Cypress semiconductor corporation (CY)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'18Dec'17Sep'17Jun'17Mar'17Jan'17Sep'16Jun'16Mar'16Jan'16Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities:
Net income (loss)

20,760

12,673

-12,732

19,712

267,201

50,746

27,794

9,090

-34,025

13,031

-16,854

-42,935

-69,304

9,236

-519,655

-104,154

-72,797

29,791

-90,691

-247,441

3,076

12,554

9,157

-8,269

-14,546

-9,259

2,197

-28,479

-23,877

13,958

4,632

-19,771

31,381

39,744

40,642

55,190

8,678

34,228

19,459

12,511

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash Expense

30,216

24,891

30,480

20,395

19,404

24,195

33,908

18,458

23,065

21,012

24,350

23,154

28,813

27,313

18,849

23,538

22,109

24,954

27,667

18,797

6,749

12,280

14,318

16,823

20,877

19,311

20,395

12,437

7,264

16,101

22,230

28,737

25,369

24,835

29,740

20,837

21,596

22,010

26,279

21,574

Depreciation and amortization

71,026

70,948

71,282

71,400

69,822

71,802

69,911

71,450

68,385

65,185

66,224

65,111

68,882

74,303

52,786

69,951

75,303

69,640

74,603

22,038

11,368

11,888

12,047

11,431

11,461

12,008

12,330

12,594

12,969

12,987

12,938

11,952

11,142

14,121

14,697

13,543

13,562

13,195

13,098

12,673

Impairment of acquisition-related intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

33,944

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of assets held for sale

-

-

9

3,532

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Stock in Subsidiary or Equity Method Investee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,386

-1,367

-913

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contribution of asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,000

-

-

-

-

(Gain) loss on sale or retirement of property and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-396

9,318

-10,243

897

-94

-289

0

579

-

-184

-138

-262

-2,371

-3

-190

-628

-2,495

-46

-1,874

524

-

-

-

-

(Gain) on divestiture of TrueTouch Mobile business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

34,291

-

-

-

-

Share in net loss of equity method investee

-

-

-

-3,590

-

-

-

-3,461

86,614

-4,931

-4,835

-5,076

26,523

-4,233

-2,568

-2,078

-2,330

-1,800

-1,459

-1,559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of interest expense on Senior Exchangeable Notes and amortization of debt and financing costs on other debt

3,963

4,493

4,669

4,767

4,712

1,529

4,849

8,423

2,460

8,560

5,020

5,051

5,045

4,993

2,229

872

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss / (Gain) on disposal or impairment of property and equipment

-

0

131

234

-

25

-1,842

-5,337

-

555

809

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

Loss on trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

168

-3,168

270

-461

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on assets held under deferred compensation plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,324

2,463

-1,259

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,029

-565

-2,228

-

-

-

-2,766

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,722

-355

-5,682

-

-1,634

-11,491

-2,066

373

-29

-1,341

1,818

-

-

-

696

8,376

1,678

3,909

1,070

Restructuring and other costs

-489

399

3,270

691

1,954

10,531

-268

3,911

11,765

-2,829

587

-526

-

-

-

-

-594

22,943

-22,961

9,193

72

-817

-137

-298

-469

3,693

693

11,440

2,976

66

988

228

932

872

3,798

734

-283

3,104

2,218

327

Impairment of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

820

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-440

713

-

78

-595

-267

-1,319

-287

939

673

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of effects of acquisitions and divestiture:
Accounts receivable

-85,712

118,826

1,390

-57,900

-80,288

37

6,775

97,312

-60,462

19,906

19,271

-15,761

-16,800

25,416

27,223

5,183

-505

32,458

69,239

16,179

-29,868

-9,952

-2,411

37,132

-27,117

-6,592

-17,848

49,720

-45,556

-988

24,090

-1,424

-30,400

-36,792

-2,673

55,663

-42,573

14,394

36,291

22,655

Operating lease right-of-use assets

-

9

5,252

48,564

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-29,552

-5,881

12,498

25,890

3,156

3,645

9,753

4,203

-15,196

-23,426

-12,810

37,105

39,560

16,500

-4,675

-17,708

-35,859

-13,521

-89,363

-149,521

626

1,150

1,303

-12,219

-1,295

1,661

-11,833

-17,952

522

-1,226

-2,916

2,269

-18,565

6,100

621

7,564

11,595

6,838

-2,120

-6,264

Asset held for sale

-

-

-

-2,692

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current and long-term assets, net

8,100

-3,102

2,731

-3,503

-35,496

12,436

11,429

6,252

-1,140

-13,476

1,292

3,695

-16,024

-8,407

32,184

4,472

-18,584

9,042

-943

16,462

-3,242

887

4,344

-12,549

-6,931

-3,119

3,092

-1,396

-5,389

6,212

-519

4,493

-2,529

-9,983

11,576

15,831

6,190

-1,541

6,333

31

Price adjustments and other distributor related reserves

-23,831

-65,211

-300

21,871

61,450

-23,407

17,481

-41,037

14,568

-24,879

-2,210

-6,546

-31,592

-18,683

-41,856

-8,258

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other liabilities

-74,372

-10,164

13,934

-30,375

-38,711

12,180

14,381

-21,722

4,531

-7,432

-45,363

-10,717

12,203

74,088

-1,154

-5,661

-15,304

28,105

-113,923

46,828

1,491

-32,530

14,502

3,411

-31,548

-4,546

-11,673

-3,503

-1,660

-1,717

3,094

19,686

-37,376

6,727

-3,144

6,744

-9,082

29,904

1,761

-3,786

Deferred margin on sales to distributors

-

-

-

-

-

-

-

-

-

-

-

-

-10,264

-4,164

-29,158

-25,378

23,579

-69,913

-8,760

40,849

-39,538

-4,030

-2,914

19,092

-15,381

-20,451

-9,002

36,219

-38,097

20,981

21,108

-23,106

-18,495

-22,937

13,819

46,424

-

-

-

10,172

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-65,308

12,292

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

234,247

64,497

118,923

61,248

142,215

187,073

110,734

31,678

201,541

143,778

32,447

25,721

89,786

105,130

8,774

13,729

-

-

-

-

-

-

44,309

25,191

-

7,905

30,355

8,265

17,302

58,065

43,303

16,327

65,481

106,114

76,870

35,343

69,187

109,405

46,031

38,123

Cash flows from investing activities:
Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

105,130

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions, net of contribution from deferred compensation plan

-834

357

164

6,098

-919

-1,123

-160

4,743

-873

-771

-221

4,427

-146

-3,454

169

1,574

-123

364

220

1,050

-473

0

334

-1,144

0

574

-374

-1,447

679

33

304

-27

-

-

-

-

1,377

1,209

-59

-386

Acquisition of property, plant and equipment

12,545

10,599

7,490

10,534

10,838

15,201

25,593

17,267

10,130

14,804

15,578

13,772

11,889

19,695

12,787

13,027

9,227

12,748

18,735

6,496

3,769

5,800

5,779

5,599

8,750

10,808

7,771

9,298

7,809

5,488

9,741

9,975

8,758

18,207

34,282

19,309

13,666

10,715

8,533

17,872

Proceeds from maturities of available-for-sale investments

-

-

-

-

-

-

-

-

-

-

-

-

-45,904

1,587

4,331

79,986

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of available-for-sale investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,912

-

0

3,951

10,450

-47,731

6,450

12,727

34,284

27,688

51,689

23,672

36,776

21,045

27,413

91,771

78,326

5,495

13,018

11,599

2,411

Purchases of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

0

149

0

80,053

-

-

-

-

-

-

-

-

-178

-105

-297

23,717

15,281

15,729

63,720

18,078

16,645

19,492

29,000

43,385

89,372

5,466

19,601

25,910

Cash paid for equity and cost method investments

-

-

-

-

-

-

-

-

-

1,392

768

7,125

6,609

6,164

7,000

7,376

16,382

5,867

4,877

7,000

-

-

9,400

5,000

7,600

0

3,500

861

0

0

0

7,203

-

-

-

1,013

0

0

0

2,000

Cash received on sale of inventories to joint venture

-

-

-

-

-

-

-

-

-

0

0

31,611

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from divestitures

-

-

-

-

-

-

-

-

35,500

3,491

0

6,509

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

19,074

14,951

-

-

-

-

Cash received on repurchase of shares by Deca Technologies Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-747

0

2,158

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of held-for-sale equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investing

0

0

0

-60

2

3,335

-2

1,649

1,262

1,575

-1,575

0

-

-

-

-

-

-

-

-

-397

-1,590

0

-116

-

-1,750

143

-144

-

-

-

-

-

-

-

1,141

-

-

-

-

Net cash used in investing activities

-14,058

-2,056

-6,821

-4,376

-5,990

-22,314

-7,213

-14,173

-6,036

-15,051

-14,992

21,650

-19,008

-560,248

-15,287

-18,896

-

-

-

-

-

-

-19,310

2,063

-

-2,080

3,545

-895

-95,562

30,510

-49,477

1,493

1,731

-9,966

46,624

30,711

-96,099

3,059

-13,937

-43,757

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24,647

-110,664

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Repayment of Term Loan A and Term Loan B

-

-

-

-

-

-

-

-

-

96,875

7,500

7,500

-

1,250

1,250

1,250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

175,694

-

-

-

-

-

-

-

-

-

-

-

-

29,930

81,393

19,592

78,272

60,145

262,525

25,066

76,404

-

-

-

-

Yield enhancement structured agreements settled in cash, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-2,962

-46,965

14,661

-2,084

-762

-2,208

Yield Enhancement Structured Agreements Settled In Common Stock Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-361,272

52,803

75,350

52,483

1

0

80,752

34,164

Tax withholdings related to net share settlements of restricted stock units

12,935

303

762

5,386

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59

186

-

98

107

4,321

2,386

255

284

19,700

2,714

1,877

728

40,714

3,172

1,875

344

8,713

Proceeds from employee stock-based awards

3,348

3,380

17,560

14,312

773

3,274

16,110

20,543

9,704

5,655

13,905

17,936

330

3,409

39,277

834

11,055

8,603

17,458

15,741

5,091

15,955

1,945

8,764

5,286

17,834

4,001

11,560

3,434

10,379

3,781

6,201

14,212

8,740

24,352

23,888

44,972

12,111

19,995

19,786

Finance Lease, Principal Payments

-

440

443

388

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease payment for principal portion

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of Dividends

40,729

40,289

40,134

39,748

39,772

39,447

39,404

38,741

36,670

36,325

36,217

35,537

35,350

35,240

34,270

36,550

36,914

36,747

36,403

17,931

17,728

17,413

17,257

16,850

16,578

16,258

16,138

15,845

16,057

16,660

16,716

13,794

-

-

-

-

-

-

-

-

Proceeds from settlement of capped calls

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

25,293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of equipment leases, loans and other

-

-

-

-

-

-

-

-

-

-

-

-

-2,389

6,844

4,106

2,500

2,400

2,534

2,899

1,587

734

2,086

2,111

1,347

1,347

1,370

1,415

4,748

-

-52,716

57,037

688

-

-

-

-

-

-

-

-

Proceeds from Lines of Credit

0

447,000

0

0

0

0

34,000

60,000

100,000

20,000

40,000

30,000

35,000

40,000

10,000

110,000

139,000

99,000

99,000

200,000

92,000

72,000

100,000

0

-

-

-

-

-

-

-

50,000

-

-

-

-

-

-

-

-

Borrowings under Term Loan B

0

447,000

0

0

0

0

34,000

60,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of senior secured revolving credit facility

-

-

-

-

0

0

97,000

87,000

258,000

89,000

40,000

45,000

30,000

80,000

172,000

30,000

139,000

99,000

0

77,000

92,000

72,000

100,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of Term Loans

0

448,785

1,262

26,263

1,263

26,263

1,262

6,826

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing costs related to debt

0

2,157

0

0

0

300

0

325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment for Debt Extinguishment or Debt Prepayment Cost

11

0

0

0

0

0

0

10,000

128,000

0

-114

114

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs related to refinancing of debt

-

-

-

-

-

-

-

-

-

640

375

5,828

-

23,063

325

272

-

-

260

2,299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Yield enhancement structured agreements not settled

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,727

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unsettled yield enhancement structured agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-110,891

-

-

-

-

Financing costs related to revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,514

142,217

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-147,754

-91,594

-25,041

-57,473

-55,252

-72,730

-97,555

-62,349

-175,472

-105,935

-30,184

-46,043

-37,262

353,441

108,755

-135,432

-

-

-

-

-

-

-27,209

-9,619

-

108

-20,502

-13,354

-20,866

-44,508

63,152

-56,253

-31,755

-312,041

37,061

-209,639

-23,485

12,320

-60,339

-20,883

Net increase in cash and cash equivalents

72,435

-29,153

87,061

-601

80,973

92,029

5,966

-44,844

20,033

22,792

-12,729

1,328

33,516

-101,677

102,242

-140,599

32,931

69,619

-23,441

43,845

-1,348

3,650

-2,210

17,635

9,459

5,933

13,398

-5,984

-99,126

44,067

56,978

-38,433

35,457

-215,893

160,555

-143,585

-50,397

124,784

-28,245

-26,517

Supplemental disclosures:
Cash paid for income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

1,068

2,478

1,271

3,471

3,983

533

3,221

999

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities related to license commitments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,880

-

-

-

18,197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

11,315

10,912

4,804

5,594

-453

5,855

2,674

1,594

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unpaid purchases of property, plant and equipment

-500

74

497

3,784

1,889

-4,570

-11,603

20,159

12,582

1,355

-2,024

2,378

590

-434

-6,592

10,396

-2,288

-1,627

3,305

7,273

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-