Digital river inc /de (DRIV)
CashFlow / TTM
Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
OPERATING ACTIVITIES
Net income (loss)

-8,587

-25,228

-18,866

-24,647

-224,795

-213,042

-211,970

-195,868

0

0

0

-

-

-

-

-

-

-

-

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Loss (gain) on disposal of discontinued operations

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Amortization of acquisition-related intangibles

8,578

8,689

8,786

8,543

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

Amortization of acquisition-related intangibles

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Provision for doubtful accounts

860

569

1,513

1,661

2,082

2,059

1,882

2,031

1,750

1,533

1,890

1,317

879

1,581

1,818

2,666

0

0

0

Depreciation and amortization

25,801

24,913

23,491

22,163

20,880

20,136

19,998

20,307

20,808

21,532

22,141

22,207

0

0

0

-

-

-

-

Impairment of goodwill

-

-

-

21,249

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Debt issuance cost amortization

1,153

1,384

1,617

1,701

1,750

1,821

1,889

1,953

1,975

1,975

1,975

1,986

0

0

0

-

-

-

-

Amortization of investment premiums

-1,702

-2,056

-2,613

-2,837

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal of equipment

391

339

457

-88

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investment

-

-

-

17,526

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

17,512

17,268

18,981

20,568

27,557

29,279

29,131

29,517

24,134

23,620

23,120

22,114

21,730

21,461

21,252

20,773

0

0

0

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

505

597

614

613

1,985

3,371

3,446

3,450

2,474

0

0

0

Deferred and other income taxes

-1,745

1,175

255

-150

29,389

21,536

25,294

23,349

-8,095

-3,752

-6,379

-2,649

-1,221

-1,459

-1,797

-2,841

0

0

0

Change in operating assets and liabilities, net of acquisitions:
Accounts receivable

8,822

-6,330

-2,647

15,278

-11,398

-1,572

17,892

-2,715

21,489

19,972

7,060

15,292

-1,042

11,921

4,825

-180

0

0

0

Prepaid and other assets

-4,184

-10,235

-9,817

-9,744

-4,910

951

2,023

8,392

5,378

727

-2,376

-2,635

4,983

10,331

8,058

6,540

0

0

0

Accounts payable

15,207

13,650

-55,561

-37,698

-43,468

-38,019

2,708

-40,333

3,788

8,240

19,657

57,162

15,636

14,448

-1,029

-11,554

0

0

0

Deferred revenue

-5,702

-8,036

-7,816

-7,288

-5,150

1,888

8,256

8,265

8,510

3,810

-4,048

-1,782

-2,700

-3,410

-2,646

-2,749

0

0

0

Income tax payable

-9,158

-1,662

-1,545

-1,679

3,026

9,062

8,777

10,948

7,235

-61

-755

-4,061

-2,547

-6,110

-7,843

-1,491

0

0

0

Other current liabilities

-4,991

-6,916

-1,768

-1,472

2,237

6,913

-3,931

5,884

5,119

-77

-4,139

-24,289

0

0

0

-

-

-

0

Net cash provided by (used in) operating activities

38,464

51,312

-15,465

-15,290

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

INVESTING ACTIVITIES
Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Purchases of investments

272,837

252,020

131,717

140,900

56,125

71,299

56,730

98,658

0

0

0

-

-

-

-

-

-

-

-

Sales of investments

245,921

235,188

191,255

184,978

154,250

164,096

162,919

185,750

0

0

0

-

-

-

-

-

-

-

-

Cash received (paid) for cost method investments

-1,551

658

-5,801

-39,636

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for acquisitions, net of cash received

-

-

-

55,843

0

0

0

-

-

-

-

-

-

-

-

14,585

0

0

0

Proceeds from sale of equipment

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Purchases of equipment and capitalized software

21,284

18,319

20,486

23,334

23,303

29,052

26,605

22,035

20,510

20,874

21,766

23,860

22,657

17,424

19,533

18,579

0

0

0

Net cash provided by (used in) investing activities

-46,017

-35,157

45,449

4,657

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

FINANCING ACTIVITIES
Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

342

0

0

0

-

-

-

-

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Repurchase of senior convertible notes

173,297

173,297

177,271

5,353

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options

-

-

-

1,273

1,318

1,331

1,383

1,567

1,521

1,558

1,607

364

3,460

4,453

4,732

5,004

0

0

0

Repurchase of common stock

35,518

48,179

54,051

51,208

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of restricted stock to satisfy tax withholding obligation

4,283

4,265

4,486

4,487

5,779

5,839

5,637

5,108

3,744

3,766

3,861

5,992

0

0

0

-

-

-

-

Repurchase of restricted stock to satisfy tax withholding obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

505

597

614

613

1,985

3,371

3,446

3,450

2,474

0

0

0

Net cash provided by (used in) financing activities

-211,034

-223,672

-233,576

-57,543

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

EFFECT OF EXCHANGE RATE CHANGES ON CASH

-6,070

9,896

12,567

9,193

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

EFFECT OF EXCHANGE RATE CHANGES ON CASH

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-224,657

-197,621

-191,025

-58,983

-7,393

1,305

25,387

45,658

8,334

-10,912

-8,871

-67,893

127,607

120,667

105,301

172,382

0

0

0

SUPPLEMENTAL DISCLOSURES
Cash paid for interest on senior convertible notes

5,467

5,522

7,183

6,081

6,686

6,686

7,123

7,123

0

0

0

-

-

-

-

-

-

-

-

Cash paid for interest on senior convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Cash paid for income taxes

4,582

5,519

4,975

4,292

4,331

2,762

3,750

3,272

4,038

4,677

4,749

5,085

4,114

5,404

4,952

5,883

0

0

0