Onto innovation inc. (NANO)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'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'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net (loss) income

-5,467

1,910

10,586

17,943

0

31,688

45,096

59,129

53,325

43,938

32,909

46,058

48,177

45,920

44,035

15,568

8,503

3,816

2,905

79

-29,401

-30,157

-31,118

-25,923

-1,815

-6,969

-14,146

-18,349

-11,892

-2,820

4,465

7,581

13,297

19,878

28,685

0

0

0

Adjustments to reconcile net income to net cash and cash equivalents provided by (used in) operating activities:
Amortization of intangibles

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

0

0

-

7,528

-

0

0

6,790

-

7,074

7,542

7,973

8,295

8,689

8,825

8,927

9,075

7,933

9,508

9,662

9,767

10,911

9,333

9,108

8,787

8,682

8,548

8,455

8,137

6,252

5,930

5,345

4,983

0

0

0

Share-based compensation

11,426

10,585

7,546

7,359

0

6,838

6,062

7,124

6,360

5,844

5,670

9,009

8,561

8,141

7,666

7,016

6,698

6,366

6,248

6,301

6,324

6,689

6,752

6,877

7,876

7,851

7,674

7,267

6,044

5,886

5,890

6,262

5,750

5,112

4,473

0

0

0

Acquired inventory step-up amortization

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts and inventory valuation

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from equity awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53

-496

-271

-102

910

2,929

3,210

2,324

3,915

0

0

0

Disposal of fixed assets

-

-

0

0

-

802

-

0

0

-613

-

-414

-448

-442

-478

-705

-748

-735

-1,121

-747

-722

-734

-249

-84

-195

-165

-177

-230

-179

-197

-303

-340

-244

-231

-113

0

0

0

Inventory write-down

-

-

0

0

-

4,664

-

0

0

1,709

-

2,071

2,079

1,865

2,110

2,125

2,393

2,893

2,645

3,759

2,668

2,631

2,897

2,381

6,342

6,927

7,579

7,224

4,543

4,034

3,519

4,729

4,433

3,954

3,421

0

0

0

Deferred income taxes

-

-

-

-

-

105

2,163

19,722

20,729

19,748

17,207

-14,616

-15,955

-17,232

-16,783

158

179

260

345

-2,688

17,561

17,451

17,915

23,546

258

-2,305

-6,889

-9,855

-4,900

-3,781

2,752

4,332

3,340

4,771

3,770

0

0

0

Other, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in fair value of contingent payments to Zygo Corporation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,175

-35

-54

-36

-56

220

228

241

201

398

391

931

1,325

867

1,120

510

129

286

31

274

413

0

0

0

Change in operating assets and liabilities net of assets acquired and liabilities assumed in merger:
Accounts receivable

-

9,721

17,065

6,014

-

725

-706

-10,532

-12,343

-15,339

-430

303

-6,850

4,384

2,707

-1,277

7,857

4,467

12,610

15,883

13,260

8,512

-3,861

3,687

1,190

12,611

10,376

-6,746

-7,779

-18,618

-7,733

-15,600

-3,939

-10,157

-16,172

0

0

0

Inventories

-

9,338

38,324

38,113

-

34,724

31,545

-6,259

-2,786

1,208

4,218

18,954

10,657

-3,702

-4,526

-6,114

1,532

15,860

16,431

15,068

11,785

6,473

7,173

7,849

6,733

4,535

7,024

5,361

1,263

3,535

-1,383

1,389

8,142

11,225

12,169

0

0

0

Inventories-delivered systems

-

-

0

0

-

-1,144

-

0

0

-1,787

-

-1,095

-7,919

-859

-399

2,873

8,019

3,390

943

1,042

1,216

-1,500

-4,988

-2,073

-2,086

725

4,627

487

699

-53

758

-352

-1,186

-1,450

-446

0

0

0

Prepaid expenses and other assets

-

5,079

3,338

1,653

-

3,836

3,101

-940

4,161

2,052

1,686

3,834

-109

-212

-905

276

-385

-3,970

-3,271

-4,988

-3,787

-364

-2,303

924

495

602

1,855

-3,589

-2,803

-4,043

-1,114

6,532

3,345

7,646

4,747

0

0

0

Operating lease - right of use assets

-

-

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued and other liabilities

-

-

0

0

-

-744

-

0

0

-1,395

-

7,481

2,088

4,900

2,462

-9,777

-1,627

-1,248

4,167

15,959

9,034

8,273

1,790

-6,493

313

2,655

4,840

6,473

-7,941

-11,752

-12,567

-10,890

-829

5,642

4,241

0

0

0

Deferred revenue

-

-

0

0

-

1,630

-

0

0

-1,782

-

-8,663

-13,877

-3,238

-3,634

5,519

13,665

6,117

1,006

2,727

1,544

-4,704

-12,855

-5,597

-4,809

2,894

12,717

98

798

-1,055

2,472

4,193

4,703

2,426

3,088

0

0

0

Operating lease liabilities

-

-

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

0

0

-

-2,227

-

0

0

3,134

-

433

-327

-705

-1,928

-886

-359

-139

828

3,241

1,063

484

-212

-3,461

-1,480

-1,072

-666

-300

-509

-532

346

3,206

3,205

2,548

5,054

0

0

0

Net cash and cash equivalents provided by (used in) operating activities

27,900

18,146

-49,449

-26,180

0

1,524

35,094

132,195

112,884

93,810

64,171

26,968

42,723

48,261

45,685

33,324

21,948

7,944

1,571

11,262

-3,223

-1,817

-635

-8,067

9,958

1,398

-2,431

7,320

4,881

18,423

24,008

31,393

30,532

40,593

54,028

0

0

0

Payments to acquire certain assets

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales of marketable securities

-

-

0

0

-

39,583

-

0

0

60,284

-

0

0

0

-

-

-

-

3,383

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of marketable securities

-

-

0

0

-

43,650

-

0

0

59,219

-

76,237

57,882

50,153

38,775

37,045

47,843

45,424

41,863

43,548

37,055

41,431

38,839

34,629

41,921

43,978

47,089

45,866

31,124

18,447

8,336

0

0

0

-

-

-

-

Purchases of marketable securities

179,901

127,462

0

0

0

0

-

-

-

-

164,661

124,008

148,771

106,425

82,864

77,991

36,768

43,789

41,449

41,588

39,182

43,303

41,100

35,195

45,207

46,300

49,182

58,515

68,337

69,939

58,647

0

0

0

-

-

-

-

Proceeds from sales of marketable securities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property, plant and equipment

3,667

6,802

14,543

14,095

0

10,355

7,542

10,810

10,435

11,482

10,210

2,992

3,007

3,436

3,999

3,830

3,331

1,954

1,846

4,357

3,022

4,101

5,792

4,973

7,532

6,885

5,689

4,801

4,325

5,120

4,990

4,378

3,644

2,867

2,755

0

0

0

Net cash and cash equivalents used in investing activities

17,468

4,104

-27,564

817

0

-3,808

33,772

-14,318

-2,742

-9,057

-32,522

-20,277

-62,550

-43,572

-42,133

-42,184

8,744

1,982

1,951

487

-2,766

-4,891

-8,053

-5,539

-10,818

-9,207

-7,782

-17,450

-38,538

-53,104

-51,793

-65,211

-40,812

-26,718

-26,667

0

0

0

Cash flows from financing activities:
Purchase of common stock

0

-

-

-

-1,174

-

21,069

0

0

0

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

5,000

8,544

8,544

13,504

8,504

0

0

0

-

-

-

-

Excess tax benefit from equity awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53

-496

-271

-102

910

2,929

3,210

2,324

3,915

0

0

0

Tax payments related to shares withheld for share-based compensation plans

3,302

2,540

1,304

1,518

0

2,248

1,921

642

697

79

1,358

4,082

3,926

2,919

1,822

1,656

1,455

1,076

1,182

1,142

1,053

807

702

1,759

1,759

1,754

1,181

688

688

688

618

96

96

119

126

0

0

0

Payments to Zygo Corporation related to acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

315

552

749

711

851

731

743

711

587

739

1,049

971

1,004

803

318

326

300

363

439

478

432

0

0

0

Repayments of debt obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,224

5,445

2,292

2,251

2,210

2,171

2,663

2,571

2,571

0

0

0

Issuance of shares through share-based compensation plans

-540

844

1,352

2,450

-

1,627

624

771

467

-49

623

6,141

7,846

8,730

8,447

6,316

4,940

2,551

3,974

3,748

4,257

5,200

5,958

7,627

6,310

6,484

4,967

3,642

4,139

4,297

3,913

5,358

6,279

6,797

7,186

0

0

0

Net cash and cash equivalents used in financing activities

-39,958

-4,198

423

1,307

0

-246

-23,909

-24,675

-25,034

-24,932

-2,552

1,023

2,884

4,544

5,274

4,108

2,736

764

220

-5,190

-4,604

-3,383

-675

5,543

-952

-924

-7,495

-12,334

-7,974

-12,574

-6,809

697

1,331

1,635

3,715

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-739

233

62

456

0

396

-339

934

813

748

814

-1,094

-735

-489

82

612

183

48

-264

-623

-973

-807

-726

-145

697

221

-442

-1,167

-1,257

-878

-190

436

-746

-203

163

0

0

0

Net decrease in cash and cash equivalents

4,671

18,285

-76,528

-23,600

0

-2,134

44,618

94,136

85,921

60,569

29,911

6,620

-17,678

8,744

8,908

-4,140

33,611

10,738

3,478

5,936

-11,566

-10,898

-10,089

-8,208

-1,115

-8,512

-18,150

-23,631

-42,888

-48,133

-34,784

-32,685

-9,695

15,307

31,239

0

0

0

Supplemental disclosure of cash flow information:
Income taxes paid

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash investing activities:
Transfers between inventory and property, plant and equipment, net

-

-

0

0

-

1,462

-

0

0

2,520

-

1,342

3,598

1,876

2,345

1,609

644

1,525

1,469

-284

3,761

3,710

3,275

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Unpaid property, plant and equipment

-

-

0

0

-

782

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-