Medley management inc. (MDLX)
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'14
Cash flows from operating activities
Net (loss) income

-26,371

-16,770

-16,552

-12,442

-8,123

-21,526

-7,068

-4,936

3,018

17,309

21,395

18,059

13,566

9,952

-31,318

4,550

11,301

20,632

71,046

57,022

70,114

69,400

0

0

0

Adjustments to reconcile net (loss) income to net cash used in operating activities:
Stock-based compensation

6,893

7,222

6,527

5,956

6,186

5,400

4,873

4,621

3,837

2,800

3,103

2,850

2,938

3,811

3,411

3,217

3,110

3,052

0

0

0

-

-

-

-

Amortization of debt issuance costs

715

754

765

778

790

741

742

-240

785

1,579

1,856

2,937

1,862

1,018

691

550

548

545

552

930

840

752

0

0

0

Accretion of debt discount

1,237

1,297

1,152

1,007

835

667

701

163

721

1,126

1,259

1,896

1,312

958

832

747

786

776

769

737

671

604

0

0

0

Provision for deferred taxes

4,526

4,557

1,034

-1,816

-2,169

-941

-2,412

1,271

1,674

424

635

180

-119

-267

0

0

0

-

-

-

-

-

-

-

-

Depreciation and amortization

702

702

709

994

1,035

1,076

1,117

644

895

911

924

1,179

960

913

791

657

531

454

453

447

420

401

0

0

0

Net unrealized depreciation (appreciation) on investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in unrealized depreciation on investments

-10,630

-5,287

-10,690

-9,648

-7,476

-20,900

-11,880

-14,339

-10,289

-554

-233

-179

65

27

-275

-937

-1,043

-885

-927

-326

-246

-272

0

0

0

Loss (income) from equity method investments

-671

482

134

-56

208

-6

93

626

385

274

987

1,061

482

425

0

0

0

-

-

0

0

-

-

-

-

Reclassification of cumulative dividends paid on forfeited restricted stock units to compensation and benefits expense

213

343

363

330

201

96

220

-183

277

668

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash lease costs

2,434

2,434

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification of cumulative dividends paid on forfeited restricted stock units to compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Other non-cash amounts

-387

-178

0

0

-1

-56

-52

-43

-42

13

-133

-142

-142

-169

0

0

0

-

-

-

-

-

-

-

-

Provision for (benefit from) deferred taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Net realized (gain) loss on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Changes in operating assets and liabilities:
Management fees receivable

-2,197

-2,170

-2,358

-1,099

-314

-4,440

-2,531

440

-1,107

2,084

802

-6,359

-1,802

-3,542

-2,187

-207

-1,996

999

1,201

4,917

5,368

6,252

0

0

0

Performance fees receivable

-

-

-

-

-

-

-

-

-

-1,974

-1,269

-1,697

800

2,443

0

0

0

-

-

-

-

-

-

-

-

Income distributions received from equity method investments

1,219

1,211

792

988

470

691

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investments

-

-

-

-

-

1,861

660

959

2,420

2,005

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Sale of investments

-

-

-

-

-

-

-

-

-392

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Performance fees receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-367

2,547

2,691

2,234

0

0

0

Other assets

308

239

854

-313

-3,374

-2,153

-1,445

511

945

-1,009

-1,753

-845

1,774

1,617

740

3,791

3,722

4,915

6,306

2,203

1,165

1,671

0

0

0

Operating lease liabilities

2,727

2,725

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses and other liabilities

-1,585

-4,199

-2,375

-447

1,025

1,686

3,654

7,626

-6,578

-12,014

-17,123

-23,029

-8,000

-1,682

-4,502

-5,540

-5,146

-11,096

-8,181

-3,409

1,520

8,693

0

0

0

Net cash used in operating activities

1,490

2,145

5,269

6,992

11,727

16,217

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Operating Activities, Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

18,118

13,768

15,895

123,353

23,383

32,057

24,063

-127,101

-80,092

-104,033

-196,426

0

0

0

Cash flows from investing activities
Purchases of fixed assets

-

-

-

-

-

-

-

-

-

73

50

103

86

1,935

2,590

2,554

2,555

795

250

439

544

521

0

0

0

Distributions received from investment held at cost less impairment

148

222

222

101

101

0

-42

-322

-17

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital contributions to equity method investments

-

-

-

-

-

1,538

1,613

1,365

122

322

319

687

440

279

0

0

0

-

-

0

0

-

-

-

-

Distributions received from equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Performance fee compensation payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,263

-8,613

-5,915

-4,418

0

0

0

Purchases of investments

-

-

-

-

-

-

-

-

-

34,980

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

19

93

179

-20

-1,479

-1,594

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Investing Activities, Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-53,709

-21,729

-18,826

-11,046

-2,929

-2,323

-1,373

-66

-439

-544

-521

0

0

0

Cash flows from financing activities
Payments to former minority interest holder

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of loans payable

-

-

-

-

-

0

0

-44,800

0

44,800

71,501

139,801

95,001

50,513

24,125

937

1,249

1,250

0

0

0

-

-

-

-

Proceeds from issuance of senior unsecured debt

-

-

-

-

-

-

-

-

-

69,108

97,484

190,804

121,696

52,588

0

0

0

-

-

-

-

-

-

-

-

Proceeds from issuance of debt obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123,900

0

0

0

Capital contributions from non-controlling interests

-

-

-

-

-

2

2

-4,998

18,002

23,000

28,020

45,022

22,022

17,022

0

0

0

-

-

-

-

-

-

-

0

Distributions to non-controlling interests and redeemable non-controlling interests

2,921

3,319

9,242

14,277

20,033

26,443

29,196

24,304

30,937

29,968

26,276

31,518

23,682

23,656

21,907

23,661

29,914

32,744

31,677

113,507

102,819

119,363

0

0

0

Dividends paid

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

2,868

4,857

8,246

5,501

2,916

0

0

0

-

-

-

-

-

-

-

-

Dividends paid

-

-

-

-

-

5,750

5,634

3,935

5,511

5,766

0

7,451

5,807

-

5,479

5,462

4,004

4,113

0

0

0

-

-

-

-

Repurchases of Class A common stock

-

-

-

-

-

-

-

-

-

3,589

3,589

3,375

401

1,198

0

0

0

-

-

-

-

-

-

-

-

Payments of tax withholdings related to net share settlement of restricted stock units

1,065

967

548

700

632

693

684

1,021

774

713

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-7,408

-8,899

-15,838

-21,623

-27,983

-33,731

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-5,899

-6,661

-10,390

-14,651

-17,735

-19,108

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Financing Activities, Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

45,488

13,379

-14,194

-118,730

-30,536

-36,187

-38,208

89,427

143,629

174,442

278,758

0

0

0

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental cash flow information
Net increase (decrease) in cash, cash equivalents and restricted cash equivalents

-

-

-

-

-

-

-

-

-

-

-16,850

9,897

5,418

-17,125

0

0

0

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Accretion of operating lease liabilities recorded against right-of-use assets

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value adjustment to redeemable non-controlling interest in STRF Advisors LLC (Note 17)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Issuance of non-controlling interest at fair value

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared and unpaid on Class A common stock ($0.03 per share)

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,500

0

0

0

Medley LLC [Member]
Fair value adjustment to redeemable non-controlling interest in STRF Advisors LLC (Note 17)

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ASU 2018-02 [Member]
Reclassification of the income tax impact of the Tax Cuts and Jobs Act on items within accumulated other comprehensive loss to retained earnings due to the early adoption of accounting standards update 2018-02

-

-

-

-

-

207

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-