Ceva inc (CEVA)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'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 loss

1,140

28

-731

1,037

459

574

1,434

4,741

10,739

17,028

19,066

16,604

15,407

13,100

10,203

10,124

7,581

6,267

2,029

-624

-2,318

-819

4,243

3,264

6,965

6,685

6,312

9,229

10,533

13,685

15,783

18,124

18,768

18,562

0

0

0

Adjustments required to reconcile net loss to net cash provided by operating activities:
Depreciation

3,211

3,104

3,275

3,163

3,041

2,915

2,481

2,281

2,147

2,014

1,848

1,711

1,544

1,399

1,272

1,154

1,101

1,058

1,008

949

845

752

703

668

678

670

633

586

550

525

516

512

510

506

0

0

0

Amortization of intangible assets

2,529

2,165

1,716

1,185

1,172

1,242

1,247

1,253

1,286

1,236

1,236

1,236

1,236

1,236

1,251

1,267

1,282

1,298

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity-based compensation

11,409

10,718

10,131

9,846

10,012

10,367

10,430

10,182

9,515

8,693

7,934

7,280

6,711

6,236

5,868

5,422

4,640

4,015

3,823

3,826

4,347

5,011

5,479

6,117

6,115

5,920

5,819

5,425

5,156

5,083

5,306

5,355

5,449

5,158

0

0

0

Realized loss, net on sale of available-for-sale marketable securities

-6

-28

-75

-104

-95

-67

0

0

42

-

-26

-33

-17

-9

-20

-48

-95

-78

-83

-56

-6

6

93

156

235

379

394

296

282

184

137

174

102

54

0

0

0

Amortization of premiums on available-for-sale marketable securities

503

554

591

639

693

773

881

990

1,111

1,179

1,214

1,194

1,119

1,064

1,027

1,042

1,080

1,111

1,097

1,068

1,103

1,121

1,198

1,364

1,422

1,504

1,492

1,309

1,235

1,267

1,436

1,732

1,966

2,068

0

0

0

Unrealized foreign exchange (gain) loss

-68

-249

-475

-239

-335

-155

-123

-7

142

42

-80

-137

-108

-75

5

29

-46

-237

-401

-800

-788

-604

-351

32

91

49

-51

-56

-26

21

87

147

96

46

0

0

0

Changes in operating assets and liabilities:
Trade receivables

5,578

2,151

2,778

4,020

-3,973

463

1,947

-1,593

346

1,446

-4,365

-386

7,063

10,966

8,103

1,375

-4,671

-4,279

853

3,976

7,974

2,381

-1,187

-4,109

-4,297

-603

3,119

4,484

1,883

1,116

1,530

1,080

4,307

-790

0

0

0

Prepaid expenses and other assets

2,646

4,170

1,498

3,319

5,355

3,855

3,721

3,991

2,359

2,478

1,791

1,088

1,898

622

1,568

827

-951

136

-579

-250

-725

-819

-646

-257

16

-146

44

511

294

-856

-2,921

-2,754

-3,350

-3,338

0

0

0

Operating lease right-of-use assets

-1,107

-1,281

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest on bank deposits

-620

161

859

695

573

557

489

705

289

-151

-197

-569

-191

195

671

962

620

318

-612

-591

-265

-351

-446

-403

-223

245

1,434

1,617

1,701

1,842

1,721

1,523

1,805

1,070

0

0

0

Deferred tax, net

-4,239

-3,594

-5,094

-2,244

-2,203

-2,187

-1,583

-1,562

-1,375

-1,375

-783

-777

-613

-613

-1,072

-1,083

-1,021

-1,213

2,384

2,239

1,876

2,531

-1,043

-900

-879

-1,191

-820

-696

-581

-656

-625

-165

-1,462

-1,443

0

0

0

Trade payables

69

53

358

-553

248

226

478

634

138

-184

-665

-800

-1,126

-190

188

110

127

-161

-299

-405

228

-655

69

-330

-470

-102

-360

182

263

594

479

225

478

7

0

0

0

Deferred revenues

1,259

85

1,188

-322

-2,162

-806

-660

-671

-1,310

-1,859

242

1,275

4,854

3,495

1,987

-690

-649

1,082

-270

1,933

1,170

950

1,694

223

317

-242

-354

-493

-119

-209

-583

-2,614

226

458

0

0

0

Accrued expenses and other payables

-106

-131

52

41

-264

-493

41

631

630

1,259

201

113

-721

-277

-51

183

412

-158

-87

142

-167

-188

126

-325

-73

-394

-138

-235

-65

282

883

788

-1,020

-589

0

0

0

Accretion of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

97

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued payroll and related benefits

-3,267

-3,056

-1,053

27

-1,031

527

-2,010

-2,205

-1,615

-1,807

1,270

713

-509

94

-1,736

-841

56

-1,679

-348

-2,560

-1,829

-800

-1,044

782

299

-568

-817

-1,004

-757

-57

0

0

0

-

-

-

-

Operating lease liability

-1,028

-1,166

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

668

1,264

450

524

93

-1,621

-1,477

-1,046

-1,057

257

-216

76

207

153

585

487

1,081

0

0

0

-

-

-

-

Increase in income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Excess tax benefit from equity-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

672

777

263

1,254

1,290

0

0

0

Accrued severance pay, net

43

9

126

128

43

215

68

112

138

-21

18

-32

36

134

188

212

187

184

168

178

187

54

2

-17

-15

6

21

50

-32

-106

-185

18

103

85

0

0

0

Acquisition of subsidiary, net of cash acquired (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Net cash provided by operating activities

11,423

9,674

8,848

6,070

11,497

8,612

10,853

17,718

19,963

24,469

30,191

26,306

20,512

14,459

13,534

15,775

20,288

19,380

10,853

10,078

3,638

9,109

17,039

13,647

17,836

13,707

8,673

10,174

13,678

18,624

21,727

23,131

22,680

27,082

0

0

0

Cash flows from investing activities:
Acquisition of business

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

3,628

3,461

3,070

2,420

3,487

3,319

3,708

4,110

3,155

4,135

3,696

3,922

3,411

2,387

3,042

2,178

2,218

2,184

1,831

1,997

1,716

1,416

826

424

673

894

1,164

1,116

893

682

516

381

407

393

0

0

0

Purchase of intangible assets

-

-

-

-

-

1,960

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in bank deposits

44,393

39,346

13,346

15,546

24,156

21,596

37,866

27,666

27,313

47,027

0

0

0

-

-

-

-

53,328

58,275

57,510

52,217

51,511

48,754

48,754

40,579

40,190

61,091

67,091

67,695

64,695

73,813

70,813

71,209

64,709

0

0

0

Proceeds from bank deposits

0

-

-

-

-

32,892

39,465

28,465

35,248

44,450

39,031

49,531

46,981

37,594

25,613

15,113

26,904

47,451

67,416

67,757

45,966

45,306

36,616

42,372

54,406

51,850

83,143

82,326

83,641

76,921

0

0

0

-

-

-

-

Investment in available-for-sale marketable securities

35,264

27,184

22,888

10,860

15,189

19,666

33,930

40,891

53,691

54,882

47,507

48,092

38,799

43,537

36,103

30,375

41,871

29,800

40,240

42,332

31,692

38,413

30,001

37,219

54,414

64,760

87,123

86,813

68,395

60,863

40,766

35,058

38,223

42,291

0

0

0

Proceeds from maturity of available-for-sale marketable securities

6,397

3,888

3,888

4,238

9,277

10,122

11,332

14,793

10,815

9,296

8,792

5,356

7,290

8,022

7,719

9,609

7,017

4,392

4,439

2,377

1,683

2,033

2,511

3,833

5,470

8,686

10,411

11,686

13,116

14,983

20,414

21,846

21,859

29,173

0

0

0

Proceeds from sale of available-for-sale marketable securities

37,870

36,589

28,112

13,797

13,551

13,354

16,109

14,667

19,860

23,512

21,707

20,401

20,277

20,754

17,083

17,898

27,338

23,713

25,682

31,176

46,144

55,566

67,414

69,174

55,897

55,514

0

0

0

-

-

-

21,423

14,813

0

0

0

Payment of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-1,258

-2,443

2,548

19,876

10,480

9,827

-10,558

-16,432

-19,086

-28,786

-34,806

-39,859

-30,138

-21,030

-14,830

-6,687

-13,952

-9,645

-2,677

-12,986

-4,289

-892

14,482

28,348

19,473

9,272

-10,346

-13,888

7,829

9,835

-2,345

402

-30,683

-39,257

0

0

0

Cash flows from financing activities:
Purchase of treasury stock

11,357

9,113

8,127

14,435

21,085

20,008

0

0

0

-

-

-

-

3,417

5,339

8,152

11,578

10,078

8,156

9,728

16,447

18,657

31,284

29,237

21,941

19,816

10,705

11,226

19,635

27,168

0

0

0

-

-

-

-

Proceeds from exercise of stock-based awards

2,690

2,437

2,437

2,350

2,350

2,249

2,838

2,808

6,186

7,487

7,515

11,964

11,066

9,615

10,329

5,571

3,473

6,713

5,979

6,054

6,211

2,974

2,471

2,487

2,568

2,479

2,474

2,186

1,627

1,615

3,767

3,489

7,911

8,660

0

0

0

Proceeds from issuance of Common Stock under employee stock purchase plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Excess tax benefit from equity-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

672

777

263

1,254

1,290

0

0

0

Net cash used in financing activities

-8,667

-6,676

-5,690

-12,085

-18,735

-17,759

-13,904

-7,626

4,727

7,487

7,515

11,964

11,066

6,198

4,990

-2,469

-8,993

-6,953

-5,765

-7,374

-13,115

-15,683

-28,813

-26,750

-19,194

-17,337

-8,269

-9,120

-17,636

-24,881

-20,344

-17,631

-960

9,950

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-64

-12

-67

-34

-155

-159

-110

-63

157

168

33

28

-134

-135

-12

-39

-21

-39

-137

-527

-442

-485

-273

109

86

53

-131

-134

-193

-110

-53

226

227

81

0

0

0

Increase (decrease) in cash and cash equivalents

1,434

543

5,639

13,827

3,087

521

-13,719

-6,403

5,761

3,338

2,933

-1,561

1,306

-508

3,682

6,580

-2,678

2,743

2,274

-10,809

-14,208

-7,951

2,435

15,354

18,201

5,695

-10,073

-12,968

3,678

3,468

-1,015

6,128

-8,736

-2,144

0

0

0

Supplemental information of cash-flow activities:
Income and withholding taxes

4,279

5,063

4,423

4,340

4,807

4,294

4,985

5,428

5,278

5,203

5,617

4,549

4,256

3,287

2,096

2,454

1,948

2,185

2,235

1,883

1,535

1,276

1,796

1,547

1,723

1,851

0

0

0

-

-

-

-

-

-

-

-

Non-cash transactions:
Cumulative effect of adoption of new accounting standard

-

-

-

-

-

8,555

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment purchases incurred but unpaid at period end

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets purchased but unpaid at period end

-

-

-

-

-

750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-