Sequential brands group, inc. (SQBG)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash flows from operating activities
Loss from continuing oerations

-97,305

-7,489

-27,820

-1,835

-3,232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-8,790

1,958

-304

-

-24,732

4,451

955

658

3,322

1,616

1,035

-4,046

4,351

549

1,562

Loss from discontinued operations, net of income taxes

-1,314

-2,871

-309

-1,309

-120,574

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile loss from continuing operations to net cash provided by operating activities:
Provision for bad debts

2,368

1,311

2,691

41

80

-

-

-

-

103

260

83

38

-180

200

200

75

75

0

63

63

Depreciation and amortization

7,281

2,337

823

867

896

921

592

319

906

-1,308

1,129

1,122

1,293

1,386

1,170

1,066

1,143

638

446

432

377

Stock-based compensation

231

572

6

567

726

212

-916

770

2,845

569

322

470

4,550

762

2,149

1,713

1,780

750

1,593

1,523

2,531

Amortization of operating leases

-

-

-

-

-

-

1,256

945

944

-

944

987

987

994

1,252

433

432

4,553

411

2,455

303

Amortization of deferred financing costs

1,512

-

-

-

1,325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges

85,590

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on equity securities

84

-

-

-

-328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from equity method investment

-81

-

-

-

-

-

-

-

-

0

-9

0

31

-

-

-

0

-

-

-

-

Loss on interest rate swaps

-2,882

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

0

0

-2

44

10

0

-501

-57

0

0

0

Realized loss (gain) on equity securities

-

-

244

-629

300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of operating leases

1,683

-

-

-

1,544

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of assets

-

-

-

-

-

0

0

-1,975

-5,142

-

-

-

-

-

-

-

-

0

0

0

700

Deferred income taxes

-1,491

-36,025

-7,334

29,795

-39,087

5,585

-8,330

1,538

-53

-132,222

-4,057

3,037

573

4,578

3,687

948

368

-4,546

1,969

-63

806

Changes in operating assets and liabilities:
Accounts receivable

-798

-646

-1,805

160

-3,734

838

-653

8,459

-10,528

14,982

1,661

4,435

-8,278

8,810

10,067

-65

-7,348

3,089

122

6,809

-776

Prepaid expenses and other assets

1,087

-1,610

-1,160

258

978

-2,267

2,935

3,142

1,231

486

2,888

-55

222

-1,571

-261

776

-1,291

-460

458

-3,031

45

Accounts payable and accrued expenses

-2,970

4,708

-398

-1,864

646

3,983

2,222

-1,905

-2,165

3,296

17

-3,065

-1,504

2,475

-1,172

-1,299

-5,136

-14,796

-1,850

1,929

-612

Deferred revenue

-850

-1,557

-1,821

-1,150

-287

-1,777

-3,613

-1,423

-154

4,685

-3,094

-2,515

-1,752

4,154

18,805

301

-1,134

-30

354

7

-285

Other liabilities

-1,404

-3,281

-1,449

-1,427

-1,534

-344

3,854

3,124

1,202

-250

465

524

244

287

201

524

-887

-291

427

34

-424

Cash used in operating activities from continuing operations

-2,765

-33,965

4,830

28,060

-35,839

-

-

-

-

-

-

-

-

12,197

19,798

4,791

6,816

-20,265

7,121

3,151

4,352

Cash used in financing activities from discontinued operations

3,993

32,674

692

-38,445

45,400

-

-

-

-

-

-

-

-

-

-

-

-

1

-49

-87

-75

Cash provided by operating activities

1,228

-1,291

5,522

-10,385

9,561

12,790

3,386

-936

17,660

8,950

3,219

2,630

13,411

-

-

-

-

-20,264

7,072

3,064

4,277

Cash flows from investing activities
Investments in intangible assets, including registration and renewal costs

20

36

30

44

26

60

60

72

47

18

65

85

130

110

193

125

72

87

137

100

113

Purchases of property and equipment

5

16

1

36

11

169

315

1,933

1,792

1,836

944

106

133

1,708

316

694

607

584

593

78

207

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

0

0

2

0

0

0

45

5

0

0

0

Proceeds from sale of trademarks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

140

Cash used in investing activities from continuing operations

-25

406

-31

165,848

-37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash used in investing activities from discontinued operations

-

0

0

-6

-38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash used in investing activities

-25

406

-31

165,842

-75

-265

-385

2,317

-1,839

-1,433

-1,009

5,566

-261

-300

-148,624

-1,809

-634

-138,293

-83,945

-119,428

-180

Cash flows from financing activities
Proceeds from long-term debt

8,382

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

156

541

13

Proceeds from warrants exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

165

0

58

Stock registration costs

-

-

-

-

-

-

-

-

-

0

0

17

3

-

-

-

0

-

-

-

-

Payment of long-term debt

2,500

2,500

5,000

161,086

7,075

7,075

95,625

7,681

7,075

7,075

7,075

7,075

7,075

5,000

5,000

5,000

4,000

4,000

4,000

4,679

3,000

Guaranteed payments in connection with acquisitions

-

-

-

-

-

0

75

-250

650

-575

650

725

575

2,275

575

575

325

-

-

-

-

Repurchases of common stock

36

24

0

78

170

9

416

83

1,919

15

82

0

1,064

137

0

0

501

676

0

177

660

Noncontrolling interest distributions

2,016

1,163

1,064

2,046

1,093

1,357

1,138

2,943

1,244

1,611

1,616

2,102

2,109

1,808

1,328

2,127

1,537

1,367

1,469

164

0

Cash provided by (used in) financing activities from continuing operations

3,830

4,056

-9,314

-163,210

-8,338

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash used in financing activities from discontinued operations

-

0

0

-249

-325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash provided by (used in) financing activities

3,830

4,056

-9,314

-163,459

-8,663

-10,466

-4,562

-11,107

-10,888

-1,126

-9,423

-9,919

-10,826

-10,598

112,086

-7,702

-6,363

171,830

79,851

118,644

-3,589

Net decrease in cash and restricted cash

5,033

3,171

-3,823

-8,002

823

2,059

-1,561

-9,726

4,933

-

-

-

-

-

-

-

-

-

-

-

-

Net Decrease In Cash and Restricted Cash

-

-

-

-

-

-

-

-

-

-

-

-1,723

2,324

743

-16,740

-4,728

-181

13,273

2,978

2,280

508

Supplemental disclosures of cash flow information
Cash paid for: Interest

11,353

11,416

12,053

14,858

14,420

14,508

14,607

15,053

14,513

-

-

13,888

13,393

-

-

-

-

-

-

-

-

Cash paid for: Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

-

5,736

4,916

2,932

Cash paid for: Taxes

113

1,013

51

36

2

-

-

-

-

-

-

-

-

0

97

0

81

65

135

317

542

Non-cash investing and financing activities
Accrued purchases of property and equipment at year end

45

-

-

-

-

-8

-277

-811

1,114

-37

-404

565

28

-

-

-

0

-

-

-

-

Unrealized (loss) gain on available-for-sale securities during the year

-

-

-

-

-

-

-

-

-

-

-

-

-1,495

1,002

1,118

-1,060

1,002

-

-

-

-

Unrealized gain (loss) on interest rate cap, net during the period

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Unrealized (loss) gain on interest rate cap, net during the year

-

-

-

-

-

210

311

238

-679

-

-

-

-16

-

-

-

-

-

-

-

-

Unrealized loss on interest rate swaps, net during the year

721

-544

-78

1,684

1,480

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable for sale of trademark

11,315

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

560