Silicon motion technology corp (SIMO)
CashFlow / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Shannon Systems
Bigtera
Other Noncurrent Liabilities
Other Current Liabilities
CASH FLOWS FROM OPERATING ACTIVITIES
Net income

74,955

110,940

60,251

44,467

27,376

47,218

41,469

-5,238

Adjustments to reconcile net income to net cash provided by operating activities:
Unrealized holding loss on short-term investment

-

-

-

-

-

-118

0

-

Depreciation and amortization

10,599

9,482

7,936

6,917

6,429

5,881

5,580

4,775

Amortization of intangible assets

2,534

2,103

1,051

0

0

-

694

2,081

Gain from disposal of short-term investments

103

2

3

4

122

-

-

-

Impairment of long-term investments

120

13

-

-

-

-

-

-

Gain from disposal of short-term investments

-

-

-

-

-

2

10

2

Impairment of long-term investments

-

-

-

-

-

-

-

230

Stock-based compensation

15,494

17,364

10,418

10,347

10,262

11,802

8,878

6,058

Loss on disposal of property and equipment

-4

-33

-10

-18

-5

-26

1

-17

Impairment of goodwill

10,337

0

0

-

-

-

-

-

Gain from disposal of noncurrent assets held for sale

1,880

-

-

-

-

-

-

-

Deferred income taxes

581

-3,373

911

471

1,181

-

2,510

-805

Deferred income taxes

-

-

-

-

-

1,582

-

-

Deferred rent

-

-

-

-

-

-

-2

2

Changes in operating assets and liabilities:
Short-term investments

3,208

2,710

-

-

-

-

-

-

Short-term investments

-

-

-

-

-14,265

12,018

1,658

633

Notes and accounts receivable

5,156

14,620

29,179

-2,359

-5,572

-2,002

10,952

11,892

Inventories

22,299

24,777

410

10,410

1,523

1,828

6,334

9,672

Prepaid expenses and other current assets

-1,585

1,313

664

678

403

-248

1,052

-1,642

Other assets

138

5

-136

-67

143

-590

547

475

Notes and accounts payable

24,248

9,198

7,651

-415

-11,981

5,644

9,667

1,182

Accrued expenses and other current liabilities

458

12,180

11,020

5,543

-7,415

6,390

3,948

1,358

Income tax payable

-8,779

6,876

-4,301

9,507

-

-

-

-

Income tax payable

-

-

-

-

3,520

1,362

2,015

83

Other liabilities

4,529

4,179

1,119

536

2,105

221

56

-698

Net cash provided by operating activities

103,881

125,568

65,946

68,725

49,128

69,236

54,261

-

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of held-to-maturity financial assets

-

-

4,000

-

-

-

-

-

Proceeds from sale of held-to-maturity financial assets

-

4,000

-

-

-

-

-

-

Business acquisition-net of cash, cash equivalents, and restricted cash acquired

2,865

-

30,286

-

-

-

700

-

Increase of prepaid expenses and other current assets

-

-

508

-

-

-

-

-

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-11,987

Return of capital from long-term investments

-

-

-

-

46

-

0

96

Purchase of property and equipment

11,683

12,220

23,664

11,596

12,772

4,280

4,916

4,339

Changes in restricted assets

-

-

-

-

89

-

-

-

Changes in restricted assets

-

-

-

-

-

469

8,331

5,651

Net cash used in investing activities

-14,548

-8,220

-58,458

-11,596

-12,815

-4,749

-13,947

-

CASH FLOWS FROM FINANCING ACTIVITIES
Net cash used in investing activities

-

-

-

-

-

-

-

-9,894

Proceeds from issuance of ordinary shares upon exercise of employee stock options

380

93

494

514

422

224

2,294

-

Proceeds from bank loan

25,000

25,000

-

-

-

-

-

-

Repayments of bank loan

25,000

-

-

-

-

-

-

-

Share repurchase

-

-

-

-

10,018

-

0

-

Dividends paid

32,120

22,899

20,765

20,224

19,897

-

0

-

Net cash provided by (used in) financing activities

-31,740

2,194

-20,271

-19,710

-29,493

224

2,294

-

NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH

57,593

119,542

-12,783

-

-

-

-

-

EFFECT OF EXCHANGE RATE CHANGES

2,753

-521

-953

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH

-

-

-

37,419

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

6,820

64,711

42,608

-21,881

EFFECT OF EXCHANGE RATE CHANGES

-

-

-

-1,111

166

1,260

-7,734

14,764

SUPPLEMENTAL INFORMATION
Exercise of stock option in lieu of offsetting accrued bonuses

-

-

-

-

-

-

-

148

Interest paid

367

105

6

71

86

-

0

1

Income taxes paid

30,910

24,300

20,494

5,892

2,947

3,256

988

412

Cash paid for business acquisition, net of cash, cash equivalents, and restricted cash acquired

2,865

-

30,286

-

-

-

700

-