Shutterstock Inc
NYSE:SSTK
Cash Flow Statement
Cash Flow Statement
Shutterstock Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
27
|
26
|
24
|
23
|
22
|
20
|
21
|
20
|
20
|
23
|
24
|
30
|
33
|
33
|
29
|
25
|
17
|
43
|
39
|
42
|
55
|
30
|
33
|
31
|
20
|
17
|
33
|
50
|
72
|
97
|
108
|
101
|
92
|
89
|
79
|
86
|
76
|
82
|
113
|
118
|
110
|
|
Depreciation & Amortization |
4
|
5
|
6
|
7
|
8
|
9
|
11
|
13
|
15
|
16
|
17
|
19
|
20
|
23
|
26
|
31
|
36
|
39
|
43
|
45
|
46
|
47
|
49
|
49
|
50
|
49
|
46
|
44
|
41
|
41
|
40
|
44
|
49
|
54
|
60
|
65
|
69
|
72
|
75
|
78
|
80
|
|
Change in Deffered Taxes |
16
|
17
|
16
|
(4)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(3)
|
(1)
|
(4)
|
2
|
2
|
1
|
10
|
13
|
9
|
8
|
2
|
(6)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
0
|
(1)
|
1
|
1
|
2
|
2
|
(2)
|
(3)
|
(7)
|
(9)
|
(11)
|
(10)
|
(7)
|
(25)
|
(26)
|
|
Stock-Based Compensation |
6
|
8
|
13
|
18
|
24
|
28
|
29
|
31
|
29
|
29
|
28
|
27
|
28
|
27
|
27
|
27
|
25
|
25
|
24
|
23
|
24
|
23
|
24
|
24
|
23
|
24
|
20
|
23
|
28
|
31
|
37
|
37
|
36
|
36
|
33
|
34
|
36
|
37
|
44
|
48
|
49
|
|
Other Non-Cash Items |
6
|
2
|
5
|
11
|
12
|
23
|
26
|
29
|
37
|
39
|
41
|
39
|
32
|
21
|
21
|
22
|
20
|
(13)
|
(8)
|
(9)
|
(8)
|
29
|
24
|
24
|
23
|
25
|
22
|
25
|
31
|
33
|
39
|
38
|
36
|
36
|
34
|
35
|
58
|
59
|
25
|
19
|
0
|
|
Cash Taxes Paid |
14
|
13
|
0
|
0
|
0
|
2
|
8
|
12
|
15
|
17
|
19
|
19
|
19
|
17
|
11
|
7
|
5
|
1
|
2
|
1
|
1
|
3
|
2
|
2
|
2
|
2
|
1
|
3
|
9
|
12
|
(2)
|
21
|
19
|
17
|
41
|
24
|
23
|
17
|
18
|
20
|
33
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
|
Change in Working Capital |
4
|
9
|
24
|
46
|
46
|
40
|
33
|
27
|
21
|
13
|
7
|
21
|
14
|
18
|
24
|
10
|
23
|
33
|
24
|
26
|
16
|
(1)
|
8
|
9
|
12
|
2
|
(8)
|
8
|
20
|
22
|
48
|
42
|
41
|
27
|
3
|
(24)
|
(34)
|
(1)
|
(11)
|
(23)
|
(23)
|
|
Cash from Operating Activities |
56
N/A
|
58
+3%
|
75
+30%
|
83
+11%
|
83
-1%
|
89
+7%
|
86
-3%
|
83
-4%
|
87
+5%
|
87
N/A
|
89
+2%
|
104
+17%
|
101
-3%
|
96
-4%
|
100
+3%
|
96
-4%
|
108
+13%
|
112
+4%
|
106
-6%
|
105
-1%
|
102
-3%
|
101
-1%
|
111
+10%
|
111
0%
|
103
-7%
|
90
-12%
|
92
+3%
|
126
+36%
|
165
+31%
|
194
+18%
|
236
+22%
|
227
-4%
|
216
-5%
|
203
-6%
|
169
-17%
|
152
-10%
|
159
+4%
|
203
+28%
|
196
-4%
|
168
-14%
|
141
-16%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(14)
|
(24)
|
(26)
|
(26)
|
(18)
|
(9)
|
(9)
|
(12)
|
(14)
|
(20)
|
(24)
|
(31)
|
(40)
|
(46)
|
(50)
|
(51)
|
(55)
|
(57)
|
(52)
|
(47)
|
(35)
|
(27)
|
(26)
|
(25)
|
(26)
|
(27)
|
(26)
|
(27)
|
(26)
|
(26)
|
(27)
|
(58)
|
(60)
|
(63)
|
(65)
|
(42)
|
(47)
|
(47)
|
(49)
|
(47)
|
(45)
|
|
Other Items |
(56)
|
(65)
|
(65)
|
(60)
|
(11)
|
(64)
|
(64)
|
(68)
|
(58)
|
(4)
|
(4)
|
(8)
|
(16)
|
(9)
|
(9)
|
(27)
|
(2)
|
26
|
26
|
43
|
22
|
(2)
|
(2)
|
(0)
|
(1)
|
(4)
|
(4)
|
(4)
|
(10)
|
(82)
|
(84)
|
(198)
|
(191)
|
(119)
|
(335)
|
(224)
|
(229)
|
(232)
|
(53)
|
(33)
|
(10)
|
|
Cash from Investing Activities |
(70)
N/A
|
(89)
-27%
|
(91)
-2%
|
(85)
+6%
|
(29)
+66%
|
(73)
-152%
|
(74)
-1%
|
(79)
-8%
|
(72)
+9%
|
(23)
+68%
|
(28)
-21%
|
(39)
-37%
|
(56)
-46%
|
(55)
+2%
|
(59)
-7%
|
(78)
-32%
|
(57)
+26%
|
(31)
+46%
|
(27)
+14%
|
(4)
+85%
|
(13)
-228%
|
(29)
-127%
|
(28)
+5%
|
(25)
+8%
|
(27)
-8%
|
(30)
-11%
|
(30)
+1%
|
(30)
-1%
|
(35)
-16%
|
(108)
-206%
|
(111)
-3%
|
(256)
-130%
|
(250)
+2%
|
(182)
+27%
|
(400)
-120%
|
(266)
+33%
|
(276)
-4%
|
(279)
-1%
|
(101)
+64%
|
(80)
+21%
|
(54)
+32%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
73
|
75
|
75
|
9
|
12
|
13
|
13
|
12
|
(6)
|
(35)
|
(53)
|
(50)
|
(50)
|
(48)
|
(34)
|
(37)
|
(23)
|
2
|
3
|
3
|
3
|
2
|
1
|
5
|
5
|
5
|
6
|
25
|
24
|
26
|
26
|
(2)
|
(24)
|
(64)
|
(83)
|
(94)
|
(72)
|
(33)
|
(19)
|
(19)
|
(28)
|
|
Net Issuance of Debt |
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
50
|
50
|
50
|
0
|
(20)
|
(20)
|
(20)
|
|
Cash Paid for Dividends |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(105)
|
(105)
|
0
|
0
|
0
|
0
|
(6)
|
(12)
|
(18)
|
(24)
|
(26)
|
(28)
|
(29)
|
(31)
|
(32)
|
(33)
|
(34)
|
(35)
|
(36)
|
(37)
|
(38)
|
(39)
|
|
Other |
0
|
7
|
8
|
8
|
13
|
7
|
6
|
5
|
0
|
2
|
(4)
|
(2)
|
(3)
|
(11)
|
(8)
|
(11)
|
(11)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(5)
|
(5)
|
(5)
|
(5)
|
(16)
|
(21)
|
(22)
|
(23)
|
(28)
|
(24)
|
(24)
|
(23)
|
(16)
|
(16)
|
(16)
|
(16)
|
|
Cash from Financing Activities |
67
N/A
|
82
+22%
|
84
+2%
|
17
-79%
|
25
+45%
|
19
-22%
|
19
-1%
|
17
-12%
|
(6)
N/A
|
(35)
-509%
|
(58)
-67%
|
(54)
+8%
|
(53)
+1%
|
(59)
-11%
|
(42)
+29%
|
(48)
-14%
|
(34)
+29%
|
(5)
+86%
|
(4)
+9%
|
(109)
-2 502%
|
(110)
0%
|
(111)
-1%
|
(112)
-1%
|
(3)
+97%
|
(2)
+43%
|
(6)
-229%
|
(12)
-107%
|
2
N/A
|
(5)
N/A
|
(16)
-252%
|
(23)
-44%
|
(53)
-125%
|
(78)
-47%
|
(124)
-59%
|
(89)
+28%
|
(102)
-14%
|
(80)
+22%
|
(85)
-6%
|
(92)
-9%
|
(92)
0%
|
(103)
-11%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
(0)
|
(1)
|
(3)
|
(1)
|
(2)
|
(2)
|
1
|
(3)
|
(3)
|
(8)
|
(7)
|
2
|
5
|
13
|
13
|
4
|
2
|
(2)
|
(6)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(3)
|
(3)
|
(7)
|
(9)
|
(2)
|
(1)
|
1
|
3
|
2
|
|
Net Change in Cash |
53
N/A
|
51
-4%
|
68
+34%
|
15
-78%
|
78
+414%
|
33
-58%
|
31
-6%
|
19
-39%
|
8
-58%
|
30
+282%
|
(1)
N/A
|
9
N/A
|
(16)
N/A
|
(24)
-49%
|
0
N/A
|
(25)
N/A
|
29
N/A
|
89
+206%
|
79
-11%
|
(7)
N/A
|
(23)
-246%
|
(45)
-99%
|
(31)
+31%
|
79
N/A
|
72
-8%
|
53
-27%
|
50
-6%
|
95
+92%
|
123
+29%
|
68
-44%
|
100
+47%
|
(82)
N/A
|
(115)
-39%
|
(106)
+8%
|
(327)
-209%
|
(224)
+31%
|
(199)
+11%
|
(162)
+18%
|
3
N/A
|
(1)
N/A
|
(15)
-1 366%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
42
N/A
|
34
-19%
|
50
+44%
|
58
+17%
|
65
+12%
|
80
+22%
|
77
-3%
|
71
-7%
|
73
+3%
|
67
-8%
|
64
-5%
|
73
+14%
|
61
-17%
|
51
-16%
|
50
-1%
|
45
-10%
|
53
+17%
|
55
+5%
|
53
-4%
|
58
+9%
|
67
+16%
|
74
+9%
|
85
+16%
|
86
+0%
|
77
-11%
|
63
-17%
|
66
+4%
|
99
+50%
|
140
+41%
|
168
+20%
|
209
+25%
|
169
-19%
|
157
-7%
|
140
-10%
|
103
-26%
|
110
+6%
|
112
+2%
|
155
+39%
|
147
-5%
|
121
-18%
|
96
-21%
|