Monarch casino & resort inc (MCRI)
CashFlow / TTM
Dec'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
Cash flows from operating activities:
Net income

31,816

32,879

34,412

34,372

34,098

31,236

29,407

27,407

25,538

27,611

26,415

24,871

24,574

23,227

21,787

21,191

20,659

19,347

17,027

14,952

14,185

12,433

13,879

16,975

17,961

17,241

15,858

11,531

8,911

8,138

4,012

5,778

5,675

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

14,875

14,520

14,485

14,528

14,617

14,816

14,887

14,918

15,132

15,098

15,020

15,041

14,835

14,910

15,184

15,502

15,933

16,477

16,739

17,261

17,824

17,570

16,939

16,689

16,638

16,940

18,038

17,918

16,651

15,516

14,184

13,360

13,379

0

0

0

Amortization of deferred loan costs

538

538

538

537

538

538

538

539

538

538

526

468

410

384

339

338

338

305

305

305

305

305

304

305

305

304

305

272

304

293

281

302

258

0

0

0

Stock-based compensation

8,203

7,163

6,105

6,313

5,468

6,089

7,940

7,244

7,091

5,897

3,294

2,516

1,681

1,589

1,474

1,380

1,544

1,287

1,270

1,254

1,226

1,280

1,273

1,247

1,220

1,246

1,305

1,335

1,368

1,318

1,327

1,423

1,619

0

0

0

Provisions for bad debts

-189

-110

-136

-99

-93

-282

-121

-119

-103

134

85

104

74

252

231

251

240

52

52

29

51

-77

-113

-167

-230

-166

-415

-135

-8

251

491

227

84

0

0

0

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

737

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposition of assets

-

-

-

-

-

-

-

-

-4

-13

-18

-639

-677

-679

-674

-65

9

0

0

0

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Receivables

-1,093

-60

1,537

-87

-92

94

979

1,190

1,992

2,333

353

1,031

1,381

1,200

939

843

922

204

-192

537

470

1,209

931

-27

-59

-302

-914

-576

31

19

662

483

-884

0

0

0

Income taxes

-94

-4,045

-2,683

-1,699

-1,729

-950

-1,183

2,584

1,600

342

2,260

-5,364

-203

-782

-958

-296

-528

-779

-2,099

-90

-531

219

149

-1,271

-882

-135

-948

780

-494

517

417

921

867

0

0

0

Inventories

3,043

1,216

400

373

357

214

109

340

238

303

293

66

216

119

310

-16

35

72

162

460

171

157

156

30

293

320

5

304

125

138

206

93

281

0

0

0

Prepaid expenses

730

977

271

178

896

12

303

400

125

318

106

417

1,085

484

613

268

289

1,209

776

568

1,191

597

804

403

194

94

-257

-149

-453

-737

-1,188

-218

-154

0

0

0

Right of use asset, net

14

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

5,855

2,274

4,090

804

2,998

633

235

1,327

-431

989

-721

-504

1,973

-776

1,568

1,741

-1,186

263

-1,488

-1,104

-733

-195

-147

-989

604

-1,043

-2,406

993

-899

922

1,969

-605

-1,523

0

0

0

Accrued expenses

2,998

2,811

2,166

1,777

847

1,958

2,961

1,431

1,624

1,828

475

1,043

1,922

1,306

2,094

1,806

2,546

1,987

1,526

1,012

1,150

517

329

-880

342

116

1,555

316

164

327

-870

766

391

0

0

0

Net cash provided by operating activities

63,246

61,734

61,939

59,197

58,756

59,700

59,621

52,171

49,454

49,298

44,902

43,277

43,728

38,985

40,471

40,763

38,241

36,894

32,037

31,636

31,245

30,501

31,156

32,082

36,088

33,734

33,789

33,169

26,049

25,676

23,589

22,866

22,563

0

0

0

Cash flows from investing activities:
Proceeds from sale of assets

-

-

-

-

-

-

-

-

86

0

0

0

-

-

-

-

34

0

0

0

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Change in construction payable

-9,624

-12,197

-583

8,019

11,329

20,252

16,884

8,522

3,218

3,536

1,095

822

1,198

-2,480

-826

-328

-383

2,927

2,113

997

1,790

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of property and equipment

125,367

141,723

157,503

157,087

137,074

115,149

84,360

55,948

49,990

43,012

31,742

29,439

26,121

30,747

37,302

38,824

37,676

35,275

27,423

24,539

21,719

17,199

16,556

14,964

12,400

10,594

10,568

11,281

10,329

17,714

16,228

13,659

13,591

0

0

0

Net cash used in investing activities

-134,919

-153,920

-158,086

-149,068

-125,745

-94,897

-67,476

-47,341

-46,686

-39,377

-30,552

-28,587

-24,894

-33,200

-38,097

-39,138

-38,025

-32,325

-25,278

-23,438

-19,845

-16,301

-16,336

-13,733

-12,352

-10,592

-10,544

-77,993

-77,062

-84,450

-86,763

-17,457

-17,390

0

0

0

Net exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

2,934

4,014

3,399

3,979

3,900

1,688

1,664

-1,000

-2,726

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

737

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt borrowings

3,750

0

0

0

-

-

-

-

-

-

-

-

-14,700

8,000

7,200

6,600

5,400

5,500

6,700

6,900

7,500

12,900

15,900

22,900

27,300

29,100

28,700

24,940

21,340

19,540

16,440

18,200

19,100

0

0

0

Net cash provided by financing activities

101,750

0

0

0

-

-

-

-

-

-

-

-

-13,615

-5,568

-2,926

-1,686

-635

-2,842

-4,077

-6,821

-9,147

-14,201

-15,423

-20,478

-23,449

-22,641

-21,852

52,873

56,473

64,882

69,542

-4,490

-5,390

0

0

0

Change in cash and cash equivalents

30,077

-5,606

-607

-5,551

1,311

7,873

2,915

4,830

2,768

7,367

4,922

6,129

5,219

217

-552

-61

-419

1,727

2,682

1,377

2,253

-1

-603

-2,129

287

501

1,392

8,048

5,460

6,108

6,368

917

-217

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized

-

-

-

-

-

-

-

-

426

0

0

0

-

-

-

241

374

554

653

753

853

845

992

1,235

1,472

1,802

2,037

1,997

1,658

1,227

779

496

532

0

0

0

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,690

0

0

0

-

-

-

-

-

-

-

-

Non cash transaction - reduction of jackpot liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

638

0

0

0