Macom technology solutions holdings, inc. (MTSI)
CashFlow / TTM
Apr'20Jan'20Sep'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'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent

-352,786

-388,764

-383,798

-410,807

-171,524

-140,804

-139,977

-134,205

-76,450

-191,097

-169,493

-153,670

-103,442

16,040

1,434

50,738

36,212

39,324

48,589

8,720

1,877

-12,708

-15,323

-28,120

-22,323

3,167

18,196

30,766

37,331

-19,598

-3,664

0

0

0

Adjustments to reconcile net loss to net cash provided by operating activities:
Accretion of common stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accretion of Class B conversion liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accretion of asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Depreciation and intangibles amortization

89,181

96,737

104,418

113,300

113,422

113,693

112,383

110,870

107,340

101,397

92,998

83,802

76,610

73,173

70,591

68,658

63,914

60,325

54,708

46,858

43,539

39,883

34,618

30,056

22,958

16,369

14,822

15,203

14,784

13,373

12,592

0

0

0

Loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-152

0

0

0

Share-based compensation

24,869

22,669

23,792

28,005

33,944

31,218

31,937

32,764

33,946

38,144

36,335

35,213

31,459

27,755

26,954

25,061

23,533

23,658

19,435

16,533

15,270

12,591

11,277

10,255

8,285

6,678

6,096

5,939

5,712

4,492

3,762

0

0

0

Fair Value Adjustment of Warrants

-1,500

8,800

-800

-8,493

124

-18,492

-27,600

-38,854

-36,497

-16,909

2,522

29,171

4,747

6,376

16,431

-5,910

8,882

10,290

6,020

14,033

17,361

15,818

3,928

7,843

4,001

1,004

4,312

0

0

0

-

-

-

-

Acquired inventory step-up amortization

-

-

-

-

-

-

224

261

12,873

-

44,022

43,846

31,350

2,455

2,061

1,400

3,580

4,472

5,533

6,333

4,037

18,517

18,053

0

0

0

-

-

-

-

-

-

-

-

Deferred financing cost amortization

4,061

4,061

4,061

4,061

4,082

4,573

4,587

4,400

4,486

3,700

3,373

3,048

2,330

2,014

1,717

1,618

1,619

1,617

1,651

1,627

3,625

3,341

3,021

0

0

0

-

-

-

-

-

-

-

-

Acquisition prepaid compensation amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,457

6,888

8,398

11,619

9,623

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-577

-3,522

-3,421

-4,263

-3,922

0

0

0

Amortization of acquired unfavorable lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Deferred income taxes

39,021

40,837

41,297

7,967

15,909

16,904

16,528

3,939

-5,475

-93,628

-92,171

-79,517

-80,756

9,442

9,936

-5,516

-4,482

-5,783

-7,835

-866

15,561

12,844

13,328

0

0

0

-

-

-

-

-1,985

0

0

0

Impairment and restructuring related

268,876

270,826

273,572

272,873

4,696

11,889

9,143

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

-7,576

-6,674

-7,481

-7,102

-15,292

-14,962

-10,406

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets held for sale from discontinued operations

-

-

-

-

-

-

6,644

12,377

6,019

6,001

-218

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other adjustments, net

846

-497

194

922

999

487

1,463

3,051

-1,093

3,008

2,400

469

5,119

1,581

1,083

1,683

937

761

740

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in operating assets and liabilities:
Accounts receivable

-34,383

-57,906

-27,585

-33,201

-19,676

12,503

-38,679

-31,770

-24,117

-27,608

15,754

29,406

27,885

20,288

17,209

6,654

9,947

21,051

13,089

6,023

9,467

370

-2,223

6,489

4,892

1,391

8,495

4,648

1,256

10,827

8,275

0

0

0

Inventories

-20,316

-14,002

-14,964

-11,749

-9,978

-7,836

2,166

13,708

13,792

10,528

4,094

-8,381

10,835

22,464

24,708

26,446

16,681

5,332

-92

1,943

2,295

5,458

9,586

5,394

514

-2,007

-3,368

2,089

7,951

6,161

5,208

0

0

0

Prepaid expenses and other assets

-14,447

-6,510

-3,419

5,553

12,590

1,418

10,585

3,660

-517

4,784

-1,126

-1,849

61

2,477

2,412

2,194

-2,260

-1,589

-3,932

-3,469

-2,024

-3,455

646

4,919

5,740

7,936

4,753

-1,150

767

-562

220

0

0

0

Accounts payable

-6,305

-7,025

-12,220

4,552

4,726

4,931

-2,609

-2,882

-5,770

-11,927

3,449

-3,550

-414

122

-1,075

3,460

811

1,300

-1,858

-7,615

-4,209

-10,983

-7,140

-7,833

-9,860

-533

-3,642

-1,334

1,626

5,787

5,998

0

0

0

Accrued and other liabilities

-4,742

2,325

-2,486

7,463

7,869

4,717

2,347

693

-11,611

-11,854

-15,176

-6,679

1,110

6,827

10,862

-12,465

-10,743

-17,250

-22,679

-19,235

-17,349

-18,634

-6,726

5,008

6,864

9,369

4,337

-437

-3,471

-5,246

-1,995

0

0

0

Income taxes

-3,438

2,072

1,780

3,073

3,262

355

-3,064

-1,506

886

3,432

7,615

-473

-2,944

-4,825

-6,473

-14,394

-12,853

-12,676

-12,512

1,009

13,390

1,611

-2,656

-1,229

-14,097

-3,688

3,714

-3,386

-4,910

-2,822

-7,017

0

0

0

Prepaid compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,586

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16,062

-14,632

-9,847

7,571

7,547

6,226

1,439

1,135

516

260

-1,131

-5,023

0

0

0

Payment of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,328

0

0

0

-

-

-

-

Net cash provided by operating activities

56,800

55,449

20,700

53,354

51,975

38,668

36,293

23,577

51,367

41,177

61,050

73,574

64,973

84,125

79,232

59,830

67,344

61,712

33,678

44,007

31,188

10,614

25,472

9,130

6,023

22,199

28,903

33,534

30,818

31,166

30,380

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment

24,399

30,690

37,963

45,506

49,064

50,742

53,044

47,751

43,089

41,685

32,804

31,722

30,659

30,038

31,326

29,864

41,178

41,526

38,252

39,182

25,015

17,762

16,973

15,444

13,262

12,923

12,336

9,339

11,082

12,756

15,679

0

0

0

Proceeds from sales and maturities of short-term investments

176,579

182,177

173,000

170,259

108,994

111,052

100,400

97,557

103,371

93,115

44,555

43,636

47,318

50,852

51,573

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of short-term investments

177,564

183,134

174,114

171,159

179,800

164,958

114,461

113,903

99,684

114,133

105,048

101,879

55,596

45,218

36,316

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of businesses and assets

-

-

-

-

-

-

-

-

-

-

215

215

215

104

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of businesses, net

0

0

375

1,375

1,375

1,375

1,000

38,296

40,585

270,883

270,008

231,713

229,424

-875

85,517

85,516

85,499

85,402

208,352

211,119

211,136

237,314

260,875

0

0

0

-

-

-

-

-

-

-

-

Purchases of other investments

-

-

-

-

-

-

5,000

5,000

5,000

5,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds associated with discontinued operations

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of intellectual property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,640

2,536

2,766

3,346

2,885

2,981

3,563

5,490

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-19,460

-26,086

-33,891

-46,532

-114,996

-99,774

-67,119

-100,781

-81,500

-313,218

-337,570

-294,068

-242,626

-16,226

-94,863

-56,583

-67,092

-77,626

-207,425

-248,218

-228,914

-239,544

-264,243

-264,160

-267,736

-248,831

-13,233

0

0

0

-

-

-

-

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from stock option exercises and employee stock purchases

6,829

6,774

7,193

5,644

6,121

6,108

6,957

7,063

8,845

8,922

8,281

8,286

5,077

5,243

5,460

5,457

5,650

6,535

5,450

5,580

4,604

4,703

4,028

3,966

3,150

2,098

1,886

2,050

1,454

1,351

527

0

0

0

Payments on long-term debt

6,885

8,606

6,885

6,885

6,885

5,164

6,885

6,884

5,163

4,955

4,747

4,539

5,414

4,776

4,138

3,500

3,500

3,500

3,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Finance Lease, Principal Payments

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of capital leases and assumed debt

-

-

-

-

-

-

713

780

924

1,065

1,137

1,313

1,436

1,495

9,938

9,685

9,392

9,154

1,504

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments of assumed debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Repurchase of common stock - tax withholdings on equity awards

6,660

3,889

4,137

4,027

6,408

6,910

6,828

7,115

12,353

18,793

18,534

18,121

13,870

9,656

9,995

10,673

9,854

8,628

8,626

0

0

0

-

-

-

-

-

-

0

0

-

-

-

-

Proceeds from corporate facility financing obligation

-

-

-

-

-

-

4,000

-250

-3,169

-

0

4,250

4,250

4,250

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing and offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,362

0

0

0

Payments of financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

Proceeds from revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100,000

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Excess tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-63

2,596

2,199

2,139

2,180

0

0

0

-

-

-

-

Capital contributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,200

0

0

0

-

-

-

-

-

-

-

-

Payments of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

675

675

675

675

15,000

0

0

0

Other adjustments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-4

0

0

0

-

-

-

-

Net cash used in financing activities

-8,491

-8,286

-5,828

-6,797

-6,638

-3,630

-4,451

-5,344

79,543

69,687

73,653

321,908

233,250

239,493

227,354

-16,667

-15,624

15,840

122,407

112,043

208,739

210,979

302,360

312,806

221,468

200,454

10,218

13,839

8,905

41,128

24,231

0

0

0

Foreign currency effect on cash

-791

18

-138

-28

-359

-260

-151

210

670

522

-6

-650

-1,169

-1,283

-1,058

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CHANGE IN CASH AND CASH EQUIVALENTS

-

21,095

-

-

-

-64,996

-35,428

-82,338

50,080

-201,832

-202,873

100,764

54,428

306,109

210,665

-13,845

-15,783

-527

-51,583

-92,821

10,831

-18,133

63,407

57,846

-40,245

-26,178

25,888

38,034

28,641

59,538

38,932

0

0

0

Supplemental disclosure of non-cash activities
Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,009

2,166

518

501

0

0

0

-

-

-

-

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,079

8,075

8,999

7,318

8,344

13,284

14,996

19,634

0

0

0