STORE CAPITAL CORP STOR Cash Flow

Store capital corp (STOR)

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
Operating activities
Net income
302,079	284,975	281,722	218,329	212,566	216,970	201,394	181,749	180,608	162,038	152,970	160,733	129,922	123,325	115,457	102,112	91,497	83,770	77,121	64,878	55,666	48,139	0	0	0
Adjustments to net income:
Depreciation and amortization
227,597	221,975	214,154	204,016	193,232	181,826	172,386	164,194	157,374	150,279	143,192	136,715	128,354	119,618	111,510	103,669	96,202	88,615	80,566	72,775	64,356	57,025	0	0	0
Amortization of deferred financing costs and other noncash interest expense
9,780	9,689	10,030	9,676	9,497	9,549	7,822	10,014	10,072	9,978	10,075	7,870	7,580	7,267	6,983	6,943	6,806	6,507	6,302	7,385	7,184	7,146	0	0	0
Amortization of debt (premium) and discount, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of equity-based compensation
6,445	11,703	10,742	9,699	8,828	8,608	8,000	7,729	7,523	7,931	7,683	7,467	7,235	7,022	6,504	5,999	5,499	4,735	4,047	3,313	2,818	2,294	0	0	0
Provisions for impairment
19,041	18,751	15,153	7,812	8,850	7,810	4,108	11,778	10,740	13,440	0	0	0	-	-	-	-	1,000	0	0	0	-	-	-	0
Net (gain) loss on dispositions of real estate
88,816	84,142	87,071	29,042	33,966	45,528	34,683	39,767	45,544	39,609	39,541	39,929	17,342	13,296	0	0	0	-	-	-	-	5,478	0	0	0
Loss on defeasance of debt
-	-735	-735	-735	-735	814	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash revenue and other
4,171	1,865	113	-2,287	-3,126	-2,291	-1,364	-3,782	-3,589	-3,733	-3,992	373	823	-54	420	31	32	-135	-137	230	284	1,113	0	0	0
Payments made received in settlement of cash flow hedges
-	-6,735	-6,735	-6,735	-6,735	4,288	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Other assets
4,816	5,608	5,694	3,019	3,524	4,926	3,342	3,980	4,543	4,126	6,193	7,172	9,141	5,340	10,168	7,308	2,140	3,803	1,964	3,860	8,290	4,420	0	0	0
Accrued expenses, deferred revenue and other liabilities
8,552	8,856	11,356	16,736	6,678	11,604	2,570	7,913	4,253	5,761	6,912	3,851	7,149	5,934	11,815	6,584	10,011	7,365	3,223	243	130	-1,012	0	0	0
Deferred costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash provided by operating activities
475,691	458,334	444,279	430,494	399,287	391,678	363,093	346,886	327,546	309,425	292,750	275,152	262,808	246,304	239,376	217,889	203,542	187,002	159,759	138,937	117,678	102,581	0	0	0
Investing activities
Acquisition of and additions to real estate
1,302,614	1,451,269	1,481,949	1,571,022	1,625,727	1,514,718	1,410,091	1,323,892	1,199,437	1,335,305	1,282,799	1,126,198	1,296,913	1,153,141	1,100,204	1,106,529	1,123,789	1,114,641	1,134,598	1,151,194	1,060,048	1,044,339	0	0	0
Investment in loans and financing receivables
239,931	253,552	144,864	155,694	75,015	88,088	93,494	68,013	57,114	35,229	42,481	44,335	39,845	44,297	47,422	69,000	85,262	107,395	102,440	73,442	51,273	52,636	0	0	0
Collections of principal on loans and financing receivables
18,093	16,377	8,568	7,746	5,305	5,205	10,128	9,705	15,368	29,770	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Collections of principal on loans and direct financing receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	5,345	-	6,803	6,749	3,436	8,145	0	0	0
Proceeds from dispositions of real estate
449,819	438,631	472,969	170,789	188,462	230,563	205,014	224,450	271,452	239,893	219,566	212,871	78,976	61,385	55,904	45,529	39,288	38,671	45,976	34,672	32,713	39,352	0	0	0
Transfers from restricted deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Net cash used in investing activities
-1,074,633	-1,249,813	-1,145,276	-1,548,181	-1,506,975	-1,367,038	-1,288,443	-1,157,750	-969,731	-1,100,871	-1,078,525	-929,588	-1,237,502	-1,130,373	-1,089,409	-1,121,232	-1,177,414	-1,178,009	-1,190,428	-1,193,484	-1,061,212	-1,051,417	0	0	0
Financing activities
Borrowings under credit facility
1,131,000	822,100	800,100	1,055,100	1,061,100	988,000	950,000	687,000	565,000	642,000	555,000	537,000	652,000	599,000	543,000	676,000	721,000	651,000	578,000	694,000	595,000	590,080	0	0	0
Repayments under credit facility
-	957,100	1,159,100	1,097,100	1,158,100	1,143,000	673,000	572,000	468,000	400,000	0	0	0	-	-	-	-	651,000	0	0	0	-	-	-	-
Borrowings under unsecured notes and term loans payable
-	347,410	347,410	347,410	347,410	348,303	348,303	348,303	348,303	100,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings under non-recourse debt obligations of consolidated special purpose entities
-	549,596	0	0	0	-	-	-	-	134,961	0	0	0	-	-	-	-	-	-	-	-	286,089	0	0	0
Repayments under non-recourse debt obligations of consolidated special purpose entities
223,042	228,252	286,726	285,700	284,761	283,770	32,394	231,258	241,784	237,998	237,862	41,563	33,121	29,115	28,144	43,111	39,674	39,147	41,233	21,931	21,112	20,621	0	0	0
Financing and defeasance costs paid
7,675	12,206	14,240	14,304	15,056	15,521	5,924	5,924	5,286	2,764	7,417	7,324	11,458	8,912	6,900	9,061	12,612	12,608	10,140	10,548	11,145	11,624	0	0	0
Proceeds from the issuance of common stock
648,606	659,943	732,418	761,470	813,928	753,918	577,671	387,419	574,184	754,357	747,250	820,333	759,724	478,704	697,564	624,482	542,142	542,142	819,206	819,205	800,476	875,476	0	0	0
Stock issuance costs paid
7,820	9,459	11,654	12,142	12,971	12,167	9,304	6,594	4,077	11,834	12,078	13,093	24,594	15,437	24,540	23,628	20,714	20,721	0	0	0	-	-	-	-
Shares repurchased under stock compensation plans
5,809	5,032	5,032	4,489	4,308	2,835	2,835	2,835	2,835	1,346	1,346	1,346	1,346	1,719	0	0	0	-	-	-	-	-	-	-	-
Dividends paid
318,006	307,157	294,887	282,362	269,079	255,572	244,564	236,055	224,362	209,918	196,184	182,458	170,795	162,618	151,700	225,926	159,067	107,912	-46,791	-138,455	-92,825	-64,562	0	0	0
Net cash provided by financing activities
1,194,160	859,843	741,822	1,101,416	1,111,696	969,199	907,953	368,056	541,143	767,458	764,218	1,009,404	1,076,265	873,797	877,562	966,052	975,567	922,719	1,018,112	1,028,970	921,516	1,026,207	0	0	0
Net increase in cash, cash equivalents and restricted cash
595,218	68,364	40,825	-16,271	4,008	-6,161	-17,397	-442,808	-101,042	-23,988	-21,557	354,968	101,571	-10,272	27,529	62,709	1,695	-68,288	-12,557	-25,577	-22,018	77,371	0	0	0
Supplemental disclosure of noncash investing and financing activities:
Accrued tenant improvements included in real estate investments
23,134	17,464	16,103	32,737	28,416	34,769	42,749	46,388	36,000	25,884	29,859	21,542	22,535	23,911	0	0	0	-	-	-	-	12,081	0	0	0
Net real estate assets surrendered to lender
-	-	-	-	-	12,573	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Cash acquisition of collateral property securing a mortgage note receivable
-	13,574	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-recourse debt forgiven by lender in exchange for collateral assets
-	-	-	-	-	12,874	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued financing and stock issuance costs
45	80	-830	134	-631	211	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued financing costs
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	-
Accrued stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of cash flow information:
Cash paid during the period for interest, net of amounts capitalized
152,308	142,933	141,381	129,129	124,897	115,425	112,877	106,919	111,243	109,898	110,391	107,764	99,284	95,968	84,964	83,933	77,434	73,636	70,108	66,915	62,984	60,431	0	0	0
Cash paid during the period for income and franchise taxes
2,269	2,362	2,259	2,206	1,260	1,930	1,963	1,887	1,644	1,666	1,653	1,615	1,464	1,194	1,031	1,030	1,001	1,005	1,137	1,131	948	674	0	0	0