Phi inc (PHII)
CashFlow / TTM
Jun'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'11
Operating activities:
Net loss

-184,757

-159,772

-141,514

-6,277

1,978

5,797

7,532

-38,856

-40,546

-32,996

-26,680

-7,184

5,452

7,629

26,924

31,878

41,458

48,372

32,688

42,121

38,649

44,797

58,956

45,572

38,179

24,717

18,057

17,834

15,032

9,701

4,852

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

79,431

78,231

79,254

76,975

72,614

70,649

68,027

63,282

64,993

65,615

65,743

70,360

69,868

70,440

71,618

68,254

63,540

57,636

50,848

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Deferred income taxes

-28,513

-27,095

-28,552

-59,590

-58,927

-56,502

-59,272

-5,065

-6,643

-11,262

-2,424

-9,864

-741

7,570

12,894

22,800

23,537

26,909

16,071

5,017

5,613

11,470

21,921

31,212

29,187

20,030

15,620

13,393

10,485

7,165

3,949

0

0

0

(Gain) loss on asset dispositions

-1

75

-753

-1,003

-999

-1,177

-298

-507

-596

3,709

3,350

3,277

3,527

-705

-339

761

540

232

-848

-842

613

15,556

16,604

15,769

13,669

-353

-317

102

165

-437

-302

0

0

0

Equity in (income) loss of unconsolidated affiliate, net

2,543

1,586

188

1,333

1,654

581

-385

0

0

0

-

-

-

-

-306

-558

-164

-123

-96

862

715

184

-262

0

0

0

-

-

-

-

-

-

-

-

Inventory valuation reserves

-

0

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-29,833

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Inventory valuation reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,231

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-427

3,185

591

375

115

-3,939

-837

-1,030

-1,046

0

0

0

Changes in operating assets and liabilities

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

23,289

-1,128

5,460

0

0

0

0

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

0

7,526

-

18,615

65,409

87,657

133,918

171,589

143,531

143,315

119,519

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

-11,439

-13,819

17,648

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,328

48,986

33,980

30,352

0

0

0

Investing activities:
Purchase of property and equipment

34,048

43,458

43,176

30,291

30,963

58,633

56,757

56,119

85,826

78,112

81,842

83,829

67,529

43,527

57,123

74,456

120,305

141,059

157,690

148,112

119,609

116,536

102,726

131,380

146,072

140,891

128,475

107,468

79,057

98,168

91,028

0

0

0

Proceeds from asset dispositions

14,027

13,415

14,245

2,728

2,732

2,138

1,296

1,771

4,002

14,133

14,983

0

0

0

-

-

-

-

10,266

9,546

12,112

44,991

42,197

41,422

39,970

4,624

11,302

12,750

13,439

13,281

6,852

0

0

0

Purchase of short-term investments

206,906

289,778

284,481

653,732

764,458

717,432

637,980

326,774

304,535

298,643

321,453

311,705

469,616

496,083

608,649

585,497

521,957

514,786

465,094

500,729

362,734

445,446

375,503

362,832

360,204

252,095

216,265

209,026

183,255

219,916

234,631

0

0

0

Proceeds from sale of short-term investments

191,082

278,741

334,488

826,699

940,643

931,542

862,942

411,471

354,922

308,018

316,543

306,820

397,350

396,724

505,966

483,325

438,228

463,844

363,110

390,180

301,057

348,637

338,970

341,127

374,448

289,896

249,041

235,711

164,592

238,817

282,743

0

0

0

Payment of deposit on aircraft

-

-

-

-

-

-

-

-

2,228

2,249

2,249

263

1,273

1,273

1,273

1,273

242

515

6,948

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Refund of deposit on aircraft

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

11,506

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loan to unconsolidated affiliate

-

-

274

274

274

274

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-

-

-

-

-

-

-

-

0

-58,053

-

-75,177

-119,391

-132,063

-149,833

-163,352

-195,580

-177,864

-245,050

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Deposits paid on aircraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Refund of deposits on aircraft

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-35,392

-40,577

20,802

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-69,629

-92,285

-73,503

-43,862

0

0

0

Financing activities:
Repayment of Senior Notes due 2018

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Premium and costs to retire debt early

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,749

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance cost

6,542

6,542

874

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

6,232

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from line of credit

-

545

34,295

87,295

119,920

148,600

152,150

149,950

180,425

218,500

264,700

239,900

263,720

238,420

232,660

265,309

288,493

246,493

264,253

269,102

218,306

257,871

164,771

136,733

103,207

124,054

127,323

121,111

120,881

77,158

73,865

0

0

0

Payments on line of credit

-

122,295

151,795

187,295

130,925

162,350

168,650

182,350

142,200

170,700

188,200

185,720

204,220

190,360

218,160

268,693

252,993

206,853

300,253

275,763

294,029

337,026

172,526

117,463

85,522

74,825

86,615

87,484

79,032

47,232

58,892

0

0

0

Repurchase of common stock

-

-

-

-

-

-

256

261

292

129

529

531

610

741

2,448

2,417

2,314

2,183

152

176

176

176

1,037

0

0

0

-

-

-

-

-

-

-

-

Proceeds from Term Loan

200,000

200,000

130,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

500,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

0

47,671

-

53,649

58,890

47,319

12,052

-5,801

33,091

28,836

130,867

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

71,183

71,602

11,520

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,627

41,849

29,926

14,973

0

0

0

Effect of exchange rate changes on cash

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in cash, cash equivalents and restricted cash

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash

-

-

-

-

-

-

-

0

0

-2,856

-

-2,913

4,908

2,913

-3,863

2,436

-18,958

-5,713

5,336

1,220

10,427

5,759

-1,915

108

10,766

2,530

-2,242

-1,674

-1,450

-9,597

1,463

0

0

0

Cash paid during the period for:
Reorganization items, net

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

18,672

18,558

30,828

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

0

29,592

-

28,754

28,290

27,895

27,657

27,680

27,362

27,588

25,415

38,459

26,138

39,222

28,675

28,809

28,744

28,585

28,775

28,323

27,636

29,097

28,431

0

0

0

Income taxes

3,148

2,608

2,273

1,322

913

1,551

1,231

994

1,889

2,637

2,637

5,316

4,339

2,460

5,521

2,701

2,920

12,638

9,590

10,882

10,663

1,162

1,161

-97

-97

226

237

267

268

223

212

0

0

0

Noncash investing activities:
Other current liabilities and accrued payables related to purchase of property and equipment

-124

43

52

244

299

-224

42

-3,667

-20

-28,925

29

5,011

-26,354

1,647

1,339

161

27,855

4,469

192

150

-97

24,811

176

-127

-832

18

101

164

-44,547

181

160

0

0

0