Pjt partners inc. (PJT)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Mar'15
Operating Activities
Net Income

94,859

63,787

38,274

35,772

36,766

42,558

1,664

-12,971

-24,556

-28,326

18,767

10,787

6,636

5,108

0

0

0

0

Adjustments to Reconcile Net Income to Net Cash Used in Operating Activities
Equity-Based Compensation Expense

113,927

111,568

117,784

119,486

115,902

117,991

118,075

119,392

119,734

115,928

112,307

107,515

101,648

89,010

0

0

0

0

Depreciation and Amortization Expense

14,696

14,496

14,320

13,129

11,586

9,973

8,353

8,128

8,058

8,143

8,248

10,214

12,217

14,026

0

0

0

-

Amortization of Operating Lease Right-of-Use Assets

19,873

18,312

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for Credit Losses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Bad Debt Expense

-

-

-

-

-

-

-

-

-

-

2,219

3,554

4,356

4,132

0

0

0

0

Excess Tax Benefits Related to Equity-Based Compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Depreciation Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Amortization Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Foreign Currency Transaction (Gains) Losses

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

Deferred Taxes

12,855

11,509

4,384

-3,014

-8,668

-7,832

42,427

28,833

31,598

30,961

0

0

0

-

-

-

-

-

Other

-3,356

-3,566

-4,428

-2,798

-3,427

-708

0

0

0

-

-

-

-

-

-

-

-

0

Cash Flows Due to Changes in Operating Assets and Liabilities
Accounts Receivable

46,899

11,059

65,334

9,826

-10,719

36,593

33,557

-1,619

20,611

-41,179

-13,448

39,390

24,576

64,853

0

0

0

0

Taxes Receivable

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

Receivable from Affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Due from Blackstone

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred Tax Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Other Assets

15,933

17,612

16,149

10,434

9,316

930

13,620

20,294

22,261

8,700

-7,077

-15,363

-7,323

429

0

0

0

0

Accrued Compensation and Benefits

38,212

29,944

4,715

-6,960

-10,899

-5,417

22,588

-6,607

-3,487

-46,098

-44,880

-3,611

-25,572

63,160

0

0

0

0

Accounts Payable, Accrued Expenses and Other Liabilities

-1,559

1,355

-6,135

-9,544

-11,473

-1,602

-3,975

1,640

6,751

-322

4,945

-4,669

-13,918

-1,119

0

0

0

0

Operating Lease Liabilities

-17,527

-18,546

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Rent Liability

-

-

-

-

-

-638

-73

460

734

324

-117

-567

1,510

4,604

0

0

0

-

Deferred Tax Liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Taxes Payable

4,484

-2,209

201

585

1,591

4,811

1,890

848

-527

867

-110

355

-145

-145

0

0

0

0

Deferred Revenue

5,209

6,294

-3,475

-4,119

-1,604

-89

4,257

2,067

130

-421

-4,698

-4,680

1,129

354

0

0

0

0

Net Cash Used in Operating Activities

226,264

211,405

91,671

126,002

135,986

122,940

158,346

135,874

93,965

111,215

91,002

81,938

70,293

116,851

0

0

0

0

Proceeds from Repayment of Note Issued to Employee

-

-

-

-

-

-

-

-

-

-

-

-

-

538

0

0

0

-

Purchases of Investments

0

-

-

-

-

22,000

23,990

43,029

53,025

57,163

0

0

0

-

-

-

-

-

Proceeds from Sales and Maturities of Investments

0

-

-

-

-

59,176

0

0

0

-

-

-

-

-

-

-

-

-

Purchases of Furniture, Equipment and Leasehold Improvements

12,614

8,811

7,101

5,723

5,628

7,206

6,682

6,495

3,855

1,062

1,181

4,899

7,002

13,088

0

0

0

-

Settlement of Acquisition-Related Escrow

-

-7,485

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Investing Activities

-35,602

-1,720

-47,070

-36,849

-36,753

-31,493

25,484

5,649

-1,707

-38,237

-57,132

-40,694

-32,002

-12,550

0

0

0

-

Dividends

4,674

4,645

4,654

4,585

4,540

4,319

4,101

3,978

3,813

3,796

3,781

3,766

3,744

3,728

0

0

0

-

Proceeds from Revolving Credit Facility

16,000

15,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on Revolving Credit Facility

16,000

15,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal Payments on Term Loan

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee Taxes Paid for Shares Withheld

13,118

9,598

10,206

10,657

11,568

22,432

21,695

21,628

20,174

4,074

0

0

0

-

-

-

-

-

Cash-Settled Exchanges of Partnership Units

21,100

19,000

37,700

48,100

53,994

68,900

51,847

44,245

56,767

45,511

0

0

0

-

-

-

-

-

Treasury Stock Purchases

0

-

-

-

-

64,870

0

0

0

-

-

-

-

-

-

-

-

-

Payments Pursuant to Tax Receivable Agreement

-

210

210

210

210

10

0

0

0

-

-

-

-

-

-

-

-

-

Principal Payments on Finance Leases

144

145

136

125

121

106

101

101

99

97

94

129

86

88

0

0

0

-

Net Cash Used in Financing Activities

-153,366

-101,291

-99,805

-98,484

-101,493

-130,680

-120,601

-108,192

-110,914

-79,639

-89,118

-81,915

-48,949

-32,517

0

0

0

0

Effect of Exchange Rate Changes on Cash and Cash Equivalents

-3,299

1,446

-3,131

-1,989

267

-276

864

1,323

1,531

-151

-197

-2,476

-2,687

-2,502

0

0

0

0

Net Decrease in Cash and Cash Equivalents

33,997

109,840

-58,335

-11,320

-1,993

-39,509

64,093

34,654

-17,125

-6,812

-55,445

-43,147

-13,345

69,282

0

0

0

0

Net Decrease from Former Parent Company Investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Supplemental Disclosure of Cash Flows Information
Payments for Income Taxes, Net of Refunds Received

1,997

3,843

5,446

5,521

4,150

501

819

915

13,550

15,106

15,010

17,765

8,251

6,813

0

0

0

-

Payments for Interest

1,020

1,386

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-Cash Receipt of Shares

-

-

-

-

-

2,254

0

0

0

-

-

-

-

-

-

-

-

-

Payments for Income Taxes, including those to Former Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Supplemental Disclosure of Significant Non-Cash Activities
Non-Cash Contributions from Former Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

8,566

0

0

0

-