Magicjack vocaltec ltd (CALL)
CashFlow / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Cash flows from operating activities:
Net income (loss)

-24,963

5,056

13,510

3,785

-

-

-

-

Net income

-

-

-

-

70,311

55,851

-836

-1,555

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Provision for doubtful accounts and billing adjustments

0

203

81

444

1,799

9,148

16,434

6,701

Share-based compensation

3,042

4,220

5,268

7,190

2,806

3,190

2,447

5,075

Depreciation and amortization

4,374

4,733

3,585

4,823

4,858

3,302

4,160

2,946

Gain on mark-to-market

894

1,700

0

0

-

-

-

-

Interest expense - non-cash

0

0

57

192

307

411

277

85

Loss on sale of assets

243

0

0

-

-

-

-

-

Impairment of intangible assets and goodwill

31,527

998

0

2,464

0

-

-

-

(Decrease) increase of uncertain tax positions

-2,628

315

1,789

-14,166

-

-

-

-

Impairment of intangible assets

-

-

-

-

-

0

-

-

Increase of uncertain tax positions

-

-

-

-

3,893

11

-75

-

Deferred income tax provision

-4,605

4,418

12,863

-4,423

-29,007

-10,945

93

187

Gains on investments

-

-

-

37

722

-738

649

-694

Fair value loss on common equity put options

-

-

-

-

-1,047

3,650

2,192

0

Change in operating assets and liabilities
Contributed services

-

-

-

-

-

230

75

75

Other non-cash items

-

-

-

-

-

-

-

234

Accounts receivable

-736

-118

-897

721

-579

6,366

14,884

7,319

Inventories

-2,456

-1,584

88

1,145

-850

-3,336

5,668

-702

Deferred costs/Contract costs

-300

222

-668

-1,897

-2,404

-1,484

1,935

-3,220

Deposits and other current assets

3,285

-2,366

-2,125

933

11,435

-385

184

-1,695

Other non-current assets

-206

-11

8

50

-100

-324

-587

319

Receivable from earnout escrow

2,000

0

0

-

-

-

-

-

Accounts payable

653

1,522

-1,782

651

-473

-4,155

4,255

-3,722

Income taxes payable

38

1,527

-873

0

1,059

961

-

-

Accrued expenses and other current liabilities

-2,004

966

-679

-287

-2,495

3,654

-2,132

2,148

Deferred revenue/Contract liabilities

-11,394

-10,164

-8,527

-3,265

-10,711

7,369

25,626

13,392

Other non-current liabilities

75

-71

56

274

111

-16

-69

-409

Net cash (used in) provided by operating activities

-

-

-

25,025

35,281

-

-

-

Net cash provided by (used in) operating activities

2,027

15,250

25,364

-

-

65,262

25,330

23,362

Cash flows from investing activities:
Purchases of marketable securities

0

80

0

0

368

129,166

34,710

43,860

Proceeds from sales of investments

-

-

-

-

-

130,462

28,192

39,860

Purchases of property and equipment

611

605

1,024

2,213

176

217

974

2,647

Proceeds from sale of investment in joint venture

245

0

0

9,094

12,622

-

-

-

Proceeds from sale of property and equipment

25

0

0

-

-

-

-

-

Acquisition of Broadsmart

-

-

-

-

-

-

-

-7,777

Acquisition of intangible assets

1,090

321

0

485

117

5,749

1,548

61

Acquisition of Broadsmart, net of cash acquired

0

40,019

0

0

-

-

-

924

Net cash used in investing activities

-

-

-

6,396

11,961

-

-

-

Net cash used in investing activities

-1,431

-41,025

-1,024

-

-

-4,670

-9,040

145

Cash flows from financing activities:
Purchase of treasury stock

0

0

20,000

0

18,704

66,509

28,182

81

Proceeds from sale of ordinary shares, net of issuance costs

-

-

-

-

-

-

-

565

Repayment of debt

-

-

-

-

-

-

-

-4,766

Repurchase of ordinary shares to settle withholding liability

455

430

198

0

0

-

-

3,960

Proceeds from sale of common equity put options

-

-

-

-

-

12,185

3,146

0

Proceeds from exercise of ordinary share options

103

10

2

27

0

1,230

1,774

28

Payment of other current liabilities

0

0

1,500

1,500

1,500

-

-

-

Net cash (used by) provided by financing activities

-

-

-

-1,473

-20,204

-

-

-

Payment of other non-current liabilities

-

-

-

-

-

1,500

0

0

Payment of other non-current liabilities

-

-

-

-

-

-

-8,695

0

Net cash used in financing activities

-352

-420

-21,696

-

-

-54,594

-31,957

-8,214

Net increase (decrease) in cash and cash equivalents

244

-26,195

2,644

29,948

27,038

5,998

-15,667

15,293

Supplemental disclosures:
Interest paid

-

-

-

-

-

0

0

516

Income taxes paid

3,321

1,495

5,213

279

12,578

5

17

29

Property and equipment (acquired but not paid)

0

182

0

11

0

0

-

184

Ordinary shares issued for acquisition of Dialmaxx

-

-

-

-

-

-

-

1,621

Warrants and vested options assumed, and ordinary shares issued for 2010 business combination

-

-

-

-

-

-

-

23,276

Reclassification of redeemable ordinary shares to ordinary shares

-

-

-

-

-

-

1,366

0

Ordinary shares issued for purchase of Broadsmart

0

1,676

0

0

3,696

1,657

0

-

Intangible assets (acquired through financing)

-

-

-

-

-

-

4,795

0

Adjustment to redemption value of redeemable ordinary shares

-

-

-

-

-

-

733

2,609