CHARLES RIVER LABORATORIES INTERNATIONAL, INC. CRL Cash Flow

Charles river laboratories international, inc. (CRL)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows relating to operating activities
Net income
249,210	254,061	233,747	221,097	231,167	228,724	139,459	131,512	131,735	125,449	199,743	184,821	165,776	156,366	143,500	143,334	157,022	151,087	146,398	140,883	127,454	128,198	119,970	118,841	110,738	104,151	103,235	94,214	97,090	97,866	106,566	103,257	105,092	109,977	-265,229	-309,356	-327,685	-342,117	0	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	1,506	1,483	1,444	-156	-137	-162	219	302	280	-574	-950	-969	-950	-912	-826	-1,463	-1,726	-944	-1,109	-1,380	-1,265	-5,372	-5,441	-4,484	-4,252	87	251	-1,523	-5,545	-11,244	-12,212	-11,619	-8,012	0	0	0
Income from continuing operations, net of income taxes
-	-	-	-	-	227,218	137,976	130,068	131,891	125,586	199,905	184,602	165,474	156,086	144,074	144,284	157,991	152,037	147,310	141,709	128,917	129,924	120,914	119,950	112,118	105,416	108,607	99,655	101,574	102,118	106,479	103,006	106,615	115,522	-253,985	-297,144	-316,066	-334,105	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
209,997	198,095	187,843	179,677	173,927	161,779	153,682	143,555	131,958	131,159	133,217	133,860	134,414	126,658	116,667	106,373	97,168	94,881	95,340	97,609	98,763	96,445	99,735	100,568	96,676	96,636	87,994	81,628	81,283	81,275	81,598	82,216	83,967	85,230	87,908	90,225	91,334	93,649	0	0	0
Amortization of debt issuance costs and discounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,397	2,429	1,713	1,725	1,735	1,734	5,439	9,561	13,610	17,655	17,834	17,622	17,917	19,821	20,025	20,010	0	0	0	-	-	-	-
Stock-based compensation
55,332	57,271	54,867	52,662	49,704	47,346	47,009	46,715	45,058	44,003	43,897	42,971	43,187	43,642	42,420	42,296	40,389	40,122	38,252	36,027	34,050	31,035	29,443	27,239	25,297	24,542	24,258	23,453	22,493	21,855	20,615	20,944	21,053	21,706	21,162	22,258	24,589	25,526	0	0	0
Deferred income taxes
-32,649	-21,895	-24,409	-4,837	-1,139	-9,702	-307	-909	1,199	28,254	20,391	26,744	15,696	1,945	6,654	-93	5,737	2,689	1,685	1,351	3,470	7,060	-8,381	-439	5,484	-846	11,324	2,957	2,305	1,311	-8,546	-6,813	-6,350	-8,668	0	0	0	-	-	-	0
Loss (gain) on venture capital and other investments
-1,910	20,700	-1,136	4,836	20,024	15,900	33,339	33,595	25,248	22,900	0	0	0	-	-	-	-	3,823	5,528	1,485	4,468	9,301	8,409	12,739	12,058	5,864	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
-	-	-	-	-	-	-	-	-	10,577	10,577	10,577	10,577	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,837	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-18,806	-7,931	-10,442	-11,964	-11,301	-15,613	-8,336	-5,131	-2,672	666	-6,571	-14,423	-7,475	-5,629	-1,343	5,080	-2,017	-2,352	-1,665	1,697	3,279	982	3,127	-1,116	-1,453	-755	-362	-2,360	-4,666	-5,519	-1,586	3,720	4,780	5,797	1,916	705	-7,270	-1,797	0	0	0
Changes in assets and liabilities:
Trade receivables, net
17,332	8,323	15,369	38,359	40,543	21,196	35,885	41,058	30,997	48,279	52,232	51,740	57,563	52,780	23,793	20,025	14,940	16,963	23,557	21,501	26,166	28,088	37,790	24,203	25,482	19,492	10,998	17,326	10,619	16,266	11,795	3,503	-4,954	-7,669	-8,494	-10,472	-5,299	5,640	0	0	0
Inventories
14,803	21,399	15,979	8,459	12,357	13,338	18,678	17,536	18,746	17,838	9,169	10,082	3,533	4,021	518	-3,341	148	-3,364	-1,147	2,116	231	2,956	7,589	3,191	6,787	1,571	-4,413	-1,109	-395	-785	5,507	-998	-2,742	-3,766	-7,275	292	-2,560	-1,989	0	0	0
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18,218	-15,654	4,602	5,145	4,717	8,194	-1,205	-2,421	9,235	1,765	4,430	117	898	3,689	321	265	-7,226	-2,824	-1,847	2,131	0	0	0
Accounts payable
9,527	29,775	17,071	18,071	-1,411	-12,732	872	-5,746	5,216	34	-1,268	-4,475	6,466	22,076	19,252	19,145	7,488	1,174	5,484	1,947	1,327	4,599	-1,171	-3,819	4,268	-7,080	-4,202	-2,731	-6,108	-3,257	-4,994	3,222	-2,149	2,208	-2,797	-721	-2,454	71	0	0	0
Accrued compensation
13,263	3,394	2,208	8,612	7,493	31,616	20,302	11,964	3,074	3,666	-9,413	2,826	-5,076	9,298	14,339	16,928	9,641	8,414	5,074	2,103	2,218	13,631	12,221	11,833	8,738	11,926	8,825	7,366	3,620	4,612	4,018	-14,732	-4,883	-7,412	-1,676	2,209	1,043	4,482	0	0	0
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	14,673	20,724	22,950	22,244	7,818	1,509	1,206	-3,297	-3,487	-8,128	-5,766	-915	3,168	3,716	-479	-9,515	-7,385	-2,973	-8,373	-4,209	0	0	0
Deferred revenue
16,850	-3,620	1,025	40,162	39,959	36,072	41,874	-6,537	-26,758	-8,466	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer contract deposits
-578	-10,898	-13,926	-20,346	-1,317	28,115	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and liabilities, net
-25,140	-17,250	-10,578	44,777	30,281	24,749	9,204	-19,739	-26,995	-15,788	-9,320	1,319	1,883	2,647	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,118	7,067	-1,391	8,284	10,829	11,591	5,865	759	-2,247	1,210	-109	-7,050	857	-7,685	-6,656	-1,355	-9,127	-7,580	4,284	5,501	0	0	0
Taxes payable and prepaid taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,043	-6,984	-11,232	-7,090	2,550	-5,564	-12,613	-3,054	-14,549	-4,698	2,713	2,331	14,737	13,229	2,263	-13,782	-17,531	-15,901	-11,329	13,087	0	0	0
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18,558	-18,659	-7,118	-9,253	-3,485	-6,053	-7,480	-5,969	-3,132	-1,301	-1,401	-5,983	-10,282	-10,844	-11,898	-9,098	-7,160	-9,973	-8,676	-5,594	0	0	0
Net cash provided by operating activities
534,667	480,936	440,232	401,629	395,948	441,140	425,403	367,644	344,096	318,074	312,485	325,296	305,084	316,899	319,190	335,183	341,425	306,833	285,744	264,300	234,921	252,132	214,778	215,540	207,531	209,045	210,877	204,305	212,706	208,006	215,576	202,789	210,726	206,842	202,412	170,991	161,693	168,236	0	0	0
Cash flows relating to investing activities
Acquisition of businesses and assets, net of cash acquired
896,962	515,701	517,904	495,899	805,641	824,868	825,149	846,362	45,228	25,012	73,349	69,710	648,164	648,482	633,284	815,743	247,076	247,651	263,090	61,796	235,160	234,267	188,151	188,151	5,077	29,218	24,177	41,079	41,002	16,861	0	0	0	-	-	-	-	-	-	-	-
Capital expenditures
149,504	140,514	145,351	132,627	129,059	140,054	99,881	99,453	94,237	82,431	79,607	67,164	62,958	55,288	57,853	58,737	60,854	63,252	62,026	60,976	56,383	56,925	43,742	43,436	43,915	39,154	39,058	40,204	39,851	47,534	61,266	59,246	56,466	49,143	37,679	38,585	40,356	42,860	0	0	0
Purchases of investments and contributions to venture capital investments
27,043	22,341	22,254	28,781	22,276	25,125	24,617	27,338	44,787	46,217	62,105	52,113	40,551	40,248	28,198	37,172	30,906	34,235	34,792	32,088	29,667	26,648	20,396	20,887	20,424	17,566	23,064	16,772	17,690	18,537	15,533	17,400	19,702	24,556	20,834	25,431	30,423	27,600	0	0	0
Proceeds from sale of investments
3,431	942	5,269	5,458	7,268	35,849	33,119	36,055	34,589	9,128	28,221	43,057	45,087	47,652	21,216	16,461	17,155	19,743	29,598	19,538	18,222	21,000	17,111	17,594	17,061	11,584	12,044	10,540	16,190	25,156	27,316	33,114	42,507	31,607	32,837	36,798	25,968	72,464	0	0	0
Proceeds from divestiture
-	-	-	-	-	-	-	-	-	72,462	72,462	72,462	72,462	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
4,296	3,888	1,347	1,356	1,444	805	346	550	583	516	384	402	-890	-3,694	-1,813	713	84	2,221	-530	-3,342	784	1,150	1,725	1,678	-579	-307	-148	-1,116	-1,859	-2,786	-6,573	-6,188	-6,274	-5,447	-1,998	-1,599	-1,014	-950	0	0	0
Net cash used in investing activities
-1,074,374	-681,502	-681,587	-653,205	-951,152	-955,003	-916,874	-937,648	-150,246	-72,586	-114,762	-73,870	-633,234	-692,672	-696,306	-895,904	-321,765	-327,616	-329,780	-131,980	-303,772	-297,990	-236,903	-236,558	-51,776	-74,047	-74,107	-86,399	-80,494	-54,990	-59,812	-37,344	-27,387	-36,645	-23,678	-25,619	-43,797	2,954	0	0	0
Cash flows relating to financing activities
Proceeds from long-term debt and revolving credit facility
4,478,143	3,358,461	2,434,002	1,848,191	1,964,840	2,755,028	2,399,802	2,493,200	1,204,431	236,856	347,140	298,915	1,107,967	1,044,666	965,517	1,080,276	502,109	492,514	504,778	355,213	289,396	298,920	291,920	326,415	528,353	511,804	488,805	459,308	78,919	74,116	68,017	137,990	128,101	250,708	237,344	728,742	728,954	579,372	0	0	0
Proceeds from exercises of stock options
35,322	34,546	34,411	37,314	39,448	37,657	34,009	33,111	39,188	38,870	36,643	33,329	30,406	23,197	24,423	23,549	17,745	39,367	63,534	72,795	72,983	73,688	81,544	93,972	103,482	93,789	65,429	51,603	40,792	18,359	11,967	11,019	18,101	20,625	21,948	14,561	8,670	4,492	0	0	0
Payments on long-term debt, revolving credit facility, and finance lease obligations
3,689,039	3,124,588	2,166,818	1,597,557	1,464,866	2,201,003	1,895,982	1,802,669	1,311,090	372,435	438,911	531,400	765,367	656,636	553,266	491,257	443,062	417,331	453,153	397,415	145,625	194,536	153,494	160,524	540,991	523,304	529,857	525,176	148,683	140,347	151,397	247,306	289,765	252,965	231,052	399,816	368,619	381,535	0	0	0
Payments on debt financing costs
-	-	-	-	-	18,337	18,337	18,314	4,932	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
24,002	18,087	18,095	18,061	18,057	13,846	13,798	49,757	72,278	106,909	106,943	70,889	48,300	12,267	12,273	30,190	70,993	117,478	117,464	119,895	159,838	122,018	196,214	240,642	175,515	165,932	110,050	60,275	60,172	64,189	74,027	123,499	124,576	283,795	255,716	544,671	528,097	356,527	0	0	0
Other, net
-13,599	-11,802	-11,956	-11,956	-4,048	-1,440	-1,208	-4,408	-4,407	-4,858	-13,662	-10,853	-14,321	-14,545	-15,537	-15,660	-15,285	-4,330	7,983	8,777	12,576	5,360	4,633	4,171	800	-594	-771	-528	2,148	940	-3,576	-5,823	-5,021	-6,359	-2,656	-13,144	-14,812	-13,697	0	0	0
Net cash provided by (used in) financing activities
780,232	231,937	271,544	257,908	503,912	558,059	504,486	651,163	-149,088	-208,476	-179,392	-284,557	306,726	380,756	408,864	566,718	-9,486	-7,258	5,678	-80,525	69,492	61,414	28,389	23,392	-83,871	-84,237	-86,444	-75,068	-86,996	-111,121	-149,016	-227,619	-273,160	-271,786	-230,132	-214,328	-173,904	-167,895	0	0	0
Discontinued operations
Net cash used in operating activities from discontinued operations
-	-	-	-	-	-3,735	-4,055	-4,543	-1,972	-1,809	-2,111	-2,271	-2,040	-2,056	-2,045	-1,731	-2,049	-1,876	-1,776	-1,319	-733	-1,081	-943	-1,649	-2,567	-1,906	0	0	0	-	-148	101	-1,521	-1,559	-1,579	-825	216	777	0	0	0
Supplemental cash flow information:
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
5,622	11,357	-5,345	893	-7,703	-9,474	6,763	-271	13,783	11,234	1,814	-2,487	-2,030	-2,996	1,832	-716	-3,275	-12,695	-16,581	-16,681	-17,839	-10,379	-5,028	2,766	111	-2,613	-1,749	-4,429	-5,716	-1,009	-4,596	-7,682	-6,159	-7,107	-3,244	-3,478	-8,835	-10,293	0	0	0
Net change in cash, cash equivalents, and restricted cash
246,147	42,728	24,844	7,221	-62,094	30,987	15,723	76,345	56,573	46,437	18,034	-37,889	-25,494	-69	31,535	3,550	4,850	-42,612	-56,715	33,795	-17,931	4,096	293	3,491	69,428	46,242	47,230	37,445	39,391	40,780	2,004	-69,755	-97,714	-110,255	-56,213	-73,246	-63,454	-3,414	0	0	0
Net cash provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,807	0	0	0
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0
Net cash used in operating activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,347	-964	-109	-106	-148	101	-1,734	-1,559	-1,571	-812	1,389	3,584	0	0	0
Non-cash investing and financing activities:
Capitalized interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	340	467	568	523	397	298	0	0	0	-	-	-	0