LIMELIGHT NETWORKS, INC. LLNW Cash Flow

Limelight networks, inc. (LLNW)

CashFlow / TTM

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
-12,742	-16,044	-23,695	-21,217	1,134	9,842	14,123	12,640	-4,144	-7,630	-10,637	-15,003	-71,316	-73,925	-74,151	-75,791	-24,215	-23,952	-24,814	-22,127	-22,634	-24,591	-24,698	-30,541	-34,906	-35,402	-42,522	-32,432	-31,026	-32,896	-27,215	-21,369	-25,476	-25,288	0	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,861	9,196	10,162	7,787	4,778	0	0	0
Net loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30,035	-73,881	-31,531	-33,263	-30,066	0	0	0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
20,994	20,065	18,866	18,109	18,184	18,590	19,305	20,037	20,336	20,514	20,447	20,352	20,339	20,484	21,236	21,506	21,402	20,904	19,734	19,482	19,592	20,202	21,899	23,578	26,019	28,746	30,925	32,666	33,738	33,835	33,868	33,950	33,836	32,817	0	0	0
Share-based compensation
15,386	13,778	15,948	16,011	15,919	15,830	13,647	13,338	13,036	12,744	13,125	13,000	13,038	13,459	12,641	12,778	12,765	12,338	12,164	11,627	10,981	10,491	10,345	10,981	11,574	12,345	13,440	13,880	13,874	14,475	15,022	14,348	15,999	15,881	0	0	0
Foreign currency remeasurement (gain) loss
432	25	169	126	262	162	-43	-58	-619	-798	-734	-998	-1,175	-585	-1,001	-170	201	1,591	3,183	3,902	3,846	2,167	1,094	-754	-318	531	780	904	867	103	0	0	0	-	-	-	-
Deferred income taxes
-277	-270	-73	-118	75	-17	194	251	234	325	22	-12	-38	-170	-42	-175	-181	-46	195	272	389	359	304	241	180	328	-52	153	97	38	0	0	0	-	-	-	-
Gain on sale of property and equipment
26	56	62	75	151	137	447	431	351	410	312	472	589	514	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accounts receivable charges
1,694	1,793	1,723	1,300	941	902	670	755	918	949	833	660	502	137	335	534	675	1,037	663	366	494	408	690	944	799	965	1,663	1,659	1,910	2,010	1,367	1,444	1,374	1,181	0	0	0
Amortization of premium on marketable securities
-18	-30	-62	-77	-94	-115	-137	-178	-233	-283	-276	-211	-131	-67	-61	-107	-155	-194	-237	-279	-344	-459	-551	-645	-716	-639	-569	-510	-469	-472	-392	-188	13	63	0	0	0
Realized loss on sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-32	-32	-32	-32	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non cash increase in cost basis investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-528	169	-228	-1,339	-1,038	0	0	0
Changes in operating assets and liabilities:
Accounts receivable
6,793	10,228	11,394	536	-1,988	-5,438	-1,895	4,463	7,160	5,912	6,687	3,943	-758	760	-3,958	-6,039	770	5,210	5,371	7,744	4,601	1,600	-908	2,142	-1,862	-2,581	-1,078	-2,030	2,107	567	1,847	3,024	875	-5	0	0	0
Prepaid expenses and other current assets
2,060	1,101	713	2,585	3,822	2,466	3,417	982	374	342	-860	-2,123	-1,979	-4,648	-3,843	-3,400	-2,239	194	451	2,566	-431	1,792	1,753	169	936	-1,222	-1,854	-3,421	-4,356	-2,910	-4,088	-1,526	34	582	0	0	0
Income taxes receivable
-45	-40	-68	-30	-91	31	52	46	115	-38	-19	-22	-81	-39	-63	-71	-33	-44	-130	-53	-169	-150	-29	-65	57	-105	-84	34	264	440	-59	-88	-274	-184	0	0	0
Other assets
1,825	4,188	2,440	3,413	1,800	558	510	305	222	-270	-43	-80	-235	-580	-2,035	-2,563	-2,614	-3,064	-2,203	-1,688	-1,782	-1,607	-602	-880	-1,030	-519	-836	-1,075	-610	1,626	1,850	2,060	2,048	3,859	0	0	0
Accounts payable and other current liabilities
4,941	1,292	1,868	7,724	196	-4,333	-3,256	-4,266	2,893	4,019	3,662	3,383	1,088	-1,757	-1,095	-4,020	-2,197	85	-467	-1,508	-5,409	122	-1,811	638	2,096	-1,808	1,367	3,291	2,948	2,419	-2,661	-2,171	-2,283	-2,491	0	0	0
Deferred revenue
-742	-789	447	477	662	1,089	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	0	-1,597	-	-2,233	-1,710	-256	-932	-467	15	-481	-1,109	-1,145	-1,886	-2,525	4	-288	681	787	-137	1,947	1,850	528	-1,021	0	0	0
Other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	604	-931	-684	17	-287	-1,021	-2,577	-3,254	0	0	0
Income taxes payable
1	61	221	47	126	-333	-281	-122	-144	249	248	181	115	-8	-78	-135	-155	-80	-97	-114	-179	-233	-365	-174	-108	305	401	283	552	-255	-1,245	-1,796	-1,806	-1,357	0	0	0
Payments related to litigation, net
1,520	3,040	4,560	6,080	6,080	9,060	12,040	15,020	18,000	18,000	18,000	18,000	13,500	9,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long term liabilities
60	-121	-85	-103	-145	-121	-379	-578	-744	-790	-891	-902	-1,954	-857	807	795	1,857	688	-920	-1,005	-892	-796	-895	-751	-855	-798	-566	-473	-257	-649	-189	432	752	1,344	0	0	0
Net cash provided by (used in) operating activities
17,285	1,746	-3,842	9,758	12,100	19,722	13,922	5,255	6,022	5,498	3,978	1,938	4,523	6,558	17,701	20,380	14,159	6,441	0	0	0	-	0	0	0	-	0	0	0	-	11,921	7,722	5,609	4,895	0	0	0
Investing activities
Purchases of marketable securities
1,013	10,279	14,948	30,910	29,897	20,631	20,509	7,411	10,404	14,930	56,012	53,148	50,155	45,629	1	4,900	6,865	16,821	24,633	22,720	30,241	25,482	26,905	27,760	26,205	59,047	49,811	49,068	49,850	27,280	34,676	41,266	36,771	22,712	0	0	0
Sale and maturities of marketable securities
23,140	35,364	35,653	43,503	31,574	23,865	33,377	28,027	28,021	30,756	18,744	15,244	8,250	29,315	34,015	39,175	41,095	22,620	23,520	21,045	27,610	22,150	25,130	29,871	26,386	44,901	43,661	41,338	43,217	27,625	20,697	17,944	15,265	14,932	0	0	0
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment
36,549	34,704	29,842	26,306	19,141	16,113	15,414	16,528	16,970	20,725	20,703	18,361	13,887	9,563	8,626	14,333	19,469	24,714	25,351	21,733	22,182	18,581	19,874	20,362	19,037	18,575	13,601	15,400	15,313	18,390	20,965	21,132	28,070	30,363	0	0	0
Proceeds from sale of property and equipment
22	51	55	68	148	135	145	130	55	97	587	584	562	504	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,441	0	0	0	-	-	-	-
Net cash used in investing activities
-14,400	-9,568	-9,082	-13,645	-17,316	-12,744	-2,401	4,218	702	-4,802	-57,384	7,109	7,560	-25,373	25,388	-42,848	-48,029	-18,915	-26,464	-23,408	-24,399	-21,499	-7,657	-4,254	-5,154	-19,019	-19,403	-12,266	-10,190	-450	-17,573	23,529	9,903	15,497	0	0	0
Financing activities
Principal payments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	4,685	4,780	573	254	453	412	501	664	466	589	778	1,032	1,301	1,551	1,714	1,742	1,749	1,724	1,635	1,593	1,384	0	0	0
Payments of employee tax withholdings related to restricted stock vesting
4,228	3,607	3,513	3,494	4,081	4,793	5,733	5,392	5,066	4,496	3,247	2,954	2,372	1,982	1,654	1,627	2,166	2,627	2,619	2,568	2,038	1,795	1,518	1,414	1,878	2,372	2,391	2,294	1,782	683	737	767	1,221	1,196	0	0	0
Proceeds from line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for the purchase of common stock
-	-	-	-	-	3,800	3,800	3,800	3,800	0	0	0	0	-	-	-	-	957	2,999	4,295	5,499	4,542	2,500	1,204	0	5,512	10,090	13,261	25,202	20,851	0	0	0	-	-	-	-
Proceeds from line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from employee stock plans
6,536	4,406	2,490	3,214	6,151	6,173	6,247	5,522	2,567	2,648	3,039	3,075	2,811	2,743	2,191	2,355	2,086	4,018	3,145	3,166	3,239	1,381	1,201	995	380	263	0	0	0	-	-	-	-	-	-	-	-
Proceeds from secondary public offering, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77,049	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net cash provided by (used in) financing activities
2,308	799	-1,023	-280	2,070	-2,420	-3,286	-3,670	-6,299	-1,848	-208	-16,876	-16,877	-3,924	-4,243	12,945	12,456	-19	-2,885	-4,198	-4,962	-5,422	-3,406	-2,401	-2,530	-8,922	-13,968	-17,202	-28,654	-23,093	-33,631	-39,553	-28,032	50,829	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-271	-25	101	146	-218	-87	-301	-56	286	330	-42	-84	-195	-207	102	-94	47	-594	-1,393	-2,387	-2,351	-1,732	-1,190	273	-111	-606	-488	-709	-586	-171	508	-1	174	351	0	0	0
Net increase (decrease) in cash and cash equivalents
4,922	-7,048	-13,846	-4,021	-3,364	4,471	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used in operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,400	0	0	0
Cash used in investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-684	0	0	0
Net cash used in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,084	0	0	0
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-53,656	-7,913	-4,989	-22,946	38,948	-9,617	-21,367	-13,087	-31,576	-32,902	-33,706	-28,189	-12,194	-8,707	-6,949	-22,959	-23,246	-12,918	-22,570	-11,434	-41,372	-11,942	-17,242	65,488	0	0	0
Supplemental disclosure of cash flow information
Cash paid during the period for interest
76	76	41	41	38	87	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	-	-	0	570	-	707	379	179	29	10	17	25	32	38	47	60	76	106	130	154	178	204	230	218	203	0	0	0
Cash paid during the year for income taxes, net of refunds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,428	1,428	2,108	2,149	1,851	0	0	0
Cash paid during the period for income taxes, net of refunds
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Property and equipment acquired through leasehold incentives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,361	0	0	0
Contingent consideration common stock issued in connection with acquisition of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	186	94	94	94	1,389	0	0	0
Property and equipment acquired through capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	2,659	4,694	4,694	3,556	2,035	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment expenditures remaining in accounts payable and other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,312	249	-258	948	3,156	559	1,755	3,275	0	0	0