Bottomline technologies inc /de/ (EPAY)
CashFlow / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10Jun'09
Operating activities:
Net Income (Loss) Attributable to Parent

9,432

9,328

-33,137

-19,648

-34,680

-19,104

-14,395

1,705

35,893

3,954

-12,288

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Amortization of acquisition-related intangible assets

21,336

22,076

24,246

28,978

30,383

26,242

19,549

15,753

12,662

13,214

15,563

Share-based Payment Arrangement, Expense

41,700

34,200

31,900

30,279

27,025

22,821

18,031

13,768

11,467

8,956

9,498

Depreciation, Depletion and Amortization

22,911

19,994

19,528

13,489

10,507

8,250

6,861

5,724

5,140

4,565

3,914

Goodwill impairment charge

0

0

7,529

-

-

-

-

-

-

-

-

Gain on sale of investments

7,599

2,419

0

-

-

-

-

-

-

-

-

Deferred income tax benefit

-5,147

-9,465

-7,996

-3,111

12,173

-5,781

-8,729

-724

-28,146

652

327

Provision for allowances on accounts receivable

220

238

121

415

248

214

300

239

88

-105

-152

Provision for allowances for obsolescence of inventory

-

-

-

-

-

-

-

-

2

35

38

Excess tax benefits associated with stock compensation

-

-

-

-

133

560

99

2,434

718

267

15

Amortization of debt issuance costs

414

928

1,426

1,184

1,184

1,184

654

-

0

-

-

Amortization of debt discount

0

5,574

12,641

11,774

10,965

10,213

5,326

-

0

-

-

Amortization of discount on investments

137

62

-238

-338

388

366

-

-

-

-

-

Loss on disposal of equipment

-623

-65

-111

-24

-4

-54

-87

-

-26

-4

-15

Loss on derivative instruments, net

-

-

-

-

-

-

-4,435

-

0

-

-

Write down of fixed assets

-

-

-

17

-

-

-

-

-

-

-

Loss on foreign exchange

-497

106

310

-171

2

-35

-21

-38

35

-74

50

Changes in operating assets and liabilities:
Accounts receivable

4,303

9,675

2,447

543

310

5,690

-2,195

4,024

9,735

3,826

-3,903

Inventory

-

-

-

-

-

-

-

-

27

-17

-16

Prepaid expenses and other current assets

3,760

1,023

666

2,449

-180

1,853

-471

-1,259

-714

1,659

31

Other assets

3,120

222

-910

4,412

-222

898

-930

2,305

-1,474

-2,254

3,232

Accounts payable

580

157

-900

-682

-3,193

1,535

-93

-52

1,945

162

-2,284

Accrued expenses

279

4,056

4,587

1,835

-1,333

-2,253

-2,290

3,587

-2,119

466

-1,568

Customer account liabilities

3,023

-5,278

0

-

-

-

-

-

-

-

-

Deferred revenue

1,689

2,852

2,337

10,361

7,561

14,915

7,541

2,459

2,183

-2,069

10,722

Other liabilities

-356

-468

953

-598

1,511

2,531

781

422

-313

87

168

Net cash provided by operating activities

78,277

70,750

61,084

67,422

62,700

52,221

41,576

35,415

30,501

26,514

24,544

Investing activities:
Acquisition of businesses and assets, net of cash and restricted cash acquired

24,036

5,741

0

1,763

68,017

153,491

30,323

27,375

59,718

18,067

-

Payments to Acquire Buildings

20,700

0

0

-

-

-

-

-

-

-

-

Purchases of other investments

230

0

0

4,010

-

-

3,000

-

0

-

-

Purchases of held-to-maturity securities

-

-

-

168

96

78

62

63

54

50

53

Proceeds from sales of held-to-maturity securities

-

-

-

168

96

55

62

63

54

50

53

Proceeds from sale of cost-method investment

9,011

4,415

0

-

-

-

-

-

-

-

-

Purchases of available-for-sale securities

8,381

14,188

14,058

28,113

15,185

28,453

9,477

-

10,982

-

-

Proceeds from sales of available-for-sale securities

11,000

6,203

46,986

15,836

15,347

13,873

-

-

10,982

-

-

Payments to Acquire Productive Assets

33,083

21,376

28,173

27,717

23,297

12,652

-

-

-

-

-

Purchases of property and equipment, net

-

-

-

-

-

-

10,106

9,128

4,692

4,368

3,133

Proceeds from disposal of property and equipment

0

10

0

8

-

113

56

-

-

-

-

Insurance proceeds received for damage to equipment

201

0

0

-

-

-

-

-

-

-

-

Proceeds from disposal of fixed assets

-

-

-

-

-

-

-

-

0

-

-

Proceeds from issuance of warrants, net of issue costs

-

-

-

-

-

-

25,776

-

0

-

-

Purchase of convertible note hedges

-

-

-

-

-

-

42,390

-

0

-

-

Net cash used in investing activities

-66,218

-30,677

4,755

-45,759

-91,152

-180,633

-52,850

-36,503

-64,410

-22,435

-3,133

Financing activities:
Repurchase of common stock

0

0

39,913

43,962

15,041

-

934

2,504

0

23

3,469

Repayment of amounts borrowed under revolving credit facility

40,000

189,750

0

-

-

-

-

-

-

-

-

Amounts borrowed under revolving credit facility

0

150,000

0

-

-

-

-

-

-

-

-

Repayment of notes payable

736

2,581

0

-

-

-

-

-

-

-

-

Settlement of warrants

4

2

-

-

-

-

-

-

-

-

-

Proceeds from issuance of convertible senior notes

-

-

-

-

-

-

189,750

-

0

-

-

Debt issuance costs related to credit facility

597

0

2,163

-

-

-

5,882

-

0

-

-

Proceeds from sale of common stock, net

-

-

-

-

-

-

-

-

4,864

57,524

-

Proceeds from exercise of warrants, net

-

-

-

-

-

-

-

8,453

0

-

-

Proceeds from exercise of stock options and employee stock purchase plan

3,924

3,509

2,975

3,527

4,091

5,105

5,657

6,709

14,600

13,304

1,456

Excess tax benefits associated with stock compensation

-

-

-

-

133

560

99

2,434

718

267

15

Capital lease payments

-

-

-

-

-

-

95

153

149

110

131

Payment of bank financing fees

-

-

-

-

-

-

-

-

3

18

30

Payment of long-term financing obligation

-

-

-

-

-

-

-

-

-

89

89

Net cash provided by (used in) financing activities

-37,413

-38,824

-39,101

-40,435

-10,817

5,665

171,981

14,939

20,030

70,855

-2,248

Effect of exchange rate changes on cash

-1,458

-1,205

657

-5,217

-7,241

6,868

-1,956

-1,003

3,074

-2,431

-4,224

Increase (decrease) in cash, cash equivalents and restricted cash

-26,812

44

27,395

-23,989

-46,510

-115,879

158,751

12,848

-10,805

72,503

14,939

Interest, net of amounts capitalized

3,936

4,873

2,964

2,847

2,854

2,792

1,347

118

76

52

96

Income taxes

2,040

3,109

3,321

4,771

7,507

5,023

5,215

2,806

2,323

1,591

1,341

Supplemental disclosures of non-cash financing activities:
Issuance of common stock upon settlement of the warrants

58,451

12,739

0

-

-

-

-

-

-

-

-

Issuance of note payable to seller in connection with acquisition

0

1,836

0

-

-

-

-

-

-

-

-

Issuance of common stock upon conversion of convertible senior notes

0

19,736

0

-

-

-

-

-

-

-

-

Receipt of common stock upon settlement of Note Hedges

0

19,964

0

-

-

-

-

-

-

-

-

Issuance of common stock in connection with acquisition of business

-

-

-

-

-

3,746

-

-

2,939

-

-

Issuance of warrants in connection with acquisition of business

-

-

-

-

-

-

-

-

-

10,520

-