SEACHANGE INTERNATIONAL INC SEAC Cash Flow

Seachange international inc (SEAC)

CashFlow / Quarterly

Jan'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	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11
Cash flows from operating activities:
Net loss
-43	2,145	-174	-10,849	-19,624	-3,827	-9,080	-5,471	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-1,529	-5,371	-27,376	-8,082	-26,884	-8,907	-22,280	-10,565	-5,027	-9,825	-6,140	-6,309	-5,568	-9,467	-1,407	577	-215	-1,985	6,536	-126	-5,998	-19,577	-4,825	408	787	-384
Net income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18
Net (income) loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-221	-558	35	613	211	2,100	-19,290	-	-	-	-
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense
394	529	543	550	673	699	765	787	2,938	560	578	620	664	722	773	794	826	851	833	870	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Provision for inventory obsolescence
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	144
Depreciation and amortization of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	891	923	995	-	1,042	1,123	1,180	1,330	1,034	954	1,353	-	-	-	-
Depreciation and amortization of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,346
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	625	616	598	783	855	898	766	1,220	1,222	1,216	1,122	1,034	1,252	1,089	1,779	1,171	1,162	1,148	1,149	1,956	1,489	1,447	1,503	1,522	1,717	1,641	1,391
Fair value of acquisition-related contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	492	481	502	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory valuation charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	101	-	-	-	-
Provision for bad debts
148	92	290	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Provision for doubtful accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40
Discounts earned and amortization of premiums on marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	-	18	12	11
Equity income in earnings of affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	-	129	0	86
Loss (gain) on sale of investment in affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	814	-	-	-	-
Stock-based compensation expense
597	357	631	-434	368	769	923	879	469	697	653	877	805	765	939	112	548	1,137	1,156	711	641	1,182	801	596	534	655	657	1,113	1,465	1,432	2,004	1,028	-146	1,018	806	1,310
Deferred income taxes
0	0	-571	368	-	-	-	-	-14,234	23	-309	388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	224	-	-	-	-
Unrealized foreign currency transaction gain
-	-59	-133	-1,207	-	-923	-856	-575	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-30	-25	-42	-26	49	-83	7	-322	-68	73	-81	-508	82	-155	-40	-47	-3	31	-89	-90	-8	-323	-11	-371	5	-331	-101	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Change in contingent consideration related to acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-60	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-361	3,481	283
Accounts receivable
-1,678	3,026	1,388	-9,870	8,587	1,015	334	-10,449	-	5,759	6,511	-10,869	1,945	12,036	-8,660	-5,363	2,616	-2,042	8,969	-7,822	3,073	-3,072	1,287	-4,855	914	-4,670	3,279	-4,943	-4,550	4,713	8,140	-9,979	6,141	8,362	-9,413	-4,681
Unbilled receivables
6,625	4,617	6,107	491	-2,489	2,622	-1,236	3,571	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled receivables
-	-	-	-	-	-	-	-	-	-731	-3,188	630	-1,781	-3,478	-99	664	-1,384	1,893	986	2,864	1,017	1,275	-259	-40	1,034	2,062	-695	2,850	-674	-1,065	1,957	-4,855	1,478	-589	488	-122
Inventory
-204	6	-560	-166	217	-122	85	80	-199	222	97	-154	-468	-319	-110	91	-270	475	584	148	-1,330	-618	-991	-244	-625	-136	412	583	-102	-967	-2,747	1,253	75	-220	229	768
Prepaid expenses and other current assets and other assets
-1,140	-273	-551	355	-1,230	523	1,808	-224	650	-54	395	-403	-950	625	-200	-853	939	-440	-493	1,091	-2,035	-516	-812	1,793	-312	1,512	-3,843	-4,081	2,561	-1,832	4,791	-475	2,258	-281	1,687	846
Accounts payable
-70	-2,429	2,941	-1,591	-182	2,030	947	-576	700	-605	-877	-1,717	428	-495	129	-1,736	156	-1,157	1,756	119	-384	-165	-1,841	771	769	-1,369	558	-831	1,866	-669	-1,040	-393	4,197	-891	-4,314	-1,588
Accrued expenses and other liabilities
-705	2,998	-2,025	-438	2,066	1,487	-4,501	-6,139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	2,563	4,135	672	-3,865	-39	474	-3,182	-2,125	1,344	-929	-1,009	-2,118	3,532	1,396	453	-3,731	-1,632	3,292	-3,154	-1,652	835	-328	6,045	-5,122	2,677	964	30	-59
Deferred revenue
-1,588	-1,387	-762	-828	3,681	-1,331	-2,951	-2,778	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-323	-1,231	-179	1,104	-1,065	305	-1,270
Deferred revenues
-	-	-	-	-	-	-	-	-	1,225	2,440	-3,310	1,447	1,555	-5,499	80	1,339	-841	-462	-1,467	-1,099	-3,816	-1,061	277	-913	-2,824	209	-1,349	106	2,435	-1,517	-7,307	3,913	-1,704	-6,138	90
Other
-	-	-	-	2,597	6	-74	-2,356	-59	-97	-244	14	143	-51	-93	-29	507	-207	367	465	-800	-548	200	-141	112	-715	-150	214	-368	-16	-904	720	-273	298	130	-674
Net cash provided by operating activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-59	-221	-558	35	670	158	1,037	-478	-468	-2,002	2,419	1,723
Net cash used in operating activities
-1,774	-4,982	-5,353	-2,685	-252	-3,287	-14,633	-3,352	13,855	1,409	-1,400	-917	-1,458	-12,783	-8,611	-5,486	-	-	-	-	-	-	-	-	1,970	637	1,654	3,103	20,033	3,529	-9,232	3,027	-	-	-	-
Cash flows from investing activities:
Total cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,243	-11,456	-6,743	-1,669	-1,968	-4,425	-5,282	2,029	858	2,212	3,068	19,363	3,371	-10,269	3,505	7,906	-9,663	7,748	6,716
Purchases of property and equipment
29	99	103	50	36	44	171	113	140	112	78	196	162	118	244	159	257	345	513	282	403	784	315	371	481	385	942	507	1,549	1,443	347	633	581	151	440	340
Cash paid for acquisitions, net
0	0	0	3,838	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	11,686	-	-	-	-	-9	812	0	3,206	309	3,336	3,054	1,476	1,282	396	257	3,000
Investment in capitalized software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	410	577	704	749	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable securities
-62	29	-5,408	6,231	0	4,156	524	3,830	-	-	-	-	-	-	-	502	6,028	1,003	-31	2,033	2,033	1,569	4,048	1,543	4,568	2,818	2,031	2,062	3,532	1,584	3,575	6,951	-	-	-	-
Proceeds from sales and maturities of marketable securities
3,233	1,750	-5,353	6,946	3	3,888	752	2,009	-	-	-	-	-	-	-	-	6,540	500	-31	4,034	1,548	2,058	3,037	538	3,539	3,557	2,025	3,116	3,009	2,096	1,008	8,101	-	-	-	-
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,554
Proceeds from sale and maturity of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,552
Investment in affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,000	-	-	-	-	-	-	-	-	-	-	-	-
Additional proceeds from sale of equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-814	-	-	-	-
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	4	0	0	-136
Other investing activities
-	-	-	-	-	-	-	-	-60	111	-168	-119	-29	-111	-23	106	-	-	-	-	-	-	-	-	-	-	-2	-19	-	-	-	-	-	-	-	-
Proceeds from sale of plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Total cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-133	1,738	-4,710	-767	-141	-972	-1,217	-10,716	-3,394	-299	-1,087	-3,376	-564	-458	182	-2,640	-935	-5,190	-5,468	-645	3,129	-5,940	-1,423	-2,502
Net cash provided by investing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,000	2,000	1,672	-251	24,061	-250	-373	-798	-424	-296
Net cash provided by (used in) investing activities
5,361	1,622	-48	-3,173	142	-252	-3	-1,934	5,474	576	38	-77	-	-	-	-	-	-	-	-	-	-	-	-	-564	-458	2,182	-640	737	-5,441	18,593	-895	-	-	-	-
Cash flows from financing activities:
Proceeds from issuance of common stock
548	57	0	9	1	8	37	37	1	27	0	26	-4	31	0	33	-	-	-	-	-	-	-	-	21	538	415	84	1,051	610	250	280	-2	20	388	1,381
Repurchases of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,000	3,504	-	-	-	-	122	5,574	0	504	-	-	-	-
Other financing activities
-	-	-	-	1	-9	-26	-9	-	-	-	-	-	0	-1	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of withholding tax on RSU vesting
-	-	-	-	-	-	-	-	89	16	27	9	74	18	15	76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	491	-922	-	-383	242	411	510	398	691	-315	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
548	57	-142	9	2	-1	11	28	-88	11	-27	17	-	-	-	-	-	-	-	-	-	-	-	-	-	538	415	84	-	-5,836	1,122	-224	-	-	-	1,381
Total cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-74	13	-16	-46	-	-	-	-	0	0	-2,000	-3,504	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate on cash and cash equivalents
-725	-12	48	229	-1,672	697	709	453	-2,743	-136	-158	-584	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash, cash equivalents and restricted cash
3,410	-3,315	-5,495	-5,620	-1,780	-2,843	-13,916	-4,805	16,498	1,860	-1,547	-1,561	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15	-35	-79	-36	236	-574	168	-265	-51	-204	421
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,846	-7,221	-	-2,530	-12,411	-17,048	-4,553	-1,983	-6,702	-12,477	1,627	702	4,216	2,468	21,663	-7,512	9,909	2,076	9,927	-15,012	6,509	6,016
Supplemental disclosure of cash flow information
Income taxes paid
9	378	59	17	57	173	2,553	182	101	84	47	136	58	37	40	43	145	131	181	183	23	108	292	248	1,673	461	455	17	5	40	1,254	13	257	-2,418	2,654	72
Non-cash activities:
Purchases of property and equipment included in accounts payable
-	-	39	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of common stock issued in acquisition
0	0	0	874	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of items originally classified as inventories to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	190	49	213	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of items originally classified as inventories to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	187	123	-	449	371	46	-	-	-	-	-	-	-	-
Transfer of items originally classified as inventories to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164	230	-	-	-	-
Transfer of items originally classified as inventories to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	161