Radisys corp (RSYS)
CashFlow / TTM
Sep'18Jun'18Mar'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)

-32,583

-46,121

-49,041

-52,604

-37,030

-24,257

-17,294

-10,251

-7,634

-7,062

-10,590

-14,678

-17,705

-20,108

-24,200

-27,581

-49,129

-57,380

-53,281

-49,404

-28,244

-50,635

-45,216

-43,474

-45,270

-4,698

-5,815

-1,529

0

0

0

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

11,282

13,897

15,677

17,219

16,877

17,508

17,269

17,256

17,197

17,597

18,045

18,478

18,939

19,378

19,773

20,240

20,519

20,978

21,469

21,748

22,217

22,077

22,076

22,079

22,113

22,982

19,870

16,864

0

0

0

Amortization of debt discount and issuance costs

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory valuation allowance and adverse purch commitment charges

10,039

16,730

16,929

17,963

9,442

3,682

4,369

4,212

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory valuation allowance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

4,943

3,979

4,067

3,302

1,038

858

1,176

1,232

1,803

2,877

2,663

2,668

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

Stock-based compensation expense

1,333

1,207

1,382

2,192

2,746

3,609

4,263

3,797

3,848

4,033

3,981

3,952

3,709

3,315

3,635

4,097

4,896

5,757

5,320

5,298

4,758

4,097

1,568

1,391

2,073

2,996

5,238

5,717

0

0

0

Change in fair value of Warrant liability

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write off of purchased computer software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,868

2,868

2,868

3,068

0

0

0

0

-

-

-

-

Gain on the sale of purchased computer software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

0

0

0

Gain (Loss) on Disposition of Property Plant Equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-55

0

0

0

0

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Other

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

0

0

0

Changes in operating assets and liabilities
Accounts receivable

-2,628

-13,181

-20,236

-5,463

-22,782

527

11,072

-22,609

12,739

4,099

-2,949

17,121

-45

-3,210

4,099

2,262

1,156

-3,883

-13,690

-11,119

-10,189

-3,765

2,650

2,082

-7,332

-13,863

-14,244

-7,146

0

0

0

Other receivables

-2,754

-2,650

-871

-808

597

-20

403

-7,110

251

540

669

5,040

-2,497

-5,914

-1,901

3,689

4,010

7,235

2,474

303

379

-305

-506

-1,005

-2,358

-733

952

1,202

0

0

0

Increase (Decrease) in Inventory and Deferred Cost of Sales

2,569

6,029

9,055

-620

138

-4,590

-12,993

-4,890

7,786

12,074

15,992

13,801

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-1,138

-4,681

-4,859

-4,864

-8,237

4,948

5,081

9,221

0

0

0

Inventory deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-352

2,800

718

1,110

2,249

0

0

0

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-1,398

-1,120

-838

-744

314

248

-561

-451

0

0

0

Accounts payable

-12,580

-15,837

118

-2,237

-11,566

-946

-17,688

-22,805

4,498

-1,262

5,881

9,853

-4,053

-8,803

-7,004

-1,534

-4,544

-1,372

-4,495

-6,013

-5,037

-2,222

983

3,718

-11,627

-4,905

-6,782

2,629

0

0

0

Accrued restructuring

-3,371

-3,573

-1,465

-1,338

623

1,030

-787

772

-465

-1,150

-2,008

-89

-364

-620

742

-2,006

-1,328

585

1,146

1,551

186

-643

-1,950

-3,014

-1,777

53

1,752

2,148

0

0

0

Accrued wages and other

2,484

-8

-1,251

-2,664

-1,591

-2,274

50

-789

-147

1,389

-330

2,043

8

345

-163

-538

-654

-1,428

-1,144

-1,640

-2,108

-1,644

-1,758

-3,608

-1,963

-1,706

-938

1,317

0

0

0

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,128

-2,733

-1,307

-1,754

-1,590

4,269

0

0

0

Increase (Decrease) in Deferred Revenue

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other Accrued Liabilities

5,073

5,785

4,800

3,191

103

-1,981

-323

-1,334

394

1,226

-606

1,611

-635

-1,260

513

-2,049

0

0

0

-

-

-

-5,587

-7,352

-8,238

-5,490

-3,115

-3,177

0

0

0

Net cash provided by operating activities

-9,402

-16,674

-1,605

-11,888

586

5,004

-6,384

9,809

595

-934

3,111

5,057

7,277

5,139

35

-6,797

-12,968

-12,513

-6,212

-2,091

6,887

7,457

7,390

5,611

3,522

8,569

8,060

14,808

0

0

0

Cash flows from investing activities:
Capital expenditures

884

2,141

3,364

4,898

6,055

6,959

6,312

4,931

3,991

2,308

2,006

2,224

1,988

1,965

2,158

2,196

3,565

3,946

5,026

6,047

6,340

8,639

9,217

11,092

12,977

11,860

10,784

8,171

0

0

0

Payments for (Proceeds from) Other Investing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Purchase of long-term assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Net cash used in investing activities

-884

-2,141

-3,364

-4,898

-6,055

-6,959

-6,312

-4,931

-3,991

-2,308

-2,006

-2,224

-1,988

-1,965

-2,158

-2,196

-2,120

-2,476

-3,654

-3,495

-4,933

-7,625

-8,105

-11,160

-13,345

-91,158

-90,082

-87,969

0

0

0

Cash flows from financing activities:
Proceeds from (Repayments of) Lines of Credit

100,968

79,668

94,168

93,000

107,500

127,500

117,000

98,000

79,500

53,500

24,500

13,500

8,500

8,500

7,000

0

0

0

0

15,000

15,000

15,000

15,000

0

0

0

0

-

-

-

-

Repayments of Lines of Credit

103,979

112,492

125,621

102,000

117,500

107,500

92,000

88,000

64,500

38,500

19,500

8,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Notes Payable

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of debt issuance costs

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,920

0

0

0

Net resettlement of restricted shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,186

21,261

21,408

21,467

806

798

880

1,060

1,272

1,422

1,542

1,534

1,646

0

0

0

Repayments of Long-term Debt

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Net settlement of restricted shares

29

227

19

204

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Other financing activities

-298

115

34

68

-318

-672

-278

-279

288

409

99

0

548

118

-10

-253

-689

-809

-1,138

-921

-856

-584

-217

-213

-655

-818

-813

-923

0

0

0

Net cash provided by (used in) financing activities

11,788

-17,790

-15,783

-8,620

-9,510

17,081

22,285

7,474

12,320

15,598

5,286

-12,811

-18,078

-18,345

-23,333

15,304

15,572

15,599

20,329

-2,034

-1,977

-11,704

-11,157

-9,022

-14,189

-6,813

-6,816

-8,072

0

0

0

Effect of exchange rate changes on cash

-90

-44

129

443

182

196

53

-29

179

21

146

-500

-773

-886

-962

-551

-105

70

53

-80

-246

-54

-221

-17

-62

-378

-116

-75

0

0

0

Net increase (decrease) in cash and cash equivalents

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

12,323

9,103

12,377

6,537

-10,478

-13,562

-16,057

-26,418

5,760

379

680

10,516

-7,700

-269

-11,926

-12,093

-14,588

-24,074

-89,780

-88,954

-81,308

0

0

0

Supplemental disclosure of cash flow information:
Interest

613

744

834

906

804

662

607

483

514

495

439

835

1,021

1,224

1,321

1,207

897

996

790

1,090

1,079

1,433

1,433

1,347

1,427

1,355

1,355

1,424

0

0

0

Income taxes

966

1,351

1,584

1,262

1,413

1,439

1,407

1,349

1,269

1,232

1,424

1,289

1,552

1,711

1,408

1,532

1,606

1,089

1,425

1,415

858

1,225

1,228

1,202

1,285

1,075

724

806

0

0

0

Capital lease obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0