← Innovex International, 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 $93.2m ($100.6m) ($95.7m) $1.7m ($30.8m) ($128.0m) $443k $604k $140.3m $83.3m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — — — — — $140.3m $83.3m
Depreciation, Depletion and Amortization $31.9m $41.0m $35.3m $34.0m $32.4m $30.4m $29.4m $30.3m $31.2m $60.7m
Amortization of Debt Issuance Costs — — — — — — $312k $332k $409k $317k
Amortization of Intangible Assets $200k $2.4m $2.4m $2.9m $3.0m $3.0m $2.8m $3.6m $8.5m $15.9m
Depreciation $31.6m $38.6m $32.8m $31.0m $28.7m $27.2m $26.6m $26.7m $16.6m $37.2m
Deferred Income Tax Expense (Benefit) ($3.4m) $17.2m ($4.1m) $598k $5.0m $8.7m $6.4m ($2.9m) ($4.6m) $34.3m
Share-based Payment Arrangement, Noncash Expense $12.2m $14.3m $13.5m $15.7m $12.9m $14.9m $10.4m $10.9m $13.2m $13.8m
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — — — $10.2m $1.2m
Share-based Payment Arrangement, Expense — — — — — — — — $13.2m $13.8m
Goodwill, Impairment Loss $0 $849k $38.6m $0 $7.7m — — $0 $0 $0
Impairment of Intangible Assets, Finite-lived — — — — — — — — $0 $0
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — $7.7m $0 $0 — — —
Restructuring Costs and Asset Impairment Charges — — $98.6m $174k $35.4m $75.2m $7.8m ($2.0m) — —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $103k $168k $6.2m $1.5m $587k $4.5m $20.0m $8.8m ($939k) ($40.1m)
Gain (Loss) on Disposition of Assets — — — — — — — — $654k $39.8m
Income (Loss) from Equity Method Investments — — — — — — — — $2.6m $0
Income Tax Expense (Benefit) $22.6m $35.0m ($19.3m) $8.7m ($31.3m) $2.9m $6.3m $12.9m $2.5m $45.2m
Operating Lease, Expense — — — $2.1m $2.2m $1.3m $600k $1.7m — —
Other Nonoperating Income (Expense) — — — — — — — — ($298k) $1.8m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions — — — — — — $0 ($1.7m) ($495k) $0
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($106.5m) ($26.1m) $11.9m ($10.8m) $9.5m ($13.5m) ($8.4m) $25.8m ($13.2m) ($17.6m)
Increase (Decrease) in Inventories ($7.9m) ($37.6m) ($49.9m) $14.1m $28.3m $5.5m $1.2m $28.6m ($7.9m) ($46.6m)
Increase (Decrease) in Accounts Payable — — — — — — — — ($22.3m) ($12.7m)
Foreign Currency Transaction Gain (Loss), before Tax — — — — ($2.3m) ($836k) $3.8m $2.5m — —
Goodwill $34.4m $47.6m $7.7m $7.9m — — — $16.7m $60.2m $99.7m
Inventory Write-down — — $32.1m — $17.3m $66.9m $0 $0 — —
Investment Income, Interest $3.0m $3.6m $8.0m $7.9m $2.1m $575k $4.5m — — —
Proceeds from Stock Options Exercised $2.2m $560k $1.6m $2.2m — $0 — — $3.3m $0
Restructuring Costs — — $5.7m $4.4m $1.4m — — — — —
Stock or Unit Option Plan Expense $0 — — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $246.5m $108.0m $45.5m $14.7m ($21.1m) $38.4m ($36.8m) $7.7m $93.4m $190.9m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $25.8m $27.6m $32.1m $11.5m $11.9m $10.0m $18.9m $32.6m $13.6m $35.1m
Payments to Acquire Businesses, Net of Cash Acquired $132.4m $20.4m $0 — — — $28.9m $82.3m $65.5m $83.7m
Net Cash Provided by (Used in) Investing Activities ($157.8m) ($44.9m) ($15.2m) ($8.5m) ($5.6m) ($3.2m) ($30.1m) ($79.8m) $78.4m ($18.7m)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $24.2m $0 $100.0m $26.6m $25.0m $24.2m $20.8m $0 — —
Dividends paid — — — — — — — — $75.0m $0
Proceeds from (Payments for) Other Financing Activities — — — ($183k) ($183k) ($109k) ($83k) ($124k) — —
Net Cash Provided by (Used in) Financing Activities ($21.9m) $560k ($99.2m) ($24.6m) ($25.2m) ($24.3m) ($20.9m) ($124k) ($103.1m) ($44.9m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — ($789k) ($1.1m) ($1.4m) ($2.9m) ($1.2m) ($2.9m) $2.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($19.2m) ($53.0m) $9.5m ($90.6m) ($73.4m) $65.9m $130.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $398.9m $346.0m $355.5m $264.8m $191.4m $73.3m $203.4m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — — — — $3.1m $5.7m $2.0m $1.0m
Income Taxes Paid, Net — — $3.8m $10.9m $18.2m $2.0m $1.3m $13.7m $5.6m $10.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.