Irobot corporation (IRBT)
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) income

44,645

85,300

90,450

86,847

90,111

87,992

67,422

57,574

55,006

50,964

60,024

57,455

54,366

41,939

47,589

40,870

43,308

44,130

34,185

35,999

37,277

37,803

31,605

24,802

24,566

27,641

18,515

25,918

24,999

17,297

33,873

32,718

33,367

40,191

0

0

0

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

35,894

37,159

37,318

36,873

36,582

36,574

37,976

34,290

30,729

25,499

17,958

15,692

13,717

13,606

14,906

15,022

15,118

15,304

14,040

13,740

13,468

13,049

12,718

11,940

12,027

12,169

12,520

12,908

12,354

11,672

11,256

10,985

10,731

10,312

0

0

0

Impairment on cost method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,309

-

-420

-280

-278

-246

-567

102

3

-189

-203

-1,447

-1,445

-1,332

-901

-292

-198

-599

0

0

0

Income (Loss) from Equity Method Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

22,071

23,744

25,577

27,885

26,722

25,804

24,651

23,093

21,366

19,751

18,283

17,152

16,434

15,995

15,502

15,499

14,968

14,183

14,224

14,115

13,807

13,778

13,756

13,442

13,558

13,409

12,629

11,760

11,399

10,983

10,421

10,009

9,518

8,784

0

0

0

Deferred income taxes, net

13,385

11,118

12,425

6,105

6,048

10,848

2,069

2,551

4,077

999

5,983

701

-3,621

-3,557

-3,040

208

930

985

-4,597

-3,462

-1,087

-3,101

-687

-609

-1,593

768

7,280

8,906

10,906

3,763

-15,458

-14,872

-15,290

-6,154

0

0

0

Non-cash director deferred compensation

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit of excess stock-based compensation deductions

-

-

-

-

-

-

-

-

-

-

-

-

-

2,971

1,787

1,518

1,174

1,467

1,139

1,084

1,380

3,051

2,875

3,462

4,594

2,406

2,222

2,046

783

1,445

2,376

2,297

5,180

6,917

0

0

0

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

-

49

-

103

124

144

149

127

102

76

49

45

44

44

44

56

67

76

87

100

122

146

162

0

0

0

Other

0

-

0

0

0

-

0

0

-1,348

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities — (use) source
Accounts receivable

-15,328

-13,064

66,798

22,197

-8,999

23,920

10,364

5,655

4,764

53,251

16,056

-4,969

19,042

-25,682

-4,578

-2,278

-5,067

31,461

7,967

11,713

1,165

31,708

14,320

2,776

9,260

9,935

-987

9,942

-4,262

-15,560

11,979

4,998

2,298

9,282

0

0

0

Unbilled revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-366

-

-599

23

-298

1,758

-377

-189

-1,321

-340

-137

-1,022

1,012

-1,166

-6,206

-5,961

-6,694

-1,650

0

0

0

Inventory

-34,018

-7,307

87,790

75,355

71,186

58,546

32,145

953

-853

1,470

13,453

14,499

4,360

981

14,485

13,003

15,147

13,978

4,674

-4,662

8,465

2,387

6,155

10,096

10,090

9,365

11,192

1,894

-4,590

807

603

395

-3,390

3,929

0

0

0

Other current assets

6,009

3,310

-1,730

10,015

5,332

8,533

17,881

15,848

14,931

10,562

6,333

-3,141

-4,427

-3,187

2,672

6,442

2,985

-203

-3,847

-6,210

-935

2,856

6,124

3,103

625

-1,980

3,461

7,284

6,707

2,892

-7,995

-2,588

-2,918

1,843

0

0

0

Accounts payable

-9,232

-20,536

5,726

16,154

16,187

22,470

-13,879

-27,109

-23,978

17,457

29,587

21,045

22,102

6,502

2,810

-614

4,995

3,786

10,021

-2,813

2,338

16,249

-929

-6,167

3,044

-1,743

5,534

5,900

-17,291

-8,684

-2,205

11,939

58

9,717

0

0

0

Accrued expenses and other liabilities

-4,064

-386

533

8,023

-3,302

-1,145

9,677

5,039

18,347

30,305

19,261

11,362

4,242

10,181

830

-3,241

-1,550

-3,251

-5,291

-1,574

720

3,695

4,330

2,988

-523

1,255

-2,468

2,996

-2,280

-656

3,547

58

4,339

1,421

0

0

0

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,892

-

-617

713

61

-3,371

-3,089

-2,398

756

7,751

5,740

3,284

-824

-6,106

-6,008

-3,356

-419

52

0

0

0

Deferred revenue and customer advances

-

-

-

-

-

-

-

-

-

-

2,224

1,332

1,568

2,996

793

939

2,640

-584

-430

-936

-2,651

-1,236

683

-223

791

-1,172

-92

1,392

1,207

4,730

-240

-158

-1,226

-2,007

0

0

0

Long-term liabilities

-

-

-

-

-

-

-

-

-

-

3,602

-1,350

-1,469

-908

1,676

4,500

3,890

3,970

-1,233

-979

-595

-997

-290

211

-619

515

40

-507

268

-613

213

219

216

671

0

0

0

Net cash provided by operating activities

118,083

130,052

-187

66,669

94,598

71,685

65,510

69,844

79,346

76,315

100,488

113,590

94,560

116,424

73,769

50,578

67,614

26,712

60,709

60,161

56,089

40,606

30,986

25,898

33,974

41,892

37,344

46,563

34,185

37,861

47,951

61,123

59,470

55,735

0

0

0

Cash flows from investing activities:
Additions of property and equipment

36,643

35,337

34,218

32,843

29,709

32,422

32,025

24,383

29,080

23,371

19,095

19,208

11,435

10,817

10,167

8,714

7,317

9,372

12,163

13,789

16,042

13,774

10,688

9,525

7,929

6,829

8,012

6,642

6,204

6,770

6,721

8,759

10,100

13,011

0

0

0

Change in other assets

5,019

5,436

5,436

5,067

4,719

2,363

2,431

2,468

659

1,542

3,032

2,576

2,074

2,093

435

428

1,023

1,015

1,265

1,265

765

250

0

0

0

2,000

2,000

2,000

2,000

6,000

0

0

0

-

-

-

-

Purchases of investments

-

-

-

-

-

6,438

9,982

9,982

13,518

10,578

7,032

14,036

20,052

16,554

16,556

13,127

14,214

17,755

24,760

24,685

23,549

31,219

29,263

28,263

26,610

17,946

12,897

10,397

7,633

5,086

9,275

9,275

4,189

9,189

0

0

0

Sales and maturities of investments

14,000

12,880

12,880

12,880

12,880

14,000

13,066

13,066

13,066

13,066

8,498

8,500

10,500

9,500

14,002

15,500

20,500

20,500

27,000

22,000

16,500

16,500

7,500

12,044

9,544

8,044

15,544

11,000

8,500

10,000

2,500

2,500

5,000

5,000

0

0

0

Net cash used in investing activities

-20,692

-20,923

-29,591

-27,620

-20,692

-26,367

-162,546

-155,168

-177,689

-169,923

-36,129

-42,788

1,093

4,190

16,643

23,030

3,591

-1,997

-11,188

-17,739

-23,856

-28,743

-32,451

-25,094

-24,345

-18,081

-81,245

-82,569

-81,867

-82,386

-19,496

-21,534

-15,289

-17,200

0

0

0

Cash flows from financing activities:
Proceeds from employee stock plans

5,518

7,147

7,399

12,441

12,530

10,366

9,531

7,813

10,250

10,573

13,838

11,566

9,229

9,344

7,575

7,505

5,835

6,464

4,475

3,394

3,452

8,943

9,118

11,437

18,842

13,629

12,668

12,147

4,747

4,326

8,025

6,826

10,140

13,401

0

0

0

Income tax withholding payment associated with restricted stock vesting

1,881

7,277

7,277

7,277

7,266

3,532

3,541

3,541

3,683

2,983

2,974

3,010

2,860

1,300

1,300

1,291

1,395

1,295

1,389

1,400

1,626

1,626

1,835

1,842

1,817

1,212

916

873

1,070

784

860

894

702

928

0

0

0

Stock repurchases

25,000

0

0

0

0

-

-

-

-

-

-

-

-

97,021

110,352

129,490

44,490

37,393

25,740

6,602

6,602

1,678

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit of excess stock-based compensation deductions

-

-

-

-

-

-

-

-

-

-

-

-

-

2,971

1,787

1,518

1,174

1,467

1,139

1,084

1,380

3,051

2,875

3,462

4,594

2,406

2,222

2,046

783

1,445

2,376

2,297

5,180

6,917

0

0

0

Net cash used in financing activities

-21,363

-130

122

5,164

-44,736

-43,166

-44,010

-45,728

6,567

7,590

12,720

10,751

-75,927

-86,006

-102,290

-121,758

-38,876

-30,757

-21,515

-3,524

-3,396

8,690

10,158

13,057

21,619

14,823

13,974

13,320

4,460

4,987

9,541

8,229

14,618

19,390

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-354

20

76

-201

-577

-414

-618

-338

549

130

155

154

12

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and Cash Equivalents, Period Increase (Decrease)

-

-

-

-

-

1,738

-141,664

-131,390

-91,227

-85,888

77,234

81,707

19,738

34,608

-11,878

-48,150

32,329

-6,042

28,006

38,898

28,837

20,553

8,693

13,861

31,248

38,634

-29,927

-22,686

-43,222

-39,538

37,996

47,818

58,799

57,925

0

0

0

Supplemental disclosure of cash flow information
Cash paid for income taxes

-

-

-

-

-

-

-

-

24,976

25,879

20,581

15,390

14,728

14,061

17,368

17,115

18,197

14,341

8,837

10,026

13,264

15,508

15,635

12,328

9,009

7,235

11,559

11,486

12,911

11,663

7,266

6,665

5,609

8,046

0

0

0

Noncash investing activity, transfer of inventory to property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

223

0

0

0

-

-

-

-

-

-

-

-

Transfer of inventory to property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Additions of property and equipment included in accounts payable

-

-

-

-

-

-

-

0

5,543

-

2,914

2,975

3,598

1,550

788

418

781

848

3,318

3,547

2,342

3,235

1,243

1,502

1,945

572

0

0

0

-

-

-

-

-

-

-

-