MaxLinear, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating Activities
Net loss	$ (7,041)us-gaap_NetIncomeLoss	$ (12,733)us-gaap_NetIncomeLoss	$ (13,252)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Amortization and depreciation	5,107	3,715	3,531
Amortization of investment premiums, net	724	974	1,058
Stock-based compensation	15,008us-gaap_ShareBasedCompensation	12,986us-gaap_ShareBasedCompensation	9,984us-gaap_ShareBasedCompensation
Deferred income tax expense (benefit)	(2,281)us-gaap_DeferredIncomeTaxExpenseBenefit	(166)us-gaap_DeferredIncomeTaxExpenseBenefit	0us-gaap_DeferredIncomeTaxExpenseBenefit
Available-for-sale securities, gross realized gain(oss), excluding other than temporary impairments	(3)	0	(2)
Impairment of long-lived assets	29us-gaap_OtherAssetImpairmentCharges	1,231us-gaap_OtherAssetImpairmentCharges	184us-gaap_OtherAssetImpairmentCharges
Changes in operating assets and liabilities:
Accounts receivable	1,982	(5,500)	(4,137)
Inventory	(757)us-gaap_IncreaseDecreaseInInventories	(141)us-gaap_IncreaseDecreaseInInventories	(1,809)us-gaap_IncreaseDecreaseInInventories
Prepaid and other assets	(752)	(308)	(129)
Accounts payable, accrued expenses and other current liabilities	83	(627)	3,981
Accrued compensation	3,911	5,587	4,910
Deferred revenue and deferred profits	961mxl_DeferredRevenueandDeferredProfits	362mxl_DeferredRevenueandDeferredProfits	(1,740)mxl_DeferredRevenueandDeferredProfits
Accrued price protection liability	(4,999)	7,137	5,024
Other long-term liabilities	262	373	(59)
Net cash provided by operating activities	12,234	12,890	7,544
Investing Activities
Purchases of property and equipment	(8,800)	(3,162)	(5,055)
Purchases of intangible assets	0	(955)	(390)
Payments to Acquire Businesses, Net of Cash Acquired	(9,136)	0	0
Purchases of available-for-sale securities	(56,702)	(70,620)	(87,897)
Maturities of available-for-sale securities	57,172	65,200	89,151
Net cash used in investing activities	(17,466)	(9,537)	(4,191)
Financing Activities
Payments on capital leases	0	(2)	(32)
Net proceeds from issuance of common stock	3,304	2,647	2,706
Minimum tax withholding paid on behalf of employees for restricted stock units	(3,810)	(1,375)	(175)
Payments for repurchase of common stock	0	0	(12,076)
Net cash provided by (used in) financing activities	(506)	1,270	(9,577)
Effect of exchange rate changes on cash and cash equivalents	(16)	17	8
Increase (decrease) in cash and cash equivalents	(5,754)	4,640	(6,216)
Cash and cash equivalents at beginning of year	26,450	21,810	28,026
Cash and cash equivalents at end of year	20,696	26,450	21,810
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Other significant noncash transaction, value of consideration given	5,050	4,836	0
Capital expenditures incurred but not yet paid	849	2	52
Lease Incentive for Leasehold Improvements	2,008	0	0
Supplemental Cash Flow Information [Abstract]
Interest paid	0us-gaap_InterestPaid	1us-gaap_InterestPaid	1us-gaap_InterestPaid
Income taxes paid	$ 187us-gaap_IncomeTaxesPaid	$ 186us-gaap_IncomeTaxesPaid	$ 40us-gaap_IncomeTaxesPaid