Ehealth, inc. (EHTH)
CashFlow / Quarterly
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
Operating activities:
Net income (loss)

3,452

88,824

-11,024

-5,754

-5,159

26,072

-8,972

-12,014

-4,845

28,028

-2,176

-1,506

1,080

-11,518

-5,736

-476

18,034

-3,339

3,635

5,750

-2,082

-19,199

1,524

3,023

-1,553

-1,958

174

1,146

2,361

2,447

205

2,305

2,125

2,260

-249

2,732

1,981

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization

823

830

765

733

655

609

620

631

619

625

699

751

762

790

815

929

1,005

1,026

1,014

1,050

1,058

1,081

1,050

1,062

999

976

900

748

642

671

626

538

576

559

533

597

669

Amortization of internally developed software

1,501

1,357

930

794

719

617

572

534

477

445

404

360

291

241

224

221

214

178

131

160

158

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of book-of-business consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

6

1,597

-

7

29

1,962

89

104

231

1,574

325

274

451

2,097

734

572

305

1,113

-

-

-

-

Amortization of intangible assets

547

546

547

547

547

546

547

547

451

260

260

260

260

260

260

260

260

260

260

288

345

467

354

354

354

353

354

353

354

354

354

460

447

765

427

427

427

Stock-based compensation expense

8,714

9,153

5,510

4,678

3,229

3,065

3,543

3,131

2,801

2,746

2,246

2,569

2,133

1,910

1,347

2,177

1,832

1,568

1,576

1,827

2,031

-708

2,290

1,850

2,445

2,441

1,945

1,782

1,634

1,296

1,339

1,362

1,625

1,474

1,824

1,937

1,861

Deferred income taxes

-2,141

34,363

-8,631

-5,992

-3,543

15,491

-6,197

-4,746

-1,736

-5,004

-13,206

-8,788

-3,343

-

-

-

-

-

-

-

0

7,814

3,384

-427

-1,608

2,583

-502

-562

-2,887

1,056

157

42

-184

-2,782

32

1,887

1,777

Change in fair value of earnout liability

0

8,973

-5,394

7,194

13,306

6,000

3,800

2,500

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-cash items

-223

1,091

-112

-1,418

1,194

-614

1

327

-389

11

38

-7

59

53

37

22

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

181

1,464

1,089

Deferred rent and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

27

-

35

26

8

10

90

824

3

125

68

-7

-10

28

27

-11

-9

Loss on disposal of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-35

0

-3

Increase (Decrease) in Operating Capital [Abstract]
Accounts receivable

-1,664

1,650

-377

-2,322

-221

1,462

1,294

178

-807

-2,015

2,928

-599

-787

471

-6,318

-5,694

9,978

432

-1,337

-4,445

6,400

2,322

-985

-1,523

3,800

-2,013

1,265

-2,030

2,896

1,212

-405

-2,579

-1,815

4,315

-1,121

-1,100

-5,477

Contract assets – commissions receivable

26,873

-231,486

-16,321

-13,205

17,648

-80,123

1,661

5,086

22,409

-44,224

2,439

1,185

18,960

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

159

-8,880

6,650

3,807

-1,111

-8,441

7,089

-673

1,793

-1,071

2,916

195

-107

-750

668

415

153

-2,147

907

-651

894

-364

115

-2,214

3,496

1,405

-324

1,744

-568

441

-486

295

847

107

-351

-1,218

-307

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

258

206

30

Accounts payable

-16,279

6,539

13,008

915

-768

-99

2,715

-635

-567

-314

1,246

619

-3,417

2,683

174

635

-1,265

943

3

-237

-3,658

3,193

-1,385

1,746

-1,973

153

-354

54

-1,595

1,552

824

514

842

-294

-485

211

-1,380

Accrued compensation and benefits

-11,104

11,438

2,874

3,892

-9,390

7,214

1,517

3,314

-6,912

4,619

758

2,224

-3,023

1,890

531

-52

-5,835

3,143

2,878

143

16

71

896

-1,666

-1,385

-478

3,034

1,084

-1,614

-577

2,485

860

-2,432

-92

1,134

1,504

-2,183

Accrued marketing expenses

-7,329

7,955

415

-195

-7,147

7,955

316

-60

-1,891

1,886

-2,480

1,311

-4,082

5,136

-20

-1,290

-7,732

9,276

-415

160

-7,156

6,243

323

-9,267

3,181

4,481

379

-683

108

78

707

-508

-2,531

1,860

921

-335

105

Deferred revenue

113

-6,513

8,325

-3,015

2,897

-4,863

4,978

665

-289

-

-

-

-

-437

909

175

-60

-3,420

3,082

-280

-152

-1,563

1,023

-221

-382

-2,909

2,907

449

438

589

302

-1,187

1,275

-839

497

-1,245

-884

Accrued restructuring charges

-

-

-

-

-

-

-

-

1,053

-

-

-

0

-

-

-

-

-56

-80

-1,202

1,771

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

2,009

3,811

-776

-783

-383

1,530

-1,676

1,317

-236

452

109

126

-2,028

-496

-2,595

-5,283

6,809

-1,599

-1,748

-66

1,802

147

377

-349

226

-413

418

703

249

-1,434

-1,602

664

1,279

353

-420

-798

-257

Net cash provided by operating activities

8,907

-56,778

-15,939

-11,524

12,749

-8,718

-4,948

-301

10,737

-10,128

-12,873

-968

8,428

-4,700

1,527

2,559

4,697

1,224

10,925

12,719

-11,172

-4,080

10,961

308

-5,410

6,172

8,678

6,635

-538

5,238

6,928

7,632

5,093

2,537

5,413

7,816

6,775

Investing activities:
Capitalized internal-use software and website development costs

3,564

3,875

2,923

1,946

1,487

1,950

1,581

1,774

989

5,715

-840

-863

-802

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment and other assets

2,508

1,025

1,830

2,277

1,509

1,063

2,349

905

217

385

378

243

862

-1,276

847

1,907

411

-456

903

1,048

384

269

995

1,225

1,115

591

2,914

2,282

1,539

725

982

1,943

203

475

693

734

505

Purchases of marketable securities

58,064

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business, net of cash acquired

-

-

-

-

-

0

0

0

14,929

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consideration paid in connection with book-of-business transfers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,870

4,373

-

-

-

-

Purchase of intangible asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,500

-

-

-

-

-

-

-

-

-

-

-

-

Books of business transfers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

765

Cash used in investing activities

-64,136

-4,900

-3,929

-5,119

-2,996

-3,013

-3,930

-2,679

-16,135

-1,090

-1,218

-1,106

-1,664

-561

-847

-1,907

-411

-661

-903

-1,048

-384

-269

-995

-1,225

-5,615

-591

-2,914

-2,282

-1,539

-725

-982

-3,813

-4,576

-759

-830

-3,738

-1,270

Financing activities:
Proceeds from issuance of common stock, net of issuance costs

228,024

0

0

0

126,051

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from exercise of common stock options

1,091

367

1,913

888

2,367

658

1,362

559

109

858

130

49

0

-

-

-

-

-

-

-

-

210

658

961

2,283

4,567

2,101

1,326

1,223

4,431

1,644

1,376

994

715

112

46

26

Repurchase of shares to satisfy employee tax withholding obligations

-4,375

-2,770

-8,059

-2,172

-1,280

-1,106

-1,656

-1,456

-286

-701

-705

-96

-300

-204

-100

-668

-276

-1,746

88

256

480

-7,022

151

51

3,304

-3

-98

-22

-820

-3

-5

-6

-980

-4

-4

-2

-542

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,501

-1,015

443

3,220

-834

291

469

3,457

2,108

1,171

636

551

1,956

181

1,464

1,089

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

30,000

29,007

993

0

0

8,441

7,322

14,237

0

3,796

Repayment of debt

0

0

0

0

5,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition-related contingent payments

8,751

0

0

0

9,542

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments in connection with leases

58

24

31

25

25

25

26

26

26

25

18

30

32

19

21

23

20

-

-

21

19

17

17

27

13

12

15

13

13

12

13

12

6

17

16

16

14

Net cash provided by financing activities

215,931

-2,944

-6,177

-1,309

112,571

4,478

-1,492

-923

-203

132

-593

-77

-332

-221

-121

-631

-296

132

172

772

-499

-2,318

-22,269

-26,930

2,186

3,718

2,279

-28,240

-25,160

5,531

2,797

1,994

-7,882

-4,672

-13,964

1,492

-3,237

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

-2

18

-21

-33

62

-6

-56

-65

50

2

-19

3

15

-5

-5

4

-11

-1

10

4

5

2

1

1

12

5

-5

-10

-2

-

-

-

-1

0

-11

-11

-8

Net increase in cash, cash equivalents and restricted cash

160,700

-64,604

-26,066

-17,985

122,386

-7,259

-10,426

-3,968

-5,551

-11,084

-14,703

-2,148

6,447

-5,487

554

25

3,979

694

10,204

12,447

-12,050

-6,665

-12,302

-27,846

-8,827

9,304

8,038

-23,897

-27,239

10,049

8,745

5,814

-7,366

-2,894

-9,392

5,559

2,260