← Azenta, 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 | ($69.5m) | $62.6m | $116.6m | $437.4m | $64.9m | $110.7m | $2.1b | ($14.3m) | ($164.2m) | ($55.8m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | $64.9m | $110.7m | $2.1b | ($14.3m) | ($164.2m) | ($55.8m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($69.5m) | $62.6m | $116.5m | $437.4m | $64.9m | $110.7m | $2.1b | ($14.3m) | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | $67.7m | — | — | — | — | — | ($164.2m) | $24.5m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($69.5m) | — | $67.7m | $9.6m | $65.0m | ($28.9m) | ($11.3m) | ($12.9m) | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | $48.7m | $427.9m | ($182k) | $139.6m | $2.1b | ($1.4m) | $0 | ($80.2m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | $48.7m | — | — | — | — | — | $0 | ($80.2m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | — | ($111k) | — | — | — | — | — | — | — | |
| Depreciation and amortization | $28.0m | $28.1m | $37.4m | $54.5m | $65.5m | $65.3m | $53.7m | $85.6m | $90.7m | $61.2m | |
| Amortization of Debt Issuance Costs | — | — | — | $1.1m | $200k | $300k | — | — | — | — | |
| Amortization of Intangible Assets | $15.0m | $17.1m | $24.2m | $35.2m | $41.8m | $37.4m | $32.3m | $48.4m | $51.3m | $24.4m | |
| Depreciation | $13.1m | $11.0m | $12.5m | $19.3m | $23.7m | $19.5m | $21.9m | $37.2m | $37.5m | $32.0m | |
| Deferred Income Tax Expense (Benefit) | $70.3m | $517k | ($45.2m) | ($15.2m) | ($5.4m) | ($17.3m) | $24.5m | ($28.7m) | ($16.1m) | ($27.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $11.7m | $17.3m | $19.8m | $20.1m | $16.3m | $27.5m | $10.7m | $9.4m | $14.5m | $20.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $5.0m | $0 | $0 | |
| Share-based Payment Arrangement, Expense | $11.7m | $17.3m | $18.9m | $19.5m | $16.3m | $20.1m | — | $9.4m | $14.5m | $19.8m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | $0 | $0 | $116.0m | $0 | |
| Goodwill, Impairment Loss | — | $0 | $0 | — | $0 | $0 | $0 | — | $111.3m | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | $13.4m | $0 | $0 | $116.0m | $0 | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | $1.8m | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $41k | $100k | $200k | $285k | $319k | $260k | ($21k) | $43k | $296k | $711k | |
| Gain (Loss) on Disposition of Assets | — | $406k | $758k | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | $0 | — | — | — | — | — | $2.1b | — | $0 | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | ($209k) | ($226k) | ($260k) | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | $2.8m | $100k | $200k | $408.6m | ($319k) | ($948k) | $21k | ($43k) | ($296k) | ($711k) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($14.3m) | — | — | ($632k) | — | $0 | — | |
| Income (Loss) from Equity Method Investments | $2.4m | $9.4m | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $75.8m | $12.1m | ($47.3m) | ($111k) | $9.9m | ($20.1m) | $1.4m | ($17.6m) | ($3.2m) | ($31.6m) | |
| Other Nonoperating Income (Expense) | ($579k) | ($645k) | ($3.3m) | ($1.5m) | ($1.4m) | ($16.5m) | ($266k) | ($1.0m) | $178k | $922k | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $2.4m | $9.4m | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $1.8m | $11.2m | $28.5m | $11.4m | $18.8m | $69.6m | $31.4m | ($34.0m) | $11.6m | ($21.0m) | |
| Increase (Decrease) in Inventories | ($8.6m) | $12.8m | $24.4m | $2.9m | $13.1m | $50.4m | $66.6m | ($8.3m) | ($16.4m) | $2.7m | |
| Increase (Decrease) in Accounts Payable | ($5.1m) | $7.8m | $5.5m | $4.7m | $792k | $31.0m | ($3.9m) | ($14.7m) | $9.2m | $1.0m | |
| Debt Securities, Realized Gain (Loss) | — | — | — | ($100k) | — | — | — | ($800k) | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.9m) | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | ($2.3m) | ($3.3m) | ($1.8m) | ($3.4m) | ($1.8m) | $1.7m | $4.2m | ($3.2m) | $2.0m | |
| Goodwill | $202.1m | $233.6m | $255.9m | $488.6m | $501.5m | $469.4m | $513.6m | $784.3m | $691.4m | $702.4m | |
| Inventory Write-down | — | — | — | — | — | — | — | — | $3.3m | $0 | |
| Investment Income, Interest | $452k | — | — | — | — | — | — | — | $33.2m | — | |
| Operating Expenses | $193.8m | $203.3m | $214.7m | $270.2m | $301.6m | $274.9m | $280.3m | $336.3m | $464.0m | $297.1m | |
| Restructuring Costs | $12.0m | — | — | — | — | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | $259k | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | $408.6m | — | — | — | — | — | — | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | — | $38k | |
| Net Cash Provided by (Used in) Operating Activities | $39.5m | $96.2m | $74.0m | $90.9m | $37.9m | $149.9m | ($466.0m) | $17.5m | $50.3m | $72.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $12.8m | $12.7m | $12.8m | $23.9m | $39.9m | $52.8m | $73.4m | $39.4m | $37.4m | $33.9m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $125.2m | $44.8m | $85.8m | $442.7m | $15.7m | $93.7m | $125.9m | $386.5m | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($10.9m) | ($54.2m) | ($148.5m) | $211.3m | ($22.7m) | ($146.3m) | $1.5b | $431.4m | $224.7m | ($90.5m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | $17.5m | $2.6m | $42.3m | $96k | — | — | — | — | |
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | $0 | — | |
| Proceeds from Issuance of Common Stock | $1.9m | $2.0m | $2.8m | $3.4m | $4.6m | $5.8m | $5.2m | $3.6m | $3.3m | $2.8m | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | $838.5m | $661.7m | $0 | |
| Payments of Ordinary Dividends, Common Stock | $27.5m | $27.9m | $28.3m | $28.9m | $29.5m | $29.7m | $7.5m | — | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | ($26.0m) | ($25.9m) | $170.3m | ($191.2m) | ($27.0m) | ($25.9m) | ($62.8m) | ($844.1m) | ($659.2m) | ($9.6m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $420k | $313k | $107.5m | ($2.6m) | ($17.2m) | $756.0m | ($357.3m) | ($363.1m) | ($24.3m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $420k | $313k | $305.2m | $302.5m | $5.2m | ($180.8m) | $38.0m | $21.1m | $3.6m | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | — | — | — | $521.6m | $546.2m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $200k | $6.5m | $20.8m | $2.2m | $1.4m | $469k | — | $0 | — | |
| Income Taxes Paid, Net | $4.9m | $8.1m | $21.1m | $17.0m | $102.0m | $38.0m | $452.5m | $43.1m | $2.7m | $6.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.