← FTI CONSULTING, 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 | $85.5m | $108.0m | $150.6m | $216.7m | $210.7m | $235.0m | $235.5m | $274.9m | $280.1m | $270.9m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $85.5m | $108.0m | $150.6m | $216.7m | $210.7m | $235.0m | $235.5m | $274.9m | $280.1m | $270.9m | |
| Depreciation and amortization | $38.7m | $31.2m | $31.5m | $30.2m | $32.7m | $34.3m | $35.9m | $41.1m | $43.9m | $45.8m | |
| Amortization | $10.3m | — | — | $8.2m | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | $5.5m | $11.6m | $11.2m | $11.7m | $2.2m | $1.9m | $1.1m | — | |
| Amortization of Intangible Assets | $10.3m | $10.6m | $8.2m | $8.2m | $10.4m | $10.8m | $9.6m | $6.2m | $4.2m | $3.5m | |
| Capitalized Computer Software, Amortization | $12.0m | $6.7m | $5.3m | — | — | — | — | — | — | — | |
| Depreciation | $26.7m | $24.4m | $26.2m | $30.1m | $32.6m | $34.3m | $35.9m | $41.1m | $43.9m | $45.8m | |
| Deferred Income Tax Expense (Benefit) | $30.1m | ($51.6m) | $20.8m | ($3.7m) | ($10.0m) | $5.9m | ($9.8m) | ($1.9m) | ($16.6m) | $23.7m | |
| Share-based Payment Arrangement, Noncash Expense | $16.9m | $16.0m | $15.6m | $18.0m | $22.9m | $23.1m | $25.4m | $29.5m | $38.4m | $39.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $9.2m | $15.3m | $15.1m | $19.0m | $18.5m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | $27.7m | $36.3m | $42.2m | $41.7m | |
| Gain (Loss) on Disposition of Business | — | — | $13.0m | $0 | $0 | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | $0 | ($9.1m) | $0 | $0 | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $42.3m | ($20.9m) | $57.2m | $71.7m | $51.8m | $63.0m | $62.2m | $83.5m | $70.7m | $100.1m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $7.0m | $21.4m | |
| Other Nonoperating Income (Expense) | $1.1m | ($139k) | ($732k) | $356k | ($48k) | $274k | ($758k) | ($736k) | $1.3m | $529k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($3.5m) | $50.8m | $72.0m | $141.9m | $26.8m | $61.3m | $182.7m | $229.3m | ($18.3m) | $34.3m | |
| Accretion Expense | $800k | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $4.9m | ($77k) | $261k | ($3.1m) | ($4.1m) | $2.4m | $57k | ($9.3m) | $549k | ($4.3m) | |
| Goodwill | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | |
| Nonoperating Income (Expense) | ($14.4m) | ($21.6m) | ($18.2m) | ($17.1m) | ($20.2m) | ($14.1m) | ($6.1m) | ($19.2m) | $3.4m | ($18.1m) | |
| Payments of Financing Costs | — | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Contributions from Affiliates | $4.0m | $2.8m | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $27.3m | $4.1m | $41.6m | $9.7m | $4.9m | $2.7m | $2.3m | $1.3m | $10.9m | $1.4m | |
| Net Cash Provided by (Used in) Operating Activities | $233.5m | $147.6m | $230.7m | $217.9m | $327.1m | $355.5m | $188.8m | $224.5m | $395.1m | $152.1m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $28.9m | $32.0m | $32.3m | $42.1m | $34.9m | $68.7m | $53.3m | $49.5m | $35.4m | $58.5m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $1.3m | $8.9m | $0 | $18.8m | $25.3m | $10.4m | $6.7m | $0 | $0 | — | |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net | ($1.4m) | — | — | $0 | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | ($54k) | ($295k) | ($731k) | ($257k) | ($17k) | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($30.1m) | ($40.6m) | $18.7m | ($60.6m) | ($60.1m) | ($79.1m) | ($60.1m) | ($73.8m) | ($10.2m) | ($58.5m) | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | — | $0 | $300.0m | $0 | $0 | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $21.5m | $168.1m | $55.7m | $105.8m | $353.6m | $46.1m | $85.4m | $21.0m | $10.2m | $858.7m | |
| Proceeds from (Payments for) Other Financing Activities | $465k | $0 | $2.7m | $1.6m | $3.3m | $1.2m | $3.6m | $811k | $3.0m | $358k | |
| Net Cash Provided by (Used in) Financing Activities | ($125.3m) | ($140.9m) | ($117.5m) | ($103.3m) | ($360.1m) | ($61.7m) | ($106.0m) | ($354.7m) | ($15.4m) | ($510.5m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($11.6m) | $7.8m | ($9.8m) | $3.3m | $18.7m | ($15.2m) | ($25.5m) | $15.6m | ($12.3m) | $21.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($11.6m) | $7.8m | ($9.8m) | $57.3m | ($74.4m) | $199.5m | ($2.8m) | ($188.5m) | $357.3m | ($395.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $369.4m | $295.0m | $494.5m | $491.7m | $303.2m | $660.5m | $265.1m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $23.2m | $23.3m | $21.7m | $7.6m | $7.8m | $9.1m | $7.8m | $14.4m | $5.9m | $19.7m | |
| Income Taxes Paid, Net | $20.3m | $4.9m | $45.6m | $50.9m | $83.4m | $47.5m | $77.0m | $79.6m | $116.7m | $144.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.