SEI INVESTMENTS COMPANY SEIC Cash Flow

Sei investments company (SEIC)

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
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
501,426	505,868	404,389	333,817	331,655	318,713	288,474	208,034	206,650	233,320	272,432	267,527
Depreciation, Nonproduction
29,436	28,792	27,311	26,440	24,044	22,448	22,497	22,586	21,471	21,902	21,531	22,032
Amortization
51,419	48,895	48,275	45,392	42,630	38,679	34,602	33,258	27,288	24,048	44,608	24,927
Income (Loss) from Equity Method Investments
151,891	159,791	152,550	126,103	137,057	127,786	118,076	98,671	105,818	99,457	0	0
Proceeds from Equity Method Investment, Distribution
136,820	166,941	143,517	125,224	141,767	137,866	137,104	92,227	109,273	72,060	0	0
Payments to partners of LSV
-	-	-	-	-	-	-	-	-	-	87,337	144,399
Share-based Payment Arrangement, Expense
24,582	23,805	36,366	16,017	17,312	13,463	37,865	15,736	14,112	26,783	14,503	16,010
Provision for losses on receivables
483	23	172	-126	-135	133	-154	-119	-271	-1,004	692	-376
Deferred income tax (benefit) expense
3,414	-5,998	21,046	-4,794	1,394	3,330	22,825	1,191	-1,001	6,461	-67,265	-34,727
Net (gain) loss from investments
3,174	-325	1,269	112	-456	614	659	14,067	3,360	-48,533	-178,007	-7,196
Change in long-term taxes payable
0	-9,826	10,629	0	0	-	-	-	-	-	-	-
Change in other long-term liabilities
-163	145	-2,265	3,248	1,070	1,720	1,575	-1,244	2,631	-81	-1,659	-7,828
Change in other assets
1,791	-4,785	-1,489	1,917	-783	5,886	-600	619	-315	-379	-197	1,422
Contract costs capitalized, net
6,984	5,366	0	0	-	-	-	-	-	-	-	-
Gain from sale of SEI AK
-	-	-	2,791	2,791	5,582	22,112	0	0	-	-	-
Tax benefit on stock options exercised
-	-	-	-8,984	-16,056	20,435	11,825	583	1,434	1,877	5,725	7,472
Write off of capitalized and purchased software
-	-	-	-	-6,055	0	0	-	-	-	-	-
Capitalized interest
-	-	-	-	-	-	-	-	-	-	-	-5,577
Other-than-temporary declines in market value
-	-	-	-	-	-	-	-	-	-	901	1,961
Other
-620	294	2,186	-390	2,440	2,439	3,972	-6,680	3,148	2,852	-3,508	-25,210
Change in current assets and liabilities:
Decrease (increase) in:
Receivables from investment products
4,296	-6,797	-5,095	-	-	-	-	-	-	-	-	-
Decrease (increase) in Restricted cash for broker-dealer operations
-	-	-	-	-	-	-500	0	0	-16,000	0	0
Receivables from regulated investment companies
-	-	-	-	-	-	-	-	-	-	230	-9,834
Decrease (increase) in Receivables from investment products
-	-	-	13,663	-295	9,029	8,280	5,284	-3,482	1,148	3,885	-56,527
Receivables
25,505	32,652	52,726	4,807	28,469	7,888	17,513	30,852	11,474	11,032	-	-
Other current assets
-3,334	5,518	3,583	1,368	8,014	2,027	-1,971	282	1,689	1,101	-	-
Increase (decrease) in:
Accounts payable
-6,497	5,652	-909	1,455	-5,441	-6,283	5,000	9,249	-2,583	1,734	-9,457	3,618
Capital Support Agreements
-	-	-	-	-	-	-	-	-	-	-173,983	148,861
Payable to regulated investment companies
-	-	-	-	-	-	-	-	-	-	-97	-504
Accrued liabilities
-4,896	13,079	20,992	18,851	10,498	12,873	15,102	21,627	-1,340	-13,847	15,367	-54,200
Deferred revenue
2,031	313	1,180	495	636	-228	-475	422	422	748	-670	478
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities
43,696	82,533	55,514	100,403	75,861	56,090	62,750	49,456	50,312	-3,994	73,039	17,201
Net cash provided by operating activities
545,122	588,401	459,903	434,220	407,516	374,803	351,224	257,490	256,962	229,326	345,471	284,728
Cash flows from investing activities:
Decrease in restricted cash
-	-	-	-	-301	301	0	0	2,000	0	6,000	3,750
Additions to property and equipment
43,097	29,095	25,525	31,397	44,465	28,469	16,351	23,070	12,271	13,611	19,272	26,326
Additions to capitalized software
34,074	44,221	61,043	50,392	29,416	34,877	39,500	31,004	40,954	38,729	43,944	51,976
Purchases of marketable securities
174,997	203,460	69,525	73,193	52,538	56,754	57,560	33,662	73,960	39,085	322,528	61,648
Prepayments and maturities of marketable securities
171,399	167,876	65,830	54,141	38,551	38,973	40,257	53,352	61,582	58,174	-32,002	-33,779
Proceeds from Sale and Maturity of Marketable Securities
51	0	0	15,152	7,761	24,461	7,317	54,830	38,247	28,859	20,830	-26,924
Cash paid for acquisition, net of cash acquired
0	5,794	80,234	0	0	-	-	-	-	-	-	-
Purchases of other investments
-	-	-	-	-	-	-	-	7,500	0	0	-
Sales of other investments
-	-	-	-	-	-	-	-	4,906	0	0	-
Receipt of contingent payment from sale of SEI AK
-	-	-	2,791	2,791	5,582	6,028	0	0	-	-	-
Other investing activities
-2,538	8,676	1,805	-1,313	1,000	2,000	2,604	3,819	-	-	-	-
Cash paid for purchase of joint venture
-	-	-	-	-	-	-	-	-	-	-	3,302
LSV and LSV Employee Group cash balances, net (A)
-	-	-	-	-	-	-	-	-	37,083	0	0
Net cash used in investing activities
-78,180	-123,370	-172,302	-81,585	-78,015	-53,385	-62,413	16,627	-31,950	-41,475	-338,912	-86,299
Cash flows from financing activities:
Payment of contingent consideration
433	0	0	-	-	-	-	-	-	-	-	-
Repayments under revolving credit facility
0	30,000	10,000	0	0	-	-	-	-	-	-	-
Borrowings under revolving credit facility
0	0	40,000	0	0	-	-	-	-	-	-	-
Payments on long-term debt
-	-	-	-	-	-	-	-	95,000	138,000	31,980	20,439
Proceeds from borrowings on long-term debt
-	-	-	-	-	-	-	-	-	-	254,000	0
Purchase and retirement of common stock
346,352	407,384	248,339	292,258	291,374	275,788	206,577	157,543	208,932	119,775	53,136	129,251
Proceeds from issuance of common stock
60,910	87,982	53,568	48,272	65,543	104,897	66,367	49,439	24,221	28,096	23,664	28,457
Payment of dividends
100,745	94,318	88,862	84,686	80,030	74,294	34,400	135,335	22,041	54,634	30,598	28,946
Net cash used in financing activities
-386,620	-443,720	-253,633	-328,672	-305,861	-224,750	-162,785	-242,856	-300,318	-282,436	167,675	-142,707
Effect of exchange rate changes on cash, cash equivalents and restricted cash
6,186	-11,024	14,583	-9,923	-11,425	-7,495	0	0	-	-	-	-
Net decrease in cash, cash equivalents and restricted cash
86,508	10,287	48,551	14,040	12,215	89,173	126,026	31,261	-75,306	-94,585	174,234	55,722
Interest paid
493	806	699	531	460	458	458	367	559	1,488	4,676	3,629
Income taxes paid
139,326	110,203	165,049	157,255	159,605	151,250	163,834	113,160	116,483	145,553	9,052	126,269
Non-cash operating activities:
Operating lease right-of-use assets and net lease liabilities recorded upon adoption of ASC 842
44,169	-	-	-	-	-	-	-	-	-	-	-