← Vistance Networks, 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 | $222.8m | $193.8m | $140.2m | ($929.5m) | ($573.4m) | ($462.6m) | ($1.3b) | ($1.5b) | ($315.5m) | $2.3b | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | ($973.2m) | ($629.5m) | ($519.9m) | ($1.3b) | ($1.5b) | ($380.7m) | $2.2b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $140.2m | ($929.5m) | ($573.4m) | ($462.6m) | ($1.3b) | ($1.5b) | ($315.5m) | $2.3b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($851.3m) | ($461.0m) | $324.3m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($599.6m) | $145.5m | $2.0b | |
| Amortization of Intangible Assets | $297.2m | $271.0m | $264.6m | $593.2m | $630.5m | $613.0m | $543.0m | $327.1m | $236.5m | $138.4m | |
| Depreciation | $80.5m | $81.7m | $75.6m | $143.7m | $158.3m | $136.7m | $127.2m | $111.8m | $82.9m | $21.2m | |
| Depreciation, Amortization and Accretion, Net | $399.1m | $378.0m | $357.5m | $770.9m | $823.3m | $786.3m | $696.1m | $561.2m | $370.5m | $277.0m | |
| Deferred Income Tax Expense (Benefit) | ($100.9m) | ($71.5m) | ($49.2m) | ($260.8m) | ($154.7m) | ($147.5m) | ($118.4m) | ($183.3m) | $65.0m | ($1.4b) | |
| Share-based Payment Arrangement, Noncash Expense | $35.0m | $41.9m | $44.9m | $90.8m | $115.0m | $79.6m | $61.1m | $47.3m | $29.1m | $42.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $3.9m | $15.4m | $15.7m | $13.2m | $16.9m | $26.4m | $14.8m | $9.1m | $1.9m | $31.3m | |
| Share-based Payment Arrangement, Expense | $35.0m | $41.9m | $44.9m | $90.8m | $115.0m | $79.6m | $61.1m | $43.6m | $25.2m | $30.4m | |
| Goodwill, Impairment Loss | $15.3m | $0 | $0 | $376.1m | $206.7m | $13.7m | $1.1b | $571.4m | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $15.0m | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 | $0 | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | — | ($4.8m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | $74.3m | — | — | |
| Income Tax Expense (Benefit) | $49.7m | $16.0m | $30.5m | ($144.5m) | ($81.1m) | ($71.9m) | ($13.1m) | $133.4m | $51.7m | ($269.4m) | |
| Other Nonoperating Income (Expense) | ($30.2m) | ($15.0m) | ($44.3m) | ($6.4m) | ($29.3m) | ($23.8m) | ($100k) | $59.7m | $10.2m | ($9.4m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $100.9m | ($96.7m) | ($65.1m) | ($258.8m) | ($228.4m) | $59.6m | $16.0m | ($461.7m) | $137.6m | $281.3m | |
| Increase (Decrease) in Inventories | $32.0m | ($53.7m) | $48.5m | ($489.1m) | $100.5m | $359.8m | $178.8m | ($391.3m) | ($152.5m) | $92.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($9.5m) | ($8.7m) | ($15.9m) | ($11.8m) | ($19.2m) | ($4.4m) | ($4.1m) | $13.9m | $9.5m | ($8.0m) | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | ($14.0m) | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | $1.0m | — | |
| Goodwill | $2.8b | $2.9b | $2.9b | $5.5b | $5.3b | $5.2b | $4.1b | $3.5b | $2.9b | $764.6m | |
| Investment Income, Interest | $5.5m | $4.2m | $7.0m | $18.1m | $4.4m | $1.9m | $2.8m | $11.1m | $10.9m | $16.7m | |
| Operating Expenses | — | — | — | $2.9b | $2.8b | $2.6b | $3.5b | $2.3b | $1.3b | $943.8m | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | — | — | — | — | $0 | $27.9m | $869.0m | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | ($665.8m) | $7.3m | |
| Net Cash Provided by (Used in) Operating Activities | $606.2m | $586.3m | $494.1m | $596.4m | $436.2m | $122.3m | $190.0m | $289.9m | $273.1m | $322.9m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $68.3m | $68.7m | $82.3m | $104.1m | $121.2m | $131.4m | $101.3m | $53.3m | $25.3m | $70.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $5.1b | — | — | — | — | $45.1m | $0 | |
| Payments for (Proceeds from) Other Investing Activities | ($2.3m) | — | — | — | $500k | $500k | ($19.1m) | ($20.4m) | ($13.0m) | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($54.6m) | ($166.2m) | ($64.3m) | ($5.2b) | ($120.2m) | ($136.8m) | ($82.1m) | $38.3m | ($57.2m) | $2.0b | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $19.8m | $780.4m | $150.0m | $6.9b | $950.0m | $1.2b | $333.0m | $0 | $4.3b | $50.0m | |
| Repayments of Long-term Debt | $718.9m | $990.4m | $550.0m | $3.1b | $1.3b | $1.3b | $365.0m | $32.0m | $4.3b | $2.0b | |
| Payments for Repurchase of Common Stock | — | $175.0m | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($3.1m) | — | — | — | — | $2.7m | $3.8m | $2.0m | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($708.4m) | ($413.6m) | ($409.6m) | $4.7b | ($383.8m) | ($139.5m) | ($65.0m) | ($181.7m) | ($83.0m) | ($2.1b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($11.9m) | $19.3m | ($16.0m) | ($100k) | ($76.3m) | ($161.6m) | $37.8m | $145.7m | $119.5m | $259.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | $543.8m | $663.3m | $922.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $231.3m | $465.2m | $520.9m | $525.9m | $563.2m | $654.0m | $649.8m | $640.4m | |
| Income Taxes Paid, Net | $149.0m | $100.9m | $112.1m | $120.9m | $94.4m | $79.4m | $130.7m | $101.1m | $100.4m | $204.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.