Computer programs and systems, inc (CPSI)
CashFlow / Quarterly
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
Operating Activities:
Net income

4,090

11,227

4,134

1,663

3,444

7,588

5,748

329

3,967

-21,537

2,288

1,587

246

2,001

1,599

1,996

-1,663

3,392

3,540

5,903

5,508

6,743

9,354

9,106

7,715

10,044

7,269

8,485

6,943

9,138

6,924

8,261

5,649

6,554

5,989

7,916

5,373

Adjustments to net income:
Provision for bad debt

999

373

-15

783

1,207

810

671

1,049

646

2,668

280

299

174

1,537

271

318

133

169

1,080

-575

236

-343

199

294

431

-201

465

1,361

286

-169

450

173

60

-232

21

1,860

-212

Deferred taxes

1,065

635

-801

323

854

-133

-1,635

627

777

-1,805

1,306

796

1,124

-63

1,987

791

957

-1,448

-756

179

-673

-240

-329

80

-1,062

63

327

123

-582

670

79

123

-219

543

-363

-905

272

Stock-based compensation

2,358

2,525

2,170

2,691

2,436

2,412

2,611

2,753

1,939

2,145

2,054

1,686

1,281

1,343

1,146

1,494

1,383

1,382

1,383

1,178

1,437

1,077

1,337

1,050

706

639

355

355

348

335

315

309

305

305

305

247

70

Excess tax benefit from shared-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

160

-194

135

109

35

-219

9

-1

153

3

9

0

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit from restricted stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65

-

37

37

32

28

14

14

17

51

14

14

18

-

-

-

-

Depreciation

420

323

354

369

361

379

349

538

529

528

526

701

718

640

682

888

852

675

672

916

911

939

861

934

929

867

844

867

850

821

675

847

819

732

535

623

608

Amortization of acquisition-related intangibles

2,866

2,867

3,100

2,516

2,523

2,592

2,692

2,601

2,602

2,602

2,601

2,602

2,601

2,602

2,601

2,624

2,355

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of software development costs

38

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred finance costs

86

86

86

87

86

86

86

87

86

98

182

183

182

172

171

172

158

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

88

-798

1,422

-1,421

156

-276

-279

1,449

3,004

3,489

1,345

2,212

801

2,438

-1,075

1,579

985

531

963

94

-1,422

-1,445

-199

727

4,873

-1,636

3,270

-513

-147

-4,417

3,856

-1,911

956

62

-5,466

5,071

-2,681

Financing receivables

4

430

-765

-2,535

-183

3,498

4,306

-763

2,432

8,880

4,187

4,094

147

-213

-1,875

-321

895

-2,500

152

-1,977

-2,175

-5,607

-170

-218

-1,410

-3,860

694

10,169

7,763

-80

-81

4,145

874

-840

1,208

331

91

Inventories

-62

-46

-397

120

251

300

-281

121

-59

288

54

-142

-480

17

-41

567

-557

12

169

-222

143

-446

467

-66

-112

354

-560

-424

537

-566

494

18

307

-43

241

-444

692

Prepaid expenses and other

1,079

49

809

-155

772

-596

-547

67

527

-331

-653

860

154

-979

-566

-170

-72

-269

-391

661

418

-339

-535

876

33

-102

90

-378

210

-215

46

317

434

7

71

174

-318

Accounts payable

206

1,224

2,158

-2,079

1,239

-311

165

-1,924

118

-2,991

-818

3,661

927

-493

-835

-7,138

2,878

-224

-53

1,035

-158

73

906

140

-342

281

87

-284

148

-195

389

36

280

-178

-684

-327

1,042

Deferred revenue

-821

-28

-1,461

-1,212

698

-914

-1,185

-337

2,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-1,179

3,903

-

-2,792

-4,250

-4,323

-58

-809

-305

-898

-1,181

-1,861

-1,633

986

-1,113

1,044

1,900

296

333

683

286

559

629

-624

-112

1,228

Other liabilities

-2,732

2,698

-1,588

1,280

-3,808

485

1,209

902

-3,932

4,998

-1,165

2,716

-480

-409

-1,016

-4,871

-954

-2,324

3,404

-1,547

1,197

-1,875

2,075

-1,696

1,917

-1,361

437

-338

1,838

-1,856

1,822

-538

-24

-281

-680

1,378

762

Prepaid income taxes/income taxes payable

128

793

984

-839

-156

-991

-478

-1,058

-403

1,487

81

176

-367

1,068

-1,656

450

418

796

1,123

-4,506

3,105

-103

-1,344

-5,595

5,293

365

222

-2,405

3,775

-54

-596

-4,021

3,712

468

-1,369

-2,621

2,928

Net cash provided by operating activities

7,594

18,088

8,052

9,573

7,888

9,077

7,034

4,693

3,125

5,326

2,426

6,204

9,687

4,678

5,909

-9,316

834

4,551

8,910

3,778

13,637

12,881

11,595

1,315

13,157

14,724

7,546

1,253

5,522

14,251

6,413

2,991

8,550

9,340

7,059

2,849

14,289

Investing Activities:
Investment in software development

921

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

2,120

90

648

549

473

160

401

357

60

262

-1

465

0

0

0

7

32

1

0

124

323

721

494

177

79

314

568

758

1,988

2,038

652

1,122

549

9,839

336

372

298

Purchase of business, net of cash received

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

413

162,198

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

2,690

24

9

9

73

35

1,037

27

67

42

3,041

Sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,132

9,729

-

0

-39

39

-

-

-51

72

-

2,678

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-3,041

-90

-541

-11,389

-473

-160

-401

-357

-60

-262

1

-465

0

0

0

712

-152,501

-34

-74

-206

-284

-753

-534

-228

-6

-324

-579

-782

-1,998

4,951

-725

-1,157

-1,586

-9,867

-403

-414

-3,339

Financing Activities:
Dividends paid

1,435

1,436

1,435

1,436

1,422

1,409

1,408

1,409

1,394

1,375

4,126

2,751

3,384

3,247

4,601

8,657

8,587

7,234

7,233

7,234

7,242

6,389

6,389

6,389

6,363

5,691

5,650

5,650

5,649

16,173

5,090

5,089

5,089

3,982

3,982

3,982

3,946

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-35,175

0

10,000

146,572

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of long-term debt principal

2,195

1,944

1,547

3,008

7,110

1,228

1,542

1,541

8,794

1,429

1,638

1,636

1,635

781

782

781

781

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of contingent consideration

0

-

0

0

206

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from revolving line of credit

-

-

-

-

-

0

0

-1,030

8,330

-1,773

2,550

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of revolving line of credit

4,000

11,000

7,393

2,300

0

-

-

-

-

0

0

1,500

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

37

1,097

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

153

3

9

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-194

135

109

-

-219

-57

65

-

37

37

32

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit from restricted stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

51

14

14

18

-

-

-

-

Net cash used in financing activities

-7,630

-14,630

-10,372

4,256

-8,738

-8,360

-2,950

-4,571

-1,858

-5,498

-3,214

-5,886

-10,019

-6,114

-6,077

734

138,410

-7,199

-7,452

-7,290

-7,178

-6,343

-6,348

-6,341

-6,331

-5,584

-5,636

-5,692

-5,631

-16,122

-5,075

-5,171

-5,071

-3,968

-3,968

-3,906

-3,946

Decrease in cash and cash equivalents

-3,077

3,368

-2,861

2,440

-1,323

557

3,683

-235

1,207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-787

-147

-332

-1,436

-168

-7,870

-13,257

-2,682

1,384

-3,718

6,175

5,784

4,713

-5,254

6,820

8,815

1,329

-5,221

-2,107

3,081

611

-3,338

1,893

-4,495

2,687

-1,470

7,003

Supplemental disclosure of cash flow information:
Cash paid for interest

1,093

1,339

1,615

2,099

1,289

1,862

1,737

1,698

1,841

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

1,743

1,612

-

1,546

1,858

922

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

Cash paid for income taxes, net of refund

31

1,863

-9

989

350

1,431

98

715

1,527

633

-13

20

494

-544

654

0

0

1,813

491

6,927

0

2,905

6,626

10,537

0

5,667

3,476

7,092

0

3,449

3,124

5,750

5

3,139

5,582

8,399

24

Supplemental disclosure of non-cash flow information:
Fair value of common stock and options issued as consideration for acquisition of HHI

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

97,017

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification of inventory to property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

106

130

134

126

77

59

126

Write-off of fully depreciated assets

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,769

0

0

0

0

-

-

-

-

1,138

0

0

1,222

0

0

0

8,687

-

-

-

-