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Income Statement
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Cash Flow Statement
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PRA Health Sciences, Inc. (PRAH)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Sep-30-20Jun-05-20Mar-31-20Dec-31-19Sep-30-19Jun-30-19Jun-05-19
   10-K10-Q8-K10-Q10-K10-Q10-Q8-K
Cash flows from operating activities:          
    Net income  51.391.3 40.774.883.041.1 
    Adjustments to reconcile net income to net cash from operating activities:          
        Depreciation and amortization expense  33.633.3 32.329.429.328.6 
        Amortization of debt issuance costs and discount  0.40.4 0.40.50.50.5 
        Amortization of terminated interest rate swaps   4.6 1.61.61.71.7 
        Stock-based compensation expense  18.819.3 15.415.411.29.9 
        Unrealized foreign currency losses (gains)  13.417.4 -4.81.3-8.28.4 
        Loss on modification or extinguishment of debt          
        Change in fair value of acquisition-related contingent consideration   -44.5 0.6    
        Equity in income of unconsolidated joint ventures          
        Deferred income taxes  11.8-0.6 -18.51.5-2.9-11.9 
        Other reconciling items  0.78.2 0.1-0.20.30.5 
        Changes in operating assets and liabilities, net of acquired assets and assumed liabilities:          
            Accounts receivable and unbilled services  -172.2   -89.3   
            Prepaid expenses and other assets  -6.4   -13.7   
            Accounts payable and other liabilities          
            Income taxes  -0.1   -31.0   
            Payment of acquisition-related contingent consideration       -83.2  
                Net cash provided by operating activities  160.1180.6 60.6187.670.8-45.8 
   
Cash flows from investing activities:          
    Purchase of fixed assets  -12.8-54.0 -21.5-13.1-20.3-21.0 
    Proceeds from the sale of fixed assets  0.00.0 0.0  0.0 
    Cash (paid) received for interest on interest rate swap  -1.9-6.4 -0.8-0.40.20.4 
    Return of joint venture capital contribution          
    Cash received from the sale of marketable securities          
    Acquisition of Care Innovations, Inc., net of cash acquired     -159.1    
        Net cash used in investing activities  -14.7-18.4 -181.3-13.5-20.1-20.5 
   
Cash flows from financing activities:          
    Proceeds from issuance of long-term debt      1,000.0300.0  
    Repayment of long-term debt  -25.0   -1,216.5   
    Repayment on accounts receivable financing agreement      -30.0   
    Borrowings on line of credit   100.0 100.0193.8 40.0 
    Repayments of line of credit  -42.5-55.0 -55.0-105.0 -40.0 
    Payment for debt issuance costs  -0.5-0.5 -0.5-4.5   
    Acquisition of noncontrolling interest       -4.1  
    Proceeds from stock issued under employee stock purchase plan and stock option exercises  28.629.7 2.915.615.44.3 
    Taxes paid related to net shares settlement of equity awards      -0.1   
    Repurchase and retirement of common stock       -300.0  
    Payment of acquisition-related contingent consideration          
        Net cash provided by (used in) financing activities  21.94.9 41.2-121.7-9.630.2 
Effects of foreign exchange changes on cash, cash equivalents, and restricted cash  2.8-3.4 -5.92.2-1.50.7 
    Change in cash, cash equivalents, and restricted cash  170.1100.0 -85.454.539.6-35.4 

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