3d systems corporation (DDD)
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
Cash flows from operating activities:
Net loss

-64,206

-69,632

-69,112

-63,900

-48,642

-45,263

-51,222

-76,987

-76,383

-65,323

-50,041

-34,153

-31,364

-39,265

-648,904

-659,963

-668,589

-663,925

-57,765

-22,139

-6,112

11,946

21,495

35,995

43,146

44,119

43,778

39,655

38,636

38,941

36,034

29,737

34,786

35,420

0

0

0

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

48,942

50,396

53,612

55,919

57,251

59,293

60,881

61,414

62,254

62,041

60,950

60,675

60,419

60,535

64,895

71,609

78,688

83,069

79,530

72,693

62,172

55,188

47,921

41,506

36,938

30,444

27,511

23,879

21,830

21,229

19,495

16,771

14,074

11,093

0

0

0

Stock-based compensation

23,193

23,587

27,392

29,111

28,831

29,253

27,258

26,544

27,257

27,260

23,974

26,852

26,759

31,295

34,288

33,576

36,071

34,733

37,905

37,205

35,846

32,793

28,832

23,850

18,613

13,558

9,926

7,984

6,163

5,118

4,466

3,883

3,426

2,637

0

0

0

Lower of cost or market adjustment

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lower of cost or market adjustment

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash interest on convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

224

318

414

602

974

1,833

2,687

3,383

3,876

0

0

0

-

-

-

-

Provision for bad debts

1,906

1,308

454

1,637

1,026

1,824

2,276

2,241

1,913

1,051

1,361

-959

-681

1,552

1,131

1,308

3,273

3,766

8,428

10,693

10,239

8,699

6,101

7,501

5,701

4,961

3,924

2,736

3,309

3,039

3,171

2,077

1,593

1,731

0

0

0

Loss on the disposition of property, equipment and other assets

-2,419

-2,282

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

43

-779

-188

260

227

-1,171

-1,421

-1,351

-1,128

-90

217

620

674

0

0

0

-

-

-

-

Provision for deferred income taxes

-2,962

-3,354

-1,204

-1,555

-2,590

-2,990

-10,373

-6,274

-5,396

-5,567

572

-5,945

-6,543

-6,566

13,632

9,697

6,287

-2,875

-27,413

-26,079

-27,199

-24,555

-24,731

-18,660

-13,959

-9,892

-7,876

-6,443

-4,832

-661

2,634

1,633

-4,853

-5,140

0

0

0

Impairment of assets

2,648

1,728

2,315

2,315

767

1,998

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on conversion of convertible debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,275

0

0

0

-

-

-

-

-

-

-

-

Changes in operating accounts:
Accounts receivable

-19,567

-15,071

-14,398

-15,196

-1,445

-599

8,299

4,946

5,459

-3,987

-675

-1,429

-10,383

-26,255

-19,465

-25,010

-24,092

-20,534

-21,796

23,065

26,589

55,977

58,069

23,896

46,301

43,684

33,938

41,067

26,776

19,246

20,792

15,374

13,819

12,090

0

0

0

Inventories

-20,945

-18,447

-1,948

22,222

33,656

34,035

33,259

22,887

19,171

17,716

8,379

14,269

16,788

20,656

22,465

19,252

24,433

37,216

33,974

48,782

40,821

33,088

53,583

43,757

44,948

35,234

23,395

12,672

11,448

12,225

8,190

8,161

4,350

2,608

0

0

0

Prepaid expenses and other current assets

5,502

-9,150

3,789

-46,167

-44,943

-40,922

5,306

54,228

53,542

49,834

5,215

3,777

3,420

3,895

-25,417

-27,769

-19,250

-16,900

12,646

15,937

4,644

9,235

3,810

8,152

8,715

1,780

5,726

1,072

1,473

794

-575

-1,016

-1,359

-45

0

0

0

Accounts payable

1,757

-16,846

-7,587

1,237

219

11,559

15,246

10,867

12,492

12,448

8,426

3,894

290

-4,975

-10,330

-20,748

-20,190

-20,049

-8,100

6,672

13,400

23,482

13,106

20,350

12,642

7,620

10,689

-4,096

-3,298

-238

-3,168

4,404

6,293

-3,457

0

0

0

Deferred revenue and customer deposits

892

-677

-2,145

-2,649

590

2,383

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other current liabilities

-1,577

960

-1,343

-65,124

-55,961

-47,851

6,886

71,997

40,506

50,330

1,306

-10,069

8,789

-7,670

0

0

0

-

-

-

-

15,406

1,834

-6,780

659

-6,495

-6,806

4,694

4,377

7,567

11,765

1,010

804

-2,496

0

0

0

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

9,057

5,001

5,332

7,526

4,631

4,515

2,565

1,164

2,446

2,146

1,765

525

0

0

0

Customer deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,496

1,667

1,596

1,904

1,267

999

278

-1,336

-1,098

1,506

482

857

0

0

0

All other operating activities

1,784

2,193

3,038

3,357

1,866

8,130

1,924

11,890

5,836

7,739

9,977

-8,406

-739

263

-366

16,076

11,259

4,848

3,306

-28,840

-22,256

-22,315

-24,210

4,416

2,495

4,563

5,900

3,291

2,680

1,251

-1,430

-5

-4

-478

0

0

0

Net cash provided by operating activities

44,454

31,581

17,811

-824

-8,823

4,796

5,520

16,719

5,200

26,127

36,919

45,022

58,753

57,483

46,017

34,562

16,224

-2,831

12,605

25,428

49,866

51,111

24,560

41,119

19,045

25,184

36,041

33,547

42,150

51,530

52,888

42,806

43,198

27,660

0

0

0

Cash flows from investing activities:
Purchases of property and equipment

19,514

23,985

30,636

36,952

38,767

40,694

38,132

37,733

36,025

30,881

25,625

20,213

17,941

16,567

16,349

17,800

22,952

22,399

24,008

25,958

22,869

22,727

18,027

12,186

8,228

6,972

7,050

5,423

4,764

3,224

2,477

3,444

3,150

2,870

0

0

0

Cash paid for acquisition

-

-

-

-

-

-

-

-

-

34,291

0

0

0

-

-

-

-

91,799

192,870

383,634

421,345

345,361

293,539

129,645

111,369

162,318

148,492

122,389

101,732

183,701

196,125

212,213

205,470

92,677

0

0

0

Proceeds from sale of assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition of property and equipment

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

1,882

0

0

0

-

-

-

-

-

-

-

-

Purchase of noncontrolling interest

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to license and patent costs

-

-

-

-

-

-

-

-

-

-

1,217

913

1,181

1,132

978

1,137

935

907

925

931

746

753

693

717

1,681

1,648

1,696

1,653

675

729

566

514

501

336

0

0

0

Other investing activities

2,254

2,007

1,974

847

1,273

1,466

0

0

0

-

-

-

-

-

-

-

-

5,750

10,050

8,050

7,100

6,600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-32,096

-26,872

-30,666

-37,466

-42,207

-41,827

-39,642

-41,784

-41,486

-70,659

-68,645

-59,979

-57,572

-21,882

-20,327

-23,937

-42,852

-120,855

-227,853

-418,573

-452,060

-375,441

-313,159

-146,049

-124,201

-173,757

-159,457

-129,083

-107,167

-187,654

-198,994

-215,997

-208,947

-95,709

0

0

0

Cash flows from financing activities:
Proceeds from borrowings

0

100,000

125,000

125,000

125,000

25,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of borrowings/long term debt

52,395

76,768

66,013

45,000

25,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from inventory financing agreements

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments related to net-share settlement of stock based compensation

0

-

-

-

0

-

-

-

-

5,545

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activities

2,414

1,338

1,311

444

-1,051

694

648

2,295

1,282

437

566

821

913

1,055

1,047

1,047

1,135

1,049

1,167

1,134

828

696

-3,206

150

163

157

3,722

177

165

163

170

190

202

221

0

0

0

Payments on earnout consideration

-

-

-

-

-

2,675

2,675

2,675

2,675

3,206

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefits (provision) from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,250

1,832

2,652

7,653

16,995

23,008

27,187

26,038

0

0

0

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62,054

0

0

0

Repurchase of stock, net, and employer paid tax on employee awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,035

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of restricted stock, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,960

1,904

1,084

902

363

3,938

3,920

4,400

4,968

1,380

2,014

2,764

0

0

0

Cash disbursed in lieu of fractional shares related to stock split

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

176

0

0

0

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

0

0

0

Net cash used in financing activities

-53,808

18,700

50,503

69,689

91,641

14,264

-10,097

-8,545

-8,414

-9,188

-9,630

-7,561

-7,268

-3,926

-4,877

-4,951

-3,860

-2,157

1,124

2,079

303,325

308,582

321,864

324,520

300,198

298,696

286,006

286,553

116,280

112,640

257,255

253,688

155,260

209,975

0

0

0

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-3,009

289

-2,128

-126

-4,526

-3,145

-1,387

-801

4,815

5,303

332

450

-2,005

-2,369

1,092

-643

366

-3,376

-5,758

-7,979

-7,939

-5,706

-1,286

1,417

1,119

334

-1,165

-263

-747

223

165

-1,005

-312

-155

0

0

0

Net (decrease) increase in cash, cash equivalents and restricted cash

-44,459

23,698

35,520

31,273

36,085

-25,912

-45,606

-34,411

-39,885

-48,417

-41,024

-22,068

-8,092

29,306

21,905

5,031

-30,122

-129,219

-219,882

-399,045

-106,808

-21,454

31,979

221,007

196,161

150,457

161,425

190,754

50,516

-23,261

111,314

79,492

-10,801

141,771

0

0

0

Supplemental cash flow information
Cash interest payments

4,142

3,715

3,209

2,281

1,065

542

478

339

422

503

584

1,028

825

839

846

635

778

707

37

563

899

888

1,819

1,213

1,583

1,584

5,109

5,789

9,111

9,113

5,884

5,209

1,178

1,188

0

0

0

Cash income tax payments, net

7,692

10,722

10,829

11,778

11,494

8,964

8,743

6,897

8,098

6,339

7,720

8,479

9,911

11,045

9,020

9,893

12,512

12,512

14,480

14,560

14,902

15,602

15,131

13,635

7,310

5,642

4,782

4,336

4,077

3,506

2,418

1,849

1,433

1,523

0

0

0

Non-cash items:
Transfer of equipment from inventory to property and equipment, net

3,383

3,187

3,835

4,028

5,100

5,612

5,555

5,810

5,168

9,881

12,062

12,653

12,112

12,493

10,485

13,028

13,123

9,902

5,173

4,840

6,130

5,891

11,249

8,394

6,271

4,886

4,996

4,423

4,217

4,057

0

0

0

-

-

-

-

Noncash financing activity
Transfer of equipment to inventory from property and equipment, net

-

-

-

-

-

2,563

642

-160

20

378

1,117

-66

41

1,102

0

0

0

-

-

-

2,750

944

0

0

0

-

-

-

-

1,924

1,654

2,039

1,836

1,068

0

0

0

Issuance of stock for acquisitions

-

-

-

-

-

-

-

-

-

3,208

0

0

0

-

-

-

-

-

-

-

-

24,625

30,506

26,631

12,152

13,131

0

0

0

-

-

-

-

-

-

-

-

Purchase of noncontrolling interest

0

11,000

11,000

11,000

11,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes redeemed for shares of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80,754

0

0

0

-

-

-

-

-

-

-

-