Franchise group, inc. (TAX)
CashFlow / TTM
Dec'19Oct'19Jul'19Apr'19Jan'19Dec'18Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11
Interest Costs Capitalized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments of Ordinary Dividends

-

-

-

2,244

-

4,497

6,684

6,583

8,922

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Interest Paid, Excluding Capitalized Interest, Operating Activities

1,140

3,924

3,760

4,031

-

9,861

7,642

7,634

7,393

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

1,305

1,626

1,642

1,640

0

0

0

Income Taxes Paid, Net

-5,337

1,283

-2,678

-2,734

-

2,384

-402

-3,504

-3,383

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Capital Expenditures Incurred but Not yet Paid

0

-105

-81

0

-

0

51

63

0

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-347

426

618

345

0

0

0

Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

-63,569

-13,144

-1,923

-2,156

-

-18,535

-9,249

-9,478

135

4,947

8,924

12,685

13,013

15,973

18,254

18,526

19,420

13,873

11,056

8,798

8,690

14,278

16,415

19,265

21,982

18,079

15,696

18,063

17,627

10,233

13,826

14,571

16,383

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for doubtful accounts

8,339

8,548

8,524

8,738

-

9,681

12,839

12,927

12,396

11,761

10,546

10,406

10,378

9,175

7,173

6,961

7,282

5,862

5,914

5,971

5,726

7,259

8,470

8,586

8,692

8,403

7,264

7,132

7,098

6,881

6,661

6,326

5,788

0

0

0

Depreciation, amortization, and impairment charges

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,728

5,511

0

0

0

Amortization of deferred financing costs

188

1,255

612

38

-

208

293

257

155

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

301

382

388

403

418

0

0

0

Gain (Loss) on Disposition of Other Assets

1,489

1,191

2,298

5,833

-

12,875

11,432

9,344

5,261

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based Payment Arrangement, Noncash Expense

3,497

1,643

1,535

999

-

1,761

2,146

3,331

3,680

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

1,658

1,345

1,273

1,496

1,458

1,436

1,431

1,429

0

0

0

Share-based Compensation Related To The Liability Classified Awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-872

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of available-for-sale securities

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on bargain purchases and sales of Company-owned offices

-257

-200

639

694

-

-4,182

-1,810

-1,810

-2,401

2,092

430

536

1,100

1,019

408

766

855

574

515

436

414

824

912

887

1,143

1,228

1,069

1,068

777

797

865

874

973

0

0

0

Equity in loss of affiliate

6

-25

19

-63

-

-96

-25

-79

-71

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-193

0

0

0

-

-

-

-

Deferred tax expense

-8,489

-11,206

541

586

-

-2,682

-2,555

-2,290

-2,369

-804

-2,499

-483

129

1,177

4,441

6,504

7,384

3,564

-125

-4,121

-3,545

1,794

2,165

4,047

2,605

122

2,947

2,770

4,119

5,409

4,410

2,662

2,304

0

0

0

Changes in:
Income taxes

14,648

13,798

-2,587

-6,886

-

-3,225

859

-4,100

-798

-1,904

1,247

7,297

2,487

3,313

1,520

621

1,758

1,336

3,211

3,271

-7,491

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Changes in other assets and liabilities

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Net Cash Provided by (Used in) Operating Activities, Continuing Operations

27,418

15,921

20,733

17,129

-

38,266

31,530

28,511

27,645

32,096

31,831

39,845

32,446

36,055

28,127

23,354

29,817

10,455

27,628

31,800

24,517

40,111

30,933

35,284

43,482

29,406

28,201

30,113

28,441

12,819

13,096

15,610

20,443

0

0

0

Cash flows from investing activities:
Issuance of operating loans to franchisees

61,826

64,323

66,680

68,283

-

44,897

71,542

71,371

73,796

88,302

91,350

94,580

94,133

83,858

99,091

100,047

101,552

100,431

99,114

97,193

93,365

88,093

79,170

77,222

76,013

76,948

72,170

72,945

75,605

71,924

69,661

69,940

67,969

0

0

0

Payments received on operating loans to franchisees

66,335

66,846

66,915

67,556

-

69,318

72,062

72,492

72,647

90,874

89,906

90,011

89,562

90,774

90,236

90,228

89,786

75,443

88,322

88,105

88,776

86,600

72,262

72,048

71,722

68,778

68,785

68,782

68,782

58,734

60,450

60,783

60,918

0

0

0

Purchases of Company-owned offices, AD rights, and acquired customer lists

3,581

2,616

817

229

-

609

933

2,632

2,926

4,364

6,489

8,599

10,049

9,215

9,118

6,253

4,787

3,741

6,886

8,454

8,246

10,339

6,971

6,689

8,706

8,824

8,064

6,796

5,980

0

0

0

-

-

0

0

Proceeds from sale of Company-owned offices and AD rights

-

-

-

-

0

-

0

375

-

499

432

1,369

1,339

1,374

1,348

741

2,934

2,848

2,956

5,283

3,687

4,201

5,974

3,519

2,879

4,188

2,891

3,725

4,072

3,610

2,998

2,409

2,146

0

0

0

Proceeds from Sale of Available-for-sale Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property, equipment, and software

1,684

1,732

2,507

2,939

-

3,799

4,609

5,047

5,388

4,699

4,634

4,576

5,022

6,310

8,320

9,562

10,692

10,616

9,798

11,335

11,463

11,029

10,815

9,059

9,149

10,403

11,718

12,856

11,928

11,911

10,706

8,997

10,288

0

0

0

Net cash used in investing activities

-317,706

-150,545

-1,860

-2,666

-

21,220

-4,557

-6,183

-9,012

-5,992

-12,135

-16,375

-13,254

-2,186

-24,895

-24,843

-29,310

-41,496

-24,520

-23,594

-20,611

-18,601

-13,954

-12,181

-14,045

-18,046

-19,820

-23,070

-23,639

-29,379

-25,974

-22,539

-20,943

0

0

0

Cash flows from financing activities:
Proceeds from the exercise of stock options

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

2,286

3,928

4,182

7,719

11,983

17,910

19,126

17,030

13,979

8,331

5,207

3,701

3,801

2,297

2,313

2,313

742

0

0

0

Repurchase of common stock

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

1,977

2,375

4,320

14,960

36,308

43,815

44,283

34,836

13,079

9,996

7,538

6,476

6,456

3,282

3,468

3,449

4,260

0

0

0

Repayment of other long-term debt

16,321

17,567

17,512

7,502

-

11,667

10,058

7,050

7,432

30

2,225

6,607

3,740

4,726

4,603

1,876

1,742

1,278

881

1,142

1,501

2,889

1,908

3,549

3,398

2,184

3,477

1,882

2,953

2,813

2,493

2,975

2,118

0

0

0

Borrowings under revolving credit facility

176,929

114,274

130,898

123,615

-

133,672

165,595

170,262

178,251

139,394

145,848

144,104

151,400

147,538

175,373

177,678

166,232

169,293

159,427

157,340

154,633

163,262

147,161

134,030

137,391

123,328

124,173

127,348

121,216

115,254

112,366

106,751

124,270

0

0

0

Repayments under revolving credit facility

145,326

148,260

148,459

123,615

-

181,607

178,270

178,283

178,251

150,420

151,533

151,477

151,400

167,005

166,039

166,250

166,232

129,373

153,837

154,606

154,633

157,092

133,909

136,713

137,391

0

0

0

-

-

-

-

124,270

0

0

0

Tax benefit of stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Payments of Debt Issuance Costs

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Proceeds from Issuance of Debt

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit of stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

269

458

0

0

0

Cash paid for taxes on exercises/vesting of stock-based compensation

110

58

98

83

-

360

469

582

576

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

331,282

215,783

65,533

-9,764

-

-59,258

-26,914

-22,140

-16,834

-25,690

-18,463

-22,360

-12,367

-32,227

-3,358

1,922

-11,814

29,754

-3,443

-12,021

-28,494

-21,808

-14,801

-22,905

-2,215

-8,252

-6,884

-690

-5,626

15,372

12,442

6,653

18,699

0

0

0

Effect of exchange rate changes on cash, net

171

15

-22

-238

-

-331

-100

-256

296

211

201

262

-304

30

-98

31

-174

-76

-307

-416

-105

-294

-180

-122

-155

-215

-48

-8

-11

59

24

-30

-13

0

0

0

Net increase (decrease) in cash and cash equivalents

-

-

84,384

-

0

-

0

-68

-

625

1,434

1,372

6,521

1,672

-224

464

-11,481

-1,363

-642

-4,231

-24,693

-592

1,998

76

27,067

2,893

1,449

6,345

-835

-1,129

-412

-306

18,186

0

0

0

Repayments of Amounts Due to Former ADs

-

-

-

-

-

-

-

-

-

-

-

-

1,541

1,204

1,269

534

2,429

2,567

2,456

2,827

4,349

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Fair value of assets purchased

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

18,053

11,646

12,092

12,050

0

0

0

Receivables applied, net of amounts written off, due ADs and related deferred revenue

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

435

4,188

3,930

5,769

0

0

0

Business Combination, Bargain Purchase, Gain Recognized, Amount

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Long-term obligations and accounts payable issued to seller

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Accounts payable canceled

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Notes and accounts payable issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,946

1,540

0

0

0

Cash paid to ADs, franchisees and third parties

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

7,752

5,066

5,785

4,741

0

0

0

Elimination of related deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Cash paid to franchisees and area developers

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Book value of assets sold

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

7,135

5,709

5,893

5,929

0

0

0

Gain on sale - revenue deferred

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Gain (loss) on sale - gain (loss) recognized

-

-

-

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

1,578

1,438

1,588

1,370

0

0

0

Notes received

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

5,446

3,861

4,881

4,962

0

0

0

Notes and Accounts Payable Assumed

-

0

0

-

-

-

-

0

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from ADs and franchisees

-

0

0

-

0

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

3,726

2,998

2,409

2,146

0

0

0