Faro technologies, inc (FARO)
CashFlow / TTM
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'11Dec'10Sep'10Jun'10Mar'10
Operating activities:
Net (loss) income

-77,122

-62,147

-6,694

-2,983

4,627

4,930

-11,886

-7,770

-12,600

-14,516

87

-451

6,566

11,107

16,447

14,473

15,229

12,813

15,050

27,157

29,337

33,649

30,789

24,608

21,911

21,509

21,088

19,719

20,822

22,998

24,629

27,385

26,884

23,377

18,744

14,643

12,247

11,068

0

0

0

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

17,526

18,516

19,049

18,915

18,719

18,313

17,980

17,601

17,213

16,588

16,210

15,223

14,500

13,868

12,928

12,337

11,810

11,217

9,930

8,945

8,074

7,428

7,290

7,184

7,052

7,038

7,080

7,177

7,130

6,976

6,829

6,744

6,777

6,712

6,539

6,607

6,400

6,326

0

0

0

Stock-based compensation

10,685

11,071

10,606

9,536

8,631

7,620

7,344

6,655

6,586

6,450

6,129

5,838

5,309

5,374

4,583

4,569

4,590

4,306

4,800

4,702

4,630

4,678

4,799

4,706

4,595

4,367

4,299

4,257

4,263

4,018

3,641

3,227

2,858

2,727

2,635

2,555

2,470

2,392

0

0

0

Provisions for bad debts, net of recoveries

2,175

2,090

1,547

698

783

907

409

351

305

370

492

554

677

898

611

510

337

346

428

38

133

-306

303

752

607

1,001

558

376

240

-23

0

0

0

-

-

-

2,389

2,408

0

0

0

Loss on disposal of assets

-2,592

-2,639

-343

-375

-122

-192

-589

-494

-501

-451

-309

-677

-873

-860

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for excess and obsolete inventory

16,194

16,886

2,831

6,734

6,341

5,757

5,820

1,502

1,479

1,734

2,468

3,430

4,288

4,134

4,255

10,813

10,263

10,878

9,244

2,397

2,639

3,272

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax (benefit) expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,762

655

0

0

0

-

-

0

0

-

-

-

-

2,016

1,918

1,400

968

672

0

0

0

-

-

-

-

Deferred income tax benefit

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

0

0

0

Income tax benefit from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

357

375

97

86

313

324

396

403

169

292

1,842

1,835

969

0

0

0

-

-

-1,694

-2,412

-1,593

-1,518

-1,130

-376

-133

0

0

0

Change in operating assets and liabilities:
Decrease (Increase) in:
Accounts receivable

-14,080

-10,406

-7,770

1,805

5,393

15,995

12,349

11,285

6,680

6,766

2,422

2,320

2,660

-6,727

-5,229

-11,582

-2,288

-9,584

1,990

13,064

8,051

24,587

18,396

13,400

9,725

4,053

2,287

-1,269

6,553

4,840

2,121

11,364

5,137

8,979

10,930

5,710

8,112

13,018

0

0

0

Inventories

-8,567

4,136

17,899

23,555

26,232

20,532

11,580

7,483

13,654

10,926

9,490

11,918

7,624

6,729

5,017

7,842

5,385

18,021

27,135

28,067

32,014

21,995

18,459

11,412

4,189

1,286

-3,796

-4,452

-2,311

2,822

9,645

18,729

26,236

27,329

24,814

16,096

11,050

6,273

0

0

0

Prepaid expenses and other current assets

-4,133

-1,188

6,413

5,502

5,911

11,310

676

-2,710

8

253

-749

5,016

-3,124

-3,588

-1,911

-1,229

1,989

2,834

6,209

5,108

4,524

3,501

3,013

2,922

1,816

3,346

4,004

1,066

1,960

1,870

-59

954

2,887

1,417

1,424

2,367

-358

2,172

0

0

0

(Decrease) Increase in:
Accounts payable and accrued liabilities

11,410

-2,518

-2,778

6,303

6,869

11,195

4,446

-3,408

-1,301

1,103

-3,368

3,740

3,397

534

3,506

4,639

-2,156

-6,401

893

-3,055

5,420

8,867

6,228

9,959

681

6,108

3,303

-1,331

535

-3,079

-3,731

-1,713

2,801

4,644

7,306

6,476

5,789

10,435

0

0

0

Income taxes payable

975

1,041

-1,883

-2,027

-2,038

-3,286

15,527

16,223

18,058

20,011

20

-494

-641

618

0

0

0

-

-

0

0

-

-

-804

-1,989

-2,028

-285

-304

2,613

3,497

2,483

3,734

2,966

2,998

1,744

1,301

321

829

0

0

0

Customer deposits

-

-

-

-

-

-

-

-

-

-

-

-

-798

-

432

833

936

1,114

462

-918

-536

-724

-1,048

-500

-297

353

75

-1,233

-1,111

-1,374

77

2,708

-352

668

-86

-577

2,776

1,474

0

0

0

Net cash provided by operating activities

42,973

32,468

24,924

24,060

16,182

6,323

15,988

14,730

6,585

10,355

8,364

5,487

24,184

37,583

48,592

57,360

40,381

28,032

9,072

-5,448

7,252

5,658

14,560

25,524

23,182

34,278

38,784

39,436

33,812

27,873

23,367

13,322

10,801

8,689

3,802

11,222

16,167

14,981

0

0

0

Purchases of property and equipment

5,889

6,675

10,048

9,550

10,321

11,021

9,784

10,465

9,468

8,970

8,529

8,809

7,408

7,720

10,979

10,676

13,790

14,169

16,878

20,240

19,034

18,722

12,773

8,014

6,218

4,350

2,587

2,201

3,396

3,843

4,243

4,473

3,994

4,474

4,884

5,328

4,617

4,047

0

0

0

Proceeds from sale of investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for intangible assets

2,024

2,118

2,219

1,947

1,779

1,900

2,748

2,918

2,695

2,377

1,562

1,590

1,667

1,657

1,829

1,667

2,329

2,140

1,892

1,479

935

1,221

1,497

2,299

2,129

2,204

2,376

1,750

1,662

1,361

1,016

908

789

890

1,051

1,022

1,068

979

0

0

0

Acquisition of businesses

-

-

-

-

-

27,067

27,738

4,065

9,562

5,596

0

0

0

-

-

-

-

12,066

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

538

-9,342

-17,245

-48,599

-50,987

-55,774

-51,056

-8,234

10,275

15,057

-1,384

-22,603

-36,783

-37,085

-718

9,603

5,827

-6,374

-30,986

-34,880

-33,130

-21,093

-15,270

-10,313

-8,347

-6,554

-4,963

-3,951

-5,058

-5,204

-5,259

-5,381

-4,783

-5,364

-5,935

-6,350

-5,685

-5,026

0

0

0

Financing activities:
Proceeds from notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,490

0

0

0

Payments on finance leases

350

358

346

298

201

157

186

150

152

108

8

8

8

8

8

7

8

8

8

9

-40

8

23

21

80

93

89

110

64

132

142

144

272

163

164

162

87

84

0

0

0

Payments of contingent consideration for acquisitions

2,851

3,101

3,350

1,188

1,138

888

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of stock related to stock option exercises

10,411

7,901

2,282

14,457

14,362

20,855

24,108

10,443

10,111

3,594

542

445

490

674

520

625

720

2,287

3,133

3,889

3,769

3,369

4,699

4,015

4,014

5,444

3,322

3,645

3,923

6,162

7,530

7,876

11,909

9,150

8,752

7,917

3,659

1,405

0

0

0

Payments for taxes related to net share settlement of equity awards

-1,756

-2,199

1,389

1,440

1,138

0

0

0

0

-

-

-

-

357

375

97

86

313

324

396

403

169

292

214

219

969

814

835

887

1,135

1,316

1,694

2,412

1,593

1,518

1,130

364

133

0

0

0

Net cash provided by (used in) financing activities

4,568

2,243

-2,804

11,581

11,885

19,810

23,284

9,772

9,438

2,965

-324

-50

0

249

-22,310

-22,048

-21,965

-20,171

3,449

4,276

4,212

3,530

4,968

4,208

4,153

6,320

4,047

4,370

4,746

7,165

8,704

9,426

14,049

10,580

10,106

8,885

1,446

1,454

0

0

0

Effect of exchange rate changes on cash and cash equivalents

0

-

-

-

0

-

-

-

-

6,414

1,836

1,219

-1,821

-1,934

-190

-1,950

-31

-3,420

-2,470

-3,207

-4,984

-3,436

-4,253

-892

-870

-2,647

-1,468

-3,295

-2,490

-1,141

-652

42

239

-87

1,747

1,653

3,023

4,235

0

0

0

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

0

0

32,968

-

8,492

-15,947

-14,420

-1,187

25,374

42,965

24,212

-1,933

-20,935

-39,259

-26,650

-15,341

5

18,527

18,118

31,397

36,400

36,560

31,010

28,693

26,160

17,409

20,306

13,818

9,720

15,410

14,951

15,644

0

0

0

Increase in cash and cash equivalents

46,544

24,851

-30,531

-29,633

-32,299

-32,177

0

0

35,047

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits
Increase (decrease) in contract with customer, liability

-681

-30

-65

-315

416

513

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned service revenues

-681

-30

-65

-315

416

513

0

0

0

-

-

-

-374

-

5,143

5,383

5,917

5,051

2,953

3,368

4,250

5,313

6,087

5,905

4,670

3,772

4,347

4,968

5,280

5,565

3,521

4,375

4,656

5,384

5,008

3,825

3,379

2,338

0

0

0

Current portion of unearned service revenues
Increase (decrease) in contract with customer, liability

8,747

11,436

9,724

8,956

8,423

7,330

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned service revenues

8,747

11,436

9,724

8,956

8,423

7,330

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-