Pure Storage, Inc. PSTG Cash Flow

Pure storage, inc. (PSTG)

CashFlow / TTM

Feb'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
-200,987	-222,091	-220,289	-214,394	-178,362	-167,511	-168,735	-167,023	-159,878	-164,355	-213,764	-214,903	-221,532	-246,445	-224,133	-228,420	-213,752	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
89,710	86,282	80,879	75,521	70,878	67,600	65,334	63,336	61,744	59,750	57,867	54,596	50,203	45,114	40,322	36,207	32,254	0	0	0
Amortization of debt discount and debt issuance costs
27,179	26,803	26,432	26,066	21,031	14,414	7,889	1,455	0	0	0	0	-	-	-	-	-	-	-	-
Stock-based compensation expense
226,705	229,497	233,597	228,847	210,645	198,691	179,225	162,409	150,673	145,459	134,831	125,889	116,668	101,156	88,460	72,364	58,225	0	0	0
Other
-1,336	485	4,794	6,002	5,039	3,983	-1,339	-1,755	-2,054	-1,841	-2,195	-2,161	-1,892	42	599	911	1,093	0	0	0
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable, net
79,442	55,947	109,803	115,493	135,649	103,498	73,823	63,933	74,505	39,493	50,613	36,071	44,049	52,384	39,686	42,769	67,292	0	0	0
Inventory
-2,393	-7,536	-3,463	9,883	12,289	15,384	11,008	919	12,595	17,901	11,871	17,258	3,776	-4,712	-742	-328	-1,481	0	0	0
Deferred commissions
24,231	26,691	27,100	27,213	27,660	23,136	22,546	25,342	27,978	28,893	24,554	18,588	13,080	2,705	6,269	10,643	13,021	0	0	0
Prepaid expenses and other assets
16,734	7,504	18,741	25,381	6,972	21,691	12,479	8,744	23,799	6,284	5,510	7,333	6,133	6,600	6,879	8,463	8,704	0	0	0
Operating lease right-of-use assets
26,511	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-18,856	-32,751	1,601	7,288	14,293	29,270	10,942	14,458	29,278	18,813	20,852	6,496	10,644	18,316	12,477	25,352	24,901	0	0	0
Accrued compensation and other liabilities
20,296	13,207	33,564	37,698	51,810	33,855	22,157	20,935	26,622	12,954	7,701	6,204	19,381	14,280	21,918	17,319	24,710	0	0	0
Operating lease liabilities
-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
161,071	181,712	193,638	175,240	161,737	133,881	116,033	107,266	101,140	69,812	58,877	63,459	75,728	114,728	133,824	140,990	142,535	0	0	0
Net cash provided by operating activities
189,574	200,510	192,802	152,469	164,423	142,629	114,328	105,653	72,756	51,274	-24,297	-35,656	-14,362	-9,870	32,077	13,254	-7,856	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment
87,847	103,645	110,742	102,246	100,246	91,516	77,693	74,587	65,060	56,522	60,755	65,166	76,773	74,462	63,650	56,989	39,355	0	0	0
Acquisitions, net of cash acquired
51,594	51,594	61,780	61,780	13,899	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable securities
795,580	747,133	659,347	896,514	665,357	608,906	601,805	228,382	202,656	195,157	194,107	239,227	526,717	483,558	427,968	343,466	0	0	0	0
Sales of marketable securities
200,251	117,594	66,661	31,768	19,878	39,224	46,545	71,559	66,489	80,606	88,812	96,411	114,354	79,815	59,071	23,327	0	0	0	0
Maturities of marketable securities
419,059	442,888	426,243	356,396	253,280	201,096	168,180	158,770	144,068	109,321	116,394	94,834	48,513	0	0	0	-	-	-	-
Net increase in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	5,601	8,085	1,779	2,485	0	0	0
Net cash used in investing activities
-324,711	-355,890	-352,965	-677,376	-511,344	-474,001	-464,773	-72,640	-57,159	-56,152	-44,056	-114,854	-441,623	-446,593	-435,832	-378,907	-41,840	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from exercise of stock options
42,899	30,233	37,964	54,918	47,771	52,258	46,951	32,034	24,677	19,948	15,336	14,078	14,912	12,023	9,373	7,408	6,008	0	0	0
Proceeds from issuance of common stock under employee stock purchase plan
43,298	43,291	45,788	45,788	33,444	33,444	27,669	27,669	22,137	22,137	24,693	24,693	25,606	25,606	15,079	15,079	0	0	0	0
Proceeds from issuance of convertible senior notes, net of issuance costs
0	0	0	0	562,062	562,062	562,062	562,062	0	0	0	0	-	-	-	-	-	-	-	-
Payment for purchase of capped calls
0	0	0	0	64,630	64,630	64,630	64,630	0	0	0	0	-	-	-	-	3,702	0	0	0
Repayment of debt assumed from acquisitions
11,555	11,555	17,656	17,656	6,101	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholding on vesting of restricted stock
10,379	9,419	7,805	6,304	632	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
15,017	0	0	0	20,000	20,000	20,000	20,000	0	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
49,246	52,550	58,291	76,746	551,914	557,033	552,052	537,135	46,814	42,085	40,029	38,771	40,518	35,617	481,291	478,523	461,731	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
-85,891	-102,830	-101,872	-448,161	204,993	225,661	201,607	570,148	62,411	37,207	-28,324	-111,739	-415,467	-420,846	77,536	112,870	412,035	0	0	0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest
718	718	730	730	371	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
4,824	3,973	4,389	4,497	4,696	4,801	4,452	4,139	3,090	2,766	2,700	2,333	2,866	2,808	2,612	2,167	1,118	0	0	0
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION
Property and equipment purchased but not yet paid
6,814	4,470	7,641	17,152	13,873	14,714	15,311	8,571	9,940	11,289	6,301	7,651	7,414	10,418	12,161	11,080	6,212	0	0	0
Vesting of early exercised stock options
0	0	0	0	320	568	816	1,064	1,042	3,399	3,459	3,521	3,399	976	1,115	1,471	1,725	0	0	0
Unpaid deferred offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	546	0	0	0