Marvell technology group ltd (MRVL)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10Jan'10Oct'09Jul'09Apr'09
Cash flows from operating activities:
Net income (loss)

1,584,391

-448,980

-420,246

-356,156

-179,094

130,367

384,322

542,822

520,831

391,977

264,405

150,451

21,151

105,442

-24,924

-848,169

-811,400

-733,907

-560,853

349,957

435,346

450,782

438,634

361,590

315,320

268,343

234,003

265,251

306,585

337,150

463,455

562,773

615,091

757,227

817,838

845,223

904,129

886,097

831,964

670,680

353,456

0

0

0

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

156,658

164,374

163,125

147,938

123,983

107,274

89,398

83,088

83,487

89,252

95,057

101,479

107,851

103,968

102,345

100,670

100,176

103,840

104,790

105,862

106,248

105,960

105,358

104,792

102,752

102,803

99,207

94,795

91,028

86,602

84,464

85,616

88,454

90,852

93,813

94,149

93,190

93,229

94,660

96,917

99,214

0

0

0

Share-based compensation

242,207

239,616

223,094

218,810

184,064

154,861

123,494

86,524

86,689

89,370

98,760

113,534

113,970

122,331

125,533

125,011

133,779

139,323

142,152

140,498

137,246

137,351

146,258

152,329

155,873

154,291

141,464

133,601

127,280

122,211

122,448

119,575

119,863

119,725

118,655

118,989

118,405

117,685

122,521

121,847

126,599

0

0

0

Amortization and write off of acquired intangible assets

368,100

332,200

318,061

263,000

183,300

104,988

27,403

2,529

3,600

5,177

6,885

8,766

10,641

11,623

12,474

12,581

12,688

13,326

13,480

14,216

18,337

26,789

33,645

40,494

44,006

44,237

46,646

49,031

52,700

53,155

51,256

49,371

49,357

50,639

61,254

71,330

79,538

89,815

94,495

99,727

107,534

0

0

0

Amortization of deferred debt issuance costs and debt discounts

6,763

6,104

7,140

13,035

11,354

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring related impairment charges (gain)

-

-

-

-

-

-

-

-

-4,561

0

0

0

-

-

-

16,355

16,032

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain from investments in privately-held companies

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of premium /discount on available-for-sale securities

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair market value adjustment to aquired inventory sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

94

94

119

145

56

64

57

20

51

46

24

58

114

194

202

164

329

684

717

899

1,141

837

833

677

0

0

0

Deferred income taxes

-785,158

138,421

142,435

122,179

118,647

-10,647

-4,380

19,866

19,825

49,656

49,851

46,535

44,637

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of business and discontinued operations

-

-

-

-

-

-

-

-

93,660

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of property and equipment

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of business

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense (income), net

-26,448

-3,342

-2,539

-8,515

-4,154

-3,146

-4,129

9

925

0

0

0

-

-

-

-

-2,196

-19,851

-9,629

266

-1,765

19,453

11,781

2,352

1,299

-6,951

-6,556

-7,012

-7,392

-10,214

-13,220

-14,239

-15,190

-9,424

-9,914

-9,400

-7,581

0

0

0

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

-11,244

30,973

9,919

28,876

99,044

-26,022

-42,553

-29,359

-54,989

3,919

23,014

76,489

12,084

-18,733

-69,038

-113,156

-97,655

-64,137

-67,558

-124,884

-34,165

-23,288

52,781

146,724

123,258

91,959

40,102

-47,032

-77,025

-78,745

-17,392

-10,493

-54,550

-16,867

-84,998

-23,225

102,610

73,656

162,293

163,326

134,695

0

0

0

Inventories

-12,759

28,113

-6,156

-17,516

-4,348

-5,738

-9,418

-2,062

12,160

-2,342

-7,379

-4,185

-29,325

-80,488

-116,235

-135,502

-90,586

-69,289

-67,338

-11,241

-39,454

-23,469

59,194

80,170

97,188

55,982

-10,776

-82,778

-103,102

7,508

17,072

47,801

101,109

83,478

83,575

92,179

3,655

542

29,521

3,714

-67,150

0

0

0

Prepaid expenses and other assets

54,138

10,850

174

-10,427

11,685

12,502

14,864

7,008

-12,494

-15,303

-16,291

-20,436

-1,825

41,697

41,149

38,395

23,209

-32,541

-44,273

-9,918

-5,788

4,175

27,004

-10,495

-19,458

7,875

3,224

4,334

6,894

-12,500

-28,933

-34,334

-30,736

-88,183

-61,220

-40,499

-50,236

15,603

6,793

8,275

4,326

0

0

0

Accounts payable

1,658

2,048

16,275

-23,110

-6,493

-14,440

-20,852

-33,292

-16,613

-18,607

-64,544

-16,652

-28,153

-51,622

-77,497

-103,101

-105,898

-104,543

-119,599

-111,874

-43,871

-71,583

43,608

95,983

39,791

131,144

32,028

-16,617

-24,304

-78,425

-26,557

-20,551

-47,095

-17,278

-48,980

30,466

42,464

33,875

106,664

117,967

142,002

0

0

0

Accrued liabilities and other non-current liabilities

-182,893

-48,961

16,871

33,659

85,027

-2,725

-49,460

-38,853

-70,917

-12,964

588

14,640

3,763

-50,953

-53,503

-26,128

-15,202

4,027

-24,928

-34,466

-30,024

-11,152

26,429

3,320

-9,627

-22,782

-39,019

-30,210

8,014

6,702

-7,584

1,979

-21,614

-74,037

-42,583

-45,871

-38,059

-692

-96,894

-93,361

-32,268

0

0

0

Carnegie Mellon University accrued litigation settlement

-

-

-

-

-

-

-

-

-

-

-

-

-736,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued employee compensation

20,588

-13,750

-30,326

-17,973

-46,599

-22,246

-45,100

-26,517

-11,936

-3,015

24,759

3,335

18,016

-8,283

-19,525

-11,762

-33,338

-12,726

-7,920

-864

43,561

21,899

12,811

19,791

-5,787

-10,913

8,583

-14,979

-20,050

-14,661

-7,979

1,667

-12,565

1,169

-1,957

16,836

21,210

25,108

28,166

9,753

33,292

0

0

0

Deferred income

-

-

-

-

-

-

-

-

-

11,287

-971

20,322

14,072

5,570

12,397

-6,605

-12,398

-12,748

-23,235

-31,586

6,373

-15,536

7,422

33,409

1,597

26,912

7,625

-6,143

191

-9,786

13

-15,477

-16,202

-18,972

-18,192

-2,439

16,765

16,943

43,992

35,529

15,661

0

0

0

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash provided by operating activities

360,297

411,100

644,991

633,786

596,744

609,845

526,642

565,711

571,113

570,217

475,487

433,765

-358,435

-423,975

-478,842

-511,540

205,352

307,467

422,297

552,667

728,936

674,004

669,779

599,321

448,039

552,145

511,523

614,219

729,037

593,540

718,550

792,771

771,247

952,982

1,059,281

1,115,106

1,193,548

1,223,832

1,059,480

922,575

811,513

0

0

0

Purchases of available-for-sale securities

0

0

0

1,499

14,956

177,563

474,223

650,535

835,494

818,933

662,360

594,907

489,856

477,025

693,403

756,510

1,056,045

1,266,853

1,358,914

1,339,330

1,128,319

930,439

702,193

712,943

837,892

1,030,287

1,368,464

1,429,088

1,543,902

1,474,168

1,358,719

1,596,169

1,851,696

1,823,709

1,693,591

1,753,068

1,262,767

0

0

0

-

-

-

-

Sales of available-for-sale securities

18,832

18,832

0

553,623

623,896

646,567

814,018

298,331

306,822

442,104

393,302

423,190

616,697

905,886

1,029,856

1,111,360

991,657

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of available-for-sale securities

0

0

0

59,165

187,985

308,624

444,714

472,926

426,341

346,966

262,699

224,004

239,557

228,452

290,419

314,704

311,843

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and maturities of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

1,363,417

1,453,026

1,612,649

1,835,655

1,696,694

1,662,404

1,748,394

1,462,164

1,273,235

1,202,083

991,866

868,759

0

0

0

-

-

-

-

Return of investment from (in) privately-held companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

701

0

0

0

-

-

-

-

8,750

6,250

7,500

7,253

4,003

3,503

2,253

2,500

1,750

0

0

0

-

-

-

-

Purchases of time deposits

0

0

0

0

25,000

100,000

175,000

250,000

300,000

300,000

300,000

300,000

275,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of time deposits

0

0

25,000

100,000

175,000

250,000

300,000

300,000

300,000

300,000

275,000

200,000

125,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of technology licenses

4,712

2,295

11,799

12,664

11,540

12,512

6,149

5,854

6,587

7,126

3,965

7,352

10,309

10,018

10,604

8,680

8,236

8,567

12,692

11,919

16,424

18,168

19,446

19,898

17,647

38,308

36,160

38,817

35,002

14,917

13,660

12,578

13,823

20,088

22,940

24,184

23,144

15,697

9,867

8,548

15,598

0

0

0

Purchases of property and equipment

81,921

91,821

83,725

81,516

75,921

60,430

58,396

42,398

38,551

31,942

34,677

42,383

44,510

41,618

37,312

41,789

37,255

47,776

55,396

54,233

63,030

61,925

59,486

62,644

66,593

72,379

77,513

69,362

68,186

75,539

76,268

90,665

88,779

89,236

93,120

90,796

90,173

88,273

71,933

52,795

39,814

0

0

0

Proceeds from sales of property and equipment

-

-

-

-

-

-

-

-

12,559

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash payment for acquisitions, net of cash and cash equivalents acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,551

0

0

0

-

-

-

-

93,916

0

0

0

-

-

-

-

-

-

-

-

Purchases of equipment previously leased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,240

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from sale of discontinued operations

-

-

-

-

-

-

-

-

165,940

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from sale of business

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

1,677

-3,016

-413

-1,922

2,725

1,445

-2,562

6,175

-6,089

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

558,846

-509,674

-29,938

-1,990,261

-1,752,553

-1,791,742

-1,697,370

273,557

39,521

107,230

6,347

-66,518

161,595

455,832

463,714

579,051

201,690

-248,937

-500,384

-511,268

-368,944

-264,079

92,390

50,090

74,793

215,023

-36,412

68,081

178,815

49,664

129,101

-35,857

-590,053

-681,636

-626,156

-915,266

-529,329

-741,548

-1,154,211

-788,398

-744,029

0

0

0

Cash flows from financing activities:
Repurchases of common stock

364,272

114,277

168,246

151,996

103,974

53,969

140,016

361,281

527,574

652,607

569,122

347,857

181,564

56,531

65,291

240,602

260,875

0

0

0

-

-

-

-

376,285

636,749

768,259

930,472

936,935

862,951

875,119

760,532

1,340,876

0

0

0

-

-

-

-

-

-

-

-

Proceeds from employee stock plans

147,276

143,298

137,695

120,990

100,961

103,650

127,071

171,418

180,302

199,807

171,471

93,843

74,219

33,205

24,102

68,019

80,717

100,397

101,157

106,278

112,357

178,994

200,215

204,249

204,962

135,968

120,728

106,938

104,936

116,718

116,745

114,001

106,039

133,251

141,505

136,512

175,359

174,569

171,101

159,948

111,645

0

0

0

Tax withholding paid on behalf of employees for net share settlement

98,302

90,110

79,805

59,804

54,939

46,597

38,802

28,924

26,840

26,336

26,115

23,222

16,683

16,763

16,733

17,318

24,358

24,784

24,578

24,518

26,494

26,052

25,907

25,780

10,872

10,683

10,510

10,598

10,099

12,832

12,791

12,427

8,182

0

0

0

-

-

-

-

-

-

-

-

Dividend payments to shareholders

159,600

159,004

158,275

157,769

148,100

138,287

128,346

119,058

119,251

120,013

121,242

121,822

122,292

122,282

121,853

122,372

122,821

123,316

123,913

123,539

122,801

121,748

120,397

119,368

119,449

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on technology license obligations

72,266

73,889

68,003

63,964

69,157

58,287

43,685

42,149

28,503

29,814

25,109

22,486

20,965

14,960

13,881

13,755

12,528

0

0

0

-

-

-

-

7,411

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

94

94

119

145

56

64

57

20

51

46

24

58

114

194

202

164

329

684

717

899

1,141

837

833

677

0

0

0

Principal payments of debt

1,250,000

125,000

200,000

806,128

756,128

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of equity and debt financing costs

0

0

2,115

7,950

11,550

25,928

23,813

17,978

14,378

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-6,812

-4,355

-1,486

-4,893

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) in financing activities

-853,949

-73,318

-540,216

761,110

849,737

992,059

1,038,886

-397,972

-536,244

-628,936

-570,085

-421,507

-267,248

-177,322

-193,650

-326,020

-339,839

-345,470

-326,918

-143,972

-114,765

-22,262

-21,289

-102,527

-309,035

-639,022

-789,564

-968,439

-940,801

-825,964

-804,508

-658,756

-1,243,366

-1,063,296

-900,312

-769,778

77,427

113,215

170,076

158,957

110,535

0

0

0

Net increase (decrease) in cash and cash equivalents

65,194

-171,892

74,837

-595,365

-306,072

-189,838

-131,842

441,296

74,390

48,511

-88,251

-54,260

-464,088

-145,465

-208,778

-258,509

67,203

-286,940

-405,005

-102,573

245,227

387,663

740,880

546,884

213,797

128,146

-314,453

-286,139

-32,949

-182,760

43,143

98,158

-1,062,172

-791,950

-467,187

-569,938

741,646

595,499

75,345

293,134

178,019

0

0

0