Loral space & communications inc. (LORL)
CashFlow / Quarterly
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'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities:
Net income (loss)

-121,343

6,765

6,247

38,227

38,516

-41,321

46,194

447

4,294

40,745

24,537

-2,177

71,359

-12,146

-3,892

32,552

30,686

-1,885

-3,555

17,800

-82,642

-31,685

-32,320

53,001

-14,825

2,337

35,595

-7,889

-13,464

348,579

69,675

-4,781

7,618

107,051

-77,298

29,626

67,795

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

0

0

0

-5

-64

-71

-102

-133

-204

-208

-227

-139

-17,954

-6,440

-1

-7

-525

-1,987

-2,488

123

302,933

4,271

4,937

8,508

-

-

-

-

Adjustments to reconcile net (loss) income to net cash used in operating activities:
Non-cash operating items (Note 2)

118,945

-8,893

-9,042

-39,149

-40,300

91,697

-49,019

-2,178

-5,961

20,541

-28,154

-185

-127,289

13,490

1,495

-35,349

-33,203

8,330

1,235

-22,934

79,768

14,166

20,145

-54,273

11,686

3,432

-26,824

10,845

11,026

1,256

-24,356

3,464

-1,417

-101,082

91,526

-37,824

-24,055

Changes in operating assets and liabilities:
Contracts-in-process

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

97,156

Inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,336

Long-term receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,588

4

0

1,553

Other current assets

278

-445

-72

-156

575

-244

-76

-798

1,251

-404

-369

231

703

-247

-97

-651

855

-63

-434

41

431

124

-429

-111

541

-200

-207

-3,461

1,856

3,834

-624

-790

-428

824

-793

-4,194

-5,981

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

53

-9,932

9,920

Accrued employment costs and other current liabilities

-1,498

738

831

-148

-1,328

-392

746

680

-850

-434

430

1,106

-777

202

521

376

-1,475

-40

-491

1,617

-2,074

793

223

6

130

-1,794

119

-5,442

-1,325

-9,909

7,107

-1,037

-1,608

2,767

1,211

9,991

-12,808

Customer advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,621

Income tax refund receivable

-903

1,422

-33

-23

3,021

7,691

9

23

255

-55,583

390

-10,279

53,362

-275

8

50

30

2,257

-2,138

-920

-33

10,403

1,588

241

896

6,599

-5,747

-13,270

306

-21,660

-274

-225

116

-1,235

-624

-2,989

-3,434

Pension and other postretirement liabilities

-386

-258

-260

-196

81

-15

-15

-2,024

-357

-211

-1,144

-232

-200

-179

-1,067

-144

-173

-100

-1,814

-610

-980

-442

-1,932

-807

-749

-19,488

-750

31

-976

7,697

-905

-353

-270

-22

-751

1,330

-1,656

Other liabilities

1,594

1,535

1,743

273

447

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term liabilities

-

-

-

-

-

-

-

-

472

-9,575

695

684

656

-3,237

629

553

483

-8,321

498

525

-288

-3,008

559

-745

291

-48

-1,761

127

-68

-56,477

-52,832

808

-2,162

630

1,657

2,358

-5,479

Net cash provided by (used in) operating activities – continuing operations

-

-

-

-

-

-

-

-

-

-4,113

-2,877

-11,314

-3,587

-1,834

-2,138

-1,209

-4,374

508

-5,623

-4,336

-6,541

8,057

-4,868

-2,465

-3,105

-8,237

2,826

-9,649

-6,480

-13,328

-6,875

-7,881

-5,803

-

-

-

-

Net cash provided by (used in) operating activities – discontinued operations

-

-

-

-

-

-

-

-

-

0

0

0

-2,809

-3,266

-2,809

-2,810

-2,809

-3,842

-3,301

-2,810

-2,809

-889

-26,700

-2,626

3,472

-5,905

-4,035

-2,104

-36,921

-54,879

26,627

-49,828

11,475

-

-

-

-

Net cash provided by (used in) operating activities

-3,869

1,754

-367

877

-138

8,047

-1,233

-1,604

-3,398

-4,113

-2,877

-11,314

-6,396

-5,100

-4,947

-4,019

-7,183

-3,334

-8,924

-7,146

-9,350

7,168

-31,568

-5,091

367

-14,142

-1,209

-11,753

-43,401

-68,207

19,752

-57,709

5,672

-8,823

69,348

22,629

-25,160

Investing activities:
Distribution received from affiliate

-

-

-

-

-

-

-

-

-

0

0

0

242,735

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

44,390

0

375,809

-

-

-

-

Capital expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2

2

6

48

7

3

-

-

-

-

3

0

-7,059

7,406

Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-12,525

11,900

Receipt of principal, promissory note - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

33,667

0

0

0

67,333

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities - continuing operations

-

-

-

-

-

-

-

-

-

-11

-39

0

242,735

-

-

-

-

-

-

-

-

0

0

5,436

-2

-6

-48

1,143

-3

374

45,706

0

375,809

-

-

-

-

Net cash provided by (used in) investing activities – discontinued operations

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,258

-14,498

-20,048

-63,974

-

-

-

-

Net cash (used in) provided by investing activities

-

-

-

-

-

-

-

-

-

-11

-39

0

242,735

-

-

-

-

0

-67

-35

33,667

0

0

5,436

67,331

-6

-48

1,143

-3

923,777

31,208

-20,048

311,835

-26,052

-10,481

51,802

-19,306

Financing activities:
Voting common stock repurchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,192

0

472

-

-

-

-

Proceeds from the exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,457

178

611

0

113

334

Cash settlement of restricted stock units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-169

-

-

-

-

Funding of withholding taxes for stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

691

505

897

4,899

67

140

287

16,478

Adjustment to tax benefit associated with stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

19

103

-266

40

1,321

Net cash (used in) provided by financing activities - continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-875,919

-1,719

-417,043

-5,343

-

-

-

-

Net cash provided by (used in) financing activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,000

-40,000

40,000

0

-

-

-

-

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-831,919

-41,719

-377,043

-5,343

-7,281

-406

-134

-14,823

Cash, cash equivalents and restricted cash (Note 2) — period increase (decrease)

-3,869

1,748

-367

877

-138

8,043

-1,233

-1,604

-3,398

-4,124

-2,916

-11,314

236,339

-5,243

-4,950

-4,019

-7,183

-3,295

-7,104

-6,498

24,317

7,168

-29,860

501

67,698

-18,071

-6,372

-13,597

-43,404

23,651

9,241

-454,800

312,164

-42,156

58,461

74,297

-59,289