← HEALTHSTREAM INC
| 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), Including Portion Attributable to Noncontrolling Interest | $3.8m | $10.0m | $32.2m | $15.8m | $14.1m | $5.8m | $12.1m | $15.2m | $20.0m | $18.3m | — | |
| Depreciation, Depletion and Amortization | $22.2m | $26.3m | $24.2m | $27.9m | $30.2m | $36.8m | $37.9m | $41.1m | $41.2m | $43.5m | $44.5m | |
| Amortization of Intangible Assets | $7.8m | $9.5m | $9k | $9.6m | $10.5m | $14.9m | $14.5m | $15k | $13.4m | $13.7m | — | |
| Capitalized Computer Software, Amortization | $7.7m | $10.1m | $9.6m | $11.0m | $12.7m | $15.6m | $18.9m | $22.0m | $24.1m | $25.9m | — | |
| Depreciation | $6.8m | $6.6m | $5.5m | $7.3m | $6.9m | $6.3m | $4.5m | $4.2m | $3.8m | $3.9m | $44.5m | |
| Deferred Income Tax Expense (Benefit) | $1.8m | ($2.0m) | $3.0m | $2.2m | $4.3m | $1.5m | $710k | ($1.7m) | ($1.1m) | $5.1m | $8.4m | |
| Share-based Payment Arrangement, Noncash Expense | — | $1.9m | $1.8m | $4.2m | $2.2m | $5.3m | $3.6m | $4.2m | $4.5m | $8.1m | $8.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $316k | $412k | $338k | $1.0m | $435k | $1.2m | $565k | $934k | $1.1m | $2.5m | — | |
| Share-based Payment Arrangement, Expense | $2.0m | $1.9m | $1.8m | $4.2m | $2.2m | $5.3m | $3.6m | $4.2m | $4.5m | $8.1m | $8.6m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | — | $200k | — | — | — | — | $8.6m | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | $121k | ($5k) | $42k | $64k | ($51k) | ($462k) | ($747k) | ($384k) | ($230k) | ($190k) | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | ($289k) | $3.1m | $2.5m | — | — | — | |
| Other Nonoperating Income (Expense) | $581k | $733k | $1.1m | $3.2m | $2.0m | — | — | — | ($318k) | ($358k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Accounts Receivable, Credit Loss Expense (Reversal) | $640k | $1.8m | $1.0m | $211k | $274k | $723k | $385k | $1.0m | $2.6m | $1.0m | ($5.5m) | |
| Increase (Decrease) in Accounts Payable | ($1.3m) | $2.3m | — | — | — | — | — | — | — | — | $248k | |
| Purchases of property and equipment, accrued but unpaid | $5.1m | $6.0m | $7.2m | $22.0m | $2.0m | $3.4m | $1.8m | $2.2m | $1.4m | $3.7m | ($30.2m) | |
| Net Cash Provided by (Used in) Operating Activities | $24.2m |
$46.7m
+92.75%
|
$43.2m
-7.42%
|
$65.7m
+51.82%
|
$35.9m
-45.36%
|
$42.4m
+18.15%
|
$51.2m
+20.77%
|
$64.0m
+24.97%
|
$57.7m
-9.86%
|
$63.3m
+9.81%
|
$71.8m
+13.38%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.1m | $6.0m | $7.2m | $22.0m | $2.0m | $3.4m | $1.8m | $2.2m | $1.4m | $3.7m | ($30.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | ($97k) | — | — | — | ($21k) | $25k | $0 | $0 | — | $149k | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $119.4m | $90.1m | $69.0m | $80.6m | $77.1m | $9.9m | $10.6m | $28.2m | $69.2m | $52.1m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $55.3m | — | — | $27.0m | $121.3m | $4.7m | $4.0m | $6.6m | $1.3m | $35.1m | ($35.4m) | |
| Net Cash Provided by (Used in) Investing Activities | ($56.7m) | ($11.6m) | $36.6m | ($67.5m) | ($110.4m) | ($25.7m) | ($28.4m) | ($56.6m) | ($34.0m) | ($50.4m) | ($50.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | — | — | — | — | $20.0m | $5.0m | $23.1m | $8.9m | $0 | $30.0m | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | $32.4m | $58k | $40k | $19k | $0 | $3.1m | $3.4m | $3.7m | ($3.9m) | |
| Payments of Dividends | — | — | — | — | — | — | — | — | $3.4m | $3.7m | ($3.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $46k |
$1k
-97.83%
|
($30.3m)
-3025200.00%
|
($916k)
+96.97%
|
($20.5m)
-2137.34%
|
($6.2m)
+69.70%
|
($23.7m)
-281.74%
|
($13.0m)
+44.99%
|
($4.5m)
+65.37%
|
($36.3m)
-703.08%
|
($27.5m)
+24.10%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($2.8m) | ($95.0m) | $10.3m | ($882k) | ($5.7m) | $19.1m | ($23.3m) | $46.2m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $0 | $58k | ($114k) | $21k | ($23k) | ($36k) | ($7k) | ($37k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $145k | $413k | $2.6m | $214k | — | $0 | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $76k | $101k | $117k | $101k | $96k | $132k | $99k | $132k | $101k | $101k | — | |
| Income Taxes Paid, Net | $2.5m | $638k | $16.5m | $630k | $877k | ($92k) | $718k | $2.6m | $8.7m | $1.8m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Goodwill | $109.8m | $110.3m | $86.1m | $102.2m | $178.4m | $182.5m | $192.4m | $191.4m | $191.2m | $217.5m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $5.8m | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $13.3m | $14.2m | $14.1m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $19.0m | $1.6m | — | $0 | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $0 | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $2.4m | $529k | $3.3m | $3.7m | $3.7m | $1.9m | $3.5m | $3.3m | $4.8m | $4.9m | — |