RCI HOSPITALITY HOLDINGS, INC. RICK Cash Flow

Rci hospitality holdings, inc. (RICK)

CashFlow / Quarterly

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)
-3,493	5,634	500	5,679	6,743	6,404	-3,496	5,407	4,694	14,355	-2,229	3,850	3,756	2,905	105	2,632	5,293	2,439	654	8,080	-3,108	3,265	4,364	629	3,647	2,357	1,656	2,248	2,798	2,700	1,507	1,876	2,169	2,238	2,012	940	2,976	2,129
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-327	22	85	48	-4,374	1,653	276	250
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,714	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,898	2,254	2,286	-	2,593	3,252	2,379
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,825	1,826	1,817	1,591	1,923	1,886	1,645	-	1,532	1,514	1,392	1,349	1,342	1,326	1,320	1,213	1,398	1,190	1,120	1,079	971	948	906
Depreciation and amortization
2,257	2,204	2,354	2,465	2,200	2,053	1,916	1,998	1,899	1,909	1,984	1,710	1,608	1,618	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense (benefit)
-1,005	-150	-416	106	673	458	2,884	0	38	-9,697	2,273	0	0	0	-31	388	110	676	423	1,998	-62	1,523	712	-509	-156	890	364	19	-13	-109	525	-834	1,035	1,129	-1,352	4,090	1,062	-24
Gain on sale of businesses and assets
6	30	262	507	1,021	1,176	-2,092	70	0	-140	0	1,050	-212	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-160	0	-1,358	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on equity securities
-62	-72	-204	-38	77	-447	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) from acquisition of controlling interest in subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	577	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on change in fair value of derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	2	-1	-3	-18	40	98	-137	-215	333	148
Amortization of debt discount and issuance costs
68	61	58	74	107	95	-	-	-	324	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-46	-47	-47	-142	21	-75	-74	-75	-90	-72	-70	-40	-442	873	-422	-24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash lease expense
496	329	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	50	43	85	432	8	7	8	-19	22	11	22	22	21	22	22	15	17	81	45	36	37	36	36	36	37	36	36
Gain on insurance
13	20	-	-	-	-	-40	0	0	20	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-	-22	-30	10	12	13	12	12	16	16	17	16
Beneficial conversion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	-16	32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	120	120	120	120	120	120	120	126	2	151	3	2	282	281	282	282	12	13	8	8	0	0	0
Debt prepayment penalty
-	-	-	-	-	-	0	0	0	-543	0	0	-75	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
428	-2,345	729	-578	-4	-1,723	1,834	-245	1,107	926	875	86	-1,195	-644	4,178	-737	-49	594	-100	-2,405	2,623	221	-496	-214	768	-22	-650	112	222	-15	88	-354	594	-246	-2,022	2,847	187	63
Inventories
-4	141	129	-95	19	163	-58	-26	13	270	-115	93	-46	87	-167	-79	49	321	-464	-18	2	426	83	24	258	42	-13	-52	121	139	-197	192	-68	107	15	40	-145	181
Prepaid insurance, other current and other assets
-1,275	-1,565	4,880	-649	-1,611	-1,939	3,853	-560	340	-1,044	3,208	-951	-143	-588	2,420	-683	-1,441	-278	488	1,442	-1,733	-1,049	970	-821	651	1,456	-1,551	905	2,505	86	82	156	972	10	-286	-279	939	-68
Accounts payable, accrued and other liabilities
-5,719	-1,596	6,355	-1,874	-749	-470	1,501	8	-923	668	-1,119	52	-1,639	-272	4,227	933	-1,338	-197	-6,090	57	10,051	-2,634	3,407	-732	2,273	2,651	-1,553	310	3,088	2,195	668	-718	3,890	603	1,090	-446	1,578	-78
Acquisition of development rights in New York building
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,325	0	0	0	0	-	-	-	-	-	-	-	-
Cash provided by (used in) operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24	1	-8	-127	-10	-206	1,335	-67	29
Net cash provided by operating activities
1,708	10,273	8,760	7,443	9,519	11,452	3,358	8,334	5,932	8,145	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,224	4,291	2,154	6,765	5,215	5,129	5,300	5,512	2,940
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	5,509	5,521	-	7,386	6,910	4,202	-1,916	5,161	8,027	5,092	6,637	2,201	5,767	5,830	4,215	3,230	4,667	6,248	4,290	2,162	6,892	5,225	5,335	3,965	5,579	2,911
Proceeds from sale of businesses and assets
54	51	2,117	2,240	1,621	1,245	182	-3	0	632	0	98	2,047	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from insurance
13	932	-	-	-	-	0	0	0	20	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	500	-	-	-	-	-	-	-	-
Proceeds from notes receivable
46	357	51	39	36	32	29	30	40	28	29	23	35	20	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for property and equipment and intangible assets
1,265	4,058	3,807	2,999	6,607	7,295	6,436	9,816	6,242	2,769	2,201	3,368	2,672	3,008	10,572	4,015	12,672	889	15,292	1,098	2,077	792	4,212	3,624	2,585	5,613	4,178	2,221	838	2,438	1,809	340	3,572	1,177	4,441	3,612	2,824	656
Proceeds from sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	505
Acquisition of businesses, net of cash acquired
-	-	0	0	0	13,500	-	-	-	-	-	-	-	-	-	-	-	-	111	973	1,044	200	0	0	0	500	-1,855	645	3,000	0	3,448	0	1,054	380	2,314	817	1,150	0
Cash used in investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-9	-10	-2
Net cash used in investing activities
-1,152	-2,718	-1,539	-720	-5,370	-19,518	-7,775	-10,273	-6,202	-2,089	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,755	-6,438	-3,984	-1,163
CASH FLOWS FROM FINANCING ACTIVITIES
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-590	-2,988	-	-4,015	-12,044	-889	-15,403	-2,071	-3,121	-992	-3,997	-3,401	-2,585	-11,438	-2,783	-2,866	-3,838	-1,938	-	-	-4,626	-1,557	-4,755	-6,429	-3,974	-1,161
Proceeds from long-term debt
562	318	1,181	2,034	4,644	5,652	11,846	9,934	3,533	58,920	1,279	8,556	664	1,900	14,897	1,635	10,961	4,556	13,326	-1	1	4,957	0	0	0	7,025	2,498	2,500	4,500	0	-	-	-	-	-	-	-	-
Purchase of put options and payments on derivative instrument
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	789	556
Payments on long-term debt
2,016	2,081	4,290	5,347	8,008	5,279	2,386	6,926	2,262	61,256	2,241	4,660	4,027	2,152	9,433	2,173	2,897	4,656	2,663	1,682	3,523	4,711	2,574	1,564	2,568	1,767	2,122	2,461	2,356	2,402	1,993	3,556	1,463	1,394	2,060	3,028	1,154	613
Purchase of put options and payments on derivative instrument
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	1	64	74	404	447	1,598	-554	-	-	-	-
Purchase of treasury stock
2,047	6,441	537	403	1,606	355	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-2	1,101	-	1,077	1,909	2,795	0	371	840	1,085	1,150	0	0	0	145	549	524	405	716	654	305	417	1,129	743	501	894
Payment of dividends
368	279	385	285	291	291	292	293	291	292	293	293	294	290	271	295	296	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of loan origination costs
-	-	-	-	-	-	178	51	110	799	612	24	0	99	624	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution to noncontrolling interests
21	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt prepayment penalty
-	-	-	-	-	-	0	0	0	543	0	0	75	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution to noncontrolling interests
-	-	-	-	-	-	18	54	54	54	53	54	54	54	55	54	54	54	54	54	54	54	54	54	54	54	54	54	54	54	53	54	54	54	54	54	54	54
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-3,784	-1,796	-	-1,964	5,805	-2,949	10,609	-2,021	-4,416	-893	-3,778	664	-1,778	5,204	178	-565	1,502	-2,935	-3,166	-4,571	-1,412	-2,419	-	-	-	-
Net cash used in financing activities
-3,890	-8,493	-4,080	-4,022	-5,281	-273	8,972	2,610	816	-4,024	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,498	-2,117
NET DECREASE IN CASH AND CASH EQUIVALENTS
-3,334	-938	3,141	2,701	-1,132	-8,339	4,555	671	546	2,032	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	-	-	-	-	-2,382	1,135	737	865	1,407	671	364	-6,710	1,069	490	3,207	-1,138	-536	1,404	-404	1,610	-201	2,355	1,351	-4,132	-2,012	727	1,239	-2,653	-4,938	-970	-340
CASH PAID DURING PERIOD FOR:
Interest (net of amounts capitalized of $155 and $324, respectively)
2,468	2,423	2,028	2,596	2,828	2,345	2,517	2,202	2,076	2,890	2,569	1,990	1,868	1,920	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
1,846	259	1,859	1,508	76	243	2,569	1,360	1,746	157	1,926	2,097	-312	385	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,844	1,977	1,919	-	1,609	1,455	1,623	12,933	-2,243	-1,641	-1,734	11,312	-1,619	-1,569	-1,565	-6,697	1,029	975	861	-6,725	716	742	1,217
Income taxes (net of refund of $1,017 and $0, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	192	0	97	-	1,153	0	1,724	6,506	-2,078	0	-475	8,322	-2,294	-1,095	0	-977	-2,154	562	0	-4,974	162	533	1,666
Noncash investing and financing transactions:
Refinancing of long term debt by borrowing
-	-	-	-	-	-	-	-	-	-	-	0	0	8,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowing
-	-	-	-	-	-	-	-	-	-	-	0	0	9,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash proceeds from borrowing for refinance
-	-	-	-	-	-	-	-	-	-	-	0	0	1,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Number of common shares purchased and retired
-	-	-	-	-	-	-	-	-	-	-	-	-	89,685	-	819	719	282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of common shares purchased and retired
-	-	-	-	-	-	-	-	-	-	-	0	0	1,100	-	-	-	2,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable received as proceeds from sale of assets
-	-	-	-	0	625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use assets established upon adoption of ASC 842
0	27,310	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent liabilities reclassified upon adoption of ASC 842
0	1,241	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities established upon adoption of ASC 842
0	28,551	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain on marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refinanced long-term debt
-	-	-	-	-	-	-72,846	0	0	81,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
New note and repaid worth of debt
-	-	-	-	-	-	-	0	0	18,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowed from lender to purchase an aircraft
-	-	-	-	-	-	-	0	0	7,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unpaid liabilities on capital expenditures
-232	253	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings from certain investors
-	-	-	0	0	2,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exchange of notes payable one principal balance
-	-	-	0	0	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exchange of notes payable two principal balance
-	-	-	0	0	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amount of new notes payable one
-	-	-	0	0	450	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amount of new notes payable two
-	-	-	0	0	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Entire transaction cash received
-	-	-	0	0	1,950	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total acquisition price of two clubs acquired
-	-	-	0	0	25,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of two clubs acquired
-	-	-	0	0	13,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total amount of executing three-seller financed notes
-	-	-	0	0	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-