WOW · As filed with the SEC
WideOpenWest cash flow statement, by fiscal year
The statement as WideOpenWest presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Cash Flows · USD
| USD | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 | FY2017 Year ended Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net loss | (58,800,000) | (287,700,000) | (2,500,000) | 770,500,000 | 14,400,000 | 36,400,000 | (90,600,000) | 159,500,000 |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | — | — | — | — | 230,600,000 | 206,200,000 | 186,900,000 | 198,100,000 |
| Depreciation and amortization | 210,000,000 | 193,100,000 | 179,300,000 | 210,300,000 | — | — | — | — |
| Deferred income taxes | (34,700,000) | (99,600,000) | (32,200,000) | 54,900,000 | 5,300,000 | 4,300,000 | (54,000,000) | (149,800,000) |
| Provision for doubtful accounts | — | 12,700,000 | 6,000,000 | — | — | — | — | — |
| Provision for credit losses | 9,500,000 | — | — | 11,200,000 | 16,800,000 | 16,900,000 | 20,200,000 | 19,700,000 |
| Gain on sale of Lawrence, Kansas system | — | — | — | — | — | — | — | (38,400,000) |
| Loss (gain) on sale of operating assets, net | — | — | — | — | — | 5,400,000 | (900,000) | (94,100,000) |
| Loss on sale of assets, net | — | 300,000 | — | (1,001,300,000) | — | — | — | — |
| (Gain) loss on sale of assets, net | — | — | — | (500,000) | — | — | — | — |
| Loss (gain) on sale of operating assets, net | 2,600,000 | 400,000 | (1,100,000) | — | — | — | — | — |
| Amortization of debt issuance costs and discount | 2,400,000 | 1,700,000 | 1,700,000 | 4,700,000 | 4,700,000 | 4,700,000 | 4,700,000 | 5,000,000 |
| Loss on early extinguishment of debt | — | — | — | — | — | — | — | 7,100,000 |
| Change in fair value of derivative instruments | 2,900,000 | — | — | — | — | — | — | — |
| Loss on debt extinguishment | 1,000,000 | — | — | 3,200,000 | — | — | — | — |
| Impairment losses on intangibles | — | — | 35,000,000 | — | 14,000,000 | 9,700,000 | 216,300,000 | 147,400,000 |
| Impairment losses on intangibles | 0 | 306,800,000 | — | — | — | — | — | — |
| Non-cash compensation | 11,100,000 | 16,800,000 | 25,800,000 | 15,300,000 | 11,100,000 | 10,100,000 | 13,000,000 | 13,400,000 |
| Other non-cash items | (300,000) | (200,000) | (100,000) | (200,000) | (200,000) | 600,000 | — | 200,000 |
| Changes in operating assets and liabilities: | ||||||||
| Receivables and other operating assets | 7,700,000 | (15,000,000) | (14,300,000) | (27,900,000) | (28,100,000) | (25,200,000) | (36,700,000) | (27,000,000) |
| Payables and accruals | 10,300,000 | 5,800,000 | (163,800,000) | 133,800,000 | 8,800,000 | (2,800,000) | 10,400,000 | (45,600,000) |
| Net cash provided by operating activities | 163,700,000 | 135,100,000 | 33,800,000 | 174,000,000 | 277,400,000 | 266,300,000 | 269,300,000 | 195,500,000 |
| Cash flows from investing activities: | ||||||||
| Capital expenditures | (215,800,000) | (268,900,000) | (167,200,000) | (207,700,000) | (234,100,000) | (247,500,000) | (314,100,000) | (301,300,000) |
| Proceeds from sale of Chicago fiber assets | — | — | — | — | — | 24,700,000 | 22,600,000 | — |
| Proceeds from sale of markets, net | — | — | — | 1,765,700,000 | — | — | — | — |
| Chicago Fiber Network | — | — | — | — | — | — | — | 221,600,000 |
| Lawrence, Kansas System | — | — | — | — | — | — | — | 213,000,000 |
| Other investing activities | 200,000 | 100,000 | 1,400,000 | 1,300,000 | (200,000) | (1,300,000) | 3,800,000 | 1,200,000 |
| Net cash used in investing activities | (215,600,000) | (268,800,000) | (165,800,000) | 1,559,300,000 | (234,300,000) | (224,100,000) | (287,700,000) | 134,500,000 |
| Cash flows from financing activities: | ||||||||
| Proceeds from issuance of long-term debt | 244,000,000 | 202,000,000 | 9,000,000 | 762,100,000 | 91,000,000 | 80,000,000 | 110,000,000 | 2,454,300,000 |
| Payments on long-term debt and finance lease obligations | (169,000,000) | (29,600,000) | (19,800,000) | (2,303,500,000) | (141,700,000) | (112,800,000) | (74,300,000) | (3,082,200,000) |
| Proceeds from issuance of common stock, net of issuance costs | — | — | — | — | — | — | — | 334,100,000 |
| Contribution from Parent | — | — | — | — | — | — | — | 20,300,000 |
| Reimbursement of finance lease payments | 1,700,000 | — | — | — | — | — | — | — |
| Payments of debt issuance costs | (7,900,000) | — | — | (2,600,000) | — | — | — | (3,700,000) |
| Repurchase of management units | — | — | — | — | — | — | — | (8,800,000) |
| Purchase of shares | (1,500,000) | (46,300,000) | (19,400,000) | (8,500,000) | (1,000,000) | (1,600,000) | (73,300,000) | (4,800,000) |
| Other | — | — | — | — | — | — | (200,000) | (600,000) |
| Net cash provided by (used in) financing activities | 67,300,000 | 126,100,000 | (30,200,000) | (1,552,500,000) | (51,700,000) | (34,400,000) | (37,800,000) | (291,400,000) |
| Increase (decrease) in cash and cash equivalents | — | — | — | — | — | — | — | 38,600,000 |
| Cash and cash equivalents, beginning of period | — | — | — | — | — | — | 69,400,000 | 30,800,000 |
| Cash and cash equivalents, end of period | — | — | — | — | — | — | — | 69,400,000 |
| Increase (decrease) in cash and cash equivalents | 15,400,000 | (7,600,000) | (162,200,000) | 180,800,000 | (8,600,000) | 7,800,000 | (56,200,000) | — |
| Cash and cash equivalents, beginning of period | 23,400,000 | 31,000,000 | 193,200,000 | 12,400,000 | 21,000,000 | 13,200,000 | 69,400,000 | — |
| Cash and cash equivalents, end of period | 38,800,000 | 23,400,000 | 31,000,000 | 193,200,000 | 12,400,000 | 21,000,000 | 13,200,000 | — |
| Supplemental disclosures of cash flow information: | ||||||||
| Cash paid during the periods for interest, net | 68,000,000 | 67,500,000 | 37,800,000 | 93,100,000 | 124,000,000 | 139,000,000 | 126,800,000 | 190,300,000 |
| Cash paid during the periods for income taxes | — | 10,900,000 | 147,500,000 | — | — | 1,600,000 | 11,900,000 | 6,500,000 |
| Cash received during the periods for interest rate swap | 3,300,000 | — | — | — | — | — | — | — |
| Cash paid during the periods for income taxes | 8,400,000 | — | — | 97,100,000 | 1,500,000 | — | — | — |
| Cash received during the periods for refunds of income taxes | 600,000 | 5,000,000 | 1,700,000 | — | 4,600,000 | — | — | — |
| Insurance proceeds received for business interruption | — | — | — | — | — | 9,600,000 | — | — |
| Insurance proceeds received for business interruption | 1,500,000 | — | — | — | — | — | — | — |
| Refund received from indemnification claim | 3,800,000 | — | — | — | — | — | — | — |
| Non-cash investing and financing activities: | ||||||||
| Capital lease additions | — | — | — | — | — | — | 3,700,000 | — |
| Other financing arrangements | — | 1,500,000 | — | — | 1,100,000 | — | — | — |
| Excise tax payable | 200,000 | — | — | — | — | — | — | — |
| Paid in kind debt fees | 8,000,000 | — | — | — | — | — | — | — |
| Capital expenditures within accounts payable and accruals | 29,300,000 | 42,600,000 | 32,000,000 | 27,400,000 | 19,100,000 | 16,800,000 | 18,200,000 | 11,000,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.