OUTFRONT Media Inc. OUT Cash Flow

Outfront media inc. (OUT)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	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	Jun'13	Mar'13
Operating Activities:
Net income attributable to OUTFRONT Media Inc.
140,100	140,100	152,300	160,400	104,900	107,900	86,200	90,100	132,400	125,800	116,900	104,300	95,700	90,900	-9,600	-26,500	-32,800	-29,400	72,300	299,400	299,600	306,900	0	0	0	0	0
Adjustments to reconcile net income to net cash flow provided by operating activities:
Net income attributable to non-controlling interests
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
196,000	194,500	194,200	189,900	187,200	185,000	183,600	184,600	186,800	189,800	195,800	203,000	213,400	224,200	229,200	231,700	230,000	229,100	226,800	218,800	210,700	202,200	0	0	0	0	0
Deferred tax benefit
-1,500	200	2,600	4,400	1,800	-400	-2,800	-1,000	-5,400	-4,900	-5,800	-5,300	-3,100	-1,800	-1,500	-2,600	-1,800	-1,700	-3,200	-237,500	-243,100	-249,500	0	0	0	0	0
Stock-based compensation
22,800	22,300	21,200	20,400	20,500	20,200	19,800	20,200	20,100	20,500	20,300	19,600	18,600	18,000	17,300	16,500	16,400	15,200	16,800	19,300	17,800	16,000	0	0	0	0	0
Provision for doubtful accounts
12,400	5,300	5,200	6,300	3,700	1,900	2,800	2,500	3,500	4,400	3,100	2,200	2,900	3,600	3,400	3,200	2,700	2,700	2,700	3,100	3,000	2,900	0	0	0	0	0
Accretion expense
2,500	2,500	2,500	2,500	2,400	2,400	2,300	2,300	2,300	2,300	2,400	2,400	2,400	2,400	2,400	2,500	2,500	2,500	2,500	2,400	2,400	2,300	0	0	0	-	-
Loss on real estate assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	1,300	104,900	104,900	104,900	103,600	0	0	0	-	-	-	-	-	-
Net gain on dispositions
2,400	3,800	4,300	3,700	6,800	5,500	4,900	17,700	14,900	14,300	13,800	2,000	1,900	1,900	1,600	-700	-1,400	-700	500	1,000	1,900	2,500	0	0	0	0	0
Equity in earnings of investee companies, net of tax
5,300	5,700	5,300	4,600	4,100	4,100	3,700	4,400	4,700	4,800	5,300	5,300	5,200	5,300	5,000	5,300	5,000	4,800	5,100	4,000	3,100	2,900	0	0	0	0	0
Distributions from investee companies
5,400	4,900	4,600	3,300	3,500	3,000	6,700	6,600	5,900	7,300	5,200	5,400	6,600	5,000	6,900	6,900	7,000	7,700	6,900	6,600	5,100	7,400	0	0	0	0	0
Amortization of deferred financing costs and debt discount and premium
7,800	7,900	6,400	5,900	5,700	5,700	5,700	5,700	5,600	6,100	6,200	6,400	6,900	6,400	6,700	6,600	6,200	6,300	5,800	13,100	12,900	12,100	0	0	0	0	0
Cash paid for direct lease acquisition costs
48,000	47,100	45,600	44,800	42,800	41,300	39,400	39,400	40,000	39,200	39,100	38,000	38,100	37,000	0	0	0	-	-	-	-	-	-	-	-	-	-
Change in assets and liabilities, net of investing and financing activities:
Decrease in receivables
44,900	29,500	35,500	44,100	44,900	37,200	23,800	4,900	6,900	9,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in prepaid MTA equipment deployment costs
87,500	92,000	90,200	89,200	90,300	74,800	53,500	36,500	11,900	4,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in prepaid expenses and other current assets
-3,900	-3,500	11,700	100	-4,000	200	17,700	4,600	-2,300	-200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accounts payable and accrued expenses
18,200	36,300	25,100	34,000	16,300	21,700	2,600	-4,500	3,500	-31,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in operating lease assets and liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in deferred revenues
2,800	-800	8,800	2,100	2,400	8,500	1,000	800	1,500	800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in income taxes
1,200	200	-500	-3,600	-300	-3,100	2,500	-100	100	2,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
4,000	-2,400	1,800	9,500	18,800	18,300	6,200	4,200	1,000	700	-23,500	-32,500	-13,500	5,700	-29,900	-42,100	-37,900	1,100	38,700	26,700	11,000	500	0	0	0	0	0
Net cash flow provided by (used for) operating activities
250,400	276,900	239,000	229,600	193,600	214,300	204,100	238,400	279,200	249,300	269,000	261,500	285,500	287,100	317,400	323,700	321,100	293,100	254,700	261,900	260,800	262,800	0	0	0	0	0
Investing Activities:
Capital expenditures
90,000	89,900	85,600	75,500	83,600	82,300	74,300	75,000	71,000	70,800	72,400	71,600	61,600	59,400	61,800	61,500	60,500	59,200	63,600	62,600	61,600	64,200	0	0	0	0	0
Acquisitions
68,800	69,700	62,100	37,100	10,400	7,000	12,000	15,700	72,400	69,200	66,000	64,400	8,300	67,900	65,700	63,200	62,700	12,100	746,800	745,900	745,600	735,700	0	0	0	0	0
MTA franchise rights
21,400	24,000	20,800	17,900	17,300	13,300	10,300	7,000	2,300	900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from dispositions
3,900	5,800	6,800	6,700	9,900	7,900	10,000	8,900	5,700	5,600	1,800	2,800	90,400	90,600	90,500	88,000	8,500	8,900	11,000	12,800	4,700	4,500	0	0	0	0	0
Return of investment in investee companies
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flow provided by (used for) investing activities
-174,300	-176,300	-157,400	-119,500	-97,000	-90,400	-86,600	-88,800	-140,000	-135,300	-136,600	-133,200	20,500	-36,700	-37,000	-36,700	-114,700	-62,400	-802,400	-798,700	-805,500	-798,400	0	0	0	0	0
Financing Activities:
Proceeds from long-term debt borrowings - senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	103,800	703,100	703,100	703,100	599,300	0	0	0	-	-
Proceeds from long-term debt borrowings
1,730,000	1,270,000	775,000	730,000	129,000	104,000	89,000	79,000	10,000	8,300	8,300	8,300	8,300	0	0	0	0	-	-	-	-	1,598,000	0	0	0	0	0
Proceeds from borrowings under short-term debt facilities
505,000	505,000	325,000	200,000	203,000	245,000	227,000	235,000	307,000	250,000	223,000	90,000	0	35,000	35,000	35,000	35,000	105,000	105,000	105,000	105,000	0	0	0	0	-	-
Repayments of borrowings under short-term debt facilities
450,000	470,000	290,000	300,000	140,000	165,000	125,000	220,000	215,000	170,000	0	0	0	-	-	-	-	105,000	105,000	105,000	105,000	0	0	0	0	-	-
Payments of deferred financing costs
22,500	22,100	0	0	0	-	-	-	-	8,500	7,700	7,500	7,000	400	400	400	1,500	3,300	21,200	21,600	20,600	42,700	0	0	0	0	0
Proceeds from shares issued under the ATM Program
34,300	50,900	66,200	66,200	31,900	15,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Distribution of debt and IPO proceeds to CBS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,038,800	0	0	0	0	0
Net cash contribution from CBS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,300	0	0	0	0	0
Proceeds from stock option exercises
-	-	-	-	-	-	-	-	-	1,200	1,200	1,200	1,200	0	0	0	0	2,000	2,000	2,000	2,000	0	0	0	0	-	-
Taxes withheld for stock-based compensation
12,100	7,900	7,900	8,000	9,500	8,400	8,500	8,500	9,000	8,500	8,500	8,600	8,200	7,300	7,300	7,300	6,400	4,300	4,000	3,800	3,000	0	0	0	0	-	-
Dividends
211,900	208,100	207,000	205,800	204,600	203,900	203,700	203,400	202,700	201,800	197,900	194,300	191,700	188,600	189,300	189,000	188,500	196,300	302,600	300,300	297,600	242,700	0	0	0	-	-
Other
-	-	-	-	-	-	-	-	-	-200	-200	-200	-200	-200	-100	-100	-300	-500	-1,400	-1,400	-1,100	-800	0	0	0	-	0
Net cash flow provided by (used for) financing activities
360,700	-94,300	-76,100	324,200	-94,900	-117,700	-101,200	-131,000	-113,200	-131,500	-163,800	-166,100	-322,600	-286,500	-307,100	-286,800	-211,700	-148,600	385,400	385,100	489,900	536,600	0	0	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-1,300	500	100	200	-100	-400	-200	0	200	600	300	-100	-300	-300	-900	-1,900	-1,800	-3,300	-3,500	-3,300	-3,100	-2,300	0	0	0	0	0
Net increase in cash, cash equivalents and restricted cash
435,500	6,800	5,600	434,500	1,600	5,800	16,100	18,600	26,200	-16,900	-31,100	-37,900	-16,900	-36,400	-27,600	-1,700	-7,100	78,800	-165,800	-155,000	-57,900	-1,300	0	0	0	0	0
Supplemental disclosure of cash flow Information:
Cash paid for income taxes
10,500	10,500	9,100	7,800	9,000	8,400	7,400	9,400	6,400	6,800	7,000	3,800	-200	1,200	1,700	4,600	6,500	5,800	26,500	26,600	49,500	53,000	0	0	0	0	0
Cash paid for interest
134,500	121,500	130,600	123,300	121,200	117,500	117,400	116,300	113,500	111,000	107,000	106,700	110,200	111,400	112,300	112,900	107,300	107,000	101,400	88,100	74,300	55,100	0	0	0	-	-
Non-cash investing and financing activities
Non-cash investing and financing activities:
Accrued purchases of property and equipment
8,000	7,700	10,600	10,400	4,200	5,800	10,200	9,200	10,000	9,500	11,600	11,700	16,300	11,200	6,800	11,100	11,900	7,000	3,100	1,300	-3,400	1,400	0	0	0	-	-
Accrued MTA franchise rights
7,200	4,000	3,700	4,700	3,200	1,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of stock for purchase of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,200	-8,500	-7,800	-4,400	2,000	0	0	0	-	-
Taxes withheld for stock-based compensation
0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	4,000	2,600	0	0	0	-	-	-	-	-	-