← Brookdale Senior Living Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($404.4m) | ($571.4m) | ($528.3m) | ($267.9m) | $82.0m | ($99.3m) | ($238.4m) | ($189.0m) | ($201.9m) | ($262.7m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($404.6m) | ($571.6m) | ($528.4m) | ($268.5m) | $81.9m | ($99.4m) | ($238.3m) | ($189.1m) | ($202.0m) | ($262.7m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $239k | ($187k) | ($94k) | ($561k) | ($74k) | ($74k) | $87k | ($59k) | ($59k) | ($54k) | |
| Depreciation, Depletion and Amortization | $529.8m | $494.8m | $455.2m | $383.5m | $365.7m | $345.1m | $353.9m | $350.4m | $367.5m | $370.3m | |
| Amortization of Debt Issuance Costs | $26.5m | $17.7m | $10.9m | $0 | $0 | — | — | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | $9.4m | $12.7m | $7.8m | $4.1m | $6.4m | $7.4m | $6.4m | $7.7m | $9.7m | $14.8m | |
| Amortization of Intangible Assets | $9.2m | $5.6m | $3.1m | $1.8m | — | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | $3.2m | ($15.3m) | ($52.4m) | ($2.7m) | ($5.8m) | ($9.8m) | ($1.3m) | $7.6m | $3.6m | ($3.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $32.3m | $27.8m | $26.1m | $23.0m | $20.7m | $16.3m | $14.5m | $12.0m | $14.2m | $11.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $5.9m | $3.1m | $3.3m | $4.0m | $4.8m | $4.3m | $1.9m | $3.4m | $6.5m | |
| Share-based Payment Arrangement, Expense | $32.3m | $27.8m | $26.1m | $23.0m | $20.7m | $16.3m | $14.5m | $12.0m | $14.2m | $11.9m | |
| Equity Method Investment, Other than Temporary Impairment | $36.8m | $25.8m | — | — | — | — | — | — | — | $0 | |
| Goodwill and Intangible Asset Impairment | — | $409.8m | — | — | — | — | — | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $7.2m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | ($7.2m) | $19.3m | $293.2m | $7.2m | $374.5m | $288.8m | $74.4m | $37.7m | $923k | $2.4m | |
| Gain (Loss) on Disposition of Other Assets | ($7.2m) | ($19.3m) | ($293.2m) | ($7.2m) | ($374.5m) | ($288.8m) | ($74.4m) | $1.4m | $923k | $0 | |
| Gain (Loss) on Extinguishment of Debt | ($9.2m) | ($12.4m) | ($11.7m) | ($5.2m) | $10.9m | ($1.9m) | ($1.4m) | ($2.7m) | ($20.8m) | ($40.1m) | |
| Income (Loss) from Equity Method Investments | $1.7m | ($14.8m) | ($8.8m) | ($4.5m) | ($2.1m) | $10.4m | ($10.8m) | ($4.0m) | $0 | $0 | |
| Income Tax Expense (Benefit) | $5.4m | ($16.5m) | ($49.5m) | ($2.3m) | $5.4m | ($8.2m) | ($1.6m) | $8.8m | $4.6m | ($2.0m) | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $252.6m | — | |
| Operating Lease, Expense | — | ($21.0m) | ($17.2m) | $288.3m | $243.3m | $187.0m | $171.6m | $209.5m | $208.7m | $208.2m | |
| Other Nonoperating Income (Expense) | $14.8m | $11.4m | $14.1m | $14.8m | $5.6m | $5.9m | $12.1m | $21.7m | $9.4m | $3.8m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($1.6m) | ($12.7m) | $5.0m | ($292k) | ($24.3m) | ($502k) | $4.6m | ($7.4m) | $3.5m | $15.8m | |
| Gain (Loss) on Sale of Properties | ($7.2m) | ($19.3m) | — | ($7.2m) | — | — | $73.8m | $36.3m | $0 | $2.4m | |
| Gain (Loss) on Termination of Lease | $0 | ($14.3m) | ($162.0m) | ($3.4m) | $2.3m | $2.0m | $0 | $0 | $0 | ($4.1m) | |
| General and Administrative Expense | $313.4m | $255.4m | $250.5m | $219.3m | $206.6m | $184.9m | $168.6m | $178.9m | $185.8m | $195.1m | |
| Goodwill | $705.5m | $505.8m | $154.1m | $154.1m | $154.1m | $27.3m | $27.3m | $27.3m | $27.3m | $27.3m | |
| Investment Income, Interest | $2.9m | $4.6m | $9.8m | $9.9m | $4.8m | $1.3m | $6.9m | $23.1m | $19.2m | $12.4m | |
| Operating Costs and Expenses | — | — | — | — | — | — | — | — | $2.2b | $2.2b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $3.4b | $4.1b | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($178k) | ($174k) | ($403k) | ($213k) | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | $7.7m | $1.1m | $434k | ($1.2m) | |
| Net Cash Provided by (Used in) Operating Activities | $365.7m | $366.7m | $204.0m | $216.4m | $205.6m | ($94.6m) | $3.3m | $162.9m | $166.2m | $218.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $333.6m | $213.9m | $225.5m | $304.1m | $185.9m | $176.7m | $196.9m | $233.2m | $201.2m | $201.5m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $12.2m | $5.2m | — | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | ($7.2m) | ($975k) | ($1.6m) | — | — | — | $5.3m | $286k | $330k | $222k | |
| Net Cash Provided by (Used in) Investing Activities | $176.8m | ($601.3m) | $288.8m | ($225.5m) | ($425.1m) | $181.5m | ($67.4m) | ($113.4m) | ($278.1m) | ($456.0m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $387.3m | $1.3b | $606.9m | $322.0m | $963.1m | $353.0m | $254.3m | $205.5m | $765.7m | $918.1m | |
| Proceeds from Issuance of Common Stock | $0 | — | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $9.6m | $0 | $4.3m | $24.0m | $18.1m | $0 | $0 | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | $501k | $2.0m | $1.4m | $1.1m | $482k | ($408k) | ($760k) | $0 | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | ($414.2m) | $240.9m | ($325.1m) | ($139.4m) | $382.9m | ($113.7m) | $100.4m | ($174.4m) | $142.1m | $201.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $5.2m | $167.7m | ($148.5m) | $163.5m | ($26.8m) | $36.2m | ($124.9m) | $30.2m | ($36.8m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $5.2m | $450.2m | $301.7m | $465.1m | $438.3m | $474.5m | $349.7m | $379.8m | $343.0m | |
| Restricted Cash and Investments, Current | $32.9m | $37.2m | $27.7m | $26.9m | $28.1m | $26.8m | $27.7m | $41.3m | $39.9m | $33.2m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $349.5m | $294.8m | $260.7m | $244.5m | $204.7m | $188.8m | $200.3m | $231.8m | $243.1m | $238.4m | |
| Income Taxes Paid, Net | — | $1.0m | $2.1m | $1.5m | $8.9m | $5.9m | ($330k) | ($1.4m) | $1.1m | $1.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.