Viad Corp VVI Cash Flow

Viad corp (VVI)

CashFlow / TTM

Dec'19	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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities
Net income
23,523	27,450	31,532	41,009	49,395	30,149	37,342	41,836	58,184	75,840	64,883	56,453	42,795	46,053	19,187	22,023	27,048	22,046	44,699	29,028	55,567	56,687	38,864	38,315	21,686	5,470	13,778	13,558	6,583	21,262	2,489	937	9,743	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
58,964	56,539	56,379	56,967	56,842	56,979	56,626	56,033	55,114	54,036	50,852	46,517	42,743	39,397	35,918	34,893	35,231	35,979	34,703	32,683	30,792	28,517	27,895	27,924	27,967	27,876	29,164	30,034	30,133	30,804	29,833	29,114	29,126	0	0	0
Deferred income taxes
-10,398	7,429	8,838	759	5,350	28,913	28,364	21,168	26,049	11,539	11,402	9,426	7,672	-1,952	-1,702	44	469	-9,568	-19,399	-19,795	-9,731	-1,662	4,448	8,132	2,298	18,185	13,817	8,991	11,274	-5,714	1,096	-291	-924	0	0	0
(Income) loss from discontinued operations
-81	1,110	1,005	266	1,481	543	688	1,476	-268	-321	-441	-1,314	-684	-932	-874	-432	-394	1,133	317	-997	14,389	12,725	17,182	18,089	2,366	0	0	0	-	-	-	-	-	-	-	-
Restructuring charges
8,380	7,433	5,906	2,113	1,587	1,186	1,266	772	1,004	2,336	3,778	4,585	5,183	5,078	3,638	3,732	2,956	1,365	1,346	1,642	1,637	3,475	3,876	3,284	3,793	3,563	3,532	3,437	4,942	5,743	5,210	5,738	3,782	0	0	0
Legal settlement
8,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges (recoveries)
-	-	-	-	-	-	-	-	-29,098	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gains) losses on dispositions of property and other assets
1,475	330	145	5	-473	-820	-1,352	-1,397	-1,420	-285	-86	-46	54	257	653	803	690	873	789	608	958	434	460	500	265	273	273	355	206	134	163	51	42	0	0	0
Share-based compensation expense
7,190	6,262	6,725	6,359	4,870	6,541	8,984	9,687	10,969	12,813	10,286	8,971	8,038	5,426	4,241	3,683	3,848	4,499	3,533	3,770	2,930	3,214	4,357	3,793	5,221	6,277	6,745	7,834	7,232	5,653	4,974	4,697	4,413	0	0	0
Excess tax benefit from share-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	95	465	225	163	418	86	305	356	114	74	74	85	422	413	413	402	293	269	269	269	54	0	0	0
Other non-cash items, net
-3,791	-3,525	-3,852	-3,544	-4,306	-4,979	-5,337	-5,545	-5,029	-5,126	-6,949	-6,517	-6,167	-5,611	-3,492	-5,367	-5,394	-2,124	-5,608	-5,402	-5,386	-8,956	-5,402	-4,177	-4,870	-10,114	-10,330	-10,423	-10,157	-4,773	-4,814	-4,984	-4,659	0	0	0
Change in operating assets and liabilities (excluding the impact of acquisitions):
Receivables
16,959	21,939	19,899	18,490	6,200	-2,339	1,063	-10,626	2,338	-6,186	18,312	28,635	9,358	30,219	3,544	1,800	16,665	8,464	21,327	-4,124	10,441	16,514	9,053	12,514	-1,246	-12,311	-1,558	6,157	-142	26,280	-2,231	-1,182	18,092	0	0	0
Inventories
328	-1,608	3,048	2,517	1,573	1,945	-288	-961	-121	-12,326	-7,974	-9,186	-149	1,773	8,059	1,785	-4,872	1,761	-11,366	595	2,555	-2,772	8,751	-853	-7,663	-272	-17,723	-4,046	-195	-2,374	17,948	3,747	-3,729	0	0	0
Current contract costs
6,333	6,977	-1,661	603	4,976	3,262	4,492	2,928	-2,544	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
9,726	5,504	9,518	5,869	-1,645	1,520	-2,470	-16,537	7,546	-17,754	7,265	9,841	1,770	21,004	-818	-1,320	-2,619	5,726	15,873	1,589	18,128	7,161	9,352	8,802	-15,436	-17,258	-12,461	-247	4,310	17,979	7,136	-10,368	4,372	0	0	0
Restructuring liabilities
-	-	-	-2,071	-	-	-	-1,176	-1,954	-3,096	-3,530	-3,689	-3,866	-3,202	-2,735	-3,283	-2,572	-11,432	-9,946	-7,739	-5,276	-4,344	-4,181	-4,424	-4,841	5,704	5,097	5,328	4,694	3,287	3,449	3,072	3,888	0	0	0
Accrued compensation
6,853	1,765	-3,418	-4,159	-12,818	-9,972	-7,071	-5,274	-5,152	-7,188	-722	-9,233	-353	-2,536	-868	-1,537	1,469	2,995	564	-3,311	3,663	1,114	1,394	2,161	-11,707	-12,920	-5,408	-2,966	1,631	6,810	-6,795	-2,006	4,563	0	0	0
Contract liabilities
16,796	4,809	670	15,168	3,677	6,989	2,606	-3,931	-11,314	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	3,744	34,898	6,550	408	-1,055	-10,710	6,682	-6,406	3,108	1,427	-5,097	-20,965	-2,886	-23,002	-2,083	926	6,931	27,346	2,006	4,950	0	0	0
Income taxes payable
-	-	-	-215	-	-	-	1,551	5,820	6,148	-3,120	-5,756	-4,630	2,706	-3,429	-1,732	67	-89	2,559	997	1,543	2,376	692	524	218	-5,603	775	-70	467	3,455	-5,728	-2,861	-2,694	0	0	0
Other assets and liabilities, net
-12,788	-4,414	-113	9,893	-2,235	15,024	22,838	14,974	11,989	12,121	-5,176	-24,014	1,856	-9,593	3,676	5,345	-989	-3,612	-4,485	7,930	12,570	20,783	13,889	17,896	11,179	4,517	4,725	-2,656	583	536	3,933	8,365	8,456	0	0	0
Net cash provided by operating activities
108,140	90,125	98,672	102,034	90,595	99,190	84,484	76,566	112,223	99,539	105,139	115,517	100,318	99,356	76,635	59,052	60,277	52,421	67,945	51,184	58,090	60,734	41,955	36,800	6,055	27,713	44,466	60,826	69,186	68,474	45,754	17,177	34,736	0	0	0
Cash flows from investing activities
Capital expenditures
76,147	79,245	86,433	76,302	83,345	82,096	72,602	68,545	56,621	56,726	56,666	57,154	49,815	43,391	37,286	31,862	29,839	26,521	29,135	29,173	29,389	31,090	33,818	33,315	36,119	34,690	29,292	28,447	27,675	24,199	22,831	21,409	21,538	0	0	0
Proceeds from insurance
-	-	-	-	-	-	-	-	31,570	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for acquisitions, net
-	-	-	-	-	-	-	-	1,501	51,915	139,884	139,884	195,989	145,735	58,073	58,475	430	79,906	120,374	119,972	120,251	40,775	0	0	647	647	647	647	23,546	23,546	38,851	54,155	41,105	0	0	0
Proceeds from dispositions of property and other assets
1,583	627	401	397	925	1,533	1,577	1,536	947	1,126	820	1,487	1,166	1,472	1,799	1,735	1,542	1,451	1,443	742	1,109	966	448	694	464	128	587	486	322	319	344	225	440	0	0	0
Proceeds from sale of landdiscontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,645	0	0	0	-	-	-	-	-	-	-	-
Proceeds from possessory interest and personal propertydiscontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-165,556	-169,610	-158,950	-80,533	-87,048	-85,031	-50,809	-39,862	-25,605	-75,945	-188,844	-190,968	-244,638	-187,654	-93,560	-88,602	-28,727	-104,976	-145,066	-145,403	-120,531	-43,321	5,971	6,720	-21,961	-20,062	-28,968	-27,183	-49,474	-46,385	-60,297	-75,339	-62,203	0	0	0
Cash flows from financing activities
Proceeds from borrowings
200,473	215,703	200,356	138,889	146,580	130,766	117,481	108,468	90,004	137,275	227,275	197,275	229,701	168,000	75,000	80,000	50,000	156,512	194,512	199,512	189,512	88,000	45,000	30,000	20,000	0	0	0	-	-	-	-	-	-	-	-
Payments on debt and finance lease obligations
115,708	114,122	124,466	127,239	128,211	120,422	124,343	120,164	135,801	150,734	119,926	124,871	108,915	90,977	76,923	54,719	62,969	64,246	74,085	64,502	61,461	66,531	36,148	31,117	11,362	1,404	1,931	2,499	2,685	3,139	3,188	7,330	7,375	0	0	0
Dividends paid on common stock
8,094	8,086	8,093	8,136	8,154	8,169	8,178	8,168	8,160	8,151	8,138	8,125	8,111	8,095	8,078	8,060	8,036	8,033	7,861	7,870	38,387	89,193	89,382	89,397	58,914	8,120	6,897	5,675	4,454	3,235	3,234	3,239	3,241	0	0	0
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	336	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of payroll taxes on stock-based compensation through shares withheld or repurchased
3,046	3,049	3,179	3,246	1,209	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock purchased for treasury
-	-	-	-	-	-	-	-	-	1,315	1,275	1,275	722	719	-502	765	4,816	5,466	6,680	15,981	12,321	11,665	11,686	1,183	1,328	1,912	1,908	1,843	1,656	1,038	5,551	5,562	5,230	0	0	0
Excess tax benefit from share-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	95	465	225	163	418	86	305	356	114	74	74	85	422	413	413	402	293	269	269	269	54	0	0	0
Proceeds from exercise of stock options
-	-	-	-	84	0	0	0	-	-	-	-	-	-	-	-	1,041	1,041	2,135	-21	1,155	1,392	1,392	1,643	777	698	699	694	248	223	222	222	296	0	0	0
Net cash provided by (used in) financing activities
73,472	80,602	54,774	-18,729	-9,907	-8,828	-25,956	-21,568	-56,081	-23,021	97,873	62,944	111,582	68,334	-11,616	16,200	-25,258	77,327	106,655	109,823	76,941	-77,923	-90,750	-89,969	-50,405	-10,325	-9,624	-8,921	-8,254	-6,920	-11,482	-16,641	-16,497	0	0	0
Effect of exchange rate changes on cash and cash equivalents
1,050	51	1,696	-1,639	-2,470	-3,342	-2,375	1,770	2,286	227	-1,365	-3,394	-2,893	-2,668	-5,077	-3,168	-6,751	-6,377	-4,908	-5,087	-3,331	-2,694	-87	-1,942	-2,039	-1,433	-756	-602	2,337	4,507	-3,299	-1,946	-1,501	0	0	0
Net change in cash and cash equivalents
17,106	1,168	-3,808	1,133	-8,830	1,989	5,344	16,906	32,823	800	12,803	-15,901	-35,631	-22,632	-33,618	-16,518	-459	18,395	24,626	10,517	11,169	-63,204	-42,911	-48,391	-68,350	-4,107	5,118	24,120	13,795	19,676	-29,324	-76,749	-45,465	0	0	0
Supplemental disclosure of cash flow information
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	10,608	9,224	8,036	8,498	5,483	7,582	8,758	8,386	9,610	9,775	8,522	10,213	0	0	0
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,376	997	1,026	1,006	758	1,102	1,051	1,103	1,139	1,109	1,189	1,088	0	0	0
Property and equipment acquired under capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	911	623	692	832	783	1,110	1,218	1,011	920	793	996	1,327	0	0	0
Property and equipment purchases in accounts payable and accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-1,007	1,159	3,840	3,204	0	0	0	-	-	-	-	-	-	-	-