Amphastar pharmaceuticals, inc. (AMPH)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash Flows From Operating Activities:
Net income (loss)

46,505

-6,660

3,647

9,820

-2,787

-10,699

11,862

18,094

Reconciliation to net cash provided by operating activities:
Loss (gain) on disposal and impairment of long-lived assets

-1,036

-1,429

2,337

-1,242

-310

-485

-91

-611

Impairment of long-lived assets

-

-

-

-

-

-

126

2,094

Depreciation of property, plant, and equipment

17,073

14,529

12,954

12,161

11,314

12,528

11,171

9,657

Amortization of product rights, trademarks, and patents

1,037

1,987

2,856

2,517

1,938

1,920

1,907

1,840

Operating lease right-of-use asset amortization

3,011

-

-

-

-

-

-

-

Imputed interest accretion

-

-

-

-

-

163

-

-

Share-based compensation

17,295

16,680

17,087

15,124

12,815

9,280

6,089

6,675

Non-employee share-based compensation expense

-

-

-

-

-

-

946

750

Reserve for uncertain tax positions

3,010

-464

34

347

-1

499

-167

3,308

Changes in deferred taxes

-4,542

1,414

-4,386

3,222

7,880

8,743

2,248

-11,583

Changes in operating assets and liabilities:
Accounts receivable, net

-6,702

16,295

8,102

-6,377

11,012

-1,210

-11,824

16,647

Inventories

41,103

5,984

-18,650

9,715

-9,775

-6,565

18,538

25,219

Income tax refund and deposits

-

-

-

-

-

-

-

-2,399

Prepaid expenses and other assets

3,604

-1,375

4,817

-1,331

699

88

-29

-180

Income tax refund, deposits, and payable

-591

-3,849

11,836

-3,329

71

-

-173

-2,351

Operating lease liabilities

-2,613

-

-

-

-

-

-

-

Income tax refund, deposits, and payable

-

-

-

-

-

-2,432

576

-

Accounts payable and accrued liabilities

-11,720

29,159

6,687

-751

-3,021

5,500

4,203

-8,008

Net cash provided by operating activities

41,762

38,191

39,209

38,560

10,681

21,052

31,042

-1,650

Cash Flows From Investing Activities:
Business Acquisitions

-

-

-

12,461

-

18,352

-

-

Purchases and construction of property, plant, and equipment

41,555

46,808

35,099

21,382

15,996

20,499

17,642

23,133

Purchase of intangible assets

-

-

-

-

-

-

-

1,509

Capitalized labor, overhead, and interest on self-constructed assets

-

-

-

-

-

-

660

603

Proceeds from the sale of property, plant and equipment

-

245

-

-

-

-

-

74

Proceeds received from sale of ANDAs

-

4,400

2,000

-

-

-

-

-

Purchase of short-term investments

8,815

308

5,645

3,602

-

-

-

-

Maturity of short-term investments

-

91

3,650

3,075

-

-

-

-

Changes in restricted short-term investments

-

-

900

105

-210

170

-50

203

Sales of short-term investments, net

-

-

-

-

-

-

513

810

Payment of deposits and other assets

157

-198

896

5,026

1,139

752

559

548

Net cash used in investing activities

-50,527

-42,182

-36,890

-39,501

-16,925

-39,773

-18,298

-25,112

Cash Flows From Financing Activities:
Proceeds from the private placement of ANP

18,298

38,036

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

199

-

Proceeds from equity plans, net of withholding tax payments

3,421

8,946

13,758

21,502

14,308

38,200

55

-

Excess tax benefit related to share-based compensation

-

-

-

-

-

-1,109

-647

-120

Net proceeds from exercise of common stock options

-

-

-

-

-

-

-

333

Cost related to public offering

-

-

-

-

-

1,920

-

-

Deferred offering cost

-

-

-

-

-

-

1,427

-

Purchase of treasury stock

22,291

25,047

30,747

9,908

9,865

345

-

811

Proceeds from borrowing under lines of credit

-

347

-

-

-

25,000

66,000

53,961

Repayments under lines of credit

347

-

-

-

-

40,000

71,000

29,252

Proceeds from issuance of long-term debt

3,570

8,431

18,983

10,198

6,785

26,505

-

-

Principal payments on long-term debt

6,434

5,705

9,712

14,652

8,991

8,216

2,152

874

Net cash provided by (used in) financing activities

-3,783

25,008

-7,718

7,140

2,237

32,117

-9,370

23,237

Effect of exchange rate changes on cash

-104

-274

504

81

2,253

845

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

-12,652

20,743

-4,895

6,280

-1,754

14,241

3,374

-3,525

Principal payments on short-term debt

-

-

-

-

-

5,998

-

-

Noncash Investing and Financing Activities:
Capital expenditure included in accounts payable

10,622

8,386

6,710

-

-

-

-

-

Operating lease right-of-use assets

7,978

-

-

-

-

-

-

-

Equipment acquired under finance leases

143

14

-

1,238

150

78

1,323

-

Supplemental Disclosures of Cash Flow Information:
Interest paid, net of capitalized interest

2,435

2,376

1,877

1,722

1,941

2,607

1,100

1,089

Income taxes paid

5,717

339

4,876

3,397

146

436

4,158

2,078