Tribune publishing company (TPCO)
CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Jun'18Apr'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Net income (loss)

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Activities
Net income (loss) from continuing operations

3,093

11,461

4,580

-16,506

-39,863

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,537

-

-12,956

-11,085

-11,743

-2,765

12,781

21,226

33,031

42,288

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

47,314

50,688

51,035

50,697

53,262

49,768

-

49,583

0

48,777

47,306

43,669

46,621

50,417

-

51,363

0

0

0

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Amortization of contract intangible liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Allowance for bad debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10,499

-

11,112

15,801

17,338

17,648

0

0

0

Stock compensation expense

13,170

14,040

13,909

13,743

10,453

9,489

-

10,381

0

9,843

9,255

8,852

7,823

7,813

-

7,573

7,762

7,640

6,911

6,822

0

0

0

-

-

-

-

Gain on postretirement plan amendment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,828

7,799

7,799

7,799

0

0

0

0

Income (Loss) from Equity Method Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-1,180

0

0

0

Non-current deferred revenue

-

-

-

-

-

-

-

-

-

930

-

-

-

2,037

2,022

-

2,086

1,833

1,823

1,815

8,170

-514

-568

-540

0

0

0

Excess tax expense realized from exercise of stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

653

0

0

0

-

-

-

-

-

-

-

-

Premium on stock buyback

-

-

-

-

-

-

-

0

-

0

6,031

6,031

6,031

6,031

-

0

0

0

0

-

-

-

-

-

-

-

-

Loss on equity investments, net

-

-

-

1,648

-

-

-

2,858

0

2,744

2,725

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-2,581

-8,104

-5,662

-3,321

-390

8,070

-

19,410

0

6,607

15,544

6,132

5,320

14,033

-

11,548

7,068

-1,039

-3,254

-2,654

4,751

5,604

10,831

7,224

0

0

0

Other non-cash items

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

Payment for Pension Benefits

-

0

0

-1,326

-

0

-

0

0

4,826

-

-8,856

-6,900

-2,986

-

0

9,999

9,883

7,926

2,983

0

0

0

-

-

-

-

Postretirement medical, life and other benefits

-

0

0

5,072

-

0

-

0

0

10,579

-

607

1,091

394

-

935

4,982

4,393

5,828

4,944

2,578

-3,693

1,007

1,704

0

0

0

Changes in working capital items, excluding acquisitions:
Accounts receivable, net

-32,542

-33,297

-11,357

6,017

6,259

899

-

-15,429

0

-23,537

-22,343

-4,968

-6,979

-21,251

-

-26,960

-10,394

-14,571

-13,971

-5,993

2,635

1,019

5,987

-3,608

0

0

0

Prepaid expenses, inventories and other current assets

6,164

2,188

-682

-18,152

-24,704

-20,775

-

-13,501

0

-987

4,623

-85

-2,909

-4,681

-

-10,356

140

-1,630

671

-13,822

-11,756

-8,599

296

10,519

0

0

0

Accounts payable, employee compensation and benefits, deferred revenue and other current liabilities

-48,467

-12,370

-41,206

-18,626

11,219

-29,386

-

17,694

0

-11,517

-33,462

-54,355

-65,075

-68,215

-

-66,946

9,454

17,530

29,441

11,194

-12,253

-9,090

5,708

38,121

0

0

0

Other, net

138

1,960

1,282

2,462

3,232

9,218

-

8,418

0

6,995

9,417

-751

-1,637

-1,701

-

-3,493

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

0

0

-

-

-

-

-

-

-

-

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Net cash provided by operating activities

53,099

90,198

27,343

39,202

50,953

0

-

0

0

-

-

-

-

-

-

-

-

-

-

65,481

65,991

92,231

93,992

130,574

0

0

0

Investing Activities
Capital expenditures, including software additions

18,552

18,078

32,021

49,854

53,168

59,269

-

44,645

0

26,013

23,450

7,981

10,178

10,616

-

10,737

20,681

22,250

23,932

32,275

38,385

38,903

34,282

22,268

0

0

0

Acquisitions, net of cash acquired

0

-132

2,915

36,918

70,867

71,748

-

65,396

0

31,393

-2,556

0

0

0

-

-

-

-

-

-

-

-

-

52,280

0

0

0

Other, net

155

2,686

1,983

3,238

4,175

2,647

-

3,171

0

2,645

2,281

2,550

2,254

3,264

-

2,535

2,477

2,642

859

1,407

0

0

0

-

-

-

-

Investments in equity investments, net of distributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used for investing activities

-18,707

-20,632

-36,919

-90,207

-128,210

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-91,005

-117,210

-156,049

-113,482

-102,926

0

0

0

Net cash used for investing activities

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

0

0

-

-

-

-

-

-

-

-

Financing Activities
Repayment of long-term debt

0

0

0

347,981

353,253

363,798

-

369,070

0

26,362

26,362

21,090

21,090

21,090

-

21,090

21,160

21,571

20,673

19,776

14,433

8,750

4,375

0

0

0

0

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113,318

113,318

113,320

42,878

0

0

0

0

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-

0

-

0

56,189

56,189

56,189

56,189

-

0

0

0

0

-

-

-

-

-

-

-

-

Withholding for taxes on RSU vesting

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Repayments of capital lease obligations

-

-

-

-

259

0

0

-

-

879

-

-

-

437

-

411

667

188

94

0

0

0

0

-

-

-

-

Withholding for taxes on RSU vesting

-

0

0

-3,112

-

0

-

0

0

-2,371

-

-2,076

-896

-979

-

-820

-3,397

-3,439

-3,245

-1,904

672

715

604

0

0

0

0

Proceeds from exercise of stock options

-

-

-

-

-

-

-

1,697

-

1,792

1,658

0

0

0

-

-

-

-

-

281

352

513

330

253

0

0

0

Dividends paid to common stockholders

-

-

-

-

-

-

-

0

-

5

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,867

-

9,445

13,768

18,363

13,742

13,762

9,456

4,750

4,614

0

0

0

Other

-

0

0

0

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

0

0

-

-

-

-

-

-

-

-

Transactions with Tribune Media Company, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57,627

0

0

0

Net cash used for financing activities

-71,675

-59,999

-8,991

-353,326

-359,420

0

-

0

0

-

-

-

-

-

-

-

-

-

-

29,681

46,223

93,006

51,168

-667

0

0

0

Decrease in cash attributable to continuing operations

-37,283

9,567

-18,567

-404,331

-436,677

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows From Discontinued Operations
Cash flows provided by (used for) operating activities of discontinued operations, net

-5,971

-44,390

-93,848

-88,856

-85,490

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows provided by investing activities of discontinued operations, net

0

-12,864

-4,680

478,837

478,640

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows used for financing activities of discontinued operations, net

0

-26

-127

-200

-317

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash attributable to discontinued operations

-5,971

-57,280

-98,655

389,781

392,833

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash

-43,254

-47,713

-117,222

-14,550

-43,844

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash

-

-

-

-

-

-

-

-

-

1,841

-

-

-

65,096

157,517

-

132,474

127,969

55,576

4,157

-4,996

29,188

31,678

26,981

0

0

0