Fireeye, inc. (FEYE)
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'13
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent

-76,306

-49,216

-65,495

-67,323

-75,375

-48,397

-50,037

-72,859

-71,830

-70,414

-69,214

-68,339

-77,217

-66,842

-123,373

-139,320

-155,900

-136,148

-135,530

-133,573

-133,964

-105,726

-120,030

-116,823

-101,211

-2,513

-50,926

-40,235

-26,961

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

24,241

27,067

28,136

24,269

23,833

19,817

22,087

22,212

22,389

24,805

25,839

26,408

26,365

28,415

29,625

30,724

30,503

29,802

27,985

27,588

26,581

26,505

24,905

22,020

20,706

8,414

5,249

3,861

3,234

Stock-based compensation

36,178

36,355

36,688

40,151

40,323

35,309

37,326

38,892

42,148

40,844

42,206

39,397

43,889

30,949

46,570

57,308

64,239

57,467

58,366

56,411

49,875

45,245

43,160

38,253

25,194

12,514

8,814

4,278

3,252

Non-cash interest expense related to convertible senior notes

12,365

12,215

12,068

11,922

11,778

11,635

11,494

10,450

9,694

9,575

9,457

9,340

9,226

9,112

9,001

8,889

8,780

8,672

8,565

2,832

0

-

-

-

-

-

-

-

-

Change in fair value of contingent earn-out liability

-

-

-

-

-

-

-

-

-

0

0

-67

13

600

600

1,156

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

143

404

-643

-493

475

-799

-71

0

-60

-1,234

-304

0

251

-90

88

-871

-11,053

-1,473

39

-1

82

-9,727

-11,182

-11,442

-7,518

-61,028

0

0

0

Other

-6,267

-482

174

464

-1,101

-953

-1,390

-1,030

-1,342

-2,075

-1,628

-1,347

-2,120

-2,852

-4,443

-1,603

-938

-1,528

-1,059

-1,576

-509

-559

-1,519

-94

-89

-1,285

-2,346

-2,992

-25

Change in fair value of preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,167

Changes in operating assets and liabilities, net of business acquisitions:
Accounts receivable

-30,256

18,038

26,931

13,619

-46,479

27,574

8,923

18,094

-42,986

18,591

12,041

5,823

-22,021

2,404

-264

-16,964

-43,144

31,759

35,955

-54,104

-32,736

37,124

48,381

26,881

-15,221

14,418

22,779

2,651

-4,703

Inventories

935

-22

-272

-152

395

1,070

1,880

893

1,373

1,443

1,317

-517

1,090

1,570

-1,157

497

-2,325

2,834

1,677

755

2,554

2,186

567

676

-1,405

-2,085

4,006

1,494

-326

Prepaid expenses and other assets

-2,827

-2,179

-865

3,016

-6,975

10,765

7,906

-11,222

6,330

-1,836

-5,034

2,135

-630

-2,848

-850

-5,560

2,152

1,734

-3,413

2,481

-127

-3,588

-946

575

2,509

11,543

663

4,737

276

Deferred costs of revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

221

Accounts payable

1,717

2,580

-2,288

-2,387

6,802

-1,590

-2,463

1,202

-5,354

7,000

-4,753

462

3,331

-7,495

-4,756

-3,451

-3,391

6,416

7,342

-1,834

-4,219

5,166

-1,256

5,293

-12,396

5,389

-2,092

8,862

-655

Accrued liabilities

-1,319

-4,280

4,772

-4,324

758

1,815

7,470

-3,305

4,254

-2,744

1,695

-1,680

-930

-6,095

1,708

-7,669

902

-59

3,663

1,823

2,068

4,719

-2,063

2,731

6,016

-

-

-

-

Accrued transaction costs of acquiree

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-7,727

0

0

0

0

-

-

-

-

-

-

-

-

Accrued and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,401

-18

1,328

Accrued compensation

-1,572

-6,743

11,152

-1,093

-7,611

-144

5,573

4,359

-5,568

470

8,976

125

-7,006

-30,763

20,554

-5,423

-8,989

6,437

9,297

1,683

-2,675

-1,757

14,581

5,131

5,703

12,900

1,532

856

4,093

Deferred revenue

-54,711

39,159

22,658

3,809

-28,639

47,674

7,599

-6,580

-23,965

34,763

5,517

-18,140

-39,789

48,458

28,968

21,369

17,997

72,131

44,976

31,127

26,221

69,621

50,914

18,986

25,207

40,640

28,190

11,791

14,389

Other long-term liabilities

-3,607

-2,671

-2,582

-2,513

-2,051

3,718

240

888

854

6,633

-236

7,118

1,234

-1,043

-1,568

526

-2,132

998

184

560

1,997

849

974

1,955

1,505

3,136

209

285

53

Net cash provided by (used in) operating activities

-24,456

39,515

18,498

-14,929

24,453

30,582

21,899

-44,287

9,187

33,575

12,487

-11,470

-16,952

6,932

14,131

-13,132

-22,516

9,444

-8,273

39,060

-3,216

-268

-46,480

-61,934

-22,588

-25,338

-31,725

-18,156

5,457

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment and demonstration units

11,680

6,990

10,375

14,737

13,503

13,811

10,375

12,158

14,487

17,855

8,612

8,829

8,483

8,305

6,931

6,821

14,257

17,356

12,655

11,869

12,669

12,249

23,997

17,282

14,187

21,604

13,901

15,883

6,172

Purchases of short-term investments

103,131

124,156

234,934

101,571

156,533

133,274

127,746

109,373

109,469

93,732

92,716

124,430

98,480

127,378

138,446

152,444

88,805

128,935

338,949

261,356

39,857

37,959

49,870

159,009

143,522

-

-

-

-

Proceeds from maturities of short-term investments

108,462

118,480

190,195

170,901

141,004

117,013

161,083

104,334

104,711

93,441

90,528

118,825

94,689

115,734

167,025

160,280

111,319

85,967

67,011

57,483

34,655

48,761

42,780

8,000

0

-

-

-

-

Purchase of investment in privately held company

1,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of short-term investments

-

-

-

-

-

-

-

-

-

0

0

0

3,620

0

0

4,507

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Business acquisitions, net of cash acquired

12,948

0

0

127,249

0

-705

0

-32

5,977

4,300

0

0

0

0

0

0

204,926

0

0

0

0

-

-

-

-

-

-

-

-

Lease deposits

67

-205

1,063

-462

36

36

265

-142

116

38

307

74

70

-232

114

-312

678

599

-159

416

370

-69

162

43

360

33

39

1,011

586

Net cash used in investing activities

-20,230

-12,871

-54,903

-72,194

-29,068

-29,331

23,175

-17,023

-25,338

-24,984

-11,107

-14,508

-8,724

-19,717

21,534

5,834

-197,347

-57,916

-284,434

-216,158

-18,241

30,199

-31,249

-223,392

-158,069

-107,005

-17,812

-16,894

-6,758

CASH FLOWS FROM FINANCING ACTIVITIES:
Net proceeds from initial public offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,474

312,545

10,318

0

Net proceeds from follow-on public offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-942

-654

445,934

-

-

-

-

Repayment of debt of acquired business

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

8,842

0

0

0

0

-

-

-

-

-

-

-

-

Payments for contingent earn-outs

-

-

-

-

-

-

-

-

-

0

0

0

38,928

25

20

67

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

0

0

2,147

Net proceeds from issuance of convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,988

Payment related to shares withheld for taxes

7,399

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,124

0

0

2,027

0

-

-

-

-

-

-

-

-

Proceeds from exercise of equity awards

1,348

1,028

1,664

652

843

1,458

853

1,469

3,110

2,567

5,399

6,872

4,311

3,384

4,059

3,561

2,840

2,628

3,598

10,994

11,870

-1,581

5,894

16,330

2,075

28

629

1,331

3,440

Repayment of notes receivable from stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,560

3,734

Net cash provided by (used in) financing activities

-6,051

10,799

1,664

12,967

843

11,281

853

244,830

3,110

11,493

4,985

17,046

-34,617

12,755

4,039

16,178

-7,126

13,673

3,128

766,802

11,870

17,589

4,952

15,676

448,009

-21,449

323,162

15,221

15,015

Net change in cash and cash equivalents

-50,737

37,443

-34,741

-74,156

-3,772

12,532

45,927

183,520

-13,041

20,084

6,365

-8,932

-60,293

-30

39,704

8,880

-226,989

-34,799

-289,579

589,704

-9,587

47,520

-72,777

-269,650

267,352

-153,792

273,625

-19,829

13,714

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

727

796

1,299

1,283

1,399

1,281

1,216

1,637

646

1,680

2,236

717

727

857

1,415

1,049

1,888

1,294

606

250

536

151

1,166

391

781

171

69

150

84

Cash paid for interest

-

-

-

-

-

7,064

180

5,791

0

-

-

-

-

6,038

0

6,038

22

6,004

0

0

0

-

-

-

-

85

209

128

156

SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Vesting of early exercised stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

359

441

496

-

542

597

604

-

-

-

-

-

-

-

-

Common stock issued in connection with acquisitions

-

-

-

-

-

0

0

1

15,386

4,361

0

0

0

0

0

1,700

39,300

0

0

0

0

-

-

-

-

-

-

-

-

Contingent earn-out in connection with acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,500

35,588

0

0

0

0

-

-

-

-

-

-

-

-

Purchases of property and equipment and demonstration units in accounts payable and accrued liabilities

3,215

826

-2,093

-2,630

9,161

-3,404

2,093

356

13,773

-3,860

9,330

1,961

5,922

-2,052

2,129

-1,821

5,779

3,623

1,396

-1,797

5,382

-1,306

-3,949

3,991

7,980

-6,085

4,549

2,144

5,827