F5 networks, inc. (FFIV)
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'10Dec'09
Operating activities
Net income

340,648

395,356

427,734

465,778

502,616

496,165

453,689

456,551

431,470

414,972

420,761

393,953

388,080

370,357

365,855

353,957

355,340

365,654

365,014

361,998

348,299

332,211

311,183

293,393

282,098

275,869

277,314

268,800

272,958

278,187

275,186

275,079

265,292

252,226

241,397

222,022

199,968

177,537

151,153

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Realized loss (gain) on disposition of assets and investments

-

-

-

-

-

-

267

-88

380

420

439

-208

-655

-696

-693

-373

-336

-302

-282

85

98

129

195

176

90

272

187

196

128

7

-546

-592

-476

-628

163

211

294

336

125

0

0

0

Stock-based compensation

183,178

171,886

162,914

156,030

153,770

155,596

157,855

162,593

167,088

169,663

175,326

172,057

167,260

165,138

156,760

160,077

158,157

153,161

145,553

129,078

124,394

123,253

127,156

124,028

120,056

112,030

104,212

108,524

104,200

99,935

95,348

91,139

90,509

88,930

89,747

87,395

81,894

76,649

70,773

0

0

0

Provisions for doubtful accounts and sales returns

-

-

-

-

-

-

1,461

1,475

602

668

366

1,035

1,459

1,520

1,526

1,096

699

1,440

1,488

2,029

2,571

2,047

2,870

2,550

2,057

1,844

1,025

1,095

1,517

1,506

1,572

1,590

1,629

1,169

982

865

-65

2,383

1,206

0

0

0

Depreciation and amortization

83,373

73,485

68,507

62,055

57,688

58,312

59,491

59,626

60,919

61,441

61,148

60,095

59,207

57,900

56,776

55,642

54,176

53,304

52,583

51,291

49,697

47,726

46,121

44,355

42,770

41,508

40,005

39,857

40,117

39,251

35,139

30,159

25,286

21,459

20,887

21,625

22,281

23,089

23,833

0

0

0

Non-cash operating lease costs

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on auction rate securities put option

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Loss on trading auction rate securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Deferred income taxes

9,187

3,012

7,440

11,740

6,774

9,298

20,810

15,922

13,230

12,545

-4,626

-7,635

-4,671

-4,215

2,967

1,927

-3,934

-8,565

-12,571

-3,904

-812

5,843

-3,090

-314

-1,704

-6,963

474

-6,837

-3,961

-4,960

-4,293

3,817

3,922

4,777

4,487

-2,803

1,823

13,888

8,243

0

0

0

Changes in operating assets and liabilities (excluding effects of the acquisition of businesses):
Accounts receivable

-10,431

22,067

18,305

14,193

29,622

34,048

4,889

3,765

-2,351

-21,450

24,115

32,870

29,146

35,573

-9,732

3,279

4,261

24,735

38,680

20,025

41,711

37,116

40,895

39,281

31,542

12,357

18,867

12,528

10,270

21,862

20,207

39,693

41,908

47,045

54,526

52,777

53,453

33,814

6,365

0

0

0

Inventories

-2,522

821

3,832

4,687

3,951

2,447

734

277

-3,036

-4,566

-4,218

-2,760

-2,632

106

334

3,777

5,836

5,989

9,246

6,884

8,633

8,531

5,445

4,884

2,748

329

1,617

1,223

940

1,231

262

-903

-1,130

-690

-1,666

195

1,682

3,364

4,996

0

0

0

Other current assets

59,317

54,166

75,449

50,364

25,621

22,687

-15,607

4,363

10,846

3,067

14,890

733

-15,875

1,614

1,876

486

18,043

6,981

6,533

6,155

-9,528

12,137

9,828

-4,655

-1,436

-3,554

3,614

5,215

12,944

2,098

998

14,304

1,454

3,650

-8,000

-1,768

20,381

7,970

17,064

0

0

0

Other assets

29,723

20,574

22,742

8,271

-4,240

-985

-446

1,699

2,225

3,143

2,056

1,686

1,528

366

712

-681

35

-154

-569

1,009

767

166

2,502

1,890

1,195

1,621

-683

-1,627

201

268

134

-202

-909

-430

-81

3,482

-432

3,551

1,466

0

0

0

Accounts payable and accrued liabilities

56,028

49,082

74,710

60,938

28,637

16,821

6,583

-169

4,144

-14,774

30,524

56,409

52,445

66,538

33,217

10,974

34,170

16,996

39,521

39,623

21,561

11,014

18,339

7,711

7,520

13,990

16,790

20,462

19,263

19,788

9,953

7,301

11,156

33,395

20,476

22,089

38,693

32,685

12,157

0

0

0

Deferred revenue

76,659

84,452

110,718

66,727

82,827

90,171

51,016

83,846

80,952

77,025

94,064

87,693

86,930

76,701

86,931

113,623

122,070

157,276

146,561

125,106

132,761

112,446

105,278

96,975

96,460

86,560

83,475

85,887

77,811

100,123

103,587

111,591

99,106

92,243

83,904

82,237

86,852

76,359

76,263

0

0

0

Lease liabilities

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

682,251

693,995

747,841

746,060

777,766

768,969

761,068

769,828

750,341

740,926

740,281

731,286

739,198

696,976

711,535

690,808

692,839

702,017

684,541

671,063

636,790

576,461

548,992

527,122

515,118

513,813

499,693

500,253

487,422

508,364

495,437

468,376

456,053

445,678

416,938

381,835

356,068

342,759

313,612

0

0

0

Investing activities
Purchases of investments

587,023

592,660

602,987

566,449

713,097

807,676

855,424

690,536

654,016

586,487

446,838

384,868

362,019

346,351

354,708

487,418

493,981

539,279

609,875

476,273

481,035

546,139

515,737

581,161

781,114

772,991

938,571

1,023,917

1,024,428

1,110,468

1,059,853

1,067,278

1,020,840

990,597

979,597

998,743

986,753

1,008,830

877,003

0

0

0

Maturities of investments

511,493

624,361

625,201

651,455

603,769

476,896

439,130

414,050

389,750

398,476

390,449

445,794

433,316

428,979

418,821

314,332

382,719

435,931

461,327

478,131

433,656

476,939

523,983

542,298

626,886

616,760

613,927

709,897

737,996

750,692

784,601

830,438

909,658

895,426

795,142

754,912

634,460

620,320

603,825

0

0

0

Sales of investments

508,000

301,008

278,244

278,266

5,987

3,488

12,736

11,749

35,369

64,895

66,858

69,869

59,843

30,317

66,848

69,727

173,823

250,341

205,292

268,104

195,385

162,526

214,493

218,630

172,159

243,651

212,011

143,171

143,171

102,578

81,444

76,344

76,344

21,731

80,877

0

0

0

-

-

-

-

Decrease (increase) in restricted cash

-

-

-

-

-

-

-

-

-

-

-

119

47

10

3

-73

5

361

357

347

311

-108

-59

-106

-143

-110

612

702

723

744

19

-395

44

-55

-19

-2,150

-2,590

-2,492

-2,530

0

0

0

Acquisition of intangible assets

-

-

-

-

-

-

-

-

-

-

4,000

5,500

5,500

5,500

4,750

3,805

3,805

9,024

6,779

6,224

6,224

1,005

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash provided by sale of fixed asset

-

-

-

-

-

-

1,000

1,000

1,000

1,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

88,949

104,800

103,542

100,399

87,275

68,020

53,465

43,580

31,212

31,039

38,681

48,754

57,410

64,329

63,488

64,501

69,598

63,280

60,307

48,797

33,101

28,057

22,718

20,785

21,933

23,775

26,583

32,757

31,818

31,798

29,867

28,445

31,559

30,811

30,445

23,050

17,489

14,468

12,625

0

0

0

Net cash (used in) provided by investing activities

-1,223,603

-383,641

-414,634

-348,677

-190,616

-395,312

-456,023

-307,230

-259,073

-153,187

-32,212

76,422

68,183

43,106

62,720

-171,592

-10,847

74,328

-10,699

214,594

58,931

14,933

150,641

21,925

-91,583

-148,887

-352,470

-329,226

-300,720

-418,325

-352,279

-322,766

-200,661

-109,911

-139,719

-138,784

-241,245

-294,404

-238,223

0

0

0

Financing activities
Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

7,019

7,483

6,469

4,354

2,608

4,502

6,709

8,073

9,517

8,739

9,661

12,739

10,283

8,590

6,504

3,770

4,091

4,601

7,310

9,475

10,371

12,828

12,793

14,892

23,623

30,334

33,118

31,977

26,532

0

0

0

Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan

48,141

47,657

45,598

45,455

47,801

47,803

48,818

48,898

48,088

48,118

47,039

46,980

45,143

45,231

44,869

44,861

42,378

42,340

40,439

40,478

38,037

38,684

35,299

35,433

31,468

31,196

29,591

29,637

27,121

27,180

25,174

25,050

22,114

21,974

21,239

23,463

21,739

26,785

31,670

0

0

0

Repurchase of common stock

50,009

100,013

201,045

351,062

501,080

551,088

600,081

600,089

600,094

600,094

600,090

600,088

600,089

650,110

700,124

700,096

700,072

656,913

606,858

606,863

607,405

600,522

650,542

550,542

450,000

350,000

200,000

200,000

200,000

200,303

184,776

284,776

284,776

281,001

271,526

141,526

111,526

84,998

75,000

0

0

0

Net cash provided by (used in) financing activities

395,092

-52,356

-155,447

-305,607

-453,279

-503,285

-551,263

-550,643

-550,226

-547,897

-546,032

-545,625

-548,477

-600,525

-652,647

-650,733

-650,985

-606,500

-556,902

-557,646

-559,707

-549,099

-604,960

-506,519

-412,028

-315,034

-166,318

-165,762

-165,569

-163,648

-149,231

-246,898

-249,869

-244,135

-226,664

-87,729

-56,669

-26,236

-16,798

0

0

0

Net (decrease) increase in cash, cash equivalents and restricted cash

-146,260

257,998

177,760

91,776

133,871

-129,628

-246,218

-88,045

-58,958

39,842

162,037

262,083

258,904

139,557

121,608

-131,517

31,007

169,845

116,940

328,011

136,014

42,295

94,673

42,528

11,507

49,892

-19,095

5,265

21,133

-73,609

-6,073

-101,288

5,523

91,632

50,555

155,322

58,154

22,119

58,591

0

0

0

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

-2,225

-626

-1,400

-863

-3,181

-2,340

-2,340

-3,568

-806

-686

-3,307

-768

-1,456

80

2,503

-1,066

-287

-5,502

-7,982

-7,804

-8,245

-4,669

-2,864

1,165

-1,333

-3,127

-2,393

-2,592

-930

684

470

-2,909

-2,279

-2,277

-2,525

669

-463

-1,271

-674

0

0

0

Supplemental disclosures of cash flow information
Cash paid for amounts included in the measurement of operating lease liabilities

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosures of non-cash activities
Right-of-use assets obtained in exchange for lease obligations

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized leasehold improvements paid directly by landlord

6,134

19,564

34,948

44,445

38,772

25,342

9,958

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-