Cubic corp /de/ (CUB)
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'11Dec'10Jun'10
Operating Activities:
Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,498

10,144

-5,414

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income from discontinued operations

129

-584

118

-202

-1,339

0

-4,121

5,380

1,335

1,649

-

56,279

-41,410

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-52,301

-16,585

40,922

20,344

-10,769

-10,614

19,423

4,410

-2,011

-9,786

13,155

-21,957

461

-2,868

-

4,498

-

-

19,977

8,786

-11,011

5,162

32,815

12,216

16,120

8,429

-37,152

18,405

29,702

14,314

21,143

26,774

23,448

20,739

21,739

22,106

20,030

20,029

22,702

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

23,400

17,000

15,749

15,351

17,600

16,000

12,509

10,600

11,058

12,433

14,294

11,750

11,611

13,444

8,380

12,966

10,029

8,948

468

8,653

11,117

8,947

7,700

7,511

7,852

7,377

7,345

6,417

6,879

4,718

5,717

5,843

5,465

5,832

6,095

6,160

6,218

3,868

3,946

Share-based compensation expense

5,382

4,477

4,728

4,402

3,638

2,720

2,415

2,603

870

1,627

1,545

395

1,015

2,314

832

2,828

1,970

2,118

755

1,361

4,238

1,053

1,255

1,785

1,725

860

-

1,575

59

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent consideration

-1,473

-3,005

-2,838

1,163

241

429

583

-6

154

298

835

-2,519

-880

-1,314

4,030

-2,668

-897

809

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-16,090

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other items

-13

-4,295

-

-

-

-462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale of property, plant and equipment

-

-

-

32,563

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-

-

-

-

-

-

-

-

1,474

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

2,909

-

-

-948

-5,825

-

-

-10,013

185

-

-

-17,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of effects from acquisitions:
Changes in operating assets and liabilities, net of effects from acquisitions:

36,281

49,941

-

6,897

28,754

76,308

-

35,026

-5,417

14,437

-

-5,928

50,660

4,478

-

-22,842

9,354

56,048

-

33,406

-48,473

6,881

-

-44,524

15,201

56,461

-

-22,744

66,495

45,148

-

31,524

30,444

64,948

-

-23,758

-1,828

7,744

15,530

NET CASH USED IN OPERATING ACTIVITIES FROM CONTINUING OPERATIONS

-26,557

-47,562

50,805

1,054

-22,543

-61,167

40,379

-32,770

12,494

-11,514

-

-45,022

2,957

-

18,585

43,134

11,892

-49,587

34,756

-14,606

52,817

8,281

78,073

66,036

10,496

-39,795

-6,446

49,141

-29,855

-26,116

-15,862

1,093

-1,531

-38,377

32,841

52,024

28,076

16,153

-

NET CASH PROVIDED BY OPERATING ACTIVITIES FROM DISCONTINUED OPERATIONS

129

-44

-

-

-

-

-4,120

8,364

21,556

-15,424

-

16,702

943

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH USED IN OPERATING ACTIVITIES

-26,428

-47,606

50,805

1,054

-22,543

-61,167

36,259

-24,406

34,050

-26,938

42,058

-28,320

3,900

7,098

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,118

Investing Activities:
Acquisition of businesses, net of cash acquired

234,538

-

-1,946

0

148,704

247,150

6,788

0

4,884

4,650

3,906

0

0

12,924

-24

0

213,765

29,718

2,006

712

6,037

83,423

0

3,773

10,708

68,975

3,042

7,377

20,177

33,095

-

-

-

-

0

0

2,394

124,431

6,326

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

177

189

12,509

6,246

6,668

7,116

7,145

7,541

-

1,611

4,590

-

-

-

-

-

-

4,054

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales or maturities of marketable securities

-

-

-

-

-

-

-

-

-

-

12,924

6,441

6,257

6,246

6,533

7,053

15,694

14,176

-

-

1,196

-

-

-

4,055

-

-

-

-

-

0

7,895

10,977

6,957

279

16,180

10,867

30,926

33,711

Proceeds from sale of property, plant and equipment

-

-

-

44,891

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,171

Purchases of property, plant and equipment

13,478

11,833

13,809

13,114

10,132

12,045

10,580

9,334

5,468

6,318

11,458

10,305

8,495

6,674

6,210

4,508

11,015

10,360

6,421

13,163

1,704

876

3,084

2,589

6,025

4,922

2,843

2,348

2,438

1,423

982

3,094

4,901

5,249

3,127

2,026

2,135

1,440

1,936

Receipt of withheld proceeds from sale of trade receivables

0

5,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of non-marketable debt and equity securities

-

-

-

52,997

-

-

28

222

579

671

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

641

2,352

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of fixed assets

-

-

-

-

-

-

-

-

2,400

-

-

-

-

1,233

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH USED IN INVESTING ACTIVITIES FROM CONTINUING OPERATIONS

-

-

-

-21,220

-

-

-

-9,556

-8,531

-

-

-4,053

-14,747

-

-6,321

-4,571

-216,231

-33,443

-11,104

-15,486

-11,776

-86,651

-28,646

-6,362

-12,678

-73,897

-5,881

-13,779

-22,615

-34,518

-982

4,801

6,076

1,708

-2,848

14,154

6,338

-94,945

-

NET CASH PROVIDED BY INVESTING ACTIVITIES FROM DISCONTINUED OPERATIONS

-

-

-

-

-

-

-

133,795

-

-

-

-16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH USED IN INVESTING ACTIVITIES

-248,016

-6,312

-19,544

-21,220

-158,836

-259,195

-17,392

124,239

-8,531

-11,639

-5,301

-4,069

-14,747

-18,365

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18,722

Financing Activities:
Proceeds from short-term borrowings

727,000

157,500

115,500

168,000

242,500

372,000

70,950

79,700

37,120

82,000

37,700

23,800

32,480

36,800

25,600

10,000

180,700

72,600

16,300

25,000

10,000

60,000

0

8,000

10,000

20,000

0

0

45,000

25,000

-

-

-

-

-

-

-

-

-

Principal payments on short-term borrowings

616,500

126,500

151,000

146,000

98,000

307,500

70,950

156,700

48,120

49,000

86,700

169,800

24,280

35,000

15,600

20,000

50,700

22,600

-

10,000

15,000

-

-

30,000

-

-

-

25,000

45,000

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75,000

-

-

-

-

-

-

-

-

-

-

50,000

50,000

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt

199,833

-

-

-

-

-

-

-

-

-

658

104

109

107

116

124

123

131

134

134

131

138

142

147

144

140

136

134

4,133

4,140

138

137

138

4,136

139

142

137

4,137

131

Debt extinguishment make whole payment

15,856

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing fees

2,517

-

-

1,854

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock issued under employee stock purchase plan

0

1,169

-

-

783

-

-

-88

798

-

-

279

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of common stock

39

3,621

269

0

0

3,419

94

31

68

2,256

16

94

0

2,334

-95

0

0

1,658

0

929

141

1,582

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4

-

Dividends paid

4,225

-

-

-

4,205

-

-

-

3,676

-

-

-

3,659

-

-

-

3,641

-

-

-

3,627

-

-

-

3,215

-

-

-

3,208

-

-

-

3,208

-

-

5,080

-

-

2,407

Contingent consideration payments related to acquisitions of businesses

-

-

0

0

385

435

500

0

0

656

637

0

0

1,988

800

0

0

1,679

-

-

-

-

0

1,251

447

670

-

224

-

-

-

-

-

-

-

-

-

-

-

Proceeds from equity offering, net

-

-

0

0

0

215,832

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in restricted cash

-

-

-

-

-

-

-

-

-2,498

-

-4,791

72,597

2,713

-4,226

-2,287

-602

-1,102

-2,412

-43

-45

-42

-59

-28

-44

457

-60

-54

-20

-313

229

-

-

-68,584

-

-

-

-

-

-

NET CASH PROVIDED BY FINANCING ACTIVITIES

341,066

48,734

-23,946

39,774

150,393

282,276

5,601

-50,921

-16,444

30,088

-56,794

-73,322

7,145

-6,855

-402

-10,726

200,134

44,120

10,132

13,892

-8,941

58,221

-12,278

-23,442

6,764

19,130

-11,017

24,622

42,346

21,089

-3,347

-137

-71,930

-4,136

-2,545

-5,222

-137

-4,141

-2,538

Effect of exchange rates on cash

-11,224

4,021

-1,604

-1,574

-622

1,962

-2,303

342

-1,651

677

13,116

4,958

5,180

-12,666

-8,752

-13,206

-8,350

-8,203

-8,655

17,401

-11,259

-8,437

-12,502

5,266

-615

12,046

14,785

3,862

-15,387

1,394

1,329

-5,394

9,010

798

-11,157

925

2,428

1,770

-1,768

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

55,398

-1,163

5,711

18,034

-31,608

-36,124

22,165

49,254

7,424

-7,812

-6,921

-100,753

1,478

-30,788

23,688

14,631

-12,555

-47,113

33,532

1,201

20,841

-28,586

24,647

41,498

3,967

-82,516

-8,559

63,846

-25,511

-38,151

-18,862

363

-58,375

-40,007

16,291

61,881

36,705

-81,163

-11,910

Supplemental disclosure of non-cash investing and financing activities:
Receivable recognized in connection with the acquisition of net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

682

-

-

-

-

-

-

-

-

-

-

Contingent consideration liability incurred with the acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Shield Aviation
Change in fair value of contingent consideration

-

-

-

-700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OpCo.
Change in fair value of interest rate swap in VIE

15,819

-4,337

-

-

-

6,133

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term borrowings

3,036

20,186

14,823

19,841

9,700

5,798

-

28,378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing fees

-

-

-

213

-

-

-

2,180

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cubic Corporation Excluding VIE
Proceeds from long-term borrowings

450,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

PIXIA Corp
Receivable recognized in connection with the acquisition of net

1,214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trafficware
Receivable recognized in connection with the acquisition of net

-

-

-

0

0

1,588

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gridsmart
Receivable recognized in connection with the acquisition of net

-

-

-

-

442

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nuvotronics
Receivable recognized in connection with the acquisition of net

-

-

-

-

166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration liability incurred with the acquisition

-

-

-

-

4,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Delerrok Inc.
Contingent consideration liability incurred with the acquisition

1,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Vocality
Liability incurred to acquire, net

-

-

-

-

-

-

-

-

-

-

-

-

-58

1,093

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-