← OPENLANE, 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) Attributable to Parent | $222.4m |
$362.0m
+62.77%
|
$328.0m
-9.39%
|
$188.5m
-42.53%
|
$500k
-99.73%
|
$66.5m
+13200.00%
|
$241.2m
+262.71%
|
($154.1m)
-163.89%
|
$109.9m
+171.32%
|
$177.7m
+61.69%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $222.4m |
$362.0m
+62.77%
|
$328.0m
-9.39%
|
$188.5m
-42.53%
|
($21.1m)
-111.19%
|
$19.9m
+194.31%
|
($11.6m)
-158.29%
|
($199.2m)
-1617.24%
|
$49.2m
+124.70%
|
$177.7m
+261.18%
|
— | |
| Depreciation, Depletion and Amortization | $240.6m | $264.6m | $269.9m | $188.7m | $191.3m | $183.0m | $100.2m | $101.5m | $95.2m | $91.7m | $91.2m | |
| Amortization of Debt Issuance Costs | $8.8m | $10.4m | $10.6m | $12.2m | $11.7m | $12.1m | $10.7m | $8.7m | $9.1m | $8.9m | — | |
| Amortization of Intangible Assets | $151.0m | $162.6m | $155.4m | $122.9m | $128.2m | $128.2m | $83.6m | $87.7m | $81.5m | $79.2m | — | |
| Depreciation | $89.6m | $102.0m | $114.5m | $65.8m | $63.1m | $54.8m | $16.6m | $13.8m | $13.7m | $12.5m | $12.5m | |
| Amortization Cash Flow | — | — | — | — | — | — | $83.6m | $87.7m | $81.5m | — | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $83.6m | $87.7m | $81.5m | — | $79.2m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $100.2m | $101.5m | $95.2m | $91.7m | $91.2m | |
| Deferred Income Tax Expense (Benefit) | ($4.2m) | ($93.5m) | $100k | ($3.3m) | ($7.2m) | $7.8m | ($2.3m) | ($29.8m) | $1.7m | ($31.9m) | ($31.2m) | |
| Deferred Tax | — | — | — | — | — | — | ($2.3m) | ($29.8m) | $1.7m | ($31.9m) | ($31.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $18.1m | $24.2m | $23.4m | $19.6m | $14.0m | $15.6m | $16.6m | $16.5m | $14.7m | $14.6m | $26.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $5.9m | $10.2m | $10.8m | $4.0m | $2.2m | $2.7m | $2.6m | $3.5m | $6.7m | — | |
| Share-based Payment Arrangement, Expense | $18.1m | $24.2m | $23.4m | $19.6m | $14.0m | $15.6m | $16.6m | $16.5m | $14.7m | $14.6m | $26.7m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | $3.7m | — | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $29.8m | $0 | $0 | $250.8m | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | $25.5m | — | — | $225.3m | — | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $261.1m | $0 | $0 | $0 | |
| Other Nonoperating Income (Expense) | $500k | $1.9m | $3.5m | $7.7m | ($2.1m) | $17.5m | $1.3m | $15.6m | ($2.5m) | $13.7m | — | |
| Change In Working Capital | — | — | — | — | — | — | ($133.1m) | ($26.2m) | $39.8m | $81.1m | $69.0m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $9.8m | $4.6m | $6.2m | $4.8m | $5.2m | $5.3m | $8.8m | $8.6m | $6.7m | — | ($100.9m) | |
| Change In Receivables | — | — | — | — | — | — | $107.7m | ($66.0m) | $44.4m | ($69.1m) | ($100.9m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $107.7m | ($66.0m) | $44.4m | ($69.1m) | ($100.9m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($240.8m) | $39.8m | ($4.6m) | $150.2m | $169.9m | |
| Net Cash Provided by (Used in) Operating Activities | $360.8m |
$588.8m
+63.19%
|
$749.8m
+27.34%
|
$380.8m
-49.21%
|
$384.4m
+0.95%
|
$413.2m
+7.49%
|
$4.1m
-99.01%
|
$237.0m
+5680.49%
|
$292.8m
+23.54%
|
$391.9m
+33.85%
|
$410.1m
+4.64%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($100k) | $800k | $800k | ($200k) | $900k | $12.1m | $33.9m | $0 | $0 | ($7.0m) | $7.0m | |
| Capital Expenditure | — | — | — | — | — | — | ($60.9m) | ($52.0m) | ($53.0m) | ($55.4m) | ($56.2m) | |
| Gain (Loss) on Investments | — | — | — | — | — | $33.4m | ($7.1m) | ($400k) | $400k | $0 | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | $1.4m | ($7.1m) | $0 | $0 | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $432.1m | $73.3m | $45.2m | $120.7m | $421.0m | $521.8m | $400k | $103.0m | $0 | $0 | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | $97.9m | $65.5m | ($96.7m) | ($135.3m) | ($307.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($765.3m) | ($379.8m) | ($381.2m) | ($415.0m) | ($326.6m) | ($1.2b) | $70.0m | ($90.5m) | ($70.9m) | ($149.0m) | ($362.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($5.4m) | ($27.5m) | $0 | ($2.2m) | $0 | $0 | ($17.2m) | ($1.1m) | $0 | $0 | — | |
| Repayments of Long-term Debt | $662.6m | $2.4b | $17.0m | $1.7b | $9.5m | $9.5m | $928.6m | $0 | $0 | $210.0m | ($3.8m) | |
| Proceeds from Issuance of Long-term Debt | $1.3b | $2.7b | $0 | $947.6m | $0 | $0 | — | $0 | $0 | $547.3m | $547.3m | |
| Issuance Of Debt | — | — | — | — | — | — | $141.9m | $5.9m | $0 | $547.3m | $547.3m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $141.9m | $5.9m | $0 | $547.3m | $547.3m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.5b) | ($142.0m) | ($132.6m) | ($234.2m) | ($3.8m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($1.4b) | ($136.1m) | ($132.6m) | $313.1m | $543.5m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($1.4b) | ($136.1m) | ($132.6m) | $313.1m | $543.5m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $408.4m | $141.9m | ($52.3m) | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.5b) | ($142.0m) | ($132.6m) | ($234.2m) | ($3.8m) | |
| Short Term Debt Issuance | — | — | — | — | — | $424.4m | $141.9m | $5.9m | — | — | — | |
| Short Term Debt Payments | — | — | — | — | — | ($16.0m) | ($5.7m) | ($58.2m) | — | — | — | |
| Payments for Repurchase of Common Stock | $80.4m | $150.0m | $150.0m | $119.7m | $10.2m | $180.9m | $182.2m | $22.2m | $30.0m | $45.6m | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | — | — | $0 | — | — | — | ($21.7m) | |
| Common Stock Dividend Paid | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Common Stock Issuance | — | — | — | — | — | $30.0m | $0 | $0 | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($182.2m) | ($22.2m) | ($30.0m) | ($45.6m) | ($84.4m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $30.0m | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($182.2m) | ($22.2m) | ($30.0m) | ($45.6m) | ($84.4m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($182.2m) | ($22.2m) | ($30.0m) | ($604.9m) | ($649.3m) | |
| Payments of Dividends | — | — | — | — | — | — | $0 | — | — | — | ($21.7m) | |
| Dividends Payable, Current | $43.7m | $47.0m | $46.5m | $24.5m | $0 | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($22.2m) | ($44.4m) | ($44.4m) | ($38.6m) | ($21.7m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($22.2m) | ($44.4m) | ($44.4m) | ($38.6m) | ($21.7m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($22.0m) | ($79.9m) | $31.7m | $62.9m | $148.7m | |
| Net Cash Provided by (Used in) Financing Activities | $453.2m |
($107.6m)
-123.74%
|
($320.1m)
-197.49%
|
— | — | — | — | — | — | — | $37.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $48.5m | $116.9m | $28.1m | $256.2m | $251.4m | ($596.5m) | $74.3m | ($118.8m) | $24.8m | $1.7m | $233.8m | |
| Beginning Cash Position | — | — | — | — | — | — | $203.4m | $277.7m | $158.9m | $183.7m | $148.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $48.5m | $116.9m | $364.7m | $560.9m | $812.3m | $215.8m | $277.7m | $158.9m | $183.7m | $185.4m | $233.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.9m) | $14.0m | ($20.4m) | $12.8m | ($1.2m) | ($1.5m) | ($19.4m) | $9.2m | ($21.8m) | $16.7m | ($16.0m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($19.4m) | $9.2m | ($21.8m) | $16.7m | ($16.0m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $124.5m | $147.1m | $180.8m | $170.0m | $116.6m | $112.7m | $106.4m | $145.2m | $140.7m | $115.4m | — | |
| Income Taxes Paid, Net | $121.6m | $126.0m | $121.9m | $37.8m | $16.6m | $26.0m | $25.6m | $35.8m | $36.6m | $40.4m | — | |
| Additional Financial Items | ||||||||||||
| Financing Interest Expense | — | — | — | — | — | — | — | — | $123.5m | $109.9m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($700k) | $800k | ($3.9m) | $700k | ($4.9m) | ($3.8m) | ($2.5m) | $2.9m | ($5.8m) | $9.3m | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | $31.6m | $0 | — | |
| Goodwill | $2.1b | $2.2b | $2.2b | $1.8b | $2.1b | $2.6b | $1.5b | $1.3b | $1.2b | $1.2b | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | $92.4m | $500k | $66.5m | $28.6m | ($154.8m) | $109.9m | $177.7m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | ($188.0m) | ($210.4m) | $96.1m | $0 | $0 | $212.6m | $700k | $0 | $0 | — | |
| Income Tax Expense (Benefit) | $132.9m | $36.0m | $107.7m | $37.7m | $4.9m | $35.0m | $10.0m | $8.3m | $48.0m | $14.5m | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | $9.8m | $50.6m | $47.6m | $42.4m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | $32.0m | $0 | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($1.6b) | ($279.9m) | ($173.9m) | ($257.9m) | $37.8m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $70.0m | ($90.5m) | ($70.9m) | ($149.0m) | ($362.9m) | |
| Cash From Discontinued Financing Activities | — | — | — | — | — | — | $10.8m |
$0
-100.00%
|
$0 | $0 | $0 | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | ($32.2m) | $2.1b | $7.0m | $0 | — | $0 | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $74.3m | ($118.8m) | $24.8m | $1.7m | — | |
| Changes In Cash | — | — | — | — | — | — | $81.3m | ($128.0m) | $46.6m | ($15.0m) | $85.0m | |
| End Cash Position | — | — | — | — | — | — | $277.7m | $158.9m | $183.7m | $185.4m | $233.8m | |
| Financing Cash Flow | — | — | — | — | — | — | ($1.6b) |
($279.9m)
+82.63%
|
($173.9m)
+37.87%
|
($257.9m)
-48.30%
|
$37.8m
+114.66%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($515.9m) | $185.0m | $239.8m | $336.5m | $353.9m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | $0 | ($31.6m) | $0 | $0 | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($33.9m) | $0 | $0 | $7.0m | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | $2.1b | ($90.5m) | ($70.9m) | ($149.0m) | ($362.9m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($400k) | ($103.0m) | $79.8m | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($6.4m) | ($1.3m) | ($1.9m) | ($700k) | $300k | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($21.1m) | ($51.7m) | ($52.1m) | ($13.0m) | ($56.2m) | |
| Net Preferred Stock Issuance | — | — | — | — | — | $0 | $0 | $0 | $0 | ($559.3m) | ($564.9m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($16.7m) | $1.1m | ($31.6m) | $7.0m | $7.0m | |
| Other Cash Adjustment Outside Changein Cash | — | — | — | — | — | — | $12.4m | $0 | $0 | $0 | — | |
| Other Non Cash Items | — | — | — | — | — | — | ($227.5m) | $7.7m | $8.8m | $9.3m | — | |
| Preferred Stock Payments | — | — | — | — | — | — | — | $0 | $0 | ($559.3m) | ($564.9m) | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $1.4m | $2.7m | $1.4m | $9.6m | $16.6m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $18.6m | $59.2m | $54.3m | $42.4m | $43.6m | |
| Purchase Of Business | — | — | — | — | — | — | ($400k) | ($103.0m) | $0 | $0 | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($6.7m) | ($1.3m) | ($2.8m) | ($1.5m) | ($2.4m) | |
| Purchase Of PPE | $155.1m | $152.2m | $198.0m | $161.6m | $101.4m | $108.5m | ($60.9m) | ($52.0m) | ($53.0m) | ($55.4m) | ($56.2m) | |
| Sale Of Investment | — | — | — | — | — | — | $300k | $0 | $900k | $800k | $2.7m | |
| Sale Of PPE | — | — | — | — | — | — | $39.8m | $300k | $900k | $42.4m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $16.6m | $16.5m | $14.7m | $14.6m | $26.7m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | ($1.4m) | $7.1m | $0 | $0 | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.