Kb home (KBH)
CashFlow / TTM
Feb'20Nov'19Aug'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
Cash flows from operating activities:
Net income

298,512

268,775

242,444

261,784

271,631

170,365

157,875

120,607

95,081

180,595

133,777

122,932

106,747

105,615

112,104

95,995

89,971

84,643

893,427

898,534

915,585

918,349

93,664

92,581

62,984

39,963

19,571

-4,446

-25,609

-58,953

-52,766

-65,676

-110,044

-178,768

-175,237

-166,985

-129,190

-69,368

0

0

0

Adjustments to reconcile net income to net cash used in operating activities:
Income (Loss) from Equity Method Investments

15,412

10,681

8,535

11,281

10,189

9,367

8,595

2,363

1,639

2,825

-2,064

-2,314

-3,651

-5,601

-1,971

-1,331

1,231

2,488

2,398

1,134

-1,090

1,427

516

882

995

-933

-951

2,108

2,383

1,797

21,859

18,638

19,504

-36,553

-56,736

-56,863

-55,352

772

0

0

0

Distributions of earnings from unconsolidated joint ventures

12,200

6,450

9,200

7,450

10,147

9,047

6,297

5,147

1,300

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

1,949

1,638

4,954

4,754

3,316

5,707

2,390

8,517

8,703

16,722

19,223

15,596

20,410

0

0

0

Loss on loan guaranty

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,765

0

0

0

-

-

-

-

Gain on sale of operating property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Amortization of discounts, premiums and issuance costs

3,571

4,426

5,055

5,704

6,148

6,232

6,244

6,384

6,460

6,573

6,914

7,120

7,360

7,576

7,540

7,594

7,699

7,738

7,744

7,678

7,444

7,124

6,782

6,320

5,976

5,347

4,677

4,056

3,408

3,016

2,640

2,389

2,177

2,150

2,204

2,192

2,171

2,149

0

0

0

Depreciation and amortization

28,070

27,200

20,443

14,029

8,318

2,500

2,531

2,551

2,626

2,800

3,025

3,305

3,539

3,637

3,627

3,597

3,506

3,411

3,290

3,040

2,758

2,420

2,129

1,943

1,859

1,857

1,880

1,781

1,695

1,622

1,542

1,652

1,827

2,031

2,297

2,669

2,993

3,289

0

0

0

Deferred income taxes

-77,302

-73,303

-62,850

-67,550

-79,250

-191,817

-214,116

-215,916

-215,316

-105,348

-73,511

-58,511

-47,511

-43,211

-53,420

-49,136

-43,236

-43,036

810,016

819,532

822,632

825,232

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-5,685

-5,685

-5,685

-5,685

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-10,278

-10,278

-2,003

-2,003

3,612

3,612

3,612

3,176

-1,802

0

0

0

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

583

0

0

0

Stock-based compensation

19,110

18,312

18,191

17,032

16,184

15,861

16,889

16,391

15,310

14,633

16,563

16,381

17,109

16,850

16,879

17,221

16,855

17,143

13,584

12,802

10,501

9,099

8,062

7,380

6,465

5,699

5,625

5,552

6,070

6,713

6,973

7,484

7,730

8,054

7,864

7,820

7,989

8,074

0

0

0

Inventory impairments and land option contract abandonments

19,408

17,291

22,212

25,375

27,564

28,994

27,035

26,734

26,209

25,232

54,176

49,115

54,854

52,812

21,833

22,313

11,109

9,591

0

0

0

-

-

-

0

-

-

-

-

28,533

25,196

19,955

30,609

25,791

26,693

28,908

8,317

19,925

0

0

0

Land Option Contract Abandonment Charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Receivables

-59,728

-44,428

10,960

23,968

63,249

49,778

50,710

40,821

11,744

12,508

-10,753

-2,326

-8,178

-18,965

-44,559

-40,876

-27,014

-9,143

2,276

5,896

8,649

4,998

31,906

27,849

21,700

11,153

-22,495

-7,794

-7,027

-24,994

-4,218

-16,018

-11,446

2,220

-17,616

-26,458

-21,718

-211,318

0

0

0

Inventories

29,205

165,347

289,539

370,800

288,898

270,126

148,113

-73,806

-27,652

-126,085

-71,358

-21,220

-15,066

98,321

158,168

68,545

94,975

-34,852

68,183

317,622

595,532

780,131

856,644

851,701

569,465

563,189

450,093

244,183

142,558

-30,347

-154,863

-139,316

-26,739

12,345

158,083

141,912

145,787

129,334

0

0

0

Accounts payable, accrued expenses and other liabilities

-31,522

-40,583

46,790

66,901

110,669

126,710

141,553

139,636

76,683

66,594

17,888

7,596

-10,824

32,723

-902

-23,113

-20,141

-27,615

-13,121

-27,303

-4,299

9,219

7,836

30,027

47,662

59,763

101,438

70,281

56,065

-2,143

-237,860

-265,681

-258,696

-253,547

-98,835

-145,676

-162,356

-199,205

0

0

0

Other, net

9,134

-710

-695

-741

2,623

773

3,714

4,591

3,706

4,026

991

4,785

3,764

-172

2,049

-3,378

-3,895

-1,888

-2,736

2,618

4,613

4,909

7,363

3,080

1,276

-1,316

5,129

8,518

6,688

12,461

6,925

749

3,041

2,275

448

4,955

2,054

1,669

0

0

0

Net Cash Provided by (Used in) Operating Activities

439,386

251,042

118,876

60,547

164,982

221,512

360,441

558,430

448,581

513,219

394,537

291,534

254,926

188,655

100,657

149,626

86,781

181,185

63,887

-212,062

-458,537

-630,691

-758,689

-730,415

-453,517

-443,486

-291,042

-143,102

-66,831

34,617

-113,406

-166,102

-292,230

-347,545

-279,760

-292,684

-317,127

-133,964

0

0

0

Cash flows from investing activities:
Contributions to unconsolidated joint ventures

10,431

11,290

14,687

15,316

17,173

22,671

19,180

19,189

17,969

18,694

19,756

15,957

14,061

5,602

671

8,132

18,503

20,626

36,018

46,099

42,893

49,097

38,337

24,950

22,673

14,359

11,932

9,212

5,862

-989

62,421

60,791

60,102

67,260

16,110

15,832

13,940

15,669

0

0

0

Return of investments in unconsolidated joint ventures

500

5,001

5,001

13,836

13,836

9,934

12,810

5,176

11,027

11,035

8,971

11,265

5,414

4,307

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of building

0

5,804

5,804

5,804

5,804

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investment in unconsolidated joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,110

10,110

10,110

10,110

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of operating property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80,600

0

0

0

-

-

-

-

Purchases of property and equipment, net

37,105

40,459

35,444

26,207

15,471

7,370

5,579

7,412

8,994

8,085

8,747

6,008

4,386

4,784

5,257

5,963

5,504

4,677

3,737

4,373

4,805

5,795

5,190

4,651

3,537

2,391

2,056

1,909

1,750

1,749

1,220

726

597

242

-148

74

303

420

0

0

0

Net cash used in investing activities

-47,036

-40,944

-39,326

-21,883

-13,004

-20,107

-11,949

-21,425

-15,936

-15,744

-19,532

-10,700

-13,033

-6,079

-2,433

-95

-10,007

-11,303

-25,755

-50,472

-47,698

-44,782

-33,417

-19,491

-16,100

-16,750

-13,988

-11,121

-7,612

-760

-63,641

-61,517

-60,699

13,098

64,638

64,694

66,357

-16,089

0

0

0

Cash flows from financing activities:
Proceeds from issuance of debt

300,000

705,250

405,250

405,250

405,250

0

0

0

0

-

-

-

-

-

-

-

-

250,000

250,000

250,000

650,000

400,000

850,000

850,000

450,000

680,000

230,000

580,000

580,000

694,831

0

0

0

-

-

-

-

-

-

-

-

Issuance costs for unsecured revolving credit facility

5,919

11,128

5,209

5,209

5,209

0

0

0

0

-

-

-

-

-

-

-

-

4,561

4,561

3,337

8,437

5,448

11,887

11,887

9,647

16,525

10,336

15,780

13,507

12,445

0

0

0

-

-

-

-

-

-

-

-

Proceeds from (Repayments of) Restricted Cash, Financing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

9,344

24,426

23,696

23,627

17,891

7,428

17,024

14,099

14,671

9,175

-1,915

2,536

456

4,482

20,860

19,271

22,119

67,073

50,781

57,297

50,996

3,198

-6,206

-30,965

-1,185

0

0

0

Repayment of senior notes

756,231

986,231

630,000

930,000

530,000

300,000

465,000

165,000

165,000

270,326

105,326

105,326

105,326

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

592,645

0

0

0

-

-

-

-

-

-

-

-

Borrowings under revolving credit facility

470,000

610,000

460,000

400,000

210,000

70,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments under revolving credit facility

470,000

610,000

410,000

350,000

210,000

70,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on mortgages and land contracts due to land sellers and other loans

-13,096

-41,116

-36,406

-32,277

-39,409

-14,751

-24,433

-55,236

-64,316

-106,382

-118,375

-102,846

-107,614

-67,845

-51,054

-41,759

-25,814

-22,877

-27,362

-38,199

-36,985

-36,918

-45,183

-34,942

-51,948

-66,296

-49,604

-57,433

-41,586

-26,298

-24,496

-15,330

-20,675

-89,461

-113,847

-110,152

-160,573

-101,154

0

0

0

Proceeds from issuance of common stock, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109,503

109,503

109,503

109,811

0

0

0

0

-

-

-

-

-

-

-

-

Issuance of common stock under employee stock plans

37,918

30,524

21,307

31,702

17,897

20,011

19,918

24,884

25,446

23,162

18,669

8,392

6,005

5,343

0

0

0

-

-

-

-

-

-

-

-

2,181

2,289

2,346

470

593

821

1,707

1,902

1,796

1,668

1,396

1,688

1,851

0

0

0

Stock repurchases

-

-

-

-

-

-

-

-

-

-

-

-

-

85,938

87,798

87,798

88,072

567

800

800

567

546

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

350

0

0

0

Payment, Tax Withholding, Share-based Payment Arrangement

10,165

7,288

5,034

5,034

5,031

8,476

10,917

10,917

10,917

6,673

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of cash dividends

26,337

20,370

14,558

8,847

8,836

8,892

8,849

8,801

8,749

8,642

8,594

8,563

8,531

8,586

8,767

8,951

9,157

9,186

9,190

9,193

9,187

8,982

8,776

8,575

8,371

8,366

8,197

8,032

7,870

10,599

13,491

16,373

19,252

19,240

19,231

19,229

19,226

19,223

0

0

0

Net cash provided by (used in) financing activities

-473,830

-330,359

-249,689

-529,454

-200,377

-347,147

-488,323

-215,823

-224,289

-369,614

-217,920

-208,011

-214,299

-149,917

-115,381

-315,070

-299,997

31,691

17,739

217,352

747,864

501,718

704,649

695,970

150,509

467,071

268,371

377,468

392,626

73,757

119,898

-81,616

-82,194

-155,909

-228,212

-134,191

-208,493

-119,478

0

0

0

Net decrease in cash and cash equivalents

-81,480

-120,261

-170,139

-490,790

-48,399

-145,742

-139,831

321,182

208,356

127,861

157,085

72,823

27,594

32,659

-17,157

-165,539

-223,223

201,573

55,871

-45,182

241,629

-173,755

-87,457

-53,936

-319,108

6,835

-36,659

223,245

318,183

107,614

-57,149

-309,235

-435,123

-490,356

-443,334

-362,181

-459,263

-269,531

0

0

0