Netgear, inc. (NTGR)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'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 income (loss)

8,775

25,791

-1,628

-5,007

-11,076

-18,329

-22,424

-10,780

9,032

19,436

73,479

73,804

75,256

75,851

75,549

69,529

57,162

48,584

-13,576

-8,650

2,388

8,788

60,573

55,005

54,285

55,217

59,864

69,198

76,735

86,539

93,295

96,251

95,326

91,368

0

0

0

Net (income) loss from discontinued operations

-

-

-

-

-

-35,655

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization

19,008

19,406

19,168

19,039

18,839

18,851

16,570

18,082

19,703

22,529

25,550

27,269

29,290

29,932

33,115

34,045

35,143

35,850

36,528

36,883

36,062

35,590

35,507

35,924

36,655

32,854

28,395

23,611

18,108

16,775

15,792

14,775

14,637

14,735

0

0

0

Purchase premium amortization/discount accretion on investments, net

-

-

-

-

-

-

-

0

0

-

-163

-211

-211

-167

-122

-57

7

57

104

116

112

-11

-267

-551

-823

-1,103

-1,350

-1,643

-2,145

-2,490

-2,537

-2,064

-1,452

-986

0

0

0

Stock-based compensation

29,015

29,137

26,416

25,548

26,055

26,461

22,785

22,250

20,705

18,969

19,253

18,540

17,858

17,141

18,608

17,849

16,888

16,825

17,305

18,356

19,232

20,014

20,196

19,545

19,002

17,462

16,058

15,566

14,570

14,372

14,234

13,669

13,782

13,762

0

0

0

Income tax impact associated with stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-443

666

1,995

2,233

1,136

978

429

481

448

-641

-469

-429

-2,530

-1,415

-1,704

-1,121

1,176

1,170

3,621

3,519

0

0

0

Income tax impact associated with stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

397

431

420

485

442

492

566

767

843

1,028

996

1,552

1,620

1,435

3,689

3,672

0

0

0

Impairment of long-term investments

0

-

-

0

0

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-1,485

-1,379

2,909

1,138

2,737

2,459

21,238

22,768

21,521

21,119

-524

-1,200

848

869

766

927

165

-710

-18,277

-17,797

-19,976

-20,261

-5,679

-5,993

-7,583

-7,927

-5,324

-4,547

-3,083

-2,545

-4,707

-5,279

-5,134

-4,621

0

0

0

Provision for excess and obsolete inventory

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

-4,950

-26,500

6,218

5,657

47,480

43,055

22,609

4,739

26,145

23,121

15,351

27,708

504

-23,132

-40,263

-15,944

-36,324

14,952

-4,395

-36,407

-36,594

9,205

8,603

-5,583

53,442

10,470

21,103

16,690

-11,336

-5,317

30,185

61,809

51,586

34,576

0

0

0

Inventories

-50,185

-4,504

80,451

110,197

76,715

85,064

774

-42,935

-52,754

-34,336

9,361

33,836

30,423

12,648

47,608

19,173

14,358

-9,765

-36,480

-5,864

-681

-1,573

-4,783

9,660

40,201

46,679

29,486

28,589

23,652

10,590

42,363

15,030

-12,090

30,039

0

0

0

Prepaid expenses and other assets

-4,695

1,654

3,711

2,603

9,041

12,114

6,396

15,238

1,524

-4,604

-4,476

-11,144

-8,415

-8,691

-3,000

2,802

-4,224

-560

-9,273

-9,495

606

7,905

5,666

3,347

11,123

4,615

6,250

5,940

1,325

-2,619

2,048

-963

1,495

7,935

0

0

0

Accounts payable

-29,671

-56,614

-35,617

25,204

-7,899

45,503

46,130

30,067

6,645

-432

-15,628

-19,601

3,811

9,816

-1,866

9,652

7,848

-14,990

6,507

-29,616

-28,930

-8,236

-27,182

-28,133

22,906

36,250

37,233

36,750

2,235

-30,615

14,760

28,800

-1,698

28,131

0

0

0

Accrued employee compensation

-4,244

-11,642

-4,896

-7,333

-3,349

7,145

5,796

10,050

4,584

-5,278

-5,052

-8,727

-2,584

3,701

2,612

12,628

1,663

6,280

842

-1,095

1,374

5,037

3,387

3,409

4,431

-1,787

-3,930

-3,106

-3,896

-8,782

-2,300

-520

2,417

2,765

0

0

0

Other accrued liabilities

-1,977

-16,603

-24,267

-14,592

3,432

15,589

-1,550

9,999

16,197

15,109

17,953

14,455

-19,477

-17,766

9,948

16,808

31,256

29,987

7,365

-4,571

-14,864

2,574

-2,848

-3,521

19,516

15,069

14,291

7,839

654

3,444

10,261

18,369

13,613

9,374

0

0

0

Deferred revenue

-4,635

-3,354

-2,013

6,469

7,523

5,759

-5,909

132

5,131

2,440

10,019

-2,916

-4,556

-4,560

-4,207

849

597

-2,496

-4,932

-6,816

-6,268

5,188

7,606

1,512

3,109

-1,211

-156

8,006

3,574

-12,680

4,039

2,636

6,775

12,555

0

0

0

Income taxes payable

-4,707

-4,474

-13,594

-14,140

-20,919

-16,939

7,688

17,837

16,366

18,293

2,961

808

7,264

3,870

-2,183

6,858

-1,459

-1,263

2,594

-6,376

4,123

2,566

211

1,459

-2,194

-26

-2,500

-3,844

-6,489

-7,744

672

-3,942

4,129

-342

0

0

0

Net cash used in discontinued operating activities

-

-

-

-

-

-88,152

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

79,723

13,525

-213,111

-153,205

-197,400

-103,211

59,948

124,210

0

87,524

86,296

31,460

65,418

118,181

128,814

162,745

173,539

111,150

157,063

104,755

103,045

108,964

81,662

73,455

47,379

86,902

90,277

96,570

87,328

55,043

70,417

90,682

104,240

96,010

0

0

0

Cash flows from investing activities:
Purchases of short-term investments

1,597

1,617

11,939

11,946

46,793

81,814

104,762

149,697

137,806

136,556

128,228

120,893

148,040

144,271

178,009

165,465

115,503

110,316

90,411

85,355

110,189

145,186

130,218

140,073

193,400

153,464

189,474

314,404

281,444

369,939

349,329

246,784

240,484

228,871

0

0

0

Proceeds from maturities of short-term investments

23,790

70,790

105,790

138,295

149,296

137,058

136,059

137,313

136,562

135,549

131,549

132,792

129,042

115,291

110,417

115,278

110,416

130,273

130,300

105,469

120,327

134,827

170,734

185,565

225,752

275,406

275,026

374,876

356,172

284,418

265,722

189,862

140,479

227,669

0

0

0

Purchases of property and equipment

9,547

14,230

15,098

15,839

15,435

12,251

9,285

9,813

9,480

10,140

13,052

11,333

11,609

10,231

9,842

10,860

10,423

14,000

17,059

18,120

21,886

19,338

19,762

19,709

18,374

18,050

14,979

15,657

16,061

14,762

13,887

11,155

7,767

8,211

0

0

0

Purchases of long-term investments

534

5,484

6,575

6,291

6,291

1,091

1,500

3,000

3,000

4,400

2,900

1,400

1,400

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments made in connection with business acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

0

737

737

737

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

28,625

28,625

7,100

37,509

37,509

0

0

0

Net cash used in discontinued investing activities

-

-

-

-

-

-71,363

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

12,112

49,459

51,522

26,661

-3,904

-43,189

-47,457

-36,264

0

-19,818

-22,916

-11,119

-42,292

-48,759

-77,434

-61,047

-15,510

5,957

22,830

1,994

-12,798

-30,747

19,679

22,308

-129,647

-39,733

-74,427

-119,310

29,142

-130,308

-126,119

-75,177

-145,281

-46,922

0

0

0

Cash flows from financing activities:
Repurchases of common stock

75,954

75,946

67,365

61,980

45,000

30,000

41,531

56,530

101,530

113,161

101,630

71,631

39,877

38,252

33,401

59,896

119,114

117,680

132,743

129,632

85,882

93,218

131,105

107,724

79,157

63,585

521

518

590

850

842

842

623

926

0

0

0

Restricted stock unit withholdings

4,500

6,500

6,600

6,600

9,129

8,100

7,983

7,951

6,735

6,400

6,353

6,434

6,286

4,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

3,463

5,027

6,240

6,921

6,955

6,841

8,286

8,405

8,982

9,508

12,678

17,466

26,924

28,147

56,665

51,110

41,481

40,928

10,077

9,289

9,024

9,979

7,896

9,103

9,003

7,487

7,573

9,914

10,869

12,700

13,249

9,636

27,699

29,139

0

0

0

Proceeds from issuance of common stock under employee stock purchase plan

3,792

3,617

3,617

5,125

5,125

5,554

5,554

4,834

4,834

4,764

4,764

4,909

4,909

3,892

3,892

3,128

3,128

2,985

2,985

2,936

2,936

2,762

2,762

2,414

2,414

2,139

2,138

2,095

2,095

1,997

1,998

1,998

1,998

1,752

0

0

0

Net cash provided by discontinued financing activities

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

397

431

420

485

442

492

566

767

843

1,028

996

1,552

1,620

1,435

3,689

3,672

0

0

0

Net cash used in financing activities

-73,223

-73,823

-64,049

113,758

128,189

144,577

134,576

-51,225

0

-105,304

-90,527

-55,676

-14,316

-10,899

19,911

-12,442

-77,572

-76,396

-119,284

-116,976

-73,502

-79,992

-120,005

-95,715

-67,174

-53,192

10,033

12,519

13,370

15,399

16,025

12,227

32,763

33,637

0

0

0

Net increase (decrease) in cash and cash equivalents

18,612

-10,839

-225,638

-12,786

-73,115

-1,823

147,067

36,721

23,127

-37,598

-27,147

-35,335

8,810

58,523

71,291

89,256

80,457

40,711

60,609

-10,227

16,745

-1,775

-18,664

48

-149,442

-6,023

25,883

-10,221

129,840

-59,866

-39,677

27,732

-8,278

82,725

0

0

0

Additions to property and equipment included in accounts payable and other accrued liabilities

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-