ALARM.COM HOLDINGS, INC. ALRM Cash Flow

Alarm.com holdings, inc. (ALRM)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15
Cash flows from / (used in) operating activities:
Net income
52,891	53,330	48,424	23,082	20,019	21,524	13,916	36,671	35,803	29,251	31,907	19,371	11,379	10,154	10,453	10,829	11,465	11,768	0	0	0
Adjustments to reconcile net income to net cash from / (used in) operating activities:
Provision for credit losses on accounts receivable
2,800	1,200	700	543	387	100	960	537	385	500	-127	407	621	648	271	148	143	276	0	0	0
Reserve for product returns
288	-123	-42	55	153	273	533	1,085	1,501	2,055	2,266	2,207	2,152	2,071	1,948	1,804	1,652	1,559	0	0	0
Provision for credit losses on notes receivable
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization on patents and tooling
732	700	705	722	831	900	849	903	954	965	1,053	996	899	786	683	631	475	391	0	0	0
Amortization and depreciation
23,328	22,134	21,400	21,824	21,924	21,721	21,107	20,287	19,895	17,734	14,408	10,996	7,763	6,490	6,301	6,146	6,061	5,808	0	0	0
Amortization of debt issuance costs
108	108	108	108	108	108	108	104	101	97	94	96	100	103	106	108	106	108	0	0	0
Amortization of operating leases
7,842	7,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
3,791	2,599	-872	-10,771	-11,551	-11,482	-260	3,983	3,815	2,488	-6,482	-2,031	-973	263	25	-1,084	-1,674	-2,670	0	0	0
Change in fair value of contingent liability
0	-	-	-	0	-	-	-	-	-	-	-	-	-230	-876	-730	-530	-470	0	0	0
Undistributed losses from equity investees
-	-	-	-	-	-	-	-	-	-120	-141	-156	-64	-81	-456	-538	-640	-681	0	0	0
Stock-based compensation
22,695	20,603	18,480	16,902	15,026	13,429	11,949	10,398	8,769	7,413	6,255	5,435	4,462	4,001	3,549	3,752	3,638	3,347	0	0	0
Acquired in-process research and development
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
23,584	22,273	10,157	8,075	13,038	9,298	15,714	12,063	6,504	1,911	3,186	5,757	6,789	11,181	9,204	5,885	8,536	5,910	0	0	0
Inventory
6,440	6,491	4,072	9,177	12,824	8,813	3,289	4,455	5,601	3,335	1,813	511	-594	4,068	1,928	1,184	-310	-378	0	0	0
Other current and non-current assets
8,086	2,887	1,626	-4,898	-4,769	-115	-508	6,609	8,773	2,542	5,903	4,752	368	837	3,877	3,064	1,284	2,725	0	0	0
Accounts payable, accrued expenses and other current liabilities
-910	-10,980	-20,816	26,901	27,629	30,615	24,271	-2,718	-3,710	3,774	9,131	10,792	7,280	10,458	4,854	5,867	9,258	5,966	0	0	0
Deferred revenue
-323	-1,567	-1,851	-991	-597	-1,502	-828	-729	-849	-517	13	-252	186	636	116	1,123	1,064	1,081	0	0	0
Operating lease liabilities
-8,619	-8,268	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
1,257	403	-129	-1,116	-1,466	-1,758	-1,564	-805	1,046	314	1,861	2,283	1,083	3,225	5,448	9,168	9,054	8,431	0	0	0
Cash flows from / (used in) operating activities
61,199	47,112	49,579	68,373	56,003	60,710	53,620	47,655	47,738	57,187	49,614	39,396	28,283	22,600	18,374	28,243	31,842	28,019	0	0	0
Cash flows used in investing activities:
Business acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	154,289	154,289	154,289	154,289	0	-217	0	20	5,632	0	0	0
Additions to property and equipment
20,081	19,324	12,358	10,592	10,930	11,015	12,129	10,881	10,874	10,464	10,597	10,205	9,154	9,055	9,937	12,899	11,859	10,347	0	0	0
Purchases of in-process research and development
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuances or purchases of notes receivable
6,042	26,103	27,361	21,348	21,348	1,287	3,000	4,000	7,000	8,000	8,000	7,000	4,000	3,073	162	260	381	406	0	0	0
Receipt of payment on notes receivable
31,699	31,696	0	0	0	-	-	-	-	-	-	-	-	2,441	2,441	2,441	2,441	0	0	0	0
Cash flows used in investing activities
-57,404	-73,414	-9,949	-25,615	-33,353	-13,377	-15,129	-10,923	-13,916	-168,795	-168,928	-173,094	-169,182	-11,426	-9,373	-11,050	-11,066	-17,632	0	0	0
Cash flows from financing activities:
Proceeds from credit facility
0	-	-	-	0	-	-	-	-	139,000	67,000	67,000	67,000	0	0	0	0	-	-	-	-
Repayments of credit facility
3,000	4,000	4,000	4,000	4,000	4,000	76,000	75,700	75,700	74,700	0	0	0	-	-	-	-	-	-	-	-
Payments of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,632	0	0	0
Purchases of treasury stock
5,149	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from early exercise of stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	129	0	0	0
Issuances of common stock from equity-based plans
3,644	3,870	4,450	6,134	6,995	6,400	5,551	4,457	3,973	3,450	3,612	2,785	1,763	1,661	1,246	587	703	344	0	0	0
Tax windfall benefit from stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cash flows from financing activities
45,495	-130	450	2,134	2,994	2,399	1,112	311	-174	67,303	68,904	68,450	68,204	1,102	-552	96,088	75,880	75,399	0	0	0
Net increase / (decrease) in cash and cash equivalents
49,290	-26,432	40,080	44,892	25,644	49,732	39,603	37,043	33,648	-44,305	-50,410	-65,248	-72,695	12,276	8,449	113,281	96,656	85,786	0	0	0
Noncash investing and financing activities:
Assumed options from business acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-
Cash not yet paid for capital expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	1,235	752	858	1,896	625	0	0	0
Cash not yet paid for business and asset acquisitions - holdback
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-217	0	417	0	0	0
Contingent liability from business acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-645	-360	-300	230	0	0	0
Deferred offering costs in accounts payable, accrued expenses and other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0