Component: (Network and Table)
Network
00300 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.everi.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001318568 (http://www.sec.gov/CIK)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW
 
 
 
Cash flows from operating activities
 
 
 
Net loss
(249,479,000) 
(104,972,000) 
12,140,000  
Adjustments to reconcile net loss to cash provided by operating activities:
 
 
 
Depreciation and Amortization
144,633,000  
131,024,000  
22,944,000  
Amortization of financing costs
6,695,000  
7,109,000  
2,035,000  
Loss (gain) on sale or disposal of assets
2,563,000  
(2,789,000) 
55,000  
Accretion of contract rights
8,692,000  
7,614,000  
301,000  
Provision for bad debts
9,908,000  
10,135,000  
8,991,000  
Reserve for obsolescence
3,581,000  
1,243,000  
270,000  
Impairment loss
4,289,000  
 
3,129,000  
Goodwill impairment
146,299,000  
75,008,000  
0  
Loss on early extinguishment of debt
 
13,063,000  
2,725,000  
Stock-based compensation
6,735,000  
8,284,000  
8,876,000  
Other non-cash items
(38,000) 
(149,000) 
(19,000) 
Changes in operating assets and liabilities:
 
 
 
Settlement receivables
(83,998,000) 
(1,830,000) 
(5,156,000) 
Trade and other receivables
(8,169,000) 
(5,070,000) 
(12,256,000) 
Inventory
5,600,000  
(1,075,000) 
(1,120,000) 
Prepaid and other assets
4,480,000  
(5,553,000) 
904,000  
Deferred income taxes
29,940,000  
(19,878,000) 
6,613,000  
Settlement liabilities
99,245,000  
21,229,000  
(25,523,000) 
Accounts payable and accrued expenses
735,000  
(8,806,000) 
(378,000) 
Net cash provided by operating activities
131,711,000  
 
124,587,000  
 
24,531,000  
 
Cash flows from investing activities
 
 
 
Capital expenditures
(80,741,000) 
(76,988,000) 
(18,442,000) 
Acquisitions, net of cash acquired
(694,000) 
(10,857,000) 
(1,068,000,000) 
Proceeds from sale of fixed assets
4,599,000  
2,102,000  
421,000  
Placement fee agreements
(11,312,000) 
(2,813,000) 
 
Repayments under development agreements
 
3,104,000  
276,000  
Changes in restricted cash and cash equivalents
94,000  
(97,000) 
(102,000) 
Net cash used in investing activities
(88,054,000) 
(85,549,000) 
(1,085,847,000) 
Cash flows from financing activities
 
 
 
Repayments of prior credit facility
  
(103,000,000) 
Repayments of credit facility
(24,400,000) 
(10,000,000) 
 
Repayments of secured notes
 
(350,000,000) 
 
Proceeds from securing credit facility
  
500,000,000  
Proceeds from issuance of secured notes
 
335,000,000  
350,000,000  
Proceeds from issuance of unsecured notes
  
350,000,000  
Debt issuance costs
(480,000) 
(1,221,000) 
(52,735,000) 
Proceeds from exercise of stock options
 
1,839,000  
5,338,000  
Purchase of treasury stock
(42,000) 
(169,000) 
(12,180,000) 
Net cash used in financing activities
(24,922,000) 
(24,551,000) 
1,037,423,000  
Effect of exchange rates on cash
(1,714,000) 
(1,552,000) 
(1,266,000) 
Cash and cash equivalents
 
 
 
Net (decrease) increase for the period
17,021,000  
 
12,935,000  
 
(25,159,000) 
 
Balance, beginning of the period
102,030,000  
89,095,000  
114,254,000  
Balance, end of the period
119,051,000  
 
102,030,000  
 
89,095,000  
 
Supplemental cash disclosures
 
 
 
Cash paid for interest
93,420,000  
98,361,000  
59,274,000  
Cash paid for income tax
1,703,000  
2,098,000  
962,000  
Cash refunded for income tax
171,000  
14,477,000  
 
Supplemental non-cash disclosures
 
 
 
Accrued and unpaid capital expenditures
2,104,000  
5,578,000  
731,000  
Accrued and unpaid contingent liability for acquisitions
(3,169,000) 
4,681,000  
2,463,000  
Transfer of leased gaming equipment to inventory
9,042,000  
4,698,000  
 
Issuance of warrant
 
2,246,000