Fair Isaac Corp FICO Cash Flow

Fair isaac corp (FICO)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09
Cash flows from operating activities:
Net income
58,288	54,921	54,584	64,152	33,381	40,007	32,713	29,721	31,169	32,879	45,202	25,227	25,084	37,901	32,104	34,987	23,116	19,241	33,319	19,906	18,870	14,407	36,603	20,548	20,751	16,977	28,557	19,622	18,495	23,421	21,246	20,749	20,012	29,997	24,619	23,189	7,745	16,009	15,841	17,938	12,992	17,686
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
7,679	7,856	7,878	7,948	7,819	7,967	7,853	7,234	7,364	7,731	8,787	9,191	9,178	9,058	8,506	7,959	7,727	7,441	7,796	9,046	8,940	8,107	8,436	8,184	7,845	8,167	8,054	8,727	8,460	7,973	6,994	4,506	4,521	5,528	5,574	5,853	6,315	6,455	7,156	7,634	8,041	8,087
Share-based compensation
22,788	23,145	21,042	19,595	20,482	21,854	20,183	18,882	19,239	16,510	17,676	14,315	14,712	14,519	13,805	13,404	13,600	14,700	12,546	12,166	11,802	8,794	10,731	9,345	9,051	7,235	6,953	6,652	6,413	5,832	5,763	6,082	4,627	4,757	3,738	3,557	4,171	4,034	4,070	3,853	4,847	4,535
Deferred income taxes
-197	-1,016	7,454	173	124	-50	14,227	-491	-1,210	-1,942	-6,246	-2	0	0	-25,552	1,601	-8,042	5,986	-6,009	-2,378	-3,223	5,676	-8,450	-2,503	-3,497	-1,576	9,186	-2,016	-2,081	-1,418	-5,257	103	-2,392	425	67	367	-1	819	-	-	-	-
Net loss on marketable securities
-3,470	944	-	665	1,750	-3,050	-	437	108	90	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Leased Asset
5,507	4,493	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax effect from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,480	2,196	3,893	9,615	1,627	1,597	2,927	6,379	191	1,147	501	4,196	642	748	524	973	2,371	6,868	-1,837	-1,323	-261	-2,482	-68	212	-8,683	547	1,449	1,970
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,748	2,131	6,485	874	856	527	4,551	1,289	822	1,311	2,940	3,677	988	1,743	1,671	352	185	692	435	106	14	805	233
Net amortization of premium on marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-8	-21	-22	-58	-120	-111	-78	-68	-297	-506	-608	-560	-500
Provision for doubtful accounts, net
2,178	281	9	118	211	180	82	59	482	0	252	463	462	463	706	435	432	438	0	0	0	0	487	407	313	278	34	19	182	92	-	-	-	-	-1,166	1	289	293	-116	1,044	-560	-250
Net (gain) loss on sales of property and equipment
-11	-48	-105	-27	-17	22	-203	-1	-18	-9	12	-16	-10	0	-	-	-	-	-	-	-	-	-	-	-	-	42	-16	-97	-280	-	-	-	-	-23	9	-152	-3	-36	-602	38	-94
Changes in operating assets and liabilities:
Accounts receivable
36,214	-22,391	-17,112	48,273	23,206	-18,191	11,188	-11,941	13,535	-4,516	22,747	-1,895	-15,457	-8,253	15,041	3,750	17,439	-18,005	15,211	-25,681	20,935	-5,863	3,715	13,621	-932	-2,755	8,691	-343	-2,880	-6,754	20,341	4,469	-10,909	12,589	3,691	-4,987	542	-7,817	3,709	20,176	-8,618	-3,706
Prepaid expenses and other assets
-2,055	21,711	50,138	-6,850	1,432	10,787	6,203	-2,317	-411	6,315	-16,308	-1,244	10,539	16,876	1,458	-13,774	-15,339	14,807	4,153	-4,468	6,934	8,843	2,960	-276	414	-1,344	2,663	449	-2,245	-45	278	-3	1,116	-2,193	1,809	42	-1,649	-2,262	500	-1,459	283	361
Accounts payable
-8,516	10,349	1,254	2,841	-3,881	1,671	-1,780	3,138	-396	-119	3,405	-1,898	-2,809	-725	2,199	-1,868	-1,789	2,022	-5,996	-8,331	6,769	3,886	1,552	2,356	-2,582	1,848	-5,577	1,978	1,261	1,748	-160	2,341	-2,263	6,892	-7,557	-449	2,932	3,325	-341	4	736	-716
Accrued compensation and employee benefits
-1,773	-35,566	18,163	21,187	11,948	-28,918	9,329	18,673	8,022	-28,672	14,781	14,354	6,359	-29,030	14,523	12,392	6,545	-16,381	18,194	-788	7,134	-26,046	14,474	5,716	8,140	-10,880	1,168	735	6,610	-20,242	11,544	1,979	7,849	-10,058	7,592	5,350	1,317	-11,105	1,960	6,591	4,056	-7,194
Other liabilities
-280	-4,379	7,627	-3,492	2,176	-4,848	6,267	397	849	-1,267	-5,919	9,325	-1,396	-2,091	-3,116	5,735	-4,463	-2,438	11,081	-20	6,902	-13,850	10,034	881	-35	4,686	3,036	-1,652	-8,528	8,967	11,554	-7,246	-4,726	1,873	12,341	4,806	956	624	-3,983	-8,611	4,271	5,033
Deferred revenue
6,498	497	10,198	-2,171	1,900	562	-909	-6,356	-3,072	5,537	-17,266	-2,104	9,901	11,506	-2,619	-1,474	2,786	6,807	-6,384	-15,481	11,789	3,472	4,725	-3,154	6,228	-2,101	-3,425	-2,678	4,978	-2,764	-6,381	-698	4,752	12,359	-9,292	128	2,889	3,280	-4,612	3,454	-2,277	2,339
Net cash provided by operating activities
61,494	60,365	95,414	68,290	47,789	48,857	59,963	85,079	49,233	28,777	54,221	72,026	66,419	32,978	32,543	85,391	41,705	50,629	60,372	43,118	41,922	1,360	71,221	28,726	46,709	28,378	35,943	31,223	40,225	28,729	23,338	22,932	42,327	41,149	31,103	45,435	26,738	32,880	21,755	14,060	38,709	31,256
Cash flows from investing activities:
Purchases of property and equipment
6,666	6,500	5,811	7,526	4,170	6,474	7,079	13,109	7,067	4,044	5,036	5,188	5,285	4,319	9,428	4,734	3,513	4,294	6,733	8,015	4,584	5,667	5,502	2,792	2,142	2,154	3,712	3,312	8,111	9,012	5,867	6,252	5,607	7,757	5,697	3,217	3,778	1,328	4,707	4,736	3,522	4,488
Cash proceeds from sales of product line assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,692	93	397
Proceeds from sales of marketable securities
3,218	167	252	961	2,165	102	225	622	2,375	8	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable securities
2,499	2,733	546	1,462	2,093	2,303	541	981	2,585	1,943	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,996	20,035	23,036	-	-	-	-	0	0	43,668	28,081
Distribution from other investments
0	-55	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-75	0	0	0	0	0	0	0	-50	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	22,000	10,000	18,000	31,150	72,509	38,214	0	33,130	21,415	65,020	41,907	17,350	63,316
Cash paid for acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,436	833	27,605	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-5,947	-9,011	-21,960	-8,027	-4,098	-8,675	12,605	-13,468	-7,277	-5,979	-5,036	-5,965	-5,285	-4,319	-9,428	-10,380	-3,513	-4,294	-6,733	-8,386	-61,205	-5,592	-5,502	-10,045	-2,142	-2,154	-3,712	-7,748	-8,944	-14,567	-101,305	-11,390	5,309	41,716	6,033	-120,892	43,071	20,087	70,327	38,863	-29,697	31,144
Cash flows from financing activities:
Proceeds from revolving line of credit
39,000	117,000	62,000	29,000	35,000	103,000	56,000	224,000	68,000	79,000	92,000	19,000	19,000	60,000	73,000	5,000	18,000	26,000	8,000	89,000	71,000	81,000	49,000	73,000	15,000	8,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on revolving line of credit
10,000	367,000	32,000	29,000	45,000	35,000	51,000	432,000	28,000	20,000	27,000	33,000	14,000	10,000	43,000	15,000	26,000	15,000	48,000	28,000	20,000	20,000	33,000	18,000	10,000	0	15,000	743	0	2,933	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of senior notes
0	350,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on debt issuance costs
35	6,805	0	0	0	0	-20	7,629	0	240	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment from finance lease
-287	-425	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of treasury stock under employee stock plans
18,125	5,091	6,715	3,223	5,300	7,550	8,531	786	1,013	693	1,362	3,998	5,451	3,663	9,472	1,599	5,558	1,199	4,615	1,790	5,140	6,713	810	4,785	2,424	10,832	16,317	7,792	9,809	6,189	31,184	6,208	18,378	15,023	-289	1,013	6,821	68	-	-	2,617	-461
Taxes paid related to net share settlement of equity awards
10,953	86,047	1,788	2,738	5,483	42,987	1,333	2,424	1,581	38,867	908	2,410	1,316	35,598	1,411	2,663	1,419	24,462	1,359	2,110	985	15,007	1,507	1,219	750	8,821	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
-	-	-	-	-	-	-	-	-	-	0	0	620	618	620	624	623	622	626	622	625	635	640	684	696	694	701	707	714	702	692	685	709	717	751	790	801	798	807	895	930	947
Repurchases of common stock
87,999	60,009	49,968	59,203	37,023	82,700	113,056	104,825	69,452	55,263	71,288	41,694	44,205	30,442	42,278	27,731	40,008	28,382	0	30,006	40,120	60,593	64,710	85,188	40,016	27,125	-	-	-	-	0	34,283	99,088	57,685	37,661	34,450	17,142	2,169	58,622	79,967	24,137	33,393
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,748	2,131	6,485	874	856	527	4,551	1,289	822	1,311	2,940	3,677	988	1,743	1,671	352	185	692	435	106	14	805	233
Net cash used in financing activities
-52,149	-48,195	-43,986	-58,718	-47,206	-50,137	-100,838	-53,092	-30,020	-34,677	-77,834	-54,106	-35,690	-12,995	-64,837	-39,419	-44,492	-41,267	-48,734	-38,200	16,541	-2,037	-49,173	-34,450	-33,511	-13,257	-42,887	-59,647	10,406	5,494	28,703	-35,772	-79,676	-41,708	-39,085	-42,042	-10,430	-2,464	-61,237	-131,023	-21,645	-34,568
Effect of exchange rate changes on cash
-5,648	1,631	-1,850	378	504	-172	-1,636	-6,458	1,719	474	3,600	2,864	2,303	-3,489	-507	-2,811	964	-478	-3,143	985	-5,068	-4,155	-4,580	702	1,183	-208	815	-1,959	-1,376	-426	2,192	-3,125	2,701	-1,534	-3,216	122	2,483	-270	2,742	-198	-2,664	218
Increase (decrease) in cash and cash equivalents
-2,250	4,790	27,618	1,923	-3,011	-10,127	-29,906	12,061	13,655	-11,405	-25,049	14,819	27,747	12,175	-42,229	32,781	-5,336	4,590	1,762	-2,483	-7,810	-10,424	11,966	-15,067	12,239	12,759	-9,841	-38,131	40,311	19,230	-47,072	-27,355	-29,339	39,623	-5,165	-117,377	61,862	50,233	33,587	-78,298	-15,297	28,050
Supplemental disclosures of cash flow information:
Cash paid for income taxes, net of refunds
2,084	2,391	6,721	4,096	6,568	1,394	3,423	3,306	4,448	2,221	8,589	1,169	14,094	7,463	11,691	-3,484	-1,716	4,364	64,874	-6,626	-33,340	8,844	5,193	7,355	8,534	1,285	1,002	4,979	16,182	1,978	6,437	12,388	13,331	4,696	2,246	518	5,511	3,185	13,511	3,767	7,649	1,958
Interest Paid, Excluding Capitalized Interest, Operating Activities
3,325	12,856	6,523	13,715	6,247	13,439	5,605	7,177	6,237	7,087	7,236	6,470	6,526	5,851	7,741	5,870	7,450	5,823	7,635	8,126	7,170	7,539	6,741	7,485	6,511	7,472	6,531	9,006	6,463	9,011	6,466	9,243	6,466	9,246	6,427	9,465	6,494	9,588	529	9,890	627	10,002
Supplemental disclosures of non-cash investing and financing activities:
Purchase of property and equipment included in accounts payable
1,827	93	758	613	-356	433	-3,369	-724	4,524	1,482	-719	-287	-1,059	3,816	-279	2,538	761	267	-297	-4,009	4,446	296	-345	246	-59	521	-852	707	-219	1,045	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease obligations incurred
2,103	3,045	-613	6,416	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-