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

-79,304

-12,214

-5,321

1,194

18,398

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

0

0

-7,899

-

1,841

7,244

10,222

16,940

17,950

18,095

17,874

16,508

13,059

13,245

12,811

11,803

41,366

41,314

42,129

44,626

13,638

11,183

8,880

5,218

0

0

0

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

19,666

16,032

13,275

10,382

8,580

8,617

8,326

7,986

7,968

8,327

8,359

8,612

8,408

7,008

5,939

4,611

3,582

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible asset amortization

12,321

12,585

12,153

11,728

11,436

12,245

13,062

13,879

14,989

15,136

15,283

15,429

15,061

12,867

10,673

8,472

6,626

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

6,736

5,519

4,294

2,764

2,543

2,322

2,284

2,447

0

0

0

Stock-based compensation expense

12,421

12,319

11,608

11,105

11,029

10,722

10,401

9,948

9,298

8,828

8,272

7,666

7,833

7,312

6,850

6,618

5,854

5,387

4,953

4,500

4,100

3,719

3,359

3,113

2,924

2,747

2,559

2,683

2,910

2,930

2,948

2,701

2,375

0

0

0

Amortization of convertible debt issue costs and discount

13,764

14,524

14,561

13,304

11,492

9,920

8,330

7,587

7,472

7,357

7,246

7,144

7,027

6,920

6,642

6,450

5,201

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue assigned to factors

-6,844

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefits on vested and exercised equity awards

-

-

-

594

758

1,200

1,221

1,000

937

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issue costs and discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Deferred tax assets, net

18,552

-6,229

-4,470

-4,174

-1,244

2,783

5,492

8,753

6,372

649

-975

-2,850

-2,735

-2,984

-1,075

447

4,122

8,752

8,649

8,439

7,927

7,236

6,523

6,612

5,935

-24,762

-26,350

-28,239

-29,231

0

0

0

-

-

-

-

Equity in net loss of affiliate and related impairment loss

530

5,903

6,348

6,878

6,787

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in net loss of affiliate

-

-

-

-

-

-

-

-

-

0

0

-1,309

-

-1,507

-1,513

-1,141

-829

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of internal use software

-

-

-

-

-

-

-

-

-

-

-

-

1,364

0

0

1,364

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-9,602

4,995

-403

-3,382

4,855

2,332

6,458

6,896

6,447

5,526

-1,792

-381

-3,090

986

1,816

-419

1,515

-417

7,525

10,273

11,058

13,592

9,843

8,420

11,401

4,561

2,470

875

4,728

5,112

5,094

3,219

-2,431

0

0

0

Inventories

-1,017

4,766

10,872

2,209

-5,435

-7,387

198

-417

6,516

7,443

3,262

5,569

-221

413

-7,884

-1,754

-1,935

-1,478

2,391

1,049

3,704

6,974

5,953

2,485

1,301

-775

1,071

-2,271

3,459

828

1,168

4,904

167

0

0

0

Prepaid expenses and other current assets

-362

6,709

5,472

7,408

10,078

5,852

6,452

6,931

4,607

6,059

6,030

-1,150

178

-1,414

-2,281

548

280

-88

819

1,285

2,076

3,205

1,632

1,249

594

595

952

906

887

142

-1,743

-1,529

-991

0

0

0

Accounts payable

-16,440

-1,950

-3,022

-17,914

1,876

-10,793

1,476

9,344

5,068

8,657

-2,217

-329

-4,623

-1,226

-6,632

-2,028

926

-4,780

4,774

5,620

3,504

12,180

8,023

3,918

7,522

3,358

5,269

-2,335

2,348

965

700

3,441

-4,580

0

0

0

Accrued liabilities

3,975

-29,351

-23,041

-22,125

-20,830

5,737

3,295

5,091

7,804

13,354

6,341

6,897

-5,171

-5,795

-2,077

-4,588

5,972

2,266

3,241

2,599

1,314

1,930

1,306

511

-1,449

-1,132

-1,731

-484

1,738

1,185

1,181

471

1,641

0

0

0

Deferred revenue

1,905

5,345

3,798

4,952

6,153

9,998

10,573

7,584

7,044

2,942

2,229

-3,365

2,151

1,902

1,099

6,542

-1,310

-54

694

1,077

2,497

843

799

884

933

905

591

190

105

282

440

670

509

0

0

0

Non-cash interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other

-388

-487

-707

-259

-366

-640

-68

-365

-8

-39

-9

351

32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY OPERATING ACTIVITIES

11,544

2,950

10,527

11,276

47,740

56,256

67,718

86,898

66,894

64,732

42,489

28,382

25,796

29,324

37,954

39,394

47,400

45,059

41,342

37,641

28,645

24,868

25,071

24,364

22,816

25,179

23,199

19,186

16,597

15,756

14,249

13,327

12,432

0

0

0

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

37,055

55,026

50,906

50,357

56,358

47,570

47,906

39,167

22,382

36,957

55,275

82,570

114,426

125,181

131,776

106,180

71,991

42,471

19,837

18,457

15,145

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Purchases of marketable securities

19,543

26,804

27,669

50,937

50,364

63,971

73,841

46,793

38,077

23,940

36,978

32,976

32,430

34,199

36,522

63,448

150,532

143,121

123,800

99,207

16,304

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Capital expenditures

22,192

20,760

16,957

14,840

12,007

11,253

10,396

8,381

8,339

8,114

8,148

8,421

7,962

6,747

5,268

4,673

4,317

5,935

6,646

7,291

7,437

5,648

4,659

3,139

2,133

0

0

0

-

-

-

-

-

-

-

-

Acquisitions, net of cash acquired

60,652

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

1,500

1,500

1,500

1,500

0

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Advances to affiliate

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of LoJack, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

121,032

121,032

121,032

4,050

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity investments in and advances to affiliate

-

-

-

-

-

-

-

-

-

-

-

-

2,636

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances to affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Navman Wireless asset purchase agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Navman Wireless asset purchase agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Wireless Matrix acquisition, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Collections on note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

462

565

551

538

566

0

0

0

Other

-

-

-

-

110

87

79

93

136

103

101

51

2

66

146

130

110

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH USED IN INVESTING ACTIVITIES

-65,698

-66,951

-69,512

-94,706

-21,785

-30,229

-39,104

-18,381

-26,451

2,253

7,499

39,223

-45,586

-38,264

-34,085

-85,996

-90,674

-110,347

-112,164

-89,596

-8,651

-27,887

-24,437

-21,449

-64,176

-48,636

-48,439

-48,344

-2,398

-2,233

-2,056

-1,757

-510

0

0

0

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

2,007

1,910

1,985

3,589

3,603

3,662

3,606

2,671

2,594

2,618

2,699

1,776

1,780

1,719

1,563

2,778

2,625

2,563

2,553

3,011

3,088

3,075

3,079

2,883

3,057

3,036

3,036

2,726

2,560

2,554

2,534

1,062

1,035

0

0

0

Proceeds from exercise of stock options

-

-

-

153

-

-

-

302

330

272

309

336

961

1,525

1,576

1,867

1,283

769

664

353

718

2,118

3,330

4,097

3,928

2,542

1,873

3,039

2,812

2,634

2,096

128

27

0

0

0

Proceeds from issuance of 2025 Convertible Notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

172,500

172,500

172,500

172,500

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of subordinated promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Payment of debt issuance costs of 2025 Convertible Notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,291

5,291

5,291

5,276

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of convertible note hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,343

31,343

31,343

31,343

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,991

15,991

15,991

15,991

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net repayments of bank term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,800

3,800

1,583

3,800

-1,200

0

0

0

-

-

-

-

Repayments of bank line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,489

0

0

0

Repayments of bank term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

0

0

Payment of acquisition-related note and contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,037

2,061

2,344

2,881

2,673

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Repurchases of common stock

-

-

-

-

49,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-94,820

-105,545

-21,403

104,248

98,495

108,621

119,107

-8,079

-2,264

-5,423

-18,939

-26,440

-25,819

-22,467

-9,213

-2,338

148,478

148,002

147,624

146,333

-5,043

-4,125

-7,016

-5,358

-2,508

41,005

44,683

46,338

43,301

-4,356

-6,214

-8,591

-10,562

0

0

0

EFFECT OF EXCHANGE RATE CHANGES ON CASH

-122

-433

100

-31

-553

-1,130

-385

381

718

1,386

882

35

-73

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-149,096

-169,979

-80,288

20,787

123,897

133,518

147,336

60,819

38,897

62,948

31,931

41,200

-45,682

-31,531

-5,393

-48,940

105,204

82,714

76,802

94,378

14,951

-7,144

-6,382

-2,443

-43,868

17,548

19,443

17,180

57,500

9,167

5,979

2,979

1,360

0

0

0