Akamai Technologies, Inc AKAM Cash Flow

Akamai technologies, inc (AKAM)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Cash flows from operating activities:
Net income
478,035	298,373	222,766	320,727	321,406	333,948	293,487	203,989	200,904	171,220	145,913	145,138	100,967
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
440,674	434,520	372,313	334,302	299,563	247,406	184,431	204,163	167,878	143,242	122,494	98,080	71,895
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	507	840	840	840
Stock-based compensation
187,140	183,813	164,308	144,506	126,677	111,996	95,884	90,585	61,305	76,468	58,797	57,899	66,555
Provision (benefit) for doubtful accounts
-	-	-	-	-	-	-	-316	2,066	1,546	6,727	2,575	2,901
Excess tax benefits from stock-based compensation
-	-	-	-	-	32,238	22,801	23,015	13,123	28,973	2,236	11,176	20,862
(Benefit) provision for deferred income taxes
933	2,339	-7,244	9,629	4,098	-25,880	27,343	-5,819	53,628	62,462	81,706	81,698	65,272
Amortization of debt discount and issuance costs
45,857	41,958	18,839	18,638	18,525	15,463	0	0	-	-	-	-	-
Non-cash portion of loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-299	0	-	3
Restructuring-related software charges
3,784	4,940	31,965	4,587	0	-	-	-	-	-	-	-	-178
Other non-cash reconciling items, net
-4,744	-12,078	-10,068	5,987	5,804	2,565	1,176	-	-	-	-	-	-
Non-cash portion of restructuring charges
-	-	-	-	-	-	-	0	-412	0	0	842	-
(Gain) loss on disposal of property and equipment
-	-	-	-	-	-	-	-3	-597	-428	-391	242	-23
Loss on investments
-	-	-	-	-	-	-	0	-	-	-	-	-
Gain from divestiture of a business
-	-	-	-	-	-	-	0	0	-	1,062	-	0
Change in fair value of contingent consideration
-	-	-	-	-	-	-	0	-	-	-	-	-
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable
64,471	30,445	50,054	2,970	56,247	58,397	67,184	2,108	37,837	23,563	1,159	21,474	31,937
Prepaid expenses and other current assets
-11,689	4,132	28,968	-42,145	-7,137	60,788	3,842	-6,357	4,828	12,089	5,020	5,471	12,009
Accounts payable and accrued expenses
8,769	42,238	33,232	18,491	51,624	94,698	40,533	58,672	7,214	20,529	10,255	-4,181	-12,965
Deferred revenue
-13,547	-919	2,938	-3,512	3,224	7,725	11,495	4,552	-3,721	-9,454	5,871	-1,492	5,297
Other current liabilities
-17,230	9,422	16,378	5,484	-345	-702	52	-3,278	3,572	-617	-1,067	1,216	-2,722
Other non-current assets and liabilities
28,073	-14,142	-14,442	26,202	-11,986	-22,274	-3,334	3,765	-8,211	-1,306	-2,744	-442	-3,874
Net cash provided by operating activities
1,058,304	1,008,327	800,983	871,812	793,452	658,070	563,908	530,020	446,278	402,455	424,412	343,494	236,954
Cash flows from investing activities:
Cash received (paid) for business acquisitions, net of cash acquired
165,329	79	369,073	95,439	141,147	386,532	30,657	336,680	550	12,668	5,779	83,719	-7,875
Cash paid for equity method investment
36,008	0	0	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment
359,667	217,609	254,146	180,949	311,676	207,159	187,964	166,773	133,445	159,276	80,918	90,369	81,405
Capitalization of internal-use software development costs
202,410	188,132	160,632	135,340	133,307	111,468	72,109	54,204	42,644	32,769	27,229	25,017	19,057
Purchases of short- and long-term marketable securities
1,990,148	873,697	326,497	781,061	692,879	1,225,409	494,885	752,342	880,110	1,146,493	790,351	533,069	550,614
Proceeds from sales of short- and long-term marketable securities
856	16,569	219,916	57,740	2,008	373,730	160,210	214,277	701,313	691,227	403,559	182,255	258,366
Proceeds from maturities of short- and long-term marketable securities
1,084,373	758,481	432,853	664,837	843,931	372,287	314,925	315,788	532,910	324,606	141,544	185,397	157,405
Increase in other investments
-	-	-	-	-	-	-	-	-	500	0	-	-
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	12	150	176	93	82	0
Other non-current assets and liabilities
-399	2,066	1,586	-786	2,494	-5,745	2,628	-812	274	338	233	-	723
Proceeds from divesture of certain assets
-	-	-	-	-	-	-	-	-	-	1,350	-	0
Net cash (used in) provided by investing activities
-1,667,934	-506,533	-459,165	-469,426	-435,564	-1,178,806	-313,108	-779,110	177,350	-335,359	-357,498	-364,440	-226,707
Cash flows from financing activities:
Proceeds from the issuance of convertible senior notes
1,135,629	1,132,185	0	0	-	678,735	0	0	-	-	-	-	-
Proceeds from Issuance of Warrants
185,150	119,945	0	0	-	77,970	0	0	-	-	-	-	-
Payments for Hedge, Financing Activities
312,225	261,740	0	0	-	101,292	0	0	-	-	-	-	-
Repayment of convertible senior notes
690,000	0	0	-	-	-	-	-	-	-	-	-	-
Repayment of acquired debt and capital leases
-	-	-	-	-	17,862	0	0	-	-	-	-	-
Payment of contingent consideration related to acquired business
-	-	-	-	-	-	-	0	-	-	-	-	-
Proceeds related to the issuance of common stock under stock plans
57,112	62,608	55,680	59,560	61,791	87,109	63,707	45,114	25,302	45,776	21,724	21,966	31,621
Excess tax benefits from stock-based compensation
-	-	-	-	-	32,238	22,801	23,015	13,123	28,973	2,236	11,176	20,862
Employee taxes paid related to net share settlement of stock-based awards
75,266	64,305	58,395	45,545	54,164	50,649	41,332	34,690	8,393	0	0	-	-
Repurchases of common stock
334,519	750,000	361,194	373,794	302,606	268,647	160,419	141,468	324,070	92,425	66,497	-	0
Other non-current assets and liabilities
-1,558	-5,085	-1,096	0	-2,050	1,575	0	-	-	-	-	-	-
Payments on capital leases
-	-	-	-	-	-	-	-	-	-	-	-	23
Net cash used in financing activities
-35,677	233,608	-365,005	-359,779	-297,029	436,027	-115,243	-108,029	-294,038	-17,676	-42,537	33,142	52,460
Effects of exchange rate changes on cash, cash equivalents and restricted cash
2,466	-12,844	12,990	-7,891	-10,036	-10,532	-3,655	-89	-2,259	1,141	854	-1,200	1,776
Net decrease in cash, cash equivalents and restricted cash
-642,841	722,558	-10,197	34,716	50,823	-95,241	131,902	-357,208	327,331	50,561	25,231	10,996	64,483
Supplemental disclosure of cash flow information:
Cash paid for interest
-	-	-	-	-	-	-	-	-	1,258	1,998	1,999	2,005
Cash paid for income taxes, net of refunds received of $1,204 and $1,176 for the three months ended March 31, 2020 and 2019, respectively
73,898	45,129	91,640	120,233	75,033	166,211	63,508	94,833	45,578	26,200	20,989	11,870	3,147
Cash paid for interest expense
1,438	639	0	-	-	-	-	-	-	-	-	-	-
Cash paid for operating lease liabilities
153,818	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash activities:
Operating lease right-of-use assets obtained in exchange for operating lease liabilities
529,376	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses
88,238	54,867	27,209	36,742	19,327	45,868	19,927	12,939	12,412	-	-	-	-
Capitalization of stock-based compensation
35,905	34,785	28,851	23,093	17,867	15,226	12,325	9,276	7,473	7,818	6,280	7,436	6,353
Convertible note receivable received for divestiture of a business
-	-	-	-	-	-	18,882	0	0	-	-	-	-
Common stock and vested stock options issued in connection with acquisitions of businesses
-	-	-	-	-	-	-	-	-	-	-	-	171,957
Common stock issued upon conversion of 1% convertible senior notes
-	-	-	-	-	-	-	-	-	199,755	100	-	145
Common stock returned upon settlement of escrow claims related to prior business acquisitions
-	-	-	-	-	-	-	-	-	430	427	-3,126	-177