ANSYS, Inc. ANSS Cash Flow

Ansys, inc. (ANSS)

CashFlow / Quarterly

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	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
46,064	165,852	89,463	109,750	86,230	153,163	89,336	92,596	84,280	52,585	73,630	69,730	63,306	69,983	69,557	69,628	56,468	68,021	66,033	62,335	56,132	69,633	65,479	63,036	56,542	75,929	62,430	55,945	51,023	56,063	51,619	50,262	45,539	47,457	45,546	45,431	42,241	49,140	36,130	35,493	32,369
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and intangible assets amortization
20,702	18,300	14,698	14,103	13,415	11,914	13,603	17,125	16,613	17,739	16,930	16,418	16,591	17,267	17,444	17,444	17,432	18,888	19,647	19,707	19,428	20,701	21,351	20,414	19,458	19,438	19,878	20,702	20,683	21,753	21,752	21,205	20,712	19,039	17,091	14,994	14,831	15,409	15,152	15,049	15,216
Operating lease right-of-use assets expense
5,075	4,547	4,942	4,487	4,483	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax benefit
-5,442	-1,290	-6,983	-4,851	-1,387	-5,500	-16,232	-8,698	-3,245	1,524	-8,908	-4,600	9,291	-7,819	-6,484	-5,294	8,676	-7,895	-10,576	-3,841	7,116	-5,161	-7,729	-6,325	356	-5,841	-10,826	-6,473	-885	-6,217	-6,783	-7,685	1,789	14	-3,896	-2,177	3,038	-5,990	-8,756	-7,864	-4,031
Accounts Receivable, Credit Loss Expense (Reversal)
3,116	341	549	1,620	390	211	904	421	64	118	201	141	1,040	1,003	311	568	127	18	453	517	316	459	715	812	118	336	471	368	290	768	140	27	3	126	137	47	94	830	3	504	420
Stock-based compensation expense
30,941	31,406	31,862	29,122	23,800	24,459	22,983	20,635	15,269	13,746	14,773	14,122	10,513	8,783	8,952	8,534	7,078	8,220	8,870	9,030	7,831	9,278	9,953	10,165	7,465	8,556	9,081	8,874	8,787	8,485	8,104	8,024	7,802	6,514	6,108	5,319	5,147	5,116	4,743	4,656	4,504
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	663	3,121	2,582	4,912	3,774	2,380	3,465	1,232	2,011	1,961	4,767	5,987	1,958	2,071	3,872	3,016	2,127	3,191	1,712	3,952	1,248	2,947	3,606
Other
-1,553	-218	-1,024	-443	-1,093	1,629	-902	-865	-272	220	-215	-389	363	-1,501	70	-84	225	60	-1,607	100	34	-848	222	-244	2	-24	-2	-8	-39	-64	6	2	-13	-31	-36	-114	1	-160	104	19	18
Changes in operating assets and liabilities:
Accounts receivable
-117,830	141,793	9,661	46,932	-43,983	106,811	-4,832	-5,017	-22,507	32,305	6,996	-9,835	-15,060	23,989	-480	3,739	-9,860	663	4,545	7,155	-18,407	19,647	-2,753	3,998	-15,338	18,165	-4,506	4,464	-15,140	22,985	-10,229	5,277	-5,632	20,158	-2,444	-2,824	-6,804	23,114	-11,719	-2,069	1,823
Other receivables and current assets
-12,013	63,955	-25,993	16,583	-28,363	53,448	-24,963	7,923	-6,167	79,252	-16,440	-26,111	-18,203	66,075	-4,410	7,789	-29,810	52,992	-9,833	-7,663	-17,834	49,438	-15,019	-1,776	-31,766	67,525	-14,329	-16,200	7,166	44,091	-17,896	10,161	14,129	36,080	-4,400	-13,363	-1,391	31,459	32,445	-11,049	8,612
Other long-term assets
3,426	3,334	814	-1,042	2,516	619	-144	-1,125	-1,189	4,930	699	852	-6,046	7,087	-625	613	92	123	-381	-253	238	2,272	-540	60	46	655	2	-56	-139	-16,363	16,826	-125	-5,365	-190	1,189	50	341	608	59,760	-107	104
Accounts payable, accrued expenses and current liabilities
-99,112	75,832	927	15,834	-54,050	51,163	14,733	-5,967	-40,009	49,407	10,768	-9,795	-23,335	40,541	2,005	6,631	-32,258	26,262	471	3,245	-36,971	27,067	-1,145	11,123	-28,837	30,708	4,175	9,262	-28,408	19,342	6,187	6,073	-22,054	18,205	3,994	6,619	-10,596	8,934	12,140	3,022	-7,554
Accrued income taxes
1,006	3,122	-2,368	-6,178	5,999	3,667	536	-1,310	-1,807	1,436	567	-2,091	1,303	4,378	2,236	-12,164	14,602	3,381	126	-7,371	9,634	6,246	4,114	-9,281	11,023	3,016	3,876	1,566	3,418	6,095	1,398	168	6,955	3,192	4,741	2,410	-675	-70,257	74,447	-1,397	7,815
Deferred revenue
4,784	53,052	-25,466	-12,576	2,235	55,038	-31,963	1,434	31,704	56,150	-33,792	-8,886	7,176	53,608	-17,423	-142	5,387	47,123	-17,396	-8,895	19,734	37,628	-24,807	995	21,732	40,432	-33,527	509	34,691	34,715	-23,082	7,199	28,916	35,820	-12,729	2,937	23,945	20,101	-18,036	3,264	23,488
Other long-term liabilities
12,308	-2,875	-3,798	-742	-460	-100	-14,780	-4,199	-583	24,728	5,756	1,660	1,062	7,115	2,356	-1,499	-6,142	826	3,554	-5,855	-2,487	1,843	-685	-6,688	191	-60	-6,942	-13,444	2,450	-14,780	1,691	6,982	926	6,280	1,722	-9,728	691	10,707	38,070	-2,869	1,631
Net cash provided by operating activities
147,412	139,451	120,368	88,539	151,578	131,485	109,961	111,121	132,421	100,700	88,885	112,182	125,893	99,209	84,399	71,649	110,723	117,372	77,795	66,412	114,120	92,273	81,562	79,833	131,639	84,961	65,440	87,148	95,434	69,588	70,361	74,869	83,597	77,614	66,278	78,910	84,859	-25,265	72,263	60,155	59,731
Cash flows from investing activities:
Acquisitions, net of cash acquired
2,348	492,209	9,664	41,000	244,323	0	0	283,026	0	37,887	20,134	0	5,864	7,891	0	0	0	5,225	30,516	-101	10,477	499	0	84,119	18,398	0	0	4,224	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures
6,987	19,159	8,835	10,046	6,900	8,685	6,326	3,818	2,933	4,334	7,313	3,445	4,057	4,224	2,151	3,373	2,695	5,380	3,083	4,060	3,622	5,395	8,705	7,831	4,092	14,701	5,467	4,593	4,087	6,095	3,552	9,587	4,743	9,539	4,919	4,264	3,341	5,105	4,736	2,549	1,870
Other investing activities
264	-11,268	3,672	8,548	460	1,933	34	1,173	4,303	-9,179	8,926	10,920	964	484	1,099	10,260	-4	-232	-109	44	67	62	41	85	43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	75	46	47	16	96	69	69	48	120	114	31	85	120	839
Maturities of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	57	16	31	52	173	68	30	86	104	37	697	107	195	7,688
Net cash used in investing activities
-9,599	-500,100	-22,171	-59,594	-251,683	-10,618	-6,360	-288,017	-7,236	-33,042	-36,373	-14,365	-10,885	-12,599	-3,250	-13,633	-2,691	-10,373	-33,490	-4,003	-14,166	-5,956	-8,746	-92,035	-22,533	-14,756	-5,469	-8,835	-4,117	-4,791	-49,911	-9,510	-4,744	-9,311	-274,634	-4,280	-3,418	-4,439	-4,714	-2,474	4,979
Cash flows from financing activities:
Principal payments on long-term debt
-75,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	5	71	10	-	0	0	0	0	0	5	9	17	15	23	32	54	76	75	78
Principal payments on long-term debt and capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	26,574	0	26,575	26,574	26,574	10,630	10,630	10,629	10,630	5,315	5,315	5,315	5,315	35,000	20,000
Purchase of treasury stock
161,029	0	0	14,260	44,856	77,014	74,956	0	117,831	112,751	0	122,939	100,352	93,047	114,528	86,076	42,684	95,162	114,032	3,089	125,627	125,180	36,517	72,096	0	-	-	-	-	-	-	-	-	0	0	0	12,704	0	0	0	0
Restricted stock withholding taxes paid in lieu of issued shares
62,425	4,495	2,331	2,611	32,994	1,924	1,914	708	24,333	1,037	1,038	557	8,480	13	40	252	4,752	15	49	139	4,243	0	0	0	5,108	0	0	0	4,269	0	0	0	0	-	-	-	-	-	-	-	-
Contingent consideration payments
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,048	0	0	1,173	0	0	3,086	0	1,418	0	3,174	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from shares issued for stock-based compensation
9,716	5,460	7,853	10,404	10,376	3,621	10,796	13,843	12,759	4,511	6,366	11,128	30,498	10,464	25,928	7,283	10,136	7,060	6,888	13,905	15,770	16,600	12,563	5,588	8,572	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock under Employee Stock Purchase Plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,713	0	1,274	0	1,330	0	1,116	-1	1,230	0	938	0	964	0	628
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,730	3,983	12,920	12,711	5,555	5,641	8,053	7,963	2,271	6,385	6,172	9,869	1,839	3,744	7,477
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	663	3,121	2,582	4,912	3,774	2,380	3,465	1,232	2,011	1,961	4,767	5,987	1,958	2,071	3,872	3,016	2,127	3,191	1,712	3,952	1,248	2,947	3,606
Other financing activities
0	-1,520	0	0	-1,617	-75	0	-4,939	0	-	-	-	-	0	0	0	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-288,738	499,445	5,522	-6,467	-69,091	-75,392	-66,074	8,196	-129,405	-109,277	5,328	-112,368	-78,334	-82,596	-88,640	-79,045	-38,349	-94,489	-106,535	12,620	-111,523	-103,673	-23,271	-64,199	5,501	-34,069	-16,294	-67,513	-11,883	-41,762	-20,972	-64,514	2,402	332	-5,017	4,238	-9,229	8,452	-1,340	-28,384	-8,367
Effect of exchange rate fluctuations on cash and cash equivalents
-3,421	614	-2,490	1,586	-552	2,484	-4,241	-20,899	8,212	3,549	3,735	6,359	7,035	-19,451	2,052	949	9,584	-4,581	-1,885	4,931	-16,101	-11,385	-15,655	1,632	591	-984	4,254	-2,390	-5,144	-1,219	3,925	-7,207	4,763	-3,105	-10,041	910	5,243	-985	13,019	-3,049	-2,981
Net decrease in cash and cash equivalents
-154,346	139,410	101,229	24,064	-169,748	47,959	33,286	-189,599	3,992	-38,070	61,575	-8,192	43,709	-15,437	-5,439	-20,080	79,267	7,929	-64,115	79,960	-27,670	-28,741	33,890	-74,769	115,198	35,152	47,931	8,410	74,290	21,816	3,403	-6,362	86,018	65,530	-223,414	79,778	77,455	-22,237	79,228	26,248	53,362
Supplemental disclosure of cash flow information:
Income taxes paid
6,757	13,209	17,861	50,868	4,832	13,158	27,424	43,260	3,402	31,629	28,865	53,519	2,376	23,389	29,193	59,836	6,037	29,351	22,849	51,745	3,273	27,398	27,268	53,336	10,002	25,546	31,423	35,826	4,911	24,213	26,954	39,006	13,023	14,226	19,282	22,454	8,769	85,897	10,293	26,726	8,945
Interest paid
5,628	-	-	-	6	-	-	-	-	-	-	-	-	-	64	292	435	11	0	587	22	10	203	220	210	1	24	571	140	235	920	363	452	401	553	415	489	442	562	830	1,146
Construction-in-progress - leased facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,263	2,446	5,845	5,582	6,914	4,964	6,258	0	-	-	-	-	-	-	-	-	-	-	-	-