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Income Statement
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Cash Flow Statement

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Op Efficiency
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ASSET ACCEPTANCE CAPITAL CORP (AACC)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05
   10-K10-K10-K10-K10-K10-K10-K10-K
Cash flows from operating activities          
Net income  10.912.0-1.6-16.4    
   
Adjustments to reconcile net income to net cash from operating activities:          
    Depreciation and amortization  4.84.24.74.1    
    Amortization of deferred financing costs and debt discount  3.51.71.3     
    Amortization of de-designated hedge  0.10.2      
    Deferred income taxes  4.86.9-5.3-7.8    
    Share-based compensation expense  1.31.01.21.3    
    Non-cash revenue  0.00.00.0-1.5    
    (Gain) loss on disposal of equipment and other assets  -0.20.00.2     
    Changes in assets and liabilities:          
        Decrease (increase) in other assets  -2.3-2.50.22.0    
        Decrease in accounts payable and other accrued liabilities  2.5-3.07.6-0.4    
        Increase in net income taxes payable  -1.83.92.0-1.1    
            Net cash provided by operating activities  15.419.47.931.5    
   
Cash flows from investing activities          
Investments in purchased receivables, net of buybacks  -164.1-160.5-137.5-118.3    
Principal collected on purchased receivables  150.3139.3135.4114.8    
Purchases of property and equipment  -3.1-5.8-2.3-6.0    
Proceeds from sale of property and equipment  0.40.10.00.0    
    Net cash provided by (used in) investing activities  -16.5-26.9-3.5-9.1    
   
Cash flows from financing activities          
Repayments of term loan facility  -8.8-133.4-10.5-3.9    
Net (repayments) borrowings on revolving credit facility  17.2147.97.7-17.6    
Payments of deferred financing costs  0.0-5.5-0.8     
Payments on capital lease obligations  -0.2-0.1-0.1     
Purchases of treasury shares  -0.1-0.10.0-0.1    
    Net cash used in financing activities  8.18.8-3.7-23.5    
    Net increase in cash  7.01.40.7-1.1    
Cash at beginning of period  7.05.64.96.0    
Cash at end of period  14.07.05.64.9    
   
Supplemental disclosure of cash flow information          
Cash paid for interest, net of capitalized interest  17.49.510.29.6    
Net cash (paid) received for income taxes  0.1-2.9-5.2-0.9    
   
Non-cash investing and financing activities:          

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