CASH FLOWS FROM OPERATING ACTIVITIES: | |
Net income | 10.36M |
Loss from discontinued operations, net of income taxes | |
Income from continuing operations | |
Adjustments to reconcile net income to cash provided by operating activities: | |
Depreciation and amortization | 5.47M |
Write-off of prepaid loan origination costs | |
Deferred taxes | 1.17M |
Amortization of note discount | 23K |
Gain on settlement of debt | |
Beneficial conversion | |
Deferred rents | |
Gain on change in fair value of derivative instruments | |
Stock compensation expense | 360K |
Changes in operating assets and liabilities: | |
Accounts receivable | 192K |
Inventories | -291K |
Prepaid expenses and other assets | 2.4M |
Accounts payable and accrued liabilities | -602K |
Cash provided by operating activities of continuing operations | 18.5M |
Cash provided by (used in) operating activities of discontinued operations | |
Net cash provided by operating activities | |
CASH FLOWS FROM INVESTING ACTIVITIES: | |
Purchase of marketable securities | |
Additions to property and equipment | -17.58M |
Acquisition of businesses, net of cash acquired | 0 |
Payments from (additions to) notes receivable | |
Cash used in investing activities of continuing operations | -16.95M |
Cash used in investing activities of discontinued operations | |
Net cash used in investing activities | |
CASH FLOWS FROM FINANCING ACTIVITIES: | |
Proceeds from long-term debt | 17.15M |
Payments related to put options | |
Exercise of stock options | 0 |
Payments on long-term debt | -9.73M |
Purchase of treasury stock | -5.78M |
Distribution to noncontrolling interests | -162K |
Cash provided by (used in) financing activities of continuing operations | 892K |
Cash used in financing activities of discontinued operations | |
Net cash provided by (used in) financing activities | |
NET INCREASE (DECREASE) IN CASH | 2.44M |
CASH AT BEGINNING OF PERIOD | 8.02M |
CASH AT END OF PERIOD | 10.46M |
CASH PAID DURING PERIOD FOR: | |
Interest | 5.74M |
Income taxes | 289K |