← People Inc
| Annual Trend | 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 From Continuing Operations | — | — | — | — | ($1.2b) | $294.9m | ($573.2m) | ($116.8m) | |
| Net Income (Loss) Attributable to Parent | — | — | — | $597.5m | ($1.2b) | $265.9m | ($539.9m) | ($104.0m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | $22.9m | $269.7m | $577.5m | ($1.2b) | $256.7m | ($539.9m) | ($104.0m) | |
| Less: Earnings (loss) from discontinued operations, net of tax | — | ($49.5m) | ($21.3m) | ($1.8m) | $2.7m | $0 | $0 | $15.3m | |
| Net (loss) earnings from continuing operations | $292.4m | $32.2m | $268.6m | $590.8m | ($1.2b) | $258.3m | ($533.3m) | ($116.8m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $32.2m | $268.6m | $589.0m | ($1.2b) | $258.3m | ($533.3m) | ($101.5m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $32.2m | $268.6m | $590.8m | ($1.2b) | $258.3m | ($533.3m) | ($116.8m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | ($1.8m) | $2.7m | $0 | $0 | $15.3m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $9.3m | ($1.1m) | ($8.6m) | ($22.3m) | ($7.6m) | $6.6m | $2.6m | |
| Total cash (used in) provided by continuing operations | — | $152.7m | $2.4b | ($1.7b) | ($690.2m) | ($121.0m) | $502.2m | ($791.6m) | |
| Total cash (used in) provided by discontinued operations | — | ($198.7m) | $190.5m | $319.2m | $0 | $0 | $59.4m | ($29.6m) | |
| Amortization of Intangible Assets | — | $83.9m | $141.6m | $74.8m | $307.7m | $296.0m | $144.5m | $93.1m | |
| Depreciation | $42.4m | $55.9m | $69.3m | $75.0m | $131.0m | $175.1m | $126.9m | $37.5m | |
| Depreciation, Nonproduction | — | — | — | $75.0m | $131.0m | $175.1m | $126.9m | $37.5m | |
| Amortization of intangibles | $107.1m | $83.9m | $141.6m | $74.8m | $307.7m | $296.0m | $144.5m | $93.1m | |
| Amortization Cash Flow | — | — | — | — | $307.7m | $288.0m | $141.9m | $93.1m | |
| Depreciation Amortization Depletion | — | — | — | — | $438.7m | $368.9m | $182.7m | $130.6m | |
| Deferred Income Tax Expense (Benefit) | — | ($62.8m) | ($31.9m) | $133.4m | ($337.8m) | $88.8m | ($181.0m) | $27.6m | |
| Deferred income taxes | $8.8m | ($62.8m) | ($31.9m) | $133.4m | ($337.8m) | $88.8m | ($181.0m) | $27.6m | |
| Deferred Income Tax | — | — | — | — | ($337.8m) | $88.4m | ($156.7m) | $27.6m | |
| Deferred Tax | — | — | — | — | ($337.8m) | $88.4m | ($156.7m) | $27.6m | |
| Share-based Payment Arrangement, Noncash Expense | — | $134.3m | $197.2m | — | — | — | — | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $80.0m | |
| Share-based Payment Arrangement, Expense | — | $134.3m | $197.2m | $79.5m | $123.5m | $117.2m | $112.5m | $32.3m | |
| Goodwill, Impairment Loss | — | $3.3m | $265.1m | $0 | $112.8m | $9.0m | $0 | $207.5m | |
| Operating Lease, Impairment Loss | — | — | — | $10.5m | $2.3m | $48.9m | $7.2m | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | $80.2m | — | — | — | |
| Goodwill impairment | $0 | $3.3m | $265.1m | $0 | $112.8m | $9.0m | $0 | $207.5m | |
| Non-cash lease expense (including right-of-use asset impairments) | — | $21.3m | $30.0m | $35.7m | $70.9m | $101.7m | $54.0m | $36.7m | |
| Asset Impairment Charge | — | — | — | — | $112.8m | $9.0m | $0 | $207.5m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($1.1m) | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $29.2m | — | |
| Gain (Loss) on Disposition of Business | — | ($8.2m) | $1.1m | $4.2m | — | — | — | — | |
| Income Tax Expense (Benefit) | — | ($60.5m) | ($59.0m) | $139.0m | ($331.1m) | $108.8m | ($159.1m) | $34.8m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | $155.9m | $120.0m | |
| Other Nonoperating Income (Expense) | — | ($3.3m) | ($984k) | ($5.7m) | ($4.2m) | $7.6m | ($100k) | $7.2m | |
| Operating lease liabilities | — | ($22.4m) | ($29.8m) | ($31.0m) | ($63.8m) | ($74.3m) | ($69.8m) | ($88.7m) | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | $723.5m | ($721.7m) | $649.2m | ($119.2m) | |
| Changes in operating assets and liabilities: | |||||||||
| Noncash investing and financing activities: | |||||||||
| Additional Financial Items | |||||||||
| Increase (Decrease) in Accounts Receivable | — | $73.6m | $139.1m | $157.0m | $66.7m | $37.3m | $51.8m | ($14.2m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | $65.7m | $80.8m | $89.9m | $116.6m | $87.7m | $61.9m | $8.1m | |
| Proceeds from Stock Options Exercised | — | — | — | $1.5m | $0 | $130k | $0 | — | |
| Purchases of property and equipment, accrued but unpaid | — | $97.9m | $61.6m | $90.2m | $139.8m | $141.4m | $65.5m | $19.2m | |
| Equity Securities, FV-NI, Gain (Loss) | — | $41.4m | $799.7m | — | — | — | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | $22.9m | $2.2m | $7.2m | $0 | $0 | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | $18.5m | $797.6m | $18.8m | $20.3m | ($300k) | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | ($13.6m) | ($8.5m) | $1.5m | ($2.6m) | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | $3.3m | ($200k) | $2.2m | ($100k) | |
| General and Administrative Expense | — | $617.2m | $792.3m | $797.4m | $977.3m | $892.0m | $817.7m | $418.5m | |
| Goodwill | — | $1.6b | $1.9b | $3.2b | $3.0b | $3.0b | $2.9b | $1.8b | |
| Inventory Write-down | — | — | — | — | $400k | $400k | — | — | |
| Nonoperating Income (Expense) | — | $34.0m | ($42.5m) | $111.9m | ($217.8m) | $63.9m | $116.9m | $16.4m | |
| Payments of Financing Costs | — | — | — | — | — | — | — | $12.9m | |
| Realized Investment Gains (Losses) | — | — | — | $5.8m | — | — | — | — | |
| Restructuring Costs | — | — | — | — | $80.2m | ($525k) | ($201k) | — | |
| Unrealized Gain (Loss) on Derivatives | — | ($9.1m) | ($1.2m) | $104.0m | ($62.5m) | $2.8m | $20.4m | $0 | |
| Unrealized Gain (Loss) on Investments | — | $0 | $840.5m | $789.3m | ($723.5m) | $721.7m | ($649.2m) | $119.2m | |
| Net (loss) earnings | — | $32.2m | $268.6m | $589.0m | ($1.2b) | $258.3m | ($533.3m) | ($101.5m) | |
| Stock-based compensation expense | $148.4m | $134.3m | $197.2m | $79.5m | $123.5m | $117.2m | $112.5m | $32.3m | |
| Loss related to the allocation of a disputed gain on a real estate transaction | — | — | — | — | — | $0 | $0 | $19.2m | |
| Unrealized (gain) loss on investment in MGM Resorts International | $0 | $0 | ($840.5m) | ($789.3m) | $723.5m | $721.7m | ($649.2m) | ($119.2m) | |
| Net (gains) losses on amendments and early terminations of lease agreements | — | — | — | — | — | $361k | ($232k) | ($42.2m) | |
| Increase in the estimated fair value of a warrant | — | $9.1m | $3.2m | ($104.0m) | $62.5m | ($2.8m) | ($20.4m) | $0 | |
| Other adjustments, net | $2.4m | $6.1m | $27.0m | $50.6m | $18.0m | ($12.3m) | ($1.5m) | $11.7m | |
| Accounts receivable | ($52.1m) | ($73.6m) | ($139.1m) | ($157.0m) | ($66.7m) | ($37.3m) | ($51.8m) | $14.2m | |
| Other assets | ($29.8m) | $10.6m | ($4.0m) | $4.2m | $8.9m | $11.3m | $103.9m | $1.4m | |
| Accounts payable and other liabilities | $35.6m | $889k | $11.6m | $82.8m | ($247.9m) | ($120.3m) | ($9.3m) | ($58.6m) | |
| Income taxes payable and receivable | $4.3m | $196k | ($12.2m) | ($2.5m) | ($6.7m) | $2.9m | ($2.8m) | ($2.3m) | |
| Deferred revenue | $36.4m | $28.1m | $81.4m | $8.3m | ($11.0m) | ($9.2m) | ($12.5m) | ($7.1m) | |
| Allocation of Angi Inc. cash in the Distribution | — | — | — | — | — | $0 | $0 | ($386.6m) | |
| Purchase of MGM Resorts International common shares | — | — | — | — | ($244.3m) | $0 | $0 | ($40.0m) | |
| Net proceeds from sales of fixed assets | — | — | — | $1.2m | $9.8m | $29.8m | $12.8m | $17.5m | |
| Purchases of marketable debt securities | — | $0 | ($649.8m) | $0 | ($233.9m) | ($455.4m) | ($221.8m) | $0 | |
| Net collections of notes receivable | — | — | — | $0 | $19.5m | $11.3m | $11.8m | $0 | |
| Other, net | ($1.0m) | ($3.8m) | $1.1m | ($18.6m) | $5.0m | ($8k) | ($1.9m) | $43k | |
| Principal payments on Term Loans | ($13.8m) | ($13.8m) | ($27.5m) | $0 | ($30.0m) | ($30.0m) | ($68.0m) | ($1.4b) | |
| Net proceeds from Term Loans refinancing | $0 | $0 | $500.0m | $1.6b | $0 | $0 | $8.0m | $991.5m | |
| Proceeds from the issuance of the 2032 Notes | — | $0 | $500.0m | $0 | $0 | $0 | $0 | $400.0m | |
| Purchases of treasury stock | $0 | ($56.9m) | ($63.7m) | ($35.4m) | ($93.5m) | ($176.6m) | ($28.6m) | ($315.0m) | |
| Beginning Cash Position | — | — | — | — | $2.1b | $1.4b | $1.3b | $1.8b | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | ($112.7m) | ($206.0m) | ($76.9m) | ($451.0m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | ($494.8m) | ($41.2m) | $327.2m | ($404.6m) | |
| Cash From Discontinued Financing Activities | — | — | — | — | $0 | ($17.0m) | ($52.2m) | ($14.3m) | |
| Cash From Discontinued Investing Activities | — | — | — | — | $0 | ($46.2m) | ($50.4m) | ($12.5m) | |
| Change In Account Payable | — | — | — | — | ($247.9m) | ($106.6m) | ($8.7m) | ($58.6m) | |
| Change In Other Current Assets | — | — | — | — | $8.9m | $23.4m | $74.9m | $1.4m | |
| Change In Other Current Liabilities | — | — | — | — | ($63.8m) | ($53.6m) | ($51.0m) | ($88.7m) | |
| Change In Other Working Capital | — | — | — | — | ($17.8m) | ($11.7m) | ($2.1m) | ($9.3m) | |
| Change In Payable | — | — | — | — | ($247.9m) | ($106.6m) | ($8.7m) | ($58.6m) | |
| Change In Payables And Accrued Expense | — | — | — | — | ($247.9m) | ($106.6m) | ($8.7m) | ($58.6m) | |
| Change In Receivables | — | — | — | — | ($66.7m) | $12.1m | ($6.4m) | $14.2m | |
| Change In Working Capital | — | — | — | — | ($387.3m) | ($136.4m) | $6.7m | ($141.1m) | |
| Changes In Account Receivables | — | — | — | — | ($66.7m) | $12.1m | ($6.4m) | $14.2m | |
| Changes In Cash | — | — | — | — | ($690.2m) | ($121.0m) | $502.2m | ($821.2m) | |
| End Cash Position | — | — | — | — | $1.4b | $1.3b | $1.8b | $986.8m | |
| Financing Cash Flow | — | — | — | — | ($112.7m) | ($223.0m) | ($129.1m) | ($465.3m) | |
| Free Cash Flow | — | — | — | — | ($222.5m) | $95.9m | $339.5m | $42.1m | |
| Gain Loss On Investment Securities | — | — | — | ($104.0m) | $62.5m | ($2.8m) | ($20.4m) | — | |
| Gain Loss On Sale Of Business | — | — | — | — | ($39.0m) | $18.1m | ($10.5m) | $17.7m | |
| Investing Cash Flow | — | — | — | — | ($494.8m) | ($87.5m) | $276.8m | ($417.1m) | |
| Issuance Of Capital Stock | — | — | — | — | $34.7m | $0 | $0 | $400.0m | |
| Net Business Purchase And Sale | — | — | — | — | $90.8m | $10.9m | $177.2m | $11.4m | |
| Net PPE Purchase And Sale | — | — | — | — | $9.8m | $29.4m | $12.8m | $17.5m | |
| Net Preferred Stock Issuance | — | — | — | $0 | $34.7m | $0 | $0 | — | |
| Operating Gains Losses | — | — | — | — | $957.0m | ($706.4m) | $618.3m | ($101.5m) | |
| Other Non Cash Items | — | — | — | — | $88.9m | $85.3m | $36.8m | $25.4m | |
| Pension And Employee Benefit Expense | — | — | — | $18.2m | $210.0m | $76k | ($5.5m) | — | |
| Preferred Stock Issuance | — | — | — | $0 | $34.7m | $0 | $0 | — | |
| Proceeds From Stock Option Exercised | — | — | — | $1.5m | $0 | $130k | $0 | — | |
| Provisionand Write Offof Assets | — | — | — | $89.9m | $116.6m | $87.7m | $61.9m | — | |
| Purchase Of Business | — | — | — | ($2.7b) | $0 | $0 | — | — | |
| Repurchase Of Capital Stock | — | — | — | — | ($93.5m) | ($165.6m) | $0 | ($315.0m) | |
| Sale Of Business | — | — | — | — | $90.8m | $10.9m | $177.2m | $11.4m | |
| Sale Of PPE | — | — | — | — | $9.8m | $29.4m | $12.8m | $17.5m | |
| Stock Based Compensation | — | — | — | — | $123.5m | $73.6m | $77.7m | $32.3m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | ($789.3m) | $723.5m | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $369.4m | $251.8m | $154.6m | $18.1m | $0 | $0 | $354.5m | ($2.8m) | |
| Cash flows from investing activities: | |||||||||
| Payments to Acquire Property, Plant, and Equipment | ($54.7m) | $97.9m | $61.6m | $90.2m | $139.8m | $141.4m | $65.5m | $19.2m | |
| Capital Expenditure Reported | — | — | — | — | ($139.8m) | ($93.6m) | ($15.0m) | ($19.2m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $196.6m | $684.6m | $2.7b | $0 | $0 | — | — | |
| Purchases of investments | ($49.2m) | ($253.7m) | ($1.2m) | ($24.3m) | ($3.0m) | ($103.6m) | ($53k) | $0 | |
| Purchase of retirement investment fund | — | — | — | — | $0 | $0 | ($16.0m) | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | ($481.2m) | ($9.1m) | $139.5m | ($26.1m) | |
| Purchase Of Investment | — | — | — | — | ($481.2m) | ($546.6m) | ($237.8m) | ($40.0m) | |
| Net losses (gains) on sales of investments and businesses (including unrealized losses on investments) | — | — | — | ($44.8m) | ($39.0m) | $19.3m | ($10.5m) | $17.7m | |
| Net proceeds from the sales of investments and businesses | — | $166.4m | $26.1m | $16.5m | $90.8m | $11.9m | $177.2m | $11.4m | |
| Proceeds from the sale of a portion of the retirement investment fund | — | — | — | — | $0 | $0 | $2.3m | $13.9m | |
| Sale Of Investment | — | — | — | — | $0 | $537.5m | $377.3m | $13.9m | |
| Payments for (Proceeds from) Other Investing Activities | — | $8.7m | $11.5m | $1.6m | ($15.9m) | ($9.9m) | ($985k) | $1.6m | |
| Net Other Investing Changes | — | — | — | — | $25.6m | $21.2m | $12.8m | ($1.6m) | |
| Net cash (used in) provided by investing activities attributable to continuing operations | — | ($249.7m) | ($1.9b) | ($2.9b) | ($494.8m) | ($87.5m) | $276.8m | ($404.6m) | |
| Net cash used in investing activities attributable to discontinued operations | — | ($172.2m) | $42k | $7.6m | $0 | $0 | ($50.4m) | ($12.5m) | |
| Net Cash Provided by (Used in) Investing Activities | — | ($421.9m) | ($1.9b) | — | — | — | $276.8m | — | |
| Cash flows from financing activities: | |||||||||
| Proceeds from maturities of marketable debt securities | $35.0m | $25.0m | $475.0m | $225.0m | $0 | $550.0m | $375.0m | $0 | |
| Debt issuance and deferred financing costs | — | — | — | — | — | $0 | ($15k) | ($12.9m) | |
| Issuance Of Debt | — | — | — | — | $0 | $0 | $8.0m | $991.5m | |
| Long Term Debt Issuance | — | — | — | — | $0 | $0 | $8.0m | $991.5m | |
| Net Issuance Payments Of Debt | — | — | — | — | ($30.0m) | ($30.0m) | ($60.0m) | ($443.1m) | |
| Net Long Term Debt Issuance | — | — | — | — | ($30.0m) | ($30.0m) | ($60.0m) | ($443.1m) | |
| Long Term Debt Payments | — | — | — | — | ($30.0m) | ($30.0m) | ($68.0m) | ($1.4b) | |
| Repayment Of Debt | — | — | — | — | ($30.0m) | ($30.0m) | ($68.0m) | ($1.4b) | |
| Common Stock Issuance | — | — | — | — | $0 | $0 | $0 | $400.0m | |
| Net Common Stock Issuance | — | — | — | — | ($93.5m) | ($165.6m) | $0 | $85.0m | |
| Payments for Repurchase of Common Stock | — | — | — | $35.4m | — | — | — | $315.0m | |
| Common Stock Payments | — | — | — | — | ($93.5m) | ($165.6m) | $0 | ($315.0m) | |
| Dividends Received CFI | — | — | — | — | $0 | $0 | $0 | ($386.6m) | |
| Proceeds from (Payments for) Other Financing Activities | — | ($3.8m) | $1.1m | ($18.6m) | $5.0m | ($8k) | ($1.9m) | $43k | |
| Net Other Financing Charges | — | — | — | — | ($23.9m) | ($10.4m) | ($16.9m) | ($92.9m) | |
| Net cash used in financing activities attributable to continuing operations | — | $127.0m | $4.2b | $1.1b | ($112.7m) | ($223.0m) | ($129.1m) | ($451.0m) | |
| Net cash used in financing activities attributable to discontinued operations | — | ($2.9m) | $149.3m | $293.6m | $0 | $0 | ($52.2m) | ($14.3m) | |
| Net Cash Provided by (Used in) Financing Activities | — | $124.1m | $4.4b | — | — | — | ($129.1m) | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($122k) | $2.0m | — | — | — | — | — | |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | ($118k) | ($122k) | $2.0m | ($1.6m) | ($5.5m) | $1.1m | ($1.2m) | $759k | |
| Effect Of Exchange Rate Changes | — | — | — | — | ($5.5m) | $1.1m | ($1.2m) | $759k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($46.1m) | $2.6b | ($1.4b) | ($695.8m) | ($119.8m) | $501.0m | ($820.4m) | |
| Net (decrease) increase in cash and cash equivalents and restricted cash | $126.9m | ($46.1m) | $2.6b | ($1.4b) | ($695.8m) | ($119.8m) | $501.0m | ($820.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $840.7m | $3.5b | $2.1b | $1.4b | $1.3b | $1.8b | $986.8m | |
| Cash and cash equivalents and restricted cash at beginning of period | $759.9m | $886.8m | $840.7m | $2.1b | $1.4b | $1.3b | $1.8b | $986.8m | |
| Supplemental disclosure of cash flow information: | |||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | ($695.8m) | ($119.8m) | $501.0m | ($820.4m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $10.0m | $6.5m | $21.7m | $98.2m | $156.2m | $150.6m | $115.6m | |
| Income Taxes Paid, Net | ($29.8m) | ($35.3m) | ($149.2m) | ($157.9m) | ($26.9m) | ($16.6m) | ($22.6m) | $9.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.