← U S PHYSICAL THERAPY INC /NV

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 From Continuing Operations — — — — — — $43.4m $37.2m $45.6m $58.0m
Net Income (Loss) Attributable to Parent $20.6m $22.3m $34.9m $40.0m $35.2m $40.8m $32.2m $28.2m $31.4m $39.6m
Net Income (Loss) Available to Common Stockholders, Basic $26.3m $27.5m — — — — $28.3m $14.7m $26.5m $15.1m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $26.3m $27.7m $48.8m $57.3m $52.5m $57.9m $43.4m $37.2m $45.6m $58.0m
Net Income (Loss) Attributable to Noncontrolling Interest $5.7m $5.5m $14.0m $17.2m $17.3m $17.1m $11.2m $9.0m $14.2m $18.4m
Depreciation, Depletion and Amortization $8.8m $9.7m $9.8m $10.1m $10.5m $11.6m $14.7m $15.7m $18.7m $22.4m
Amortization of Debt Issuance Costs — — — — — $56k $305k $420k $422k $422k
Amortization of Intangible Assets $2.4m $2.7m $2.8m $3.0m $3.4m $3.7m $6.5m $7.3m $9.5m $11.3m
Depreciation Amortization Depletion — — — — — — $14.7m $15.7m $18.7m $22.4m
Deferred Income Tax Expense (Benefit) $3.0m ($4.9m) $4.8m $4.7m ($258k) $5.7m $12.4m $4.6m $4.9m $10.6m
Deferred Income Tax — — — — — — $4.3m $4.5m $5.4m $11.4m
Deferred Tax — — — — — — $4.3m $4.5m $5.4m $11.4m
Share-based Payment Arrangement, Noncash Expense $5.0m $5.0m $5.9m $7.0m $7.9m $7.9m $7.3m $7.2m $7.8m $8.3m
Share-based Payment Arrangement, Expense — — — — — — — $7.2m — —
Goodwill and Intangible Asset Impairment — — — — — $0 $9.1m $17.5m $0 $0
Goodwill, Impairment Loss — — — — $1.9m $0 $9.1m $15.8m $0 $0
Asset Impairment Charge — — — — — — $9.1m $17.5m $2.4m $0
Gain (Loss) on Disposition of Business — — — — — — — — — $100k
Gain (Loss) on Disposition of Property Plant Equipment — — — — — — $643k ($166k) ($836k) ($383k)
Gain (Loss) on Extinguishment of Debt — — $1.8m $0 $0 — — — — —
Income (Loss) from Equity Method Investments — — — — — $112k $1.2m $955k $1.0m $1.5m
Income Tax Expense (Benefit) $11.9m $6.0m $11.4m $13.6m $13.0m $15.3m $12.2m $12.2m $14.6m $19.8m
Other Nonoperating Income (Expense) — — — — — — — $390k $357k $458k
Earnings (Loss)es From Equity Investments — — — — — — ($1.2m) ($955k) ($1.0m) ($1.5m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $3.3m $3.4m $3.4m $6.4m ($899k) $9.4m $10.3m $5.6m $5.3m $12.0m
Goodwill $226.8m $271.3m $293.5m $317.7m $345.6m $434.7m $494.1m $509.6m $667.2m $692.4m
Investment Income, Interest — — — — — — — $3.8m $3.9m $105k
Nonoperating Income (Expense) — — — — $13.1m $2.5m ($1.2m) ($2.7m) ($3.0m) ($8.9m)
Payments of Financing Costs — — — — — — $1.8m $0 $0 —
Beginning Cash Position — — — — — — $28.6m $31.6m $152.8m $41.4m
Cash Flow From Continuing Financing Activities — — — — — — $25.8m $84.3m ($37.0m) ($44.1m)
Cash Flow From Continuing Investing Activities — — — — — — ($81.3m) ($45.0m) ($149.4m) ($36.7m)
Change In Other Current Assets — — — — — — ($5.9m) ($197k) ($818k) ($10.4m)
Change In Other Current Liabilities — — — — — — $2.5m $1.3m ($1.4m) $86k
Change In Payables And Accrued Expense — — — — — — ($7.8m) $15k $1.7m ($7.8m)
Change In Receivables — — — — — — ($10.6m) ($6.0m) ($11.9m) ($9.1m)
Change In Working Capital — — — — — — ($21.7m) ($4.9m) ($12.4m) ($27.2m)
Changes In Account Receivables — — — — — — ($10.3m) ($5.6m) ($5.3m) ($12.0m)
Changes In Cash — — — — — — $3.0m $121.2m ($111.5m) ($5.8m)
End Cash Position — — — — — — $31.6m $152.8m $41.4m $35.6m
Financing Cash Flow — — — — — — $25.8m $84.3m ($37.0m) ($44.1m)
Free Cash Flow — — — — — — $50.3m $72.7m $65.8m $61.0m
Gain Loss On Sale Of Business — — — — — $0 $0 — — —
Gain Loss On Sale Of PPE — — — — — — ($643k) $166k $836k $383k
Investing Cash Flow — — — — — — ($81.3m) ($45.0m) ($149.4m) ($36.7m)
Issuance Of Capital Stock — — — — — — $0 $163.6m $0 $0
Net Business Purchase And Sale — — — — — — ($74.3m) ($36.9m) ($142.0m) ($24.9m)
Net PPE Purchase And Sale — — — — — — ($8.2m) ($9.3m) ($9.2m) ($14.1m)
Operating Gains Losses — — — — — — ($1.8m) ($789k) ($178k) ($1.1m)
Other Non Cash Items — — — — — — ($2.3m) ($612k) $723k ($4.4m)
Provisionand Write Offof Assets — — — — — — $5.5m $6.2m $6.9m $7.6m
Purchase Of Business — — — — — — ($75.1m) ($37.8m) ($142.1m) ($25.9m)
Purchase Of PPE $8.3m $7.1m $7.2m $10.2m $7.6m $8.2m ($8.2m) ($9.3m) ($9.2m) ($14.1m)
Repurchase Of Capital Stock — — — — — — — $0 $0 ($5.6m)
Sale Of Business — — — — — — $775k $977k $105k $916k
Stock Based Compensation — — — — — — $7.3m $7.2m $7.8m $8.3m
Net Cash Provided by (Used in) Operating Activities $51.0m $56.5m $73.0m $62.4m $100.0m $76.4m $58.5m $82.0m $74.9m $75.1m
Cash flows from investing activities:
Capital Expenditure — — — — — — ($8.2m) ($9.3m) ($9.2m) ($14.1m)
Payments to Acquire Businesses, Net of Cash Acquired $23.6m $36.7m $16.4m $30.6m $23.9m $86.8m $59.8m $26.6m $133.1m $15.7m
Payments for (Proceeds from) Other Investing Activities — — — — — — — ($321k) ($694k) ($364k)
Net Other Investing Changes — — — — — — — $321k $694k $895k
Net Cash Provided by (Used in) Investing Activities ($32.5m) ($43.6m) ($23.9m) ($38.0m) ($51.2m) ($124.1m) ($81.3m) ($45.0m) ($149.4m) ($36.7m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — — — — $150.0m $0 $0 —
Issuance Of Debt — — — — — — $251.0m $24.0m $19.0m $189.5m
Long Term Debt Issuance — — — — — — $251.0m $24.0m $19.0m $189.5m
Net Issuance Payments Of Debt — — — — — — $64.2m ($39.1m) $4.3m $8.1m
Net Long Term Debt Issuance — — — — — — $64.2m ($39.1m) $4.3m $8.1m
Repayments of Long-term Debt — — — — — — $1.9m $3.8m $3.8m $9.4m
Long Term Debt Payments — — — — — — ($186.8m) ($63.1m) ($14.7m) ($181.4m)
Repayment Of Debt — — — — — — ($186.8m) ($63.1m) ($14.7m) ($181.4m)
Proceeds from Issuance of Common Stock — — — — — $0 $0 $163.6m $0 $0
Common Stock Issuance — — — — — — $0 $163.6m $0 $0
Net Common Stock Issuance — — — — — — $0 $163.6m $0 ($5.6m)
Payments for Repurchase of Common Stock — — — — — — — $0 $0 $5.6m
Payments of Ordinary Dividends, Common Stock $8.5m $10.1m $11.7m $14.6m $4.1m $18.8m $21.3m $24.1m $26.5m $27.4m
Common Stock Payments — — — — — — — $0 $0 ($5.6m)
Proceeds from Noncontrolling Interests $138k — — — $0 $914k $1.6m $4.1m $1.9m $0
Cash Dividends Paid — — — — — — ($21.3m) ($24.1m) ($26.5m) ($27.4m)
Common Stock Dividend Paid — — — — — — ($21.3m) ($24.1m) ($26.5m) ($27.4m)
Dividends Received CFI — — — — — — $1.3m $830k $1.1m $1.4m
Proceeds from (Payments for) Other Financing Activities $1k $161k ($42k) ($52k) $2k $28k $12k $0 $0 —
Net Other Financing Charges — — — — — — ($17.1m) ($16.1m) ($14.7m) ($19.3m)
Net Cash Provided by (Used in) Financing Activities ($14.3m) ($11.1m) ($47.7m) ($24.3m) ($39.4m) $43.4m $25.8m $84.3m ($37.0m) ($44.1m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $4.3m $1.9m $1.4m $180k $9.4m ($4.4m) $3.0m $121.2m ($111.5m) ($5.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $23.5m $32.9m $28.6m $31.6m $152.8m $41.4m $35.6m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $3.0m $121.2m ($111.5m) ($5.8m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $784k $2.1m $2.4m $1.9m $1.2m $1.4m $5.7m $8.7m $7.2m $9.4m
Income Taxes Paid, Net $10.6m $8.5m $9.2m $9.9m $7.7m $12.2m $7.6m $4.9m $4.8m $14.3m

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