PRGX GLOBAL, INC. PRGX Cash Flow

Prgx global, inc. (PRGX)

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
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
-13,207	-13,720	-1,458	1,485	2,858	4,593	2,043	475	2,706	3,184	-2,358	-809	-726	905	3,182	-2,509	-820	-3,226	-7,415	-4,245	-6,810	-7,526	-11,778	-6,662	-3,363	-186	7,744	5,432	4,603	5,392	5,171	3,028	2,736	2,816	0	0	0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
13,351	13,446	12,776	11,849	11,820	10,766	10,395	9,665	8,270	8,203	7,490	7,408	7,193	6,879	6,952	6,958	7,402	7,810	8,226	8,770	9,200	9,747	10,743	11,658	12,529	13,228	14,164	14,073	13,752	14,308	13,031	12,625	11,930	10,392	0	0	0
Operating lease right-of-use asset expense
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred loan costs
94	126	121	138	101	53	62	97	93	85	136	80	40	60	0	0	0	-	-	-	88	104	123	141	163	193	183	183	183	183	189	188	189	188	0	0	0
Noncash interest expense
0	-	-	-	683	961	2,018	1,831	1,493	1,215	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based Payment Arrangement, Noncash Expense
4,866	4,930	4,470	5,284	4,495	5,056	5,849	6,616	7,431	7,052	7,261	6,578	5,916	5,123	2,620	2,576	3,567	3,926	5,653	5,677	4,643	4,532	5,926	5,825	5,997	6,294	5,619	6,154	6,238	6,321	5,909	5,531	5,593	5,093	0	0	0
Foreign currency transaction losses on short-term intercompany balances
-1,548	-298	-1,306	-471	-1,428	-1,002	-467	21	1,858	2,190	867	614	-539	-84	741	-78	534	-2,165	-2,860	-3,427	-3,680	-2,003	-1,114	743	355	13	241	-47	-319	377	0	0	0	-	-	-	-
(Gain) Loss on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Foreign currency transaction (gains) losses on short-term intercompany balances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Deferred income taxes
0	-	-	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Changes in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	2,283	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities
Restricted cash
-	-	-	-	-	-	-	-	10	-	10	17	2	-1	1	-18	-7	-5	-23	-32	-19	-4	-6	7	-3	-8	4	10	6	1	9	110	-1	0	0	0	0
Billed receivables
-6,423	-5,705	339	3,257	10,170	8,639	2,016	4,256	-966	3,949	4,325	3,898	4,703	3,339	2,963	-1,505	-3,036	-4,331	-3,254	1,808	5,718	6,351	261	838	-2,098	-4,206	-537	-4,471	-366	1,598	260	-564	-5,260	-1,717	0	0	0
Unbilled receivables
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled receivables
-	-	-	-	-	-	0	0	0	-	0	0	191	-	528	-5	401	-1,305	-1,172	-1,396	-5,497	-7,278	-10,314	-15,129	-5,279	-2,609	-1,327	3,196	-1,340	2,179	4,990	7,324	8,409	5,419	0	0	0
Prepaid expenses and other current assets
496	2,563	-462	-681	-2,551	-2,404	-1,803	-860	354	417	1,490	1,846	1,150	1,506	780	-708	-8	-705	-1,245	-814	-1,516	-1,575	646	119	307	1,326	368	1,182	543	-693	-1,063	-2,005	-607	718	0	0	0
Long-term incentive compensation payout
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
0	-	0	0	0	-	0	0	436	-	-321	-311	-390	65	4	75	87	0	50	-43	-31	-5	-8	13	2	-17	-58	-17	188	179	492	576	322	455	0	0	0
Accounts payable and accrued expenses
-3,991	-1,239	-4,554	-4,477	-4,678	-3,275	-4,203	-3,183	206	815	2,111	2,383	-1,156	1,218	160	-610	352	-1,949	-1,383	-3,007	-1,203	-3,432	-2,382	-1,608	-4,345	-3,512	-4,590	-3,039	-3,077	-1,125	2,501	-3,064	-87	110	0	0	0
Accrued payroll and related expenses
2,031	-2,147	648	-311	-100	778	90	-918	34	975	142	1,060	-524	2,606	-769	96	-1,436	-3,595	-1,880	-1,354	-159	536	-860	719	-188	-5,720	-4,952	-5,594	-3,061	-1,258	235	-863	87	8,289	0	0	0
Refund liabilities
-1,893	-2,075	-4,238	-2,452	-2,793	-2,112	-33	518	500	115	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refund liabilities
-1,893	-2,075	-4,238	-2,452	-2,793	-2,112	-33	518	500	115	-140	-419	-240	67	3,014	2,942	2,947	2,389	-820	-762	-1,142	-1,297	-1,083	-1,122	-965	-591	-631	111	163	392	155	-843	-1,055	-837	0	0	0
Deferred revenue
0	-	0	0	0	-	0	0	0	-	0	0	293	-	-300	-416	-1,161	-784	340	140	581	720	4	574	-42	-72	164	-70	-29	-157	-1,154	-520	-330	-338	0	0	0
Noncurrent compensation obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	414	458	272	316	329	354	350	375	345	457	498	607	432	0	0	0
Other long-term liabilities
-	-	-	-	-	-	-	-	2,765	353	-2,192	-3,965	-3,031	-562	320	502	214	272	-60	27	58	112	437	200	-351	-1,224	-2,160	-1,916	-1,905	-1,118	-608	-684	-146	-243	0	0	0
Net cash provided by (used in) operating activities
18,140	10,500	9,063	6,354	2,987	2,426	6,478	5,816	13,836	13,464	7,501	5,932	1,859	10,118	7,264	11,433	12,947	13,453	15,280	11,677	12,559	10,047	15,259	27,409	20,487	18,424	16,773	14,840	17,718	18,843	18,915	9,980	15,113	19,293	0	0	0
Cash flows from investing activities:
Business acquisition, net of cash acquired
-	-	-	-	-	-19	-19	-19	-31	10,128	13,797	13,797	13,809	3,669	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Purchases of property, equipment and software, net of disposal proceeds
13,103	15,027	14,178	12,711	12,319	10,398	10,821	10,633	10,375	9,355	7,672	7,798	6,364	5,887	5,961	4,423	4,389	4,482	4,304	4,573	4,981	4,709	5,905	6,219	5,512	6,875	6,786	6,700	8,171	7,931	7,886	8,280	8,775	8,287	0	0	0
Net cash used in investing activities
-13,103	-15,027	-14,178	-12,711	-12,319	-10,379	-10,802	-10,614	-10,344	-19,483	-21,469	-21,595	-20,173	-9,556	-5,698	-4,160	-4,126	-4,219	-3,204	-3,473	-3,881	-3,609	-5,905	-6,219	-5,512	-6,875	-6,891	-6,805	-8,716	-9,473	-11,815	-12,872	-12,927	-11,442	0	0	0
Cash flows from financing activities:
Repayments of long-term debt
-	-	-	-	-	-13,500	-10,934	-9,434	-1,434	66	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of credit facility
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	0	0	0
Payment of deferred loan costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	104	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Payments of deferred acquisition consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,208	2,206	2,224	2,224	1,902	1,850	3,313	3,843	2,837	0	0	0	-	-	-	-
Proceeds from credit facility
41,000	26,400	26,400	22,400	28,400	21,500	15,000	13,500	1,500	10,000	16,100	13,600	13,600	3,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of deferred loan costs
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of earnout liability related to business acquisitions
3,750	4,229	4,229	479	4,479	4,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted stock repurchased from employees for withholding taxes
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,118	18,800	18,800	18,800	14,682	0	0	0	-	-	-	-
Repurchases of common stock
2,709	4,653	0	0	0	-	-	-	0	-	-	-	-	3,772	4,572	11,389	15,207	18,071	19,946	22,027	28,133	22,685	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Restricted stock repurchased from employees for withholding taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,757	1,489	1,460	1,826	1,605	3,478	3,394	1,508	1,063	0	0	0
Proceeds from option exercises
168	219	489	1,379	2,213	4,422	4,464	3,615	3,050	1,172	1,056	1,015	576	326	178	178	178	91	78	540	685	2,823	3,095	2,842	2,763	916	674	723	857	559	502	283	264	353	0	0	0
Net cash provided by financing activities
8,003	5,463	5,219	8,847	6,755	3,034	3,219	2,336	1,773	10,983	14,389	14,209	12,858	-64	-4,713	-11,486	-15,438	-18,392	-20,179	-22,087	-28,316	-22,742	-24,049	-16,027	-6,163	-4,625	13,135	11,750	10,988	7,799	-6,969	-7,003	-6,122	-5,410	0	0	0
Effect of exchange rates on cash and cash equivalents
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash and cash equivalents
-	-	-	-	-	-	-	0	-1,848	-	-1,659	-850	1,292	103	644	-295	-1,072	-1,455	-2,517	-2,802	-2,671	-1,661	-1,419	102	-902	-1,030	-473	-520	-395	300	236	-1,172	-539	-552	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
13,081	1,009	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	3,413	-	-1,238	-2,304	-4,164	601	-2,503	-4,508	-7,689	-10,613	-10,620	-16,685	-22,309	-17,965	-16,114	5,265	7,910	5,894	22,544	19,265	19,595	17,469	367	-11,067	-4,475	1,889	0	0	0
Supplemental disclosure of cash flow information:
Cash paid during the period for interest
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	0	542	-	166	194	80	60	52	64	62	63	103	98	127	132	159	250	515	567	564	524	318	340	362	382	402	422	0	0	0
Cash paid during the period for income taxes, net of refunds received
1,825	2,440	4,478	3,966	3,505	3,255	3,156	3,125	2,567	2,929	1,007	1,753	1,940	1,407	1,419	1,021	1,255	1,085	2,221	2,964	3,132	3,892	3,335	3,415	3,899	3,245	3,384	3,070	2,799	2,730	2,158	7,026	3,644	4,235	0	0	0