Synchronoss technologies, inc (SNCR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities:
Net loss continuing operations

-103,467

-245,280

-194,224

-93,869

-37,782

-

-

-

-

-

-

Net loss from discontinued operations

0

0

-75,495

90,560

-

-

-

-

-

-

-

Gain (loss) on Sale of discontinued operations, net of tax

0

-18,288

122,842

-

-

0

-

-

-

-

-

Income from discontinued operations, net of taxes

-

-

-

-

40,267

-

-

-

-

-

-

Net loss continuing operations

-

-

-

-

-

38,895

23,351

-

-

-

-

Net income

-

-

-

-

-

-

-

27,083

15,126

3,874

12,297

Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax

-

-

-

113,129

0

-

-

-

-

-

-

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

77,037

97,092

93,924

94,911

71,049

-

-

-

-

-

-

Goodwill impairment

0

9,100

0

0

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

55,956

-

-

-

-

-

Depreciation and amortization expense

-

-

-

-

-

-

41,126

23,812

14,739

9,403

8,499

Impairment of long-lived assets and capitalized software

0

11,462

960

11,055

0

-

-

-

-

-

-

Change in fair value of financial instruments

163

3,849

-4,367

-

-

-

-

-

-

-

-

Change in fair value of financial instruments

-

-

-

0

-

-

-

-

-

-

-

Change in fair value of financial instruments

-

-

-

-

0

-

-

-

-

-

-

Amortization of debt issuance costs

285

1,294

12,771

1,607

1,501

618

-

-

-

-

-

(Gain) loss on extinguishment of debt

822

1,760

-29,413

0

0

-

-

-

-

-

-

Accrued PIK interest

0

7,037

12,090

34

0

-

-

-

-

-

-

Allowance for loan losses

0

84,314

14,562

0

0

-

-

-

-

-

-

Loss (earnings) from Equity method investments

-1,619

-28,600

-9,125

0

-

-

-

-

-

-

-

Earnings from equity method investments

-

-

-

-

0

-

-

-

-

-

-

(Gain) loss on Disposals of fixed assets

-15

-277

4,947

122

-16

-33

-

-230

-

-94

-18

Discontinued operations non-cash and working capital adjustments

0

0

48,647

371

0

-

-

-

-

-

-

(Gain) loss on Disposals of intangible assets

5,429

0

0

-

-

-

-

-

-

-

-

Amortization of bond premium

-34

107

244

1,416

1,705

384

294

1,216

622

-

-

Proceeds from insurance claim

-

-

-

-

-

-

-

-

-199

-418

-

Deferred income taxes

357

-12,350

19,243

17,148

-453

3,207

1,575

1,475

-642

69

-884

Non-cash interest on leased facility

0

-

1,203

1,392

-

-

-

-

-

-

-

Non-cash interest on leased facility

-

-

-

-

924

946

-

-

-

-

-

Non-cash interest on leased facility

-

-

-

-

-

-

921

921

918

913

674

Stock-based compensation

22,287

27,604

22,495

34,178

31,404

28,987

25,214

20,425

22,051

13,637

8,256

Contingent consideration obligation

0

0

-2,711

1,194

-15

3,532

-6,214

-8,211

2,188

-

-

Cumulative adjustment to STI receivable

-26,044

0

-

-

-

-

-

-

-

-

-

ROU Asset Impairment

6,268

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable, net

-10,891

21,521

-29,283

13,650

19,774

50,924

-10,167

11,611

19,409

8,740

643

Prepaid expenses and other current assets

-18,209

5,315

5,513

-31,648

9,057

14,660

-8,022

-8,129

-597

1,927

585

Other assets

-1,710

-973

-3,237

-8,880

3,751

1,930

7,376

496

349

1,695

409

Accounts payable

8,879

6,846

-9,098

-10,089

-7,763

4,169

348

-1,915

344

-

1,043

Accrued expenses

2,115

-18,068

-4,949

-7,523

-710

16,402

-7,155

1,284

7,351

-

-

Accrued payable and accrued expenses

-

-

-

-

-

-

-

-

-

5,678

-

Contingent consideration obligation

-

-

-

-

-

-

-

-

-

4,795

-

Excess tax benefit from the exercise of stock options

-

-

-

-

-

-

2,961

6,920

3,575

2,361

147

Other liabilities

-4,362

-4,675

-3,337

-6,558

2,128

5,825

-320

-497

-183

-228

-37

Deferred revenues

-28,856

2,529

-23,506

55,173

-

-

-

-

-

-

-

Deferred revenues

-

-

-

-

22,297

-4,119

-5,900

949

3,006

-1,352

1,643

Net cash used in operating activities

32,583

-31,369

-18,248

104,559

91,986

87,321

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

81,092

55,874

42,585

21,742

29,725

Investing activities:
Purchases of fixed assets

8,183

11,656

12,151

42,570

57,666

73,885

73,434

33,234

14,732

15,423

12,089

Purchases of intangible assets and capitalized software

13,008

14,372

9,119

7,677

2,553

-

-

-

-

-

-

Proceeds from the sale of intangibles

5,429

0

0

-

-

-

-

-

-

-

-

Proceeds from the sale of Speechcycle

0

0

13,500

0

-

-

-

-

-

-

-

Purchases of intangible assets

-

-

-

-

-

0

-

-

-

-

-

Proceeds from sale of fixed assets

-

-

-

-

-

-

-

-

-

55

30

Proceeds from insurance claim

-

-

-

-

-

-

-

-

199

418

-

Proceeds from the sale of Speechcycle

-

-

-

-

0

-

-

-

-

-

-

Purchases of marketable securities available for sale

51,745

36,789

219

13,445

139,569

50,275

8,366

13,146

82,098

4,723

4,103

Maturity of marketable securities available for sale

86,884

4,865

12,371

82,904

106,210

9,265

-

74,334

7,259

3,230

2,893

Proceeds from the sale of discontinued operations

0

0

928,171

27,335

-

-

-

-

-

-

-

Equity investment

0

404

608

0

0

-

-

-

-

-

-

Investing activities in discontinued operations

0

0

13,721

0

-

-

-

-

-

-

-

Investment in note receivable

0

0

6,187

0

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

0

-

-

-

-

-

Investment In Note Receivable

-

-

-

-

0

-

-

-

-

-

-

Proceeds from the sale of discontinued operations

-

-

-

-

0

0

-

-

-

-

-

Sales and maturities of marketable securities available-for-sale

-

-

-

-

-

-

14,825

-

-

-

-

Investing in discontinued operations

-

-

-

-

0

-

-

-

-

-

-

Business acquired, net of cash

0

9,734

815,008

86,322

101,502

38,085

6,677

105,177

55,752

30,779

49

Net cash (used in) provided by investing activities

19,377

-67,282

98,245

-39,775

-195,080

-152,980

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-73,652

-77,223

-145,124

-47,222

-13,318

Financing activities:
Share-based compensation-related proceeds, net of taxes paid on withholding shares

39

0

2,584

-

-

-

-

-

-

-

-

Proceeds from the exercise of stock options

-

-

-

13,633

19,936

30,003

19,196

7,949

17,707

8,090

1,499

Taxes paid on withholding shares

15

0

442

0

0

15,139

-

-

-

-

-

Payments on contingent consideration

0

0

122

0

-

-

-

-

-

-

-

Payments on contingent consideration obligation

-

-

-

-

4,468

0

1,926

2,268

8,533

-

-

Payments of debt issuance costs

-

-

-

-

-

7,065

-

-

-

-

-

Debt amendment costs related to long term debt

-

-

-

-

0

-

-

-

-

-

-

Proceeds from issuance of long-term debt

-

-

-

0

0

-

-

-

-

-

-

Repayment of long-term debt

-

-

-

0

0

-

-

-

-

-

-

Proceeds from issuance of convertible notes

0

0

900,000

-

-

230,000

-

-

-

-

-

Retirement of Convertible Senior Notes & related costs

113,006

113,696

0

0

-

-

-

-

-

-

-

Repayment of long-term debt

0

0

900,000

-

-

-

-

-

-

-

-

Borrowings on revolving line of credit

-

-

-

-

0

40,000

-

-

-

-

-

Borrowings on revolving line of credit

2,000

0

-

144,000

-

-

-

-

-

-

-

Repayment of revolving line of credit

2,000

0

29,000

115,000

0

40,000

-

-

-

-

-

Proceeds from secondary public offering, net of offering costs

-

-

-

-

-

-

-

-

-

106,637

-

Excess tax benefits from stock option exercises

0

0

17

0

0

-

2,961

6,920

3,576

2,361

147

Repurchase of common stock

-

-

-

40,025

0

0

-

24,615

19,999

-

-

Proceeds from the sale of treasury stock in connection with an employee stock purchase plan

0

0

1,047

2,183

1,902

1,677

1,474

612

-

-

-

Proceeds from issuance of preferred stock

0

86,220

0

0

-

-

-

-

-

-

-

Preferred dividend payment

7,075

7,075

0

0

-

-

-

-

-

-

-

Proceeds from mandatorily redeemable financial instruments

0

0

33,592

0

0

-

-

-

-

-

-

Payments on capital obligations

1,200

1,334

2,985

3,815

2,021

1,515

1,597

1,015

945

949

332

Net cash provided by (used in) financing activities

-121,257

-35,885

-35,664

-370

15,349

237,961

-

-

-

-

-

Effect of exchange rate changes on cash

-1,562

-1,729

-9,641

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-853

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-70,859

-136,265

34,692

63,561

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-88,095

-

-

-

-

-

-

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

3,598

22,549

7,612

4,661

-

-

-

-

-

-

-

Cash refund for income taxes

20,733

0

0

-

-

-

-

-

-

-

-

Cash paid for interest

666

3,258

55,957

6,981

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

29,868

19,342

1,773

3,396

3,600

6,225

7,271

Cash paid for interest

-

-

-

-

5,791

2,290

168

77

-

2

5

Supplemental disclosures of non-cash investing and financing activities:
Paid in kind dividends on Series A Convertible Participating Perpetual Preferred Stock

22,005

7,075

0

-

-

-

-

-

-

-

-

Paid in kind dividends on Series A Convertible Participating Perpetual Preferred Stock

-

-

-

0

-

-

-

-

-

-

-

Total cash, cash equivalents and restricted cash
Net cash provided by (used in) financing activities

-

-

-

-

-

-

20,108

-12,417

-8,194

116,139

1,314

Effect of exchange rate changes on cash

-

-

-

-

-350

153

-64

364

-204

-216

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

172,455

27,484

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-33,402

-110,937

90,443

17,721

Issuance of common stock in connection with Openwave acquisition

-

-

-

-

-

0

-

-

-

-

-

Non-cash increase in lease financing obligation and construction-in-progress

-

-

-

-

-

-

-

-

-

-

2,123

Issuance of common stock in connection with the acquisition

-

-

-

-

-

-

1,144

1,386

-

7,136

-

Issuance of common stock in connection with settlement of contingent consideration

-

-

-

-

-

-

-

-

8,597

-

-

Revolving Credit Facility
Payments of debt issuance costs

0

0

3,692

1,346

-

-

-

-

-

-

-

Amended Credit Facility
Payments of debt issuance costs

0

0

19,887

0

-

-

-

-

-

-

-

Long-term Debt
Payments of debt issuance costs

0

0

16,776

0

-

-

-

-

-

-

-

Openwave
Issuance of common stock in connection with acquisition

-

-

-

22,000

-

-

-

-

-

-

-

Intralinks Holdings, Inc.
Issuance of common stock in connection with acquisition (in shares)

0

0

4,700

0

-

-

-

-

-

-

-