8x8, Inc. EGHT Cash Flow

8x8, inc. (EGHT)

CashFlow / Yearly

Mar'20	Mar'19	Mar'18	Mar'17	Mar'16	Mar'15	Mar'14	Mar'13	Mar'12	Mar'11	Mar'10
Cash flows from operating activities:
Net loss
-172,368	-88,739	-104,497	-4,751	-5,120	1,926	2,514	13,939	69,228	6,494	3,879
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation
9,360	8,748	8,171	6,084	4,994	3,540	2,567	2,523	1,535	1,235	998
Amortization of intangibles
8,800	6,200	5,000	3,762	3,557	2,232	1,643	1,428	788	94	0
Amortization of capitalized software
19,025	9,748	2,513	591	456	341	147	0	0	-	-
Impairment of goodwill and long-lived assets
0	0	9,469	15	640	0	0	-	-	-	-
Amortization of debt discount and issuance costs
14,045	1,355	0	0	-	-	-	-	-	-	-
Amortization of deferred sales commission costs
19,541	14,204	0	0	-	-	-	-	-	-	-
Provision for doubtful accounts
3,479	1,115	839	-	-	-	-	-	-	-	-
Operating lease expense, net of accretion
14,971	-	-	-	-	-	-	-	-	-	-
Non-cash lease expense
0	4,802	0	0	-	-	-	-	-	-	-
Net accretion of discount and amortization of premium on marketable securities
-	-	-	-	-	896	114	0	0	-	-
Gain on disposal of discontinued operations
-	-	-	-	-	-	596	0	0	-	-
Stock-based compensation expense
70,878	44,508	29,176	21,462	16,334	9,347	7,595	2,634	1,506	458	204
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation
-	-	-	486	224	151	142	49	0	0	-
Change in fair value of warrant liability
-	-	-	-	-	-	-	-	-	-167	-146
Deferred income tax expense
0	0	66,273	-411	-1,493	2,390	2,266	9,308	-62,422	0	0
Gain on escrow settlement
0	0	1,393	0	0	-	565	0	0	-	-
Other
3,522	178	-162	1,196	1,273	256	650	616	561	84	-306
Changes in assets and liabilities:
Accounts receivable
12,737	5,393	2,402	4,799	4,539	1,529	1,575	2,171	1,059	358	253
Deferred sales commission costs
46,421	25,286	0	0	-	207	-163	60	1	-16	86
Inventory
-	-	-	-	-	-52	276	-27	-1,535	-29	-545
Other current and non-current assets
33,137	4,337	3,149	2,515	1,520	196	488	30	-489	-75	-41
Accounts payable and accruals
2,159	17,252	11,860	8,135	9,482	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	610	-1,237	410	1,214	-916	1,323
Accrued compensation
-	-	-	-	-	1,632	488	524	128	278	180
Accrued warranty
-	-	-	-	-	-321	208	65	25	31	3
Accrued taxes
-	-	-	-	-	490	276	440	356	-24	-27
Accrued outside commissions
-	-	-	-	-	-5	202	-	-	-	-
Deferred revenue
4,936	802	310	195	-273	-1,065	681	345	197	475	944
Other current and non-current liabilities
-	-	-	-	-	1,002	282	1,839	1,337	113	792
Net cash (used in) provided by operating activities
-93,905	-14,868	22,041	28,478	23,567	21,240	14,917	31,788	9,211	8,589	2,491
Cash flows from investing activities:
Purchases of property and equipment
35,834	9,096	9,178	8,851	4,894	5,826	2,853	5,678	2,300	2,057	1,052
Cost of capitalized software
31,573	25,622	12,486	5,516	2,095	724	755	190	0	0	-
Proceeds from escrow settlement
0	0	1,393	0	0	-	-	-	-	-	-
Restricted cash decrease
-	-	-	-	-	-	-	-	-28	0	-100
Purchases of investments
42,223	54,127	115,224	140,026	126,723	106,021	141,604	0	0	2,000	0
Sales of investments
36,515	54,642	27,841	41,288	56,302	36,764	24,219	0	0	-	-
Proceeds from maturities of investments
25,950	50,700	100,382	93,795	64,361	63,546	0	0	-	-	-
Purchase of strategic investment
-	-	-	-	-	-	-	-	-	315	0
Acquisition of businesses, net of cash acquired
59,129	5,625	0	2,884	23,246	0	18,474	0	713	998	0
Proceeds from disposition of discontinued operations, net of transaction costs
-	-	-	-	-	-	3,000	0	-384	-539	0
Net cash used in investing activities
-106,294	10,872	-7,272	-22,194	-36,295	-12,261	-136,467	-5,868	-2,985	-5,364	-948
Proceeds from the disposition of discontinued operations, net of transaction costs
-	-	-	-	-	-	-	-	0	-	-
Proceeds from the sale of property and equipment
-	-	-	-	-	-	-	-	-	6	4
Cash flows from financing activities:
Finance lease payments
315	949	1,079	674	446	149	85	86	275	38	50
Payment of contingent consideration
0	0	150	300	200	0	0	-	-	-	-
Repurchase of common stock, including for withholding taxes
6,550	7,823	22,440	3,003	11,653	19,371	489	419	2,550	7,662	212
Tax benefit from stock-based compensation expense
-	-	-	486	224	151	142	49	0	-	-
Proceeds from exercise of warrants
-	-	-	-	-	-	-	-	-	880	0
Tax benefit from stock-based compensation
-	-	-	486	224	-	-	-	-	0	-
Proceeds from issuance of common stock, net of issuance costs
-	-	-	-	-	-	125,750	-43	-60	278	0
Proceeds from issuance of common stock under employee stock plans
14,330	12,202	7,229	5,087	4,827	4,455	5,167	2,458	2,995	2,274	399
Purchases of capped calls
9,288	33,724	0	0	-	-	-	-	-	-	-
Net proceeds from issuance of convertible senior notes
73,918	279,532	0	0	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
72,095	249,238	-16,440	1,596	-7,248	-14,914	130,485	1,959	-274	-4,807	137
Effect of exchange rate changes on cash
-168	-362	444	-426	442	-114	-81	0	0	-	-
Net increase (decrease) in cash, cash equivalents and restricted cash
-128,272	244,880	-1,227	7,454	-19,534	-6,049	8,854	27,879	5,952	-1,582	1,680
Supplemental and non-cash disclosures:
Right-of-use assets obtained in exchange for new and modified operating lease liabilities
79,100	-	-	-	-	-	-	-	-	-	-
Interest paid
1,553	0	36	16	44	5	5	8	5	10	29
Income taxes paid
934	356	38	460	445	159	427	415	94	6	105
Transfer of net assets in purchase of strategic investment
-	-	-	-	-	-	-	-	-	41	0
Assets acquired under capital lease
-	-	-	-	-	-	-	-	45	0	46
Non-cash investing and financing activities
Issuance of common stock in connection with acquisitions of businesses
-	-	-	-	-	-	-	-	31,358	600	0
Fair value of options assumed in connection with acquisitions of businesses
-	-	-	-	-	-	-	-	274	0	0
Acquisition of property and equipment, net in connection with acquisitions of businesses
-	-	-	-	1,453	0	956	0	364	80	0
Acquisition of capital lease in connection with acquisitions of businesses
-	-	-	-	1,332	0	216	0	317	0	0
Equipment acquired under capital leases
0	68	765	1,152	573	0	0	-	-	-	-