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

2,879

3,341

395

2,667

4,615

5,677

3,879

1,304

-1,363

-2,098

-7,594

-8,266

-6,298

-6,378

3,010

4,040

3,396

4,954

4,439

5,043

7,123

6,304

6,534

4,555

3,895

4,776

0

0

0

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-51,532

-54,335

-54,464

-55,937

0

0

0

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

2,704

2,697

2,686

2,734

2,791

2,739

2,642

2,493

3,241

3,207

3,206

2,986

2,054

1,903

1,775

1,845

1,764

1,760

1,774

1,815

1,791

1,792

1,776

1,733

1,690

1,647

1,643

1,663

1,735

1,707

1,643

1,592

1,486

1,483

0

0

0

Amortization of intangible assets

3,852

4,011

4,244

4,501

4,762

5,032

6,178

7,301

8,419

9,514

9,050

8,060

7,060

5,966

5,387

5,327

5,319

5,323

5,405

5,475

5,562

5,581

5,599

5,634

5,610

5,827

6,176

6,527

6,877

7,150

7,577

8,285

8,994

9,551

0

0

0

Deferred tax expense (benefit) from stock issuances

482

205

122

65

-166

-202

-134

-108

242

333

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off of deferred financing costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax expense from stock issuances

-

-

-

-

-

-

-

-

-

-

-

-

-

-147

-3

118

108

310

126

37

124

346

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

562

610

621

679

737

761

745

768

803

884

911

728

543

302

164

149

141

141

146

153

153

153

152

152

169

214

127

158

422

350

494

523

259

360

0

0

0

Stock-based compensation

9,698

9,589

9,782

9,910

10,117

9,862

9,286

8,575

7,518

7,439

7,250

7,242

7,559

7,047

6,589

6,139

5,611

5,049

4,678

4,120

3,408

3,107

2,436

3,708

3,488

3,385

3,624

2,162

2,605

2,797

2,937

3,040

2,956

3,143

0

0

0

Change in fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-210

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provisions for accounts receivable

-75

75

468

92

18

231

454

552

536

351

448

99

334

34

-8

341

72

174

107

-125

-10

-100

54

218

170

49

-132

-45

-130

297

286

219

553

588

0

0

0

Deferred tax provision (benefit)

1,412

885

72

328

53

-241

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax provision (benefit)

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-2,631

-

-1,987

-2,075

-1,984

-1,789

-1,679

-1,065

-1,270

-1,814

-1,705

-2,216

-2,501

-2,643

-8,732

-8,434

-10,254

-11,003

0

0

0

Loss on disposal of fixed assets

-

-3

-38

-42

-63

-66

-28

-33

-32

-19

0

0

0

-

-

-2

-3

-3

-7

0

-15

-19

-55

-67

-55

-66

-26

-34

-33

-22

-37

-26

-4

-3

0

0

0

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

-3,395

1,363

6,800

9,278

10,772

4,488

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

10,697

2,584

-1,971

-2,068

3,357

3,288

2,648

7,506

-1,859

-4,395

-1,826

2,321

-1,722

2,551

967

-897

3,338

2,094

-1,172

-931

-4,607

-2,387

8,506

6,238

0

0

0

Prepaid expense and other assets

-251

-1,488

-1,919

-2,386

-1,711

-885

109

-116

-1,977

-1,545

-2,430

-1,327

179

714

624

1,329

1,220

1,820

2,501

1,702

1,121

456

287

234

470

495

302

343

1,505

1,071

1,039

464

-5,426

-1,401

0

0

0

Accounts payable

-313

243

559

444

944

879

-414

-893

-109

-2,381

236

-851

-818

1,732

751

475

2,297

-612

-1,193

-666

-949

1,121

-264

14

-595

-48

1,929

2,894

2,935

1,953

-70

1,344

-1,080

-236

0

0

0

Contract liabilities

-507

-1,253

-790

-1,223

-2,363

-471

-1,272

-2,267

-899

-387

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

1,409

224

-1,202

-1,263

-372

-1,001

252

305

953

710

760

1,075

292

377

230

-164

-951

-762

-1,461

-477

593

0

0

0

Debt issuance costs

-

-

-

-

-

-

-

-

-

38

2,966

2,966

2,966

2,730

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-711

-94

466

-1,142

-2,005

-1,958

-2,023

623

780

-631

1,835

790

3,164

3,687

6,320

7,213

2,067

3,016

-1,441

-2,086

-4,880

-7,523

-4,220

-1,706

5,245

7,890

6,417

3,764

2,062

1,585

-5,563

-558

-1,488

-4,531

0

0

0

Net cash provided by operating activities

23,766

20,437

13,776

12,561

10,861

19,128

19,325

16,918

18,669

11,444

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,934

-

10,641

15,072

11,627

7,007

12,881

10,947

18,049

23,055

18,638

14,864

13,685

10,730

9,659

13,858

5,103

871

0

0

0

Cash flows from investing activities
Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

55,187

0

0

0

-

-

-

-

890

0

0

0

-

-

-

-

-

-

-

-

13,684

0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

103

-54

-3

16

30

203

125

119

310

136

160

155

2

3

1

-1

1

50

50

52

-5,699

0

0

0

Purchase of furniture, fixtures and equipment

1,742

1,922

1,511

1,316

1,333

3,999

4,502

5,047

5,309

3,169

2,725

2,622

2,655

2,359

2,225

1,899

1,671

1,378

1,525

1,716

1,767

2,170

2,023

2,094

2,168

1,901

1,907

1,746

1,501

1,823

2,084

2,037

2,207

1,690

0

0

0

Net cash used in investing activities

-1,742

-1,922

-1,511

-1,316

-1,333

-3,999

-4,502

-5,047

-6,198

-4,058

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,668

-

-2,265

-1,841

-2,813

-3,370

-3,049

-3,144

-2,286

-1,903

-1,910

-1,747

-1,524

-1,848

-2,159

-2,111

-2,378

-9,655

0

0

0

Cash flows from financing activities
Principal payments on borrowings

-

17,250

9,751

9,751

11,888

10,637

9,963

12,283

9,469

8,540

7,151

3,330

5,671

4,850

5,413

5,462

2,309

2,591

2,872

3,104

3,375

3,375

5,047

5,048

59,166

60,822

60,056

60,962

7,750

7,000

6,250

5,500

4,750

6,000

0

0

0

Proceeds from issuance of employee stock purchase plan shares

651

703

757

811

820

824

820

808

731

672

611

572

556

561

585

587

581

581

606

614

592

576

513

450

405

382

365

355

343

334

338

347

339

322

0

0

0

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-137

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt financing costs

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Installment payment for acquisitions

-

-

-

-

-

-

-

-

-

543

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,189

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments related to tax withholding for stock-based compensation

2,555

3,094

2,916

3,102

3,206

2,927

2,779

2,643

2,429

2,210

2,298

2,481

1,696

1,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax expense from stock issuances

-

-

-

-

-

-

-

-

-

-

-

-

-

-147

-3

118

108

310

126

37

124

346

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities repurchased

5,484

3,428

3,160

3,507

3,450

3,063

2,879

2,656

2,602

2,853

2,977

3,247

11,795

11,565

12,288

13,259

3,348

3,381

3,553

3,682

5,286

5,320

5,402

5,587

4,741

4,055

3,251

1,850

1,155

1,513

0

0

0

-

-

-

-

Net cash used in financing activities

-17,874

-18,934

-10,935

-19,914

-25,924

-24,003

-23,001

-18,046

-16,434

-16,139

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-361

-65

-638

-364

-1,106

-915

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,705

-

-13,865

-14,307

-14,767

-9,406

-10,870

-10,489

-7,990

-9,398

-8,121

-8,202

-10,562

-10,179

-9,715

-9,316

-6,320

-6,903

0

0

0

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

-

-

-

-

-189

-649

-274

-632

205

-1,442

-1,863

-2,690

-3,022

-1,654

-906

575

201

-168

-17

-69

-356

327

85

-1,134

-377

-145

0

0

0

Net decrease in cash, cash equivalents, and restricted cash

3,789

-484

692

-9,033

-17,502

-9,789

-8,718

-6,027

-2,383

-6,468

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

16,650

4,852

2,959

766

-9,827

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

8,590

4,846

1,243

-970

-2,130

1,297

-3,972

-15,832

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,294

0

0

0

-

0

0

0

-

-

0

0

-

-

-

-

Issuance of convertible debt for acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,250

0

0

0

Issuance of treasury stock for vested restricted stock awards

0

-

-

-

-

5,188

5,814

5,204

6,827

7,100

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of treasury stock for vested restricted stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

0

0

-

-

-

-