WASTE CONNECTIONS, INC. WCN Cash Flow

Waste connections, inc. (WCN)

CashFlow / TTM

Mar'20	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
Cash flows from operating activities:
Net income (loss)
583,997	566,681	566,033	557,724	547,699	547,154	729,740	702,359	687,432	577,420	347,994	313,491	217,324	247,321	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Loss on disposal of assets and impairments
-44,355	-60,592	-35,193	-19,027	-23,702	-10,193	-19,245	-15,973	-7,467	-134,491	-145,267	-154,840	-156,397	-26,741	0	0	0
Depreciation
622,370	618,396	610,458	600,697	586,370	572,708	559,045	547,754	538,132	530,187	517,620	506,422	457,943	393,600	0	0	0
Amortization of leases
22,238	24,099	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangibles
126,618	125,522	122,156	117,092	112,223	107,779	104,855	104,598	102,885	102,297	98,479	98,809	88,128	70,312	0	0	0
Foreign currency transaction loss
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Deferred income taxes, net of acquisitions
67,770	54,637	73,575	70,371	67,028	77,859	-96,547	-116,506	-105,798	-153,283	-4,641	6,557	-1,703	42,298	0	0	0
Amortization of debt issuance costs
7,273	5,001	4,779	4,491	4,230	4,158	4,207	4,321	4,404	4,341	4,191	4,106	5,190	4,847	0	0	0
Share-based compensation
40,549	42,671	43,879	50,304	49,791	43,803	42,388	36,259	35,551	39,361	41,703	41,731	52,463	44,772	0	0	0
Interest income on restricted investments
-	-	-	-	-	-	-	-	-	-	0	0	485	-	0	0	0
Interest accretion
16,806	16,426	16,009	15,601	15,168	14,861	14,551	14,338	14,063	13,822	13,873	13,763	12,464	10,505	0	0	0
Excess tax benefit associated with equity-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	5,196	0	0	0
Payment of contingent consideration recorded in earnings
-	-	-	-	-	11	0	0	0	-	-	-	-	493	0	0	0
Adjustments to contingent consideration
-	1,498	1,466	1,466	1,113	349	349	7,090	7,143	17,754	17,694	10,885	8,765	-2,623	0	0	0
Other
-213	2,240	553	635	-697	-943	0	0	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of effects from acquisitions:
Net change in operating assets and liabilities, net of acquisitions
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Net cash provided by operating activities
1,546,361	1,540,547	1,558,873	1,499,352	1,467,760	1,411,235	1,336,677	1,300,285	1,207,029	1,187,260	1,144,856	1,087,572	918,074	795,312	0	0	0
Cash flows from investing activities:
Payments for acquisitions, net of cash acquired
727,633	736,610	750,419	725,994	533,047	830,091	516,757	548,278	378,394	410,695	397,430	352,526	357,841	17,131	0	0	0
Capital expenditures for property and equipment
657,949	634,406	606,159	598,223	569,167	546,145	535,414	478,382	479,298	479,287	457,174	435,253	379,353	344,723	0	0	0
Proceeds from disposal of assets
6,426	3,566	4,313	4,509	5,022	5,385	6,304	9,889	10,619	28,432	27,404	23,661	22,738	4,604	0	0	0
Change in restricted investments, net of interest income
0	-	-	-	-	-	-	-	-	-	0	0	2,111	-	0	0	0
Other
-2,088	-310	927	962	392	969	-3,533	-2,291	-1,182	-636	6,549	7,136	6,897	6,100	0	0	0
Net cash used in investing activities
-1,431,586	-1,426,006	-1,387,046	-1,326,876	-1,097,584	-1,371,820	-1,044,254	-1,013,712	-844,468	-860,914	-826,640	-767,111	-652,267	-292,581	0	0	0
Cash flows from financing activities:
Proceeds from long-term debt
3,311,066	1,575,795	1,878,795	1,873,155	1,042,466	1,022,737	242,544	274,538	573,293	973,754	958,877	981,565	3,790,375	3,469,289	0	0	0
Principal payments on notes payable and long-term debt
2,389,053	1,470,711	1,767,238	1,767,225	916,012	970,773	491,082	522,481	706,544	770,106	768,005	838,801	3,687,394	3,714,044	0	0	0
Payment of contingent consideration recorded at acquisition date
4,901	3,200	2,289	1,701	4,197	6,127	16,777	16,569	14,073	17,158	10,057	17,778	19,395	16,322	0	0	0
Change in book overdraft
-3,628	-2,564	1,315	-241	-3,328	-839	-5,816	-12,370	-12,101	8,241	6,459	16,176	18,893	-1,305	0	0	0
Proceeds from option and warrant exercises
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Excess tax benefit associated with equity-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	5,196	0	0	0
Payments for repurchase of common shares
0	-	-	-	-	58,928	0	0	0	-	-	-	-	-	-	-	-
Payments for cash dividends
181,001	175,067	168,451	163,181	157,820	152,550	147,221	142,096	137,082	131,975	126,747	120,425	106,463	92,547	0	0	0
Tax withholdings related to net share settlements of equity-based compensation
23,777	17,660	17,648	17,707	17,884	15,032	15,216	14,962	15,085	13,994	13,790	13,769	14,895	11,497	0	0	0
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Debt issuance costs
0	-	-	-	-	8,630	2,868	2,905	5,222	3,667	0	0	0	-	-	-	-
Proceeds from sale of common shares held in trust
1,105	4,036	4,322	4,216	4,330	2,667	4,491	5,225	10,392	10,814	0	0	0	-	-	-	-
Other
-	-	-	-	-	-103	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
586,698	-95,894	-99,928	-101,400	-75,775	-187,578	-474,088	-473,764	-349,660	56,760	57,230	23,086	-8,070	-354,869	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-1,949	608	-619	-105	-1,115	-1,290	291	208	1,726	1,795	0	0	0	-	-	-	-
Net increase in cash, cash equivalents and restricted cash
699,524	19,255	71,280	70,971	293,286	-149,453	-181,374	-186,983	14,627	384,901	376,307	343,844	257,226	147,264	0	0	0
Plus (less): change in cash held for sale
-	-	-	-	-	-192	-69	-188	22	150	0	0	0	-	-	-	-
SUPPLEMENTARY DISCLOSURES OF CASH FLOW INFORMATION AND NON-CASH TRANSACTIONS:
Payments for acquisitions, net of cash acquired
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed and notes payable issued to sellers of businesses acquired
-	-	-	-	-	279,296	100,827	106,869	61,654	143,569	140,603	138,897	2,714,913	2,569,142	0	0	0
Non-cash consideration received for asset sales
-	-	-	-	-	-	-	-	-	12,573	0	0	0	-	-	-	-