Sigma designs inc (SIGM)
CashFlow / TTM
Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11
Cash flows from operating activities:
Net loss

-120,041

-55,336

-36,031

-25,076

-18,315

-15,790

-9,576

-7,558

158

2,739

-4,253

-12,169

-21,701

-16,838

-19,259

-16,430

-11,049

-47,499

-83,972

-92,599

-101,768

-85,409

-167,533

-176,077

-168,045

0

0

0

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

13,699

14,793

17,507

18,838

20,739

23,081

23,055

22,856

21,972

21,246

21,498

21,590

21,708

21,543

20,588

19,998

20,154

21,552

23,449

24,321

23,870

22,325

24,230

26,632

28,952

0

0

0

Stock-based compensation

5,419

5,376

5,626

6,142

6,505

6,815

7,213

6,717

6,559

6,581

6,395

6,525

6,279

6,005

5,968

6,269

6,814

7,904

8,738

9,802

10,595

10,971

11,274

11,660

12,025

0

0

0

Provision for excess and obsolete inventory

4,919

2,225

2,218

2,352

2,004

2,126

2,221

2,187

3,157

4,122

4,618

4,974

4,267

2,542

1,451

561

758

4,053

5,928

7,311

7,053

4,485

2,686

9,091

8,955

0

0

0

Provision for sales returns, discounts and doubtful accounts

392

-31

-331

41

-372

-350

-107

-89

500

1,561

1,809

1,494

1,202

124

-69

-170

6

-82

-158

-236

-158

272

160

247

54

0

0

0

Deferred income taxes

404

-499

-405

-278

-258

-2,208

-2,221

-2,327

-2,355

-3,249

-267

-212

-342

2,485

-1,187

-2,517

-4,129

0

0

0

-

-

-

-

-

-

-

-

Impairment of IP

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) gain on disposal of software, equipment and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

437

-238

-337

-254

-173

0

0

0

Gain on sale of development project

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,079

0

0

0

-

-

-

-

-

-

-

-

Accretion of contributed leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

206

258

277

269

260

0

0

0

Impairment of IP and mask sets

-

-

-

-

-

0

0

1,750

-

2,472

2,533

2,734

2,811

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Tax effect related to share awards

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax expense from stock- based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Tax effect related to share awards

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of privately-held investment

-

-

-

-

-

-

0

164

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-cash activities

381

610

938

706

1,019

809

765

309

277

0

0

0

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Accounts receivable

-18,348

-30,022

-21,294

-11,195

5,126

18,298

7,355

6,553

4,447

6,566

15,466

9,281

-30

-13,166

-14,310

-2,653

6,006

1,303

-4,177

-10,961

-13,100

-1,298

-2,621

-1,634

-10,114

0

0

0

Inventory

836

-4,280

-3,088

-3,091

-6,558

-5,644

-7,020

2,049

9,420

11,967

15,007

9,947

4,310

3,475

1,728

1,008

-3,767

-6,526

-6,452

-5,917

-3,699

-1,863

-15,119

-9,443

-6,964

0

0

0

Prepaid expenses, other current and non-current assets

149

-2,299

-2,220

-5,465

-4,365

686

1,272

5,973

4,851

2,788

2,155

2,441

1,288

-2,374

-2,667

-2,710

-3,932

-11,826

-6,789

-3,441

-1,268

7,238

2,757

-171

443

0

0

0

Other non-current assets

-

-

-

-

-

-

-

-

4,868

2,956

-3,072

-3,125

-3,124

0

0

0

-

-

-

-

3,954

2,651

2,452

-323

-156

0

0

0

Accounts payable

2,541

-4,325

-6,828

-6,592

-12,046

-10,917

-9,525

-3,852

392

3,852

9,633

10,262

3,672

7,468

-6,921

-808

6,698

-3,452

9,169

9,195

4,473

8,546

5,921

-8,230

-7,968

0

0

0

Other long-term liabilities, accrued liabilities, compensation and related benefits

-

-

-

0

-

-

-

-1,606

-5,294

-3,042

2,847

5,281

6,750

-3,643

-9,480

-3,833

-7,739

-16,398

-9,668

-2,245

1,391

7,003

1,932

-7,548

-4,114

0

0

0

Income taxes payable

3,932

2,105

1,486

3,914

4,190

6,359

6,536

5,128

757

-3,286

-1,391

-2,558

-2,134

0

0

0

-

-

-

-

-1,978

0

0

0

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-7

-2,579

-3,236

-3,389

-5,917

4,415

4,452

5,614

6,530

0

0

0

-

-

-

-

577

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

0

-

-

-

-

-

-

0

0

-

-17,028

-37,087

-33,355

-21,434

-1,293

297

-2,083

-14,645

-12,808

-12,984

-12,518

-12,146

0

0

0

Cash flows from investing activities:
Restricted cash

32

9

-495

-505

-597

-84

418

423

500

-1,100

-1,140

-1,140

-1,375

-277

-237

-237

0

0

0

0

-

-

-

-

153

0

0

0

Purchases of marketable securities

-

-

-

-

-

-

-

-

22,622

0

0

0

-

-

-

-

17,771

23,822

14,635

13,496

21,354

42,865

57,851

78,361

88,072

0

0

0

Sales and maturities of marketable securities

-

-

-

0

-

-

-

24,650

24,705

7,420

4,684

9,111

15,603

25,923

29,319

29,098

25,930

34,944

29,173

42,771

94,043

103,279

117,231

125,606

88,515

0

0

0

Purchases of software, equipment and leasehold improvements

12,286

12,419

14,512

14,016

10,708

9,158

6,073

5,999

6,862

9,112

9,184

9,577

8,722

15,616

15,006

15,213

16,989

9,584

9,314

6,470

5,804

321

1,373

3,560

6,865

0

0

0

Purchases of IP

7,022

7,451

9,022

7,489

8,283

10,113

7,220

7,455

7,193

3,919

4,463

3,869

3,612

3,265

2,322

3,437

4,868

9,104

14,097

13,836

11,825

0

0

0

-

-

-

-

Proceeds from sale of development project, net of transaction fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,971

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

0

-

-

-

-

-

-

0

0

-

4,431

4,898

-2,154

-9,140

-1,230

-4,877

-26,772

17,100

3,863

6,580

25,932

-23,441

0

0

0

Cash flows from financing activities:
Repayment of note receivable

-

-

-

-

-

-

-

-

-

-

-

-

230

230

430

260

450

0

0

0

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net share settlement of equity awards issued to employees

-413

-433

-458

-455

-635

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee payroll taxes paid related to net share settlement of restricted stock units

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from exercise of employee stock options and stock purchase rights

4,811

2,755

3,270

3,359

3,489

3,162

2,552

3,764

3,781

3,796

3,811

2,466

2,314

2,444

2,422

2,591

2,622

3,486

3,788

4,551

4,574

4,659

4,481

4,268

5,377

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

0

-

-

-

-

-

-

0

0

-

905

2,089

1,636

1,047

3,486

3,443

4,206

4,229

5,853

6,419

6,206

7,315

0

0

0

Effect of foreign exchange rate changes on cash and cash equivalents

49

-136

-264

-504

-424

-357

-280

-194

-343

-410

-518

-492

-378

-206

-61

-11

-233

32

207

46

251

-227

-456

-389

-177

0

0

0

Net increase in cash and cash equivalents

-25,798

4,386

-2,441

15,369

2,635

-2,331

3,114

-13,006

-19,712

-14,132

-4,609

5,903

19,176

30,970

12,707

8,984

13,108

995

-930

-24,603

6,935

-3,319

-441

19,231

-28,449

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for income taxes

4,660

4,104

4,042

2,482

2,516

998

1,432

2,267

7,004

7,824

7,534

7,511

6,085

6,540

7,655

7,818

6,093

5,645

4,606

4,174

2,673

2,470

2,098

1,601

1,330

0

0

0