Imperva inc (IMPV)
CashFlow / Quarterly
Sep'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 income (loss)

1,058

-23,059

-9,781

3,646

-370

-3,490

23,083

-9,818

-11,738

-24,716

-24,007

-5,781

-5,747

-17,324

-20,030

-12,496

-13,618

-15,438

-17,624

-10,171

-3,920

-6,045

-6,195

-862

-1,991

-1,665

-3,374

-1,627

-2,869

-3,025

-3,337

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

0

8

16

-19

0

4

87

-52

17

-44

Net cash provided by operating activities

-

-

22,502

-

-

-

18,496

8,852

9,848

-2,188

5,982

8,679

10,541

-2,157

6,804

5,213

2,546

-6,809

3,176

7,548

-4,648

-796

7,693

-

-

-

-

-

-

-

-

Depreciation and amortization

2,513

3,085

3,111

3,077

2,837

2,567

2,376

2,381

2,146

1,653

1,308

1,214

1,153

1,128

1,056

965

925

888

800

707

666

643

626

529

462

439

411

417

403

352

368

Amortization of deferred costs

1,553

1,270

1,041

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

11,981

11,313

14,637

10,082

11,471

11,507

13,610

17,139

12,977

17,104

15,655

12,163

11,662

14,593

12,546

11,167

10,775

8,665

6,666

12,636

3,413

3,592

2,853

2,372

1,762

1,166

668

573

578

293

283

Amortization of acquired intangibles

644

132

132

132

133

132

317

352

352

352

352

352

352

352

352

352

351

362

204

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of premiums/accretion of discounts on short-term investments

-33

-517

387

81

-160

13

91

-94

-33

25

-136

-98

-138

-168

-92

-98

-101

-108

-109

-92

-164

-197

-186

-

-

-

-

-

-

-

-

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

7

15

10

4

225

-17

0

-43

365

20

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of business

0

0

0

0

0

0

35,871

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful debts

-

-

-

-

-

-

-

-

-

-

-

-

-

-218

-65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other adjustments

-101

735

34

-209

165

-609

-646

390

-37

-56

-172

0

47

-161

114

-

-

0

-1

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Amortization of premiums/accretion of discounts on short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

121

76

-

-

-

-

Accounts receivable, net

-3,513

11,089

-16,317

15,731

471

14,451

-17,689

16,869

1,823

309

-17,481

19,565

1,118

6,938

-14,016

11,909

1,933

5,028

-15,870

7,792

9,565

2,788

-11,277

8,857

3,531

3,732

-6,280

10,283

2,462

2,479

-2,652

Inventory

-4

88

-439

154

131

-82

-110

56

-66

-19

45

373

-51

438

296

-100

35

-369

181

-29

173

53

-13

15

-70

58

-117

-45

3

-58

155

Deferred costs

4,435

6,480

3,626

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

929

-3,016

1,529

1,165

-70

-46

910

166

-268

-1,090

809

2,460

765

480

515

304

494

-1,097

-110

507

250

-194

598

1,040

341

779

14

-64

-82

-555

796

Accounts payable

42

-1,192

497

743

1,273

-1,097

-804

691

481

-268

-2,302

1,941

456

392

-1,812

1,915

163

-336

-592

893

-718

990

-1,006

59

1,310

0

-1,114

960

1,163

-1,357

253

Accrued compensation and benefits

754

-2,208

1,963

1,216

355

1,361

2,265

-183

4,677

-3,973

-3,064

3,939

-1,201

3,040

-1,268

2,132

1,382

-286

-598

1,125

1,197

548

802

-849

1,650

1,891

-925

895

449

861

-582

Accrued and other liabilities

1,876

7,556

-399

-851

2,387

673

1,169

1,663

724

-40

-169

2,055

191

917

79

1,627

308

-357

269

-60

244

324

-714

1,290

-91

863

-1,359

341

-731

-708

476

Severance pay (net)

-631

498

214

-198

10

-49

295

-43

-13

17

311

-340

427

-7

-64

51

-192

46

188

-48

81

46

-111

474

-4

25

-326

104

0

-9

-35

Deferred revenue

-

18,258

700

-

-

9,001

-3,869

13,791

1,733

6,762

1,398

15,366

5,177

2,431

2,508

12,228

4,805

3,115

-2,025

10,404

4,345

1,654

358

7,993

1,825

1,322

2,226

7,364

1,109

1,305

1,929

Deferred tax assets

-22

-1,866

861

-880

89

1,366

227

449

25

63

95

-175

-18

48

-4

348

-27

14

19

-230

-2

6

12

-

-

-

15

123

-36

-42

76

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,284

-442

3,299

-1,481

-2,160

-3,990

1,094

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales/maturities of short-term investments

39,127

20,905

11,704

51,089

15,540

22,402

28,521

17,537

20,585

11,422

22,909

13,227

1,552

1,001

18,168

0

16,236

0

13,585

5,921

6,880

11,730

17,631

9,377

4,618

1,385

925

345

396

1,344

526

Purchase of short-term investments

2,086

41,998

9,255

39,094

22,427

18,321

51,130

22,586

30,336

50,782

26,285

14,227

11,374

41,182

22,843

6,368

15,284

1,409

10,206

8,196

2,799

8,626

18,400

7,414

9,488

6,353

34,903

1,960

0

621

367

Proceeds from sale of business

0

0

0

0

0

0

35,015

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net purchases of property and equipment

2,281

651

2,792

4,089

3,289

4,597

1,949

2,836

5,690

4,837

3,426

4,042

1,203

1,844

991

1,927

849

1,127

1,718

849

551

691

511

1,572

873

641

244

429

327

329

380

Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

12,083

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

50

50

300

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

218

2

-2

-10

5

-3

4

11

118

-23

346

0

0

1

-64

5

87

3

1

-100

-1

550

-4

-705

Net cash used in investing activities

-83,747

-21,744

-343

7,522

-10,176

-516

10,457

-12,017

-15,443

-44,195

-6,792

-5,047

-11,022

-42,029

-5,677

-8,413

126

-2,882

-10,422

-3,124

3,529

2,477

-1,285

304

-5,796

-5,660

-34,422

-2,043

-481

398

484

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock, net of repurchases

804

4,702

5,293

4,305

3,065

7,699

4,026

3,127

2,424

5,092

590

10,856

2,879

8,171

1,618

5,620

409

2,046

2,471

2,894

1,781

2,265

628

2,071

1,052

985

103

-

-

-

-

Shares withheld for tax withholding on vesting of restricted stock units

2,398

1,082

5,671

1,425

1,596

1,989

4,632

2,311

2,566

1,602

2,352

4,243

3,019

2,065

2,137

490

290

112

1,182

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-1,594

3,620

-378

2,880

1,469

5,710

-606

881

-157

3,368

-8,923

6,718

-123

6,105

127,378

5,495

139

1,934

1,289

1,642

1,781

2,265

628

2,090

1,053

984

103

86,654

1,199

224

-221

Proceeds from follow-on public offering, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

0

0

-1

127,854

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Settlement of holdback liability

-

-

-

-

-

-

-

0

0

0

7,157

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

224

280

Repayments of revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,000

0

0

501

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

7

15

10

4

225

-17

0

-43

365

20

0

0

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

2

-

-

-

646

-390

37

56

172

-47

-16

164

-115

0

0

0

0

-2

-43

-79

-83

13

72

5

-37

-130

-44

93

19

NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

-52,993

-5,099

21,783

28,301

16,656

11,245

28,993

-2,674

-5,715

-42,959

-9,561

10,303

-620

-37,917

128,390

2,295

2,811

-7,757

-5,957

6,064

619

3,867

6,953

2,733

-3,387

-5,113

-31,057

83,000

-1,486

-3,275

1,376

NONCASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued related to acquisitions of businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

1

24,163

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment acquired but not yet paid

82

1,376

233

-1,475

600

315

2,205

279

-2,080

-1,346

3,721

385

45

-82

169

820

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Vesting of restricted and early exercised stock options

-

-

-

-

-

-

-

-

-

-

-

0

713

27

27

27

27

200

200

201

200

200

200

200

401

140

140

-

-

-

-