Component: (Network and Table)
Network
00500 - Statement - Consolidated Statements of Cash Flows
(http://www.liquidityservicesinc.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001235468 (http://www.sec.gov/CIK)
Consolidated Statements of Cash FlowsPeriod [Axis]
2015-10-01 - 2016-09-30
2014-10-01 - 2015-09-30
2013-10-01 - 2014-09-30
Consolidated Statements of Cash Flows
 
 
 
Operating activities
 
 
 
Net (loss) income
(59,926,000) 
(104,815,000) 
30,390,000  
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization
6,502,000  
9,235,000  
16,595,000  
Business disposition loss
 
7,963,000  
 
Change in fair value of earn out liability
  
(18,390,000) 
Stock compensation expense
12,247,000  
12,405,000  
12,605,000  
Provision (benefit) for inventory allowance
2,676,000  
(575,000) 
271,000  
Provision for doubtful accounts
247,000  
1,109,000  
151,000  
Deferred tax expense (benefit)
26,177,000  
(6,282,000) 
828,000  
Impairment of goodwill and intangible assets
18,998,000  
147,414,000  
 
Incremental tax loss (benefit) from exercise of common stock options and restricted stock
229,000  
38,000  
(3,805,000) 
Changes in operating assets and liabilities:
 
 
 
Accounts receivable
(4,408,000) 
12,651,000  
2,211,000  
Inventory
(4,776,000) 
43,101,000  
(49,488,000) 
Prepaid and deferred taxes
27,057,000  
(38,545,000) 
(2,829,000) 
Prepaid expenses and other assets
(160,000) 
(1,499,000) 
2,735,000  
Accounts payable
232,000  
(4,534,000) 
(545,000) 
Accrued expenses and other current liabilities
17,151,000  
(18,895,000) 
9,659,000  
Profit-sharing distributions payable
(790,000) 
(2,228,000) 
425,000  
Customer payables
(901,000) 
(11,742,000) 
12,046,000  
Other liabilities
5,283,000  
(1,310,000) 
(1,003,000) 
Net cash provided by operating activities
45,838,000  
 
43,491,000  
 
11,856,000  
 
Investing activities
 
 
 
Cash paid in divestiture
 
(2,372,000) 
 
Cash paid for acquisitions and increase in intangibles
(62,000) 
(137,000) 
(141,000) 
Purchases of property and equipment, including capitalized software
(6,090,000) 
(7,312,000) 
(7,539,000) 
Net cash used in investing activities
(6,152,000) 
 
(9,821,000) 
 
(7,680,000) 
 
Financing activities
 
 
 
Repurchases of common stock
  
(44,873,000) 
Proceeds from exercise of common stock options (net of tax)
9,000  
106,000  
4,146,000  
Incremental tax benefit from exercise of common stock options and restricted stock
(229,000) 
(38,000) 
3,805,000  
Net cash (used in) provided by financing activities
(220,000) 
 
68,000  
 
(36,922,000) 
 
Effect of exchange rate differences on cash and cash equivalents
(418,000) 
(871,000) 
235,000  
Net increase (decrease) in cash and cash equivalents
39,048,000  
 
32,867,000  
 
(32,511,000) 
 
Cash and cash equivalents at beginning of period
95,465,000  
62,598,000  
95,109,000  
Cash and cash equivalents at end of period
134,513,000  
 
95,465,000  
 
62,598,000  
 
Supplemental disclosure of cash flow information
 
 
 
Cash received (paid) for income taxes
33,966,000  
(5,678,000) 
(18,108,000)