Skyworks Solutions, Inc. SWKS Cash Flow

Skyworks solutions, inc. (SWKS)

CashFlow / Quarterly

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	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09
Net Income (Loss) Attributable to Parent
181,000	257,100	210,600	144,200	213,900	284,900	285,500	286,500	276,000	70,400	281,300	246,200	224,900	257,800	246,800	185,000	208,100	355,300	229,200	207,400	166,500	195,200	174,900	111,400	76,900	94,500	84,200	65,700	61,700	66,500	61,500	49,300	34,074	57,126	64,224	51,548	49,960	60,868	46,804	34,736	27,744	28,010
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based compensation
40,200	33,600	21,500	16,000	21,800	20,800	21,500	19,500	41,000	25,800	24,200	20,600	22,100	21,600	19,700	17,900	17,100	23,300	25,400	26,000	26,700	21,700	23,600	22,800	20,700	18,900	17,600	18,100	18,300	17,700	18,500	18,600	19,350	15,750	15,612	14,543	14,864	13,281	14,502	9,435	8,720	8,084
Depreciation
80,500	79,800	79,500	79,000	78,900	77,500	73,600	69,300	66,000	63,600	60,400	55,600	55,900	55,300	54,800	54,600	53,500	51,500	45,900	41,900	38,800	35,700	30,300	24,100	21,600	20,800	18,900	18,400	18,500	18,500	17,400	17,100	17,726	17,274	16,680	15,238	14,293	13,589	12,418	11,905	11,380	10,870
Amortization of intangible assets, including inventory step-up
11,300	11,400	13,400	14,700	13,100	15,500	10,200	5,400	5,600	5,500	5,000	7,100	7,000	8,500	6,400	10,000	8,600	8,400	8,300	8,400	8,300	8,500	7,400	5,700	6,300	6,500	6,700	7,000	7,200	8,200	8,500	8,600	9,415	6,685	9,888	4,367	2,343	1,602	4,327	1,501	1,500	1,501
Non-cash restructuring (income) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Deferred income taxes
200	900	6,000	15,500	-29,400	1,800	-8,300	10,000	4,200	21,400	-600	1,900	-300	1,200	-1,500	1,700	-2,200	2,000	800	-1,000	3,500	-7,200	2,200	1,900	2,700	-3,500	12,800	2,200	-2,900	1,600	10,600	100	1,876	324	5,446	1,749	-7,585	12,790	14,712	11,401	4,136	8,294
Contribution of common shares to savings and retirement plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,234	4,746	854
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	5,400	7,200	6,700	21,500	-1,400	3,500	4,300	37,300	7,100	9,500	11,300	29,400	2,500	14,400	12,200	11,700	5,500	-200	2,400	3,100	-2,100	3,500	74	5,326	426	1,187	3,852	7,035	-	-	-	-
Other, net
2,100	0	-	-700	-200	1,000	-	300	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for (recoveries) losses on accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-68	-	294	119	141
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	-100	-500	-200	-400	-200	0	-400	-100	-200	0	0	0	-100	435	-835	6	-178	-28	0	-29	-167	-24	-72
Changes in assets and liabilities:
Receivables, net
-59,200	-38,500	-92,500	14,000	19,400	-131,400	180,100	101,200	-91,600	4,100	57,300	28,600	500	-49,300	-153,400	31,500	3,600	-3,100	158,100	104,600	34,800	-75,300	53,700	35,100	-50,800	-25,600	8,800	49,300	-17,600	-45,400	50,700	34,700	1,749	22,051	-8,142	-12,878	-17,485	25,605	19,895	47,408	-11,432	4,327
Inventory
44,900	-7,900	29,900	22,800	61,900	5,000	-22,100	36,500	8,200	-34,500	10,500	37,400	21,900	-600	-13,400	94,300	47,400	19,000	-4,600	-3,900	2,200	2,700	36,900	-18,200	-7,700	-4,900	-2,500	5,100	-2,500	-3,500	22,900	13,100	3,578	-20,278	9,140	15,252	8,313	16,995	6,921	13,531	6,403	11,963
Other current and long-term assets
-	-	-	-	-	-	-33,600	18,700	6,500	20,600	-12,600	-8,800	30,400	-12,300	13,200	2,900	16,100	-11,800	21,200	-5,600	31,600	-8,000	1,000	200	-8,800	300	-1,900	-800	2,900	0	3,300	1,800	-869	5,269	2,140	2,546	382	-3,368	1,807	4,424	4,197	-2,079
Accounts payable
-6,500	-6,700	-8,500	-600	-1,700	-22,200	-69,700	25,900	23,200	-105,400	79,700	14,900	2,300	50,900	-71,300	300	-14,300	-96,200	63,100	-3,000	20,000	10,400	36,700	38,200	18,500	-19,200	11,300	3,600	200	-29,200	5,000	-1,100	30,560	-19,260	-1,308	-12,974	-8,586	8,568	9,379	25,991	-349	7,848
Other current and long-term assets and liabilities
-42,700	-24,100	-12,200	25,200	-23,000	43,300	24,300	5,300	-58,700	269,700	29,200	32,200	-23,700	59,900	38,100	3,600	-53,500	39,700	34,300	44,800	-38,800	65,700	12,300	24,500	5,000	20,600	9,200	700	5,000	17,300	-3,300	5,300	1,945	9,855	10,350	15,829	17,083	-1,362	4,054	4,687	555	471
Net cash provided by operating activities
280,400	398,400	417,000	209,300	192,100	549,000	207,600	258,000	434,200	360,800	417,600	314,100	228,700	495,900	437,000	140,900	154,500	345,300	232,700	221,900	155,000	383,200	200,400	199,000	214,200	158,800	157,500	64,300	130,300	147,600	50,300	40,700	116,968	77,232	122,781	85,974	92,223	64,822	73,285	36,500	60,165	53,012
Cash flows from investing activities:
Payments for Software
-	-	-	-	-	-	-	2,600	0	6,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Marketable Securities
47,300	131,500	116,800	77,000	164,500	2,200	160,500	523,200	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures
-	111,200	-	-	-	129,500	112,300	191,500	90,300	28,200	85,300	113,000	54,900	50,100	15,200	57,200	37,400	79,500	150,800	108,100	84,000	87,200	82,900	67,500	41,900	16,300	38,400	33,400	25,600	26,400	30,700	31,200	25,776	6,424	15,229	20,091	32,241	33,039	29,320	25,349	19,581	14,679
Payments for acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	0	0	0	13,700	600	55,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-529	245,373	525	3,931	400	5,000	0	1,000
Maturity of investments
-	62,200	-	-	-	303,200	335,600	32,600	0	0	0	0	0	3,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	800	-	0	20,900	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
44,000	-180,500	-101,800	-138,500	-268,100	171,500	-341,200	-684,700	-90,300	-34,200	-97,400	-113,000	-54,900	-60,600	-21,800	-112,200	-37,400	-79,500	-151,200	-114,200	-102,100	-87,200	-231,400	-67,500	-41,900	-16,300	-38,400	-33,400	-25,600	-25,600	-30,700	-31,200	-234,476	-6,424	-14,700	-265,464	-32,766	-36,970	-29,720	-30,349	-19,581	-15,679
Cash flows from financing activities:
Retirement of 2007 Convertible Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	18,630	27,524	4,953
Reacquisition of equity component of 2007 Convertible Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	14,454	12,527	2,621
Payments to retire short term line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50,000	-	-	-	-
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	5,400	7,200	6,700	21,500	-1,400	3,500	4,300	37,300	7,100	9,500	11,300	29,400	2,500	14,400	12,200	11,700	5,500	-200	2,400	3,100	-2,100	3,500	74	5,326	426	1,187	3,852	7,035	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	150	-	-50	0	5,466	530	0	0	-265
Repurchase of common stock - payroll tax withholdings on equity awards
2,100	26,600	1,200	600	1,600	19,400	500	1,000	1,800	44,700	1,200	3,400	200	44,400	400	500	500	71,900	800	3,300	400	49,700	2,400	1,100	600	18,000	1,300	1,300	800	15,200	2,100	1,000	145	15,355	158	1,162	346	18,434	87	751	108	3,466
Repurchase of common stock - stock repurchase program
283,800	74,200	146,300	85,800	141,500	284,000	235,000	240,300	111,700	172,500	101,800	128,800	95,200	106,500	198,600	191,900	135,100	0	111,000	47,200	48,100	31,000	45,800	41,300	61,500	17,100	20,400	92,000	30,800	41,700	0	0	-5	12,405	9,813	18,623	23,350	18,214	-	-	-	-
Dividends paid
74,900	75,100	75,100	65,700	66,000	67,100	68,000	57,700	58,400	59,100	58,900	51,600	51,900	52,200	52,200	49,400	49,200	50,200	49,300	24,500	24,700	24,600	20,500	20,900	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from exercise of stock options
8,400	34,900	7,500	7,800	4,400	2,400	4,000	2,500	17,900	14,400	8,000	13,900	17,200	14,700	6,000	5,800	7,700	8,600	10,100	9,600	13,300	24,000	9,700	12,900	26,800	18,400	7,900	5,200	5,000	3,000	16,800	8,400	11,649	2,251	1,892	3,982	14,134	43,092	19,668	6,098	8,658	6,078
Proceeds from exercise of stock options, employee stock purchase plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,700	0	8,600	2,700	7,800	1,900	9,400	1,800	6,700	1,700	7,400	1,300	6,600	1,800	7,500	1,200	6,900	1,200	6,989	1,011	5,459	1,603	5,167	1,471	-	-	-	-
Amortization of discount and deferred financing costs on convertible debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350	-	512	758	1,078
Retirement of debt and line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	-100	33,174	14,926	-	-	-	-	-	-	-	-
Payment for obligations recorded for business combinations
-	-	-	-	-	-	-	-	-	-	1,200	1,300	1,200	1,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-340,200	-141,000	-206,700	-144,300	-193,400	-368,100	-291,200	-296,500	-144,100	-261,900	-147,400	-164,000	-117,400	-168,600	-305,100	-232,500	-172,800	-76,200	-143,900	-55,900	-48,600	-51,900	-56,500	-36,000	-23,100	-5,000	-8,300	-89,400	-24,200	-50,800	-40,400	11,000	-21,441	-35,259	-13,069	-14,666	-5,710	-31,055	25,868	-27,737	-31,501	-5,227
Net increase in cash and cash equivalents
-	76,900	-	-	-	352,400	-424,800	-723,200	199,800	64,700	172,800	37,100	56,400	266,700	110,100	-203,800	-55,700	189,600	-62,400	51,800	4,300	244,100	-87,500	95,500	149,200	137,500	110,800	-58,500	80,500	71,200	-20,800	20,500	-138,949	35,549	95,012	-194,156	53,747	-3,203	69,433	-21,586	9,083	32,106
Supplemental cash flow disclosures:
Income taxes paid
55,000	26,100	7,900	29,000	85,900	1,600	18,800	40,900	69,000	7,200	31,300	49,900	79,500	2,500	2,500	56,100	98,400	8,900	31,500	25,400	67,100	2,100	19,300	20,600	22,600	700	6,400	11,300	8,000	500	800	9,900	8,655	445	4,161	2,095	9,556	288	1,888	1,351	11,305	213
Capital Expenditures Incurred but Not yet Paid
25,300	70,100	-	-	13,200	56,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	147	53	233	4	205	58	-174	220	577	92