LIMELIGHT NETWORKS, INC. LLNW Cash Flow

Limelight networks, inc. (LLNW)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating activities
Net loss
-5,257	2,458	-2,751	-7,192	-8,559	-5,193	-273	15,159	149	-912	-1,756	-1,625	-3,337	-3,919	-6,122	-57,938	-5,946	-4,145	-7,762	-6,362	-5,683	-5,007	-5,075	-6,869	-7,640	-5,114	-10,918	-11,234	-8,136	-12,234	-828	-9,828	-10,006	-6,553	5,018	-13,935	-9,818
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,943	-218	-391	-309	10,114	748	-2,766	-3,318
Net loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,291	-610	-9,437	-9,697	-54,137	41,740	-11,169	-6,500
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
5,491	5,615	5,134	4,754	4,562	4,416	4,377	4,829	4,968	5,131	5,109	5,128	5,146	5,064	5,014	5,115	5,291	5,816	5,284	5,011	4,793	4,646	5,032	5,121	5,403	6,343	6,711	7,562	8,130	8,522	8,452	8,634	8,227	8,555	8,534	8,520	7,208
Share-based compensation
5,064	3,315	3,358	3,649	3,456	5,485	3,421	3,557	3,367	3,302	3,112	3,255	3,075	3,683	2,987	3,293	3,496	2,865	3,124	3,280	3,069	2,691	2,587	2,634	2,579	2,545	3,223	3,227	3,350	3,640	3,663	3,221	3,951	4,187	2,989	4,872	3,833
Foreign currency remeasurement (gain) loss
397	-79	-21	135	-10	65	-64	271	-110	-140	-79	-290	-289	-76	-343	-467	301	-492	488	-96	1,691	1,100	1,207	-152	12	27	-641	284	861	276	-517	247	97	-	-	-	-
Deferred income taxes
44	-300	61	-82	51	-103	16	111	-41	108	73	94	50	-195	39	68	-82	-67	-94	62	53	174	-17	179	23	119	-80	118	171	-261	125	62	112	-	-	-	-
Gain on sale of property and equipment
0	0	5	21	30	6	18	97	16	316	2	17	75	218	162	134	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	5	-79
Accounts receivable charges
158	519	580	437	257	449	157	78	218	217	242	241	249	101	69	83	-116	299	268	224	246	-75	-29	352	160	207	225	207	326	905	221	458	426	262	298	388	233
Amortization of premium on marketable securities
0	-1	-9	-8	-12	-33	-24	-25	-33	-55	-65	-80	-83	-48	0	0	-19	-42	-46	-48	-58	-85	-88	-113	-173	-177	-182	-184	-96	-107	-123	-143	-99	-27	81	58	-49
Realized loss on sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-32	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non cash increase in cost basis investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,056	0	902	-374	-359	-397	-209	-73
Changes in operating assets and liabilities:
Accounts receivable
285	-823	5,300	2,031	3,720	343	-5,558	-493	270	3,886	800	2,204	-978	4,661	-1,944	-2,497	540	-57	-4,025	4,312	4,980	104	-1,652	1,169	1,979	-2,404	1,398	-2,835	1,260	-901	446	1,302	-280	379	1,623	-847	-1,160
Prepaid expenses and other current assets
1,433	324	885	-582	474	-64	2,757	655	-882	887	322	47	-914	-315	-941	191	-3,583	490	-498	1,352	-1,150	747	1,617	-1,645	1,073	708	33	-878	-1,085	76	-1,534	-1,813	361	-1,102	1,028	-253	909
Income taxes receivable
-3	3	-45	0	2	-25	-7	-61	124	-4	-13	8	-29	15	-16	-51	13	-9	-24	-13	2	-95	53	-129	21	26	17	-7	-141	47	135	223	35	-452	106	37	125
Other assets
-626	1,547	-781	1,685	1,737	-201	192	72	495	-249	-13	-11	3	-22	-50	-166	-342	-1,477	-578	-217	-792	-616	-63	-311	-617	389	-341	-461	-106	72	-580	4	2,130	296	-370	-8	3,941
Accounts payable and other current liabilities
5,892	-2,383	-2,798	4,230	2,243	-1,807	3,058	-3,298	-2,286	-730	2,048	3,861	-1,160	-1,087	1,769	1,566	-4,005	-425	-1,156	3,389	-1,723	-977	-2,197	-512	3,808	-2,910	252	946	-96	265	2,176	603	-625	-4,815	2,666	491	-833
Deferred revenue
-250	-232	-112	-148	-297	1,004	-82	37	130	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-101	-302	-	-1,091	-934	473	-681	-568	520	-203	-216	-86	24	-831	-252	-827	-615	1,698	-544	142	-509	774	1,540	45	-1,831	-775
Other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	153	-2,972	-	803	708	-1,947	1,040	-732	955	-1,246	736	-1,466	-601	-1,923
Income taxes payable
2	-143	61	81	62	17	-113	160	-397	69	46	138	-4	68	-21	72	-127	-2	-78	52	-52	-19	-95	-13	-106	-151	96	53	307	-55	-22	322	-500	-1,045	-573	312	-51
Payments related to litigation, net
0	0	0	1,520	1,520	1,520	1,520	1,520	4,500	4,500	4,500	4,500	4,500	4,500	4,500	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long term liabilities
6	16	15	23	-175	52	-3	-19	-151	-206	-202	-185	-197	-307	-213	-1,237	900	1,357	-225	-175	-269	-251	-310	-62	-173	-350	-166	-166	-116	-118	-73	50	-508	342	548	370	84
Net cash provided by (used in) operating activities
9,576	8,503	-1,908	1,114	-5,963	2,915	11,692	3,456	1,659	-2,885	3,025	4,223	1,135	-4,405	985	6,808	3,170	6,738	3,664	587	-4,548	-	1,593	1,502	-2,090	-	-787	4,673	2,652	-	5,851	4,274	-1,928	3,724	1,652	2,161	-2,642
Investing activities
Purchases of marketable securities
0	0	0	1,013	9,266	4,669	15,962	0	0	4,547	2,864	2,993	4,526	45,629	0	0	0	1	4,899	1,965	9,956	7,813	2,986	9,486	5,197	9,236	3,841	7,931	38,039	0	3,098	8,713	15,469	7,396	9,688	4,218	1,410
Sale and maturities of marketable securities
0	3,211	1,000	18,929	12,224	3,500	8,850	7,000	4,515	13,012	3,500	6,994	7,250	1,000	0	0	28,315	5,700	5,160	1,920	9,840	6,600	2,685	8,485	4,380	9,580	7,426	5,000	22,895	8,340	5,103	6,879	7,303	1,412	2,350	4,200	6,970
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	62,790	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment
6,863	10,480	7,750	11,456	5,018	5,618	4,214	4,291	1,990	4,919	5,328	4,733	5,745	4,897	2,986	259	1,421	3,960	8,693	5,395	6,666	4,597	5,075	5,844	3,065	5,890	5,563	4,519	2,603	916	7,362	4,432	5,680	3,491	7,529	11,370	7,973
Proceeds from sale of property and equipment
0	0	5	17	29	4	18	97	16	14	3	22	58	504	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	224	367	1,011	5,839	-	-	-	-
Net cash used in investing activities
-6,863	-7,269	-6,745	6,477	-2,031	-6,783	-11,308	2,806	2,541	3,560	-4,689	-710	-2,963	-49,022	59,804	-259	-35,896	1,739	-8,432	-5,440	-6,782	-5,810	-5,376	-6,431	-3,882	8,032	-1,973	-7,331	-17,747	7,648	5,164	-5,255	-8,007	-9,475	46,266	-18,881	-2,413
Financing activities
Principal payments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,207	319	159	95	0	0	358	54	89	163	160	177	278	417	429	427	441	445	436	402	352	403	227
Payments of employee tax withholdings related to restricted stock vesting
1,515	1,079	1,015	619	894	985	996	1,206	1,606	1,925	655	880	1,036	676	362	298	646	348	335	837	1,107	340	284	307	864	63	180	771	1,358	82	83	259	259	136	113	713	234
Proceeds from line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	12,790	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for the purchase of common stock
-	-	-	-	-	0	0	0	3,800	0	0	0	0	-	-	-	-	0	0	0	957	2,042	1,296	1,204	0	0	0	0	5,512	4,578	3,171	11,941	1,161	-	-	-	-
Proceeds from line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from employee stock plans
2,138	3,290	13	1,095	8	1,374	737	4,032	30	1,448	12	1,077	111	1,839	48	813	43	1,287	212	544	1,975	414	233	617	117	234	27	2	0	-	-	-	-	-	-	-	-
Proceeds from secondary public offering, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-48	-72	77,169
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	7	118	-	136	71	415
Net cash provided by (used in) financing activities
623	2,211	-1,002	476	-886	389	-259	2,826	-5,376	-477	-643	197	-925	1,163	-17,311	196	12,028	844	-123	-293	-447	-2,022	-1,436	-1,057	-907	-6	-431	-1,186	-7,299	-5,052	-3,665	-12,638	-1,738	-15,590	-9,587	-1,117	77,123
Effect of exchange rate changes on cash and cash equivalents
-250	58	-211	132	-4	184	-166	-232	127	-30	79	110	171	-402	37	-1	159	-93	-159	140	-482	-892	-1,153	176	137	-350	310	-208	-358	-232	89	-85	57	447	-420	90	234
Net increase (decrease) in cash and cash equivalents
3,086	3,503	-9,866	8,199	-8,884	-3,295	-41	8,856	-1,049	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used in operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,597	-899	-793	-1,111
Cash used in investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-143	-464	-77
Net cash used in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,597	-1,042	-1,257	-1,188
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-2,228	3,820	-2,582	-52,666	43,515	6,744	-20,539	9,228	-5,050	-5,006	-12,259	-9,261	-6,376	-5,810	-6,742	6,734	-2,889	-4,052	-22,752	6,447	7,439	-13,704	-11,616	-23,491	36,869	-19,004	71,114
Supplemental disclosure of cash flow information
Cash paid during the period for interest
10	46	10	10	10	11	10	7	59	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	-	-	0	4	-	328	200	154	25	0	0	4	6	7	8	11	12	16	21	27	42	40	45	51	68	66	33	36
Cash paid during the year for income taxes, net of refunds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	202	269	167	790	202	949	208	492
Cash paid during the period for income taxes, net of refunds
220	-	127	97	116	-	225	167	451	-	176	100	124	-	176	57	224	-	106	106	178	-	231	152	198	-	53	106	-194	-	-	-	-	-	-	-	-
Property and equipment acquired through leasehold incentives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,361
Contingent consideration common stock issued in connection with acquisition of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77	0	0	109	-15	0	0	1,404
Property and equipment acquired through capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,138	1,521	2,035	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment expenditures remaining in accounts payable and other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-44	-340	2,503	-	-432	1,227	233	284	-1,495	720	1,439	2,492	-4,092	1,916	2,959