Edgewater technology inc/de/ (EDGW)
CashFlow / TTM
Sep'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'11Sep'10Jun'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-

-

-30,668

-

-

-

-4,758

-2,834

-4,048

-3,064

-3,883

-4,060

1,237

1,186

2,413

4,064

35,819

36,615

36,308

34,708

2,642

1,663

383

1,447

-804

-52

209

344

-20,436

-22,071

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities, excluding the impact of acquisitions:
Depreciation and amortization

2,673

2,832

2,989

3,164

3,431

3,700

4,009

4,202

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation expense

479

641

714

1,022

1,136

1,177

1,319

1,286

1,374

1,522

1,607

1,593

1,589

1,551

1,588

1,512

1,476

1,442

1,364

1,469

1,588

1,551

1,563

1,419

1,332

1,298

1,301

1,201

1,113

1,130

0

0

0

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

1,343

1,208

1,119

1,142

1,231

1,330

1,474

1,552

1,703

1,829

1,875

1,957

2,178

2,389

2,642

2,885

3,151

3,437

0

0

0

Provision for doubtful accounts

-

-

-

-

-

-

-

104

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

295

311

0

0

0

-

Deferred income taxes

-

-

-

20,423

1,946

2,681

2,419

5,001

3,173

3,755

3,193

3,137

1,204

1,208

2,064

3,102

-28,224

-28,798

-30,006

-30,358

0

0

0

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent earnout consideration

-

-

-

-252

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of marketable securities discounts (premiums), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Excess tax benefits from stock options

-

-

-

-

-

-

-

732

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of contingent earnout consideration

-

-

-

-295

-747

-1,211

-1,685

-2,182

-2,326

-2,377

-2,360

-1,710

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Fair value adjustment of contingent earnout consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-219

-1,643

0

0

0

Changes in operating accounts, net of acquisition:
Accounts receivable

735

2,469

-674

-3,337

-2,173

-3,137

-3,381

-1,960

-2,495

-703

383

-1,548

1,775

1,261

1,053

4,839

4,978

-20

4,475

1,508

-3,661

-3,897

-4,363

-5,046

2,514

5,083

2,924

3,558

-961

1,928

0

0

0

Prepaid expenses and other current assets

1,824

635

682

867

-242

183

-538

504

859

963

1,419

286

-224

-330

166

119

257

35

-271

-476

-301

339

235

660

232

49

-208

-274

-51

-801

0

0

0

Accounts payable

1,132

745

389

133

-198

-248

-374

48

-41

250

270

100

374

54

173

-364

-450

-1,981

-315

87

1,198

1,183

129

-1,265

0

0

0

-

-

-

-

-

-

Accrued liabilities and other liabilities

1,004

525

-2,803

-1,455

-2,386

-3,283

-100

-3,659

-3,968

-1,082

-1,814

-1,697

-3,116

-1,939

-636

1,867

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

Deferred revenue

-

-

379

-

-

-

-131

-617

-487

-676

-710

-246

-557

-131

-157

-198

210

-1,232

-919

-1,254

0

0

0

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-

-

-6,137

-

-

-

7,112

5,702

2,577

4,801

1,527

3,261

1,230

2,475

5,029

5,768

7,802

9,103

4,253

4,733

0

0

0

-

-

-

-

-

-

-

-

-

-

Net cash used to acquire Branchbird

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-690

1,491

0

0

0

Accrued payroll and related liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,214

848

0

0

0

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

321

225

0

0

0

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,881

3,645

5,942

5,833

7,205

6,736

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Redemptions of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Purchase of Fullscope Inc., net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Acquisition of intellectual property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

0

0

0

-

-

-

-

-

-

-

-

-

-

Capitalization of product development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

296

318

182

210

235

319

429

339

267

0

0

0

-

-

Purchases of property and equipment

250

268

248

176

166

206

353

377

358

316

267

333

339

335

267

220

214

257

216

311

315

337

396

357

408

328

442

518

614

632

0

0

0

Net cash used in investing activities

-

-

-248

-

-

-

-353

-470

-17,187

-19,898

-19,951

-24,467

-7,777

-5,020

-4,850

-260

-221

-401

-472

-807

0

0

0

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,440

-3,470

-3,494

-3,498

-768

1,125

0

0

0

CASH FLOW FROM FINANCING ACTIVITIES:
Payments on capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52

90

128

151

148

167

186

0

0

0

Proceeds from employee stock plans and stock option exercises

3,671

3,779

4,471

5,219

5,665

5,729

4,377

3,964

2,867

2,736

2,549

1,488

1,437

1,847

1,956

1,900

1,968

1,689

1,335

1,278

1,086

939

781

763

608

490

478

483

444

422

0

0

0

Excess tax benefits from stock options

-

-

-

-

-

-

-

732

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,513

1,992

3,446

3,044

2,643

0

0

0

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-2,952

-

-

-

2,996

2,482

5,922

5,584

7,411

6,451

1,567

1,120

1,032

976

769

1,520

452

-266

0

0

0

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,786

-3,577

-3,162

-2,894

-2,812

236

0

0

0

Effects of exchange rates on cash

-41

12

105

103

53

-1

-48

-2

35

30

59

-32

-36

-57

-67

-37

-21

13

17

10

11

7

-13

6

-2

-35

-10

-11

22

34

0

0

0

Net decrease in cash and cash equivalents

-

-

-9,232

-

-

-

9,707

7,712

-8,653

-9,483

-10,954

-14,787

-5,016

-1,482

1,144

6,447

8,329

10,235

4,250

3,670

4,513

2,574

4,736

6,318

-347

-3,437

-724

-570

3,647

8,131

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for income taxes

307

289

608

606

414

436

220

220

219

197

172

208

271

425

534

606

621

551

394

266

199

337

403

549

656

585

581

450

371

233

0

0

0

Issuance of restricted stock awards

-

-

108

108

0

0

0

-

-

-

108

728

728

728

728

678

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent earnout considerations

-

-

-

-295

0

0

0

-

-

-

-

-1,710

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of restricted stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Accrued consideration related to acquisition of intellectual property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-