Harmonic inc (HLIT)
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
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

-16,572

-5,924

-8,164

-27,579

-18,647

-21,035

-36,210

-44,035

-72,622

-82,955

-81,553

-81,982

-71,161

-72,314

-69,070

-57,869

-38,184

-15,661

-13,316

-7,427

-43,495

-46,248

-43,754

-8,066

25,196

37,027

44,191

-805

3,012

-10,937

-11,414

362

735

8,779

-9,286

-13,193

-9,138

-4,335

0

0

0

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Amortization of intangibles

7,891

8,319

8,328

8,335

8,351

8,367

8,371

8,372

8,352

8,322

8,357

10,658

14,122

14,836

14,242

11,385

7,378

6,502

7,113

11,093

15,761

20,520

25,138

26,390

26,962

27,329

27,769

28,232

28,698

29,204

29,657

30,105

30,588

30,420

31,288

27,286

22,180

17,425

0

0

0

Depreciation

11,284

11,287

11,541

11,916

12,361

12,971

13,464

14,231

14,456

14,599

16,666

18,221

19,101

18,819

16,296

14,048

13,065

13,241

13,961

14,903

15,725

16,459

16,917

16,987

16,828

16,641

16,223

15,816

15,437

15,195

14,898

14,562

14,262

13,867

13,600

12,410

11,060

9,990

0

0

0

Stock-based compensation

16,220

12,074

11,806

13,143

13,645

17,289

19,705

17,992

19,116

16,610

15,625

14,585

13,217

13,060

12,279

13,426

14,542

15,582

16,412

16,937

17,614

17,287

16,856

16,449

15,910

16,089

16,757

17,432

18,112

18,926

18,936

19,321

19,711

20,913

21,458

19,970

18,298

15,539

0

0

0

Amortization of discount on convertible debt

6,986

6,756

6,538

6,368

6,212

6,060

5,911

5,767

5,626

5,489

5,355

5,223

5,093

4,964

3,885

2,633

1,403

216

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustment of Warrants Granted for Services

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,663

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring, asset impairment and loss on retirement of fixed assets

29

124

471

1,499

1,554

1,491

2,446

1,771

1,759

1,906

1,394

846

817

2,305

1,763

2,076

2,313

641

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-885

-2,076

-320

-14

123

661

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

32,163

33,892

28,177

-4,823

-8,537

-17,243

-15,606

-3,911

-4,969

3,484

893

-1,699

-361

-3,622

37

37

-1,461

0

0

0

Loss on impairment of long-term investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency adjustments

1,718

290

2,591

1,189

3,379

1,906

460

-196

-3,022

-2,369

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for excess and obsolete inventories

1,459

1,479

1,094

1,211

1,445

1,649

1,686

1,733

6,076

6,005

6,203

6,762

6,840

6,871

6,597

5,945

1,549

1,585

1,790

2,035

2,301

2,569

2,675

2,709

3,630

3,475

3,724

3,785

3,160

3,377

3,645

1,545

2,080

3,936

0

0

0

-

-

-

-

(Gain) loss on retirement of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-671

-539

-238

-204

-162

0

0

0

Provision for doubtful accounts, returns and discounts

1,414

1,500

2,152

2,398

1,816

2,521

1,960

2,261

3,334

4,912

5,676

5,166

4,550

2,589

2,680

3,444

3,140

2,034

2,635

630

2,112

1,943

-317

498

-692

960

2,751

2,389

4,898

3,602

2,601

5,457

3,565

3,235

0

0

0

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-267

-50

15

335

445

326

141

41

46

48

121

0

0

0

-

-

-

-

-

-

-

-

Other non-cash adjustments, net

1,399

1,225

-457

168

252

407

457

570

385

445

361

363

336

408

0

0

0

-

-

-

-

1,108

2,210

2,028

2,044

2,098

346

627

590

1,006

805

725

930

801

-749

-775

-2,217

-1,529

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

35,807

8,388

25,636

-9,571

-13,576

14,700

8,354

24,453

7,715

-12,598

-21,673

-36,916

-22,719

2,563

19,714

12,183

6,946

-2,595

-8,877

-3,228

461

1,035

-9,746

-5,813

-18,869

-9,908

-6,818

-14,111

-11,163

-20,368

-19,192

-9,652

3,393

11,477

29,231

32,066

26,896

22,333

0

0

0

Inventories

6,943

4,819

7,212

6,485

6,626

2,045

-6,496

-10,775

-11,169

-11,687

144

4,353

3,114

4,107

-4,207

2,201

6,780

5,954

8,727

4,364

3,515

-1,610

-5,182

-11,502

-12,358

-13,290

-13,597

-9,263

-5,515

-3,003

6,759

8,561

8,896

16,588

14,958

15,528

14,992

16,132

0

0

0

Prepaid expenses and other assets

-5,815

3,347

4,983

196

-11,155

-3,227

-2,447

-2,606

-3,282

-6,642

-10,748

-8,189

-1,035

1,892

327

719

1,222

8,206

11,828

12,543

9,723

3,332

12,036

4,158

-3,733

-1,807

-3,991

-4,041

13,173

2,684

-2,595

-1,957

-8,818

-7,924

-3,517

2,752

3,346

5,445

0

0

0

Accounts payable

13,021

5,086

2,211

3,453

-1,449

1,018

-2,729

-2,189

4,409

3,432

5,417

5,059

2,996

5,793

5,416

436

-2,587

4,683

2,614

4,147

5,969

56

1,269

1,890

-3,100

-3,363

-10,983

-7,446

-8,933

-5,201

-3

-714

9,302

4,750

3,935

3,316

-3,340

-3,080

0

0

0

Deferred revenue

4,291

-3,436

1,411

-9,197

-10,067

-4,808

2,489

7,678

4,182

-392

-3,030

-6,542

-1,422

18,106

10,260

11,582

10,317

-4,541

8,629

10,122

14,885

11,162

721

5,014

1,793

-1,922

3,154

823

1,261

1,334

-553

-9,810

-15,160

-13,470

-5,518

1,279

3,071

5,086

0

0

0

Income taxes payable

-712

-136

-135

-355

-5

440

-395

-2,703

-2,731

-2,978

-1,428

217

-114

-133

-1,092

-944

-1,149

-1,637

-174

-8,471

-7,873

-7,094

-9,629

-39,107

-39,011

-40,546

-36,192

3,218

1,207

1,535

-2,398

-2,478

-1,024

-6,843

5,194

6,303

5,885

11,017

0

0

0

Accrued excess facility costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,412

0

0

0

Accrued and other liabilities

-10,466

-7,410

-8,849

-9,966

-8,595

-501

-7,634

-43

-5,251

-8,499

5,410

1,659

-1,804

3,423

-2,789

-6,710

2,190

-5,675

-4,615

-5,775

-4,778

-1,406

-2,410

-4,616

-9,168

-5,937

-5,681

-130

4,250

-2,789

2,070

2,470

2,608

575

4,386

1,512

870

5,545

0

0

0

Net cash provided by (used in) operating activities

16,038

31,295

7,758

4,390

23,124

12,284

14,701

3,698

-464

3,064

7,106

11,345

2,750

438

-14,851

-15,530

-934

6,351

28,412

34,178

38,001

47,369

46,146

61,456

70,747

53,759

55,801

61,756

57,179

70,813

74,934

64,176

60,751

45,177

36,743

21,223

12,862

17,566

0

0

0

Cash flows from investing activities:
Acquisition of business, net of cash and restricted cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

74,334

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,599

50,590

66,246

66,940

78,764

94,428

115,234

123,032

133,778

125,503

103,196

102,385

107,544

88,586

74,431

57,903

51,457

0

0

0

Proceeds from maturities of investments

-

-

-

-

-

-

-

-

-

3,106

4,121

9,971

15,419

19,707

22,537

27,477

28,125

30,379

44,109

45,709

55,077

60,811

55,589

57,042

62,167

63,034

63,289

68,212

54,942

57,484

58,087

43,576

40,651

28,733

12,794

26,101

46,542

80,961

0

0

0

Proceeds from sales of investments

-

-

-

-

-

-

-

-

-

3,792

3,792

3,792

3,792

0

0

0

0

-

-

-

-

-

-

-

-

37,890

42,374

52,377

44,312

41,354

43,237

37,155

31,015

30,999

0

0

0

-

-

-

-

Purchases of property and equipment

19,878

10,328

7,314

6,802

6,943

7,044

7,027

8,637

9,957

11,399

12,759

13,342

15,660

15,107

15,386

14,559

13,369

14,356

11,599

11,091

10,285

10,065

12,191

12,305

13,738

14,581

14,008

14,656

13,168

12,609

14,746

15,475

16,027

17,269

18,160

30,951

39,428

35,624

0

0

0

Proceeds from sale of discontinued operations, net of selling costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,515

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85

3,611

9,478

9,478

9,393

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-19,878

-10,328

-7,314

-6,698

-6,839

-6,940

-6,923

-8,637

-9,957

-4,501

-3,511

-924

-1,251

-69,734

-73,065

-73,437

-81,128

-10,414

12,731

25,199

35,844

27,799

721

-11,248

14,558

51,094

40,754

34,337

7,390

-47,549

-38,925

-37,940

-46,996

-65,331

-45,544

-159,439

-139,998

-96,355

0

0

0

Cash flows from financing activities:
Payment of convertible debt issuance costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of convertible debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other debts and finance leases

4,524

4,684

4,684

9,569

5,226

5,066

0

0

0

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other debts and capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of other debts and finance leases

7,222

6,913

6,951

7,118

6,781

7,132

6,968

6,934

6,903

7,408

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from common stock issued to employees

9,394

8,406

6,221

4,728

4,612

4,947

4,318

4,965

4,949

4,716

5,405

2,824

4,484

4,444

3,703

3,826

5,186

9,222

9,640

15,147

12,229

4,742

7,523

4,431

4,636

8,521

5,252

5,621

4,848

4,819

4,322

1,014

5,610

12,701

13,242

13,729

11,693

3,859

0

0

0

Payment of tax withholding obligations related to net share settlements of restricted stock units

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for repurchases of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

72,863

26,728

50,548

69,235

93,128

99,440

75,908

136,336

116,529

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-267

-50

15

335

445

326

141

41

46

48

121

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

6,617

6,305

5,044

6,175

2,170

2,651

2,250

4,126

4,016

895

1,353

-8,816

-2,059

-152

71,344

64,760

59,248

57,533

-21,075

-41,946

-62,770

-92,007

-98,033

-74,367

-134,709

-111,202

-106,454

-105,391

-27,011

-17,699

-8,031

-3,909

7,638

14,656

13,513

20,448

30,797

22,963

0

0

0

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

-981

-203

-669

-175

-869

-763

-172

356

1,605

1,879

1,238

615

-398

-415

-258

-326

153

-312

-525

-555

-611

-458

-136

129

132

8

-6

55

-113

122

22

-251

-46

-52

0

245

51

-118

0

0

0

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

1,796

27,069

4,819

3,692

17,586

7,232

9,856

-457

-4,800

1,337

6,186

2,220

-958

-69,863

-16,830

-24,533

-22,661

53,158

19,543

16,876

10,464

-17,297

-51,302

-24,030

-49,272

-6,341

-9,905

-9,243

37,445

5,687

28,000

22,076

21,347

-5,550

4,712

-117,523

-96,288

-55,944

0

0

0

Supplemental disclosures of cash flow information:
Income tax payments, net

1,056

1,138

1,802

2,141

1,935

2,031

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,427

0

0

0

Interest payments, net

5,263

4,260

5,978

5,223

5,217

5,273

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental schedule of non-cash investing and financing activities:
Capital expenditures incurred but not yet paid

9,584

2,055

27

-265

-86

148

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-