Legg mason, inc. (LM)
CashFlow / Yearly
Mar'19Mar'18Mar'17Mar'16Mar'15Mar'14Mar'13Mar'11Mar'10Mar'09Mar'08
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

336,350

-

-

-

-

-

245,763

210,980

-1,964,994

263,831

Payment for Debt Extinguishment or Debt Prepayment Cost

-

-

-

-

107,074

0

-

-

-

-

-

Loss on extinguishment

-

-

-

-

-

-

-

-

-22,040

-

0

Adjustments to reconcile Net Income to net cash used in operations:
Realized loss on sale of SIV securities

-

-

-

-

-

-

-

-

-

-2,257,217

0

Depreciation and amortization

-

-

-

-

-

-

-

102,748

114,078

138,445

141,083

Imputed Interest for Convertible Senior Notes

-

-

-

-

-

-

5,839

36,688

34,445

32,340

6,544

Amortization of deferred sales commissions

-

-

-

-

-

-

-

-

-

-

39,139

Accretion and amortization of securities discounts and premiums, net

-

2,816

-

-

-

-

-

-4,539

-13,387

-7,177

-1,059

Stock-based compensation

-

70,875

-

-

-

-

-

56,245

46,578

56,993

49,345

Net unrealized losses (gains) on investments

-

-4,741

-

-

-

-

-

58,851

103,457

-114,412

-43,960

Net losses (gains) of consolidated investment vehicles

-

-

-

-

-

-

-

-3,959

17,359

7,615

-

Unrealized gains on fund support

-

-

-

-

-

-

-

-

-22,115

25,996

607,276

Deferred income taxes

-6,155

-141,493

57,804

-7,727

-

-

-

80,272

113,947

-817,477

-175,649

Contingent consideration fair value adjustments

-

-

-

-

-

5,000

-

-

-

-

-

Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)

-

229,000

-

-

-

-

734,000

-

-

-

-

Other

-

1,047

-

-

-

-

-

-

-

-

-

Decrease (increase) in assets:
Impairment of goodwill and intangible assets

-

-

-

-

-

-

-

-

-

1,307,970

151,000

Other

-

-

-

-

-

-

-

5,393

2,808

17,918

2,266

Investment advisory and related fees receivable

-

-38,094

-

-

-

-

-

13,794

53,402

-227,137

-66,907

Net (purchases) sales of trading and other current investments

-

44,115

-

-

-

-

-

-55,540

52,288

-58,867

-92,772

Refundable income taxes

-

-

-

-

-

-

-

-

-992,548

-

0

Other receivables

-

9,109

-

-

-

-

-

-1,962

-177,667

626,392

-26,095

Other assets

-

-

-

-

-

-

-

20,923

50,082

-492,597

-72,585

Increase (decrease) in liabilities:
Accrued compensation

-

-13,946

-

-

-

-

-

-

-

-

-

Accrued compensation

-

-

-

-

-

-

-

75,970

-89,800

-234,817

45,268

Deferred compensation

-

4,447

-

-

-

-

-

-44,825

32,197

-44,838

13,940

Accounts payable and accrued expenses

-

-8,956

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-251

2,686

-93,214

-30,332

Other liabilities

-

32,412

-

-

-

-

-

-49,954

-86,484

-362,349

-86,671

CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES

-

489,368

-

-

-

-

-

412,140

1,413,163

382,060

1,144,874

Net increase (decrese) in operating assets and liabilities of consolidated investment vehicles, including cash

-

-

-

-

-

-

-

-42,739

-20,213

85,579

-

CASH FLOWS FROM INVESTING ACTIVITIES
Payments for fixed assets

-

-

-

-

-

-

-

32,904

84,117

130,950

184,275

Other Payments to Acquire Businesses

-

-

-

-

-

-

-

-

11,092

7,524

14,858

Contractual acquisition earnout settlements (payments)

-

-

-

-

-

-

-

-

179,804

-120,000

207,500

Proceeds from sale of assets

-

-

-

-

-

-

-

-

150

181,147

0

Payments under liquidity fund support arrangements

-

-

-

-

-

-

-

-

-

305,933

59,537

Fund support

-

-

-

-

-

-

-

-

-

513,855

49,915

Change in restricted cash

-

-

-

-

-

-

-

-

-38,890

-801,793

851,688

Purchases of SIV securities, net of distributions

-

-

-

-

-

-

-

-

-

2,868,815

229,810

Net (increase) decrease in securities purchased under agreements to resell

-

-

-

-

-

-

-

-

-

604,642

-604,642

Purchases of investment securities

-

-

-

-

-

-

-

8,430

55,507

1,293

6,095

Proceeds from sales and maturities of investment securities

-

-

-

-

-

-

-

9,077

14,792

2,172

5,180

Purchases of investments by consolidated investment vehicles

-

-

-

-

-

-

-

173,261

-

-

-

Proceeds from sales and maturities of investments by consolidated investment vehicles

-

-

-

-

-

-

-

161,047

-

-

-

CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES

-

-

-

-

-

137,627

-

-44,471

-276,688

-1,090,906

-2,103,310

Third-party distribution financing, net

-

-

-

-

-

-

-

-1,639

-2,428

-4,814

5,264

Repayments of Long-term Debt

-

-

-

-

-

-

-

3,515

554,913

429,608

114,867

CASH FLOWS FROM FINANCING ACTIVITIES
Repurchase of common stock

-

-

-

-

-

-

-

445,465

-

-

277,945

Dividends paid

-

-

-

-

-

-

-

26,813

48,241

135,878

132,821

Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders

-29,815

-53,388

-29,461

-

-

-

-

-

-

-

-

Purchase of convertible note hedge, net

-

-

-

-

-

-

-

-

-

-

83,125

Debt issuance costs

-

-

-

-

-

-

-

-

3,056

-

0

Payment for Contingent Consideration Liability, Financing Activities

4,869

-3,242

-6,587

-

-

-

-

-

-

-

-

Net repayments of consolidated investment vehicles

-

-

-

-

-

-

-

-7,025

-

-

-

Proceeds from (Payments to) Noncontrolling Interests

-22,193

57,228

-44,587

66,658

-10,459

20,438

-

1,551

-8,066

28,004

-610

Net decrease in short-term borrowings

-

-

-

-

-

-

-

-

-

-250,000

500,000

Proceeds from Issuance of Long-term Debt

-

-

-

-

-

-

-

-

-

1,089,463

1,252,600

Employee Tax Withholdings Related to net share transaction

-

-

-

-412

-

-

-

-

-

-

-

Payment on Equity Units exchange

-

-

-

-

-

-

-

-

135,015

-

0

Issuance of common stock for stock-based compensation

-

-

-

-

-

-

-

14,440

4,999

31,983

35,920

Excess tax benefit associated with stock-based compensation

-

-

-

-

-

-

-

-

-

-

35,587

CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-

-

-

-

-

-

-

-468,466

-746,720

329,150

1,220,003

Income Taxes Paid, Net

-

-

-

-

-

-

-

39,524

-994,823

156,129

250,352

Interest Paid, Including Capitalized Interest, Operating and Investing Activities

-

-

-

-

-

-

-

46,620

73,909

158,499

74,084

EFFECT OF EXCHANGE RATES ON CASH

-

-

-

-

-

-

-

10,827

19,481

-27,206

18,370

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-89,970

409,236

-406,902

279,937

Consolidated Legg Mason, Inc.
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

7,934

336,350

286,703

-

-

-

-

-

-

-

-

Depreciation, Depletion and Amortization

72,795

72,986

80,213

-

-

-

-

-

-

-

-

Accretion and amortization of securities discounts and premiums, net

-2,057

-

5,691

-

-

-

-

-

-

-

-

Stock-based compensation

65,884

-

93,008

-

-

-

-

-

-

-

-

Deferred income taxes

-8,319

72,182

57,804

-

-

-

-

-

-

-

-

Contingent consideration fair value adjustments

571

-31,329

-39,500

-

-

-

-

-

-

-

-

Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)

365,200

229,000

35,000

-

-

-

-

-

-

-

-

Other

-1,155

-

1,722

-

-

-

-

-

-

-

-

Investment advisory and related fees receivable

-45,695

-

-28,921

-

-

-

-

-

-

-

-

Net (purchases) sales of trading and other current investments

9,991

-

93,165

-

-

-

-

-

-

-

-

Other receivables

8,822

-

-13,481

-

-

-

-

-

-

-

-

Accrued compensation

100,640

-

34,456

-

-

-

-

-

-

-

-

Deferred compensation

-6,873

-

22,248

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

9,553

-

-16,082

-

-

-

-

-

-

-

-

CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES

560,866

-

534,818

-

-

-

-

-

-

-

-

Payments to Acquire Other Investments

0

-2,950

-1,010,428

-

-

-

-

-

-

-

-

Payments for fixed assets

-51,335

-37,346

-39,977

-

-

-

-

-

-

-

-

Proceeds from Sales of Assets, Investing Activities

0

0

19,469

-

-

-

-

-

-

-

-

Proceeds from Sales of Business, Affiliate and Productive Assets

923

6,028

0

-

-

-

-

-

-

-

-

CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES

-36,501

-19,483

-1,017,339

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-479,139

-381,672

-

-

-

-

-

-

-

-

Dividends paid

114,761

-102,178

-87,897

-

-

-

-

-

-

-

-

Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders

-38,575

-61,858

-35,862

-

-

-

-

-

-

-

-

Employee Tax Withholdings Related to net share transaction

-15,575

-13,233

-12,139

-

-

-

-

-

-

-

-

Issuance of common stock for stock-based compensation

6,472

14,626

9,506

-

-

-

-

-

-

-

-

CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-331,529

-462,296

-116,877

-

-

-

-

-

-

-

-

Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

-15,806

11,837

-263

-

-

-

-

-

-

-

-

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

177,030

19,426

-599,661

-

-

-

-

-

-

-

-

Consolidated Entity Excluding Consolidated Investment Vehicles Before Eliminations [Member]
Net unrealized losses (gains) on investments

-8,380

-

-33,088

-

-

-

-

-

-

-

-

Net losses (gains) on investments

27,705

305

-9,717

-

-

-

-

-

-

-

-

Other assets

18,507

2,038

-11,766

-

-

-

-

-

-

-

-

Other liabilities

-79,159

-

-51,027

-

-

-

-

-

-

-

-

Proceeds from Sale, Maturity and Collection of Investments

13,911

14,785

13,597

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-17,639

-

-

-

-

-

-

-

-

Proceeds from Issuance of Long-term Debt

-

-

500,000

-

-

-

-

-

-

-

-

Income Taxes Paid, Net

39,173

32,879

21,552

-

-

-

-

-

-

-

-

Interest Paid, Including Capitalized Interest, Operating and Investing Activities

115,302

115,025

105,381

-

-

-

-

-

-

-

-

Proceeds from Income Tax Refunds

-757

-9,032

-1,014

-

-

-

-

-

-

-

-

Consolidated Investment Vehicles [Member]
Net losses (gains) on investments

-565

-9,781

-13,329

-

-

-

-

-

-

-

-

Net losses (gains) on investments

-565

-9,781

-13,329

-

-

-

-

-

-

-

-

Other assets

-12,559

-67,690

45,531

-

-

-

-

-

-

-

-

Other assets

-12,559

-67,690

45,531

-

-

-

-

-

-

-

-

Other liabilities

5,108

-102

-3,812

-

-

-

-

-

-

-

-

Other liabilities

5,108

-102

-3,812

-

-

-

-

-

-

-

-

Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders

0

0

0

-

-

-

-

-

-

-

-

Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders

0

0

0

-

-

-

-

-

-

-

-

Proceeds from (Payments to) Noncontrolling Interests

-22,193

59,921

-47,118

-

-

-

-

-

-

-

-

Proceeds from (Payments to) Noncontrolling Interests

-22,193

59,921

-47,118

-

-

-

-

-

-

-

-

Domestic Tax Authority [Member]
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount

2,164

-213,675

-

-

-

-

-

-

-

-

-

Management Equity Plan [Member]
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders

0

0

0

-

-

-

-

-

-

-

-

Proceeds from (Payments to) Noncontrolling Interests

-

0

-

-

-

-

-

-

-

-

-

RARE Infrastructure, Ltd [Member]
Payments to Noncontrolling Interests

16,528

-

-

-

-

-

-

-

-

-

-