IDEX CORP /DE/ IEX Cash Flow

Idex corp /de/ (IEX)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash flows from operating activities
Net income
425,521	410,573	337,257	271,109	282,807	279,386	255,215	37,630	193,857	157,100	113,391	127,026
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (gain) on sale of fixed assets - net
-156	-946	-315	28	114	351	96	0	2,831	-12	-447	-
Loss (gain) on sale of businesses - net
0	0	9,300	-22,298	18,070	0	0	-	-	-	-	-
Asset impairments
10,155	0	0	205	795	2,473	2,747	198,519	0	-	-	-
Depreciation and amortization
39,543	39,049	38,314	37,854	35,694	33,720	35,007	36,827	36,882	32,367	31,850	30,989
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	30,090
Amortization of intangible assets
37,300	38,500	45,900	49,038	42,426	43,187	44,327	41,485	35,504	25,741	24,496	17,610
Amortization of debt issuance expenses
1,355	1,332	1,320	1,295	1,612	1,723	1,703	1,685	1,263	547	308	288
Share-based compensation expense
27,669	24,754	24,405	20,326	20,048	20,717	16,993	13,102	12,076	17,358	15,710	15,014
Deferred income taxes
6,625	-4,345	-33,742	-17,308	-339	-8,593	-3,156	-37,229	-3,576	-7,336	1,081	-10,817
Non-cash interest expense associated with forward starting swaps
-6,300	-6,500	-6,700	-6,851	7,030	7,223	7,430	7,637	3,570	-	-	-
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement
-	-	-	-3,554	-	-	-	-	-	-	-	-
Excess tax benefit from share-based compensation
-	-	-	-	5,265	6,275	8,560	4,474	5,298	3,457	2,762	3,134
Pension settlement
-	-	-	-	0	0	-	-	-	-	-	-
Forward starting interest rate contract settlement
-	-	-	-	-	-	-	-	38,707	30,970	-	-
Changes in (net of the effect from acquisitions):
Receivables
-22,338	23,419	15,803	-302	-8,832	11,110	-6,195	-12,747	16,488	22,162	-26,069	-19,667
Inventories
3,322	23,031	-760	-32,747	-4,557	7,821	-9,088	-23,799	607	26,651	-23,149	4,389
Other current assets
2,361	-25,162	20,031	22,006	2,728	5,201	-6,562	12,127	-877	2,985	-	-
Trade accounts payable
-9,115	-1,220	12,556	73	-2,828	-2,466	15,460	-1,376	-8,645	21,432	-16,310	-6,385
Accrued expenses
-37,086	4,148	19,710	-5,470	-16,672	23,760	11,790	9,944	7,411	17,941	-14,294	1,215
Other - net
-2,924	19,574	-24,408	923	-2,536	2,411	-817	1,989	-1,953	-5,540	-9,397	-5,886
Net cash flows provided by operating activities
528,062	479,345	432,753	399,917	360,321	367,961	401,522	326,180	217,241	184,477	212,532	223,060
Cash flows from investing activities
Purchases of property, plant and equipment
50,912	56,089	43,858	38,242	43,776	47,997	31,536	35,807	35,175	31,740	25,059	27,837
Purchase of intellectual property
0	4,000	0	0	-	-	-	-	-	-	-	-
Acquisition of businesses, net of cash acquired
87,180	20,205	38,161	510,001	195,013	25,443	36,849	68,930	443,634	91,286	-	392,825
Proceeds from disposal of fixed assets
962	363	6,011	49	894	1,460	567	0	12,651	720	3,582	-
Proceeds from sale of businesses, net of cash sold
0	0	21,795	39,064	27,677	0	0	-	-	-	-	-
Changes in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-140,005
Other - net
-115	1,500	533	69	273	280	344	529	3,379	-	-1,860	-
Net cash flows used in investing activities
-137,015	-81,431	-54,746	-509,199	-210,491	-72,260	-68,162	-105,266	-469,537	-122,306	-19,617	-280,657
Cash flows from financing activities
Borrowings under revolving facilities
-	-	-	-	-	-	-	-	365,000	53,866	-	-
Borrowings under credit facilities for acquisitions
-	-	-	-	-	-	-	-	-	-	-	180,665
Borrowings under revolving credit facilities
0	0	33,000	501,529	414,032	165,014	73,101	129,479	471,222	-	-	-
Proceeds from issuance of Senior Notes
-	-	-	-	-	-	-	-	349,125	-	-	-
Payment of 2.58% Senior Euro Notes
-	-	-	-	88,420	0	0	-	-	-	-	150,000
Borrowings under revolving credit facilities
-	-	-	-	-	-	-	-	-	7,685	70,114	483,044
Payments under revolving credit facilities
0	11,284	200,618	520,125	333,630	61,951	89,478	158,825	906,115	331,632	225,604	413,207
Payments under other long-term borrowings
50,057	0	0	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	246	1,739	0	0	-	5,451	2,685	-	-
Dividends paid
147,208	127,478	111,172	102,650	96,172	85,726	72,905	64,087	54,613	46,334	38,637	39,398
Proceeds from stock option exercises
38,809	27,639	22,935	30,240	19,217	17,161	35,306	45,771	33,064	18,057	7,694	10,421
Excess tax benefit from share-based compensation
-	-	-	-	5,265	6,275	8,560	4,474	5,298	3,457	2,762	3,134
Repurchases of common stock
54,668	173,926	29,074	57,272	210,822	219,893	167,503	89,563	0	-	-	50,000
Shares surrendered for tax withholding
12,596	11,555	6,228	4,928	3,259	4,952	1,902	2,340	6,008	2,082	-1,313	-
Settlement of foreign exchange contracts
0	6,593	13,736	0	0	-	-	-	-	-	-	-
Other - net
-1,865	0	0	-	-	-	-4,224	-1,394	1,890	-	-	-1,980
Net cash flows used in financing activities
-227,585	-290,011	-277,421	46,548	-295,528	-184,072	-219,045	-136,485	253,412	95,521	-184,984	22,679
Effect of exchange rate changes on cash and cash equivalents
2,712	-17,446	39,400	-29,320	-35,421	-42,121	6,450	4,176	-5,993	3,918	4,242	-6,486
Net increase (decrease) in cash
166,174	90,457	139,986	-92,054	-181,119	69,508	120,765	88,605	-4,877	161,610	12,173	-41,404
Supplemental cash flow information
Cash paid for:
Interest
36,683	36,327	36,818	37,067	33,502	32,565	33,432	32,639	27,749	16,776	17,311	20,139
Income taxes
109,032	90,733	104,852	109,399	112,613	122,295	73,657	87,603	66,087	73,867	50,796	72,074
Significant non-cash activities:
Contingent consideration for acquisition
0	3,375	0	0	4,705	0	0	8,370	3,000	-	-	-
Debt acquired with acquisition of business
51,130	0	0	-	-	-	-	4,680	1,400	758	-	-
Capital expenditures for construction of new leased facility
0	11,616	0	0	-	-	-	-	-	-	-	-
Issuance of unvested shares
-	-	-	-	-	-	-	-	-	-	5,131	-
3.20% Senior Notes, due June 2023
Proceeds from issuance of Senior Notes
-	-	-	100,000	-	-	-	-	-	-	-	-
3.37% Senior Notes, due June 2025
Proceeds from issuance of Senior Notes
-	-	-	100,000	-	-	-	-	-	-	-	-