Techtarget inc (TTGT)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities:
Net income

15,792

16,875

15,464

13,882

14,151

12,955

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

2,438

-

4,298

6,361

6,791

7,186

6,922

5,819

4,293

4,081

2,375

2,014

-160

-1,837

-814

-719

2,117

4,024

4,985

5,276

5,129

4,689

0

0

0

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

5,372

4,999

4,788

4,645

4,583

4,548

4,665

4,618

4,613

4,636

4,563

4,588

4,702

4,893

4,992

5,194

5,305

5,364

5,518

5,657

5,763

5,822

5,853

5,813

5,880

6,046

6,122

6,379

6,532

6,630

6,786

6,741

6,712

6,735

0

0

0

Provision for bad debt

268

339

522

852

951

986

901

902

846

806

1,211

890

881

894

483

809

801

805

857

820

797

708

692

565

554

564

842

830

699

827

349

303

457

316

0

0

0

Amortization of investment premiums

-

-

-

-

-

73

116

163

219

262

305

324

316

308

274

250

248

236

228

231

252

291

343

395

446

466

448

558

713

927

1,179

1,258

1,196

983

0

0

0

Stock-based compensation

15,183

14,217

12,123

12,321

10,073

9,113

7,747

6,745

6,820

6,912

7,091

7,009

6,896

6,852

6,903

6,887

6,727

6,624

7,905

7,499

7,372

7,332

5,777

5,538

5,563

5,585

5,383

5,487

5,402

5,267

5,725

5,946

6,763

7,469

0

0

0

Amortization of debt issuance costs

9

9

221

246

272

298

112

112

114

109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax provision

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,554

2,170

253

235

231

-450

-1,158

-1,160

-1,374

0

0

0

Excess tax benefit-stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

712

-657

458

440

506

706

670

658

422

1,720

1,847

1,849

2,054

0

0

0

Other non-cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-1,428

-2,601

-2,456

-390

-3,680

1,548

-750

5,259

6,264

7,855

4,792

-5,059

-640

-3,107

-2,798

1,936

215

4,180

6,501

6,132

2,168

1,845

-1,572

-3,574

380

-1,496

156

-844

-3,860

-1,860

-900

247

3,942

1,661

0

0

0

Prepaid expenses and other current assets

-973

-1,011

-1,074

450

5

150

1,418

602

969

1,105

-20

-498

-260

-343

658

1,454

528

149

-719

580

-299

912

-1,604

-3,230

-1,966

524

2,835

1,801

2,388

-384

0

0

0

-

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other assets

-85

74

48

84

135

-11

-2

-6

-15

-45

62

45

71

52

-260

-241

-269

-262

-18

534

527

594

821

262

302

314

37

12

-51

54

65

92

154

81

0

0

0

Accounts payable

-292

164

205

-733

141

332

74

84

154

-810

-338

-374

-621

299

36

-976

-379

-921

-696

134

-389

56

-527

-987

665

-239

154

-136

-1,468

-144

-916

-404

-359

-853

0

0

0

Income taxes payable

2,064

2,524

1,543

1,034

150

-398

-228

1,518

3,363

2,744

1,209

330

983

722

864

1,521

-2,131

-1,625

1,191

3,046

4,972

4,689

-2,246

-4,376

-4,333

-5,004

285

201

572

321

2,077

1,813

3,101

3,174

0

0

0

Accrued expenses and other current liabilities

129

-792

-545

-608

-646

-212

243

707

-117

-157

-331

-1,008

-836

-987

1,414

-99

-76

1,803

-761

447

562

-576

-1,638

440

-507

412

1,590

-219

507

-1,421

-832

-813

430

1,921

0

0

0

Operating lease right-of-use assets and ;liabilities, net

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation expenses

19

94

-124

-249

-125

336

159

262

166

670

647

245

72

40

-75

-96

185

-967

-566

-136

0

479

581

391

49

-17

-255

-156

-244

57

-27

-186

193

-779

0

0

0

Contract liabilities

-1,046

-1,237

-326

1,221

-2,385

-2,025

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract liabilities

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

1,638

46

654

-1,173

-317

-108

-157

-331

291

1,006

1,112

2,396

2,003

-3

374

140

-1,399

-77

-1,210

0

0

0

Other liabilities

-

-

-

-

-275

-305

3,267

3,232

3,243

3,175

-454

-477

-161

-162

-126

-78

-388

-2,372

-2,502

-2,481

-2,831

-341

927

-603

-119

-519

-1,541

-118

-153

-225

-260

-111

-1,104

-657

0

0

0

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

15,365

-

25,328

21,921

18,404

14,479

7,815

10,951

17,813

18,217

14,409

17,111

11,565

8,275

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by operating activities

39,342

39,449

36,497

31,955

29,886

23,877

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,621

13,792

13,686

15,858

0

0

0

Investing activities:
Purchases of property and equipment, and other capitalized assets

6,138

6,335

5,339

4,895

4,773

5,538

6,346

6,207

5,647

4,137

3,736

3,714

4,351

4,410

4,403

4,430

3,960

3,699

3,561

3,686

3,569

3,847

3,885

3,947

4,490

4,477

4,577

4,381

3,820

4,150

0

0

0

-

-

-

-

Purchases of investments and maturities of investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment, and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Purchases of investments

-

-

-

-

-

-

-

-

-

500

0

0

0

-

-

-

-

7,891

11,893

14,081

16,118

15,101

8,430

6,244

9,328

16,433

23,030

27,824

29,043

21,373

21,551

17,104

32,422

38,211

0

0

0

Proceeds from sales and maturities of investments

-

-

-

-

-

7,600

8,700

11,000

9,900

10,900

0

0

0

-

-

-

-

6,657

0

0

0

-

-

-

-

-

-

-

-

29,954

20,524

10,225

11,025

17,370

0

0

0

Acquisitions of businesses, net

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-16,207

-10,847

-2,339

-1,265

457

1,692

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,094

-11,423

-28,246

-27,371

0

0

0

Financing activities:
Net cash (used in) provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-557

-

-4,682

-6,352

-4,282

-4,933

-5,482

-3,742

-3,762

-4,733

18,140

16,364

11,737

4,645

0

0

0

-

-

-

-

-

-

-

-

Tax withholdings related to net share settlements

1,990

2,790

2,696

3,283

3,496

3,150

3,224

3,923

3,882

3,940

3,855

4,049

4,316

4,446

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit-stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

712

-657

458

440

506

706

670

658

422

1,720

1,847

1,849

2,054

0

0

0

Purchase of treasury shares and related costs

18,766

7,067

7,850

10,201

8,601

7,089

6,827

7,553

8,324

8,085

0

0

0

-

-

-

-

-

-

-

-

14,989

38,156

36,198

37,816

47,912

0

0

0

-

-

-

-

-

-

-

-

Shelf registration and other fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of earnout liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

459

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

386

168

145

622

1,005

1,337

1,499

1,287

942

790

3,413

4,192

4,192

4,173

1,904

1,098

2,802

5,186

5,039

5,929

4,804

2,819

2,390

1,263

1,560

952

945

1,206

766

2,434

2,470

2,754

2,817

0

0

0

Term loan principal payment

0

-

0

0

0

-

0

0

7,500

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-13,147

-

-5,747

-6,242

-16,890

-14,021

-13,144

-11,581

-8,766

-9,535

-36,074

-33,490

-36,253

-45,986

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

-21,643

-10,721

-11,360

-16,508

-16,832

-16,778

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,974

4,317

4,603

4,871

0

0

0

Effect of exchange rate changes on cash

-64

-67

-105

-46

-82

-84

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash

1,428

17,814

22,693

14,136

13,429

8,707

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-5

-

24

164

67

-17

-47

-75

-56

-86

5

72

-2

69

-22

-39

-172

21

0

0

0

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

1,656

-

14,923

9,491

-2,701

-4,492

-10,858

-4,447

5,229

3,863

-3,520

57

-12,953

-32,997

-12,430

-4,815

706

22,623

16,401

6,551

-9,897

-6,798

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

-

-

-

0

Cash paid for taxes, net

3,530

3,581

3,403

2,241

2,684

2,625

2,857

1,979

204

-43

-140

-57

63

711

1,513

2,725

5,630

5,369

5,360

3,112

133

118

-702

186

742

2,834

2,874

3,807

3,962

3,662

4,175

5,496

4,802

4,153

0

0

0

Property and equipment included in accounts payable and in accrued expenses and other liabilities

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-