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Cash Flow StatementWWE (NYSE - WWE)  
 2010 Y2011 Y2012 Y2013 Y
Source Document12/31/201212/31/201312/31/201312/31/2013
Currency CodeUSDUSDUSDUSD
(in thousands)    
     
OPERATING ACTIVITIES 
Net income 53,45224,83231,4322,764
Adjustments to reconcile net income to net cash (used in)/provided by operating activities 
Amortization and impairments of feature film production assets 13,00039,7428,79919,058
Amortization of television production assets NA007,012
Depreciation and amortization 11,70714,98020,02424,469
Realized gains on sales of investments (53)NANANA
Amortization of bond premium 1,8272,5802,2701,992
Amortization of debt issuance costs 0205614503
Stock-based compensation 7,5792,8683,8455,525
Revaluation of warrants (610)NANANA
(Recovery from) provision for doubtful accounts 774(692)2,483(6)
Services provided in exchange for equity instruments 00(439)(879)
(Gain) loss on disposal of property and equipment 01,37663(39)
Provision for (benefit from) deferred income taxes (2,410)(6,424)6,1831,422
Excess tax benefits from stock-based payment arrangements (2,758)NANANA
Other non-cash adjustments NA(126)(65)(131)
Cash (used in)/provided by changes in operating assets and liabilities 
Accounts receivable 9,908(1,915)4,560(8,972)
Inventory 95429(112)(1,103)
Prepaid expenses and other assets (14,645)4,632(2,796)(2,113)
Feature film production assets (32,535)(7,097)(8,905)(9,128)
Television production assets 0(251)(6,080)(11,453)
Accounts payable and accrued expenses (17,601)(3,692)2,507(6,668)
Deferred income 12,074(8,261)(1,332)1,500
Net cash provided by operating activities 39,80463,18663,05123,753
INVESTING ACTIVITIES 
Purchase of corporate aircraft and related improvements NA00(30,898)
Purchases of other property and equipment and other assets (12,314)(27,956)(33,890)(25,032)
Proceeds from infrastructure improvement incentives 4,130NANANA
Purchases of short-term investments (96,751)(47,904)(19,177)(37,071)
Proceeds from sales and maturities of investments 64,55345,14845,19144,318
Purchase of cost method investments 00(5,000)(2,200)
Proceeds from sales of property and equipment NA0039
Net cash used in investing activities (40,382)(30,712)(12,876)(50,844)
FINANCING ACTIVITIES 
Proceeds from the issuance of note payable NA0031,032
Repayment of long-term debt (1,082)(1,169)(1,621)(1,396)
Dividends paid (83,643)(47,809)(35,815)(35,979)
Proceeds from exercise of stock options 1,562NANANA
Debt issuance costs 0(1,843)0(675)
Issuance of stock, net 1,022893811704
Excess tax benefits from stock-based payment arrangements 2,7581227268
Net cash used in financing activities (79,383)(49,806)(36,618)(6,046)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (79,961)(17,332)13,557(33,137)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 149,78469,82352,49166,048
CASH AND CASH EQUIVALENTS, END OF PERIOD 69,82352,49166,04832,911
SUPPLEMENTAL CASH FLOW INFORMATION 
Cash (received) paid for income taxes, net of refunds 31,04712,0587,158(3,052)
Cash paid for interest 261410815984
NON-CASH INVESTING TRANSACTIONS 
Non-cash purchase of property and equipment 05,3021,4151,700


Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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