Alkermes plc. (ALKS)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-138,876

-196,620

-200,979

-182,545

-173,204

-139,311

-139,387

-141,219

-151,569

-157,945

-169,297

-195,708

-199,902

-208,444

-256,685

-275,013

-273,929

-227,163

-127,267

-86,208

-36,364

-30,061

-42,498

-10,304

-6,705

20,648

18,829

9,884

24,983

-41,373

-72,459

-78,007

-113,678

0

0

0

Adjustments to reconcile net loss to cash flows from operating activities:
Depreciation and amortization

81,379

80,413

85,803

91,725

97,580

103,660

102,976

101,745

100,482

98,523

97,956

96,739

95,316

94,256

91,386

88,274

85,812

85,596

89,183

93,709

98,021

98,087

96,083

94,524

93,318

89,086

84,323

79,460

73,751

76,063

78,336

63,994

47,884

0

0

0

Share-based compensation expense

96,174

100,977

108,904

107,243

109,931

105,357

96,624

91,044

82,790

83,917

83,119

87,357

91,309

94,396

97,481

109,022

104,268

97,341

87,812

66,027

63,488

59,579

56,631

57,358

46,829

41,290

39,125

35,363

34,716

33,918

34,723

31,328

28,826

0

0

0

Deferred income taxes

6,571

-319

3,719

4,854

11,499

10,623

23,032

17,465

4,348

7,234

-9,063

-7,662

14,533

-9,689

-85,198

-68,094

-67,318

-37,580

-2,850

-8,232

-9,975

-19,192

35,640

27,256

10,477

14,860

-2,685

-2,999

-2,113

0

0

0

-

-

-

-

Change in the fair value of contingent consideration

6,600

-22,800

-30,100

-27,200

-40,300

-19,600

-11,600

-2,200

18,100

21,600

20,700

6,100

7,600

7,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

Loss on debt refinancing

-

-

-

-

-

-2,298

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

Payment made for debt refinancing

-

-

-

-

-

2,251

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

4,229

877

16,676

28,706

28,576

42,740

41,889

29,948

32,367

25,382

11,161

18,557

15,907

16,936

15,979

8,867

0

0

0

-

-

-

-

Prepayment penalty in connection with debt refinancing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

Other non-cash charges

-253

580

-140

256

2,020

979

1,323

1,337

1,923

3,471

4,392

5,325

3,887

2,936

2,732

3,033

2,168

1,351

-209

-1,312

5,345

9,192

2,288

3,340

-2,158

-5,065

3,086

4,691

5,698

6,581

8,008

6,244

4,342

0

0

0

Changes in assets and liabilities:
Receivables

23,905

-35,136

-678

5,996

8,651

58,632

43,377

55,523

37,674

42,489

30,090

14,700

36,674

35,616

36,460

49,226

10,354

16,455

9,814

8,986

18,825

17,397

23,244

8,738

-1,466

14,319

18,450

-5,078

28,239

15,418

20,364

41,674

14,014

0

0

0

Contract assets

10,752

5,156

-8,453

-1,891

-17,622

-880

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

18,219

13,077

10,393

4,511

3,934

2,665

10,944

17,688

29,889

30,191

31,068

27,721

19,132

26,381

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-11,900

1,784

579

3,638

6,949

5,990

10,853

5,547

5,715

9,506

15,848

7,180

14,246

15,014

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets

-10,194

-8,399

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory, prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

20,413

23,847

20,023

5,169

7,172

8,547

6,577

4,580

-3,931

7,039

4,879

0

0

0

Accounts payable and accrued expenses

-519

34,847

54,382

39,445

44,974

46,739

42,127

56,634

60,265

72,658

62,467

46,567

44,820

45,870

56,697

67,720

85,778

76,155

78,084

74,341

49,677

56,896

48,956

29,486

13,042

42,722

29,101

28,565

19,406

-15,609

-25,791

-40

15,552

0

0

0

Contract liabilities

14,556

16,140

1,059

2,939

3,732

3,252

2,140

369

-1,097

-1,447

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

-9,198

-9,117

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

-764

-743

-629

-1,561

-480

-359

-996

2,774

2,843

3,086

3,173

-621

-7,118

-3,351

2,197

3,819

9,265

6,068

0

0

0

Other long-term liabilities

-1,699

18

4,306

8,783

8,092

8,996

3,735

4,812

6,515

6,094

6,761

6,922

4,946

4,587

6,739

5,399

5,035

3,292

4,233

880

3,727

3,594

124

3,463

-1,369

-291

-136

1,773

3,318

0

0

0

-

-

-

-

Cash flows (used in) provided by operating activities

9,593

72,077

90,520

93,028

148,331

99,281

74,677

60,676

6,099

19,190

-9,161

-13,908

-20,335

-63,802

-68,945

-113,123

-99,651

-40,360

-29,132

-7,495

16,688

11,139

35,602

84,779

88,749

147,525

135,618

143,997

126,551

86,527

58,120

11,076

-2,482

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Additions of property, plant and equipment

87,102

90,942

76,562

73,553

74,585

69,431

69,659

66,064

60,403

51,300

43,352

42,033

41,030

43,657

49,935

50,402

54,176

52,877

50,054

46,968

38,676

33,651

30,182

26,867

24,739

27,313

20,209

19,109

22,217

22,087

24,540

22,797

16,988

0

0

0

Proceeds from the sale of equipment

818

900

979

375

268

507

540

578

483

162

144

120

190

194

454

576

501

535

0

0

0

-

-

-

-

171

182

181

193

106

49

50

35

0

0

0

Proceeds from contingent consideration

-

10,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments

202,603

277,518

231,873

380,892

463,859

397,727

450,089

409,802

437,546

431,712

367,613

366,031

346,732

375,099

455,238

408,858

450,164

508,683

442,510

478,699

408,013

642,455

631,657

535,664

487,132

278,080

258,815

296,506

303,945

230,415

192,646

201,355

228,229

0

0

0

Sales and maturities of investments

233,124

224,602

249,291

390,459

420,934

444,456

490,626

406,953

488,994

464,494

385,777

443,494

457,581

560,805

625,924

563,383

526,870

467,573

429,783

368,851

355,581

341,154

280,610

243,516

174,970

129,219

129,945

233,651

258,937

275,612

268,057

304,474

323,028

0

0

0

Investment in Synchronicity Pharma, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

15,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of ordinary shares, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

248,406

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Cash flows provided by (used in) investing activities

-59,638

-141,833

-48,165

-53,611

-112,242

-22,195

-28,582

-68,335

-8,472

-18,356

-25,044

35,550

70,009

127,243

105,904

89,424

57,997

-43,486

44,861

-49,341

-19,512

-263,397

-366,822

-305,799

-338,040

-177,194

-151,204

-82,899

-68,148

22,100

50,877

-414,633

-417,159

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from the issuance of ordinary shares under share-based compensation arrangements

11,441

18,925

18,940

16,485

18,267

20,877

23,537

24,113

29,567

23,517

25,860

29,222

23,924

20,308

26,082

30,622

34,869

44,969

51,779

47,593

50,147

47,577

42,565

55,819

60,105

65,924

58,572

48,099

34,360

21,804

15,269

10,380

20,864

0

0

0

Proceeds from the issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Employee taxes paid related to net share settlement of equity awards

7,720

9,317

13,067

12,954

12,778

19,622

15,800

15,758

19,009

16,433

21,453

21,452

23,318

13,467

17,271

17,304

24,508

25,904

0

0

0

-

-

-

-

11,670

10,010

10,004

4,809

4,958

3,894

4,161

3,676

0

0

0

Excess tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

4,229

877

16,676

28,706

28,576

42,740

41,889

29,948

32,367

25,382

11,161

18,557

15,907

16,936

15,979

8,867

0

0

0

-

-

-

-

Principal payments of long-term debt

2,843

2,843

0

0

0

-

-

-

-

-

-59,384

1,554

2,491

3,429

66,749

6,750

6,750

6,750

6,750

6,749

6,750

6,750

6,749

6,748

6,748

6,748

6,751

450,857

449,944

0

0

0

-

-

-

-

Payment made for debt refinancing

-

-

-

-

-

2,132

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows (used in) provided by financing activities

878

6,765

3,030

688

2,640

-1,620

4,823

5,402

7,571

4,084

-2,911

-59,974

-68,343

-58,172

-57,061

23,244

32,317

40,891

70,430

65,407

55,812

308,760

293,897

292,945

308,655

61,339

56,673

-30,300

-45,043

-58,066

-65,816

453,209

464,848

0

0

0

NET DECREASE IN CASH AND CASH EQUIVALENTS

-49,167

-62,991

45,385

40,105

38,729

75,466

50,918

-2,257

5,198

4,918

-37,116

-38,332

-18,669

5,269

-20,102

-455

-9,337

-42,955

86,159

8,571

52,988

56,502

-37,323

71,925

59,364

31,670

41,087

30,798

13,360

50,561

43,181

49,652

45,207

0

0

0

SUPPLEMENTAL CASH FLOW DISCLOSURE:
Cash paid for taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,068

0

0

0

Non-cash investing and financing activities:
Purchased capital expenditures included in accounts payable and accrued expenses

11,181

13,789

19,267

7,468

12,054

11,720

12,947

13,866

13,689

11,151

7,445

7,495

7,645

5,766

7,287

4,376

6,063

6,054

5,201

6,472

5,786

3,483

1,476

2,404

2,756

4,419

4,474

4,353

4,124

2,951

4,119

3,523

3,416

0

0

0