Team inc (TISI)
CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15May'15Mar'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10
Cash flows from operating activities:
Net loss

-32,417

-21,198

-37,667

-75,110

-63,146

-47,464

-107,466

-87,211

-84,455

-113,499

-34,192

-15,750

-12,676

1,482

9,800

14,962

24,762

37,541

-

40,497

0

35,688

32,725

30,149

29,689

30,116

29,536

32,714

35,014

37,539

33,910

33,068

30,033

31,983

29,631

26,624

0

0

0

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Earnings from unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

822

952

919

1,073

992

1,134

1,201

1,103

1,183

1,186

1,243

1,164

1,030

0

0

0

Loss on investment in Venezuela

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

49,059

53,096

57,078

60,678

64,862

61,923

58,562

55,637

52,143

51,927

51,795

51,565

48,673

45,947

42,319

35,428

31,049

26,169

-

22,787

0

21,941

21,614

21,468

21,186

20,701

20,474

19,664

19,010

18,788

17,903

17,469

16,811

16,474

15,601

14,584

0

0

0

Amortization of Debt Issuance Costs and Discounts

7,695

7,505

7,349

7,214

7,022

6,859

6,148

4,596

3,085

1,594

652

585

541

486

498

424

367

318

-

223

0

225

224

223

222

221

222

222

222

266

263

283

303

276

300

303

0

0

0

Provision for doubtful accounts

-2,573

1,790

6,984

9,877

11,662

10,372

9,492

7,745

7,097

9,251

7,012

7,353

6,336

4,532

4,315

2,436

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency loss (gain)

-494

-603

-909

-1,213

-1,712

-1,360

-1,099

-577

-499

-700

-443

-203

93

-380

-714

-1,170

-1,506

-1,564

-

-1,509

0

-4,471

-3,976

-4,185

-2,424

-1,285

-1,259

-943

-812

7

228

31

-274

-322

-459

-147

0

0

0

Deferred income taxes

-3,795

17,154

18,858

25,280

31,734

58,458

67,590

68,636

66,246

29,895

14,236

8,681

4,236

-5,548

-3,345

-1,981

-630

43

-

729

0

-3,450

-781

1,040

-10,372

-3,689

-4,208

-5,089

2,623

-708

-1,957

-717

152

1,921

913

-1,405

0

0

0

Gain on revaluation of contingent consideration

-

-

-

-

-

-

-

-

-1,174

-1,174

-1,174

1,010

2,184

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on asset disposal

187

-211

-172

456

552

-479

-562

-1,573

-553

-704

-572

-669

-1,540

0

0

22

-

-625

-606

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Embedded Derivative, Gain (Loss) on Embedded Derivative, Net

0

0

0

-29,283

-24,783

-30,257

-23,965

5,318

818

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash compensation cost

10,055

11,512

11,332

12,270

12,256

11,444

10,619

8,549

7,876

6,487

6,872

6,971

7,313

8,470

8,173

6,645

5,842

5,534

-

4,838

0

4,494

4,344

4,239

4,114

4,021

3,918

3,931

3,890

3,886

4,104

4,386

4,663

4,923

5,012

4,993

0

0

0

Other, net

2,409

2,249

3,007

3,304

3,762

3,648

3,497

4,317

3,789

3,372

2,900

1,524

1,182

862

525

155

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease (net of the effects of acquisitions):
Receivables

-27,194

-31,179

-48,281

-27,772

-15,386

32,385

51,285

21,227

39,820

18,863

3,980

-1,461

-16,518

-52,833

-17,833

-24,960

-13,315

68,967

-

43,425

0

38,311

9,441

8,952

4,208

4,753

8,231

10,964

17,869

29,971

29,472

16,990

35,317

33,068

26,651

25,048

0

0

0

Inventory

-9,551

-7,641

-5,993

-1,033

21

559

1,591

495

-614

536

-666

-395

-2,119

-2,339

-528

-3,259

-700

919

-

925

0

348

-379

-822

-345

95

802

1,405

3,134

3,661

3,684

3,629

2,550

1,845

2,234

1,231

0

0

0

Prepaid expenses and other current assets

-494

-1,899

-5,871

-6,241

-6,933

-4,884

-535

-515

-6,642

-9,403

-5,560

-75

163

4,683

3,977

-65

1,899

3,568

-

2,525

0

2,211

1,025

17

576

-726

-825

-443

19

979

883

559

564

813

1,017

1,320

0

0

0

Increase (decrease) (net of the effects of acquisitions):
Accounts payable

-5,356

2,103

-1,186

2,421

-8,994

5,500

4,951

6,712

6,424

-8,366

-7,726

-2,399

8,361

1,366

1,014

-10,927

-8,934

7,448

-

10,789

0

6,570

5,079

-295

5,140

2,521

1,917

3,210

-2,343

274

-2,213

-5,965

2,907

-376

2,592

3,578

0

0

0

Other accrued liabilities

-8,378

115

-10,861

1,623

9,168

3,747

14,260

2,721

14,896

16,528

7,063

5,014

-2,346

-19,899

-18,326

-8,512

-9,736

27,591

-

9,377

0

6,938

69

-1,208

1,070

-685

1,356

7,779

4,304

10,172

6,659

6,871

4,821

8,451

2,255

8,070

0

0

0

Income taxes

1,540

-7,477

-7,214

-7,984

-3,514

7,630

6,088

13,114

6,260

10,568

10,596

9,348

6,675

-5,967

-11,323

-8,303

-12,428

-5,774

-

-972

0

4,477

2,754

4,029

4,777

2,544

-3,389

-2,184

-846

977

2,572

2,012

689

405

74

-222

0

0

0

Net cash provided by (used) in operating activities

58,836

69,576

65,176

47,336

41,859

1,739

-18,865

-9,027

-13,728

8,754

28,891

55,515

79,564

86,004

55,324

63,188

51,594

30,505

-

43,471

0

40,781

57,683

52,861

60,942

60,142

52,064

58,643

42,240

37,012

27,508

36,652

21,344

27,847

26,208

28,480

0

0

0

Cash flows from investing activities:
Capital expenditures

29,035

30,969

29,478

28,287

27,164

29,651

30,218

31,567

36,798

36,488

42,621

44,950

45,812

48,462

47,655

47,078

43,146

36,506

-

28,769

0

30,822

32,261

33,016

31,023

27,033

26,562

26,068

26,902

25,839

24,383

23,924

20,919

18,823

16,133

13,158

0

0

0

Business acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

48,382

47,048

310,482

295,303

262,226

264,358

-

3,075

0

2,949

2,545

10,175

10,175

10,620

25,673

18,589

0

0

0

-

-

-

-

-

-

-

-

Proceeds from disposal of assets

934

1,918

1,899

2,609

2,580

2,164

2,164

2,744

3,259

3,074

5,764

3,533

4,232

8,892

6,253

6,502

0

-

-

-

0

-

-

357

0

0

0

-

-

-

-

220

0

0

0

-

-

-

-

Other

0

-57

-129

-40

443

400

432

323

457

358

-106

-165

-827

-823

-108

-151

-157

-16

-

-550

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

Change related to Venezuelan operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-28,101

-28,994

-27,450

-25,638

-25,027

-27,887

-28,486

-29,146

-33,996

-25,477

-28,456

-43,262

-75,840

-86,106

-351,776

-340,728

-305,510

-300,972

-

-31,781

0

-31,073

-32,100

-40,609

-40,129

-35,680

-50,259

-42,899

-44,443

-60,347

-45,010

-42,264

-39,257

-20,133

-57,397

-53,942

0

0

0

Cash flows from financing activities:
Net borrowings (payments) under revolving credit agreement

-82,396

-90,946

-37,517

-20,610

-19,690

20,750

-24,326

-20,536

-23,006

-52,433

-24,707

-59,054

15,996

-161,097

166,191

157,280

98,000

305,150

-

8,000

0

-5,000

-16,880

0

-6,200

-14,600

220

-13,600

1,397

32,568

16,809

12,707

19,712

-4,124

32,385

25,437

0

0

0

Borrowings (payments) under term loan, net of debt discount

-

-

-

-

-

-

-

-

-170,000

-175,000

-20,000

-20,000

-20,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration payments

428

428

428

866

1,106

1,106

1,106

1,946

1,278

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

7,593

-13,545

7,593

1,720

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,344

0

0

0

Debt issuance costs on Credit Facility

1,524

1,475

0

0

855

1,755

2,055

2,783

1,938

1,080

1,162

431

801

2,709

2,327

2,330

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Corporate tax effect from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-535

482

460

1,427

1,909

2,119

-

3,034

0

1,951

2,079

1,131

1,086

1,678

2,527

2,996

3,340

2,921

1,736

1,533

2,590

379

781

551

0

0

0

Exercise of stock options

-

-

-

-

-

-

-

-

450

3,944

5,288

5,351

5,903

3,292

3,206

4,610

4,656

4,170

-

3,804

0

4,573

5,491

5,270

4,798

6,868

8,490

8,275

9,012

5,722

3,322

2,997

2,457

2,379

2,356

2,230

0

0

0

Payments related to term and auto notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

235

336

366

356

343

0

0

0

Payments related to withholding tax for share-based payment arrangements

1,911

1,897

1,516

1,507

1,390

891

870

923

947

1,689

1,857

1,958

1,709

1,705

1,529

1,401

0

-

-

-

0

-

-

-

-

-

-

1,534

0

0

0

-

-

-

-

-

-

-

-

Other

-291

-230

-121

-72

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-36,805

-45,231

-39,582

-23,055

-23,041

16,999

33,955

31,124

25,592

-625

-41,604

-79,874

-6,006

2,801

329,937

333,396

260,591

278,399

-

-10,075

0

-1,229

-25,354

-9,643

-16,359

-22,097

9,733

-3,863

12,218

39,583

20,025

15,335

22,772

-3,344

34,733

26,098

0

0

0

Effect of exchange rate changes on cash

-43

-1,038

-690

-1,742

-2,055

-1,577

-462

1,492

2,468

828

-117

-1,948

-1,327

361

-1,256

414

-2,871

-4,269

-

-3,060

0

-4,089

-2,423

-2,154

-1,375

-219

-580

-157

-1,053

-511

-1,133

-1,324

-34

67

693

832

0

0

0

Net decrease in cash and cash equivalents

-6,113

-5,687

-2,546

-3,099

-8,264

-10,726

-13,858

-5,557

-19,664

-16,520

-41,286

-69,569

-3,609

3,060

32,229

56,270

3,804

3,663

-

-1,445

0

4,390

-2,194

455

3,079

2,146

10,958

11,724

8,962

15,737

1,390

8,399

4,825

4,437

4,237

1,468

0

0

0

Supplemental disclosure of cash flow information: