Internap Corp INAP Cash Flow

Internap corp (INAP)

CashFlow / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	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
Cash Flows from Operating Activities:
Net loss
-76,163	-23,849	-18,535	-19,622	-17,104	-15,454	-14,256	-14,261	-5,789	-10,864	-19,283	-8,230	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,692	-9,644	-	-14,197	-12,534	-10,442	-8,257	-9,376	-11,186	-10,675	-10,450	-4,035	-3,702	-1,643	21	-2,449	-1,997	107	4,198	-1,788	-2,612	-1,500	-430	-1,661	-1,271	-260
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
19,998	21,582	21,955	22,178	20,994	23,552	22,712	21,158	15,833	20,917	18,934	17,745	19,021	19,597	19,217	19,113	25,251	24,630	22,566	20,208	21,861	20,914	19,468	18,926	15,430	13,538	12,743	11,437	10,864	11,063	9,844	9,094	11,333	10,521	9,644	8,928	8,644	8,580	7,992	8,753
Loss (gain) on disposal of property and equipment
-	13	47	-528	-	69	75	-46	-	-503	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-	-1	4	16	-	-	-11	-73	-	12	-18	-1
Amortization of debt discount and issuance costs
1,289	1,563	1,449	1,097	1,286	1,086	1,074	638	419	598	577	715	653	648	711	522	519	508	500	490	493	489	480	472	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense, net of capitalized amount
1,165	1,173	1,011	890	1,105	1,341	1,374	858	979	929	534	598	280	1,253	1,542	1,922	2,581	2,436	2,185	1,579	1,507	1,778	1,956	1,941	1,658	1,707	1,741	1,637	1,476	1,363	1,615	1,404	993	1,090	989	911	1,080	1,115	1,445	991
Equity in earnings of equity-method investment
-	-	-	-	-	-	-	-	-	1,121	56	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of equity-method investment
-	-	-	-	-	-	-	-	-	-	-	-	49	44	41	36	104	11	46	39	61	81	80	37	56	70	61	26	23	37	100	60	-	-	-	-	-	-	-	-
Equity in (earnings) of equity-method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	147	-	128	62	87
Provision for doubtful accounts
270	249	132	248	176	102	272	332	241	288	219	301	191	322	239	341	432	316	206	400	495	634	134	43	784	230	518	329	99	207	547	79	289	313	315	165	165	315	443	330
Non-cash change in finance lease liabilities
1,563	-1,343	-3,372	-148	-2,748	-130	158	213	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash change in capital lease obligations
-	-	-	-	-	-	-	-	-	-306	-187	-71	182	122	-40	-487	270	527	-120	760	-325	-440	325	28	-22	0	0	121	36	122	253	294	-	-	-	-	-	-	-	-
Non-cash change in exit activities and restructuring liability
-1,175	-3,759	-179	-1,226	-1,553	-2,086	-740	-372	-467	-433	-4,411	-980	-3,544	-246	-272	-347	-841	-864	-165	-371	1,595	145	1,243	1,608	264	371	156	394	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash change in exit activities and restructuring liability
-1,175	-3,759	-179	-1,226	-1,553	-2,086	-740	-372	-467	-433	-4,411	-980	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash change in deferred rent
-	-	-	-	-	-	-	-	219	2,136	776	423	662	490	516	484	417	499	387	401	549	646	646	736	536	494	447	430	346	336	631	-240	900	-130	-145	-70	37	21	-178	357
Deferred income taxes
-1,565	-175	-351	-261	197	5	90	-30	146	59	-104	254	167	119	-38	77	-1,785	-2,024	-211	54	-329	-92	-476	-658	-292	124	-36	137	-	-	-	-	-	-	-	-	9	110	55	297
Other, net
-	3	-15	-66	-	-9	236	-233	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt lender fees
-	-	-	-	-	-	-	-	-	-	-	2,583	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-45	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-353	249	-296	96	33	-26	16	-202	-31	-211	-261	242	116	18	-141	-74	263	-246	-94	2	1,034	-245	-47	-167	-39	14	-82	-156	-	-282	-349	12
Changes in operating assets and liabilities:
Accounts receivable
-1,679	-383	-2,827	1,617	-4,631	2,825	3,029	-864	1,012	1,242	611	-2,096	418	-192	-1,165	-537	-1,248	1,812	-77	1,724	275	2,011	-4,273	-936	2,734	-343	3,131	255	-1,868	-639	4,510	-575	-917	802	2,264	-963	-2,133	1,650	225	414
Prepaid expenses, deposits and other assets
-3,221	-1,057	745	-1,043	-2,299	-542	3,606	467	-72	-3,018	1,162	-123	-1,189	3,498	-2,660	-1,946	-263	-1,798	-582	1,544	-4,919	-111	2,511	680	-150	1	764	-397	374	1,109	8	-820	944	5	676	657	990	296	1,138	153
Accounts payable
-3,832	-2,619	2,612	763	-3,609	-1,784	7,575	-636	2,549	-3,975	2,724	-2,247	-3,285	2,584	4,084	-1,815	2,934	414	-510	-7,652	3,114	614	-5,089	1,890	8,606	-875	841	-4,580	4,045	-10,245	1,108	5,505	-10,415	12,335	-156	-6,973	1,096	-2,018	7,622	1,447
Accrued and current other liabilities
1,090	-2,232	-908	-2,238	-1,315	-16	2,319	-2,904	1,668	-1,459	3,330	-180	710	3,302	-2,028	-1,903	-2,344	-308	-651	-903	-4,382	1,991	2,365	439	-4,039	74	-266	-831	1,478	-163	-334	1,323	859	999	-1,019	-1,086	98	517	-19	-1,812
Deferred revenues
-692	-481	-61	-262	603	-632	1,387	-138	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues
-	-	-	-	-	-	-	-	-	-	-	-510	-	-398	-97	191	134	-529	1,409	-256	399	-1,229	934	394	838	560	122	-371	198	475	55	134	-195	-224	-421	-130	-3	-72	-309	-523
Exit activities and restructuring liability
-367	-330	-1,637	-1,903	-2,369	-1,921	-1,287	-1,389	-1,451	-2,261	-1,080	-1,386	-1,229	-776	-775	-804	-859	-672	-679	-663	-1,949	-756	-776	-764	-715	-714	-729	-737	-718	-1,192	-319	-661	-2,295	-536	669	-497	-419	-585	648	-622
Asset retirement obligation
29	55	62	85	45	47	60	-248	-1,016	88	51	52	0	0	0	-174	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
3	57	-25	25	-58	-114	-33	-52	18	10	-2	14	-19	2	8	-43	-44	-1	18	17	85	-97	3	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
4,004	4,578	11,819	2,262	10,960	5,848	14,836	3,697	13,464	3,306	17,370	7,264	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,343	4,603	91	-	4,518	15,370	8,293
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,782	17,815	10,829	13,071	-1,507	17,018	11,930	11,095	13,205	9,934	11,014	7,155	5,580	19,032	-382	6,567	18,525	-	-	-	-	-	-	-	-
Cash Flows from Investing Activities:
Purchases of property and equipment
-	7,635	7,548	8,094	-	6,998	10,020	6,082	-	10,905	6,504	5,789	5,632	12,418	14,032	12,282	14,396	10,610	15,699	14,990	26,051	14,051	12,505	24,756	31,077	11,176	13,636	6,909	18,505	16,949	22,669	16,824	17,633	27,732	10,531	12,646	18,950	14,740	24,586	3,908
Proceeds from disposal of property and equipment
-	172	44	56	-	29	104	437	-	206	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1
Business acquisition, net of cash acquired
0	0	0	0	0	0	-395	132,143	0	-3,838	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of non-controlling interests
-	-	-	973	-	-	-	1,130	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash from acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	74	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to acquired and developed technology
234	64	287	530	1,395	788	1,063	277	100	191	244	200	617	442	370	399	342	310	98	712	1,096	704	563	737	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,500	19,500	19,500
Net cash used in investing activities
-5,415	-7,527	-7,791	-8,568	-16,708	-7,757	-10,584	-138,065	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27,732	-10,531	-12,646	-	-12,028	-20,387	-3,807
Maturities of investments in marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,700	4,200	100
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-6,748	-5,989	-6,249	-12,318	-14,402	-12,681	-14,738	-10,920	-15,797	-15,702	-25,088	-12,152	-13,068	-25,419	-175,889	-11,383	-13,905	-6,909	-23,255	-16,949	-22,669	-16,824	-	-	-	-	-	-	-	-
Cash Flows from Financing Activities:
Proceeds from credit agreements
6,000	8,000	6,000	0	0	2,500	0	146,000	21,400	0	295,500	0	0	0	3,000	1,500	0	4,000	4,000	13,000	-	-	-	-	300,000	10,001	0	9,999	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock issuance, net
-	-	-	0	-	-	-	0	30	3	-120	40,282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on credit agreements
2,059	1,090	1,089	1,089	19,984	1,089	1,089	1,089	12,650	750	286,503	39,997	750	750	750	750	750	750	750	750	750	750	750	750	113,375	875	875	875	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Debt Issuance Costs
-	0	2,815	0	-	0	1,720	5,976	-	0	8,277	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on finance lease liabilities
-	3,516	3,789	907	-	2,219	2,527	1,897	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of deposit collateral on credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,922	308	1,775	4,378	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	-	19,500	19,500	19,500
Payments on finance lease obligations
-	-	-	-	-	-	-	-	3,152	1,191	2,880	2,491	2,261	2,384	2,468	2,359	2,161	2,001	1,947	1,770	1,709	1,469	1,383	1,360	1,180	1,202	1,169	1,104	1,007	910	774	612	287	281	261	361	242	142	49	13
Proceeds from exercise of stock options
-	-	0	0	-	-	-139	31	262	123	29	7	-	-	-	-	41	1,516	1,906	2,583	801	95	18	860	159	131	451	1,397	224	892	725	628	310	229	468	365	-	-	-	-
Acquisition of common stock for income tax withholdings
1	1	42	268	1	16	201	270	13	12	61	149	57	130	127	216	378	464	250	618	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83	2,762
Other, net
-115	0	110	-60	-65	-89	29	235	-43	-62	-83	-157	-39	-58	-116	-76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-35	-34	-33	-33	93	-157	-31	-30
Acquisition of common stock for income tax withholdings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59	85	600	-	120	91	1,232	129	54	181	721	55	20	191	480	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	36	-979	-	46	45	44	-	44	-557	639	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized lease incentive liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32	23	35	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-2,395	-2,505	-4,825	-3,322	214	-1,901	-3,284	2,227	2,923	13,424	2,831	-1,921	4,530	2,484	166,500	7,891	-1,127	7,546	6,357	15,951	13,003	-740	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
2,174	3,393	-1,625	-3,297	12,308	-1,015	-5,647	135,904	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-356	-267	-759	-	-307	3	2,719
Net (decrease) increase in cash and cash equivalents
754	-6,773	-201	46	6,541	-2,754	-25	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	147	55	15	-77	-52	139	-74	-333	-236	-4	-80	-170	-227	104	-86	32	251	-7	-218	44	131	-126	116	-37	-64	-5	30	3	53	-19	-23
Net (decrease) increase in cash and cash equivalents
-	-	2,202	-9,557	-	-	-1,420	1,556	-	-5,488	8,282	-1,215	749	-4,228	-30	-3,874	-540	1,900	193	-3,865	-5,409	-2,370	2,661	-9,816	577	7,773	-7,884	5,999	2,178	-1,249	-3,225	1,077	-4,517	-5,809	-6,200	-13,284	-8,729	-7,764	-5,033	7,182
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	7,563	7,336	-	7,601	7,816	6,540	6,715	6,660	6,602	6,450	6,848	6,167	6,111	5,831	4,564	2,529	2,243	2,342	2,304	2,202	2,239	901	743	646	997	907	-	-	-	-
Cash paid for interest
16,150	16,681	15,599	14,260	13,653	16,711	16,388	13,577	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	649	172
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209	127	0	12	52	105	20	14	10	101	142	101	156	56	82
Non-cash acquisition of property and equipment under capital leases
-	-	-	-	-	-	-	-	-	21,891	147,498	290	1,121	0	865	4,056	2,035	3,166	10	1,166	1,869	1,516	286	5,955	263	24	0	9,528	0	2,673	0	7,406	2,355	7,952	0	9,258	26	0	229	16,528
Additions to property and equipment included in accounts payable
-679	3,885	-582	1,850	-5,969	6,212	1,736	2,287	3,245	-568	22	1,247	-1,733	-2,728	309	6,025	1,630	-758	-2,232	6,530	-2,868	5,072	1,032	5,013	-7,781	11,305	962	3,398	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	113	121	97	98	96	102	131	132	152	128	104	80	89	5	4