Mobile mini inc (MINI)
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
Cash flows from operating activities:
Net income

73,950

83,734

68,966

-5,774

-4,832

-8,062

69,761

133,154

126,931

122,228

49,626

51,107

46,402

47,248

37,284

38,554

43,898

5,574

8,932

9,773

9,620

44,386

43,481

42,964

19,320

23,922

23,222

19,317

41,010

34,178

31,692

31,025

31,655

30,596

22,411

18,149

14,986

13,245

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Debt extinguishment expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,334

0

0

0

-

-

-

-

Deferred financing costs write-off

-

123

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,889

0

0

0

-

-

-

-

-

-

-

-

Asset impairment charge, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

5,622

5,879

4,667

2,749

2,663

2,412

3,841

4,801

4,834

5,037

5,048

5,718

6,123

6,162

5,169

4,457

3,739

3,705

3,546

3,322

3,399

2,777

3,250

3,115

2,639

2,481

2,544

2,332

2,357

2,179

1,754

2,282

2,364

2,652

2,034

1,835

1,776

1,892

0

0

0

Amortization of deferred financing costs

1,787

1,837

1,898

1,970

2,050

2,060

2,060

2,060

2,060

2,060

2,064

2,058

2,023

1,976

2,204

2,493

2,810

3,131

3,105

3,010

2,915

2,829

2,811

2,811

2,811

2,811

2,808

2,843

2,939

3,217

3,536

3,817

4,038

4,075

3,992

3,865

3,597

3,693

0

0

0

Amortization of debt issuance discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

70

84

84

86

0

0

0

-

-

-

-

Amortization of long-term liabilities

-

13

49

86

122

145

141

137

134

130

127

123

119

116

112

108

105

101

40

56

72

88

165

166

165

169

170

169

171

167

179

193

210

230

245

258

-5

272

0

0

0

Share-based compensation expense

14,399

15,121

15,835

15,568

12,042

10,867

9,349

9,189

8,291

7,373

6,768

6,974

6,146

7,399

9,515

11,335

13,141

13,827

14,331

14,667

14,157

15,071

15,518

16,476

17,242

14,714

14,668

11,368

9,355

9,575

7,571

7,321

6,987

6,456

5,948

5,990

6,201

6,292

0

0

0

Depreciation and amortization

70,740

70,583

69,754

68,455

67,512

67,000

66,637

66,381

64,931

63,372

63,045

63,294

63,821

63,734

62,899

61,713

59,982

60,344

56,489

50,961

45,728

39,334

36,960

36,432

35,960

35,626

35,677

35,686

35,984

36,187

36,059

35,997

35,884

35,665

35,460

35,319

35,341

35,686

0

0

0

Gain on sale of rental fleet

5,942

5,923

6,142

5,836

5,947

6,055

5,907

6,091

5,487

5,657

5,517

5,516

5,797

5,472

5,434

5,541

5,808

6,402

6,432

6,880

5,993

5,732

6,480

6,729

8,326

9,682

10,028

10,673

11,734

11,781

12,585

13,237

13,821

13,800

0

0

0

-

-

-

-

Loss on disposal of property, plant and equipment

-108

-100

-98

-225

-284

-600

-593

-712

-833

-517

-668

-878

-965

-1,285

-1,242

-1,395

-2,191

-2,188

-2,564

-1,471

-611

-348

-122

-544

-347

-247

-77

24

145

130

0

0

0

-

-

-

-2,081

-34

0

0

0

(Gain) loss on disposal of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred income taxes

22,633

23,305

26,223

310

-1,862

-2,523

-78,038

-51,878

-50,526

-49,980

22,353

22,243

20,017

21,634

14,905

16,333

19,164

-5,629

2,005

2,815

3,237

25,424

24,096

21,181

7,710

11,012

10,755

9,522

22,128

18,107

16,240

16,284

16,734

16,067

11,371

10,910

8,832

7,720

0

0

0

Foreign currency exchange

-278

-274

-184

-147

-1

64

73

47

50

-25

0

0

0

-

-

-

-

-

-

-

-

-1

-1

-3

-3

-1

-1

-1

-3

-5

-10

-8

-7

-7

-2

-25

-18

-9

0

0

0

Changes in certain assets and liabilities:
Receivables

-7,855

-20,670

-5,753

-2,206

11,317

22,011

21,523

24,243

18,575

15,677

11,405

9,440

20,565

27,321

16,805

16,975

1,920

4,184

3,791

4,092

8,610

7,196

8,547

5,033

3,684

3,961

2,726

6,448

7,329

5,078

6,486

3,649

5,307

6,800

7,282

6,300

5,797

3,969

0

0

0

Inventories

-2,050

-2,280

-2,338

-1,733

-737

406

-431

-19

137

90

-1,835

-1,484

565

-598

860

95

-931

-945

-680

-1,875

-2,609

-2,680

-3,129

-1,264

-589

393

82

-687

-1,900

-1,352

2,629

1,812

1,650

1,242

-1,337

-1,233

-864

-2,506

0

0

0

Deposits and prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

286

786

-48

-653

368

-229

328

-537

-1,078

-105

-1,566

-1,067

423

-115

-2,133

-1,486

0

0

0

Other assets

-3,261

-486

-300

376

3,115

-826

-1,737

-2,555

-3,027

635

999

3,216

206

-60

-5,122

-2,558

2,159

855

6,842

4,319

939

1,399

-26

-6

91

-10

-115

63

-172

161

201

20

196

33

-76

156

92

200

0

0

0

Accounts payable

14,272

3,041

2,361

3,057

-1,510

2,909

1,432

92

-2,890

-4,985

-6,913

-7,718

3,328

239

1,936

5,550

1,066

4,605

792

1,666

-2,751

-723

2,675

1,335

2,517

337

192

-2,264

-760

-1,884

1,395

6,787

5,141

7,015

6,469

1,289

1,706

-700

0

0

0

Accrued liabilities

-3,855

-8,805

-492

3,915

4,859

10,260

7,315

5,536

4,478

11,928

9,559

6,967

627

7,347

-6,823

95

-2,097

-3,842

4,134

-55

1,969

2,195

542

-546

-533

-1,164

2,084

2,989

-1,060

-268

-2,696

-757

-1,401

1,505

1,693

-7,036

1,160

-9,338

0

0

0

Net cash provided by operating activities

207,158

212,718

195,777

190,698

163,950

160,098

156,034

142,377

137,854

135,646

136,055

134,755

133,686

136,244

135,114

146,623

149,623

152,814

146,588

142,241

132,285

120,625

118,395

113,382

116,326

116,111

118,059

109,390

98,699

90,949

79,529

85,165

83,042

84,969

82,436

66,047

71,329

60,805

0

0

0

Cash flows from investing activities:
Cash paid for business acquired, net of cash acquired

0

-

-

-

-

-

-

-

-

-

-

-

-

16,565

9,109

26,531

26,531

18,525

429,554

415,886

427,929

430,946

0

0

0

-

-

-

-

3,563

0

0

0

-

-

-

-

-

-

-

-

Additions to rental fleet, excluding acquisitions

57,886

70,851

81,588

93,882

93,588

85,961

83,363

79,137

69,071

63,688

56,837

52,241

56,494

57,372

67,672

75,081

75,136

74,732

64,509

46,938

33,681

27,279

21,525

22,679

26,577

28,826

34,762

38,905

40,441

43,934

43,050

37,974

36,127

29,824

23,428

19,032

14,788

15,103

0

0

0

Proceeds from sale of rental fleet

13,862

13,726

14,328

14,370

14,487

14,993

14,798

14,347

12,175

12,953

12,511

12,553

14,331

13,679

14,335

14,899

15,993

16,865

18,540

20,409

22,268

23,053

28,353

32,041

31,698

35,951

31,370

29,170

31,585

29,358

31,762

34,290

35,651

36,201

36,432

34,065

31,624

28,860

0

0

0

Additions to property, plant and equipment, excluding acquisitions

14,529

13,274

12,213

14,285

15,098

16,931

21,941

20,496

21,126

20,122

17,725

20,103

26,097

30,659

38,995

38,814

35,232

31,163

22,020

22,650

17,392

15,779

16,818

10,879

14,140

15,792

12,221

13,840

14,062

12,741

14,076

13,253

11,266

11,498

13,377

13,097

11,189

8,555

0

0

0

Proceeds from sale of property, plant and equipment

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property, plant and equipment

-

-

-

-

-

-

-

0

962

-

1,175

1,917

1,992

2,764

9,782

9,798

10,093

9,860

3,272

4,425

3,898

4,199

4,331

2,963

2,657

1,970

1,082

1,640

1,554

1,497

1,453

391

255

117

121

105

127

149

0

0

0

Net cash used in investing activities

-75,703

-82,707

-77,178

-83,295

-83,493

-77,063

-86,324

-84,736

-77,060

-70,006

-68,235

-65,233

-73,627

-88,153

-91,678

-116,949

-27,533

-14,415

-410,972

-376,140

-452,836

-446,752

-24,996

-14,137

-9,902

-6,020

-14,531

-21,935

-21,364

-29,383

-35,257

-27,892

-22,833

-12,787

-252

2,041

5,774

5,351

0

0

0

Cash flows from financing activities:
Net borrowings under lines of credit

-36,199

-38,096

-26,222

-37,555

-28,144

-40,790

-30,656

-19,996

-16,984

-6,875

-10,658

-9,096

-34,034

-26,548

-11,843

16,011

-28,521

-37,810

355,992

330,611

398,374

386,204

-51,269

-89,137

-108,745

-123,076

-110,547

55,728

70,393

97,242

112,028

-55,318

-58,810

-51,733

-75,934

-58,015

-80,468

-76,773

0

0

0

Proceeds from issuance of 5.875% senior notes due 2024

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Redemption of 7.875% senior notes due 2020

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Redemption of senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Redemption premiums of senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Deferred financing costs

-

3,521

0

0

0

-

-

-

-

12

29

465

5,189

5,369

9,922

9,486

4,776

4,683

0

0

0

-

-

-

-

-

-

-

-

8,075

0

0

0

-

-

-

-

-

-

-

-

Principal payments on finance lease obligations

11,308

10,690

11,230

10,784

10,342

9,746

8,575

7,785

7,648

7,418

7,353

7,336

6,847

6,520

6,063

5,356

4,837

4,253

3,493

3,007

2,438

1,956

1,465

983

680

408

474

591

778

947

1,051

1,120

1,163

1,288

1,381

1,472

1,513

1,485

0

0

0

Principal payments on notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

310

397

430

413

403

394

409

397

367

385

593

1,052

1,303

0

0

0

Issuance of common stock

2,179

3,116

2,314

2,927

3,782

3,617

4,732

6,654

5,685

5,800

0

0

0

-

-

-

-

1,703

2,740

3,053

1,725

3,642

9,923

9,485

12,784

13,818

8,116

8,194

4,906

3,645

6,772

6,651

6,565

5,289

1,452

1,629

2,080

1,861

0

0

0

Dividend payments

50,031

48,882

48,082

47,099

45,902

44,530

43,363

42,172

41,080

40,171

39,195

38,285

37,395

36,402

35,719

34,972

34,343

33,700

33,109

32,629

32,044

31,384

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

29,399

29,556

29,572

11,218

1,219

695

676

923

1,261

8,367

12,514

12,178

11,845

11,290

13,149

35,447

53,633

61,833

56,359

59,026

40,884

26,007

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-125,025

-127,629

-116,283

-107,061

-85,079

-92,144

-78,538

-64,222

-61,287

-57,043

-64,952

-65,344

-52,394

-44,853

-35,499

-28,120

-124,439

-140,576

264,939

238,170

323,914

329,780

-92,230

-97,231

-105,444

-110,345

-102,940

-89,848

-78,730

-60,719

-42,869

-57,309

-60,829

-71,063

-83,657

-65,934

-74,470

-67,731

0

0

0

Effect of exchange rate changes on cash

69

66

44

313

1,155

1,263

1,154

1,339

647

717

219

-243

-690

-714

-128

81

-65

51

-454

-1,135

-882

-1,170

-1,625

-2,080

-1,913

-427

564

80

858

-1,770

-1,493

886

268

107

380

-2,398

-2,762

1,469

0

0

0

Net increase (decrease) in cash

6,499

2,448

2,360

655

-3,467

-7,846

-7,674

-5,242

154

9,314

3,087

3,935

6,975

2,524

7,809

1,635

-2,414

-2,126

101

3,136

2,481

2,483

-456

-66

-933

-681

1,152

-2,313

-537

-923

-90

850

-352

1,226

-1,093

-244

-129

-106

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for interest

38,482

40,150

40,382

39,997

39,907

37,979

36,403

35,019

33,706

35,029

34,045

25,742

31,339

21,546

29,830

30,458

32,060

32,372

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income and franchise taxes

6,493

6,600

6,785

6,367

5,912

4,012

0

0

0

-

-

-

-

1,772

3,041

4,393

4,730

4,935

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equipment and other acquired through finance lease obligations

24,464

21,730

17,023

20,183

19,026

20,314

18,637

13,618

10,519

9,501

6,610

7,026

15,369

18,951

18,951

25,429

20,898

17,638

22,655

15,689

16,726

16,508

18,546

15,833

10,530

8,547

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures accrued or payable

2,632

5,591

6,088

10,090

12,151

10,752

8,113

6,192

8,342

7,270

7,108

5,991

-341

3,230

-2,147

-153

3,698

4,210

9,608

9,285

9,197

819

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest rate swap changes in value credited to equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,324

4,936

3,978

3,707

3,623

0

0

0