Townsquare Media, Inc. TSQ Cash Flow

Townsquare media, inc. (TSQ)

CashFlow / TTM

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
Cash flows from operating activities:
Net (loss) income, controlling interests
-	-	-	-	-	-	-	-	-	-	21,469	-	22,235	22,873	8,273	9,830	0	0	0	-	-	-	0
Net (loss) income, non-controlling interests
-	-	-	-	-	-	-	-	-	-	199	-	239	193	459	416	0	0	0	-	-	-	0
Net income (loss)
-2,544	-713	-9,776	-31,575	-42,384	-37,785	-33,854	-10,273	20,059	21,632	21,668	23,293	22,474	23,066	8,732	10,246	12,889	-37,150	-16,292	-16,953	0	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-1,658	-1,146	-8,189	-31,081	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-886	433	-1,587	-494	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile income from continuing operations to net cash flows from operating activities
Depreciation and amortization
26,088	22,574	21,086	18,961	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	0	0	24,231	-	23,321	22,419	20,029	17,577	15,979	15,444	16,162	16,878	0	0	0
Amortization of deferred financing costs
1,412	1,394	1,510	1,516	1,554	1,556	1,557	1,646	1,609	1,622	1,671	1,580	1,597	1,612	1,525	1,720	1,958	2,815	3,112	3,161	0	0	0
Net deferred taxes and other
-161	1,147	277	699	-10,513	-9,467	-4,820	-8,080	13,154	18,368	14,215	15,238	15,518	16,526	6,732	7,737	9,708	4,494	10,605	10,507	0	0	0
Provision for doubtful accounts
3,444	3,975	4,359	4,665	2,484	2,576	2,232	2,174	2,533	1,722	1,763	1,882	2,406	2,427	2,140	1,170	483	954	1,096	1,903	0	0	0
Stock-based compensation expense
2,635	2,700	2,286	1,600	1,184	780	702	700	4,186	4,199	4,236	4,300	663	3,332	4,530	4,278	4,278	38,983	37,580	37,739	0	0	0
Trade activity, net
11,350	11,470	11,913	13,245	14,636	14,026	13,445	11,754	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of debt
-	-	-	-	-	-	-	-	-	-	-	546	0	0	0	-	-	-	-	-	-	-	-
Non-cash interest expense
-3	-8	-13	-18	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,036	1,796	0	0	0
Amortization of bond premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-424	-847	-1,271	-1,695	-1,695	0	0	0
Write-off of deferred financing costs
43	43	36	133	97	97	97	83	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long lived and intangible assets
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of deferred financing costs
43	43	36	133	97	97	97	83	121	120	459	376	0	0	0	-	-	-	-	-	-	-	-
Net loss (gain) on sale of assets
-127	19	386	415	667	727	-378	-386	-663	-300	-662	-298	-153	11,330	12,388	12,029	11,891	-240	-193	-90	0	0	0
Changes in assets and liabilities, net of acquisitions:
Accounts receivable
93	2,308	2,274	1,234	1,438	-2,109	636	849	-1,963	-2,975	-5,166	-3,830	-5,512	-305	-1,111	-3,342	4,517	816	1,739	6,757	0	0	0
Prepaid expenses and other assets
-5,647	230	-648	370	-158	-401	-1,230	599	-3,170	-5,228	-4,649	-2,011	7,411	9,340	12,663	6,805	2,567	203	2,152	-1,747	0	0	0
Accounts payable
1,974	-5,666	-1,154	-3,311	-3,692	3,000	-457	-153	-3,597	-10,412	-1,657	-2,112	-1,519	3,921	-3,167	33	-626	-1,218	-730	-2,086	0	0	0
Accrued expenses
-7,230	-7,669	-3,734	3,266	7,197	369	-1,328	4,943	2,760	2,373	-2,144	-2,258	-2,866	2,227	1,027	1,657	2,288	1,792	3,535	-941	0	0	0
Accrued interest
-31	132	69	-989	86	75	113	1,107	29	28	-568	-258	-582	-288	-9,160	-4,335	-8,711	-4,420	288	-166	0	0	0
Other long-term liabilities
-6,355	-659	186	-831	-831	-831	-831	-831	-1,022	-1,015	-1,007	-1,076	-877	2,390	2,597	2,884	3,093	56	49	39	0	0	0
Net cash provided by operating activities - continuing operations
52,619	41,727	46,523	47,060	46,333	49,035	49,941	49,452	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities - discontinued operations
-1,785	-2,103	-3,367	-10,426	-9,213	939	-3,490	1,536	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
50,834	39,624	43,156	36,634	37,120	49,974	46,451	50,988	43,285	46,387	58,390	58,374	52,063	53,755	9,903	25,943	24,085	22,239	51,048	45,262	0	0	0
Cash flows from investing activities:
Acquisition of intangibles
-	-	-	-	-	-	-	150	161	161	161	11	45	345	345	377	632	342	311	510	0	0	0
Purchase of property and equipment
19,991	18,293	18,734	18,121	16,869	16,812	15,238	16,471	10,487	11,035	14,193	15,036	21,615	21,328	18,087	14,724	12,379	14,715	14,669	13,531	0	0	0
Payments for acquisitions, net of cash acquired
4,368	21,067	24,740	24,785	21,143	7,078	3,756	5,511	4,965	3,194	3,213	1,410	4,005	69,980	73,540	76,213	96,003	31,833	28,749	26,076	0	0	0
Proceeds from insurance settlement
-	-	-	-	-	-	-	-	-	-	-	451	451	451	901	450	0	0	0	-	-	-	-
Proceeds from sale of assets
437	298	863	850	1,536	1,528	866	977	113	582	891	1,572	1,760	20,169	19,876	19,087	18,959	289	314	408	0	0	0
Net cash used in investing activities - continuing operations
-23,922	-39,062	-42,611	-42,056	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by investing activities - discontinued operations
11,105	11,093	26,602	23,792	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-12,817	-27,969	-16,009	-18,264	-13,886	-2,425	-26,922	-28,929	-28,614	-24,257	-23,206	-20,964	-23,454	-71,033	-71,195	-71,777	-89,605	-46,151	-43,415	-39,709	0	0	0
Cash flows from financing activities:
Repayment of bank debt
1,813	1,813	1,813	11,332	9,519	9,519	9,519	6,662	8,577	8,577	25,391	19,375	17,460	38,261	553,914	553,552	553,836	655,732	123,775	123,746	0	0	0
Offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92	-6,734	3,318	3,318	3,219	0	0	0
Dividend payments
8,267	8,259	8,238	6,179	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of employee stock options
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Cash distribution to non-controlling interests
2,592	1,310	1,803	524	642	886	384	421	299	105	160	144	374	474	450	444	676	526	491	468	0	0	0
Deferred financing costs
-	-	-	-	-	-	-	526	432	432	432	0	0	0	0	-	-	-	-	440	0	0	0
Repayments of capitalized obligations
17	5	5	5	5	6	-476	91	134	175	697	171	168	165	162	159	157	155	155	151	0	0	0
Net cash used in financing activities - continuing operations
-11,760	-10,308	-11,861	-18,042	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities - discontinued operations
0	0	0	-19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-11,760	-10,308	-11,861	-18,061	-14,420	-12,624	-10,048	-7,954	-9,752	-9,581	-26,451	-19,715	-17,940	4,610	54,159	54,431	63,788	6,599	-26,759	-26,738	0	0	0
Effect of exchange rate changes
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes
-	-	-	-	-	-	-	-	-	-	-345	-877	-315	-107	-260	239	0	0	0	-	-	-	-
Net increase (decrease) in cash and cash equivalents and restricted cash
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and restricted cash
-	-	-	-	-	-	-	-	-	-	0	-	-	-12,775	-7,393	8,836	-1,858	-17,313	-19,126	-21,185	0	0	0
Supplemental Disclosure of Cash Flow Information:
Cash payments:
Interest
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Income taxes
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Barter revenue included in net revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-
Barter expense included in direct operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-
Common stock, joint venture acquisition
-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-
Barter revenue included in net revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Barter expense included in direct operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0