Magicjack vocaltec ltd (CALL)
CashFlow / Quarterly
Sep'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'11
Cash flows from operating activities:
Net income (loss)

3,185

4,096

1,966

-2,752

2,451

-1,494

-23,168

-1,415

3,222

2,515

734

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,308

-

-1

2,269

5,319

45,314

8,903

6,508

9,586

22,269

15,116

10,270

8,196

-4,657

-961

2,954

1,828

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

10

20

1

-8

-118

72

54

-7

58

151

1

11

-1

38

33

508

-362

184

114

5,626

-5,827

763

1,237

3,106

1,492

1,928

2,622

-

-

-

-

Provision for doubtful accounts, billing adjustments and sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,742

Share-based compensation

800

892

1,093

989

750

567

736

1,051

919

1,248

1,002

1,362

1,206

1,417

1,283

1,476

1,462

1,583

2,669

1,175

1,231

0

400

937

1,881

147

225

1,850

273

268

56

Depreciation and amortization

819

818

959

977

978

894

1,525

1,223

1,328

1,390

792

708

853

1,008

1,016

1,012

981

1,439

1,391

1,362

965

1,368

1,163

1,162

890

621

629

1,024

1,081

1,063

992

Interest expense - non-cash

-

-

-

-

-

-

-

-

-

-

-

0

0

23

34

38

34

55

65

65

65

84

93

93

94

105

119

119

118

40

0

Impairment of goodwill and intangible assets

0

0

131

-

0

0

31,527

-

498

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase of uncertain tax positions

180

-168

112

-

-20

382

1,427

-

361

37

1,150

-

-830

-294

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax provision

208

40

79

3,305

1,181

1,820

-10,911

3,792

-309

-81

1,016

6,758

3,106

2,397

602

-3,318

237

-1,988

646

-29,077

23

24

23

-11,016

25

22

24

23

24

23

23

Gains on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

195

527

-2,078

508

235

597

149

1,257

552

-1,309

Fair value loss on common equity put options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,047

-1,084

3,449

-371

1,656

620

670

334

568

Change in operating assets and liabilities
Contributed services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170

20

20

20

-

-

-

-

Other non-cash items

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

-19

-19

Accounts receivable

97

136

-390

-101

308

-513

-430

538

57

207

-920

368

296

-546

-1,015

1,269

-1,484

-364

1,300

5,063

-5,692

-218

268

2,769

14

83

3,500

3,801

4,686

2,568

3,829

Inventories

193

125

-180

-167

-599

-556

-1,134

-22

33

-808

-787

-517

-531

-85

1,221

2,290

-189

149

-1,105

-75

-1,920

1,343

-198

-1,311

-1,367

781

-1,439

612

1,930

1,831

1,295

Deferred costs/Contract costs

11

61

95

3

15

-218

-100

3

494

-62

-213

259

-328

-297

-302

402

598

-1,544

-1,353

-2,555

940

-893

104

-1,544

-1,918

555

1,423

3,517

-137

-821

-624

Prepaid Income taxes

-198

-484

-465

-

-339

-2,050

4,896

-

-325

-700

-1,212

-

119

-6,099

-5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits and other current assets

-354

-87

-34

3,958

-3,088

2,654

-239

-2,553

-244

655

-224

-3,034

529

292

88

-932

2,154

1,338

-1,627

11,396

-2,205

2,698

-454

-148

212

-1,030

581

-241

421

394

-390

Other non-current assets

-26

-11

-84

43

73

-376

54

17

-68

28

12

2

-7

15

-2

-1

-13

45

19

26

58

-167

-17

-290

112

9

-155

-16

-512

-20

-39

Accounts payable

577

869

-1,779

5

1,355

-663

-44

27

1,040

-2,122

2,577

-236

50

-1,297

-299

-413

564

-506

1,006

-185

974

-5,369

4,107

-1,559

-258

1,372

-3,710

3,052

-685

-740

2,628

Income taxes payable

0

0

0

0

0

0

38

-237

1,764

0

0

0

-314

-1,616

1,057

-1,745

-319

2,069

-5

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

161

389

-1,732

373

-4,500

1,858

265

1,203

779

669

-1,685

832

445

-1,310

-646

407

-497

528

-725

-665

-3,354

5,092

-3,568

2,105

-1,109

164

2,494

-2,354

1,137

-351

-564

Accrued bonuses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-460

Deferred revenue/Contract liabilities

-2,987

-2,141

-618

-2,003

-3,353

-3,935

-2,103

-2,427

-2,738

-3,076

-1,923

-1,658

-4,274

-4,286

1,691

-2,277

-1,066

-357

435

-8,364

-1,419

-3,697

2,769

-2,058

-8,856

-1,424

19,707

22,170

2,488

-1,356

2,324

Other non-current liabilities

-2

-13

9

1,068

10

-893

-110

39

-40

4

-74

45

2,182

-3,610

1,439

274

-782

273

509

92

12

8

-1

21

-31

-6

0

-3

-14

6

-58

Net cash (used in) provided by operating activities

-

-

-

-

-

-

-

-

-

1,415

6,934

-

5,656

6,142

7,533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

3,228

5,062

1,279

1,692

4,461

-315

-3,811

-

-

-

-

-

-

-

-

-

-

5,888

14,190

-

10,392

1,823

16,626

20,790

8,352

11,957

24,163

18,162

1,091

-123

6,200

Cash flows from investing activities:
Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51,801

34,427

18,476

24,462

-

-

-

-

Proceeds from sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,058

10,564

38,322

31,429

37,519

23,192

-

-

-

-

Purchases to cover short investment positions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Sales of short investment positions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Purchases of property and equipment

0

16

14

101

262

23

225

349

97

154

5

476

0

5

543

302

244

307

1,360

92

0

0

84

0

0

217

0

159

198

375

242

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,120

Proceeds from sale of investment in joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Acquisition of Broadsmart

-

-

-

-

-

-

-

-

0

0

40,019

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of intangible assets

16

0

0

0

1

1,041

48

321

0

0

0

0

0

0

0

-

-

-

-

0

0

3

114

17

4,504

215

1,013

30

1

1,515

2

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-234

-40,024

-

0

-5

-543

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-16

-16

-14

-91

-248

-819

-273

-

-

-

-

-

-

-

-

-

-

8,787

-1,360

-

0

2,055

10,366

-13,496

-7,502

18,611

-2,283

-1

-6,828

-847

-1,364

Cash flows from financing activities:
Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,000

0

0

5,704

14,201

6,568

40,858

4,882

8,569

3,895

8,586

7,132

Proceeds from sale of common equity put options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

463

-2,968

13,129

1,561

929

885

458

874

Purchases of common equity call options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from exercise of ordinary share options

-

-

-

-

-

-

-

2

7

0

1

2

0

0

0

0

0

11

16

0

0

0

0

20

39

512

659

54

365

634

721

Repurchase of shares to settle withholding liability

0

0

53

-

0

135

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used by) provided by financing activities

-

-

-

-

-

-

-

-

-

0

1

-

-8,414

-6,745

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

0

0

-53

-217

0

-135

0

-

-

-

-

-

-

-

-

-

-

-1,489

16

-

0

-1,500

-5,704

-13,718

-9,497

-28,717

-2,662

-16,281

-2,645

-7,494

-5,537

Net increase (decrease) in cash and cash equivalents

3,212

5,046

1,212

1,384

4,213

-1,269

-4,084

868

4,845

1,181

-33,089

-980

-2,758

-608

6,990

747

3,169

13,186

12,846

-7,020

10,392

2,378

21,288

-6,424

-8,647

1,851

19,218

1,880

-8,382

-8,464

-701

Supplemental disclosures:
Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

Income taxes paid

790

996

47

8

20

140

3,153

191

64

1,118

122

1,895

118

3,200

0

114

0

160

5

0

500

10,165

1,913

-3

6

0

2

6

0

10

1

Unrealized gains on marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,055

Property and equipment (acquired but not paid)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-92

44

10

49

0

0

0

0

-

-

-

-

-

-

-

-242

Ordinary shares issued for purchase of Broadsmart

-

-

-

-

-

-

-

0

0

0

1,676

0

0

0

0

-

-

-

-

-

-

-

-

-

-

0

400

0

0

0

0

Adjustment to redemption value of redeemable ordinary shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,373

-477

1,010

-1,173