← ADVANCED ENERGY INDUSTRIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $127.5m | $137.9m | $147.0m | $64.9m | $134.7m | $134.7m | $199.7m | $128.3m | $54.2m | $148.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $137.9m | $147.1m | $65.0m | $134.7m | $134.8m | $199.7m | $128.3m | $54.2m | $148.4m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $116.9m | $136.1m | $147.1m | $56.5m | $135.1m | $134.7m | $201.9m | ($2.5m) | $56.3m | $149.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $116.9m | $136.1m | $147.1m | $56.5m | $135.2m | $134.7m | $201.9m | $130.7m | $56.3m | $149.3m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $10.5m | $1.8m | ($38k) | $8.5m | ($421k) | $73k | ($2.2m) | ($2.5m) | ($2.1m) | ($900k) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $10.5m | $1.8m | ($38k) | ($8.5m) | $421k | $73k | ($2.2m) | ($2.5m) | ($2.1m) | ($900k) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $0 | $86k | $34k | $55k | $44k | $16k | — | — | — | |
| Depreciation, Depletion and Amortization | $7.8m | $9.4m | $13.6m | $26.1m | $47.8m | $52.9m | $60.3m | $66.5m | $68.5m | $62.0m | |
| Amortization of Debt Issuance Costs | — | — | — | — | $519k | $822k | $547k | $1.3m | $3.2m | $3.1m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | — | — | $547k | $1.3m | $3.8m | $3.2m | |
| Amortization of Intangible Assets | $4.2m | $4.3m | $5.8m | $12.2m | $20.1m | $22.1m | $26.1m | $28.3m | $26.0m | $22.1m | |
| Depreciation | $3.6m | $5.1m | $7.8m | $14.0m | $27.6m | $30.8m | $34.2m | $38.3m | $42.4m | $39.8m | |
| Deferred Income Tax Expense (Benefit) | — | $25.3m | $10.0m | $1.0m | ($622k) | $1.3m | ($5.7m) | ($33.9m) | ($20.5m) | ($13.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $6.3m | $12.5m | $9.7m | $7.3m | $12.3m | $15.7m | $19.8m | $31.0m | $45.9m | $55.7m | |
| Share-based Payment Arrangement, Expense | $6.3m | $12.5m | $9.7m | $7.3m | $12.3m | $15.7m | $19.8m | $31.0m | $45.9m | $55.7m | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | — | $27.0m | $30.3m | $12.5m | |
| Gain (Loss) on Disposition of Business | — | — | — | $14.8m | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($319k) | ($122k) | ($481k) | ($700k) | ($1.3m) | ($1.5m) | $4.0m | ($439k) | — | — | |
| Income Tax Expense (Benefit) | $11.1m | $62.1m | $25.2m | $10.7m | $23.0m | $14.0m | $39.9m | ($8.3m) | ($3.9m) | $19.4m | |
| Other Nonoperating Income (Expense) | $1.2m | ($2.6m) | $823k | $12.8m | ($17.9m) | ($3.0m) | $8.6m | ($1.8m) | ($2.0m) | ($9.2m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $21.6m | $7.5m | ($3.4m) | $18.9m | ($15.4m) | ($5.3m) | $59.6m | ($23.3m) | ($14.6m) | $57.4m | |
| Increase (Decrease) in Inventories | $6.4m | $19.3m | $11.3m | ($3.7m) | ($11.7m) | $115.7m | $32.2m | ($39.3m) | $27.9m | $47.4m | |
| Increase (Decrease) in Accounts Payable | $19.0m | $1.8m | ($12.6m) | ($16.1m) | ($48.2m) | $67.1m | ($28.7m) | ($26.1m) | ($558k) | $79.3m | |
| Goodwill | $42.1m | $53.8m | $101.9m | $202.9m | $210.0m | $212.2m | $281.4m | $283.8m | $296.0m | $300.8m | |
| Investment Income, Interest | — | — | — | — | — | — | — | $27.1m | $42.9m | $26.6m | |
| Operating Expenses | $126.3m | $155.6m | $194.1m | $261.3m | $365.8m | $380.6m | $442.4m | $478.7m | $492.7m | $509.4m | |
| Payments of Financing Costs | — | — | — | — | — | — | — | $13.9m | $105k | — | |
| Proceeds from Stock Options Exercised | $2.2m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $119.3m | $182.7m | $151.3m | $48.4m | $201.2m | $140.2m | $183.6m | $208.9m | $130.7m | $233.3m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $6.8m | $9.0m | $20.3m | $25.2m | $36.5m | $31.9m | $58.9m | $61.0m | $56.8m | $107.4m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $17.3m | $93.8m | $366.1m | $5.5m | $21.5m | $149.4m | — | $13.8m | — | |
| Net Cash Provided by (Used in) Investing Activities | $300k | ($28.1m) | ($113.6m) | ($393.8m) | ($42.8m) | ($47.3m) | ($208.3m) | ($64.8m) | ($73.5m) | ($109.8m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | $85.0m | — | — | — | — | |
| Payments for Repurchase of Common Stock | $0 | $30.0m | $95.1m | — | $11.6m | $78.1m | $26.6m | $40.0m | $1.8m | $30.2m | |
| Dividends paid | — | — | — | — | — | $15.4m | $15.2m | $15.2m | $15.4m | $15.6m | |
| Proceeds from (Payments for) Other Financing Activities | ($4k) | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $2.1m | ($31.3m) | ($97.1m) | $338.8m | ($29.6m) | ($25.4m) | ($61.9m) | $445.7m | ($377.1m) | ($56.1m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $2.2m | ($1.0m) | ($8.1m) | $133.9m | $64.0m | ($85.6m) | $585.7m | ($322.5m) | $69.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $346.4m | $480.4m | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $173k | $66k | $228k | $3.5m | $5.3m | $4.0m | $6.6m | $14.4m | $17.3m | $14.7m | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | ($20.8m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.