Sabre Corp SABR Cash Flow

Sabre corp (SABR)

CashFlow / TTM

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
Operating Activities
Net (loss) income
-107,113	162,546	237,340	247,299	311,180	342,660	340,587	358,340	259,641	247,644	189,878	139,444	217,915	246,939	351,649	486,803	446,991	548,963	465,506	325,773	282,293	71,955	52,479	21,282	-84,548	-97,631	0	0	0
Adjustments to reconcile net (loss) income to cash provided by operating activities:
Depreciation and amortization
407,039	414,621	417,698	416,815	414,911	413,344	412,693	407,003	397,077	400,871	405,759	417,947	423,373	413,986	400,582	379,589	357,702	351,480	323,468	303,910	298,057	289,630	277,777	285,465	289,293	287,038	0	0	0
Deferred income taxes
-50,725	-22,925	-57,786	-28,579	8,754	43,099	114,683	122,419	48,877	48,760	-9,882	-26,982	37,994	48,454	100,499	119,783	100,593	97,225	24,621	21,345	16,592	-3,829	29,536	5,974	5,596	13,941	0	0	0
Allowance for credit losses
51,552	20,563	17,062	18,210	10,723	7,749	9,013	7,255	9,379	9,459	9,214	9,792	9,071	10,567	11,045	9,360	9,175	8,558	11,185	12,543	12,295	10,356	3,511	1,789	3,881	5,178	0	0	0
Acquisition termination fee
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of upfront incentive consideration
82,020	82,935	80,123	77,479	77,294	77,622	74,437	74,235	70,735	67,411	62,650	61,784	59,519	55,724	55,318	47,704	44,686	43,521	43,756	44,619	45,483	45,358	41,090	40,087	38,097	36,649	0	0	0
Stock-based compensation expense
68,883	67,000	66,638	64,789	60,088	57,000	52,032	48,442	49,572	45,000	46,925	48,183	46,269	48,524	42,655	36,946	31,466	29,971	29,573	27,734	25,289	20,094	11,790	9,111	4,262	3,387	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-633	-633	-1,645	-1,645	-1,012	-1,012	-3,683	-3,683	-3,683	0	0	0	-	-	-	-	-33,538	-33,538	-33,538	-2,980	-12,181	0	0	0
Litigation-related credits
-	-	-	-	-	-	-	-	-	-	-	-	-	25,527	37,331	53,968	67,213	60,998	84,734	62,614	53,302	41,672	4,093	7,537	-960	-8,156	0	0	0
Other
-230	2,777	-8,194	-5,027	-7,790	-2,349	7,750	8,024	16,688	13,284	951	-1,321	-4,365	-5,426	-2,871	-919	-1,609	3,556	14,873	5,482	2,842	6,023	7,437	7,636	1,962	-4,653	0	0	0
Loss from discontinued operations
-2,440	-1,766	-2,176	2,084	1,494	1,739	3,513	-680	-2,662	-1,932	-7,537	-7,402	-8,278	5,549	111,767	166,053	168,847	314,408	219,233	161,395	144,049	-38,918	-173,454	-166,493	-162,736	-149,697	0	0	0
Debt modification costs
-	-	-	-	-	1,558	31,074	28,046	28,046	14,758	0	0	0	-	-	-	-	-	-	-	-	-	-	3,290	3,290	14,003	0	0	0
Dividends received from equity method investments
2,008	1,352	1,570	1,594	1,542	1,411	1,193	1,173	1,953	1,088	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
3,972	3,972	3,972	3,972	3,971	3,981	3,995	4,278	4,451	5,923	7,789	9,359	10,140	9,611	8,604	7,470	7,169	6,759	6,430	6,254	6,170	6,316	6,560	6,710	7,115	7,104	0	0	0
Equity method loss (income)
825	2,044	2,074	1,380	1,918	2,556	3,267	3,291	2,853	2,580	2,304	2,665	2,915	2,780	2,888	2,542	7,086	14,842	16,913	19,408	18,160	12,082	13,844	12,818	12,045	12,350	0	0	0
Changes in operating assets and liabilities:
Accounts and other receivables
-182,023	33,911	-1,582	66,285	51,523	45,586	34,618	65,845	78,957	108,596	130,064	55,311	57,643	12,949	-4,052	25,242	-7,127	-10,662	-968	29,432	37,110	7,295	49,334	-28,316	-30,210	23,169	0	0	0
Prepaid expenses and other current assets
-15,454	-1,145	-1,754	-585	18,549	-14,362	-3,008	-11,320	-24,292	-109	-8,217	-2,111	18,471	11,809	38,012	27,978	18,906	13,255	-8,476	-760	2,343	-6,948	7,242	4,621	-1,238	3,649	0	0	0
Capitalized implementation costs
22,441	28,588	29,684	32,773	35,303	39,168	42,579	50,919	55,154	60,766	66,796	71,581	80,544	83,405	78,317	77,089	69,012	63,382	60,362	49,775	44,485	37,811	37,219	37,748	44,438	58,814	0	0	0
Upfront incentive consideration
71,961	71,447	86,017	80,508	85,088	88,735	100,906	100,499	94,461	94,296	76,505	60,734	73,208	70,702	72,385	87,744	80,015	63,510	65,712	47,994	40,209	50,936	53,568	55,819	53,842	48,569	0	0	0
Other assets
-28,819	-38,795	-2,150	14,902	1,713	29,607	19,143	6,771	6,960	21,111	5,651	20,367	11,151	2,799	29,539	36,894	67,299	66,873	73,786	110,681	79,352	78,873	53,800	48,852	57,040	56,663	0	0	0
Accrued compensation and related benefits
6,026	-17,469	-9,609	-8,036	-8,669	-15,044	-27,431	-31,815	-11,841	6,038	26,469	35,601	-1,068	2,768	-13,566	15,407	13,775	18,268	10,745	4,392	-2,090	-5,301	-3,741	5,003	8,918	9,372	0	0	0
Accounts payable and other accrued liabilities
-160,182	-27,232	7,574	38,945	5,998	-27,080	13,824	16,735	96,521	67,034	101,807	85,526	70,140	56,787	-43,409	-40,355	4,384	8,721	83,028	99,615	87,223	52,128	-97,978	-134,991	-145,341	-17,854	0	0	0
Deferred revenue including upfront solution fees
8,236	-12,481	-38,421	5,390	-5,924	8,127	25,195	5,825	-8,861	13,861	37,258	26,333	35,409	22,663	10,481	13,248	5,117	9,390	10,737	15,878	37,147	38,643	0	0	0	-	-	-	-
Cash provided by operating activities
469,691	581,260	612,969	640,619	681,605	724,797	758,320	741,996	750,190	678,033	722,772	713,492	682,270	699,400	572,031	524,992	537,599	529,207	491,825	451,202	425,110	387,659	261,714	261,632	230,171	228,232	0	0	0
Investing Activities
Additions to property and equipment
105,739	115,166	170,400	219,250	257,105	283,940	279,289	280,912	292,817	316,436	316,226	330,464	340,493	327,647	337,858	323,327	300,257	286,697	276,086	248,720	239,481	227,227	194,991	204,506	206,480	209,523	0	0	0
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	164,120	165,243	607,321	601,012	442,344	0	0	0	-	-	-	-	-	-	-	-
Other investing activities
24,811	20,398	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	0	0
Cash used in investing activities
-238,012	-243,026	-178,077	-219,536	-248,424	-275,259	-280,237	-282,001	-293,906	-317,525	-270,047	-283,648	-299,986	-445,808	-503,249	-930,796	-901,417	-729,041	-717,519	-280,371	-270,897	-258,791	-236,556	-241,272	-236,777	-239,999	0	0	0
Financing Activities
Proceeds of borrowings from lenders
0	-	-	-	0	-	-	-	-	1,897,625	1,897,625	2,574,625	2,791,625	1,055,000	1,555,000	1,030,000	1,413,000	1,252,000	752,000	600,000	0	148,307	148,307	498,307	498,307	2,540,063	0	0	0
Payments on Tax Receivable Agreement
100,650	101,482	101,482	101,482	72,790	58,908	58,908	58,908	58,908	99,241	99,241	99,241	99,241	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid to common stockholders
153,950	154,000	153,628	153,947	154,034	154,000	154,083	154,119	154,621	155,000	152,471	150,229	147,338	144,355	133,400	121,737	110,161	98,596	0	0	0	-	-	-	-	-	-	-	-
Payments on borrowings from lenders
113,685	106,560	99,435	47,310	47,310	47,310	47,334	47,358	47,781	1,880,506	1,874,236	2,370,875	2,612,125	999,868	1,235,587	955,388	1,187,489	960,807	725,143	502,453	638,431	802,664	818,551	833,579	232,704	2,261,061	0	0	0
Net payments on the settlement of equity-based awards
-4,094	-5,736	-6,456	-6,597	-9,599	2,040	3,939	4,901	15,333	12,647	21,699	31,919	31,458	27,344	24,480	33,983	35,630	47,414	51,478	32,698	24,369	13,809	0	0	0	-	-	-	-
Debt issuance and modification costs
-	-	-	-	-	1,567	1,567	8,239	10,564	19,052	19,052	23,757	21,432	11,377	0	0	0	-	-	-	-	30,490	30,490	32,407	6,041	19,116	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other financing activities
-9,884	-9,799	-11,804	-11,027	-9,703	-20,400	-12,729	-19,241	-13,907	-4,292	-20,967	-18,232	-18,318	-16,769	-2,134	8,948	4,987	4,577	7,590	167	2,796	1,860	3,169	2,391	-346	232	0	0	0
Repurchase of common stock
45,490	77,636	78,000	78,000	58,427	26,281	37,710	113,168	97,560	109,100	197,671	122,213	111,540	100,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by (used in) financing activities
-7,261	-409,721	-405,521	-397,956	-342,349	-306,506	-308,253	-395,993	-377,463	-356,780	-444,314	-178,003	-186,911	-190,025	85,752	-115,423	4,523	93,144	-51,916	-34,133	-65,624	-71,945	-71,829	308,760	259,637	262,172	0	0	0
Cash Flows from Discontinued Operations
Cash used in operating activities
-3,332	-2,383	-4,771	-27	-804	-1,895	-579	-5,132	-4,141	-4,848	-7,348	-9,851	-17,444	-19,478	-14,622	13,865	14,512	236	-17,094	-80,601	-188,159	-205,988	-281,294	-260,858	-122,894	-85,140	0	0	0
Cash provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	278,834	278,773	277,109	279,046	-1,965	-8,413	-6,749	3,015	13,993	0	0	0
Cash used in discontinued operations
-3,332	-2,383	-4,771	-27	-804	-1,895	-579	-5,132	-4,141	-4,848	-7,348	-9,851	-17,444	-19,478	-14,622	13,865	14,512	279,070	261,679	196,508	90,887	-207,953	-289,707	-267,607	-119,879	-71,147	0	0	0
Effect of exchange rate changes on cash and cash equivalents
3,899	781	4,507	3,745	8,356	6,747	6,802	4,437	-1,216	-1,613	-4,799	-3,606	-1,992	-1,107	-603	-2,359	-2,072	-6,927	-9,121	-7,553	-7,275	-1,527	2,537	4,855	2,971	2,283	0	0	0
Increase (decrease) in cash and cash equivalents
224,985	-73,089	29,107	26,845	98,384	147,884	176,053	63,307	73,464	-2,733	-3,736	238,384	175,937	42,982	139,309	-509,721	-346,855	165,453	-25,052	325,653	172,201	-152,557	-333,841	66,368	136,123	181,541	0	0	0