MAGNACHIP SEMICONDUCTOR Corp MX Cash Flow

Magnachip semiconductor corp (MX)

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	Dec'09
Cash flows from operating activities
Net loss
-23,749	23,426	-1,607	-9,520	-34,125	-2,380	17,222	-21,505	2,763	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	43,738	-	29,866	-17,816	8,125	22,854	-57,066	-30,626	-20,029	-63,830	-46,807	15,010	-21,605	-22,197	251	-24,668	-17,589	42,023	48,412	4,340	15,263	-9,389	-56,010	31,630	22,468	-1,963
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation and amortization
7,935	8,068	8,156	8,202	8,303	8,165	7,913	8,012	7,958	7,457	7,158	6,773	6,758	6,625	6,539	6,228	6,024	6,424	6,399	6,797	6,870	7,143	7,824	7,754	7,268	7,750	8,383	8,202	8,391	8,226	8,443	7,923	7,474	8,856	13,053	15,412	13,903	11,218
Provision for severance benefits
5,071	6,648	4,085	3,289	3,117	2,958	5,521	4,653	4,512	9,019	4,578	3,390	7,386	823	3,782	4,056	5,771	1,116	2,296	4,617	7,260	2,928	5,349	5,392	4,034	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for severance benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,014	6,482	4,286	-	-	-	-	-	-	-	-	-
Bad debt expenses (reversal of allowance)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	31	3,630	94	-38	-56	21	-12	-	-	-	-	-	-	-	-	-
Provision for severance benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,703	-	4,741	5,542	2,854	1,851
Amortization of debt issuance costs and original issue discount
598	587	578	563	571	560	550	541	532	523	514	504	446	180	180	174	173	169	167	162	162	157	156	152	149	146	176	285	283	256	256	255	242	242	237	245	246	-
Loss on foreign currency, net
-38,480	25,820	-25,903	-12,889	-11,720	-3,284	5,438	-34,051	1,682	46,985	-5,198	-13,246	49,059	-57,066	37,042	-7,717	8,857	18,746	-48,584	-12,967	-4,179	-36,837	-27,892	42,976	-11,007	18,275	57,128	-27,895	-29,179	-	-	-	-	-	-	-	-	-
Restructuring and other charges
-2,138	-3,128	262	2,090	-2,822	-	-	-	-	0	0	0	17,010	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for inventory reserves
570	-	-	-	4,645	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring gain and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,785	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on foreign currency translation, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,359	-12,879	12,824	-	-77,329	20,425	23,684	10,077
Gain on disposal of property, plant and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16	-79	269	-	-	-	-	-17
Loss on disposal of intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11	-4	-11	-	-9	-4	-4	-5
Restructuring and impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	618	-	-	-	-	-	-	-	-	-
Stock-based compensation
885	5,032	479	772	669	516	1,083	1,341	1,469	722	435	349	830	877	1,462	968	536	398	393	1,792	185	407	593	455	617	655	531	537	490	939	535	457	458	418	552	605	641	2,199
Loss on early extinguishment of long-term borrowings, net
-	0	0	0	-42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for reorganization items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,263
Other
-107	-186	-555	590	-96	271	2,017	-1,390	337	410	-239	965	-1,185	318	-257	-174	10	-2,786	1,896	-1,786	242	-424	-193	-391	-367	-199	-28	-646	-606	331	-16	471	-123	4,661	-5,007	-555	-549	667
Changes in operating assets and liabilities
Accounts receivable, net
10,430	-12,988	11,838	8,130	12,844	-22,576	19,587	-2,190	-3,115	1,969	10,511	-6,004	15,734	692	7,528	-789	-7,716	5,373	-5,527	-3,012	-133	1,462	6,918	-34,806	28,094	-14,266	-10,445	1,693	-3,738	-23,926	9,872	9,635	-1,339	-23,597	6,503	-11,353	9,250	-16,443
Unbilled accounts receivable, net
-6,937	-5,066	-8,007	3,525	-9,726	2,471	-300	-1,526	639	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
4,863	-2,111	7,910	-16,819	15,230	379	13,499	3,647	13,150	11,358	-635	-1,569	-1,077	-8,855	-2,534	0	11,946	-1,627	-9,679	-3,324	1,701	2,181	-10,338	1,509	10,028	-10,515	507	-2,290	2,705	3,969	-2,972	8,638	2,860	-8,759	-9,900	10,833	3,467	-6,739
Other receivables
-1,982	1,386	1,845	-1,236	4,205	-3,929	-1,839	762	3,746	1,323	-943	-2,894	296	-5,923	-23,849	3,309	326	28,578	-1,592	617	-6,140	5,405	428	-90	-691	2,510	2,040	-1,852	1,266	-1,450	-793	-1,444	4,024	-1,567	-2,145	268	1,041	-1,755
Other current assets
-909	-5,628	-427	-4,093	-1,836	-7,428	-261	-3,324	1,071	579	-1,762	-2,290	1,155	-4,490	1,650	-3,719	1,559	-10,670	1,566	-3,564	1,329	-4,473	-245	-5,396	806	-2,746	-1,234	-3,517	-3,529	-	-	-	-	-	-	-	-	-
Accounts payable
1,988	-	-	-	20,874	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,513	-315	-8,536	-	2,312	-565	1,449	-3,192
Deferred tax assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-623	-444	-25	-366	121	-319	-497	-775	-400	-368	-275	-871	-26	-659	-276	-548	-678
Accounts payable
-	-	-	-	-	-	-	-7,641	3,168	-	2,097	-3,733	1,814	-11,251	-691	2,859	4,920	6,289	-6,463	-18,333	5,902	-562	-5,520	5,393	-837	167	-3,675	-1,739	2,136	-19,209	2,818	2,073	12,581	3,072	2,933	-2,150	14,289	-14,144
Other accounts payable
-1,817	1,556	-6,114	-6,757	2,797	-2,372	-3,582	-2,470	-2,759	-3,763	-588	-4,291	-3,499	-1,839	392	-1,408	-3,748	-693	-4,649	-669	-4,881	-5,781	1,295	-7,330	-1,230	-4,204	1,147	-17,731	10,412	-10,307	-10,377	9,975	-298	-15,109	-6,643	15,148	-1,348	-12,511
Accrued expenses
-6,611	1,448	951	8,245	-5,365	1,444	-3,935	5,694	-7,129	4,439	-5,683	-3,648	-7,128	5,782	-24,000	5,642	-3,729	31,052	-22,021	-3,084	-7,626	-12,470	-7,582	23,533	-3,273	16,175	8,878	-2,877	-1,202	10,543	5,871	-1,996	9,886	16,610	-21,419	-4,012	7,153	-5,687
Deferred revenue
-	-	-	-	-	-669	-1,853	604	4,809	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-1,978	-192	-73	-	1,185	11,254	-9,777	9,372	123	245	-1,604	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
1,062	1,699	403	-269	-6,293	590	773	1,330	-570	-459	-386	-224	-212	-1,462	-2,505	-2,192	828	-524	13	-529	-170	2,205	-1,431	3,020	-1,790	1,660	587	-399	-5,045	-	-	-	-	-	-	-	-	-
Other non-current liabilities
1,808	-1,114	-908	631	1,085	1,311	-81	498	618	-1,043	551	-206	-62	-162	-751	-336	-325	2,915	1,274	-864	-220	1,898	-227	-256	548	-1,869	-1,235	8,843	334	-1,090	-243	-735	-1,261	696	373	-160	-72	-1,002
Payment of severance benefits
-2,080	-3,093	-1,616	-2,316	-2,263	-2,684	-3,250	-3,507	-2,247	-1,928	-1,496	-10,558	-7,524	-1,174	-1,076	-9,004	-4,098	-3,489	-3,674	-2,890	-1,341	-1,938	-1,222	-1,976	-1,514	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,839	4,386	2,225	-	-54	363	-1,518	1,188
Payment of severance benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,392	-2,312	-627	-1,428	-753	-2,493	-2,323	-3,929	-2,804	-2,135	-1,610	-1,389
Other
-148	892	767	401	-347	1,716	845	-51	-465	371	-96	-55	162	-355	45	23	114	-559	-288	-220	367	26	-6	-163	150	-129	-23	323	48	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities before reorganization items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,108
Cash used for reorganization items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,263
Net cash provided by (used in) operating activities
21,068	20,478	12,864	28,830	-11,675	14,222	3,262	25,673	-3,921	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,037	26,709	39,853	-	18,707	48,282	19,216	-2,155
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-38,680	-	-5,242	9,492	-18,181	38,461	-20,972	-18,787	-8,679	-27,153	-15,769	49,639	-44,186	19,352	3,795	9,325	36,283	-	-	-	-	-	-	-	-	-
Cash flows from investing activities
Proceeds from settlement of hedge collateral
4,239	958	7,998	2,385	2,242	3,052	6,427	0	4,863	2,059	1,775	4,617	2,164	0	400	1,924	3,993	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of hedge collateral
7,841	-	-	-	-	-	-	-	-	0	4,803	5,584	4,452	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,140	1,361	-2,995	-	-	-	-	-
Proceeds from disposal of property, plant and equipment
-	-	-	-	-	-	-	-	-	81	3	544	581	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	46	618	273	-	-	-	-	37
Purchase of property, plant and equipment
3,351	6,262	1,693	3,793	11,207	10,073	7,443	4,103	7,329	13,392	8,462	5,439	5,368	7,382	5,511	1,546	4,288	2,100	2,286	1,407	557	1,806	3,555	5,799	6,259	1,890	3,519	5,422	31,652	1,793	10,017	21,970	24,758	4,168	16,019	20,147	6,779	1,258
Payment for intellectual property registration
229	196	265	410	232	185	202	165	409	230	411	350	216	295	276	241	237	192	287	186	77	180	288	398	92	204	158	101	142	-	-	-	-	-	-	-	-	-
Collection of guarantee deposits
47	10	151	90	298	7	135	645	14	36	26	1,105	295	143	93	9	374	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment for intellectual property registration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	187	375	190	-	197	159	165	70
Payment for purchase of Dawin, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	8,642	-	-	-	-	-
Payment of guarantee deposits
-	19	0	438	892	-	-	-	-	0	0	0	41	8	174	-3	14	5	28	231	411	-15	30	19	289	424	2	198	741	-	-	-	-	-	-	-	-	-
Decrease in short-term financial instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-173	-	-	-	-	329
Collection of guarantee deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	31	-	5	0	979	-
Payment of guarantee deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	178	-	1,006	479	1,004	-
Other
-8	14	-32	-1	10	-19	0	2	36	-70	-2	-2	-20	-14	2	-1	-10	-16	58	-222	-15	66	-6	-32	-7	89	-68	-177	-100	-168	-3	5	48	-29	-2	358	44	-23
Net cash used in investing activities
-7,127	-6,332	-2,406	-10,358	-9,801	-12,049	-2,975	-15,385	-2,897	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,148	-23,052	-30,344	-	-27,145	-21,120	-7,013	-1,597
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-7,017	-	-7,779	150	-162	6,420	-624	-8,157	-1,030	-2,017	-3,867	-4,181	-6,633	-2,513	-3,611	-5,544	-32,435	-	-	-	-	-	-	-	-	-
Cash flows from financing activities
Proceeds from issuance of senior notes
-	-	-	-	-	-	-	-	-	0	0	0	86,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	0	0	0	5,902	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of long-term borrowings
-	0	0	0	1,175	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	1,822	889	101	48	19	678	293	142	353	866	836	1,689	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of obligations under capital lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,458	1,510	1,481	1,649	1,620	1,562	-
Acquisition of treasury stock
1,021	114	0	235	2,353	-	-	-	-	0	0	0	11,401	-	-	-	-	-	-	-	-	-	-	-	-	20,000	25,000	0	6,000	5,188	6,002	5,000	11,935	-	-	-	-	-
Repayment of financing related to water treatment facility arrangement
135	137	134	138	143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of principal portion of finance lease liabilities
60	59	56	59	59	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,033	745	988	-22,511	15,208	7,013	-1,330	6,393	3,849	-9,229	1,914	-3,200	-4,155	2,298	1,895	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-1,216	1,512	699	-331	-3,682	-3,830	406	4,576	142	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,749	-6,383	-13,337	-	-13,789	-42,377	9,863	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	67	1,699	5,095	3,575	1,006	526	253	75	108	501	17	-2,607	11,425	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	70,636	-	-	-	-	2	2,226	1,208	0	1	0	0	67	-18,301	-30,402	3,575	-4,994	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-7,089	4,658	-3,569	-200	-1,468	613	1,107	-6,318	1,237	7,112	-1,262	-2,033	6,082	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
5,636	20,316	7,588	17,941	-26,626	-1,044	1,800	8,546	-5,439	150	-3,098	-1,104	31,021	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,246	1,867	-1,660	-	3,931	-1,200	-59	1,098
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,486	10,387	-17,355	22,372	-4,162	-18,723	-11,039	-22,776	-15,787	36,229	-48,838	-4,662	-34,373	9,654	749	16,580	9,894	-859	-5,488	2,643	-18,296	-16,415	22,007	-2,654
Supplemental cash flow information
Cash paid for interest
9,522	0	9,522	0	9,549	36	9,610	0	9,609	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	7,980	-	7,453	0	7,453	0	7,498	0	7,683	5	7,458	14	7,340	-43	5,572	10,693	1	11,034	184	10,712	25	10,718	536	7,843	5,625	955
Cash paid for income taxes
1,534	177	93	255	1,556	108	144	662	6	197	40	82	708	58	166	784	-315	-5,714	50	85	303	132	37	727	-21	50	52	-39	6,204	-10	85	-268	-416	178	2,983	-3,211	2,004	669
Insurance proceeds in restricted cash reclassified from other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	29,571	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing and financing activities
Property, plant and equipment additions in other accounts payable
687	2,046	-191	-1,956	2,643	581	2,086	1,380	1,202	428	0	449	1,643	1,353	745	388	605	3,152	-1,297	708	785	292	-1,040	165	1,271	59	-1,471	427	1,101	-	-	-	-	-	-	-	-	-
Acquisition Of Treasury Stock Related To Tax With holding For Share Based Compensation
-	-	-	-	-232	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred offering costs reclassified as reduction of additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	-33	-2,350	9,619	-