Alpha and omega semiconductor limited (AOSL)
CashFlow / TTM
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

-18,552

-14,621

-15,583

-14,638

-15,428

-9,961

696

4,948

10,760

13,634

10,169

9,260

8,290

4,641

1,373

-3,032

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-6,889

-16,768

-13,210

-5,575

5,187

20,964

18,720

12,917

15,899

23,949

31,166

37,827

0

0

0

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

41,417

37,643

35,072

32,038

31,760

31,182

30,311

29,419

28,858

28,311

27,663

27,188

26,746

26,788

26,911

27,303

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-363

0

0

0

-

-

-

-

559

0

0

0

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

27,533

28,078

28,575

28,828

28,667

27,686

26,165

24,692

23,090

21,465

19,147

16,261

0

0

0

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

386

446

492

532

571

571

571

571

572

572

510

417

0

0

0

Share-based compensation expense

10,250

10,486

12,417

13,177

13,594

12,942

12,533

11,412

10,526

9,781

7,326

6,634

5,851

5,309

4,840

4,313

4,218

3,985

4,177

4,490

4,519

4,440

3,268

3,375

3,418

3,779

4,587

4,819

5,027

5,101

5,641

5,422

5,929

6,077

5,848

6,174

0

0

0

Income on equity investment in APM

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,768

0

0

0

Deferred income taxes, net

619

694

533

452

1,354

-74

2,298

2,244

-28

1,581

-682

-7,224

-6,638

-6,946

-6,945

-871

-1,432

-1,465

-1,302

-785

234

97

-250

-574

-1,465

-896

-1,083

-1,023

1,312

973

1,178

1,468

-921

-363

143

246

0

0

0

Gain on disposal of property and equipment

177

-116

-57

-21

-11

16

-34

-45

-45

0

37

425

349

275

282

-95

11

139

125

103

132

4

64

160

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Government grant via forgiven loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-250

-250

-250

-250

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

41

41

2

-3

0

0

0

Changes in assets and liabilities:
Accounts receivable, net

-10,941

13

2,221

-9,237

-294

9,798

11,924

5,345

6,475

-199

-1,653

1,816

-9,584

-1,572

-10,139

-12,187

1,107

-650

2,133

2,247

-6,222

-12,297

-5,883

-2,126

6,977

-4,328

11,208

-552

-9,279

8,536

4,444

-3,094

-273

-7,577

-13,473

5,195

0

0

0

Inventories

18,373

13,537

19,417

21,461

17,458

17,290

18,863

13,928

17,123

15,433

9,168

7,406

5,439

9,138

8,061

4,674

1,599

-8,881

-6,452

-2,386

6,510

7,215

-13

-1,779

-7,292

-8,721

-2,634

2,561

13,904

23,194

15,588

-1,632

-1,558

3,267

13,133

26,941

0

0

0

Other current and long-term assets

-3,227

251

-1,525

1,887

20,769

26,240

31,079

34,625

14,705

6,633

2,096

4,584

3,991

8,173

6,595

310

2,031

-7

-461

517

1,360

830

1,271

1,429

-482

50

1,233

-2,092

1,784

-1,150

-3,536

-1,327

-2,392

616

314

973

0

0

0

Accounts payable

-2,995

-9,193

-2,490

6,410

4,419

12,922

14,595

4,872

12,718

10,997

7,249

4,515

-5,158

687

1,227

-1,162

10,666

3,821

-1,343

3,335

4,154

4,538

4,290

5,517

-7,360

-6,692

1,008

1,765

5,003

3,523

2,867

-20,768

-27,588

-21,289

-33,472

-1,262

0

0

0

Account payable to APM

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,277

0

0

0

Income taxes payable

-1,612

267

-574

-601

1,952

499

-169

466

-2,927

-1,969

-936

-1,264

565

853

898

960

-144

-410

-1,359

-1,276

-596

-1,131

7

-916

-2,452

-1,199

-1,600

-694

2,520

1,379

1,955

399

-2,941

-1,771

-1,560

196

0

0

0

Accrued and other liabilities

6,181

-2,152

3,954

9,577

15,358

18,393

15,381

8,460

6,100

9,127

3,096

3,322

184

4,410

3,845

3,199

4,288

1,897

3,321

1,282

693

2,549

1,678

2,685

2,393

-3,227

-2,105

-5,376

-3,562

4,678

5,747

4,496

2,876

-3,583

1,624

5,155

0

0

0

Net cash provided by operating activities

30,288

8,051

12,207

31,421

12,379

12,707

9,217

3,480

27,805

46,433

45,601

42,648

42,921

33,620

41,672

40,182

35,816

37,248

27,847

27,669

29,213

37,971

38,849

37,960

18,715

20,380

11,137

28,007

38,309

32,780

44,550

32,881

23,582

29,620

23,772

30,088

0

0

0

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

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment in JV Company

33,327

45,393

49,283

76,049

99,780

129,506

141,460

128,359

87,283

53,996

40,554

16,052

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of land use rights in JV Company

-

-

-

-

-

-

-

-

-

-

-

8,737

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of intangible assets

0

0

400

405

2,755

6,405

10,669

16,384

14,034

10,384

5,720

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

25,149

-

15,512

13,051

10,162

9,395

9,989

8,324

8,908

17,573

22,056

26,965

33,993

36,318

34,102

43,297

42,992

42,073

0

0

0

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

603

602

411

417

0

0

0

0

-

-

-

-

244

507

507

457

263

0

0

0

-

-

-

-

-

-

-

-

(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-32

0

0

0

-

-

-

-

-

-

-

-

Investment in a privately held company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

0

0

0

-

-

-

-

Net cash used in investing activities

-69,795

-77,275

-78,740

-112,435

-147,721

-185,302

-209,611

-194,127

-152,138

-107,273

-72,600

-55,585

-48,114

-34,552

-32,885

-21,721

-22,570

-25,080

-24,708

-21,345

-15,504

-13,049

-10,232

-9,191

-9,484

-7,662

-8,458

-17,278

-22,179

-48,578

-55,525

-57,931

-55,532

-43,681

-51,452

-49,820

0

0

0

Cash flows from financing activities
Proceeds from investment by noncontrolling interest

-

-

-

-

-

-

-

128,994

128,994

86,994

86,994

33,000

33,000

33,000

33,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Withholding tax on restricted stock units

1,480

2,020

2,015

2,028

2,061

2,317

2,343

2,363

2,404

1,972

2,068

2,071

2,003

1,195

1,117

1,036

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options and ESPP

3,467

3,467

2,913

3,018

3,534

4,029

4,882

4,956

4,441

4,175

4,867

10,699

12,279

13,328

12,958

7,371

5,147

4,020

2,573

3,007

3,306

3,504

3,510

2,675

2,113

1,968

2,736

3,089

3,282

3,461

2,590

2,340

0

0

0

-

-

-

-

Payment for repurchases of common shares

0

0

0

1,501

4,583

10,577

16,599

15,098

0

0

0

-

-

-

-

42,081

43,919

46,073

41,056

5,816

0

0

0

-

-

-

-

-

-

-

-

1,574

2,267

2,267

2,267

693

0

0

0

Proceeds from borrowings

59,616

75,466

64,089

77,949

85,279

67,141

47,600

30,950

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

0

0

0

-

-

-

-

-

-

-

-

Repayments of borrowings

38,322

35,502

23,809

21,947

9,467

7,382

297

74

0

0

0

-

-

-

-

-

-

-

-

13,571

7,857

7,857

7,856

3,571

3,572

2,858

3,572

2,858

0

0

0

-

-

-

-

-

-

-

-

Proceeds from borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Repayments of borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Principal payments on finance lease

9,165

7,378

5,876

4,392

2,645

846

837

828

820

810

802

819

856

892

928

940

977

966

1,051

1,061

1,130

1,151

1,171

1,267

1,162

1,149

1,044

961

726

494

411

306

449

587

580

571

0

0

0

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Payment for IPO related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

610

0

0

0

Net cash provided by financing activities

14,116

34,033

59,302

75,099

154,473

176,464

134,822

206,953

131,345

82,365

88,991

40,809

42,419

42,417

37,072

-36,686

-47,172

-50,889

-47,981

-17,980

-11,384

-6,738

-6,751

-3,397

-2,621

-2,039

-1,885

-485

8,558

10,371

17,714

20,462

-1,061

-3,141

-10,289

-12,667

0

0

0

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

-1,577

-230

-740

-1,514

-3,088

-3,383

-2,272

-511

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-26,968

-35,421

-7,971

-7,429

16,043

486

-67,844

15,795

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

1

-550

47

-86

-82

-68

-124

-47

-28

-70

-27

10

-16

-10

3

-4

8

31

59

46

102

50

73

106

0

0

0

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

37,227

40,935

45,906

-18,311

-34,008

-38,789

-44,966

-11,703

2,297

18,114

21,839

25,382

6,594

10,669

797

10,240

24,696

-5,396

6,798

-4,542

-32,909

-17,069

-37,869

-32,293

0

0

0

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)

42,088

46,742

44,711

58,877

34,293

55,221

66,762

68,156

80,098

61,237

41,823

23,155

10,005

9,219

6,465

5,711

6,917

1,700

4,606

5,728

5,892

7,255

6,827

3,390

25

484

14

1,820

1,072

3,386

1,597

8,509

0

0

0

-

-

-

-

Reissuance of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-9

76

249

243

233

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Re-issuance of treasury stock

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

83

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment purchased within accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0