SERVICE CORPORATION INTERNATIONAL SCI Cash Flow

Service corporation international (SCI)

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income
372,559	369,771	415,834	413,955	444,723	447,558	501,717	488,865	454,146	546,847	365,869	357,269	304,600	177,305	183,338	183,724	220,923	234,934	250,433	220,191	198,880	178,806	122,893	132,602	135,257	152,588	148,235	162,638	165,841	155,434	172,301	165,519	154,618	146,232	138,451	122,116	135,605	127,001	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,186	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt, net
-16,776	-16,637	-16,637	-7,579	0	-10,131	-10,405	-10,405	-10,405	-274	0	-24	-21,922	-22,503	-22,503	-29,397	-7,499	-6,918	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-3,509	0	0	0	-	-	-	-
Depreciation and amortization
151,786	151,000	148,820	149,875	151,845	153,700	156,955	155,714	154,038	153,100	151,343	150,166	149,442	147,233	147,171	145,079	143,249	141,456	138,720	138,306	138,023	140,002	135,642	131,769	127,808	122,235	122,204	121,812	120,768	119,862	119,033	118,198	118,257	118,047	117,078	117,008	117,043	116,391	0	0	0
Amortization of intangibles
23,840	25,649	25,399	26,203	26,158	26,195	26,897	27,244	27,909	27,650	29,669	29,615	30,133	30,956	30,133	30,868	30,976	31,459	32,384	33,277	34,710	36,640	33,032	29,793	26,131	21,859	22,522	23,108	23,512	23,853	24,044	25,076	25,386	25,591	25,878	25,733	25,915	25,197	0	0	0
Amortization of cemetery property
68,531	70,330	69,779	72,350	71,538	68,640	69,078	67,319	67,046	68,102	70,705	69,504	67,027	66,745	64,558	64,217	64,374	62,407	59,384	60,676	60,732	60,439	57,785	54,546	50,708	48,344	45,484	43,560	44,382	44,976	43,685	43,376	40,115	40,046	36,869	35,726	35,484	32,418	0	0	0
Amortization of loan costs
5,337	5,681	5,938	6,031	6,161	6,059	6,046	5,995	5,944	5,859	5,764	5,703	5,644	5,826	6,619	7,573	8,627	9,434	9,610	9,642	9,403	8,825	18,382	17,505	16,552	15,943	5,267	4,985	4,946	4,905	4,812	4,477	4,446	4,436	4,302	4,345	4,189	4,266	0	0	0
Provision for expected credit losses
10,426	9,146	8,736	8,151	8,131	8,372	9,656	9,930	9,654	9,980	13,574	13,466	12,722	10,776	5,468	4,506	3,931	6,083	5,897	6,266	7,911	7,376	8,778	9,283	8,309	7,874	8,142	7,798	8,583	9,705	9,621	10,256	10,160	9,251	10,449	10,549	10,057	8,155	0	0	0
Provision for deferred income taxes
24,771	23,030	-48,635	-57,400	-37,295	-41,479	-143,882	-142,715	-169,945	-317,838	-129,554	-142,766	-140,804	7,490	-7,134	23,658	23,381	18,048	83,818	94,721	112,923	129,671	75,538	56,089	55,698	71,708	70,041	73,855	79,340	71,685	83,902	71,812	65,612	66,512	77,699	79,147	81,888	76,934	0	0	0
(Gains) losses on divestitures and impairment charges, net
-26,496	-32,919	14,564	5,115	-17,329	-15,933	-16,787	-8,674	-2,562	-7,015	-9,158	-9,857	21,537	26,819	27,313	17,105	-7,954	-6,522	-61,264	-77,070	-117,646	-116,613	-58,022	-32,433	8,106	6,263	7,927	8,593	1,990	1,511	-5,170	146	11,047	10,977	12,583	14,873	-8,572	-8,512	0	0	0
Share-based compensation
13,867	15,029	15,449	16,095	16,495	15,626	15,809	14,687	14,854	14,788	14,576	15,127	14,622	14,056	13,325	13,133	12,887	13,843	14,102	13,988	14,020	13,127	12,780	12,498	12,225	11,925	11,653	11,864	11,239	10,983	10,518	9,571	9,465	9,144	9,007	8,875	8,807	8,878	0	0	0
Excess tax benefits from share-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	12,685	12,369	9,389	14,870	18,123	26,662	30,605	28,890	30,123	14,644	6,963	5,972	0	6,083	5,558	772	0	0	0	0	-	-	-	-	-	-	-	-
Change in assets and liabilities, net of effects from acquisitions and divestitures:
Decrease (increase) in receivables
-18,967	-12,711	-2,986	4,521	12,251	-8,052	23,272	29,216	9,112	9,740	13,077	3,958	12,579	14,198	-187	-8,389	-12,698	-464	-118	9,127	17,311	18,644	10,113	346	-828	-11,017	-3,244	9,146	8,291	9,782	20,357	10,660	16,863	7,840	7,771	19,289	3,725	14,561	0	0	0
Decrease (increase) in other assets
-25,649	-23,018	8,062	12,822	11,309	4,814	17,790	17,173	15,910	14,353	-14,617	-16,528	-16,045	-22,771	4,576	-1,646	1,839	-2,457	-1,205	-10,577	4,133	11,013	12,988	32,324	9,919	14,815	15,242	4,203	7,431	6,901	2,076	-2,938	-77	-6,815	-6,257	6,315	-3,496	-2,603	0	0	0
(Decrease) increase in payables and other liabilities
-32,589	1,788	-29,843	-34,030	-7,640	-16,699	12,429	29,131	15,653	81,763	76,778	63,872	78,422	47,888	18,586	-14,534	21,782	20,567	-10,931	12,457	36,165	-12,038	11,770	14,877	-7,566	-1,995	44,411	46,659	46,463	26,360	13,425	4,193	8,176	14,610	16,495	6,982	5,850	16,374	0	0	0
Decrease (increase) in preneed receivables, net and trust investments
10,973	-16,144	17,165	33,707	57,366	55,607	42,750	22,628	44,009	63,994	83,188	92,743	86,783	73,394	117,803	109,775	58,734	48,120	-21,705	-22,538	-29,838	-30,357	-43,989	-43,097	-48,189	-47,648	-36,364	-38,864	-35,013	-37,341	-61,077	-68,397	-74,511	-74,206	-62,817	-46,693	-35,905	-45,988	0	0	0
Increase in deferred revenue, net
111,092	67,792	-40,754	-27,104	-41,847	-28,005	-37,073	-51,179	-24,331	-31,182	-4,236	-20,204	-58,775	-34,775	-125,214	-103,828	-59,831	-67,159	-11,599	-3,143	15,377	23,069	24,237	17,426	6,223	9,260	20,672	26,222	37,493	41,228	31,759	16,887	20,495	32,158	41,284	43,049	30,508	14,778	0	0	0
Decrease in deferred receipts held in trust
-62,064	-42,306	25,380	26,581	35,510	19,290	32,834	41,209	15,766	23,274	11,497	18,242	19,577	25,831	32,069	30,462	52,644	64,119	70,355	67,685	59,849	52,869	46,843	44,964	51,582	50,990	38,198	35,240	26,464	22,357	35,573	53,605	51,718	50,591	42,285	22,104	26,609	36,322	0	0	0
Increase in preneed cemetery receivables, net and trust investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73,655	-	62,182	40,500	53,376	43,964	61,685	72,982	65,107	73,626	74,325	69,161	76,958	96,837	89,616	99,390	82,363	65,581	71,352	59,150	54,788	53,224	0	0	0
Increase in deferred preneed cemetery revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-60,871	-	-90,656	-73,053	-57,003	-54,049	-28,990	-33,530	-34,294	-30,785	-29,498	-36,134	-20,781	-20,817	-24,636	-24,738	-27,834	-23,636	-29,691	-17,336	-13,494	-10,558	0	0	0
Increase in deferred preneed cemetery receipts held in trust
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,249	-	28,665	40,847	25,408	34,664	10,065	5,115	15,604	12,761	8,158	13,588	4,648	587	3,619	-1,834	3,134	9,419	8,424	5,642	5,931	648	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	-806	-1,795	-447	27	-95	1,770	-595	3,684	1,803	384	2,416	-689	1,257	1,908	3,885	1,739	0	0	0
Net cash provided by operating activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	318,355	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
623,851	628,755	635,761	563,347	589,268	615,830	566,155	596,259	526,717	503,372	520,008	485,996	492,386	489,035	434,078	415,207	468,176	472,186	457,752	429,045	378,240	317,355	314,496	328,578	361,472	384,709	415,393	437,811	424,586	369,246	377,086	370,965	375,910	388,112	379,581	343,879	353,429	354,379	0	0	0
Cash flows from investing activities:
Capital expenditures
240,659	239,957	246,775	245,369	240,877	235,545	238,792	232,067	220,592	214,501	203,903	195,581	191,888	193,446	177,449	169,451	164,396	150,986	154,049	151,844	147,880	144,499	128,582	119,556	115,287	112,939	113,888	114,022	114,513	115,322	113,412	113,362	116,615	118,375	116,392	113,360	104,701	97,899	0	0	0
Business acquisitions, net of cash acquired
68,111	55,644	-78,764	41,385	156,200	176,252	176,450	185,901	65,374	64,652	82,568	66,388	106,015	72,859	65,937	57,376	10,698	41,258	45,951	44,487	45,173	15,336	1,059,394	1,061,132	1,057,901	1,057,122	54,725	58,478	64,659	65,463	21,378	43,938	89,861	99,570	114,756	83,473	50,203	299,083	0	0	0
Payments for (Proceeds from) Deposits on Real Estate Acquisitions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from divestitures and sales of property and equipment
80,634	77,074	21,368	30,384	38,621	37,309	49,683	45,357	38,598	52,381	71,357	65,720	61,884	51,813	18,487	19,926	23,035	16,772	38,415	277,758	425,590	424,383	400,439	162,562	14,097	13,219	11,139	8,410	11,547	9,995	18,229	21,626	20,096	24,529	23,202	40,995	71,264	90,835	0	0	0
Payments for (Proceeds from) Other Investing Activities
-	-	-	-	-	14,525	14,525	14,525	-245	-175	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment to Acquire Life Insurance Policy, Investing Activities
4,905	9,026	9,494	11,613	13,405	14,760	15,454	15,913	13,779	7,360	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Life Insurance Policy
3,519	0	2,014	2,014	2,014	4,824	2,811	2,811	4,496	2,592	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net withdrawals of restricted funds and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,120	-5,120	-10,345	-8,066	-8,066	-8,066	-2,841	12,225	12,225	12,225	12,223	-341	-342	-1,040	4,652	3,815	1,613	5,904	-768	-3,159	-953	-4,545	-3,559	-26,437	0	0	0
Net cash used in investing activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	252,323	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by investing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,963	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-277,236	-278,511	-307,536	-284,541	-405,472	-414,621	-401,346	-408,857	-267,925	-242,884	-230,190	-208,316	-249,593	-221,025	-219,779	-201,781	-140,727	-166,419	-152,550	95,804	240,701	257,286	-794,962	-1,030,963	-1,171,966	-1,156,793	-157,592	-163,440	-172,626	-174,954	-118,174	-141,578	-185,612	-190,257	-206,993	-151,293	-80,081	-279,710	0	0	0
Cash flows from financing activities
Proceeds from issuance of long-term debt
1,209,263	1,149,263	1,090,612	880,612	226,349	396,349	2,062,500	2,047,500	1,937,500	1,787,500	145,000	210,000	505,000	1,060,000	1,080,000	1,376,250	1,021,250	446,250	401,250	30,000	660,000	755,000	1,810,000	1,810,000	1,165,000	1,055,000	209,600	214,600	226,600	227,507	37,907	97,907	85,907	85,000	330,000	335,000	335,000	510,000	0	0	0
Early payments of debt
1,055,770	1,164,978	1,164,977	828,121	134,996	259,590	1,377,102	1,377,102	1,377,106	1,117,512	20,524	20,633	315,151	895,634	875,110	1,072,378	777,860	197,377	197,377	-18	595,671	762,764	762,844	762,862	167,173	80	0	0	0	-	-	-	-	43,194	0	0	0	-	-	-	-
Repayments of Unsecured Debt
25,158	25,471	25,439	34,215	34,134	34,134	468,198	460,034	468,721	468,973	35,158	35,149	35,147	36,414	42,681	148,934	155,203	160,220	152,774	125,311	238,053	230,561	222,989	221,886	93,097	90,466	90,054	3,729	5,058	607	21,593	22,058	22,561	22,774	232,834	232,801	232,963	263,063	0	0	0
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	5,232	5,427	11,257	11,060	6,025	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,828	0	0	0
Principal payments on finance leases
42,224	42,627	42,173	42,223	42,697	39,686	40,368	39,957	37,697	51,106	48,408	46,631	46,018	33,119	33,400	30,251	29,377	28,601	27,822	30,146	29,529	29,380	28,674	27,804	27,043	26,280	26,042	25,904	26,144	25,760	25,147	24,687	23,475	23,030	22,684	45,513	45,964	46,214	0	0	0
Proceeds from exercise of stock options
40,086	40,922	45,867	40,316	35,490	24,517	21,420	20,312	23,339	33,611	32,305	29,391	29,790	17,662	17,347	13,882	25,497	31,809	35,258	44,384	33,906	32,376	28,964	16,244	11,130	6,309	5,996	19,452	19,160	18,389	17,880	5,158	7,368	8,227	7,984	7,165	3,917	1,759	0	0	0
Excess tax benefits from share-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	12,685	12,369	9,389	14,870	18,123	26,662	30,605	28,890	30,123	14,644	6,963	5,972	0	6,083	5,558	772	0	0	0	0	-	-	-	-	-	-	-	-
Purchase of Company common stock
238,149	129,589	54,068	78,319	173,356	277,611	326,545	308,439	234,974	199,637	183,755	266,515	256,756	227,928	232,764	274,943	326,713	345,261	418,200	334,244	315,001	242,874	130,162	60,425	1,053	1,708	43,867	83,774	113,368	186,766	195,319	246,358	242,163	197,302	176,597	117,297	146,434	116,878	0	0	0
Payments of dividends
132,996	131,402	129,428	127,299	125,321	123,849	121,041	118,462	115,665	108,750	105,464	102,441	99,527	98,418	97,167	95,678	90,433	87,570	82,559	77,891	74,898	71,517	67,884	63,700	61,611	57,229	67,823	65,890	61,890	60,296	46,244	45,208	46,294	44,795	43,172	41,195	39,445	40,001	0	0	0
Purchase of noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,000	30,000	30,000	30,000	23,333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
PaymentsToAcquireBusinessesIncludiing1031ExchangeFunds
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank overdrafts and other
-6,003	328	3,006	5,950	303	-15,177	-5,673	-796	481	5,959	2,761	-1,736	-4,560	-1,095	498	-1,422	657	-7,531	1,412	-518	-3,451	7,130	2,438	4,132	8,102	336	-148	1,444	1,762	6,199	-3,503	-4,420	-5,159	-798	6,372	9,176	9,711	-2,856	0	0	0
Net cash (used in) provided by financing activities
-266,490	-319,093	-292,137	-198,835	-248,362	-329,181	-267,946	-249,917	-290,362	-136,427	-216,650	-231,797	-214,100	-209,454	-180,371	-237,459	-330,447	-338,478	-419,980	-463,103	-544,307	-537,967	566,918	623,472	772,793	825,115	-226,125	-157,498	-176,677	-231,512	-236,124	-254,723	-284,416	-238,666	-181,019	-215,936	-246,063	-88,186	0	0	0
Change in cash from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,361	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of foreign currency
-5,904	3,885	-1,733	201	-2,360	-5,045	-5,540	-1,171	3,105	5,034	7,382	494	-2,907	1,857	1,693	-3,275	-626	-10,025	-9,516	-3,207	-4,204	-2,284	-936	119	-2,353	-1,001	-774	-1,144	-640	1,287	1,722	-2,315	-2,358	-1,466	-345	4,102	2,548	4,618	0	0	0
Net decrease in cash, cash equivalents, and restricted cash
74,221	35,036	34,355	80,172	-66,926	-133,017	-108,677	-63,686	-28,465	129,095	80,550	46,377	25,786	60,413	35,621	-27,308	-3,624	-42,736	-124,294	58,577	70,468	35,751	86,895	-77,091	-37,946	52,815	32,718	117,183	75,692	-34,884	24,510	-27,651	-96,476	-42,277	-8,776	-19,248	29,833	-8,899	0	0	0