Control4 Corp CTRL Cash Flow

Control4 corp (CTRL)

CashFlow / Quarterly

Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13
Operating activities
Net income (loss)
-1,970	30,523	5,711	6,640	966	5,859	5,034	3,741	821	3,358	1,777	524	6,639	-653	1,191	2,041	-4,231	3,921	2,763	2,011	-539	2,270	1,731	973	-1,471
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation expense
1,109	1,094	999	884	969	983	941	833	929	916	829	806	767	780	825	718	603	667	635	637	608	592	525	572	512
Amortization of intangible assets
1,620	1,178	1,401	1,439	1,446	1,327	1,334	1,321	1,230	1,205	1,221	1,238	934	361	385	403	325	161	134	98	98	101	83	67	68
Loss on disposal of fixed assets
-	0	5	4	-14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
8	79	474	215	71	324	227	127	137	32	146	48	119	64	109	101	71	-42	108	104	59	47	11	31	70
Investment discount and premium amortization, net
-169	-185	-157	-109	-83	-	-	-	-	46	77	86	130	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
3,529	3,426	3,429	3,321	3,335	2,914	3,028	2,909	3,254	2,437	1,983	2,127	1,823	1,698	1,808	1,679	1,849	1,347	1,339	1,408	1,247	1,112	940	870	838
Tax benefit from business acquisition
-	-	-	-	-	-158	0	0	2,415	0	-306	-116	9,824	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-28	762	-25
Changes in assets and liabilities:
Accounts receivable, net
-2,064	-850	4,979	3,609	-3,235	226	3,704	3,385	-2,199	296	1,869	3,176	-1,576	-970	639	3,174	-1,716	993	2,604	1,131	603	-874	484	2,162	332
Inventories
1,741	1,326	73	2,939	2,003	3,977	1,978	2,441	928	-5,187	-164	443	6,497	1,709	-133	-1,477	3,389	-1,200	-422	-1,186	1,783	-224	2,696	157	94
Prepaid expenses and other current assets
3,034	1,085	-437	165	916	983	808	-853	-345	556	-227	-2,688	1,175	877	145	46	375	-79	-1	157	246	-209	306	-546	338
Other assets
-1,784	705	-94	33	-194	-817	417	216	385	-34	-6	210	137	17	131	163	-47	185	-144	145	23	-10	-1,792	440	1,595
Accounts payable
-3,887	124	1,266	4,473	-3,923	2,875	2,620	1,011	-136	-2,365	581	-631	2,383	273	2,160	-2,337	519	742	1,888	-1,970	1,038	-3,371	862	2,607	-1,319
Accrued liabilities
-3,395	1,156	867	993	-3,083	1,234	-22	1,009	-2,662	1,578	-93	1,037	-523	870	-366	793	-1,049	-38	-918	254	-1,408	1,458	-444	-471	77
Deferred revenue
25	512	153	258	163	343	458	347	65	1,071	79	10	202	-89	157	104	86	100	14	-37	122	7	-52	-346	493
Other long-term liabilities
-650	756	327	211	84	-327	-81	247	5	-202	11	-444	-18	-214	71	-22	-347	-18	7	-16	-17	-17	-2,257	940	179
Net cash provided by (used in) operating activities
-4,707	12,962	9,944	11,575	469	12,038	6,597	6,333	2,459	12,445	5,458	3,776	-3,601	1,457	5,558	1,574	-4,175	6,872	3,590	2,233	-1,447	3,316	-323	3,612	-2,937
Purchases of available-for-sale investments
27,171	11,065	19,166	12,871	19,501	24,324	23,539	14,255	14,678	-	-	-	-	1,524	12,823	10,772	25,500	3,079	14,229	12,761	59,775	-	-	-	-
Proceeds from sales of available-for-sale investments
1,800	2,800	0	0	1,000	-	-	-	-	-	-	-	-	-	-	-	-	0	1,807	0	1,043	-	-	-	-
Proceeds from maturities of available-for-sale investments
26,399	11,300	19,600	13,550	18,200	9,200	14,312	5,708	14,560	8,345	6,650	6,846	20,362	15,607	10,456	14,984	24,095	-	-	-	-	-	-	-	-
Purchases of property and equipment
1,171	2,374	2,063	959	892	949	1,385	696	922	902	609	739	432	855	990	1,119	808	562	918	841	389	895	603	541	1,431
Business acquisitions, net of cash acquired
11,695	-	-	-	-	1,377	0	-36	7,917	0	0	736	32,155	0	0	0	8,380	-	-	-	-	-	-	-	-
Net cash used in investing activities
-11,838	661	-2,697	-623	-1,193	-15,445	-9,612	-8,257	-8,957	-1,637	-1,210	3,375	-12,225	13,228	-1,339	3,093	-10,593	3,359	-4,641	-11,502	-59,121	-954	-603	-629	-1,431
Proceeds from exercise of options for common stock
310	247	7,574	1,066	2,089	5,669	3,515	4,240	3,535	416	2,310	595	116	233	417	219	491	1,781	389	1,042	3,199	79	218	112	37
Payments for withholding taxes related to net share settlement of equity awards
1,847	989	1,770	994	3,614	943	1,995	529	2,067	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
2,522	7,915	4,907	3,602	7,448	0	0	0	1,821	0	0	1,505	1,737	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	710	435
Repayment of notes payable
-	-	-	-	-	-	-	-	-	332	194	193	194	193	216	239	267	291	292	258	297	352	472	314	200
Proceeds from revolving credit facility
-	-	-	-	-	-	-	-	-	0	0	0	5,000	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
-	0	0	0	113	-	-	-	-	0	0	0	89	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-4,059	-8,657	897	-3,530	-9,086	4,726	1,520	3,711	-353	-1,416	-1,384	-1,103	3,096	-4,038	-2,593	-2,168	224	1,563	106	793	2,902	-273	65,302	508	272
Effect of exchange rate changes on cash and cash equivalents
42	51	-3	-198	48	-183	67	72	258	-299	0	-245	204	146	-69	44	-6	-57	-18	4	5	-28	44	1	-26
Net change in cash and cash equivalents
-20,562	5,017	8,141	7,224	-9,762	1,136	-1,428	1,859	-6,593	9,093	2,864	5,803	-12,526	10,793	1,557	2,543	-14,550	11,737	-963	-8,472	-57,661	2,061	64,420	3,492	-4,122
Supplemental disclosure of cash flow information
Cash paid for interest
81	40	39	41	25	-8	2	29	34	40	60	74	30	16	20	29	36	38	72	39	39	42	252	104	63
Cash paid for taxes
184	171	303	518	167	172	286	822	12	257	236	432	190	400	310	55	66	19	127	7	93	22	70	11	50
Supplemental schedule of non-cash investing and financing activities
Settlement of accounts receivable and other assets in business combinations
4,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Landlord paid tenant improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	-	-	-	-	-	-	-	-
Purchases of property and equipment financed by accounts payable
61	-289	105	377	207	-45	218	85	93	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized gains (losses) on available-for-sale investments
55	-	-	-	-64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized losses on available-for-sale investments
-	-	-	-	-	-	-	1	-4	-	-10	-4	74	-79	37	-12	40	-93	45	34	-33	-	-	-	-