Acacia communications, inc. (ACIA)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

41,506

32,839

29,145

22,191

20,971

4,916

-24,536

-14,188

-6,279

38,508

123,366

139,755

152,688

131,577

0

0

0

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

12,100

12,600

12,800

13,300

13,534

13,600

13,299

13,059

12,689

12,300

11,733

11,189

10,379

9,168

0

0

0

Stock-based compensation

36,529

35,153

33,445

32,474

31,063

29,593

28,076

26,757

25,279

23,373

21,771

22,026

25,087

20,745

0

0

0

Deferred income taxes

-12,019

-13,081

3,620

8,450

4,923

3,133

-3,580

-14,252

-20,117

-18,368

-30,760

-25,829

-13,024

-12,344

0

0

0

Non-cash lease expense

5,004

4,872

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other non-cash benefits

1,848

2,244

2,413

2,191

1,487

799

169

-241

-415

-446

-450

-288

-214

-130

0

0

0

Fair Value Adjustment of Warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

3,361

0

0

0

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts Receivable

13,435

7,117

18,279

33,097

8,626

4,229

-14,157

-26,512

-40,126

-21,525

-6,127

5,022

50,758

66,867

0

0

0

Inventory

9,588

15,309

2,608

-12,099

-30,444

-36,721

-15,284

8,964

23,472

30,551

20,789

18,422

8,002

3,761

0

0

0

Prepaid expenses and other current assets

-3,613

-6,080

-1,925

-14,023

-7,689

-6,219

-7,231

2,055

1,770

6,540

13,452

16,616

15,967

10,921

0

0

0

Deferred product costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other assets

-118

302

-264

-253

-809

-1,113

-777

-555

844

4,618

5,098

5,063

4,121

612

0

0

0

Accounts payable

-5,321

-835

14,225

18,426

15,140

1,377

-6,568

-7,446

-2,943

-2,371

-10,512

-12,016

-1,680

23,277

0

0

0

Accrued liabilities

18,286

26,750

24,810

18,802

-6,333

-5,467

-1,764

1,979

10,694

6,957

4,635

12,475

13,848

14,376

0

0

0

Deferred revenue

-3,555

-881

9,350

4,611

5,518

8,357

5,254

2,123

2,599

-548

-6,674

-5,560

-6,023

-6,387

0

0

0

Income taxes payable

-812

-1,674

-12,088

-12,088

-11,276

-12,243

19,205

19,205

19,205

21,034

0

0

0

-

-

-

-

Lease liabilities

5,578

4,541

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

660

550

1,582

1,333

636

748

-555

-66

578

813

876

968

1,027

1,077

0

0

0

Net cash provided by operating activities

65,546

72,819

95,692

99,337

103,353

83,085

66,123

43,474

56,093

61,893

81,922

96,157

105,805

102,844

0

0

0

Purchases of property and equipment

11,855

11,837

12,484

11,049

10,680

14,660

15,368

15,789

15,208

14,112

15,018

17,227

16,641

17,254

0

0

0

Purchases of marketable securities

452,938

476,207

492,289

469,519

414,110

382,438

379,994

345,962

393,476

436,594

0

0

0

-

-

-

-

Sales and maturities of marketable securities

405,878

384,467

423,258

358,900

343,380

340,920

290,971

307,943

291,665

242,735

0

0

0

-

-

-

-

Deposits

9

2

54

79

79

59

-109

-114

-84

-64

96

93

75

86

0

0

0

Net cash provided by (used in) investing activities

-58,924

-103,579

-81,569

-121,747

-81,489

-56,237

-104,282

-53,694

-116,935

-207,907

-195,520

-254,417

-198,619

-121,491

0

0

0

Payment of capital lease obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

34

0

0

0

Deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Payment of public offering costs

-

-

-

-

-

-

-

-

-

201

1,575

2,220

3,199

3,490

0

0

0

Proceeds from the issuance of common stock under stock-based compensation plans

5,856

6,933

6,997

6,870

6,245

5,813

5,458

5,483

5,763

5,678

5,818

5,433

3,399

2,634

0

0

0

Net cash provided by financing activities

5,856

6,933

-20,016

-32,071

-33,467

-33,899

-7,241

4,712

5,750

5,477

106,445

105,415

200,157

199,069

0

0

0

Net increase in cash and cash equivalents

12,478

-23,827

-5,893

-54,481

-11,603

-7,051

-45,400

-5,508

-55,092

-140,537

-7,153

-52,845

107,337

180,422

0

0

0

Effect of exchange rates on cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Supplemental cash flow disclosures:
(Refunds received) cash paid for income taxes, net

1,294

-129

-10,955

-6,708

-5,859

-5,053

7,499

1,291

1,527

1,465

1,138

1,113

725

3,099

0

0

0

Supplemental disclosure of non-cash investing and financing activities:
Right of use assets acquired under operating leases

8,602

7,084

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures incurred but not yet paid

1,263

1,338

-907

789

-497

196

3,859

3,627

3,150

2,742

2,284

648

2,490

1,982

0

0

0

Public offering costs incurred but not yet paid

-

-

-

-

-

-

-

-

-

-

-

-

-111

200

0

0

0

Accretion of redemption value on redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

1,628

0

0

0

Accretion of redeemable convertible preferred stock issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

94

0

0

0