SYNCHRONOSS TECHNOLOGIES, INC SNCR Cash Flow

Synchronoss technologies, inc (SNCR)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating activities:
Net loss continuing operations
-	-	-	-	-	-245,280	-206,843	-205,405	-186,749	-194,224	-151,600	-116,486	-108,171	-93,869	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	0	0	75,612	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	10,927	13,539	22,076	27,083	31,842	29,215	20,470	15,126	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
68,251	77,037	85,683	90,832	93,963	97,092	93,156	92,957	93,109	93,924	95,542	95,675	96,216	94,911	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54,626	48,571	44,423	41,126	35,405	31,258	27,610	23,812	20,909	18,792	16,552	14,739	0	0	0
Change in fair value of financial instruments
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
130	285	506	825	1,096	1,294	1,308	10,330	11,254	12,771	12,933	4,004	3,102	1,607	1,573	1,501	1,501	1,501	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on extinguishment of debt
435	822	2,582	2,577	2,147	1,760	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued PIK interest
-	-	-	-	-	7,037	10,322	13,484	12,785	12,090	8,839	5,677	2,786	34	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (earnings) from Equity method investments
-376	-1,619	-30,290	-30,007	-29,638	-28,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	748	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on Disposals of fixed assets
-	-	-	-	-	-	-	-	-	4,947	4,999	5,137	5,069	122	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations non-cash and working capital adjustments
-	-	-	-	-	-	-	-	-	48,647	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on Disposals of intangible assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of bond premium
2	-34	-2	29	54	107	100	111	170	244	421	839	1,134	1,416	1,658	1,703	1,604	1,705	1,382	974	784	384	332	311	282	294	441	700	970	1,216	1,296	1,153	934	622	0	0	0
Deferred income taxes
872	357	-10,727	-11,829	-13,066	-12,350	26,532	31,324	14,315	19,243	21,012	10,211	22,314	17,148	-1,482	-8,885	233	-453	-6,158	3,144	-638	3,207	-4,233	4,840	4,805	1,575	4,844	-100	-638	1,475	2,310	1,371	1,794	-642	0	0	0
Non-cash interest on leased facility
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest on leased facility
-	-	-	-	-	-	-	-	-	-	-	0	1,432	-	993	918	920	924	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest on leased facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	919	922	921	922	923	920	921	920	920	919	918	0	0	0
Stock-based compensation
21,918	22,287	22,597	23,808	25,975	27,604	30,108	26,570	21,567	22,495	24,572	29,449	34,500	34,178	34,203	33,795	32,609	31,404	29,751	29,392	29,730	28,987	27,371	26,856	26,146	25,214	24,351	21,715	20,124	20,425	20,265	21,748	21,789	22,051	0	0	0
Contingent consideration obligation
-	-	-	-	-	-	-	-	-	-	-	-	1,187	1,194	3,283	4,632	1,522	-15	-881	-127	389	3,532	-5,057	-6,759	-4,844	-6,214	0	0	0	-	-	-	-	-	-	-	-
Excess tax benefit from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable, net
-10,071	-10,891	47,130	47,985	63,815	21,521	-34,043	-57,994	-56,116	-29,283	-72,488	-13,286	-18,580	13,650	41,441	26,329	20,539	19,774	50,571	48,876	44,134	50,924	16,914	12,624	24,287	-10,167	18,592	8,461	4,778	11,611	15,851	10,004	13,211	19,409	0	0	0
Prepaid expenses and other current assets
-7,697	-18,209	-41,581	-25,735	10,445	5,315	-10,786	4,059	-24,944	5,513	24,772	8,074	9,601	-31,648	-10,200	-20,545	-5,514	9,057	2,206	15,496	9,853	14,660	-1,932	-3,302	-4,339	-8,022	-2,763	-6,092	-10,267	-8,129	-4,243	-4,116	-794	-597	0	0	0
Other assets
-2,150	-1,710	-1,992	-1,755	-21	-973	-1,416	-2,146	-8,872	-3,237	-7,062	-8,632	-2,998	-8,880	-1,505	870	2,351	3,751	-204	3,145	2,838	1,930	3,456	5,999	6,527	7,376	7,098	770	749	496	445	451	423	349	0	0	0
Accounts payable
10,310	8,879	1,266	3,888	4,284	6,846	1,391	8,858	-11,534	-9,098	-6,704	-19,987	-7,324	-10,089	-13,548	-10,581	448	-7,763	-4,056	9,258	7,663	4,169	5,999	-5,236	-401	348	3,430	5,966	-2,132	-1,915	-1,623	-5,138	-2,946	344	0	0	0
Accrued expenses
12,896	2,115	-2,947	-2,952	-17,975	-18,068	-12,713	-10,888	2,999	-4,949	-4,080	-15,507	-24,858	-7,523	-31,425	-20,419	10,105	-710	28,469	35,444	12,844	16,402	3,227	-8,592	-4,772	-7,155	-7,626	-1,716	-2,914	1,284	1,336	2,715	4,833	7,351	0	0	0
Contingent consideration obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Excess tax benefit from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	6,920	2,832	2,359	-160	3,575	0	0	0
Other liabilities
-4,407	-4,362	-4,525	-7,133	-4,908	-4,675	-7,817	-2,674	-3,435	-3,337	20,947	22,365	1,065	-6,558	-24,645	-26,654	-5,291	2,128	4,459	4,501	4,333	5,825	-155	321	-318	-320	712	-68	626	-497	-48	-59	-47	-183	0	0	0
Deferred revenues
-44,392	-28,856	4,787	33,150	37,125	2,529	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues
-	-	-	-	-	-	-	-	-	-	-	0	45,834	-	76,494	76,586	47,328	22,297	1,416	1,923	-464	-4,119	-10,585	-10,142	-12,429	-5,900	3,416	2,589	4,185	949	-4,015	-7,237	-4,446	3,006	0	0	0
Net cash used in operating activities
23,251	32,583	41,132	58,576	-27,664	-31,369	-77,817	-69,328	-15,038	-18,248	71,320	31,202	68,602	104,559	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	92,684	66,963	54,452	81,092	54,525	72,923	64,483	55,874	49,458	46,240	42,526	42,585	0	0	0
Investing activities:
Purchases of fixed assets
5,805	8,183	10,168	12,776	13,190	11,656	10,401	10,736	8,842	12,151	19,508	29,200	36,969	42,570	37,582	41,324	43,452	57,666	102,550	93,160	90,058	73,885	43,014	51,378	70,514	73,434	63,073	49,099	39,325	33,234	28,067	29,239	16,384	14,732	0	0	0
Purchases of intangible assets and capitalized software
14,732	13,008	12,649	12,130	10,029	14,372	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of intangibles
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable securities available for sale
40,467	51,745	68,708	60,948	41,391	36,789	15,784	13,383	6,676	219	823	2,072	5,066	13,445	46,593	79,146	104,619	139,569	128,435	118,220	92,579	50,275	29,320	8,940	9,597	8,366	6,767	3,629	10,430	13,146	59,423	68,059	77,451	82,098	0	0	0
Maturity of marketable securities available for sale
60,688	86,884	83,609	31,086	29,622	4,865	4,565	7,150	9,846	12,371	16,781	69,528	74,314	82,904	107,819	74,402	78,490	106,210	82,645	60,760	49,235	9,265	0	0	0	-	72,438	76,122	75,643	74,334	19,120	12,928	10,453	7,259	0	0	0
Purchases of intangible assets and capitalized software
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investing in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	2,704	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquired, net of cash
-	-	-	-	-	-	-	-	-	815,008	814,848	814,848	814,848	86,322	104,392	128,503	128,503	101,502	0	0	0	-	-	-	-	-	-	-	-	105,177	74,411	74,396	52,866	55,752	0	0	0
Net cash (used in) provided by investing activities
6,956	19,377	-7,512	-54,300	-44,318	-67,282	882,242	882,876	892,146	98,245	-804,347	-757,477	-753,178	-39,775	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-113,916	-67,003	-76,439	-73,652	-76,007	-55,316	-79,275	-77,223	-142,582	-158,567	-136,049	-145,124	0	0	0
Financing activities:
Share-based compensation-related proceeds, net of taxes paid on withholding shares
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,936	26,028	33,961	32,128	30,003	22,428	16,436	16,257	19,196	18,114	13,667	10,597	7,949	10,874	11,592	14,465	17,707	0	0	0
Taxes paid on withholding shares
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on contingent consideration obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,468	0	0	0	-	-	-	-	-	-	-	-	2,268	0	0	0	-	-	-	-
Share-based compensation-related proceeds, net of taxes paid on withholding shares
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	900,000	900,000	900,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement of Convertible Senior Notes & related costs
96,900	113,006	226,689	179,583	129,802	113,696	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on revolving line of credit
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on revolving line of credit
-	-	-	-	-	-	-	-	-	-	-	-	94,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of revolving line of credit
-	-	-	-	-	-	-	-	-	29,000	38,000	141,000	144,000	115,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	0	0	0	-	-	-	-	6,920	2,833	2,360	-159	3,576	0	0	0
Excess tax benefit from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	23,444	40,025	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of treasury stock in connection with an employee stock purchase plan
-	-	-	-	-	-	-	-	-	1,047	1,047	2,275	2,275	2,183	2,183	1,882	1,882	1,902	1,902	1,912	1,912	1,677	1,677	1,544	1,544	1,474	0	0	0	-	-	-	-	-	-	-	-
Proceeds from issuance of preferred stock
-	-	-	-	-	86,220	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividend payment
0	7,075	14,150	14,150	14,150	7,075	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on capital obligations
920	1,200	1,241	1,228	1,245	1,334	1,759	2,344	2,690	2,985	3,126	3,690	4,226	3,815	3,182	2,941	1,983	2,021	2,158	1,461	1,482	1,515	1,490	1,305	1,161	1,597	1,501	1,445	1,551	1,015	974	929	906	945	0	0	0
Net cash provided by (used in) financing activities
-87,800	-121,257	-242,080	-194,961	-145,460	-35,885	-777,460	-797,481	-799,760	-35,664	821,367	835,558	813,964	-370	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-59,388	-70,859	-207,601	-191,655	-221,443	-136,265	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	127,673	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures of cash flow information:
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	4,369	-	9,751	19,419	31,302	29,868	29,242	22,724	18,971	19,342	14,794	11,001	2,153	1,773	1,305	2,807	3,541	3,396	3,263	2,083	3,366	3,600	0	0	0
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	6,827	-	3,509	6,448	6,271	5,791	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures of non-cash investing and financing activities:
Paid in kind dividends on Series A Convertible Participating Perpetual Preferred Stock
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cash, cash equivalents and restricted cash
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	247,950	18,934	18,060	20,108	7,553	-5,282	-9,329	-12,417	-3,030	-5,468	-15,707	-8,194	0	0	0
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-1,715	-	-3,409	-2,198	-529	-350	2,533	678	110	153	1,818	1,842	82	-64	-1,720	-1,202	139	364	279	-532	-247	-204	0	0	0
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-15,649	11,123	-23,982	-33,402	-95,875	-118,327	-109,477	-110,937	0	0	0