Iridium communications inc. (IRDMB)
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
Net Income (Loss) Attributable to Parent

-175,677

-161,999

-61,724

-56,568

-42,880

-13,384

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from operating activities:
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Deferred Income Tax Expense (Benefit)

-61,174

-53,897

-36,434

-37,002

-21,879

-8,334

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

300,735

297,705

289,728

277,293

252,656

218,207

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

141,712

111,710

3,311

3,311

3,518

7,292

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based Payment Arrangement, Noncash Expense

15,509

15,138

14,656

14,750

13,531

14,490

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,895

0

0

0

Amortization of Debt Issuance Costs

14,958

18,904

19,563

17,858

14,981

10,145

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Expenses

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Operating Activities, Cash Flow Statement

852

952

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts Receivable

-3,482

-2,509

2,555

24,468

3,064

12,783

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Inventories

3,002

12,951

16,333

17,101

14,952

7,579

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Prepaid Expense and Other Assets

-6,464

-7,973

-6,767

-9,121

-7,936

-5,705

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Other Noncurrent Assets

-5,195

-3,097

-454

-716

-191

1,417

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Accounts Payable

-5,843

-4,300

2,256

-1,197

-812

-732

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities

-4,096

-4,174

-47,882

-12,634

-1,188

17,560

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Interest Payable, Net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Deferred Revenue

-5,030

-6,435

-9,731

-6,456

1,949

13,530

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Other Noncurrent Liabilities

141

-3,170

-2,359

-1,636

-237

598

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Operating Activities

190,836

198,143

180,622

186,709

253,552

263,709

281,941

280,843

254,034

259,621

263,858

236,230

242,044

225,199

219,100

233,600

212,967

217,479

224,475

216,389

223,938

214,872

192,051

173,983

168,317

183,048

185,640

184,896

194,834

174,023

184,253

188,768

187,664

183,461

0

0

0

Cash flows from investing activities:
Capital expenditures

92,663

117,819

199,417

268,940

343,072

391,390

404,124

446,966

434,124

400,107

464,608

417,057

378,809

405,687

474,804

477,406

520,579

494,810

547,933

507,198

432,599

441,065

285,031

359,932

442,822

403,547

483,756

406,638

426,107

441,654

340,403

375,237

337,972

359,404

0

0

0

Payments to Acquire Other Investments

0

10,000

10,000

10,000

10,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of marketable securities

-

-

-

-

-

235,528

237,550

208,306

24,020

7,013

4,991

451

6,391

19,865

50,825

93,109

181,496

204,672

263,924

286,323

302,346

275,819

211,221

155,488

65,738

126,408

100,794

91,393

70,793

0

0

0

0

-

-

-

-

Sales and maturities of marketable securities

-

-

-

-

-

248,006

258,543

29,805

36,835

34,440

36,805

54,828

97,867

183,192

218,220

292,932

324,521

260,108

257,198

171,331

101,889

90,630

67,825

69,866

60,997

49,119

26,904

11,993

4,103

0

0

0

0

-

-

-

-

Investment in equity method affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

6,888

6,888

6,888

1,888

0

0

0

-

-

-

-

Net cash used in investing activities

-92,663

-127,819

-209,417

-78,435

-332,310

-378,912

-383,131

-625,467

-421,309

-372,680

-432,794

-362,680

-287,333

-242,360

-307,409

-277,583

-377,554

-439,374

-554,659

-622,190

-633,056

-626,254

-428,427

-445,554

-447,563

-485,836

-564,534

-492,926

-499,685

-443,542

-340,336

-375,170

-337,905

-359,337

0

0

0

Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on the senior unsecured notes, including extinguishment costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of deferred financing fees

31,365

28,803

175

799

1,794

21,239

21,504

22,759

21,829

3,852

5,610

5,181

8,801

11,806

14,760

16,558

17,808

14,984

22,369

19,604

17,401

17,580

12,055

16,736

20,414

18,716

21,892

18,930

20,815

22,168

17,787

19,435

16,869

33,450

0

0

0

Proceeds from Lines of Credit

-

-

-

-

-

-

-

-

-

22,207

125,655

144,274

201,766

251,498

225,834

258,104

279,992

230,421

354,499

308,724

249,282

252,198

153,249

230,873

312,700

287,416

347,352

285,564

310,710

334,654

256,611

295,704

259,339

274,976

0

0

0

Proceeds from Issuance of Unsecured Debt

-

-

-

-

-

360,000

360,000

360,000

360,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Instrument, Milestone Payment

-

-

-

-

-

-59,936

59,936

59,936

59,936

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash refunds (deposits), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

13,522

-

2,544

5,027

5,016

15,889

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash - Credit Facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

27,073

27,016

27,027

27,034

0

0

0

Proceeds from exercise of stock options

12,517

13,471

16,528

18,237

13,802

12,445

6,967

5,659

4,662

4,235

3,287

2,041

874

549

470

160

1,831

2,154

2,963

3,409

1,846

1,508

633

177

27

25

0

0

0

-

-

-

-

40

0

0

0

Tax payment upon settlement of stock awards

4,294

4,596

4,563

4,311

4,062

1,981

1,715

1,624

1,572

1,865

1,826

1,794

1,759

627

663

676

772

886

692

842

743

83

246

63

46

26

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

806

742

697

533

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment of preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Net cash (used in) provided by financing activities

-497,945

-313,280

-176,825

-103,488

-72,413

193,503

242,254

239,782

265,898

16,866

135,777

138,857

187,634

224,178

176,047

217,109

239,567

202,075

317,162

271,170

445,082

438,844

346,500

411,051

258,420

234,712

386,492

338,216

363,233

387,571

220,649

249,297

193,227

192,310

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-1,624

1,230

8

-713

-47

-1,270

-820

280

-46

144

163

-36

667

512

595

-10

-547

-755

-3,417

-2,823

-2,670

-2,555

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-401,396

-241,726

-205,612

4,073

-151,218

77,030

140,244

-104,562

98,577

-96,049

-32,996

12,371

143,012

207,529

88,333

173,116

74,433

-20,575

-16,439

-137,454

33,294

24,907

110,124

139,480

-20,826

-68,076

7,598

30,186

58,382

118,052

64,566

62,895

42,986

16,434

0

0

0

Supplemental cash flow information:
Interest Paid, Net of Amounts Capitalized

152,411

119,464

99,406

58,771

35,322

35,690

-5,113

-4,929

787

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid, net

-632

-606

1,158

1,020

958

931

768

849

823

1,660

2,053

1,968

1,981

1,391

2,612

3,024

3,503

3,429

2,141

1,051

381

184

-111

280

290

-2,920

-2,950

-2,833

-2,837

348

-2,005

-6,042

-6,092

-6,296

0

0

0

Supplemental disclosure of non-cash investing activities:
Property and equipment received but not yet paid for

3,618

3,975

2,685

-6,803

-27,712

11,900

21,132

-41,400

130,243

90,748

51,873

150,087

2,362

2,753

26,970

7,355

28,606

26,770

38,564

32,197

13,965

16,566

13,128

9,216

-5,804

10,690

7,077

-12,562

-83,153

3,516

14,765

-251

101,676

14,409

0

0

0

Interest capitalized but not yet paid

-6,084

0

-17,141

-5,022

-22,330

9,194

7,725

17,887

17,247

15,021

17,183

15,094

19,135

14,136

17,702

14,649

18,071

12,232

15,739

11,780

14,086

9,589

12,567

10,093

13,999

7,989

10,954

6,490

14,493

5,359

8,909

6,618

5,605

2,979

0

0

0

Capitalized amortization of deferred financing costs

948

2,416

4,530

7,371

11,246

16,306

22,364

27,687

27,358

27,304

28,111

30,132

30,969

28,688

24,189

17,005

18,164

18,372

18,228

16,800

12,088

11,174

24,119

26,112

27,508

25,715

10,008

8,396

5,611

3,896

0

0

0

-

-

-

-

Capitalized stock-based compensation

1,453

1,503

2,067

1,851

2,456

2,237

1,713

2,306

2,060

2,736

2,566

2,522

2,515

2,265

2,349

1,727

1,403

1,046

1,015

1,285

1,268

1,259

905

974

1,017

1,034

1,268

1,165

1,007

819

0

0

0

-

-

-

-

Series A Preferred Stock [Member]
Payment of preferred stock dividends

-

-

-

-

-

7,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series B Preferred Stock [Member]
Payment of preferred stock dividends

-

-

-

-

-

8,427

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-