Company name:

Outfront Media Inc

  • IPO SHARE PRICE:
    $28.00
  • IPO DATE:
    March 28, 2014
  • TICKER:
    CBSO
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    405 Lexington Avenue 17th Floor New York NY 10174
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    MD
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Outfront Media Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
52.2% - Depreciation and amortization
21.8% - Receivables
8.5% - Stock-based compensation
7.2% - (Recovery of) provision for doubtful accounts
3.8% - Change in operating lease assets and liabilities
2.4% - Amortization of deferred financing costs and debt discount and premium
1.4% - Other
0.9% - Accretion expense
0.8% - Distributions from investee companies
0.3% - Deferred revenue
0.3% - Net income (loss) attributable to non-controlling interests
0.2% - Income from equity method investment
0.2% - Income taxes
SOURCEs
3.8% 21.8% 52.2% 7.2% 8.5%
100 %
0%
USES
46.7% 4.5% 11.8% 9.1% 4.9% 21.8%
21.8% - Net income (loss) attributable to Company
11.8% - Prepaid MTA equipment deployment costs
9.1% - Prepaid expenses and other assets
4.9% - Net (gain) loss on dispositions
4.5% - Accounts payable and accrued liabilities
1.0% - Deferred income taxes
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $107,900 - - - -
Net income (loss) attributable to non-controlling interests Net income (loss) attributable to non-controlling interests
-
-
-
-
-
-
 - 500 800 800 2,000
Net income (loss) attributable to Company
-
-
-
-
-
$45,679
 107,900 140,100 (61,000) (61,000) 17,200
Depreciation and amortization
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 185,000 194,500 145,800 145,800 40,800
Amortization of deferred financing costs and debt discount and premium Amortization of deferred financing costs and debt discount and premium
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 5,700 7,900 6,600 6,600 7,200
Stock-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 20,200 22,300 23,800 23,800 26,000
(Recovery of) provision for doubtful accounts
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 1,900 5,300 20,100 20,100 10,800
Accretion expense
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 2,400 2,500 2,600 2,600 2,800
Deferred income taxes
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (400) 200 (2,800) (2,800) 4,000
Distributions from investee companies
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 3,000 4,900 2,200 2,200 400
Income from equity method investment
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (4,100) (5,700) 600 600 400
Asset impairments
-
-
-
-
$45,679
$45,679
 42,900 - - - -
Loss on real estate assets held for sale
-
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - -
Net (gain) loss on dispositions
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (5,500) (3,800) (13,700) (13,700) (1,600)
(Gain) loss on repayment of debt
-
-
-
-
-
-
 - 28,500 - - -
Cash paid for direct lease acquisition costs
-
-
-
$45,679
$45,679
$45,679
 (41,300) (47,100) - - -
Change in operating lease assets and liabilities
-
-
-
-
-
-
 - 6,700 10,700 10,700 (10,800)
Receivables
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (37,200) (29,500) 60,800 60,800 (78,800)
Prepaid MTA equipment deployment costs
-
-
-
-
$45,679
$45,679
 (74,800) (92,000) (33,100) (33,100) (14,800)
Prepaid expenses and other assets
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (200) 3,500 (25,500) (25,500) (2,000)
Accounts payable and accrued liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 21,700 36,300 (12,700) (12,700) 95,200
Income taxes
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (3,100) 200 500 500 (2,000)
Deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 8,500 (800) 900 900 (44,800)
Other
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (18,300) 2,400 4,000 4,000 (4,000)
Net cash provided by (used in) operating activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $214,300 $276,900 $130,600 $130,600 $178,400
Selected Year:
31-Dec
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
42.0% - Divestitures
2.1% - Acquisition or sale of an equity method investment
SOURCEs
55.9% 42.0%
100 %
0%
USES
56.2% 24.8% 19.0%
56.2% - Capital expenditures
24.8% - MTA franchise rights
19.0% - Acquisitions
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Capital expenditures
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (82,300) (89,900) (53,500) (53,500) (46,000)
MTA franchise rights
-
-
-
-
$45,679
$45,679
 (13,300) (24,000) (23,600) (23,600) (36,800)
Acquisitions
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (7,000) (69,700) (18,100) (18,100) (10,400)
Divestitures
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 7,900 5,800 40,000 40,000 16,400
Acquisition or sale of an equity method investment
$45,679
$45,679
$45,679
-
$45,679
$45,679
 4,300 1,500 2,000 2,000 4,400
Net cash provided by (used in) investing activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($90,400) ($176,300) ($53,200) ($53,200) ($72,400)
Selected Year:
31-Dec
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
69.2% - Long-term borrowing
29.6% - Issuance of preferred stock - Series A
1.2% - Short-term borrowing
SOURCEs
69.2% 29.6%
100 %
0%
USES
44.3% 5.8% 10.1% 38.3%
38.3% - Repayment of long-term borrowing
10.1% - Short-term borrowing (repayment)
5.8% - Dividends paid
1.0% - Payments of withholding tax on equity-based compensation
0.6% - Deferred financing costs
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) net
$45,679
-
$45,679
-
-
-
 - - - - -
Proceeds from shares issued under the ATM Program
-
-
-
-
$45,679
$45,679
 15,300 50,900 - - -
Issuance of preferred stock - Series A
-
-
-
-
-
-
 - - 383,400 383,400 (1,600)
Proceeds from issuance of common stock upon exercise of stock options Proceeds from issuance of common stock upon exercise of stock options
-
$45,679
-
$45,679
-
$45,679
 - - - - -
Borrowing under Revolving Credit Facility
-
$45,679
$45,679
-
-
-
 - - - - -
Repayment of Revolving Credit Facility
-
$45,679
$45,679
-
-
-
 - - - - -
Borrowing under Term Loan
-
-
-
$45,679
-
-
 - - - - -
Repayment of Term Loan
-
$45,679
$45,679
$45,679
-
-
 - - - - -
Borrowing (repayment) under Term Loan and Senior Notes Borrowing (repayment) under Term Loan and Senior Notes
$45,679
-
$45,679
-
-
-
 - - - - -
Short-term borrowing
-
-
-
$45,679
$45,679
$45,679
 245,000 505,000 15,000 15,000 -
Short-term borrowing (repayment)
-
-
-
$45,679
$45,679
$45,679
 (165,000) (470,000) (130,000) (130,000) -
Issuance of Senior Notes
$45,679
$45,679
$45,679
$45,679
-
-
 - - - - -
Long-term borrowing
-
-
-
-
$45,679
$45,679
 104,000 1,270,000 895,000 895,000 -
Repayment of long-term borrowing
-
-
-
-
$45,679
$45,679
 (104,000) (1,191,500) (495,000) (495,000) -
Debt repayment costs
-
-
-
-
-
-
 - (20,600) - - -
Deferred financing costs
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (300) (22,100) (7,700) (7,700) -
Earnout payment related to prior acquisition
-
-
-
$45,679
$45,679
$45,679
 (400) - - - -
Payments of withholding tax on equity-based compensation Payments of withholding tax on equity-based compensation
-
$45,679
$45,679
$45,679
$45,679
$45,679
 (8,400) (7,900) (12,600) (12,600) (2,400)
Excess tax benefit from stock-based compensation
$45,679
$45,679
-
-
-
-
 - - - - -
Dividends paid
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (203,900) (208,100) (75,100) (75,100) (28,000)
Special dividend paid
$45,679
-
-
-
-
-
 - - - - -
Distribution of debt and IPO proceeds to CBS
$45,679
-
$45,679
-
-
-
 - - - - -
Net cash contribution from (distribution to) CBS
$45,679
$45,679
-
-
-
-
 - - - - -
Net cash contribution from CBS
-
-
$45,679
-
-
-
 - - - - -
Net cash provided by (used in) financing activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($117,700) ($94,300) $573,000 $573,000 ($32,000)
Selected Year:
31-Dec
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$651,100,000
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $48,300 $54,100 $60,900 - $2,768,800
Effect of changes in foreign exchange rates on cash
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (400) 500 700 - 5,200
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 5,800 6,800 651,100 - 79,200
Cash reclassified to assets held for sale
-
$45,679
$45,679
$45,679
-
-
 - - - - -
Cash and equivalents - End of period
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $54,100 $60,900 $712,000 - $2,848,000