ICU MEDICAL INC/DE ICUI Cash Flow

Icu medical inc/de (ICUI)

CashFlow / Quarterly

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	Dec'09	Sep'09	Jun'09	Mar'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income
16,834	20,641	26,563	22,833	30,998	-7,355	219	31,054	4,875	49,705	136	-37,060	55,863	9,512	18,806	16,606	18,160	5,463	16,266	13,570	9,686	7,372	6,428	5,878	6,657	13,332	11,034	7,367	8,685	12,343	12,188	9,149	7,601	17,842	9,261	9,493	8,073	8,980	8,975	7,713	4,255	5,854	6,324	5,741	7,062
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
20,957	19,891	19,187	18,764	19,074	19,666	19,161	17,604	18,304	19,057	17,606	18,312	11,594	4,699	4,703	4,847	4,801	4,807	4,240	4,397	4,629	4,805	4,976	4,901	4,765	5,055	4,862	4,877	4,712	4,739	4,729	4,756	4,777	4,607	4,635	4,552	4,500	4,549	4,194	4,051	4,551	4,391	3,943	3,773	3,564
Operatingleaserightofuseassetamortization
2,305	2,145	1,999	4,150	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
5	7,043	2,001	3,742	2,096	143	239	-49	448	402	-19	1,912	13	0	0	0	0	-	-	-	-	31	0	0	3	145	0	231	-191	-94	9	111	-263	139	72	229	208	289	57	45	52	26	59	-100	16
Provision for warranty and returns
-821	-1,411	28	-1,443	2,692	3,536	1,304	146	367	-2,794	1,608	745	1,286	581	103	-164	39	14	0	7	31	128	109	-187	-410	547	108	22	-6	-71	44	-65	312	-	-	-	0	-	-	-	-	-	-	-	-
Stock compensation
6,939	5,757	3,723	6,229	6,209	6,249	6,233	6,297	5,462	5,965	4,582	4,799	4,006	3,778	3,790	3,866	3,808	3,522	3,358	3,134	2,813	2,602	2,531	2,486	1,973	1,301	1,311	1,432	1,390	1,202	1,319	1,811	1,231	1,018	1,019	1,001	978	903	900	845	823	745	721	643	599
Loss on disposal of property and equipment
-562	478	-505	-163	-12,682	-8,107	-400	-307	-53	-601	-167	-2,992	-18	-19	-9	-32	1	4	1,069	35	-2	0	-6	-7	5	16	0	20	0	-171	-14	0	-27	-15	1	56	0	111	-400	1	-50	-	-	0	-20
Asset Impairment Charges
-	-	-	-	-	-	0	0	269	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of Intangible Assets, Finite-lived
-	-	-	-	-	0	0	0	5,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bond premium amortization
34	32	35	40	28	29	109	62	142	91	12	0	0	329	905	-407	528	219	228	280	943	589	539	459	601	670	707	663	675	925	675	628	357	493	402	380	19	-53	198	360	587	-	-	-	-
Debt Issuance Costs amortization
72	72	72	72	72	72	72	72	72	48	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable
-	-	-	-	-	-	-	-	-	-	0	0	413,139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Bargain Purchase, Gain Recognized, Amount
-	-	-	-	-	-	-	-	-	-871	8,534	0	63,237	0	346	1,110	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bargain purchase gain
-	-	-	-	-	-	-	-	-	-	8,534	0	63,237	-	346	1,110	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent earn-out
0	0	-200	-39,500	-7,700	-100	18,500	6,000	-4,000	-5,000	7,000	6,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory Recall Expense
2,626	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sparepartsusage
4,900	4,257	5,395	8,287	6,362	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Noncash Income (Expense)
-876	-	-2,103	-1,645	1,991	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Noncash Expense
-	-	-	-	-	-	-	-	4,783	-1,910	-114	1,804	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by (used in) changes in operating assets and liabilities
Accounts receivable
-899	-8,800	-14,377	-2,673	49,534	37,785	-4,303	31,359	11,901	3,035	-19,108	-11,660	82,266	3,992	-7,263	5,079	-2,552	9,125	5,861	582	4,947	4,521	-4,647	-2,370	-2,416	-6,094	1,915	-3,358	3,981	-4,395	8,940	2,781	-1,931	-4,657	2,333	1,177	-5,085	-1,385	5,793	177	1,793	13,003	4,680	-3,405	-7,777
Inventories
-19,372	-5,927	14,864	4,092	11,968	33,971	-77	-1,182	-10,942	-33,217	-81,612	-44,637	-22,233	-1,134	1,156	613	4,866	3,470	2,600	482	1,785	-819	1,199	1,189	2,267	152	-2,657	-392	578	-1,599	733	61	-3,768	-2,027	-5,168	-2,161	6,186	1,000	1,247	4,420	-2,997	-3,766	-2,914	2,395	2,273
Prepaid expenses and other assets
-2,634	227	-2,704	4,208	-10,319	-4,225	4,920	-845	-3,569	35,866	-101,468	28,681	66,573	800	-1,556	310	3,474	-6,992	7,449	395	980	176	-1,598	-1,348	800	1,955	-923	585	-1,234	1,207	29	77	-898	-1,486	1,033	1,121	252	644	90	626	1,158	725	-210	1,295	1,340
Related-party receivables
-	-	-	-	-	-	-6,861	-56,922	32,779	-	131,617	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Other Operating Assets
6,402	343	11,415	10,537	7,542	767	2,614	3,357	2,348	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-35,063	341	-5,070	-1,043	3,075	25,364	-19,553	8,722	8,737	29,097	8,766	-2,671	11,456	1,124	-5,339	5,135	-1,383	-128	1,352	-57	1,951	-1,302	815	-516	382	759	-998	452	-244	-593	-335	1,002	-1,610	2,945	-1,558	-1,478	2,764	-1,857	-5,225	-916	-224	8,725	108	799	748
Accrued liabilities
465	-20,475	-2,090	13,690	-34,814	-11,044	17,878	-6,932	-29,455	-29,421	-3,245	26,572	39,907	6,093	-1,329	2,029	-8,014	2,539	7,942	-4,327	3,300	221	1,625	3,055	-2,557	-979	-201	1,914	-2,949	517	-900	4,190	-2,608	3,382	-1,099	1,492	-2,091	565	-6	2,429	-1,042	1,194	549	-3,513	-276
Income taxes, including excess tax benefits and deferred income taxes
2,325	-1,798	5,743	1,803	-1,068	-7,638	909	-9,996	-3,272	-10,643	203	-3,276	-10,909	-1,977	-2,102	-352	5,145	596	3,048	361	-2,392	7,425	-3,003	-2,051	1,956	-1,319	-2,200	-4,911	2,017	1,414	1,418	-5,527	1,915	4,067	-3,945	-5,204	2,347	1,391	-1,352	-884	2,305	-1,353	-165	-190	3,872
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	24	-278	-122	270	-1,080	-1,203	-	-	-	-
Net cash provided by operating activities
39,519	48,864	50,796	23,268	-21,010	49,933	51,325	79,689	-20,732	84,548	98,739	47,745	-76,609	21,234	26,932	24,480	17,295	15,565	19,455	15,924	13,251	17,993	19,072	16,561	12,714	23,482	16,288	15,192	10,764	25,340	9,459	13,136	18,336	28,436	10,588	10,296	15,167	14,275	1,281	7,339	10,200	10,913	12,430	8,027	19,769
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment
25,463	24,059	24,527	20,055	28,671	17,663	27,692	20,821	26,544	22,777	24,503	10,803	16,396	8,343	5,906	5,149	3,963	5,255	2,724	2,648	2,357	1,680	2,195	6,821	5,908	3,192	3,442	5,950	5,831	5,952	4,986	4,590	3,632	2,063	4,006	4,813	4,942	5,420	6,466	910	10,375	6,526	3,312	4,708	2,144
Proceeds from sale of asset
131	14	0	3	16	765	0	0	0	0	0	2	0	-1	0	0	1	0	3,558	34	0	0	0	0	5	28	1	20	0	0	0	0	10	16,201	0	0	0	0	0	0	893	-	-	-	-
Proceeds from the disposal of assets held for sale
-	-	-	-	-	0	0	0	13,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets additions
1,958	2,267	2,373	2,139	1,949	2,684	1,328	2,148	1,899	1,485	1,713	1,595	410	331	348	294	219	173	338	232	208	280	332	257	120	241	206	278	355	194	331	333	287	0	0	0	0	-	-	-	-	-	-	-	-
Business acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	5,351	0	0	157,097	0	-22	2,606	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	0	5,663
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-517	461	56	-6,014
Purchases of investment securities
7,082	8,046	0	13,585	4,409	1	22,015	4,002	4,478	0	24,743	0	0	6,809	93,469	11,045	7,061	15,920	23,125	7,887	9,205	14,595	18,903	23,182	36,908	14,103	26,551	26,237	19,131	20,342	24,568	31,542	22,424	24,172	34,094	7,706	24,530	2,529	7,155	7,312	6,386	9,245	33,734	35,270	20,936
Proceeds from sale of investment securities
10,900	4,892	3,000	8,900	24,500	500	6,040	4,000	4,900	0	0	0	0	113,105	13,664	19,963	11,802	12,761	20,738	17,770	31,785	19,956	19,607	18,927	30,936	15,667	27,031	31,333	18,317	17,346	19,390	19,620	21,442	14,675	14,035	9,596	3,304	4,300	16,204	23,494	20,672	21,657	45,131	25,882	14,541
Net cash used in investing activities
-23,472	-100,999	-23,900	-31,476	-10,513	-19,083	-44,995	-24,271	-15,021	-29,613	-50,959	-12,396	-173,903	100,889	-86,037	869	560	-36,403	-1,891	7,037	20,015	3,401	-1,823	-11,333	-11,995	-1,841	-3,167	-1,112	-7,000	-9,142	-10,495	-16,845	-4,891	4,641	-24,065	-142	-26,168	-3,649	3,205	15,272	4,804	7,489	-22,908	-14,152	-8,188
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options
560	3,492	306	3,009	925	64	1,675	9,381	3,155	12,036	9,023	1,952	8,992	1,516	8,034	2,375	5,421	4,068	5,177	1,020	4,777	7,893	2,089	2,814	4,202	12,988	1,095	1,017	2,904	1,630	3,881	3,649	5,684	953	2,449	3,545	1,027	1,614	800	57	46	23	97	48	1,207
Proceeds from employee stock purchase plan
-	-	-	-	-	-	-	-	-	0	1,379	0	1,326	0	1,164	0	1,197	0	1,121	0	1,041	0	1,101	0	1,384	0	1,190	0	1,267	0	1,139	0	1,081	919	0	0	909	0	829	0	747	0	648	0	623
Payment, Tax Withholding, Share-based Payment Arrangement
12,200	-	200	100	18,200	-	650	131	5,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefits from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,059	-	749	807	1,178	2,399	1,483	2,050	1,034	565	1,244	1,132	1,626	606	965	2,437	280	972	650	29	29	13	40	29	19
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	21	3,718	80	244	14	16,897	0	88	0	1,435	0	11,671	0	-5,835	6,066	-1,241	-1,792	0	-	-	-	-	-	-	-	0	0	0	4,672	23,976	19,881	0	0	560
Net cash (used in) provided by financing activities
138,386	3,331	93	2,901	-17,232	-69	1,025	9,250	-2,183	-63,070	10,190	1,931	6,600	1,436	8,954	2,361	-10,279	4,068	6,210	-2,039	7,442	5,159	3,938	3,621	929	15,387	2,527	1,275	5,205	2,195	6,264	4,781	8,391	-	-	5,982	2,216	2,586	2,279	-4,586	-23,154	-19,845	785	77	1,289
Proceeds from Lines of Credit
150,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-3,546	1,525	-2,907	1,130	18	-4,816	2,364	-10,107	2,400	-2,407	1,721	1,781	692	-1,440	219	-2,185	3,630	-2,434	502	1,637	-7,987	-2,982	-4,897	-521	-47	964	1,794	602	-1,238	983	736	-1,615	677	-940	-374	118	1,049	-33	1,304	-3,323	-198	-568	366	605	-537
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
150,887	-	-	-	-48,737	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	25,965	9,719	54,561	-35,536	-10,542	59,691	39,061	-243,220	122,119	-49,932	25,525	11,206	-19,204	24,276	22,559	32,721	23,571	16,290	8,328	1,601	37,992	17,442	15,957	7,731	19,376	5,964	-543	22,513	32,651	-20,429	16,254	-7,736	13,179	8,069	14,702	-8,348	-2,011	-9,327	-5,443	12,333
NON-CASH INVESTING ACTIVITIES
Capital Expenditures Incurred but Not yet Paid
7,112	-	-	-	-	25,338	-1,324	2,228	280	3,941	-4,589	5,587	437	971	-979	1,052	522	-924	874	88	144	689	-40	-868	1,008	-61	45	32	196	139	211	-511	588	-139	295	262	0	-	-	-	-	-	-	-	-
Fair value of assets acquired
-	-	-	-	-	-	-	-	-	-7,013	11,850	0	881,732	-775	509	3,572	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	5,351	0	0	157,097	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Debt
-	-	-	-	-	-	-	-	-	0	0	0	75,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Estimated working capital adjustment
-	-	-	-	-	-	-	-	-	-3,259	0	0	7,512	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Consideration Transferred, Equity Issued, Fair Value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill, Acquired During Period
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill, Period Increase (Decrease)
-	-	-	-	-	-	-	-	-	-	0	0	1,015	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities Assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Assumed Liabilities
-	-	-	-	-	-	-	-	-	-	3,316	0	162,786	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-