Surgery Partners, Inc. SGRY Cash Flow

Surgery partners, inc. (SGRY)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Aug'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15
Cash flows from operating activities:
Net (loss) income
33,200	45,100	-84,600	-93,400	-97,200	-95,600	9,800	12,051	19,378	28,700	0	0	89,148	-	83,077	82,527	72,714	72,845	0	0	0
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization
79,500	76,500	74,300	72,900	70,500	67,400	71,200	61,775	56,492	51,900	0	0	41,091	-	37,991	36,889	35,651	34,545	0	0	0
Non-cash interest expense (income), net
-4,100	-2,500	-200	600	1,600	1,400	1,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs, discounts and premium
-	-	-	-	-	-	-	-	-	-	-	0	7,628	-	6,592	6,309	6,060	6,263	0	0	0
Amortization of unfavorable lease liability
-	-	-	-	-	-	-	-	-	-	-	0	404	-	431	431	431	431	0	0	0
Equity-based compensation expense
11,800	10,200	10,600	9,400	9,200	9,300	8,200	8,331	6,966	5,600	0	0	2,522	-	7,549	7,284	7,209	7,502	0	0	0
Loss on disposals and deconsolidations, net
1,500	4,400	-8,900	-21,000	-32,400	-31,800	-15,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-8,300	8,500	19,900	23,500	25,200	25,300	80,500	54,206	51,894	52,300	0	0	7,203	-	-155,407	-149,631	-150,123	-149,891	0	0	0
Income from equity investments, net of distributions received
-600	-300	-900	-500	-100	-200	-500	-513	-1,639	-1,200	0	0	613	-	365	1,788	1,172	543	0	0	0
Non-cash lease expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-18,200	0	0	-3,595	-	-27,978	-24,383	-24,383	-16,102	0	0	0
Non-cash lease expense
-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal or impairment of long-lived assets, net
-	-	-	-	-	-	-	-	-	-	-	0	-3,757	-	-1,122	-1,711	2,526	2,097	0	0	0
Gain on legal settlements
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) On Amendment To Tax Receivable Agreement
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Tax receivable agreement benefit
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts (see Note 1)
-	-	-	-	-	-	-	-	-	28,800	0	0	26,014	-	23,460	20,786	22,265	23,578	0	0	0
Changes in operating assets and liabilities, net of acquisitions and divestitures:
Accounts receivable
21,400	23,500	17,200	28,700	23,500	22,800	29,400	4,201	5,167	22,700	0	0	51,509	-	52,725	54,458	48,929	48,783	0	0	0
Other operating assets and liabilities
18,700	45,300	-21,700	-11,900	-35,500	-56,000	-20,000	-13,130	8,836	-1,500	0	0	-15,677	-	-13,526	-32,999	-14,158	-4,439	0	0	0
Net cash provided by operating activities
138,200	129,500	149,600	122,200	135,100	144,600	152,300	134,029	116,030	120,900	0	0	134,865	-	117,052	127,532	100,211	84,481	0	0	0
Cash flows from investing activities:
Purchases of property and equipment
73,600	73,600	63,400	55,700	41,600	39,800	37,400	30,398	33,250	29,600	0	0	33,655	-	43,701	42,243	39,782	33,439	0	0	0
Payments for acquisitions, net of cash acquired
11,700	13,800	65,400	72,100	88,800	106,800	84,400	788,837	780,425	755,100	0	0	139,631	-	206,052	213,550	111,543	112,596	0	0	0
Proceeds from disposals of facilities and other assets
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equity investments
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposals of facilities and other assets
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from divestitures
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	11,193	0	0	0
Other investing activities
-200	200	-1,100	600	900	1,500	2,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-74,500	-85,200	-124,100	-117,000	-110,900	-128,900	-105,400	-809,005	-813,175	-783,400	0	0	-172,521	-	-249,753	-255,467	-148,499	-134,842	0	0	0
Cash flows from financing activities:
Principal payments on long-term debt
530,700	490,800	498,800	535,000	154,200	157,600	113,500	1,114,836	1,153,573	1,182,800	0	0	122,818	-	718,825	723,403	716,018	328,329	0	0	0
Borrowings of long-term debt
662,900	506,900	662,400	700,200	284,700	282,700	63,200	1,708,022	1,783,208	1,806,400	0	0	173,031	-	691,879	700,135	693,510	196,366	0	0	0
Payments of debt issuance costs
-	-	-	-	-	-	-	-	-	58,600	0	0	2,387	-	14,296	12,555	11,909	0	0	0	0
Penalty on prepayment of debt
-	-	-	-	-	-	-	-	-	0	0	0	0	-	4,900	4,900	4,900	0	0	0	0
Distributions to non-controlling interest holders
111,400	121,200	118,400	114,100	111,900	109,000	113,600	102,759	95,438	83,800	0	0	67,527	-	67,968	69,706	71,174	69,720	0	0	0
(Payments) receipts related to ownership transactions with non-controlling interest holders
-5,100	-3,200	-6,300	-900	100	-2,200	500	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Receipts related to ownership transactions with consolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Proceeds from preferred stock issuance
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Payments of stock issuance costs
-	-	-	-	-	-	-	-	-	0	-	-	0	-	-	-	0	-	-	-	-
Payments of preferred dividends
-	-	-	-	-	7,800	9,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Repurchase of shares
-	-	-	-	-	2,000	4,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Payments related to ownership transactions with consolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other financing activities
-600	-900	-2,600	-4,500	-6,300	-7,400	-5,500	-4,642	-3,314	-1,400	0	0	0	-	-	0	0	-	-	0	0
Net cash provided by (used in) financing activities
-11,600	-135,900	6,700	16,100	5,500	-6,300	-182,000	714,041	753,978	767,700	0	0	-41,425	-	131,062	131,627	126,891	33,374	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
52,100	-91,600	32,200	21,300	29,700	9,400	-135,100	39,065	56,833	105,200	0	0	-79,081	-	-1,639	3,692	78,603	-16,987	0	0	0
Interest paid, net of interest income received
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Non-cash purchases of property and equipment
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-