← LivaNova PLC
| 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 | ($62.8m) |
($25.1m)
+60.04%
|
($189.4m)
-654.91%
|
($155.2m)
+18.07%
|
($345.0m)
-122.33%
|
($135.8m)
+60.63%
|
($86.2m)
+36.50%
|
$17.5m
+120.34%
|
$63.2m
+260.39%
|
($242.5m)
-483.45%
|
— | |
| Depreciation, Depletion and Amortization | $85.4m | $37.1m | $32.7m | $30.3m | $38.3m | $26.5m | $25.2m | $25.5m | $17.2m | $28.6m | $63.7m | |
| Depreciation | $39.9m | $37.1m | $32.7m | $30.3m | $29.0m | $24.5m | $22.4m | $24.7m | $25.1m | $28.6m | $43.4m | |
| Amortization | $45.5m | $45.9m | $37.2m | $40.4m | $38.3m | $26.5m | $25.2m | $25.5m | $17.2m | $17.7m | $20.3m | |
| Amortization of Deferred Charges | $26.0m | $31.8m | $13.4m | $2.6m | $2.2m | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs | — | — | $222k | $2.2m | $9.7m | $16.7m | $21.3m | $19.1m | $21.6m | $23.1m | — | |
| Deferred Income Tax Expense (Benefit) | ($26.7m) | ($9.3m) | ($95.0m) | ($26.3m) | $37.3m | $2.9m | $1.4m | ($114.4m) | $6.8m | $455k | ($92.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $19.6m | $19.1m | $26.9m | $32.6m | $35.1m | $40.6m | $44.8m | $36.4m | $33.9m | $36.3m | $44.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $11.6m | $7.1m | $5.6m | $12.9m | $8.7m | $7.5m | $8.4m | $4.4m | — | |
| Share-based Payment Arrangement, Expense | $19.6m | $19.1m | $26.9m | $32.6m | $35.1m | $40.6m | $44.8m | $36.4m | $33.9m | $36.3m | $44.5m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $1.1m | — | |
| Goodwill, Impairment Loss | $18.3m | $0 | $0 | $42.4m | $21.3m | $0 | $129.4m | $0 | $0 | — | $2.2m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $139.3m | $6.8m | $0 | $0 | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | $896k | — | — | — | |
| Income (Loss) from Equity Method Investments | ($22.6m) | ($16.7m) | ($644k) | $0 | ($264k) | ($148k) | ($53k) | ($104k) | ($18k) | ($51k) | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | — | ($2.7m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | $1.0m | $664k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $16.4m | $48.9m | ($21.2m) | $5.3m | ($58.8m) | $15.7m | $4.8m | $28.9m | ($11.1m) | $10.7m | ($14.2m) | |
| Increase (Decrease) in Inventories | ($26.7m) | ($7.2m) | $10.6m | $10.6m | ($1.4m) | ($4.5m) | $25.7m | $28.5m | $6.8m | $5.3m | ($9.4m) | |
| Inventory Write-down | — | — | — | — | — | — | — | $12.6m | $0 | $0 | — | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | ($37.8m) | ($33.0m) | ($5.9m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $90.2m |
$91.3m
+1.32%
|
$120.5m
+31.91%
|
($91.1m)
-175.64%
|
($79.4m)
+12.86%
|
$102.5m
+229.11%
|
$69.9m
-31.81%
|
$74.9m
+7.14%
|
$183.0m
+144.33%
|
$254.3m
+38.95%
|
$249.3m
-2.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $36.5m | $34.1m | $38.0m | $24.7m | $35.0m | $25.5m | $26.5m | $35.0m | $47.1m | $81.0m | ($101.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($36.5m) | ($34.1m) | ($38.0m) | ($24.7m) | ($35.0m) | ($25.5m) | ($26.5m) | ($35.0m) | — | $4.1m | $55.7m | |
| Gain (Loss) on Investments | — | — | — | — | — | $4.6m | $0 | $0 | $7.1m | ($3.6m) | $58.9m | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | $6.5m | $1.1m | $5.7m | ($5.7m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $14.2m | $279.7m | $10.8m | $1.7m | $1.7m | $8.9m | $0 | $0 | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $1.3m | $659k | ($1.7m) | $88k | ($1.2m) | ($89k) | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($38.2m) | ($52.9m) | ($120.6m) | ($41.3m) | ($41.8m) | $36.9m | ($38.4m) | ($40.3m) | ($48.2m) | ($72.9m) | ($99.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $21.1m | $22.8m | $23.8m | $24.2m | $482.1m | $452.3m | $223.5m | $21.6m | $247.5m | $280.9m | ($166.6m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | $0 | $1.4m | ($60.2m) | $0 | $0 | ($25.5m) | ($2.7m) | — | |
| Proceeds from Issuance of Long-term Debt | $7.2m | $2.0m | $103.6m | $197.2m | $886.9m | $0 | $507.5m | $50.0m | $335.5m | $0 | $0 | |
| Payments for Repurchase of Common Stock | $54.5m | $0 | $50.0m | $0 | $0 | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $322.6m | $0 | $0 | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($919k) | ($207k) | $177k | $4.5m | $3.5m | $2.6m | $438k | ($338k) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($124.3m) |
$11.3m
+109.09%
|
($42.3m)
-474.96%
|
$146.6m
+446.13%
|
$310.8m
+112.00%
|
($181.5m)
-158.40%
|
$280.1m
+254.36%
|
$21.5m
-92.33%
|
$18.6m
-13.65%
|
($285.7m)
-1639.86%
|
($222.9m)
+21.95%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $4.0m | ($4.0m) | $13.9m | $191.7m | ($44.8m) | $307.6m | $62.3m | $145.7m | ($88.0m) | $520.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $4.0m | ($4.0m) | $61.1m | $252.8m | $208.0m | $515.6m | $577.9m | $723.6m | $635.6m | $520.1m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $4.0m | ($4.0m) | ($216k) | $2.2m | ($2.8m) | ($4.0m) | $6.2m | ($7.7m) | $16.2m | ($3.5m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $8.3m | $5.0m | $4.2m | $372k | — | — | $645k | $19k | $6.3m | $35k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $9k | $15.8m | $28.6m | $32.6m | $19.0m | $36.9m | $38.9m | $31.1m | — | |
| Income Taxes Paid, Net | $47.8m | $39.0m | $26k | $2.0m | $7.5m | ($13.6m) | $1.2m | ($1.6m) | $15.9m | $29.4m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | $365k | — | — | — | — | — | — | — | |
| Environmental Remediation Expense | $37.5m | $7.3m | — | — | — | — | — | — | — | $365.6m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | ($1.2m) | $378k | ($705k) | ($4.9m) | ($2.7m) | — | |
| Gain (Loss) on Disposition of Assets | ($6.0m) | ($6.0m) | ($567k) | ($3.2m) | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $0 | — | — | — | — | — | — | — | — | — | — | |
| Goodwill | $691.7m | $784.2m | $956.8m | $915.8m | $922.3m | $899.5m | $768.8m | $782.9m | $750.0m | $792.8m | $2.2m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $54.5m | ($178.5m) | ($155.5m) | ($343.5m) | ($135.8m) | ($86.2m) | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | ($79.6m) | ($10.9m) | $365k | ($1.5m) | $0 | $0 | — | — | — | — | |
| Income Tax Expense (Benefit) | $7.1m | $50.0m | ($69.6m) | ($30.2m) | ($736k) | $11.2m | $11.1m | ($98.9m) | $25.1m | $21.6m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $63.1m | $49.3m | — | |
| Investment Income, Interest | $1.7m | $1.3m | $847k | $803k | $131k | $435k | $4.7m | $22.0m | — | $19.0m | — | |
| Operating Expenses | $732.0m | $556.0m | — | — | — | — | — | — | — | — | — | |
| Restructuring Costs | $12.4m | ($14.6m) | — | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | — | $22.9m | $25.3m | $6.9m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.