Avid Technology
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Avid Technology generated cash of $48,019,000, which is less than the previous year. Cash used in financing activities reached the amount of -$52,700,000 last year. Net change in cash is therefore -$21,704,000.
Cash Flow
| 2013 | -9.14M | -11.53M | -96K |
|---|---|---|---|
| 2014 | -9.89M | -11.8M | -436K |
| 2015 | -34.02M | -81.79M | 109.55M |
| 2016 | -49.19M | -15.57M | 91.45M |
| 2017 | 8.93M | -6.12M | 8.37M |
| 2018 | 15.82M | -9.91M | 2.53M |
| 2019 | 19.64M | -7.18M | -7.64M |
| 2020 | 39.55M | -5.69M | -24.54M |
| 2021 | 62.48M | -6.81M | -77.73M |
| 2022 | 48.01M | -15.25M | -52.7M |
AVID Cash Flow Statement (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 60.55M | 83.63M | 72.57M | 68.09M | 60.43M | 44.94M | 17.90M | 25.05M | 48.20M | 70.39M |
Operating activities | ||||||||||
Net income | 55.24M | 41.38M | 11.06M | 7.60M | -10.67M | -13.55M | 48.21M | 2.48M | 14.72M | 21.15M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 8.32M | 8.25M | 8.50M | 13.63M | 21.14M | 22.33M | 25.47M | 20.08M | 17.95M | 22.76M |
Stock-based compensation expense | 16.55M | 13.73M | 10.66M | 7.95M | 6.25M | 8.31M | 7.91M | 9.51M | 11.51M | 6.91M |
| Deferred income tax benefit | 16.55M | 13.73M | 10.66M | 7.95M | 6.25M | 8.31M | 7.91M | 9.51M | 11.51M | 6.91M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -859K | 875K | -6.12M | -6.22M | -6.68M | 3.8M | 14.32M | 2.44M | 2.25M | 11.03M |
Inventories | -1.05M | 6.64M | 2.59M | 3.79M | -551K | 12.28M | -2.62M | 3.05M | 12.12M | 9.02M |
Accounts payable | 19.04M | 5.03M | -18.14M | 626K | 9.14M | 3.60M | -18.95M | 11.23M | -947K | -1.41M |
Cash generated by operating activities | 48.01M | 62.48M | 39.55M | 19.64M | 15.82M | 8.93M | -49.19M | -34.02M | -9.89M | -9.14M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -15.25M | -6.81M | -5.69M | -7.18M | -9.93M | -7.87M | -11.00M | -15.33M | -13.29M | -11.62M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -65.96M | 1.5M | 0 |
Cash generated by investing activities | -15.25M | -6.81M | -5.69M | -7.18M | -9.91M | -6.12M | -15.57M | -81.79M | -11.8M | -11.53M |
Financing activities | ||||||||||
Common Stock Issued | 928K | 808K | 547K | 309K | 355K | 445K | 6.18M | 5.03M | 252K | 3.23M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -65.81M | -44.34M | -2.36M | -3.58M | -998K | -1.32M | -941K | -9.55M | -688K | -273K |
Repayments of term debt | 0 | -210.45M | -53.11M | 0 | -18.50M | 0 | -33.75M | 0 | -25.5M | 0 |
Cash used in financing activities | -52.7M | -77.73M | -24.54M | -7.64M | 2.53M | 8.37M | 91.45M | 109.55M | -436K | -96K |
Net Change In Cash | -21.70M | -23.08M | 11.06M | 4.48M | 7.66M | 12.27M | 27.04M | -7.15M | -23.14M | -22.18M |
Cash at end of period | 38.85M | 60.55M | 83.63M | 72.57M | 68.09M | 57.22M | 44.94M | 17.90M | 25.05M | 48.20M |
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