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

21,114

20,468

16,829

18,443

17,109

17,632

-11,493

-14,953

-13,695

-17,416

6,122

5,433

5,842

3,933

5,324

7,265

11,172

18,343

21,694

27,509

30,712

32,920

36,220

34,135

33,514

32,743

31,837

31,492

31,268

29,973

27,389

26,454

26,109

25,833

0

0

0

Adjustments to net income:
Provision for bad debt

2,140

2,348

2,785

3,471

3,737

3,176

5,034

4,643

3,893

3,421

2,290

2,281

2,300

2,259

891

1,700

807

910

397

-483

386

582

724

990

2,057

1,911

1,943

1,927

740

515

451

23

1,709

1,436

0

0

0

Deferred taxes

1,222

1,011

243

-591

-287

-364

-2,036

905

1,074

1,421

3,163

3,844

3,839

3,672

2,287

-456

-1,068

-2,698

-1,490

-1,063

-1,162

-1,552

-1,248

-591

-547

-67

538

290

290

654

526

83

-944

-452

0

0

0

Stock-based compensation

9,744

9,822

9,709

10,150

10,212

9,715

9,448

8,891

7,824

7,166

6,364

5,456

5,264

5,366

5,405

5,642

5,326

5,380

5,075

5,030

4,902

4,172

3,734

2,751

2,057

1,699

1,394

1,353

1,308

1,264

1,234

1,224

1,162

928

0

0

0

Excess tax benefit from shared-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

210

85

60

-66

-176

-57

165

166

167

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit from restricted stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

136

112

89

74

97

97

98

98

0

0

0

-

-

-

-

Depreciation

1,466

1,407

1,463

1,458

1,627

1,795

1,944

2,121

2,284

2,473

2,585

2,741

2,928

3,062

3,097

3,087

3,115

3,174

3,438

3,627

3,646

3,665

3,592

3,575

3,508

3,429

3,383

3,215

3,195

3,164

3,074

2,935

2,710

2,500

0

0

0

Amortization of acquisition-related intangibles

11,349

11,006

10,731

10,323

10,408

10,487

10,497

10,406

10,407

10,406

10,406

10,406

10,428

10,182

7,580

4,979

2,355

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of software development costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred finance costs

345

345

345

345

345

345

357

453

549

645

719

708

697

673

501

330

158

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-709

-641

-119

-1,820

1,050

3,898

7,663

9,287

10,050

7,847

6,796

4,376

3,743

3,927

2,020

4,058

2,573

166

-1,810

-2,972

-2,339

3,956

3,765

7,235

5,994

974

-1,807

-1,222

-2,620

-1,516

2,963

-6,359

624

-3,014

0

0

0

Financing receivables

-2,866

-3,053

15

5,086

6,858

9,473

14,855

14,736

19,593

17,308

8,215

2,153

-2,262

-1,514

-3,801

-1,774

-3,430

-6,500

-9,607

-9,929

-8,170

-7,406

-5,659

-4,795

5,592

14,766

18,546

17,771

11,747

4,858

4,098

5,388

1,574

790

0

0

0

Inventories

-385

-72

274

390

391

81

69

404

141

-280

-551

-646

63

-14

-19

191

-598

102

-356

-58

97

-158

642

-385

-743

-93

-1,014

41

485

255

778

525

61

445

0

0

0

Prepaid expenses and other

1,782

1,475

830

-526

-304

-549

-284

-390

403

30

-618

-531

-1,561

-1,787

-1,077

-902

-71

419

348

204

419

35

272

897

-357

-180

-293

-336

359

583

806

831

688

-64

0

0

0

Accounts payable

1,509

2,542

1,007

-986

-831

-1,952

-4,632

-5,615

-30

779

3,277

3,260

-7,539

-5,588

-5,319

-4,537

3,636

600

897

1,856

961

777

985

167

-257

233

-243

58

378

511

528

-545

-909

-148

0

0

0

Deferred revenue

-3,522

-2,003

-2,889

-2,613

-1,738

264

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

0

-5,436

-

-11,423

-9,440

-5,495

-2,070

-3,193

-4,246

-5,575

-3,691

-3,622

-716

2,818

2,128

3,575

3,214

1,600

1,862

2,159

850

451

1,120

0

0

0

Other liabilities

-342

-1,418

-3,631

-834

-1,212

-1,336

3,177

803

2,617

6,069

662

811

-6,776

-7,250

-9,165

-4,745

-1,421

730

1,178

-149

-299

421

935

-703

654

575

79

1,465

1,266

-597

978

-1,524

392

1,179

0

0

0

Prepaid income taxes/income taxes payable

1,066

782

-1,002

-2,464

-2,683

-2,930

-452

107

1,341

1,377

958

-779

-505

280

8

2,787

-2,169

518

-381

-2,848

-3,938

-1,750

-1,280

286

3,475

1,958

1,537

718

-896

-959

-436

-1,209

190

-594

0

0

0

Net cash provided by operating activities

43,307

43,601

34,590

33,572

28,692

23,929

20,178

15,570

17,081

23,643

22,995

26,478

10,958

2,105

1,978

4,979

18,073

30,876

39,206

41,891

39,429

38,950

40,793

36,744

36,682

29,047

28,574

27,440

29,178

32,206

27,295

27,942

27,800

33,540

0

0

0

Investing Activities:
Investment in software development

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

3,407

1,760

1,830

1,583

1,391

978

1,080

678

786

726

464

465

7

39

40

40

157

448

1,168

1,663

1,716

1,473

1,066

1,139

1,721

3,630

5,354

5,438

5,802

4,362

12,163

11,848

11,097

10,846

0

0

0

Purchase of business, net of cash received

-

-

-

-

-

-

-

-

-

-

-

-

-

162,611

162,611

162,611

162,198

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,733

2,732

116

127

1,155

1,173

1,167

1,174

3,178

0

0

0

Sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-15,061

-12,493

-12,563

-12,423

-1,391

-978

-1,080

-678

-786

-726

-464

-465

712

-151,789

-151,823

-151,897

-152,815

-598

-1,317

-1,777

-1,800

-1,523

-1,093

-1,139

-1,693

-3,684

1,591

1,445

1,069

1,481

-13,337

-13,015

-12,271

-14,025

0

0

0

Financing Activities:
Dividends paid

5,742

5,729

5,702

5,675

5,648

5,620

5,586

8,304

9,646

11,636

13,508

13,983

19,889

25,092

29,079

31,711

30,288

28,943

28,098

27,254

26,409

25,531

24,832

24,094

23,356

22,642

33,124

32,563

32,002

31,441

19,250

18,143

17,037

15,894

0

0

0

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

121,397

156,572

156,572

146,572

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of long-term debt principal

8,694

13,609

12,893

12,888

11,421

13,105

13,306

13,402

13,497

6,338

5,690

4,834

3,979

3,125

2,344

1,562

781

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of contingent consideration

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from revolving line of credit

-

-

-

-

-

7,300

5,527

8,077

9,107

777

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of revolving line of credit

24,693

20,693

0

0

0

-

-

-

-

6,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

1,134

1,134

1,134

1,097

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

166

167

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit from restricted stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

98

0

0

0

-

-

-

-

Net cash used in financing activities

-28,376

-29,484

-23,214

-15,792

-24,619

-17,739

-14,877

-15,141

-16,456

-24,617

-25,233

-28,096

-21,476

126,953

125,868

124,493

116,469

-29,119

-28,263

-27,159

-26,210

-25,364

-24,605

-23,894

-23,245

-22,545

-33,082

-32,521

-32,001

-31,440

-19,287

-18,180

-16,914

-15,790

0

0

0

Decrease in cash and cash equivalents

-130

1,624

-1,187

5,357

2,682

5,212

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-2,702

-2,083

-9,806

-22,731

-23,977

-22,425

-18,273

1,159

9,625

12,954

11,417

12,063

15,094

11,710

11,744

2,816

-2,917

-3,635

-1,752

2,247

-5,328

-3,253

-1,385

3,724

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for interest

6,146

6,342

6,865

6,987

6,586

7,138

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

0

6,566

-

4,326

2,780

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

2,874

3,193

2,761

2,868

2,594

3,771

2,973

2,862

2,167

1,134

-43

624

604

110

2,467

2,304

9,231

9,231

10,323

16,458

20,069

20,069

22,830

19,681

16,236

16,236

14,018

13,667

12,325

12,330

12,020

14,478

17,126

17,146

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

97,017

97,017

97,017

97,017

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification of inventory to property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

411

498

469

398

389

0

0

0

Write-off of fully depreciated assets

-

-

-

-

-

-

-

-

-

-

-

-

-

2,769

2,769

2,769

2,769

0

0

0

0

-

-

-

-

2,360

1,222

1,222

1,222

8,687

0

0

0

-

-

-

-