← VEECO INSTRUMENTS 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 ($122.2m) ($44.8m) ($407.1m) ($78.7m) ($8.4m) $26.0m $166.9m ($30.4m) $73.7m $35.4m
Net Income (Loss) Available to Common Stockholders, Basic ($122.2m) ($44.8m) ($407.1m) ($78.7m) ($8.4m) $26.0m $166.9m ($30.4m) $73.7m $35.4m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — ($407.1m) ($78.7m) ($8.4m) $26.0m $166.9m ($30.4m) $73.7m $35.4m
Depreciation, Depletion and Amortization $32.6m $50.1m $50.0m $34.4m $30.7m $26.1m $25.6m $25.0m $25.1m $20.0m
Amortization of Debt Issuance Costs and Discounts — $10.4m $11.8m $12.7m $13.8m $13.8m $962k $1.1m $1.3m $1.1m
Amortization of Intangible Assets $19.2m $35.5m $32.4m $17.1m $15.3m $12.3m $10.0m $8.5m $7.0m $3.1m
Depreciation $13.4m $14.6m $17.6m $17.3m $15.4m $13.8m $15.6m $16.5m $18.2m $16.9m
Deferred Income Tax Expense (Benefit) $940k ($33.9m) ($27.6m) $360k ($299k) ($651k) ($118.0m) ($2.2m) ($8.7m) ($3.0m)
Share-based Payment Arrangement, Noncash Expense $15.7m $24.4m $16.1m $15.3m $12.7m $15.2m $23.0m $28.6m $35.9m $37.0m
Payment, Tax Withholding, Share-based Payment Arrangement $2.6m $8.7m $3.1m $3.0m $2.3m $9.0m $8.2m $11.0m $16.1m $9.1m
Share-based Payment Arrangement, Expense $15.7m $24.4m $16.1m $15.3m $12.7m $15.2m $23.0m $28.6m $35.9m $37.0m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — — $404k —
Goodwill, Impairment Loss — $0 $122.8m — — — — — — —
Gain (Loss) on Extinguishment of Debt — — — — ($7.8m) ($4.0m) — ($97.1m) — —
Income Tax Expense (Benefit) $2.8m ($36.1m) ($26.7m) $777k ($73k) ($358k) ($116.0m) $2.0m ($4.9m) $4.0m
Interest Expense Nonoperating — — — — — — — — $11.0m $9.1m
Other Nonoperating Income (Expense) — — — ($21.0m) ($7.8m) ($5.0m) — ($97.1m) — ($653k)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $8.7m ($4.5m) — — — — — — — —
Increase (Decrease) in Inventories $5.4m ($6.3m) $24.7m ($15.0m) $11.5m $24.8m $37.3m $35.2m $8.3m $28.6m
Foreign Currency Transaction Gain (Loss), before Tax $430k — — — — — — — — —
Goodwill $114.9m $307.1m $184.3m $181.9m $181.9m $181.9m $181.9m $215.0m $215.0m $215.0m
Investment Income, Interest $1.2m $2.3m $3.2m $4.7m $1.6m $2.3m $2.2m $10.6m $12.9m $13.5m
Operating Expenses $253.3m $248.1m $609.2m $197.8m $171.7m $185.6m $202.9m $215.1m $237.0m $229.7m
Proceeds from Stock Options Exercised — — — — — $37k — $56k $373k —
Revenue from Contract with Customer, Including Assessed Tax — — $542.1m $419.3m $454.2m $583.3m $646.1m $666.4m $717.3m $664.3m
Other Operating Income (Expense), Net ($223k) $392k ($368k) $42k $221k ($68k) ($317k) ($1.0m) $22.3m $889k
Net Cash Provided by (Used in) Operating Activities ($23.8m) $34.1m ($37.7m) ($7.4m) $43.0m $67.7m $108.5m $61.7m $63.8m $69.5m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $11.5m $24.3m $12.7m $10.9m $6.8m $40.6m $24.6m $27.9m $18.1m $16.2m
Payments to Acquire Businesses, Net of Cash Acquired — $401.8m $2.7m — — — — $30.4m — —
Payments for (Proceeds from) Other Investing Activities $230k — — — — — — — — —
Net Cash Provided by (Used in) Investing Activities $46.7m ($357.8m) ($18.3m) ($75.9m) ($71.8m) $44.5m ($68.9m) ($53.3m) ($64.5m) ($41.5m)
Cash flows from financing activities:
Repayments of Long-term Debt $340k $1.2m — — — — — — — —
Payments for Repurchase of Common Stock $13.3m $2.9m $11.5m — — — — — — —
Net Cash Provided by (Used in) Financing Activities ($14.6m) $325.9m ($11.5m) $126k $29.1m ($122.0m) ($4.5m) ($4.7m) ($12.6m) ($10.5m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($20k) $42k ($67.5m) ($83.1m) $332k ($9.8m) $35.0m $3.6m ($13.3m) $17.6m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $8.2m $3.1m $213.1m $130.0m $130.3m $120.5m $155.5m $159.1m $145.8m $163.5m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $225k $4.7m $9.7m $9.4m $12.7m $12.6m $10.1m $11.8m $9.5m $8.2m
Income Taxes Paid, Net $1.7m $1.9m $4.8m $2.9m $329k ($139k) $1.4m $5.1m $3.0m $87k

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