Sculptor capital management, inc. (OZM)
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
Consolidated net loss

-64,429

-20,385

-51,935

-51,237

-70,629

-48,902

41,020

92,241

161,301

154,372

60,152

75,767

-153,430

-315,987

-445,684

-412,572

-154,217

167,313

573,843

622,012

710,362

711,312

1,148,580

1,204,694

1,163,459

1,255,825

849,630

391,561

-29,190

-571,231

-1,269,479

-1,346,635

-1,389,879

-1,463,688

-1,133,009

-1,145,284

-1,158,062

-1,198,954

0

0

0

Adjustments to reconcile consolidated net loss to net cash provided by operating activities:
Reorganization expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,064

16,070

16,075

16,079

16,083

16,088

16,087

16,087

16,087

213,611

608,092

1,002,487

1,396,882

1,595,937

1,606,028

1,606,924

1,614,363

1,592,326

1,595,560

1,608,037

1,626,988

0

0

0

Amortization of equity-based compensation

115,011

127,505

125,552

115,911

102,182

87,130

88,321

88,268

87,862

84,169

82,602

78,642

75,153

75,217

82,360

91,609

102,385

112,639

116,720

117,901

116,393

114,727

119,003

126,664

138,244

133,832

135,138

114,968

90,916

86,006

80,274

93,688

113,226

128,916

135,645

138,668

131,400

128,737

0

0

0

Depreciation, amortization and net gains and losses on fixed assets

7,840

8,449

9,540

9,917

10,347

10,308

10,350

10,044

8,494

10,334

12,628

18,356

20,692

19,882

18,143

13,164

12,584

11,331

9,887

8,508

7,311

6,990

7,145

7,560

7,759

8,251

8,621

9,005

9,324

9,362

9,508

9,491

9,560

9,676

9,438

9,371

9,267

9,078

0

0

0

Net losses on early retirement of debt

-1,440

-6,375

-6,271

-6,053

-19,761

-14,303

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

13,676

26,935

18,465

20,625

8,506

8,599

297,028

298,905

304,312

312,764

-16,407

-8,998

-2,686

2,236

41,535

41,129

111,277

115,760

148,545

171,966

109,725

111,061

108,096

85,531

78,805

78,961

70,020

78,125

78,485

68,203

53,752

57,497

52,926

46,195

39,484

28,108

24,091

19,815

0

0

0

Non-cash lease expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating and finance lease assets amortization

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating and finance lease liabilities accretion

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net losses (gains) on investments, net of dividends

-32,691

4,577

-6,289

-4,566

-9,598

-11,350

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on investments in funds and joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating cash flows due to changes in:
Income and fees receivable

-29,661

132,552

-4,712

-7,829

5,638

-300,450

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income and fees receivable

-

-

-

-

-

-

-

-

-

-

0

0

7,032

-

-35,891

-25,502

-29,955

-346,481

19,228

8,997

10,031

-502,262

-29,701

-5,880

-46,746

350,638

29,011

1,331

94,463

517,571

484

11,481

-6,155

-388,180

8,169

2,308

7,545

94,520

0

0

0

Due from related parties

-2,866

-5,399

-10,628

-13,510

-12,771

-7,448

9,541

2,238

14,098

7,708

2,922

8,263

8,032

10,502

10,250

11,570

7,187

3,133

3,325

1,297

-496

-351

1,630

1,657

1,232

2,167

973

3,136

238

854

-115

-676

547

533

-1,072

-1,142

27

-332

0

0

0

Deferred balances, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other assets, net

-12,858

-7,733

-3,874

1,684

-6,579

-30,607

-1,926

-41,129

1,116

6,388

-9,037

29,019

-5,437

8,376

3,756

-8,723

-16,614

-23,693

-38,462

-16,787

2,097

23,106

30,178

32,421

29,471

17,957

17,205

5,782

-2,075

-3,042

352

2,745

1,508

2,259

-5,429

-232,011

-230,658

-238,576

0

0

0

Compensation payable

-4,981

79,290

-4,176

-5,811

-2,921

-106,645

9,884

-2,825

-14,805

2,658

30,516

30,202

26,277

29,479

-10,171

-9,497

-11,458

-67,913

-1,811

1,739

3,027

-69,152

13,300

11,251

8,684

97,440

805

-106

2,770

102,671

2,302

-5,805

-4,797

-41,289

82

7,220

4,787

4,893

0

0

0

Unearned incentive income

-1,401

-599

-4,594

9,053

8,550

17,109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned incentive income

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets of consolidated Och-Ziff funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

319,388

255,336

213,751

140,419

0

0

0

Due to related parties

-20,818

-2,674

-4,316

-4,392

1,737

266

-221,968

-222,729

-222,719

-222,563

13,300

2,023

1,774

1,320

-73,589

-61,484

-109,883

-109,515

-110,000

-131,191

-82,278

-86,587

-59,984

-40,200

-40,687

-36,386

-33,353

-33,807

-33,781

-33,875

-21,467

-36,461

-37,509

-37,347

-33,618

-17,280

-20,514

-103,374

0

0

0

Operating lease liabilities

-22,164

-18,286

-13,485

-7,513

-2,383

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

9,716

1,107

-10,354

-21,231

-8,934

-11,144

17,607

-21,788

-611

-3,869

-508,573

-473,557

-330,943

-88,419

400,080

389,627

214,243

-8,120

-17,656

-13,693

8,531

22,130

34,430

43,329

31,332

15,383

-19,047

-5,382

-7,226

7,905

32,765

16,041

3,749

-8,820

12,315

6,476

15,695

24,963

0

0

0

Consolidated funds related items:
Net gains of consolidated funds

22

3,768

-2,188

-1,438

-1,946

-5,200

950

8,318

8,729

8,472

9,011

2,174

2,605

2,915

-89,249

-110,697

-114,912

-69,572

44,087

59,945

129,112

137,726

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gains of consolidated Och-Ziff funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized gains of consolidated Och-Ziff funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized losses of notes payables of consolidated CLOs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments

79,319

128,917

173,886

307,884

340,786

378,626

373,620

403,470

462,754

423,147

439,718

289,990

241,331

242,474

1,034,152

1,852,844

3,092,613

4,122,079

4,163,427

4,367,719

4,578,560

4,732,159

4,910,727

4,490,261

3,595,900

3,218,982

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investments

203,411

263,505

314,012

287,601

241,664

245,309

232,678

222,111

198,772

184,783

203,367

189,480

230,641

231,591

1,070,900

2,120,562

3,208,369

4,136,801

4,115,869

4,023,043

4,172,333

4,275,275

4,620,744

4,268,563

3,309,165

2,979,785

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other assets of consolidated funds

30,291

31,832

12,696

33,702

-19,881

7,769

27,814

324,488

333,502

307,379

311,606

13,436

-3,020

-3,925

-7,784

99,073

73,879

120,301

77,471

-52,872

-136,939

-175,200

-146,225

-201,356

-185,716

-337,213

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Securities Sold Under Agreements To Repurchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-111,515

-47,379

27,145

3,492

44,575

-23,849

-115,054

-9,901

34,148

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities of consolidated funds

5,639

8,041

-14,551

-30,854

-24,962

3,203

28,169

113,753

109,532

80,421

82,805

11,701

5,034

5,319

-9,860

-60

-2,133

-12,731

11,776

-194

10,938

19,147

-5,146

11,982

2,718

8,626

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of fixed assets

-

-

-

-

-

-

-

-

-

-

0

0

51,724

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities of consolidated Och-Ziff funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

94,122

65,745

67,160

27,558

0

0

0

Net Cash Used in Operating Activities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-141,454

-14,826

11,452

368,442

395,729

432,540

471,539

543,673

0

0

0

Net Cash Provided by Operating Activities

-

-

-

-

-

-

-

0

-115,997

-

-727,551

-372,541

-281,642

-281,462

119,323

295,722

285,449

442,279

546,788

475,012

493,548

950,383

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows from Investing Activities
Investments in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

3,528

3,688

4,334

4,981

0

0

0

Return of investments in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

6,589

0

0

0

Purchases of fixed assets

2,042

1,935

3,821

4,190

4,912

5,830

4,729

4,058

4,860

4,990

5,106

5,856

8,812

8,808

15,242

18,359

24,817

43,801

43,942

61,351

79,236

74,921

0

0

0

-

-

-

-

2,248

0

0

0

-

0

0

0

-

-

-

0

Purchases of United States government obligations

490,255

400,766

260,445

203,694

285,748

293,183

293,183

263,487

119,835

112,400

142,394

129,462

29,994

59,909

29,915

29,915

29,915

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities and sales of United States government obligations

476,406

437,574

290,559

291,810

128,581

129,781

120,500

113,000

113,000

100,000

60,000

60,000

60,000

78,500

36,973

36,973

36,973

18,473

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in funds

103,871

110,650

112,564

111,861

116,571

179,930

185,689

269,189

243,297

165,519

160,288

56,973

39,563

40,920

0

0

0

-

-

-

-

15,522

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of investments in funds

30,900

60,957

64,412

49,788

207,407

180,415

175,599

170,695

6,939

6,959

17,513

16,391

17,515

14,696

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-4,133

-4,148

-10,166

-8,169

-2,868

-7,333

754

558

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loans to joint venture partners

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net Cash (Used in) Provided by Investing Activities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-2,493

-3,993

-308

-3,132

1,590

1,621

-1,503

1,609

0

0

0

Net Cash Used in Investing Activities

-

-

-

-

-

-

-

0

-242,178

-

-172,676

-58,301

50,853

-16,458

-19,403

-20,116

-21,046

-27,770

-79,329

-94,497

-90,403

-103,278

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows from Financing Activities
Issuance and sale of Preferred Units, net of issuance costs

-

-

-

-

-

-

-

-

-

150,054

396,511

396,511

396,511

246,457

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions from noncontrolling and redeemable noncontrolling interests

5,709

6,353

4,199

115,050

128,227

148,950

150,637

38,950

26,235

3,629

3,534

5,420

3,037

3,019

25,125

78,420

338,180

602,654

705,479

675,899

610,824

610,918

503,995

532,601

542,413

401,103

659,645

849,028

767,297

723,091

505,905

353,361

305,900

292,400

300,360

267,219

216,521

192,564

0

0

0

Distributions to noncontrolling and redeemable noncontrolling interests

88,486

104,098

115,484

34,136

50,380

52,506

47,214

47,161

35,986

22,526

16,569

10,654

3,219

477

81,228

315,139

547,283

824,890

1,038,178

934,671

878,061

1,136,294

1,089,303

1,145,690

1,191,141

1,180,875

1,013,601

915,534

792,367

301,579

286,545

270,136

250,924

489,386

508,932

516,791

506,874

450,451

0

0

0

Distribution of deferred balances and related taxes to Mr. Och

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Dividends on Class A Shares

26,488

19,578

22,791

19,989

16,191

24,842

24,722

24,597

24,477

12,972

9,256

5,552

1,849

0

7,106

31,914

70,678

153,452

180,785

185,201

185,699

293,135

298,642

290,472

293,201

213,909

191,200

189,990

161,996

56,670

48,646

42,478

41,076

104,100

104,116

100,340

95,197

74,039

0

0

0

Proceeds from debt obligations, net of issuance costs

5,411

3,423

-123

-120

240,839

301,558

328,307

438,702

215,209

154,490

0

0

0

-

-

-

-

-

400,980

416,980

433,642

446,036

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Withholding taxes paid on vested Class A restricted share units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Repayment of debt obligations, including prepayment costs

78,722

192,790

187,822

183,772

736,462

595,463

595,628

577,956

266

167,516

168,248

169,168

170,081

3,667

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

380,142

622,484

623,384

249,612

249,595

8,156

8,156

10,901

10,901

0

0

0

Principal payments under capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Withholding taxes paid on vested RSUs

-

-

-

-

-

-

-

-

-

-

-

-

6,717

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

10,907

15,610

21,333

22,838

22,906

0

0

0

-

-

-

-

Equity-classified RSUs settled in cash

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-3,943

-5,040

-3,727

-4,944

-5,695

-5,874

0

0

0

-

-

-

-

-7,620

1,696

1,720

5,163

2,777

17,981

15,883

9,433

7,253

5,242

4,131

3,113

5,710

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Distribution of deferred balances and related taxes to Mr. Och

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129,850

0

0

0

Net Cash Used in Financing Activities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

158,409

21,829

-19,046

-333,876

-353,950

-387,169

-432,194

-501,437

0

0

0

Net Cash Used in Financing Activities

-

-

-

-

-

-

-

0

615,605

-

787,674

338,546

353,873

373,663

19,205

-186,802

-318,888

-411,042

-523,310

-438,083

-431,115

-786,476

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents and restricted cash

-6,653

-78,445

-63,273

-3,818

-455,227

-145,629

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during the period:
Interest

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

0

20,306

-

20,339

20,513

21,055

19,514

19,801

19,812

19,566

19,446

11,150

12,489

4,882

6,198

6,717

6,745

6,745

6,739

6,840

6,815

6,145

5,621

5,305

5,195

5,865

6,559

6,904

7,113

7,209

7,127

0

0

0

Income taxes

4,629

4,978

5,068

4,667

4,748

2,930

3,021

3,612

3,651

4,156

2,137

4,066

10,108

9,504

12,745

15,909

17,941

19,185

20,022

19,533

20,098

21,419

21,545

20,163

16,681

15,476

14,282

11,836

10,683

11,867

14,769

17,794

17,441

22,680

13,487

15,273

22,336

16,741

0

0

0

Non-cash transactions:
Assets related to the initial consolidation of CLO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,042,463

2,045,816

2,153,728

3,005,676

2,508,097

2,502,192

1,894,723

1,068,433

1,708,064

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities related to the initial consolidation of CLO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,078,301

2,082,313

2,192,233

3,057,947

2,553,400

2,538,893

1,921,199

1,086,573

1,732,640

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Reconciliation of cash and cash equivalents and restricted cash
Net Change in Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

0

0

123,084

-

119,125

88,804

-54,485

3,467

-55,851

-57,568

-27,970

60,629

83,955

94,744

86,109

27,489

97,908

70,974

75,405

13,474

14,462

3,010

-7,902

31,434

43,369

46,992

37,842

43,845

0

0

0

In-kind distribution of deferred balances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

169,652

0

0

0