Keyw holding corp (KEYW)
CashFlow / Quarterly
Mar'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

-4,050

-5,501

-1,987

-11,393

-3,399

15,571

-6,030

-19,046

-3,884

-3,723

2,463

-9,571

-15,410

-13,095

-8,004

-31,676

-5,847

-5,707

-3,022

-1,730

-3,076

-1,095

-5,502

-2,360

-2,262

180

342

325

168

317

106

48

64

Adjustments to reconcile net loss to net cash used in operating activities:
Share-based compensation

1,313

1,407

1,252

1,069

1,180

1,174

956

1,140

958

1,300

1,025

659

488

1,135

1,090

2,110

1,189

1,369

1,750

1,678

1,624

1,417

1,494

1,533

1,287

956

722

699

647

660

671

742

756

Depreciation and amortization expense

4,256

5,710

5,673

5,446

7,059

5,739

6,691

6,598

3,082

3,395

3,023

3,399

4,038

4,665

5,104

5,066

5,014

5,253

4,840

4,851

4,679

7,627

7,455

7,585

8,266

8,033

5,950

5,900

5,897

6,247

4,185

2,737

2,323

Goodwill, Impairment Loss

-

-

-

-

-

-

-

-

-

0

0

0

6,980

8,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Provision for Loss (Gain) on Disposal, before Income Tax

-

-

-

-

-

-

-

-

-

-

-

-

2,275

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Debt Discount (Premium)

514

468

561

1,189

1,911

1,896

1,882

1,866

1,608

1,594

1,580

1,565

1,555

1,307

1,294

1,280

1,268

1,242

967

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Write-off of deferred financing costs

-

-

-

-

-

-

-

-

-

0

0

0

340

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposal of assets

220

-

-1,790

-1,244

-151

-

0

0

0

-

0

226

3,221

-

-38

-1,148

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash impact of TI earn-out reduction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

146

0

0

0

0

-

-

-

-

Shortfall (windfall) tax benefit from option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

662

-1,035

996

421

219

0

0

0

-

-

-

-

-

-

-

-

Deferred taxes

-960

-1,136

-717

-2,062

-689

-15,907

1,950

3,062

0

-12

-1,896

3,002

868

964

-37

21,501

0

-6,121

-375

2,393

-2,276

-2,019

-1,912

-2,677

-721

525

-2,389

0

0

-

-

-

-

Changes in assets and liabilities:
Accounts receivable, net

5,555

-

4,551

-7,587

-12,817

-

-16,176

10,810

703

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled receivables, net

-2,069

-

-9,836

-7,482

33,858

-

7,761

-6,676

1,249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

-

-

-

-

-

-

-

-

-

4,868

7,181

-13,801

-4,493

4,803

-4,571

152

-1,752

7,564

-12,873

11,746

-2,130

993

-9,585

58

947

3,284

-5,304

136

10,430

-409

-1,851

-978

5,022

Inventories, net

528

-1,867

736

1,054

507

2,698

2,190

2,058

1,581

131

-337

344

1,158

143

368

2,286

1,644

-1,886

827

2,401

1,635

-211

1,813

-246

-70

-511

390

548

886

515

-281

635

1,034

Prepaid expenses and other current assets

-227

-868

778

1,189

-371

-926

-313

187

345

-449

-197

470

951

-180

147

93

-416

516

-599

441

225

-876

720

207

63

-748

-624

-259

721

-176

-3,735

2,003

620

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69

0

0

0

-

-

-

-

Income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,548

-

-2,777

-2,048

574

-

0

503

-407

-

-

-

-

-

-

-

-

Accrued expenses

903

1,800

-669

-13,076

1,914

7,740

-2,087

6,774

-738

-1,623

1,740

-4,074

-737

-924

1,593

928

-256

-681

-6,466

10,120

-711

-63

-2,020

592

1,675

426

-1,294

1,287

-717

-845

-2,102

1,298

-1,045

Accrued expenses

-10,408

1,392

3,701

-3,509

-2,894

-4,333

-1,547

6,453

-923

2,391

385

2,114

1,350

-2,991

4,287

7,668

-3,830

-235

2,216

2,466

-2,289

-4,964

3,912

3,437

-6,647

-6,072

2,280

2,185

-822

1,411

1,646

-2,314

-2,297

Other non-current assets and liabilities

-178

-

177

280

344

-

323

1,474

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-197

-59

-318

-443

-516

-308

-243

-197

34

672

56

-214

-37

2,291

-163

-7

7

249

32

-329

25

Net Cash Provided by (Used in) Operating Activities

-12,261

13,082

13,364

2,883

-16,288

3,311

8,030

-1,006

-3,835

8,582

1,518

11,014

1,107

-2,819

9,739

9,485

-4,970

-5,281

13,032

2,343

-1,660

-4,253

10,423

8,808

142

-390

11,312

9,978

-6,871

6,243

10,003

957

-6,900

Cash flows from investing activities:
Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

225

0

4,438

16,328

0

2,360

580

0

0

0

26

6,725

131,392

0

0

0

3,360

29,753

15,542

9,918

Purchases of property and equipment

1,766

2,585

292

1,267

788

1,291

1,449

720

2,959

9,148

4,630

2,191

1,567

1,001

7,820

2,917

2,004

4,182

674

3,161

1,494

793

1,452

1,883

2,108

3,252

1,781

2,710

1,431

1,554

1,475

306

173

Proceeds from sale of property and equipment

3,412

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized software development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

101

-

-

-

-

0

0

1,443

1,273

1,547

0

0

0

-

-

-

-

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

0

5,226

11,000

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Investing Activities

1,646

-2,585

-292

-1,267

-788

-1,056

-1,449

-236,811

-2,959

-9,148

-7,134

3,035

9,433

-1,226

-7,820

-7,254

-18,433

-3,012

-4,204

-3,741

-1,494

-765

-1,452

-3,352

-10,106

-136,191

-1,781

-2,710

-1,431

-4,914

-31,228

-15,848

-10,091

Cash flows from financing activities:
Repayments of Senior Debt

0

5,000

10,000

129,937

1,688

1,687

1,688

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from option exercises, net

-

-

-

-

-

-

-

81

28

-

191

2,027

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments of term note

0

-

0

16,000

9,000

-

0

10,000

0

-

-

-

-

-

-

-

-

68,000

-30,000

6,000

2,000

61,000

-4,000

-5,000

8,000

101,000

-52,200

-8,300

11,000

30,500

20,000

15,000

14,000

Payments of debt issuance costs

0

0

0

20,000

5,000

0

10,000

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68,000

59,500

1,750

1,750

60,750

1,313

1,312

1,313

81,312

0

0

0

-

-

-

-

Proceeds from stock issuance, net

-

-

-

-

-

-

0

0

84,586

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

15

-

-

-

32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,948

3,079

0

0

0

(Shortfall) windfall tax benefit from option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

662

-1,035

996

421

219

0

0

0

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

301

4,498

93

32

58

133

185

67

411

120

629

705

228

148

171

51

-

-

-

-

Proceeds from option and warrant exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

213

Net cash provided by financing activities

15

-5,031

-10,340

23,219

2,344

-1,689

-11,581

140,392

84,614

-68

191

2,027

87

301

4,498

93

32

720

34,249

5,431

738

880

-5,193

-5,683

7,392

90,056

42,399

-8,129

8,103

-2,416

20,103

15,377

14,213

Net decrease in cash and cash equivalents

-10,600

-

-

-

-14,732

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

566

-5,000

-97,425

77,820

-634

-5,425

16,076

10,627

-3,744

6,417

2,324

-23,371

-7,573

43,077

4,033

-2,416

-4,138

3,778

-227

-2,572

-46,525

51,930

-861

-199

-1,087

-1,122

486

-2,778

Supplemental disclosure of cash flow information:
Cash paid for interest

6,155

5,884

6,124

5,178

3,786

1,804

2,615

2,110

1,897

25

1,899

33

1,926

64

1,930

109

1,811

58

241

817

618

844

867

864

980

755

426

429

449

338

198

136

8

Cash paid for taxes

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for taxes

-

-

-

87

1

-

-1

10

6

-

6

41

42

-

-1

51

47

-

35

1

35

-

502

1,717

406

1,570

1,436

2,234

557

135

0

93

0