← COHERENT 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 | $65.5m |
$95.3m
+45.49%
|
$88.0m
-7.63%
|
$107.5m
+22.18%
|
($67.0m)
-162.34%
|
— | $234.8m |
($259.5m)
-210.52%
|
($156.2m)
+39.82%
|
$49.4m
+131.61%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | ($67.0m) | — | $166.5m |
($403.7m)
-342.39%
|
($279.5m)
+30.76%
|
($80.6m)
+71.18%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $65.5m | $95.3m | $88.0m | $107.5m | ($67.0m) | — | $234.8m | ($259.5m) | ($158.8m) | $30.1m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | ($2.6m) | ($19.3m) | — | |
| Depreciation and amortization | $56.7m | $63.6m | $80.8m | $92.4m | $220.9m | $187.8m | $286.8m | $681.7m | $559.8m | $553.6m | $516.1m | |
| Amortization | $12.3m | $12.7m | $14.6m | $16.6m | $64.2m | $82.3m | $79.6m | $414.1m | $288.2m | $302.8m | $282.5m | |
| Amortization of Debt Issuance Costs | — | — | $10.1m | $12.6m | $22.1m | $20.7m | $5.0m | $20.0m | $17.7m | $19.8m | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | $10.1m | $12.6m | $22.1m | $20.7m | $18.8m | $19.9m | $17.7m | $19.8m | — | |
| Amortization of Intangible Assets | $12.3m | $12.7m | $14.6m | $16.6m | $64.2m | — | $79.6m | $414.1m | $288.0m | $302.8m | — | |
| Depreciation | $44.3m | $50.9m | $66.2m | $75.7m | $156.7m | $187.8m | $207.1m | $267.6m | $271.6m | $250.8m | $233.7m | |
| Deferred Income Tax Expense (Benefit) | $977k | ($1.2m) | $945k | ($10.5m) | ($42.5m) | — | ($8.2m) | ($206.8m) | ($102.8m) | ($95.4m) | ($145.4m) | |
| Share-based Payment Arrangement, Noncash Expense | $9.7m | $11.8m | $15.3m | $21.9m | $68.5m | — | $73.2m | $148.9m | $126.0m | $160.2m | $179.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $4.1m | $6.6m | $7.1m | $28.7m | — | $21.2m | $54.2m | $22.3m | $54.0m | — | |
| Share-based Payment Arrangement, Expense | $10.9m | $16.0m | $19.7m | $25.0m | $73.8m | — | $69.7m | $149.6m | $126.9m | $161.0m | $179.6m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | $5.0m | — | $0 | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | $0 | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | — | $17.0m | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | — | $119.5m | $16.6m | $140.9m | — | |
| Income (Loss) from Equity Method Investments | $29k | $744k | $3.6m | $3.2m | $2.8m | ($14.2m) | $2.2m | ($66k) | ($51k) | $1.3m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $20.8m | $26.2m | $21.0m | $50.8m | $92.0m | — | $55.2m | ($68.3m) | ($60.6m) | $170.4m | ($229.6m) | |
| Increase (Decrease) in Inventories | $8.7m | $25.0m | $38.7m | $36.4m | ($112.6m) | — | $230.9m | ($174.1m) | $23.2m | $202.7m | ($804.8m) | |
| Increase (Decrease) in Accounts Payable | $5.7m | $6.7m | $17.4m | $16.0m | $45.0m | — | $97.1m | ($83.3m) | $205.0m | $217.4m | $438.8m | |
| Other Operating Income (Expense), Net | $1.2m | $10.1m | $5.3m | $2.6m | ($14.0m) | — | ($11.2m) | ($31.6m) | $44.7m | $47.6m | — | |
| Net Cash Provided by (Used in) Operating Activities | $123.0m |
$118.6m
-3.54%
|
$161.0m
+35.74%
|
$178.5m
+10.84%
|
$297.3m
+66.57%
|
$574.4m
+93.19%
|
$413.3m
-28.04%
|
$634.0m
+53.39%
|
$545.7m
-13.93%
|
$633.6m
+16.10%
|
$140.3m
-77.85%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $58.2m | $138.5m | $153.4m | $137.1m | $136.9m | $32.0m | $314.3m | $436.1m | $346.8m | $440.8m | ($678.6m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | $0 | $0 | $1.5m | $2.5m | ($617k) | ($2.4m) | $758k | $782k | ($140.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | $0 | $0 | ($1.5m) | $2.5m | $617k | $2.4m | ($758k) | ($782k) | ($140.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $122.2m | $40.0m | $80.5m | $83.1m | $1.0b | $34.4m | $0 | $5.5b | $0 | $0 | $0 | |
| Payments for (Proceeds from) Other Investing Activities | ($161k) | ($1.3m) | ($1.0m) | ($693k) | $5.8m | — | $5.8m | $4.0m | $3.9m | $379k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($135.2m) | ($177.2m) | ($284.9m) | ($224.0m) | ($1.2b) | ($173.0m) | ($320.1m) | ($5.9b) | ($350.7m) | ($414.2m) | ($1.0b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $65.7m | $25.0m | — | — | — | — | — | — | — | — | ($2.5b) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | $0 | $6.9m | ($2.0m) | $0 | — | |
| Payments for Repurchase of Common Stock | $6.3m | — | $49.9m | $1.6m | $1.6m | — | $0 | — | — | — | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | $0 | — | $0 | $0 | — | — | $0 | |
| Proceeds from (Payments for) Other Financing Activities | ($1.4m) | — | — | — | ($2.3m) | — | ($2.0m) | ($1.1m) | ($1.0m) | ($948k) | — | |
| Net Cash Provided by (Used in) Financing Activities | $61.5m |
$111.6m
+81.56%
|
$97.0m
-13.09%
|
$4.9m
-94.97%
|
$1.2b
+23964.49%
|
$675.7m
-42.42%
|
$863.0m
+27.71%
|
$3.6b
+311.84%
|
$758.3m
-78.66%
|
($451.7m)
-159.57%
|
$1.4b
+412.29%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $496k | $2.1m | ($42.2m) | $288.2m | $21.7m | $990.5m | ($1.7b) | $952.1m | ($156.8m) | $2.2b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $496k | $2.1m | ($1.5m) | ($3.5m) | $21.7m | $2.6b | $837.6m | $1.8b | $1.6b | $2.2b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $496k | $2.1m | ($1.5m) | ($3.5m) | $21.7m | $34.3m | ($4.2m) | ($1.2m) | $75.6m | $70.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $6.6m | $8.7m | $62.2m | $37.3m | $57.3m | $282.8m | $312.9m | $256.7m | — | |
| Income Taxes Paid, Net | $18.5m | $23.6m | $21.3m | $26.3m | $40.0m | $60.4m | $50.0m | $89.6m | $97.3m | $166.8m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $51k | $1.3m | ($850k) | ($3.2m) | ($14.4m) | — | ($1.2m) | $3.5m | $10.6m | ($33.1m) | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | — | — | ($15.0m) | $16.0m | — | |
| Goodwill | $233.8m | $250.3m | $270.7m | $319.8m | $1.2b | — | $1.3b | $4.5b | $4.5b | $4.5b | $119.5m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $65.5m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $65.5m | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $24.5m | $23.5m | $34.2m | $21.3m | $3.1m | — | $47.0m | ($96.1m) | $11.1m | $64.1m | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | $1.0b | $0 | — | |
| Proceeds from Stock Options Exercised | $9.7m | $15.1m | $10.5m | $8.7m | $13.5m | $32.4m | $17.9m | $24.2m | $42.3m | $49.6m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | $119.1m | — | $160.1m | — | |
| Operating Cash Flow | $123.0m |
$118.6m
-3.54%
|
$161.0m
+35.74%
|
$178.5m
+10.84%
|
$297.3m
+66.57%
|
$574.4m
+93.19%
|
$413.3m
-28.04%
|
$634.0m
+53.39%
|
$545.7m
-13.93%
|
$633.6m
+16.10%
|
$140.3m
-77.85%
|
|
| Cash Flow From Continuing Operating Activities | $123.0m | $118.6m | $161.0m | $178.5m | $297.3m | $574.4m | $413.3m | $634.0m | $545.7m | $633.6m | $140.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.