Lattice semiconductor corp (LSCC)
CashFlow / TTM
Dec'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 income (loss)

43,493

22,385

15,820

-12,962

-26,322

-26,414

-76,440

-69,239

-70,562

-71,513

-40,875

-41,663

-54,099

-91,389

-103,837

-125,597

-159,233

-98,360

-64,092

-16,751

48,580

39,708

39,146

32,415

22,321

8,599

-2,420

-20,002

-29,606

18,514

34,026

59,599

78,232

0

0

0

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

33,056

33,203

33,286

35,308

39,261

43,010

49,789

54,921

57,861

59,489

59,951

59,771

61,806

65,800

67,797

70,235

60,808

48,280

35,978

24,292

22,248

22,518

22,478

21,601

20,807

21,160

21,840

22,188

22,149

20,230

18,428

17,610

16,666

0

0

0

Change in deferred income tax provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21,367

-6,640

-12,339

-15,294

7,222

-4,299

-3,074

-3,266

-2,358

-1,803

-3,582

-12,071

-19,224

30,069

31,626

41,856

49,376

0

0

0

Gain on sale or maturity of marketable securities

-

-

-

70

-

-

-

-81

-

-244

-207

-249

-79

-69

-112

-45

-333

-336

-293

1,401

1,698

0

0

0

-

-

-

-

-

-

-

-

303

0

0

0

(Gain) loss on forward contracts

-

-

-

236

-

-

-

-100

-

256

206

414

184

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

18,899

17,073

14,101

12,532

13,646

13,165

12,971

13,500

12,543

13,392

15,187

15,500

16,213

16,894

17,831

17,331

18,396

16,868

14,755

15,333

12,802

12,080

11,509

10,700

9,522

8,742

8,255

7,798

7,510

7,341

6,953

6,636

6,356

0

0

0

Amortization of operating lease right-of-use assets

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs and discount

1,659

1,922

2,387

2,409

2,230

2,149

1,686

1,556

1,982

1,818

2,045

2,042

1,350

2,010

2,389

2,792

2,835

2,037

1,105

284

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Operating Lease, Impairment Loss

977

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal of fixed assets

-

-

-

112

-

-

-

133

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost-method Investments, Other than Temporary Impairment

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in net loss of an unconsolidated affiliate, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-802

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable, net

4,027

-28,215

-38,673

-10,173

3,978

-5,190

-12,113

-2,183

-44,613

-14,996

2,097

-18,072

11,419

8,858

8,074

3,644

-4,578

4,902

-20,093

-16,596

12,287

-3,229

2,684

10,690

3,138

-3,029

3,225

3,171

9,954

2,180

3,649

2,551

-4,553

0

0

0

Inventories

-12,116

-6,709

-622

-11,144

-13,177

-11,471

-13,096

-61

902

-2,891

-8,264

-4,823

3,272

1,514

5,948

2,044

-9,868

-6,887

686

1,535

18,703

22,779

9,616

14,425

2,028

4,866

12,538

6,910

6,916

-255

-516

-3,787

-2,618

0

0

0

Prepaid expenses and other assets

-3,740

8,679

8,873

10,379

11,667

14,679

9,824

3,501

-889

-3,796

-534

2,590

2,270

6,161

6,739

5,191

6,710

2,687

1,521

2,265

3,200

2,451

917

1,975

1,339

1,439

1,293

-3,393

-387

1,194

2,639

4,247

1,367

0

0

0

Accounts payable and accrued expenses (includes restructuring)

9,261

11,468

10,204

12,088

13,325

-4,026

-2,939

13,008

-23,588

-15,858

-29,117

-44,572

8,338

4,810

38,434

26,904

6,301

3,012

-15,089

-15,897

-7,819

1,858

7,313

8,033

3,549

2,190

631

5,201

5,307

-207

177

-679

-1,059

0

0

0

Accrued payroll obligations

4,039

1,569

356

-2,398

-1,051

2,171

904

991

726

-1,146

-2,066

2,144

402

-347

-6,991

-10,643

-10,202

-9,000

492

1,560

-30

1,214

1,306

937

7,510

3,368

1,950

751

-3,224

-2,527

-1,049

-886

-2,281

0

0

0

Operating lease liabilities, current and long-term portions

-6,896

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

162

-13

-946

450

498

464

650

1,622

-556

1,170

3,114

1,552

3,216

2,113

1,496

1,648

1,749

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income and allowances on sales to distributors

-

-

-

-

-

-

-

-

-

-

0

4,764

-

506

8,437

6,057

2,920

9,133

-4,047

1,736

7,451

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income and allowances on sales to distributors

-

68

68

68

0

0

0

0

-

-

0

-798

-

733

801

2,176

1,958

967

1,040

-39

0

-7,034

-3,337

-1,103

0

6,404

1,534

-2,325

-208

-7,898

-4,225

-1,944

-4,931

0

0

0

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Net cash provided by operating activities

124,137

115,715

108,372

70,758

51,458

23,328

36,582

33,307

38,514

58,162

20,591

26,275

41,734

17,059

25,179

254

-22,885

-19,818

660

37,207

40,122

51,685

79,652

55,177

56,504

48,990

18,316

18,446

4,276

16,041

30,001

49,093

62,361

0

0

0

Cash flows from investing activities:
Proceeds from sales of and maturities of short-term marketable securities

9,655

9,655

12,155

12,155

5,000

8,000

7,989

9,489

12,689

12,609

10,137

14,600

14,897

11,977

42,535

40,072

142,956

161,202

168,406

197,592

101,861

111,757

76,958

58,578

67,318

48,180

57,295

63,280

56,408

54,405

65,309

68,421

81,313

0

0

0

Purchases of marketable securities

0

0

0

0

9,603

9,603

9,603

9,603

7,420

8,949

11,966

14,910

7,490

17,938

14,921

11,977

15,982

27,376

90,431

124,747

139,792

155,979

111,018

92,261

103,861

90,330

80,251

74,702

50,076

37,602

58,470

75,299

83,259

0

0

0

Cash paid for business acquisition, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

431,068

431,068

426,661

425,890

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

15,590

13,935

12,738

9,654

8,384

6,708

9,925

11,285

12,855

15,051

13,650

14,391

16,717

20,616

21,279

21,031

18,209

14,978

12,424

10,750

10,267

9,136

10,538

11,841

12,500

12,600

12,355

13,205

13,593

15,541

13,769

12,378

13,001

0

0

0

Cash paid for a non-marketable investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for software licenses

9,601

7,724

7,739

8,025

8,123

8,204

8,364

8,752

8,532

8,137

7,512

7,290

9,035

11,492

11,936

11,354

9,515

7,652

7,951

6,784

6,059

5,214

7,193

3,957

7,353

7,223

5,301

9,234

6,122

0

0

0

-

-

-

-

Other investing activities, primarily time based software licenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in investing activities

-15,536

-12,004

-8,322

-5,524

-21,110

-14,515

-11,345

-12,293

-8,260

-13,670

-24,691

-21,019

-17,373

-39,097

-11,536

-12,968

-336,818

-308,247

-355,936

-351,966

-34,144

-53,084

-46,303

-49,481

-56,396

-61,973

-40,612

-33,861

-13,383

-72,344

-78,995

-89,320

-86,232

0

0

0

Cash flows from financing activities:
Restricted stock unit tax withholdings

10,084

8,583

2,015

2,329

2,370

2,080

2,888

3,033

3,267

3,469

3,886

3,733

3,565

3,716

482

2,892

3,493

3,405

5,531

3,004

3,427

2,845

2,647

2,184

744

678

622

565

832

780

848

795

642

0

0

0

Proceeds from issuance of common stock

17,166

17,415

36,916

39,666

29,288

30,684

9,563

6,549

6,085

5,706

7,212

7,634

7,607

7,650

3,459

5,930

5,679

4,373

8,295

7,260

12,168

11,611

10,980

7,385

3,076

4,054

3,229

3,356

4,382

4,359

4,628

6,928

6,173

0

0

0

Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

346,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of Debt Issuance Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,283

8,283

8,282

8,280

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of debt

321,408

327,283

309,783

69,759

43,759

29,634

13,759

25,524

35,429

43,112

42,237

16,809

5,154

96

96

1,750

2,625

-1,750

-875

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,970

18,359

20,059

20,082

13,089

5,409

3,709

3,709

6,161

7,641

13,031

18,443

17,549

14,007

13,429

11,664

14,436

0

0

0

Net cash used in financing activities

-109,912

-114,037

-70,468

-32,422

-16,841

-1,030

-7,084

-22,008

-32,611

-32,317

-32,103

-11,158

-1,112

-2,087

-3,045

-1,309

329,941

319,076

320,048

322,394

-4,348

3,357

4,624

1,492

-3,829

-4,265

-10,424

-15,652

-13,999

-10,428

-9,649

-5,531

-8,905

0

0

0

Effect of exchange rate change on cash

341

-154

-645

-1,813

-1,271

115

1,130

2,935

2,620

657

88

-1,266

-1,303

-1,068

-1,565

-1,000

-1,243

-1,662

-1,250

-159

-329

279

727

-516

-505

0

0

0

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-970

-10,480

28,937

30,999

12,236

7,898

19,283

1,941

263

12,832

-36,115

-7,168

21,946

-25,193

9,033

-15,023

-31,005

-10,651

-36,478

7,476

1,301

2,237

38,700

6,672

-4,226

-17,480

-33,192

-31,013

-22,887

-66,670

-58,567

-45,943

-32,961

0

0

0

Supplemental disclosure of cash flow information and non-cash investing and financing activities:
Interest paid

10,995

14,563

17,533

18,570

18,607

18,246

17,732

20,044

20,649

20,689

20,989

18,513

18,159

18,695

15,640

15,742

11,071

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Lease, Payments

8,425

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid, net of refunds

3,393

2,260

2,497

3,294

3,054

2,795

3,468

2,205

2,387

4,417

5,471

7,085

9,359

10,186

10,091

9,772

8,339

5,912

3,913

2,282

1,599

1,379

1,212

898

1,370

1,253

1,482

1,431

908

836

1,655

1,715

1,824

0

0

0

Right-of-Use Asset Obtained in Exchange for Operating Lease Liability

747

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized gain related to marketable securities, net of tax, included in Accumulated other comprehensive loss

-

0

0

90

-

0

0

-37

-

-194

-216

-187

-172

14

-93

-365

-69

-324

-405

-45

-373

-190

243

299

284

218

35

-67

-57

0

0

0

-

-

-

0

Distribution of deferred compensation from trust assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

260

260

298

341

0

0

0

Increase in fixed assets related to asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Accrued purchases of plant and equipment

826

1,619

1,383

1,295

110

869

-1,274

-477

588

-599

1,659

831

1,028

2,138

3,089

3,204

1,277

1,379

193

113

478

583

708

54

122

0

0

0

-

-

-

-

-

-

-

-