MAGNACHIP SEMICONDUCTOR Corp MX Cash Flow

Magnachip semiconductor corp (MX)

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	Dec'09
Cash flows from operating activities
Net loss
-11,450	-21,826	-47,632	-28,803	-40,788	-3,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	5,998	-	43,029	-43,903	-56,713	-84,867	-171,551	-161,292	-115,656	-117,232	-75,599	-28,541	-68,219	-64,203	17	48,178	77,186	110,038	58,626	-45,796	-18,506	-11,301	0	0	0	0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation and amortization
32,361	32,729	32,826	32,583	32,393	32,048	31,340	30,585	29,346	28,146	27,314	26,695	26,150	25,416	25,215	25,075	25,644	26,490	27,209	28,634	29,591	29,989	30,596	31,155	31,603	32,726	33,202	33,262	32,983	32,066	32,696	37,306	44,795	51,224	0	0	0	0
Provision for severance benefits
19,093	17,139	13,449	14,885	16,249	17,644	23,705	22,762	21,499	24,373	16,177	15,381	16,047	14,432	14,725	13,239	13,800	15,289	17,101	20,154	20,929	17,703	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for severance benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Bad debt expenses (reversal of allowance)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,718	3,717	3,630	21	-85	0	0	0	-	-	-	-	-	-	-	-	-
Provision for severance benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0
Amortization of debt issuance costs and original issue discount
2,326	2,299	2,272	2,244	2,222	2,183	2,146	2,110	2,073	1,987	1,644	1,310	980	707	696	683	671	660	648	637	627	614	603	623	756	890	1,000	1,080	1,050	1,009	995	976	966	970	0	0	0	-
Loss on foreign currency, net
-51,452	-24,692	-53,796	-22,455	-43,617	-30,215	20,054	9,418	30,223	77,600	-26,451	15,789	21,318	-18,884	56,928	-28,698	-33,948	-46,984	-102,567	-81,875	-25,932	-32,760	22,352	107,372	36,501	18,329	0	0	0	-	-	-	-	-	-	-	-	-
Restructuring and other charges
-2,914	-3,598	0	0	0	-	-	-	-	17,010	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for inventory reserves
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring gain and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on foreign currency translation, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0
Gain on disposal of property, plant and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	0
Loss on disposal of intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0
Restructuring and impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-
Stock-based compensation
7,168	6,952	2,436	3,040	3,609	4,409	4,615	3,967	2,975	2,336	2,491	3,518	4,137	3,843	3,364	2,295	3,119	2,768	2,777	2,977	1,640	2,072	2,320	2,258	2,340	2,213	2,497	2,501	2,421	2,389	1,868	1,885	2,033	2,216	0	0	0	0
Loss on early extinguishment of long-term borrowings, net
-	-42	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for reorganization items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other
-258	-247	210	2,782	802	1,235	1,374	-882	1,473	-49	-141	-159	-1,298	-103	-3,207	-1,054	-2,666	-2,434	-72	-2,161	-766	-1,375	-1,150	-985	-1,240	-1,479	-949	-937	180	663	4,993	2	-1,024	-1,450	0	0	0	0
Changes in operating assets and liabilities
Accounts receivable, net
17,410	19,824	10,236	17,985	7,665	-8,294	16,251	7,175	3,361	22,210	20,933	17,950	23,165	-285	4,396	-8,659	-10,882	-3,299	-7,210	5,235	-26,559	1,668	-14,060	-31,423	5,076	-26,756	-36,416	-16,099	-8,157	-5,758	-5,429	-8,798	-29,786	-19,197	0	0	0	0
Unbilled accounts receivable, net
-16,485	-19,274	-11,737	-4,030	-9,081	1,284	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-6,157	4,210	6,700	12,289	32,755	30,675	41,654	27,520	22,304	8,077	-12,136	-14,035	-12,466	557	7,785	640	-2,684	-12,929	-9,121	-9,780	-4,947	3,380	-9,316	1,529	-2,270	-9,593	4,891	1,412	12,340	12,495	-233	-7,161	-4,966	-4,359	0	0	0	0
Other receivables
13	6,200	885	-2,799	-801	-1,260	3,992	4,888	1,232	-2,218	-9,464	-32,370	-26,167	-26,137	8,364	30,621	27,929	21,463	-1,710	310	-397	5,052	2,157	3,769	2,007	3,964	4	-2,829	-2,421	337	220	-1,132	580	-2,403	0	0	0	0
Other current assets
-11,057	-11,984	-13,784	-13,618	-12,849	-9,942	-1,935	-3,436	-2,402	-2,318	-7,387	-3,975	-5,404	-5,000	-11,180	-11,264	-11,109	-11,339	-5,142	-6,953	-8,785	-9,308	-7,581	-8,570	-6,691	-11,026	0	0	0	-	-	-	-	-	-	-	-	-
Accounts payable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0
Deferred tax assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,458	-714	-589	-1,061	-1,470	-1,991	-2,040	-1,818	-1,914	-1,540	-1,831	-1,832	-1,509	0	0	0	0
Accounts payable
-	-	-	-	-	-	-	0	11,674	-	-11,073	-13,861	-7,269	-4,163	13,377	7,605	-13,587	-12,605	-19,456	-18,513	5,213	-1,526	-797	1,048	-6,084	-3,111	-22,487	-15,994	-12,182	-1,737	20,544	20,659	16,436	18,144	0	0	0	0
Other accounts payable
-13,132	-8,518	-12,446	-9,914	-5,627	-11,183	-12,574	-9,580	-11,401	-12,141	-10,217	-9,237	-6,354	-6,603	-5,457	-10,498	-9,759	-10,892	-15,980	-10,036	-16,697	-13,046	-11,469	-11,617	-22,018	-10,376	-16,479	-28,003	-297	-11,007	-15,809	-12,075	-6,902	-7,952	0	0	0	0
Accrued expenses
4,033	5,279	5,275	389	-2,162	-3,926	-931	-2,679	-12,021	-12,020	-10,677	-28,994	-19,704	-16,305	8,965	10,944	2,218	-1,679	-45,201	-30,762	-4,145	208	28,853	45,313	18,903	20,974	15,342	12,335	13,216	24,304	30,371	3,081	1,065	-1,668	0	0	0	0
Deferred revenue
-	-	-	-	-	2,891	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	0	0	11,378	-	12,034	10,972	-37	8,136	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
2,895	-4,460	-5,569	-5,199	-3,600	2,123	1,074	-85	-1,639	-1,281	-2,284	-4,403	-6,371	-5,331	-4,393	-1,875	-212	-1,210	1,519	75	3,624	2,004	1,459	3,477	58	-3,197	0	0	0	-	-	-	-	-	-	-	-	-
Other non-current liabilities
417	-306	2,119	2,946	2,813	2,346	-8	624	-80	-760	121	-1,181	-1,311	-1,574	1,503	3,528	3,000	3,105	2,088	587	1,195	1,963	-1,804	-2,812	6,287	6,073	6,852	7,844	-1,734	-3,329	-1,543	-927	-352	837	0	0	0	0
Payment of severance benefits
-9,105	-9,288	-8,879	-10,513	-11,704	-11,688	-10,932	-9,178	-16,229	-21,506	-20,752	-20,332	-18,778	-15,352	-17,667	-20,265	-14,151	-11,394	-9,843	-7,391	-6,477	-6,650	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0
Payment of severance benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,759	-5,120	-5,301	-6,997	-9,498	-11,549	-11,191	-10,478	0	0	0	0
Other
1,912	1,713	2,537	2,615	2,163	2,045	700	-241	-245	382	-344	-203	-125	-173	-377	-710	-953	-700	-115	167	224	7	-148	-165	321	219	0	0	0	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities before reorganization items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Cash used for reorganization items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash provided by (used in) operating activities
83,240	50,497	44,241	34,639	31,482	39,236	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-12,868	-	24,530	8,800	-19,479	-9,977	-75,591	-70,388	-1,962	-37,469	9,036	28,600	-11,714	68,755	0	0	0	-	-	-	-	-	-	-	-	-
Cash flows from investing activities
Proceeds from settlement of hedge collateral
15,580	13,583	15,677	14,106	11,721	14,342	13,349	8,697	13,314	10,615	8,556	7,181	4,488	6,317	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of hedge collateral
0	-	-	-	-	-	-	-	-	14,839	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-
Proceeds from disposal of property, plant and equipment
-	-	-	-	-	-	-	-	-	1,209	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	937	0	0	0	-	-	-	-	0
Purchase of property, plant and equipment
15,099	22,955	26,766	32,516	32,826	28,948	32,267	33,286	34,622	32,661	26,651	23,700	19,807	18,727	13,445	10,220	10,081	6,350	6,056	7,325	11,717	17,419	17,503	17,467	17,090	42,483	42,386	48,884	65,432	58,538	60,913	66,915	65,092	47,113	0	0	0	0
Payment for intellectual property registration
1,100	1,103	1,092	1,029	784	961	1,006	1,215	1,400	1,207	1,272	1,137	1,028	1,049	946	957	902	742	730	731	943	958	982	852	555	605	0	0	0	-	-	-	-	-	-	-	-	-
Collection of guarantee deposits
298	549	546	530	1,085	801	830	721	1,181	1,462	1,569	1,636	540	619	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment for intellectual property registration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0
Payment for purchase of Dawin, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,642	0	0	0	-	-	-	-	-
Payment of guarantee deposits
-	1,349	0	0	0	-	-	-	-	41	49	223	220	193	190	44	278	675	655	657	445	323	762	734	913	1,365	0	0	0	-	-	-	-	-	-	-	-	-
Decrease in short-term financial instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	0
Collection of guarantee deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-
Payment of guarantee deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-
Other
-27	-9	-42	-10	-7	19	-32	-34	-38	-94	-38	-34	-33	-23	-25	31	-190	-195	-113	-177	13	21	44	-18	-163	-256	-513	-448	-266	-118	21	22	375	371	0	0	0	0
Net cash used in investing activities
-26,223	-28,897	-34,614	-35,183	-40,210	-33,306	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-22,729	-	-1,371	5,784	-2,523	-3,391	-11,828	-15,071	-11,095	-16,698	-17,194	-16,938	-18,301	-44,103	0	0	0	-	-	-	-	-	-	-	-	-
Cash flows from financing activities
Proceeds from issuance of senior notes
-	-	-	-	-	-	-	-	-	86,250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	5,902	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of long-term borrowings
-	1,175	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	2,860	1,057	846	1,038	1,132	1,466	1,654	2,197	3,744	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of obligations under capital lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,968	4,449	6,098	6,260	6,312	0	0	0	-
Acquisition of treasury stock
1,370	2,702	0	0	0	-	-	-	-	11,401	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	51,000	36,188	17,190	22,190	28,125	0	0	0	-	-	-	-	-
Repayment of financing related to water treatment facility arrangement
544	552	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of principal portion of finance lease liabilities
234	233	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,745	-5,570	698	-1,620	27,284	15,925	-317	2,927	-6,666	-14,670	-3,143	-3,162	0	0	0	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
664	-1,802	-7,144	-7,437	-2,530	1,294	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	1,766	6,861	10,436	11,375	10,202	5,360	1,860	962	937	701	-1,981	9,336	0	0	0	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	3,436	3,435	1,209	1	68	-18,234	-48,636	-45,061	-50,122	0	0	0	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-6,200	-579	-4,624	52	-6,066	-3,361	3,138	769	5,054	9,899	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
51,481	19,219	-2,141	-7,929	-17,324	3,863	5,057	159	-9,491	26,969	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,918	11,242	-17,868	-11,552	-56,700	-68,325	-13,373	-51,172	-33,058	-51,644	-78,219	-28,632	-7,390	36,877	26,364	20,127	6,190	-22,000	-37,556	-10,061	0	0	0	0
Supplemental cash flow information
Cash paid for interest
19,044	19,071	19,107	19,195	19,195	19,255	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	15,433	-	14,906	14,951	14,951	15,181	15,186	15,146	15,160	14,817	14,769	12,883	23,562	16,223	27,300	21,912	21,931	21,955	21,639	21,991	19,122	24,722	0	0	0	0
Cash paid for income taxes
2,059	2,081	2,012	2,063	2,470	920	1,009	905	325	1,027	888	1,014	1,716	693	-5,079	-5,195	-5,894	-5,276	570	557	1,199	875	793	808	42	6,267	6,207	6,240	6,011	-609	-421	2,477	-466	1,954	0	0	0	0
Insurance proceeds in restricted cash reclassified from other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing and financing activities
Property, plant and equipment additions in other accounts payable
586	2,542	1,077	3,354	6,690	5,249	5,096	3,010	2,079	2,520	3,445	4,190	4,129	3,091	4,890	2,848	3,168	3,348	488	745	202	688	455	24	286	116	0	0	0	-	-	-	-	-	-	-	-	-
Acquisition Of Treasury Stock Related To Tax With holding For Share Based Compensation
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred offering costs reclassified as reduction of additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,240	0	0	0	-