Internap Corp INAP Cash Flow

Internap corp (INAP)

CashFlow / TTM

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
-138,169	-79,110	-70,715	-66,436	-61,075	-49,760	-45,170	-50,197	-44,166	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-47,645	-	-45,430	-40,609	-39,261	-39,494	-41,687	-36,346	-28,862	-19,830	-9,359	-7,773	-6,068	-4,318	-141	520	-95	-1,702	-6,330	-6,203	-4,862	-3,622	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
85,713	86,709	88,679	89,436	88,416	83,255	80,620	76,842	73,429	76,617	75,297	75,580	76,948	83,178	88,211	91,560	92,655	89,265	85,549	82,451	81,169	74,738	67,362	60,637	53,148	48,582	46,107	43,208	40,865	41,334	40,792	40,592	40,426	37,737	35,796	34,144	33,969	0	0	0
Loss (gain) on disposal of property and equipment
-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	0	0	-	0	0	0
Amortization of debt discount and issuance costs
5,398	5,395	4,918	4,543	4,084	3,217	2,729	2,232	2,309	2,543	2,593	2,727	2,534	2,400	2,260	2,049	2,017	1,991	1,972	1,952	1,934	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense, net of capitalized amount
4,239	4,179	4,347	4,710	4,678	4,552	4,140	3,300	3,040	2,341	2,665	3,673	4,997	7,298	8,481	9,124	8,781	7,707	7,049	6,820	7,182	7,333	7,262	7,047	6,743	6,561	6,217	6,091	5,858	5,375	5,102	4,476	3,983	4,070	4,095	4,551	4,631	0	0	0
Equity in earnings of equity-method investment
-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of equity-method investment
-	-	-	-	-	-	-	-	-	-	-	-	170	225	192	197	200	157	227	261	259	254	243	224	213	180	147	186	220	0	0	0	-	-	-	-	-	-	-	-
Equity in (earnings) of equity-method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Provision for doubtful accounts
899	805	658	798	882	947	1,133	1,080	1,049	999	1,033	1,053	1,093	1,334	1,328	1,295	1,354	1,417	1,735	1,663	1,306	1,595	1,191	1,575	1,861	1,176	1,153	1,182	932	1,122	1,228	996	1,082	958	960	1,088	1,253	0	0	0
Non-cash change in finance lease liabilities
-3,300	-7,611	-6,398	-2,868	-2,507	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash change in capital lease obligations
-	-	-	-	-	-	-	-	-	-382	46	193	-223	-135	270	190	1,437	842	-125	320	-412	-109	331	6	99	157	279	532	705	0	0	0	-	-	-	-	-	-	-	-
Non-cash change in exit activities and restructuring liability
-6,339	-6,717	-5,044	-5,605	-4,751	-3,665	-2,012	-5,683	-6,291	-9,368	-9,181	-5,042	-4,409	-1,706	-2,324	-2,217	-2,241	195	1,204	2,612	4,591	3,260	3,486	2,399	1,185	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash change in exit activities and restructuring liability
-6,339	-6,717	-5,044	-5,605	-4,751	-3,665	-2,012	-5,683	-6,291	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash change in deferred rent
-	-	-	-	-	-	-	-	3,554	3,997	2,351	2,091	2,152	1,907	1,916	1,787	1,704	1,836	1,983	2,242	2,577	2,564	2,412	2,213	1,907	1,717	1,559	1,743	1,073	1,627	1,161	385	555	-308	-157	-190	237	0	0	0
Deferred income taxes
-2,352	-590	-410	31	262	211	265	71	355	376	436	502	325	-1,627	-3,770	-3,943	-3,966	-2,510	-578	-843	-1,555	-1,518	-1,302	-862	-67	0	0	0	-	-	-	-	-	-	-	-	471	0	0	0
Other, net
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt lender fees
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-304	82	-193	119	-179	-243	-428	-705	-261	-114	115	235	-81	66	-198	-151	-75	696	697	744	575	-498	-239	-274	-263	0	0	0	-	0	0	0
Changes in operating assets and liabilities:
Accounts receivable
-3,272	-6,224	-3,016	2,840	359	6,002	4,419	2,001	769	175	-1,259	-3,035	-1,476	-3,142	-1,138	-50	2,211	3,734	3,933	-263	-2,923	-464	-2,818	4,586	5,777	1,175	879	2,258	1,428	2,379	3,820	1,574	1,186	-30	818	-1,221	156	0	0	0
Prepaid expenses, deposits and other assets
-4,576	-3,654	-3,139	-278	1,232	3,459	983	-1,461	-2,051	-3,168	3,348	-474	-2,297	-1,371	-6,667	-4,589	-1,099	-5,755	-4,068	-975	-1,839	2,930	3,042	1,295	218	742	1,850	1,094	671	1,241	137	805	2,282	2,328	2,619	3,081	2,577	0	0	0
Accounts payable
-3,076	-2,853	-2,018	2,945	1,546	7,704	5,513	662	-949	-6,783	-224	1,136	1,568	7,787	5,617	1,023	-4,814	-4,634	-4,434	-9,013	529	6,021	4,532	10,462	3,992	-569	-9,939	-9,672	413	-14,047	8,533	7,269	-5,209	6,302	-8,051	-273	8,147	0	0	0
Accrued and current other liabilities
-4,288	-6,693	-4,477	-1,250	-1,916	1,067	-376	635	3,359	2,401	7,162	1,804	81	-2,973	-6,583	-5,206	-4,206	-6,244	-3,945	-929	413	756	-1,161	-3,792	-5,062	455	218	150	2,304	1,685	2,847	2,162	-247	-1,008	-1,490	-490	-1,216	0	0	0
Deferred revenues
-1,496	-201	-352	1,096	1,220	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues
-	-	-	-	-	-	-	-	-	-	-	-1,177	-	-170	-301	1,205	758	1,023	323	-152	498	937	2,726	1,914	1,149	509	424	357	862	469	-230	-706	-970	-778	-626	-514	-907	0	0	0
Exit activities and restructuring liability
-4,237	-6,239	-7,830	-7,480	-6,966	-6,048	-6,388	-6,181	-6,178	-5,956	-4,471	-4,166	-3,584	-3,214	-3,110	-3,014	-2,873	-3,963	-4,047	-4,144	-4,245	-3,011	-2,969	-2,922	-2,895	-2,898	-3,376	-2,966	-2,890	-4,467	-3,811	-2,823	-2,659	-783	-832	-853	-978	0	0	0
Asset retirement obligation
231	247	239	237	-96	-1,157	-1,116	-1,125	-825	191	103	52	-174	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
60	-1	-172	-180	-257	-181	-57	-26	40	3	-5	5	-52	-77	-80	-70	-10	119	23	8	-5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
22,663	29,619	30,889	33,906	35,341	37,845	35,303	37,837	41,404	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52,497	40,208	39,411	40,512	38,536	53,248	46,164	45,248	41,308	33,683	42,781	31,385	30,797	43,742	0	0	0	-	-	-	-	-	-	-	-
Cash Flows from Investing Activities:
Purchases of property and equipment
-	0	0	40,310	-	0	0	36,007	-	28,830	30,343	37,871	44,364	53,128	51,320	52,987	55,695	67,350	70,791	67,597	77,363	82,389	79,514	80,645	62,798	50,226	55,999	65,032	74,947	74,075	84,858	72,720	68,542	69,859	56,867	70,922	62,184	0	0	0
Proceeds from disposal of property and equipment
-	0	0	281	-	0	0	839	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Business acquisition, net of cash acquired
0	0	0	-395	131,748	131,748	127,910	128,305	-3,838	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of non-controlling interests
-	-	-	0	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash from acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to acquired and developed technology
1,115	2,276	3,000	3,776	3,523	2,228	1,631	812	735	1,252	1,503	1,629	1,828	1,553	1,421	1,149	1,462	2,216	2,610	3,075	3,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash used in investing activities
-29,301	-40,594	-40,824	-43,617	-173,114	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Maturities of investments in marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,000	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-31,304	-38,958	-45,650	-54,139	-52,741	-54,136	-57,157	-67,507	-68,739	-66,010	-75,727	-226,528	-225,759	-226,596	-208,086	-55,452	-61,018	-69,782	-79,697	0	0	0	-	-	-	-	-	-	-	-
Cash Flows from Financing Activities:
Proceeds from credit agreements
20,000	14,000	8,500	2,500	148,500	169,900	167,400	462,900	316,900	295,500	295,500	3,000	4,500	4,500	8,500	9,500	21,000	0	0	0	-	-	-	-	320,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock issuance, net
-	-	-	37,151	-	-	-	-87	40,195	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on credit agreements
5,327	23,252	23,251	23,251	23,251	15,917	15,578	300,992	339,900	328,000	328,000	42,247	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	115,625	115,750	115,875	116,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Debt Issuance Costs
-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on finance lease liabilities
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of deposit collateral on credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,461	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Payments on finance lease obligations
-	-	-	-	-	-	-	-	9,714	8,823	10,016	9,604	9,472	9,372	8,989	8,468	7,879	7,427	6,895	6,331	5,921	5,392	5,125	4,911	4,655	4,482	4,190	3,795	3,303	2,583	1,954	1,441	1,190	1,145	1,006	794	446	0	0	0
Proceeds from exercise of stock options
-	-	0	-31	-	-	277	445	421	0	0	0	-	-	-	-	6,046	6,806	5,385	3,497	1,774	1,132	1,168	1,601	2,138	2,203	2,964	3,238	2,469	2,555	1,892	1,635	1,372	0	0	0	-	-	-	-
Acquisition of common stock for income tax withholdings
312	312	327	486	488	500	496	356	235	279	397	463	530	851	1,185	1,308	1,710	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other, net
-65	-15	-104	-185	110	132	159	47	-345	-341	-337	-370	-289	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-135	-7	-130	-128	-125	0	0	0
Acquisition of common stock for income tax withholdings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,572	1,506	1,596	1,085	1,011	977	987	746	0	0	0	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized lease incentive liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-13,047	-10,438	-9,834	-8,293	-2,744	-35	15,290	21,405	17,257	18,864	7,924	171,593	181,405	175,748	180,810	20,667	28,727	42,857	34,571	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
645	10,779	6,371	2,349	141,550	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net (decrease) increase in cash and cash equivalents
-6,174	-387	3,632	3,808	3,782	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	140	-59	25	-64	-320	-504	-647	-653	-490	-481	-373	-379	-177	301	190	58	70	-50	-169	165	84	-111	10	-76	-36	81	67	14	0	0	0
Net (decrease) increase in cash and cash equivalents
-	-	0	-7,893	-	-	0	6,985	-	2,328	3,588	-4,724	-7,383	-8,672	-2,544	-2,321	-2,312	-7,181	-11,451	-8,983	-14,934	-8,948	1,195	-9,350	6,465	8,066	-956	3,703	-1,219	-7,914	-12,474	-15,449	-29,810	-34,022	-35,977	-34,810	-14,344	0	0	0
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	0	30,357	-	28,672	27,731	26,517	26,427	26,560	26,067	25,576	24,957	22,673	19,035	15,167	11,678	9,418	9,091	9,087	7,646	6,085	4,529	3,287	3,293	0	0	0	-	-	-	-
Cash paid for interest
62,690	60,193	60,223	61,012	60,329	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	348	191	169	189	191	149	145	267	354	500	455	395	0	0	0
Non-cash acquisition of property and equipment under capital leases
-	-	-	-	-	-	-	-	-	170,800	148,909	2,276	6,042	6,956	10,122	9,267	6,377	6,211	4,561	4,837	9,626	8,020	6,528	6,242	9,815	9,552	12,201	12,201	10,079	12,434	17,713	17,713	19,565	17,236	9,284	9,513	16,783	0	0	0
Additions to property and equipment included in accounts payable
4,474	-816	1,511	3,829	4,266	13,480	6,700	4,986	3,946	-1,032	-3,192	-2,905	1,873	5,236	7,206	4,665	5,170	672	6,502	9,766	8,249	3,336	9,569	9,499	7,884	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	429	412	393	427	461	517	543	516	464	401	278	178	0	0	0