Mdc holdings inc (MDC)
CashFlow / TTM
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'11Dec'10Sep'10Jun'10Mar'10
Operating Activities:
Net income

234,522

238,312

200,448

203,260

212,566

210,780

180,607

188,378

158,350

141,835

157,659

122,855

115,897

103,211

85,430

73,849

66,934

65,791

57,835

58,515

60,059

63,143

79,213

100,006

303,373

314,385

313,346

297,221

82,950

62,699

14,208

-37,628

-76,246

-98,390

-109,543

-88,072

-63,776

-64,770

0

0

0

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Losses on early extinguishments of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18,153

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

26,205

26,016

23,695

16,325

17,017

14,017

11,257

9,894

6,513

5,857

3,941

3,352

5,085

7,477

10,113

13,638

12,178

10,066

7,813

6,019

5,561

5,978

6,166

6,988

7,568

9,652

11,837

13,718

16,990

16,225

15,968

16,473

14,922

15,432

17,181

15,988

16,575

17,510

0

0

0

Depreciation and amortization

23,328

23,054

21,398

21,315

21,568

21,326

16,522

12,569

8,629

5,321

5,635

5,469

5,387

5,132

4,687

4,344

4,059

4,069

4,084

4,087

4,077

3,928

3,832

3,725

3,720

3,864

4,018

4,182

4,537

4,766

5,366

5,810

6,088

6,371

6,588

6,403

6,084

5,759

0

0

0

Inventory impairments

325

935

10,612

21,710

21,910

21,850

12,468

5,910

5,710

10,010

13,263

13,423

15,023

10,173

11,592

11,243

9,643

9,993

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other-than-temporary impairment of marketable securities

-

-

-

-

-

-

-

-

-

286

609

906

1,113

1,443

2,838

4,688

4,400

3,969

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (gain) loss on marketable equity securities

-6,311

11,797

4,805

7,042

5,993

0

3,129

16,489

16,408

18,122

18,285

2,570

2,550

1,074

126

-1,111

-1,815

-911

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-offs of land option deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Amortization of deferred marketing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Inventory impairments and write-offs of land option deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Amortization of discount / premiums on marketable debt securities

-

-

-

-

-

-366

0

0

0

-

-

-

-

-

-

-

-

100

165

244

715

566

-96

-782

-490

219

1,133

2,170

1,367

596

-54

208

683

1,271

0

0

0

-

-

-

-

Deferred income tax expense

12,105

13,670

9,125

7,931

6,002

3,729

26,084

38,311

41,990

44,787

27,583

18,305

17,577

16,145

19,908

24,939

30,408

33,333

30,645

30,939

31,836

34,226

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale of assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other non-cash items

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net changes in assets and liabilities:
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-179

-998

-911

934

1,766

2,756

2,755

621

848

-491

-1,021

336

102

419

1,446

1,192

1,402

1,656

661

247

178

-109

-175

-56

0

0

0

Trade and other receivables

837

12,997

2,271

2,357

15,148

4,638

20,931

21,499

24,350

13,763

-1,374

-11,230

-2,153

20,424

15,857

20,696

3,863

-5,247

1,392

-1,479

4,068

6,638

36

-4,343

555

-4,186

-5,863

-3,556

-869

6,223

17,721

25,202

-1,798

-12,078

-166,504

-195,577

-146,204

-141,034

0

0

0

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Mortgage loans held-for-sale, net

23,111

47,810

2,184

2,152

-2,348

11,097

25,032

11,902

15,785

-660

-28,185

-23,416

15,180

23,104

49,356

38,971

17,485

27,278

10,501

21,351

-92

-4,186

-16,208

-34,086

-21,629

-27,375

-12,308

26,776

31,439

41,618

44,347

26,487

17,293

13,221

-5,860

-72,865

993

2,799

0

0

0

Prepaid and other assets

14,239

4,694

-8,194

-657

-451

245

14,220

10,627

10,325

13,121

7,692

5,663

4,354

1,036

4,149

7,505

7,226

7,648

5,861

5,376

4,503

11,873

13,613

15,293

13,973

13,562

9,092

7,452

5,476

-4,388

-19,392

-22,495

-19,713

-17,163

-4,014

1,801

6,860

15,054

0

0

0

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,012

-23,475

-22,780

-40,682

-1,069

0

0

0

Housing completed or under construction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Land and land under development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Accounts payable and accrued liabilities

68,227

66,205

47,187

32,944

39,407

49,325

33,042

29,310

21,014

22,320

19,067

11,233

34,210

21,905

30,440

30,470

22,982

7,535

-21,667

-31,528

-17,323

-16,013

12,040

23,047

14,257

-19,408

-44,757

-40,199

-40,919

-198

-9,650

-22,083

-54,770

-56,585

-51,022

-54,336

-41,273

-33,116

0

0

0

Net cash provided by (used in) operating activities

-33,688

57,833

18,222

103,947

107,928

-7,906

-62,849

-107,818

-85,317

70,506

198,957

260,167

225,267

115,945

17,798

-66,380

-30,196

215

-16,877

-22,866

-33,973

-163,647

-216,945

-219,578

-328,379

-269,549

-284,224

-239,472

-145,424

-108,819

-49,996

-26,617

-41,396

-80,284

-152,233

-99,404

-278,298

-209,081

0

0

0

Investing Activities:
Purchases of available-for-sale debt securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Purchases of marketable securities

16,705

11,708

12,007

9,307

14,874

18,850

66,818

69,855

70,639

67,239

37,382

44,667

47,929

48,050

35,208

34,569

38,820

53,822

65,749

81,109

92,906

428,709

444,924

475,149

610,441

404,965

451,421

498,008

443,902

478,701

439,511

365,333

441,152

330,968

426,530

470,504

556,343

934,240

0

0

0

Purchases of held-to-maturity debt securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Maturities of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,510

3,760

9,060

35,125

167,339

0

0

0

-

-

-

-

-

-

-

-

492,051

461,594

500,755

235,380

138,042

0

0

0

Sales of marketable securities

12,176

7,637

9,197

8,827

12,267

16,230

13,310

84,325

87,032

83,315

145,051

22,421

46,119

61,736

6,255

101,751

108,789

101,165

410,301

431,102

421,218

687,692

401,974

386,458

451,538

216,756

251,965

261,304

212,585

349,938

311,662

371,062

382,109

275,038

330,973

268,761

229,537

159,881

0

0

0

Purchases of property and equipment

24,840

24,714

27,395

27,975

27,236

27,166

20,521

14,226

7,733

2,539

2,520

2,715

3,646

4,468

4,526

4,187

3,095

1,491

2,153

2,309

3,037

3,242

2,426

2,141

1,404

1,785

1,588

1,598

1,830

1,268

1,098

3,230

31,738

31,857

32,215

32,372

6,527

8,149

0

0

0

Settlement of unsettled trades

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in investing activities

-29,369

-28,785

-30,205

-28,455

20,157

20,214

-24,029

94,497

52,913

57,790

92,529

-24,961

-5,456

9,218

23,394

62,995

66,874

47,362

346,159

356,744

360,400

423,080

146,813

141,534

133,009

-30,402

-66,302

-149,037

-124,897

-21,781

16,033

149,550

295,270

404,264

333,822

266,640

-37,658

-644,466

0

0

0

Financing Activities:
Payments on mortgage repurchase facility, net

23,888

32,801

-313

2,220

-5,270

4,475

25,681

11,692

19,584

-2,145

-26,908

-24,170

10,321

25,874

48,256

43,297

20,184

27,789

11,973

17,802

697

-2,252

0

0

0

-

-

-

-

196,402

172,447

134,666

119,563

91,372

78,263

154,596

149,266

152,951

0

0

0

Repayment of senior notes

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

517,650

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of senior notes

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

248,375

248,375

248,375

347,500

346,938

0

0

0

-

-

-

-

-

-

-

-

242,288

0

0

0

Advances on revolving credit facility, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

158,405

224,027

208,627

158,338

138,667

114,640

77,816

98,279

151,288

149,270

0

0

0

Dividend payments

76,770

73,117

71,322

69,561

67,968

67,718

63,837

59,881

55,865

51,897

51,118

50,393

49,733

49,088

48,985

48,947

48,907

48,868

48,850

48,833

48,826

48,820

0

0

0

-

-

-

97,128

96,915

47,918

47,730

47,602

47,432

47,345

47,262

47,180

47,140

0

0

0

Issuance of shares under stock-based compensation programs, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

0

8,176

-

0

0

0

-

0

0

0

-

-

-

-

375

63

71

71

5,118

0

0

0

-

-

-

-

-

-

-

-

53

0

0

0

Net cash used in financing activities

11,616

-24,975

-58,356

-49,014

-59,599

-56,409

119,129

103,641

115,693

99,257

-72,153

-67,259

-37,805

-23,214

-729

-5,597

-28,058

-20,414

-289,406

-283,621

-291,331

-304,946

-44,035

-41,343

74,509

339,194

284,015

311,803

200,262

-52,666

-269,741

-552,644

-557,178

-552,844

-302,649

-103,533

-45,140

191,520

0

0

0

Net increase (decrease) in cash, cash equivalents and restricted cash

-51,441

4,073

-70,339

26,478

68,486

-44,101

32,251

90,320

83,289

227,553

219,333

167,947

182,006

101,949

40,463

-8,982

8,620

27,163

39,876

50,257

35,096

-45,513

-114,167

-119,387

-120,861

39,243

-66,511

-76,706

-70,059

-183,266

-303,704

-429,711

-303,304

-228,864

-121,060

63,703

-361,096

-662,027

0

0

0

Homebuilding Segment [Member]
Inventory impairments

325

935

10,612

21,710

21,910

21,850

12,468

5,910

5,710

10,010

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Housing Completed or Under Construction [Member]
Housing completed or under construction and land under development

264,494

83,484

132,174

-2,966

-55,433

12,082

99,208

163,417

114,060

69,548

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land and Land Under Development [Member]
Housing completed or under construction and land under development

102,030

149,577

164,748

195,355

251,194

304,250

180,018

132,147

110,751

10,169

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-