Ringcentral, inc. (RNG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'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'13
Cash flows from operating activities
Net Income (Loss) Attributable to Parent

-107,970

-53,607

-34,028

-30,797

-29,845

-26,203

-20,646

-10,859

-4,683

-4,204

2,055

-6,193

-11,849

-16,225

-29,304

-27,661

-28,101

-32,099

-35,278

-40,928

-46,047

-48,340

-51,586

-48,451

-48,740

-46,098

0

0

0

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

46,722

37,870

32,139

28,283

25,427

23,273

21,479

19,848

17,971

16,214

15,843

15,552

15,071

14,663

14,281

13,891

13,620

13,467

12,904

12,317

11,483

10,378

9,783

9,219

8,943

8,980

0

0

0

Share-based compensation

118,545

101,354

90,399

81,538

74,219

68,088

60,935

53,362

46,392

42,060

38,741

36,188

33,038

30,840

28,901

26,264

24,078

22,088

20,000

18,446

17,086

15,516

14,300

12,312

9,603

7,540

0

0

0

Amortization of deferred and prepaid sales commission costs

33,700

30,100

27,000

24,300

22,016

19,800

17,726

15,757

13,987

12,600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt discount and issuance costs

22,807

20,337

20,064

19,795

19,530

15,918

0

0

0

-

-

-

-

-

-

-

-

156

221

256

248

259

1,796

1,978

2,005

2,014

0

0

0

Loss on early extinguishment of debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of convertible senior notes attributable to debt discount

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of operating lease right-of-use assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) and other related costs on investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency remeasurement (gain) loss

-870

105

-355

150

-673

-951

-691

-575

355

666

535

-444

-2,123

-2,615

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net accretion of discount and amortization of premium on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-616

0

0

0

-

-

-

-

-

-

-

-

Provision for bad debt

4,104

2,949

3,040

2,949

2,874

3,091

2,556

1,808

1,939

1,674

1,698

1,263

709

648

717

669

592

411

0

0

0

-

-

-

-

-

-

-

-

Deferred income taxes

-535

-737

-950

-661

-532

-303

-14

-24

-51

-47

-50

-44

-34

-36

-17

-24

-26

-8

-112

-105

-22

-35

0

0

0

-

-

-

-

Tax benefit from release of valuation allowance

-35

3,210

3,210

3,210

3,245

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-1,148

240

1,740

1,636

1,841

614

516

278

289

181

242

583

664

583

660

401

422

416

344

252

115

100

0

0

0

-

-

0

0

Changes in assets and liabilities:
Accounts receivable

38,831

37,163

42,839

37,219

43,901

47,877

36,598

34,654

25,552

17,903

18,209

11,215

6,804

11,899

9,113

12,597

14,644

11,923

7,936

7,294

7,786

4,646

4,951

3,156

1,980

355

0

0

0

Deferred and prepaid sales commission costs

113,370

102,303

64,906

56,661

49,231

45,232

40,860

39,467

32,721

32,469

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

276

197

-248

-401

-23

1,024

1,743

1,279

0

0

0

Prepaid expenses and other current assets

4,699

1,575

2,211

6,800

3,906

342

5,583

6,371

6,431

6,199

5,456

3,189

3,500

1,018

2,769

2,718

3,044

4,242

4,305

1,618

2,746

3,553

688

3,729

6,399

1,873

0

0

0

Other assets

-978

-764

-1,085

-1,086

141

-279

292

-406

-1,825

-1,533

-1,294

-446

-117

-76

394

570

1,032

422

378

715

858

1,660

1,282

936

356

328

0

0

0

Accounts payable

14,884

21,753

14,537

14,428

13,356

2,783

-3,120

1,104

-416

176

6,154

4,000

1,722

1,516

-818

-3,658

-1,324

1,591

-1,649

1,332

1,328

-510

-1,027

-1,090

-111

-453

0

0

0

Accrued liabilities

47,146

27,095

28,173

20,689

27,513

33,695

28,446

24,518

11,838

9,918

10,854

6,809

12,397

15,165

11,333

10,741

6,469

2,354

2,494

7,043

4,857

9,054

13,054

3,232

6,966

1,370

0

0

0

Deferred revenue

16,350

18,845

24,305

29,292

24,961

24,780

24,117

20,652

19,429

18,298

13,170

10,483

9,576

7,962

8,451

11,079

10,707

11,071

10,871

10,855

10,010

9,034

7,842

6,465

5,952

5,262

0

0

0

Operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

-428

-590

-644

-972

-1,363

-1,139

-944

-495

-214

-24

-752

-1,213

-2,619

-2,809

-1,500

-1,133

710

861

688

450

1,608

1,884

1,974

2,311

1,040

1,127

0

0

0

Net cash provided by operating activities

57,718

64,846

94,036

87,503

80,142

72,130

59,391

52,588

44,640

41,165

38,148

32,479

33,609

29,708

25,314

19,384

10,582

5,086

-2,114

-65

-9,654

-11,430

-10,289

-22,396

-16,741

-23,771

0

0

0

Cash flows from investing activities
Purchases of property and equipment

27,766

27,767

30,626

30,261

29,398

27,123

21,463

22,539

18,929

19,497

20,488

16,994

17,368

14,236

13,159

12,971

13,795

14,631

13,851

14,477

16,617

17,267

16,287

15,344

10,364

10,789

0

0

0

Capitalized internal-use software

20,372

16,526

14,776

13,656

12,205

11,421

10,105

9,299

8,539

7,420

6,079

4,689

3,363

2,162

2,192

2,864

2,513

2,513

0

0

0

-

-

-

-

-

-

-

-

Cash paid for business combination, net of cash acquired

0

27,870

54,304

54,304

54,304

26,434

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for acquisition of intangible assets

-

-

-

-

-

18,470

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

0

0

0

Proceeds from the maturity of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,080

0

0

0

-

-

-

-

-

-

-

-

Proceeds from the maturity of restricted investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-272,755

-296,780

-99,706

-98,221

-95,907

-83,448

-50,038

-50,308

-45,408

-26,387

-26,037

-21,153

-20,731

-16,398

-13,031

-4,015

322

6,366

5,452

-32,791

-39,570

-46,661

-45,630

-15,344

-10,364

-10,919

0

0

0

Cash flows from financing activities
Proceeds from Debt, Net of Issuance Costs

986,508

0

0

0

0

449,457

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for 2023 convertible senior notes partial repurchase

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments For Capped Call Transactions And Costs

60,900

0

0

0

0

49,910

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

15,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of stock in connection with stock plans

31,963

29,827

24,579

22,401

19,599

20,621

19,442

19,775

26,504

25,495

26,521

26,385

17,502

15,104

15,752

17,181

18,323

19,524

14,475

12,522

9,026

9,487

0

0

0

-

-

-

0

Repayment of capital lease and financing obligations

-

-

-

-

-

-

-

-

-

-

181

273

363

269

354

345

465

594

698

1,001

801

698

619

339

434

422

0

0

0

Payments for taxes related to net share settlement of equity awards

23,083

14,666

11,959

9,233

8,092

7,172

7,023

5,559

4,484

3,691

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment for contingent consideration for business acquisition

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of financing obligations

511

0

0

0

0

-

-

-

-

14,840

15,777

16,715

17,652

3,750

3,750

3,750

3,750

6,142

7,932

9,425

10,909

9,909

27,563

27,099

26,626

26,309

0

0

0

Net proceeds from public offerings of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57,167

0

0

0

-

-

-

0

Payment of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,219

3,166

4,707

3,898

3,720

0

0

0

Net cash provided by financing activities

428,606

9,042

11,677

12,225

10,766

397,255

396,225

398,022

406,567

6,783

8,314

8,024

-2,489

9,330

9,971

11,435

13,957

12,637

5,741

2,055

-3,698

54,787

151,146

169,833

171,639

113,233

0

0

0

Effect of exchange rate changes

-535

169

-627

-1,119

-934

-800

-601

-37

-526

-724

-509

-126

227

127

132

198

61

317

234

172

248

108

12

-41

-28

-29

0

0

0

Net increase (decrease) in cash, cash equivalents and restricted cash

213,034

-222,723

5,380

388

-5,933

385,137

404,977

400,265

405,273

20,837

19,916

19,224

10,616

22,767

22,386

27,002

24,922

24,406

9,313

-30,629

-52,674

-3,196

95,239

132,052

144,506

78,514

0

0

0

Supplemental disclosure of cash flow data
Cash paid for interest

274

189

0

0

0

-

-

-

-

116

259

420

658

711

764

812

795

1,893

2,008

2,151

2,235

1,267

2,206

2,356

2,379

2,437

0

0

0

Cash paid for income taxes, net of refunds

1,027

996

820

545

453

433

359

267

177

216

227

249

189

229

219

208

176

100

85

89

125

96

97

82

44

46

0

0

0

Cash held for future indemnity claims

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash investing and financing activities
Cash held for future indemnity claims and other potential future payments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in liability for unvested exercised options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

32

38

38

38

37

47

56

66

78

114

0

0

0

Equipment and capitalized internal-use software purchased and unpaid at period end

8,807

5,215

7,353

5,787

7,236

4,785

2,788

1,599

2,050

1,699

739

2,115

2,413

2,152

1,719

-537

-1,021

719

1,535

1,915

1,382

1,013

1,300

1,200

1,941

775

0

0

0

Equipment acquired under financing obligations

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability for potential future payments

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liability for deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,335

313

0

0

0

Change in unrealized gain on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Glip, Inc.
Issuance of common stock for business combination

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-