English

ClubCorp Holdings, Inc.

EDGAR

MYCC Filing (4) · filed 2017-09-20

96 filing records in this dataset, filed from 2013-07-12 to 2017-09-20. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

276 million USD

2017-06-13 · USD

Exact inputs and evidence

Revenue: 276353000 USD Source

Operating margin

6.65%

2017-06-13 · %

Exact inputs and evidence

Operating Income: 18371000 USD Source
Revenue: 276353000 USD Source

Operating cash flow

44.7 million USD

2017-06-13 · USD

Exact inputs and evidence

Operating Cash Flow: 62386000 USD Source
Operating Cash Flow: 17707000 USD Source

Free cash flow

15.6 million USD

2017-06-13 · USD

Exact inputs and evidence

Operating Cash Flow: 62386000 USD Source
Operating Cash Flow: 17707000 USD Source
Capital Expenditure: 52487000 USD Source
Capital Expenditure: 23432000 USD Source

Cash and cash equivalents: Not available
Long-term debt including current maturities: 1.05 billion USD 2017-06-13 Source
Exact value

1052495000 USD
Shares outstanding: 65.7 million shares 2017-06-13 Source
Exact value

65721817 shares

Reported share-count change

0.24% · 155 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

65567295 shares · 2016-06-14· Source
65721817 shares · 2017-06-13· Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2017-09-20.

Financial data available through: 2016-12-27.

Coverage by financial measure

Revenue: 6 of 11 periods available· newest 2016-12-27
Operating income: 6 of 11 periods available· newest 2016-12-27
Net income: 3 of 11 periods available· newest 2016-12-27
Operating cash flow: 6 of 11 periods available· newest 2016-12-27
Capital expenditure: 6 of 11 periods available· newest 2016-12-27
Total assets: 5 of 11 periods available· newest 2016-12-27
Total liabilities: 5 of 11 periods available· newest 2016-12-27
Current assets: 5 of 11 periods available· newest 2016-12-27
Current liabilities: 5 of 11 periods available· newest 2016-12-27
cash and cash equivalents: No compatible figures in this window
Long-term debt including current maturities: 4 of 11 periods available· newest 2016-12-27
Shares outstanding: 6 of 11 periods available· newest 2016-12-27

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+3.4%

Prior period

USD 1.05 billion

2014-12-31 – 2015-12-29
Current period

USD 1.09 billion

2015-12-30 – 2016-12-27

Exact inputs and evidence

1088480000 − 1052867000 = 35613000 USD

1052867000 USD · 2014-12-31 – 2015-12-29
Inspect prior input Prior source
1088480000 USD · 2015-12-30 – 2016-12-27
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · ClubCorp Holdings, Inc. · 2016-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Year-over-year change in Revenue: 35613000 USD Concept: fundies:Revenue Period: 2015-12-30 to 2016-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 1088480000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#598478 Filing: 000157709517000061 Input fundies:Revenue: 1052867000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#597687 Filing: 000157709517000061
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 13.09 million

Prior period

−USD 9.51 million

2014-12-31 – 2015-12-29
Current period

USD 3.58 million

2015-12-30 – 2016-12-27

Exact inputs and evidence

3577000 − -9512000 = 13089000 USD

-9512000 USD · 2014-12-31 – 2015-12-29
Inspect prior input Prior source
3577000 USD · 2015-12-30 – 2016-12-27
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · ClubCorp Holdings, Inc. · 2016-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Year-over-year change in Net income: 13089000 USD Concept: fundies:NetIncome Period: 2015-12-30 to 2016-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 3577000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#531135 Filing: 000157709517000061 Input fundies:NetIncome: -9512000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#530373 Filing: 000157709517000061
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+3.5%

Prior period

USD 152.27 million

2014-12-31 – 2015-12-29
Current period

USD 157.65 million

2015-12-30 – 2016-12-27

Exact inputs and evidence

157654000 − 152270000 = 5384000 USD

152270000 USD · 2014-12-31 – 2015-12-29
Inspect prior input Prior source
157654000 USD · 2015-12-30 – 2016-12-27
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · ClubCorp Holdings, Inc. · 2016-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Year-over-year change in Operating cash flow: 5384000 USD Concept: fundies:OperatingCashFlow Period: 2015-12-30 to 2016-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 157654000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#529146 Filing: 000157709517000061 Input fundies:OperatingCashFlow: 152270000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#528682 Filing: 000157709517000061
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+3.4%

Prior period

USD 105.24 million

2014-12-31 – 2015-12-29
Current period

USD 108.77 million

2015-12-30 – 2016-12-27

Exact inputs and evidence

108770000 − 105244000 = 3526000 USD

105244000 USD · 2014-12-31 – 2015-12-29
Inspect prior input Prior source
108770000 USD · 2015-12-30 – 2016-12-27
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · ClubCorp Holdings, Inc. · 2016-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Year-over-year change in Capital expenditure: 3526000 USD Concept: fundies:CapitalExpenditure Period: 2015-12-30 to 2016-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 108770000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#567633 Filing: 000157709517000061 Input fundies:CapitalExpenditure: 105244000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#567421 Filing: 000157709517000061
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2016 2015-12-30 – 2016-12-27

Revenue USD 1.09 billion 100% of revenue
Operating costs Derived USD 996.53 million 92% of revenue
Operating income USD 91.95 million 8.4% of revenue
Tax, interest and other Derived USD 88.38 million 8.1% of revenue
Net income USD 3.58 million 0.3% of revenue

Cash

Operating cash flow USD 157.65 million 14% of revenue
Capital expenditure USD 108.77 million 10% of revenue
Free cash flow Derived USD 48.88 million 4.5% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2011 Not shown: operating income or net income is not reported.
2012 Not shown: operating income or net income is not reported.
2013 Not shown: operating income or net income is not reported.
2014 93%
2015 Net loss: net income was −0.9% of revenue.
2016 92%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2011 2010-12-29 – 2011-12-27	719962000	690885000 Derived	29077000	Unavailable	Unavailable	26674000 Derived	Source 2010-12-29 – 2011-12-27: 719962000 USD Inspect Revenue Open source 2010-12-29 – 2011-12-27: 29077000 USD Inspect Operating Income Open source 2010-12-29 – 2011-12-27: 74614000 USD Inspect Operating Cash Flow Open source 2010-12-29 – 2011-12-27: 47940000 USD Inspect Capital Expenditure Open source
2012 2011-12-28 – 2012-12-25	754944000	692522000 Derived	62422000	Unavailable	Unavailable	42680000 Derived	Source 2011-12-28 – 2012-12-25: 754944000 USD Inspect Revenue Open source 2011-12-28 – 2012-12-25: 62422000 USD Inspect Operating Income Open source 2011-12-28 – 2012-12-25: 96888000 USD Inspect Operating Cash Flow Open source 2011-12-28 – 2012-12-25: 54208000 USD Inspect Capital Expenditure Open source
2013 2012-12-26 – 2013-12-31	815080000	753887000 Derived	61193000	Unavailable	Unavailable	34152000 Derived	Source 2012-12-26 – 2013-12-31: 815080000 USD Inspect Revenue Open source 2012-12-26 – 2013-12-31: 61193000 USD Inspect Operating Income Open source 2012-12-26 – 2013-12-31: 93693000 USD Inspect Operating Cash Flow Open source 2012-12-26 – 2013-12-31: 59541000 USD Inspect Capital Expenditure Open source
2014 2014-01-01 – 2014-12-30	884155000	818170000 Derived	65985000	52759000 Derived	13226000	56511000 Derived	Source 2014-01-01 – 2014-12-30: 884155000 USD Inspect Revenue Open source 2014-01-01 – 2014-12-30: 65985000 USD Inspect Operating Income Open source 2014-01-01 – 2014-12-30: 13226000 USD Inspect Net Income Open source 2014-01-01 – 2014-12-30: 129158000 USD Inspect Operating Cash Flow Open source 2014-01-01 – 2014-12-30: 72647000 USD Inspect Capital Expenditure Open source
2015 2014-12-31 – 2015-12-29	1052867000	993057000 Derived	59810000	69322000 Derived	-9512000	47026000 Derived	Source 2014-12-31 – 2015-12-29: 1052867000 USD Inspect Revenue Open source 2014-12-31 – 2015-12-29: 59810000 USD Inspect Operating Income Open source 2014-12-31 – 2015-12-29: -9512000 USD Inspect Net Income Open source 2014-12-31 – 2015-12-29: 152270000 USD Inspect Operating Cash Flow Open source 2014-12-31 – 2015-12-29: 105244000 USD Inspect Capital Expenditure Open source
2016 2015-12-30 – 2016-12-27	1088480000	996527000 Derived	91953000	88376000 Derived	3577000	48884000 Derived	Source 2015-12-30 – 2016-12-27: 1088480000 USD Inspect Revenue Open source 2015-12-30 – 2016-12-27: 91953000 USD Inspect Operating Income Open source 2015-12-30 – 2016-12-27: 3577000 USD Inspect Net Income Open source 2015-12-30 – 2016-12-27: 157654000 USD Inspect Operating Cash Flow Open source 2015-12-30 – 2016-12-27: 108770000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.1B 2016

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20112011-12-27	Revenue	719962000	Revenue: 719962000 Open source
20122012-12-25	Revenue	754944000	Revenue: 754944000 Open source
20132013-12-31	Revenue	815080000	Revenue: 815080000 Open source
20142014-12-30	Revenue	884155000	Revenue: 884155000 Open source
20152015-12-29	Revenue	1052867000	Revenue: 1052867000 Open source
20162016-12-27	Revenue	1088480000	Revenue: 1088480000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

3.4% 2016

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20112011-12-27	Year over year	No prior comparable period	Revenue: 719962000 Open source
20122012-12-25	Year over year	4.9%	Revenue: 754944000 Open source Revenue: 719962000 Open source
20132013-12-31	Year over year	8%	Revenue: 815080000 Open source Revenue: 754944000 Open source
20142014-12-30	Year over year	8.5%	Revenue: 884155000 Open source Revenue: 815080000 Open source
20152015-12-29	Year over year	19.1%	Revenue: 1052867000 Open source Revenue: 884155000 Open source
20162016-12-27	Year over year	3.4%	Revenue: 1088480000 Open source Revenue: 1052867000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 8.4% 2016

Net margin 0.3% 2016

Free cash flow margin 4.5% 2016

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20112011-12-27	Operating margin	4%	Operating Income: 29077000 Open source Revenue: 719962000 Open source
20122012-12-25	Operating margin	8.3%	Operating Income: 62422000 Open source Revenue: 754944000 Open source
20132013-12-31	Operating margin	7.5%	Operating Income: 61193000 Open source Revenue: 815080000 Open source
20142014-12-30	Operating margin	7.5%	Operating Income: 65985000 Open source Revenue: 884155000 Open source
20152015-12-29	Operating margin	5.7%	Operating Income: 59810000 Open source Revenue: 1052867000 Open source
20162016-12-27	Operating margin	8.4%	Operating Income: 91953000 Open source Revenue: 1088480000 Open source
2011-12-27	Net margin	Not reported	Revenue: 719962000 Open source
2012-12-25	Net margin	Not reported	Revenue: 754944000 Open source
2013-12-31	Net margin	Not reported	Revenue: 815080000 Open source
20142014-12-30	Net margin	1.5%	Net Income: 13226000 Open source Revenue: 884155000 Open source
20152015-12-29	Net margin	-0.9%	Net Income: -9512000 Open source Revenue: 1052867000 Open source
20162016-12-27	Net margin	0.3%	Net Income: 3577000 Open source Revenue: 1088480000 Open source
20112011-12-27	Free cash flow margin	3.7%	Revenue: 719962000 Open source Operating Cash Flow: 74614000 Open source Capital Expenditure: 47940000 Open source
20122012-12-25	Free cash flow margin	5.7%	Revenue: 754944000 Open source Operating Cash Flow: 96888000 Open source Capital Expenditure: 54208000 Open source
20132013-12-31	Free cash flow margin	4.2%	Revenue: 815080000 Open source Operating Cash Flow: 93693000 Open source Capital Expenditure: 59541000 Open source
20142014-12-30	Free cash flow margin	6.4%	Revenue: 884155000 Open source Operating Cash Flow: 129158000 Open source Capital Expenditure: 72647000 Open source
20152015-12-29	Free cash flow margin	4.5%	Revenue: 1052867000 Open source Operating Cash Flow: 152270000 Open source Capital Expenditure: 105244000 Open source
20162016-12-27	Free cash flow margin	4.5%	Revenue: 1088480000 Open source Operating Cash Flow: 157654000 Open source Capital Expenditure: 108770000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 157.7M 2016

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20112011-12-27	Operating cash flow	74614000	Operating Cash Flow: 74614000 Open source
20122012-12-25	Operating cash flow	96888000	Operating Cash Flow: 96888000 Open source
20132013-12-31	Operating cash flow	93693000	Operating Cash Flow: 93693000 Open source
20142014-12-30	Operating cash flow	129158000	Operating Cash Flow: 129158000 Open source
20152015-12-29	Operating cash flow	152270000	Operating Cash Flow: 152270000 Open source
20162016-12-27	Operating cash flow	157654000	Operating Cash Flow: 157654000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 48.9M 2016

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20112011-12-27	Free cash flow	26674000	Operating Cash Flow: 74614000 Open source Capital Expenditure: 47940000 Open source
20122012-12-25	Free cash flow	42680000	Operating Cash Flow: 96888000 Open source Capital Expenditure: 54208000 Open source
20132013-12-31	Free cash flow	34152000	Operating Cash Flow: 93693000 Open source Capital Expenditure: 59541000 Open source
20142014-12-30	Free cash flow	56511000	Operating Cash Flow: 129158000 Open source Capital Expenditure: 72647000 Open source
20152015-12-29	Free cash flow	47026000	Operating Cash Flow: 152270000 Open source Capital Expenditure: 105244000 Open source
20162016-12-27	Free cash flow	48884000	Operating Cash Flow: 157654000 Open source Capital Expenditure: 108770000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

92.8% 2016

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2011-12-27	Liabilities / assets	Not reported	No source recorded
20122012-12-25	Liabilities / assets	91.7%	Total Liabilities: 1577465000 Open source Total Assets: 1720547000 Open source
20132013-12-31	Liabilities / assets	86.3%	Total Liabilities: 1498267000 Open source Total Assets: 1736217000 Open source
20142014-12-30	Liabilities / assets	89.3%	Total Liabilities: 1844212000 Open source Total Assets: 2065071000 Open source
20152015-12-29	Liabilities / assets	91.6%	Total Liabilities: 1956469000 Open source Total Assets: 2135251000 Open source
20162016-12-27	Liabilities / assets	92.8%	Total Liabilities: 1976327000 Open source Total Assets: 2128714000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.56× 2016

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2011-12-27	Current assets / current liabilities	Not reported	No source recorded
20122012-12-25	Current assets / current liabilities	0.67×	Current Assets: 168191000 Open source Current Liabilities: 249638000 Open source
20132013-12-31	Current assets / current liabilities	0.61×	Current Assets: 176503000 Open source Current Liabilities: 287070000 Open source
20142014-12-30	Current assets / current liabilities	0.65×	Current Assets: 203665000 Open source Current Liabilities: 311433000 Open source
20152015-12-29	Current assets / current liabilities	0.67×	Current Assets: 225854000 Open source Current Liabilities: 335003000 Open source
20162016-12-27	Current assets / current liabilities	0.56×	Current Assets: 202575000 Open source Current Liabilities: 361924000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2011 2010-12-29 – 2011-12-27	Unavailable Not reported for this period.	USD 74.61 million Exact value Exact value: 74614000 USD 2010-12-29 – 2011-12-27: 74614000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ClubCorp Holdings, Inc. · 2011-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Operating Cash Flow: 74614000 USD Concept: fundies:OperatingCashFlow Period: 2010-12-29 to 2011-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3AOperatingCashFlow&period=2011-12-27&surface=latest&period_type=duration&start=2010-12-29&unit=USD&dimensions= Input fundies:OperatingCashFlow: 74614000 USD (2010-12-29 to 2011-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709514000022/cc-20131231.xml#1486071 Filing: 000157709514000022 The citation records this snapshot. The page link may show a newer release later.	USD 47.94 million Exact value Exact value: 47940000 USD 2010-12-29 – 2011-12-27: 47940000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ClubCorp Holdings, Inc. · 2011-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Capital Expenditure: 47940000 USD Concept: fundies:CapitalExpenditure Period: 2010-12-29 to 2011-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ACapitalExpenditure&period=2011-12-27&surface=latest&period_type=duration&start=2010-12-29&unit=USD&dimensions= Input fundies:CapitalExpenditure: 47940000 USD (2010-12-29 to 2011-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709514000022/cc-20131231.xml#1541495 Filing: 000157709514000022 The citation records this snapshot. The page link may show a newer release later.	USD 26.67 million Calculation and evidence 74614000 − 47940000 USD Exact free cash flow: 26674000 USD 2010-12-29 – 2011-12-27: 74614000 USD · Inspect Operating Cash Flow · Source 2010-12-29 – 2011-12-27: 47940000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ClubCorp Holdings, Inc. · 2011-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Free cash flow: 26674000 USD Concept: free-cash-flow Period: 2010-12-29 to 2011-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 74614000 USD (2010-12-29 to 2011-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709514000022/cc-20131231.xml#1486071 Filing: 000157709514000022 Input fundies:CapitalExpenditure: 47940000 USD (2010-12-29 to 2011-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709514000022/cc-20131231.xml#1541495 Filing: 000157709514000022 The citation records this snapshot. The page link may show a newer release later.
2012 2011-12-28 – 2012-12-25	Unavailable Not reported for this period.	USD 96.89 million Exact value Exact value: 96888000 USD 2011-12-28 – 2012-12-25: 96888000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ClubCorp Holdings, Inc. · 2012-12-25 ClubCorp Holdings, Inc. (edgar:1577095) Operating Cash Flow: 96888000 USD Concept: fundies:OperatingCashFlow Period: 2011-12-28 to 2012-12-25 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3AOperatingCashFlow&period=2012-12-25&surface=latest&period_type=duration&start=2011-12-28&unit=USD&dimensions= Input fundies:OperatingCashFlow: 96888000 USD (2011-12-28 to 2012-12-25) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709515000022/cc-20141230.xml#508472 Filing: 000157709515000022 The citation records this snapshot. The page link may show a newer release later.	USD 54.21 million Exact value Exact value: 54208000 USD 2011-12-28 – 2012-12-25: 54208000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ClubCorp Holdings, Inc. · 2012-12-25 ClubCorp Holdings, Inc. (edgar:1577095) Capital Expenditure: 54208000 USD Concept: fundies:CapitalExpenditure Period: 2011-12-28 to 2012-12-25 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ACapitalExpenditure&period=2012-12-25&surface=latest&period_type=duration&start=2011-12-28&unit=USD&dimensions= Input fundies:CapitalExpenditure: 54208000 USD (2011-12-28 to 2012-12-25) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709515000022/cc-20141230.xml#541956 Filing: 000157709515000022 The citation records this snapshot. The page link may show a newer release later.	USD 42.68 million Calculation and evidence 96888000 − 54208000 USD Exact free cash flow: 42680000 USD 2011-12-28 – 2012-12-25: 96888000 USD · Inspect Operating Cash Flow · Source 2011-12-28 – 2012-12-25: 54208000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ClubCorp Holdings, Inc. · 2012-12-25 ClubCorp Holdings, Inc. (edgar:1577095) Free cash flow: 42680000 USD Concept: free-cash-flow Period: 2011-12-28 to 2012-12-25 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 96888000 USD (2011-12-28 to 2012-12-25) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709515000022/cc-20141230.xml#508472 Filing: 000157709515000022 Input fundies:CapitalExpenditure: 54208000 USD (2011-12-28 to 2012-12-25) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709515000022/cc-20141230.xml#541956 Filing: 000157709515000022 The citation records this snapshot. The page link may show a newer release later.
2013 2012-12-26 – 2013-12-31	Unavailable Not reported for this period.	USD 93.69 million Exact value Exact value: 93693000 USD 2012-12-26 – 2013-12-31: 93693000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ClubCorp Holdings, Inc. · 2013-12-31 ClubCorp Holdings, Inc. (edgar:1577095) Operating Cash Flow: 93693000 USD Concept: fundies:OperatingCashFlow Period: 2012-12-26 to 2013-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3AOperatingCashFlow&period=2013-12-31&surface=latest&period_type=duration&start=2012-12-26&unit=USD&dimensions= Input fundies:OperatingCashFlow: 93693000 USD (2012-12-26 to 2013-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709516000171/cc-20151229.xml#534326 Filing: 000157709516000171 The citation records this snapshot. The page link may show a newer release later.	USD 59.54 million Exact value Exact value: 59541000 USD 2012-12-26 – 2013-12-31: 59541000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ClubCorp Holdings, Inc. · 2013-12-31 ClubCorp Holdings, Inc. (edgar:1577095) Capital Expenditure: 59541000 USD Concept: fundies:CapitalExpenditure Period: 2012-12-26 to 2013-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ACapitalExpenditure&period=2013-12-31&surface=latest&period_type=duration&start=2012-12-26&unit=USD&dimensions= Input fundies:CapitalExpenditure: 59541000 USD (2012-12-26 to 2013-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709516000171/cc-20151229.xml#569529 Filing: 000157709516000171 The citation records this snapshot. The page link may show a newer release later.	USD 34.15 million Calculation and evidence 93693000 − 59541000 USD Exact free cash flow: 34152000 USD 2012-12-26 – 2013-12-31: 93693000 USD · Inspect Operating Cash Flow · Source 2012-12-26 – 2013-12-31: 59541000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ClubCorp Holdings, Inc. · 2013-12-31 ClubCorp Holdings, Inc. (edgar:1577095) Free cash flow: 34152000 USD Concept: free-cash-flow Period: 2012-12-26 to 2013-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 93693000 USD (2012-12-26 to 2013-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709516000171/cc-20151229.xml#534326 Filing: 000157709516000171 Input fundies:CapitalExpenditure: 59541000 USD (2012-12-26 to 2013-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709516000171/cc-20151229.xml#569529 Filing: 000157709516000171 The citation records this snapshot. The page link may show a newer release later.
2014 2014-01-01 – 2014-12-30	USD 13.23 million Exact value Exact value: 13226000 USD 2014-01-01 – 2014-12-30: 13226000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ClubCorp Holdings, Inc. · 2014-12-30 ClubCorp Holdings, Inc. (edgar:1577095) Net Income: 13226000 USD Concept: fundies:NetIncome Period: 2014-01-01 to 2014-12-30 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ANetIncome&period=2014-12-30&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:NetIncome: 13226000 USD (2014-01-01 to 2014-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#529610 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 129.16 million Exact value Exact value: 129158000 USD 2014-01-01 – 2014-12-30: 129158000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ClubCorp Holdings, Inc. · 2014-12-30 ClubCorp Holdings, Inc. (edgar:1577095) Operating Cash Flow: 129158000 USD Concept: fundies:OperatingCashFlow Period: 2014-01-01 to 2014-12-30 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3AOperatingCashFlow&period=2014-12-30&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 129158000 USD (2014-01-01 to 2014-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#528218 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 72.65 million Exact value Exact value: 72647000 USD 2014-01-01 – 2014-12-30: 72647000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ClubCorp Holdings, Inc. · 2014-12-30 ClubCorp Holdings, Inc. (edgar:1577095) Capital Expenditure: 72647000 USD Concept: fundies:CapitalExpenditure Period: 2014-01-01 to 2014-12-30 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ACapitalExpenditure&period=2014-12-30&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 72647000 USD (2014-01-01 to 2014-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#567210 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 56.51 million Calculation and evidence 129158000 − 72647000 USD Exact free cash flow: 56511000 USD 2014-01-01 – 2014-12-30: 129158000 USD · Inspect Operating Cash Flow · Source 2014-01-01 – 2014-12-30: 72647000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ClubCorp Holdings, Inc. · 2014-12-30 ClubCorp Holdings, Inc. (edgar:1577095) Free cash flow: 56511000 USD Concept: free-cash-flow Period: 2014-01-01 to 2014-12-30 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 129158000 USD (2014-01-01 to 2014-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#528218 Filing: 000157709517000061 Input fundies:CapitalExpenditure: 72647000 USD (2014-01-01 to 2014-12-30) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#567210 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.
2015 2014-12-31 – 2015-12-29	−USD 9.51 million Exact value Exact value: -9512000 USD 2014-12-31 – 2015-12-29: -9512000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ClubCorp Holdings, Inc. · 2015-12-29 ClubCorp Holdings, Inc. (edgar:1577095) Net Income: -9512000 USD Concept: fundies:NetIncome Period: 2014-12-31 to 2015-12-29 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ANetIncome&period=2015-12-29&surface=latest&period_type=duration&start=2014-12-31&unit=USD&dimensions= Input fundies:NetIncome: -9512000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#530373 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 152.27 million Exact value Exact value: 152270000 USD 2014-12-31 – 2015-12-29: 152270000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ClubCorp Holdings, Inc. · 2015-12-29 ClubCorp Holdings, Inc. (edgar:1577095) Operating Cash Flow: 152270000 USD Concept: fundies:OperatingCashFlow Period: 2014-12-31 to 2015-12-29 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3AOperatingCashFlow&period=2015-12-29&surface=latest&period_type=duration&start=2014-12-31&unit=USD&dimensions= Input fundies:OperatingCashFlow: 152270000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#528682 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 105.24 million Exact value Exact value: 105244000 USD 2014-12-31 – 2015-12-29: 105244000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ClubCorp Holdings, Inc. · 2015-12-29 ClubCorp Holdings, Inc. (edgar:1577095) Capital Expenditure: 105244000 USD Concept: fundies:CapitalExpenditure Period: 2014-12-31 to 2015-12-29 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ACapitalExpenditure&period=2015-12-29&surface=latest&period_type=duration&start=2014-12-31&unit=USD&dimensions= Input fundies:CapitalExpenditure: 105244000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#567421 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 47.03 million Calculation and evidence 152270000 − 105244000 USD Exact free cash flow: 47026000 USD 2014-12-31 – 2015-12-29: 152270000 USD · Inspect Operating Cash Flow · Source 2014-12-31 – 2015-12-29: 105244000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ClubCorp Holdings, Inc. · 2015-12-29 ClubCorp Holdings, Inc. (edgar:1577095) Free cash flow: 47026000 USD Concept: free-cash-flow Period: 2014-12-31 to 2015-12-29 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 152270000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#528682 Filing: 000157709517000061 Input fundies:CapitalExpenditure: 105244000 USD (2014-12-31 to 2015-12-29) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#567421 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.
2016 2015-12-30 – 2016-12-27	USD 3.58 million Exact value Exact value: 3577000 USD 2015-12-30 – 2016-12-27: 3577000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ClubCorp Holdings, Inc. · 2016-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Net Income: 3577000 USD Concept: fundies:NetIncome Period: 2015-12-30 to 2016-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ANetIncome&period=2016-12-27&surface=latest&period_type=duration&start=2015-12-30&unit=USD&dimensions= Input fundies:NetIncome: 3577000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#531135 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 157.65 million Exact value Exact value: 157654000 USD 2015-12-30 – 2016-12-27: 157654000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ClubCorp Holdings, Inc. · 2016-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Operating Cash Flow: 157654000 USD Concept: fundies:OperatingCashFlow Period: 2015-12-30 to 2016-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-27&surface=latest&period_type=duration&start=2015-12-30&unit=USD&dimensions= Input fundies:OperatingCashFlow: 157654000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#529146 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 108.77 million Exact value Exact value: 108770000 USD 2015-12-30 – 2016-12-27: 108770000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ClubCorp Holdings, Inc. · 2016-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Capital Expenditure: 108770000 USD Concept: fundies:CapitalExpenditure Period: 2015-12-30 to 2016-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-27&surface=latest&period_type=duration&start=2015-12-30&unit=USD&dimensions= Input fundies:CapitalExpenditure: 108770000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#567633 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.	USD 48.88 million Calculation and evidence 157654000 − 108770000 USD Exact free cash flow: 48884000 USD 2015-12-30 – 2016-12-27: 157654000 USD · Inspect Operating Cash Flow · Source 2015-12-30 – 2016-12-27: 108770000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ClubCorp Holdings, Inc. · 2016-12-27 ClubCorp Holdings, Inc. (edgar:1577095) Free cash flow: 48884000 USD Concept: free-cash-flow Period: 2015-12-30 to 2016-12-27 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1577095?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 157654000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#529146 Filing: 000157709517000061 Input fundies:CapitalExpenditure: 108770000 USD (2015-12-30 to 2016-12-27) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1577095/000157709517000061/cc-20161227.xml#567633 Filing: 000157709517000061 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

96 filings · 2,043 latest values · 2,043 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001577095, 1577095, MYCC, edgar:1577095

Also known as ClubCorp Holdings, Inc.

ClubCorp Holdings, Inc.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2016 2015-12-30 – 2016-12-27

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation