Alpha and omega semiconductor limited (AOSL)
CashFlow / Quarterly
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'11Dec'10Sep'10
Cash flows from operating activities
Net loss including noncontrolling interest

-9,886

-4,573

-1,858

-2,235

-5,955

-5,535

-913

-3,025

-488

5,122

3,339

2,787

2,386

1,657

2,430

1,817

-1,263

-1,611

-1,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,105

-1,297

564

-

-3,294

160

307

-4,062

-13,173

3,718

7,942

6,700

2,604

1,474

2,139

9,682

10,654

8,691

8,800

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

11,784

10,850

10,904

7,879

8,010

8,279

7,870

7,601

7,432

7,408

6,978

7,040

6,885

6,760

6,503

6,598

6,927

6,883

6,895

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-363

-

-

-

-

-84

458

125

60

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,755

6,956

6,955

-

6,829

6,821

6,927

6,956

7,374

7,318

7,180

6,795

6,393

5,797

5,707

5,193

4,768

3,479

2,821

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

48

91

-

83

97

103

103

143

143

143

142

143

143

143

143

143

81

50

Share-based compensation expense

2,876

2,487

2,369

2,518

3,112

4,418

3,129

2,935

2,460

4,009

2,008

2,049

1,715

1,554

1,316

1,266

1,173

1,085

789

1,171

940

1,277

1,102

1,200

861

105

1,209

1,243

1,222

913

1,441

1,451

1,296

1,453

1,222

1,958

1,444

1,224

1,548

Income on equity investment in APM

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

882

886

Deferred income taxes, net

-233

116

32

704

-158

-45

-49

1,606

-1,586

2,327

-103

-666

23

64

-6,645

-80

-285

65

-571

-641

-318

228

-54

378

-455

-119

-378

-513

114

-306

-318

1,822

-225

-101

-28

-567

333

405

75

Gain on disposal of property and equipment

295

-53

-36

-29

2

6

0

-19

29

-44

-11

-19

74

-7

377

-95

0

0

0

11

128

-14

-22

40

0

46

74

-

-

-

-

-

-

-

-

-

-

-

-

Government grant via forgiven loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-250

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-51

-

0

-2

0

43

0

-41

-5

Changes in assets and liabilities:
Accounts receivable, net

-16,402

-5,457

15,033

-4,115

-5,448

-3,249

3,575

4,828

4,644

-1,123

-3,004

5,958

-2,030

-2,577

465

-5,442

5,982

-11,144

-1,583

7,852

4,225

-8,361

-1,469

-617

-1,850

-1,947

2,288

8,486

-13,155

13,589

-9,472

-241

4,660

9,497

-17,010

2,580

-2,644

3,601

1,658

Inventories

9,804

-967

5,823

3,713

4,968

4,913

7,867

-290

4,800

6,486

2,932

2,905

3,110

221

1,170

938

6,809

-856

-2,217

-2,137

-3,671

1,573

1,849

6,759

-2,966

-5,655

83

1,246

-4,395

432

5,278

12,589

4,895

-7,174

-11,942

12,663

9,720

2,692

1,866

Other current and long-term assets

-1,775

2,816

-3,756

-512

1,703

1,040

-344

18,370

7,174

5,879

3,202

-1,550

-898

1,342

5,690

-2,143

3,284

-236

-595

-422

1,246

-690

383

421

716

-249

541

-1,490

1,248

934

-2,784

2,386

-1,686

-1,452

-575

1,321

1,322

-1,754

84

Accounts payable

2,310

-6,429

753

371

-3,888

274

9,653

-1,620

4,615

1,947

-70

6,226

2,894

-1,801

-2,804

-3,447

8,739

-1,261

-5,193

8,381

1,894

-6,425

-515

9,200

2,278

-6,673

712

-3,677

2,946

1,027

1,469

-439

1,466

371

-22,166

-7,259

7,765

-11,812

10,044

Account payable to APM

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,287

-1,010

Income taxes payable

-1,709

406

47

-356

170

-435

20

2,197

-1,283

-1,103

655

-1,196

-325

-70

327

633

-37

-25

389

-471

-303

-974

472

209

-838

164

-451

-1,327

415

-237

455

1,887

-726

339

-1,101

-1,453

444

550

655

Accrued and other liabilities

26

2,652

3,654

-151

-8,307

8,758

9,277

5,630

-5,272

5,746

2,356

3,270

-2,245

-285

2,582

132

1,981

-850

1,936

1,221

-410

574

-103

632

1,446

-297

904

340

-4,174

825

-2,367

2,154

4,066

1,894

-3,618

534

-2,393

7,101

-87

Net cash provided by operating activities

14,312

8,938

-1,227

8,265

-7,925

13,094

17,987

-10,777

-7,597

9,604

12,250

13,548

11,031

8,772

9,297

13,821

1,730

16,824

7,807

9,455

3,162

7,423

7,629

10,999

11,920

8,301

6,740

-8,246

13,585

-942

23,610

2,056

8,056

10,828

11,941

-7,243

14,094

4,980

18,257

Cash flows from investing activities
Purchases of property and equipment excluding JV Company

13,063

12,062

8,292

-

8,184

8,002

15,216

-

12,393

16,074

7,118

-

4,792

6,065

5,306

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment in JV Company

3,720

4,561

7,506

17,540

15,786

8,451

34,272

41,271

45,512

20,405

21,171

195

12,225

6,963

-3,331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of land use rights in JV Company

-

-

-

-

-

-

-

-

-

-

-

0

0

17,474

-8,737

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of intangible assets

0

0

0

0

0

400

5

2,350

3,650

4,664

5,720

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,768

6,002

-

5,641

4,593

2,345

2,933

3,180

1,704

1,578

3,527

1,515

2,288

10,243

8,010

6,424

9,316

12,568

5,794

15,619

9,011

11,649

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

1

191

-6

417

0

0

0

0

-

-

-

-

0

0

50

194

263

0

0

0

-

-

-

-

-

-

-

-

(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-142

98

37

-

115

35

-172

-

41

-162

122

-

-

-

-

-

-

-

-

-

-

-

-16

-

0

1

-629

(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

3

-160

122

3

-

-

-

-

-

-

-

-

Investment in a privately held company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

100

-

-

-

-

Net cash used in investing activities

-16,488

-15,369

-15,798

-22,140

-23,968

-16,834

-49,493

-57,426

-61,549

-41,143

-34,009

-15,437

-16,684

-6,470

-16,994

-7,966

-3,122

-4,803

-5,830

-8,815

-5,632

-4,431

-2,467

-2,974

-3,177

-1,614

-1,426

-3,267

-1,355

-2,410

-10,246

-8,168

-27,754

-9,357

-12,652

-5,769

-15,903

-17,128

-11,020

Cash flows from financing activities
Proceeds from investment by noncontrolling interest

-

-

-

-

-

-

-

0

42,000

0

86,994

0

0

0

33,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Withholding tax on restricted stock units

1,203

99

96

82

1,743

94

109

115

1,999

120

129

156

1,567

216

132

88

759

138

51

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options and ESPP

0

1,727

0

1,740

0

1,173

105

2,256

495

2,026

179

1,741

229

2,718

6,011

3,321

1,278

2,348

424

1,097

151

901

858

1,396

349

907

23

834

204

1,675

376

1,027

383

804

126

-

-

-

-

Payment for repurchases of common shares

0

0

0

0

0

0

1,501

3,082

5,994

6,022

0

-

-

-

-

1

1,823

5,017

35,240

1,839

3,977

0

0

-

-

-

-

-

-

-

-

0

0

0

1,574

693

0

0

0

Proceeds from borrowings

15,438

30,918

2,790

10,470

31,288

19,541

16,650

17,800

13,150

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

250

-

-

-

-

-

-

-

-

Repayments of borrowings

4,905

18,778

2,085

12,554

2,085

7,085

223

74

0

0

0

-

-

-

-

-

-

-

-

6,428

714

715

5,714

714

714

714

1,429

715

0

1,428

715

-

-

-

-

-

-

-

-

Proceeds from borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,002

-

11,683

6,170

4,400

Repayments of borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

12,380

7,974

3,680

Principal payments on finance lease

3,810

1,712

1,691

1,952

2,023

210

207

205

224

201

198

197

214

193

215

234

250

229

227

271

239

314

237

340

260

334

333

235

247

229

250

0

15

146

145

143

153

139

136

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

540

2,151

57

Payment for IPO related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

610

Net cash provided by financing activities

5,520

12,056

-1,082

-2,378

25,437

37,325

14,715

76,996

47,428

-4,317

86,846

1,388

-1,552

2,309

38,664

2,998

-1,554

-3,036

-35,094

-7,488

-5,271

-128

-5,093

-892

-625

-141

-1,739

-116

-43

13

-339

8,927

1,770

7,356

2,409

-12,596

-310

208

31

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-289

458

-805

-941

1,058

-52

-1,579

-2,515

763

1,059

182

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

3,055

6,083

-18,912

-17,194

-5,398

33,533

-18,370

6,278

-20,955

-34,797

65,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

562

-592

33

-2

11

5

-100

2

25

-51

-23

21

-17

-8

14

-5

-11

5

7

7

12

33

-6

63

-40

56

27

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-6,643

4,019

31,000

8,851

-2,935

8,990

-33,217

-6,846

-7,716

2,813

46

7,154

8,101

6,538

3,589

-11,634

12,176

-3,334

13,032

2,822

-17,916

8,860

1,692

-25,545

-2,076

-11,940

7,268

Supplemental disclosures of non-cash investing and financing information:
Property and equipment purchased but not yet paid (fiscal year 2019 amount is presented as revised, see Note 1)

-2,254

9,831

8,334

26,177

2,400

7,800

22,500

1,593

23,328

19,341

23,894

13,535

4,467

-73

5,226

385

3,681

-2,827

4,472

1,591

-1,536

79

5,594

1,755

-173

-349

2,157

-1,610

286

-819

3,963

-2,358

2,600

-2,608

10,875

-

-

-

-

Reissuance of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-16

-52

49

10

69

121

43

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Re-issuance of treasury stock

-

-

-

-

-

-

-

-

-

-

-9

-

-

-

-

-

-

-

-

-

-

-

-

0

42

37

4

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment purchased within accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-785

-3,581