Inphi corp (IPHI)
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

-70,452

-72,911

-81,134

-87,619

-95,505

-95,751

-74,018

-100,119

-86,622

-74,904

-55,873

72,465

87,963

99,456

77,582

-3,092

-3,623

-13,551

-28,200

-33,955

-31,321

-22,608

-6,491

-2,394

-6,502

-13,178

-28,459

-26,754

-26,850

-20,691

-4,418

-5,994

-1,981

1,931

0

0

0

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

101,971

96,694

96,133

93,792

88,026

82,719

79,069

76,493

77,511

77,855

67,655

55,071

43,218

31,216

29,116

28,917

27,689

26,884

26,230

22,104

18,180

14,114

9,926

8,825

8,181

7,508

7,352

6,516

5,753

4,908

3,840

3,588

3,256

3,185

0

0

0

Stock-based compensation

82,126

76,855

72,972

69,834

68,089

63,884

59,974

55,127

50,156

44,833

40,358

35,935

32,470

30,192

29,623

29,403

28,825

28,293

27,366

26,176

24,374

22,460

19,944

18,567

17,458

16,978

16,122

14,848

13,868

12,459

11,595

10,177

9,181

7,192

0

0

0

Deferred income taxes

-615

337

1,166

416

1,498

-8,628

-20,982

-31,044

-31,557

-22,428

-26,743

-15,580

-15,571

-15,539

247

-435

-2,727

-142

321

1,740

2,864

487

-127

-1,490

-647

-163

11,929

10,820

9,740

9,954

0

0

0

-

-

-

-

Excess tax benefit related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

0

-

-

-

-

Accretion of convertible debt and amortization of debt issuance costs

28,945

28,353

27,843

27,346

26,863

26,394

25,923

25,459

25,009

24,574

24,137

21,119

17,695

14,178

8,850

5,619

2,970

592

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net unrealized loss (gain) on equity investments

997

2,201

2,143

-491

-310

2,441

2,375

2,857

3,023

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gain on an equity investment

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of premiums on marketable securities

945

1,118

1,098

909

877

583

232

-126

-686

-1,040

-475

97

805

1,496

1,176

952

720

554

552

626

707

800

906

921

942

983

1,029

1,080

1,120

1,161

0

0

0

-

-

-

-

Loss on termination of software lease contracts

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncash items

410

46

37

69

-282

-2

-402

-415

9

10

47

51

1

5

7

8

-59

9

0

0

0

-

-

-

-

46

64

128

-122

-112

-87

-174

45

20

0

0

0

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

7,023

1,524

7,889

12,921

9,199

-6,722

-23,737

-9,228

-4,428

17,392

27,596

21,125

17,126

17,028

8,208

3,544

-3,737

-6,496

-4,391

5,918

3,528

8,686

9,631

3,070

6,102

-644

-41

383

1,594

4,442

2,596

150

154

-696

0

0

0

Inventories

25,937

21,961

22,591

10,246

-2,998

1,331

-512

-607

2,464

-318

6,076

9,149

7,123

6,384

-94

-6,904

-6,018

-8,822

-18,383

-13,046

-13,866

-10,119

3,713

1,787

2,204

1,873

877

712

-1,357

-822

-2,179

-1,340

1,717

621

0

0

0

Prepaid expenses and other assets

-18,278

2,707

-630

-4,240

336

-549

-482

2,290

858

-2,272

-329

-4

-3,028

1,389

-709

448

768

-2,200

-806

-843

-124

3,255

2,244

2,518

2,369

578

444

545

-491

164

171

618

1,151

1,027

0

0

0

Income tax payable/receivable

31

279

151

-125

-662

-1,671

-1,225

-2,526

-1,663

-638

-1,481

1,919

1,773

1,411

6,276

5,121

4,046

6,441

636

3,421

1,417

-576

1,410

-2,496

508

3,045

4,334

6,032

7,705

2,657

-1,842

261

-178

2,745

0

0

0

Accounts payable

4,229

482

3,672

8,777

-878

1,963

-508

-2,479

-978

1,655

1,392

6,461

3,525

3,523

6,679

351

1,806

-209

-3,114

-1,243

56

-1,302

10

1,323

259

379

416

-118

-233

682

275

473

603

-1,005

0

0

0

Accrued expenses

-14,119

-805

4,322

1,700

-4,007

-4,902

-5,953

-3,288

349

-554

-3,661

-1,207

-1,474

-45

3,230

570

951

3,413

-10,493

-8,330

-8,609

-9,006

3,225

1,356

1,375

1,645

223

-2,206

-1,791

847

523

1,158

1,683

148

0

0

0

Deferred revenue

-7,254

-1,713

4,090

5,928

5,467

4,997

-7,699

-5,459

-3,843

-3,195

4,234

1,646

-128

-1,280

-1,818

-1,152

-1,610

-443

3,991

5,511

6,230

5,424

1,769

8

84

603

-829

-1,277

-849

-846

618

766

114

-718

0

0

0

Other liabilities

321

-590

1,328

-6,517

-2,592

-1,095

532

9,553

2,104

-2,958

-4,979

-2,302

-2,587

2,015

1,076

-942

-624

-1,445

-1,030

-1,591

-2,358

-1,665

631

561

1,031

1,257

98

-25

352

106

-5

-190

-229

-264

0

0

0

Net cash provided by operating activities

106,040

96,944

104,746

101,449

86,880

78,159

77,465

73,786

75,994

77,308

60,975

68,007

68,503

63,073

76,150

70,675

72,116

72,543

46,145

26,746

24,074

8,441

16,455

19,711

15,433

18,658

11,799

5,589

7,468

6,468

10,487

15,285

6,592

9,603

0

0

0

Purchases of property and equipment

38,574

29,518

25,064

26,605

21,575

31,713

30,399

36,846

40,545

37,437

36,977

28,902

26,734

22,348

20,644

21,674

20,152

16,557

20,382

19,378

21,453

21,171

17,044

15,350

15,989

16,578

14,213

13,712

10,344

8,383

7,432

6,878

5,542

5,197

0

0

0

Proceeds from insurance claim

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of marketable securities

233,045

274,246

287,161

264,976

209,915

248,038

280,006

280,634

287,635

261,247

211,005

264,327

241,445

330,592

288,463

185,663

166,280

21,906

12,825

20,253

26,406

38,557

48,009

47,613

48,657

43,125

45,469

50,238

48,892

47,030

0

0

0

-

-

-

-

Sales of marketable securities

163,050

168,426

27,262

23,002

16,261

11,654

52,103

53,574

59,154

85,163

42,441

38,989

33,291

5,504

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of marketable securities

142,069

203,068

210,092

218,022

239,081

242,825

232,591

214,224

203,754

182,299

184,492

187,142

169,327

116,627

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and maturities of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

99,136

47,564

49,893

42,226

43,936

49,459

46,896

44,667

0

0

0

-

-

-

-

Purchase of an equity investment

12,000

7,000

3,000

0

0

12,811

12,811

12,811

12,811

0

6,000

6,000

6,000

8,000

2,000

4,000

4,000

2,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from eSilicon investment

18,423

3,424

0

0

0

2,414

2,414

2,414

2,414

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business, net of cash

0

-

-

-

0

-

-

-

-

1,800

296,244

296,244

296,244

294,444

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-167,804

63,017

-81,831

-53,012

30,017

-35,650

-42,783

-53,400

-69,169

-24,653

-325,357

-293,746

-287,042

-448,213

-147,963

-170,126

-175,890

-23,871

-61,123

-10,570

-13,317

-11,744

33,004

-18,020

-17,374

-20,098

-18,367

-14,491

-12,103

-10,509

-10,448

-11,058

-97,003

-95,674

0

0

0

Proceeds from exercise of stock options

2,953

2,616

6,571

1,362

0

719

1,222

1,218

0

2,214

2,154

4,626

6,255

5,748

6,473

4,283

5,905

6,145

6,117

6,009

4,119

4,298

3,672

4,972

3,773

2,905

2,378

1,363

1,166

1,828

1,955

2,382

5,177

4,525

0

0

0

Excess tax benefit related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

0

-

-

-

-

Proceeds from employee stock purchase plan

-

-

-

-

-

-

-

-

-

-

5,776

5,182

5,182

5,518

5,517

5,756

5,756

4,583

4,583

3,342

3,342

2,668

2,669

2,535

2,535

2,221

0

0

0

-

-

-

-

-

-

-

-

Repayment of long-term loan

-

-

-

-

-

405

371

369

366

333

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of obligations related to equipment financing

402

429

459

484

492

542

720

909

990

1,034

751

441

239

20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of obligations related to purchase of intangible assets

0

-

-

-

0

-

-

-

15,682

13,688

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible bonds issuance costs paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

32,637

33,596

31,020

29,390

21,201

19,118

21,221

21,190

23,824

27,673

24,739

25,704

20,676

20,477

19,796

18,428

14,328

12,913

9,785

9,211

6,510

4,964

4,690

4,588

4,271

2,180

1,872

1,501

779

325

0

0

0

-

-

-

-

Costs paid in connection with the initial public offerings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used in financing activities

-56,065

-49,256

-44,217

-43,955

-43,149

-33,941

-28,130

-27,534

-30,284

-34,072

-17,789

241,115

247,159

246,963

455,080

196,724

203,171

204,006

138

140

951

2,002

2,308

2,457

39

2,946

2,762

4,316

5,005

4,506

3,224

-3,026

8,562

5,596

0

0

0

Effect of currency exchange rates on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

0

0

Net increase (decrease) in cash and cash equivalents

-117,829

110,705

-21,302

4,482

73,748

8,568

6,552

-7,148

-23,459

18,583

-282,171

15,376

28,620

-138,177

383,267

97,273

99,397

252,678

-14,840

16,316

11,708

-1,301

51,767

4,148

-1,902

1,506

-3,806

-4,586

370

465

3,263

1,201

-81,842

-80,476

0

0

0

Supplemental cash flow information:
Interest paid

6,447

6,577

6,446

6,177

6,052

5,818

6,030

5,731

5,483

5,194

4,672

3,594

3,543

2,537

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

374

-155

332

473

586

2,155

2,058

3,634

3,613

2,158

2,030

305

194

156

-191

275

276

723

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

55,620

57,406

16,805

4,031

19,023

20,066

18,691

18,923

4,377

2,888

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of marketable securities not paid

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-