Nv5 global, inc. (NVEE)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash Flows From Operating Activities:
Net Income (Loss) Attributable to Parent

23,756

26,856

24,006

11,607

8,492

4,893

2,759

1,293

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

25,816

17,384

13,128

6,228

3,468

1,988

1,514

1,468

Non-cash lease expense

9,410

0

0

-

-

-

-

-

Provision for doubtful accounts

1,239

797

586

138

164

-136

22

234

Stock based compensation

10,430

6,697

4,011

2,343

1,696

752

365

217

Change in fair value of contingent consideration

-216

424

-832

201

-335

18

22

-

(Gain) loss on disposals of property and equipment

-21

-26

-35

-14

0

-64

-

-

Excess tax benefit from stock based compensation

-

-

-

892

1,536

0

-

-

Deferred income taxes

-6,634

-3,585

-11,242

-1,837

-666

247

-566

-1,474

Amortization of debt issuance costs

131

0

0

-

-

-

-

-

Billed receivables

-5,140

8,662

10,911

-7,007

4,846

7,591

426

-942

Unbilled receivables

11,807

2,813

3,802

14,688

-

-

-

-

Prepaid expenses and other assets

3,599

109

-295

-920

-601

645

1

140

Net change in cash surrender value of officers life insurance

-

-

-

-

-

-

-

6

Accounts payable

534

398

-1,495

3,047

-3,830

1,316

133

-383

Accrued liabilities

-7,315

-2,984

-2,442

-243

1,479

399

875

-564

Income taxes payable

-2,697

-3,405

4,969

1,212

1,243

392

-1,227

181

Billings in excess of costs and estimated earnings on uncompleted contracts

-4,322

3,964

436

-65

16

-124

-29

-98

Deposits

-13

-11

-883

-221

-26

153

20

134

Net cash provided by operating activities

39,900

34,999

17,625

15,213

5,972

1,420

3,421

1,536

Cash Flows From Investing Activities:
Cash paid for acquisitions (net of cash received from acquisitions)

348,375

58,155

60,633

45,811

10,427

4,650

1,617

1,000

Purchase of property and equipment

2,625

2,203

2,239

985

601

825

533

554

Net cash used in investing activities

-351,000

-60,358

-62,872

-46,796

-11,028

-5,475

-2,150

-1,554

Cash Flows From Financing Activities:
Proceeds from common stock offering

0

100,330

0

51,319

32,068

0

9,660

-

Proceeds from borrowings from Senior Credit Facility

330,457

0

47,000

-

0

-

-

-

Borrowings from Senior Credit Facility

-

-

-

-

-

-

518

2,250

Payments of borrowings from Senior Credit Facility

10,000

36,500

10,500

-

0

-

-

-

Exercise of warrants costs

-

-

-

-

216

0

567

-

Payments on notes payable

13,393

9,741

7,605

4,594

10,797

1,999

4,139

1,796

Payments on stock repurchase obligation

-

-

-

-

-

-

-

803

Payments on stock repurchase obligation

-

-

-

-

935

687

772

101

Proceeds from exercise of warrant

0

1,093

0

1,008

3,186

5

7,183

-

Payments of contingent consideration

1,202

728

563

296

533

233

-

-

Payments of common stock offering costs

0

6,861

0

4,173

2,649

0

1,580

-

Excess tax benefit from stock based compensation

-

-

-

892

1,536

0

-

-

Payments of debt issuance costs

3,676

246

0

383

0

27

-

-

Net cash used in financing activities

302,186

47,347

28,332

43,773

21,660

-2,941

10,303

-450

Net increase in Cash and Cash Equivalents

-8,914

21,988

-16,915

12,190

16,604

-6,996

11,574

-468

Supplemental disclosures of cash flow information:
Cash paid for interest

1,218

1,895

1,508

272

185

186

280

363

Cash paid for income taxes

16,215

13,634

7,607

7,334

4,371

1,767

2,416

1,969

Contingent Consideration Earn-Out, Non-Cash

1,641

3,112

908

1,417

1,307

286

948

-

Notes payable and other obligations issued for acquisitions

-

-

-

-

-

-

-

1,062

Stock issuance for acquisitions

3,511

9,330

3,856

4,239

946

1,046

46

500

Notes payable and other obligations issued for acquisitions

10,044

23,987

9,371

25,833

9,250

4,010

651

2,500

Finance leases

1,084

2,884

0

-

-

-

-

-

Payment of contingent consideration with common stock

724

-

63

-

-

-

-

-

Landlord-funded leasehold improvements

-

-

-

-

-

137

-

-

Reclassification of previously capitalized initial public offering costs from other assets to additional paid in capital upon completion of intial public offering (including costs incurred prior to 2013)

-

-

-

-

-

-

426

-