The e.w. scripps company (SSP)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash Flows from Operating Activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-11,809

10,565

-21,763

-366

-6,814

21,979

19,131

5,720

-27,081

5,461

-26,684

8,545

-1,939

38,337

12,522

11,488

4,888

-21,532

-24,443

-31,402

-5,100

-

-

-

-

-

-

-

-2,671

26,919

12,002

5,416

-4,415

6,142

-10,722

-2,212

-8,895

Loss from discontinued operations, net of tax

-

-

-

-

-

-13,974

-908

-2,942

-18,504

-5,999

920

1,690

794

-

-

-

-

6,827

0

-18,447

3,015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations, net of tax

-

-

-

-

-

35,953

20,039

8,662

-8,577

11,460

-27,604

6,855

-2,733

-

-

-

-

-28,359

-24,443

-12,955

-8,115

15,430

1,043

-6,404

-612

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net loss to net cash flows from operating activities:
Depreciation, Depletion and Amortization

27,915

26,716

22,241

20,237

17,792

17,587

15,598

15,382

15,420

14,926

13,775

13,781

13,861

11,115

14,892

14,786

14,411

11,857

16,273

13,366

8,295

8,549

8,706

3,196

11,729

-5,162

12,096

11,774

11,814

12,287

12,136

12,603

12,306

9,568

10,052

10,029

10,420

Contract termination fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,663

-

-

-

-

(Gain)/loss on sale of property and equipment

-1,433

1,998

11

-144

-173

-1,105

501

66

-717

7

-114

-15

-47

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-212

242

-110

476

-205

-37

Programming assets and liabilities

28,834

-10,251

-9,192

410

1,133

2,013

4,538

1,290

4,947

10,280

2,573

-2,736

-945

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

14,672

619

-4,262

3,319

-4,341

16,282

1,017

4,264

-2,209

1,481

-17,514

5,313

-5,364

22,277

9,692

6,948

-123

-11,800

-4,624

-6,520

-3,266

560

7,423

-2,295

-304

-2,574

-3,811

2,418

-377

1,834

3,669

291

2,503

5,169

-60

2,444

2,233

Excess tax benefits of share-based compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-114

9

0

4,311

-207

0

-131

6,152

Stock and deferred compensation plans

2,208

3,388

1,910

2,262

7,352

613

2,000

3,470

4,658

1,549

3,446

3,095

7,782

1,737

259

3,304

5,557

1,480

507

5,419

2,467

3,616

-1,365

1,800

2,941

-312

1,335

625

4,132

1,826

1,516

1,444

3,437

276

1,170

1,858

3,893

Pension expense, net of contributions

-4,034

-3,436

-5,709

-3,513

-408

9,209

-7,702

-3,978

-1,581

2,137

-9,077

-1,894

2,096

2,890

-3,053

2,099

3,000

48,293

3,309

3,561

3,195

674

1,577

1,161

1,021

3,583

1,181

1,708

1,405

2,469

1,571

770

1,093

2,543

855

487

955

Increase (Decrease) in Operating Capital

-10,996

83,469

6,904

1,297

25,776

26,399

-20,315

7,817

2,258

13,915

-11,872

8,671

11,476

12,034

-8,281

8,692

21,201

-5,657

-35,782

70,191

11,682

-13,495

-10,337

9,229

-14,640

17,724

-17,558

4,570

26,474

-3,949

-27,387

-25,380

-3,878

16,405

54,910

-40,784

11,248

Miscellaneous, net

1,154

-165

7,155

1,974

-37

3,813

1,065

-2,334

101

1,335

-3,562

-3,516

124

-253

1,034

1,087

-191

-2,186

-4,022

5,968

842

3,214

-1,847

418

45

1,607

1,395

670

1,253

-1,568

-1,962

1,213

697

2,676

2,511

1,137

975

Net cash provided by (used in) operating activities from continuing operations

-

-

-

-

-

65,321

47,293

16,293

1,324

2,580

4,609

17,714

5,282

-

-

-

-

24,668

47,974

-61,352

-8,264

37,245

18,843

-7,253

29,460

-19,174

21,043

15,810

-10,918

48,304

56,340

47,329

20,609

-

-

-

-

Net cash provided by operating activities from discontinued operations

-

-

-

-

-

1,802

3,939

1,248

3,691

5,438

-770

1,804

4,195

-

-

-

-

-1,017

215

-1,600

8,246

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

13,701

-38,459

1,849

22,350

-13,192

67,123

51,232

17,541

5,015

8,018

3,839

19,518

9,477

65,505

43,627

31,020

6,341

23,651

48,189

-62,952

-18

-

-

-

-

-

-

-

-

-

-

-

-

-

16,492

-4,209

-7,782

Cash Flows from Investing Activities:
Acquisitions, net of cash acquired

0

-209

582,358

553,074

55,199

149,469

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-50

4,112

99,222

46,000

0

0

0

0

-

-

-

-

-

-

-

-

Acquisition of intangible assets

525

389

402

23,669

404

0

1,475

5,754

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-250

0

-

0

0

-1,400

0

0

0

-1,800

0

0

0

0

0

0

0

7,510

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

2

5

-

-

-

-

-

-

-

-

-

-

-

-

-

1,161

476

37

Additions to property and equipment

16,210

19,268

11,781

16,554

13,440

13,974

13,287

14,630

11,362

5,023

4,168

4,825

3,916

4,321

8,208

7,061

6,321

5,544

6,473

6,466

2,305

4,392

4,612

4,712

2,584

326

3,362

7,190

4,979

16,044

8,080

4,949

1,137

4,360

3,279

3,251

1,293

Proceeds from sale of long -term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,650

Purchase of investments

3,087

418

838

500

115

479

0

-38

117

-697

699

225

609

400

0

175

1,553

571

637

0

6,450

649

800

1,050

153

150

50

250

1,125

400

3,394

547

725

1,973

5,448

1,524

100

Proceeds from FCC repack

2,719

2,994

2,445

0

1,520

584

546

400

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Miscellaneous, net

-773

-6,775

349

-307

-1

0

-48

-2,067

-192

-9,236

-23

-3,499

-128

69

-194

-18

-4

-

-

-

-

-1,618

191

-219

-361

-30

281

-250

-70

-2,371

250

-9

-477

-

-

-

-

Net cash used in investing activities from continuing operations

-

-

-

-

-

-163,338

-14,168

-17,879

-11,287

-274,221

-16,398

-1,551

-4,397

-

-

-

-

11,420

-56,470

-3,684

-8,750

-5,235

-3,397

-104,765

-46,976

-708

-3,393

-7,190

-4,234

-13,828

-11,724

-5,487

-1,385

-

-

-

-

Net cash provided by (used in) investing activities from discontinued operations

-

-

-

-

-

80,232

-359

-365

-320

-1,360

-593

-360

-187

-

-

-

-

-2,317

0

0

-1,561

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-16,330

-10,097

-593,283

-593,490

-67,637

-83,106

-14,527

-18,244

-11,607

-275,581

-16,991

-1,911

-4,584

-6,826

-8,014

-50,718

-7,870

9,103

-56,470

-3,684

-10,311

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,566

-4,299

-6,216

Cash Flows from Financing Activities:
Net borrowings under revolving credit facility

175,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of long-term debt

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on long-term debt

2,653

2,653

2,662

2,663

750

750

3,406

750

750

1,729

2,656

388,563

979

3,635

1,000

1,000

1,000

1,137

3,519

117,250

500

500

500

500

500

184,175

3,975

3,975

3,975

3,975

3,975

3,975

3,975

-

-

-

-

Dividends paid

4,108

4,100

4,154

4,080

4,040

4,033

4,140

4,097

4,125

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of Class A Common shares

0

0

0

0

584

2,053

25,861

0

4,409

6,181

5,447

4,497

1,760

14,728

10,987

8,555

10,131

5,321

8,218

2,683

0

0

0

3,409

17,828

4,886

34,403

24,262

10,648

0

7,157

10,742

5,665

12,050

16,038

16,671

6,624

Proceeds from Stock Options Exercised

-

-

-

-

-

0

0

1,623

234

0

0

0

1,461

0

0

0

4,641

1,208

502

1,277

4,262

3,404

4,299

2,021

6,855

6,395

6,554

18,110

15,565

5,640

7,970

57

4,548

477

367

600

1,070

Tax payments related to shares withheld for vested stock and RSUs

2,266

115

16

51

3,649

1,276

620

32

1,868

1,205

31

53

3,287

29

49

24

2,579

111

89

165

4,872

226

198

2

3,835

113

187

64

5,906

134

101

36

7,387

87

141

1,080

8,288

Excess tax benefits from stock compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-114

9

0

4,311

-207

0

-131

6,152

Miscellaneous, net

-16,574

21,900

-990

-585

-2,862

1,481

1,346

-707

-804

955

-1,828

445

-2,412

227

-1,678

-496

-2,311

-924

-473

-10,497

12,469

-3,892

2,379

1,561

-1,312

1,974

-1,604

-1,528

-1,326

-1,926

1,200

-19

1,034

1,279

-2,614

1,169

-1,641

Net cash provided by (used in) financing activities

149,399

-4,968

381,433

853,246

-11,885

-6,631

-32,681

-3,963

-11,722

289,727

-9,962

-226

-6,977

-

-13,714

-10,075

-11,380

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,285

-11,797

8,567

11,359

7,138

5,980

-812

-16,620

16,725

-33,615

-11,719

-6,290

-1,502

-2,054

-14,715

-7,134

192,541

-18,426

-16,113

-9,331

Effect of foreign exchange rates on cash and cash equivalents

-111

-15

-6

6

2

-15

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

146,659

-53,539

-210,007

282,112

-92,712

-22,629

4,024

-4,666

-18,314

22,164

-23,114

17,381

-2,084

40,514

21,899

-29,773

-12,909

26,469

-20,078

-58,069

1,030

32,690

32,867

-95,617

-34,136

19,119

-15,965

-3,099

-21,442

32,974

42,562

27,127

12,090

-19,585

-9,500

-24,621

-23,329

Supplemental Cash Flow Disclosures
Interest paid

24,833

19,334

17,526

21,083

3,356

13,990

3,201

13,466

3,016

14,039

62

1,348

3,507

3,528

3,949

3,990

4,153

-

4,034

3,601

1,718

-

3,539

0

1,972

-

2,160

1,991

1,926

-

2,355

2,394

2,341

-

-

-

-

Income taxes paid

12

1,305

180

11,648

50

2,795

234

522

178

688

292

710

66

707

38

-138

493

-

739

13,413

557

-

30

0

367

-

179

111

0

-

271

464

277

-

317

9

7,986

Non-cash investing information
Capital expenditures included in accounts payable

1,187

-604

-455

577

1,465

-5

493

47

158

86

-293

65

428

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-