Avid Tech Inc (AVID)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 09-2023 | 06-2023 | 03-2023 | 12-2022 | 09-2022 | |
| Cash Flows From Operating Activities | |||||
| Net Income | -12,311 | -4,977 | -381 | 55,241 | 29,981 |
| Depreciation Amortization | 7,601 | 4,852 | 2,297 | 8,324 | 6,023 |
| Income taxes - deferred | 134 | -498 | -259 | -10,649 | 1,238 |
| Accounts receivable | 20,566 | 18,200 | 14,036 | -859 | 20,896 |
| Accounts payable and accrued liabilities | -6,376 | 5,886 | 4,177 | 19,049 | 8,050 |
| Other Working Capital | -45,300 | -33,193 | -10,088 | -23,279 | -22,227 |
| Other Operating Activity | 7,871 | -6,447 | -12,338 | 192 | -18,398 |
| Operating Cash Flow | $-27,815 | $-16,177 | $-2,556 | $48,019 | $25,563 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -13,798 | -10,008 | -3,931 | -15,251 | -11,067 |
| Investing Cash Flow | $-13,798 | $-10,008 | $-3,931 | $-15,251 | $-11,067 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | 40,000 | 35,000 | N/A | 44,000 | 19,000 |
| Debt Issued | N/A | N/A | N/A | 20,000 | N/A |
| Debt Repayment | -5,150 | -4,841 | -2,410 | -6,871 | -4,515 |
| Common Stock Issued | 486 | 486 | N/A | 928 | 468 |
| Common Stock Repurchased | -8,021 | -7,097 | -5,412 | -65,815 | -52,807 |
| Other Financing Activity | 0 | 0 | 0 | -44,942 | -440 |
| Financing Cash Flow | $27,315 | $23,548 | $-7,822 | $-52,700 | $-38,294 |
| Exchange Rate Effect | -1,523 | -645 | -83 | -1,772 | -1,809 |
| Beginning Cash Position | 38,852 | 38,852 | 38,852 | 60,556 | 60,556 |
| End Cash Position | 23,031 | 35,570 | 24,460 | 38,852 | 34,949 |
| Net Cash Flow | $-15,821 | $-3,282 | $-14,392 | $-21,704 | $-25,607 |
| Free Cash Flow | |||||
| Operating Cash Flow | -27,815 | -16,177 | -2,556 | 48,019 | 25,563 |
| Capital Expenditure | -13,798 | -10,008 | -3,931 | -15,251 | -11,067 |
| Free Cash Flow | -41,613 | -26,185 | -6,487 | 32,768 | 14,496 |