Component: (Network and Table)
Network
00500 - Statement - Consolidated Statements of Cash Flows
(http://www.tracintermodal.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001570774 (http://www.sec.gov/CIK)
Consolidated Statements of Cash FlowsPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
Consolidated Statements of Cash Flows
 
 
 
Cash flows from operating activities
 
 
 
Net income (loss)
19,925,000  
26,718,000  
(2,956,000) 
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
 
 
 
Depreciation and amortization
74,477,000  
72,227,000  
72,365,000  
Provision (recovery) for doubtful accounts
7,812,000  
(258,000) 
14,007,000  
Amortization of deferred financing fees
3,876,000  
6,760,000  
6,763,000  
Loss on modification and extinguishment of debt and capital lease obligations
7,486,000  
19,852,000  
315,000  
Derivative loss reclassified into earnings
16,359,000  
20,177,000  
18,290,000  
Ineffective portion of cash flow hedges
251,000  
(85,000) 
(84,000) 
Impairment of leasing equipment
13,917,000  
7,277,000  
5,855,000  
Early retirement of leasing equipment
  
37,766,000  
Share-based compensation
1,821,000  
625,000  
810,000  
Deferred income taxes, net
10,613,000  
19,123,000  
(4,351,000) 
Other, net
(918,000) 
(1,320,000) 
(928,000) 
Changes in assets and liabilities:
 
 
 
Accounts receivable
7,573,000  
24,405,000  
(35,264,000) 
Other assets
(2,471,000) 
(906,000) 
(1,013,000) 
Accounts payable
(435,000) 
(1,188,000) 
2,689,000  
Accrued expenses and other liabilities
(9,234,000) 
(12,072,000) 
24,285,000  
Net cash provided by operating activities
151,052,000  
 
181,335,000  
 
138,549,000  
 
Cash flows from investing activities
 
 
 
Proceeds from sale of leasing equipment
4,156,000  
11,528,000  
8,265,000  
Collections on net investment in direct finance leases, net of interest earned
2,945,000  
3,665,000  
4,622,000  
Business acquisition
(4,791,000) 
  
Proceeds from sale of other assets, net of other investing activity
 
2,056,000  
 
Investment in direct finance leases
(1,276,000) 
  
Purchase of leasing equipment
(79,967,000) 
(75,357,000) 
(149,376,000) 
Purchase of fixed assets
(16,545,000) 
(16,920,000) 
(4,999,000) 
Net cash used in investing activities
(95,478,000) 
 
(75,028,000) 
 
(141,488,000) 
 
Cash flows from financing activities
 
 
 
Proceeds from long-term debt
294,000,000  
1,179,194,000  
148,000,000  
Repayments of long-term debt
(277,699,000) 
(1,263,736,000) 
(148,292,000) 
Cash paid for debt issuance fees
(306,000) 
(9,999,000) 
(3,156,000) 
Premium paid for redemption of notes
(5,775,000) 
(12,375,000) 
 
Sale of investment in indirect parent
 
993,000  
 
Business acquisition contingent payment
(478,000) 
  
Dividend paid
(51,145,000) 
  
Repurchase of indirect parent shares from employees
(1,669,000) 
(594,000) 
(858,000) 
Net cash used in financing activities
(43,072,000) 
 
(106,517,000) 
 
(4,306,000) 
 
Effect of changes in exchange rates on cash and cash equivalents
(43,000) 
(885,000) 
(342,000) 
Net increase (decrease) in cash and cash equivalents
12,459,000  
 
(1,095,000) 
 
(7,587,000) 
 
Cash and cash equivalents, beginning of year
3,161,000  
4,256,000  
11,843,000  
Cash and cash equivalents, end of year
15,620,000  
 
3,161,000  
 
4,256,000  
 
Supplemental disclosures of cash flow information
 
 
 
Cash paid for interest
46,865,000  
58,894,000  
61,609,000  
Cash paid (refunded) for taxes, net
214,000  
(854,000) 
1,136,000