Information services group inc. (III)
CashFlow / Quarterly
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'11
Cash flows from operating activities
Net loss

-1,360

2,094

1,731

414

-898

-852

4,003

2,362

164

-2,650

1,428

-305

-571

-8,146

756

1,663

-651

1,242

1,786

1,019

907

727

2,390

3,099

88

957

411

2,439

969

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

210

816

-572

-51,986

-2,593

687

-2,045

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense

687

675

670

672

680

664

718

729

628

567

569

1,477

594

566

349

545

443

438

419

464

439

452

460

440

440

436

417

397

397

432

437

469

369

368

386

363

366

Amortization of intangible assets

845

1,002

1,002

1,003

1,004

1,235

1,259

1,264

1,274

2,381

2,382

2,382

2,369

1,917

1,392

1,382

1,275

1,338

1,332

1,374

1,279

1,420

1,402

1,461

1,298

1,438

1,437

1,437

1,515

1,787

1,788

1,787

1,788

2,214

2,496

2,496

2,345

Deferred tax expense (benefit) from stock issuances

274

33

57

118

-3

-50

0

-113

-39

18

26

237

52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off of deferred financing costs

167

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax expense from stock issuances

-

-

-

-

-

-

-

-

-

-

-

-

-

-37

-96

-5

-9

107

25

-15

193

-77

-64

72

415

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

126

150

148

138

174

161

206

196

198

145

229

231

279

172

46

46

38

34

31

38

38

39

38

38

38

38

38

55

83

-49

69

319

11

95

98

55

112

Stock-based compensation

2,419

2,439

2,456

2,384

2,310

2,632

2,584

2,591

2,055

2,056

1,873

1,534

1,976

1,867

1,865

1,851

1,464

1,409

1,415

1,323

902

1,038

857

611

601

367

2,129

391

498

606

667

834

690

746

770

750

877

Change in fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

69

-260

16

-35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provisions for accounts receivable

29

-663

425

134

179

-270

49

60

392

-47

147

44

207

50

-202

279

-93

8

147

10

9

-59

-85

125

-81

95

79

77

-202

-86

166

-8

225

-97

99

326

260

Deferred tax provision (benefit)

523

817

-607

679

-4

4

-351

404

-298

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax provision (benefit)

-

-

-

-

-

-

-

-

-

-

-478

-515

-1,345

-

-302

-465

-500

-

-770

-551

173

-839

-858

-460

368

-729

-244

-665

-176

-620

-755

-950

-318

-6,709

-457

-2,770

-1,067

Loss on disposal of fixed assets

-

1

0

29

-33

-34

-4

8

-36

4

-9

9

-23

-

-

0

-1

-1

0

-1

-1

-5

7

-16

-5

-41

-5

-4

-16

-1

-13

-3

-5

-16

-2

19

-4

Changes in operating assets and liabilities:
Accounts receivable and contract assets

-4,561

-6,727

1,120

6,773

197

-1,290

3,598

8,267

-6,087

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

4,898

8,855

-3,329

273

-3,215

4,300

-3,426

5,698

-3,284

3,660

1,432

-3,667

-5,820

6,229

5,579

-7,710

-1,547

4,645

3,715

-3,475

-2,791

1,379

3,956

-7,151

-571

12,272

1,688

Prepaid expense and other assets

454

-480

59

-284

-783

-911

-408

391

43

83

-633

-1,470

475

-802

470

36

1,010

-892

1,175

-73

1,610

-211

376

-654

945

-380

323

-418

970

-573

364

744

536

-605

-211

-5,146

4,561

Accounts payable

1,094

54

806

-2,267

1,650

370

691

-1,767

1,585

-923

212

-983

-687

1,694

-875

-950

1,863

713

-1,151

872

-1,046

132

-624

589

1,024

-1,253

-346

-20

1,571

724

619

21

589

-1,299

2,033

-2,403

1,433

Contract liabilities

-2,000

931

427

135

-2,746

1,394

-6

-1,005

-854

593

-1,001

363

-342

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

2,817

75

-508

-975

1,632

-1,351

-569

-84

1,003

-98

-516

564

760

-48

-201

-219

845

-195

-595

-1,006

1,034

-894

389

64

Debt issuance costs

-

-

-

-

-

-

-

-

-

0

0

0

38

2,928

0

0

-198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-2,304

-103

-716

2,412

-1,687

457

-2,324

1,549

-1,640

392

322

1,706

-3,051

2,858

-723

4,080

-2,528

5,491

170

-1,066

-1,579

1,034

-475

-3,860

-4,222

4,337

2,039

3,091

-1,577

2,864

-614

1,389

-2,054

-4,284

4,391

459

-5,097

Net cash provided by operating activities

4,607

14,635

5,220

-696

1,278

7,974

4,005

-2,396

9,545

8,171

1,598

-645

2,320

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,925

-

4,191

-516

-2,196

9,162

8,622

-3,961

-6,816

15,036

6,688

3,141

-1,810

10,619

2,914

1,962

-4,765

9,548

7,113

-6,793

-8,997

Cash flows from investing activities
Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

53,325

0

1,418

444

-

-

-

-

0

0

927

-37

-

-

-

-

-

-

-

-

0

0

139

13,545

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

159

5

-8

-53

2

56

11

-39

175

-22

5

152

1

2

0

-1

2

0

-2

1

51

0

0

-5,750

Purchase of furniture, fixtures and equipment

173

807

441

321

353

396

246

338

3,019

899

791

600

879

455

688

633

583

321

362

405

290

468

553

456

693

321

624

530

426

327

463

285

748

588

416

455

231

Net cash used in investing activities

-173

-807

-441

-321

-353

-396

-246

-338

-3,019

-899

-791

-1,489

-879

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-974

-

-955

-416

-251

-643

-531

-1,388

-808

-322

-626

-530

-425

-329

-463

-307

-749

-640

-415

-574

-8,026

Cash flows from financing activities
Principal payments on borrowings

-

9,562

2,063

2,062

3,563

2,063

2,063

4,199

2,312

1,389

4,383

1,385

1,383

0

562

3,726

562

563

611

573

844

844

843

844

844

2,516

844

54,962

2,500

1,750

1,750

1,750

1,750

1,000

1,000

1,000

3,000

Proceeds from issuance of employee stock purchase plan shares

123

128

146

254

175

182

200

263

179

178

188

186

120

117

149

170

125

141

151

164

125

166

159

142

109

103

96

97

86

86

86

85

77

90

95

77

60

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-146

0

0

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt financing costs

934

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,383

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Installment payment for acquisitions

-

-

-

-

-

-

-

-

-

0

1

-1

543

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,189

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments related to tax withholding for stock-based compensation

618

362

161

1,414

1,157

184

347

1,518

878

36

211

1,304

659

124

394

519

663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax expense from stock issuances

-

-

-

-

-

-

-

-

-

-

-

-

-

-37

-96

-5

-9

107

25

-15

193

-77

-64

72

415

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities repurchased

3,367

452

0

1,665

1,311

184

347

1,608

924

0

124

1,554

1,175

124

394

10,102

945

847

1,365

191

978

1,019

1,494

1,795

1,012

1,101

1,679

949

326

297

278

254

684

-

-

-

-

Net cash used in financing activities

-4,796

-10,248

-578

-2,252

-5,856

-2,249

-9,557

-8,262

-3,935

-1,247

-4,602

-6,650

-3,640

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-397

368

-407

75

-101

-205

-133

-667

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,145

-

-1,800

-3,598

-6,693

-1,774

-2,242

-4,058

-1,332

-3,238

-1,861

-1,559

-2,740

-1,961

-1,942

-3,919

-2,357

-1,497

-1,543

-923

-2,940

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

-

-

-

-

795

-670

81

-395

335

-295

-277

442

-1,312

-716

-1,104

110

56

32

377

-264

-313

183

325

-551

370

-59

-894

206

602

Net decrease in cash, cash equivalents, and restricted cash

-759

3,948

3,794

-3,194

-5,032

5,124

-5,931

-11,663

2,681

6,195

-3,240

-8,019

-1,404

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

15,352

3,052

-1,895

141

3,554

1,159

-4,088

-10,452

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,900

-

4,578

788

-5,288

8,512

834

-2,815

-7,501

7,352

4,261

-8,084

-19,361

Supplemental disclosures of cash flow information:
Non-cash investing and financing activities:
Issuance of treasury stock for vested restricted stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

689

71

214

1,320

-

123

112

411

-

-

59

417

-

-

-

-

Issuance of convertible debt for acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,250

Issuance of treasury stock for vested restricted stock awards

2,196

-

-

-

-

37

1,087

2,579

1,485

663

477

4,202

1,758

-

1,134

2,086

1,753

-

450

604

2,571

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of treasury stock for vested restricted stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

71

214

1,320

-

123

112

411

-

-

59

417

-

-

-

-