Calamp corp. (CAMP)
CashFlow / Yearly
Feb'20Feb'19Feb'18Feb'17Feb'16Feb'15Feb'14Feb'13Feb'12Feb'11Feb'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)

-79,304

18,398

16,617

-7,904

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

16,940

16,508

11,803

44,626

5,218

-3,283

-10,851

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation

19,666

8,580

7,968

8,408

3,582

2,796

1,822

-

-

-

-

Intangible asset amortization

12,321

11,436

14,989

15,061

6,626

6,590

6,283

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

2,764

2,447

2,543

2,522

Stock-based compensation expense

12,421

11,029

9,298

7,833

5,854

4,100

2,924

2,910

2,375

2,109

1,981

Amortization of convertible debt issue costs and discount

13,764

11,492

7,472

7,027

5,201

0

0

-

-

-

-

Impairment loss

19,143

-

-

-

-

-

-

-

-

-

-

Impairment of operating lease right-of-use (ROU) assets

1,210

-

-

-

-

-

-

-

-

-

-

Noncash operating lease cost

4,894

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-2,408

-2,033

-

-

-

-

-

-

-

-

-

Revenue assigned to factors

-6,844

-

-

-

-

-

-

-

-

-

-

Tax benefits on vested and exercised equity awards

-

758

937

-

-

-

-

-

-

-

-

Amortization of debt issue costs and discount

-

-

-

-

-

-

-

-

747

536

0

Write-off of currency translation account of foreign subsidiary

-

-

-

-

-

-

-

-

-801

0

0

Loss on sale of investment

-

-

-

-

-

-

-

-

-

-

1,008

Deferred tax assets, net

18,552

-1,244

6,372

-2,735

4,122

7,927

5,935

-29,231

0

807

39

Unrealized foreign currency transaction gains (loss)

-211

-404

524

-

-

-

-

-

-

-

-

Equity in net loss of affiliate and related impairment loss

530

6,787

1,411

1,284

-

-

-

-

-

-

-

Gain on investment in LoJack common stock

-

-

-

-

1,416

0

0

-

-

-

-

Equity in net loss of affiliate

-

-

-

-

-829

0

0

-

-

-

-

Impairment of internal use software

-

-

-

1,364

-

0

-

-

-

-

-

Changes in operating assets and liabilities, excluding effects from acquisitions:
Accounts receivable

-9,602

4,855

6,447

-3,090

1,515

11,058

11,401

4,728

-2,431

294

2,780

Inventories

-1,017

-5,435

6,516

-221

-1,935

3,704

1,301

3,459

167

-718

-4,626

Prepaid expenses and other current assets

-362

10,078

4,607

178

280

2,076

594

887

-991

510

-42

Accounts payable

-16,440

1,876

5,068

-4,623

926

3,504

7,522

2,348

-4,580

-2,083

10,764

Accrued liabilities

3,975

-20,830

7,804

-5,171

5,972

1,314

-1,449

1,738

1,641

-722

-5,991

Deferred revenue

1,905

6,153

7,044

2,151

-1,310

2,497

933

105

509

1,056

1,131

Operating lease liabilities

-8,237

-

-

-

-

-

-

-

-

-

-

Other

-388

-366

-8

32

66

-247

-339

-411

-19

-20

104

NET CASH PROVIDED BY OPERATING ACTIVITIES

11,544

47,740

66,894

25,796

47,400

28,645

22,816

16,597

12,432

857

2,595

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities and sale of marketable securities

37,055

56,358

22,382

114,426

71,991

15,145

0

0

-

-

-

Purchases of marketable securities

19,543

50,364

38,077

32,430

150,532

16,304

9,018

0

0

-

-

Capital expenditures

22,192

12,007

8,339

7,962

4,317

7,437

2,133

1,852

1,076

-

-

Acquisitions, net of cash acquired

60,652

13,031

-

116,982

1,500

0

52,954

1,000

0

-

-

Acquisition of LoJack, net of cash acquired

-

-

-

-

4,050

0

0

-

-

-

-

Equity investments in and advances to affiliate

530

2,631

2,281

2,636

2,156

0

0

-

-

-

-

Navman Wireless asset purchase agreement

-

-

-

-

-

-

-

-

-

1,245

1,066

Navman Wireless asset purchase agreement

-

-

-

-

-

-

-

-

-

0

-

Collections on note receivable

-

-

-

-

-

-

-

462

566

428

325

Proceeds from sale of investment

-

-

-

-

-

-

-

-

-

-

992

Other

-164

110

136

2

110

55

71

8

0

-32

36

NET CASH USED IN INVESTING ACTIVITIES

-65,698

-21,785

-26,451

-45,586

-90,674

-8,651

-64,176

-2,398

-510

-785

215

CASH FLOWS FROM FINANCING ACTIVITIES:
Taxes paid related to net share settlement of vested equity awards

2,007

3,603

2,594

1,780

2,625

3,088

3,057

2,560

1,035

405

123

Proceeds from exercise of stock options

1,870

124

330

961

1,283

718

3,928

2,812

27

0

1

Proceeds from issuance of 2025 Convertible Notes

-

230,000

-

-

172,500

0

0

-

-

-

-

Proceeds from issuance of subordinated debt and warrants

-

-

-

-

-

-

-

-

-

-

5,000

Repayment of subordinated promissory notes

-

-

-

-

-

-

-

-

5,000

-

22,728

Repayment of notes payable

-

-

-

-

-

-

-

-

-

0

-

Payment of debt issuance costs of 2025 Convertible Notes

-

7,305

-

-

5,291

0

0

-

65

0

544

Purchase of capped call on 2025 Convertible Notes

-

21,160

-

-

-

-

-

-

-

-

-

Repurchase of 2020 Convertible Notes

94,683

53,683

-

-

-

-

-

-

-

-

-

Proceeds from unwind of note hedges and warrants on 2020 Convertible Notes

-

3,122

-

-

-

-

-

-

-

-

-

Purchase of convertible note hedges

-

-

-

-

31,343

0

0

-

-

-

-

Proceeds from issuance of warrants

-

-

-

-

15,991

0

0

-

-

-

-

Net repayments of bank term loan

-

-

-

-

-

0

-1,800

-1,200

3,000

0

0

Net proceeds from public sale of common stock

-

-

-

-

-

-

-

44,784

0

0

3,967

Repayments of bank line of credit

-

-

-

-

-

-

-

-

-7,489

1,588

7,551

Payment of acquisition-related note and contingent consideration

-

-

-

-

2,037

2,673

1,579

535

0

-

-

Repurchases of common stock

-

49,000

-

25,000

-

0

-

-

-

-

-

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-94,820

98,495

-2,264

-25,819

148,478

-5,043

-2,508

43,301

-10,562

1,183

-6,876

EFFECT OF EXCHANGE RATE CHANGES ON CASH

-122

-553

718

-73

-

0

-

-

-

-

139

Net change in cash and cash equivalents

-149,096

123,897

38,897

-45,682

105,204

14,951

-43,868

57,500

1,360

1,255

-3,927