Verint systems inc (VRNT)
CashFlow / TTM
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

35,683

57,323

64,553

75,206

70,220

60,198

43,051

14,361

-3,454

-13,281

-23,781

-29,093

-26,246

-15,918

-14

5,304

22,228

9,931

12,934

8,314

36,402

54,066

66,647

95,532

58,776

61,916

44,477

39,237

58,804

49,385

52,691

50,700

40,625

0

0

0

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

91,532

90,564

88,746

87,906

88,915

92,082

95,249

100,271

105,730

108,725

112,638

115,344

114,257

112,242

110,947

109,607

106,300

104,635

102,660

101,168

99,464

90,036

77,876

64,833

55,968

54,851

56,116

57,460

57,097

56,364

55,766

54,182

53,040

0

0

0

Stock-based compensation, excluding cash-settled awards

82,698

72,312

70,391

67,279

66,657

69,408

68,812

68,119

69,296

70,271

68,138

67,729

65,421

59,835

62,323

64,908

64,387

69,365

64,910

58,877

54,314

43,215

39,591

34,682

30,173

27,466

23,698

21,737

21,004

20,114

21,135

20,982

21,781

0

0

0

Amortization of discount on convertible notes

12,490

12,327

12,165

12,006

11,850

11,695

11,543

11,392

11,243

11,097

10,952

10,810

10,668

10,529

10,392

10,257

10,123

9,991

9,861

8,494

6,014

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of valuation allowance resulting from acquisition of KANA

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Non-cash (gains) losses on derivative financial instruments, net

599

-789

530

1,572

2,511

3,451

3,234

1,841

-17

662

1,098

865

-323

-882

-1,843

-1,296

394

2,903

4,157

4,855

3,986

2,056

-227

-821

346

-320

146

171

-399

206

1,142

897

-896

0

0

0

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,546

-12,546

-12,546

-7,265

-9,879

-9,879

-9,879

-9,706

0

0

0

0

-8,136

0

0

0

Other non-cash items, net

-4,544

-3,538

-3,583

-766

2,328

2,707

7,843

5,481

428

794

-5,073

-9,524

-7,666

-9,890

-8,670

-6,018

-12,343

-11,761

-12,790

-12,854

-8,928

-4,640

-4,454

1,479

1,964

-2,441

-1,621

911

5,297

10,806

10,219

3,659

802

0

0

0

Changes in operating assets and liabilities, net of effects of business combinations:
Accounts receivable

6,894

30,608

43,596

8,006

21,520

-28,191

-5,365

-20,241

23,512

19,885

-16,306

24,265

353

-900

13,202

-24,028

-3,433

6,963

15,118

24,559

54,921

56,284

49,093

39,145

23,387

20,148

-2,003

41,065

13,809

3,725

11,746

-496

2,942

0

0

0

Contract assets

1,470

-4,575

-25,852

-24,523

-5,751

999

12,217

18,811

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-1,752

4,409

12,819

13,760

8,208

5,037

1,732

-511

2,865

-305

-1,898

-1,359

286

3,943

3,940

2,154

3,258

-1,440

-2,275

5,465

4,223

3,835

6,185

2,441

-3,105

4,579

5,224

-1,965

1,957

-1,212

-7,539

-3,676

-1,080

0

0

0

Deferred cost of revenue

-

-

-

-

-

-

-

-

-

-7,278

-7,125

-7,551

-7,124

-3,059

-4,522

-4,767

-6,187

-6,977

-2,702

-1,503

677

7,374

6,031

7,199

6,148

3,715

1,533

-4,990

-11,421

-8,560

-9,799

-7,955

-3,199

0

0

0

Prepaid expenses and other assets

-13,523

-1,397

-6,400

-1,543

4,753

-4,940

2,190

4,288

1,748

1,940

-4,849

-7,845

-4,941

3,490

-3,064

-4,796

2,886

-2,839

-6,296

-7,725

-21,412

-21,776

-20,262

-38,394

-33,487

-984

2,658

18,407

17,577

-10,246

-14,778

-5,697

-6,339

0

0

0

Accounts payable and accrued expenses

-14,488

-7,968

-9,203

-4,134

-15,648

-20,828

-3,045

7,090

10,158

24,929

-8,216

6,610

-9,521

-19,843

8,282

-32,750

-15,260

-9,782

-15,256

-1,923

33,412

48,309

54,178

61,510

23,444

11,179

-1,516

3,506

-598

5,634

1,487

9,941

-7,192

0

0

0

Contract liabilities

27,575

33,261

14,154

12,814

32,919

-6,125

648

-12,996

9,686

16,325

14,498

5,335

8,705

6,017

-4,832

-12,901

-12,364

-5,170

6,400

34,970

24,057

-4,979

8,824

2,704

-1,994

15,946

9,068

1,050

-6,104

-8,809

-11,307

58

-3,424

0

0

0

Other, net

-131

5,431

2,720

-1,190

-1,506

15,902

13,108

4,648

1,571

-2,767

-1,482

-2,599

115

-14,870

-5,990

-2,972

-73

7,387

3,103

2,562

167

2,036

362

1,231

-203

3,271

-1,006

-2,911

-1

-12,651

-3,349

176

19

0

0

0

Net cash provided by operating activities

237,904

220,071

209,377

248,162

215,251

211,803

181,970

176,718

176,327

196,900

201,629

170,314

172,415

141,021

160,036

152,139

156,903

191,055

189,515

206,316

193,725

153,506

175,999

206,163

178,284

173,270

156,792

102,009

123,385

126,401

117,911

134,736

106,498

0

0

0

Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash Acquired

74,096

114,133

111,838

110,232

90,022

102,277

113,553

89,056

102,978

97,605

86,401

85,974

141,803

72,009

82,412

98,960

31,358

33,954

23,551

3,814

605,279

625,253

635,710

636,381

32,767

10,457

0

0

660

11,742

98,482

98,482

109,780

0

0

0

Purchases of property and equipment

35,028

37,141

31,507

32,270

31,686

32,018

37,259

36,118

35,530

33,374

28,575

25,258

27,540

28,864

30,207

29,500

25,265

24,315

23,967

24,559

23,134

22,117

19,459

17,016

15,725

14,012

15,489

14,460

16,045

15,314

12,545

14,024

13,080

0

0

0

Purchases of investments

47,407

36,957

69,905

66,268

59,065

57,438

14,377

13,167

11,875

10,851

11,260

13,294

36,761

36,334

85,226

79,420

92,808

90,689

43,830

56,191

21,175

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Settlements of derivative financial instruments not designated as hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

270

396

401

963

1,313

0

0

0

Purchases of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Maturities and sales of investments

59,324

72,518

49,718

36,083

33,118

14,077

14,229

8,421

8,721

14,656

30,092

56,734

89,342

120,402

116,920

98,886

71,457

33,275

19,342

18,782

13,653

120,183

168,610

179,170

178,820

0

0

0

-

-

-

-

-

-

-

-

Cash paid for capitalized software development costs

17,222

14,984

10,999

9,018

7,320

6,984

5,726

4,099

3,126

1,517

1,302

1,790

2,338

3,304

4,229

4,692

5,027

5,026

5,327

5,641

6,083

7,286

7,956

7,654

6,668

4,887

3,222

3,276

3,916

3,778

4,035

3,450

3,399

0

0

0

Change in restricted cash and bank time deposits, including long-term portion

14,215

-4,579

-4,582

18,761

21,304

20,655

22,000

-306

-362

-34,633

-570

-2,768

-3,007

37,447

1,288

-450

-11,133

-19,041

-15,468

11,599

36,291

0

0

0

-

-

-

-2,251

1,212

4,143

-4,173

1,166

-479

0

0

0

Net cash used in investing activities

-125,801

-125,588

-169,309

-199,910

-175,723

-207,043

-180,502

-135,481

-146,194

-94,407

-97,225

-67,163

-116,442

-61,288

-90,174

-116,968

-75,600

-100,194

-60,391

-81,548

-676,835

-592,624

-617,051

-640,167

-64,196

-164,805

-134,456

-78,458

-35,696

-35,128

-109,815

-117,840

-126,848

0

0

0

Cash flows from financing activities:
Proceeds from borrowings, net of original issuance discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,526,750

1,526,750

1,526,750

1,103,750

646,750

647,134

647,134

647,134

384

136

136

136

597,136

0

0

0

Repayments of borrowings and other financing obligations

6,478

6,337

6,449

6,292

5,983

25,669

25,187

431,768

431,888

411,857

412,366

4,554

3,308

2,036

468

306

309

335

356

642,715

1,361,852

1,363,594

1,365,571

727,139

586,126

601,214

600,812

598,573

22,035

7,165

7,249

5,925

587,549

0

0

0

Payments of Debt Issuance Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,164

0

0

0

-

-

-

7,189

217

213

401

1,324

15,276

0

0

0

Proceeds from exercises of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

232

4,754

9,250

11,596

17,606

17,545

16,832

15,449

10,896

7,266

3,859

3,267

2,605

4,851

5,153

8,376

12,474

0

0

0

Cash received in CTI Merger

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,370

10,370

10,370

10,370

0

0

0

0

-

-

-

-

Dividends or distributions paid to noncontrolling interest

5,488

4,598

4,304

3,649

4,409

3,348

3,348

3,348

3,304

3,137

3,137

3,137

2,421

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock

113,690

474

474

474

173

173

173

173

0

11,000

29,734

29,734

46,896

35,896

17,162

17,162

0

0

0

0

-

-

-

-

-

-

-

-

615

1,443

1,443

1,522

1,655

0

0

0

Payments of deferred purchase price and contingent consideration for business combinations (financing portion)

30,454

28,404

24,360

20,200

11,110

10,986

9,758

8,349

7,515

8,037

7,935

2,861

4,058

5,651

7,587

8,153

7,212

6,553

7,275

9,595

10,445

0

0

0

-

-

-

8,524

6,497

0

0

0

-

-

-

-

Other financing activities, net

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

35

0

0

0

Net cash provided used in financing activities

-111,322

-39,596

-35,366

-30,806

-21,881

-20,649

-19,543

-6,727

-5,503

-16,150

-34,918

-39,645

-56,919

-47,331

-28,738

-29,069

-10,204

-6,268

-3,966

14,772

395,713

396,051

396,756

363,376

54,534

36,361

33,078

43,308

-29,306

-10,956

-9,992

-2,931

2,078

0

0

0

Effect of foreign currency exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents

-1,823

-545

-1,470

-2,516

-3,158

-60

-57

4,090

4,251

1,424

-1,102

-7,550

-4,167

-8,833

-7,195

-3,225

-4,066

-4,668

-5,640

-5,828

-6,149

-2,058

1,781

1,780

23

606

520

-527

928

-702

-4,001

-3,491

-972

0

0

0

Net (decrease) increase in cash, cash equivalents, restricted cash, and restricted cash equivalents

-1,042

54,342

3,232

14,930

14,489

-15,949

-18,132

38,600

28,881

87,767

68,384

55,956

-5,113

23,569

33,929

2,877

67,033

79,925

119,518

133,712

-93,546

-45,125

-42,515

-68,848

168,645

45,432

55,934

66,332

59,311

79,615

-5,897

10,474

-19,244

0

0

0