LIFEPOINT HEALTH, INC. LPNT Cash Flow

Lifepoint health, inc. (LPNT)

CashFlow / Quarterly

Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Cash flows from operating activities:
Net income
23,300	54,800	-5,300	-27,000	29,900	46,000	64,000	46,600	41,200	20,100	23,900	55,400	45,800	49,800	42,000	26,700	28,700	41,800	37,700	37,600	34,400	27,500	33,100	37,300	19,300	42,000	57,000	38,300	39,500	41,100	46,800	37,000	39,500	38,300	43,800	32,000	26,800
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-300	300	300	100	-	0	100	100	-400	-100	0	300	100	300	100	-400	-700	-2,700
Stock-based compensation
28,000	6,500	8,200	6,500	7,000	5,300	6,600	6,400	5,600	8,400	9,000	7,600	7,400	7,400	7,600	6,900	7,300	6,400	6,700	6,300	6,000	6,300	6,800	7,100	7,000	6,500	6,800	6,300	6,400	5,600	5,700	5,600	5,700	5,300	5,800	5,900	4,700
Depreciation and amortization
80,900	81,400	81,600	86,600	87,200	88,700	88,100	87,500	86,200	84,600	86,300	71,900	70,200	68,900	68,000	59,700	68,800	60,900	61,100	59,100	57,400	55,900	55,800	53,400	47,700	46,900	45,100	44,800	40,700	40,600	39,700	39,300	36,400	36,700	36,100	35,100	35,900
Other non-cash amortization
2,700	2,700	2,600	2,700	2,800	3,100	3,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of physician minimum revenue guarantees
-	-	-	-	-	-	-	-	2,400	2,500	2,600	-	3,000	3,100	3,200	3,500	3,500	3,800	3,900	4,100	4,100	4,500	4,500	4,900	4,900	4,800	5,000	5,500	5,000	4,700	4,600	4,700	4,400	4,100	3,900	3,500	3,100
Amortization of debt issuance costs, discounts and premium
-	-	-	-	-	-	-	-	1,300	1,400	1,500	-	1,300	1,300	1,200	1,200	1,200	4,300	7,300	7,000	6,800	6,000	7,100	-	7,800	7,800	-	-	-	-	-	-	-	-	-	-	-
Other non-operating losses (gains), net
-40,100	3,200	-72,700	-43,200	3,700	4,500	25,900	0	0	-22,000	-1,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,300	-	6,100	6,000	5,900	5,900	5,700	5,500	5,500	5,300	5,200
Amortization of deferred loan costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,500	-	1,400	1,500	1,500	1,500	1,600	1,600	2,400	2,100	1,800
Debt transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	0	4,400	-	4,400	-	-	-	-	-	-	-	-	-	-	-	-
Debt extinguishment costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,400	-	-	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	2,200	0	11,600	-	12,200	-	-	-	-	-	-	900	0	0	3,100	-	-	-	-	-	-	-	-	-	-
Gain on settlement of pre-acquisition contingent obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
32,300	3,400	-25,500	-21,700	5,400	100	-1,100	3,000	1,300	-44,300	-4,700	-17,500	-7,700	-1,500	12,300	-300	28,200	36,500	-41,600	33,200	-9,900	-36,600	-7,100	23,800	-9,400	-17,100	-21,500	57,800	-15,300	-16,700	-2,700	5,600	-17,900	-12,600	-4,100	-14,200	-4,700
Reserve for self-insurance claims, net of payments
3,800	500	-2,100	2,500	-200	-5,100	-31,700	-2,300	2,400	-200	25,500	2,400	6,700	4,700	4,100	6,000	1,000	-1,400	6,100	-4,200	800	2,100	4,600	2,600	1,800	-7,500	4,700	8,300	2,700	2,300	4,700	1,000	5,000	200	4,100	700	5,500
Increase (decrease) in cash from operating assets and liabilities, net of effects from acquisitions and divestitures:
Accounts receivable
500	-26,600	19,300	-73,200	9,200	-21,000	9,500	18,400	-23,000	4,100	124,200	-3,500	-8,000	-21,000	-6,200	-2,400	28,400	-22,200	50,500	800	7,600	-10,900	29,500	900	6,700	-46,700	82,400	25,200	9,400	-19,600	14,500	10,900	1,800	1,700	24,700	5,300	6,000
Inventories, prepaid expenses and other current assets
200	-20,200	5,900	37,700	14,600	-20,300	-100	29,800	-5,900	-13,600	14,500	32,400	800	-39,000	-14,100	45,700	-6,700	2,700	-23,100	12,800	9,100	-10,900	6,100	7,500	9,500	-6,300	-1,000	6,500	9,800	2,000	1,800	3,000	-100	2,100	400	-500	-3,200
Accounts payable, accrued salaries and other current liabilities
12,900	-50,700	-31,300	64,100	4,800	-32,700	-2,500	-13,400	5,500	-17,100	70,700	-30,100	19,700	-18,300	4,000	-11,500	28,700	-31,300	-300	3,100	6,600	-15,800	-10,200	-2,700	40,300	-11,200	-6,900	5,500	8,600	-5,800	-5,400	17,100	15,800	-700	-19,000	-13,400	3,100
Income taxes payable/receivable
-50,900	-12,700	26,300	-13,700	-19,600	-30,500	8,300	21,400	2,600	-22,000	16,900	23,700	19,200	11,000	8,000	10,500	-26,700	-71,800	52,500	-32,400	14,700	-7,500	27,000	-7,400	-22,900	-21,400	54,000	-59,700	37,000	-4,400	31,000	-8,500	17,600	10,100	29,600	6,300	-20,200
Other
9,500	-5,300	1,400	500	-1,300	1,100	8,000	2,100	-200	-1,500	5,500	-300	700	-2,000	2,700	500	-100	700	-2,600	1,000	100	800	-1,500	-900	400	-500	-200	0	3,000	0	-600	2,400	-600	0	100	1,500	400
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	66,400	88,700	-	174,300	188,400	179,600	-	131,300	68,000	-	100,700	104,100	57,500	91,800	120,600	84,300	104,200	73,800	82,900	110,000	92,500	115,800	94,000	113,600	84,600	83,500	70,300	67,100
Net cash used in operating activities-discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100	200	-600	400	0	0	100	-800	100	0	0	200	-400	-500	-500	-200	3,900	-1,400
Net cash provided by operating activities
162,900	134,800	100,600	178,200	91,100	110,600	91,700	-	177,600	-	-	-	-	-	-	-	-	-	108,600	100,600	104,300	56,900	92,200	120,600	84,300	104,300	73,000	83,000	110,000	92,500	116,000	93,600	113,100	84,100	83,300	74,200	65,700
Cash flows from investing activities:
Purchases of property and equipment
105,600	81,400	56,200	208,000	108,500	89,200	68,500	173,200	103,400	70,300	52,600	121,300	59,200	53,100	41,100	116,400	37,000	31,200	22,500	76,700	32,700	37,300	38,500	64,000	47,300	49,300	60,800	66,100	49,300	48,600	55,900	46,700	48,400	39,600	34,000	33,700	42,000
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	800	1,800	100	118,400	444,900	148,700	12,500	13,300	5,700	172,100	27,200	60,600	169,700	12,200	4,900	1,300	17,300	162,300	0	20,100	57,900	36,600	24,800	1,700	0	142,200	25,800	16,900	-	1,500
Proceeds from sale of businesses
8,900	0	1,500	0	95,100	2,100	12,800	-	-	-	-	-	-	18,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,900
Other
3,700	-2,700	6,700	-2,700	-200	-800	3,200	-500	-400	800	200	1,500	1,300	-1,600	-200	-500	600	-100	500	-1,300	1,700	-1,200	-200	600	100	100	200	0	300	0	900	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-71,200	-171,200	-	-209,200	-45,200	-54,200	-	-209,700	-58,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-33,700	-39,600
Net cash provided by investing activities-discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,100	10,400
Net cash used in investing activities
-100,400	-78,700	-61,400	-211,100	-13,200	-86,300	-58,900	-	-104,800	-	-	-	-	-	-	-	-	-	-83,600	-	-46,600	-41,000	-39,600	-81,900	-209,700	-49,400	-81,100	-124,000	-86,200	-73,400	-58,500	-46,700	-190,600	-65,400	-50,900	-24,600	-29,200
Cash flows from financing activities:
Proceeds from borrowings
0	75,000	50,000	40,000	25,000	60,000	80,000	0	0	1,275,000	75,000	-	-	-	-	-	-	412,000	-	730,000	0	0	323,000	-	490,000	-	-	-	-	-	-	-	400,000	-	-	0	-
Payments of borrowings
44,300	64,400	29,400	44,400	29,300	64,400	84,400	4,300	4,400	1,097,000	80,600	5,600	5,700	2,800	2,800	-	2,800	579,800	-	132,800	3,700	3,600	313,600	-	443,700	-	-	-	100	-	-	-	255,200	-	-	0	13,500
Repurchases of common stock
0	10,100	32,800	14,700	35,000	20,500	5,900	74,100	101,400	50,100	7,500	32,500	68,200	0	33,800	50,000	400	36,100	135,800	600	31,300	100	7,100	89,300	300	400	5,500	33,400	99,400	36,300	5,500	54,700	46,900	41,500	9,000	400	1,000
Redemptions of noncontrolling interests and redeemable noncontrolling interests, net of sales
100	36,900	-	-	400	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (refunds of) employee stock purchase plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	200	700	-	600	-100	700	0	400	0	600	600	0
Distributions to noncontrolling interests and redeemable noncontrolling interests
1,900	15,100	-	-	2,400	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,400	700	700	-	800	-400	1,000	800	700	400	500	700	300
Payment of debt financing costs
-	-	-	-	-	-	-	-	-	29,900	-	-	200	100	-	-	-	-	-	11,700	7,300	100	900	-	9,600	-	-	-	300	100	-	600	8,700	0	4,400	0	0
Proceeds from exercise of stock options
200	400	1,300	400	400	5,900	9,400	9,800	0	1,000	1,300	400	300	3,800	7,000	800	4,800	11,100	7,200	4,800	6,200	4,600	23,600	400	15,900	1,600	3,900	4,400	100	17,000	17,500	5,700	1,200	4,300	9,200	300	7,900
Sales of redeemable noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,600	-	-	-	-	-	0	-800	-300	4,200	-	-800
Other
-100	-1,300	-200	-7,600	-1,400	3,000	-2,200	-5,100	-300	-7,000	-2,700	-1,700	-900	-3,200	-5,400	4,900	-2,200	-7,200	-2,000	-2,100	-1,800	-2,100	-2,200	-1,600	-700	-600	-400	-3,400	-300	-400	-400	-400	-200	-500	-300	-1,900	-1,300
Net cash (used in) provided by financing activities
-	-	-	-	-	-	-	-	-	92,000	-14,500	-	-74,700	-2,300	-35,000	-	-600	-200,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-46,200	-52,400	-11,100	-20,800	-43,100	-19,200	-3,100	-	-106,100	-	-	-	-	-	-	-	-	-	-130,600	-	-37,900	-1,300	22,800	-51,600	51,000	1,300	-2,000	-32,200	-100,200	-19,500	11,300	-50,800	89,100	-38,400	-200	-2,100	-9,000
Change in cash and cash equivalents
16,300	3,700	28,100	-53,700	34,800	5,100	29,700	-144,800	-33,300	87,200	-97,000	-29,200	-109,600	140,900	90,400	-71,500	-79,000	-190,300	-105,600	443,100	19,800	14,600	75,400	-12,900	-74,400	56,200	-10,100	-73,200	-76,400	-400	68,800	-3,900	11,600	-19,700	32,200	47,500	27,500
Supplemental disclosure of cash flow information:
Interest payments
8,000	65,500	6,700	64,400	5,900	63,300	5,500	62,100	4,800	67,400	4,500	47,600	4,000	47,100	4,500	47,900	4,300	56,900	3,700	27,900	5,300	28,200	7,200	26,200	7,000	28,800	8,000	14,200	21,000	32,100	11,900	20,300	16,000	21,400	13,300	15,700	22,500
Capitalized interest
3,900	3,700	3,200	3,000	2,200	1,500	1,500	1,500	1,400	1,200	1,000	900	500	400	400	400	300	100	200	300	400	300	400	400	600	500	800	700	500	500	300	200	300	200	100	200	300
Income tax payments, net of refunds
-800	26,300	1,700	600	39,500	54,800	24,800	1,800	19,900	76,600	300	25,000	14,800	18,600	3,600	2,900	15,700	60,000	2,300	22,800	14,000	60,900	500	2,200	43,700	63,000	1,600	23,200	1,200	46,300	300	19,700	16,000	25,700	1,100	24,900	43,100