INTEGRATED DEVICE TECHNOLOGY INC IDTI Cash Flow

Integrated device technology inc (IDTI)

CashFlow / Quarterly

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	Sep'09	Jun'09
Cash flows from operating activities:
Net income (loss)
21,606	35,500	30,720	20,711	-68,241	18,680	16,714	30,209	34,735	24,591	20,947	81,611	32,545	42,423	38,158	39,266	18,358	14,442	21,843	29	6,948	83,651	-2,264	-10,627	-5,157	-73	-4,315	12,752	-6,193	46,747	5,154	30,870	8,144	20,224	10,413	-629	-7,367	60,540	-14,121
Adjustments:
Depreciation
6,994	6,920	6,586	9,066	6,222	7,057	6,116	5,890	4,748	5,036	5,156	5,290	4,408	4,184	4,464	4,251	4,193	4,651	5,713	4,964	5,230	5,235	5,471	5,352	5,136	4,923	4,678	4,627	4,621	4,910	4,660	4,420	4,468	4,504	4,594	4,770	5,378	5,940	6,030
Amortization of Intangible Assets
11,333	10,670	10,097	14,726	10,374	9,890	11,736	5,340	6,464	5,753	6,096	9,726	3,177	1,620	831	1,001	1,347	1,677	2,548	11,999	4,234	4,239	4,321	5,402	4,677	5,577	4,890	4,360	4,006	3,928	4,195	5,016	4,989	5,003	4,924	4,943	4,803	6,108	5,219
Amortization of debt issuance costs and debt discount
3,913	3,866	3,820	3,775	3,730	3,685	3,641	3,392	3,351	3,309	3,268	3,190	2,164	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other-than-temporary impairment loss on investment
841	0	2,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-251	-149	0	2,002
Assets impairment
-	-	-	-	-	-	-	-	1,310	0	870	-	0	0	0	-	0	0	8,471	-	4,797	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain from divestitures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	16,840	-	-3,415	82,349	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	0	0	0	325	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense, net of amounts capitalized in inventory
37,470	15,637	15,063	12,435	13,579	12,949	11,820	10,267	9,906	9,181	10,515	8,247	9,462	8,581	7,835	5,697	5,897	5,652	5,013	2,506	3,368	2,492	4,986	3,966	2,774	3,250	3,282	4,221	4,425	4,029	4,120	3,322	4,513	3,985	4,709	4,333	4,163	3,918	4,260
Deferred income tax
-2,155	748	3,704	6,285	70,172	-4,527	-3,023	-3,290	-3,999	748	-4,046	-63,130	-4,481	208	126	-343	-44	47	47	152	-157	-8	5	810	-5	-29	-4,268	41	51	-51	49	46	2	69	3	-189	86	69	92
Excess tax benefit from stock-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	45	102	460	0	0	-	-	-	-	-	-	-	-
Changes in assets and liabilities, net of acquisitions:
Accounts receivable, net
-9,496	6,428	3,234	-922	4,013	2,151	-582	8,051	-767	1,462	7,901	9,959	-8,074	-7,022	6,777	-12,676	-1,143	5,379	3,154	3,130	-5,717	5,844	3,564	-340	-8,706	6,851	-288	2,187	-18,018	-4,026	-1,332	12,718	-5,189	10,174	-5,698	19,760	-2,191	-7,298	3,555
Inventories
4,955	-5,151	-2,505	4,810	198	-6,858	-253	7,306	1,021	-1,182	-8,006	-1,273	-9,046	1,260	-2,660	4,424	3,322	-8,220	-3,938	-3,686	-1,142	1,714	179	-28,804	1,448	19,208	-7,362	-6,654	-1,172	6,099	6,529	5,680	8,228	-638	2,010	-53,804	10,103	10,407	7,050
Prepayments and other assets
-2,566	206	2,625	-2,917	-636	-873	-239	-299	-457	138	118	1,827	-2,179	-1,720	-633	1,483	2,555	-371	-1,330	438	-443	-1,031	-3,312	-9,592	647	-6,174	-802	1,523	2,072	-676	-2,282	-363	5,561	-12,025	5,019	-7,133	1,356	1,923	1,168
Accounts payable
6,829	7,897	-6,008	-1,573	2,977	-2,103	-5,530	1,842	4,687	2,208	-4,803	9,359	-6,357	9,549	-6,024	1,596	-462	3,294	-2,114	2,532	-4,754	148	1,930	1,406	-3,787	863	-1,645	-427	-5,848	-1,614	-4,265	2,878	-929	-3,163	2,192	2,053	-1,888	2,430	5,636
Accrued compensation and related expenses
6,597	11,221	-15,324	9,947	3,425	7,078	-6,226	2,640	-1,360	2,761	-22,936	-7,885	10,729	3,684	-19,840	5,700	9,493	5,204	-1,091	1,798	1,614	-3,064	1,499	-2,570	599	-5,066	104	-6,681	1,110	1,595	-1,791	2,567	-2,191	8,108	1,873	6,067	-3,025	1,417	-2,652
Deferred income on shipments to distributors
0	0	0	-3,521	698	605	233	-3,554	-1,686	-5,060	5,279	-1,517	-2,953	1,096	-5,314	450	-253	1,371	120	632	-192	-396	-577	417	-831	2,092	-1,923	176	-1,946	1,298	1,882	-2,619	-3,607	-1,456	1,774	-744	2,497	-109	-1,767
Income taxes payable and receivable
-2,022	-1,495	-1,937	-3,206	27,489	3,656	917	110	135	-249	235	4,533	-249	216	-37	442	-243	149	-258	17	419	-181	-1,143	729	174	72	-46	174	129	-647	1,783	-20,860	492	53	839	-1,777	-492	2,543	1,022
Other accrued liabilities and long-term liabilities
-410	5,848	-1,074	-562	-2,411	1,086	-2,499	-3,301	-6,305	4,861	9,684	-932	754	-1,531	-3,302	-4,156	7,815	5,913	-1,446	-90	-5,552	4,447	109	-2,758	-2,396	-892	1,955	-4,951	-5,447	-4,840	2,045	-3,586	-2,112	2,538	-5,654	-1,119	-2,583	7,158	217
Net cash provided by operating activities
100,011	95,329	44,293	69,124	64,443	63,636	34,973	34,487	51,514	52,721	30,252	33,504	68,498	77,512	13,088	60,673	41,367	45,612	24,120	27,364	26,672	7,687	13,906	8,042	11,275	13,638	11,119	-2,855	13,696	8,019	14,917	2,532	5,169	39,692	26,998	6,900	15,152	12,299	17,711
Cash flows from investing activities:
Business acquisitions, net of cash acquired
0	0	0	0	0	0	237,716	0	0	1,528	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	28,046	40,295	0	1,957	0	0	0	0	0	6,247	20,518	0	58,507	5,975
Cash in escrow related to acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,026	0	0	6,000	0	-15,632	0	3,116	4,700	0	0	0	0	0	-640	0	1,800	0	0	0	0
Proceeds from divestitures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	15,300	0	200	96,099	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property, plant and equipment, net
8,588	8,835	8,459	8,582	8,487	7,097	8,434	5,667	8,466	5,897	7,025	3,745	4,451	4,482	3,608	5,347	3,670	3,995	4,753	2,959	3,962	6,546	3,981	5,843	4,748	7,973	9,290	5,479	3,595	5,116	8,206	4,931	-1,922	4,117	5,384	3,042	3,594	3,274	3,017
Purchases of intangible assets
1,382	2,267	778	0	3,322	0	259	0	4,746	0	150	0	900	9,900	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of short-term investments
49,996	9,618	3,478	45,837	70,422	81,029	47,689	47,559	44,161	118,875	93,127	50,783	124,033	94,753	94,460	122,525	52,192	64,441	46,659	155,754	52,338	139,496	115,695	67,661	47,765	45,088	47,062	42,516	139,662	120,094	190,400	97,331	102,254	127,969	119,478	116,674	63,863	75,261	69,712
Proceeds from sales of short-term investments
76,934	2,030	2,425	56,875	15,716	62,719	14,568	118,499	20,176	50,290	35,063	84,399	357,005	47,688	62,197	42,222	19,965	25,895	30,988	204,941	-57,252	9,174	75,027	27,454	5,234	11,334	15,828	1,423	74,322	110,668	109,495	5,848	23,369	3,811	9,585	-76,619	51,927	37,850	40,477
Purchases of non-marketable equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	500	0	2,000	1,000	0	0	0
Proceeds from maturities of short-term investments
8,103	14,017	24,419	29,804	12,376	9,891	11,401	14,903	5,439	7,352	9,985	16,076	31,921	19,247	29,527	26,046	32,003	13,353	18,942	-78,084	96,432	6,353	9,721	40,887	46,132	39,320	45,370	54,809	47,866	34,843	63,225	111,095	127,720	102,837	87,761	160,044	4,079	-4,321	48,837
Net cash provided by (used in) investing activities
25,071	-5,623	14,129	30,760	-55,480	-38,472	-268,129	78,931	-31,527	-70,613	-55,254	41,947	-18,916	-42,200	-6,344	-59,604	-7,894	-29,188	14,844	-31,856	-16,920	-28,416	-34,928	4,074	-1,147	-28,569	-40,149	26,809	-25,407	71,971	-25,886	11,681	50,897	-25,438	-37,563	-57,809	-2,017	-3,513	10,610
Cash flows from financing activities:
Proceeds from issuance of common stock
28	3,974	5,415	4,957	2,689	1,945	3,209	3,426	3,781	4,940	5,361	3,206	6,772	2,515	7,229	6,245	4,390	4,211	6,221	15,177	6,144	17,026	7,719	6,566	4,691	3,121	3,017	5,149	3,460	2,823	4,856	5,521	4,393	2,365	3,017	2,478	2,631	2,225	2
Repurchases of common stock
37,703	38,148	49,338	100,498	26,499	23,486	34,826	20,026	19,098	23,820	30,563	78,046	267,191	46,438	30,587	16,561	13,532	18,410	30,742	23,629	20,376	0	0	-	-	-	-	5,011	14,996	23,653	23,812	10,687	41,392	31,372	24,156	21,027	3,343	0	0
Payment of capital lease obligations
253	132	449	334	348	387	200	324	469	231	483	221	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Senior Long-term Debt
0	0	0	0	0	0	194,252	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Senior Debt
0	495	495	500	500	500	500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of contingent consideration
0	2,040	750	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of acquisition related contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,600	-	429	1,371	3,330	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	45	102	460	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-37,928	-36,841	-45,617	-96,375	-24,658	-22,428	161,935	-16,924	-15,786	-19,111	-25,685	-25,828	11,493	-43,923	-23,358	-10,316	-9,142	-14,199	-26,121	-8,452	-14,661	15,655	4,389	6,521	4,691	3,121	3,062	240	-11,076	-20,830	-18,956	-3,451	-37,227	-29,007	-21,139	-16,725	-712	2,225	2
Effect of exchange rates on cash and cash equivalents
-560	-291	-1,607	564	598	628	1,200	735	-1,748	-110	-559	616	360	-973	810	-1,595	-1,564	-1,589	330	-473	-134	750	-209	-602	112	905	-180	316	-190	-762	238	560	127	892	-569	-555	-168	354	736
Net increase (decrease) in cash and cash equivalents
86,594	52,574	11,198	4,073	-15,097	3,364	-70,021	-	-	-	-51,246	50,239	61,435	-9,584	-15,804	-10,842	22,767	636	13,173	-13,417	-5,043	-4,324	-16,842	18,035	14,931	-10,905	-26,148	24,510	-22,977	58,398	-29,687	11,322	18,966	-13,861	-32,273	-68,189	12,255	11,365	29,059
Cash held for sale
-	-	-	-	-	-	-	-	-	-	-1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to property, plant and equipment included in accounts payable
259	137	524	693	205	-770	1,879	-414	2,565	-292	757	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to intangible assets included in accounts payable and other accrued liabilities
-733	12,390	215	515	-3,322	4,768	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of partially vested employee equity awards related to pre-combination services that were assumed as part of the business acquisition
0	0	0	0	0	0	3,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-