← COGNEX CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $149.6m |
$177.2m
+18.46%
|
$219.3m
+23.76%
|
$203.9m
-7.02%
|
$176.2m
-13.58%
|
$279.9m
+58.86%
|
$215.5m
-22.99%
|
$113.2m
-47.46%
|
$106.2m
-6.24%
|
$114.4m
+7.79%
|
— | |
| Amortization of Intangible Assets | $3.4m | $3.3m | $3.1m | $3.4m | $4.4m | $3.7m | $3.3m | $4.6m | $11.4m | $10.5m | — | |
| Depreciation | $11.7m | $13.7m | $18.5m | $21.5m | $22.1m | $16.6m | $16.3m | $17.3m | $21.3m | $20.3m | $19.0m | |
| Deferred Income Tax Expense (Benefit) | ($3.0m) | $1.3m | ($745k) | ($89.5m) | ($3.6m) | ($2.6m) | ($29.1m) | ($19.7m) | ($20.0m) | $39.7m | $51.4m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | $1.4m | — | — | — | — | — | $49.4m | |
| Share-based Payment Arrangement, Expense | $20.6m | $31.9m | $41.1m | $45.6m | $42.7m | $43.8m | $54.5m | $54.8m | $52.4m | $48.5m | $49.4m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $19.6m | $0 | $0 | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $3.4m | $0 | $0 | — | — | — | — | |
| Other Nonoperating Income (Expense) | $871k | ($338k) | ($219k) | $1.2m | ($309k) | ($591k) | ($412k) | $592k | $922k | $7.4m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $13.3m | $55.2m | $1.9m | ($16.8m) | $21.3m | $4.5m | ($3.5m) | ($23.3m) | $32.1m | $1.4m | ($42.2m) | |
| Increase (Decrease) in Inventories | ($10.4m) | $37.1m | $16.9m | ($23.1m) | $10.3m | $54.9m | $48.9m | $22.6m | $1.3m | ($4.9m) | ($15.8m) | |
| Increase (Decrease) in Accounts Payable | $2.1m | $12.3m | ($7.2m) | $1.6m | ($1.7m) | $27.8m | ($17.3m) | ($13.7m) | $18.4m | $11.7m | $22.9m | |
| Net Cash Provided by (Used in) Operating Activities | $182.1m |
$224.3m
+23.20%
|
$223.5m
-0.39%
|
$253.2m
+13.32%
|
$242.4m
-4.27%
|
$314.1m
+29.56%
|
$243.4m
-22.50%
|
$112.9m
-53.61%
|
$149.1m
+32.03%
|
$245.5m
+64.68%
|
$276.6m
+12.68%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $12.8m | $28.8m | $37.1m | $21.7m | $13.3m | $15.5m | $19.7m | $23.1m | $15.0m | $8.7m | ($8.3m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | $0 | $324k | ($1.8m) | ($33k) | ($19k) | ($229k) | ($88k) | ($164k) | $40k | |
| Gain (Loss) on Sale of Investments | $1.5m | $829k | $501k | $1.5m | $4.1m | $236k | ($182k) | ($2.0m) | ($8k) | $156k | — | |
| Payments to Acquire Investments | $751.9m | $636.9m | $782.0m | $1.0b | $922.9m | $668.1m | $233.7m | $184.1m | $850.9m | $290.2m | ($208.4m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $14.3m | $24.1m | $4.3m | $166.9m | ($1.0m) | $0 | $5.0m | $257.1m | $1.4m | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($121.8m) | ($105.6m) | ($10.8m) | ($157.3m) | $169.4m | ($252.5m) | ($4.5m) | $32.3m | ($39.0m) | $28.0m | ($70.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $47.1m | $123.7m | $203.8m | $61.7m | $51.0m | $161.7m | $204.3m | $79.8m | $67.1m | $151.2m | — | |
| Payments of Ordinary Dividends, Common Stock | $25.2m | $29.0m | $31.9m | $35.1m | $390.5m | $43.3m | $45.9m | $49.1m | $52.3m | $54.6m | ($56.1m) | |
| Payments of Dividends | $25.2m | $29.0m | $31.9m | $35.1m | $390.5m | $43.3m | $45.9m | — | — | — | ($56.1m) | |
| Net Cash Provided by (Used in) Financing Activities | ($29.2m) |
($100.1m)
-242.52%
|
($209.9m)
-109.65%
|
($32.2m)
+84.64%
|
($316.9m)
-883.05%
|
($141.6m)
+55.31%
|
($240.4m)
-69.73%
|
($125.6m)
+47.75%
|
($118.4m)
+5.72%
|
($206.7m)
-74.54%
|
($77.2m)
+62.65%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($3.4m) | $8.3m | ($1.1m) | ($437k) | $97.6m | ($82.9m) | ($4.8m) | $21.3m | ($16.6m) | $76.8m | $307.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $269.1m | $186.2m | $181.4m | $202.7m | $186.1m | $262.9m | $307.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($3.4m) | $8.3m | ($1.1m) | ($437k) | $2.7m | ($2.8m) | ($3.4m) | $1.7m | ($8.3m) | $10.0m | ($5.4m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $20.7m | $11.8m | $41.4m | $13.4m | $33.7m | $49.4m | $57.0m | $56.6m | $59.8m | $42.3m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $101k | ($1.6m) | ($1.1m) | ($509k) | $3.7m | ($2.3m) | ($1.8m) | ($10.0m) | $1.5m | ($4.1m) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | ($1.9m) | ($33k) | ($754k) | ($229k) | ($88k) | ($164k) | — | |
| Gain (Loss) on Disposition of Business | ($255k) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | $95.3m | $113.2m | $113.2m | $243.4m | $244.1m | $241.7m | $242.6m | $393.2m | $384.9m | $386.3m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $149.8m | $177.2m | $219.3m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($255k) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $19.0m | $89.7m | $15.3m | ($40.9m) | $10.7m | $39.0m | $35.2m | $22.1m | $25.3m | $68.4m | — | |
| Operating Lease, Expense | — | — | — | $6.9m | $8.2m | $8.2m | $8.9m | $11.6m | $14.1m | $14.0m | — | |
| Operating Lease, Lease Income | — | — | — | $311k | $77k | — | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($398k) | $41k | $0 | $0 | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | — | $11.1m | $6.0m | $6.4m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | ($2.0m) | ($8k) | $156k | — | |
| Stock or Unit Option Plan Expense | $20.6m | $31.9m | $41.1m | $45.6m | $42.7m | $43.8m | $54.5m | $54.8m | $52.4m | $48.5m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.