Avid Tech Inc (AVID)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2022 | 12-2021 | 12-2020 | 12-2019 | 12-2018 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 55,241 | 41,388 | 11,062 | 7,601 | -10,674 |
| Depreciation Amortization | 8,324 | 8,254 | 8,505 | 13,634 | 21,142 |
| Income taxes - deferred | -10,649 | 1,591 | 827 | -6,309 | 113 |
| Accounts receivable | -859 | 875 | -6,124 | -6,227 | -6,689 |
| Accounts payable and accrued liabilities | 19,049 | 5,032 | -18,141 | 626 | 9,148 |
| Other Working Capital | -23,279 | 2,676 | -3,068 | -13,443 | -10,210 |
| Other Operating Activity | 192 | 2,673 | 46,494 | 23,759 | 12,992 |
| Operating Cash Flow | $48,019 | $62,489 | $39,555 | $19,641 | $15,822 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -15,251 | -6,819 | -5,692 | -7,185 | -9,936 |
| Purchase Of Investment | N/A | N/A | N/A | N/A | 19 |
| Investing Cash Flow | $-15,251 | $-6,819 | $-5,692 | $-7,185 | $-9,917 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | 44,000 | N/A | 22,000 | N/A | N/A |
| Debt Issued | 20,000 | 180,000 | 7,800 | 79,292 | 22,688 |
| Debt Repayment | -6,871 | -210,456 | -2,250 | -1,438 | -18,451 |
| Common Stock Issued | 928 | 808 | 547 | 309 | 355 |
| Common Stock Repurchased | -65,815 | -44,344 | -2,365 | -3,586 | -998 |
| Other Financing Activity | -44,942 | -3,743 | -50,281 | -82,221 | -1,058 |
| Financing Cash Flow | $-52,700 | $-77,735 | $-24,549 | $-7,644 | $2,536 |
| Exchange Rate Effect | -1,772 | -1,016 | 1,748 | -331 | -780 |
| Beginning Cash Position | 60,556 | 83,637 | 72,575 | 68,094 | 60,433 |
| End Cash Position | 38,852 | 60,556 | 83,637 | 72,575 | 68,094 |
| Net Cash Flow | $-21,704 | $-23,081 | $11,062 | $4,481 | $7,661 |
| Free Cash Flow | |||||
| Operating Cash Flow | 48,019 | 62,489 | 39,555 | 19,641 | 15,822 |
| Capital Expenditure | -15,251 | -6,819 | -5,692 | -7,185 | -9,936 |
| Free Cash Flow | 32,768 | 55,670 | 33,863 | 12,456 | 5,886 |