Inphi corp (IPHI)
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

-20,286

-13,408

-16,180

-20,578

-22,745

-21,631

-22,665

-28,464

-22,991

102

-48,766

-14,967

-11,273

19,133

79,572

531

220

-2,741

-1,102

0

-9,708

-17,390

-6,857

2,634

-995

-1,273

-2,760

-1,474

-7,671

-16,554

-1,055

-1,570

-1,512

-281

-2,631

2,443

2,400

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization

29,470

23,336

24,840

24,325

24,193

22,775

22,499

18,559

18,886

19,125

19,923

19,577

19,230

8,925

7,339

7,724

7,228

6,825

7,140

6,496

6,423

6,171

3,014

2,572

2,357

1,983

1,913

1,928

1,684

1,827

1,077

1,165

839

759

825

833

768

Stock-based compensation

24,029

20,258

19,878

17,961

18,758

16,375

16,740

16,216

14,553

12,465

11,893

11,245

9,230

7,990

7,470

7,780

6,952

7,421

7,250

7,202

6,420

6,494

6,060

5,400

4,506

3,978

4,683

4,291

4,026

3,122

3,409

3,311

2,617

2,258

1,991

2,315

628

Deferred income taxes

18

-599

490

-524

970

230

-260

558

-9,156

-12,124

-10,322

45

-27

-16,439

841

54

5

-653

159

-2,238

2,590

-190

1,578

-1,114

213

-804

215

-271

697

11,288

-894

-1,351

911

-

-

-

-

Excess tax benefit related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-120

-342

-1,536

1,998

-

-

-

1,372

-

-

-

-

Accretion of convertible debt and amortization of debt issuance costs

7,391

7,338

7,210

7,006

6,799

6,828

6,713

6,523

6,330

6,357

6,249

6,073

5,895

5,920

3,231

2,649

2,378

592

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net unrealized loss (gain) on equity investments

-932

124

2,152

-347

272

66

-482

-166

3,023

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gain on an equity investment

4,999

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of premiums on marketable securities

85

262

340

258

258

242

151

226

-36

-109

-207

-334

-390

456

365

374

301

136

141

142

135

134

215

223

228

240

230

244

269

286

281

284

310

-

-

-

-

Loss on termination of software lease contracts

-3,370

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncash items

74

369

-21

-12

-290

360

11

-363

-10

-40

-2

61

-9

-3

2

11

-5

-1

3

-56

63

-

-

-

-

6

5

22

13

24

69

-228

23

49

-18

-9

-2

Changes in assets and liabilities, net of acquisition:
Accounts receivable

2,283

6,466

-10,679

8,953

-3,216

12,831

-5,647

5,231

-19,137

-4,184

8,862

10,031

2,683

6,020

2,391

6,032

2,585

-2,800

-2,273

-1,249

-174

-695

8,036

-3,639

4,984

250

1,475

-607

-1,762

853

1,899

604

1,086

-993

-547

608

236

Inventories

2,663

-1,702

12,620

12,356

-1,313

-1,072

275

-888

3,016

-2,915

180

2,183

234

3,479

3,253

157

-505

-2,999

-3,557

1,043

-3,309

-12,560

1,780

223

438

1,272

-146

640

107

276

-311

-1,429

642

-1,081

528

1,628

-454

Prepaid expenses and other assets

-20,016

3,492

-1,254

-500

969

155

-4,864

4,076

84

222

-2,092

2,644

-3,046

2,165

-1,767

-380

1,371

67

-610

-60

-1,597

1,461

-647

659

1,782

450

-373

510

-9

316

-272

-526

646

323

175

7

522

Income tax payable/receivable

33

64

89

-155

281

-64

-187

-692

-728

382

-1,488

171

297

-461

1,912

25

-65

4,404

757

-1,050

2,330

-1,401

3,542

-3,054

337

585

-364

-50

2,874

1,874

1,334

1,623

-2,174

-2,625

3,437

1,184

749

Accounts payable

1,682

-2,145

-4,503

9,195

-2,065

1,045

602

-460

776

-1,426

-1,369

1,041

3,409

-1,689

3,700

-1,895

3,407

1,467

-2,628

-440

1,392

-1,438

-757

859

34

-126

556

-205

154

-89

22

-320

1,069

-496

220

-190

-539

Accrued expenses

-16,339

-794

-205

3,219

-3,025

4,333

-2,827

-2,488

-3,920

3,282

-162

1,149

-4,823

175

2,292

882

-3,394

3,450

-368

1,263

-932

-10,456

1,795

984

-1,329

1,775

-74

1,003

-1,059

353

-2,503

1,418

1,579

29

-1,868

1,943

44

Deferred revenue

-5,114

-671

-1,855

386

427

5,132

-17

-75

-43

-7,564

2,223

1,541

605

-135

-365

-233

-547

-673

301

-691

620

3,761

1,821

28

-186

106

60

104

333

-1,326

-388

532

336

138

-240

-120

-496

Other liabilities

-87

-1,933

-1,019

3,360

-998

-15

-8,864

7,285

499

1,612

157

-164

-4,563

-409

2,834

-449

39

-1,348

816

-131

-782

-933

255

-898

-89

1,363

185

-428

137

204

62

-51

-109

93

-123

-90

-144

Net cash provided by operating activities

35,011

21,955

25,587

23,487

25,915

29,757

22,290

8,918

17,194

29,063

18,611

11,126

18,508

12,730

25,643

11,622

13,078

25,807

20,168

13,063

13,505

-591

769

10,391

-2,128

7,423

4,025

6,113

1,097

564

-2,185

7,992

97

4,583

2,613

-701

3,108

Purchases of property and equipment

13,445

12,291

4,617

8,221

4,389

7,837

6,158

3,191

14,527

6,523

12,605

6,890

11,419

6,063

4,530

4,722

7,033

4,359

5,560

3,200

3,438

8,184

4,556

5,275

3,156

4,057

2,862

5,914

3,745

1,692

2,361

2,546

1,784

741

1,807

1,210

1,439

Proceeds from insurance claim

-

-

-

-

-

-

-

-

125

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

75

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of marketable securities

6,853

58,120

74,362

93,710

48,054

71,035

52,177

38,649

86,177

103,003

52,805

45,650

59,789

52,761

106,127

22,768

148,936

10,632

3,327

3,385

4,562

1,551

10,755

9,538

16,713

11,003

10,359

10,582

11,181

13,347

15,128

9,236

9,319

-

-

-

-

Sales of marketable securities

1,088

146,506

6,891

8,565

6,464

5,342

2,631

1,824

1,857

45,791

4,102

7,404

27,866

3,069

650

1,706

79

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of marketable securities

12,072

45,741

47,975

36,281

73,071

52,765

55,905

57,340

76,815

42,531

37,538

46,870

55,360

44,724

40,188

29,055

2,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and maturities of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,714

-

60,056

9,573

18,231

11,276

8,484

11,902

10,564

12,986

14,007

9,339

8,335

-

-

-

-

Purchase of an equity investment

5,000

4,000

3,000

0

0

0

0

0

12,811

0

0

0

0

6,000

0

0

2,000

0

2,000

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from eSilicon investment

14,999

3,424

0

0

0

0

0

0

2,414

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business, net of cash

206,590

-

-

-

0

-

-

-

-

0

0

0

1,800

294,444

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-203,729

141,155

-34,537

-70,693

27,092

-3,693

-5,718

12,336

-38,575

-10,826

-16,335

-3,433

5,941

-311,530

15,276

3,271

-155,230

-11,280

-6,887

-2,493

-3,211

-48,532

43,666

-5,240

-1,638

-3,784

-7,358

-4,594

-4,362

-2,053

-3,482

-2,206

-2,768

-1,992

-4,092

-88,151

-1,439

Proceeds from exercise of stock options

4,112

-3,758

5,242

486

3,477

197

33

198

3,704

700

29

166

1,319

640

2,501

1,795

812

1,365

311

3,417

1,052

1,337

203

1,527

1,231

711

1,503

328

363

184

488

131

1,025

311

915

2,926

373

Excess tax benefit related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-120

-342

-1,536

1,998

-

-

-

1,372

-

-

-

-

Proceeds from employee stock purchase plan

-

-

-

-

-

-

-

-

-

-

2,962

0

2,814

0

2,368

0

3,150

-1

2,607

0

1,977

-1

1,366

0

1,303

0

1,232

0

989

-

-

-

-

-

-

-

-

Repayment of long-term loan

-

-

-

-

-

95

94

93

123

61

92

90

90

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of obligations related to equipment financing

98

95

96

113

125

125

121

121

175

303

310

202

219

20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of obligations related to purchase of intangible assets

15,947

-

-

-

7,180

-

-

-

6,271

889

3,255

5,267

4,277

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible bonds issuance costs paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

353

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Minimum tax withholding paid on behalf of employees for net share settlement

3,036

7,898

3,132

18,571

3,995

5,322

1,502

10,382

1,912

7,425

1,471

13,016

5,761

4,491

2,436

7,988

5,562

3,810

1,068

3,888

4,147

682

494

1,187

2,601

408

392

870

510

100

21

148

56

-

-

-

-

Costs paid in connection with the initial public offerings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

100

998

Net cash used in financing activities

-13,986

-31,505

444

-11,018

-7,177

-26,466

706

-10,212

2,031

-20,655

1,302

-12,962

-1,757

-4,372

260,206

-6,918

-1,953

203,745

1,850

-471

-1,118

-123

1,852

340

-67

183

2,001

-2,078

2,840

-1

3,555

-1,389

2,341

-1,283

-2,695

10,199

-625

Effect of currency exchange rates on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

7

-8

Net increase (decrease) in cash and cash equivalents

-182,704

131,605

-8,506

-58,224

45,830

-402

17,278

11,042

-19,350

-2,418

3,578

-5,269

22,692

-303,172

301,125

7,975

-144,105

218,272

15,131

10,099

9,176

-49,246

46,287

5,491

-3,833

3,822

-1,332

-559

-425

-1,490

-2,112

4,397

-330

1,308

-4,174

-78,646

1,036

Supplemental cash flow information:
Interest paid

1,399

1,735

1,646

1,667

1,529

1,604

1,377

1,542

1,295

1,816

1,078

1,294

1,006

1,294

0

1,243

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

586

-332

51

69

57

155

192

182

1,626

58

1,768

161

171

-70

43

50

133

-417

509

51

580

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash investing and financing activities:
Software license intangible assets

94

42,056

12,917

553

1,880

1,455

143

15,545

2,923

80

375

999

1,434

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of marketable securities not paid

5,167

-

-

-

6,514

-

-

-

1,248

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

eSilicon [Member]
Settlement of net receivable from eSilicon as part of purchase consideration

5,250

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-