World wrestling entertainment, inc (WWE)
CashFlow / Quarterly
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'11Dec'10Sep'10Jun'10Mar'10
OPERATING ACTIVITIES:
Net income (loss)

26,173

69,253

5,790

10,414

-8,396

41,218

33,590

9,945

14,835

4,813

21,854

5,085

888

8,019

11,075

862

13,885

-1,113

10,365

5,119

9,773

-1,618

-5,921

-14,497

-8,036

-7,890

2,438

5,182

3,034

633

3,527

11,941

15,331

-8,629

10,591

14,267

8,603

8,127

14,337

6,251

24,737

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Amortization and impairments of content production assets

8,911

-

-

-

8,952

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of television production assets

-

-

-

-

-

9,034

7,716

9,669

3,149

7,504

2,912

5,105

5,616

7,811

1,553

9,438

8,131

4,223

16,314

3,211

6,843

6,432

5,121

11,483

2,831

2,986

4,026

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and impairments of feature film production assets

-

-

-

-

-

2,966

2,331

1,314

2,211

8,312

3,262

3,072

2,731

-

-

-

-

-

-

-

-

-

1,141

632

1,437

-

8,013

1,372

6,074

1,023

2,132

1,085

4,559

15,910

8,151

6,469

9,212

5,986

4,507

1,167

1,340

Depreciation and amortization

12,093

11,776

11,754

8,019

8,003

7,676

7,476

8,699

7,916

7,749

7,676

8,071

8,534

7,916

7,548

7,196

6,736

6,509

6,552

6,677

6,892

6,965

8,428

8,606

5,008

6,650

6,503

6,084

5,232

5,978

5,307

4,821

3,918

4,108

3,593

3,644

3,635

3,246

3,211

3,411

1,839

Equity in earnings of affiliate, net of dividends received

-

-

-

-

-

-

-

-

-

-

-

-

-

-

310

-38

128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other amortization

4,268

3,550

3,399

3,460

3,496

1,475

1,556

1,543

1,568

2,001

1,597

1,618

1,543

754

495

576

578

571

527

536

501

456

432

536

517

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on equity investments

-11,718

-101

-568

-2,446

-194

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Services provided in exchange for equity instruments

-231

-1,211

-467

-321

-760

-503

-608

-889

-767

-630

-696

-672

-722

-409

-779

-947

-758

-750

-1,580

0

-100

-

-

-

-

-

220

219

220

-

-

-

-

-

-

-

-

-

-

-

-

Realized gains on sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

3

0

52

Amortization of bond premium

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

698

-551

-538

-

-587

-587

-571

-622

-666

-667

-625

-541

-510

-410

-366

Amortization of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,280

125

154

-

154

153

154

154

51

0

0

-

-

-

-

Stock-based compensation

13,065

-2,836

7,740

11,664

12,828

4,996

11,776

15,459

7,073

6,189

5,180

6,167

6,615

2,543

5,967

6,429

3,160

5,140

4,305

5,308

2,479

1,047

1,597

1,770

3,130

1,982

785

1,543

1,215

1,054

1,035

1,016

740

176

140

1,498

1,054

1,057

1,565

2,610

2,347

Gain on Revaluation of Warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,162

326

130

96

Provision for (recovery from) doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-243

-66

-101

-

-77

224

222

1,567

-407

97

-93

350

-172

132

-316

1,279

315

54

835

-709

525

69

-577

811

569

882

-1,488

Loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

102

-425

-

70

0

-110

-1,376

0

0

0

-

-

-

-

Provision for inventory obsolescence

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

569

-13

974

Benefit from deferred income taxes

-840

9,463

-47

1,285

-780

1,692

-2,626

-2,167

2,043

9,056

4,528

-56

44

982

9,033

199

1,939

884

-1,874

-1,863

-6,821

-3,718

-5,893

-21,008

5,140

-2,618

1,872

1,712

456

4,131

4,553

-24

-2,477

-2,076

1,159

-3,854

-1,653

6,536

-3,462

-1,790

-3,694

Other non-cash adjustments

-4,767

-4,694

-4,788

-431

-1,035

-145

266

-2,104

-41

-1,386

-33

194

222

-963

-778

179

99

706

-888

26

40

-296

-64

-122

-12

-900

-212

29

34

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

173

23

6

-

118

52

-32

35

2,530

36

157

Cash (used in)/provided by changes in operating assets and liabilities:
Accounts receivable

21,372

-22,735

10,947

77,263

-23,989

-4,692

1,052

4,695

2,472

-6,523

16,442

2,200

388

-10,373

8,139

5,262

-8,487

4,472

15,603

-16,068

15,140

-14,906

3,564

-14,275

7,709

-8,941

11,948

2,289

3,676

-7,380

12,038

-2,794

-6,424

4,781

1,163

-279

-3,750

1,100

4,207

-15,643

428

Inventory

503

-275

916

-1,160

1,018

-1,157

318

-1,391

1,651

-147

104

920

924

-1,404

561

-448

1,655

641

-456

62

1,185

196

511

-375

1,529

342

804

-1,370

1,327

-419

513

109

-91

-776

578

-147

-84

-1,273

771

-306

713

Prepaid expenses and other assets

-6,696

-11,439

10,578

-11,206

9,425

-12,381

15,101

-6,747

12,000

-8,944

3,381

-3,428

8,860

-4,472

7,950

3,542

8,454

-3,145

4,261

1,865

499

10,663

751

-13,220

11,065

1,469

3,836

-5,694

2,502

308

5,316

-6,229

3,401

-2,727

2,396

-4,872

571

5,743

2,887

3,165

2,850

Content production assets

9,277

1,364

3,097

-1,360

4,836

334

250

250

370

2,897

1,860

4,311

3,472

-452

2,058

2,022

3,001

-499

-381

3,148

1,544

892

4,847

5,793

4,436

2,422

1,606

4,331

769

-15,880

1,648

5,927

-600

261

-802

-3,438

-3,118

-5,192

-11,733

-8,013

-7,597

Television production assets

-

-

-

-

-

10,212

5,850

9,944

4,472

3,449

4,851

4,392

3,229

4,354

8,549

8,159

6,963

9,617

11,980

11,169

3,409

6,059

3,107

6,532

5,229

20,140

-4,725

-3,324

-638

-573

-523

-1,925

-3,059

-251

0

0

0

-

-

-

-

Accounts payable, accrued expenses and other liabilities

4,760

-371

-22,995

30,169

-38,757

17,691

2,688

31,460

-25,089

13,963

3,236

5,299

-14,386

9,423

-50

6,874

-17,288

4,790

6,706

-17,480

18,673

-4,515

4,654

7,605

-3,320

4,838

-1,125

-2,291

-8,090

4,092

-4,029

-2,238

4,682

2,070

-11,607

-6,527

12,372

-

-

-

-

Deferred income

5,668

-9,856

13,012

-5,083

12,224

-27,135

5,849

661

10,689

-13,220

4,289

-14,729

8,825

-14,495

14,433

-12,582

-4,248

2,742

-6,931

11,582

-3,155

53,763

-820

-5,741

14,213

-209

6,679

551

-5,521

-1,283

2,718

-7,355

4,588

3,603

275

-7,622

-4,517

5,631

1,461

-5,612

10,594

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,265

-2,505

2,177

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

884

-22,510

10,744

Net cash provided by operating activities

65,896

119,417

3,121

-7,595

6,749

65,238

44,730

74,129

2,622

55,625

27,167

10,759

3,037

36,980

22,406

1,254

1,525

20,495

3,831

13,803

14,280

59,923

-550

4,687

-9,373

11,599

6,262

11,789

-5,897

22,075

-3,763

12,279

32,460

15,381

8,487

10,451

28,867

11,896

2,959

-13,094

38,043

INVESTING ACTIVITIES:
Purchases of property and equipment and other assets

8,318

12,796

19,557

19,902

16,831

10,830

9,225

7,768

4,452

7,058

5,190

8,111

4,351

6,016

8,355

8,856

6,677

4,160

4,857

5,308

5,685

2,720

2,915

1,998

4,268

6,730

5,163

8,195

4,944

7,193

9,148

4,233

13,316

17,490

3,686

2,664

4,116

3,184

2,444

3,879

2,807

Purchases of short-term investments

8,685

49,414

11,221

50,249

13,398

12,846

17,520

25,441

39,103

18,567

35,110

27,411

61,285

-

0

0

0

6,903

10,100

0

4,621

32,929

0

0

2,511

12,959

6,738

8,375

8,999

538

8,753

2,065

7,821

14,432

3,649

8,930

20,893

8,408

25,340

28,437

34,566

Proceeds from sales and maturities of short-term investments

33,535

44,225

54,414

38,370

20,478

10,595

14,660

17,675

18,498

11,670

10,330

2,640

11,020

-

-

-

-

4,430

13,605

0

6,090

3,405

22,019

4,005

12,808

13,775

7,480

14,278

8,785

7,920

17,653

14,118

5,500

19,834

3,155

6,982

15,177

5,518

29,621

26,935

2,479

Purchase of investment securities

-

360

0

886

120

-

-

-

-

-

-

-

-

-

-

-

-

0

250

310

650

0

204

0

2,000

-

-

2,200

0

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from infrastructure improvement incentives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,937

-

-

-

-

-

-

-

-

-

-

-

-

0

0

890

3,240

Net cash provided by (used in) investing activities

16,532

-17,701

24,430

-32,667

-9,871

-13,373

-13,123

-14,534

-25,057

-14,155

-31,970

-32,998

-54,616

-5,516

-2,190

-9,706

-6,677

-6,633

-1,602

-5,618

-4,866

-32,244

22,067

2,007

6,966

-7,081

-34,149

-4,456

-5,158

189

-248

2,820

-15,637

-12,088

-4,180

-4,612

-9,832

-6,074

1,837

-4,491

-31,654

FINANCING ACTIVITIES:
Repayment of long-term debt

1,295

1,288

1,277

1,270

1,268

1,258

1,218

1,156

1,150

3,786

1,138

1,455

1,125

1,119

11,114

1,107

1,101

1,095

1,089

1,083

1,078

1,071

1,066

1,061

882

1,048

348

0

0

0

1,002

313

306

301

295

289

284

278

272

269

263

Repayment of finance leases

2,611

2,134

2,109

2,066

2,043

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

9,289

9,274

9,425

9,366

9,366

9,363

9,363

9,259

9,258

9,253

9,252

9,175

9,174

9,169

9,166

9,116

9,113

9,108

9,108

9,065

9,064

-

-

-

-

9,012

9,011

8,979

8,977

8,970

8,970

8,938

8,937

8,930

8,928

8,889

21,062

21,045

21,019

20,872

20,707

Proceeds from borrowings under the credit facilities

-

-

-

-

-

-

-

-

-

0

0

0

1,383

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowings on convertible notes, net of issuance costs

-

-

-

-

-

-

-

-

-

0

0

0

14,534

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of warrants

-

-

-

-

-

-

-

-

-

0

0

0

1,460

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of convertible note hedge

-

-

-

-

-

-

-

-

-

0

0

0

2,558

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid related to net settlement upon vesting of equity awards

2,572

58

29,883

191

51

78

50,589

107

24

-21

9,129

39

17

20

5,477

15

32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends, Common Stock, Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,018

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of stock

1,412

1

946

221

1,157

174

884

140

750

85

670

102

721

103

621

101

572

74

465

73

454

75

442

64

389

64

314

64

262

60

299

60

392

60

329

45

459

61

453

74

434

Proceeds from Stock Options Exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

867

97

45

553

Excess tax benefits from stock-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

1

886

-2

8

5

421

11

-6

2

398

44

43

7

257

4

0

1

0

0

6

-16

118

-12

32

35

2,530

36

157

Proceeds from the issuance of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

364

1,302

29,730

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-14,355

-87,742

-49,315

-14,265

-11,571

-10,525

-60,286

-10,382

-9,682

-12,933

-18,849

-10,567

5,224

169,055

-24,952

1,444

-9,666

-12,979

-9,364

-10,861

-9,694

-10,051

-9,282

-10,730

-9,104

-8,688

20,942

-9,585

-8,715

-8,909

-9,673

-9,191

-8,845

-9,186

-10,620

-9,145

-20,855

-20,360

-18,211

-20,986

-19,826

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

68,073

13,974

-21,764

-54,527

-14,693

41,340

-28,679

49,213

-32,117

28,537

-23,652

-32,806

-46,355

200,519

-4,736

-7,008

-14,818

883

-7,135

-2,676

-280

17,628

12,235

-4,036

-11,511

-4,170

-6,945

-2,252

-19,770

13,355

-13,684

5,908

7,978

-5,893

-6,313

-3,306

-1,820

-14,538

-13,415

-38,571

-13,437

NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Purchases of property and equipment recorded in accounts payable and accrued expenses (See Note 12)

4,531

-2,237

-6,526

3,435

10,325

7,887

1,941

1,558

2,078

-2,314

2,655

-450

2,443

-770

2,942

-211

979

-80

766

-741

1,151

732

-550

638

632

89

-943

775

1,779

-194

201

-12

1,420

5,302

0

0

0

-

-

-

-

Purchase of investment securities (See Note 4)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

13,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-