SEACHANGE INTERNATIONAL INC SEAC Cash Flow

Seachange international inc (SEAC)

CashFlow / TTM

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
-8,921	-28,502	-34,474	-43,380	-38,002	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-42,358	-67,713	-71,249	-66,153	-68,636	-46,779	-47,697	-31,557	-27,301	-27,842	-27,484	-22,751	-15,865	-10,512	-3,030	4,913	4,210	-1,573	-19,165	-30,526	-29,992	-23,207	-4,014	0	0	0
Net income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net (income) loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-131	301	2,959	-16,366	0	0	0	-	-	-	-
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense
2,016	2,295	2,465	2,687	2,924	5,189	5,050	4,863	4,696	2,422	2,584	2,779	2,953	3,115	3,244	3,304	3,380	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Provision for inventory obsolescence
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Depreciation and amortization of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	4,675	4,667	4,498	4,671	0	0	0	-	-	-	-
Depreciation and amortization of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	2,622	2,852	3,134	3,302	3,739	4,106	4,424	4,780	4,594	4,624	4,497	5,154	5,291	5,201	5,260	4,630	5,415	5,742	6,041	6,395	5,961	6,189	6,383	6,271	0	0	0
Fair value of acquisition-related contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory valuation charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Provision for bad debts
628	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Provision for doubtful accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Discounts earned and amortization of premiums on marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Equity income in earnings of affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Loss (gain) on sale of investment in affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Stock-based compensation expense
1,151	922	1,334	1,626	2,939	3,040	2,968	2,698	2,696	3,032	3,100	3,386	2,621	2,364	2,736	2,953	3,552	3,645	3,690	3,335	3,220	3,113	2,586	2,442	2,959	3,890	4,667	6,014	5,929	4,318	3,904	2,706	2,988	0	0	0
Deferred income taxes
-203	0	0	0	-	-	-	-	-14,132	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Unrealized foreign currency transaction gain
-	0	0	-4,091	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-123	-44	-102	-53	-349	-466	-310	-398	-584	-434	-662	-621	-160	-245	-59	-108	-151	-156	-510	-432	-713	-700	-708	-798	0	0	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Change in contingent consideration related to acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accounts receivable
-7,134	3,131	1,120	66	-513	0	0	0	-	3,346	9,623	-5,548	-42	629	-13,449	4,180	1,721	2,178	1,148	-6,534	-3,567	-5,726	-7,324	-5,332	-5,420	-10,884	-1,501	3,360	-1,676	9,015	12,664	-4,889	409	0	0	0
Unbilled receivables
17,840	8,726	6,731	-612	2,468	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled receivables
-	-	-	-	-	-	-	-	-	-5,070	-7,817	-4,728	-4,694	-4,297	1,074	2,159	4,359	6,760	6,142	4,897	1,993	2,010	2,797	2,361	5,251	3,543	416	3,068	-4,637	-2,485	-2,009	-3,478	1,255	0	0	0
Inventory
-924	-503	-631	14	260	-156	188	200	-34	-303	-844	-1,051	-806	-608	186	880	937	-123	-1,216	-2,791	-3,183	-2,478	-1,996	-593	234	757	-74	-3,233	-2,563	-2,386	-1,639	1,337	852	0	0	0
Prepaid expenses and other current assets and other assets
-1,609	-1,699	-903	1,456	877	2,757	2,180	767	588	-1,012	-333	-928	-1,378	511	-554	-847	1,097	-1,877	-1,953	-2,272	-1,570	153	2,181	-850	-6,724	-3,851	-7,195	1,439	5,045	4,742	6,293	3,189	4,510	0	0	0
Accounts payable
-1,149	-1,261	3,198	1,204	2,219	3,101	466	-1,358	-2,499	-2,771	-2,661	-1,655	-1,674	-1,946	-2,608	-981	874	334	1,326	-2,271	-1,619	-466	-1,670	729	-873	224	924	-674	-236	2,095	1,873	-1,401	-2,596	0	0	0
Accrued expenses and other liabilities
-170	2,601	1,090	-1,386	-7,087	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	3,505	903	-2,758	-6,612	-4,872	-3,489	-4,892	-2,719	-2,712	-524	1,801	3,263	1,650	-3,514	-1,618	-5,225	-3,146	-679	-4,299	4,900	1,430	3,272	4,564	-1,451	3,612	0	0	0
Deferred revenue
-4,565	704	760	-1,429	-3,379	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-629	-1,371	165	-926	0	0	0
Deferred revenues
-	-	-	-	-	-	-	-	-	1,802	2,132	-5,807	-2,417	-2,525	-4,921	116	-1,431	-3,869	-6,844	-7,443	-5,699	-5,513	-4,521	-3,251	-4,877	-3,858	1,401	-325	-6,283	-2,476	-6,615	-11,236	-3,839	0	0	0
Other
-	-	-	-	173	-2,483	-2,586	-2,756	-386	-184	-138	13	-30	334	178	638	1,132	-175	-516	-683	-1,289	-377	-544	-894	-539	-1,019	-320	-1,074	-568	-473	-159	875	-519	0	0	0
Net cash provided by operating activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-803	-74	305	1,900	1,387	249	-1,911	-529	1,672	0	0	0
Net cash used in operating activities
-14,794	-13,272	-11,577	-20,857	-21,524	-7,417	-2,721	10,512	12,947	-2,366	-16,558	-23,769	-28,338	0	0	0	-	-	-	-	-	-	-	-	7,364	25,427	28,319	17,433	17,357	0	0	0	-	-	-	-
Cash flows from investing activities:
Total cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21,111	-21,836	-14,805	-13,344	-9,646	-6,820	-183	8,167	25,501	28,014	15,533	15,970	4,513	-8,521	9,496	12,707	0	0	0
Purchases of property and equipment
281	288	233	301	364	468	536	443	526	548	554	720	683	778	1,005	1,274	1,397	1,543	1,982	1,784	1,873	1,951	1,552	2,179	2,315	3,383	4,441	3,846	3,972	3,004	1,712	1,805	1,512	0	0	0
Cash paid for acquisitions, net
3,838	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	11,686	0	0	0	-	-	-	-	4,009	4,327	6,851	9,905	8,175	9,148	6,208	3,411	4,935	0	0	0
Investment in capitalized software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,440	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable securities
790	852	4,979	10,911	8,510	0	0	0	-	-	-	-	-	-	-	7,502	9,033	5,038	5,604	9,683	9,193	11,728	12,977	10,960	11,479	10,443	9,209	10,753	15,642	0	0	0	-	-	-	-
Proceeds from sales and maturities of marketable securities
6,576	3,346	5,484	11,589	6,652	0	0	0	-	-	-	-	-	-	-	-	11,043	6,051	7,609	10,677	7,181	9,172	10,671	9,659	12,237	11,707	10,246	9,229	14,214	0	0	0	-	-	-	-
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from sale and maturity of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Investment in affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Additional proceeds from sale of equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	504	-132	0	0	0
Other investing activities
-	-	-	-	-	-	-	-	-236	-205	-427	-282	-57	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Total cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-3,872	-3,880	-6,590	-3,097	-13,046	-16,299	-15,626	-15,496	-8,156	-5,326	-5,485	-4,216	-3,480	-3,851	-8,583	-14,233	-12,238	-8,174	-8,924	-4,879	-6,736	0	0	0
Net cash provided by investing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	5,672	5,421	27,482	25,232	23,187	22,640	-1,845	-1,891	0	0	0
Net cash provided by (used in) investing activities
3,762	-1,457	-3,331	-3,286	-2,047	3,285	4,113	4,154	6,011	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	520	1,821	-3,162	13,249	12,994	0	0	0	-	-	-	-
Cash flows from financing activities:
Proceeds from issuance of common stock
614	67	18	55	83	83	102	65	54	49	53	53	60	0	0	0	-	-	-	-	-	-	-	-	1,058	2,088	2,160	1,995	2,191	1,138	548	686	1,787	0	0	0
Repurchases of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,504	0	0	0	-	-	-	-	6,200	0	0	0	-	-	-	-
Other financing activities
-	-	-	-	-43	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of withholding tax on RSU vesting
-	-	-	-	-	-	-	-	141	126	128	116	183	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,021	-	780	1,561	2,010	1,284	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
472	-74	-132	21	40	-50	-38	-76	-87	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	0
Total cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-123	0	0	0	-	-	-	-	-5,504	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate on cash and cash equivalents
-460	-1,407	-698	-37	187	-884	-1,717	-2,584	-3,621	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash, cash equivalents and restricted cash
-11,020	-16,210	-15,738	-24,159	-23,344	-5,066	-363	12,006	15,250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-165	86	-453	-206	-435	-722	-352	-99	0	0	0
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-21,459	-	-36,542	-35,995	-30,286	-25,715	-19,535	-16,850	-5,932	9,013	29,049	20,835	26,528	26,136	14,400	6,900	3,500	7,440	0	0	0
Supplemental disclosure of cash flow information
Income taxes paid
463	511	306	2,800	2,965	3,009	2,920	414	368	325	278	271	178	265	359	500	640	518	495	606	671	2,321	2,674	2,837	2,606	938	517	1,316	1,312	1,564	-894	506	565	0	0	0
Non-cash activities:
Purchases of property and equipment included in accounts payable
-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of common stock issued in acquisition
874	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of items originally classified as inventories to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	532	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of items originally classified as inventories to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Transfer of items originally classified as inventories to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Transfer of items originally classified as inventories to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0