Magicjack vocaltec ltd (CALL)
CashFlow / TTM
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)

6,495

5,761

171

-24,963

-23,626

-22,855

-18,846

5,056

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

52,901

61,805

66,044

70,311

47,266

53,479

57,241

55,851

28,925

12,848

5,532

-836

0

0

0

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

23

-105

-53

0

1

177

256

203

221

162

49

81

578

217

363

444

5,562

97

676

1,799

-721

6,598

7,763

9,148

0

0

0

-

-

-

-

Provision for doubtful accounts, billing adjustments and sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Share-based compensation

3,774

3,724

3,399

3,042

3,104

3,273

3,954

4,220

4,531

4,818

4,987

5,268

5,382

5,638

5,804

7,190

6,889

6,658

5,075

2,806

2,568

3,218

3,365

3,190

4,103

2,495

2,616

2,447

0

0

0

Depreciation and amortization

3,573

3,732

3,808

4,374

4,620

4,970

5,466

4,733

4,218

3,743

3,361

3,585

3,889

4,017

4,448

4,823

5,173

5,157

5,086

4,858

4,658

4,583

3,836

3,302

3,164

3,355

3,797

4,160

0

0

0

Interest expense - non-cash

-

-

-

-

-

-

-

-

-

-

-

57

95

129

161

192

219

250

279

307

335

364

385

411

437

461

396

277

0

0

0

Impairment of goodwill and intangible assets

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase of uncertain tax positions

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax provision

3,632

4,605

6,385

-4,605

-4,118

-5,608

-7,509

4,418

7,384

10,799

13,277

12,863

2,787

-82

-4,467

-4,423

-30,182

-30,396

-28,384

-29,007

-10,946

-10,944

-10,946

-10,945

94

93

94

93

0

0

0

Gains on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

722

-1,356

-848

-808

-738

1,489

2,238

2,555

649

0

0

0

Fair value loss on common equity put options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,047

-2,131

1,318

947

3,650

5,354

2,575

3,280

2,192

0

0

0

Change in operating assets and liabilities
Contributed services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

230

0

0

0

-

-

-

-

Other non-cash items

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accounts receivable

-258

-47

-696

-736

-97

-348

372

-118

-288

-49

-802

-897

4

-1,776

-1,594

721

4,515

307

453

-579

-2,873

2,833

3,134

6,366

7,398

12,070

14,555

14,884

0

0

0

Inventories

-29

-821

-1,502

-2,456

-2,311

-1,679

-1,931

-1,584

-2,079

-2,643

-1,920

88

2,895

3,237

3,471

1,145

-1,220

-2,951

-1,757

-850

-2,086

-1,533

-2,095

-3,336

-1,413

1,884

2,934

5,668

0

0

0

Deferred costs/Contract costs

170

174

-105

-300

-300

179

335

222

478

-344

-579

-668

-525

401

-846

-1,897

-4,854

-4,512

-3,861

-2,404

-1,393

-4,251

-2,803

-1,484

3,577

5,358

3,982

1,935

0

0

0

Prepaid Income taxes

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits and other current assets

3,483

749

3,490

3,285

-3,226

-382

-2,381

-2,366

-2,847

-2,074

-2,437

-2,125

-23

1,602

2,648

933

13,261

8,902

10,262

11,435

-109

2,308

-1,420

-385

-478

-269

1,155

184

0

0

0

Other non-current assets

-78

21

-344

-206

-232

-373

31

-11

-26

35

22

8

5

-1

29

50

77

148

-64

-100

-416

-362

-186

-324

-50

-674

-703

-587

0

0

0

Accounts payable

-328

450

-1,082

653

675

360

-1,099

1,522

1,259

269

1,094

-1,782

-1,959

-1,445

-654

651

879

1,289

-3,574

-473

-1,847

-3,079

3,662

-4,155

456

29

-2,083

4,255

0

0

0

Income taxes payable

0

0

0

38

-199

1,565

1,565

1,527

1,764

-314

-1,930

-873

-2,618

-2,623

1,062

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

-809

-5,470

-4,001

-2,004

-1,174

4,105

2,916

966

595

261

-1,718

-679

-1,104

-2,046

-208

-287

-1,359

-4,216

348

-2,495

275

2,520

-2,408

3,654

-805

1,441

926

-2,132

0

0

0

Accrued bonuses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred revenue/Contract liabilities

-7,749

-8,115

-9,909

-11,394

-11,818

-11,203

-10,344

-10,164

-9,395

-10,931

-12,141

-8,527

-9,146

-5,938

-2,009

-3,265

-9,352

-9,705

-13,045

-10,711

-4,405

-11,842

-9,569

7,369

31,597

42,941

43,009

25,626

0

0

0

Other non-current liabilities

1,062

1,074

194

75

-954

-1,004

-107

-71

-65

2,157

-1,457

56

285

-2,679

1,204

274

92

886

621

111

40

-3

-17

-16

-40

-23

-11

-69

0

0

0

Net cash (used in) provided by operating activities

-

-

-

-

-

-

-

-

-

0

24,765

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

11,261

12,494

7,117

2,027

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

49,631

47,591

57,725

65,262

62,634

55,373

43,293

25,330

0

0

0

Cash flows from investing activities:
Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129,166

0

0

0

-

-

-

-

Proceeds from sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,944

82,373

117,834

130,462

0

0

0

-

-

-

-

Purchases to cover short investment positions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Sales of short investment positions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Purchases of property and equipment

131

393

400

611

859

694

825

605

732

635

486

1,024

850

1,094

1,396

2,213

2,003

1,759

1,452

176

84

84

301

217

376

574

732

974

0

0

0

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale of investment in joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Acquisition of Broadsmart

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of intangible assets

16

1

1,042

1,090

1,411

1,410

369

321

0

0

0

0

0

0

0

-

-

-

-

117

134

4,638

4,850

5,749

5,762

1,259

2,559

1,548

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

0

-40,505

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-137

-369

-1,172

-1,431

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-1,075

-8,577

7,979

-4,670

8,825

9,499

-9,959

-9,040

0

0

0

Cash flows from financing activities:
Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,704

19,905

26,473

67,331

66,509

60,877

58,204

25,932

28,182

0

0

0

Proceeds from sale of common equity put options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,185

12,651

16,504

3,833

3,146

0

0

0

Purchases of common equity call options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from exercise of ordinary share options

-

-

-

-

-

-

-

10

10

3

3

2

0

0

11

27

27

27

16

0

20

59

571

1,230

1,264

1,590

1,712

1,774

0

0

0

Repurchase of shares to settle withholding liability

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used by) provided by financing activities

-

-

-

-

-

-

-

-

-

0

-21,695

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-270

-270

-405

-352

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-20,922

-30,419

-57,636

-54,594

-57,157

-50,305

-29,082

-31,957

0

0

0

Net increase (decrease) in cash and cash equivalents

10,854

11,855

5,540

244

-272

360

2,810

-26,195

-28,043

-35,646

-37,435

2,644

4,371

10,298

24,092

29,948

22,181

29,404

18,596

27,038

27,634

8,595

8,068

5,998

14,302

14,567

4,252

-15,667

0

0

0

Supplemental disclosures:
Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

Income taxes paid

1,841

1,071

215

3,321

3,504

3,548

4,526

1,495

3,199

3,253

5,335

5,213

3,432

3,314

274

279

165

665

10,670

12,578

12,575

12,081

1,916

5

14

8

18

17

0

0

0

Unrealized gains on marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Property and equipment (acquired but not paid)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

103

59

49

0

0

0

0

-

-

-

-

-

-

-

0

Ordinary shares issued for purchase of Broadsmart

-

-

-

-

-

-

-

1,676

1,676

1,676

1,676

0

0

0

0

-

-

-

-

-

-

-

-

-

-

400

400

0

0

0

0

Adjustment to redemption value of redeemable ordinary shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

733

0

0

0