DIGI INTERNATIONAL INC. DGII Cash Flow

Digi international inc. (DGII)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
Operating activities:
Net income
2,004	208	2,286	1,648	1,342	4,682	3,340	2,904	-126	-4,487	4,380	1,335	1,331	2,357	3,844	4,277	2,137	6,450	2,985	2,496	1,446	-339	426	-101	738	688	2,047	1,528	1,000	1,230	2,462	2,307	2,122	724	2,849	3,615	2,239	2,316
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation of property, equipment and improvements
1,120	1,169	1,235	1,126	1,084	1,133	909	894	787	759	781	738	793	656	654	683	681	724	779	725	693	752	863	866	931	897	910	846	857	848	856	877	822	784	772	781	740	713
Amortization of identifiable intangible assets
4,116	2,448	2,149	2,060	2,069	2,540	2,569	2,579	2,593	1,694	755	901	596	345	398	473	533	468	624	749	767	770	802	896	939	952	1,090	1,122	1,133	1,071	939	1,100	1,192	1,245	1,297	1,481	1,696	1,697
Stock-based compensation
1,841	1,600	1,475	1,473	1,293	1,414	1,256	1,220	1,325	1,053	1,157	1,174	1,155	1,173	991	944	903	816	1,039	1,040	1,038	1,184	1,170	1,090	1,047	1,023	867	992	959	955	929	912	955	931	882	849	842	871
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	0	11	132	183	10	0	12	190	0	0	0	0	0	0	24	20	7	7	25	28	65	66	54	13	322	248	167	59
Deferred income tax provision
522	234	-1,988	-149	5	1,333	-3,157	-27	-187	2,995	-1,438	-890	-377	619	367	-649	97	1,300	-2,498	-483	1,800	412	-750	-968	-559	-506	-658	-318	-537	-542	-661	-618	-590	-583	-322	413	-712	-584
Gain on sale of property and equipment
0	0	-66	63	-1	4,396	614	13	-5	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-42	2,912	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
-387	259	2	378	567	243	1,044	758	-18	-407	-3,034	-646	-602	-82	-628	64	123	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for bad debt and product returns
58	50	41	26	362	206	716	9	381	14	23	42	32	264	52	-52	0	168	159	-320	488	30	294	-45	-173	22	195	331	64	221	-21	183	15	323	45	32	-77	90
Provision for inventory obsolescence
61	455	524	450	450	450	506	650	450	450	820	430	150	450	450	450	425	409	442	366	246	230	250	201	180	229	499	205	304	250	333	304	300	476	496	603	635	201
Restructuring charge (reversal)
38	0	-	-20	0	-67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring Reserve, Accrual Adjustment
-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-6	102	651	0	-9	518	0	0	0	0	81	350	0	-37	0	0	963	60	236	224	-140	20	50
Other
111	-161	287	-247	229	-113	-426	83	32	-57	-2,343	-87	-63	12	23	-30	-19	-40	-168	54	21	6	-27	70	56	-102	-24	-198	345	-38	-94	-36	-157	274	-138	-132	117	-110
Changes in operating assets and liabilities (net of acquisitions)
-122	28,651	-	-9,150	6,853	1,540	-	12,944	8,831	3,456	-	5,256	1,851	7,622	-	-2,881	-2,883	4,369	-	-3,312	9,769	-2,310	-	-3,866	5,876	3,805	-	139	2,311	1,755	-	3,147	-887	3,607	-	-990	2,287	557
Net cash (used in) provided by operating activities
9,384	-22,067	6,436	16,326	91	6,111	6,066	-3,863	-3,653	-1,328	2,933	419	1,158	-2,035	6,506	9,095	7,933	3,555	5,078	7,436	-3,783	5,343	-736	5,735	-2,853	-337	3,640	4,758	1,062	2,288	6,168	2,851	5,866	242	5,671	8,648	2,772	4,748
Investing activities:
Purchase of marketable securities
-	-	-	-	-	-	-	-	-	-	28,495	-1	8,000	25,470	18,503	34,200	13,977	8,079	23,373	8,955	9,964	12,135	11,846	10,417	5,157	0	18,038	11,784	27,464	9,873	8,435	22,594	18,851	22,789	16,989	15,518	26,825	2,174
Proceeds from maturities and sales of marketable securities
0	0	2,250	248	1,761	491	2,280	239	25,217	4,296	10,956	19,110	24,884	32,155	27,042	19,155	20,403	7,106	9,534	8,731	10,442	9,321	12,056	21,586	6,669	7,109	11,316	13,612	20,688	17,473	19,535	15,432	18,268	12,298	8,955	8,938	15,541	11,409
Proceeds from sale of business
-	-	-	-	-	-	0	0	0	2,000	0	0	0	3,000	0	0	-17	2,866	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of businesses, net of cash acquired
0	136,098	0	0	0	0	-330	0	16,504	40,084	0	117	28,304	1,690	0	0	0	2,860	0	0	0	0	-	-	-	-	0	0	0	12,919	0	0	0	0	-	-	-	-
Proceeds from sale of property and equipment
0	0	49	0	0	10,047	731	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	135	-	-	-	-
Purchase of property, equipment, improvements and certain other intangible assets
238	196	735	1,254	5,571	1,775	879	178	332	453	196	593	430	554	1,145	375	664	545	612	853	1,566	1,469	702	798	946	975	471	335	653	1,427	950	353	1,026	1,624	570	745	700	721
Net cash (used in) provided by investing activities
-238	-136,294	1,564	-1,006	-3,810	8,763	2,462	61	8,381	-34,241	-17,735	18,401	-11,850	7,441	7,394	-15,407	5,745	-1,512	-14,451	-691	-29	-4,283	-492	10,371	566	6,134	-7,057	1,493	-7,429	-6,746	10,150	-7,515	-1,609	-11,980	-11,604	-7,325	-11,984	8,514
Financing activities:
Proceeds from long-term debt
0	110,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for contingent consideration
0	0	0	1,400	2,187	161	0	0	0	0	0	0	0	518	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	0	11	132	183	10	0	12	190	0	0	0	0	0	0	24	20	7	7	25	28	65	66	54	13	322	248	167	59
Proceeds from stock option plan transactions
564	4,160	820	303	3,089	662	1,589	444	455	2,972	238	18	459	2,787	459	465	515	5,752	227	326	5,997	9	353	127	396	2,813	1,022	581	421	169	472	79	371	150	1,014	720	676	443
Proceeds from employee stock purchase plan transactions
230	286	223	286	260	289	223	274	238	380	-1	207	182	297	208	194	193	301	217	203	244	261	239	209	265	296	268	492	0	248	230	243	254	314	246	258	217	269
Purchases of common stock
107	1,577	20	7	80	964	18	49	45	636	16	335	197	390	4	43	100	403	0	0	82	2,257	6,051	4,235	5,416	0	3,481	3,812	2,539	4,226	0	0	0	0	-	-	-	-
Net cash provided by financing activities
62	112,869	1,023	-818	1,082	-174	1,794	669	648	2,716	221	-99	576	2,359	673	616	620	5,840	444	529	6,159	-1,987	-5,459	-3,899	-4,731	3,129	-2,184	-2,732	-2,093	-3,781	767	388	679	477	1,582	1,226	1,060	771
Effect of exchange rate changes on cash and cash equivalents
-194	1,772	-325	-1	8	-492	-2	-1,564	1,405	241	751	1,436	869	-2,350	82	-502	782	-711	192	824	-1,733	-1,520	-1,740	153	105	224	1,029	16	-1,193	3	947	-1,248	234	-855	-907	111	1,228	-770
Net (decrease) increase in cash and cash equivalents
-	-43,720	-	-	-	14,208	10,320	-4,697	6,781	-32,612	-13,830	20,157	-9,247	5,415	14,655	-6,198	15,080	7,172	-8,737	8,098	614	-2,447	-8,427	12,360	-6,913	9,150	-4,572	3,535	-9,653	-8,236	18,032	-5,524	5,170	-12,116	-5,258	2,660	-6,924	13,263
Supplemental schedule of non-cash investing and financing activities
Transfer of inventory to property, equipment and improvements
557	186	143	267	454	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivable related to sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	25	-109	5,015	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration recognized related to acquisition of business
-4,000	9,100	0	0	0	0	0	0	1,988	312	0	0	10	1,300	0	0	0	10,550	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrual for purchase of property, equipment, improvements and certain other intangible assets
0	0	-7	-13	-2,863	2,883	78	-27	0	27	-	-	-39	105	145	38	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock for business acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-63	0	0	6,804	0	0	0	0	-	-	-	-