Urban one, inc. (UONEK)
CashFlow / TTM
Dec'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:
Consolidated net income

2,057

123,701

141,389

158,148

138,605

146,376

115,183

92,297

112,462

-12,652

-4,854

1,885

716

-19,603

-37,214

-57,637

-66,134

-50,600

-41,727

-34,461

-42,740

-48,107

-48,253

-51,397

-43,510

-45,012

-46,363

8,654

-54,116

-55,902

-53,042

1,760

12,903

0

0

0

Adjustments to reconcile consolidated net income to net cash from operating activities:
Depreciation and amortization

16,985

22,771

28,511

33,175

33,189

33,337

33,808

33,992

34,016

34,072

33,737

33,877

34,247

34,733

34,541

34,949

35,355

35,482

36,384

36,640

36,822

36,955

37,347

37,589

37,870

38,216

38,379

38,643

38,777

40,478

42,248

42,743

37,142

0

0

0

Amortization of debt financing costs

3,895

3,627

3,359

3,113

2,885

2,862

2,862

2,960

3,611

4,248

4,860

5,356

5,272

5,190

5,108

5,019

4,901

4,768

4,644

4,531

4,623

4,844

5,063

5,286

5,347

4,785

4,203

3,630

3,073

2,991

2,931

2,919

3,750

0

0

0

Amortization of content assets

48,283

45,648

45,022

44,288

43,796

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of content assets

-

-

-

-

-

-

-

-

44,219

51,903

51,169

50,206

52,511

50,664

51,041

51,743

50,858

48,805

48,624

47,885

47,086

50,330

52,157

53,416

50,412

53,392

49,026

47,803

47,328

39,544

40,373

39,860

31,539

0

0

0

Amortization of launch assets

1,027

877

726

574

422

425

427

486

432

405

318

173

142

656

1,228

1,785

2,645

4,517

6,386

8,301

9,913

9,938

9,968

9,968

9,967

9,968

9,965

9,963

9,961

0

0

0

-

-

-

-

Amortization of launch assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred income taxes

10,269

-116,082

-130,472

-149,118

-135,688

-128,913

-126,798

-111,128

-124,141

-952

8,886

7,287

9,114

-4,020

-3,572

7,627

14,486

30,957

35,483

34,281

34,256

34,594

33,349

29,209

27,308

27,513

28,498

-24,250

34,728

10,054

-2,848

84,691

64,151

0

0

0

Non-cash interest expense

2,033

1,513

987

483

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

10,600

18,500

18,500

14,700

21,256

6,556

22,948

35,704

29,148

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

14,880

14,880

11,170

1,683

313

0

0

0

-

-

-

-

Equity in income of affiliated company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,287

0

0

0

Stock-based compensation

4,784

3,668

2,920

3,846

4,711

6,336

6,858

5,890

4,647

3,037

2,164

2,771

3,410

3,631

3,865

4,298

5,107

5,218

4,263

3,130

1,594

217

211

193

191

189

171

170

171

2,378

3,100

4,253

5,146

0

0

0

Non-cash interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,089

21,969

27,867

26,541

26,023

0

0

0

Loss on retirement of debt

0

-2,794

-2,674

-2,048

-1,809

2,159

2,729

-4,980

-5,219

0

0

0

-

-

-

-

-

-

-

-

-5,679

-5,679

-5,679

-5,679

0

0

0

0

-

-

-

-

-7,743

0

0

0

Effect of change in operating assets and liabilities, net of assets acquired and disposed of:
Trade accounts receivable

-4,206

-550

7,595

5,571

1,411

-4,198

-5,785

-6,315

7,245

9,104

-62

3,851

-833

1,064

8,447

5,197

8,758

6,132

4,166

-734

-1,897

-3,346

-1,059

12,395

16,340

8,285

7,171

3,428

-1,931

-25,487

-23,537

4,693

-2,974

0

0

0

Prepaid expenses and other current assets

4,280

4,272

4,483

3,727

1,806

565

2,224

441

1,686

2,821

775

3,818

1,894

2,136

2,246

-4,170

779

1,110

529

8,944

1,426

558

1,500

-3,204

1,482

1,236

936

3,433

-1,300

-4,446

-4,360

-2,141

-3,245

0

0

0

Other assets

5,695

-2,874

-2,341

221

-788

2,020

4,194

91

-1,068

-2,276

-4,324

-1,714

-572

-706

-457

-824

-1,267

-313

-457

-1,252

-943

-1,601

-490

-262

-145

-680

-988

-3,391

-340

-48

-2,184

-736

-3,843

0

0

0

Accounts payable

-1,412

-474

-666

-35

-796

-1,638

2,101

371

572

2,368

-128

-1,441

-909

1,380

169

1,109

1,862

-4,242

-1,099

312

-691

-249

-1,595

689

1,859

-2,097

2,317

-1,704

-216

-2,533

-3,981

1,156

-2,823

0

0

0

Accrued interest

2,207

-976

-7,278

-2,463

-8,541

-136

-1,844

-275

-1,263

-158

-28

-255

-675

-46

-3,966

11,596

5,140

11,452

8,013

-457

6,395

-1,351

6,668

-1,133

-18

-163

61

-755

-854

-485

-434

1,841

2,145

0

0

0

Accrued compensation and related benefits

-4,130

-1,324

-2,058

-1,611

6,385

937

714

-207

-6,551

-2,718

-1,236

-552

2,270

-144

379

1,153

4,200

2,183

832

45

-5,226

-1,223

-154

-649

2,790

-512

-1,486

-2,619

184

-1,617

-1,558

173

-1,640

0

0

0

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-572

113

49

236

893

-1,037

-926

-1,307

-1,794

-1,237

-988

-890

123

0

0

0

Other liabilities

453

-589

-1,832

-3,507

-9,900

-3,389

2,087

2,218

2,895

496

2,978

4,095

6,238

15,406

14,497

10,973

10,639

6,132

2,473

8,353

1,123

-1,556

-1,432

-2,822

150

414

2,167

5,976

4,363

-17,378

-10,896

-10,789

-13,788

0

0

0

Payments for content assets

45,450

45,699

47,449

49,642

45,475

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for content assets

-

-

-

-

-

-

-

-

52,837

52,973

53,934

59,610

61,181

0

0

0

-

-

50,607

48,336

45,756

49,601

45,660

52,540

52,596

51,755

57,582

56,721

54,984

54,269

50,199

34,126

23,412

0

0

0

Net cash flows used in operating activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-837

-1,225

-1,147

-981

-147

357

-280

331

377

0

0

0

Net cash flows provided by operating activities

58,505

57,107

44,596

44,480

50,229

52,703

50,395

52,976

28,307

33,400

47,814

35,420

48,249

0

0

0

-

-

-

53,295

53,920

44,943

57,360

38,326

37,029

38,735

32,188

32,766

45,447

44,443

49,997

36,380

31,606

0

0

0

Purchases of property and equipment

5,145

4,656

4,460

4,221

4,428

6,681

6,004

6,900

7,445

5,626

6,306

5,374

5,164

5,355

5,206

5,664

7,339

6,927

6,691

6,789

5,537

6,640

6,692

8,646

9,194

10,119

11,631

11,745

12,485

13,570

12,547

10,593

9,445

0

0

0

Proceeds from sale of radio station

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

225

225

225

225

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sales of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,524

3,524

3,980

3,494

482

1,094

938

1,185

1,665

3,889

4,308

5,766

9,122

0

0

0

-

-

-

0

Purchases of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

591

612

620

552

930

1,014

1,315

1,693

2,544

4,437

4,227

4,110

2,627

0

0

0

-

-

-

0

Acquisition of station and broadcasting assets

-

-

-

-

-

-

-

-

-

-

-

-

2,000

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,000

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Net cash flows provided by investing activities

8,355

8,444

3,168

3,407

3,200

1,347

-4,004

13,100

12,555

-20,626

-23,306

-40,374

-42,164

0

0

0

-

-

-

-6,047

-15,100

-13,475

-13,984

-16,069

-6,073

-8,721

-9,604

-8,143

-8,044

-7,913

-7,510

58,163

55,800

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Premium paid on repayment of senior subordinated notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds from 2017 Credit Facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

335,000

335,000

335,000

335,000

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds from 2018 Credit Facility

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

378,280

0

0

0

Repayment of Comcast Note

11,872

11,872

11,872

11,872

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt refinancing costs and original issue discount

-

-

-

-

-

-

-

-

-

-

-

-

421

421

403

23,157

23,480

23,693

23,693

636

4,685

4,439

4,449

4,449

0

2,572

2,563

2,567

2,557

74

271

393

6,253

0

0

0

Distribution of contingent consideration

658

1,054

1,291

1,232

1,148

752

506

195

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of dividends to noncontrolling interest members of TV One

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,883

12,256

20,551

26,581

24,643

21,877

19,538

17,059

21,479

17,728

13,733

11,457

7,741

0

0

0

-

-

-

-

Proceeds from exercise of stock options

29

38

38

123

94

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of 2020 Notes

2,037

245,000

249,863

263,104

271,855

48,162

62,668

49,427

38,639

0

0

0

-

-

-

-

-

-

-

-

0

327,034

327,034

327,034

747

747

747

747

0

0

0

0

-

-

-

-

Payment of dividends to noncontrolling interest members of Reach Media

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Repayment of Credit Facility

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

370,200

370,282

370,364

370,457

4,921

4,924

4,926

4,918

3,840

3,840

3,841

3,821

5,784

5,789

5,794

6,784

3,860

356,576

0

0

0

Repurchase of common stock

5,515

7,361

7,909

7,665

8,168

6,692

6,493

6,994

4,958

4,396

4,897

3,850

3,584

3,584

1,720

2,072

1,423

0

0

0

-

-

-

-

5,469

5,469

4,257

1,526

0

0

0

0

-

-

-

-

Net cash flows used in financing activities

-49,204

-79,746

-69,352

-85,534

-75,350

-60,899

-74,960

-62,851

-49,832

-32,001

-13,151

-26,846

-26,680

0

0

0

-

-

-

-32,013

-27,715

-24,705

-23,580

-22,879

-31,535

-30,357

-25,121

-22,081

-16,087

-21,041

-29,616

-84,476

-60,659

0

0

0

INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

17,656

-14,195

-21,588

-37,647

-21,921

-6,849

-28,569

3,225

-8,970

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

6,763

19,796

-622

-579

-343

-2,537

2,542

21,316

15,489

12,871

10,067

26,747

0

0

0

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for: Interest

73,255

76,662

82,495

77,011

82,258

73,971

76,630

75,668

77,073

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80,800

64,816

69,934

62,612

65,109

72,862

68,536

79,105

73,674

84,340

83,612

83,934

84,027

78,527

73,307

67,591

61,757

60,765

56,072

0

0

0

Cash paid for: Income taxes, net of refunds

136

327

391

501

1,158

1,200

1,218

1,121

540

608

581

537

475

509

473

397

346

347

461

497

1,016

1,212

1,317

1,078

513

490

539

753

805

0

0

0

-

-

-

-

NON-CASH OPERATING, FINANCING AND INVESTING ACTIVITIES:
Issuance of common stock

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2018 Credit Facility [Member]
Repayment of Credit Facility

24,854

21,254

14,162

10,562

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2017 Credit Facility [Member]
Repayment of Credit Facility

3,297

23,297

23,347

23,398

23,449

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-