Axon enterprise, inc. (AAXN)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-

-

-

-

-

29,205

25,051

19,762

13,553

5,207

13,619

17,040

18,414

17,297

16,060

13,738

16,191

19,933

19,915

25,951

23,732

19,918

20,207

17,764

18,337

18,244

16,684

15,246

14,232

14,738

5,021

2,481

-3,255

-7,040

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

11,442

11,361

10,585

10,941

11,004

10,615

10,590

9,802

8,848

8,041

6,591

5,215

4,361

3,658

3,725

3,772

3,575

3,291

3,259

3,412

3,772

4,317

4,463

4,450

4,874

5,131

5,441

6,071

6,271

6,519

7,098

7,374

7,695

8,097

0

0

0

Loss on disposal and abandonment of intangible assets

-62

-67

-65

-2,081

-2,135

-2,117

0

0

0

-

-

-

-

-

-

-

-

-225

-220

-254

-274

-215

-266

-183

-152

-168

-182

-377

-217

-195

0

0

0

-

-

-

-

Purchase accounting adjustments to goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

520

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal and impairment of property and equipment, net

-2,817

-2,542

-2,421

-1,713

-511

-303

-262

-125

-6

28

-2

-59

-65

-42

-34

36

42

19

13

0

-2

-17

-19

-19

-17

27

47

-238

-132

-161

-2,183

-1,936

-2,754

-2,800

0

0

0

Bond premium amortization

-

-

-

-

-

-

-

-

-

-

879

980

1,108

1,265

1,378

1,536

1,646

1,650

1,534

1,355

1,144

957

790

648

481

289

175

62

10

29

0

0

0

-

-

-

-

Change in provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

296

0

0

0

Change in provision for excess and obsolete inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Change in provision for warranty expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

382

-1,130

-731

-527

-824

-292

-175

-310

0

0

0

Provision for excess and obsolete inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Stock-based compensation

90,785

78,495

36,772

29,364

25,691

21,879

19,489

17,234

16,256

15,610

14,050

12,266

10,596

9,369

8,919

8,566

7,939

7,263

6,544

6,118

5,946

5,579

5,555

5,081

4,594

4,340

4,130

4,017

3,586

3,422

2,701

2,545

2,833

3,038

0

0

0

Litigation judgment recovery

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Deferred income taxes

-10,112

-7,987

-5,212

-4,845

-4,529

-3,592

4,659

4,230

5,560

2,830

-6,650

-5,180

-5,662

-5,167

-790

60

744

994

-7,152

-4,823

-3,274

3,598

5,271

4,732

5,290

621

4,008

2,296

1,596

1,683

2,884

2,448

-822

-2,481

0

0

0

Unrecognized tax benefits

1,017

983

1,639

1,545

1,347

1,144

42

-261

-221

-191

431

671

620

582

134

356

-234

-156

1,642

1,140

1,661

202

0

0

0

-

-

-

965

920

-432

-267

-287

-299

0

0

0

Other noncash, net

4,188

3,928

2,923

1,826

908

34

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for expected credit losses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

1,438

1,541

779

5,236

6,936

8,450

8,714

4,941

7,985

8,588

8,433

9,610

6,797

0

0

0

-

-

-

-

-

-

-

-

Change in assets and liabilities:
Accounts and notes receivable and contract assets

26,536

38,830

46,968

53,858

72,577

67,643

60,450

44,171

40,507

35,305

40,056

41,152

38,101

28,438

19,110

5,763

8,891

-3,017

-4,082

2,015

520

8,247

7,004

6,261

3,695

4,387

5,427

7,785

2,262

6,080

2,175

-832

2,985

-1,463

0

0

0

Inventory

9,597

4,903

531

-2,781

-8,460

-14,804

-16,361

-18,530

-4,348

11,746

26,938

37,688

28,027

18,668

7,627

-1,721

-3,116

-3,140

2,232

8,526

9,367

7,214

3,560

1,757

1,372

116

2,454

1,617

1,182

62

-938

537

-289

-1,328

0

0

0

Prepaid expenses and other assets

4,416

9,845

12,625

11,071

14,189

12,739

9,821

6,366

7,987

8,992

11,422

6,009

9,248

10,611

12,273

13,835

10,023

7,352

5,537

5,565

-2,095

1,080

-611

481

4,009

569

1,848

3,608

432

-177

282

-1,227

-302

374

0

0

0

Accounts payable, accrued and other liabilities

8,689

4,967

-4,328

-558

-518

13,506

2,454

-8,689

1,708

1,530

9,215

20,852

19,401

18,399

16,737

7,319

11,381

5,868

12,737

16,761

8,271

9,852

5,868

3,878

10,281

6,560

994

3,435

2,239

4,433

5,345

4,409

4,184

3,412

0

0

0

Deferred revenue

25,280

24,013

51,018

50,323

50,920

54,242

0

0

0

-

-

-

36,237

34,304

30,953

27,968

18,286

15,289

16,356

14,682

15,545

15,469

11,379

8,548

7,744

8,096

8,072

6,376

5,602

4,169

3,174

2,472

858

296

0

0

0

Customer deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

794

676

1,620

238

203

934

104

-166

-709

-847

158

654

750

504

-131

87

119

454

210

41

0

0

0

Net cash provided by (used in) operating activities

93,058

65,673

51,103

45,193

31,861

63,875

56,958

47,035

43,124

18,471

-6,675

-1,659

7,433

21,135

38,090

45,812

40,530

46,445

43,108

40,439

44,130

35,432

31,977

26,165

32,217

32,426

26,345

25,355

27,373

26,517

25,886

21,495

16,571

17,266

0

0

0

Cash flows from investing activities:
Purchases of investments

348,667

354,477

242,693

141,992

108,851

4,331

4,331

4,331

20,752

19,950

26,720

47,369

35,758

56,086

61,182

52,381

55,929

62,464

59,885

54,338

45,941

32,900

34,275

33,747

42,934

29,112

18,456

12,676

997

6,242

6,234

6,945

6,937

11,479

0

0

0

Proceeds from call / maturity of investments

214,398

130,083

92,707

29,439

7,991

11,158

22,105

33,741

45,446

61,080

59,349

66,899

65,719

64,951

66,621

55,169

51,509

44,105

35,048

28,162

19,246

10,997

11,423

11,900

10,080

9,380

8,127

5,191

6,320

9,640

0

0

0

-

-

-

-

Purchases of property and equipment

12,877

15,939

16,370

14,335

15,347

11,139

8,227

9,343

9,139

10,419

10,694

8,734

6,020

4,957

5,499

6,197

6,859

6,003

4,278

3,053

2,130

2,505

2,675

2,166

2,199

1,783

1,620

1,570

1,439

1,334

1,570

1,796

1,805

1,854

0

0

0

Proceeds from disposal of property and equipment

0

-

-

-

0

-

-

-

-

-

-

-

-

42

67

73

76

40

0

0

0

-

-

-

-

34

0

0

0

-

-

-

-

-

-

-

-

Purchases of intangible assets

287

404

426

648

686

558

1,053

1,108

963

1,024

3,587

3,480

3,492

3,495

438

485

549

501

460

275

166

183

177

230

286

323

362

379

410

429

440

451

447

413

0

0

0

Investment in unconsolidated affiliate

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

10,629

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-152,055

-240,737

-166,782

-127,512

-121,883

-9,860

3,528

9,819

10,466

19,082

4,221

-2,654

10,476

-3,045

-431

-7,167

-22,938

-36,009

-40,748

-37,334

-28,981

-24,581

-26,952

-25,501

-36,597

-23,062

-12,231

-9,354

3,552

1,681

892

3,083

1,957

-7,597

0

0

0

Cash flows from financing activities:
Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

33,746

33,746

41,302

16,518

7,556

0

0

0

-

-

-

-

25,000

0

0

0

-

-

-

-

32,499

0

0

0

Proceeds from options exercised

42

114

1,150

1,275

1,501

1,757

841

728

1,443

1,383

1,302

1,497

744

478

531

342

2,098

2,673

4,976

6,181

4,330

11,000

13,735

18,678

22,325

15,357

11,417

5,583

2,221

1,929

2,113

1,819

1,437

1,427

0

0

0

Income and payroll tax payments for net-settled stock awards

7,982

4,051

5,422

5,452

11,609

14,127

12,596

11,688

5,065

3,453

3,303

3,308

3,193

1,772

1,821

1,759

1,920

1,370

933

804

403

1,347

1,350

1,314

1,269

309

0

0

0

-

-

-

-

-

-

-

-

Payments on capital lease obligation

-

-

-

-

-

-

-

-

-

-

-

-

30

-

81

81

81

80

38

36

37

36

35

35

34

34

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

1,438

1,541

779

5,236

6,936

8,450

8,714

4,941

7,985

8,588

8,433

9,610

6,797

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

-7,940

-3,937

-5,972

-5,877

221,610

219,348

219,913

220,708

-5,364

-3,820

-2,328

-1,365

-26,709

-34,554

-33,627

-42,050

-11,200

603

4,873

11,165

-13,611

-4,840

-1,504

6,210

10,983

-3,189

-5,066

-14,892

-16,697

-13,363

-25,482

-34,307

-25,989

-31,062

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-1,628

329

-1,071

-488

-1,176

-774

-347

1,056

1,282

737

978

-269

725

906

681

357

125

120

39

141

177

85

88

-11

-50

-31

-7

1

2

-9

93

-19

-1

10

0

0

0

Net decrease in cash and cash equivalents

-68,565

-178,672

-122,722

-88,684

130,412

272,589

280,052

278,618

49,508

34,470

-3,804

-5,947

-8,075

-15,558

4,713

-3,048

6,517

11,159

7,272

14,411

1,715

6,096

3,609

6,863

6,553

6,144

9,040

1,109

14,230

14,826

1,391

-9,748

-7,461

-21,383

0

0

0

Supplemental disclosures:
Cash paid for income taxes, net of refunds

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Non-cash transactions
Property and equipment purchases in accounts payable and accrued liabilities

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Non-cash purchase consideration related to business combinations

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-