Tivity health, inc. (TVTY)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

61,230

64,731

49,643

52,364

56,091

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

2,485

-2,599

39,958

-151,821

-184,706

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

0

-

-13,429

-13,603

-14,188

-8,541

-2,647

581

6,740

8,024

-169,650

-165,215

-164,493

-157,693

0

0

0

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

61,956

50,775

23,572

15,076

7,126

4,667

4,372

4,025

3,687

3,357

3,419

7,557

19,339

31,292

43,075

50,318

49,958

49,855

-56,529

-55,389

-54,071

-53,378

53,542

53,115

52,594

52,791

53,000

53,308

53,094

51,734

50,878

50,086

49,728

49,988

0

0

0

Amortization and write-off of deferred loan costs

4,799

4,487

3,307

3,175

1,530

1,152

1,670

2,691

2,893

2,887

2,882

2,352

2,171

2,209

2,684

2,637

2,582

2,520

1,946

1,916

1,884

1,855

1,979

2,127

1,913

1,685

1,303

897

2,084

2,284

2,540

2,810

1,852

1,894

0

0

0

Amortization of debt discount

4,417

3,711

2,593

389

2,485

4,140

6,200

8,230

8,114

8,001

7,887

7,777

7,669

7,564

7,458

7,351

7,248

7,148

7,047

6,949

6,853

6,757

6,661

6,443

4,770

3,140

0

0

0

-

-

-

-

-

-

-

-

Share-based employee compensation expense

17,297

18,832

16,450

12,104

7,046

6,097

6,552

6,546

6,622

6,658

7,190

15,577

16,557

17,538

18,297

9,995

10,516

10,469

10,021

10,588

9,030

8,349

7,776

7,216

7,278

7,116

6,926

7,099

6,514

6,371

7,095

7,448

8,388

9,246

0

0

0

Impairment of goodwill and intangible assets

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale of TPHS business

-

-

-

-

-

-

-

-

-

-

-

0

-192,344

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in income from joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

271

485

-19,926

-20,097

-20,229

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-72,462

-52,076

12,162

21,020

22,750

25,485

37,202

37,434

39,053

40,935

40,616

-65,022

-66,779

-75,942

-86,883

4,312

-12,174

-5,916

-8,554

-6,033

2,445

-6,972

0

0

0

-

-

-

-

-1,334

-2,361

-2,325

-2,434

-3,572

0

0

0

Excess tax benefits from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

663

525

486

797

811

718

587

720

626

492

477

97

264

433

0

0

0

Decrease (increase) in accounts receivable, net

-39,505

8,283

1,537

2,175

30,722

12,311

13,134

13,431

192

3,939

-3,507

13,331

15,600

-8,330

-16,980

-21,807

-19,480

-16,971

10,820

6,330

9,978

38,130

29,568

26,887

20,027

-19,099

-16,827

-10,994

-2,723

23,439

20,979

21,663

19,587

7,452

0

0

0

Decrease in inventory

-119

-2,087

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in other current assets

-4,152

426

-3,674

-1,911

259

-1,610

-329

-707

-3,298

-820

694

-359

-423

-2,819

-7,786

-6,834

-4,515

-2,796

-280

-1,820

-2,536

-1,589

-1,131

-2,379

1,181

598

-2,343

2,674

-832

-2,984

-1,343

-1,463

-1,962

-6,960

0

0

0

Increase in accounts payable

-3,995

-10,052

-8,727

-4,098

7,376

-95

-445

-796

-2,660

-407

-925

-756

-864

-3,376

269

-2,647

-718

5,248

-471

-2,297

-11,931

-9,343

5,996

7,584

16,526

9,224

671

4,324

4,084

-995

-3,975

-7,548

-754

1,466

0

0

0

Decrease in accrued salaries and benefits

-477

3,608

-280

184

-2,074

-10,314

-5,762

-4,036

-2,969

-6,061

-6,524

-17,998

-12,928

-1,056

260

9,550

8,909

-801

51

1,292

-188

3,165

593

-1,179

-5,171

-5,780

-8,303

-8,810

-6,110

-12,980

-9,025

-8,771

-12,747

-8,932

0

0

0

Increase in other current liabilities

-21,570

-21,495

-14,705

-15,505

-5,041

-11,802

-10,184

-8,731

-10,263

-6,436

-13,880

-6,356

-170

-4,825

-2,980

-47

5,768

-11,764

-787

-3,377

-14,349

26,990

19,763

16,424

13,629

-1,196

327

4,284

12,365

13,637

6,188

3,360

3,112

2,676

0

0

0

Increase in deferred revenue

-260

-1,198

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

3,186

2,056

2,607

2,729

2,646

2,611

1,872

550

-755

-2,565

-4,308

-6,189

-6,876

-7,425

-1,712

-3,524

-2,091

940

-1,230

4,338

5,374

10,546

10,110

8,027

7,703

383

-2,913

-1,571

-3,627

-5,096

-3,512

-4,307

-4,171

-1,144

0

0

0

Net cash flows provided by operating activities

124,126

82,305

119,034

117,038

101,574

108,739

106,176

106,516

114,619

105,276

101,151

53,426

41,015

45,601

43,755

67,752

70,283

64,504

58,606

61,774

44,820

52,098

52,482

51,940

54,608

71,528

68,672

68,388

78,301

40,698

41,353

38,529

43,880

76,292

0

0

0

Cash flows from investing activities:
Acquisition of property and equipment

25,690

24,713

17,951

14,298

11,005

9,053

8,392

7,339

6,622

5,910

5,588

6,388

9,258

14,474

21,200

27,728

32,571

34,730

37,454

39,347

41,034

42,991

40,440

42,743

40,648

41,346

41,010

40,701

45,091

48,912

56,517

55,416

54,588

49,290

0

0

0

Investment in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

1,298

1,104

2,296

3,509

5,881

7,700

8,250

8,250

7,050

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Business acquisitions, net of cash acquired

-

1,062,818

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

787

1,057

1,108

1,110

1,121

1,122

1,135

1,165

1,164

-3,651

-2,054

-423

1,210

6,551

6,436

6,965

6,872

7,879

8,051

7,387

6,889

0

0

0

Net cash flows used in investing activities

-25,690

-1,087,531

-1,080,769

-1,077,116

-1,072,407

-7,637

-6,976

-5,923

-6,622

-5,910

-5,588

-34,540

-32,928

-38,872

-41,305

-21,607

-32,821

-37,363

-46,276

-48,732

-50,449

-51,205

-48,721

-50,446

-49,187

-49,893

-48,391

-47,967

-56,749

-60,477

-69,089

-91,683

-85,498

-79,702

0

0

0

Cash flows from financing activities:
Proceeds from issuance of long-term debt

497,370

1,611,970

1,585,320

1,639,695

1,519,950

253,425

216,100

112,700

271,875

373,450

449,875

547,790

494,141

515,666

508,016

511,326

553,631

572,981

577,832

546,182

510,751

467,126

388,800

349,125

354,875

352,850

416,476

414,500

745,175

755,550

743,073

806,149

435,278

439,621

0

0

0

Payments of long-term debt

530,195

574,329

580,092

707,199

531,877

373,536

320,062

154,804

342,412

449,084

542,872

581,709

506,496

527,115

514,691

544,072

592,835

597,837

591,887

555,628

519,266

481,515

426,456

509,176

506,131

529,874

566,420

445,327

772,205

736,355

727,412

739,572

385,273

417,490

0

0

0

Proceeds from non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,615

1,615

1,377

1,377

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments related to tax withholding for share-based compensation

7,186

4,733

9,143

9,499

9,210

9,762

4,766

4,813

4,490

4,481

4,535

8,217

8,371

7,699

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

663

525

486

797

811

718

587

720

626

492

477

97

264

433

0

0

0

Exercise of stock options

1,367

1,000

1,090

1,145

1,373

1,910

2,929

4,100

4,243

5,722

5,569

12,729

12,252

10,002

8,750

1,205

1,329

2,467

3,817

2,878

3,826

2,851

1,684

11,849

12,551

12,748

12,562

4,990

3,186

2,835

2,848

1,098

2,972

4,825

0

0

0

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,690

0

0

0

Deferred loan costs

-

30,189

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

391

142

4,172

4,580

5,264

5,210

1,180

3,291

2,547

2,547

2,547

-40

0

0

0

0

Principal payments related to financing leases

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cash overdraft and other

4,876

2,357

-6

3,575

934

410

3,337

1,318

1,756

2,533

2,361

13,118

-611

2,834

3,199

-7,697

5,767

1,648

1,011

-268

13,297

11,227

11,643

1,274

-11,320

526

-5,785

7,758

6,552

582

7,082

2,870

4,898

-709

0

0

0

Net cash flows provided by financing activities

-34,194

1,005,791

966,980

897,528

950,970

-127,553

-102,462

-41,499

-71,480

-74,312

-92,054

-19,165

-9,509

-6,736

-4,548

-43,984

-38,720

-25,395

-9,563

-7,380

10,317

-177

-3,985

-1,903

-5,394

-19,896

-19,390

-18,539

-19,957

20,557

23,521

53,861

38,357

2,990

0

0

0

Effect of exchange rate changes on cash

-

-12

-31

-41

-141

-56

-3

105

1,611

1,784

672

853

-1,008

-261

1,060

-204

600

-1,641

-2,710

-2,824

-3,094

-1,535

-883

585

-253

-914

-647

-953

-357

117

150

-340

71

220

0

0

0

Less: net (decrease) increase in discontinued operations cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

1,637

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

64,246

553

5,214

-62,591

-20,004

-26,507

-3,265

59,199

38,128

26,838

4,181

3,161

-205

1,369

204

2,956

-1,634

-283

411

848

1,941

-472

-1,107

176

-226

825

244

929

1,238

895

-4,065

367

-3,190

-200

0

0

0

Assets acquired through capital lease obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-