U.s. concrete, inc. (USCR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)

16,300

31,300

25,600

8,900

-5,414

20,582

-20,129

-25,739

-11,703

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

93,200

91,800

67,800

54,900

43,570

23,849

19,016

16,328

19,662

Amortization of debt issuance costs

1,800

1,800

2,000

1,800

1,795

1,679

2,164

4,089

3,723

Amortization of discount on long-term incentive plan and other accrued interest

-

-

-

-

427

-

-

-

-

Amortization of facility exit costs

-

-

-

-

-

-

142

89

0

Amortization of premium on long-term debt

-

-

-

-

0

425

512

104

0

Derivative, Gain (Loss) on Derivative, Net

-

-

-

-19,900

-60,016

-3,556

-29,964

-19,725

13,422

Change in value of contingent consideration

2,800

0

7,900

5,200

932

-

-

-

-

Net loss on revaluation of contingent consideration

-

-

-

-

-

0

0

-

-

Gain on sale of businesses and assets, net

100

15,300

700

1,400

275

1,265

13

2,803

1,221

Gains from eminent domain matter and property insurance claims

6,000

0

0

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-12,000

0

11

985

-2,630

0

Impairment of goodwill and other assets

0

1,300

6,200

0

0

900

0

0

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

0

-

-

-

Deferred income taxes

12,200

14,600

-3,400

16,800

-12,579

864

818

-4,014

374

Provision for doubtful accounts and customer disputes

3,200

4,600

4,600

3,000

4,198

1,533

1,103

1,304

1,970

Facility exit costs

-

-

-

-

-

-

-

358

0

Stock-based compensation

19,100

10,400

8,300

7,100

5,824

3,655

5,429

2,512

2,065

Other, net

2,200

1,300

-300

-600

-

-

-

-

-

Unrealized foreign exchange gain

-

-

-

-

0

-

-

-

-

Deferred rent

-

-

-

-

-

-

-510

0

-

Changes in assets and liabilities, excluding effects of acquisitions:
Accounts receivable

8,600

16,900

5,700

25,600

37,766

13,466

8,982

4,858

9,631

Inventories

7,800

2,100

-600

3,800

383

2,534

2,574

209

3,460

Prepaid expenses and other current assets

-8,800

2,000

2,800

2,300

886

-217

-2,497

2,405

-879

Other assets and liabilities

-3,900

3,000

-2,600

-2,200

1,341

380

2,732

338

152

Accounts payable and accrued liabilities

2,200

7,600

-18,500

16,700

46,143

11,311

-2,276

4,127

9,372

Net cash provided by operating activities

138,800

122,800

94,800

116,000

104,261

50,915

24,180

10,722

-1,544

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment

42,700

39,900

42,700

40,400

24,977

32,584

19,988

8,405

6,361

Payments for acquisitions, net of cash acquired

0

72,300

295,100

127,900

135,347

89,602

4,410

28,578

250

Proceeds from sale of businesses and property, plant and equipment

2,900

20,700

3,500

4,300

1,312

3,708

627

5,155

2,682

Proceeds from eminent domain matter and property insurance claims

6,000

2,600

0

-

-

-

-

-

-

Purchase of environmental credits

0

2,800

0

0

-

-

-

-

-

Proceeds from disposal of businesses

-

-

-

-

1,177

0

2,333

-27,022

0

Insurance proceeds from property loss claims

-

-

-

1,300

0

0

-

-

-

Net cash used in investing activities

-33,800

-91,700

-334,300

-162,700

-157,835

-118,478

-26,104

-4,806

-3,929

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from revolver borrowings

353,500

431,200

54,400

128,900

206,809

213

137,302

172,546

150,239

Repayments of revolver borrowings

368,500

425,200

45,400

173,900

161,809

213

150,602

174,509

143,442

Proceeds from issuance of debt

0

0

211,500

400,000

0

0

200,000

0

-

Repayments of debt

-

-

-

200,000

117

0

61,113

0

-

Premium paid on early retirement of debt

-

-

-

8,500

0

0

-

-

-

Proceeds from stock option exercises

200

100

2,700

300

546

396

224

0

-

Payments of other long-term obligations

32,800

29,600

20,300

13,400

8,611

5,194

0

0

-

Payments for finance leases, promissory notes and other

33,400

5,900

9,000

4,700

2,298

2,250

1,995

1,277

1,595

Shares redeemed for employee income tax obligations

3,200

1,900

3,100

2,900

-

-

-

-

-

Other treasury share purchases

-

-

-

-

-

2,056

4,913

329

-

Proceeds from finance lease

0

4,600

0

600

0

0

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

0

-

-

-

Debt issuance costs

0

0

4,500

7,800

893

974

9,063

1,825

375

Shares redeemed for employee income tax obligations

0

6,700

0

0

6,330

4,824

0

0

415

Net cash provided by (used in) financing activities

-84,200

-33,400

186,300

118,600

27,297

-14,902

109,840

-5,394

4,412

EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS

-200

-300

0

0

0

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

20,600

-2,600

-53,200

71,900

-26,277

-82,465

107,916

522

-1,061

Supplemental Disclosure of Cash Flow Information:
Net cash paid for interest

45,500

45,500

41,000

24,500

19,503

18,636

7,324

7,258

7,180

Net cash paid for income taxes

-7,300

2,500

28,100

6,700

1,949

1,464

305

263

324

Supplemental Disclosure of Non-cash Investing and Financing Activities:
Capital expenditures funded by finance leases and promissory notes

20,600

39,400

46,200

30,700

23,450

11,161

11,891

0

-

Conversion of convertible debt to equity

-

-

-

-

-

-

6,381

0

-

Acquisitions funded by contingent consideration and deferred payments

0

1,100

29,500

7,500

50,805

0

0

-

-

Dispositions funded through promissory note and deferred payments

-

-

-

-

3,380

0

0

-

-

Eliminations and Reclassifications
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-39,500

-66,300

-50,800

-51,800

-

-

-

-

-

Depreciation, depletion and amortization

-

-

-

0

-

-

-

-

-

Derivative, Gain (Loss) on Derivative, Net

-

-

-

0

-

-

-

-

-

Change in value of contingent consideration

0

0

0

0

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

0

-

-

-

-

-

Impairment of goodwill and other assets

-

0

0

-

-

-

-

-

-

Net cash provided by operating activities

18,000

-3,100

15,300

0

-

-

-

-

-

Purchases of property, plant and equipment

0

0

0

0

-

-

-

-

-

Payments for acquisitions, net of cash acquired

-

0

0

0

-

-

-

-

-

Proceeds from sale of businesses and property, plant and equipment

0

0

0

0

-

-

-

-

-

Purchase of environmental credits

-

0

-

-

-

-

-

-

-

Insurance proceeds from property loss claims

-

-

-

0

-

-

-

-

-

Net cash used in investing activities

-1,000

-6,500

1,800

1,500

-

-

-

-

-

Proceeds from revolver borrowings

0

0

0

0

-

-

-

-

-

Repayments of revolver borrowings

0

0

0

0

-

-

-

-

-

Repayments of debt

-

-

-

0

-

-

-

-

-

Premium paid on early retirement of debt

-

-

-

0

-

-

-

-

-

Proceeds from warrant and stock option exercises

0

0

0

0

-

-

-

-

-

Payments for finance leases, promissory notes and other

0

0

0

0

-

-

-

-

-

Payments of other long-term obligations

0

0

0

0

-

-

-

-

-

Shares redeemed for employee income tax obligations

0

0

0

0

-

-

-

-

-

Other proceeds

-

0

-

0

-

-

-

-

-

Debt issuance costs

-

-

0

0

-

-

-

-

-

Payments for Share Repurchase Program

-

0

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-17,000

9,600

-17,100

-1,500

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

0

-

-

-

-

-