← SPX Technologies, 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 From Continuing Operations | — | — | — | — | — | — | $19.8m | $144.7m | $201.8m | $245.5m | $285.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($85.3m) |
$89.3m
+204.69%
|
$81.2m
-9.07%
|
$70.9m
-12.68%
|
$97.2m
+37.09%
|
$425.4m
+337.65%
|
$200k
-99.95%
|
$89.9m
+44850.00%
|
$200.5m
+123.03%
|
$244.0m
+21.70%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($67.6m) | $89.3m | $81.2m | $65.3m | $97.2m | $425.4m | $200k | $89.9m | $200.5m | $244.0m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($400k) | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $26.5m | $25.2m | $29.2m | $34.5m | $41.7m | $42.3m | $46.4m | $63.2m | $91.6m | $122.6m | $130.9m | |
| Amortization of Intangible Assets | $2.8m | $600k | $4.2m | $8.9m | $14.0m | $21.6m | $28.5m | $43.9m | $64.5m | $91.3m | — | |
| Capitalized Computer Software, Amortization | $1.2m | $2.4m | $2.4m | $2.4m | $2.5m | $1.3m | $100k | $100k | $400k | $700k | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $46.4m | $63.2m | $91.6m | $122.6m | $130.9m | |
| Deferred Income Tax Expense (Benefit) | $0 | ($21.0m) | ($300k) | $14.8m | $11.3m | ($1.4m) | ($21.4m) | ($25.2m) | ($15.1m) | $26.1m | $28.4m | |
| Deferred Tax | — | — | — | — | — | — | ($21.4m) | ($25.2m) | ($15.1m) | $26.1m | $28.4m | |
| Share-based Payment Arrangement, Noncash Expense | $13.7m | $15.8m | $15.5m | $13.6m | $14.0m | $12.8m | $10.9m | $13.4m | $15.0m | $16.7m | $17.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.6m | $1.3m | $7.8m | $3.9m | — | — | — | $1.3m | — | — | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $15.0m | $16.7m | $17.1m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | $5.7m | $13.4m | $0 | $0 | $700k | — | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $28.2m | $0 | $0 | $0 | $0 | $700k | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $700k | — | — | — | — | $700k | — | |
| Restructuring Costs and Asset Impairment Charges | $3.6m | $0 | $600k | — | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $13.4m | $0 | $0 | $700k | $700k | |
| Other Nonoperating Income (Expense) | ($300k) | ($2.0m) | ($7.6m) | ($4.9m) | $2.7m | $9.0m | ($15.2m) | ($10.1m) | ($9.3m) | $8.5m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($127.4m) | $34.5m | $6.9m | ($54.3m) | ($67.4m) | |
| Change In Receivables | — | — | — | — | — | — | ($300k) | $30.6m | $2.1m | ($81.8m) | ($89.1m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($300k) | $30.6m | $2.1m | ($81.8m) | ($89.1m) | |
| Increase (Decrease) in Inventories | ($8.5m) | ($4.5m) | ($5.1m) | $8.5m | $2.2m | $21.0m | $53.4m | $3.1m | ($9.1m) | ($2.8m) | ($47.5m) | |
| Change In Inventory | — | — | — | — | — | — | ($53.4m) | ($3.1m) | $9.1m | $2.8m | ($47.5m) | |
| Other Operating Income (Expense), Net | — | — | — | $1.8m | ($9.0m) | ($20.2m) | ($74.9m) | ($9.0m) | ($8.4m) | ($500k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $6.5m |
$47.6m
+632.31%
|
$110.6m
+132.35%
|
$148.6m
+34.36%
|
$126.3m
-15.01%
|
$174.6m
+38.24%
|
($136.8m)
-178.35%
|
$208.5m
+252.41%
|
$285.9m
+37.12%
|
$333.3m
+16.58%
|
$422.8m
+26.85%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | $11.7m | $11.0m | $12.4m | $17.8m | $21.5m | $9.6m | ($15.9m) | ($23.9m) | ($38.0m) | ($92.1m) | ($118.5m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $180.8m | $147.1m | $104.4m | $265.2m | $40.0m | $547.0m | $292.0m | $445.0m | ($436.9m) | |
| Net Other Investing Changes | — | — | — | — | — | — | $3.7m | $700k | $45.5m | ($23.9m) | ($23.7m) | |
| Net Cash Provided by (Used in) Investing Activities | $5.5m | ($11.3m) | ($180.6m) | ($153.7m) | ($126.1m) | $314.1m | ($66.1m) | ($570.2m) | ($284.5m) | ($561.0m) | ($579.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($1.3m) | — | — | — | — | — | — | — | — | ($1.5m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $245.0m | $1.0b | $656.8m | $1.3b | $1.1b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $245.0m | $1.0b | $656.8m | $1.3b | $1.1b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($244.5m) | ($734.9m) | ($602.0m) | ($1.4b) | ($1.5b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $500k | $312.2m | $54.8m | ($113.5m) | ($405.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $500k | $312.2m | $54.8m | ($113.5m) | ($405.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($244.5m) | ($734.9m) | ($602.0m) | ($1.4b) | ($1.5b) | |
| Payments for Repurchase of Common Stock | $0 | — | — | — | — | — | $33.7m | $0 | $0 | — | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | — | — | — | $551.1m | $551.1m | |
| Common Stock Issuance | — | — | — | — | — | — | ($33.7m) | $0 | $0 | $551.1m | $551.1m | |
| Common Stock Payments | — | — | — | — | — | $0 | ($33.7m) | $0 | $0 | — | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | — | $0 | $0 | $551.1m | $551.1m | |
| Repurchase Of Capital Stock | — | — | — | — | — | $0 | ($33.7m) | $0 | $0 | — | $0 | |
| Proceeds from (Payments for) Other Financing Activities | ($10.1m) | ($10.1m) | ($4.8m) | ($600k) | ($2.2m) | ($400k) | ($800k) | ($400k) | ($1.2m) | $100k | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($6.7m) | ($2.6m) | ($1.7m) | ($12.1m) | ($17.6m) | |
| Net Cash Provided by (Used in) Financing Activities | ($20.5m) |
($6.2m)
+69.76%
|
$16.8m
+370.97%
|
($11.1m)
-166.07%
|
$15.9m
+243.24%
|
($167.6m)
-1154.09%
|
($38.9m)
+76.79%
|
$309.6m
+895.89%
|
$53.1m
-82.85%
|
$425.5m
+701.32%
|
$128.5m
-69.80%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($14.1m) | $13.6m | $327.7m | ($238.9m) | ($52.2m) | $56.5m | $204.6m | $167.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $396.0m | $157.1m | $104.9m | $161.4m | $136.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $2.1m | ($2.5m) | $6.6m | $2.9m | ($100k) | $2.0m | $6.8m | $800k | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $2.9m | ($100k) | $2.0m | $6.8m | $800k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $12.5m | $15.1m | $19.7m | $16.1m | $17.5m | $11.4m | $6.5m | $25.6m | $43.4m | $41.7m | — | |
| Income Taxes Paid, Net | $4.8m | $22.9m | $44.3m | ($7.0m) | $7.6m | ($5.5m) | $59.6m | $58.4m | ($43.5m) | $57.3m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | ($81.3m) | $5.3m | $3.0m | ($4.4m) | ($3.7m) | $360.7m | ($19.6m) | ($54.8m) | ($1.3m) | ($1.5m) | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | ($16.6m) | $0 | $0 | $0 | $200k | $5.7m | $0 | $0 | $0 | $0 | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | $7.9m | $8.6m | $11.8m | ($3.0m) | $3.6m | ($4.2m) | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.4m) | ($3.3m) | ($300k) | ($1.5m) | $1.3m | ($900k) | ($1.1m) | ($900k) | $800k | ($2.5m) | — | |
| Gain (Loss) on Disposition of Assets | $900k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | $18.4m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | $340.4m | $345.9m | $394.4m | $449.3m | $499.9m | $457.3m | $455.3m | $704.8m | $834.5m | $1.0b | $700k | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $12.6m | $84.0m | $78.2m | $75.3m | $100.7m | $59.0m | $19.8m | $144.7m | $201.8m | $245.5m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $30.3m | $84.0m | $78.2m | $69.7m | $100.7m | $59.0m | $19.8m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($97.9m) | $5.3m | $3.0m | ($4.4m) | ($3.5m) | $366.4m | ($19.6m) | ($54.8m) | ($1.3m) | ($1.5m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($97.9m) | $5.3m | $3.0m | ($4.4m) | ($3.5m) | $366.4m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $9.1m | ($47.9m) | $1.4m | $13.5m | $15.8m | $10.9m | $7.3m | $41.6m | $53.6m | $68.6m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $45.7m | $48.1m | — | |
| Investment Income, Interest | $800k | $1.3m | $1.5m | $1.8m | $200k | $500k | $1.7m | $1.7m | $2.1m | $4.8m | — | |
| Payments of Financing Costs | $0 | $3.6m | $0 | $1.6m | $0 | $0 | $1.9m | $1.3m | $2.6m | $4.7m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($39.9m) | $309.6m | $53.1m | $425.5m | $128.5m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($52.2m) | ($570.2m) | ($284.5m) | ($561.0m) | ($579.1m) | |
| Cash From Discontinued Financing Activities | — | — | — | — | — | — | $1.0m |
$0
-100.00%
|
$0 | $0 | $0 | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | ($13.9m) | $0 | $0 | $0 | $59.2m | |
| Change In Account Payable | — | — | — | — | — | — | ($73.7m) | $7.0m | ($4.3m) | $24.7m | $69.2m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($238.9m) | ($52.2m) | $56.5m | $204.6m | — | |
| Change In Payable | — | — | — | — | — | — | ($73.7m) | $7.0m | ($4.3m) | $24.7m | $69.2m | |
| Changes In Cash | — | — | — | — | — | — | ($241.8m) | ($52.1m) | $54.5m | $197.8m | $30.5m | |
| End Cash Position | — | — | — | — | — | — | $157.1m | $104.9m | $161.4m | $366.0m | $167.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($38.9m) |
$309.6m
+895.89%
|
$53.1m
-82.85%
|
$425.5m
+701.32%
|
$128.5m
-69.80%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($152.7m) | $184.6m | $247.9m | $241.2m | $303.4m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | $0 | ($138.8m) | $0 | $0 | — | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($66.1m) | ($570.2m) | ($284.5m) | ($561.0m) | ($579.1m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($40.0m) | ($547.0m) | ($292.0m) | ($445.0m) | ($436.9m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($61.5m) | $22.0m | $15.4m | $19.9m | $21.4m | |
| Other Non Cash Items | — | — | — | — | — | — | $1.6m | ($5.2m) | ($6.7m) | ($18.6m) | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $3.4m | $22.0m | $15.4m | $19.9m | $21.4m | |
| Purchase Of Business | — | — | — | — | — | — | ($40.0m) | ($547.0m) | ($292.0m) | ($445.0m) | ($436.9m) | |
| Stock Based Compensation | — | — | — | — | — | — | $10.9m | $13.4m | $15.0m | $16.7m | $17.1m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $3.0m | ($3.6m) | $4.2m | ($23.0m) | ($18.5m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.