Maxwell technologies inc (MXWL)
CashFlow / TTM
Mar'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
OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent

-44,963

-36,548

-38,982

-43,119

-41,935

-43,129

-46,546

-39,541

-27,256

-23,705

-13,703

-8,297

-19,840

-22,333

-22,284

-24,127

-15,932

-6,272

-6,968

2,351

6,937

6,340

12,021

11,222

7,848

7,174

4,822

-1,338

-2,586

-1,438

0

0

0

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation

6,967

6,834

7,001

7,199

7,086

7,599

9,093

9,312

9,432

9,871

10,168

10,525

11,148

11,385

11,525

11,543

11,369

11,159

10,629

10,094

9,376

8,880

8,465

7,885

7,401

7,051

7,569

7,099

7,091

6,800

0

0

0

Amortization of intangible assets

1,223

1,237

1,242

1,237

1,125

809

0

0

0

-

-

-

-

166

203

203

203

203

205

219

259

299

337

369

398

441

0

0

0

-

-

-

-

Operating lease cost

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Non-cash interest expense

1,893

1,837

1,776

1,335

883

444

0

0

0

-

-

-

-

-

-

-

-

-

29

40

50

60

61

61

61

57

42

26

11

55

0

0

0

Defined benefit plan cost

697

700

632

638

514

416

676

594

564

635

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on embedded derivatives and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Pension cost (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-11

20

317

355

396

437

0

0

0

-

-

-

-

Pension cost (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Stock-based compensation expense

8,764

9,047

9,057

9,818

9,075

8,239

8,152

6,494

5,699

5,364

4,799

4,758

4,310

3,946

3,939

3,896

4,051

3,967

4,292

3,997

3,778

3,980

3,149

2,935

2,759

3,088

2,703

2,933

2,951

2,582

0

0

0

Gain on sale of property and equipment

0

4

-16

4

4

0

20

0

47

131

131

131

84

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss (gain) on foreign currency exchange rates

-

-

-

-

-

-

-

-

-

-63

564

512

-1,401

-1,631

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for (recovery of) losses on accounts receivable

-10

-32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for (recovery of) losses on accounts receivable

-

-

-

-

-

-

-

-

-157

-106

247

332

341

281

0

0

0

-

-

-

-

-

-

0

-63

-245

-109

-138

68

300

0

0

0

Unrealized loss (gain) on foreign currency exchange rates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for (recovery of) losses on accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for losses on inventory

1,613

1,534

1,870

1,981

2,599

2,144

1,840

1,086

424

397

343

491

437

541

730

570

694

910

840

1,375

2,159

1,622

0

0

0

-

-

-

-

-

-

-

-

Provision for warranties

138

92

-115

276

200

325

544

285

433

383

917

1,042

1,264

1,327

977

840

545

717

522

-261

368

0

0

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Trade and other accounts receivable

-7,407

-2,815

3,958

636

8,791

9,354

3,728

1,519

-3,603

-20,085

-12,991

-2,825

-1,729

-315

6,331

-7,171

-4,273

15,100

1,646

4,042

4,134

-3,729

-9,949

830

729

4,914

9,015

-538

-206

827

0

0

0

Inventories

11,866

12,337

7,555

11,381

697

-5,563

-5,879

-6,287

1,658

4,956

5,630

3,706

-2,253

-5,251

-10,323

-2,976

-633

1,520

10,492

5,878

4,446

4,568

-1,368

-1,482

1,826

6,955

14,959

15,460

16,950

14,706

0

0

0

Prepaid expenses and other assets

-499

-202

896

-1,043

-771

-378

-1,061

343

957

372

424

280

238

35

440

-408

-288

79

327

474

-20

-129

88

-235

-294

-333

248

350

168

-122

0

0

0

Pension asset

-

-

-

-

-

-

0

0

0

-

-

-

-621

-650

-657

-709

-705

-724

95

63

-4

0

0

0

0

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-5,424

-9,533

-9,598

2,136

10,456

10,986

9,113

549

-2,750

-14,884

-13,096

3,046

2,714

5,031

-3,339

-9,543

-10,270

144

403

-5,994

-4,423

-2,559

-2,478

-2,556

-3,024

-8,500

-924

3,743

6,565

8,466

0

0

0

Deferred revenue and other current liabilities

-1,520

-1,757

-1,777

-1,073

-347

2,201

2,436

1,732

2,952

630

1,865

2,444

2,133

2,362

-1,604

-2,299

-1,481

46

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Accrued employee compensation

157

-235

-1,430

-556

-300

1,128

674

-743

-501

-1,478

-2,396

-2,405

-1,529

-2,670

-2,146

-247

-482

651

2,009

1,618

2,702

4,018

1,148

1,443

-50

-1,699

47

-1,014

904

278

0

0

0

Operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

4,408

4,394

-104

278

-167

88

-863

-1,777

-1,667

-1,957

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Defined benefit plan and other long-term liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Defined benefit plan and other long-term liabilities

-

-

-

-

-

-165

-341

-693

-743

-827

-580

-607

-530

-470

-971

-1,025

-1,110

-728

986

2,515

2,653

2,347

1,554

203

223

-2,007

-2,315

-2,280

-2,284

-5,572

0

0

0

Net cash used in operating activities - continuing operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities - discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Operating Activities

-51,391

-53,569

-46,276

-34,505

-22,392

-15,006

-9,150

-13,871

-16,588

-14,357

-13,133

1,268

8,563

9,380

-3,884

-4,412

-7,198

-6,163

2,076

1,221

11,358

19,891

34,513

30,931

19,452

-1,146

-9,873

-6,347

-4,184

-5,101

0

0

0

INVESTING ACTIVITIES:
Purchases of property and equipment

8,369

10,266

9,772

9,166

5,033

3,379

4,582

4,387

4,663

5,956

6,053

5,555

5,106

4,143

4,559

6,316

6,265

6,975

10,329

13,199

16,809

16,850

13,795

13,439

13,169

15,200

16,593

15,463

15,623

14,466

0

0

0

Proceeds from sale of property and equipment

0

8

-12

8

8

0

20

0

49

133

133

133

84

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities - continuing operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities - discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total net cash used in investing activities

41,961

38,753

-12,202

-11,576

-7,359

-4,394

-3,159

-2,984

15,872

14,663

14,566

15,064

-5,022

-4,143

-4,559

-6,316

-6,265

-6,975

-8,029

-10,899

-16,809

-16,850

-16,095

-15,739

-13,169

-15,200

-16,593

-15,463

-15,623

-14,466

0

0

0

FINANCING ACTIVITIES:
Payments related to finance lease

15,646

15,414

15,001

0

-10

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit borrowings

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on long-term debt and short-term borrowings

-

-

-

-

-

-

-

-

-

-

0

0

15,478

-

21,371

15,879

6,799

7,164

7,274

10,555

10,565

10,430

10,530

10,335

10,063

9,638

0

0

0

-

-

-

-

Proceeds from convertible debt, net of discount and issuance costs

-

-

-

-

-

42,991

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term debt and short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,027

11,933

11,933

15,279

8,526

11,683

11,683

8,709

8,726

8,638

8,638

13,481

0

0

0

-

-

-

-

Principal payments on long-term debt and short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from long-term and short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale of common stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Proceeds from issuance of common stock under equity compensation plans

-

-

-

-

-

-

-

-

-

841

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities - continuing operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities - discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

Proceeds from issuance of common stock under equity compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Restricted cash - compensating balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

Release of restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total net cash provided by (used in) financing activities

17,712

22,936

28,961

48,320

48,287

43,285

37,713

381

451

796

971

-4,896

-5,081

-5,366

715

6,448

7,434

9,563

4,539

4,136

852

-1,356

-3,271

-2,841

-754

15,569

16,273

17,825

17,764

10,432

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-257

-214

226

127

673

878

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in cash and cash equivalents

8,025

7,906

-29,291

2,366

19,209

24,763

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-257

-214

226

127

673

878

-454

-120

-830

-525

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for:
Increase (decrease) in cash and cash equivalents from operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Increase (decrease) in cash and cash equivalents from operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-4,835

1,719

2,060

223

1,827

-90

-2,033

227

-722

-3,496

-392

-1,405

0

0

0

Decrease in cash, cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-6,249

-3,823

-2,539

1,908

16,974

12,261

3,496

-550

-10,915

-7,481

-2,435

-10,540

0

0

0

Increase (decrease) in cash, cash equivalents and restricted cash

8,025

7,906

-29,291

2,366

19,209

24,763

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-