CSGS · As filed with the SEC
CSG Systems International cash flow statement, by fiscal year
The statement as CSG Systems International presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD
| USD | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income | — | 86,852,000 | 66,246,000 | 44,060,000 | 72,331,000 | 58,711,000 | 82,770,000 | 66,130,000 |
| Net Income | 55,881,000 | — | — | — | — | — | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities- | ||||||||
| Depreciation | 18,979,000 | 22,061,000 | 23,585,000 | 27,967,000 | 24,835,000 | 22,926,000 | 21,422,000 | 18,304,000 |
| Amortization | — | — | — | — | — | — | — | 44,328,000 |
| Amortization | 53,480,000 | 50,447,000 | 47,667,000 | 48,984,000 | 47,966,000 | 43,947,000 | 45,700,000 | — |
| Amortization of original issue discount | — | — | 0 | 0 | 3,021,000 | 2,983,000 | 2,819,000 | 2,664,000 |
| Loss on debt extinguishment | 453,000 | — | 0 | 0 | 132,000 | — | — | 810,000 |
| Loss on acquisition of controlling interest | — | — | 0 | 0 | 6,180,000 | — | — | — |
| Asset impairments | 251,000 | 717,000 | 2,061,000 | 31,761,000 | 1,270,000 | 11,030,000 | 438,000 | 1,851,000 |
| Gain on lease modifications | 0 | (174,000) | (4,349,000) | — | — | — | — | — |
| (Gain)/loss on short-term investments and other | — | — | 0 | 18,000 | (294,000) | (123,000) | (364,000) | (101,000) |
| (Gain) loss on unrealized foreign currency transactions and other, net | — | (525,000) | 225,000 | (103,000) | — | — | — | — |
| Loss on derivative liability upon debt conversion | — | 0 | 0 | 7,456,000 | — | — | — | — |
| (Gain) loss on unrealized foreign currency transactions and other, net | 655,000 | — | — | — | — | — | — | — |
| Deferred income taxes | (9,240,000) | (16,503,000) | (23,560,000) | (27,627,000) | 2,388,000 | (1,033,000) | (77,000) | 4,913,000 |
| Stock-based compensation | 45,264,000 | 33,564,000 | 28,990,000 | 27,243,000 | 21,400,000 | 25,237,000 | 19,919,000 | 19,358,000 |
| Changes in operating assets and liabilities, net of acquired amounts: | ||||||||
| Trade accounts receivable, net | (24,798,000) | 4,134,000 | (22,401,000) | (51,005,000) | (10,702,000) | 14,659,000 | (4,015,000) | (138,000) |
| Other current and non-current assets and liabilities | (14,664,000) | (13,042,000) | (6,566,000) | (12,833,000) | (1,527,000) | (10,688,000) | (17,727,000) | (23,179,000) |
| Income taxes payable/receivable | (7,839,000) | 2,126,000 | (1,849,000) | 9,336,000 | (10,174,000) | 5,405,000 | 4,771,000 | 5,055,000 |
| Trade accounts payable and accrued liabilities | 41,438,000 | (38,486,000) | 12,541,000 | (36,971,000) | (15,607,000) | (5,752,000) | (10,317,000) | (7,146,000) |
| Deferred revenue | (3,921,000) | 4,546,000 | 9,306,000 | (4,689,000) | (996,000) | 5,718,000 | 5,737,000 | 10,492,000 |
| Net cash provided by operating activities | 155,939,000 | 135,717,000 | 131,896,000 | 63,597,000 | 140,223,000 | 173,020,000 | 151,076,000 | 143,341,000 |
| Cash flows from investing activities: | ||||||||
| Purchases of software, property and equipment | (14,548,000) | (22,421,000) | (27,977,000) | (36,991,000) | (26,562,000) | (29,397,000) | (37,319,000) | (57,104,000) |
| Purchases of short-term investments | — | — | 0 | 0 | (66,970,000) | (81,824,000) | (54,258,000) | (75,022,000) |
| Proceeds from sale of software, property, and equipment | 412,000 | — | — | — | — | — | — | — |
| Proceeds from sale/maturity of short-term investments | 0 | 0 | 71,000 | 27,953,000 | 90,452,000 | 56,454,000 | 52,135,000 | 190,778,000 |
| Business combinations, net of cash and settlement assets acquired of $46,432 in 2024 | 0 | 17,293,000 | 0 | 0 | (63,626,000) | (11,491,000) | (17,194,000) | (144,791,000) |
| Net cash used in investing activities | (14,136,000) | (5,128,000) | (27,906,000) | (9,038,000) | (66,706,000) | (66,258,000) | (56,636,000) | (86,139,000) |
| Cash flows from financing activities: | ||||||||
| Proceeds from issuance of common stock | 2,473,000 | 3,072,000 | 3,284,000 | 2,969,000 | 2,610,000 | 2,523,000 | 2,227,000 | 2,311,000 |
| Payments of cash dividends | (37,396,000) | (26,608,000) | (33,930,000) | (33,475,000) | (32,587,000) | (31,056,000) | (29,126,000) | (27,979,000) |
| Repurchases of common stock | (83,177,000) | (67,745,000) | (127,065,000) | (96,720,000) | (42,253,000) | (38,123,000) | (30,918,000) | (34,726,000) |
| Exercise of common stock warrants | — | — | — | — | — | — | (12,911,000) | — |
| Deferred acquisition payments | — | — | — | (2,314,000) | — | — | — | — |
| Deferred acquisition payments | (314,000) | (2,488,000) | (3,220,000) | — | — | — | — | — |
| Proceeds from long-term debt | 150,625,000 | 15,000,000 | 470,000,000 | 290,000,000 | 150,000,000 | — | — | 150,000,000 |
| Payments on long-term debt | (151,250,000) | (22,500,000) | (327,500,000) | (264,801,000) | (128,438,000) | (10,313,000) | (7,500,000) | (125,625,000) |
| Purchase of capped call transactions related to convertible notes | 0 | 0 | (34,298,000) | — | — | — | — | — |
| Payments of deferred financing costs | — | 0 | — | — | — | — | — | — |
| Payments of debt financing costs | (2,258,000) | — | — | — | — | — | — | — |
| Payments on financing obligations | (6,194,000) | (2,538,000) | (14,539,000) | 0 | (3,000,000) | — | — | (1,490,000) |
| Settlement and merchant reserve activity | 6,047,000 | 23,884,000 | 35,963,000 | 52,656,000 | 20,277,000 | — | — | — |
| Net cash used in financing activities | (121,444,000) | (79,923,000) | (31,305,000) | (51,685,000) | (33,391,000) | (76,969,000) | (78,228,000) | (37,509,000) |
| Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash | 5,064,000 | (7,779,000) | 2,173,000 | (5,758,000) | (2,954,000) | 2,358,000 | 1,059,000 | (2,659,000) |
| Net increase in cash, cash equivalents, and restricted cash | 25,423,000 | 42,887,000 | 74,858,000 | (2,884,000) | 37,172,000 | 32,151,000 | 17,271,000 | 17,034,000 |
| Cash, cash equivalents and restricted cash, beginning of period | 506,763,000 | 463,876,000 | 389,018,000 | 391,902,000 | 354,730,000 | 156,548,000 | 139,277,000 | 122,243,000 |
| Cash, cash equivalents and restricted cash, end of period | 532,186,000 | 506,763,000 | 463,876,000 | 389,018,000 | 391,902,000 | 188,699,000 | 156,548,000 | 139,277,000 |
| Supplemental disclosures of cash flow information: | ||||||||
| Cash paid during the period for- | ||||||||
| Interest | 25,391,000 | 27,119,000 | 24,730,000 | 18,314,000 | 12,882,000 | 13,681,000 | 16,064,000 | 15,857,000 |
| Income taxes | 52,212,000 | 39,944,000 | 51,675,000 | 34,671,000 | 36,690,000 | 22,431,000 | 18,358,000 | 10,426,000 |
| Non-cash investing and financing activities- | ||||||||
| Software, property, and equipment included in current and non-current liabilities | 11,376,000 | 8,469,000 | — | — | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.