HARMONIC INC HLIT Cash Flow

Harmonic inc (HLIT)

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
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
-21,954	5,570	11,657	-11,845	-11,306	3,330	-7,758	-2,913	-13,694	-11,845	-15,583	-31,500	-24,027	-10,443	-16,012	-20,679	-25,180	-7,199	-4,811	-994	-2,657	-4,854	1,078	-37,062	-5,410	-2,360	36,766	-3,800	6,421	4,804	-8,230	17	-7,528	4,327	3,546	390	516	-13,738	-361	4,445	5,319
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Amortization of intangibles
1,655	2,077	2,080	2,079	2,083	2,086	2,087	2,095	2,099	2,090	2,088	2,075	2,069	2,125	4,389	5,539	2,783	1,531	1,532	1,532	1,907	2,142	5,512	6,200	6,666	6,760	6,764	6,772	7,033	7,200	7,227	7,238	7,539	7,653	7,675	7,721	7,371	8,521	3,673	2,615	2,616
Depreciation
2,843	2,807	2,764	2,870	2,846	3,061	3,139	3,315	3,456	3,554	3,906	3,540	3,599	5,621	5,461	4,420	3,317	3,098	3,213	3,437	3,493	3,818	4,155	4,259	4,227	4,276	4,225	4,100	4,040	3,858	3,818	3,721	3,798	3,561	3,482	3,421	3,403	3,294	2,292	2,071	2,333
Stock-based compensation
6,259	3,355	4,096	2,510	2,113	3,087	5,433	3,012	5,757	5,503	3,720	4,136	3,251	4,518	2,680	2,768	3,094	3,737	3,827	3,884	4,134	4,567	4,352	4,561	3,807	4,136	3,945	4,022	3,986	4,804	4,620	4,702	4,800	4,814	5,005	5,092	6,002	5,359	3,517	3,420	3,243
Amortization of discount on convertible debt
1,835	1,796	1,698	1,657	1,605	1,578	1,528	1,501	1,453	1,429	1,384	1,360	1,316	1,295	1,252	1,230	1,187	216	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment of Warrants Granted for Services
434	-	13,089	23	25	-	790	284	111	-	-378	0	416	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-150	-6	-137	14,956	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, asset impairment and loss on retirement of fixed assets
8	39	-16	-2	103	386	1,012	53	40	1,341	337	41	187	829	-211	12	1,675	287	102	249	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes, net
653	-2,151	220	393	-538	-395	526	530	0	-	-	-	-	-	-	-	-	-	-	-	-	381	4,375	23,897	3,510	2,110	-1,340	-9,103	-204	-6,596	297	2,592	-1,262	1,857	-2,294	0	76	-1,404	1,365	0	-1,422
Loss on impairment of long-term investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,259	0	1,476	-	0	0	2,505	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency adjustments
2,066	-1,429	1,394	-313	638	872	-8	1,877	-835	-574	-664	-949	-182	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for excess and obsolete inventories
234	775	320	130	254	390	437	364	458	427	484	4,707	387	625	1,043	4,785	418	351	391	389	454	556	636	655	722	662	670	1,576	567	911	731	951	784	1,179	-1,369	1,486	2,640	-	-	-	-
(Gain) loss on retirement of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-48	-101	-	-	-	-	-221	-347	-42	-61	-89	-46	-8	-19
Provision for doubtful accounts, returns and discounts
331	512	488	83	417	1,164	734	-499	1,122	603	1,035	574	2,700	1,367	525	-42	739	1,458	1,289	-346	-367	2,059	-716	1,136	-536	-201	99	-54	1,116	1,590	-263	2,455	-180	589	2,593	563	-510	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-98	120	-179	-110	119	185	141	0	0	0	41	5	2	73	-	-	-	-	-	-	-	-
Other non-cash adjustments, net
-113	2,375	-847	-16	-287	693	-222	68	-132	743	-109	-117	-72	659	-107	-144	0	-	-	-	-	2,216	-261	-385	-462	3,318	-443	-369	-408	1,566	-162	-406	8	1,365	-242	-201	-121	-185	-268	-1,643	567
Changes in operating assets and liabilities:
Accounts receivable
5,068	-12,133	31,220	11,652	-22,351	5,115	-3,987	7,647	5,925	-1,231	12,112	-9,091	-14,388	-10,306	-3,131	5,106	10,894	6,845	-10,662	-131	1,353	563	-5,013	3,558	1,927	-10,218	-1,080	-9,498	10,888	-7,128	-8,373	-6,550	1,683	-5,952	1,167	6,495	9,767	11,802	4,002	1,325	5,204
Inventories
6,281	649	1,730	-1,717	4,157	3,042	1,003	-1,576	-424	-5,499	-3,276	-1,970	-942	6,332	933	-3,209	51	-1,982	7,341	1,370	-775	791	2,978	521	-5,900	-2,781	-3,342	-335	-6,832	-3,088	992	3,413	-4,320	6,674	2,794	3,748	3,372	5,044	3,364	3,212	4,512
Prepaid expenses and other assets
-10,579	-2,356	4,177	2,943	-1,417	-720	-610	-8,408	6,511	60	-769	-9,084	3,151	-4,046	1,790	-1,930	6,078	-5,611	2,182	-1,427	13,062	-1,989	2,897	-4,247	6,671	6,715	-4,981	-12,138	8,597	4,531	-5,031	5,076	-1,892	-748	-4,393	-1,785	-998	3,659	1,876	-1,191	1,101
Accounts payable
-242	7,925	-1,087	6,425	-8,177	5,050	155	1,523	-5,710	1,303	695	8,121	-6,687	3,288	337	6,058	-3,890	2,911	-4,643	3,035	3,380	842	-3,110	4,857	-2,533	2,055	-2,489	-133	-2,796	-5,565	1,048	-1,620	936	-367	337	8,396	-3,616	-1,182	-282	1,740	-3,356
Deferred revenue
12,477	-11,438	3,013	239	4,750	-6,591	-7,595	-631	10,009	706	-2,406	-4,127	5,435	-1,932	-5,918	993	24,963	-9,778	-4,596	-272	10,105	3,392	-3,103	4,491	6,382	-7,049	1,190	1,270	2,667	-1,973	-1,141	1,708	2,740	-3,860	-10,398	-3,642	4,430	4,092	-3,601	-1,850	6,445
Income taxes payable
-768	-22	178	-100	-192	-21	-42	250	253	-856	-2,350	222	6	694	-705	-109	-13	-265	-557	-314	-501	1,198	-8,854	284	278	-1,337	-38,332	380	-1,257	3,017	1,078	-1,631	-929	-916	998	-177	-6,748	11,121	2,107	-595	-1,616
Accrued excess facility costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,818	-1,832	-1,701	-1,697
Accrued and other liabilities
-12,083	3,126	-734	-775	-9,027	1,687	-1,851	596	-933	-5,446	5,740	-4,612	-4,181	8,463	1,989	-8,075	1,046	2,251	-1,932	825	-6,819	3,311	-3,092	1,822	-3,447	2,307	-5,298	-2,730	-216	2,563	253	1,650	-7,255	7,422	653	1,788	-9,288	11,233	-2,221	1,146	-4,613
Net cash provided by (used in) operating activities
-11,041	30,154	5,787	-8,862	4,216	6,617	2,419	9,872	-6,624	9,034	-8,584	5,710	-3,096	13,076	-4,345	-2,885	-5,408	-2,213	-5,024	11,711	1,877	19,848	742	15,534	11,245	18,625	16,052	24,825	-5,743	20,667	22,007	20,248	7,891	24,788	11,249	16,823	-7,683	16,354	-4,271	8,462	-2,979
Cash flows from investing activities:
Acquisition of business, net of cash and restricted cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,335	2,680	3,457	69,532	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	12,515	14,084	23,991	15,656	13,209	25,908	39,655	36,462	21,007	36,654	31,380	14,155	20,196	41,813	12,422	0	3,668	35,367
Proceeds from maturities of investments
-	-	-	-	-	-	-	-	-	0	0	0	3,106	1,015	5,850	5,448	7,394	3,845	10,790	6,096	9,648	17,575	12,390	15,464	15,382	12,353	13,843	20,589	16,249	12,608	18,766	7,319	18,791	13,211	4,255	4,394	6,873	-2,728	17,562	24,835	41,292
Proceeds from sales of investments
-	-	-	-	-	-	-	-	-	0	0	0	3,792	0	0	0	0	-	-	-	-	-	-	-	-	6,384	4,000	23,506	4,000	10,868	14,003	15,441	1,042	12,751	7,921	9,301	1,026	-	-	-	-
Purchases of property and equipment
11,224	5,355	2,034	1,265	1,674	2,341	1,522	1,406	1,775	2,324	3,132	2,726	3,217	3,684	3,715	5,044	2,664	3,963	2,888	3,854	3,651	1,206	2,380	3,048	3,431	3,332	2,494	4,481	4,274	2,759	3,142	2,993	3,715	4,896	3,871	3,545	4,957	5,787	16,662	12,022	1,153
Proceeds from sale of discontinued operations, net of selling costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12	-111	-698	44,336	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	85	3,526	5,867	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-11,224	-5,355	-2,034	-1,265	-1,674	-2,341	-1,418	-1,406	-1,775	-2,324	-3,132	-2,726	3,681	-1,334	-545	-3,053	-64,802	-4,665	-917	-10,744	5,912	18,480	11,551	-99	-2,133	-8,598	-418	25,707	34,403	-18,938	-6,835	-1,240	-20,536	-10,314	-5,850	-10,296	-38,871	9,473	-119,745	9,145	4,772
Cash flows from financing activities:
Payment of convertible debt issuance costs
35	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of convertible debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	582	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from other debts and finance leases
0	0	181	4,343	160	0	5,066	0	0	-	-	-	-	-	-4	5,710	262	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from other debts and capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of other debts and finance leases
406	526	225	6,065	97	564	392	5,728	448	400	358	5,697	953	-	1,514	6,410	114	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from common stock issued to employees
3,000	2,833	3,426	135	2,012	648	1,933	19	2,347	19	2,580	3	2,114	708	-1	1,663	2,074	-33	122	3,023	6,110	385	5,629	105	-1,377	3,166	2,537	310	2,508	-103	2,906	-463	2,479	-600	-402	4,133	9,570	-59	85	2,097	1,736
Payment of tax withholding obligations related to net share settlements of restricted stock units
829	-	450	171	657	-	112	54	0	-	31	343	2,383	-	279	79	955	-	646	564	2,078	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for repurchases of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52,856	7,836	6,989	5,182	6,721	31,656	25,676	29,075	13,033	8,124	86,104	9,268	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-98	120	-179	-110	119	185	141	0	0	0	41	5	2	73	-	-	-	-	-	-	-	-
Net cash used in financing activities
1,730	1,281	5,364	-1,758	1,418	20	6,495	-5,763	1,899	-381	8,371	-5,873	-1,222	77	-1,798	884	685	71,573	-8,382	-4,628	-1,030	-7,035	-29,253	-25,452	-30,267	-13,061	-5,587	-85,794	-6,760	-8,313	-4,524	-7,414	2,552	1,355	-402	4,133	9,570	212	6,533	14,482	1,736
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-811	283	-486	33	-33	-183	8	-661	73	408	536	588	347	-233	-87	-425	330	-76	-155	54	-135	-289	-185	-2	18	33	80	1	-106	19	141	-167	129	-81	-132	38	123	-29	113	-156	-46
Net increase (decrease) in cash, cash equivalents and restricted cash
-21,346	26,363	8,631	-11,852	3,927	4,113	7,504	2,042	-6,427	6,737	-2,809	-2,301	-290	11,586	-6,775	-5,479	-69,195	64,619	-14,478	-3,607	6,624	31,004	-17,145	-10,019	-21,137	-3,001	10,127	-35,261	21,794	-6,565	10,789	11,427	-9,964	15,748	4,865	10,698	-36,861	26,010	-117,370	31,933	3,483
Supplemental disclosures of cash flow information:
Income tax payments, net
408	158	120	370	490	822	459	164	586	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	443	214	579	191
Interest payments, net
1,095	828	937	2,403	92	2,546	182	2,397	148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental schedule of non-cash investing and financing activities:
Capital expenditures incurred but not yet paid
7,620	1,512	465	-13	91	-516	173	166	325	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-