← ENVIRI LLC
| 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 | ($85.7m) | $7.8m | $137.1m | $503.9m | ($26.3m) | ($3.2m) | ($180.1m) | ($86.1m) | ($128.0m) | ($167.6m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($79.8m) | $11.8m | $145.0m | $512.2m | ($22.0m) | $2.7m | ($176.4m) | ($88.1m) | ($122.7m) | ($163.7m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($86.3m) | $7.6m | $136.8m | $28.2m | ($32.5m) | $22.1m | ($137.2m) | ($45.5m) | ($124.1m) | ($163.5m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($80.4m) | $11.6m | $144.7m | $36.5m | ($28.2m) | $28.1m | ($133.5m) | ($47.5m) | ($118.7m) | ($159.7m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $669k | $196k | $274k | $475.7m | $6.2m | ($25.4m) | ($42.9m) | ($40.6m) | ($3.9m) | ($4.1m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.9m | $4.0m | $8.0m | $8.3m | $4.4m | $6.0m | $3.6m | ($2.0m) | $5.3m | $3.9m | |
| Depreciation, Depletion and Amortization | $141.5m | $129.9m | $132.8m | $135.1m | $125.8m | $131.4m | $129.7m | $139.0m | $148.3m | $153.4m | |
| Amortization | $12.4m | $8.1m | $10.7m | $18.6m | $33.9m | $35.2m | $34.1m | $32.4m | $31.5m | $30.6m | |
| Amortization of Intangible Assets | $7.9m | $5.1m | $7.7m | $15.5m | $31.0m | $32.0m | $31.1m | $28.6m | $27.3m | $26.6m | |
| Depreciation | $129.1m | $121.8m | $122.1m | $119.8m | $125.8m | $131.4m | $129.7m | $139.0m | $148.3m | $153.4m | |
| Deferred Income Tax Expense (Benefit) | ($7.7m) | $57.3m | ($6.5m) | $6.8m | $1.1m | ($16.9m) | ($12.0m) | $1.1m | ($12.8m) | $1.2m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | — | — | — | $16.6m | $21.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $1.7m | $3.7m | $11.2m | $4.3m | $3.4m | $1.9m | $1.4m | $1.9m | $12.8m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $0 | $0 | $119.6m | $0 | $15.9m | $0 | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $104.6m | — | $13.0m | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $1.8m | $5.1m | $3.9m | $6.3m | $3.7m | $823k | $4.0m | $250k | $6.6m | $3.8m | |
| Gain (Loss) on Disposition of Business | — | — | — | ($569.1m) | — | — | $0 | $0 | $10.5m | $0 | |
| Gain (Loss) on Extinguishment of Debt | ($35.3m) | ($2.3m) | ($1.1m) | ($7.7m) | $0 | ($2.7m) | $2.3m | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | $5.7m | $0 | $384k | $273k | $186k | ($302k) | ($178k) | ($761k) | ($10k) | $155k | |
| Income Tax Expense (Benefit) | $6.6m | $83.8m | $12.9m | $20.2m | ($2.8m) | $9.1m | $10.4m | $28.2m | $17.1m | $23.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | — | ($34.2m) | $19.8m | ($94.3m) | $38.9m | ($45.9m) | ($10.2m) | |
| Increase (Decrease) in Inventories | $12.3m | ($19.6m) | $14.7m | $42.5m | $12.3m | $7.8m | $16.8m | $3.4m | $7.5m | ($8.1m) | |
| Increase (Decrease) in Accounts Payable | ($20.3m) | $12.6m | $18.3m | $13.4m | ($14.5m) | $14.1m | $19.3m | ($5.1m) | ($15.0m) | $7.2m | |
| Goodwill | $382.3m | $401.8m | $411.6m | $738.4m | $902.1m | $883.1m | $759.3m | $768.0m | $739.8m | $758.7m | |
| Investment Income, Interest | $2.5m | $2.5m | $2.2m | $2.0m | $2.2m | $2.2m | $3.6m | $6.7m | $6.8m | $2.2m | |
| Payments of Financing Costs | — | $42k | $596k | $11.3m | $1.9m | $7.8m | $0 | $0 | $4.3m | $1.8m | |
| Pension Expense (Reversal of Expense), Noncash | — | — | ($3.4m) | $5.5m | ($7.2m) | ($15.6m) | ($8.9m) | $21.6m | $16.7m | $21.6m | |
| Other Operating Income (Expense), Net | ($12.6m) | ($4.6m) | $1.5m | $2.6m | ($10.8m) | $3.7m | ($4.7m) | $3.2m | ($5.4m) | ($30.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $159.8m | $176.9m | $192.0m | ($163k) | $53.8m | $72.2m | $150.5m | $114.4m | $78.1m | $101.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $69.3m | $98.3m | $132.2m | $185.0m | $120.2m | $158.3m | $137.2m | $139.0m | $136.6m | $141.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $26k | $0 | $56.4m | $623.5m | $432.9m | $0 | $0 | $0 | — | — | |
| Payments for (Proceeds from) Other Investing Activities | ($17.3m) | $0 | $0 | — | $152k | ($171k) | ($273k) | ($463k) | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | $122.9m | ($103.3m) | ($161.1m) | ($132.2m) | ($520.6m) | ($124.4m) | ($99.1m) | ($116.6m) | ($34.1m) | ($149.9m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $720.7m | $28.0m | $128.9m | $848.3m | $638.7m | $540.7m | $224.4m | $202.0m | $240.5m | $566k | |
| Repayments of Long-term Debt | $979.6m | $108.3m | $117.0m | $661.6m | $139.9m | $464.8m | $256.3m | $164.5m | $274.2m | $5.0m | |
| Payments for Repurchase of Common Stock | $0 | $0 | $30.0m | $31.8m | $0 | $0 | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $4.1m | $0 | $0 | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | $1.7m | $874k | $0 | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | — | — | — | ($1.9m) | ($1.7m) | ($874k) | — | |
| Dividends Payable, Current | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($16.5m) | ($894k) | $0 | ($532k) | ($1.4m) | ($601k) | $0 | $0 | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($292.3m) | ($83.7m) | ($25.5m) | $125.7m | $487.0m | $60.2m | ($42.8m) | $44.8m | ($63.4m) | $80.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($7.9m) | $4.5m | ($4.4m) | ($793k) | ($195k) | ($527k) | ($10.7m) | ($3.1m) | ($15.0m) | $3.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($7.9m) | ($5.7m) | $937k | ($7.4m) | $19.9m | $7.5m | ($2.0m) | $39.5m | ($34.5m) | $35.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($7.9m) | $66.2m | $67.1m | $59.7m | $79.7m | $87.1m | $85.1m | $124.6m | $90.2m | $125.3m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | ($91k) | ($1.7m) | ($3.7m) | ($11.2m) | ($4.3m) | ($3.4m) | ($1.9m) | ($1.4m) | ($1.9m) | $24.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.