← LOGITECH INTERNATIONAL S.A.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $205.9m |
$208.5m
+1.29%
|
$257.6m
+23.51%
|
$449.7m
+74.60%
|
$947.3m
+110.63%
|
$644.5m
-31.96%
|
$364.6m
-43.43%
|
$612.1m
+67.91%
|
$631.5m
+3.17%
|
$711.2m
+12.61%
|
— | |
| Amortization of Intangible Assets | $9.4m | $15.6m | $24.2m | $30.9m | $31.8m | $30.2m | $24.4m | $21.7m | $20.1m | $13.3m | — | |
| Depreciation | $41.1m | $41.3m | $43.5m | $42.9m | $50.8m | $88.4m | $76.3m | $63.1m | $59.7m | $64.1m | $66.4m | |
| Deferred Income Tax Expense (Benefit) | ($2.4m) | $7.1m | ($12.3m) | ($159.9m) | $34.5m | $27.3m | $30.7m | ($42.4m) | $56.5m | $29.8m | $31.6m | |
| Share-based Payment Arrangement, Noncash Expense | $35.9m | $44.1m | $50.3m | $54.9m | $86.0m | $93.5m | $70.8m | $82.9m | $89.9m | $112.4m | $109.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $18.4m | $29.8m | $30.8m | $24.3m | $32.1m | $64.2m | $29.2m | $29.7m | $32.5m | $21.4m | — | |
| Share-based Payment Arrangement, Expense | $35.9m | $44.1m | $50.3m | $54.9m | $86.0m | $93.5m | $70.8m | $82.9m | $89.9m | $112.4m | $109.2m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | $0 | $21.4m | $0 | $0 | $0 | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | $0 | $0 | $2.0m | $0 | — | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $0 | $0 | $7.0m | $0 | $3.5m | $0 | $0 | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $569k | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $1.7m | ($2.4m) | ($436k) | $38.2m | ($1.8m) | $560k | ($13.3m) | ($16.4m) | ($3.0m) | $3.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $46.6m | $26.4m | $58.8m | $15.8m | $201.2m | $71.5m | ($51.2m) | ($91.5m) | ($70.0m) | $39.4m | ($35.3m) | |
| Increase (Decrease) in Inventories | $15.4m | ($16.0m) | $21.6m | ($60.4m) | $427.5m | $276.6m | ($247.3m) | ($259.8m) | $80.5m | ($22.9m) | $4.9m | |
| Increase (Decrease) in Accounts Payable | $24.5m | $17.7m | ($19.1m) | ($24.2m) | $554.0m | ($181.3m) | ($219.1m) | $39.3m | ($31.6m) | $109.2m | $30.4m | |
| Purchases of property and equipment, accrued but unpaid | $31.8m | $39.7m | $35.9m | $39.5m | $76.2m | $89.2m | $92.4m | $55.9m | $56.1m | $61.6m | ($62.1m) | |
| Net Cash Provided by (Used in) Operating Activities | $278.7m |
$346.3m
+24.23%
|
$305.2m
-11.86%
|
$425.0m
+39.26%
|
$1.5b
+243.21%
|
$298.3m
-79.55%
|
$534.0m
+79.01%
|
$1.1b
+114.44%
|
$842.6m
-26.42%
|
$1.0b
+23.10%
|
$1.1b
+4.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $31.8m | $39.7m | $35.9m | $39.5m | $76.2m | $89.2m | $92.4m | $55.9m | $56.1m | $61.6m | ($62.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($107k) | $0 | $4.0m | $5.0m | $16.8m | $11.9m | $8.6m | $11.5m | $10.1m | $13.6m | ($338k) | |
| Gain (Loss) on Investments | — | $669k | $816k | $39.0m | ($5.9m) | ($1.7m) | ($14.1m) | ($14.7m) | ($2.0m) | ($612k) | ($338k) | |
| Payments to Acquire Investments | $960k | $1.2m | $2.7m | — | — | — | — | — | — | — | ($11.9m) | |
| Unrealized Gain (Loss) on Investments | — | — | — | ($756k) | ($3.9m) | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $67.0m | $88.3m | $133.8m | $91.6m | $43.5m | $16.2m | $8.5m | $14.4m | $0 | $0 | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | $1.6m | $1.7m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($99.0m) | ($128.7m) | ($173.3m) | ($130.2m) | ($120.0m) | ($107.9m) | ($105.7m) | ($70.3m) | ($57.3m) | ($62.4m) | ($61.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $83.8m | $30.7m | $32.4m | $50.4m | $165.0m | $412.0m | $418.3m | $504.2m | $588.8m | $534.9m | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | ($1.1m) | ($3.3m) | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | ($146.1m) |
($127.9m)
+12.45%
|
($159.1m)
-24.45%
|
($176.7m)
-11.01%
|
($299.9m)
-69.78%
|
($606.8m)
-102.32%
|
($583.4m)
+3.87%
|
($690.2m)
-18.31%
|
($797.4m)
-15.53%
|
($751.1m)
+5.80%
|
($757.3m)
-0.83%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($5.4m) | $4.7m | ($37.4m) | $111.0m | $1.0b | ($421.6m) | ($179.7m) | $371.8m | ($17.6m) | $238.3m | $1.7b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $604.5m | $715.6m | $1.8b | $1.3b | $1.1b | $1.5b | $1.5b | $1.7b | $1.7b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($5.4m) | $4.7m | ($10.1m) | ($7.1m) | ($4.0m) | ($5.2m) | ($24.6m) | ($12.8m) | ($5.6m) | $14.6m | $1.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $11.3m | $15.1m | $15.3m | $20.9m | $23.0m | $192.9m | $72.0m | $50.9m | $67.5m | $86.4m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | $97k | $97k | $0 | $0 | $339k | ($922k) | $0 | ($1.9m) | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | — | — | — | — | — | $4.2m | $0 | $0 | — | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $169k | ($4.6m) | ($3.6m) | ($909k) | ($2.7m) | ($4.6m) | ($7.3m) | ($8.8m) | ($6.4m) | ($3.7m) | — | |
| General and Administrative Expense | $100.3m | $96.4m | $98.7m | $94.0m | $166.6m | $148.6m | $124.7m | $155.1m | $164.0m | $167.2m | — | |
| Goodwill | $249.7m | $275.5m | $343.7m | $400.9m | $429.6m | $448.2m | $454.6m | $462.0m | $463.2m | $465.4m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $205.9m | $208.5m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $9.1m | $23.7m | $13.6m | ($125.4m) | $200.9m | $131.3m | $98.9m | $9.5m | $75.3m | $115.3m | — | |
| Operating Expenses | $608.2m | $679.5m | $773.8m | $845.9m | $1.2b | $1.5b | $1.3b | $1.2b | $1.3b | $1.3b | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $1.7m | ($5.8m) | — | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.