VIASAT INC VSAT Cash Flow

Viasat inc (VSAT)

CashFlow / TTM

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	Sep'09	Jun'09
Cash flows from operating activities:
Net income (loss)
14,278	-7,049	-40,709	-66,469	-91,348	-106,232	-94,526	-68,275	-44,510	-14,267	10,364	21,767	21,905	27,227	21,408	21,770	24,819	29,659	48,731	39,891	28,964	8,220	-13,491	-8,657	-2,891	-17,545	-27,683	-40,629	-50,187	-24,455	-8,429	7,598	27,177	34,986	34,618	36,424	34,520	24,656	25,947	30,839	0	0	0
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation
274,677	268,443	267,298	262,289	252,792	237,772	223,406	210,441	203,016	201,804	201,742	200,686	199,526	198,631	196,653	193,086	191,428	187,172	182,621	179,542	173,902	169,236	165,989	159,089	152,878	146,993	139,205	134,133	128,742	117,866	108,289	101,507	93,411	90,646	87,592	83,629	81,921	68,455	52,869	37,373	0	0	0
Amortization of intangible assets
60,940	59,249	57,530	56,324	54,589	50,342	46,108	45,211	45,884	47,107	48,117	45,236	43,786	46,836	48,110	48,990	48,755	46,821	44,516	41,891	38,823	32,446	28,567	25,975	23,327	23,036	23,364	23,038	24,248	24,131	23,458	24,004	22,272	21,611	20,915	19,424	19,390	16,400	12,687	9,582	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-36,558	-23,241	-24,961	-9,412	-218	-657	-5,387	-6,286	-5,003	3,237	4,932	16,580	12,420	1,431	3,284	-24,354	-27,182	-40,424	-54,485	-45,728	-50,728	0	0	0	-	-	-	-	-4,098	0	0	0	-	-	0	0
Stock-based compensation expense
85,099	83,399	81,699	79,599	78,145	75,555	72,138	68,545	64,952	61,847	58,521	55,775	53,117	50,645	49,562	47,510	45,597	43,674	41,158	39,353	37,346	35,923	35,053	33,639	31,990	30,289	27,906	27,035	26,014	24,827	23,826	21,382	19,528	18,106	17,448	17,440	16,490	15,431	13,817	12,212	0	0	0
Loss on disposition of fixed assets
-37,161	-39,498	-42,542	-41,957	-45,584	-41,150	-36,331	-32,978	-34,204	-35,472	-36,539	-35,431	-34,975	-33,910	-32,449	-33,960	-33,023	-31,755	-32,382	-31,997	-34,114	-36,399	-36,930	-33,752	-29,631	-23,031	-16,313	-12,109	-9,187	-7,436	-6,317	-5,814	-5,801	-6,996	-7,240	-6,999	0	0	0	-	-	-	-
Other non-cash adjustments
-36,997	-47,213	-42,264	-18,483	25,710	30,123	25,058	-6,883	-7,626	-9,376	-10,050	-10,018	-10,376	-10,155	-9,265	-8,957	-6,901	-6,190	-6,053	-4,778	-5,027	-5,946	-6,131	-6,153	-5,706	-4,423	-4,336	-4,301	-4,157	-3,381	-2,705	-1,793	-452	-508	-1,202	-503	2,051	-2,888	-1,616	-2,483	0	0	0
Increase (decrease) in cash resulting from changes in operating assets and liabilities, net of effect of acquisition:
Accounts receivable
30,795	34,620	75,705	46,108	80,974	30,691	34,814	12,439	-19,024	-17,234	-40,633	-16,071	1,840	-21,225	-25,761	26,342	-2,750	30,010	20,694	-3,745	-12,635	8,608	20,419	9,219	48,982	44,538	41,043	57,124	54,387	34,125	46,282	21,026	9,508	27,572	13,760	14,138	-10,737	-47,445	-32,699	1,117	0	0	0
Inventories
52,240	36,511	43,600	36,593	45,664	59,280	44,614	37,562	26,782	22,767	15,842	12,386	16,352	24,351	35,369	26,749	18,832	-1,370	-3,804	1,217	-2,514	173	5,315	11,422	-3,507	-8,109	-17,262	-21,233	-4,182	9,873	12,954	25,271	30,954	30,869	31,083	14,030	14,060	11,372	12,857	9,367	0	0	0
Other assets
-17,156	-1,019	5,132	2,349	16,467	17,469	28,584	25,975	29,074	27,629	14,627	15,259	9,772	4,875	7,527	3,335	17,738	26,847	25,451	16,328	2,778	3,524	3,809	6,561	13,610	7,276	11,549	15,471	5,111	444	8,687	9,266	9,502	14,301	3,967	-3,151	4,278	-4,605	-3,353	-1,504	0	0	0
Accounts payable
-1,564	-20,040	-9,197	-5,714	30,933	60,155	43,340	32,503	14,603	2,104	8,089	972	6,082	77	-9,699	5,250	-8,817	-626	-1,325	862	-17,185	-30,343	-27,602	-7,404	14,430	19,884	21,252	4,564	15,296	19,353	13,601	7,679	6,074	2,441	9,568	6,644	-10,897	4,379	-2,006	2,965	0	0	0
Accrued liabilities
35,540	58,790	51,252	71,478	95,611	64,454	66,920	60,042	30,785	40,619	61,023	48,039	44,876	23,277	15,069	-337	-10,146	9,741	-1,436	20,017	34,836	17,342	24,153	17,730	24,005	7,819	5,671	9,406	31,684	42,438	44,074	33,280	4,377	15,556	22,165	32,441	21,448	17,193	17,475	20,612	0	0	0
Other liabilities
-27,262	-16,052	-4,229	-1,533	9,900	13,708	15,084	72,622	74,478	69,341	67,637	5,166	4,104	3,696	1,673	-820	-3,404	-5,311	-6,348	-7,435	-7,962	-5,268	-3,604	-753	-2,001	-1,083	1,715	6,123	14,931	14,564	11,631	7,285	-6,129	-7,085	-5,336	-4,772	3,857	3,342	1,676	637	0	0	0
Net cash provided by operating activities
406,252	399,551	320,201	327,551	290,699	284,099	258,793	358,633	381,214	405,497	502,834	411,298	390,126	381,066	341,069	296,937	297,573	298,520	320,591	349,516	341,667	260,880	198,229	205,140	177,566	152,465	144,829	91,798	125,622	159,750	133,331	141,449	111,270	97,317	139,848	169,617	177,995	207,720	156,393	112,546	0	0	0
Cash flows from investing activities:
Purchase of property, equipment and satellites
693,241	632,947	656,337	636,855	649,111	638,473	548,447	511,634	478,831	461,286	503,935	514,692	484,915	500,410	432,517	377,894	376,760	366,391	346,933	366,492	335,696	284,461	320,108	307,625	300,976	262,425	212,443	176,295	165,988	146,312	205,288	204,973	215,722	232,080	203,546	208,285	200,844	188,277	144,115	134,543	0	0	0
Cash paid for patents, licenses and other assets
67,078	63,718	59,746	49,965	50,104	57,576	66,755	72,853	70,202	69,505	68,216	70,966	76,249	78,678	76,589	72,731	68,105	61,426	57,593	52,686	48,327	46,646	44,923	44,461	39,600	34,477	30,719	25,270	25,825	28,105	26,257	24,049	21,566	15,854	16,254	15,986	15,316	16,337	14,640	13,796	0	0	0
Proceeds from insurance claims on ViaSat-2 satellite
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments related to acquisition of business, net of cash acquired
-	-	-	2,339	0	0	0	-	-	-	-	-	-	-	-	4,402	4,739	4,444	4,444	57,376	56,545	56,545	56,545	2,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-744,542	-553,076	-514,335	-489,419	-515,314	-639,960	-617,272	-584,487	-661,203	-659,489	-700,994	-715,005	-580,093	-581,784	-511,657	-456,285	-449,604	-432,261	-408,970	-476,554	-440,568	-387,652	-421,576	-354,486	-342,976	-299,302	-245,562	-201,565	-191,813	-174,417	-231,545	-229,022	-237,288	-247,934	-233,256	-237,727	-227,468	-588,759	-529,444	-519,028	0	0	0
Payment of debt issuance costs
0	0	0	-	-	-	-	-	-	-	-	6,677	6,714	6,620	6,359	840	0	0	0	-	-	-	-	-	-	-	-	8,059	13,765	7,921	7,921	5,706	0	0	0	-	-	-	-	12,781	0	0	0
Proceeds from issuance of common stock under equity plans
40,828	42,259	43,052	26,330	24,028	22,381	26,575	26,165	25,732	22,787	22,939	22,403	24,394	25,374	23,848	22,309	21,731	24,298	20,581	23,202	24,630	18,022	18,129	18,617	27,265	27,867	34,645	31,001	24,484	27,229	19,507	19,341	16,376	16,331	24,669	26,398	0	0	0	-	-	-	-
Purchase of common stock in treasury (immediately retired) related to tax withholdings for stock-based compensation
28,986	25,403	25,185	28,826	28,651	28,274	28,244	24,206	24,183	21,649	21,664	21,670	21,491	17,562	17,803	16,397	16,462	15,337	14,944	14,788	15,141	15,699	15,690	15,588	15,339	6,949	6,665	8,412	8,362	7,343	7,306	7,451	7,366	6,246	6,229	5,880	13,534	10,911	10,870	10,326	0	0	0
Proceeds from common stock issued in public offering, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,533	0	0	0
Incremental tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Other financing activities
-2,291	-7,762	-8,159	-10,280	-10,284	-4,945	-3,820	-1,816	-1,923	-1,798	-1,798	-1,802	-1,788	-1,659	-1,788	-1,784	-1,589	-2,588	-3,094	-3,107	-4,075	-3,144	-3,501	-3,690	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
342,438	190,573	270,451	354,617	108,469	165,243	252,494	165,776	156,768	445,706	312,416	392,784	411,369	205,753	175,673	149,122	118,430	138,577	73,192	121,464	155,414	101,667	201,426	101,827	94,089	77,794	50,540	42,948	133,201	114,791	202,334	219,798	126,340	132,712	61,532	18,610	27,424	350,687	326,035	432,093	0	0	0
Effect of exchange rate changes on cash
265	-1,630	-1,223	-2,494	-2,310	-463	218	1,426	99	-281	-952	-1,067	-323	-166	-327	51	-179	-359	-459	-510	-231	-69	379	128	16	28	-17	-26	-185	-13	-341	-132	156	131	658	359	297	249	75	529	0	0	0
Net decrease in cash and cash equivalents
-	-	0	-	-	-	0	-	-	-	113,304	88,010	221,079	4,869	4,758	-10,175	-33,780	4,477	-15,646	-6,084	56,282	-25,174	-21,542	-47,391	-71,305	-69,015	-50,210	-66,845	66,825	100,111	103,779	132,093	478	-17,774	-31,218	-49,141	-21,752	-30,103	-46,941	26,140	0	0	0
Non-cash investing and financing activities:
Issuance of common stock in satisfaction of certain accrued employee compensation liabilities
22,829	22,829	22,829	32,129	32,129	32,129	32,129	16,409	16,409	16,409	16,409	13,080	13,080	13,080	13,080	11,609	11,609	11,609	11,609	10,194	10,194	10,194	10,194	8,018	8,018	8,018	8,018	7,060	7,060	7,060	7,060	6,340	6,340	6,340	6,340	5,096	5,096	5,096	5,096	5,090	0	0	0
Capital expenditures not paid for
30,842	37,918	43,232	40,619	48,300	34,870	54,289	41,149	45,981	22,893	2,512	29,813	20,621	57,762	74,028	60,796	49,272	22,974	14,268	6,584	18,945	12,827	11,585	30,237	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revolving Credit Facility [Member]
Proceeds from credit facility borrowings
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130,000	0	0	0	-	-	-	-	263,000	0	0	0
Payments of credit facility borrowings
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,000	0	0	0	-	-	-	-
Ex-Im Credit Facility [Member]
Payments of credit facility borrowings
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-