← INTEGRA LIFESCIENCES HOLDINGS CORP
| 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 | $74.6m | $64.7m | $60.8m | $50.2m | $133.9m | $169.1m | $180.6m | $67.7m | ($6.9m) | ($516.5m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $74.6m | $64.7m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | $0 | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $72.7m | $88.9m | $110.7m | $109.5m | $116.0m | $119.8m | $118.3m | $123.5m | $140.9m | $151.8m | |
| Depreciation | $31.2m | $36.1m | $44.1m | $42.6m | $42.1m | $39.4m | $40.1m | $40.9m | $42.4m | $44.8m | |
| Amortization | $41.5m | $52.8m | $71.6m | $72.8m | $74.5m | $83.3m | $78.3m | $82.8m | $105.2m | $107.1m | |
| Amortization of Debt Issuance Costs | $2.5m | $2.7m | $6.3m | $5.4m | $12.1m | $7.0m | $6.8m | $6.2m | $5.6m | $5.6m | |
| Amortization of Intangible Assets | $13.9m | $20.4m | $21.2m | $27.0m | $27.8m | $16.9m | $13.9m | $12.4m | $21.3m | $15.0m | |
| Deferred Income Tax Expense (Benefit) | ($6.5m) | ($67.3m) | ($8.2m) | ($19.0m) | ($64.1m) | ($2.8m) | ($4.6m) | ($11.9m) | ($20.7m) | ($66.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $17.3m | $21.6m | $20.8m | $21.3m | $19.6m | $36.2m | $27.7m | $20.1m | $24.4m | $18.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $6.5m | $5.1m | $4.8m | $24.6m | $5.9m | $3.5m | $2.7m | |
| Share-based Payment Arrangement, Expense | $17.3m | $21.6m | $20.8m | $21.3m | $19.6m | $36.2m | $27.7m | $20.1m | $24.4m | $18.6m | |
| Goodwill, Impairment Loss | — | $0 | — | — | — | — | — | — | — | $511.4m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | $0 | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | $4.9m | $5.8m | $0 | $2.8m | $0 | $0 | $12.2m | $511.4m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | $500k | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($1.8m) | ($7.0m) | ($1.4m) | ($1.8m) | $3.7m | $3k | $11.1m | $0 | $0 | $490k | |
| Gain (Loss) on Disposition of Business | — | $2.6m | $0 | $0 | — | $41.8m | $644k | $0 | $0 | — | |
| Income Tax Expense (Benefit) | $15.8m | ($53.4m) | ($3.4m) | $9.9m | ($40.4m) | $45.6m | $33.3m | $13.3m | ($11.3m) | ($47.0m) | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $70.6m | $86.3m | |
| Operating Lease, Expense | — | — | — | $19.6m | $19.7m | $20.3m | $22.6m | $24.0m | $24.3m | $23.9m | |
| Other Nonoperating Income (Expense) | $845k | $1.3m | $8.3m | $9.5m | $4.4m | $19.3m | $12.0m | $3.7m | $3.9m | ($2.4m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $17.5m | $89.7m | $17.0m | $9.4m | ($52.1m) | ($7.3m) | $33.9m | ($4.6m) | ($7.4m) | $485k | |
| Increase (Decrease) in Inventories | $9.6m | ($99k) | ($8.3m) | $43.3m | $48.3m | ($5.4m) | $29.1m | $59.8m | $28.1m | $46.8m | |
| Proceeds from Stock Options Exercised | $10.5m | $9.8m | $9.4m | $6.9m | $5.2m | $6.8m | $5.5m | $4.3m | $6.4m | $957k | |
| Accretion Expense | $8.1m | $0 | $0 | — | $15.4m | $0 | $0 | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | ($2.9m) | $1.7m | ($300k) | ($1.6m) | $100k | ($3.3m) | ($4.4m) | ($2.3m) | ($7.4m) | |
| Goodwill | $510.6m | $937.9m | $926.5m | $954.3m | $932.4m | $1.0b | $1.0b | $1.1b | $1.1b | $615.2m | |
| Investment Income, Interest | $24k | $255k | $2.8m | $10.8m | $9.3m | $6.7m | $11.9m | $17.2m | $20.0m | $18.5m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | ($602k) | $102k | ($51k) | $0 | $0 | $144k | $13k | |
| Net Cash Provided by (Used in) Operating Activities | $116.4m | $114.5m | $199.7m | $231.4m | $203.8m | $312.4m | $264.5m | $140.0m | $129.4m | $50.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $47.3m | $43.5m | $77.7m | $69.5m | $38.9m | $48.0m | $42.3m | $66.9m | $104.4m | $81.4m | |
| Payments to Acquire Businesses, Net of Cash Acquired | ($225k) | $1.2b | — | $30.5m | — | — | — | — | — | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | $32.7m | $49.0m | $8.5m | |
| Gain (Loss) on Sale of Investments | — | ($2.3m) | — | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($42.6m) | ($1.2b) | ($49.7m) | ($162.7m) | ($68.1m) | ($161.4m) | ($58.6m) | ($94.2m) | ($390.8m) | ($108.1m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Common Stock | $0 | $0 | $349.6m | $0 | $0 | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | $100.0m | $0 | $125.0m | $275.0m | $52.5m | $221k | |
| Net Cash Provided by (Used in) Financing Activities | ($15.1m) | $1.2b | ($180.9m) | ($8.8m) | $121.6m | ($98.2m) | ($252.0m) | ($229.9m) | $237.9m | $28.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($4.7m) | $10.7m | ($5.2m) | $74k | $13.9m | ($9.5m) | ($10.7m) | $3.9m | ($6.5m) | $18.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($4.7m) | $10.7m | ($5.2m) | $60.1m | $271.3m | $43.3m | ($56.8m) | ($180.3m) | ($30.0m) | ($11.3m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $198.9m | $470.2m | $513.4m | $456.7m | $276.4m | $246.4m | $235.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | ($4.9m) | ($7.1m) | ($7.8m) | ($6.5m) | ($5.1m) | ($4.8m) | ($24.6m) | ($5.9m) | ($3.5m) | $17.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.