Quanta Services, Inc. PWR Cash Flow

Quanta services, inc. (PWR)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Cash Flows from Operating Activities:
Net income
406,815	296,007	318,225	200,098	321,824	315,082	421,309	322,656	144,416	155,557	163,535	157,565	124,702
Adjustments to reconcile net income to net cash provided by (used in) operating activities—
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-342	190,621	27,490	29,864	16,935	14,004	10,483	-	-	-
Depreciation
218,107	202,519	183,808	170,240	162,845	141,106	118,830	120,303	109,874	101,199	86,862	77,654	55,900
Amortization of intangible assets
62,100	44,000	32,200	31,700	34,848	34,257	25,865	37,691	29,039	37,655	38,952	36,300	18,759
Asset impairment charges
13,900	49,400	58,057	7,964	58,451	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration liabilities
-13,404	11,248	5,171	0	0	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
76,801	-52,867	-10,945	-979	-466	-332	112,744	2,084	-	-	-	-	-
Non-cash interest expense
-	-	-	-	-	-	-	-	-	1,704	4,333	14,894	18,315
Amortization of debt issuance costs
1,900	1,300	1,300	1,400	1,251	1,094	1,081	904	901	642	921	1,894	2,151
Amortization of deferred revenues
-	-	-	-	-	-	-	10,149	11,415	12,471	13,987	9,634	-2,932
Gain on sale of property and equipment
5,797	-3,296	549	734	2,773	1,803	2,464	970	-897	-4,577	-8,758	-2,499	5,328
Foreign currency (gain) loss
-	-	-	-880	-	-	-	-	-	-	-	-	-
Non-cash loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	4,797	-	-2	-34
Gain on sale of discontinued operation
-	-	-	-	-	-	-	-	-	-	-	-	-2,348
Foreign currency loss
-	-	-	-	-2,490	-1,244	-2,179	-691	-1,196	328	267	-	0
Provision for contract receivable
-	-	-	-	-	102,460	-	-	-	-	-	-	-
Non-cash portion of arbitration expense
-	-	-	-	-	10,518	-	-	-	-	-	-	-
Accounts Receivable, Credit Loss Expense (Reversal)
11,249	7,169	87	-543	224	1,411	3,236	3,693	1,163	-142	2,690	7,257	1,216
Provision for insurance receivable
-	-	-	-	-	-	-	-	-	-	-	3,375	0
Deferred income tax provision
-7,919	61,974	-32,130	-15,695	-19,403	22,906	-25,713	22,533	556	33,156	26,911	2,588	-941
Share-based Payment Arrangement, Noncash Expense
52,013	52,484	46,448	42,843	36,939	37,449	34,381	25,990	19,480	20,640	19,875	16,692	9,362
Foreign currency and other (gain) loss
5,568	385	-409	-	-	-	-	-	-	-	-	-	-
Tax impact of stock-based equity awards
-	-	-	-	-	1,563	3,723	297	1,365	2,161	-1,509	2,266	-6,275
Increase (Decrease) in Operating Capital
156,805	400,533	241,764	48,666	-222,108	389,261	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of non-cash transactions - (Increase) decrease in -
Accounts and notes receivable
-	-	-	-	-	-	69,599	341,825	270,248	17,483	-253,070	77,919	-1,037
Costs and estimated earnings in excess of billings on uncompleted contracts
-	-	-	-	-	-	42,273	150,486	64,478	59,423	-6,002	-23,473	-10,212
Inventories
-	-	-	-	-	-	-5,986	-26,435	13,581	16,591	-7,536	-309	6,715
Prepaid expenses and other current assets
-	-	-	-	-	-	10,329	12,599	-10,490	12,551	10,580	-77	-15,517
Accounts payable and accrued expenses and other non-current liabilities
-	-	-	-	-	-	19,254	123,143	201,890	-17,502	-170,010	-840	-14,879
Billings in excess of costs and estimated earnings on uncompleted contracts
-	-	-	-	-	-	38,708	26,624	63,066	10,088	-50,267	-15,177	24,500
Other, net
-	-	-	-	-	-	-3,562	-8,479	-3,799	-3,322	1,055	3,757	6,399
Net cash provided by operating activities of continuing operations
526,551	358,789	371,891	390,749	628,649	247,742	370,558	166,839	204,078	217,558	376,898	242,500	219,240
Cash Flows from Investing Activities:
Capital expenditures
261,762	293,595	244,651	212,555	209,968	247,216	221,946	209,445	162,285	144,042	164,980	185,634	127,931
Proceeds from sale of property and equipment
31,142	31,780	23,348	21,975	26,178	14,448	14,789	12,362	9,142	24,373	9,064	15,407	27,498
Proceeds from insurance settlements related to property and equipment
1,964	714	1,175	546	-	-	-	-	-	-	-	-	-
Cash paid for acquisitions, net of cash, cash equivalents and restricted cash acquired
387,966	94,917	361,217	68,788	112,914	262,218	283,837	68,727	79,660	130,251	-36,234	34,547	20,137
Cash withdrawn from (deposited to) restricted cash
-	-	-	-	-214	-3,565	36,482	-	-	-	-	-	-
Investments in unconsolidated affiliates and other entities
47,056	36,909	56,528	13,150	6,074	3,127	-186,185	-	4,000	-	-	-	-
Cash received from investments in unconsolidated affiliates and other entities
46,590	4,705	65,789	7,593	4,338	-6,214	10,032	53,750	35,000	-	-	-	-
Cash paid for intangible assets
508	14,448	0	0	211	252	-	1,541	455	-	-	-	-
Cash paid for developed technology
-	-	-	-	-	-	-	-	-	-	-	14,573	0
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	309,055
Proceeds from the sale of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	309,055
Net cash used in investing activities of continuing operations
-617,596	-402,670	-572,084	-264,379	-307,113	-488,586	-278,359	-321,101	-272,258	-249,920	-119,682	-219,347	-120,570
Cash Flows from Financing Activities:
Borrowings under credit facility
6,175,558	4,491,782	2,932,338	2,744,453	3,349,385	938,047	341,730	1,052,700	-	-	-	-	-
Payments under credit facility
5,903,069	4,076,460	2,624,404	2,860,673	2,935,752	866,224	341,730	1,052,700	-	-	-	-	-
Borrowings of other long-term debt
-	-	-	-	-	394	23	-	4,343	1,183	5,316	1,791	6,532
Payments of other long-term debt
2,203	1,298	5,361	6,959	2,683	30,448	556	56	5,680	3,438	3,301	1,651	67,865
Net repayments of short-term debt, net of borrowings
-28,292	33,790	-2,783	-1,957	-	-	-	-	-	-	-	-	-
Borrowings of short-term debt
-	-	-	-	4,872	5,056	-	-	-	-	-	-	-
Payments on short-term debt
-	-	-	-	5,170	-	-	-	-	-	-	-	-
Payments on convertible subordinated notes
-	-	-	-	-	-	-	-	-	143,750	-	156	33,294
Debt issuance and amendment costs
2,300	2,000	1,500	0	3,795	-	3,244	-	4,127	-	-	-	-
Distributions to non-controlling interests
2,526	4,038	2,001	761	18,915	14,432	17,625	17,970	5,954	2,395	-	-	-
Payments related to tax withholding for stock-based compensation
16,144	15,218	18,543	8,340	9,797	-	-	-	-	-	-	-	-
Payments of dividends
23,236	0	0	-	-	-	-	-	-	-	-	-	-
Issuances of stock
-	-	-	-	-	-	-	-	-	-	-	-	-875
Tax impact of stock-based equity awards
-	-	-	-	-	1,563	3,723	297	1,365	2,161	-1,509	2,266	6,275
Exercise of stock options
0	0	25	401	372	1,179	1,028	2,385	867	534	975	5,987	10,288
Repurchase of common stock
20,100	443,200	50,000	0	1,606,361	93,482	-	-	149,547	-	-	-	-
Discontinued operations:
Net cash used in operating activities
-	-	-	-1,035	22,342	63,082	76,034	-60,622	13,952	22,700	-	-	-
Net cash used in investing activities
-	-	-	-6,080	825,376	-54,280	-41,607	307,522	-8,959	-4,333	-	-	-
Net cash used in discontinued operations
-	-	-	-7,115	847,718	8,802	34,427	246,900	4,993	18,367	-	-	-
Net cash provided by financing activities
177,687	-16,570	227,764	-133,836	-1,227,844	-58,347	-16,651	-15,344	-158,733	-145,705	1,481	8,237	-78,939
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash
-153	-68	1,794	220	-3,154	-7,873	-15,899	2,058	-1,952	-708	3,031	-570	3,663
Net increase in cash, cash equivalents and restricted cash
86,489	-60,519	29,365	-14,361	-61,744	-298,262	94,076	79,352	-223,872	-160,408	261,728	30,820	23,394
Supplemental disclosure of cash flow information:
Interest paid related to continuing operations
-	-	-	-	-	-	1,586	2,734	701	3,479	5,864	-18,248	-19,467
Redemption premium on convertible subordinated notes
-	-	-	-	-	-	-	-	-	2,310	-	-	-
Income taxes paid
-	-	-	-	-	-	244,550	155,494	13,306	108,700	56,565	-81,522	-61,052
Income tax refunds related to continuing operations
-	-	-	-	-	-	1,826	4,106	6,502	9,707	2,385	4,526	1,704