975

-13,371

-11,502

-9,445

87

7,462

6,705

3,909

10,078

6,791

23,337

21,446

23,857

21,983

0

0

0

Adjustments to reconcile net loss (income) to net cash used in operating activities:
Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2

-2

-2

-7

0

0

0

-

-

-

-

Provision for loan losses

-

-

-

-

-

5,124

5,074

3,988

4,562

4,363

4,094

3,622

2,221

1,586

1,995

2,662

1,664

1,090

-1,154

-761

-4

436

0

0

0

Accretion of deferred loan fees

-

-

-

-

-

-

-

-

-

-

-

-

-

2,351

1,599

1,654

1,900

1,827

1,720

1,627

1,138

1,202

0

0

0

Amortization of liquidity discount, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-146

-142

-138

-135

-131

-128

-125

-123

-119

0

0

0

Amortization of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

433

646

540

435

423

208

314

419

399

0

0

0

Amortization of original issue discount, related to CLO II, CLO III, and CLO IV

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-1,698

-

-1,443

-1,304

-1,169

-1,036

0

0

0

Interest paid in kind

-

-

-

-

-

-

-

-

-

-

-

-

-

-53

0

0

0

-

-

-

-

-

-

-

-

Loss on sale and payoff of loans and mark-to-market of loans

-

-

-

-

-

532

1,299

465

412

-797

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid in kind

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

(Gain) loss on sale and payoff of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,402

-

-1,989

-2,031

-1,450

-492

0

0

0

Gain on repurchase of bonds payable and asset-backed securities issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Gain on repurchase, reissuance or early retirement of debt

0

-

-

-

-

-2,838

-3,403

-3,443

-8,943

-6,107

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in other investments:
(Income) loss from investments in equity method investees

1,900

1,557

1,837

1,267

2,234

259

-2,005

-4,617

-7,691

-6,360

-2,190

781

1,227

2,200

403

-1,410

-273

159

0

0

0

-

-

-

-

Unrealized gain on other investments

-

-

-

-

-

672

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on other investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized (gain) loss on other investments

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized loss on other investments

-

-

-

-

-

-

-

-

-

-446

48

998

8,355

8,003

7,773

8,112

2,116

3,395

3,678

2,713

2,062

755

0

0

0

Depreciation and amortization

267

1,659

1,731

1,430

3,058

1,482

1,310

1,246

1,295

1,322

1,391

1,180

1,226

1,280

1,314

1,392

1,283

1,177

1,073

918

930

931

0

0

0

Share-based compensation expense

1,964

1,994

2,004

1,828

1,563

1,549

1,931

2,429

2,623

2,955

3,721

4,518

5,299

5,761

6,267

6,505

7,560

8,345

8,763

9,357

9,499

9,431

0

0

0

Gain on deconsolidation

-

3,520

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value on other equity investments

-

-

-

-

-

-

-

-

-

-

-

274

-2,620

-1,061

1,407

1,825

2,782

3,573

17,509

15,150

24,372

19,283

0

0

0

Incentive fees reinvested in general partnership interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,614

-5,839

-8,164

-16,018

-17,863

0

0

0

Distributions of investment income from equity method investments

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-44

-114

-293

-94

-451

-296

-382

-382

-7

-176

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,722

-

-8,558

-14,175

-19,645

-17,457

0

0

0

Net change in operating assets and liabilities:
Decrease (increase) in interest receivable

81

5,029

4,857

5,346

5,403

745

995

682

-110

-1,170

-952

-1,451

-1,032

-191

-333

877

818

735

1,022

368

744

841

0

0

0

Decrease in receivables

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in receivables

-

-

-

-

-

-

-

6,751

824

3,976

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase in receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14,185

-

-2,016

2,829

-11,298

-1,849

0

0

0

Decrease in marketable securities

-31,396

-16,131

-10,963

-13,362

-4,329

-1,951

-1,821

222

-918

2,103

462

-6,658

-6,880

-9,771

-13,159

-30,929

-9,514

-973

-918

21,978

5,447

171

0

0

0

Decrease (increase) in restricted cash (excluding restricted cash reserved for lending activities)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,631

-

-2,007

-7,430

8,578

4,679

0

0

0

Increase in other assets

7,441

9,479

10,980

11,931

2,917

-6,138

-5,500

-5,719

-10,248

723

5,377

3,447

11,862

-2,618

-7,427

-3,162

-1,537

-9,232

2,314

-1,118

24,582

17,435

0

0

0

Decrease in marketable securities sold, but not yet purchased

-737

-771

-2,767

-2,906

-3,584

-3,293

-15,397

-140

1,074

3,172

12,115

-7,999

-8,167

-8,537

-5,716

136

-4,304

-1,764

-3,860

-11,036

3,171

1,299

0

0

0

Increase (decrease) in interest payable

-324

-4,063

-3,195

-1,074

1,619

4,698

2,814

5,131

274

195

1,596

-2,095

-42

940

706

723

-1,791

-191

1,800

1,669

4,336

2,801

0

0

0

Decrease in accrued compensation

-55

-11,089

-15,237

-11,350

-4,150

-1,522

5,086

6,550

1,544

6,973

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in other liabilities

624

4,983

6,445

7,004

1,153

1,517

-4,629

-5,958

-7,291

-7,706

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in accrued compensation and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,996

-13,188

-20,642

-6,221

-32,136

-15,426

-8,798

-8,056

7,818

0

0

0

Net cash used in operating activities

1,244

-18,891

-15,736

5,702

1,651

22,647

23,852

15,736

19,236

3,237

-8,874

-12,956

-14,040

8,878

12,586

32,041

30,804

-3,810

2,748

-11,895

-13,258

6,444

0

0

0

Cash flows from investing activities:
Purchases of fixed assets

1,017

1,388

1,617

1,477

1,679

1,153

1,014

821

421

341

373

311

453

494

421

1,940

2,709

2,873

2,965

1,957

1,154

1,072

0

0

0

Purchases of other investments

11,799

12,604

12,934

10,332

1,771

1,921

5,853

6,053

6,366

6,362

3,486

4,591

5,766

7,555

21,143

20,012

17,610

22,727

14,057

30,681

34,392

49,778

0

0

0

Sales or distributions from other investments

15,823

10,441

10,748

13,234

21,586

14,042

16,078

14,525

8,585

14,429

19,391

32,348

41,500

46,582

62,597

54,260

49,322

46,952

38,677

46,271

42,009

52,626

0

0

0

Funding of loans collateralizing asset-backed securities issued

-

35,153

162,165

276,949

397,331

434,820

200,934

190,160

530,077

507,557

733,451

699,864

302,547

304,606

233,068

270,361

400,486

291,660

1,384,696

1,092,359

744,874

673,586

0

0

0

Funding of small business loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Funding of loans held for investment

-

25,679

53,464

140,110

301,731

339,874

380,547

307,067

145,217

81,972

13,514

256

0

0

30

30

733

640

0

0

0

-

-

-

-

Sale, payoff and principal receipts of loans collateralizing asset-backed securities issued

-

23,806

154,728

250,552

340,058

399,161

151,265

161,458

344,013

389,575

746,197

776,890

593,836

519,063

336,656

286,106

306,100

289,720

311,841

292,129

278,395

301,646

0

0

0

Principal receipts on loans collateralizing asset-backed securities issued

-

-

-

-

-

-

-

-

-

-

-

-

-

68,030

58,330

61,712

60,002

70,387

71,410

69,275

75,431

60,755

0

0

0

Sale, payoff and principal receipts on loans held for investment

1,099

7,941

10,001

14,430

34,961

29,516

28,452

-9,144

4,132

2,701

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and restricted cash due to deconsolidation of subsidiaries

-

27,771

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in restricted cash reserved for lending activities

-

-

-

-

-

-

-

-

-

-

-

-

-

176,134

63,156

-17,023

6,690

1,552

-122,425

20,929

-12,963

-6,975

0

0

0

Net changes in cash collateral posted for derivative transactions

-

-

-

-

-

-

-

-

-

-25,000

-25,240

-23,700

700

0

0

0

0

-

-

-

-

-

-

-

-

Cash and cash equivalents derecognized due to adoption of new consolidation guidance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Net cash provided by (used in) investing activities

3,488

-60,448

-82,474

-178,423

-333,678

-335,049

-391,523

-300,741

-265,398

-130,514

-13,594

39,103

208,269

145,160

139,629

126,671

75,486

62,587

50,606

-199,850

-230,066

-303,606

0

0

0

Cash flows from financing activities:
Proceeds from issuance of Repurchase Agreement

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from CLO III warehouse

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207,393

0

0

0

Proceeds from drawdowns on CLO warehouse facilities

-

16,583

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

0

0

0

Repayment of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from issuance of repurchase agreement

-

-

-

-

-

3,878

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of note payable to affiliate

-

-

-

-

-

829

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs

-

-

-

-

-

1,897

3,861

3,821

3,801

1,964

0

0

0

-

-

-

-

-

-

-

-

1,740

0

0

0

Redemption/repurchase of bonds payable

-

-

-

-

-

-

-

-

-

-

-

-

-

385

0

0

0

-

-

-

-

-

-

-

-

Repayment of asset-backed securities issued

-

801

1,080

1,080

1,080

332,379

332,100

332,100

629,515

503,617

535,825

567,893

301,178

106,800

100,333

96,303

73,578

68,202

55,525

53,313

48,970

45,661

0

0

0

Repurchase of bonds payable

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds of issuance from asset-backed securities issued

-

-

-

-

-

699,107

699,107

327,605

736,040

408,394

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Distributions and distribution equivalents paid on common shares and RSUs

-

3,526

4,654

5,812

6,906

7,874

7,838

7,842

7,854

7,770

7,964

7,943

7,700

8,362

9,072

10,507

11,235

10,182

8,937

6,962

6,708

5,153

0

0

0

Capital contributions of nonredeemable non-controlling interest holders

-

-

-

-

-

449

449

449

445

92

92

92

92

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds from exercises of share options

-

-

-

-

-

-

-

-

-

1,218

0

0

0

-

-

-

-

-

-

-

-

48,300

0

0

0

Proceeds from exercises of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Purchase of common shares for treasury

-

8,615

9,555

10,339

2,875

3,250

2,733

3,207

3,128

2,084

0

0

0

-

-

-

-

-

-

-

-

11,702

0

0

0

Distributions to non-controlling interest shareholders

-

977

1,800

2,678

3,219

2,414

2,336

2,255

2,745

4,677

4,997

5,890

7,413

7,077

7,899

8,453

9,849

9,079

7,271

5,208

3,530

3,175

0

0

0

Employee taxes paid on shares withheld for tax-withholding purposes

496

554

0

0

0

-

-

-

-

1,478

2,416

2,293

2,293

2,109

0

0

0

-

-

-

-

-

-

-

-

Cash settlement of share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Cash settlement of share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Sale of subsidiary shares to non-controlling interest holders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,316

0

0

0

Excess tax benefit related to share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Net cash (used in) provided by financing activities

-8,140

-2,552

25,722

129,748

256,880

307,889

339,943

241,685

216,071

-48,550

-144,399

-183,360

-327,338

-137,097

-126,129

-124,251

-101,806

-91,588

-78,507

197,653

250,985

332,618

0

0

0

Net decrease in cash, cash equivalents, and restricted cash

-3,408

-81,891

-72,488

-42,973

-75,147

-4,513

-27,728

-43,320

-30,091

-175,827

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

16,941

26,086

34,461

4,484

-32,811

-25,153

-14,092

7,661

35,456

0

0

0

Supplemental disclosures of cash flow information:
Cash paid during the period for interest

7,880

20,521

32,264

42,002

49,004

44,854

44,678

34,070

35,036

33,508

0

0

0

-

-

-

0

-

-

-

18,880

18,306

0

0

0

Cash paid (received) during the period for taxes, net of refunds

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during the period for taxes

-

-

-

-

-

-

-

-

-

2,420

0

0

0

-

-

-

0

-

-

-

-

6,554

0

0

0

Non-cash investing and financing activities:
Reissuance of common shares from treasury related to vesting of restricted share units

2,037

2,194

2,245

2,239

1,952

1,678

3,632

4,238

4,114

5,399

7,175

6,613

6,604

5,281

7,948

7,945

7,949

7,985

7,167

7,107

7,401

7,462

0

0

0

Distributions declared but not yet paid

-

-

-

-

634

640

651

650

648

652

655

659

440

639

629

694

957

851

0

0

0

-

-

-

-

Acquisition of equity securities in restructuring of loans

-

736

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease right-of-use assets

-

23,604

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease right-of-use liabilities

-

29,278

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Carrying value of noncash assets derecognized on deconsolidation of subsidiaries

-

1,226,848

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Carrying value of noncash liabilities derecognized on deconsolidation of subsidiaries

-

1,161,933

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Carrying value of non-controlling interest derecognized on deconsolidation of subsidiaries

-

12,842

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of marketable securities recognized on deconsolidation of subsidiaries

-

76,879

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of other investments recognized on deconsolidation of subsidiaries

-

7,516

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of investments in hedge funds

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

CNB [Member]
Proceeds from drawdowns on line of credit

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

BNP Paribas [Member]
Proceeds from drawdowns on line of credit

-

-

-

-

-

286,250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-