HOLOGIC, INC HOLX Cash Flow

Hologic, inc (HOLX)

CashFlow / Yearly

Sep'19	Sep'18	Sep'17	Sep'16	Sep'15	Sep'14	Sep'13	Sep'12	Sep'11	Sep'10	Sep'09	Sep'08	Sep'07
OPERATING ACTIVITIES
Net income (loss)
-203,600	-111,300	755,500	330,800	131,600	17,300	-1,172,800	-73,600	157,150	-62,813	-2,216,642	-415,588	94,578
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation
92,500	101,600	89,600	82,300	81,500	94,700	95,500	71,900	68,946	68,463	67,195	52,413	14,291
Amortization of acquired intangibles
370,600	378,700	359,600	383,100	409,900	428,500	420,500	273,900	235,790	226,305	206,729	120,537	16,871
Non-cash interest expense
8,600	15,000	49,400	52,100	63,800	68,700	81,200	75,000	76,814	86,638	83,197	68,672	181
Impairment of intangible assets
-	-	-	-	-	-	-	-	-	143,467	4,065	2,900	0
Stock-based compensation expense
62,000	65,000	68,200	65,400	59,300	50,000	52,300	40,600	35,472	34,160	32,939	25,664	6,104
Excess tax benefit related to equity awards
-	-	-	-	-	5,700	7,400	6,200	3,652	2,043	2,978	62,740	21,926
Deferred income taxes
-235,700	-477,300	-357,200	-155,800	-148,800	-243,100	-198,000	-155,200	-48,107	-121,726	-26,991	-28,525	5,873
Goodwill impairment charge
0	685,700	0	0	-	-	1,117,400	5,800	-	76,723	2,340,023	-	0
Impairment of intangible assets and equipment
685,400	46,000	0	0	-	-	-	-	-	-	-	-	-
Fair value adjustments to contingent consideration
-	-	-	-	-	-	11,300	38,500	-8,016	0	-	-	-
Fair value write-up of inventory sold
7,100	1,100	39,700	0	0	-	52,400	19,900	3,298	732	1,167	46,258	0
Intangible asset and equipment impairment charges
-	-	-	-	-	38,400	9,400	16,900	-	0	-	-	-
Gain (Loss) on Disposition of Intangible Assets
-	-	-	-	-	-	53,900	12,400	84,502	0	0	-	-
Acquired in-process research and development
-	-	-	-	-	-	-	4,500	-	-	-	565,200	0
Debt extinguishment losses
-800	-45,900	-3,200	-5,300	-62,700	-7,400	-9,200	-42,300	-29,891	0	-	-	-
Payment of additional acquisition consideration
-	-	-	-	-	-	16,800	9,800	19,660	0	229	24,394	19,033
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	-	-	263	0
(Gain) loss on sale of businesses
-	-	-	-	9,600	10,100	85,100	0	-	-1,035	-	-	-
Gain on sale of cost-method equity investment
-	-	-	-	-	-	-	0	-	-	-	-	-
Loss on disposal of property and equipment
-	-	-	-	-	-7,100	-4,900	-3,800	-2,639	-3,765	-4,430	-1,740	734
Gain on sale of business
0	0	899,700	0	-	-5,500	0	0	-	-341	-	-	-
Gain on sale of investments
-	-	-	25,100	0	0	-	-	-	-	-	-	-
Other adjustments and non-cash items
-18,100	-8,700	-3,200	-3,700	-20,900	11,800	-900	3,700	-1,093	-1,008	1,660	2,510	-368
Changes in operating assets and liabilities, excluding the effect of acquisitions and dispositions:
Accounts receivable
76,500	38,200	41,500	31,800	30,300	-7,900	-4,100	11,000	17,131	20,211	-57,581	58,801	45,367
Inventories
63,000	50,600	11,600	-7,600	-43,900	44,700	-25,200	12,200	32,158	5,247	14,336	29,007	7,997
Prepaid income taxes
3,200	9,400	8,700	-4,700	-700	-22,400	-25,100	-6,100	6,154	3,772	-17,925	-74,408	0
Prepaid expenses and other assets
6,000	4,200	2,400	4,900	-5,700	-17,300	-900	-69,800	471	254	577	5,662	-269
Accounts payable
-5,500	23,900	-10,600	40,100	25,500	11,800	-6,400	3,800	2,589	7,151	-12,881	-10,189	14,265
Accrued expenses and other liabilities
-16,500	53,800	-17,800	45,600	36,900	14,700	2,300	-41,000	40,569	-348	-10,613	-14,596	59,758
Deferred revenue
14,400	-1,500	-10,600	-4,900	16,100	15,100	13,300	12,700	-481	21,273	19,640	27,022	16,661
Net cash provided by operating activities
649,500	732,900	8,300	798,200	796,800	508,400	493,800	370,200	456,024	456,712	550,456	362,216	153,927
INVESTING ACTIVITIES
Acquisition of businesses, net of cash acquired
110,600	76,500	1,558,100	0	0	-	6,300	3,762,400	198,744	84,322	-	2,584,947	9,793
Equity investment impairment charges
-	-	-	-	7,800	6,900	6,400	0	2,445	1,100	2,243	-	0
Proceeds from sales and maturities of marketable securities
-	-	-	-	-	-	-	-	-	-	-	2,638	0
Proceeds From Sale Of Business
0	0	1,865,000	0	0	-	-	-	2,267	-	-	-	-
Payments to Acquire Equity Method Investments
18,200	0	0	-	-	-	-	-	-	-	-	-	-
Loans to SSI
28,400	0	0	-	-	-	-	-	-	-	-	-	-
Deferred gain
-	-	-	-	-	-	-	-	-	-	-	9,500	0
Capital expenditures
57,000	58,400	57,800	47,300	48,100	44,300	49,000	33,100	27,785	28,010	31,357	53,536	22,840
Increase in equipment under customer usage agreements
52,100	47,200	49,800	47,200	41,300	35,900	41,100	45,600	27,878	18,648	26,877	25,349	0
Proceeds from sale of available-for-sale marketable securities
0	0	87,100	31,100	0	0	-	-	-	-	-	-	-
Purchase of cost method investment
3,000	6,000	0	0	-	29,700	0	0	-	-	-	-	-
Purchases of insurance contracts
-	-	-	5,200	6,400	-13,800	4,000	0	5,322	5,322	5,322	3,322	3,322
Sales of mutual funds
-	-	-	5,200	10,000	22,400	0	0	-	-	-	-	-
Proceeds from sale of building
-	-	-	-	-	-	-	-	-	-	-	-	1,427
Payments to Acquire in Process Research and Development
4,500	0	0	-	0	0	-	4,500	-	2,000	-	-	-
Purchase of intellectual property
-	-	-	-	-	-	-	-	3,021	500	6,238	-	0
Proceeds from sale of intellectual property
-	-	-	-	-	-	60,000	12,500	13,250	73,000	2,250	3,000	0
Proceeds from sale of cost method investment
-	-	-	-	-	-	-	-	-	678	-	-	-
Purchase of cost-method equity investments
-	-	-	-	-	-	-	300	99	795	550	-	1,000
(Purchase) sale of a cost-method equity investment
-	-	-	-	-	-	-1,600	0	-	-	-	936	2,150
Other activity
6,900	7,100	600	5,000	300	3,400	7,500	7,600	-405	0	-	-	-
(Increase) decrease in restricted cash
-	-	-	-	-	-	-	-	-	26	-2,713	1,332	0
Increase in other assets
6,900	7,100	600	5,000	300	-	-	-	-	0	-	-	-
Acquisition of non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	1,100
Other
-	-	-	-	-	-	-	-	-	-	-	-	6,393
Net cash provided by (used in) investing activities
-280,700	-195,200	285,800	-68,400	-86,100	-67,000	18,800	-3,850,800	-266,587	-66,980	-65,610	-2,677,069	-59,904
FINANCING ACTIVITIES
Proceeds from long-term debt
1,500,000	1,500,000	0	0	2,495,100	0	0	3,476,300	-	0	-	-	-
Repayment of long-term debt
1,462,500	1,359,400	84,400	75,000	3,095,000	595,000	265,000	0	1,362	177,004	-	-	-
Proceeds from Senior Notes
0	1,350,000	0	0	-	-	-	-	-	-	-	2,062	6,889
Repayment of Senior Notes
0	1,037,700	0	0	-	-	-	-	-	-	10,127	2,895	5,884
Payments to extinguish convertible notes
0	546,200	396,200	392,800	543,700	0	0	-	-	-	-	-	-
Repayment of acquired debt
2,500	3,300	0	0	-	-	-	-	-	-	-	-	-
Proceeds from revolving credit line
480,000	1,150,000	345,000	50,000	358,000	0	0	-	-	-	-	2,855,609	0
Repayments under revolving credit line
780,000	1,195,000	0	225,000	183,000	0	0	-	-	-	290,833	2,425,000	55,000
Proceeds from accounts receivable securitization agreement
43,000	34,000	48,000	200,000	0	0	-	-	-	-	-	-	-
Repayments of Accounts Receivable Securitization
34,000	9,000	48,000	0	0	-	-	-	-	-	-	-	-
Proceeds from issuance of convertible notes, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	1,688,974	0
Payments upon conversion of Cytyc convertible notes
-	-	-	-	-	-	-	-	-	-	298	40,574	0
Payment of contingent consideration
-	-	-	-	-	-	43,000	51,700	4,294	0	-	-	-
Payments to Noncontrolling Interests
-	-	-	-	-	-	-	-	-	2,684	-	-	-
Payment of deferred acquisition consideration
6,500	0	0	-	-	5,000	1,600	44,200	-	0	-	-	-
Payment of debt issuance costs
2,700	23,500	0	0	22,700	2,400	9,400	81,400	5,327	0	350	-	-
Repurchase of common stock
200,100	275,800	200,100	250,000	0	0	-	-	-	-	-	-	969
Interest Rate Cap Agreements Aggregate Premium Payable
1,500	3,700	1,900	0	13,200	0	0	-	-	-	-	-	-
Proceeds from issuance of common stock pursuant to employee stock plans
49,800	33,200	49,000	38,500	70,000	81,400	75,100	28,600	25,404	12,594	10,887	171,014	10,578
Payments under finance lease obligations
1,700	1,700	900	0	0	-	-	-	-	-	-	-	-
Excess tax benefit related to equity awards
-	-	-	-	-	5,700	7,400	6,200	3,652	2,043	2,978	62,740	21,926
Financing costs on credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	0
Payment of minimum tax withholdings on net share settlements of equity awards
12,800	16,700	19,700	16,400	12,900	9,800	12,300	5,700	10,399	2,524	881	851	0
Net cash used in financing activities
-431,500	-404,800	-309,200	-670,700	-947,400	-525,100	-248,800	3,328,100	7,674	-167,575	-288,624	2,311,079	-22,460
Effect of exchange rate changes on cash and cash equivalents
-2,200	-6,800	7,300	-2,000	-8,100	-2,700	-1,700	600	-404	282	1,303	-968	-1,083
Net increase (decrease) in cash and cash equivalents
-64,900	126,100	-7,800	57,100	-244,800	-86,400	262,100	-151,900	196,707	222,439	197,525	-4,742	70,480
Supplemental disclosure of cash flow information:
Cash paid for interest
-	-	-	-	-	-	-	-	-	39,382	-	-	-