Take-two interactive software, inc. (TTWO)
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'11Dec'10Sep'10Jun'10
Operating activities:
Net income

404,459

338,567

354,872

308,424

333,837

367,860

213,053

184,950

173,533

181,960

126,978

166,146

67,303

14,422

1,851

20,154

-8,302

-297,492

-214,986

-311,090

-279,470

-67,466

470,867

388,116

361,605

414,865

-92,196

19,433

-29,491

-118,800

-176,061

-210,941

-108,816

-64,034

-37,279

13,431

48,458

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Amortization and impairment of software development costs and licenses

167,925

156,877

253,457

224,861

201,221

175,819

59,294

66,539

77,887

154,127

197,314

199,083

221,911

181,435

157,212

151,916

134,472

126,741

164,036

149,788

133,453

103,072

191,508

229,550

265,533

293,658

172,623

178,498

230,748

222,861

208,625

173,722

150,700

137,624

135,763

162,635

143,811

0

0

0

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-86

1,230

1,736

1,707

1,671

-463

-1,032

-1,088

-1,116

77

197

-4,392

-5,346

0

0

0

Stock-based compensation

257,881

245,689

305,958

280,534

247,700

198,847

88,207

116,876

116,349

122,569

131,629

90,850

81,879

71,273

67,923

66,010

69,996

66,916

76,806

74,353

65,246

72,998

80,698

82,150

78,118

70,581

42,934

34,706

35,765

32,809

34,931

32,452

33,494

28,598

23,711

25,592

28,765

0

0

0

Amortization of intellectual property

20,990

22,075

22,234

22,578

23,879

26,145

29,816

33,510

34,830

31,810

24,024

14,919

6,738

1,398

0

128

160

184

245

271

344

503

775

3,524

3,558

3,697

5,098

2,930

7,000

6,682

5,211

4,887

983

2,110

2,900

4,193

3,927

0

0

0

Depreciation

47,628

46,203

44,010

41,730

39,726

37,738

35,586

33,589

32,202

31,611

31,207

31,072

30,707

29,667

29,741

29,603

28,800

27,396

25,707

23,484

21,057

18,645

16,213

14,450

13,359

12,643

11,739

10,922

10,634

10,568

10,913

11,647

12,123

13,111

13,758

14,479

14,999

0

0

0

Amortization of discount on Convertible Notes

-

-

-

-

-

-

-

-

15,662

18,776

22,156

20,361

21,222

23,873

24,894

23,828

23,457

23,091

22,730

22,376

22,026

21,683

21,345

22,832

22,801

22,398

21,959

19,665

18,862

18,405

16,867

14,274

11,728

9,228

7,866

7,616

7,374

0

0

0

Amortization of debt issuance costs

-

-

-

-

-

-

-

-

-

703

930

1,034

1,227

1,464

1,554

1,550

1,567

1,584

1,602

1,630

1,663

1,697

1,730

1,881

1,947

2,010

2,074

2,007

2,021

2,034

1,918

1,725

1,527

1,326

1,251

1,251

1,251

0

0

0

Gain on redemption of Convertible Notes

-

-

-

-

-

-

-

-

4,900

4,855

4,141

1,103

0

0

0

0

-

-

-

-

-

-

-

-

3,461

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-3,741

-6,305

-6,523

-4,885

-584

391

-4,145

-13,642

-6,953

-3,626

-696

9,908

3,410

3,589

1,426

766

-2,588

-2,379

-2,989

-2,117

-2,068

-2,468

1,192

816

208

371

-1,581

-939

-778

-1,188

-1,502

-2,062

-1,231

-206

-27

2,474

1,097

0

0

0

Changes in assets and liabilities:
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

74,452

152,883

88,511

91,491

172,788

137,683

168,156

-24,161

195,704

88,952

36,379

186,350

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

195,484

-178,197

327,858

115,389

98,075

346,895

51,036

-43,651

26,998

87,945

39,122

79,476

41,956

64,520

140,016

9,624

-49,348

-171,622

215,101

87,497

164,717

246,190

-985,964

7,963

-136,453

95,278

856,440

-36,505

144,561

40,967

135,379

-74,987

-39,182

-30,571

-85,078

-30,612

10,082

0

0

0

Inventory

-8,489

-15,637

542

14,066

14,403

9,459

3,287

-2,158

-3,917

2,042

-38,892

2,187

4,942

11,693

54,991

1,836

-3,809

-4,192

-32,142

-11,437

-9,729

-20,418

-28,085

-4,705

-438

15,348

23,465

-135

7,741

7,171

15,491

2,046

-2,101

-6,076

-808

1,512

99

0

0

0

Software development costs and licenses

48,434

67,673

125,755

209,136

206,831

196,606

212,268

208,103

225,269

244,902

250,448

262,388

252,951

243,565

249,770

238,478

219,217

203,392

202,239

188,913

188,772

196,536

288,983

193,277

192,357

217,689

113,442

202,631

216,893

194,387

214,956

201,925

191,223

185,136

160,835

159,094

156,782

0

0

0

Prepaid expenses, other current and other non-current assets

259,817

347,942

400,174

385,457

275,800

178,329

36,136

72,809

74,544

29,828

58,684

41,487

22,155

37,218

7,582

-4,554

12,272

-50,976

2,005

12,673

-5,398

-307,092

-30,462

24,424

18,424

382,828

68,663

4,421

5,694

5,689

-21,880

-27,078

1,090

-9,081

-31,900

20,118

-16,943

0

0

0

Deferred revenue

55,460

-621,287

-251,166

-225,509

-304,713

-108,662

-251,467

-225,589

-198,397

-190,423

-141,527

-157,722

-126,285

270,098

120,196

23,976

152,325

296,360

634,305

633,755

568,028

466,452

-1,046,459

59,388

34,276

25,018

1,116,135

13,635

13,055

14,554

21,091

-966

430

1,382

3,240

5,076

1,490

0

0

0

Deferred cost of goods sold

-32,180

-31,001

16,462

17,672

24,882

15,662

9,471

35,783

11,959

-17,955

-6,697

-41

14,969

53,228

96,871

22,678

41,144

188,409

33,992

71,806

70,788

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses and other liabilities

299,733

169,522

608,491

327,330

201,152

328,338

-76,073

97,855

198,733

123,363

132,026

224,231

189,344

209,672

416,791

154,188

170,162

303,707

280,438

339,897

78,585

-185,511

-233,782

77,867

194,228

381,836

270,977

-38,333

83,734

66,898

64,148

-38,426

-39,748

-60,420

-44,855

-13,343

41,217

0

0

0

Net cash used in discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,318

-83

-178

-234

-272

-1,650

-1,660

-1,997

-2,007

-2,038

-2,722

-2,382

-9,628

0

0

0

Net cash provided by operating activities

685,678

893,291

1,193,708

963,233

843,515

642,653

155,140

432,454

493,527

409,374

591,064

505,041

407,903

312,084

190,482

108,575

261,305

341,111

364,650

405,812

212,814

29,995

433,319

605,545

700,262

684,764

212,872

55,150

-4,567

11,103

-157,050

-109,074

-84,964

-74,978

59,319

69,259

134,798

0

0

0

Investing activities:
Change in bank time deposits

-

-

0

-7,914

-

-

32,686

-45,759

-40,918

32,235

-17,765

-14,614

89,076

74,022

46,859

83,353

-182,383

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from available-for-sale securities

400,635

383,761

347,938

356,169

325,133

252,629

243,798

230,195

241,012

227,504

195,029

188,346

155,936

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available-for-sale securities

499,991

414,959

327,890

266,674

282,534

266,972

331,613

372,958

369,998

399,910

281,392

231,983

221,671

229,090

220,066

180,893

150,501

46,207

55,512

81,145

100,116

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of commercial paper

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from commercial paper

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of fixed assets

53,384

58,113

63,357

62,651

66,969

57,725

57,984

59,754

61,557

54,276

45,601

33,029

21,167

23,070

19,770

22,741

37,280

41,501

52,240

59,878

49,501

42,937

37,415

30,211

29,813

27,958

24,251

21,524

16,820

15,119

14,027

11,676

10,786

9,391

8,759

9,874

9,653

0

0

0

Proceeds from sale of long-term investment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of long-term investments

27,891

26,142

4,500

2,000

0

0

0

0

-

-

-

-

1,885

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset acquisition

-

-

-

-

-

-

-

-

25,965

25,965

25,965

25,381

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business acquisition

12,040

37,040

33,715

33,715

28,149

3,149

12,550

12,550

9,401

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

0

0

0

Cash received from sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,075

0

0

0

Net cash used in discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,475

0

0

0

-

-

-

-

Net cash provided by (used in) investing activities

4,049

-272,931

-279,465

-16,785

-223,576

-67,034

-130,663

-266,410

-271,827

-359,732

-306,363

-247,330

-129,030

-51,432

-75,477

-45,373

-324,516

-345,758

-362,653

-398,592

-220,141

-105,638

-66,030

-50,626

-30,813

-28,958

-24,251

-21,524

-16,820

-17,020

-15,928

-13,577

-14,162

-10,866

-10,234

-9,534

-7,578

0

0

0

Financing activities:
Tax payment related to net share settlements on restricted stock awards

87,968

86,716

98,804

95,008

101,293

103,791

90,726

113,598

112,884

109,958

107,266

84,285

51,762

45,144

43,151

41,541

22,916

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of employee stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

239

868

842

809

734

0

0

0

Repurchase of common stock

0

100,000

208,892

208,892

362,392

307,048

308,292

308,292

154,792

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

1,990

1,411

-6,965

-5,758

1,421

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of 1.00% Convertible Notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

283,188

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs for the issuance of 1.00% Convertible Notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,815

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-77,453

-176,201

-307,696

-303,900

-463,685

-424,630

-412,809

-435,681

-281,467

-219,603

-106,419

-83,182

-49,772

-43,733

-50,116

-73,851

-48,047

0

0

0

-

-

-

-

-133,684

0

0

0

-

-

-

-

243,364

243,993

842

809

734

0

0

0

Effects of foreign currency exchange rates on cash, cash equivalents, and restricted cash and cash equivalents

-10,868

2,780

-9,238

-4,737

-10,639

-4,755

2,699

9,373

24,924

18,623

9,273

2,422

-7,798

-12,730

-6,599

-8,807

-1,120

-8,591

-13,370

-15,889

-17,881

-9,427

-2,809

-1,343

-2,867

1,325

1,866

1,426

3,610

1,323

-11,647

-2,254

-4,318

-1,951

14,994

5,682

6,567

0

0

0

Net change in cash, cash equivalents, and restricted cash and cash equivalents

601,406

446,939

597,309

637,811

145,615

146,234

-385,633

-260,264

-34,843

-151,338

187,555

176,951

221,303

204,189

58,290

-19,456

-112,378

-62,211

-42,697

-6,216

-24,280

-74,718

92,487

175,685

532,898

523,447

333,639

279,259

-17,777

-4,593

58,544

118,297

139,920

156,198

64,921

66,216

134,521

0

0

0