AVIAT NETWORKS, INC. AVNW Cash Flow

Aviat networks, inc. (AVNW)

CashFlow / Quarterly

Apr'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Sep'18	Jun'18	Jun'18	Mar'18	Mar'18	Dec'17	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
Operating Activities
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	54	-	-	-	-	-750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-750	-	-	-94	-	-2,390	-	5,351	-565	-1,412	-330	1,722	-601	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15,141	-7,808	-5,534	-1,154	-1,454	-13,100	-4,500	-5,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,800	-9,900	-13,600	-	-1,700	-5,300	-2,200	-1,300	-3,200	-12,800	-6,800	-19,800	-36,900	-12,500	-21,300
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Amortization of identifiable intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	100	100	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of identifiable intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	200	300	200	300	300	300	800	900	800	900	800	900
Depreciation and amortization of property, plant and equipment
-	-	1,038	-	-	-	1,288	1,288	-	-	-	1,391	-	1,308	1,282	-	1,404	1,466	1,670	-	1,668	1,672	1,704	-	1,800	1,900	1,600	1,839	1,800	2,100	1,400	1,400	1,300	1,300	1,600	1,400	1,400	1,300	800	1,800	2,600	1,500	2,700
(Provision) recovery from uncollectible receivables
72	-19	-35	-	-52	-110	-102	-102	-	-	-	34	-	7	7	-	-231	-753	110	-	921	-199	378	380	100	200	200	135	900	-300	100	200	300	900	1,100	1,000	1,000	1,400	500	-	-	-	-
Share-based compensation
507	401	407	327	458	502	436	436	-	668	-	535	-	580	574	600	565	488	458	454	460	429	493	487	700	400	600	621	600	700	1,500	1,700	1,400	1,800	1,500	1,500	1,400	1,300	1,000	1,400	1,300	1,300	800
Deferred tax assets, net
42	117	-634	-1,890	-7,039	-58	227	227	-	-332	-	-86	-	-3,311	574	-245	-16	326	10	-832	23	45	430	-4,711	100	0	-100	-	-	-	-	-	-	-	-	-	-	-	-	-	18,700	-5,800	-1,700
Deferred income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Charges for inventory and customer service inventory write-downs
237	177	337	149	248	-21	177	177	-	-12	-	171	-	52	153	111	-71	336	761	6,270	1,293	1,198	1,107	2,643	2,600	700	2,100	2,871	1,100	2,600	600	4,900	1,500	800	2,500	400	400	1,200	1,400	1,200	8,600	2,700	7,700
Gain on disposition of WiMAX business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15	0	0	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposition of property, plant and equipment, net
-4	-7	-3	16	-5	-7	-8	-8	-	-47	-	0	-	-27	-1	-37	21	-128	-9	-206	-417	0	-204	-384	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposition of the WiMAX business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	0	-2,000	-	-	-	-
Loss on sale of NetBoss assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-200	0	-500	-3,900
Changes in operating assets and liabilities:
Accounts receivable
4,377	1,216	-8,570	6,159	-3,100	-2,357	5,693	5,693	-	5,240	-	-4,578	-	-1,151	-2,339	1,042	-11,329	6,003	-13,894	-528	-10,060	-3,350	-3,085	14,216	-11,100	-1,700	7,400	-2,738	5,300	-11,400	600	6,600	-18,800	-9,400	19,700	-15,000	-6,000	-9,600	-7,800	-8,100	-3,000	27,300	12,500
Unbilled receivables
-4,146	-3,092	2,594	-	-3,859	3,658	5,875	5,875	-	-	-	4,925	-	1,189	-3,815	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,243	-113	2,532	-2,857	-5,236	-4,091	143	-3,525	-5,200	2,800	-200	-3,017	-9,000	5,900	1,000	1,500	10,700	-4,200	-4,900	-3,200	3,300	-2,400	3,400	-2,300	-3,800	3,300	-2,700
Inventories
935	2,210	2,665	-1,926	1,660	-11	-951	-951	-	339	-	-3,052	-	516	1,582	1,249	-1,030	-3,433	-3,169	628	1,227	-188	3,328	-3,737	3,900	-6,200	6,700	5,420	-2,600	5,400	-1,200	-1,500	-14,600	4,000	-1,500	7,200	7,600	-7,000	-200	-10,400	6,500	5,100	5,200
Customer service inventories
341	263	326	187	147	0	23	23	-	94	-	268	-	130	-47	-65	-117	85	7	-473	-313	-910	-723	-685	0	-700	-900	-1,309	300	100	-600	200	-500	-600	0	-500	100	-400	100	8,500	200	1,400	800
Accounts payable
786	6,163	-3,779	1,120	-674	1,606	3,022	3,022	-	-826	-	-1,018	-	-810	429	2,735	-2,007	3,832	-3,952	-1,975	-5,991	-8,893	2,883	8,162	-7,200	-1,300	1,900	6,761	-4,900	-3,900	-700	9,400	-3,500	-17,200	4,200	-2,800	12,500	-19,400	-8,600	10,800	-21,500	29,100	-5,400
Accrued expenses
437	-837	540	500	-350	-2,288	-447	-447	-	3,341	-	1,103	-	-1,359	-313	281	-501	-219	-871	97	-218	-1,220	742	-4,040	-4,700	3,600	1,000	-852	-6,800	2,500	-1,300	3,300	200	600	-5,600	-3,500	-4,500	2,500	-700	-10,700	14,400	-1,600	200
Advance payments and unearned revenue
2,036	969	3,152	-	2,992	2,477	1,728	1,728	-	-	-	-4,607	-	3,718	83	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advance payments and unearned income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,981	354	-6,748	-2,426	-4,804	6,518	-3,713	1,066	5,300	-9,900	8,200	4,202	1,100	6,900	2,400	-7,400	-18,100	12,200	-800	-1,200	5,300	-3,200	-5,500	-3,700	8,500	9,400	-5,700
Income taxes payable or receivable
-428	-3	1,803	-28	227	-205	344	344	-	1,325	-	160	-	-34	-198	201	246	114	854	669	61	569	-1,297	-	-	-400	-100	-14,140	-300	1,300	1,200	13,300	-2,000	-2,000	800	-1,100	100	600	500	-3,400	-5,500	8,400	-1,400
Reserve for uncertain tax positions and deferred taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-500	-11,600	200	-	-	-	-	-	-	-	-
Other assets and liabilities
208	628	222	613	424	-2,218	2,101	2,101	-	-1,290	-	-378	-	578	1,742	-358	844	213	2,941	-695	-289	-1,478	336	233	-1,000	1,000	1,600	1,921	-600	200	-3,500	-2,600	1,200	2,000	-500	-3,500	2,900	0	-3,800	-3,800	-1,800	600	2,400
Net cash provided by operating activities
3,820	5,156	5,649	-2,396	5,906	6,244	-6,810	-6,810	-	930	-	-1,892	-	4,267	4,904	-4,014	5,097	5,039	3,283	-6,717	693	4,602	1,778	-98	-400	-4,400	-4,700	2,848	-14,500	-13,000	-4,600	2,900	2,000	12,700	-9,200	9,200	6,700	-1,300	-6,200	3,900	-4,900	-3,000	-37,500
Investing Activities
Cash received from sale of NetBoss assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,800
Payments related to disposition of WiMAX business, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	100	400	-100	600	600	-	-	-	-
Payments for acquisition of property, plant and equipment
1,528	1,115	1,302	1,163	847	1,434	1,802	1,802	-	1,515	-	1,706	-	1,964	1,378	826	342	1,530	1,323	277	538	363	396	693	600	1,200	1,200	1,614	2,400	1,600	3,800	4,500	2,300	2,300	1,300	1,500	1,000	600	2,800	2,000	1,800	2,100	1,300
Additions of capitalized software related to NetBoss assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	400	300
Net cash used in investing activities
-1,528	-1,115	-1,302	-1,163	-847	-1,434	-1,802	-1,802	-	-1,251	-	-1,706	-	-1,964	-1,378	-843	-342	-1,530	-1,323	-499	-538	-363	-396	-693	-600	-1,200	-1,200	-1,614	-2,400	-1,600	-3,800	-4,500	-2,400	-2,200	-1,400	-1,900	-900	-1,200	-3,400	-2,000	-1,900	-2,500	2,200
Financing Activities
Proceeds from borrowings
9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	-	9,000	-	9,000	-	9,000	9,000	9,000	8,000	8,000	8,000	9,000	9,000	9,000	9,000	12,000	24,000	13,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of borrowings
9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	-	9,000	-	9,000	-	9,000	9,000	8,000	8,000	8,000	9,000	9,000	9,000	9,000	9,000	12,000	24,000	10,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	6,000
Repayments of short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,000
Repayments of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	-	1,000	1,100	1,000	1,000	400	0	0	-	-	-	-
Payments for repurchase of common stock
371	653	748	-	434	1,047	389	389	8	-	-	0	-	0	0	-	-	-	-	-	-	-	-	40	0	0	100	44	0	0	100	0	100	0	0	-	-	-	-	-	-	-	-
Payments for taxes related to net settlement of equity awards
18	0	746	110	25	536	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock under employee stock plans
1	6	4	5	30	-10	10	10	-	5	-	4	-	4	7	12	4	3	2	2	2	3	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-388	-647	-1,490	-551	-429	-1,593	-379	-379	-	-3	-	4	-	4	7	1,012	4	3	-998	2	2	3	6	-27	0	3,000	-100	2	0	100	-2,900	-900	-1,000	-1,000	-1,000	-900	-400	0	0	0	200	0	1,000
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
-766	189	-318	-4	-141	-97	-67	-67	-	-787	-	-12	-	169	-97	89	160	-248	-245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash, cash equivalents, and restricted cash
1,138	3,583	2,539	-4,114	4,489	3,120	-9,058	-9,058	-	-1,111	-	-3,606	-	2,476	3,436	-3,756	4,919	3,264	717	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	-512	-331	-	-2,700	-1,100	-400	54	-300	-100	600	-400	-500	200	700	-900	800	-800	-1,000	600	-100	100	400
Net Increase in Cash and Cash Equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	3,730	1,057	-	-3,700	-3,700	-6,400	1,290	-17,200	-14,600	-10,700	-2,900	-1,900	9,700	-10,900	5,500	6,200	-3,300	-10,600	2,500	-6,700	-5,400	-33,900